Kuakini Medical Center
- Assets
- $159.3m
- Revenue
- $133.0m
- Investments
- $5.7m
- Employees
- 881
- Location
- Honolulu, HI
- Founding
- 09/1945
- Data as of
- 06/2020
- EIN
- 99-0074139
Organization Overview
Kuakini Medical Center is located in Honolulu, HI. The organization was established in 1945. 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, Kuakini Medical Center employed 881 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, Kuakini Medical Center generated $133.0m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $138.3m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 5 years. 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
THE MISSION OF KUAKINI MEDICAL CENTER IS TO IMPROVE THE HEALTH STATUS OF THE COMMUNITY BY: PROVIDING COMPREHENSIVE HEALTH CARE SERVICES AND PROGRAMS AT REASONABLE COST; CONTINUOUSLY IMPROVING THE QUALITY OF HEALTH CARE SERVICES AND PROGRAMS; ENCOURAGING CLINICAL RESEARCH; SUPPORTING TRAINING AND EDUCATIONAL PROGRAMS FOR HEALTH CARE PERSONNEL; AND OFFERING COMMUNITY SERVICE PROGRAMS. KUAKINI MEDICAL CENTER PROVIDES ACUTE HOSPITAL SERVICES, AMBULATORY CARE SERVICES, EMERGENCY ROOM SERVICES, TEACHING SERVICES AND BIOMEDICAL RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KUAKINI MEDICAL CENTER PROVIDES HOSPITAL CARE SERVICES AND AMBULATORY CARE SERVICES TO PROVIDE RELIEF TO PEOPLE IN THE STATE OF HAWAII AS A RESULT OF ILLNESS, POVERTY, ACCIDENT OR OTHER CAUSE; PROMOTES THE GENERAL WELFARE OF THE COMMUNITY; PERFORMS ANY CHARITABLE OR BENEVOLENT WORK; ESTABLISHES AND MAINTAINS FACILITIES TO PROVIDE MEDICAL SERVICES; PROVIDES AND CONDUCTS EDUCATIONAL SERVICES TO RENDER CARE TO THE SICK AND INJURED; AND PROMOTES SCIENTIFIC RESEARCH RELATING TO THE CARE OF THE SICK AND INJURED.
KUAKINI MEDICAL CENTER PROVIDES HOSPITAL CARE SERVICES AND AMBULATORY CARE SERVICES TO PROVIDE RELIEF TO PEOPLE IN THE STATE OF HAWAII AS A RESULT OF ILLNESS, POVERTY, ACCIDENT OR OTHER CAUSE; PROMOTES THE GENERAL WELFARE OF THE COMMUNITY; PERFORMS ANY CHARITABLE OR BENEVOLENT WORK; ESTABLISHES AND MAINTAINS FACILITIES TO PROVIDE MEDICAL SERVICES; PROVIDES AND CONDUCTS EDUCATIONAL SERVICES TO RENDER CARE TO THE SICK AND INJURED; AND PROMOTES SCIENTIFIC RESEARCH RELATING TO THE CARE OF THE SICK AND INJURED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonafe Lao Rn | 50 | $187,732 | |
Janette Sebastian Rn | 50 | $186,380 | |
Virginia Walker VP Nurs Svcs & Cno | Officer | 50 | $177,189 |
Nobuyuki Miki VP Med Svcs & Cmo | Officer | 32 | $166,211 |
Ruby Anderson Rn | 40 | $159,747 | |
Tracy-Leigh Kaneshiro Rn | 40 | $154,372 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Metrus Energy-aloha Llc Energy Services | 6/29/20 | $987,489 |
Medical Specialists Of Hawaii Llc Physician Services | 6/29/20 | $698,642 |
Xtend Healthcare Llc Revenue Cycle Consulting | 6/29/20 | $850,842 |
Kmh Llp Accounting Services | 6/29/20 | $360,237 |
Critical Care Hawaii Llc Medical Services | 6/29/20 | $359,558 |
Xtend Healthcare Llc Revenue Cycle Consulting | 6/29/20 | $850,842 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,001,589 |
| Government grants | $2,912,627 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,223,438 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,137,654 |
| Total Program Service Revenue | $116,953,865 |
| Investment income | $797,174 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $383,200 |
| Net Gain/Loss on Asset Sales | $726,801 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $133,000,320 |
| 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. | $396,468 |
| Compensation of current officers, directors, key employees. | $396,468 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,454,965 |
| Pension plan accruals and contributions | $1,108,689 |
| Other employee benefits | $15,092,762 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,127,564 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $49,924 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,586,198 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,737,403 |
| Insurance | $1,026,325 |
| All other expenses | $4,841,001 |
| Total functional expenses | $138,326,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,621,675 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,096,801 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,048,189 |
| Prepaid expenses and deferred charges | $911,691 |
| Net Land, buildings, and equipment | $31,596,124 |
| Investments—publicly traded securities | $20,047 |
| Investments—other securities | $5,722,277 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $79,312,940 |
| Total assets | $159,329,744 |
| Accounts payable and accrued expenses | $28,601,365 |
| Grants payable | $0 |
| Deferred revenue | $1,745,349 |
| Tax-exempt bond liabilities | $21,240,368 |
| 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 | $116,624,245 |
| Total liabilities | $168,211,327 |
| Net assets without donor restrictions | -$8,881,583 |
| Net assets with donor restrictions | $0 |
| 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 | $159,329,744 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kuakini Medical Center has recieved totaling $1,934.
| Awarding Organization | Amount |
|---|---|
Unoyo Kojima Trust Honolulu, HI PURPOSE: MEDICAL RESEARCH | $1,934 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
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 |
Community Hospital Of The Monterey Peninsula Monterey, CA | $663,491,112 | $699,294,510 |
Saint Agnes Medical Center Fresno, CA | $833,492,769 | $530,933,238 |
Bakersfield Memorial Hospital San Francisco, CA | $759,830,146 | $540,863,669 |
Community Memorial Health System Ventura, CA | $923,808,108 | $503,484,860 |