Emc Health Inc
- Assets
- $113.2m
- Revenue
- $9.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Turlock, CA
- Founding
- 07/1975
- Data as of
- 09/2021
- EIN
- 94-2281314
Organization Overview
Emc Health Inc is located in Turlock, CA. The organization was established in 1975. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Emc Health Inc 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 09/2021, Emc Health Inc generated $9.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $2.1m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATING ON THE FOUNDATION OF CHRISTIAN VALUES TO CREATE A HEALTHIER COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMANUEL MEDICAL CENTER ("EMC") WAS OWNED AND OPERATED BY THE EVANGELICAL COVENANT CHURCH, WHICH FOUNDED THE HOSPITAL IN 1917. AS OF JULY 31,2014, THE HOSPITAL, ACUTE CARE PORTION OF EMC WAS SOLD TO TENET HEALTHCARE CORPORATION. THE NAME CHANGE TO EMC HEALTH, INC. WAS INCLUDED IN THIS AGREEMENT. EMC HEALTH WILL CONTINUE TO PROVIDE COMMUNITY OUTREACH THROUGH JESSICA'S HOUSE AND EMC HEALTH FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Stuhmer President | OfficerTrustee | 40 | $0 |
Lawrence Anderson Treasurer/sec. | OfficerTrustee | 1 | $0 |
Wade Fullmer Director | Trustee | 1 | $0 |
Edward Montague Chairman | Trustee | 1 | $0 |
Keith Landmeier Director | Trustee | 1 | $0 |
Roger Oxendale Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $168,790 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $168,790 |
| Total Program Service Revenue | $12,773 |
| Investment income | $7,131,030 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$19,932 |
| Net Gain/Loss on Asset Sales | $1,140,283 |
| Net Income from Fundraising Events | $955,996 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,554,216 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $956,517 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $107,323 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $299,561 |
| Fees for services: Other | $1,423 |
| Advertising and promotion | $0 |
| Office expenses | $69,327 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $137,929 |
| Travel | $569 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $20,306 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,771 |
| Insurance | $288,971 |
| All other expenses | $14,544 |
| Total functional expenses | $2,093,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,020,476 |
| Savings and temporary cash investments | $9,412,560 |
| Pledges and grants receivable | $0 |
| 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 | $511,284 |
| Net Land, buildings, and equipment | $6,149,776 |
| Investments—publicly traded securities | $80,040,891 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,076,942 |
| Total assets | $113,211,929 |
| Accounts payable and accrued expenses | $647,772 |
| 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 | $2,951,104 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,598,876 |
| Net assets without donor restrictions | $100,365,908 |
| Net assets with donor restrictions | $9,247,145 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $113,211,929 |
Grants Awarded
Over the last fiscal year, Emc Health Inc has awarded $132,750 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
COVENANT CARE HOSPICE PURPOSE: FUNDRAISING PROCEEDS FOR HOSPICE | $83,667 |
EMANUEL MEDICAL CENTER PURPOSE: EMC YOGA CLASSES & MASSAGES | $25,833 |
EMANUEL MEDICAL CENTER PURPOSE: FREE MAMMOGRAMS FOR UNINSURED | $15,000 |
MISC NURSING SCHOLARSHIPS PURPOSE: TO ASSIST WITH NURSING EDUCATION | $8,250 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Emc Health Inc has recieved totaling $90,000.
| Awarding Organization | Amount |
|---|---|
Stanislaus Community Foundation Modesto, CA | | $70,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $10,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $7,174,716 |
| Earnings | $1,112,602 |
| Admin Expense | $24,843 |
| Net Contributions | $3,783,208 |
| Other Expense | $3,074,422 |
| Ending Balance | $8,971,261 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northern Cochise Community Hospital Inc Willcox, AZ | $20,177,243 | $20,842,048 |
Sharp Healthcare Foundation San Diego, CA | $131,027,036 | $23,927,952 |
Molokai General Hospital Kaunakakai Molokai, HI | $24,900,485 | $18,403,265 |
South Lyon Health Center Inc Yerington, NV | $12,479,449 | $17,444,997 |
Santa Teresita Inc Duarte, CA | $33,884,030 | $11,712,554 |
San Fernando Community Hospital San Fernando, CA | $15,167,403 | $13,045,007 |
Soulistic Medical Institute Tubac, AZ | $5,065,904 | $11,589,434 |
Mercy Foundation Rancho Cordova, CA | $58,980,931 | $11,466,050 |
Feather River Hospital Roseville, CA | $102,819,341 | $4,238,478 |
Surprise Valley Health Care District Cedarville, CA | $5,751,575 | $9,137,773 |
Sihanouk Hosiptal Corporation San Diego, CA | $2,845,780 | $8,524,601 |
Westcare Illinois Inc Las Vegas, NV | $4,249,058 | $8,201,821 |