Tri Valley Medical Inc
- Assets
- $109.5m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Yreka, CA
- Founding
- 02/1988
- Data as of
- 12/2021
- EIN
- 94-3011965
Organization Overview
Tri Valley Medical Inc is located in Yreka, CA. The organization was established in 1988. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tri Valley Medical Inc 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, Tri Valley Medical Inc generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $4.6k during the year ending 12/2021. 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
HOLDING COMPANY FOR A 501(C)(3) HOSPITAL AND SUPPORT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGEMENT OF HOSPITAL SUPPORT SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Maloney MD Chief Of Staff | OfficerTrustee | 0 | $0 |
Larry Mulloy Chairman | OfficerTrustee | 1 | $0 |
Darrin Mercier Vice Chairman | OfficerTrustee | 1 | $0 |
Dwayne Jones Secretary/treas | OfficerTrustee | 1 | $0 |
William Broeckel MD Staffchiefelect | OfficerTrustee | 1 | $0 |
Jonathon Andrus CEO | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,345,902 |
| Investment income | $455,334 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,801,236 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $2,590 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,608 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,944,331 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $10,753,662 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $53,417,881 |
| Investments—other securities | $0 |
| Investments—program-related | $40,350,486 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $109,501,360 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $109,501,360 |
| 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 | $109,501,360 |
Endowment Analysis
| Beg. Balance | $702,123 |
| Earnings | $158,667 |
| Ending Balance | $860,790 |
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Community Pathways Portland, OR | $2,518,524 | $2,996,605 |
Reproductive Health Investors Alliance Inc San Francisco, CA | $3,893,579 | $451,000 |
Los Angeles County Usc Medical Center Auxiliary Los Angeles, CA | $1,854,785 | $2,822,197 |
Center For Quality Systems Improvement Roseville, CA | $1,341,904 | $1,785,342 |
Private Essential Access Community Hospitals Inc Sacramento, CA | $531,216 | $1,410,595 |
Compass Cooperative Health Plan Inc Scottsdale, AZ | $3,820,448 | $10,074 |
Community Health Initiative Of Orange County Santa Ana, CA | $896,910 | $1,163,525 |