Virginia Mason Medical Center

Organization Overview

Virginia Mason Medical Center is located in Seattle, WA. The organization was established in 1935. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2019, Virginia Mason Medical Center employed 6,138 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Virginia Mason Medical Center generated $1.2b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $1.2b during the year ending 12/2019. While expenses have increased by 2.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Virginia Mason Medical Center has awarded 170 individual grants totaling $44,129,513. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

VIRGINIA MASON MEDICAL CENTERS MISSION IS TO IMPROVE THE HEALTH AND WELL-BEING OF THE PATIENTS IT SERVES THROUGH THE DELIVERY OF HIGH QUALITY, COST-EFFECTIVE CARE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HEALTH CARE SERVICES. THE MEDICAL CENTER IS A TERTIARY REGIONAL REFERRAL CENTER WHICH SERVES A PATIENT COMMUNITY THAT INCLUDES SEATTLE AND ITS SURROUNDING SUBURBS, WESTERN WASHINGTON AND ALASKA. THE MAIN CAMPUS LOCATED IN SEATTLE INCLUDES A HOSPITAL, AN OUTPATIENT CLINIC, CENTERS OF EXCELLENCE INCLUDING THE CENTER FOR HYPERBARIC MEDICINE, DIGESTIVE DISEASE INSTITUTE, FLOYD DELORES JONES CANCER INSTITUTE, HEART INSTITUTE, NEUROSCIENCE INSTITUTE AND UROLOGY. THE MEDICAL CENTER ALSO OPERATES NINE REGIONAL CLINICS, AND BAILEY-BOUSHAY HOUSE, A 35-BED SKILLED NURSING FACILITY. DURING 2019, THE MEDICAL CENTER RECORDED 12,221 HOSPITAL INPATIENT ADMISSIONS, 24,985 EMERGENCY ROOM VISITS AND 976,974 CLINIC VISITS. THE MEDICAL CENTER PROVIDED CHARITY CARE AND UNREIMBURSED MEDICAID SERVICES TO A TOTAL OF 7,872 PATIENTS. CONTINUED ON SCHEDULE O.


EDUCATION AND RESEARCH. THE MEDICAL CENTER IS AN INDEPENDENT ACADEMIC MEDICAL CENTER WITH A GRADUATE MEDICAL EDUCATION PROGRAM THAT TRAINS OVER 130 RESIDENTS IN NINE ACCREDITED PROGRAMS IN ANESTHESIOLOGY, INTERNAL MEDICINE, GENERAL SURGERY, DIAGNOSTIC RADIOLOGY, TRANSITIONAL YEAR, AND UROLOGY. IN ADDITION, THE MEDICAL CENTER TRAINS A NUMBER OF FELLOWS IN AREAS SUCH AS PAIN MANAGEMENT, REGIONAL ANESTHESIOLOGY, AND FEMALE PELVIC MEDICINE/RECONSTRUCTIVE SURGERY. THE MEDICAL CENTER IS ALSO AFFILIATED WITH THE UNIVERSITY OF WASHINGTON FOR THE TRAINING OF SUBSPECIALTIES IN THE AREAS OF ANESTHESIOLOGY, ORTHOPEDICS, OBSTETRICS, GYNECOLOGY AND UROLOGY. THE MEDICAL CENTER ALSO PROVIDES TRAINING IN CLINICAL NURSING EDUCATION, ALLIED HEALTH FIELDS, CONTINUING MEDICAL EDUCATION AND GRAND ROUNDS. IN ADDITION, THE MEDICAL CENTER CONDUCTS MEDICAL RESEARCH THROUGH ITS AFFILIATE BENAROYA RESEARCH INSTITUTE AT VIRGINIA MASON, A SCIENTIFIC RESEARCH INSTITUTE QUALIFIED UNDER SECTION 501C3 OF THE INTERNAL REVENUE CODE. CONTINUED ON SCHEDULE O.


COMMUNITY HEALTH AND EDUCATION AND SERVICES. THE MEDICAL CENTER CONTRIBUTES TO IMPROVING THE HEALTH OF THE COMMUNITY THROUGH SPONSORSHIP OF COMMUNITY HEALTH EDUCATION AND SERVICES. COMMUNITY HEALTH EDUCATION INCLUDES CLASSES, FORUMS, PRESENTATIONS AND OTHER PROGRAMS HELD DURING THE DAY AND EVENING IN THE MEDICAL CENTER NEIGHBORHOOD CLINIC COMMUNITIES AND THE SEATTLE MAIN CAMPUS. THE MEDICAL CENTER PROVIDED SUPPORT OF GRIEF SERVICES WHICH PROVIDES SERVICES FOR ADULTS AND CHILDREN AGES 7-18 WHOSE LOVED ONE HAS DIED AS THE RESULT OF A SUDDEN, VIOLENT DEATH BY CRIMINAL ACT HOMICIDE, INCLUDING TERRORISM, SUICIDE OR OTHER TYPES OF VIOLENT DEATH. SERVICES AVAILABLE INCLUDE THERAPY GROUPS, SHORT-TERM THERAPY, PSYCHIATRIC CONSULTATION AND MEDICATION MANAGEMENT, COMMUNITY, WORKPLACE, FAMILY AND SCHOOL CRISIS RESPONSE AND PROFESSIONAL TRAINING. IN 2019, THE MEDICAL CENTER PROVIDED 157,000 TOWARD SUPPORT OF GRIEF SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Gary Kaplan MD
Chairman, CEO
$1,661,792
Christopher L Fellows MD
Physician
$1,443,281
Rajiv Sethi MD
Physician
$1,421,601
Ravi Shankar Krishnan MD
Physician
$1,115,525
Farrokh Farrokhi
Physician
$1,088,410
Steven Bayles
Physician
$1,059,962

Outside Vendors & Contractors

Vendor Name (Service)Compensation
First Choice Health
Third Party Administrator Services
$4,086,047
Crothall Healthcare Inc
Staffing Services
$16,260,260
Chi-vm Llc
Staffing Services
$2,704,673
Ge Precision Healthcare Llc
Medical Equipment Services
$7,393,588
Veca Electric & Technologies Llc
Construction Services
$3,872,704
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$12,907,958
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$12,907,958
Total Program Service Revenue$1,120,894,936
Investment income $22,624,767
Tax Exempt Bond Proceeds $4,215
Royalties $209
Net Rental Income $26,115
Net Gain/Loss on Asset Sales $4,953,385
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $913,858
Miscellaneous Revenue$0
Total Revenue $1,170,919,655

Grants Awarded

Over the last fiscal year, Virginia Mason Medical Center has awarded $7,568,599 in support to 25 organizations.

Grant RecipientAmount

VIRGINIA MASON HEALTH SYSTEM

Org PageRecipient Profile

Seattle, WA

PURPOSE: OPERATING SUPPORT

$4,026,096

BENAROYA RESEARCH INSTITUTE AT VIRGINIA MASON

Org PageRecipient Profile

Seattle, WA

PURPOSE: OPERATING SUPPORT

$3,000,000

PUBLIC HEALTH - SEATTLE & KING COUNTY

PURPOSE: GENERAL SUPPORT

$89,303

WSMA FOUNDATION FOR HEALTHCARE IMPROVEMENT

Org PageRecipient Profile

Seattle, WA

PURPOSE: GENERAL SUPPORT

$85,000

PROJECT ACCESS NORTHWEST

Org PageRecipient Profile

Seattle, WA

PURPOSE: GENERAL SUPPORT

$82,500

New York, NY

PURPOSE: GENERAL SUPPORT

$50,700
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Virginia Mason Medical Center has recieved totaling $44,629.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$23,829
Society Of Urodynamics And Female Urology Research Foundation Inc

Schaumburg, IL

PURPOSE: Neuromodulation Grant

$12,500
Hust Alumni Association Of Seattle

Redmond, WA

PURPOSE: COVID19 SUPPORT

$7,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$650
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$650
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$15,347,139
Earnings$2,289,886
Net Contributions$82,755
Grants$1,121,001
Ending Balance$16,598,779

Peer Organizations

Organization NameAssets
Asante
Medford, OR
$928,596,728
St Charles Health System Inc
Bend, OR
$1,002,139,054
Saint Alphonsus Regional Medical Center Inc
Boise, ID
$700,793,976
Alaska Native Tribal Health Consortium
Anchorage, AK
$687,223,707
St Jude Hospital
Renton, WA
$703,505,681
Sky Lakes Medical Center Inc
Klamath Falls, OR
$679,891,837
Overlake Hospital Medical Center
Bellevue, WA
$605,355,698
Kadlec Regional Medical Center
Renton, WA
$696,104,170
Covenant Medical Center
Renton, WA
$479,585,591
Yakima Valley Memorial Hospital Association
Yakima, WA
$508,600,912
Harrison Medical Center
Bremerton, WA
$610,732,461
Good Samaritan Hospital Corvallis
Corvallis, OR
$456,648,221

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