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Nonprofiteer
← HOAG MEMORIAL HOSPITAL PRESBYTERIAN

Form 990 for tax year 2022

Filed by HOAG MEMORIAL HOSPITAL PRESBYTERIAN.

Totals

Total revenue
$1,646,507,596
Total expenses
$1,600,684,848
Contributions and grants received
$55,211,303
Grants paid
$9,399,443
Program service revenue
$1,485,406,894
Investment income
$76,013,312
Other revenue
$29,876,087
Total assets, end of year
$4,246,917,299
Total liabilities, end of year
$1,440,069,401
Net assets or fund balances, end of year
$2,806,847,898
Program services expenses (Part IX)
$1,077,425,805
Management and general expenses
$523,259,043
Fundraising expenses
$0
Program service expenses (Part III)
$1,077,425,805

Program services were 67.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $36,429,247

  • 1e · Government grants (contributions)

    $7,408,935

  • 1f · All other contributions, gifts and grants

    $11,373,121

  • 2a · Program service revenue: PATIENT SERVICE REVENU

    total $1,329,937,078 · related or exempt $1,329,937,078

  • 2b · Program service revenue: HMO CAPITATED REVENUE

    total $98,832,101 · related or exempt $98,832,101

  • 2c · Program service revenue: MOB RENTAL INCOME

    total $45,280,304 · related or exempt $45,280,304

  • 2d · Program service revenue: CLINICAL TRIAL REVENUE

    total $7,769,566 · related or exempt $7,769,566

  • 2e · Program service revenue: CAFETERIA SALES

    total $3,587,845 · related or exempt $3,587,845

  • 3 · Investment income

    total $10,607,002 · unrelated business $12,286,702 · excluded -$1,679,700

  • 4 · Income from investment of tax-exempt bond proceeds

    total $725,154 · excluded $725,154

  • 7a · Gross sales of assets other than inventory

    securities $108,665,360

  • 7b · Less cost or other basis and sales expenses

    securities $43,984,204

  • 7c · Gain or loss

    securities $64,681,156

  • 7d · Net gain or loss

    total $64,681,156 · excluded $64,681,156

  • 11a · Other revenue: HOI SERVICES

    total $11,105,360 · related or exempt $6,951,742 · unrelated business $4,153,618

  • 11b · Other revenue: REFUNDS/REBATES

    total $8,675,308 · related or exempt $8,675,308

  • 11c · Other revenue: OTHER REVENUE

    total $5,322,932 · related or exempt $5,322,932

  • 11d · All other revenue

    total $4,772,487 · related or exempt $4,418,855 · unrelated business $182,407 · excluded $171,225

  • 11e · Other revenue, total

    $29,876,087

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $9,399,443 · program services $9,399,443

  • 5 · Compensation of officers, directors and key employees

    total $10,830,271 · program services $7,147,979 · management and general $3,682,292

  • 6 · Compensation of disqualified persons

    total $191,169 · management and general $191,169

  • 7 · Other salaries and wages

    total $554,876,768 · program services $427,424,090 · management and general $127,452,678

  • 8 · Pension plan contributions

    total $25,579,650 · program services $7,211,084 · management and general $18,368,566

  • 9 · Other employee benefits

    total $73,089,536 · program services $45,510,050 · management and general $27,579,486

  • 10 · Payroll taxes

    total $38,779,831 · program services $30,055,838 · management and general $8,723,993

  • 11b · Fees: legal

    total $4,195,158 · program services $145,149 · management and general $4,050,009

  • 11c · Fees: accounting

    total $637,003 · management and general $637,003

  • 11d · Fees: lobbying

    total $27,500 · management and general $27,500

  • 11f · Fees: investment management

    total $7,910,182 · management and general $7,910,182

  • 11g · Fees: other

    total $159,658,021 · program services $114,378,161 · management and general $45,279,860

  • 12 · Advertising and promotion

    total $2,936,529 · program services $243,564 · management and general $2,692,965

  • 13 · Office expenses

    total $20,253,700 · program services $10,240,403 · management and general $10,013,297

  • 14 · Information technology

    total $19,595,615 · program services $15,004,564 · management and general $4,591,051

  • 16 · Occupancy

    total $65,806,633 · program services $49,484,286 · management and general $16,322,347

  • 17 · Travel

    total $821,656 · program services $602,019 · management and general $219,637

  • 19 · Conferences, conventions and meetings

    total $536,314 · program services $128,734 · management and general $407,580

  • 20 · Interest

    total $23,064,569 · program services $21,865,195 · management and general $1,199,374

  • 22 · Depreciation, depletion and amortization

    total $101,310,487 · program services $31,704,621 · management and general $69,605,866

  • 23 · Insurance

    total $4,045,665 · program services $2,727,216 · management and general $1,318,449

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $227,830,588 · program services $227,176,551 · management and general $654,037

  • 24b · Other expenses: PSJH DISAFFILIATION

    total $139,174,690 · program services $0 · management and general $139,174,690

  • 24c · Other expenses: OTHER EXPENSES

    total $71,374,674 · program services $38,217,662 · management and general $33,157,012

  • 24d · Other expenses: QA FEE

    total $38,759,196 · program services $38,759,196

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $20,081,903 · end of year $92,057,628

  • 2 · Savings and temporary cash investments

    beginning of year $144,348,713 · end of year $52,883,699

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $207,433,947 · end of year $233,332,933

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $1,366,365 · end of year $699,582

  • 8 · Inventories for sale or use

    beginning of year $17,855,295 · end of year $16,832,357

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,623,138 · end of year $22,861,176

  • 10a · Land, buildings and equipment: cost or other basis

    $2,201,471,997

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,043,634,073

  • 10c · Land, buildings and equipment, net

    beginning of year $1,100,300,586 · end of year $1,157,837,924

  • 11 · Investments: publicly traded securities

    beginning of year $656,998,946 · end of year $547,406,199

  • 12 · Investments: other securities

    beginning of year $1,565,191,000 · end of year $1,923,906,201

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $3,427,942

  • 15 · Other assets

    beginning of year $204,543,569 · end of year $195,671,658

  • 17 · Accounts payable and accrued expenses

    beginning of year $166,502,292 · end of year $307,281,628

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $362,904,322

  • 23 · Secured mortgages and notes payable

    end of year $556,915,020

  • 25 · Other liabilities

    beginning of year $780,213,082 · end of year $212,968,431

  • 27 · Net assets without donor restrictions

    beginning of year $2,993,973,537 · end of year $2,806,259,831

  • 28 · Net assets with donor restrictions

    beginning of year $54,551 · end of year $588,067

Mission and programs · 2022

Mission

OUR MISSION AS A NOT-FOR-PROFIT, FAITH-BASED HOSPITAL IS TO PROVIDE THE HIGHEST QUALITY HEALTHCARE SERVICES TO THE COMMUNITIES WE SERVE.

  • SEE SCHEDULE O

    Expenses $1,077,425,805 · Grants $9,399,443 · Revenue $1,510,775,731

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • DAN YOUNG

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • CINDY STOKKE

    CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    2

  • ERIC ALCOULOUMRE MD

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • VICKI BOOTH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • ROBERT BRUNSWICK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • CHRIS CALLERO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • MD CHANG MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • DENNIS GILMORE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • RICHARD HASKELL MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • PAUL HEESCHEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • JOEL KATZ MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • KAREN LINDEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • JEFF MARGOLIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 5 related

  • PAMELA MASSEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • JAMIE SHEPHERDSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • RICK TAKETA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • ROBERT BRAITHWAITE

    CEO

    Total calculated
    $3,547,892
    From this org
    $3,232,319
    From related orgs
    $0
    Other
    $315,573
    Hours/week
    50 + 9 related

    Schedule J breakdown matched by us

    Base
    $1,219,237
    Bonus
    $2,005,600
    Other
    $7,482
    Deferred
    $292,025
    Nontaxable benefits
    $24,823
    Filer's total
    $3,549,167

  • ANDREW GUARNI

    EVP AND CFO

    Total calculated
    $1,172,216
    From this org
    $1,096,127
    From related orgs
    $0
    Other
    $76,089
    Hours/week
    50 + 6 related

    Schedule J breakdown matched by us

    Base
    $700,800
    Bonus
    $370,564
    Other
    $24,763
    Deferred
    $68,120
    Nontaxable benefits
    $9,057
    Filer's total
    $1,173,304

  • RICHARD MARTIN

    VP SR PATIENT CARE SVC AND CNO

    Total calculated
    $853,160
    From this org
    $799,566
    From related orgs
    $0
    Other
    $53,594
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $469,202
    Bonus
    $287,375
    Other
    $42,989
    Deferred
    $46,425
    Nontaxable benefits
    $8,165
    Filer's total
    $854,156

  • MARCY BROWN

    VP SR CHIEF HOSPITAL OPERATION

    Total calculated
    $891,720
    From this org
    $826,218
    From related orgs
    $0
    Other
    $65,502
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $502,223
    Bonus
    $319,247
    Other
    $4,748
    Deferred
    $47,584
    Nontaxable benefits
    $18,939
    Filer's total
    $892,741

  • SANFORD SMITH

    VP SR REAL ESTATE & FACILITIES

    Total calculated
    $744,319
    From this org
    $689,126
    From related orgs
    $0
    Other
    $55,193
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $424,273
    Bonus
    $252,950
    Other
    $11,903
    Deferred
    $37,275
    Nontaxable benefits
    $18,872
    Filer's total
    $745,273

  • FLYNN ANDRIZZI

    FOUNDATION PRESIDENT

    Total calculated
    $795,536
    From this org
    $750,940
    From related orgs
    $0
    Other
    $44,596
    Hours/week
    2 + 52 related

    Schedule J breakdown matched by us

    Base
    $494,376
    Bonus
    $222,242
    Other
    $34,322
    Deferred
    $38,255
    Nontaxable benefits
    $7,361
    Filer's total
    $796,556

  • JAN BLUE

    VP SR CHIEF ADMIN OFFICER

    Total calculated
    $905,599
    From this org
    $861,155
    From related orgs
    $0
    Other
    $44,444
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $527,981
    Bonus
    $319,610
    Other
    $13,564
    Deferred
    $37,275
    Nontaxable benefits
    $8,175
    Filer's total
    $906,605

  • ERIC CHEUNG

    VP SR & CHIEF LEGAL OFFICER

    Total calculated
    $586,358
    From this org
    $519,401
    From related orgs
    $0
    Other
    $66,957
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $518,261
    Bonus
    $0
    Other
    $1,140
    Deferred
    $45,500
    Nontaxable benefits
    $22,492
    Filer's total
    $587,393

  • MARTIN FEE

    VP SR AND CCO

    Total calculated
    $689,007
    From this org
    $641,980
    From related orgs
    $0
    Other
    $47,027
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $398,865
    Bonus
    $237,500
    Other
    $5,615
    Deferred
    $47,027
    Nontaxable benefits
    $945
    Filer's total
    $689,952

  • MARGARET T CONK

    VP SR CHIEF CLINICAL INST OFF.

    Total calculated
    $828,732
    From this org
    $770,145
    From related orgs
    $0
    Other
    $58,587
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $472,956
    Bonus
    $292,798
    Other
    $4,391
    Deferred
    $50,240
    Nontaxable benefits
    $9,334
    Filer's total
    $829,719

  • KRIS IYER

    VP SR & CHIEF PHYS DEV OFFICER

    Total calculated
    $774,616
    From this org
    $737,341
    From related orgs
    $0
    Other
    $37,275
    Hours/week
    2 + 52 related

    Schedule J breakdown matched by us

    Base
    $443,014
    Bonus
    $284,835
    Other
    $9,492
    Deferred
    $37,275
    Nontaxable benefits
    $435
    Filer's total
    $775,051

  • KATHY AZEEZ NARAIN

    VP CHIEF DIGITAL OFFICER

    Total calculated
    $651,301
    From this org
    $636,051
    From related orgs
    $0
    Other
    $15,250
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $444,074
    Bonus
    $191,105
    Other
    $872
    Deferred
    $15,250
    Nontaxable benefits
    $427
    Filer's total
    $651,728

  • MICHAEL BRANT-ZAWADSKI

    EXEC DIR MED R PHYSICIAN EXEC

    Total calculated
    $789,972
    From this org
    $737,582
    From related orgs
    $0
    Other
    $52,390
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $479,476
    Bonus
    $244,254
    Other
    $13,852
    Deferred
    $40,325
    Nontaxable benefits
    $12,913
    Filer's total
    $790,820

  • ALLYSON BROOKS

    EXEC DIR MED WOMENS HEALTH

    Total calculated
    $676,992
    From this org
    $617,971
    From related orgs
    $0
    Other
    $59,021
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $407,601
    Bonus
    $205,011
    Other
    $5,359
    Deferred
    $35,750
    Nontaxable benefits
    $24,209
    Filer's total
    $677,930

  • CARMELLA CASSETTA

    VP CIO IT OPERATIONS

    Total calculated
    $557,473
    From this org
    $504,290
    From related orgs
    $0
    Other
    $53,183
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $335,713
    Bonus
    $163,984
    Other
    $4,593
    Deferred
    $35,265
    Nontaxable benefits
    $18,775
    Filer's total
    $558,330

  • PINKIE NOLAN

    VP CHIEF VALUE OFFICER

    Total calculated
    $519,465
    From this org
    $490,664
    From related orgs
    $0
    Other
    $28,801
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $321,842
    Bonus
    $165,744
    Other
    $3,078
    Deferred
    $15,250
    Nontaxable benefits
    $14,405
    Filer's total
    $520,319

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
THE ORGANIZATION MAKES ANNUAL CONTRIBUTIONS TO A SERP PLAN ON BEHALF OF CERTAIN MEMBERS OF SENIOR MANAGEMENT IN ACCORDANCE WITH PLAN DOCUMENTS. CERTAIN EXECUTIVES PARTICIPATE IN A NONQUALIFIED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN PROVIDED BY A RELATED ENTITY. THE FOLLOWING INDIVIDUALS RECEIVED A CONTRIBUTION DURING THE CURRENT YEAR: RICK MARTIN - $25,203 ROBERT BRAITHWAITE - $210,960 ANDREW GUARNI - $19,961 FLYNN ANDRIZZI - $22,845 MARTIN FEE - $8,996 MARCY BROWN - $20,926 MARGARET T. CONK- $13,165 ERIC CHEUNG - $9,750

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202343199349326984

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