Martin Luther King Jr Los Angeles Healthcare Corporation

Organization Overview

Martin Luther King Jr Los Angeles Healthcare Corporation is located in Los Angeles, CA. The organization was established in 2013. 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 06/2021, Martin Luther King Jr Los Angeles Healthcare Corporation employed 1,760 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Martin Luther King Jr Los Angeles Healthcare Corporation 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, Martin Luther King Jr Los Angeles Healthcare Corporation generated $354.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $343.6m during the year ending 06/2021. While expenses have increased by 10.2% 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.

Since 2018, Martin Luther King Jr Los Angeles Healthcare Corporation has awarded 14 individual grants totaling $12,951,539. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO ORGANIZE AND OPERATE A GENERAL ACUTE CARE HOSPITAL TO PROVIDE HIGH QUALITY HOSPITAL INPATIENT, OUTPATIENT, EMERGENCY, AND ADDITIONAL HEALTH CARE SERVICES TO MEET THE NEEDS OF THE SOUTH LOS ANGELES COMMUNITY, WHICH INCLUDES INDIGENT, MEDI-CAL, MEDI-CAL MANAGED CARE, AND UNDERSERVED POPULATIONS (AMONG OTHERS); AND TO CONTRACT WITH PUBLIC AND PRIVATE ENTITIES PROVIDING MANAGED CARE PROGRAMS FOR MEDI-CAL BENEFICIARIES IN LOS ANGELES COUNTY, PARTICULARLY SOUTH LOS ANGELES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MARTIN LUTHER KING, JR. COMMUNITY HOSPITAL (MLKCH) IS A COMPLETELY NEW FACILITY REPLACING A PRIOR COUNTY FACILITY THAT WAS CLOSED DUE TO QUALITY OF CARE ISSUES IN 2007. MLKCH IS A UNIQUE PRIVATE-PUBLIC PARTNERSHIP. AS A PRIVATE, NON-PROFIT FREESTANDING 501(C)(3) CORPORATION, MLKCH LEASES A COMPLETELY NEW $280 MILLION HOSPITAL FACILITY FROM THE COUNTY OF LOS ANGELES. MLKCH WAS LICENSED BY THE CALIFORNIA DEPARTMENT OF PUBLIC HEALTH ON APRIL 28, 2015 AND OPENED TO PATIENT CARE ON MAY 14, 2015. AFTER INITIAL LICENSING, MLKCH PASSED THROUGH THE FOLLOWING MILESTONES AS IT BECAME FULLY OPERATIONAL:- ACCREDITED BY THE JOINT COMMISSION ON JUNE 30, 2015- OPENED ITS EMERGENCY DEPARTMENT ON JULY 7, 2015- BEGAN ACCEPTING RESCUE AMBULANCES ON AUGUST 11, 2015- STAGED A PHASED OPENING OF ITS INPATIENT FACILITIES SO THAT ALL INPATIENT BEDS WERE OPENED AND STAFFED BY DECEMBER 2015. SINCE THEN, HOSPITAL HAS CREDENTIALED ALMOST 400 PHYSICIANS AND HIRED OVER 2,000 EMPLOYEES AND CONTRACTORS TO MEET THE EXPECTED VOLUME OF PATIENTS. MLKCH'S SERVICE AREA IS ONE OF THE POOREST IN METROPOLITAN LOS ANGELES AND SUFFERS FROM A SEVERE SHORTAGE OF PHYSICIANS. AS A RESULT, EMERGENCY DEPARTMENT VOLUME HAS CONSISTENTLY EXCEEDED PROJECTIONS.IN JANUARY 2020, THE HOSPITAL COMPLETED THE CONSTRUCTION A 50,000 SQ. FT. MEDICAL OFFICE BUILDING, A TWO STORY BUILDING ADJACENT TO THE HOSPITAL. THE HOSPITAL WILL BE EXPANDING OUTPATIENT SERVICES TO INCLUDE WOUND CARE AND AMBULATORY SURGERY CENTER.ON MARCH 13, 2020 THE GOVERNMENT DECLARED A NATIONAL STATE OF EMERGENCY IN RESPONSE TO COVID 19 PANDEMIC. MLKCH RESPONDED BY PROVIDING CARE TO HUNDREDS OF COVID19 PATIENTS. IN THE FISCAL YEAR ENDED JUNE 30, 2021, MLKCH SERVED ITS COMMUNITY BY PROVIDING 8,551 ADMISSION, 41,481 INPATIENT DAYS, 579 DELIVERIES, 77,453 OUTPATIENT EMERGENCY VISITS, AND 4,899 OUTPATIENT OBSERVATION VISITS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cymetrix Corporation
Billing/revenue
$10,692,896
Cardinal Health Pharmacy Svc
Pharmacists / Supplies
$8,813,393
Martin Luther King Community
Administrative Services
$9,116,874
Superior Hospitalist Med Group
Administrative Services
$8,813,393
Mlk Jr Medical Group
Administrative Services
$9,999,030
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$2,888,025
Government grants $18,945,834
All other contributions, gifts, grants, and similar amounts not included above$388,337
Noncash contributions included in lines 1a–1f $243,305
Total Revenue from Contributions, Gifts, Grants & Similar$22,222,196
Total Program Service Revenue$327,143,628
Investment income $2,169,020
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,328,378
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $354,664,928

Grants Awarded

Over the last fiscal year, Martin Luther King Jr Los Angeles Healthcare Corporation has awarded $2,313,509 in support to 2 organizations.

Grant RecipientAmount

MARTIN LUTHER KING JR COMMUNITY HEALTH FOUNDATION

Org PageRecipient Profile

Compton, CA

PURPOSE: FORGIVENESS OF "DUE TO" MLKHC ACCUMULATED FOR OPERATIONS

$2,208,019

CALIFORNIA HEALTH FOUNDATION AND TRUST

Org PageRecipient Profile

Sacramento, CA

PURPOSE: PLEDGE TO HOSPITAL FEE PROGRAM TO AGGREGATE AND DISTRIBUTE FINANCIAL RESOURCES TO SUPPORT CHARITABLE ACTIVITES AT VARIOUS INDEPENDENT HOSPITALS

$105,490
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Martin Luther King Jr Los Angeles Healthcare Corporation has recieved totaling $882,316.

Awarding OrganizationAmount
Good Plus Foundation Inc

New York, NY

PURPOSE: SEE PART IV

$462,316
Public Health Institute

Oakland, CA

PURPOSE: Technical Assistance

$400,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$20,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Asante
Medford, OR
$1,067,000,527
Grossmont Hospital Corporation
San Diego, CA
$963,761,157
Renown Regional Medical Center
Reno, NV
$918,236,960
Eisenhower Medical Center
Rancho Mirage, CA
$887,259,076
Santa Barbara Cottage Hospital
Santa Barbara, CA
$820,638,690
Pasadena Hospital Association Ltd
Pasadena, CA
$740,897,251
Enloe Medical Center
Chico, CA
$814,037,880
Torrance Memorial Medical Center
Torrance, CA
$749,888,639
Pomona Valley Hospital Medical Center
Pomona, CA
$699,695,626
Tucson Medical Center
Tucson, AZ
$712,683,954
Sky Lakes Medical Center Inc
Klamath Falls, OR
$667,970,427
Pih Health Hospital Whittier
Whittier, CA
$696,894,160

Create an account to unlock the data you need.

or