Foundation of Yuma Regional Medical Center

EIN: 510179146 501(c)(3) Health Care

Yuma, AZ

Total Revenue
$1,843,066
Total Expenses
$1,136,441
Total Assets
$23,993,468
Net Assets
$23,986,706
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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
AZ
Phone
9283367045
Tax Period
2023-10-01 to 2024-09-30

Foundation of Yuma Regional Medical Center, founded in 1976, is a community nonprofit in the Health Care sector that reported $1.8M in total revenue in fiscal year 2023. The organization ran a surplus of $707K, a strong 38% operating margin.

Mission

THE MISSION OF THE FOUNDATION OF YUMA REGIONAL MEDICAL CENTER IS TO SUPPORT A HEALTHY COMMUNITY THROUGH PHILANTHROPY.

Program Service Accomplishments

Program 1
Expenses: $237,465

The Foundation supports Onvida Health Yuma Medical Center's patient care and programs through a variety of initiatives. Cancer remains one of the most pressing health challenges of our time...

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The Foundation supports Onvida Health Yuma Medical Center's patient care and programs through a variety of initiatives. Cancer remains one of the most pressing health challenges of our time, affecting millions of lives worldwide. Our Cancer Fund is dedicated to supporting groundbreaking research, innovative treatments, and comprehensive care initiatives aimed at combating this devastating disease. From funding cutting-edge research projects to providing essential resources for cancer patients and their families, this fund plays a vital role in advancing the fight against cancer and improving outcomes for individuals affected by this illness. In FY24 we distributed over $148,000 in support of cancer research, education, and patient financial assistance.

Program 2
Expenses: $180,750

The Medical Education & Scholarships Fund is dedicated to nurturing the next generation of healthcare professionals. By providing financial assistance to promising students and staff, we hope to...

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The Medical Education & Scholarships Fund is dedicated to nurturing the next generation of healthcare professionals. By providing financial assistance to promising students and staff, we hope to cultivate a robust healthcare career pipeline. In addition, we aim to assist students in overcoming financial barriers and improve their access quality education. This year the Foundation distributed 33 scholarships.

Program 3
Expenses: $177,600

Our Pediatric Oncology Support Fund is designed to provide financial assistance to families in Yuma County facing a childhood cancer diagnosis. By alleviating some of the financial burdens faced by...

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Our Pediatric Oncology Support Fund is designed to provide financial assistance to families in Yuma County facing a childhood cancer diagnosis. By alleviating some of the financial burdens faced by the families, we can help them focus on what matters most - their child's wellbeing and healing. In FY24 we supported 5 local families.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,213,319
Program Service Revenue $0
Investment Income $955,117
Other Revenue $-325,370
TOTAL REVENUE $1,843,066

Expense Breakdown

Grants Paid $590,629
Salaries & Benefits $180,588
Fundraising Expenses $78,765
Program Expenses $660,094
Other Expenses $365,224
TOTAL EXPENSES $1,136,441

Year-over-Year Comparison

2023 2022 Change
Revenue $1,843,066 $1,721,113 +0.1%
Expenses $1,136,441 $1,180,051 0.0%
Net Income $706,625 $541,062 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
8
Employees
4
Volunteers
60

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$720,497
Total Directors
15
$5,301,422
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Machele Headington Executive Director 4.0
Officer Director
$0 $249,148 $635,588
Margie Dallabetta Trustee, Chair 2.0
Officer Director
$0 $0 $0
Shelley Mellon Trustee, Vice-Chair 2.0
Officer Director
$0 $0 $0
Wendy McKay Trustee, Secretary-Treasurer 2.0
Officer Director
$0 $0 $0
Brandy Wright Trustee 2.0
Director
$0 $0 $0
Dorie Rush Trustee, Admin Director-Women's & Children's Services 2.0
Director
$0 $33,629 $248,506
James Adamson SVP/General Counsel, PT YR Trustee End 03/2024 2.0
Director
$0 $130,799 $679,048
Jeff Tuttle Trustee 2.0
Director
$0 $0 $0
Linda Elliott-Nelson Trustee 2.0
Director
$0 $0 $0
Pat Martin Trustee 2.0
Director
$0 $0 $0
Robert J Trenschel DO MPH PRESIDENT/CEO YRMC/TRUSTEE 2.0
Director
$0 $358,680 $1,864,378
Robert Takesuye DO Trustee, Physician/YRMC 2.0
Director
$0 $14,578 $1,105,424
Russ Jones Trustee 2.0
Director
$0 $0 $0
Tom Hurt Trustee 2.0
Director
$0 $0 $0
Vernon Moore SVP/CFO YMRC/TRUSTEE 2.0
Director
$0 $144,799 $768,478
Mia Sanchez Interim Director 40.0
Officer
$83,244 $1,665 $84,909
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,843,066 $1,136,441 $23,993,468 $706,625
2023 $1,721,113 $1,180,051 $20,392,284 $541,062
2022 $4,337,628 $739,802 $18,905,456 $3,597,826
2021 $2,719,927 $765,985 $19,365,277 $1,953,942
2020 $2,347,141 $1,207,345 $16,244,654 $1,139,796
2019 $1,767,040 $1,098,338 $14,796,178 $668,702
2018 $2,769,629 $1,622,783 $14,150,320 $1,146,846
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