Overview
What is Arkansas Valley Regional Medical Center?
Arkansas Valley Regional Medical Center is a community-owned organization based in La Junta, Colorado. They operate an acute-care hospital, offering inpatient, outpatient, and emergency care services to the local community regardless of race and insurance. During the given year, they provided 2,260 inpatient days, 37,530 outpatient visits, 10,408 emergency room visits, and 159 births. The medical center also extends support to individuals covered by governmental programs at or below cost and to those unable to pay, amounting to an unreimbursed value of 338,722 for charity care and significant contributions to Medicare, Medicaid, and other third-party payors. In summary, Arkansas Valley Regional Medical Center is dedicated to providing quality, respectful, and compassionate healthcare services to individuals and families in southeastern Colorado.
Official website here: www.avrmc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Arkansas Valley Regional Medical Center has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 100% on its accountability and finance beacon, showcasing strong governance practices and transparency in its operations. This rating reflects a well-managed entity where the majority of board members are independent, ensuring diverse oversight and decision-making.
The financial metrics are also notable, with a low liabilities to assets ratio of 13.34%, indicating a solid financial position. The center allocates a significant portion of its expenses, 83.99%, directly to its programs, demonstrating a commitment to its mission and effective use of resources. Furthermore, the presence of comprehensive policies, including conflict of interest and whistleblower protections, highlights a robust ethical framework guiding the organization.
While the data indicates strong performance, potential areas for ongoing monitoring include ensuring continued adherence to best practices and maintaining operational effectiveness. Overall, Arkansas Valley Regional Medical Center exemplifies a nonprofit committed to transparency and excellence in service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Arkansas Valley Regional Medical Center legitimate?
Arkansas Valley Regional Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas Valley Regional Medical Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,521,470
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,753,275
For more financial information, click here
Official website here: www.avrmc.org
What is the mission statement of Arkansas Valley Regional Medical Center?
The Arkansas Valley Regional Medical Center is a community-owned organization committed to delivering high-quality, respectful, and compassionate healthcare services to individuals and families in Southeastern Colorado. In partnership with the local communities, the medical center strives to promote the health and well-being of its population.
The center operates an acute-care hospital and offers inpatient, outpatient, and emergency care to the community, regardless of race or insurance coverage. During the year, the medical center provided 2,260 inpatient days, 37,530 outpatient visits, 10,408 emergency room visits, and 159 births.
The center extends its care to patients covered by governmental programs and to individuals who are unable to pay, offering a significant amount of charity care and serving various third-party payors. The unreimbursed value of providing care to these patients amounted to 338,722 for charity care, 15,261,184 for Medicare, 13,925,615 for Medicaid, and 14,412,508 for other third-party payors.
Official website here: www.avrmc.org
Who is the CEO of Arkansas Valley Regional Medical Center?
David Andrew Flemer Jr is the Principal Officer of Arkansas Valley Regional Medical Center. The CEO's salary of Arkansas Valley Regional Medical Center is $250,000 and their total compensation is $270,625.
Official website here: www.avrmc.org
What is the revenue of Arkansas Valley Regional Medical Center?
Arkansas Valley Regional Medical Center's revenue in 2022 was $44,586,795.
Official website here: www.avrmc.org
Who are the executives of Arkansas Valley Regional Medical Center and what are their salaries?
The average compensation at Arkansas Valley Regional Medical Center during 2022 was $51,109. There are 338 employees and 69 volunteers at Arkansas Valley Regional Medical Center.
Here are 18 key members and their salaries (Arkansas Valley Regional Medical Center's CEO's salary is $250,000 and their total compensation is $270,625):
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- Compensation: $485,000
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- Other: $38,551
- Compensation: $675,000
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- Other: $30,225
- Compensation: $250,000
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- Other: $20,625
- Compensation: $48,960
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- Compensation: $128,720
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- Other: $34,792
- Compensation: $288,637
- Related: $0
- Other: $27,749
- Compensation: $252,430
- Related: $0
- Other: $22,084
- Compensation: $477,800
- Related: $0
- Other: $59,783
- Compensation: $370,730
- Related: $0
- Other: $32,984
- Compensation: $173,202
- Related: $0
- Other: $40,202
Official website here: www.avrmc.org
Where can I find the form 990 for Arkansas Valley Regional Medical Center?
Arkansas Valley Regional Medical Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.avrmc.org
Learn more at the official website: www.avrmc.org
Mission Statement of Arkansas Valley Regional Medical Center
Arkansas Valley Regional Medical Center, a community-owned organization, is dedicated to delivering high-quality, respectful, and compassionate healthcare services to individuals and families in Southeastern Colorado. The medical center's mission goes beyond just providing medical care; it aims to build partnerships with the communities it serves to promote overall health and well-being.
The medical center's operations span across an acute-care hospital, inpatient, outpatient, and emergency care services. It caters to a diverse population, serving individuals regardless of race and insurance coverage. During the past year, the medical center recorded impressive numbers, with 2,260 inpatient days, 37,530 outpatient visits, and 10,408 emergency room visits. Furthermore, the center extends its services to those covered by governmental programs at or below cost and to individuals unable to pay. The unreimbursed value of providing care to these patients reached a significant figure at 338,722 for charity care, 15,261,184 for Medicare, 13,925,615 for Medicaid, and 14,412,508 for other third-party payors.
In summary, Arkansas Valley Regional Medical Center, a community-focused healthcare provider, strives to offer top-notch medical services while fostering community partnerships to ensure the well-being of individuals and families in Southeastern Colorado. It is committed to providing healthcare services to all, regardless of their financial situation.
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Impact
October, 2024
Arkansas Valley Regional Medical Center plays a vital role in enhancing the health and well-being of individuals and families in Southeast Colorado. As a community-owned organization, it offers high-quality, respectful, and compassionate healthcare services to all residents, regardless of race or insurance status.
The center operates an acute-care hospital that delivers a comprehensive range of services, including inpatient, outpatient, and emergency care. Over the past year, Arkansas Valley Regional Medical Center recorded significant activity, with 2,260 inpatient days, 37,530 outpatient visits, and 10,408 emergency room visits, in addition to facilitating 159 births.
By providing care to individuals covered by governmental programs at or below cost, the medical center continues to demonstrate its commitment to community health. The financial impact of this care is substantial, with an unreimbursed value that includes $338,722 for charity care, $15,261,184 for Medicare, $13,925,615 for Medicaid, and $14,412,508 for other third-party payors.
Arkansas Valley Regional Medical Center’s mission emphasizes collaboration with the communities it serves, ensuring that it remains a critical resource for promoting health and well-being in the region.
This information is meant to be a general summary of Arkansas Valley Regional Medical Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$25,261
- Program Service Revenue: $37,092,644
- Gross Receipts: $44,743,067
Assets and Liabilities:
- Total Assets: $30,929,100
- Total Liabilities: $4,142,278
- Net Assets: $26,786,822
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$37,092,644
Organization Details
Founding Year
1997
Phone
(719) 383-6026Principal Officer
David Andrew Flemer Jr
Main Address
1100 CARSON AVENUE, LA JUNTA, CO, 81050
Website
www.avrmc.orgNTEE Category
Code: E220 - Health
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