Foundation Of Yuma Regional Medical Center
- Assets
- $19.4m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 3
- Location
- Yuma, AZ
- Founding
- 02/1976
- Data as of
- 09/2021
- EIN
- 51-0179146
Organization Overview
Foundation Of Yuma Regional Medical Center is located in Yuma, 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 09/2021, Foundation Of Yuma Regional Medical Center employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Of 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, Foundation Of Yuma Regional Medical Center generated $2.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $766.0k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Foundation Of Yuma Regional Medical Center has awarded 19 individual grants totaling $2,675,875. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE FOUNDATION OF YUMA REGIONAL MEDICAL CENTER IS TO SUPPORT A HEALTHIER COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHCARE CAREER AND NURSING SCHOLARSHIPS: EDUCATION IS AN ESSENTIAL COMPONENT OF THE FOUNDATION OF YUMA REGIONAL MEDICAL CENTER'S ONGOING COMMITMENT TO ADVANCING, ENHANCING, AND SUSTAINING THE DELIVERY OF QUALITY HEALTHCARE IN YUMA COUNTY. AS SUCH, THE FOUNDATION OF YUMA REGIONAL MEDICAL CENTER AWARDS MANY DIFFERENT SCHOLARSHIPS EACH YEAR. THIS IMPORTANT FINANCIAL SUPPORT MAKES IT POSSIBLE FOR STUDENTS WHO ASPIRE TO HAVE OR ADVANCE CAREERS IN THE HEALTH CARE AND ALLIED HEALTH FIELDS TO PURSUE THEIR EDUCATION GOALS. SCHOLARSHIPS ARE ALSO AWARDED TO THOSE SPECIFICALLY INTERESTED IN NURSING OR ADVANCING THEIR NURSING EDUCATION, OFTEN MOVING FROM RN TO BSRN, PA, OR NP. FUNDS ARE ALSO AWARDED ANNUALLY TO SUPPORT ADVANCED NURSING CERTIFICATIONS.
THE COVID-19 RESPONSE FUND PROVIDED AID TO SUPPORT THE EMERGING NEEDS OF YUMA REGIONAL MEDICAL CENTER IN RESPONSE TO THE COVID-19 PANDEMIC. FUNDS WERE ALLOCATED FOR PPE, YRMC FRONT-LINE WORKER SUPPORT OF YRMC THAT INCLUDED SPECIAL RECOGNITION PROGRAMS, AND THE BUILDING OF A COVID-19 MEMORIAL ON YRMC'S CAMPUS.
BOARD DESIGNATED FUNDS ARE USED TO SUPPORT THE MOST PRESSING NEEDS OF YRMC AND ITS COMMUNITY HEALTH INITIATIVES. IN 2021, THESE FUNDS SUPPORTED PATIENTS WITH DIABETES THROUGH PROVISION OF FREE GLUCOMETERS,. THESE FUNDS ALSO SUPPORTED OUR HEALTHY KIDS AND FAMILIES PROGRAM.
THE CPE ENDOWMENT PROVIDES RESTRICTED SUPPORT FOR YUMA REGIONAL MEDICAL CENTER'S CHAPLAINCY RESIDENCY PROGRAM. IN 2021, FUNDS HELPED TO PROVIDE EDUCATIONAL RESOURCES FOR RESIDENTS, SUPPORTED PATIENT CARE THROUGH PROVISION OF CLOTHING AND OTHER PERSONAL ITEMS PROVIDED BY THE YRMC DEPARTMENT OF SPIRITUAL CARE, AS WELL AS AN ART PROGRAM AIMED AT ADDRESSING EMPLOYEE BURNOUT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Woodwell Director Of Foundation | Officer | 40 | $148,643 |
Margie Dallabetta Chair | OfficerTrustee | 2 | $0 |
Shelley Mellon Vice Chair | OfficerTrustee | 2 | $0 |
Wendy Mckay Secretary/treasurer | OfficerTrustee | 2 | $0 |
Machele Headington Executive Director | Officer | 4 | $0 |
Robert J Trenschel DO President/ceo Yrmc/trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $286,487 |
| Government grants | $5,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $378,444 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $669,931 |
| Total Program Service Revenue | $0 |
| Investment income | $702,293 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $34,639 |
| Net Gain/Loss on Asset Sales | $1,313,023 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,719,927 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $168,161 |
| Grants and other assistance to domestic individuals. | $82,442 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $171,589 |
| Compensation of current officers, directors, key employees. | $51,477 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $75,269 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $111,093 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20,853 |
| Office expenses | $18,962 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $117,079 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $537 |
| Total functional expenses | $765,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $554,197 |
| Savings and temporary cash investments | $132,404 |
| Pledges and grants receivable | $25,216 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $18,643,460 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,365,277 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $79,062 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $79,062 |
| Net assets without donor restrictions | $7,114,751 |
| Net assets with donor restrictions | $12,171,464 |
| 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 | $19,365,277 |
Grants Awarded
Over the last fiscal year, Foundation Of Yuma Regional Medical Center has awarded $168,161 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Yuma, AZ PURPOSE: CANCER PROVIDER EDUCATION AND PATIENT SUPPORT | $161,161 |
Yuma, AZ PURPOSE: VOLUNTEER OPPORTUNITIES | $7,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Foundation Of Yuma Regional Medical Center has recieved totaling $10,635.
| Awarding Organization | Amount |
|---|---|
Smiles For Life Foundation Salt Lake City, UT PURPOSE: MEDICAL CHARITY | $9,630 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $14,025,276 |
| Earnings | $3,086,808 |
| Net Contributions | $3,000 |
| Other Expense | $16,000 |
| Grants | $80,238 |
| Ending Balance | $17,018,846 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sutter Coast Hospital Sacramento, CA | $47,113,500 | $102,047,070 |
Uintah Basin Medical Center Roosevelt, UT | $123,876,812 | $104,820,070 |
San Gorgonio Memorial Hospital Banning, CA | $13,082,135 | $71,265,024 |
Goleta Valley Cottage Hospital Santa Barbara, CA | $218,776,897 | $113,157,156 |
Adventist Health Delano Delano, CA | $197,667,914 | $87,398,117 |
Mt Graham Regional Medical Center Inc Safford, AZ | $112,315,284 | $100,653,810 |
Rehoboth Mckinley Christian Health Care Service Inc Gallup, NM | $42,937,497 | $83,670,311 |
Mark Twain Medical Center San Francisco, CA | $73,050,822 | $74,521,934 |
Cobre Valley Regional Medical Center Globe, AZ | $131,779,953 | $89,226,703 |
Winslow Indian Health Care Center Inc Winslow, AZ | $376,338,579 | $184,477,128 |
Bisbee Hospital Association Bisbee, AZ | $83,487,894 | $66,073,485 |
Pediatric And Family Medical Center Los Angeles, CA | $50,940,781 | $65,802,263 |