Kingman Healthcare Inc
- Assets
- $401.7m
- Revenue
- $388.1m
- Investments
- $10.0m
- Employees
- 2,588
- Location
- Kingman, AZ
- Founding
- 12/1983
- Data as of
- 06/2022
- EIN
- 94-2916102
Organization Overview
Kingman Healthcare Inc, operating under the name Kingman Regional Medical Center, is located in Kingman, AZ. The organization was established in 1983. 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 06/2022, Kingman Regional Medical Center employed 2,588 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingman 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 06/2022, Kingman Regional Medical Center generated $388.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $376.1m during the year ending 06/2022. While expenses have increased by 4.4% per year over the past 5 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.
Since 2017, Kingman Regional Medical Center has awarded 36 individual grants totaling $455,245. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR VISION IS TO BE ONE OF THE KINDEST, HIGHEST QUALITY HEALTH SYSTEMS IN THE COUNTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KINGMAN REGIONAL MEDICAL CENTER (KRMC) IS THE LARGEST HEALTHCARE PROVIDER IN NORTHWEST ARIZONA AND THE ONLY REMAINING NON-PROFIT HOSPITAL IN MOHAVE COUNTY, ARIZONA. AS A 235-BED MULTI-CAMPUS HEALTHCARE SYSTEM, OUR CENTER INCLUDES MORE THAN 2,000 EMPLOYEES, 270 PHYSICIANS/ALLIED HEALTH PROFESSIONALS, AND 150 VOLUNTEERS WHO CARE FOR THE HEALTH NEEDS OF OUR COMMUNITY. THE THREE LARGEST PROGRAM SERVICES OF THE ORGANIZATION ARE ACUTE CARE SERVICES, OUTPATIENT PHYSICIAN SERVICES, AND HOME HEALTH SERVICES. WITHIN THESE SERVICE LINES, THE ORGANIZATION OPERATES AN AWARD-WINNING CANCER CENTER, GENERAL SURGERY, PRIMARY AND SPECIALTY CARE SERVICES, INTERVENTIONAL CARDIOLOGY, EMERGENCY MEDICAL AND URGENT CARE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Kaplan Physician | 40 | $1,102,200 | |
Mark Davis Physician | 40 | $918,879 | |
Edgardo Rivera Physician | 40 | $827,815 | |
Abhinav Ohri Physician | 40 | $846,707 | |
William C Mcconnell CEO | OfficerTrustee | 40 | $780,662 |
Robert Matheny Physician | 40 | $741,430 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
High Desert Radiology Radiologists | 6/29/22 | $10,835,078 |
Ni2 Health Llc Accounting Assist. | 6/29/22 | $6,477,731 |
T R Orr Contractor | 6/29/22 | $3,298,989 |
Monolith Diagnostics Pc Pathology | 6/29/22 | $1,831,788 |
Aureus-focus One Agency Staff | 6/29/22 | $15,394,716 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,316,844 |
| All other contributions, gifts, grants, and similar amounts not included above | $94,577 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,411,421 |
| Total Program Service Revenue | $366,706,107 |
| Investment income | $3,974,550 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $359,334 |
| Net Gain/Loss on Asset Sales | -$515,304 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,782,514 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $388,128,574 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $169,148 |
| Grants and other assistance to domestic individuals. | $222,467 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,359,692 |
| Compensation of current officers, directors, key employees. | $1,166,619 |
| Compensation to disqualified persons | $1,109,344 |
| Other salaries and wages | $148,038,372 |
| Pension plan accruals and contributions | $3,733,439 |
| Other employee benefits | $23,278,204 |
| Payroll taxes | $9,382,988 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $184,838 |
| Fees for services: Accounting | $206,660 |
| Fees for services: Lobbying | $13,723 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $131,573 |
| Fees for services: Other | $60,889,501 |
| Advertising and promotion | $460,246 |
| Office expenses | $7,631,817 |
| Information technology | $9,570,198 |
| Royalties | $0 |
| Occupancy | $6,953,811 |
| Travel | $886,806 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $711,944 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,647,168 |
| Insurance | $3,561,126 |
| All other expenses | $971,102 |
| Total functional expenses | $376,147,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,219,747 |
| Savings and temporary cash investments | $39,588,171 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $72,943,991 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $100,035 |
| Inventories for sale or use | $7,550,125 |
| Prepaid expenses and deferred charges | $4,371,481 |
| Net Land, buildings, and equipment | $140,347,342 |
| Investments—publicly traded securities | $111,911,083 |
| Investments—other securities | $9,980,444 |
| Investments—program-related | $2,458,603 |
| Intangible assets | $0 |
| Other assets | $3,240,158 |
| Total assets | $401,711,180 |
| Accounts payable and accrued expenses | $49,121,389 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $21,142,683 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $22,788,635 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,225,945 |
| Total liabilities | $99,278,652 |
| Net assets without donor restrictions | $299,684,949 |
| Net assets with donor restrictions | $2,747,579 |
| 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 | $401,711,180 |
Grants Awarded
Over the last fiscal year, Kingman Healthcare Inc has awarded $95,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CORNERSTONE MISSION PURPOSE: HOMELESS SHELTER FOR MEN | $12,000 |
ARIZONA YOUTH PARTNERSHIP PURPOSE: SUPPORT HOMELESS SHELTER FOR TEENAGE BOYS | $6,000 |
KINGMAN AID TO ABUSED PEOPLE PURPOSE: SUPPORT FOR SHELTER FOR ABUSED PEOPLE | $23,000 |
KATHERINE HEIDENREICH ADULT CENTER PURPOSE: TRANSPORTATION TO PHYSICIANS, MEALS FOR ELDERLY | $15,000 |
KINGMAN CANCER CARE PURPOSE: ASSISTS CANCER PATIENTS IN KINGMAN AREA | $13,000 |
SHESTRONG INC | | | $10,500 |