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Yavapai Regional Medical Center Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 861038463 ✦ Prescott, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Yavapai Regional Medical Center Foundation?

The Yavapai Regional Medical Center Foundation is a nonprofit organization established to support and guide the fundraising and development initiatives of Yavapai Community Hospital Association doing business as Regional Medical Center (YRMC). Based in Prescott, Arizona, the foundation serves as a structured avenue for philanthropic contributions, aiming to advance healthcare by funding various projects at the hospital. Led by a board of directors, the foundation's mission is to provide a platform for donors to express their philanthropy, ensuring YRMC's ability to meet ongoing healthcare needs in the community. In fiscal year 2022, the foundation provided grants to YRMC, supporting initiatives such as day-to-day operations and future growth.


Official website here: www.yrmc.org

Is Yavapai Regional Medical Center Foundation legitimate?

Yavapai Regional Medical Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yavapai Regional Medical Center Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.yrmc.org

What is the mission statement of Yavapai Regional Medical Center Foundation?

The Yavapai Regional Medical Center Foundation's mission is to serve as a platform for philanthropy, enabling donors to contribute to the community. The foundation's primary objective is to raise funds through donor involvement, thereby ensuring the continuation of Yavapai Regional Medical Center's (YRMC) ability to meet ongoing healthcare needs. The foundation is led by a board of directors and its goals include supporting YRMC and its mission, facilitating fundraising and development efforts, and aiding in the hospital's current operations and future growth. In fiscal year 2022, grants provided by the foundation were utilized to support various initiatives at the hospital, including assisting in the daily operations of the hospital in providing healthcare services to the community.


Official website here: www.yrmc.org

What is the revenue of Yavapai Regional Medical Center Foundation?

Yavapai Regional Medical Center Foundation's revenue in 2024 was $2,940,286.


Official website here: www.yrmc.org

Who are the executives of Yavapai Regional Medical Center Foundation and what are their salaries?

There 10 volunteers at Yavapai Regional Medical Center Foundation.

Here are 14 key members and their salaries:


Anthony V Torres Md (Ex-Officio Board Member)
  • Compensation: $0
  • Related: $1,007,144
  • Other: $95,450
Matthew Rice (Cfo)
  • Compensation: $0
  • Related: $306,094
  • Other: $45,878
John D Goodenow (Board Member/Chief Philanthropy Officer)
  • Compensation: $0
  • Related: $189,807
  • Other: $44,477
Pierre Tibi Md (Ex-Officio Board Member/Vice Chair)
  • Compensation: $0
  • Related: $51,250
  • Other: $0
Paul Braithwaite Do (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Burge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leigh Ann Frankel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucy Leyva (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Mallory (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mizell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kari Reily (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Schleeter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Keighron (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Sonsin (Secretary And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.yrmc.org

Where can I find the form 990 for Yavapai Regional Medical Center Foundation?

Yavapai Regional Medical Center Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.yrmc.org

Learn more at the official website: www.yrmc.org

Mission Statement of Yavapai Regional Medical Center Foundation

The Yavapai Regional Medical Center Foundation was established with a mission to support and guide the fund-raising and development programs of Yavapai Community Hospital Association dba Regional Medical Center (YRMC). In simpler terms, the foundation serves as a platform for philanthropy, allowing donors to contribute to the community's healthcare needs. The foundation's primary objective is to develop funds through donor involvement, ensuring YRMC's ability to meet ongoing healthcare demands.

The Yavapai Regional Medical Center Foundation is led by a board of directors and is instrumental in achieving goals that include supporting YRMC and its mission, facilities, and programs; planning and implementing fund-raising and development efforts; and supporting YRMC's current operations and future growth. The foundation plays a crucial role in providing a structured venue for giving, assisting in funding advances in healthcare. In the fiscal year 2022, grants provided by the foundation to YRMC were utilized to fund various initiatives at the hospital, including assistance in the day-to-day operations of the hospital in providing healthcare services to the community.

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Impact




October, 2024

Yavapai Regional Medical Center Foundation plays a critical role in enhancing healthcare services in the Prescott community and surrounding areas. By guiding and supporting all of Yavapai Regional Medical Center's fundraising and development efforts, the Foundation ensures the growth and sustainability of essential healthcare programs.

In fiscal year 2022, the Foundation's grants significantly impacted hospital operations, assisting in a variety of initiatives that directly benefited community health services. These funds have been instrumental in supporting day-to-day operations, enriching the quality of care provided to patients, and addressing ongoing healthcare needs within the community.

The Foundation offers a structured venue for donors to engage in philanthropy, allowing them to contribute meaningfully to healthcare advancements. Through inspired donor involvement, the Foundation not only addresses immediate healthcare demands but also fosters the long-term growth and stability of YRMC’s facilities and programs. This collaborative approach of combining community support with healthcare development highlights the Foundation’s significant impact on health services in Prescott and beyond.




This information is meant to be a general summary of Yavapai Regional Medical Center Foundation. 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.

Revenue
$2,940,286 (2024)
Expenses
$2,562,827 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $56,658
  • Gross Receipts: $2,955,020

Assets and Liabilities:

  • Total Assets: $4,285,259
  • Total Liabilities: $206,895
  • Net Assets: $4,078,364

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Organization Details

Founding Year

2001

Principal Officer

Matthew Rice

NTEE Category

Code: E112 - Health

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