Summit Healthcare Association
- Assets
- $298.4m
- Revenue
- $258.3m
- Investments
- $0.0
- Employees
- 1,531
- Location
- Show Low, AZ
- Founding
- 11/1976
- Data as of
- 12/2021
- EIN
- 86-0320447
Organization Overview
Summit Healthcare Association, operating under the name Summit Healthcare Regional Medical Center, is located in Show Low, AZ. The organization was established in 1976. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Summit Healthcare Regional Medical Center employed 1,531 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Summit Healthcare Regional Medical Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Summit Healthcare Regional Medical Center generated $258.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $253.1m during the year ending 12/2021. While expenses have increased by 7.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TRUSTED TO DELIVER EXCEPTIONAL, COMPASSIONATE CARE CLOSE TO HOME. SUMMIT HEALTHCARE CONTINUES TO PROMOTE HEALTH AND WELLNESS TO THE COMMUNITIES WE SERVE. WE INVEST IN STATE-OF-THE-ART EQUIPMENT TO HELP OUR PATIENTS REACH THEIR HEALTH CARE GOALS AND RETURN TO A HEALTHY, ACTIVE LIFESTYLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMIT HEALTHCARE IS A LICENSED 89-BED NOT-FOR-PROFIT RURAL HOSPITAL. SUMMIT HEALTHCARE IS COMMITTED TO PROVIDE EXCEPTIONAL COMPASSIONATE CARE TO THE COMMUNITIES WE SERVE. SUMMIT HEALTHCARE'S ARRAY OF SERVICES INCLUDE A 24-EMERGENCY DEPARTMENT WHICH IS PEDIATRIC CERTIFIED, CARDIAC AND VASCULAR CATH LAB, DIAGNOSTIC IMAGING, WOMEN'S IMAGING, HOME HEALTH SERVICES, IV THERAPY, CANCER CENTER WITH MEDICAL AND RADIATION ONCOLOGY, WOMEN & INFANT SERVICES, LEVEL II NURSERY, THERAPY SERVICES WITH CHILDREN'S THERAPY - OCCUPATIONAL HEALTH- PHYSICAL THERAPY - SPEECH THERAPY, PAIN MEDICINE, SURGICAL SERVICES, TELEMEDICINE, WOUND CARE AND HYPERBARICS AND MUCH MORE. WE ARE PROUD TO OFFER TECHNOLOGY USUALLY FOUND IN LARGER CITIES - RIGHT HERE IN THE WHITE MOUNTAINS. FOR A COMPLETE LIST OF SERVICES VISIT SUMMITHEALTHCARE.NET.ACROSS THE COUNTRY, HEALTHCARE FACILITIES IN RURAL AREAS ARE COLLABORATING WITH LARGE NETWORKS TO CONTINUE TO PROVIDE A CONTINUUM OF CARE TO THEIR PATIENTS.EVENTSDUE TO THE COVID 19 PANDEMIC SUMMIT HEALTHCARE WAS UNABLE TO HOLD EVENTS IN 2021.FACILITYFOR 2021 SUMMIT HEALTHCARE'S NEW BUILDINGS, ADMINISTRATIVE SERVICES, OUTPATIENT PAVILION, AND OUTPATIENT SURGERY CENTER WERE ALL FULLY OPERATIONAL.EACH BUILDING WILL HOUSE THE FOLLOWING SERVICES WITH MORE HEALTHCARE SERVICES TO BE ADDED:ADMINISTRATIVE SERVICES BUILDING INCLUDES:ADMINISTRATION HUMAN RESOURCES MEDICAL RECORDS MATERIALS MANAGEMENT ENVIRONMENTAL SERVICES BUSINESS OFFICE FOR HOSPITAL AND PHYSICIAN CLINICS QUALITY AND PROFESSIONAL DEVELOPMENT MEDICAL STAFF SERVICES ACCOUNTING SOME INFORMATION TECHNOLOGYMEDICAL OFFICE BUILDING PRIMARY CARE SERVICESTHE URGENT CARE CLINICS IN SHOW LOW AND PINETOP WILL REMAIN OPENSPECIALTY SERVICESSUMMIT HEALTHCARE PLASTIC & RECONSTRUCTIVE SURGERYSUMMIT HEALTHCARE INTERNAL MEDICINESUMMIT HEALTHCARE NATUROPATHIC MEDICINESUMMIT HEALTHCARE PEDIATRICSSUMMIT HEALTHCARE ORTHOPEDICSSUMMIT HEALTHCARE PAIN CLINICSUMMIT HEALTHCARE HEART, LUNG AND VASCULARSUMMIT HEALTHCARE OB/GYNSUMMIT HEALTHCARE UROLOGYSUMMIT HEALTHCARE GENERAL SURGERYSUMMIT HEALTHCARE OUTPATIENT DIAGNOSTIC IMAGINGSUMMIT HEALTHCARE WOUND CARE CENTERHEALTHY STEPSSUMMIT HEALTHCARE PHARMACYAMBULATORY SURGERY CENTER PHYSICIANSSUMMIT HAS PHYSICIAN SPECIALISTS IN ONCOLOGY, RADIATION ONCOLOGY, PLASTIC SURGERY, CARDIOLOGY, PULMONARY MEDICINE, INTERNAL MEDICINE, PEDIATRICS, OBSTETRICS, PAIN MANAGEMENT, GENERAL SURGERY, ORTHOPEDICS, PODIATRY, UROLOGY, GENERAL SURGERY, VASCULAR SURGERY. WE CONTINUE TO RECRUIT NEW PHYSICIANS TO THE COMMUNITY TO MEET THE HEALTHCARE NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Olack Physician | 40 | $1,232,032 | |
Burke Delange Physician | 40 | $1,192,921 | |
Farbod Khaki Physician | 40 | $1,092,224 | |
Simranjit Galhotra Physician | 40 | $992,578 | |
Dax Trujillo Physician | 40 | $937,165 | |
Doug Wright DO Board Member/physician | Trustee | 40 | $725,757 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Allscripts Services | 12/30/21 | $5,028,296 |
Medical Solutions Services | 12/30/21 | $4,326,505 |
Integrated Medical Services Services/physician | 12/30/21 | $3,261,171 |
Healthcare Workforce Logistics Services | 12/30/21 | $2,029,736 |
Ensemble Services | 12/30/21 | $8,214,206 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,116,861 |
| All other contributions, gifts, grants, and similar amounts not included above | $121,047 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,237,908 |
| Total Program Service Revenue | $243,298,763 |
| Investment income | $434,786 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $29,002 |
| Net Gain/Loss on Asset Sales | $596,531 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $258,306,139 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $9,406,633 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,287,634 |
| Pension plan accruals and contributions | $90,593 |
| Other employee benefits | $11,570,424 |
| Payroll taxes | $6,150,317 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $166,773 |
| Fees for services: Accounting | $99,203 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $362,762 |
| Fees for services: Other | $43,729,031 |
| Advertising and promotion | $1,046,680 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,208,250 |
| Travel | $187,856 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $288,420 |
| Interest | $4,863,754 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,086,787 |
| Insurance | $1,767,742 |
| All other expenses | $12,190,635 |
| Total functional expenses | $253,131,563 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,020,093 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $58,146,595 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,540,896 |
| Prepaid expenses and deferred charges | $2,804,056 |
| Net Land, buildings, and equipment | $179,518,119 |
| Investments—publicly traded securities | $47,271,877 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,123,284 |
| Total assets | $298,424,920 |
| Accounts payable and accrued expenses | $27,656,180 |
| Grants payable | $0 |
| Deferred revenue | $1,614,807 |
| Tax-exempt bond liabilities | $52,850,403 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $53,663,062 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $341,220 |
| Total liabilities | $136,125,672 |
| Net assets without donor restrictions | $161,665,224 |
| Net assets with donor restrictions | $634,024 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $298,424,920 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Summit Healthcare Association has recieved totaling $236.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $236 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scl Health - Front Range Inc Broomfield, CO | $769,910,245 | $929,785,452 |
Grossmont Hospital Corporation San Diego, CA | $1,425,066,151 | $963,761,157 |
Renown Regional Medical Center Reno, NV | $920,238,119 | $918,236,960 |
Eisenhower Medical Center Rancho Mirage, CA | $1,388,654,538 | $887,259,076 |
Santa Barbara Cottage Hospital Santa Barbara, CA | $1,990,776,088 | $820,638,690 |
Pasadena Hospital Association Ltd Pasadena, CA | $1,315,158,731 | $740,897,251 |
Enloe Medical Center Chico, CA | $774,318,013 | $814,037,880 |
Torrance Memorial Medical Center Torrance, CA | $1,308,904,790 | $749,888,639 |
Pomona Valley Hospital Medical Center Pomona, CA | $766,840,577 | $699,695,626 |
Tucson Medical Center Tucson, AZ | $695,529,192 | $712,683,954 |
Pih Health Hospital Whittier Whittier, CA | $1,422,637,395 | $696,894,160 |
Poudre Valley Health Care Inc Fort Collins, CO | $9,383,080,918 | $1,025,348,780 |