Stanford Health Care 227
- Assets
- $9.9b
- Revenue
- $6.6b
- Investments
- $4.4b
- Employees
- 19,335
- Location
- Stanford, CA
- Founding
- 06/1959
- Data as of
- 08/2021
- EIN
- 94-6174066
Organization Overview
Stanford Health Care 227 is located in Stanford, CA. The organization was established in 1959. 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 08/2023, Stanford Health Care 227 employed 19,335 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stanford Health Care 227 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 08/2021, Stanford Health Care 227 generated $6.6b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $5.4b during the year ending 08/2021. While expenses have increased by 6.2% per year over the past 7 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 2015, Stanford Health Care 227 has awarded 215 individual grants totaling $611,833,199. 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
2021
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 |
|---|---|---|---|
David Entwistle President & CEO | OfficerTrustee | 50 | $4,675,833 |
Lloyd B Minor MD Director (see Schedule O) | Trustee | 2 | $0 |
Quinn Mckenna Chief Operating Officer | Officer | 50 | $2,435,914 |
Paul King Director (see Schedule O) | Trustee | 2 | $0 |
Linda Hoff CFO (see Schedule O) | Officer | 50 | $1,850,502 |
Mary Hawn MD Director (see Schedule O) | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stanford University Prof. Services | 8/30/23 | $1,076,917,643 |
Aya Healthcare Healthcare Staffing | 8/30/23 | $111,095,897 |
Healthsource Global Staffing Healthcare Staffing | 8/30/23 | $78,260,574 |
Amn Healthcare Inc Healthcare Staffing | 8/30/23 | $77,950,030 |
Herrero Builders Incorporated Construction Company | 8/30/23 | $74,444,268 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $429,891,903 |
| Investment income | $102,002,694 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $587,713,429 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,633,074,369 |
| Statement of Expenses | |
|---|---|
| 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. | $12,191,379 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,519,229,721 |
| Pension plan accruals and contributions | $127,928,680 |
| Other employee benefits | $529,641,685 |
| Payroll taxes | $119,380,524 |
| Fees for services: Management | $2,554,040 |
| Fees for services: Legal | $17,316,166 |
| Fees for services: Accounting | $2,087,382 |
| Fees for services: Lobbying | $247,897 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $101,894,253 |
| Advertising and promotion | $9,160,377 |
| Office expenses | $155,622,518 |
| Information technology | $14,621,801 |
| Royalties | $0 |
| Occupancy | $93,151,918 |
| Travel | $2,016,595 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $572,477 |
| Interest | $76,769,378 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $260,891,911 |
| Insurance | $26,622,247 |
| All other expenses | $0 |
| Total functional expenses | $5,353,633,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $900 |
| Savings and temporary cash investments | $322,999,750 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $804,928,277 |
| Loans from Officers, Directors, or Controlling Persons | $6,753,000 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $105,291,179 |
| Prepaid expenses and deferred charges | $107,223,768 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,440,765,821 |
| Investments—program-related | $251,972,123 |
| Intangible assets | $0 |
| Other assets | $458,140,928 |
| Total assets | $9,902,764,212 |
| Accounts payable and accrued expenses | $879,811,967 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $1,160,573,120 |
| 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 | $2,260,465,572 |
| Total liabilities | $4,300,850,659 |
| Net assets without donor restrictions | $5,456,431,111 |
| Net assets with donor restrictions | $145,482,442 |
| 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 | $5,601,913,553 |
Grants Awarded
Over the last fiscal year, Stanford Health Care 227 has awarded $86,040,226 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICAN AMERICAN COMMUNITY SERVICES AGENCY PURPOSE: HEALTHCARE ACCESS AND DELIVERY | $7,500 |
ASIAN HEALTH SERVICES PURPOSE: HEALTHCARE ACCESS AND DELIVERY | $10,000 |
AVENIDAS PURPOSE: COMMUNITY BASED HEALTH HOME PROGRAM | $195,000 |
COMMUNITY INITIATIVES PURPOSE: HEALTHCARE ACCESS AND DELIVERY | $11,258 |
COUNTY OF SANTA CLARA PURPOSE: MEDICAL RESPITE PROGRAM | $77,500 |
DESTINATION HOME PURPOSE: HOUSING/HOMELESSNESS | $500,000 |