Emanate Health Medical Center
- Assets
- $690.0m
- Revenue
- $495.1m
- Investments
- $322.3m
- Employees
- 2,943
- Location
- Covina, CA
- Founding
- 03/1946
- Data as of
- 12/2020
- EIN
- 95-6006469
Organization Overview
Emanate Health Medical Center is located in Covina, CA. The organization was established in 1946. 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, Emanate Health Medical Center employed 2,943 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Emanate Health 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 12/2020, Emanate Health Medical Center generated $495.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $502.0m during the year ending 12/2020. While expenses have increased by 4.0% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF ACUTE CARE FACILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMANATE HEALTH MEDICAL CENTER (EHMC) OPERATES TWO ACUTE CARE HOSPITALS, QUEEN OF THE VALLEY HOSPITAL (QVH) AND INTER-COMMUNITY HOSPITAL (ICH), IN THE EAST SAN GABRIEL VALLEY OF LOS ANGELES COUNTY. EHMC PROVIDES INPATIENT, OUTPATIENT, AND EMERGENCY CARE FOR THE COMMUNITIES SURROUNDING THE TWO MEDICAL HOSPTALS. QVH AND ICH PROVIDE CARE FOR AN AVERAGE OF _284_ PATIENTS PER DAY. COMBINED ADJUSTED PATIENT DAYS WAS 149,095. EMERGENCY ROOM & OUTPATIENT VISITS TOTALED 185,481. EHMC PROVIDED TRADITIONAL CHARITY CARE AT COST TOTALING $5,199,018, UNREIMBURSED MEDI-CAL PROGRAM COST TOTALING $62,623,590 AND OTHER COMMUNITY BENEFIT COST TOTALING $2,216,988.DURING 2021, EHMC RECORDED A NET SUPPLEMENTAL PAYMENTS OF $51,233,947 FROM THE CALIFORNIA HOSPITAL FEE PROGRAM FOR THE HOSPITAL SERVICES TO MEDI-CAL FEE-FOR-SERVICE AND MEDI-CAL MANAGED CARE PATIENTS COVERED FOR THE PERIOD FROM JANUARY 1, 2021 TO DECEMBER 31, 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patsy Gorrell Treasurer | OfficerTrustee | 3 | $0 |
Robert H Curry See Sch O Ceo, Bod | OfficerTrustee | 14 | $0 |
Gary Mathewson Chair | OfficerTrustee | 3 | $0 |
Bernard Bollinger Jr ESQ Secretary | OfficerTrustee | 3 | $0 |
Clifford Christ Vice Chair | OfficerTrustee | 3 | $0 |
Rajesh Sharma See Sch O President & CFO | Officer | 14 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Portable Dialysis Services Purchased Service Medical | 12/30/21 | $4,223,340 |
Citrus Valley Anesthesia Medical Purchased Service Medical | 12/30/21 | $3,039,163 |
Lederhaus Md Disney Md Rodriguez Purchased Service Medical | 12/30/21 | $2,237,219 |
Haemokinetics Llc Purchased Service Medical | 12/30/21 | $923,220 |
Southern California Hospitalist Purchased Service Medical | 12/30/21 | $1,654,920 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $759,142 |
| Government grants | $9,790,135 |
| 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 | $10,549,277 |
| Total Program Service Revenue | $458,471,756 |
| Investment income | $4,046,609 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,623,928 |
| Net Gain/Loss on Asset Sales | $16,127,724 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $495,064,510 |
| 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. | $1,156,043 |
| Compensation of current officers, directors, key employees. | $3,413 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $160,367,031 |
| Pension plan accruals and contributions | $2,595,480 |
| Other employee benefits | $44,729,845 |
| Payroll taxes | $13,414,736 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $67,826 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $936,297 |
| Fees for services: Other | $13,772,217 |
| Advertising and promotion | $0 |
| Office expenses | $69,277,103 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $447,828 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,890,561 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,894,488 |
| Insurance | $2,626,324 |
| All other expenses | $21,358,174 |
| Total functional expenses | $501,970,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,970 |
| Savings and temporary cash investments | $4,385,236 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $52,051,466 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $118,107,924 |
| Inventories for sale or use | $8,723,867 |
| Prepaid expenses and deferred charges | $2,490,679 |
| Net Land, buildings, and equipment | $137,459,856 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $322,318,563 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $44,481,623 |
| Total assets | $690,026,184 |
| Accounts payable and accrued expenses | $97,067,043 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $189,137,262 |
| 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 | $7,080,841 |
| Total liabilities | $293,285,146 |
| Net assets without donor restrictions | $392,702,273 |
| Net assets with donor restrictions | $4,038,765 |
| 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 | $690,026,184 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Emanate Health Medical Center has recieved totaling $909,032.
| Awarding Organization | Amount |
|---|---|
Emanate Health Foundation Covina, CA PURPOSE: TO PROVIDE FUNDING TO ASSIST OPERATIONS OF ITS ACUTE CARE FACILITY. | $909,032 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asante Medford, OR | $2,030,793,202 | $1,067,000,527 |
Grossmont Hospital Corporation San Diego, CA | $1,425,066,151 | $963,761,157 |
Renown Regional Medical Center Reno, NV | $920,238,119 | $918,236,960 |
Eisenhower Medical Center Rancho Mirage, CA | $1,388,654,538 | $887,259,076 |
Santa Barbara Cottage Hospital Santa Barbara, CA | $1,990,776,088 | $820,638,690 |
Pasadena Hospital Association Ltd Pasadena, CA | $1,315,158,731 | $740,897,251 |
Enloe Medical Center Chico, CA | $774,318,013 | $814,037,880 |
Torrance Memorial Medical Center Torrance, CA | $1,308,904,790 | $749,888,639 |
Pomona Valley Hospital Medical Center Pomona, CA | $766,840,577 | $699,695,626 |
Tucson Medical Center Tucson, AZ | $695,529,192 | $712,683,954 |
Sky Lakes Medical Center Inc Klamath Falls, OR | $459,854,725 | $667,970,427 |
Pih Health Hospital Whittier Whittier, CA | $1,422,637,395 | $696,894,160 |