Cedars-Sinai Medical Center

Organization Overview

Cedars-Sinai Medical Center is located in Los Angeles, CA. The organization was established in 1964. 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 06/2021, Cedars-Sinai Medical Center employed 17,096 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedars-Sinai Medical Center 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 06/2021, Cedars-Sinai Medical Center generated $4.5b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $3.6b during the year ending 06/2021. While expenses have increased by 3.6% 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, Cedars-Sinai Medical Center has awarded 1,060 individual grants totaling $269,247,644. 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDING QUALITY HEALTHCARE IS OUR PRIORITY. WE ALSO IMPROVE HEALTH THROUGH BIOMEDICAL RESEARCH, EDUCATION AND COMMUNITY BENEFIT PROGRAMS.

Describe the Organization's Program Activity:

CLINICAL CARE:CEDARS-SINAI IS A NONPROFIT ACADEMIC HEALTHCARE ORGANIZATION SERVING THE DIVERSE LOS ANGELES COMMUNITY AND BEYOND. WITH PIONEERING MEDICAL RESEARCH ACHIEVEMENTS, EDUCATION PROGRAMS DEFINING THE FUTURE OF HEALTHCARE, AND WIDE-RANGING COMMUNITY BENEFIT ACTIVITIES, CEDARS-SINAI IS SETTING NEW STANDARDS FOR QUALITY AND INNOVATION INPATIENT CARE.(SEE SCHEDULE O FOR CONTINUATION)(CONTINUED)IN FISCAL YEAR 2021, CEDARS-SINAI MEDICAL CENTER REPORTED 270,700 INPATIENT DAYS (APPROXIMATELY 740 PER DAY), AND 886,835 OUTPATIENT VISITS. THERE WERE 44,882 INPATIENT ADMISSIONS, AND 80,317 EMERGENCY DEPARTMENT VISITS. CEDARS-SINAI'S EMERGENCY DEPARTMENT SERVES THE ENTIRE REGION AS ONE OF ONLY FOUR REMAINING LEVEL I TRAUMA CENTERS IN LOS ANGELES COUNTY (AND THE ONLY ONE NOT OPERATED BY THE GOVERNMENT), WITH STAFFING AND TECHNOLOGY TO TREAT THE MOST SEVERELY INJURED ACCIDENT AND NATURAL DISASTER VICTIMS. AS ONE OF THE LARGEST ACADEMIC MEDICAL CENTERS IN THE WESTERN UNITED STATES, CEDARS-SINAI PROVIDES MANY HIGHLY SPECIALIZED SERVICES THAT ARE NOT AVAILABLE AT MOST OTHER HOSPITALS, AND WHICH REQUIRE A SIGNIFICANT INFRASTRUCTURE OF TECHNOLOGY AND EXPERT STAFFING. FOR EXAMPLE, IN FISCAL YEAR 2021, CEDARS-SINAI PERFORMED 130 HEART TRANSPLANTS, AMONG THE MOST OF ANY HOSPITAL IN THE WORLD. PATIENTS WITH ADVANCED HEART DISEASE COME TO CEDARS-SINAI BECAUSE OF THE EXPERTISE OF ITS CARDIOLOGISTS AND CARDIAC SURGEONS, AND BECAUSE CEDARS-SINAI HAS THE INFRASTRUCTURE TO OFFER HEART TRANSPLANTS AS WELL AS NEWER TECHNOLOGIES TO TREAT ADVANCED HEART DISEASE. CEDARS-SINAI'S SERVICES FOR CANCER PATIENTS ARE SIMILARLY BROAD IN SCOPE AND SIZE. IN FISCAL YEAR 2021, CEDARS-SINAI CANCER SERVED 8,103 INPATIENTS AND 368,414 OUTPATIENTS AND DELIVERED 53,011 INFUSIONS.CEDARS-SINAI IS COMBATING THE COVID-19 PANDEMIC WITH GRIT, EXPERTISE AND COMMITMENT. CEDARS-SINAI'S CLINICIANS, LEADERSHIP, DONORS, PATIENTS AND PARTNERING ORGANIZATIONS BANDED TOGETHER TO CARE FOR THOSE WHO WERE ILL, LEARN MORE ABOUT THE DISEASE AND ITS WIDE-RANGING EFFECTS, AND SERVE THE NEIGHBORS IN NEED. TO ASSIST PATIENTS EXPERIENCING ONGOING COVID-19 SYMPTOMS, CEDARS-SINAI LAUNCHED THE MULTIDISCIPLINARY COVID-19 RECOVERY PROGRAM, WHICH PROVIDES A COMPREHENSIVE EVALUATION OF EACH PATIENT AND CONNECTS THEM TO APPROPRIATE SPECIALTY CARE, INCLUDING CARDIOLOGY, PULMONOLOGY, NEUROLOGY, AND PHYSICAL MEDICINE AND REHABILITATION. THE PROGRAM ALSO OFFERS AN OPPORTUNITY FOR CEDARS-SINAI RESEARCHERS TO LEARN MORE ABOUT PATIENTS WHO SUFFER DEBILITATING EFFECTS FOR MONTHS FOLLOWING THEIR INFECTION. MORE THAN 1,000 PATIENTS RECOVERING FROM COVID-19 HAVE BEEN SERVED SO FAR. THE PROGRAM WAS HONORED AS THE 2021 "BEST NEW PRODUCT OR SERVICE" BY THE LOS ANGELES BUSINESS JOURNAL.


RESEARCH:CEDARS-SINAI SCIENTISTS AND PHYSICIAN-RESEARCHERS WERE ENGAGED IN MORE THAN 2,300 ACTIVE RESEARCH PROJECTS AND 759 CLINICAL TRIALS AIMED AT ADVANCING NEW TREATMENTS FOR PATIENTS SUFFERING FROM HEART DISEASE, BRAIN DISORDERS, CANCERS AND INNUMERABLE OTHER CONDITIONS. CEDARS-SINAI IS ALSO PIONEERING RESEARCH THAT IMPROVES THE QUALITY AND EFFICIENCY OF HEALTHCARE DELIVERY IN UNDERSERVED COMMUNITIES. CEDARS-SINAI PHYSICIAN SCIENTISTS PUBLISHED OVER 2,700 FACULTY PEER-REVIEWED PUBLICATIONS. (SEE SCHEDULE O FOR CONTINUATION)(CONTINUED)WHILE SOME OF THESE RESEARCH PROJECTS ARE FUNDED IN PART OR IN WHOLE BY FUNDS FROM THE NATIONAL INSTITUTES OF HEALTH OR OTHER GOVERNMENT AGENCIES, MANY ARE FUNDED BY CEDARS-SINAI, ESPECIALLY SEED GRANTS TO SUPPORT INNOVATIVE NEW RESEARCH. IN FISCAL YEAR 2021, CEDARS-SINAI PROVIDED $103,307,330 TOWARD RESEARCH PROJECTS, WHILE NIH AND OTHER GRANTS PROVIDED $152,569,623.IN CEDARS-SINAI LABORATORIES AND CLINICS, INVESTIGATORS DEVELOP AND TEST NEW IDEAS, EXPLORE THE GENETIC UNDERPINNINGS OF DISEASE, REALIZE THE POTENTIAL OF STEM CELLS, LEVERAGE TECHNOLOGY, AND ASSESS HOW GENDER AND METABOLISM AFFECT HEALTH. CEDARS-SINAI PUSHES FORWARD THE FRONTIERS OF BIOMEDICAL KNOWLEDGE TO PIONEER PRECISION THERAPIES, NOVEL DIAGNOSTIC TOOLS AND SOPHISTICATED NEW SURGICAL TECHNIQUES TO ENHANCE THE LIVES OF MEN, WOMEN AND CHILDREN WORLDWIDE. IN FISCAL YEAR 2021, FOR EXAMPLE, CEDARS-SINAI HAD MORE THAN 100 ACTIVE COVID-19 RELATED RESEARCH PROJECTS THAT WERE UNDERWAY TO HELP UNDERSTAND THE CORONAVIRUS AND FIND EFFECTIVE TREATMENTS.


TRAINING FOR PHYSICIANS AND OTHER HEALTH PROFESSIONALS:FROM THE CLASSROOM TO THE CLINIC, FROM HIGH SCHOOLERS TO GRADUATE STUDENTS AND RESIDENTS, CEDARS-SINAI IS AN EPICENTER OF EDUCATION, MENTORING AND INSPIRATION FOR YOUNG PEOPLE AND FUTURE LEADERS. CEDARS-SINAI'S EDUCATIONAL MISSION IS KEY TO ENSURING A LEGACY OF HIGH-QUALITY SCIENCE AND PATIENT CARE FOR GENERATIONS TO COME. IN FISCAL YEAR 2021, CEDARS-SINAI'S NET COST OF PROVIDING THESE TRAINING PROGRAMS WAS $101,684,971.(SEE SCHEDULE O FOR CONTINUATION)(CONTINUED)619 MEDICAL STUDENTS WERE IN CLINICAL TEACHING ROTATIONS IN NEARLY 100 SPECIALTY AND SUBSPECIALTY AREAS AT CEDARS-SINAI IN FISCAL YEAR 2021. AT ITS NINTH ANNUAL COMMENCEMENT, THE GRADUATE SCHOOL OF BIOMEDICAL SCIENCES AWARDED 17 DOCTORAL AND 33 MASTER'S DEGREES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Bright Horizons
Employee Family Care Services
$9,751,409
Community Urgent Care Med Grp
Urgent Care Medical Services
$19,694,298
Aya Healthcare Inc
Staffing Services
$9,909,838
Ntt Data Services Llc
It Consulting Services
$7,778,499
Dva Renal Healthcare Inc
Hemodialysis Services
$12,750,847
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,309,547
Related organizations$0
Government grants $203,485,563
All other contributions, gifts, grants, and similar amounts not included above$280,575,279
Noncash contributions included in lines 1a–1f $6,262,025
Total Revenue from Contributions, Gifts, Grants & Similar$485,370,389
Total Program Service Revenue$3,755,748,269
Investment income $45,089,775
Tax Exempt Bond Proceeds $0
Royalties $17,489,543
Net Rental Income $0
Net Gain/Loss on Asset Sales $140,571,736
Net Income from Fundraising Events -$56,749
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,483,301,756

Grants Awarded

Over the last fiscal year, Cedars-Sinai Medical Center has awarded $30,944,009 in support to 161 organizations.

Grant RecipientAmount

CALIFORNIA COMMUNITY FOUNDATION

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: GENERAL SUPPORT; COMMUNITY INITIATIVE GRANT; HEALTH AND WELLNESS GRANT

$5,798,750

UNIHEALTH FOUNDATION

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: HEALTH AND WELLNESS GRANT

$5,000,000

SOCIAL VENTURE PARTNERS LOS ANGELES INC

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: HOMELESSNESS AND HOUSING GRANT

$3,000,000

BRILLIANT CORNERS

Org PageRecipient Profile

San Francisco, CA

PURPOSE: GENERAL SUPPORT; AFFORDABLE HOUSING FOR SENIORS GRANT

$2,575,000

COMMUNITY CLINIC ASSOCIATION OF LOS ANGELES COUNTY

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: HEALTH AND WELLNESS GRANT; CIVIC ENGAGEMENT GRANT

$1,875,000

LA FAMILY HOUSING CORP

Org PageRecipient Profile

North Hollywood, CA

PURPOSE: HOUSING GRANT

$850,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Cedars-Sinai Medical Center has recieved totaling $359,012.

Awarding OrganizationAmount
Kerlan-Jobe Orthopaedic Foundation

Encino, CA

PURPOSE: Medical research

$163,712
Margaret E Early Medical Research Tr

Glendale, CA

PURPOSE: MEDICAL GRANT

$75,000
Selkowitz Family Foundation

Stamford, CT

PURPOSE: HELP TO PROVIDE EXCELLENCE IN PATIENT CARE, MEDICAL RESEARCH, EDUCATION FOR HEALTH PROFESSIONALS AND COMMUNITY OUTREACH.

$62,000
Csp Family Foundation

Summit, NJ

PURPOSE: GENERAL

$25,000
Collingwood Foundation

Los Angeles, CA

PURPOSE: UNRESTRICTED OPERATIONAL SUPPORT

$20,000
George H Scanlon Foundation

Okoboji, IA

PURPOSE: GENERAL OPERATING BUDGET

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$923,370,443
Earnings$206,650,800
Net Contributions$64,822,110
Other Expense$13,764,803
Ending Balance$1,181,078,550

Peer Organizations

Organization NameAssets
Asante
Medford, OR
$1,067,000,527
Grossmont Hospital Corporation
San Diego, CA
$963,761,157
Renown Regional Medical Center
Reno, NV
$918,236,960
Eisenhower Medical Center
Rancho Mirage, CA
$887,259,076
Santa Barbara Cottage Hospital
Santa Barbara, CA
$820,638,690
Pasadena Hospital Association Ltd
Pasadena, CA
$740,897,251
Enloe Medical Center
Chico, CA
$814,037,880
Torrance Memorial Medical Center
Torrance, CA
$749,888,639
Pomona Valley Hospital Medical Center
Pomona, CA
$699,695,626
Tucson Medical Center
Tucson, AZ
$712,683,954
Sky Lakes Medical Center Inc
Klamath Falls, OR
$667,970,427
Pih Health Hospital Whittier
Whittier, CA
$696,894,160

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