Valley Presbyterian Hospital Foundation
- Assets
- $3.2m
- Revenue
- $114.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Van Nuys, CA
- Founding
- 04/2017
- Data as of
- 12/2018
- EIN
- 90-1119606
Organization Overview
Valley Presbyterian Hospital Foundation is located in Van Nuys, CA. The organization was established in 2017. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. Valley Presbyterian Hospital Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT VALLEY PRESBYTERIAN HOSPITAL THROUGH PRIVATE DONATIONS AND PHILANTHROPIC PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VALLEY PRESBYTERIAN HOSPITAL FOUNDATION (VPHF) RAISES FUNDS FOR VALLEYPRESBYTERIAN HOSPITAL (VPH) THROUGH PRIVATE PHILANTHROPY AND SPECIALFUNDRAISING EVENTS (THE 4TH ANNUAL CELEBRATION OF EXCELLENCE EVENTWAS HELD ON MAY 17TH, 2018 AND THE GOLF CLASSIC WAS HELD ONSEPTEMBER 24, 2018). GIFTS RECEIVED THROUGH VPHF PROVIDE VPHWITH THE VITAL SUPPORT IT NEEDS TO CONTINUE TO PROVIDE COMPREHENSIVEHEALTH CARE, SOCIAL SERVICES, AND ADVOCACY FOR SAN FERNANDO VALLEY'SLOW-INCOME AND UNDERSERVED FAMILIES. THE FOLLOWING ARE A FEW OF THEVPH PROGRAMS SUPPORTED THROUGH DONATIONS RECEIVED BY VPHF IN2018: EMERGENCY ROOM RENNOVATION PROJECT; PALLIATIVE CAREPROGRAM; CHILD LIFE SPECIALIST PROGRAM; DIABETES IN-PATIENTEDUCATION AND TREATMENT PROGRAM; AND COMMUNITY AND HEALTHPROGESSIONS EDUCATIONS PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Merryll Mcelwain Treasurer | OfficerTrustee | 1 | $0 |
Anthony Tartaglia Chairman | OfficerTrustee | 1 | $0 |
Keven Steinberg ESQ Vice Chairman | OfficerTrustee | 1 | $0 |
Diana Sanchez Secretary | OfficerTrustee | 1 | $0 |
Janice Klostermeier SVP Of Finance & CFO | Officer | 1 | $0 |
Pegi Matsuda President Vphf (thru 06/18) | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,512 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $39,833 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $114,345 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,257 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $140 |
| Payroll taxes | $2,548 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | -$21,000 |
| Advertising and promotion | $0 |
| Office expenses | $17,578 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $288 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $289,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $482,469 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $904,380 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $1,826,311 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,213,160 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $989,715 |
| Total liabilities | $989,715 |
| Net assets without donor restrictions | $855,115 |
| Net assets with donor restrictions | $1,368,330 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $2,223,445 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Valley Presbyterian Hospital Foundation has recieved totaling $51,500.
| Awarding Organization | Amount |
|---|---|
Dume Wolverine Foundation Woodland Hills, CA PURPOSE: CHARITABLE PURPOSES OF THE ORGANIZATION | $50,000 |
Littler Mendelson Foundation Inc Kansas City, MO PURPOSE: GENERAL SUPPORT | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usc Verdugo Hills Hospital Glendale, CA | $165,951,606 | $75,528,918 |
Saint Alphonsus Medical Center- Ontario Inc Ontario, OR | $100,480,171 | $82,404,925 |
Southern Monterey County Memorial Hospital King City, CA | $47,837,019 | $92,991,651 |
Saint Alphonsus Medical Center Baker City Inc Baker City, OR | $29,334,008 | $40,966,574 |
Glenn Medical Center Inc Willows, CA | $18,000,353 | $32,684,034 |
Martin Luther King Jr Community Medical Foundation Compton, CA | $4,594,200 | $25,848,539 |
La Paz Regional Hospital Parker, AZ | $34,060,825 | $33,751,029 |
San Diego Family Care San Diego, CA | $18,768,701 | $28,391,364 |
Peach Tree Healthcare Marysville, CA | $15,991,070 | $32,637,211 |
Complete Care Community Health Center Inc Los Angeles, CA | $26,585,531 | $32,147,460 |
San Antonio Community Hospital Health Care Service Plan Upland, CA | $1,595,823 | $18,830,623 |
The Whole Child-Mental Health & Housing Services Whittier, CA | $14,318,050 | $17,920,676 |