GERALD CHAMPION REGIONAL MEDICAL CENTER FOUNDATION INC

EIN: 850352051 501(c)(3) Health Care

ALAMOGORDO, NM

Total Revenue
$127,709
Total Expenses
$1,078,305
Total Assets
$1,063,586
Net Assets
$1,059,277
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
NM
Principal Officer
ROBERT J HECKERT
Phone
5754396100
Tax Period
2024-01-01 to 2024-12-31

GERALD CHAMPION REGIONAL MEDICAL CENTER FOUNDATION INC, founded in 1985, is a small nonprofit in the Health Care sector that reported $128K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $1.1M exceeded revenue, resulting in a 744% operating deficit.

Mission

TO MAINTAIN AND ADMINISTER FUNDS TO SUPPORT CHRISTUS SOUTHERN NEW MEXICO (FORMERLY GERALD CHAMPION REGIONAL MEDICAL CENTER OR GCRMC) TO BE USED FOR HEALTH, EDUCATION, RESEARCH AND SCIENTIFIC PURPOSES, OR INCREASING CAPITAL IMPROVEMENTS, EQUIPMENT AND OTHER FACILITIES OF SAID INSTITUTION, OR TO PROMOTE GENERALLY THE GROWTH, WELFARE AND MAINTENANCE OF CHRISTUS SOUTHERN NEW MEXICO (CSNM).

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,508
Program Service Revenue $0
Investment Income $90,224
Other Revenue $23,977
TOTAL REVENUE $127,709

Expense Breakdown

Grants Paid $1,069,693
Salaries & Benefits $0
Fundraising Expenses $2,627
Program Expenses $1,069,693
Other Expenses $8,612
TOTAL EXPENSES $1,078,305

Year-over-Year Comparison

2024 2023 Change
Revenue $127,709 $114,965 +0.1%
Expenses $1,078,305 $520,138 +1.1%
Net Income $-950,596 $-405,173 +1.3%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$1,841,939
Total Directors
7
$2,045,699
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT J HECKERT PRESIDENT 0.70
Officer Director
$0 $44,463 $1,220,609
BASHAR NASER SECRETARY/TREASURER 0.40
Officer Director
$0 $55,158 $621,330
LILLIE LEWIS DIRECTOR 0.70
Director
$0 $5,851 $173,760
BILL MAYTON CHAIRMAN 0.70
Officer Director
$0 $0 $0
JIM HECKERT DIRECTOR 0.70
Director
$0 $0 $0
KATHY FULLER DIRECTOR 0.70
Director
$0 $0 $0
NORM ARNOLD DIRECTOR 0.70
Director
$0 $0 $30,000
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 $127,709 $1,078,305 $1,063,586 $-950,596
2023 $114,965 $520,138 $1,844,067 $-405,173
2022 $1,216,600 $53,309 $2,890,965 $1,163,291
2021 $234,764 $69,080 $2,258,705 $165,684
2020 $231,362 $40,418 $1,980,668 $190,944
2019 $221,937 $34,921 $1,664,207 $187,016
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