Overview
What is Cobre Valley Regional Medical Center?
Cobre Valley Regional Medical Center (CVRMC) is a non-profit healthcare provider located in Globe, Arizona, with 578 employees. In the past year, they served over 162,000 patient visits, including hospital outpatient, outpatient emergency, clinic outpatient, and hospital inpatient services. Committed to the communities they serve, CVRMC's administration, directors, and staff actively participate in various local associations and initiatives, ranging from Chambers of Commerce to Cancer Awareness Committees. The organization also addresses health priorities by implementing projects such as expanding immediate care services, creating a walking path, and increasing access to preventive and aging in place services. Through their mission to provide quality, efficient, and compassionate care, they strive to meet the evolving needs of their population base. Despite the challenges brought by the pandemic, CVRMC's dedication and compassionate workforce, along with a steadfast board of directors and management team, have enabled them to maintain their commitment to their communities.
Official website here: www.cvrmc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Cobre Valley Regional Medical Center received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization scored particularly well in areas such as board independence, financial oversight, and the absence of material asset diversions, indicating strong governance and accountability practices.
One of the organization's strengths is its commitment to transparency, as evidenced by its adherence to various policies including conflict of interest, whistleblower protections, and document retention. Additionally, the majority of its board members are independent, which enhances its governance structure and decision-making processes.
However, the program expense ratio of 59.53% suggests that a smaller portion of funds is allocated directly to programs compared to what could be ideal. This may raise concerns among donors who prioritize direct programmatic support. Overall, while Cobre Valley Regional Medical Center demonstrates robust financial practices, there is room for improvement in maximizing programmatic expenditures.
This AI summary has been generated from information found on Charity Navigator.
Is Cobre Valley Regional Medical Center legitimate?
Cobre Valley Regional Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cobre 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: $43,795
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,228,224
For more financial information, click here
Official website here: www.cvrmc.org
What is the mission statement of Cobre Valley Regional Medical Center?
Cobre Valley Regional Medical Center (CVRMC) is dedicated to establishing and maintaining a local healthcare system that caters to the region with quality, efficiency, and compassion. In the past year, the medical center served 162,605 patient visits, encompassing various outpatient and inpatient services. CVRMC is deeply rooted in the communities it serves, with numerous administrators and staff participating in community associations. The organization's efforts extend beyond healthcare, as it invests in initiatives like walk-in clinics and walking paths to enhance community well-being. CVRMC continues to address health priorities by collaborating with other healthcare organizations and staying involved with state and federal legislation. Through its Population Health Module and specialized services, the medical center aims to increase access to preventive services and aging-in-place care. CVRMC's unwavering commitment to its communities is evident in its dedication to adapting to the changing needs of its population base.
Official website here: www.cvrmc.org
Who is the CEO of Cobre Valley Regional Medical Center?
Neal Jensen is the Principal Officer of Cobre Valley Regional Medical Center.
Official website here: www.cvrmc.org
What is the revenue of Cobre Valley Regional Medical Center?
Cobre Valley Regional Medical Center's revenue in 2022 was $94,951,858.
Official website here: www.cvrmc.org
Who are the executives of Cobre Valley Regional Medical Center and what are their salaries?
The average compensation at Cobre Valley Regional Medical Center during 2022 was $52,374. There are 578 employees and 19 volunteers at Cobre Valley Regional Medical Center.
Here are 16 key members and their salaries:
- Compensation: $553,551
- Related: $0
- Other: $47,287
- Compensation: $494,511
- Related: $0
- Other: $41,557
- Compensation: $493,574
- Related: $0
- Other: $34,720
- Compensation: $452,322
- Related: $0
- Other: $46,822
- Compensation: $436,391
- Related: $0
- Other: $24,373
- Compensation: $35,350
- Related: $0
- Other: $0
- Compensation: $8,445
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cvrmc.org
Where can I find the form 990 for Cobre Valley Regional Medical Center?
Cobre Valley Regional Medical Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cvrmc.org
Learn more at the official website: www.cvrmc.org
Mission Statement of Cobre Valley Regional Medical Center
Cobre Valley Regional Medical Center (CVRMC) is dedicated to developing and maintaining a local healthcare delivery system that caters to the region with quality, efficiency, and compassion. The mission of this non-profit hospital is geared towards serving the community with unwavering commitment and dedication.
In the past year, CVRMC attended to 162,605 patient visits, comprising of hospital outpatient, outpatient emergency visits, clinic outpatient, and hospital inpatient services. The organization's reach extends beyond healthcare services as its members actively participate in various community associations, including Chambers of Commerce, Rotary, Work Force Development, Economic Development, Cancer Awareness Committees, Diabetes Education, Grief Support Teams, Scholarship Committees, Aquatic Center, Housing Committees, Community Development, and Youth Athletic Programs.
CVRMC's commitment to the community is evident as it provides charitable care, educational services, and programs for the greater good. Their Community Health Need Assessment (CHNA) and Community Health Implementation Plan (CHIP) reflect their proactive efforts to address health priorities and collaborate with other healthcare organizations, as well as their involvement in state and federal legislation initiatives.
Some of the CHNA implementation progress includes building a fully executed walk-in service by the end of 2024, increasing access to preventive services, and enhancing aging in place services for the elderly population. CVRMC's continuous evolution is a testament to their commitment to meeting the changing needs of the population base, even in the face of challenges such as the pandemic.
As CVRMC celebrates over 100 years of service to the community, their focus remains on providing high-quality, efficient, and compassionate care. Their strategic plan encompasses areas such as the patient experience, people growth, community engagement, and financial stewardship. CVRMC's mission is to be accountable and compassionate, respecting and collaborating with all who surround them, and recognizing the needs of their population and responding to their health priorities.
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Impact
October, 2024
Cobre Valley Regional Medical Center (CVRMC) plays a pivotal role in enhancing healthcare access and quality for the communities it serves in the Globe, Arizona region. In 2022 alone, the facility facilitated over 162,000 patient visits, demonstrating its extensive reach and commitment to providing necessary medical services. This includes a substantial number of outpatient visits, emergency care, and inpatient treatments, indicating a well-rounded and responsive healthcare environment.
The center is actively engaged with various community organizations, ensuring a comprehensive approach to healthcare that extends beyond clinical services. Administrators and staff participate in local associations addressing diverse issues such as economic development, diabetes education, and youth programs. Such involvement illustrates CVRMC's dedication to serving as a community pillar, fostering relationships that enhance public health and well-being.
CVRMC prioritizes strategic initiatives based on the Community Health Needs Assessment (CHNA) to address prevalent health issues. Key projects include developing immediate care services, increasing access to preventive healthcare, and enhancing services for the aging population. The ongoing collaboration with other healthcare entities and local organizations reinforces CVRMC’s commitment to meeting the evolving needs of its community.
Throughout the challenges presented by the COVID-19 pandemic, CVRMC has assumed a leadership role in community health initiatives, ensuring a robust response while maintaining patient care services. The commitment to adapting services to meet health priorities underscores the facility's mission of delivering effective, compassionate, and efficient healthcare.
In essence, CVRMC embodies a holistic approach to healthcare delivery, focusing not only on individual patient care but also on community health improvement, making it an essential institution for the population it serves.
This information is meant to be a general summary of Cobre 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: $401,226
- Program Service Revenue: $90,768,825
- Gross Receipts: $94,951,858
Assets and Liabilities:
- Total Assets: $136,541,711
- Total Liabilities: $62,280,488
- Net Assets: $74,261,223
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Net Patient Svc Revenue
Revenue
$90,768,825
Organization Details
Founding Year
1988
Phone
(928) 425-3261Principal Officer
Neal Jensen
Main Address
5880 S Hospital Drive, Globe, AZ, 85501
Website
www.cvrmc.orgNTEE Category
Code: E220 - Health
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