Finances - Fiscal Year Ending 2006

Community is proud to be locally owned and not-for-profit. Money we earn above our operating costs is reinvested locally.

Our good work helps the local economy in many ways. For example, our annual budget is about $750 million, including a payroll of more than $330 million. We pay Fresno and Clovis vendors about $115 million annually for supplies and services.

Longstanding challenges confront Community and other nonprofits. For example, health care reimbursements, particularly from federal programs, continue to be problematic. And the Valley’s demographics and geography create significant obstacles in treatment of medical conditions, delivery of services and preventive medicine. Last year, for example, Community wrote off more than $122 million, or 15% of our operating budget, as uncompensated costs of care.

A Few Key Numbers

$122 million: Net uncompensated community benefits

$9 million: Positive bottom line for FY 2006-07

$42.2 million: Disproportionate Share Hospital (DSH) supplemental funding received

$2.4 million: Rent paid to Fresno County for use of the former UMC campus