City Of Hope National Medical Center
- Assets
- $2.8b
- Revenue
- $1.6b
- Investments
- $231.7m
- Employees
- 6,723
- Location
- Duarte, CA
- Founding
- 09/1982
- Data as of
- 09/2021
- EIN
- 95-1683875
Organization Overview
City Of Hope National Medical Center is located in Duarte, CA. The organization was established in 1982. 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, City Of Hope National Medical Center employed 6,723 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City Of Hope National 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 09/2021, City Of Hope National Medical Center generated $1.6b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $1.6b during the year ending 09/2021. While expenses have increased by 9.4% 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 2018, City Of Hope National Medical Center has awarded 13 individual grants totaling $10,713,437. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE COMPASSIONATE MEDICAL CARE TO PEOPLE WITH CANCER AND OTHER LIFE-THREATENING DISEASES. SUPPORT RESEARCH THAT MAY BRING INNOVATIVE TREATMENTS TO PATIENTS.
Describe the Organization's Program Activity:
PATIENT CARE: THE MEDICAL CENTER PROVIDES ACUTE-CARE MEDICAL SERVICES FOR PATIENTS BEING TREATED FOR SOME FORM OF CANCER, INCLUDING LEUKEMIA AND LYMPHOMA, COLORECTAL, PROSTATE, GYNECOLOGIC AND BREAST CANCERS. ALL PATIENTS TREATED AT THE MEDICAL CENTER BENEFIT FROM THE LATEST TECHNOLOGIES INCLUDING THOSE DERIVED FROM TRANSLATIONAL MEDICINE, ACHIEVED BY COLLABORATION BETWEEN MEMBERS OF THE PATIENT CARE TEAMS AND THE SCIENTIFIC AND BENCH RESEARCH ACTIVITIES PERFORMED THROUGHOUT THE ORGANIZATION. CONTINUED ON SCHEDULE O, PART III, LINE 4A
RESEARCH: THE MEDICAL CENTER FUNDS A VARIETY OF CLINICAL AND LABORATORY RESEARCH ACTIVITIES FOCUSED ON FINDING CURES AND TREATMENTS FOR CANCER AND OTHER LIFE-THREATENING DISEASES FOR WHICH GRANT AND EXTRAMURAL FUNDING IS NOT AVAILABLE. COUPLED WITH THE BECKMAN RESEARCH INSTITUTE, THE MEDICAL CENTER HAS A LONG HISTORY OF SIGNIFICANT RESEARCH CONTRIBUTIONS IN CANCER TREATMENT THERAPIES, DIABETES AND OTHER DISEASES. CONTINUED ON SCHEDULE O, PART III, LINE 4B
PUBLIC INFORMATION AND EDUCATION: THE MEDICAL CENTER IS COMMITTED TO SERVING THE COMMUNITY THROUGH EDUCATION AND SUPPORT SERVICES TO INFORM AND EDUCATE THE PUBLIC THROUGH CANCER AWARENESS PROGRAMS, HEALTH EVENTS AND EDUCATIONAL FORUMS FOR COMMUNITY GROUPS AND BUSINESSES. CONTINUED ON SCHEDULE O, PART III, LINE 4C
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael A Caligiuri MD President - Medical Center | Officer | 54 | $1,736,001 |
Robert Stone Former President/ceo | 18 | $944,249 | |
Annette Walker President Of Coh Oc Cancer Ctr | 39 | $897,593 | |
Susan J Brown SVP Chief Nursing | Officer | 60 | $856,972 |
Harlan Levine Pres Strategy & Bus. Ventures | 18 | $551,516 | |
Steven T Rosen MD Provost, Cancer Ctr Director | 17 | $462,234 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hensel Phelps Construction Co Construction Svcs | 9/29/21 | $15,808,189 |
Devcool Consulting Services | 9/29/21 | $14,611,027 |
Infinite Computer Solutions Outsourced It Svcs | 9/29/21 | $16,172,179 |
Hathaway Dinwiddie Construction Co Construction Svcs | 9/29/21 | $15,768,125 |
Layton Construction Co Inc Construction Svcs | 9/29/21 | $12,966,375 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $20,834,739 |
| Government grants | $24,505,796 |
| All other contributions, gifts, grants, and similar amounts not included above | $659,592 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,000,127 |
| Total Program Service Revenue | $1,516,427,916 |
| Investment income | $13,030,506 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $117,579 |
| Net Gain/Loss on Asset Sales | $39,402,144 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,624,218,070 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $700,747 |
| 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. | $4,598,203 |
| Compensation of current officers, directors, key employees. | $4,451,827 |
| Compensation to disqualified persons | $186,021 |
| Other salaries and wages | $540,136,912 |
| Pension plan accruals and contributions | $23,704,789 |
| Other employee benefits | $62,843,986 |
| Payroll taxes | $38,393,196 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,211,545 |
| Fees for services: Accounting | $1,290,706 |
| Fees for services: Lobbying | $416,034 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,303,405 |
| Fees for services: Other | $244,938,181 |
| Advertising and promotion | $18,274,760 |
| Office expenses | $107,526,170 |
| Information technology | $39,974,696 |
| Royalties | $20,600 |
| Occupancy | $17,863,377 |
| Travel | $952,622 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,668,364 |
| Interest | $23,380,171 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $96,082,859 |
| Insurance | $2,205,090 |
| All other expenses | $9,753,268 |
| Total functional expenses | $1,590,482,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,665,178 |
| Savings and temporary cash investments | $4,016,984 |
| Pledges and grants receivable | $87,429,136 |
| Accounts receivable, net | $276,547,166 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,187,091 |
| Inventories for sale or use | $25,149,374 |
| Prepaid expenses and deferred charges | $24,522,570 |
| Net Land, buildings, and equipment | $1,006,063,606 |
| Investments—publicly traded securities | $727,189,512 |
| Investments—other securities | $231,733,443 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $426,808,221 |
| Total assets | $2,832,312,281 |
| Accounts payable and accrued expenses | $307,322,551 |
| Grants payable | $0 |
| Deferred revenue | $92,910,215 |
| Tax-exempt bond liabilities | $543,510,712 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $600,000,000 |
| Unsecured mortgages and notes payable | $19,448,739 |
| Other liabilities | $436,100,110 |
| Total liabilities | $1,999,292,327 |
| Net assets without donor restrictions | $833,019,954 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,832,312,281 |
Grants Awarded
Over the last fiscal year, City Of Hope National Medical Center has awarded $9,251,243 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Duarte, CA PURPOSE: SEE PART IV. | $8,000,000 |
Sacramento, CA PURPOSE: SEE PART IV. | $642,684 |
Phoenix, AZ PURPOSE: SEE PART IV. | $516,816 |
DUARTE SENIOR CENTER PURPOSE: SEE PART IV. | $46,743 |
Los Angeles, CA PURPOSE: SEE PART IV. | $20,000 |
Los Angeles, CA PURPOSE: SEE PART IV. | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that City Of Hope National Medical Center has recieved totaling $1,290,745.
| Awarding Organization | Amount |
|---|---|
Leukemia & Lymphoma Society Inc Rye Brook, NY PURPOSE: RESEARCH GRANT | $400,000 |
Organization Name not Listed PURPOSE: ENHANCING CHIMERIC ANTIGEN RECEPTOR (CAR) T CELL THERAPY FOR GLIOBLASTOMA THROUGH THE INDUCTION OF IFN-SIGNALING PATHWAYS. THIS APPROACH AIMS TO ADDRESS TWO OF THE MAJOR CHALLENGES OF IMMUNOTHERAPIES FOR GBM, THE IMMUNOSUPPRESSIVE TUMOR MICROENVIRONMENT (TME) AND THE TUMOR HETEROGENEITY. PAYMENT 2 OF 2. | | $300,000 |
Spirit & Word Ministries Inc Phoenix, AZ PURPOSE: CANCER RESEARCH | $212,500 |
Mayo Clinic Rochester, MN PURPOSE: SUPPORT CHARITABLE PROGRAMS | $107,500 |
H N And Frances C Berger Foundation Palm Desert, CA PURPOSE: TRAINING PROGRAM | $100,000 |
The Cheesecake Factory-Oscar And Evelyn Overton Charitable Foundati Calabasas Hills, CA PURPOSE: Cancer research | $80,000 |
Endowment Analysis
| Beg. Balance | $63,077,663 |
| Earnings | $10,880,364 |
| Ending Balance | $73,958,027 |
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 |