Sutter Health
- Assets
- $6.8b
- Revenue
- $1.9b
- Investments
- $609.5m
- Employees
- 10,491
- Location
- Sacramento, CA
- Founding
- 02/1982
- Data as of
- 12/2020
- EIN
- 94-2788907
Organization Overview
Sutter Health is located in Sacramento, CA. The organization was established in 1982. 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 12/2021, Sutter Health employed 10,491 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sutter Health 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 12/2020, Sutter Health generated $1.9b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $2.0b during the year ending 12/2020. While expenses have increased by 6.5% 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 2014, Sutter Health has awarded 296 individual grants totaling $15,619,261. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Krevans Pres. & CEO Sutter Health | OfficerTrustee | 40 | $9,160,299 |
Jeff Sprague Former Sh SVP & CFO | 0 | $3,271,652 | |
James Conforti Sh Svp/coo | Officer | 40 | $2,036,409 |
Florence Di Benedetto SVP & General Counsel/asst Sec | Officer | 40 | $1,608,103 |
Conrad Vial MD Sh Svp, Chief Clinical Officer | Officer | 40 | $1,576,243 |
Stephen H Lockhart Sh Svp/cmo | 40 | $1,471,253 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Entisys Solutions Inc It Services | 12/30/21 | $26,331,509 |
Herrero Builders Inc Construction Svcs | 12/30/21 | $23,315,532 |
Ge Precision Healthcare Llc Med Equip Maint Srvs | 12/30/21 | $17,158,134 |
Rightsourcing Inc Staffing Services | 12/30/21 | $188,425,976 |
Rudolph And Sletten Inc General Contractor | 12/30/21 | $15,639,578 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,363,895 |
| Investment income | $73,630,634 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $95,158 |
| Net Gain/Loss on Asset Sales | $137,123,692 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,902,925,267 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $856,576 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $21,046,581 |
| Compensation to disqualified persons | $1,003,581 |
| Other salaries and wages | $662,974,039 |
| Pension plan accruals and contributions | $61,192,663 |
| Other employee benefits | $243,101,075 |
| Payroll taxes | $56,344,119 |
| Fees for services: Management | $44,781,480 |
| Fees for services: Legal | $43,298,450 |
| Fees for services: Accounting | $2,516,605 |
| Fees for services: Lobbying | $198,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,511,039 |
| Fees for services: Other | $907,414 |
| Advertising and promotion | $11,545,348 |
| Office expenses | $26,551,468 |
| Information technology | $235,207,300 |
| Royalties | $0 |
| Occupancy | $35,291,148 |
| Travel | $3,572,816 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,559,156 |
| Interest | $5,194,243 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $111,030,975 |
| Insurance | $6,675,754 |
| All other expenses | $0 |
| Total functional expenses | $1,991,189,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | -$84,423,554 |
| Pledges and grants receivable | $960,962 |
| 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 | $11,966,125 |
| Prepaid expenses and deferred charges | $111,587,818 |
| Investments—publicly traded securities | $5,322,274,360 |
| Investments—other securities | $609,497,892 |
| Investments—program-related | $34,121,641 |
| Intangible assets | $0 |
| Other assets | $424,923,725 |
| Total assets | $6,846,370,331 |
| Accounts payable and accrued expenses | $1,181,787,789 |
| 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 | $3,802,682,172 |
| Total liabilities | $4,984,469,961 |
| 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 |
| Total liabilities and net assets/fund balances | $1,861,900,370 |
Grants Awarded
Over the last fiscal year, Sutter Health has awarded $2,745,530 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
Davis, CA PURPOSE: Program Support | $1,750,000 |
Decatur, GA PURPOSE: Program Support | $150,000 |
Arlington, VA PURPOSE: Program Support | $135,000 |
Sacramento, CA PURPOSE: Program Support | $114,000 |
San Francisco, CA PURPOSE: Program Support | $100,000 |
Sacramento, CA PURPOSE: Program Support | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Sutter Health has recieved totaling $1,493,696.
| Awarding Organization | Amount |
|---|---|
Sutter Bay Medical Foundation Sacramento, CA PURPOSE: PROGRAM SUPPORT | $1,368,149 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $32,550 |
Pew Charitable Trusts Washington, DC PURPOSE: Matching Gift | $30,000 |
David And Lucile Packard Foundation Los Altos, CA PURPOSE: GENERAL SUPPORT | $22,500 |
Sutter Bay Hospitals Sacramento, CA PURPOSE: PROGRAM SUPPORT | $17,500 |
Sutter Medical Center Foundation Sacramento, CA PURPOSE: PROGRAM SUPPORT | $15,959 |
Endowment Analysis
| Beg. Balance | $5,815,002 |
| Earnings | $712,111 |
| Net Contributions | $12,746 |
| Ending Balance | $6,539,859 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adventist Health System-West Roseville, CA | $3,327,906,475 | $789,421,387 |
Loma Linda Mercantile Loma Linda, CA | $5,623,174 | $892,472,678 |
Northbay Healthcare Group Fairfield, CA | $886,687,386 | $685,543,580 |
Health Care La Ipa Thousand Oaks, CA | $137,239,241 | $468,769,852 |
Legacy Health Portland, OR | $2,251,797,785 | $316,347,594 |
Banner-University Care Advantage Phoenix, AZ | $98,937,833 | $318,721,179 |
Community Hospitals Of Central California Fresno, CA | $153,264,006 | $240,202,775 |
Scottsdale Healthcare Corp Scottsdale, AZ | $207,971,546 | $191,671,427 |
Renown Health Reno, NV | $1,033,752,208 | $203,266,795 |
Hawaii Pacific Health Honolulu, HI | $964,668,065 | $186,549,374 |
Pacific Central Coast Health Centers San Francisco, CA | $98,611,320 | $151,805,152 |
Arch Health Partners Inc Poway, CA | $55,148,296 | $114,017,124 |