Emanate Health
- Assets
- $101.3m
- Revenue
- $75.7m
- Investments
- $13.2m
- Employees
- 405
- Location
- Covina, CA
- Founding
- 12/1984
- Data as of
- 12/2021
- EIN
- 95-3885523
Organization Overview
Emanate Health is located in Covina, CA. The organization was established in 1984. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2021, Emanate Health employed 405 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Emanate Health 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, Emanate Health generated $75.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $76.3m during the year ending 12/2021. While expenses have increased by 3.9% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT TO TWO ACUTE-CARE HOSPITALS, A HOSPICE, AND A HOME HEALTH AGENCY WHICH, IN TURN, PROVIDE INPATIENT AND OUTPATIENT CLINICAL SERVICES.
Describe the Organization's Program Activity:
PROVIDE OVERALL SUPERVISION, GUIDANCE, LONG RANGE PLANNING, FINANCIAL MANAGEMENT, AND INVESTMENT OF FUNDS FOR THE BENEFIT OF EMANATE HEALTH MEDICAL CENTER, EMANATE HEALTH FOOTHILL PRESBYTERIAN HOSPITAL, AND EMANATE HEALTH HOSPICE. ALL OF WHICH ARE 501(C)(3). PROVIDE SUPPORT TO TWO ACUTE-CARE HOSPITALS, A HOSPICE, AND A HOME HEALTH AGENCY WHICH, IN TURN, PROVIDE INPATIENT AND OUTPATIENT CLINICAL SERVICES.
FIRST 5 LA OPTIMIZES THE DEVELOPMENT AND WELL BEING OF ALL CHILDREN, FROM THE PRENATAL STAGE UNTIL THEIR 5TH BIRTHDAYS, BY INCREASING RESOURCES, ENSURING ACCESS TO SERVICES, AND IMPROVING THE ABILITIES OF FAMILIES, COMMUNITIES AND PROVIDERS OF SERVICES.
TO PROVIDE EDUCATION PRIMARILY ABOUT COVERED CALIFORNIA WHILE PROMOTING A CULTURE OF COVERAGE AND MOTIVATING PARTICIPANTS TO TAKE ACTION AND ENROLL.
TO ENSURE THAT ALL ELIGIBLE CHILDREN AND PARENTS IN CALIFORNIA HAVE HEALTHCARE COVERAGE, TO CREATE PARTNERSHIPS THAT HELP TO PREVENT CHILDHOOD OBESITY AND TO INCREASE THE NUMBER OF CHILDREN IN LOS ANGELES COUNTY WHO ARE READY TO LEARN WHEN THEY REACH SCHOOL AGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert H Curry See Sch O President, Ceo, Bod | OfficerTrustee | 18 | $1,914,648 |
Rajesh Sharma See Sch O President & CFO | Officer | 18 | $1,361,022 |
Gurjeet Kalkat Chief Medical Officer | 16 | $754,471 | |
Angel Hovanessian Vice President Revenue Cyc | 40 | $402,636 | |
Angela Bernacki Chief People Officer | 40 | $390,473 | |
Charles Riddle Chief Support Services Off | 40 | $388,153 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ernst & Young Llp Audit | 12/30/21 | $2,526,057 |
Cdw Government Inc Capital Software And Maint | 12/30/21 | $1,371,614 |
Medical Information Technology Inc Capital Software And Maint | 12/30/21 | $2,832,457 |
Entisys Solutions Capital Software And Maint | 12/30/21 | $1,227,878 |
Snyder Langston Llc Construction | 12/30/21 | $1,860,136 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $73,073,548 |
| Investment income | $1,101,765 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $678,024 |
| Net Gain/Loss on Asset Sales | $1,065,003 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $75,744,646 |
| 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. | $1,490,391 |
| Compensation of current officers, directors, key employees. | $205,710 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,879,772 |
| Pension plan accruals and contributions | $927,982 |
| Other employee benefits | $7,907,608 |
| Payroll taxes | $2,155,644 |
| Fees for services: Management | $3,275,226 |
| Fees for services: Legal | $1,929,664 |
| Fees for services: Accounting | $477,756 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $33,652 |
| Fees for services: Other | $854,761 |
| Advertising and promotion | $373,824 |
| Office expenses | $915,823 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $44,663 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $43,975 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,362,070 |
| Insurance | $397,022 |
| All other expenses | $4,234,251 |
| Total functional expenses | $76,250,943 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,500 |
| Savings and temporary cash investments | $246,244 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,827,852 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,958,563 |
| Net Land, buildings, and equipment | $53,160,773 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $13,206,634 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,873,150 |
| Total assets | $101,277,716 |
| Accounts payable and accrued expenses | $22,096,693 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $28,064,855 |
| Total liabilities | $50,161,548 |
| Net assets without donor restrictions | $51,110,768 |
| Net assets with donor restrictions | $5,400 |
| 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 | $101,277,716 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Emanate Health has recieved totaling $142,557.
| Awarding Organization | Amount |
|---|---|
California Health Foundation And Trust Sacramento, CA PURPOSE: ASPR GRANT - FUNDING FOR PPE EQUIPMENT FOR COVID-19 PANDEMIC | $142,557 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adventist Health System-West Roseville, CA | $3,327,906,475 | $789,421,387 |
Loma Linda Mercantile Loma Linda, CA | $5,623,174 | $892,472,678 |
Northbay Healthcare Group Fairfield, CA | $886,687,386 | $685,543,580 |
Health Care La Ipa Thousand Oaks, CA | $137,239,241 | $468,769,852 |
Legacy Health Portland, OR | $2,251,797,785 | $316,347,594 |
Banner-University Care Advantage Phoenix, AZ | $98,937,833 | $318,721,179 |
Community Hospitals Of Central California Fresno, CA | $153,264,006 | $240,202,775 |
Scottsdale Healthcare Corp Scottsdale, AZ | $207,971,546 | $191,671,427 |
Renown Health Reno, NV | $1,033,752,208 | $203,266,795 |
Hawaii Pacific Health Honolulu, HI | $964,668,065 | $186,549,374 |
Pacific Central Coast Health Centers San Francisco, CA | $98,611,320 | $151,805,152 |
Arch Health Partners Inc Poway, CA | $55,148,296 | $114,017,124 |