Verity Health System Of California Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1,399
- Location
- Woodland Hills, CA
- Founding
- 07/2015
- Data as of
- 06/2022
- EIN
- 91-2154441
Organization Overview
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. As of 06/2022, Verity Health System Of California Inc employed 1,399 individuals. This organization is a subordinate organization within 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SETON MEDICAL CENTER AND ITS SISTER FACILITY, SETON COASTSIDE, OFFERS (SEE SCHEDULE O) PATIENT-CENTRIC, QUALITY HEALTH CARE TO THE COMMUNITIES IN WHICH THEY SERVE.
Describe the Organization's Program Activity:
Part 3
SETON MEDICAL CENTER ("SMC") IS A 357-BED HOSPITAL WHICH CONTINUES THE TRADITION OF PATIENT-CENTRIC, QUALITY HEALTH CARE. RECOGNIZED FOR ITS STROKE TREATMENT, CARDIO-VASCULAR EXCELLENCE (INCLUDING STEMI CERTIFICATION), SMC OFFERS A COMPREHENSIVE RANGE OF MEDICAL SPECIALTIES ON BOTH AN INPATIENT AND OUTPATIENT BASIS, AS WELL AS EMERGENCY SERVICES. THE SETON MEDICAL CENTER ASSETS WERE SOLD AND THE PROGRAMS RELATING TO PATIENT SERVICES WERE TRANSFERRED TO AHMC HEALTHCARE WITH THE ASSET SALE AS OF AUGUST 14, 2020. ANY PROGRAM SERVICE ACTIVITIES REPORTED HERE ARE THOSE INCURRED PRIOR TO AUGUST 14, 2020 AND THOSE ESSENTIAL TO TRANSITION OF THE PROGRAMS FROM SMC. THE ENTITY IS IN THE PROCESS OF WINDING DOWN FOR EVENTUAL DISSOLUTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Adcock Ex-Officio (thru 9/2020) | Trustee | 1 | $0 |
Ty Conner Director (thru 4/2021) | Trustee | 1 | $0 |
Howard Grobstein Liquidating Trustee (beg 9/2020) | OfficerTrustee | 1 | $0 |
Jack Krouskup Board Member (thru 4/2021) | Trustee | 1 | $0 |
Andrew Pines Board Member (thru 4/2021) | Trustee | 1 | $0 |
Terry Belmont Board Member (thru 4/2021) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fastaff Llc Staffing Services | 6/29/21 | $5,033,684 |
Seton Emergency Physicians Inc Medical Services | 6/29/21 | $1,245,553 |
Traditions Behavioral Health Medical Services | 6/29/21 | $1,147,778 |
Galen Inpatient Physicians Inc Medical Services | 6/29/21 | $987,423 |
Cep America Medical Services | 6/29/21 | $873,155 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |