Verity Health System Of California Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 187
- Location
- Woodland Hills, CA
- Founding
- 07/2015
- Data as of
- 06/2022
- EIN
- 51-0659139
Organization Overview
Verity Health System Of California Inc is located in Woodland Hills, CA. The organization was established in 2015. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2022, Verity Health System Of California Inc employed 187 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Verity Health System Of California Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
VBS PROVIDES ESSENTIAL SERVICES FOR THE HOSPITALS OF VHS, INCLUDING PATIENT (SEE SCHEDULE O)FINANCIAL SERVICES, ACCOUNTING, PAYROLL, ACCOUNTS PAYABLE AND BUDGETING, AMONG OTHERS. THE ENTITY IS IN THE PROCESS OF WINDING DOWN FOR EVENTUAL DISSOLUTION.
Describe the Organization's Program Activity:
Part 3
VBS PROVIDES ESSENTIAL SERVICES FOR THE AFFILIATED HOSPITALS OF VHS, INCLUDING ST. FRANCIS MEDICAL CENTER, ST. VINCENT MEDICAL CENTER, SAINT LOUISE REGIONAL HOSPITAL, O'CONNOR HOSPITAL, AND SETON MEDICAL CENTER. THESE SERVICES INCLUDE: PATIENT FINANCIAL SERVICES (INCLUDING IMPLEMENTING THE FINANCIAL PROVISIONS OF THE HOSPITALS' CHARITY CARE POLICIES); ACCOUNTING FOR THE FINANCIAL VALUE OF THE COMMUNITY BENEFITS PROVIDED BY THE HOSPITALS; PROVIDING GENERAL ACCOUNTING SUPPORT; PAYROLL; ACCOUNTS PAYABLE; BUDGETING; DECISION SUPPORT AND FINANCIAL ANALYSIS; COST REPORT PREPARATION; AND SIMILAR SERVICES ESSENTIAL TO THE OPERATIONS OF THE HOSPITALS AFFILIATED WITH VHS. THE ENTITY IS IN THE PROCESS OF WINDING DOWN FOR EVENTUAL DISSOLUTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Adcock Ex-Officio Member (thru 9/2020) | Trustee | 1 | $0 |
Anthony Armada Board Member (thru 8/2020) | Trustee | 1 | $0 |
Ty Conner - President (thru 9/2020); Dir. (thru 4/2021) | OfficerTrustee | 1 | $0 |
Howard Grobstein Liquidating Trustee (beg 9/2020) | OfficerTrustee | 1 | $0 |
Jack Krouskup Board Member (thru 4/2021) | Trustee | 1 | $0 |
Andrew Pines Board Member (thru 4/2021) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Execuforce Llc Staffing Agency | 6/29/21 | $706,755 |
Grm Information Management Srvs Llc Data Storage | 6/29/21 | $517,249 |
M Modal Services Ltd It Support | 6/29/21 | $344,131 |
Grm Info Mngmt Srvcs San Francisco Llc Data Storage | 6/29/21 | $182,433 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |