CFHS HOLDINGS INC

EIN: 201645949 501(c)(3) Health Care

MARINA DEL REY, CA

Total Revenue
$157,468,284
Total Expenses
$171,480,514
Total Assets
$181,744,263
Net Assets
$64,583,016
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
CA
Principal Officer
BRYAN CROFT
Phone
3108238911
Tax Period
2022-07-01 to 2023-06-30

CFHS HOLDINGS INC, founded in 2004, is a major nonprofit in the Health Care sector that reported $157.5M in total revenue in fiscal year 2022.

Mission

* AS A LEADING ACADEMIC HEALTHCARE ORGANIZATION, THE HOSPITAL'S MISSION IS TO ELEVATE THE HEALTH STATUS OF THE COMMUNITIES SERVED.* THE HOSPITAL'S MISSION IS FOUNDED IN THE JUDAIC TRADITION, WHICH INSPIRES ITS DEVOTION TO THE ART AND SCIENCE OF HEALING.

Program Service Accomplishments

Program 1
Expenses: $129,984,193 Revenue: $156,594,612

CFHS HOLDINGS, INC., DOING BUSINESS AS CEDARS-SINAI MARINA DEL REY HOSPITAL ("THE HOSPITAL"), IS A 133-BED NONPROFIT HOSPITAL. THE HOSPITAL IS FULLY ACCREDITED WITH THE JOINT COMMISSION ("TJC"), A...

Read more

CFHS HOLDINGS, INC., DOING BUSINESS AS CEDARS-SINAI MARINA DEL REY HOSPITAL ("THE HOSPITAL"), IS A 133-BED NONPROFIT HOSPITAL. THE HOSPITAL IS FULLY ACCREDITED WITH THE JOINT COMMISSION ("TJC"), A NATIONALLY RECOGNIZED ORGANIZATION PROVIDING THE HIGHEST STANDARDS FOR SAFETY AND QUALITY OF CARE. THE HOSPITAL HAS THE FOLLOWING INPATIENT AND OUTPATIENT SERVICES: 24-HOUR EMERGENCY CARE INCLUDING TELESTROKE SERVICES IN COLLABORATION WITH NEUROSURGEONS FROM CEDARS-SINAI MEDICAL CENTER ("CSMC"), ICU, TELEMETRY, INPATIENT AND OUTPATIENT DIAGNOSTIC SERVICES AND ADVANCED SURGICAL TECHNOLOGY, CAREFULLY PRACTICED UNDER THE SUPERVISION AND SKILLED HANDS OF WORLD-CLASS PHYSICIANS, NURSES AND ALLIED HEALTH CARE PROFESSIONALS.(SEE SCHEDULE O FOR CONTINUATION)(CONTINUED FROM PAGE 2)HOSPITAL SERVICES:- 24-HOUR EMERGENCY SERVICES- TELEMEDICINE STROKE PROGRAM IN THE EMERGENCY ROOM- TELEPSYCH SERVICES IN THE EMERGENCY ROOM- INTENSIVE CARE UNIT- TELEMETRY/MEDICAL SURGICAL UNITS (CARDIAC MONITORED BEDS)- INPATIENT AND OUTPATIENT DIAGNOSTIC SERVICES (LAB, IMAGING, GI, CARDIOLOGY)- OUTPATIENT SPINE CLINIC (THE MARINA SPINE CENTER)- MINIMALLY INVASIVE SURGICAL SERVICES (FOR HERNIA, APPENDECTOMY, GALL BLADDER, COLON, ANTI-REFLUX, WEIGHT MANAGEMENT, SPINE, TOTAL HIP, TOTAL KNEE CASES), UTILIZING THE DA VINCI ROBOT AND THE MAKO STRYKER ORTHO ROBOT.HOSPITAL STATISTICS:EMPLOYEES: 771PHYSICIANS WITH HOSPITAL PRIVILEGES: 330SURGEONS WITH HOSPITAL PRIVILEGES: 175NUMBER OF SURGERIES ANNUALLY: 3,757NUMBER OF ER VISITS ANNUALLY: 39,787PAYOR % - MEDICARE: 36.2%, MEDI-CAL: 3.7%, COMMERCIAL AND MANAGED CARE: 54.5%, SELF-PAY AND OTHER: 5.6% HOSPITAL OPERATIONS:CONTINUED ENHANCEMENTS TO THE REPORTING CAPABILITIES OF THE ELECTRONIC MEDICAL RECORDS SYSTEM, INCLUDING UPGRADED TECHNOLOGY AND REPORTING CAPABILITIES, HAVE IMPROVED THE ABILITY OF PHYSICIANS AND CLINICAL STAFF TO VIEW PRIOR VISIT RECORDS, ENHANCE PATIENT SAFETY VIA ALERTS, INCREASE DATA ANALYSIS, AND HAVE DECREASED THE AMOUNT OF LABOR FOR SCANNING OF PAPER DOCUMENTS AND ANALYSIS OF DATA.COMMUNITY SUPPORT AND ENGAGEMENT HIGHLIGHTS:- THE MARINA SPINE CENTER IS A NATIONALLY RECOGNIZED OUTPATIENT CARE CENTER. IT IS A MULTIDISCIPLINARY CENTER OFFERING COMPREHENSIVE SPINE SERVICES, FROM EVALUATION AND DIAGNOSIS LEADING TO SURGERY AND REHABILITATION.- CEDARS-SINAI MARINA DEL REY HOSPITAL IS THE ONLY HOSPITAL LOCATED WITHIN LOS ANGELES' 11TH DISTRICT AND IS ACTIVELY INVOLVED AS A COMMUNITY PARTNER. THE HOSPITAL HAS ESTABLISHED KEY PARTNERSHIPS WITH LOCAL ORGANIZATIONS TO REDUCE HEALTH DISPARITIES, IMPROVE ACCESS TO CARE, AND FOOD INSECURITY, AND PROMOTION OF OVERALL HEALTH AND WELL-BEING FOR VULNERABLE MEMBERS OF OUR COMMUNITY.- THE HOSPITAL LEADERSHIP ENGAGES WITH THE COMMUNITY IN A VARIETY OF WAYS ON A CONSISTENT BASIS. FACILITY STAFF REPRESENTS THE HOSPITAL AT THE FOLLOWING LOCAL COMMUNITY EVENTS AND COLLABORATIVES LISTED BELOW. PARTICIPATION HAS BEEN A HYBRID OF VIRTUAL AND IN-PERSON. *PLAYA VISTA SUNRISE ROTARY CLUB *MAR VISTA FAMILY CENTER *AIRPORT MARINA COUNSELING *VENICE BOYS AND GIRLS CLUB *MAR VISTA BOYS AND GIRLS CLUB *VENICE FAMILY CLINIC *THE PEOPLE CONCERN (FORMERLY OPCC) *ST. JOSEPH CENTER - CES (COORDINATED ENTRY SYSTEM) *LAX COASTAL CHAMBER OF COMMERCE *INCLUSION MATTERS BY SHANE'S INSPIRATION SPECIFIC HOSPITAL STAFF ATTEND MONTHLY OR QUARTERLY MEETINGS IN-PERSON OR IN A VIRTUAL SETTING WHEN AVAILABLE.- THE HOSPITAL ADOPTS FAMILIES DURING THE HOLIDAY SEASON THROUGH SEVERAL OF THE ABOVE AGENCIES AND HOSPITAL LEADERSHIP ACTIVELY PARTICIPATES IN OTHER FUND-RAISING COMMUNITY EVENTS THROUGH BOTH MONETARY AND EMPLOYEE SUPPORT.- THE HOSPITAL PROVIDES FREE COMMUNITY FLU CLINICS, STROKE PREVENTION EDUCATION, AND HELPS FUND COMMUNITY GARDENS FOR OUR LOCAL BOYS & GIRLS CLUB.PROGRAM ACCOMPLISHMENTS/DEVELOPMENT:- THE HOSPITAL, IN COLLABORATION WITH CSMC NEUROLOGY DEPARTMENT HAS BEEN UTILIZING TELEMEDICINE IN THE EMERGENCY ROOM SINCE FEBRUARY 2017 TO SUCCESSFULLY DIAGNOSE STROKE AND EXPEDITE TREATMENT. - THE HOSPITAL STARTED A TELE-ICU/ICU INTENSIVIST PROGRAM WITH PHYSICIANS FROM CSMC IN 2020 IN RESPONSE TO THE HIGHER ACUITY PATIENTS BECAUSE OF COVID-19. THE CONTINUED SUCCESS OF THIS PROGRAM HAS BROUGHT A HIGHER LEVEL OF CARE AND MANAGEMENT OF PATIENTS TO THE HOSPITAL.- IN APRIL 2022, THE HOSPITAL CONTRACTED WITH ARRAY BEHAVIORAL CARE SERVICES TO PROVIDE A TELE-PSYCH SERVICE TO OUR BEHAVIORAL HEALTH PATIENT POPULATION. THIS PROGRAM HAS CONTINUED TO BRING A MUCH-NEEDED RESOURCE TO PATIENTS IN THE EMERGENCY ROOM AND WITHIN THE COMMUNITY.- THE HOSPITAL, IN COLLABORATION WITH CSMC, OBTAINED THE AMERICAN HEART/AMERICAN STROKE ASSOCIATION AND THE JOINT COMMISSION PRIMARY STROKE CENTER CERTIFICATION IN 2022.- FURTHER, SPECIALTY PHYSICIANS ARE ROTATING THROUGH A CLINIC ADJACENT TO THE HOSPITAL TO COVER SPECIALTIES NOT PREVIOUSLY OFFERED AT THE HOSPITAL. SERVICES PROVIDED INCLUDE ENT, GYN, CARDIOLOGY, GI, AND NEUROLOGY. THE SPECIALISTS ALTERNATE DAYS OF THE WEEK MAKING FOLLOW-UP APPOINTMENTS EASIER FOR PATIENTS WHO HAVE BEEN SEEN AS INPATIENTS IN THE HOSPITAL. THIS ALSO HELPS REDUCE READMISSIONS AND IS CONVENIENT FOR THE PATIENTS IN THE COMMUNITY.- THE HOSPITAL HAS ALSO PARTICIPATED IN THE BRIDGE NAVIGATOR PROGRAM IN COLLABORATION WITH THE CALIFORNIA DEPARTMENT OF HEALTH CARE SERVICES. THIS PROGRAM PROVIDES GRANT FUNDING TO SUPPORT THE EMERGENCY DEPARTMENT OF THE HOSPITAL TO BECOME A PRIMARY ACCESS POINT FOR THE TREATMENT OF SUBSTANCE ABUSE DISORDERS AND CO-OCCURRING MENTAL HEALTH CONDITIONS. THIS PROGRAM WHICH STARTED IN THE SUMMER OF 2022 HAS BEEN RUNNING SUCCESSFUL SINCE AND HAS RECEIVED ADDITIONAL GRANT FUNDING THROUGH FISCAL YEAR 2023.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $873,672
Program Service Revenue $156,186,562
Investment Income $0
Other Revenue $408,050
TOTAL REVENUE $157,468,284

Expense Breakdown

Grants Paid $18,750
Salaries & Benefits $88,939,351
Fundraising Expenses $0
Program Expenses $129,984,193
Other Expenses $82,522,413
TOTAL EXPENSES $171,480,514

Year-over-Year Comparison

2022 2021 Change
Revenue $157,468,284 $150,950,238 +0.0%
Expenses $171,480,514 $168,438,628 +0.0%
Net Income $-14,012,230 $-17,488,390 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
4
Employees
983
Volunteers
4

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$6,168,732
Total Directors
7
$7,178,814
Key Employees
1
$686,534
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MOHAMED MIKE AHMAR BOARD MEMBER 2.00
Director
$0 $0 $0
STEVEN KREMS MD CHIEF MEDICAL OFFICER/BOARD MEMBER 28.00
Director
$527,844 $25,493 $553,337
THOMAS J LEANSE ESQ BOARD MEMBER 2.00
Director
$0 $0 $0
SAMEER MALHOTRA MD BOARD MEMBER 2.00
Director
$0 $0 $0
THOMAS M PRISELAC CHAIR 2.00
Director
$0 $768,274 $6,625,477
LESLIE VERMUT BOARD MEMBER 2.00
Director
$0 $0 $0
THOMAS J WAFER JR BOARD MEMBER 2.00
Director
$0 $0 $0
JEFFREY SMITH MD JD MMM CHIEF EXECUTIVE OFFICER 2.00
Officer
$0 $55,271 $2,045,344
BRYAN CROFT CHIEF EXECUTIVE OFFICER/SECRETARY 2.00
Officer
$0 $108,850 $1,538,120
NOLLY DAVE-SACHDEV CFO/TREASURER 50.00
Officer
$376,414 $18,641 $395,055
DAVID M WRIGLEY SECRETARY 2.00
Officer
$0 $242,343 $2,190,213
JOANNE LAGUNA-KENNEDY CHIEF OPERATING OFFICER 50.00
Key Emp
$656,687 $29,847 $686,534
DANIELLE GABELE CHIEF NURSING OFFICER 40.00
Highest
$388,729 $23,462 $412,191
SHABNAM NICKS EXEC DIRECTOR-CLINICAL CARE SERVICES 40.00
Highest
$363,041 $10,255 $373,296
DAVID J WATKINS DIRECTOR-EMERGENCY DEPT 40.00
Highest
$294,540 $15,816 $310,356
ANGELA HARVEY DIRECTOR-HR 40.00
Highest
$286,667 $14,100 $300,767
LAUREN AMATO EXEC DIRECTOR-SUPPORT SERVICES 40.00
Highest
$277,587 $16,100 $293,687
SONIYA GANDHI MD FORMER HIGHEST COMPENSATED EMP 0.00
$0 $40,073 $770,084
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $157,468,284 $171,480,514 $181,744,263 $-14,012,230
2022 $150,950,238 $168,438,628 $185,230,389 $-17,488,390
2021 $139,933,345 $153,207,680 $166,247,571 $-13,274,335
2020 $136,116,103 $135,734,258 $147,959,387 $381,845
2019 $186,672,127 $121,017,783 $128,759,169 $65,654,344
2018 $109,325,916 $111,323,936 $71,606,899 $-1,998,020
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CFHS HOLDINGS INC with other nonprofits in California and across the country.