White Mountain Regional Medical Center

EIN: 860171900 501(c)(3) Health Care

Springerville, AZ

Total Revenue
$28,778,526
Total Expenses
$25,841,781
Total Assets
$28,489,759
Net Assets
$17,413,196
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
AZ
Principal Officer
Wesley Babers
Phone
9283337146
Tax Period
2024-01-01 to 2024-12-31

White Mountain Regional Medical Center, founded in 1962, is a mid-sized nonprofit in the Health Care sector that reported $28.8M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $25.8M left a modest 10% surplus.

Mission

Empowering a healthier community.

Program Service Accomplishments

Program 1
Expenses: $20,411,719 Revenue: $27,850,731

White Mountain Regional Medical Center (Hospital) is a 21-bed Critical Access Hospital located in Springerville, Arizona, and provides acute care inpatient, outpatient and emergency services to...

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White Mountain Regional Medical Center (Hospital) is a 21-bed Critical Access Hospital located in Springerville, Arizona, and provides acute care inpatient, outpatient and emergency services to residents of the surrounding communities in the Springerville area.White Mountain Regional Medical Center will provide caring services and operate on a financially sound basis to ensure its continuing ability to meet the needs of patients and the communities it serves. Continued on Schedule O.The Board of Directors and leadership of White Mountain Regional Medical Center recognize the importance of healthcare as a service essential for the well-being of people in the region and as an important part of the community's economy. In July 2018, the Centers for Medicare and Medicaid Services (CMS) accepted our agreement to allow our existing clinic, located at 114 South Mountain Avenue, Springerville, AZ 85938, to participate as a rural health clinic (RHC) in the Medicare program under Title XVIII of the Social Security Act.As a community organization the facility plays a vital role in providing services essential to the quality of life for people in Apache County, Arizona and Catron County, New Mexico.The Hospital provides care to patients who meet certain criteria under its charity care policy without charge or at amounts less than established rates. Because the Hospital does not pursue collection of amounts determined to qualify as charity care, they are not reported as revenue. The amount of charges foregone for services provided under the Hospital's charity care policy was approximately $98,000 for the year ended December 31, 2024. Total direct and indirect costs related to these foregone charges was approximately $35,000 as of December 31, 2024, based on an average ratio of cost to gross charges.

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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 $812,788
Program Service Revenue $27,850,731
Investment Income $103,525
Other Revenue $11,482
TOTAL REVENUE $28,778,526

Expense Breakdown

Grants Paid $2,750
Salaries & Benefits $13,427,454
Fundraising Expenses $0
Program Expenses $20,411,719
Other Expenses $12,411,577
TOTAL EXPENSES $25,841,781

Year-over-Year Comparison

2024 2023 Change
Revenue $28,778,526 $26,102,669 +0.1%
Expenses $25,841,781 $24,027,087 +0.1%
Net Income $2,936,745 $2,075,582 +0.4%
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
7
Independent Members
5
Employees
278
Volunteers
41

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
9
$522,241
Total Directors
11
$223,906
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Wesley Babers CEO 40.00
Officer Director
$190,428 $33,478 $223,906
James Sielski DO President 1.00
Officer Director
$0 $0 $0
Mark Baca Vice President thru Jan 1.00
Officer Director
$0 $0 $0
Tony Raykovitz - Board Member thru Jan then Vice President 1.00
Officer Director
$0 $0 $0
Steven Hopkins DO Chief of Staff 24.00
Officer Director
$0 $0 $0
Ginger Wiltbank Treasurer-as of Feb 1.00
Officer Director
$0 $0 $0
Tom St Mars RN Secretary-as of Feb 1.00
Officer Director
$0 $0 $0
Joyce Laney Board Member-Feb only 1.00
Director
$0 $0 $0
Douglas Larson Board Member-Feb to April 1.00
Director
$0 $0 $0
Richard King Board Member-March only 1.00
Director
$0 $0 $0
Judy Palmer Board Member-as of March 1.00
Director
$0 $0 $0
Ashley Jaramillo CFO 40.00
Officer
$139,457 $1,728 $141,185
Michelle Madrid CNO 40.00
Officer
$136,388 $20,762 $157,150
James Heap MD Family Medicine 40.00
Highest
$362,758 $26,309 $389,067
Christine Jackson MD Cardiologist 40.00
Highest
$147,494 $9,533 $157,027
Steve Hamblin Physical Therapy 40.00
Highest
$156,974 $30,727 $187,701
Lisa Bigelow FNP Family Practice Nurse Practitioner 40.00
Highest
$151,985 $29,986 $181,971
Ramsey Finch FNP Family Practice Nurse Practitioner 40.00
Highest
$165,779 $492 $166,271
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 $28,778,526 $25,841,781 $28,489,759 $2,936,745
2023 $26,102,669 $24,027,087 $27,788,575 $2,075,582
2022 $22,721,065 $21,838,452 $16,016,345 $882,613
2021 $25,461,879 $20,212,558 $14,150,268 $5,249,321
2020 $19,166,524 $17,616,271 $11,360,031 $1,550,253
2019 $17,286,566 $17,374,497 $7,466,691 $-87,931
2018 $18,472,593 $18,630,494 $7,432,328 $-157,901
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