YRMC is a general hospital based in Prescott, AZ that was founded in 1942. As of 2020 they had $410 million in revenue and $574 million in assets.
Yavapai Regional Medical Center, state-of-the-art healthcare system with two acute care hospitals, a network of primary and specialty care clinics, outpatient health and wellness centers, cardiac diagnostic centers, and outpatient medical imaging cent...
Previous legal names or variations of their name include: Yavapai Community Hospital Association.
EIN:
86-0098923
City:
State:
Metro:
Phone:
(928) 445-2700
Facebook:
Twitter:
Founded:
1942
Type:
501(c)(3)
NTEE:
Revenue:
$410,001,893
Assets:
$574,266,540
Employees:
2,498
Fiscal year end:
December
Program areas at YRMC
YAVAPAI REGIONAL MEDICAL CENTER (YRMC) IS HONORED TO SERVE THE ENTIRE COMMUNITY OF WESTERN YAVAPAI COUNTY. WE CARE FOR EVERYONE LIVING IN OUR REGION THROUGH HIGH QUALITY INPATIENT AND OUTPATIENT SERVICES AS WELL AS A WIDE RANGE OF VALUABLE COMMUNITY OUTREACH AND HEALTH EDUCATION PROGRAMS. YRMC SERVES THE HEALTHCARE NEEDS OF PEOPLE OF ALL AGES AND FROM ALL WALKS OF LIFE. WE'RE PLEASED TO MEET THOSE NEEDS 24 HOURS A DAY, 365 DAYS A YEAR. YRMC'S SOLE PURPOSE IS TO PROVIDE HIGH-QUALITY HEALTHCARE AND IMPROVE THE QUALITY OF LIFE FOR PEOPLE IN THE COMMUNITIES WE SERVE. THERE ARE NO STOCKHOLDERS TO WHOM WE MUST PAY DIVIDENDS; WE FOCUS INSTEAD ON THE PEOPLE WE SERVE. THE DIVIDENDS THEY RECEIVE ARE HEALTHIER LIVES FOR THEMSELVES AND THOSE THEY LOVE. ANY MONEY REMAINING AFTER YRMC HAS COVERED ITS EXPENSES GOES BACK INTO THE ORGANIZATION TO HELP EXPAND PROGRAMS AND ADD NEW SERVICES FOR ...
Form 990s for YRMC
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2019-12 | Nov 10, 2020 | 990 | View PDF |
| 2018-12 | Oct 3, 2019 | 990 | View PDF |
| 2017-12 | Dec 22, 2018 | 990 | View PDF |
| 2016-12 | Nov 29, 2017 | 990 | View PDF |
| 2015-12 | Jan 25, 2017 | 990 | View PDF |
| ...and six more Form 990 PDFs |
Financials for YRMC
| Field | 2019 | 2018 | % Change |
|---|
| Federated campaigns | $0 | $0 | |
| Membership dues | $0 | $0 | |
| Fundraising event contributions | $0 | $0 | |
| Related organizations | $738,850 | $616,292 | 19.9% |
| Government grants (contributions) | $133,234 | $0 | 999% |
| Normal grants, contributions, etc. | $161,086 | $380,673 | -57.7% |
| <em>Non-cash contributions included in above</em> | $0 | $0 | |
| Total grants, contributions, etc. | $1,033,170 | $996,965 | 3.6% |
| Field | 2019 | 2018 | % Change |
|---|
| Total grants, contributions, etc. | $1,033,170 | $996,965 | 3.6% |
| Program services | $397,260,750 | $394,943,306 | 0.6% |
| Investment income and dividends | $5,785,002 | $4,697,251 | 23.2% |
| Tax-exempt bond proceeds | $257,259 | $21,760 | 1082.3% |
| Royalty revenue | $0 | $0 | |
| Net rental income | $612,636 | $627,219 | -2.3% |
| Net gain from sale of non-inventory assets | $3,566,933 | $1,828,856 | 95.0% |
| Net income from fundraising events | $0 | $0 | |
| Net income from gaming activities | $0 | $0 | |
| Net income from sales of inventory | $124,914 | $85,339 | 46.4% |
| Miscellaneous revenues | $1,361,229 | $1,713,664 | -20.6% |
| Total revenues | $410,001,893 | $404,914,360 | 1.3% |
| Field | 2019 | 2018 | % Change |
|---|
| Grants to govts. and orgs. in USA | $675,099 | $670,526 | 0.7% |
| Grants to individuals in USA | $0 | $0 | |
| Grants to govts., orgs., and individuals outside USA | $0 | $0 | |
| Benefits paid to or for members | $0 | $0 | |
| Compensation of current officers, etc. | $4,862,828 | $5,632,456 | -13.7% |
| Compensation not included above, to disqualified persons | $0 | $0 | |
| Non-officer salaries and wages | $132,738,983 | $125,327,554 | 5.9% |
| Pension/retirement accruals and contributions | $3,243,879 | $2,998,529 | 8.2% |
| Other employee benefits | $24,449,061 | $25,141,128 | -2.8% |
| Payroll taxes | $9,153,314 | $8,584,208 | 6.6% |
| Management fees | $0 | $0 | |
| Legal fees | $729,503 | $382,226 | 90.9% |
| Accounting fees | $114,116 | $149,589 | -23.7% |
| Lobbying fees | $40,439 | $43,041 | -6.0% |
| Pro. fundraising fees | $0 | $0 | |
| Investment mgmt fees | $182,028 | $326,468 | -44.2% |
| Other fee-for-service | $33,808,168 | $24,264,311 | 39.3% |
| Advertising and promotion | $461,981 | $504,761 | -8.5% |
| Office expenses | $9,266,664 | $8,505,586 | 8.9% |
| Information tech. expenses | $21,813,050 | $21,906,668 | -0.4% |
| Royalty expenses | $0 | $0 | |
| Occupancy | $4,048,976 | $4,141,454 | -2.2% |
| Travel | $395,747 | $388,043 | 2.0% |
| Public official travel and entertainment | $0 | $0 | |
| Conferences, meetings, etc. | $294,443 | $283,392 | 3.9% |
| Interest | $3,835,005 | $3,474,769 | 10.4% |
| Payments to affiliates | $0 | $0 | |
| Depreciation, amortization, etc. | $16,131,453 | $15,649,584 | 3.1% |
| Insurance | $1,603,951 | $2,129,729 | -24.7% |
| All other expenses | $94,686,983 | $108,908,270 | -13.1% |
| Total expenses | $362,535,670 | $359,412,292 | 0.9% |
| Field | 2019 | 2018 | % Change |
|---|
| Cash (non-interest-bearing) | $19,511,229 | $27,632,882 | -29.4% |
| Savings, short-term investments, etc. | $33,130,991 | $14,461,883 | 129.1% |
| Pledges and grants receivable | $0 | $0 | |
| Accounts receivable | $42,147,887 | $43,155,358 | -2.3% |
| Loans receivable from officers, directors, etc. | $0 | $0 | |
| Loans receivable from other disqualified persons | $0 | $0 | |
| Notes and loans receivable | $280,005 | $373,167 | -25.0% |
| Inventories for use | $6,913,172 | $6,446,150 | 7.2% |
| Prepaid expenses and deferred charges | $1,995,715 | $1,197,213 | 66.7% |
| Buildings, equipment, etc. post-depreciation | $196,029,423 | $164,685,888 | 19.0% |
| Investments, publicly traded securities | $265,427,611 | $203,345,077 | 30.5% |
| Investments, other securities | $0 | $0 | |
| Investments, program-related | $3,552,998 | $3,769,214 | -5.7% |
| Intangible assets | $0 | $0 | |
| Other assets | $5,277,509 | $3,002,820 | 75.8% |
| Total assets | $574,266,540 | $468,069,652 | 22.7% |
| Field | 2019 | 2018 | % Change |
|---|
| Accounts payable and accrued expenses | $39,462,470 | $32,931,444 | 19.8% |
| Grants payable | $0 | $0 | |
| Deferred revenue | $1,304,701 | $1,360,352 | -4.1% |
| Tax-exempt bond liabilities | $129,535,000 | $87,090,000 | 48.7% |
| Escrow or custodial account liability | $0 | $0 | |
| Loans payable to officers and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $4,620,051 | $2,129,637 | 116.9% |
| Unsecured notes and loans payable to unrelated third parties | $0 | $0 | |
| Other liabilities | $5,853,607 | $7,251,255 | -19.3% |
| Total liabilities | $180,775,829 | $130,762,688 | 38.2% |
| Field | 2019 | 2018 | % Change |
|---|
| Unrestricted net assets | $0 | $337,289,368 | -100% |
| Temporarily restricted net assets | $0 | $0 | |
| Permanently restricted net assets | $0 | $17,596 | -100% |
Vendors for YRMC
| Vendor | Services | Amount paid | Date |
|---|
| BKD LLP | Tax accounting; Audit accounting | | 2020-11-10 |
| ██████ ███████████ | Software Service | $16,465,476 | 2019-12-01 |
| █████ ███ █████ ███ | Healthcare Logistics | $7,264,120 | 2019-12-01 |
| ████████ ████████ ███ | Medical Service | $9,897,481 | 2019-12-01 |
| ████████ ████████████ | Medical | $15,747,984 | 2019-12-01 |
| █████ ██████ ███████ ███ | Medical Devices | $5,569,073 | 2019-12-01 |
| ████ ██████████ █████████ ███ ███████ ███████ | Insurance | | 2016-12-31 |
| ████ ██████████ █████████ ███ ███████ ███ | Investment management; Investment advisory (participants) | $25,693 | 2016-12-31 |
| ...and seven more vendors |
Personnel at YRMC
| Name | Title | Compensation | Most recent data |
|---|
| John R Amos | Chief Executive Officer | $952,904 | Dec. 31, 2019 |
| Larry P Burns | Chief Operating Officer | $916,492 | Dec. 31, 2018 |
| ███ █████ | Chief Financial Officer | $532,369 | Nov. 10, 2020 |
| ███████ ██████ | Chief Marketing Officer | $512,856 | Dec. 31, 2019 |
| ███████ ███████ | Chief Information Officer | $288,190 | Dec. 31, 2019 |
| █████ ██████████ | Chief Admin Officer / Chief Administration Officer | $290,303 | Dec. 31, 2019 |
| ████ ████ | Chief Human Resource Officer / Director of Human Resources | $307,742 | Dec. 31, 2019 |
| █████ ███████ | Chief Nursing Officer | $369,131 | Dec. 31, 2019 |
| ███████ █████ ███████ | Director of Philanthropy | $314,882 | Dec. 31, 2019 |
| ████ ██████ | Vice Chair | $0 | Dec. 31, 2019 |
| ...and eight more key personnel |
Peer general hospitals
| | Name | Type | Revenue | Location |
|---|
| 1 | Tucson Medical Center (TMC) | 501(c)(3) | $569 million | Tucson, AZ |
| 2 | Forest Hills Hospital | 501(c)(3) | $265 million | Westbury, NY |
| 3 | AdventHealth Waterman | 501(c)(3) | $268 million | Tavares, FL |
| 4 | United Hospital Center | 501(c)(3) | $407 million | Bridgeport, WV |
| 5 | Great River Medical Center | 501(c)(3) | $182 million | West Burlington, IA |
| 6 | Freeport Memorial Hospital (FHN) | 501(c)(3) | $155 million | Freeport, IL |
| 7 | St Joseph's / Candler (SJ/C) | 501(c)(3) | $307 million | Savannah, GA |
| 8 | Rex Hospital | 501(c)(3) | $1.1 billion | Raleigh, NC |
| 9 | Altru Health System | 501(c)(3) | $585 million | Grand Forks, ND |
| 10 | West Penn Allegheny Health System (AHN) | 501(c)(3) | $1.3 billion | Pittsburgh, PA |
| 11 | Excela Health | 501(c)(3) | $516 million | Greensburg, PA |
| 12 | Sid Peterson Memorial Hospital | 501(c)(3) | $157 million | Kerrville, TX |
| 13 | Memorial Healthcare | 501(c)(3) | $186 million | Owosso, MI |
| 14 | Jane Phillips Memorial Medical Center | 501(c)(3) | $119 million | Bartlesville, OK |
| 15 | MedStar Southern Maryland Hospital Center | 501(c)(3) | $237 million | Clinton, MD |
| 16 | Metro Health | 501(c)(3) | $445 million | Wyoming, MI |
| 17 | CHI Health Immanuel | 501(c)(3) | $253 million | Omaha, NE |
| 18 | Charleston Area Medical Center (CAMC) | 501(c)(3) | $1.1 billion | Charleston, WV |
| 19 | Mercy Hospital Anderson | 501(c)(3) | $204 million | Cincinnati, OH |
| 20 | Ascension Providence | 501(c)(3) | $277 million | Waco, TX |
| 21 | Saint Joseph's Hospital Atlanta | 501(c)(3) | $319 million | Atlanta, GA |
| 22 | Riddle Memorial Hospital | 501(c)(3) | $202 million | Newtown Square, PA |
| 23 | South Lake Hospital | 501(c)(3) | $289 million | Clermont, FL |
| 24 | Inova Alexandria Hospital (IAH) | 501(c)(3) | $340 million | Falls Church, VA |
| 25 | Garden City Hospital (GCH) | 501(c)(3) | $150 million | Garden City, MI |