Ridgecrest Regional Hospital
- Assets
- $155.7m
- Revenue
- $147.0m
- Investments
- $0.0
- Employees
- 1,035
- Location
- Ridgecrest, CA
- Founding
- 08/1965
- Data as of
- 12/2022
- EIN
- 95-2082686
Organization Overview
Ridgecrest Regional Hospital is located in Ridgecrest, CA. The organization was established in 1965. 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 12/2022, Ridgecrest Regional Hospital employed 1,035 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ridgecrest Regional Hospital 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 12/2022, Ridgecrest Regional Hospital generated $147.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $158.5m during the year ending 12/2022. While expenses have increased by 6.1% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY-BASED ORGANIZATION THAT PROVIDES AND PROMOTES COMPREHENSIVE QUALITY HEALTHCARE FOR THE PEOPLE OF THE SOUTHERN SIERRA REGION.
Describe the Organization's Program Activity:
RIDGECREST REGIONAL HOSPITAL PROVIDES INPATIENT AND OUTPATIENT CARE. CHARITY CARE IS PROVIDED TO QUALIFIED PATIENTS WITH MINIMUM OR NO CHARGE. CARE ACCOMPLISHMENTS FOR THE YEAR ARE AS FOLLOWS:NUMBER OF VISITS 72,709NUMBER OF PATIENT DAYS 7,012VISITING NURSE SERVICES VISITS 3,743HOSPICE ROUTINE CARE DAYS 1,496SNF RESIDENT DAYS 17,447RURAL HEALTH VISITS 55,807COMMUNITY CARE CLINIC VISITS 37,157
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Healthy Desai Physician | 40 | $670,984 | |
James Suver CEO | Officer | 50 | $647,296 |
Kevin Flanagan Physician | 40 | $364,162 | |
Hope Zissos Physician | 40 | $302,480 | |
Hani Chaabo Physician | 40 | $298,601 | |
Salman Ziaei Physician | 40 | $298,369 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Regional Anesthesia Associates Medical | 12/30/22 | $3,004,266 |
Prolink Healthcare Medical | 12/30/22 | $5,120,265 |
Comphealth Medical Staffing Inc Medical | 12/30/22 | $1,399,491 |
Healthcomp Llc Benefits Administration | 12/30/22 | $1,347,865 |
A Milstein Enterprises Llc Medical | 12/30/22 | $1,091,159 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,500 |
| Government grants | $1,565,704 |
| All other contributions, gifts, grants, and similar amounts not included above | $96,188 |
| Noncash contributions included in lines 1a–1f | $15,088 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,664,392 |
| Total Program Service Revenue | $144,066,825 |
| Investment income | $716,047 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$16,452 |
| Net Gain/Loss on Asset Sales | $529,727 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $146,960,539 |
| 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. | $1,295,414 |
| Compensation of current officers, directors, key employees. | $323,853 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,171,793 |
| Pension plan accruals and contributions | $1,059,341 |
| Other employee benefits | $14,552,636 |
| Payroll taxes | $4,292,303 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,366,478 |
| Fees for services: Accounting | $137,952 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $49,745,893 |
| Advertising and promotion | $0 |
| Office expenses | $388,904 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,637,777 |
| Travel | $487,792 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,095,647 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,196,704 |
| Insurance | $1,246,855 |
| All other expenses | $3,045,880 |
| Total functional expenses | $158,501,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,474,905 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,334,194 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $95,104 |
| Inventories for sale or use | $2,496,080 |
| Prepaid expenses and deferred charges | $5,002,265 |
| Net Land, buildings, and equipment | $66,889,628 |
| Investments—publicly traded securities | $25,406,476 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,083,334 |
| Other assets | $18,874,144 |
| Total assets | $155,656,130 |
| Accounts payable and accrued expenses | $19,037,602 |
| Grants payable | $0 |
| Deferred revenue | $182 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $67,440 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $52,058,396 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,337,939 |
| Total liabilities | $73,501,559 |
| Net assets without donor restrictions | $82,154,571 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $155,656,130 |