Public Charity

TRICORE INC

TRICORE INC is a nonprofit organization categorized as Public Charity based in ALBUQUERQUE, NM. Its most recent IRS filing (2024) reports revenue of $68.2M, expenses of $68.5M, total assets of $24.5M.

EIN: 843909066 ALBUQUERQUE, NM Health Support NTEE: E60 Latest filing: 2024
Total Revenue$68.2M
Total Expenses$68.5M
Total Assets$24.5M
Grant Records0
Filing Years2022–2024

Mission

TRICORE, INC. IS OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, INCLUDING (A) THE OWNERSHIP, ESTABLISHMENT, MAINTENANCE, AND OPERATION OF MEDICAL REFERENCE AND CLINICAL LABORATORIES IN NEW MEXICO; (B) THE FURNISHING AND PROVIDING OF CLINICAL LABORATORY SERVICES OF ALL KINDS TO PUBLIC HEALTH AUTHORITIES, HOSPITALS, MANAGED CARE ORGANIZATIONS, LICENSED PHYSICIANS AND SURGEONS, RESEARCH ORGANIZATIONS, AND OTHER ORGANIZATIONS AND PERSONS REQUIRING SUCH SERVICES; (C) TO PROVIDE A WIDE ARRAY OF TRAINING TO STUDENTS LOCATED THROUGHOUT NEW MEXICO FROM HIGH SCHOOL LEVEL TO POST-DOCTORATE LEVEL IN AN EFFORT TO RETAIN LAB SERVICE EMPLOYEES IN NM; (D) THE ACCUMULATION OF INFORMATION, THE CONDUCT OF SCIENTIFIC INVESTIGATIONS AND RESEARCH, AND THE DEVELOPMENT AND IMPROVEMENT OF METHODS FOR THE PREVENTION, ALLEVIATION AND CURE OF INJURY AND DISEASE; AND (E) ENGAGEMENT IN SUCH RELATED ACTIVITIES AND PROVISION OF RELATED SERVICES AS MAY BE NECESSARY TO ACCOMPLISH THE FOREGOING PURPOSES.

Where $100 goes at Tricore Inc

How Tricore Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$86 Programs the work itself
$14 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $86 for programs

$86
Public health
100% of program spending
<$1
Education
0% of program spending · Reported in the filing: 30 hours; 100 hours; 22 students
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Alexei Bakhirev Md
CHIEF MEDICAL OFFICER Angela Sanchez Md
BOARD MEMBER Bonnie White
BOARD CHAIR Brad Cook
BOARD MEMBER (THRU 7/2/24) Chris Spencer
CHIEF PEOPLE OFFICER Christopher Michalski

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $68.2M $68.5M $24.5M
2023 $65.7M $67.3M $27.2M
2022 $47.1M $32.7M $31.7M

Between 2022 and 2024, reported annual revenue grew from $47.1M to $68.2M (+45%), with total assets most recently reported at $24.5M.

Interactive year-over-year charts and full filing details available with membership.

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