Venice Family Clinic
- Assets
- $54.7m
- Revenue
- $63.2m
- Investments
- $12.6m
- Employees
- 435
- Location
- Venice, CA
- Founding
- 04/1977
- Data as of
- 06/2021
- EIN
- 95-2769432
Organization Overview
Venice Family Clinic is located in Venice, CA. The organization was established in 1977. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 06/2021, Venice Family Clinic employed 435 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Venice Family Clinic 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, Venice Family Clinic generated $63.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $59.7m during the year ending 06/2021. While expenses have increased by 8.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE QUALITY PRIMARY HEALTH CARE TO PEOPLE IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VFC SERVES AS A MEDICAL HOME, PROVIDING COORDINATED AND COMPREHENSIVE PRIMARY CARE, SPECIALTY CARE, AND ENABLING SERVICES FOR LOW-INCOME, UNINSURED, AND HOMELESS FAMILIES AND INDIVIDUALS. IT SERVES EVERYONE FROM INFANTS, CHILDREN, AND TEENS TO ADULTS AND SENIORS. VFC OFFERS A VARIETY OF SERVICES INCLUDING: MEDICAL PRIMARY AND SPECIALTY CARE, DENTAL, INTEGRATIVE MEDICINE, VISION SERVICES, PHARMACY, SUBSTANCE USE SERVICES, BEHAVIORAL HEALTH AND FOOD PROGRAMMING. VFC ALSO PROVIDES TREATMENT AND COUNSELING SERVICES TO HIV PATIENTS THROUGH ITS COMMON GROUND PROGRAM. VFC PROVIDES HEALTH CARE ON SIX DAYS AND FOUR EVENINGS PER WEEK. VFC'S PRIMARY SERVICE AREA INCLUDES VENICE, SANTA MONICA, PALMS, MAR VISTA, INGLEWOOD, CULVER CITY AND WEST LOS ANGELES, ALL IN LOS ANGELES COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth B Forer Chief Executive Officer | Officer | 40 | $302,834 |
Despina G Kayichian Chief Medical Officer | Officer | 40 | $298,700 |
Karen C Lamp Senior Physician | Officer | 38 | $260,985 |
Margarita Loeza Staff Physician | Officer | 40 | $260,541 |
John Arthur Roohan Clinical Site Director | 40 | $260,000 | |
Anita Maria Zamora Deputy Dir/chief Operations Officer | Officer | 40 | $243,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brothers Maintenance Services Cleaning Service | 6/29/21 | $500,251 |
People 20 Global Inc Staffing Services | 6/29/21 | $280,892 |
Giant Technology Sql Programmer | 6/29/21 | $128,400 |
Randstad Us Lp Staffing Services | 6/29/21 | $552,375 |
Green Hasson & Janks Llp Accounting Services | 6/29/21 | $105,100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,500,000 |
| Government grants | $17,227,792 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,187,299 |
| Noncash contributions included in lines 1a–1f | $2,889,839 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,915,091 |
| Total Program Service Revenue | $28,694,912 |
| Investment income | $255,120 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $332,207 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $63,197,330 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $3,487,402 |
| Compensation of current officers, directors, key employees. | $394,214 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,547,052 |
| Pension plan accruals and contributions | $4,205,830 |
| Other employee benefits | $7,881,279 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $42,805 |
| Fees for services: Accounting | $71,943 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $118,999 |
| Fees for services: Other | $1,716,627 |
| Advertising and promotion | $33,458 |
| Office expenses | $1,027,192 |
| Information technology | $1,145,307 |
| Royalties | $0 |
| Occupancy | $2,076,339 |
| Travel | $49,920 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $57,277 |
| Interest | $66,721 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $876,258 |
| Insurance | $232,334 |
| All other expenses | $992,064 |
| Total functional expenses | $59,708,266 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,402 |
| Savings and temporary cash investments | $5,699,296 |
| Pledges and grants receivable | $12,389,942 |
| Accounts receivable, net | $6,990,962 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $271,857 |
| Prepaid expenses and deferred charges | $284,261 |
| Net Land, buildings, and equipment | $7,843,278 |
| Investments—publicly traded securities | $6,217,380 |
| Investments—other securities | $12,616,587 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,349,891 |
| Total assets | $54,664,856 |
| Accounts payable and accrued expenses | $1,535,912 |
| Grants payable | $0 |
| Deferred revenue | $3,075,828 |
| Tax-exempt bond liabilities | $0 |
| 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 | $6,672,100 |
| Other liabilities | $0 |
| Total liabilities | $11,283,840 |
| Net assets without donor restrictions | $23,500,388 |
| Net assets with donor restrictions | $19,880,628 |
| 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 | $54,664,856 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Venice Family Clinic has recieved totaling $178,000.
| Awarding Organization | Amount |
|---|---|
Delta Dental Community Care Foundation San Francisco, CA PURPOSE: ACCESS TO CARE | $175,000 |
Wynn Foundation Los Angeles, CA PURPOSE: PROVIDE FREE, QUALITY HEALTH CARE TO PEOPLE IN NEED. | $3,000 |
Endowment Analysis
| Beg. Balance | $5,667,486 |
| Earnings | $1,868,129 |
| Net Contributions | $50,000 |
| Other Expense | -$302,265 |
| Ending Balance | $7,283,350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Omni Family Health Bakersfield, CA | $128,100,815 | $127,368,618 |
Neighborhood Healthcare Escondido, CA | $143,902,623 | $149,081,726 |
Northeast Valley Health Corporation San Fernando, CA | $43,078,248 | $119,705,307 |
Mountain Park Health Center Phoenix, AZ | $117,457,729 | $122,844,994 |
Bay Area Community Health Fremont, CA | $72,363,529 | $107,920,718 |
Lifelong Medical Care Berkeley, CA | $113,791,293 | $104,127,834 |
Adelante Healthcare Inc Phoenix, AZ | $30,570,108 | $94,163,630 |
North County Health Project Inc San Marcos, CA | $91,069,576 | $82,698,424 |
Vista Community Clinic Vista, CA | $78,343,860 | $83,583,458 |
Open Door Community Health Centers Arcata, CA | $94,423,244 | $86,969,181 |
Santa Rosa Community Health Centers Santa Rosa, CA | $79,550,438 | $79,876,761 |
Virginia Garcia Memorial Health Center Aloha, OR | $86,078,591 | $92,633,817 |