Pasadena Hospital Association Ltd
- Assets
- $1.3b
- Revenue
- $894.8m
- Investments
- $0.0
- Employees
- 4,241
- Location
- Pasadena, CA
- Founding
- 03/1971
- Data as of
- 12/2021
- EIN
- 95-1644036
Organization Overview
Pasadena Hospital Association Ltd, operating under the name Huntington Health, is located in Pasadena, CA. The organization was established in 1971. 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 12/2021, Huntington Health employed 4,241 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Huntington 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 12/2021, Huntington Health generated $894.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $774.0m during the year ending 12/2021. While expenses have increased by 3.9% 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 2014, Huntington Health has awarded 37 individual grants totaling $2,421,337. 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
OUR MISSION IS TO PROVIDE EXCELLENT HEALTH CARE AND COMPASSIONATE SERVICE TO EACH PERSON BY BRINGING TOGETHER OUTSTANDING PHYSICIANS, CARING NURSES, PROFESSIONAL STAFF AND ADVANCED TECHNOLOGIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
FOUNDED IN 1892, HUNTINGTON HEALTH IS COMMITTED TO PROVIDING EXCELLENT PATIENT CARE DELIVERED WITH COMPASSION AND RESPECT. HUNTINGTON HEALTH IS AFFILIATED WITH CEDARS-SINAI UNDER THE UMBRELLA OF CEDARS-SINAI HEALTH SYSTEMS. HUNTINGTON HEALTH IS A 619-BED, NONPROFIT COMMUNITY HOSPITAL LOCATED IN PASADENA, CALIFORNIA. THE HOSPITAL OFFERS A FULL COMPLEMENT OF ACUTE MEDICAL CARE AND COMMUNITY SERVICES, RANGING FROM GENERAL MEDICINE TO THE FOREMOST SPECIALIZED PROGRAMS IN CARDIOVASCULAR SERVICES, ONCOLOGY, AND THE NEUROSCIENCES. THE HOSPITAL HAS THE ONLY LEVEL II TRAUMA CENTER IN THE REGION AS WELL AS THE ONLY LEVEL III NEONATAL INTENSIVE CARE UNIT (NICU). IN ADDITION, HUNTINGTON HEALTH OFFERS WOMEN'S AND CHILDREN'S SERVICES, STATE-OF- THE ART ORTHOPEDIC SURGERY, PSYCHIATRIC SERVICES, HUNTINGTON HEALTH SENIOR CARE NETWORK, AND HUNTINGTON AMBULATORY CARE CENTER. HH IS AFFILIATED WITH CEDARS-SINAI HEALTH SYSTEM ("CSHS"). THROUGH AN ONGOING PARTNERSHIP BETWEEN HUNTINGTON HEALTH AND SHRINERS HOSPITALS FOR CHILDREN - SOUTHERN CALIFORNIA, INPATIENT SURGICAL AND MEDICAL SERVICES FOR PEDIATRIC PATIENTS ARE AVAILABLE AT HUNTINGTON HEALTH AND THE MEDICAL TEAM PROVIDES ADVANCED POST-SURGICAL CARE. A SHRINERS FOR CHILDREN MEDICAL CENTER (LOCATED ACROSS THE STREET FROM THE HOSPITAL CAMPUS) OFFERS SPECIALTY CARE SERVICES FOR PEDIATRIC PATIENTS IN THE REGION. IN 2018, HUNTINGTON HEALTH AND PROVIDENCE ST. JOSEPH HEALTH ENTERED INTO AN AGREEMENT TO FURTHER EXPAND ACCESS TO QUALITY CARE. PROVIDENCE ST. JOSEPH HEALTH, WHICH INCLUDES 12 MEDICAL INSTITUTIONS ACROSS LOS ANGELES AND ORANGE COUNTIES, CONTRACTS EXCLUSIVELY WITH HUNTINGTON HEALTH IN THE SAN GABRIEL VALLEY FOR ALL ACUTE CARE HOSPITAL AND OUTPATIENT CLINICAL SERVICES. HUNTINGTON HEALTH ALSO PARTNERS WITH THE UNIVERSITY OF SOUTHERN CALIFORNIA (USC) INSTITUTE FOR MATERNAL-FETAL HEALTH TO OFFER A FETAL SURGERY PROGRAM IN PASADENA - ENCOMPASSING HIGH-RISK PERINATAL CARE, SURGERY AND NICU EXPERTISE. HUNTINGTON HEALTH IS COMMITTED TO PROVIDING THE HIGHEST QUALITY HEALTH CARE AND EMERGENCY SERVICES TO THE RESIDENTS OF OUR COMMUNITY. THROUGH OUR EFFORTS, INCLUDING COLLABORATIONS WITH OUR LONG-STANDING COMMUNITY PARTNERS, WE CONTINUE TO WORK TO IMPROVE THE HEALTH AND WELL-BEING OF ALL INDIVIDUALS LIVING AND WORKING IN THE COMMUNITY, WITH PARTICULAR ATTENTION TO THOSE WHO ARE TOO OFTEN WITHOUT RESOURCES. HUNTINGTON HEALTH OFFERED TWO RESIDENCY TRAINING PROGRAMS. IN 2021, 25 MEDICAL RESIDENTS PARTICIPATED IN INTERNAL MEDICINE TRAINING PROGRAMS AND 17 RESIDENTS WERE TRAINED IN GENERAL SURGERY. OVER 70% OF POSTGRADUATE PHYSICIANS WHO COMPLETE RESIDENCIES AT HUNTINGTON HEALTH GO ON TO EITHER ESTABLISH PRACTICES OR SERVE AS HOSPITALISTS IN SOUTHERN CALIFORNIA, WITH AS MANY AS 30% SERVING IN THE PASADENA AREA. AWARDS HUNTINGTON HEALTH WAS THE RECIPIENT OF THE FOLLOWING AWARDS AND ACCOLADES IN 2021: - U.S. NEWS & WORLD REPORT RANKINGS - #12 HOSPITAL IN LOS ANGELES - #20 BEST HOSPITAL IN CALIFORNIA - RANKED AS HIGH PERFORMING FOR MATERNITY - AWARDED HEALTHGRADES AMERICA'S 100 BEST HOSPITALS AND EXCELLENCE AWARD FOR CARDIAC CARE AND CORONARY INTERVENTION - AWARDED HEALTHGRADES FIVE-STAR DISTINCTIONS - CORONARY INTERVENTIONAL PROCEDURES - TREATMENT OF HEART FAILURE - TREATMENT OF HEART ATTACK - HIP FRACTURE TREATMENT - TREATMENT OF GASTROINTESTINAL BLEED - BLUE SHIELD OF CALIFORNIA BLUE DISTINCTION - BARIATRIC SURGERY - KNEE AND HIP REPLACEMENT - MATERNITY CARE - GET WITH THE GUIDELINES STROKE GOLD PLUS QUALITY ACHIEVEMENT AWARD FROM THE AMERICAN HEART/STROKE ASSOCIATION, STROKE HONOR ROLL AND TYPE 2 DIABETES HONOR ROLL - MAGNET DESIGNATION FOR NURSING EXCELLENCE FROM THE AMERICAN NURSES CREDENTIALING CENTER (ANCC) - GOLD SEAL OF APPROVAL FROM THE JOINT COMMISSION FOR TOTAL KNEE AND HIP REPLACEMENT PROGRAM - AWARDED LGBTQ+ HEALTHCARE EQUALITY LEADER DESIGNATION BY THE HUMAN RIGHTS CAMPAIGN - BEACON AWARD FOR EXCELLENCE IN CRITICAL CARE BY THE AMERICAN ASSOCIATION OF CRITICAL CARE NURSES (AACN) - BABY-FRIENDLY USA DESIGNATED HOSPITAL THE JIM AND ELEANOR RANDALL BREAST CENTER RECEIVED: - A FULL THREE-YEAR ACCREDITATION FROM THE NATIONAL ACCREDITATION PROGRAM FOR BREAST CENTERS (NAPBC), ONE OF ONLY THREE HOSPITALS IN LOS ANGELES COUNTY TO ACHIEVE THIS LEVEL OF ACCREDITATION - FULL THREE-YEAR ACCREDITATION FROM THE AMERICAN COLLEGE OF SURGEONS' COMMISSION ON CANCER, BARIATRIC SURGERY, KNEE AND HIP REPLACEMENT, AND MATERNITY CARE - GET WITH THE GUIDELINES STROKE GOLD PLUS QUALITY ACHIEVEMENT AWARD FROM THE AMERICAN HEART/STROKE ASSOCIATION, STROKE HONOR ROLL AND TYPE 2 DIABETES HONOR ROLL - MAGNET DESIGNATION FOR NURSING EXCELLENCE FROM THE AMERICAN NURSES CREDENTIALING CENTER (ANCC) - GOLD SEAL OF APPROVAL FROM THE JOINT COMMISSION FOR TOTAL KNEE AND HIP REPLACEMENT PROGRAM - AWARDED LGBTQ+ HEALTHCARE EQUALITY LEADER DESIGNATION BY THE HUMAN RIGHTS CAMPAIGN - BEACON AWARD FOR EXCELLENCE IN CRITICAL CARE BY THE AMERICAN ASSOCIATION OF CRITICAL CARE NURSES (AACN) - BABY-FRIENDLY USA DESIGNATED HOSPITAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Priselac Board Member | Trustee | 1 | $0 |
Edward Prunchunas Board Member | Trustee | 1 | $0 |
Lori J Morgan MD MBA President & CEO | OfficerTrustee | 55 | $1,988,040 |
Rajinder S Takhar Svp, Strat & Prvdr Integration | Officer | 50 | $949,853 |
Steven L Mohr Svp/cfo | Officer | 55 | $900,933 |
Ranjit Hundal SVP & Chief Clinical Officer | Officer | 55 | $876,738 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Swinerton Builders Cmd/facility Capital | 12/30/21 | $3,945,836 |
Jacobs Project Management Co Cmd/facility Capital | 12/30/21 | $3,394,779 |
Jr Abbott Construction Inc Cmd/facility Capital | 12/30/21 | $2,160,291 |
Bernards Cmd/facility Capital | 12/30/21 | $3,514,244 |
Hdr Architecture Inc Cmd/facility Capital | 12/30/21 | $2,077,472 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,274,865 |
| Investment income | $5,024,920 |
| Tax Exempt Bond Proceeds | -$3,902,985 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $87,331,085 |
| Net Income from Fundraising Events | -$1,328 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $624,022 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $894,837,558 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $35,105 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $10,641,273 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $272,358,150 |
| Pension plan accruals and contributions | $17,976,652 |
| Other employee benefits | $76,162,505 |
| Payroll taxes | $23,278,450 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,226,417 |
| Fees for services: Accounting | $701,833 |
| Fees for services: Lobbying | $54,442 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $232,541 |
| Fees for services: Other | $88,387,486 |
| Advertising and promotion | $1,545,887 |
| Office expenses | $30,879,804 |
| Information technology | $37,545,391 |
| Royalties | $0 |
| Occupancy | $17,374,531 |
| Travel | $195,908 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $150,998 |
| Interest | $5,381,642 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,589,501 |
| Insurance | $6,543,804 |
| All other expenses | $0 |
| Total functional expenses | $774,005,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,442 |
| Savings and temporary cash investments | $17,342,539 |
| Pledges and grants receivable | $16,969,186 |
| Accounts receivable, net | $113,852,492 |
| Loans from Officers, Directors, or Controlling Persons | $441,280 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,446,628 |
| Prepaid expenses and deferred charges | $71,294,924 |
| Investments—publicly traded securities | $323,165,554 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $134,289,087 |
| Total assets | $1,336,734,599 |
| Accounts payable and accrued expenses | $145,745,186 |
| Grants payable | $0 |
| Deferred revenue | $44,247,650 |
| Tax-exempt bond liabilities | $113,439,619 |
| 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 | $380,350,933 |
| Total liabilities | $683,783,388 |
| Net assets without donor restrictions | $458,944,180 |
| Net assets with donor restrictions | $194,007,031 |
| 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 | $652,951,211 |
Grants Awarded
Over the last fiscal year, Pasadena Hospital Association Ltd has awarded $209,815 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: PROGRAM SUPPORT | $150,000 |
COMMUNITY CENTER OF LA CANADA FLINTRIGE PURPOSE: SPONSOR | $15,500 |
AMERICAN HEART ASSOCIATION PURPOSE: Program Support | $37,500 |
COMMUNITY HEALTH ALLIANCE OF PASADENA PURPOSE: Program Support | $6,815 |