Kaiser Foundation Hospitals
- Assets
- $56.3b
- Revenue
- $30.2b
- Investments
- $12.9b
- Employees
- 86,864
- Location
- Oakland, CA
- Founding
- 06/1949
- Data as of
- 12/2020
- EIN
- 94-1105628
Organization Overview
Kaiser Foundation Hospitals is located in Oakland, CA. The organization was established in 1949. 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 12/2021, Kaiser Foundation Hospitals employed 86,864 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kaiser Foundation Hospitals is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Kaiser Foundation Hospitals generated $30.2b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $27.1b during the year ending 12/2020. While expenses have increased by 5.0% per year over the past 6 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 2012, Kaiser Foundation Hospitals has awarded 10,290 individual grants totaling $1,484,017,142. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HIGH-QUALITY, AFFORDABLE HEALTH CARE SERVICES TO IMPROVE THE HEALTH OF OUR MEMBERS AND THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES HOSPITAL AND MEDICAL CARE, TRAINING AND CHARITY CARE. KAISER FOUNDATION HOSPITALS (KFH) PROVIDES HOSPITAL, MEDICAL AND SURGICAL CARE, INCLUDING EMERGENCY SERVICES, EXTENDED CARE AND HOME HEALTH CARE WITHOUT REGARDS TO AGE, SEX, RACE, RELIGION OR NATIONAL ORIGIN OR THE ABILITY TO PAY. KFH EDUCATES AND TRAINS MEDICAL STUDENTS, PHYSICIANS AND OTHER HEALTH CARE PROFESSIONALS AND PROMOTES SCIENTIFIC RESEARCH AND MEDICAL AND NURSING EDUCATION IN ORDER TO IMPROVE CARE FOR OUR MEMBERS AND OUR COMMUNITY. KFH DIRECTLY INVESTS IN IMPROVEMENTS IN COMMUNITY HEALTH BY WORKING TO INCREASE ACCESS FOR THE UNDERSERVED, DISSEMINATING CARE IMPROVEMENTS, ALTERING THE SOCIAL DETERMINANTS OF HEALTH AND EDUCATING TO IMPROVE HEALTH.
MEDICAID AND OTHER GOVERNMENT SPONSORED PROGRAMS. KAISER FOUNDATION HOSPITALS (KFH) IS COMMITTED TO IMPROVING MEDICAL CARE FOR BENEFICIARIES OF MEDICAID AND OTHER GOVERNMENT SPONSORED PROGRAMS, NOT ONLY FOR KAISER FOUNDATION HEALTH PLAN, INC. MEMBERS, BUT ALSO WITHIN THE COMMUNITIES WE SERVE. AT THE END OF 2021, OVER 1 MILLION INDIVIDUALS WERE RECEIVING ACCESS TO INPATIENT AND EMERGENCY CARE AT KFH'S FACILITIES UNDER MEDICAID MANAGED CARE PROGRAMS IN THE STATES OF CALIFORNIA, HAWAII AND OREGON, AND UNDER THE CHILDREN'S HEALTH INSURANCE PROGRAM (CHIP). IN ADDITION, KFH PROVIDED HEALTH CARE ON A FEE-FOR-SERVICE BASIS FOR MEDICAID BENEFICIARIES WHO WERE NOT ENROLLED AS KAISER FOUNDATION HEALTH PLAN, INC. MEMBERS.
CHARITY CARE (MEDICAL FINANCIAL ASSISTANCE AND CHARITABLE HEALTH COVERAGE). KAISER FOUNDATION HOSPITALS (KFH) PROVIDES CHARITY CARE TO LOW-INCOME VULNERABLE PATIENTS THROUGH THE MEDICAL FINANCIAL ASSISTANCE (MFA) AND CHARITABLE HEALTH COVERAGE (CHC) PROGRAMS. KFH OFFERS FINANCIAL ASSISTANCE THROUGH THE MFA PROGRAM TO HELP FAMILIES AND INDIVIDUALS WITH A DEMONSTRATED FINANCIAL NEED PAY FOR ALL OR PART OF THE COST OF EMERGENCY OR MEDICALLY NECESSARY CARE PROVIDED IN KAISER PERMANENTE FACILITIES AND/OR BY KAISER PERMANENTE PROVIDERS. IN 2021, THIS PROGRAM ASSISTED OVER 173,000 PATIENTS THROUGH FINANCIAL ASSISTANCE. THE CHC PROGRAMS OFFER REGULAR KAISER FOUNDATION HEALTH PLAN MEMBERSHIP AT MINIMAL COST TO LOW INCOME FAMILIES WHO ARE NOT ELIGIBLE FOR OTHER PUBLIC OR PRIVATELY SPONSORED COVERAGE. OVER 3,800 PATIENTS WERE RECEIVING ACCESS TO COMPREHENSIVE HEALTH CARE THROUGH THESE PROGRAMS AT THE END OF 2021.
SEE PART III, LINE 4A-D DESCRIPTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ha Luong Staff Nurse Ii | 50 | $997,157 | |
Gregory Adams Chairman & CEO | OfficerTrustee | 14.9 | $0 |
Chuck Bevilacqua Svp, Health Plan Svc & Admin | Officer | 10 | $0 |
George Disalvo Svp, CFO - Scal | Officer | 25 | $0 |
Jeffrey Collins Regional President - Nw | Officer | 25 | $0 |
Thomas Meier Svp, Corporate Treasurer | Officer | 18 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cardinal Health Consulting Services | 12/30/21 | $483,392,108 |
Rose International Inc Staffing Services | 12/30/21 | $673,085,655 |
Accenture International Limited Business Consulting | 12/30/21 | $200,337,016 |
Dpr Construction A General Partners Construction Svces | 12/30/21 | $191,057,417 |
Blackstone Consulting Inc Consulting Services | 12/30/21 | $226,418,833 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $156,348,548 |
| Investment income | $1,025,161,473 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,847,610 |
| Net Gain/Loss on Asset Sales | $2,025,746,758 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,211,510,582 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $17,134 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $402,221 |
| Other salaries and wages | $7,299,790,648 |
| Pension plan accruals and contributions | $1,254,463,204 |
| Other employee benefits | $1,326,074,259 |
| Payroll taxes | $501,646,761 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $877,282 |
| Fees for services: Accounting | $3,209,346 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $68,298,342 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,802,749 |
| Office expenses | $111,452,507 |
| Information technology | $1,431,813,095 |
| Royalties | $0 |
| Occupancy | $400,426,938 |
| Travel | $15,783,172 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,029,041 |
| Interest | $643,747,600 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,072,177,250 |
| Insurance | $75,421,574 |
| All other expenses | $0 |
| Total functional expenses | $27,108,684,819 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $243,926,620 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $526,904,548 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,233,571,794 |
| Inventories for sale or use | $926,063,942 |
| Prepaid expenses and deferred charges | $828,132,031 |
| Investments—publicly traded securities | $17,940,147,894 |
| Investments—other securities | $12,930,614,144 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,203,035,300 |
| Total assets | $56,349,630,157 |
| Accounts payable and accrued expenses | $2,861,944,023 |
| Grants payable | $0 |
| Deferred revenue | $403,529,655 |
| Tax-exempt bond liabilities | $5,247,410,000 |
| Escrow or custodial account liability | $53,370,329 |
| 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 | $16,528,521,148 |
| Total liabilities | $25,041,404,826 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $31,308,225,331 |
Grants Awarded
Over the last fiscal year, Kaiser Foundation Hospitals has awarded $191,441,133 in support to 1,078 organizations.
| Grant Recipient | Amount |
|---|---|
Oakland, CA PURPOSE: General Operating Support | $85,293,308 |
Oakland, CA PURPOSE: Support for Public Health | $25,805,393 |
Stockton, CA PURPOSE: Health Care Services | $13,347,059 |
San Francisco, CA PURPOSE: Research / Project Support | $2,135,549 |
Gardena, CA PURPOSE: Grant | $1,290,000 |
Washington, DC PURPOSE: Kaiser Permanente Uncf Scholars Program | $1,285,000 |
Grants Recieved
Over the last fiscal year, we have identified 23 grants that Kaiser Foundation Hospitals has recieved totaling $7,350,869.
| Awarding Organization | Amount |
|---|---|
Ray And Dagmar Dolby Family Fund San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $2,223,562 |
Ray And Dagmar Dolby Family Fund San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $1,865,000 |
Gordon E And Betty I Moore Foundation Palo Alto, CA PURPOSE: TO DETERMINE THE EPIDEMIOLOGY OF PRE-SEPSIS, INCLUDING IN AMBULATORY AND PRE-HOSPITAL CARE SETTINGS. | $600,838 |
Mayo Clinic Rochester, MN PURPOSE: SUPPORT CHARITABLE PROGRAMS | $500,629 |
Public Health Institute Oakland, CA PURPOSE: Research | $455,320 |
Cystic Fibrosis Foundation Bethesda, MD PURPOSE: CF CARE CENTER | $446,221 |
Endowment Analysis
| Beg. Balance | $185,760 |
| Earnings | $3,678 |
| Grants | $3,678 |
| Ending Balance | $185,760 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adventist Health System-West Roseville, CA | $3,327,906,475 | $789,421,387 |
Loma Linda Mercantile Loma Linda, CA | $5,623,174 | $892,472,678 |
Northbay Healthcare Group Fairfield, CA | $886,687,386 | $685,543,580 |
Health Care La Ipa Thousand Oaks, CA | $137,239,241 | $468,769,852 |
Legacy Health Portland, OR | $2,251,797,785 | $316,347,594 |
Banner-University Care Advantage Phoenix, AZ | $98,937,833 | $318,721,179 |
Community Hospitals Of Central California Fresno, CA | $153,264,006 | $240,202,775 |
Scottsdale Healthcare Corp Scottsdale, AZ | $207,971,546 | $191,671,427 |
Renown Health Reno, NV | $1,033,752,208 | $203,266,795 |
Hawaii Pacific Health Honolulu, HI | $964,668,065 | $186,549,374 |
Pacific Central Coast Health Centers San Francisco, CA | $98,611,320 | $151,805,152 |
Arch Health Partners Inc Poway, CA | $55,148,296 | $114,017,124 |