Valley Childrens Hospital
- Assets
- $1.8b
- Revenue
- $769.1m
- Investments
- $149.9m
- Employees
- 3,917
- Location
- Madera, CA
- Founding
- 11/1954
- Data as of
- 09/2020
- EIN
- 94-1294954
Organization Overview
Valley Childrens Hospital is located in Madera, CA. The organization was established in 1954. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Valley Childrens Hospital employed 3,917 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Childrens Hospital 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 09/2020, Valley Childrens Hospital generated $769.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $676.8m during the year ending 09/2020. While expenses have increased by 4.0% 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 2015, Valley Childrens Hospital has awarded 70 individual grants totaling $76,916,720. 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
PROVIDE HIGH QUALITY, COMPREHENSIVE HEALTHCARE SERVICES TO CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Suntrapak CEO | OfficerTrustee | 17.5 | $3,946,200 |
Jessie Hudgins Vp, Facilities | Officer | 40 | $1,042,625 |
Michele R Waldron Svp, CFO | Officer | 18.5 | $1,005,629 |
David Christensen Svp, Cpe & Pres Vcmg | Officer | 27 | $972,927 |
Beverly Hayden-Pugh Svp, Clinical Int, Patient | Officer | 18 | $920,360 |
Michael Goldring SVP Strategic Partnerships | Officer | 40 | $677,085 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Valley Children's Medical Group Subspec Physician Services | 9/29/21 | $44,470,000 |
Pediatric Anethesia Associates Anethesia/critical Care | 9/29/21 | $14,363,673 |
Vizient Inc & Associates Temp Nurses | 9/29/21 | $5,540,357 |
Sodexo Inc & Associates Housekeeping Services | 9/29/21 | $5,510,567 |
Tech Knowledge & Associates Construction Services | 9/29/21 | $4,429,654 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,292,863 |
| Investment income | $16,728,559 |
| Tax Exempt Bond Proceeds | $1,314,996 |
| Royalties | $0 |
| Net Rental Income | $198,897 |
| Net Gain/Loss on Asset Sales | $25,924,428 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $144,632 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $769,133,065 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $202,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $23,603,045 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $208,186,800 |
| Pension plan accruals and contributions | $14,536,120 |
| Other employee benefits | $70,375,780 |
| Payroll taxes | $18,542,070 |
| Fees for services: Management | $4,608,839 |
| Fees for services: Legal | $1,423,869 |
| Fees for services: Accounting | $226,496 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,378,922 |
| Fees for services: Other | $81,665,983 |
| Advertising and promotion | $2,113,762 |
| Office expenses | $104,111,539 |
| Information technology | $10,081,377 |
| Royalties | $0 |
| Occupancy | $6,196,445 |
| Travel | $641,487 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $234,534 |
| Interest | $12,231,968 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,323,126 |
| Insurance | $4,505,976 |
| All other expenses | $0 |
| Total functional expenses | $676,808,570 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $656,090 |
| Savings and temporary cash investments | $453,279,674 |
| Pledges and grants receivable | $393,666 |
| Accounts receivable, net | $99,329,099 |
| Loans from Officers, Directors, or Controlling Persons | $32,867,599 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $13,636,578 |
| Prepaid expenses and deferred charges | $26,182,532 |
| Investments—publicly traded securities | $550,686,376 |
| Investments—other securities | $149,854,533 |
| Investments—program-related | $43,000,249 |
| Intangible assets | $0 |
| Other assets | $104,803,431 |
| Total assets | $1,839,248,835 |
| Accounts payable and accrued expenses | $80,256,332 |
| Grants payable | $0 |
| Deferred revenue | $153,091,859 |
| 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 | $304,641,573 |
| Total liabilities | $537,989,764 |
| 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 | $1,301,259,071 |
Grants Awarded
Over the last fiscal year, Valley Childrens Hospital has awarded $537,173 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Madera, CA PURPOSE: DONATION | $235,100 |
Fresno, CA PURPOSE: SPONSORSHIP | $75,000 |
Fresno, CA PURPOSE: SPONSORSHIP | $50,000 |
Fresno, CA PURPOSE: SPONSORSHIP | $44,937 |
Modesto, CA PURPOSE: SPONSORSHIP | $25,000 |
Oakland, CA PURPOSE: SCHOOL HEALTH & WELLNESS | $24,436 |
Grants Recieved
Over the last fiscal year, we have identified 21 grants that Valley Childrens Hospital has recieved totaling $1,035,345.
| Awarding Organization | Amount |
|---|---|
Leon S Peters Foundation Fresno, CA PURPOSE: FUNDS FOR OPERATION AND ADMINISTRATION | $205,000 |
Cystic Fibrosis Foundation Bethesda, MD PURPOSE: CF CARE CENTER | $193,019 |
Public Health Institute Oakland, CA PURPOSE: Research | $110,250 |
Isnardi Foundation Fresno, CA PURPOSE: MEDICATION SUPPLIES OVERHEAD EXPENSES | $100,000 |
Carl And Lulu Mitchell Family Foundation Clovis, CA PURPOSE: FUNDS FOR OPERATION AND ADMINISTRATION | $100,000 |
Cystic Fibrosis Foundation Bethesda, MD PURPOSE: CLINICAL RESEARCH CENTER | $90,275 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Hospital Of Orange County Orange, CA | $1,359,092,221 | $992,003,540 |
Valley Childrens Hospital Madera, CA | $1,839,248,835 | $769,133,065 |
Childrens Hospital & Research Center At Oakland Oakland, CA | $822,667,087 | $648,728,554 |
Casa Colina Hospital And Centers For Healthcare Pomona, CA | $87,824,424 | $102,811,572 |
Orthopaedic Hospital Los Angeles, CA | $321,251,598 | $66,783,859 |
Childrens Hospital At Mission Orange, CA | $55,659,576 | $65,022,734 |
Barlow Respiratory Hospital Los Angeles, CA | $108,306,008 | $66,669,998 |
Rehabilitation Hospital Of The Pacific Honolulu, HI | $92,438,994 | $51,014,066 |
Choc Foundation Orange, CA | $110,874,633 | $39,351,091 |
Hacienda Inc Phoenix, AZ | $14,483,649 | $24,771,824 |
Translational Pulmonary And Immunology Research Center Long Beach, CA | $5,349,856 | $21,502,717 |
Spectrum Medical Care Center Phoenix, AZ | $14,172,193 | $21,663,529 |