Martin Luther King Jr Community Medical Foundation
- Assets
- $36.5m
- Revenue
- $27.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Compton, CA
- Founding
- 12/2016
- Data as of
- 06/2022
- EIN
- 81-2455970
Organization Overview
Martin Luther King Jr Community Medical Foundation is located in Compton, CA. The organization was established in 2016. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Martin Luther King Jr Community Medical Foundation 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 06/2022, Martin Luther King Jr Community Medical Foundation generated $27.2m in total revenue. All expenses for the organization totaled $34.4m during the year ending 06/2022. While expenses have increased by 89.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FACILITATE ACCESS TO HEALTHCARE AND PROMOTE THE HEALTH AND WELLBEING OF THE LOW INCOME, DISADVANTAGED COMMUNITIES OF SOUTH LOS ANGELES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOLUME PATIENT CLINIC VISITS WERE 46,449 INCLUDING 7,813 COVID19 VACCINATION VISITS. MLKCMF COLLABORATED THIS PAST YEAR IN AN INNOVATIVE DESIGN FOR THE TREATMENT OF MENTAL HEALTH, PHYSICAL HEALTH AND SUBSTANCE ABUSE DISORDERS. THE INTEGRATED DESIGN FOR BEHAVIORAL HEALTH BEGINS WITH AN ASSESSMENT AT THE FIRST POINT OF PATIENT CONTACT ESTABLISHING POTENTIAL LINKS BETWEEN A CHRONIC MEDICAL CONDITION AND A BEHAVIORAL HEALTH CONCERN. THIS ALLOWS FOR AN EARLY INTERVENTION OF A BEHAVIORAL HEALTH TEAM FOLLOWING THE PATIENT FROM INPATIENT CARE TO APPROPRIATE LONG-TERM SUPPORT CARE AND RESOURCES IN AN OUTPATIENT SETTING. THE TOTAL BEHAVIORAL HEALTHS VISITS WERE 3,026.
MLKCMF ESTABLISHED THE ENHANCED CARE MANAGEMENT PROGRAM, WHICH IS A STATEWIDE MEDI-CAL BENEFIT. THE GOAL OF THIS PROGRAM IS TO PROVIDE WHOLE PERSON APPROACH TO CARE THAT ADDRESSES BOTH CLINICAL AND NON-CLINICAL NEEDS OF HIGH-NEED MEDI-CAL BENEFICIARIES. BENEFICIARIES WILL HAVE A SINGLE LEAD CARE MANAGER WHO WILL COORDINATE CARE AND SERVICES AMONG THE PHYSICAL, BEHAVIORAL, DENTAL, DEVELOPMENTAL, AND SOCIAL SERVICES DELIVERY SYTEMS, MAKING IT EASIER FOR THEM TO GET THE RIGHT CARE AT THE RIGHT TIME.
MLKCMF ESTABLISHED THE LACTATION CLNIC, WHICH SUPPORTS IMPROVED MATERNAL AND INFANT HEALTH IN SOUTH LOS ANGELES BY INCREASING THE PERCENTAGE OF WOMEN IN THE SERVICE AREA WHO EXCLUSIVELY BREASTFEED THEIR INFANT UNTIL THEY REACH SIX MONTHS OF AGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kurt Stauder Pres. Of Medical Group Fdn | OfficerTrustee | 40 | $0 |
Manual A Abascal JD Chair | OfficerTrustee | 6 | $0 |
Paul King Vice Chair | OfficerTrustee | 3 | $0 |
Michael Madden Secretary | OfficerTrustee | 3 | $0 |
James Yoshioka Treasurer | OfficerTrustee | 3 | $0 |
Georgina R Garcia RN Board Member | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Regents Of The University Of Califor Hospitalist / Intensivist Physicians | 6/29/22 | $11,481,930 |
Hubmd Pc Urology Physicians | 6/29/22 | $728,276 |
Hall Dynamics Dba Myron L Hall Dpm Podiatry Physician | 6/29/22 | $294,438 |
Stacia Mills Md A Professional Corp Psychiatry | 6/29/22 | $202,603 |
Neuro Industrial Medical Group Inc Neurologist | 6/29/22 | $195,560 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,181,824 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $73,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,254,824 |
| Total Program Service Revenue | $25,685,711 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,204,999 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,082,392 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,762,616 |
| Pension plan accruals and contributions | $99,855 |
| Other employee benefits | $1,355,874 |
| Payroll taxes | $407,820 |
| Fees for services: Management | $801,851 |
| Fees for services: Legal | $11,209 |
| Fees for services: Accounting | $2,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,318,707 |
| Advertising and promotion | $177,769 |
| Office expenses | $62,654 |
| Information technology | $8,720 |
| Royalties | $0 |
| Occupancy | $687,440 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,785 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $7,960 |
| Total functional expenses | $34,375,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,157,024 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,919,917 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $103,882 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,298,270 |
| Total assets | $36,479,093 |
| Accounts payable and accrued expenses | $7,070,887 |
| 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 | $42,303,143 |
| Total liabilities | $49,374,030 |
| Net assets without donor restrictions | -$13,956,009 |
| Net assets with donor restrictions | $1,061,072 |
| 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 | $36,479,093 |