Emanate Health Foothill Presbyterian Hospital
- Assets
- $166.2m
- Revenue
- $130.6m
- Investments
- $145.2k
- Employees
- 744
- Location
- Covina, CA
- Founding
- 10/1966
- Data as of
- 12/2023
- EIN
- 95-2413054
Organization Overview
Emanate Health Foothill Presbyterian Hospital, operating under the name Foothill Presbyterian Hospital, is located in Covina, CA. The organization was established in 1966. 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 12/2023, Foothill Presbyterian Hospital employed 744 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foothill Presbyterian Hospital 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 12/2023, Foothill Presbyterian Hospital generated $130.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $126.1m during the year ending 12/2023. While expenses have increased by 5.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF ACUTE CARE HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMANATE HEALTH FOOTHILL PRESBYTERIAN HOSPITAL (FPH) IS AN ACUTE CARE HOSPITAL WHICH PROVIDES INPATIENT, OUTPATIENT, AND EMERGENCY CARE TO THE SURROUNDING COMMUNITY. FPH PROVIDES FOR, ON AVERAGE, 69 PATIENTS PER DAY. TOTAL ADJUSTED INPATIENT DAYS WERE 47,537. OUTPATIENT AND EMERGENCY VISITS TOTALED 54,087. FPH PROVIDED TRADITIONAL CHARITY CARE AT COST TOTALING $2,074,909, UNREIMBURSED MEDI-CAL PROGRAM COST TOTALING $11,242,390 AND OTHER COMMUNITY BENEFIT COST TOTALING $467,374. DURING 2023, FPH RECORDED A NET SUPPLEMENTAL PAYMENTS OF $4,290,645 FROM THE CALIFORNIA HOSPITAL FEE PROGRAM FOR THE HOSPITAL SERVICES TO MEDI-CAL FEE-FOR-SERVICE AND MEDI-CAL MANAGED CARE PATIENTS COVERED FOR THE PERIOD FROM JANUARY 1, 2023 TO DECEMBER 31, 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rajesh Sharma See Sch O President & CEO | OfficerTrustee | 4 | $0 |
Leon Choinere See Sch O CFO | Officer | 4 | $0 |
Chandra Reddy Rso/nuclear Med Tech | 40 | $246,338 | |
Stanley Kozaka Pharmacist | 40 | $233,840 | |
Joanne Weigh Director Perioperative Svc | 40 | $244,992 | |
Almira Duque Clinical Lab Specialist | 40 | $207,668 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Medline Industries Contractors | 12/30/23 | $5,385,902 |
Mckesson Corp Contractors | 12/30/23 | $4,642,023 |
Emanate Health Medical Center Contractors | 12/30/23 | $3,000,000 |
Siemens Medical Solutions Contractors | 12/30/23 | $1,375,132 |
Boston Scientific Corp Contractors | 12/30/23 | $1,174,210 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,228 |
| Government grants | $4,059,230 |
| 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 | $4,060,458 |
| Total Program Service Revenue | $122,075,370 |
| Investment income | $2,117,863 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $170,335 |
| Net Gain/Loss on Asset Sales | -$89,704 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $130,571,960 |
| 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. | $290,985 |
| Compensation of current officers, directors, key employees. | $207,699 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,814,062 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,545,390 |
| Payroll taxes | $2,293,889 |
| 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 | $204,042 |
| Fees for services: Other | $2,142,015 |
| Advertising and promotion | $0 |
| Office expenses | $15,650,509 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $89,908 |
| 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 | $3,617,624 |
| Insurance | $916,416 |
| All other expenses | $2,487,444 |
| Total functional expenses | $126,133,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,582,834 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,985,590 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,923,418 |
| Prepaid expenses and deferred charges | $960,411 |
| Net Land, buildings, and equipment | $35,553,094 |
| Investments—publicly traded securities | $68,284,854 |
| Investments—other securities | $145,244 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $41,790,406 |
| Total assets | $166,225,851 |
| Accounts payable and accrued expenses | $23,525,126 |
| 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 | $5,411,321 |
| Total liabilities | $28,936,447 |
| Net assets without donor restrictions | $130,467,384 |
| Net assets with donor restrictions | $6,822,020 |
| 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 | $166,225,851 |