Adventist Health Clearlake Hospital Inc

EIN: 680395149 501(c)(3) Health Care

Clearlake, CA

Total Revenue
$191,802,226
Total Expenses
$179,675,882
Total Assets
$152,811,093
Net Assets
$42,067,045
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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
CA
Principal Officer
Colleen Assavapisitkul
Phone
9164060000
Tax Period
2023-01-01 to 2023-12-31

Adventist Health Clearlake Hospital Inc, founded in 1996, is a major nonprofit in the Health Care sector that reported $191.8M in total revenue in fiscal year 2023. Expenses of $179.7M left a modest 6% surplus.

Mission

Living God's love by inspiring health, wholeness and hope.

Program Service Accomplishments

Program 1
Expenses: $143,071,369 Revenue: $189,317,343

Adventist Health Clearlake Hospital, Inc., DBA Adventist Health Clear Lake (AHCL), provides quality medical healthcare regardless of race, creed, sex, national origin, handicap, age, or ability to...

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Adventist Health Clearlake Hospital, Inc., DBA Adventist Health Clear Lake (AHCL), provides quality medical healthcare regardless of race, creed, sex, national origin, handicap, age, or ability to pay. Although reimbursement for services rendered is critical to the operation and stability of AHCL, the organization recognizes that not all individuals possess the ability to pay for essential medical services. Adventist Health's vision is to enhance the health of the communities where we live and serve by engaging our communities and our patients in a new definition of and partnership for personal community health. In keeping with this commitment to serve all members of the community, the following coverage will be considered when individuals who need health care cannot afford to pay: - Free care and/or subsidized care - Care to persons covered by governmental programs at/or below cost - Health/wellness activities and community education programs Not only does AHCL provide low-cost care to individuals covered by government programs, and those unable to afford healthcare, it also helps patients find and access private and governmental resources for healthcare benefits. AHCL recognizes below-cost reimbursement as charity and uncompensated care in meeting its mission to the entire community. The unreimbursed cost of providing care to these patients in 2023 was $705,091. The following Inpatient services were provided to all our patients: - 94 babies delivered - 156 surgeries performed - 5,463 patient days The following Outpatient services were provided to all our patients: - 19,990 emergency department visits - 2,177 outpatient surgeries performed - 119,999 outpatient visits - 246,537 clinic visits AHCL recognizes it has an obligation to provide human services above and beyond its role as a healing facility. Schedule H provides more details on the tangible ways in which the organization is fulfilling its mission. The total unreimbursed cost of these community benefits in 2023 was $14,308,437. Adventist Health's mission statement of living God's love by inspiring health, wholeness and hope is coupled with a vision to transform the health experience of our communities through collaborative programs, community investments and community outreach. We are inspired by the healing ministry, as represented by the life of Jesus Christ, and believe we are called to live out our mission intentionally in the communities we serve. In the small towns, suburbs, and inner cities we serve, we continue our journey to provide quality healthcare until every person made in God's image has experienced the best health today, hope for tomorrow, and God's love that endures forever. Websites for our community benefit information: https://www.adventisthealth.org/about-us/community-benefit/

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,344,105
Program Service Revenue $189,317,343
Investment Income $945,015
Other Revenue $195,763
TOTAL REVENUE $191,802,226

Expense Breakdown

Grants Paid $51,352
Salaries & Benefits $79,481,728
Fundraising Expenses $208,015
Program Expenses $143,071,369
Other Expenses $100,142,802
TOTAL EXPENSES $179,675,882

Year-over-Year Comparison

2023 2022 Change
Revenue $191,802,226 $192,286,425 0.0%
Expenses $179,675,882 $179,275,358 +0.0%
Net Income $12,126,344 $13,011,067 -0.1%
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
13
Independent Members
11
Employees
996
Volunteers
7

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
7
$10,165,739
Total Directors
14
$5,959,394
Key Employees
6
$4,697,803
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Heinrich Kerry Dir/Chair/CEO 0.00
Officer Director
$0 $57,395 $3,359,823
Hofheins Todd Dir/Vice Chair/COO 0.00
Officer Director
$0 $76,141 $2,348,733
Beaman John CFO/Assistant Secretary 0.00
Officer
$0 $73,355 $1,753,908
Stevens Eric - President Northern CA/HI State Network 5.00
Key Emp
$0 $59,552 $1,585,845
Jahn Andrew - Former Care Division President thru 02/22 0.00
$0 $103,785 $1,569,691
Nahapetian Arby - Former Care Division Medical Officer thru 02/22 0.00
$0 $69,613 $1,551,907
Wing Bill - Former Dir/Asst Secr/Vice Chair thru 01/22 0.00
$0 $40,073 $1,478,533
Jobe Meredith Secretary 0.00
Officer
$0 $59,410 $1,018,898
Howe Judson - President North Coast Network thru 03/23 8.30
Key Emp
$0 $28,997 $837,892
Cantrell Misty Patient Care Executive 50.00
Key Emp
$0 $74,551 $736,305
Assavapisitkul Colleen President 50.00
Officer
$0 $26,786 $628,585
Tetz Warren Former Treasurer thru 12/22 0.00
$0 $58,835 $618,860
Eberhart Gregory Area Medical Officer 12.50
Key Emp
$0 $27,959 $610,905
Spenst Brett - Former Care Division Finance Officer thru 02/22 0.00
$0 $45,847 $566,472
Mock Jeffrey Treasurer/Asst Secr as of 09/23 10.00
Officer
$0 $67,797 $538,188
Shepardson Dean - Treasurer Asst Secr from 03/23 thru 09/23 12.50
Officer
$0 $55,761 $517,604
Assadian Hoda Operations Executive 16.70
Key Emp
$0 $52,377 $513,302
Jacobson Carlton - Former Treas /Asst Secr thru 12/21/Fin Off AHCL 50.00
$0 $44,184 $452,101
Anjejo Isaac RN 40.00
Highest
$404,234 $26,773 $431,007
Bloom Evan Medical Officer 50.00
Key Emp
$0 $45,783 $413,554
Cardenas Lucita RN 40.00
Highest
$316,965 $57,269 $374,234
Kruger Thomas RN 40.00
Highest
$319,338 $30,762 $350,100
Shelton Jacarre Director, Pharmacy 40.00
Highest
$285,726 $63,558 $349,284
Flynn Laura Director, RN 40.00
Highest
$270,383 $71,941 $342,324
Byrnes John - Former Medical Officer, NCR thru 02/20 0.00
$0 $34,955 $298,614
Freedman John Director 0.00
Director
$0 $0 $26,770
Cherry Robert Director 0.00
Director
$0 $0 $26,611
Davis Andrew Director 0.00
Director
$0 $0 $26,611
Innocent Larry Director 0.00
Director
$0 $0 $26,611
Newton Bradford Director 0.00
Director
$0 $0 $26,611
Reiner Richard Director 0.00
Director
$0 $0 $26,611
Salazar Velino Director 0.00
Director
$0 $0 $26,611
Banks David Director 0.00
Director
$0 $0 $26,181
Woodson Marc Director 0.00
Director
$0 $0 $21,611
Wagner Jack Director 0.00
Director
$0 $0 $16,180
Fehr Joy Director 0.00
Director
$0 $0 $430
Ocampo Lucy Director thru 08/23 0.00
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
2024 No data No data No data No data
2023 $191,802,226 $179,675,882 $152,811,093 $12,126,344
2022 $192,286,425 $179,275,358 $139,959,853 $13,011,067
2021 $164,443,894 $160,755,837 $121,179,230 $3,688,057
2020 $145,501,441 $143,212,527 $117,922,733 $2,288,914
2019 $120,738,242 $114,743,366 $101,098,983 $5,994,876
2018 $111,059,504 $99,074,768 $90,362,230 $11,984,736
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