Goleta Valley Cottage Hospital

Organization Overview

Goleta Valley Cottage Hospital is located in Santa Barbara, CA. The organization was established in 1997. 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 12/2021, Goleta Valley Cottage Hospital employed 334 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goleta Valley Cottage Hospital 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 12/2021, Goleta Valley Cottage Hospital generated $113.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $89.2m during the year ending 12/2021. While expenses have increased by 2.6% 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 2014, Goleta Valley Cottage Hospital has awarded 36 individual grants totaling $2,898,324. 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

IT IS THE MISSION OF GOLETA VALLEY COTTAGE HOSPITAL TO PROVIDE SUPERIOR HEALTH CARE FOR AND IMPROVE THE HEALTH CARE OF OUR COMMUNITIES THROUGH A COMMITMENT TO OUR CORE VALUES OF EXCELLENCE, INTEGRITY, AND COMPASSION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GOLETA VALLEY COTTAGE HOSPITAL IS A 52-BED ACUTE-CARE HOSPITAL LOCATED IN THE CITY OF GOLETA. IN 2021 THE HOSPITAL HAD 3,060 PATIENT DAYS AND SERVED 53,670 OUTPATIENTS, INCLUDING EMERGENCY SERVICES TO 18,971 PATIENTS. THE HOSPITAL PROVIDES A WIDE ARRAY OF INPATIENT AND OUTPATIENT SERVICES, INCLUDING BUT NOT LIMITED TO CARDIAC, ORTHOPEDIC, WOUND CARE, BREAST CARE AND EMERGENCY SERVICES. GOLETA VALLEY COTTAGE HOSPITAL IS DILIGENT TO ENSURE THAT ALL PATIENTS HAVE ADEQUATE ACCESS TO HEALTHCARE. ALL PATIENTS WHO DO NOT PRESENT WITH INSURANCE ARE AUTOMATICALLY SCREENED FOR ELIGIBILITY IN GOVERNMENT HEALTH PROGRAMS AND ARE ASSISTED IN APPLYING FOR FINANCIAL ASSISTANCE IF THE PATIENT DOES NOT QUALIFY FOR ANY OTHER ASSISTANCE. GOLETA VALLEY COTTAGE HOSPITAL PROVIDES CRITICAL FUNDING FOR COMMUNITY HEALTH, FINANCIAL ASSISTANCE PROGRAMS, AND EXTERNAL GRANTS, WHILE ALSO REALIZING SHORTFALLS IN MEDICARE, MEDI-CAL, AND INDIGENT CARE. EXTERNAL GRANTS WERE PROVIDED WHICH AIMED AT SPECIFIC COMMUNITY NEEDS FOR AT RISK POPULATIONS (INDIGENT HEALTH; SUBSTANCE ABUSE RECOVERY; ELDERLY; FAMILY COUNSELING; COVID EDUCATION). IN ADDITION, THE HOSPITAL PROVIDES SUPPORT OF NURSING EDUCATION, HEALTH FAIRS, AND THE PROVISION OF FLU SHOTS TO THE COMMUNITY. IN 2021, AS A RESULT OF THE COVID OUTBREAK, THE HOSPITAL WAS AN ACTIVE PARTNER IN ADDRESSING ANTICIPATED NEEDS OF THE COMMUNITY SUCH AS HOSTING THE CITY'S LARGEST MASS VACCINATION SITE, DEALING WITH COVID BY SHIFTING PERSONNEL AND RESOURCES, ENSURING AVAILABILITY OF HOSPITAL ACCOMMODATIONS , AND EDUCATING THE COMMUNITY. IN 2021 THE HOSPITAL SPENT OVER $16.5 MILLION ON ALL COMMUNITY BENEFIT PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Anesthesia Assoc Med Group Inc
Physician Services
$967,250
Mcgillivray Construction Inc
Construction Contractor
$722,074
Perkins & Will Inc
Construction Contractor
$447,348
Tower Air
Hvac Contractor
$374,155
Arndt Construction
Construction Contractor
$341,836
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,323,080
All other contributions, gifts, grants, and similar amounts not included above$728,130
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,051,210
Total Program Service Revenue$104,424,181
Investment income $676,981
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,425,014
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $113,157,156

Grants Awarded

Over the last fiscal year, Goleta Valley Cottage Hospital has awarded $909,693 in support to 9 organizations.

Grant RecipientAmount

SANTA BARBARA NEIGHBORHOOD CLINICS

Org PageRecipient Profile

Santa Barbara, CA

PURPOSE: Support of neighborhood health clinics for low income patients

$375,000

CHILD ABUSE LISTENING MEDIATIO

Org PageRecipient Profile

Santa Barbara, CA

PURPOSE: Provide mental health screening and services to children suffering from Adverse Childhood Experiences.

$175,000

SANTA BARBARA CITY COLLEGE

PURPOSE: Support of Nursing Program at Santa Barbara City College

$107,775

Camarillo, CA

PURPOSE: Support of the Bachelor's in Science, Nursing program in Santa Barbara

$79,307

FAMILY SERVICE AGENCYCRIS

Org PageRecipient Profile

Santa Barbara, CA

PURPOSE: School based counseling to at risk high school students

$74,520

COUNCIL ON ALCOHOLISM & DRUG

Org PageRecipient Profile

Santa Barbara, CA

PURPOSE: Provide parenting education programs that will support parents of children and adolescents with culturally relevant parenting skills training.

$50,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Goleta Valley Cottage Hospital has recieved totaling $17,500.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$10,000
Santa Barbara Cottage Hospital Foundation

Santa Barbara, CA

PURPOSE: Support of geriatric emergency care

$7,500
View Grant Recipient Profile

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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