NonprofitsCobre Valley Regional Medical Center

Health Care

Cobre Valley Regional Medical Center

GLOBE, AZ

Total revenue

$115.4M

Total expenses

$99.4M

Net assets

$110.8M

Grants received

$87K

3 grants

EIN

860732836

Tax year

2024

Mission

The mission of our Hospital is to develop and maintain a local health care delivery system that serves the region with quality, efficiency, and compassion.

Financials

FY 2024

Revenue

Contributions & grants$1.2M
Program service revenue$109.6M
Investment income$3.7M
Other revenue$912K
Total revenue$115.4M

Expenses

Grants paid$31K
Salaries & benefits$41.5M
Fundraising
Other expenses$57.9M
Total expenses$99.4M
Total assets$176.1M
Net assets$110.8M

People

14 listed

NameRoleCompensation

Fernando Shipley

Secretary

Board

1 hrs/wk

Robert Hollis

Trustee

Board

1 hrs/wk

Ed Carpenter

Trustee

Board

1 hrs/wk

James B Rasmussen

Trustee

Board

1 hrs/wk

Paula Horn

Trustee

Board

1 hrs/wk

Dr Alan Osumi

Trustee

Board

1 hrs/wk

Jendean Sartain

Chair

Board

1 hrs/wk

Judy Bessee

Vice Chair

Board

1 hrs/wk

Jack Bradford

Treasurer

Board

1 hrs/wk

Patrick Law

Physician

Staff

$539K

40 hrs/wk

Scott Croft

Physician

Staff

$531K

40 hrs/wk

Karen Gremminger

Physician

Staff

$463K

40 hrs/wk

Peter Seipel

Physician

Staff

$450K

40 hrs/wk

Scott Revell

Physician

Staff

$435K

40 hrs/wk

Independent contractors

Valley Anesthesiology Consultants

Anesthesia Services

$2.4M

Rural Physicians Management Co LLC

Hospitalist Services

$1.9M

Affilion of Cobre Valley

Emergency Physicians Svcs

$1.6M

Cardiovascular Associates of Arizon

Cardiology Services

$725K

Medical Solutions

Contract Lbr Nursing

$701K

Grants received

Showing 3 of 3

FromAmountPurposeYear
$40K
HEALTHCARE ADMINISTRATIVE FEES
2023
$10K
HOSPITAL STIPEND
2022
$37K
TO PROVIDE PPE FOR HEALTHCARE WORKERS DURING THE COVID-19 PANDEMIC
2020

Funded by

$87K from 1 funder · 3 grants · 2020–2023

Arizona Hospital & Healthcare

$87K · 3 grants · 2020–2023

Details

EIN860732836
NTEE codeE220
Subsection03
Ruling date1993-02
Formed1988
Employees569
Volunteers30
COBRE VALLEY REGIONAL MEDICAL CENTER — Mission, Financials & Grants Received | Grantivo