Henry Mayo Newhall Memorial Hospital
- Assets
- $625.7m
- Revenue
- $419.7m
- Investments
- $3.7m
- Employees
- 2,149
- Location
- Valencia, CA
- Founding
- 09/1973
- Data as of
- 09/2021
- EIN
- 95-2821104
Organization Overview
Henry Mayo Newhall Memorial Hospital is located in Valencia, CA. The organization was established in 1973. 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 09/2021, Henry Mayo Newhall Memorial Hospital employed 2,149 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Henry Mayo Newhall Memorial 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 09/2021, Henry Mayo Newhall Memorial Hospital generated $419.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $408.0m during the year ending 09/2021. While expenses have increased by 4.1% 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 2018, Henry Mayo Newhall Memorial Hospital has awarded 66 individual grants totaling $21,688,383. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BE THE TRUSTED REGIONAL LEADER TO INSPIRE AND DELIVER OPTIMAL HEALTH AND WELLNESS.
Describe the Organization's Program Activity:
TO PROVIDE HEALTH CARE SERVICES TO THE CITIZENS OF SANTA CLARITA VALLEY AND SURROUNDING AREAS. THE HOSPITAL HAD 59,042 PATIENT DAYS DURING THE YEAR. WE ALSO PROVIDED SERVICES FOR 57,472 EMERGENCY VISITS. 78% OF TOTAL HOSPITAL INPATIENT ADMITS (EXCLUDING NEWBORNS) ARE ADMITTED THROUGH THE EMERGENCY ROOM.
TO SUPPORT GENERAL OPERATIONS OF HENRY MAYO NEWHALL MEMORIAL HEALTH FOUNDATION, AN AFFILIATE TO THE HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger E Seaver President/ceo | OfficerTrustee | 40 | $827,852 |
Kingman Ho MD Chief Medical Officer (through 01/2021) | Officer | 40 | $587,440 |
Larry R Kidd Sr Vp/cco | Officer | 40 | $451,750 |
Ted D Sirotta Sr Vp/cfo | Officer | 40 | $445,451 |
Ray B Moss Vp/cio | Officer | 40 | $321,405 |
Jonathan S Miller Vp-Facilty/support (through 05/2020) | 40 | $311,611 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sodexo Inc & Affiliates Other Purchased Services | 9/29/21 | $12,422,537 |
Interstate Rehabilitation Llc Medical Purchased Services | 9/29/21 | $6,764,732 |
Facey Medical Foundation Professional Services | 9/29/21 | $3,894,567 |
Medefis Inc Professional Services | 9/29/21 | $2,693,417 |
Scct Medical Group Professional Services | 9/29/21 | $2,148,850 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $844,707 |
| Government grants | $4,930,730 |
| 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 | $5,775,437 |
| Total Program Service Revenue | $405,891,441 |
| Investment income | $2,545,724 |
| Tax Exempt Bond Proceeds | $455 |
| Royalties | $0 |
| Net Rental Income | $323,822 |
| Net Gain/Loss on Asset Sales | $1,097,890 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $419,726,742 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $854,494 |
| Grants and other assistance to domestic individuals. | $5,338,957 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,087,985 |
| Compensation of current officers, directors, key employees. | $366,171 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $118,537,271 |
| Pension plan accruals and contributions | $4,240,744 |
| Other employee benefits | $28,019,569 |
| Payroll taxes | $9,934,079 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,771,238 |
| Fees for services: Accounting | $356,476 |
| Fees for services: Lobbying | $16,457 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $147,518 |
| Fees for services: Other | $60,748,280 |
| Advertising and promotion | $121,404 |
| Office expenses | $2,301,525 |
| Information technology | $7,303,427 |
| Royalties | $0 |
| Occupancy | $8,967,033 |
| Travel | $88,077 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $53,312 |
| Interest | $9,917,157 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,838,302 |
| Insurance | $1,873,566 |
| All other expenses | $5,826,764 |
| Total functional expenses | $408,040,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,762,900 |
| Savings and temporary cash investments | $21,269,535 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,237,213 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,557,468 |
| Prepaid expenses and deferred charges | $5,797,981 |
| Net Land, buildings, and equipment | $279,401,629 |
| Investments—publicly traded securities | $103,089,886 |
| Investments—other securities | $3,658,870 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $83,962,090 |
| Total assets | $625,737,572 |
| Accounts payable and accrued expenses | $81,546,657 |
| Grants payable | $0 |
| Deferred revenue | $3,666,047 |
| Tax-exempt bond liabilities | $232,857,418 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $6,720,053 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $81,967,398 |
| Total liabilities | $406,757,573 |
| Net assets without donor restrictions | $209,927,480 |
| Net assets with donor restrictions | $9,052,519 |
| 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 | $625,737,572 |
Grants Awarded
Over the last fiscal year, Henry Mayo Newhall Memorial Hospital has awarded $854,493 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Valencia, CA PURPOSE: TO SUPPORT GENERAL OPERATIONS OF THE FOUNDATION, AN AFFILIATE OF THE HOSPITAL. | $641,760 |
WILLIAM S HART UNION HIGH SCHOOL DISTRICT PURPOSE: TO PROVIDE ATHLETIC TRAINERS AT HIGH SCHOOLS IN THE COMMUNITY TO HELP REDUCE INJURIES AND KEEP STUDENT ATHLETES SAFE | $154,778 |
SANTA CLARITA VALLEY ECONOMIC PURPOSE: TO SUPPORT LOCAL ECONOMIC DEVELOPMENT | $26,800 |
ID ME PROMOTIONS PURPOSE: TO SUPPORT COMMUNITY HEALTH EDUCATION | $13,390 |
UNITED STATES POSTAL SERVICE PURPOSE: TO PROVIDE COMMUNITY HEALTH EDUCATION THROUGH YOUR HEALTH MAGAZINE 2021 | $10,265 |
Kennesaw, GA PURPOSE: COMMUNITY CANCER EDUCATION | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Henry Mayo Newhall Memorial Hospital has recieved totaling $203,685.
| Awarding Organization | Amount |
|---|---|
Direct Relief Santa Barbara, CA PURPOSE: SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS | $44,449 |
Direct Relief Santa Barbara, CA PURPOSE: SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS | $44,449 |
Direct Relief Santa Barbara, CA PURPOSE: SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS | $44,449 |
Direct Relief Santa Barbara, CA PURPOSE: SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS | $44,449 |
California Health Foundation And Trust Sacramento, CA PURPOSE: ASPR GRANT - FUNDING FOR PPE EQUIPMENT FOR COVID-19 PANDEMIC | $25,889 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asante Medford, OR | $2,030,793,202 | $1,067,000,527 |
Grossmont Hospital Corporation San Diego, CA | $1,425,066,151 | $963,761,157 |
Renown Regional Medical Center Reno, NV | $920,238,119 | $918,236,960 |
Eisenhower Medical Center Rancho Mirage, CA | $1,388,654,538 | $887,259,076 |
Santa Barbara Cottage Hospital Santa Barbara, CA | $1,990,776,088 | $820,638,690 |
Pasadena Hospital Association Ltd Pasadena, CA | $1,315,158,731 | $740,897,251 |
Enloe Medical Center Chico, CA | $774,318,013 | $814,037,880 |
Torrance Memorial Medical Center Torrance, CA | $1,308,904,790 | $749,888,639 |
Pomona Valley Hospital Medical Center Pomona, CA | $766,840,577 | $699,695,626 |
Tucson Medical Center Tucson, AZ | $695,529,192 | $712,683,954 |
Sky Lakes Medical Center Inc Klamath Falls, OR | $459,854,725 | $667,970,427 |
Pih Health Hospital Whittier Whittier, CA | $1,422,637,395 | $696,894,160 |