Public Charity

Cobre Valley Regional Medical Center

Cobre Valley Regional Medical Center is a nonprofit organization categorized as Public Charity based in Globe, AZ. Its most recent IRS filing (2024) reports revenue of $115.4M, expenses of $99.4M, total assets of $176.1M. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $50K.

EIN: 860732836 Globe, AZ General Hospitals NTEE: E22 Latest filing: 2024
Total Revenue$115.4M
Total Expenses$99.4M
Total Assets$176.1M
Grant Records3
Funding Total$50K
Filing Years2019–2024

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.

Where $100 goes at Cobre Valley Regional Medical Center

How Cobre Valley Regional Medical Center divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$67 Programs the work itself
$33 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 $67 for programs

$67
For the year ended 12/31/2024, Cobre Valley Regional Medical Center (cvrmc) carried out 157,476 patient visits, comprised as: 72,594 hospital outpatient, 15,439 outpatient emergency visits, 67,503 clinic outpatient…
All program spending · Reported in the filing: 157,476 visits; 15,439 visits
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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

Trustee Dr Alan Osumi
Trustee Ed Carpenter
Secretary Fernando Shipley
Treasurer Jack Bradford
Trustee James B Rasmussen
Chair Jendean Sartain

Officer compensation and complete director data available with membership.

Top Grant Purposes

Health & Medicine
$40,125 1 grant
Education
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $115.4M $99.4M $176.1M
2023 $103.8M $89.8M $157.6M
2022 $95.0M $83.0M $136.5M
2020 $70.1M $65.7M $106.8M
2019 $63.9M $59.6M $89.1M

Between 2019 and 2024, reported annual revenue grew from $63.9M to $115.4M (+81%), with total assets most recently reported at $176.1M.

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

See the full picture for Cobre Valley Regional Medical Center

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