Huntington Medical Foundation
- Assets
- $13.0m
- Revenue
- $42.3m
- Investments
- $0.0
- Employees
- 184
- Location
- Pasadena, CA
- Founding
- 03/1995
- Data as of
- 12/2021
- EIN
- 95-4434428
Organization Overview
Huntington Medical Foundation, operating under the name Dba Huntington Health Physicians, is located in Pasadena, CA. The organization was established in 1995. 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 12/2022, Dba Huntington Health Physicians employed 184 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dba Huntington Health Physicians 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, Dba Huntington Health Physicians generated $42.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $49.1m during the year ending 12/2021. While expenses have increased by 5.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE THE HIGHEST QUALITY, MOST PATIENT FRIENDLY HEALTHCARE THROUGH INNOVATIVE PROGRAMS. WE ARE RESPONSIVE TO OUR COMMUNITY'S NEED AND SENSITIVE TO FINANCIAL RESPONSIBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HUNTINGTON MEDICAL FOUNDATION'S ("FOUNDATION") ACTIVITY IN PUBLIC HEALTH EDUCATION AND DELIVERY OF COMMUNITY MEDICAL SERVICES AROUND THE SAN GABRIEL VALLEY. SEE SCHEDULE O FOR ADDITIONAL DETAILS.
HUNTINGTON MEDICAL FOUNDATION PROVIDES HEALTH CARE AND PREVENTION SERVICES TO THE COMMUNITY.
HUNTINGTON MEDICAL FOUNDATION PROVIDES BREAST HEALTH, CANCER SCREENING AND DIAGNOSIS SERVICES THROUGH THE JIM & ELEANOR RANDALL BREAST CENTER, LOCATED AT THE HUNTINGTON PAVILION IN PASADENA. SERVICES INCLUDE MAMMOGRAPHY, ULTRASOUND, BIOPSY, EDUCATION AND RESEARCH. SEE SCHEDULE O FOR ADDITIONAL DETAILS.
HUNTINGTON MEDICAL FOUNDATION ACTIVELY PARTICIPATES IN PATHOLOGY SERVICES. SEE SCHEDULE O FOR ADDITIONAL DETAILS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Morgan MD Director | Trustee | 1 | $0 |
Elizabeth Olson Chairman | OfficerTrustee | 1 | $0 |
Michelle Chino Vice Chair | OfficerTrustee | 1 | $0 |
Rajinder Takhar Treasurer | OfficerTrustee | 5 | $0 |
Shital Arya MD Secretary | OfficerTrustee | 1 | $0 |
Timothy Albert MD Director | Trustee | 55 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cmbs Medical Business Services Management Serv | 12/30/22 | $4,634,902 |
The Hill Medical Corporation Prof Services | 12/30/22 | $2,938,977 |
Allscripts Llc Information | 12/30/22 | $604,125 |
Haad Mahmood Prof Serv | 12/30/22 | $251,680 |
Higher Doctors Inc Prof Serv | 12/30/22 | $431,383 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,159,636 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $42,291,573 |
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,045,425 |
| Pension plan accruals and contributions | $75,488 |
| Other employee benefits | $2,552,185 |
| Payroll taxes | $762,777 |
| Fees for services: Management | $156,660 |
| Fees for services: Legal | $334,415 |
| Fees for services: Accounting | $56,558 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,713,842 |
| Advertising and promotion | $188,697 |
| Office expenses | $7,576,910 |
| Information technology | $1,214,017 |
| Royalties | $0 |
| Occupancy | $3,290,703 |
| Travel | $21,417 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,824 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $829,264 |
| Insurance | $862,992 |
| All other expenses | $0 |
| Total functional expenses | $49,131,845 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,326,586 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,845,073 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,204,713 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,982,525 |
| Accounts payable and accrued expenses | $5,143,591 |
| Grants payable | $0 |
| Deferred revenue | $350,696 |
| 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 | $45,592,123 |
| Total liabilities | $51,086,410 |
| Net assets without donor restrictions | -$38,103,885 |
| 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 | -$38,103,885 |