Verity Health System Of California Inc is located in Woodland Hills, CA. The organization was established in 2015. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Verity Health System Of California Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
VERITY HEALTH SYSTEM OF CALIFORNIA, INC. IS THE HEALTH SYSTEM'S PARENT ORGANIZATION PROVIDING LEADERSHIP AND SUPPORT FOR THE ORGANIZATION'S AFFILIATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ENTITY HAS BEEN WOUND DOWN FOR EVENTUAL DISSOLUTION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Adcock CEO (thru 9/2020) | Officer | 35 | $2,159,831 |
Tirso Del Junco Chief Medical Officer (thru 8/2020) | Officer | 40 | $727,563 |
Anthony Armada - Chief Operating Officer (thru 8/2020) | Officer | 36 | $689,917 |
Eleanor Ramirez - Chief Hospital Operations (thru 8/2020) | Officer | 39 | $632,695 |
Ty Conner - Interim Controller (thru 9/20); Treasurer (thru 4/21) | Trustee | 27 | $536,130 |
Steven Sharrer Chief Hr Officer (thru 8/2020) | Officer | 40 | $479,064 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Berkeley Research Group Llc Consultant | 6/29/21 | $11,368,561 |
Milbank Tweed Hadley And Mccloy Llp 55 Consultant | 6/29/21 | $4,282,943 |
Pachulski Stang Ziehl & Jones Llp 150 Legal | 6/29/21 | $2,145,539 |
Dentons Us Llp Consultant | 6/29/21 | $10,037,184 |
Microsoft Licensing Gp Information Technology | 6/29/21 | $1,643,538 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $0 |
Total Program Service Revenue | $0 |
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 | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
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 | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $2,401,937 |
Total functional expenses | $2,401,937 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
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 | $0 |
Over the last fiscal year, Verity Health System Of California Inc has awarded $909,101 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
DCHS MEDICAL FOUNDATION PURPOSE: General Support | $892,934 |
CATHOLIC RELIEF SERVICE PURPOSE: Charity | $16,167 |