Loma Linda University
- Assets
- $1.9b
- Revenue
- $388.6m
- Investments
- $547.1m
- Employees
- 2,682
- Location
- Loma Linda, CA
- Founding
- 01/1950
- Data as of
- 06/2022
- EIN
- 95-1816009
Organization Overview
Loma Linda University is located in Loma Linda, CA. The organization was established in 1950. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, Loma Linda University employed 2,682 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Loma Linda University 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 06/2022, Loma Linda University generated $388.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $345.1m during the year ending 06/2022. While expenses have increased by 1.5% per year over the past 7 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, Loma Linda University has awarded 59 individual grants totaling $47,808,852. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATING ETHICAL AND PROFICIENT CHRISTIAN HEALTH PROFESSIONALS AND SCHOLARS THROUGH INSTRUCTION, EXAMPLE, AND THE PURSUIT OF TRUTH; EXPANDING KNOWLEDGE THROUGH RESEARCH IN THE BIOLOGICAL, BEHAVIORAL, PHYSICAL, AND ENVIRONMENTAL SCIENCES AND APPLYING THIS KNOWLEDGE TO HEALTH AND DISEASE; PROVIDING COMPREHENSIVE, COMPETENT, AND COMPASSIONATE HEALTH CARE FOR THE WHOLE PERSON THROUGH FACULTY, STUDENTS, AND ALUMNI.
Describe the Organization's Program Activity:
LOMA LINDA UNIVERSITY SCHOOL OF MEDICINE OPENED IN 1909. IT HAS BEEN ACCREDITED SINCE THE 1920S AND IS A MEMBER OF THE AMERICAN ASSOCIATION OF MEDICAL SCHOOLS. THE SCHOOL TRAINS SKILLED MEDICAL PROFESSIONALS WITH A COMMITMENT TO CHRISTIAN SERVICE AND MANY OF THE 210 GRADUATES HAVE SPENT A YEAR OR MORE IN OVERSEAS MISSION SERVICE. MOST MEDICAL STUDENTS PARTICIPATE IN PROGRAMS THAT DELIVER MEDICAL CARE TO LOWER INCOME PEOPLE WHO HAVE LITTLE ACCESS TO BASIC MEDICAL CARE. ONE QUARTER OF THE PHYSICIANS IN CALIFORNIA'S "INLAND EMPIRE" ARE GRADUATES OF THE SCHOOL OF MEDICINE. DURING THE YEAR THE SCHOOL AWARDED THE FOLLOWING DEGREES: MD 147, PHD 10, MS 3.
LLU ALSO OPERATES SCHOOLS OF BEHAVIORAL HEALTH, NURSING, PUBLIC HEALTH, PHARMACY AND RELIGION. OUR INTEGRATED FOUNDATION DIVISION MANAGES OUR TRUST AND ENDOWMENT PORTFOLIOS, AND REAL ESTATES AND RETAIL SERVICES (SUCH AS THE BOOKSTORE AND MARKET). SUPPORTING SERVICES OPERATED BY LLU INCLUDE STUDENT SERVICES ACADEMIC AFFAIRS, ATHLETIC FACILITIES, FOOD SERVICES, GENERAL AND FINANCIAL ADMINISTRATION, INFORMATION SYSTEMS, CO-GENERATION FACILITY AND MAINTENANCE.
THE SCHOOL OF DENTISTRY TRAINS STUDENTS IN THE DENTAL SCIENCES TO SERVE IN VARIOUS SETTINGS THROUGHOUT THE WORLD. DURING THE YEAR STUDENTS RECEIVED DEGREES IN DENTISTRY, DENTAL HYGIENE AND THE INTERNATIONAL DENTIST AND EIGHT POST GRADUATE PROGRAMS. THERE WERE MORE THAN 90,000 PATIENT VISITS IN VARIOUS CLINICS WHERE STUDENTS HONE THEIR CLINICAL SKILLS AND PREPARE FOR BOARD EXAMINATIONS. STUDENTS VOLUNTEER FOR SERVICE IN MOBILE CLINICS, HEALTH FAIRS, AND COMMUNITY CLINICS. DENTAL FACULTY ARE ACTIVE IN ADVANCING KNOWLEDGE THROUGH INTERNATIONAL LECTURES.
SCHOOL OF ALLIED HEALTH PROFESSIONS PREPARES GRADUATES TO BE EMPLOYEES OF CHOICE FOR PREMIER ORGANIZATIONS AROUND THE WORLD BY PROVIDING THEM WITH PRACTICAL LEARNING EXPERIENCES THROUGH PARTNERSHIPS WITH THOSE OPEN TO SHARING OUR VISION. SINCE 1966 THE SCHOOL HAS BEEN TRAINING HIGHLY SKILLED AND DEDICATED HEALTH CARE PROFESSIONALS IN MANY FIELDS. WHATEVER THEIR SPECIALTY, GRADUATES ENJOY JOB SECURITY, GOOD PAYING WAGES, AND THE PLEASURES OF A PERSONALLY REWARDING CAREER. THE SCHOOL OFFERS OVER FIFTY SPECIALIZED HEALTH CARE DEGREE OPTIONS IN THE FIELDS OF CARDIOPULMONARY SCIENCES, CLINICAL LABORATORY SCIENCES, COMMUNICATION SCIENCES AND DISORDERS, HEALTH INFOMATICS AND INFORMATION MANAGEMENT AND ADMINISTRATION, NUTRITION AND DIETETICS, OCCUPATIONAL THERAPY, ORTHOTICS AND PROSTHETICS, PHYSICAL THERAPY, PHYSICIAN ASSISTANT SCIENCES, AND RADIATION TECHNOLOGY. DURING THE YEAR THE SCHOOL AWARDED THE FOLLOWING DEGREES: CERT/POST SECONDARY-21, ASSOCIATE-66, BACCALAUREATE-86, MASTER-137, DOCTORATE-85.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bradford Newton Trustee | Trustee | 1 | $0 |
Craig Carlos Trustee | Trustee | 1 | $0 |
David Williams Trustee (thru 3/2/22) | Trustee | 1 | $0 |
Douglas Hegstad Trustee | Trustee | 1 | $0 |
Erton Kohler Trustee | Trustee | 1 | $0 |
Eunmee Shim Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Loma Linda Mercantile Reseller Of Equip, Supplies & Services | 6/29/22 | $66,469,503 |
Loma Linda University Shared Services I Admin & It Support Services | 6/29/22 | $27,343,773 |
Loma Linda University Health Support & Risk Mgmt-insurance Services | 6/29/22 | $20,968,866 |
Loma Linda University Medical Center Hospital Services | 6/29/22 | $4,151,399 |
Loma Linda University Children's Hospita Hospital Services | 6/29/22 | $1,639,169 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $11,417,291 |
| Government grants | $5,448,022 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,728,272 |
| Noncash contributions included in lines 1a–1f | $512,338 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,593,585 |
| Total Program Service Revenue | $255,641,270 |
| Investment income | $12,456,951 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $972,552 |
| Net Rental Income | $2,365,726 |
| Net Gain/Loss on Asset Sales | $52,410,067 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $405,329 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $388,599,517 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $983,583 |
| Grants and other assistance to domestic individuals. | $23,966,096 |
| Grants and other assistance to Foreign Orgs/Individuals | $23,126 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $995,639 |
| Compensation of current officers, directors, key employees. | $85,190 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $111,613,422 |
| Pension plan accruals and contributions | $10,148,609 |
| Other employee benefits | $34,391,758 |
| Payroll taxes | $8,040,626 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $969,123 |
| Fees for services: Accounting | $601,329 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,619,899 |
| Fees for services: Other | $46,280,784 |
| Advertising and promotion | $200,311 |
| Office expenses | $11,073,735 |
| Information technology | $4,247,394 |
| Royalties | $0 |
| Occupancy | $33,153,630 |
| Travel | $992,173 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,820 |
| Interest | $8,883,778 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,707,163 |
| Insurance | $1,618,051 |
| All other expenses | $234,247 |
| Total functional expenses | $345,106,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,217,543 |
| Savings and temporary cash investments | $91 |
| Pledges and grants receivable | $3,191,567 |
| Accounts receivable, net | $41,932,955 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,475,886 |
| Prepaid expenses and deferred charges | $11,808,931 |
| Net Land, buildings, and equipment | $840,439,205 |
| Investments—publicly traded securities | $254,695,115 |
| Investments—other securities | $547,070,838 |
| Investments—program-related | $51,920,203 |
| Intangible assets | $0 |
| Other assets | $137,137,310 |
| Total assets | $1,899,889,644 |
| Accounts payable and accrued expenses | $44,113,649 |
| Grants payable | $0 |
| Deferred revenue | $49,146,317 |
| Tax-exempt bond liabilities | $171,426,963 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $53,545,953 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $792,884,458 |
| Total liabilities | $1,111,117,340 |
| Net assets without donor restrictions | $698,217,066 |
| Net assets with donor restrictions | $90,555,238 |
| 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 | $1,899,889,644 |
Grants Awarded
Over the last fiscal year, Loma Linda University has awarded $973,583 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
LOMA LINDA UNIVERSITY SDA CHURCH PURPOSE: SUPPORT FOR CHURCH EXPANSION | $187,500 |
SAC HEALTH SYSTEM PURPOSE: TO SUPPORT HEALTHCARE AND EDUCATIONAL SERVICES IN UNDERSERVED AREA OF SAN BERNARDINO | $583,333 |
FOOD IN NEED OF DISTRIBUTION INC PURPOSE: FRESH PRODUCE PROCUREMENT & DISTRIBUTION FOR DESERT COMMUNITIES | $55,000 |
MAKING HOPE HAPPEN FOUNDATION PURPOSE: SUPPORT TO PROVIDE RESOURCES IN THE COMMUNITY FOR STUDENTS LEARNING | $55,000 |
BIG BROTHERS BIG SISTERS OF ORANGE COUNTY & THE INLAND EMPIRE PURPOSE: TO PROVIDE MENTORING TO AT RISK YOUTH TO DEVELOP POSITIVE GROWTH AND OPPORTUNITY TO ACHIEVE BETTER ACADEMIC SUCCESS | $15,000 |
OMPRAKASH INC PURPOSE: TO SUPPORT FOOD SUSTAINABILITY FOR BLACK FAMILIES DUE TO INCARCERATION | $55,000 |