Ridgecrest Regional Hospital
- Assets
- $173.8m
- Revenue
- $151.8m
- Investments
- $0.0
- Employees
- 1,066
- Location
- Ridgecrest, CA
- Founding
- 08/1965
- Data as of
- 12/2021
- 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 12/2021, Ridgecrest Regional Hospital employed 1,066 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 12/2021, Ridgecrest Regional Hospital generated $151.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $150.0m during the year ending 12/2021. While expenses have increased by 6.2% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
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 72,147NUMBER OF PATIENT DAYS 7,368HOME HEALTH VISITS 2,213HOSPICE ROUTINE CARE DAYS 1,939SNF RESIDENT DAYS 20,635RURAL HEALTH VISITS 56,772COMMUNITY CARE CLINIC VISITS 33,693
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Healthy Desai Physician | 40 | $662,897 | |
James Suver CEO | Officer | 50 | $569,160 |
Hani Chaabo Physician | 40 | $302,432 | |
Luigi Cendana Physician | 40 | $298,748 | |
Hope Zissos Physician | 40 | $294,683 | |
Salman Ziaei Physician | 40 | $291,324 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Regional Anesthesia Associates Medical | 12/30/21 | $2,609,419 |
Healthcomp Llc Benefits Administration | 12/30/21 | $1,302,670 |
Ghassan A Mohsen Medical | 12/30/21 | $1,094,762 |
Triage Llc Medical | 12/30/21 | $997,316 |
Comphealth Medical Staffing Inc Medical | 12/30/21 | $1,030,855 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $129,000 |
| Government grants | $382,021 |
| All other contributions, gifts, grants, and similar amounts not included above | $168,318 |
| Noncash contributions included in lines 1a–1f | $92,568 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $679,339 |
| Total Program Service Revenue | $149,392,880 |
| Investment income | $1,632,925 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $140,596 |
| Net Gain/Loss on Asset Sales | -$907 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $151,844,833 |
| 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. | $1,315,296 |
| Compensation of current officers, directors, key employees. | $328,824 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,282,711 |
| Pension plan accruals and contributions | $1,101,765 |
| Other employee benefits | $8,028,486 |
| Payroll taxes | $3,892,080 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,216,441 |
| Fees for services: Accounting | $445,292 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,909,830 |
| Advertising and promotion | $0 |
| Office expenses | $6,031,447 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,466,081 |
| Travel | $496,880 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,216,802 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,832,254 |
| Insurance | $1,973,670 |
| All other expenses | $469,550 |
| Total functional expenses | $149,973,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,274,553 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,986,153 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $114,238 |
| Inventories for sale or use | $2,602,060 |
| Prepaid expenses and deferred charges | $5,370,924 |
| Net Land, buildings, and equipment | $76,927,104 |
| Investments—publicly traded securities | $35,309,516 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,343,750 |
| Other assets | $6,888,671 |
| Total assets | $173,816,969 |
| Accounts payable and accrued expenses | $17,277,419 |
| Grants payable | $0 |
| Deferred revenue | $1,202,860 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $68,639 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $52,691,268 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,099,248 |
| Total liabilities | $74,339,434 |
| Net assets without donor restrictions | $99,477,535 |
| 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 | $173,816,969 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ridgecrest Regional Hospital has recieved totaling $6,564.
| Awarding Organization | Amount |
|---|---|
California Health Foundation And Trust Sacramento, CA PURPOSE: WALMART FOUNDATION GRANT | $6,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $64 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asante Medford, OR | $2,030,793,202 | $1,067,000,527 |
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 |
Sky Lakes Medical Center Inc Klamath Falls, OR | $459,854,725 | $667,970,427 |
Pih Health Hospital Whittier Whittier, CA | $1,422,637,395 | $696,894,160 |