Medical Staff of Santa Barbara Cot… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Phone

8052876903

Tax Period

2024-01-01 to 2024-12-31

Medical Staff of Santa Barbara Cottage Hospital, founded in 1992, is a small nonprofit in the Unknown sector that reported $207K in total revenue in fiscal year 2024. Expenses of $284K exceeded revenue, resulting in a 37% operating deficit.

Mission

The purpose of the Medical Staff of Santa Barbara is to assure that all patients admitted to or treated at Cottage Health facilities (hospitals) receive a uniform standard of quality care, treatment and efficiency consistent with generally accepted standards attainable within the hospitals' means and circumstances. It also organizes and supports professional education and community health education and medical staff support services. It provides a means for the Medical Staff, Board of Directors of Cottage Health (Board) and Administration of Cottage Health to discuss issues of mutual concern and to implement education and changes intended to continuously improve the quality of patient care. It provides for accountability of the Medical Staff to the Board through the MEC. It exercises its rights and responsibilities in a manner that does not jeopardize the hospitals' licenses, Medicare and Medi-Cal provider status, accreditation, or tax exempt status.

Program Service Accomplishments

Program 1

Expenses: $186,902 Revenue: $351

In accordance with the Medical Staff Bylaws, the medical staff oversees the review and approval process for granting clinical privileges and membership, and performs ongoing professional practice...

In accordance with the Medical Staff Bylaws, the medical staff oversees the review and approval process for granting clinical privileges and membership, and performs ongoing professional practice performance and peer review through established mechanisms as described in the Bylaws. Medical Staff Departments and Medical Staff Committees hold monthly meetings to review quality and patient outcomes in order to establish patient care standards, including full participation in the development of hospital-wide policy involving the oversight of care, treatment and services provided by members and others in the hospital.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $204,599

Program Service Revenue $0

Investment Income $1,995

Other Revenue $351

TOTAL REVENUE $206,945

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $186,902

Other Expenses $283,549

TOTAL EXPENSES $283,549

Year-over-Year Comparison

	2024	2023	Change
Revenue	$206,945	$203,650	+0.0%
Expenses	$283,549	$220,178	+0.3%
Net Income	$-76,604	$-16,528	+3.6%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$190,592

Total Directors

$327,592

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Anne Rodriguez MD	Chief of Staff-Santa Barbara	12.0	Officer Director	$96,300	$0	$96,300
Dr Bryan Emmerson MD	Secretary Treasurer-Goleta	2.0	Officer Director	$675	$0	$675
Dr Christopher Hutton MD	Secretary Treasurer-Santa Ynez	2.0	Officer Director	$75	$0	$75
Dr David Vierra MD	Board Member	2.0	Officer Director	$16,666	$0	$16,666
Dr Eric Amador MD	Secretary Treasurer-Santa Barbara	5.0	Officer Director	$24,300	$0	$24,300
Dr Julie Chacko MD	Vice Chief of Staff-Santa Ynez Valley	2.0	Officer Director	$2,813	$0	$2,813
Dr Kevin Beckman DO	Chief of Staff-Santa Ynez Valley	3.0	Officer Director	$5,025	$0	$5,025
Dr Michael Shenoda MD	Vice Chief of Staff-Santa Barbara	5.0	Officer Director	$44,475	$0	$44,475
Dr Nels Gerhardt MD	Vice Chief of Staff-Goleta Valley	3.0	Officer Director	$263	$0	$263
Dr Alex Soffici MD	Immediate Past Chief of Staff-Santa Barbara	2.0	Director	$37,800	$0	$37,800
Dr Alexander Morf MD	Immediate Past Chief of Staff-Goleta Valley	2.0	Director	$150	$0	$150
Dr Anita Rai MD	Board Member	2.0	Director	$1,312	$0	$1,312
Dr Bernard Chow MD	Board Member	2.0	Director	$300	$0	$300
Dr Bindu Kamal MD	Board Member	2.0	Director	$6,900	$0	$6,900
Dr Bruce May MD	Board Member	2.0	Director	$4,100	$0	$4,100
Dr Carolyn Jewell MD	Board Member	2.0	Director	$8,050	$0	$8,050
Dr Christopher Quijano DO	Board Member	2.0	Director	$1,425	$0	$1,425
Dr Cristina Harnsberger MD	Board Member	2.0	Director	$7,325	$0	$7,325
Dr David Birken MD	Board Member	2.0	Director	$1,387	$0	$1,387
Dr David Orias MD	Board Member	2.0	Director	$4,800	$0	$4,800
Dr David Raphael MD	Board Member	2.0	Director	$300	$0	$300
Dr Eric Suess MD	Board Member	2.0	Director	$4,200	$0	$4,200
Dr Gary Blum MD	Board Member	2.0	Director	$3,225	$0	$3,225
Dr Heather Terbell MD	Board Member	2.0	Director	$5,075	$0	$5,075
Dr James Brewer MD	Board Member	2.0	Director	$6,938	$0	$6,938
Dr Jervis Yau MD	Board Member	2.0	Director	$5,800	$0	$5,800
Dr John Anis MD	Board Member	2.0	Director	$7,025	$0	$7,025
Dr Kenneth Daughters MD	Board Member	2.0	Director	$3,600	$0	$3,600
Dr Lexine Yurcho MD	Board Member	2.0	Director	$1,613	$0	$1,613
Dr Matthew DeNicola MD	Board Member	2.0	Director	$2,475	$0	$2,475
Dr Michael Gibbs MD	Board Member	2.0	Director	$6,300	$0	$6,300
Dr Paul Erickson MD	Board Member	2.0	Director	$3,525	$0	$3,525
Dr Robin Knauss MD	Board Member	2.0	Director	$1,387	$0	$1,387
Dr Sandra Wilson MD	Immediate Past Chief of Staff-Santa Ynez Valley	2.0	Director	$1,800	$0	$1,800
Dr Scott Tobis MD	Board Member	2.0	Director	$2,100	$0	$2,100
Dr Steven Yao MD	Board Member	2.0	Director	$3,600	$0	$3,600
Dr Thomas Beamer MD	Board Member	2.0	Director	$4,488	$0	$4,488

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	$206,945	$283,549	$378,847	$-76,604
2023	$203,650	$220,178	$455,451	$-16,528
2022	$270,938	$214,829	$471,979	$56,109
2021	$241,850	$252,094	$415,870	$-10,244
2020	$223,607	$273,133	$426,114	$-49,526
2019	$241,907	$148,394	$475,640	$93,513
2018	$192,643	$185,517	$382,127	$7,126

Medical Staff of Santa Barbara Cottage Hospital