Business Briefs: Week of Nov. 17, 2023 | News

Inside Tucson Business Staff
12 Min Read


Trico Electric members receive $5.4M 

Trico Electric Cooperative reported that for the 14th consecutive year, the board of directors has approved the retirement of Membership Equity — formerly Capital Credits — for $5.4 million. 

Capital Credits was changed to Membership Equity because, Trico said in a statement, it better describes how members share in the cooperative’s financial success.

Membership Equity is a share of Trico, a not-for-profit that must raise money to operate. When there’s money left after the co-op’s bills are paid, it’s returned to members. 

When Trico’s revenues exceed its cost of operations, a profit (margin) is created, and these amounts are allocated to members’ ME accounts. These credits accrue in the members’ accounts until the board approves a “retirement.” 

That’s when members who bought electricity from Trico during a certain year will receive a distribution based on the credit applied to the member’s account, the amount retired by the board and the amount of power the member used. This distribution may be in the form of a bill credit or a check. 

Co-ops have to retain enough money to operate and be prepared for emergencies, like storm damage, but they also want to give members their share of the margins. Cooperatives are owned by the people who use their service or buy their product, so they share in the “margins.”

Members will see their Membership Equity Retirement on their December bill. Active accounts will see a Membership Equity Retirement posted as a credit on their bill. 

Those who prefer a Membership Equity check should reach out to [email protected] or 520-744-2944. To receive a check, the refund must be over $10 for active and inactive accounts. If a member moves or no longer has service, Trico must have their current address to send ME notices and retirements in the future.

Info: www.trico.coop

Villa Hermosa earns CARF reaccreditation

Villa Hermosa, a Tucson active retirement community owned and operated by Senior Resource Group, has been reaccredited by CARF International, an independent, nonprofit accreditor of health and human services.

Similar to the five-star rating of the hospitality industry, this certification is the highest level of accreditation that can be awarded to a retirement community. Valid through 2026, the reaccreditation is for independent and assisted living.

“Only 3% of CARF surveys receive zero recommendations, and we’re thrilled to be included in this elite group,” said Troy Jones, executive director.

“It is a testament to our unwavering dedication to excellence in providing top-tier care and services to our community and a reflection of our commitment to maintaining the highest standards of quality.”

To receive the three-year reaccreditation outcome, Villa Hermosa completed a voluntary peer review process and demonstrated to a team of surveyors that its programs and services are of the highest quality, measurability and accountability.  

The survey team’s report highlighted the many strengths of the community, including the visibility and accessibility of the leadership team, long-tenured staff and life enrichment activities and wellness programs that appeal to residents’ mind, body and soul.

Info: 520-416-4244, 

www.villahermosaretirement.com

Arizona Oncology, Radiology Ltd. team for imaging services

Arizona Oncology, a provider of comprehensive cancer care, has partnered with Radiology Ltd., one of the state’s largest radiology practices. 

Now, Radiology Ltd. will provide all image interpretations at Arizona Oncology’s two Tucson imaging locations — Rudasill and Swan.

The relationship is designed to enhance the quality of care for patients by focusing on producing reliable and comprehensive imaging reports that physicians and patients can trust to better inform clinical decisions. 

Radiology Ltd.’s team of board-certified, subspecialized radiologists already work alongside Arizona Oncology providers in multidisciplinary tumor conferences to direct cancer care. 

Each radiologist specializes in certain types of medical imaging, providing subject level expertise that is invaluable to cancer care.

“Having subspecialization expertise and focus allows our team to be more reliable and                 thorough when it comes to reports,” said Dr. Richard Rosenberg, president at Arizona Oncology. 

“Working with Radiology Ltd. allows our physicians and patients to put their full trust in their scan results in order to make more informed treatment decisions.” 

Radiology Ltd.’s team of board-certified radiologists — including nuclear medicine-trained, PET/CT and body imaging fellowship experts — use the latest technology to provide accurate and timely readings. 

“We are proud to be working with Arizona Oncology,” said Dr. Bobby Kalb, president and chairman of Radiology Ltd. 

“Combining Radiology Ltd.’s subspecialized expertise in oncologic imaging with the innovative treatments and services offered by Arizona Oncology supports our mission to provide compassionate care and superior medical imaging services to patients, providers and health care organizations. Radiology Ltd. is thrilled to further expand our ability to improve the health of Southern Arizonans through this new relationship.” 

Arizona Oncology is located at 2951 N. Swan Road, and 2070 W. Rudasill Road, Suite 110. 

OPCS recognized as a ‘great place to work’

Old Pueblo Community Services celebrated Certification Nation Day on Nov. 1, along with the community of Great Place to Work-certified companies across the country.

“Certified companies put employees first,” said Michael C. Bush, chief executive officer at Great Place to Work, which recognizes employees and employers for identifying outstanding employee experiences.

“A respectful workplace environment is very important to OPCS. We want everyone to feel welcome and we intentionally work toward a culture of inclusion, diversity, equity and access.”

“We’re proud to be one of only two nonprofit organizations and eight total companies in Pima County with this important certification,” said Jeanie Pike, human resources director, OPCS.

A Tucson-based nonprofit that has been serving Pima County since 1996. OPCS is shifting the paradigm from managing chronic homelessness to ending it. 

It works with partners to provide housing, counseling and support services to over 2,000 households a year, including veterans, families, youth, individuals struggling with mental illness and substance use disorders, and those reentering our community post-incarceration.

Info: www.helptucson.org

Casino Del Sol receives 15 awards from

magazine

Casino Del Sol is thrilled to announce that it has received 15 awards in Casino Player Magazine’s Best of Gaming 2023. 

The Casino Player Magazine Best of Gaming Awards recognize properties that provide exceptional experiences to guests. The awards are collected from readers who acknowledge and celebrate the casino resorts that have left a lasting impression on them.

Casino Del Sol’s awards include best hotel staff, best pool, best golf course, favorite casino resort for a staycation, best comps, best dealers, best poker tournament, best video slots, best carnival games, best craps, best bingo, best overall sportsbook, best prop bets, best promotions and friendliest sportsbook.  

“Receiving 15 awards from Casino Player Magazine’s Best of Gaming 2023 is an incredible honor and a testament to the hard work and dedication of our entire team,” said Kim Van Amburg, Casino Del Sol’s chief executive officer.

“We are incredibly proud of our staff and the extraordinary experience they provide to our guests.”

Info: www.casinodelsol.com

USDA Announces $117.5M to support

rural Arizona

USDA Rural Development Arizona state director Charlene Fernandez revealed $117.5 million in investments across rural Arizona and throughout Rural Partners Network Communities to bring job growth, advance clean energy, bring high-speed internet to rural areas and drive economic change in historically underserved areas.

“Today we’re announcing a significant investment in the future of rural Arizona,” Fernandez said. “(Putting) $30 million toward high-speed internet will offer new opportunities for many rural residents who have been waiting for quality, affordable broadband, and it will level the playing field for businesses, schools, farmers and more to thrive. 

“Community leaders throughout the state have worked with USDA to ensure their communities are prepared for growth. $19 million will help two of these communities to address their infrastructure needs related to that growth. In addition, $59 million in electric infrastructure will connect thousands of people to this essential utility and incorporate smart grid technologies to advance President Biden’s plan to ensure every rural American can access what they need to succeed.”

The $117.5 million in loan, grant and loan guarantees offered to agricultural producers, rural small business owners, communities and utility providers is part of a recent announcement by the Biden administration’s Investing in Rural America Event Series.

Funded projects include:

• Through USDA’s Rural Energy for America Program (REAP), $4 million in grant monies will go to supporting 16 renewable energy and energy efficiency projects throughout Arizona.

• San Carlos Apache Telecommunications Utility Inc. will use a $16.9 million ReConnect Program loan to provide high-speed internet serving San Carlos Land Area Representation and socially vulnerable communities in Gila, Graham and Pinal counties. This network will benefit 4,126 people, 58 businesses, two farms and 14 educational facilities in Gila, Graham and Pinal counties in Arizona. The investment is in a community participating in the Rural Partners Network.

• Oak Creek Water Co. No. 1 will use $8 million in loan and grant to upgrade its aging water infrastructure with improved service lines, storage tanks and an arsenic treatment system that will ensure clean water for people in western Sedona.

• Trico Electric Coop headquartered in Marana will use a $59 million loan to connect 4,201 consumers, and build and improve 426 miles of line. This loan includes $1,783,925 in smart grid technologies, including two miles of fiber installation.

Biden unveiled over $5 billion in new investments from his Investing in America agenda — including the Bipartisan Infrastructure Law and the Inflation Reduction Act — to advance rural prosperity, economic development, competition and sustainability. Biden also discussed how Bidenomics and his Investing in America agenda are ensuring rural Americans do not have to leave their hometowns to find opportunity.

Info: www.rd.usda.gov 



Inside Tucson Business Staff www.insidetucsonbusiness.com

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2023-11-17 08:00:00 , ""news"site: insidetucsonbusiness.com/" – Vivrr Local

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