Nonprofit · EIN 84-3909066
TRICORE INC
Tax-exempt · ALBUQUERQUE, NM 87102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $68,248,933 | $68,548,600 | -$299,667 | $24,503,452 | $11,907,142 | $12,596,310 |
| December 31, 2023 | 990 | $65,745,760 | $67,294,846 | -$1,549,086 | $27,246,343 | $14,350,366 | $12,895,977 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $68,264,248
- Investment income
- -$26,982
- Net gain from sales of assets
- -$26,982
- Other revenue
- $11,667
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $748,725
- Other salaries and wages
- $21,087,925
- Salaries, compensation and benefits (total)
- $29,398,215
- Professional fundraising fees
- $0
- Legal fees
- $35,210
- Accounting fees
- $428,427
- Occupancy
- $988,286
- Travel
- $73,651
- Depreciation
- $3,264,528
- Program services (functional)
- $59,569,291
- Management and general (functional)
- $8,979,309
Balance sheet and other
- Total assets, start of year
- $27,246,343
- Total assets, end of year
- $24,503,452
- Total liabilities, end of year
- $11,907,142
- Net assets, end of year
- $12,596,310
- Land, buildings and equipment
- $4,701,391
- Net assets without donor restrictions
- $12,596,310
- Gross receipts
- $68,275,915
- Employees
- 0
- Volunteers
- 8
- Year formed
- 2020
- State of legal domicile
- NM
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBIN DIVINE | CHIEF EXECUTIVE OFFICER Officer | 14 | $0 | $466,042 | $43,588 |
| DAVID GRENACHE | CHIEF SCIENTIFIC OFFICER Officer | 14 | $0 | $308,536 | $31,074 |
| ELLA WATT | CHIEF FINANCIAL OFFICER Officer | 14 | $0 | $302,813 | $17,328 |
| ERIC CARBONNEAU | CHIEF OPERATING OFFICER Officer | 14 | $0 | $282,620 | $32,907 |
| CHRISTOPHER MICHALSKI | CHIEF PEOPLE OFFICER Officer | 14 | $0 | $277,124 | $14,394 |
| ANGELA SANCHEZ MD | CHIEF MEDICAL OFFICER Officer | 14 | $0 | $266,753 | $12,738 |
| NICHOLAS DAYAN | CHIEF PEOPLE OFFICER (THRU 7/26/23) Former | 0 | $0 | $253,846 | $0 |
| HENRY LATNER III | EXEC. DIR., BUSINESS DEV & EXP Highest-paid employee | 27 | $0 | $227,607 | $21,351 |
| HONGYAN XIE | SCIENTIFIC DIRECTOR CYTOGENICS Highest-paid employee | 20 | $0 | $223,006 | $21,720 |
| KIMBERLY STUEBER | EXEC. DIR., INFORMATION TECHNOLOGY Highest-paid employee | 12 | $0 | $228,101 | $8,956 |
| ELIZABETH BAILEY | CHIEF OF STAFF Highest-paid employee | 27 | $0 | $195,424 | $30,863 |
| KATHRYN FORT | OPERATIONS CONTROLLER Highest-paid employee | 12 | $0 | $218,157 | $6,943 |
| BRAD COOK | BOARD CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| LAUREN MADIGAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JASON MITCHELL MD | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEXEI BAKHIREV MD | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL RICHARDS MD | BOARD MEMBER Trustee or director | 1 | $0 |
| JILL KLAR | BOARD MEMBER Trustee or director | 1 | $0 |
| BONNIE WHITE | BOARD MEMBER Trustee or director | 1 | $0 |
| NANCY JOSTE MD | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS SPENCER | BOARD MEMBER (THRU 7/2/24) Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBIN DIVINE | CHIEF EXECUTIVE OFFICER Officer | 14 | $0 | $497,939 | $35,385 |
| NICHOLAS DAYAN | CHIEF PEOPLE OFFICER Officer | 14 | $0 | $389,317 | $15,943 |
| DAVID GRENACHE | CHIEF SCIENTIFIC OFFICER Officer | 14 | $0 | $328,482 | $30,288 |
| ELLA WATT | CHIEF FINANCIAL OFFICER Officer | 14 | $0 | $322,438 | $16,856 |
| ERIC CARBONNEAU | CHIEF OPERATING OFFICER Officer | 14 | $0 | $295,237 | $31,111 |
| PATRICK PRESCOTT | SR PRODUCT MANAGER Highest-paid employee | 32 | $0 | $274,272 | $22,336 |
| KATHRYN FORT | OPERATIONS CONTROLLER Highest-paid employee | 11 | $0 | $224,721 | $17,767 |
| HONGYAN XIE | SCIENTIFIC DIRECTOR CYTOGENICS Highest-paid employee | 13 | $0 | $221,464 | $20,997 |
| KARISSA MCCALL CULBREATH | CHIEF MEDICAL DIRECTOR Highest-paid employee | 13 | $0 | $213,478 | $10,626 |
| ARAND PIERCE | CHIEF MEDICAL OFFICER (THRU 6/2/23) Officer | 14 | $0 | $205,902 | $13,431 |
| MICHELLE NEEL | SENIOR DIRECTOR, COMPLIANCE Highest-paid employee | 11 | $0 | $188,458 | $26,435 |
| JILL KLAR | BOARD CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| BONNIE WHITE | BOARD VICE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| CHRIS SPENCER | FINANCE COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| NANCY JOSTE MD | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DALE MAXWELL | BOARD MEMBER (THRU 8/1/23) Trustee or director | 1 | $0 | $0 | $0 |
| ALEXEI BAKHIREV MD | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JASON MITCHELL MD | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DR MICHAEL RICHARDS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LAUREN MADIGAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1001 WOODWARD PL NE, ALBUQUERQUE, NM 87102-2705
- In care of
- % NICK DAYAN
- Mailing address (990-N for 2021)
- 1001 Woodward Place NE, Albuquerque NM 87102
- Principal officer (990 for 2024)
- ROBIN DIVINE, 1001 WOODWARD PLACE NE, ALBUQUERQUE, NM 87102
- Principal officer (990-N for 2021)
- Robin Divine, 1001 Woodward Place NE, Albuquerque NM 87102
- Signed the 990
- ROBIN DIVINE, CHIEF EXECUTIVE OFFICER
- Phone
- (505) 938-8888
- Website
- WWW.TRICORE.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
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.
Program accomplishments
- PUBLIC HEALTH: TRICORE, INC. CONTRIBUTES TO THE BETTERMENT OF PUBLIC HEALTH IN NEW MEXICO IN SEVERAL WAYS:- MORE EXPEDIENT TESTING: TRICORE INC. PROVIDES DIAGNOSTIC TESTING SERVICES ACROSS MOST OF NEW MEXICO, AND IS ABLE TO TEST MORE THAN 98% OF THE SPECIMENS IT RECEIVES AT ITS FACILITIES, UNLIKE OTHER LABORATORIES IN NEW MEXICO. TRICORE PROVIDES SAME-DAY OR EARLY-NEXT-DAY RESULTS TO PHYSICIANS, SO THAT THERAPIES AND TREATMENTS MAY BEGIN IMMEDIATELY FOR NEW MEXICO PATIENTS. DUE TO THE VOLUME OF TESTING, TRICORE CAN PROVIDE ESOTERIC TESTING THAT IS NOT FEASIBLE FOR OTHER LABS TO PROVIDE. THIS ALLOWS TRICORE TO CONTINUE TO PROVIDE LABORATORY SERVICES TO THE UNDERSERVED POPULATION IN THE STATE.- UNDERSERVED AREAS: ALMOST ALL OF NEW MEXICO IS CLASSIFIED AS A MEDICALLY UNDERSERVED AREA BY THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES. TRICORE'S COVERAGE AREA ENCOMPASSES MUCH OF NEW MEXICO, PROVIDING MUCH-NEEDED TESTING SERVICES TO LOCATIONS DEEMED MEDICALLY UNDERSERVED BY FEDERAL OFFICIALS.- PATIENT-CENTERED DATABASE: TRICORE HAS DEVELOPED A DATABASE THAT ALLOWS PROVIDERS TO VIEW PATIENT LAB TESTS OUTSIDE THEIR PARTICULAR ELECTRONIC MEDICAL RECORD (EMR), SO THAT LAB TESTS ORDERED BY OTHER PROVIDERS CAN BE SEEN. THIS ADVANCEMENT RESULTS IN FEWER WASTED DUPLICATE LAB TESTS BEING ORDERED AND IS ESPECIALLY APPRECIATED BY SPECIALISTS WHO OFTEN ONLY SEE A PATIENT AFTER SEVERAL OTHER PROVIDERS HAVE EXAMINED THEM AND ORDERED LAB TESTS.- STATE REPORTING: ABOUT 70% OF INFECTIOUS DISEASES THAT ARE MANDATED TO BE REPORTED TO THE NEW MEXICO DEPARTMENT OF HEALTH ARE FROM TESTS PERFORMED BY TRICORE. THERE IS A LIST OF 30 INFECTIOUS DISEASES THAT MUST BE REPORTED TO THE DEPARTMENT OF HEALTH. WHEN A SPECIMEN HAS TESTED POSITIVE FOR ONE OF THESE DISEASES AT A TRICORE FACILITY, TRICORE IMMEDIATELY REPORTS THE INCIDENT TO THE STATE. TRICORE'S REPORT OCCURS MUCH MORE QUICKLY THAN WHEN PHYSICIANS (RECEIVING REPORTS FROM OTHER LABS) REPORT TO THE DEPARTMENT OF HEALTH. THIS SPEED IN REPORTING ENHANCES THE PROTECTION OF PUBLIC HEALTH, BY INFORMING THE DEPARTMENT OF HEALTH MORE QUICKLY ABOUT POSSIBLE OUTBREAKS OF DISEASES OR OTHER ISSUES THAT NEED TO BE TRACKED BY PUBLIC HEALTH OFFICERS.Expenses $59,369,461 · revenue $68,264,248
- EDUCATION: TRICORE, INC. TRAINS A WIDE ARRAY OF STUDENTS IN NEW MEXICO, FROM HIGH SCHOOL STUDENTS TO POST-DOCTORATE FELLOWS. ALL STUDENTS ABOVE HIGH SCHOOL MEET SPECIFIC REQUIREMENTS FOR THEIR PROGRAMS THROUGH THEIR TRAINING AT TRICORE. NEW MEXICO COLLEGES AND UNIVERSITIES DO NOT OFFER THESE CLINICAL ROTATIONS, SO STUDENTS HAVE TO COME TO TRICORE TO COMPLETE THEIR PROGRAMS. TRICORE RECEIVES NO FEES FOR THIS TRAINING. THE SHEER VOLUME OF SAMPLES TESTED AT TRICORE ONLY SERVES TO ENHANCE THE EDUCATIONAL PROGRAMS AT TRICORE. STUDENTS RECEIVE MORE EXPOSURE TO A WIDER RANGE OF PATHOLOGIES AND DISEASES BECAUSE OF THE AMOUNT OF TESTING DONE AT TRICORE. FOLLOWING ARE AMONG THE TRAINING PROGRAMS PROVIDED BY TRICORE:- HIGH SCHOOL LEVEL: THE HIGH SCHOOL DUAL-CREDIT PROGRAM (20 TO 40 STUDENTS PER YEAR AT 30 HOURS PER STUDENT) INTRODUCES MEDICAL LAB SCIENCES TO HIGH SCHOOL STUDENTS AND IS A PRE-REQUISITE TO PHLEBOTOMY AND MEDICAL LAB TECHNICIAN PROGRAMS AT A LOCAL COMMUNITY COLLEGE. ALSO, TRICORE OFFERS JOB SHADOWING FOR 20 ALBUQUERQUE PUBLIC SCHOOL STUDENTS PER YEAR.- PHLEBOTOMY PROGRAM - TRICORE TRAINS MORE THAN 250 PHLEBOTOMY STUDENTS PER YEAR FROM NINE STATE COMMUNITY COLLEGES AND UNIVERSITIES IN NEW MEXICO. THE STUDENTS SPEND 100 HOURS EACH AT TRICORE FOR THEIR CLINICAL REQUIREMENTS.- MEDICAL LAB TECHNICIAN PROGRAM - TRICORE TRAINS 18 TO 22 STUDENTS FROM COMMUNITY COLLEGE AND UNIVERSITY PROGRAMS. THE STUDENTS SPEND 384 HOURS EACH AT TRICORE.- MEDICAL LAB SCIENTIST PROGRAM - TRICORE TRAINS ABOUT 30 STUDENTS A YEAR IN MLS PROGRAMS FROM SEVERAL UNIVERSITIES. STUDENTS SPEND 450 TO 720 HOURS AT TRICORE.- GRADUATE AND POST-DOCTORAL PROGRAMS - TRICORE PROVIDES SEVERAL PROGRAMS FOR ABOUT 25 GRADUATE AND POST-DOCTORAL STUDENTS FROM THE UNIVERSITY OF NEW MEXICO, INCLUDING THE HEMATOPATHOLOGY FELLOWSHIP PROGRAM; THE TRANSFUSION MEDICINE FELLOWSHIP PROGRAM; THE MOLECULAR GENETICS FELLOWSHIP PROGRAM; THE CYTOPATHOLOGY FELLOWSHIP PROGRAM; AND THE PATHOLOGY RESIDENT CLINICAL ROTATIONS IN TRANSFUSION MEDICINE, CYTOLOGY, ANATOMIC PATHOLOGY, CLINICAL CHEMISTRY, TOXOLOGY, IMMUNOLOGY, HEMATOPATHOLOGY, COAGULATION, INFECTIOUS DISEASE, MOLECULAR DIAGNOSTICS, INFORMATICS, SAMPLE MANAGEMENT, AND CLIENT ENGAGEMENT (AKA THE HOT SEAT). ALL OF THESE PROGRAMS SUPPORT THE ACCREDITATION COUNCIL FOR GRADUATE MEDICAL EDUCATION TRAINING REQUIREMENTS FOR PATHOLOGY RESIDENTS AND FELLOWS. - PHARMACY PROGRAMS - TRICORE TRAINS UP TO 10 STUDENT PHARMACISTS PER YEAR FROM THE UNIVERSITY OF NEW MEXICO DOCTOR OF PHARMACY PROGRAM FOR THEIR ADVANCED PHARMACY PRACTICE EXPERIENCE ELECTIVE ROTATION. THE STUDENTS SPEND 16 HOURS EACH AT TRICORE, AND THE PROGRAM FULFILLS THE PHARM.D EXPERIENTIAL TRAINING REQUIREMENTS BY THE BOARD OF PHARMACY.Expenses $199,830
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-3909066
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E60)
- Assets (IRS master file)
- $24,503,452
- Income (IRS master file)
- $68,275,915
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $68,248,933 | $68,548,600 | $24,503,452 | XML |
| 990 | December 2023 | $65,745,760 | $67,294,846 | $27,246,343 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $47,135,454 | $32,690,391 | $31,719,888 | IRS |
| 990-N for 2021 Officer: Robin Divine | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Michael J Crossey | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-3909066).
Questions about TRICORE INC
- What is the EIN of TRICORE INC?
- The employer identification number (EIN) of TRICORE INC is 84-3909066.
- Is TRICORE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to TRICORE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TRICORE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TRICORE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TRICORE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of TRICORE INC?
- The 990 for the year ended December 31, 2024 names ROBIN DIVINE.
- Who are the officers and directors of TRICORE INC?
- The 990 for the year ended December 31, 2024 lists 21 people; 0 received compensation from the organization.
- How much revenue does TRICORE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $68,248,933, expenses of $68,548,600 and total assets of $24,503,452 at year end.
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