MARTIN LUTHER KING JR-LOS ANGELES HEALTHCARE CORPORATION

EIN: 274658935 501(c)(3) Health Care

LOS ANGELES, CA

Total Revenue
$461,003,899
Total Expenses
$447,026,053
Total Assets
$618,908,058
Net Assets
$80,290,364
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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
CA
Principal Officer
DR ELAINE BATCHLOR
Phone
4243388000
Tax Period
2024-07-01 to 2025-06-30

MARTIN LUTHER KING JR-LOS ANGELES HEALTHCARE CORPORATION, founded in 2010, is a major nonprofit in the Health Care sector that reported $461.0M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $447.0M left a modest 3% surplus.

Mission

TO PROVIDE COMPASSIONATE, COLLABORATIVE, QUALITY CARE AND IMPROVE THE HEALTH OF OUR COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $419,089,142 Revenue: $399,759,081

MARTIN LUTHER KING, JR. COMMUNITY HOSPITAL (MLKCH) IS A COMPLETELY NEW FACILITY REPLACING A PRIOR COUNTY FACILITY THAT WAS CLOSED DUE TO QUALITY OF CARE ISSUES IN 2007. MLKCH IS A UNIQUE...

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MARTIN LUTHER KING, JR. COMMUNITY HOSPITAL (MLKCH) IS A COMPLETELY NEW FACILITY REPLACING A PRIOR COUNTY FACILITY THAT WAS CLOSED DUE TO QUALITY OF CARE ISSUES IN 2007. MLKCH IS A UNIQUE PRIVATE-PUBLIC PARTNERSHIP. AS A PRIVATE, NON-PROFIT FREESTANDING 501(C)(3) CORPORATION, MLKCH LEASES A COMPLETELY NEW $280 MILLION HOSPITAL FACILITY FROM THE COUNTY OF LOS ANGELES. MLKCH WAS LICENSED BY THE CALIFORNIA DEPARTMENT OF PUBLIC HEALTH ON APRIL 28, 2015 AND OPENED TO PATIENT CARE ON MAY 14, 2015. AFTER INITIAL LICENSING, MLKCH PASSED THROUGH THE FOLLOWING MILESTONES AS IT BECAME FULLY OPERATIONAL:- ACCREDITED BY THE JOINT COMMISSION ON JUNE 30, 2015- OPENED ITS EMERGENCY DEPARTMENT ON JULY 7, 2015- BEGAN ACCEPTING RESCUE AMBULANCES ON AUGUST 11, 2015- STAGED A PHASED OPENING OF ITS INPATIENT FACILITIES SO THAT ALL INPATIENT BEDS WERE OPENED AND STAFFED BY DECEMBER 2015. SINCE THEN, HOSPITAL HAS CREDENTIALED ALMOST 400 PHYSICIANS AND HIRED OVER 2,000 EMPLOYEES AND CONTRACTORS TO MEET THE EXPECTED VOLUME OF PATIENTS. MLKCH'S SERVICE AREA IS ONE OF THE POOREST IN METROPOLITAN LOS ANGELES AND SUFFERS FROM A SEVERE SHORTAGE OF PHYSICIANS. AS A RESULT, EMERGENCY DEPARTMENT VOLUME HAS CONSISTENTLY EXCEEDED PROJECTIONS.IN JANUARY 2020, THE HOSPITAL, THROUGH WORKING WITH A DEVELOPER AND THE COUNTY OF LOS ANGELES, COMPLETED THE CONSTRUCTION OF A 50,000 SQ. FT. MEDICAL OFFICE BUILDING, A TWO STORY BUILDING ADJACENT TO THE HOSPITAL. THE HOSPITAL WILL BE EXPANDING OUTPATIENT SERVICES TO INCLUDE WOUND CARE AND OTHER SERVICES. IN THE FISCAL YEAR ENDED JUNE 30, 2025, MLKCH SERVED ITS COMMUNITY BY PROVIDING 9,551 ACUTE INPATIENT ADMISSIONS, 51,105 ACUTE INPATIENT DAYS, 601 DELIVERIES, 2,062 INPATIENT SURGERIES, 428 OUTPATIENT SURGERIES, 124,457 OUTPATIENT AND INPATIENT EMERGENCY VISITS, AND 6,469 OUTPATIENT OBSERVATION VISITS.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $53,626,043
Program Service Revenue $399,759,081
Investment Income $2,782,114
Other Revenue $4,836,661
TOTAL REVENUE $461,003,899

Expense Breakdown

Grants Paid $7,293,685
Salaries & Benefits $183,012,183
Fundraising Expenses $0
Program Expenses $419,089,142
Other Expenses $256,720,185
TOTAL EXPENSES $447,026,053

Year-over-Year Comparison

2024 2023 Change
Revenue $461,003,899 $409,840,535 +0.1%
Expenses $447,026,053 $418,930,930 +0.1%
Net Income $13,977,846 $-9,090,395 -2.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
9
Employees
2042
Volunteers
16

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
20
$7,213,775
Total Directors
10
$1,291,417
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELAINE BATCHLOR CHIEF EXECUTIVE OFFICER 40.00
Officer Director
$1,252,698 $38,719 $1,291,417
MANUEL A ABASCAL JD CHAIR 8.00
Officer Director
$0 $0 $0
THOMAS FISHER MD TREASURER 3.00
Officer Director
$0 $0 $0
PAUL KING VICE CHAIR 5.00
Officer Director
$0 $0 $0
KEDAR MATE MD SECRETARY 3.00
Officer Director
$0 $0 $0
GEORGINA R GARCIA RN BOARD MEMBER 3.00
Director
$0 $0 $0
RAMANATHAN RAJU MD BOARD MEMBER 3.00
Director
$0 $0 $0
MICHELLE GASKILL-HAMES BOARD MEMBER 3.00
Director
$0 $0 $0
ROBERT MARGOLIS MD BOARD MEMBER 3.00
Director
$0 $0 $0
WANDA COLE-FRIEMAN BOARD MEMBER 3.00
Director
$0 $0 $0
JOHN FISHER CHIEF MEDICAL OFFICER 40.00
Officer
$657,831 $38,719 $696,550
KURT STAUDER PRESIDENT OF MEDICAL GROUP (THRU 06/25) 8.00
Officer
$545,401 $10,350 $555,751
JEFFREY STOUT CHIEF OPERATING OFFICER 40.00
Officer
$540,559 $12,498 $553,057
JORGE REYNO JR CHIEF OPERATING & NURSING OFFICER 40.00
Officer
$479,243 $43,012 $522,255
MARIA DE LEON VP OF QUALITY 40.00
Officer
$421,295 $14,632 $435,927
DYAN SUBLETT - PRESIDENT OF MLK COMMUNITY HEALTH FOUNDATION 1.00
Officer
$419,337 $43,012 $462,349
SUSAN SMITH SR VP HUMAN RESOURCES 40.00
Officer
$368,026 $43,012 $411,038
TRACY DONEGAN CHIEF INFORMATION INNOVATION 40.00
Officer
$363,190 $26,044 $389,234
STEVEN CIAMPA CHIEF FINANCIAL OFFICER 40.00
Officer
$286,021 $23,059 $309,080
JONATHAN WESTALL VP OF ANCILLARY SERVICES 40.00
Officer
$293,731 $49,075 $342,806
HOLLY MARTIN VP OF HEALTH IT SOLUTIONS 40.00
Officer
$239,489 $30,124 $269,613
GWENDOLYN DRISCOLL VP OF STRATEGIC COMMS 40.00
Officer
$220,502 $23,596 $244,098
BRUCE POLLACK SR. VP STRATEGIC PLANNING 24.00
Officer
$260,318 $26,814 $287,132
CHAD VARGAS VP OF AMBULATORY SERVICES 40.00
Officer
$196,678 $35,729 $232,407
PATRICK CHEN VP PH STRATEGY INNOVATION 40.00
Officer
$198,690 $12,371 $211,061
FLORENCE SEKIKWA RN 3 36.00
Highest
$413,439 $26,094 $439,533
JEANETTE OAKES RN 3 36.00
Highest
$300,425 $49,072 $349,497
BRIDGETTE CODY RN 3 36.00
Highest
$249,226 $17,694 $266,920
MONICA RODRIQUEZ RN 2 36.00
Highest
$247,837 $27,909 $275,746
KARLO SORIA RN CLINICAL SUPERVISOR 36.00
Highest
$245,767 $18,582 $264,349
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 $461,003,899 $447,026,053 $618,908,058 $13,977,846
2024 $409,840,535 $418,930,930 $607,301,315 $-9,090,395
2023 $377,768,499 $412,570,722 $611,124,944 $-34,802,223
2022 $366,589,005 $375,211,113 $572,914,024 $-8,622,108
2021 $354,664,928 $343,592,014 $541,476,457 $11,072,914
2020 $344,138,947 $328,784,514 $518,912,922 $15,354,433
2019 $326,866,961 $316,524,585 $484,191,904 $10,342,376
2018 $338,026,989 $298,649,033 $454,546,970 $39,377,956
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