TORRANCE, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Torrance Health Association, founded in 1984, is a major nonprofit in the Health Care sector that reported $280.6M in total revenue in fiscal year 2022. Revenue grew 16% year-over-year, indicating healthy expansion.
TORRANCE HEALTH ASSOCIATION (THA) SUPPORTS TORRANCE MEMORIAL MEDICAL CENTER (TMMC) AND ITS CHARITABLE MISSION OF PROVIDING HEALTH SERVICES TO THE COMMUNITY OF TORRANCE, CA AND SURROUNDING AREAS.
TORRANCE MEMORIAL PHYSICIAN NETWORK (TMPN) IS A PRIMARY CARE AND MULTI-SPECIALTY NETWORK OF PHYSICIANS AND HEALTH PROFESSIONALS FOCUSED ON IMPROVING THE LIVES AND HEALTH OF THE POPULATION IN THE...
TORRANCE MEMORIAL PHYSICIAN NETWORK (TMPN) IS A PRIMARY CARE AND MULTI-SPECIALTY NETWORK OF PHYSICIANS AND HEALTH PROFESSIONALS FOCUSED ON IMPROVING THE LIVES AND HEALTH OF THE POPULATION IN THE COMMUNITY. THEIR FOCUS IS ON FAMILY AND INTERNAL MEDICINE, BUT ALSO OFFERS SUB-SPECIALTY MEDICAL SERVICES SUCH AS ENDOCRINOLOGY, RHEUMATOLOGY, OB-GYN, CANCER CARE, PALLIATIVE CARE, NEUROLOGY, CARDIOLOGY, PEDIATRICS, PAIN MANAGEMENT, ORTHOPEDICS, RADIOLOGY, PHYSICAL THERAPY AND REHABILITATION, SLEEP STUDIES, URGENT CARE, AND DIABETES CARE. TMPN PROVIDES GUIDANCE ON WHAT MEDICAL SCREENING IS NEEDED AND WHEN TO HAVE THEM. THE PARTNERSHIP WITH TORRANCE MEMORIAL HEALTH SYSTEM BRINGS VALUABLE RESOURCES THAT ENABLE THEM TO PROVIDE A HIGHER LEVEL OF COORDINATED, COMPASSIONATE, AND HIGHLY PERSONAL CARE. TMPN EMPHASIZES COMMUNICATION AND COLLABORATIVE APPROACH TO INTEGRATED CARE FOR THE WHOLE PATIENT.
TORRANCE MEMORIAL IPA (TMIPA) IS A MULTI-SPECIALTY PHYSICIAN NETWORK THAT OFFERS OVER 170 PRIMARY CARE DOCTORS AND 400 SPECIALISTS TO ITS MEMBERS AS WELL AS THE NATIONALLY RECOGNIZED TORRANCE...
TORRANCE MEMORIAL IPA (TMIPA) IS A MULTI-SPECIALTY PHYSICIAN NETWORK THAT OFFERS OVER 170 PRIMARY CARE DOCTORS AND 400 SPECIALISTS TO ITS MEMBERS AS WELL AS THE NATIONALLY RECOGNIZED TORRANCE MEMORIAL MEDICAL CENTER. TMIPA GIVES EASY ACCESS TO THE SOUTH BAY'S LEADING DOCTORS, SPECIALISTS, AND HEALTHCARE PRACTITIONERS AND HAS BEEN SERVING THE SOUTH BAY COMMUNITY FOR OVER 30 YEARS. THEY PROVIDE PERSONALIZED, CUTTING-EDGE MEDICAL CARE TO ITS MEMBERS. THE VARIED EDUCATIONAL AND EXPERIENTIAL BACKGROUNDS OF THE TMIPA LEADERSHIP, RANGING FROM MEDICINE OVER PUBLIC HEALTH TO MANAGEMENT, ALLOW A BROAD AND COMPREHENSIVE APPROACH TO THE MEDICAL CARE OF ITS MEMBERS.
THA PROVIDES FACILITIES FOR THE HOSPITAL'S (TMMC) SATELLITE BREAST DIAGNOSTIC SERVICES. THE SATELLITE CENTERS HELP MAKE MAMMOGRAMS MORE ACCESSIBLE AND AVAILABLE TO WOMEN IN THE COMMUNITY. ON BEHALF...
THA PROVIDES FACILITIES FOR THE HOSPITAL'S (TMMC) SATELLITE BREAST DIAGNOSTIC SERVICES. THE SATELLITE CENTERS HELP MAKE MAMMOGRAMS MORE ACCESSIBLE AND AVAILABLE TO WOMEN IN THE COMMUNITY. ON BEHALF OF TORRANCE MEMORIAL MEDICAL CENTER (TMMC), TORRANCE HEALTH ASSOCIATION (THA) MAKES STRATEGIC FINANCIAL AND LEGAL DECISIONS, IDENTIFIES AVAILABLE RESOURCES, AND PROVIDES DIRECTION AND GUIDANCE IN ORDER TO MAXIMIZE RESOURCES AVAILABLE FOR US IN DELIVERING COST-EFFECTIVE HEALTH CARE TO THE COMMUNITY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $280,618,946 | $242,475,878 | +0.2% |
| Expenses | $302,193,919 | $274,370,665 | +0.1% |
| Net Income | $-21,574,973 | $-31,894,787 | -0.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| N/A | President/CEO/Assist Treasurer | 22.0 |
Officer
Director
|
$1,315,993 | $244,276 | $1,560,269 |
| N/A | Vice Chairman | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | Chairman | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | Secretary | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | Treasurer | 3.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | Board Member - Part Year | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member - Part Year | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member - Part Year | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Senior VP/Chief Finance Officer | 20.0 |
Officer
|
$475,502 | $103,120 | $578,622 |
| N/A | Sr VP/Exec Officer of TMIPA | 40.0 |
Key Emp
|
$507,968 | $107,974 | $615,942 |
| N/A | Chief Medical Officer - TMIPA | 40.0 |
Key Emp
|
$324,984 | $28,048 | $353,032 |
| N/A | Sr. VP Business & Operations | 40.0 |
Key Emp
|
$459,829 | $49,530 | $509,359 |
| N/A | Sr VP - Chief Medical Officer | 8.3 |
Key Emp
|
$285,057 | $18,905 | $303,962 |
| N/A | Executive VP | 20.0 |
Key Emp
|
$856,851 | $149,857 | $1,006,708 |
| N/A | VP Ops, Managed Care TMIPA | 40.0 |
Key Emp
|
$293,264 | $31,851 | $325,115 |
| N/A | Physician | 40.0 |
Highest
|
$908,926 | $0 | $908,926 |
| N/A | Physician | 40.0 |
Highest
|
$848,147 | $43,704 | $891,851 |
| N/A | Physician | 40.0 |
Highest
|
$849,302 | $45,704 | $895,006 |
| N/A | Physician | 40.0 |
Highest
|
$844,185 | $46,454 | $890,639 |
| N/A | Physician | 40.0 |
Highest
|
$843,397 | $48,454 | $891,851 |
| 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 | $280,618,946 | $302,193,919 | $168,270,670 | $-21,574,973 |
| 2022 | $242,475,878 | $274,370,665 | $167,541,323 | $-31,894,787 |
| 2021 | $225,041,407 | $246,504,158 | $170,153,261 | $-21,462,751 |
| 2020 | $190,486,270 | $210,083,346 | $161,368,953 | $-19,597,076 |
| 2019 | $185,733,934 | $206,839,031 | $128,911,636 | $-21,105,097 |
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