MEMORIALCARE SELECT HEALTH PLAN

EIN: 461870181 Health Care

FOUNTAIN VALLEY, CA

Total Revenue
$53,892,944
Total Expenses
$57,442,817
Total Assets
$18,885,224
Net Assets
$5,498,733
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
CA
Principal Officer
BARRY ARBUCKLE
Phone
6572413953
Tax Period
2024-07-01 to 2025-06-30

MEMORIALCARE SELECT HEALTH PLAN, founded in 2012, is a mid-sized nonprofit in the Health Care sector that reported $53.9M in total revenue in fiscal year 2024.

Mission

THE SPECIFIC PURPOSE OF MEMORIALCARE SELECT HEALTH PLAN (MCSHP) IS TO PROMOTE THE SOCIAL COMMON GOOD AND GENERAL WELFARE OF THE COMMUNITIES SERVED BY MCSHP BY OPERATING, DIRECTLY OR THROUGH DIVISIONS, SUBSIDIARIES OR JOINT VENTURES WITH OTHER HEALTH PROVIDERS, A CALIFORNIA KNOX KEENE HEALTH CARE SERVICE PLAN (THE "PLAN") AS DEFINED IN THE KNOX-KEENE HEALTH CARE SERVICES PLAN ACT OF 1975, AS AMENDED, AND TO ENGAGE IN ALL ACTIVITIES THAT SUPPORT, FURTHER OR RELATE TO THE OPERATION OF THE PLAN. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, THE PRIMARY INITIAL PURPOSE OF THE CORPORATION IS TO SUPPORT MANAGED MEDI-CAL MEMBERS IN PREPARATION OF THE CALIFORNIA CHILDREN'S SERVICES DEMONSTRATION PROJECTS UNDERTAKEN BY THE CALIFORNIA DEPARTMENT OF HEALTH SERVICES.

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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 $0
Program Service Revenue $53,871,803
Investment Income $21,141
Other Revenue $0
TOTAL REVENUE $53,892,944

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,594,125
Fundraising Expenses $0
Program Expenses $50,273,494
Other Expenses $51,848,692
TOTAL EXPENSES $57,442,817

Year-over-Year Comparison

2024 2023 Change
Revenue $53,892,944 $53,674,152 +0.0%
Expenses $57,442,817 $59,342,816 0.0%
Net Income $-3,549,873 $-5,668,664 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
4
Independent Members
2
Employees
50
Volunteers
2

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
3
$8,387,487
Total Directors
5
$8,828,015
Key Employees
1
$598,502
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARRY S ARBUCKLE BOARD CHAIR, MHS PRESIDENT/CEO 1.00
Officer Director
$0 $1,223,783 $7,083,129
YAIR KATZ BOARD MEM CHIEF EX, MCWH&SVP PED(THRU 2/25) 1.00
Director
$0 $198,657 $1,185,909
STEPHEN MCNAMARA VP PFS AND CFO SHP 4.00
Officer
$0 $154,600 $745,381
SCOTT FERER MD CHIEF MEDICAL OFFICER 60.00
Key Emp
$524,427 $74,075 $598,502
MARIBEL FERRER BOARD MEMBER, CEO, SHP 1.00
Officer Director
$497,389 $61,588 $558,977
INDIRA GOWDA MEDICAL DIRECTOR 60.00
Highest
$327,263 $27,661 $354,924
MARK GUNTER DIRECTOR, FINANCE 60.00
Highest
$202,276 $22,389 $224,665
SANDRA K JENSEN RN, CASE MANAGER, LEAD 60.00
Highest
$151,243 $16,607 $167,850
HIEU HAN MANAGER, ENROLLMENT 60.00
Highest
$121,243 $22,379 $143,622
LETICIA LOPEZ MANAGER, CLAIMS 60.00
Highest
$104,672 $22,979 $127,651
MARIA CHANDLER MD BOARD MEMBER 1.00
Director
$0 $0 $0
ABIGAIL FLETCHER MD BOARD MEMBER 1.00
Director
$0 $0 $0
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 $53,892,944 $57,442,817 $18,885,224 $-3,549,873
2024 No data No data No data No data
2023 $51,349,756 $62,969,317 $27,780,950 $-11,619,561
2022 $42,722,051 $57,489,704 $20,904,666 $-14,767,653
2021 $35,512,863 $54,086,787 $15,275,269 $-18,573,924
2019 $42,965,711 $56,837,539 $12,116,323 $-13,871,828
2018 $40,795,123 $53,647,486 $10,940,456 $-12,852,363
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