Yuma Regional Medical Center
- Assets
- $1.2b
- Revenue
- $741.9m
- Investments
- $0.0
- Employees
- 3,091
- Location
- Yuma, AZ
- Founding
- 12/1971
- Data as of
- 09/2021
- EIN
- 86-6007596
Organization Overview
Yuma Regional Medical Center is located in Yuma, AZ. The organization was established in 1971. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2023, Yuma Regional Medical Center employed 3,091 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yuma 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 09/2021, Yuma Regional Medical Center generated $741.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $627.9m during the year ending 09/2021. While expenses have increased by 6.1% 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
THROUGH PRUDENT USE OF RESOURCES, OUR 406-BED INPATIENT HOSPITAL, ALONG WITH NUMEROUS OUTPATIENT CLINICS, SERVES AS THE HEALTHCARE HUB FOR ALL OF YUMA COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Trenschel DO MPH President/ceo | OfficerTrustee | 40 | $1,457,735 |
Simon Lavotshikin MD General Surgeon | 40 | $1,263,833 | |
Nader Haddad MD Obstetrician/gynecologist | 40 | $1,137,972 | |
Abhinav Chandra Oncology Program Medical Director | 40 | $1,060,381 | |
Robert Takesuye MD Radiation Oncologist | 40 | $1,057,475 | |
Jon-Rene Suffern MD Anesthesiologist | 40 | $1,006,157 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Yuma Heart And Vascular Llc Medical Healthcare Services | 9/29/23 | $14,836,117 |
Hospitality Healthcare Serv Custodial Services | 9/29/23 | $7,825,679 |
Pat Walker Construction Llc Construction Services | 9/29/23 | $6,702,705 |
Sw Rehabilitation Assoc Ltd Rehab Services | 9/29/23 | $3,854,376 |
Monolith Diagnostics Anatomic And Clinical Pathology Services | 9/29/23 | $3,527,133 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $166,161 |
| Investment income | $9,893,806 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$1,540,431 |
| Net Gain/Loss on Asset Sales | $19,051,401 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $741,860,053 |
| Statement of Expenses | |
|---|---|
| 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. | $6,768,176 |
| Compensation to disqualified persons | $299,318 |
| Other salaries and wages | $230,384,337 |
| Pension plan accruals and contributions | $10,509,184 |
| Other employee benefits | $24,578,692 |
| Payroll taxes | $13,686,748 |
| Fees for services: Management | $1,694,841 |
| Fees for services: Legal | $2,587,053 |
| Fees for services: Accounting | $429,400 |
| Fees for services: Lobbying | $36,312 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,060,467 |
| Fees for services: Other | $81,857,675 |
| Advertising and promotion | $633,450 |
| Office expenses | $5,005,065 |
| Information technology | $17,365,813 |
| Royalties | $0 |
| Occupancy | $6,116,702 |
| Travel | $1,024,082 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $338,954 |
| Interest | $8,459,692 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,295,823 |
| Insurance | $6,140,556 |
| All other expenses | $0 |
| Total functional expenses | $627,922,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,961,719 |
| Savings and temporary cash investments | $33,081,310 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $81,103,438 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $320,704 |
| Inventories for sale or use | $12,122,031 |
| Prepaid expenses and deferred charges | $11,044,587 |
| Investments—publicly traded securities | $475,239,344 |
| Investments—other securities | $0 |
| Investments—program-related | $25,247,134 |
| Intangible assets | $38,207,821 |
| Other assets | $10,469,947 |
| Total assets | $1,228,382,728 |
| Accounts payable and accrued expenses | $76,573,110 |
| Grants payable | $0 |
| Deferred revenue | $44,131,711 |
| Tax-exempt bond liabilities | $198,805,037 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $14,167,489 |
| Other liabilities | $124,093,997 |
| Total liabilities | $457,771,344 |
| Net assets without donor restrictions | $770,611,384 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $770,611,384 |