Eisenhower Medical Center
- Assets
- $1.4b
- Revenue
- $887.3m
- Investments
- $0.0
- Employees
- 4,582
- Location
- Rancho Mirage, CA
- Founding
- 01/1966
- Data as of
- 06/2020
- EIN
- 95-6130458
Eisenhower Medical Center Overview
Eisenhower Medical Center is located in Rancho Mirage, CA. The organization was established in 1966. 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 06/2020, Eisenhower Medical Center employed 4,582 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, Eisenhower Medical Center generated $887.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $829.7m during the year ending 06/2020. While expenses have increased by 3.9% per year over the past 5 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 2018, Eisenhower Medical Center has awarded 49 individual grants totaling $1,212,558. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
EMC, A NOT-FOR-PROFIT ORGANIZATION, EXISTS TO SERVE THE CHANGING HEALTHCARE NEEDS BY PROVIDING EXCELLENCE IN PATIENT CARE WITH SUPPORTIVE EDUCATION AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATIENT CARE SERVICES AT ACUTE CARE HOSPITAL - SEE SCHEDULE O
CHARITY CARE AND COMMUNITY SERVICES - SEE SCHEDULE O
PATIENT CARE SERVICES AT ACUTE CARE HOSPITAL - SEE SCHEDULE O
CHARITY CARE AND COMMUNITY SERVICES - SEE SCHEDULE O
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Eisenhower Medical Center Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
G Aubrey Serfling President/ Ceo, Emc | Officer | 50 | $1,021,782 |
Martin Massiello Executive Vp/coo | Officer | 50 | $678,058 |
Kenneth Wheat Sr. Vp/cfo | Officer | 50 | $594,615 |
Alan Williamson Vp, Medical Affairs | Officer | 50 | $496,655 |
Michael D Landes President, Emc Foundation | Officer | 50 | $480,068 |
Rosalinda Field Vp, Informatics | Officer | 50 | $415,544 |
Eisenhower Medical Center Vendors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Doug Wall Construction Construction Svcs | 6/29/20 | $18,568,027 |
Desert Neurosurgical Associates Inc Physician Services | 6/29/20 | $2,994,822 |
Desert Cardiology Consultants Med G Medical Mgmt Svcs | 6/29/20 | $13,006,526 |
Desert Neurosurgical Associates Inc Physician Services | 6/29/20 | $2,994,822 |
Desert Cardiology Consultants Med G Medical Mgmt Svcs | 6/29/20 | $13,006,526 |
Allied Universal Security Services Security Services | 6/29/20 | $1,446,598 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $10,145 |
| Government grants | $21,469,139 |
| All other contributions, gifts, grants, and similar amounts not included above | $80,194,163 |
| Noncash contributions included in lines 1a–1f | $1,948,704 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,673,447 |
| Total Program Service Revenue | $770,569,548 |
| Investment income | $3,281,269 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,137,955 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $887,259,076 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $348,781 |
| 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. | $8,191,631 |
| Compensation of current officers, directors, key employees. | $812,498 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $232,683,494 |
| Pension plan accruals and contributions | $13,692,558 |
| Other employee benefits | $67,176,952 |
| Payroll taxes | $18,892,956 |
| Fees for services: Management | $2,115,470 |
| Fees for services: Legal | $812,881 |
| Fees for services: Accounting | $409,508 |
| Fees for services: Lobbying | $30,609 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $469,893 |
| Fees for services: Other | $152,763,945 |
| Advertising and promotion | $1,338,207 |
| Office expenses | $22,207,434 |
| Information technology | $13,253,835 |
| Royalties | $0 |
| Occupancy | $24,510,796 |
| Travel | $1,305,987 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $513,887 |
| Interest | $14,259,687 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $58,255,814 |
| Insurance | $7,904,238 |
| All other expenses | $2,199,871 |
| Total functional expenses | $829,746,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $822,907 |
| Savings and temporary cash investments | $192,293,932 |
| Pledges and grants receivable | $92,507,222 |
| Accounts receivable, net | $94,122,763 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $15,879 |
| Inventories for sale or use | $14,433,965 |
| Prepaid expenses and deferred charges | $8,184,238 |
| Net Land, buildings, and equipment | $566,914,593 |
| Investments—publicly traded securities | $320,644,431 |
| Investments—other securities | $0 |
| Investments—program-related | $17,521,619 |
| Intangible assets | $0 |
| Other assets | $81,192,989 |
| Total assets | $1,388,654,538 |
| Accounts payable and accrued expenses | $119,371,905 |
| Grants payable | $0 |
| Deferred revenue | $145,404,533 |
| Tax-exempt bond liabilities | $395,658,184 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $13,700,508 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $123,504,881 |
| Total liabilities | $797,640,011 |
| Net assets without donor restrictions | $391,811,797 |
| Net assets with donor restrictions | $199,202,730 |
| 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 | $1,388,654,538 |
Eisenhower Medical Center Grants Awarded
Over the last fiscal year, Eisenhower Medical Center has awarded $549,858 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
Palm Desert, CA PURPOSE: SPONSORSHIP | $50,000 |
Indio, CA PURPOSE: SPONSORSHIP | $50,000 |
Palm Desert, CA PURPOSE: SPONSORSHIP | $50,000 |
Indio, CA PURPOSE: SPONSORSHIP | $50,000 |
Palm Springs, CA PURPOSE: SPONSORSHIP | $30,100 |
Palm Springs, CA PURPOSE: SPONSORSHIP | $30,100 |
Eisenhower Medical Center Grants Recieved
Over the last fiscal year, we have identified 16 grants that Eisenhower Medical Center has recieved totaling $5,592,100.
| Awarding Organization | Amount |
|---|---|
Daniels Fund Denver, CO PURPOSE: OUTPATIENT SURGICAL CENTER | $5,000,000 |
Bighorn Golf Club Charities Palm Desert, CA PURPOSE: FUND COMMUNITY BETTERMENT | $202,500 |
The Parasol Tahoe Community Foundation Inc Incline Village, NV PURPOSE: General Support | $153,500 |
Destefano Family Foundation Rye, NH PURPOSE: TO PROVIDE FUNDS TO ACCOMPLISH ITS MISSION. | $50,000 |
The Barbara And Jay Fritz Foundation San Francisco, CA PURPOSE: GENERAL | $50,000 |
Raymond James Charitable Endowment Fund St Petersburg, FL PURPOSE: GENERAL USE AND/OR SPECIAL FUND/PROJECT | $29,000 |
Endowment Analysis
| Beg. Balance | $24,172,743 |
| Earnings | $789,099 |
| Other Expense | $1,075,267 |
| Ending Balance | $23,886,575 |
Eisenhower Medical Center Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Renown Regional Medical Center Reno, NV | $920,238,119 | $918,236,960 |
Asante Medford, OR | $1,867,375,413 | $928,596,728 |
St Charles Health System Inc Bend, OR | $1,206,976,077 | $1,002,139,054 |
Eisenhower Medical Center Rancho Mirage, CA | $1,388,654,538 | $887,259,076 |
Grossmont Hospital Corporation San Diego, CA | $1,311,443,464 | $859,537,675 |
Santa Barbara Cottage Hospital Santa Barbara, CA | $1,817,093,511 | $837,598,218 |
Pasadena Hospital Association Ltd Pasadena, CA | $1,232,829,063 | $694,154,841 |
Torrance Memorial Medical Center Torrance, CA | $1,300,118,916 | $710,062,691 |
Enloe Medical Center Chico, CA | $693,760,224 | $675,267,384 |
Sky Lakes Medical Center Inc Klamath Falls, OR | $416,863,008 | $679,891,837 |
Pomona Valley Hospital Medical Center Pomona, CA | $712,754,800 | $677,656,158 |
Pih Health Hospital Whittier Whittier, CA | $1,422,637,395 | $696,894,160 |
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