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Nonprofiteer
← CEDARS-SINAI MEDICAL CARE FOUNDATION

Form 990 for tax year 2023

Filed by CEDARS-SINAI MEDICAL CARE FOUNDATION.

Totals

Total revenue
$865,156,711
Total expenses
$986,995,354
Contributions and grants received
$587,954
Grants paid
$0
Program service revenue
$857,681,177
Investment income
$6,887,580
Other revenue
$0
Total assets, end of year
$702,818,020
Total liabilities, end of year
$268,804,183
Net assets or fund balances, end of year
$434,013,837
Program services expenses (Part IX)
$780,913,621
Management and general expenses
$206,081,733
Fundraising expenses
$0
Program service expenses (Part III)
$780,913,621

Program services were 79.1% 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

    $587,569

  • 1f · All other contributions, gifts and grants

    $385

  • 2a · Program service revenue: PATIENT CARE

    total $561,593,603 · related or exempt $560,615,903 · unrelated business $977,700

  • 2b · Program service revenue: MEDICARE/MEDICAID PMT

    total $163,827,126 · related or exempt $163,827,126

  • 2c · Program service revenue: PREMIUM REVENUE

    total $131,198,958 · related or exempt $131,198,958

  • 2d · Program service revenue: SUBLEASE INCOME

    total $1,061,490 · related or exempt $1,061,490

  • 3 · Investment income

    total $6,887,580 · excluded $6,887,580

Functional expenses

Part IX, the statement of functional expenses.

  • 6 · Compensation of disqualified persons

    total $586,997 · program services $586,997

  • 7 · Other salaries and wages

    total $153,325,928 · program services $8,440,812 · management and general $144,885,116

  • 8 · Pension plan contributions

    total $6,776,869 · program services $395,091 · management and general $6,381,778

  • 9 · Other employee benefits

    total $34,618,297 · program services $1,963,561 · management and general $32,654,736

  • 10 · Payroll taxes

    total $11,071,743 · program services $645,483 · management and general $10,426,260

  • 11a · Fees: management

    total $12,776,515 · program services $12,776,515

  • 11b · Fees: legal

    total $390,307 · program services $390,307

  • 11g · Fees: other

    total $521,457,326 · program services $516,883,155 · management and general $4,574,171

  • 12 · Advertising and promotion

    total $8,051 · program services $8,051

  • 13 · Office expenses

    total $3,138,356 · program services $2,824,520 · management and general $313,836

  • 16 · Occupancy

    total $54,844,310 · program services $52,650,538 · management and general $2,193,772

  • 17 · Travel

    total $193,326 · program services $193,326

  • 19 · Conferences, conventions and meetings

    total $319,373 · program services $319,373

  • 20 · Interest

    total $500 · program services $500

  • 22 · Depreciation, depletion and amortization

    total $32,899,379 · program services $28,789,528 · management and general $4,109,851

  • 23 · Insurance

    total $8,918,737 · program services $8,918,737

  • 24a · Other expenses: PATIENT CARE

    total $123,661,275 · program services $123,661,275

  • 24b · Other expenses: REPAIR & MAINT. SERVICE

    total $4,432,962 · program services $4,432,962

  • 24c · Other expenses: PARKING

    total $3,238,409 · program services $3,238,409

  • 24d · Other expenses: UTILITIES

    total $2,393,215 · program services $2,393,215

  • 24e · All other expenses

    total $11,943,479 · program services $11,401,266 · management and general $542,213

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,550 · end of year $8,496

  • 2 · Savings and temporary cash investments

    beginning of year $106,616,494 · end of year $223,334,759

  • 4 · Accounts receivable

    beginning of year $74,525,929 · end of year $111,473,680

  • 7 · Other notes and loans receivable

    beginning of year $31,575 · end of year $15,050

  • 8 · Inventories for sale or use

    beginning of year $5,234,423 · end of year $6,854,933

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,207,756 · end of year $8,843,855

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

    $337,887,975

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

    $150,373,827

  • 10c · Land, buildings and equipment, net

    beginning of year $209,218,364 · end of year $187,514,148

  • 11 · Investments: publicly traded securities

    beginning of year $3,890,038 · end of year $4,750,869

  • 14 · Intangible assets

    beginning of year $18,026,331 · end of year $23,260,999

  • 15 · Other assets

    beginning of year $120,522,331 · end of year $136,761,231

  • 17 · Accounts payable and accrued expenses

    beginning of year $104,801,775 · end of year $134,293,856

  • 19 · Deferred revenue

    beginning of year $311,591 · end of year $33,836

  • 21 · Escrow or custodial account liability

    beginning of year $3,890,038 · end of year $4,750,869

  • 25 · Other liabilities

    beginning of year $116,064,754 · end of year $129,725,622

  • 27 · Net assets without donor restrictions

    beginning of year $318,209,633 · end of year $434,013,837

Mission and programs · 2023

Mission

THE FOUNDATION WAS FORMED TO ENHANCE THE ABILITY OF THE MEDICAL CENTER TO EFFECTIVELY AND EFFICIENTLY DELIVER HEALTH CARE SERVICES TO THE RESIDENTS OF LOS ANGELES COUNTY, CALIFORNIA. (SEE SCHEDULE O FOR CONTINUATION)IN PARTICULAR, THE MEDICAL CENTER BELIEVES THE FOUNDATION WILL FURTHER ITS CHARITABLE HEALTH CARE PURPOSES BY PROVIDING MEDICAL EDUCATION, RESEARCH AND VARIOUS MEDICAL BENEFITS TO THE COMMUNITY. PLEASE REFER TO THE STATEMENT OF PROGRAM ACCOMPLISHMENTS FOR A FULL DESCRIPTION OF SERVICES PROVIDED.

Activities or mission (Part I)

TO ENHANCE CEDARS-SINAI'S ABILITY TO EFFECTIVELY AND EFFICIENTLY DELIVER HEALTH CARE SERVICES.

  • CEDARS-SINAI MEDICAL CARE FOUNDATION (FOUNDATION), A NONPROFIT PUBLIC BENEFIT CORPORATION, WAS FORMED BY CEDARS-SINAI MEDICAL CENTER (MEDICAL CENTER), AN IRC SECTION 501(C)(3) CORPORATION, AS A MEDICAL PRACTICE FOUNDATION DESCRIBED IN SECTION 1206(L) OF THE CALIFORNIA HEALTH AND SAFETY CODE FOR THE PURPOSE OF ESTABLISHING AND OPERATING OUTPATIENT MEDICAL CARE CLINICS AS PART OF AN INTEGRATED HEALTH CARE DELIVERY SYSTEM IN LOS ANGELES COUNTY, CALIFORNIA. (SEE SCHEDULE O FOR CONTINUATION)THE MEDICAL CENTER IS THE SOLE CORPORATE MEMBER OF THE FOUNDATION. IN ADDITION, THE MEDICAL CENTER IS LICENSED AS A GENERAL ACUTE CARE HOSPITAL UNDER APPLICABLE CALIFORNIA LAWS AND OWNS AND OPERATES HEALTH CARE FACILITIES PRINCIPALLY LOCATED IN LOS ANGELES, CALIFORNIA. THE FACILITIES ARE LICENSED FOR 889 BEDS AND INCLUDE A 1.6 MILLION SQUARE FOOT MAIN COMPLEX AND OTHER PHYSICAL STRUCTURES CONTIGUOUS THERETO SITUATED ON A 19-ACRE SITE. THE MEDICAL CENTER IS THE LARGEST PRIVATE VOLUNTARY HEALTH CARE FACILITY IN THE STATE OF CALIFORNIA AND IS A TERTIARY CARE TEACHING HOSPITAL WHICH PROVIDES A FULL COMPLEMENT OF SPECIALTY AND SUBSPECIALTY SERVICES AS A REGIONAL RESOURCE.THE FOUNDATION WAS FORMED TO ENHANCE THE ABILITY OF THE MEDICAL CENTER TO EFFECTIVELY AND EFFICIENTLY DELIVER HEALTH CARE SERVICES TO THE RESIDENTS OF LOS ANGELES COUNTY, CALIFORNIA. IN PARTICULAR, THE MEDICAL CENTER BELIEVES THE FOUNDATION WILL FURTHER ITS CHARITABLE HEALTH CARE PURPOSES IN THE FOLLOWING WAYS:1. PROVIDING RESPONSE TO THE NEED FOR OUTPATIENT SERVICES: THE DELIVERY OF HEALTH CARE SERVICES IS RAPIDLY CONVERTING FROM AN INPATIENT TO AN OUTPATIENT SETTING, RESULTING IN THE NEED FOR A VEHICLE TO DELIVER OUTPATIENT AS WELL AS INPATIENT SERVICES THROUGH AN INTEGRATED HEALTH CARE DELIVERY SYSTEM. THE FOUNDATION SERVES AS THE VEHICLE. COORDINATION OF THE MEDICAL CENTER'S ACUTE CARE HOSPITAL OPERATIONS AND THE FOUNDATION'S OUTPATIENT CLINIC OPERATIONS HELP AVOID UNNECESSARY DUPLICATION, POTENTIAL EXCESS CAPACITY, AND RELATED INEFFICIENCIES, AND THEREBY REDUCES THE OVERALL COST OF DELIVERING HEALTH CARE TO THE RESIDENTS OF LOS ANGELES COUNTY.2. PROVIDES RESOURCES TO DEVELOP AND MANAGE OUTPATIENT CLINICS: THE FOUNDATION PROVIDES RESOURCES WHICH THE MEDICAL CENTER USES TO DEVELOP PRIMARY CARE AND MULTI-SPECIALTY OUTPATIENT MEDICAL CLINICS TO BETTER SERVE THE COMMUNITY. THE MEDICAL CENTER MAINTAINS SUFFICIENT CONTROL SO AS TO ENSURE THAT THOSE CLINICS OPERATE ON A NONPROFIT BASIS IN FURTHERANCE OF THE OVERALL CHARITABLE HEALTH CARE GOALS OF THE MEDICAL CENTER AND THE FOUNDATION.3. ASSUMES RISK THROUGH CAPITATED MODEL: HEALTH CARE PAYERS HAVE SHIFTED HEALTH CARE RISKS TO THE PROVIDERS OF CEDARS-SINAI MEDICAL CARE FOUNDATION HEALTH CARE SERVICES. IN DOING SO, THE PAYERS HAVE CREATED MECHANISMS AND INCENTIVES TO PROVIDE QUALITY CARE AT THE LOWEST POSSIBLE COST. THE FOUNDATION ALLOWS THE MEDICAL CENTER AND THE PHYSICIANS WITH WHOM THE FOUNDATION CONTRACTS FOR MEDICAL SERVICES TO COORDINATE INPATIENT, OUTPATIENT AND ANCILLARY SERVICES, ACHIEVE EFFICIENCIES OF SCALE, AND IN GENERAL, OPERATE MORE EFFICIENTLY IN A MANAGED CARE ENVIRONMENT, WITHOUT SACRIFICING QUALITY OF CARE. THE FOUNDATION'S MEDICAL SERVICES ARE TO BE DELIVERED EITHER AT THE OUTPATIENT CLINICS OWNED BY THE FOUNDATION OR AT THE MEDICAL CENTER'S HOSPITAL. THE FOUNDATION MAINTAINS URGENT CARE HOURS ON WEEKDAYS AND WEEKENDS DESIGNED TO HANDLE NON-LIFE-THREATENING MEDICAL EMERGENCIES WHICH DO NOT REQUIRE A VISIT TO THE HOSPITAL EMERGENCY ROOM. ADDITIONALLY, FOUNDATION PHYSICIANS ARE ON CALL 24 HOURS A DAY. TO FURTHER IMPROVE ACCESS TO CARE, CEDARS-SINAI LAUNCHED CS CONNECT, A VIRTUAL MEDICAL SERVICE AND MOBILE APPLICATION THAT ALLOWS USERS IN CALIFORNIA TO GET CARE FROM CEDARS-SINAI PROVIDERS 24/7. THE FOUNDATION ALSO PARTICIPATES IN OTHER VALUE-BASED PAYER ARRANGEMENTS TO IMPROVE PATIENT OUTCOMES AND LOWER THE SOCIETAL COST OF HEALTH CARE. THE FOUNDATION PROVIDES BEHAVIORAL HEALTH SERVICES VIA A COLLABORATIVE CARE PROGRAM IN PRIMARY CARE, FILLING A CRITICAL VOID IN THE MENTAL HEALTH CARE SYSTEM IN LOS ANGELES. THE FOUNDATION ALSO PARTICIPATES IN CMS INNOVATION PROGRAMS DESIGNED TO IMPROVE QUALITY AND LOWER THE COST OF CARE FOR MEDICARE BENEFICIARIES. THESE "ACCOUNTABLE CARE ORGANIZATIONS" ENABLE THE FOUNDATION TO PROVIDE COORDINATED SERVICES TO AN EVEN LONGER SEGMENT OF THE COMMUNITY. AMONGST THESE CAPITATED CONTRACTS ARE TWO SENIOR PROGRAMS THAT RESULT IN LOWER COSTS TO PATIENTS, AND DESIGNED TO ATTRACT AND SERVE PATIENTS WITH SPECIAL NEEDS AND FROM TRADITIONALLY DISADVANTAGED COMMUNITIES.4. PROVIDES COMMUNITY AND PHYSICIAN HEALTH EDUCATION, AND PERFORMS CLINICAL RESEARCH ACTIVITIES: THE MEDICAL CENTER AND THE FOUNDATION PROVIDE A SIGNIFICANT AMOUNT OF COMMUNITY MEDICAL EDUCATIONAL AND CLINICAL RESEARCH ACTIVITIES. THESE PROGRAMS ARE AN IMPORTANT AND MATERIAL PART OF THE OVERALL SERVICES OFFERED BY THE HEALTH SYSTEM, FOR WHICH TREMENDOUS MEDICAL AND CAPITAL RESOURCES ARE EXPENDED. THE NUMBER OF PROGRAMS OFFERED TO THE GENERAL PUBLIC WILL REPRESENT A SUBSTANTIAL INCREASE IN THE AVAILABILITY OF THESE PROGRAMS TO THE MEMBERS OF THE COMMUNITY WITHIN THE FOUNDATION SERVICE AREA.COMMUNITY EDUCATION:THE FOLLOWING FREE OR LOW COST HEALTH CARE EDUCATION PROGRAMS ARE OFFERED TO THE COMMUNITY:- SMOKING CESSATION PROGRAM- DIABETES MANAGEMENT- PRE-DIABETES- WEIGHT MANAGEMENT- MULTIPLE MEDICATION MANAGEMENT- EDUCATIONAL HEALTHCARE LECTURES TO THE COMMUNITY- COMMUNITY AND COMPANY HEALTHCARE SCREENINGS, SUCH AS GLUCOSE TESTING AND BLOOD PRESSURE CHECKS- ADVANCE CARE PLANNING - SOCIAL SUPPORT AND EDUCATION GROUPS INCLUDING FOR PATIENTS WITH LONG COVID- FALL PREVENTION CLASS- GRIEF WORKSHOP- LEAP PROGRAM TO HELP SENIORS PREVENT SOCIAL ISOLATION- PARTICIPATE WITH BLACKDOCTORS.ORG TO PROVIDE HEALTH EDUCATION AWARENESSCONTINUING PHYSICIAN EDUCATION:THE FOLLOWING EDUCATIONAL PROGRAMS ARE INTENDED TO BENEFIT THE COMMUNITY BY INCREASING THE LEVEL OF SKILL PROVIDED BY COMMUNITY PHYSICIANS:- CONTINUING EDUCATION, OPEN TO ALL PHYSICIANS IN THE COMMUNITY, INTENDED TO IMPROVE THE QUALITY OF CARE- EXPANDING THE FOCUS OF GRADUATE MEDICAL EDUCATION TO INCLUDE RESIDENCY AND FELLOWSHIP TRAINING IN PRIMARY CARE AND OUTPATIENT SERVICES- ALSO PROVIDE AN ACCREDITED RESIDENCY PROGRAM FOR PHARMACISTS, A SOCIAL WORK INTERNSHIP, AND MENTORING FOR PHARMACY STUDENTS THROUGH A COLLABORATION WITH MANY LOCAL SCHOOLS OF PHARMACY- FELLOWSHIP IN PALLIATIVE CARE PROVIDES INTERNSHIPS FOR STUDENTS IN PUBLIC HEALTH MASTERS PROGRAMSCLINICAL OUTREACH - THE FOUNDATION IS WORKING CLOSELY WITH INTERNAL MEDICINE PHYSICIANS IN THE COMMUNITY TO PERFORM CLINICAL OUTREACH TO CO-MANAGE THEIR PATIENTS WITH DIABETES, CARDIOVASCULAR DISEASE, AND THOSE WHO TAKE PERSISTENT MEDICATIONS. CLINICAL OUTREACH INTENDING TO BENEFIT THE COMMUNITY IS CONDUCTED IN THE FOLLOWING AREAS:- ANTI-COAGULATION MANAGEMENT- ASTHMA- BLOOD PRESSURE CONTROL- CHOLESTEROL MANAGEMENT- CHRONIC DISEASE MANAGEMENT- CHRONIC HEPATITIS C MANAGEMENT- CONGESTIVE HEART FAILURE- CORONARY ARTERY DISEASE- DIABETES- MIGRAINE MANAGEMENT- REDUCING HIGH RISK OPIOID AND BENZODIAZEPINE USE- STRATEGIES TO REDUCE THE COST OF CARE AND IMPROVE THE QUALITY OF CARE IN PHYSICIANS' OFFICES- WELLNESS AND PREVENTATIVE SCREENINGSHEALTH SERVICES RESEARCH:THE FOUNDATION CLINICIANS COLLABORATE WITH HSR RESEARCHERS ON PROJECTS TO IMPROVE OUTCOMES AND COST OF CARE, INCLUDING IN THE AREAS OF URINARY INCONTINENCE IN OLDER ADULTS, REDUCING POLYPHARMACY IN SENIORS, REDUCING HIGH RISK BENZODIAZEPINE USE AND REDUCING FALLS AND SOCIAL ISOLATION IN SENIORS.CLINICAL TRIALS - THE FOUNDATION ALSO PARTICIPATES IN DEDICATING TIME TO RECRUITING AND TRACKING PATIENTS FOR INSTITUTIONAL REVIEW BOARD (IRB)-APPROVED CLINICAL TRIAL EFFORTS, PARTICULARLY AROUND THE HEMATOLOGY/ONCOLOGY SPECIALTY, STUDYING SUCH AREAS AS GASTROENTEROLOGICAL AND BREAST CANCERS. THESE CLINICAL TRIALS ARE PROGRAM-RELATED AS PATIENT CARE.

    Expenses $780,913,621 · Revenue $857,681,177

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jill Martin

    PRESIDENT

    Total calculated
    $1,859,940
    From this org
    $0
    From related orgs
    $1,786,154
    Other
    $73,786
    Hours/week
    22 + 33 related

    Schedule J breakdown matched by us

    Base
    $0 + $788,243 related
    Bonus
    $0 + $507,314 related
    Other
    $0 + $490,597 related
    Deferred
    $0 + $65,268 related
    Nontaxable benefits
    $0 + $8,518 related
    Filer's total
    $0 + $1,859,940 related

  • David M Wrigley

    CHIEF FINANCIAL OFFICER

    Total calculated
    $3,198,667
    From this org
    $0
    From related orgs
    $2,858,771
    Other
    $339,896
    Hours/week
    1 + 65 related

    Schedule J breakdown matched by us

    Base
    $0 + $969,498 related
    Bonus
    $0 + $1,107,948 related
    Other
    $0 + $781,325 related
    Deferred
    $0 + $314,509 related
    Nontaxable benefits
    $0 + $25,387 related
    Filer's total
    $0 + $3,198,667 related

  • John Bendheim

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • David Kaplan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 7 related

  • William Katkov MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Thomas J Leanse Esq

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 6 related

  • James M Lippman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 9 related

  • Lawrence B Platt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 6 related

  • Thomas M Priselac

    CHAIRMAN

    Total calculated
    $8,808,801
    From this org
    $0
    From related orgs
    $7,559,774
    Other
    $1,249,027
    Hours/week
    1 + 66 related

    Schedule J breakdown matched by us

    Base
    $0 + $2,463,228 related
    Bonus
    $0 + $3,478,690 related
    Other
    $0 + $1,617,856 related
    Deferred
    $0 + $1,229,126 related
    Nontaxable benefits
    $0 + $19,901 related
    Filer's total
    $0 + $8,808,801 related

  • Susan Rabizadeh MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Marc H Rapaport

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 6 related

  • Samuel Ross MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Richard B Jacobs

    SECRETARY

    Total calculated
    $2,687,012
    From this org
    $0
    From related orgs
    $2,371,274
    Other
    $315,738
    Hours/week
    5 + 57 related

    Schedule J breakdown matched by us

    Base
    $0 + $908,308 related
    Bonus
    $0 + $572,663 related
    Other
    $0 + $890,303 related
    Deferred
    $0 + $297,768 related
    Nontaxable benefits
    $0 + $17,970 related
    Filer's total
    $0 + $2,687,012 related

  • Alen Voskanian

    CHIEF OPERATING OFFICER

    Total calculated
    $1,017,813
    From this org
    $106,422
    From related orgs
    $838,113
    Other
    $73,278
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $88,793 + $449,488 related
    Bonus
    $0 + $263,662 related
    Other
    $17,629 + $124,963 related
    Deferred
    $7,223 + $39,853 related
    Nontaxable benefits
    $5,590 + $20,612 related
    Filer's total
    $119,235 + $898,578 related

  • Cynthia Litt Deculus

    VICE PRESIDENT

    Total calculated
    $1,043,652
    From this org
    $0
    From related orgs
    $772,705
    Other
    $270,947
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $0 + $470,494 related
    Bonus
    $0 + $175,481 related
    Other
    $0 + $126,730 related
    Deferred
    $0 + $261,581 related
    Nontaxable benefits
    $0 + $9,366 related
    Filer's total
    $0 + $1,043,652 related

  • Mary Clare Lingel

    VICE PRESIDENT

    Total calculated
    $934,068
    From this org
    $0
    From related orgs
    $823,150
    Other
    $110,918
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $476,061 related
    Bonus
    $0 + $173,602 related
    Other
    $0 + $173,487 related
    Deferred
    $0 + $93,864 related
    Nontaxable benefits
    $0 + $17,054 related
    Filer's total
    $0 + $934,068 related

  • Caroline Goldzweig MD

    CHIEF MEDICAL DIRECTOR

    Total calculated
    $903,009
    From this org
    $0
    From related orgs
    $810,445
    Other
    $92,564
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $513,062 related
    Bonus
    $0 + $186,836 related
    Other
    $0 + $110,547 related
    Deferred
    $0 + $65,654 related
    Nontaxable benefits
    $0 + $26,910 related
    Filer's total
    $0 + $903,009 related

  • Stephen Deutsch MD

    SENIOR MEDICAL DIRECTOR-CSMG

    Total calculated
    $652,933
    From this org
    $581,677
    From related orgs
    $0
    Other
    $71,256
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $446,392
    Bonus
    $74,675
    Other
    $60,610
    Deferred
    $54,216
    Nontaxable benefits
    $17,040
    Filer's total
    $652,933

  • Joseph Kim

    VICE PRESIDENT

    Total calculated
    $607,528
    From this org
    $0
    From related orgs
    $561,427
    Other
    $46,101
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $365,303 related
    Bonus
    $0 + $133,346 related
    Other
    $0 + $62,778 related
    Deferred
    $0 + $27,046 related
    Nontaxable benefits
    $0 + $19,055 related
    Filer's total
    $0 + $607,528 related

  • Deborah A Botten

    VICE PRESIDENT

    Total calculated
    $622,470
    From this org
    $0
    From related orgs
    $560,185
    Other
    $62,285
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $343,660 related
    Bonus
    $0 + $133,499 related
    Other
    $0 + $83,026 related
    Deferred
    $0 + $46,200 related
    Nontaxable benefits
    $0 + $16,085 related
    Filer's total
    $0 + $622,470 related

  • Edward M Prunchunas

    FORMER OFFICER

    Total calculated
    $1,698,851
    From this org
    $0
    From related orgs
    $1,424,344
    Other
    $274,507
    Hours/week
    0 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $337,638 related
    Bonus
    $0 + $1,000,000 related
    Other
    $0 + $86,706 related
    Deferred
    $0 + $263,975 related
    Nontaxable benefits
    $0 + $10,532 related
    Filer's total
    $0 + $1,698,851 related

  • John Jenrette MD

    FORMER OFFICER

    Total calculated
    $338,110
    From this org
    $0
    From related orgs
    $245,662
    Other
    $92,448
    Hours/week
    2 + 3 related

    Schedule J breakdown matched by us

    Base
    $0 + $89,500 related
    Bonus
    $0
    Other
    $0 + $156,162 related
    Deferred
    $0 + $92,448 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $338,110 related

  • Lisa Maqueira

    FORMER HIGHEST COMPENSATED EMP

    Total calculated
    $752,275
    From this org
    $0
    From related orgs
    $690,617
    Other
    $61,658
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $438,639 related
    Bonus
    $0 + $160,736 related
    Other
    $0 + $91,242 related
    Deferred
    $0 + $44,238 related
    Nontaxable benefits
    $0 + $17,420 related
    Filer's total
    $0 + $752,275 related

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

  • 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
THERE ARE TWO NONQUALIFIED DEFERRED COMPENSATION PLANS IN WHICH ONE OR MORE OF THE LISTED PERSONS PARTICIPATE. THE FIRST PLAN IS A DEFERRED COMPENSATION PLAN. THIS IS A "GRANDFATHERED" TRADITIONAL DEFINED BENEFIT PLAN (NO NEW PARTICIPANTS HAVE BEEN ADDED SINCE 1986). THE BENEFIT FORMULA IS A PERCENTAGE OF THE HIGHEST FIVE YEARS AVERAGE ANNUAL SALARY TIMES THE NUMBER OF YEARS OF ELIGIBLE SERVICE, WITH A MAXIMUM CREDITED SERVICE OF 30 YEARS. THE SECOND PLAN IS A SUPPLEMENTAL RETIREMENT ALLOWANCE THAT IS PAYABLE DIRECTLY TO THE PARTICIPANTS EACH QUARTER. THE BENEFIT FORMULA FOR THIS PLAN HAS ANNUAL CONTRIBUTIONS THAT ARE EITHER A PERCENTAGE OF SALARY, OR ARE DESIGNED TO FUND A PERCENTAGE OF THE ESTIMATED FINAL 5-YEAR AVERAGE SALARY. IN ADDITION, FIVE INDIVIDUALS HAVE RETENTION INCENTIVES WHICH HAD CLIFF-VESTING DATES DURING CALENDAR YEAR 2023. THE FOLLOWING OFFICERS, DIRECTORS, KEY EMPLOYEES AND HIGHEST-COMPENSATED EMPLOYEES RECEIVED PAYMENTS DURING THE YEAR ENDED DECEMBER 31, 2023 RELATED TO ONE OR BOTH OF THE PLANS REFERENCED ABOVE. THESE PAYMENTS ARE INCLUDED IN SCHEDULE J, PART II AND ARE NOT INCREMENTAL PAYMENTS. DEBORAH A. BOTTEN 78,790 STEPHEN DEUTSCH, MD 48,497 CAROLINE GOLDZWEIG, MD 108,925 RICHARD B. JACOBS 810,885 JOHN JENRETTE, MD 156,162 JOSEPH KIM 62,492 MARY CLARE LINGEL 133,645 CYNTHIA LITT DECULUS 119,660 LISA MAQUEIRA 84,573 JILL MARTIN 440,330 THOMAS M. PRISELAC 1,468,376 EDWARD M. PRUNCHUNAS 77,282 ALEN VOSKANIAN 141,776 DAVID M. WRIGLEY 780,160

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

No itemized grants to organizations on this return.

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.

  • CEDARS-SINAI ACCOUNTABLE CARE LLC

    INACTIVE · CA · income $0 · assets $0

    Directly controlled by CEDARS-SINAI MEDICAL CARE FOUNDATION

Related partnerships

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

  • ENDOSCOPY CENTER OF SANTA MONICA LLC

    ENDOSCOPIES AND THE RELATED PROCEDURES · CA

  • ISS ASC HOLDINGS LLC

    INVESTMENT IN HEALTHCARE SERVICES · CA

  • CS-BH ASC HOLDINGS LLC

    HOLDING COMPANY · CA

  • INTERNATIONAL SPINE & ORTHOPEDIC INSTITUTE LLC

    SPINE AND ORTHOPEDIC INSTITUTE · DE

  • SANTA MONICA IMAGING GROUP LLC

    IMAGING CENTER · CA

  • TORRANCE MEMORIAL SURGICAL CENTER LLC I

    OUTPATIENT SURGICAL SERVICES · CA

  • 3565 DEL AMO ASSOCIATES A CALIFORNIA LIMITED PARTNERSHIP

    RENTAL REAL ESTATE · CA

  • 90210 ASC VENTURE LLC

    AMBULATORY SURGERY CENTER · CA

  • HUNTINGTON AMBULATORY SURGERY CENTER LLC

    AMBULATORY SURGERY CENTER · CA

  • ABCENTRA LLC

    RESEARCH AND DEVELOPMENT · DE

  • TIA-CEDARS MANAGEMENT SERVICES ORGANIZATION LLC

    INVESTMENT IN HEALTHCARE SERVICES · CA

  • K HEALTH-CEDARS MANAGEMENT SERVICES ORGANIZATION LLC

    HEALTHCARE MANAGEMENT SERVICES · CA

  • PASADENA ASC VENTURE LLC

    HOLDING COMPANY FOR AMBULATORY SURGERY CENTERS · CA

Related corporations and trusts

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

  • OPTIMATRIX HEALTH SOLUTIONS INC

    C · INACTIVE · CA · controlled entity

  • OTOHARMONICS CORPORATION

    C · INACTIVE · DE · controlled entity

  • GRAVIDAS DIAGNOSTICS INC

    C · MEDICAL EQUIPMENT AND SUPPLIES MANUFACTURING · DE · controlled entity

  • CONGRESS SERVICES CORPORATION

    C · MANAGEMENT SERVICES · CA · controlled entity

  • THIRD STREET INSURANCE COMPANY (SAC) LTD

    C · CAPTIVE INSURANCE · BD · controlled entity

  • LIQUID LOAN OPPORTUNITIES FUND LP

    C · INVESTMENTS · CJ · controlled entity

  • CORONET VENTURES (SINGAPORE) PTE LTD

    C · HEALTHCARE AND BIOMEDICAL INNOVATION INVESTMENTS · SN · controlled entity

  • CEDARS-SINAI UK LTD

    C · CLINIC OPERATOR · UK · controlled entity

Provenance

Return type
form_990
Tax year
2023
Filed
13 May 2025
IRS schema version
2023v6.0
Source object
202501339349309650

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