Stanford Health Care 227
- Assets
- $7.6b
- Revenue
- $4.7b
- Investments
- $2.0b
- Employees
- 14,574
- Location
- Stanford, CA
- Founding
- 06/1959
- Data as of
- 08/2019
- EIN
- 94-6174066
Organization Overview
Stanford Health Care 227 is located in Stanford, CA. The organization was established in 1959. 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 08/2019, Stanford Health Care 227 employed 14,574 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 08/2019, Stanford Health Care 227 generated $4.7b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $4.3b during the year ending 08/2019. While expenses have increased by 4.1% 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 2015, Stanford Health Care 227 has awarded 94 individual grants totaling $240,364,856. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Entwistle Director/ceo | OfficerTrustee | 50 | $2,840,925 |
Quinn Mckenna COO | Officer | 50 | $1,501,697 |
Linda Hoff CFO | Officer | 50 | $1,165,864 |
Eric Yablonka Chief Information Officer | Officer | 50 | $1,077,590 |
David D Jones VP & Chief Hr Officer | 50 | $820,250 | |
James Martin Jr VP - Controller | 50 | $782,967 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stanford University Prof. Services | 8/30/19 | $774,003,181 |
Clarkmccarthy Construction Construction Company | 8/30/19 | $197,091,042 |
Amn Healthcare Inc Healthcare Staffing | 8/30/19 | $45,823,656 |
Philips Healthcare Healthcare Consult. | 8/30/19 | $24,415,639 |
Sodexo Inc Affiliates Facilities Mgmt | 8/30/19 | $18,030,630 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,789,010 |
| Investment income | $53,677,508 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $73,102,311 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,743,157,393 |
| 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. | $9,147,475 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,174,058,164 |
| Pension plan accruals and contributions | $104,205,818 |
| Other employee benefits | $462,111,286 |
| Payroll taxes | $98,922,918 |
| Fees for services: Management | $2,184,424 |
| Fees for services: Legal | $8,237,214 |
| Fees for services: Accounting | $2,012,339 |
| Fees for services: Lobbying | $897,277 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $79,239,264 |
| Advertising and promotion | $12,485,446 |
| Office expenses | $153,232,629 |
| Information technology | $41,307,956 |
| Royalties | $0 |
| Occupancy | $116,152,198 |
| Travel | $5,730,467 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,829,598 |
| Interest | $42,289,567 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $166,405,617 |
| Insurance | $24,106,491 |
| All other expenses | $0 |
| Total functional expenses | $4,286,085,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $900 |
| Savings and temporary cash investments | $465,140,037 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $695,209,257 |
| Loans from Officers, Directors, or Controlling Persons | $7,453,000 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $62,509,437 |
| Prepaid expenses and deferred charges | $64,755,634 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,008,269,371 |
| Investments—program-related | $236,276,500 |
| Intangible assets | $0 |
| Other assets | $529,052,336 |
| Total assets | $7,550,685,195 |
| Accounts payable and accrued expenses | $766,158,908 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $1,438,594,226 |
| 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 | $1,242,777,991 |
| Total liabilities | $3,447,531,125 |
| Net assets without donor restrictions | $3,426,358,921 |
| Net assets with donor restrictions | $667,364,372 |
| Capital stock or trust principal, or current funds | $9,430,777 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $4,103,154,070 |
Grants Awarded
Over the last fiscal year, Stanford Health Care 227 has awarded $79,556,326 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
Redwood City, CA PURPOSE: ACCESS TO CARE AND RESEARCH SUPPORT | $77,672,477 |
Berkeley, CA PURPOSE: MEDICAL SUPPLY AND EQUIPMENT DONATION | $619,763 |
Palo Alto, CA PURPOSE: SUPPORT COMMUNITY CLINIC | $376,103 |
Palo Alto, CA PURPOSE: COMMUNITY BASED HOME HEATH HOME PROGRAM | $175,024 |
GO COPIA PBC PURPOSE: FOOD DONATION | $128,677 |
East Palo Alto, CA PURPOSE: SUPPORT COMMUNITY CLINIC | $125,000 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Stanford Health Care 227 has recieved totaling $3,851,921.
| Awarding Organization | Amount |
|---|---|
Canary Fund Palo Alto, CA PURPOSE: Sanjiv Sam Gambhir Professorship | $2,750,000 |
Jay And Rose Phillips Family Foundation Of California San Francisco, CA PURPOSE: UNRESTRICTED | $1,000,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $50,421 |
Canary Fund Palo Alto, CA PURPOSE: Cancer Research | $31,500 |
Koret Foundation San Francisco, CA PURPOSE: STANFORD HEALTH CARE NURSE EDUCATION FUND | $20,000 |
Endowment Analysis
| Beg. Balance | $22,215,001 |
| Earnings | $1,301,214 |
| Net Contributions | $1,198,000 |
| Other Expense | $361,657 |
| Ending Balance | $24,352,558 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Renown Regional Medical Center Reno, NV | $920,238,119 | $918,236,960 |
Asante Medford, OR | $1,867,375,413 | $928,596,728 |
St Charles Health System Inc Bend, OR | $1,206,976,077 | $1,002,139,054 |
Eisenhower Medical Center Rancho Mirage, CA | $1,388,654,538 | $887,259,076 |
Grossmont Hospital Corporation San Diego, CA | $1,311,443,464 | $859,537,675 |
Santa Barbara Cottage Hospital Santa Barbara, CA | $1,817,093,511 | $837,598,218 |
Pasadena Hospital Association Ltd Pasadena, CA | $1,232,829,063 | $694,154,841 |
Torrance Memorial Medical Center Torrance, CA | $1,300,118,916 | $710,062,691 |
Enloe Medical Center Chico, CA | $693,760,224 | $675,267,384 |
Sky Lakes Medical Center Inc Klamath Falls, OR | $416,863,008 | $679,891,837 |
Pomona Valley Hospital Medical Center Pomona, CA | $712,754,800 | $677,656,158 |
Pih Health Hospital Whittier Whittier, CA | $1,422,637,395 | $696,894,160 |