TARZANA MEDICAL CENTER LLC

EIN: 833972614 501(c)(3) Health Care

RENTON, WA

Total Revenue
$352,335,376
Total Expenses
$403,744,679
Total Assets
$965,236,197
Net Assets
$838,298,875
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CA
Principal Officer
NICHOLAS LYMBEROPOULOS
Phone
3105519356
Tax Period
2023-01-01 to 2023-12-31

TARZANA MEDICAL CENTER LLC, founded in 2019, is a major nonprofit in the Health Care sector that reported $352.3M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $403.7M exceeded revenue, resulting in a 15% operating deficit.

Mission

THROUGH THE PARTNERSHIP OF PROVIDENCE AND CEDARS-SINAI, TARZANA MEDICAL CENTER PROMOTES HEALTH FOR THE BENEFIT OF ALL PERSONS IN THE COMMUNITY AND PROVIDES WORLD-CLASS CARE, CLOSE TO HOME, REGARDLESS OF A PATIENT'S ABILITY TO PAY.

Program Service Accomplishments

Program 1
Expenses: $361,143,658 Revenue: $320,170,410

AT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND...

Read more

AT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND MAKING OUR SERVICES MORE CONVENIENT, ACCESSIBLE AND AFFORDABLE FOR ALL. IN AN INCREASINGLY UNCERTAIN WORLD, WE ARE COMMITTED TO HIGH-QUALITY, COMPASSIONATE CARE FOR EVERYONE - REGARDLESS OF COVERAGE OR ABILITY TO PAY. WE HELP PEOPLE AND COMMUNITIES BENEFIT FROM THE BEST HEALTH CARE MODEL FOR THE FUTURE - TODAY.TOGETHER, OUR 117,000 CAREGIVERS (ALL EMPLOYEES) SERVE IN 51 HOSPITALS, 1,000 CLINICS AND A COMPREHENSIVE RANGE OF HEALTH AND SOCIAL SERVICES ACROSS ALASKA, CALIFORNIA, MONTANA, NEW MEXICO, OREGON, TEXAS AND WASHINGTON. THE PROVIDENCE FAMILY INCLUDES:-PROVIDENCE ACROSS SEVEN WESTERN STATES-COVENANT HEALTH IN WEST TEXAS-PROVIDENCE FACEY MEDICAL FOUNDATION IN LOS ANGELES, CA-KADLEC IN SOUTHEAST WASHINGTON-PACIFIC MEDICAL CENTERS IN SEATTLE, WA-SWEDISH HEALTH SERVICES IN SEATTLE, WAAS A COMPREHENSIVE HEALTH CARE ORGANIZATION, WE ARE SERVING MORE PEOPLE, ADVANCING BEST PRACTICES AND CONTINUING OUR MORE THAN 100-YEAR TRADITION OF SERVING THE POOR AND VULNERABLE. DELIVERING SERVICES ACROSS SEVEN STATES, PROVIDENCE IS COMMITTED TO TOUCHING MILLIONS OF MORE LIVES AND ENHANCING THE HEALTH OF THE AMERICAN WEST TO TRANSFORM CARE FOR THE NEXT GENERATION AND BEYOND.THROUGH COMMUNITY BENEFIT PROGRAMS AND OTHER HIGH-IMPACT INVESTMENTS, WE WORK TO ENSURE BASIC HEALTH NEEDS ARE MET AND SERVE TO REMOVE BARRIERS TO CARE, BUILD COMMUNITY RESILIENCE AND INNOVATE FOR THE FUTURE. MINISTRIES AND AFFILIATES SUPPORT ORGANIZATIONS, PROGRAMS AND INITIATIVES THAT IMPROVE HEALTH AND WELL-BEING AND INCREASE EQUITABLE ACCESS TO QUALITY CARE AT THE COMMUNITY LEVEL AND AT SCALE ACROSS SEVEN STATES.WE ARE PROUD OF OUR HISTORY AND CONTINUED COMMITMENT TO HELPING BUILD A MORE EQUITABLE, SUSTAINABLE FUTURE. OUR STEADFAST COMMITMENT TO RESPONDING TO COMMUNITY NEED IS ONE OF THE MANY WAYS MINISTRIES, AFFILIATES AND CAREGIVERS LIVE OUT OUR SHARED MISSION AND CONTINUE TO SERVE AS A VITAL SAFETY NET FOR THOSE WHO ARE VULNERABLE. FOR MORE INFORMATION GO TO: HTTPS://WWW.PROVIDENCE.ORG/ABOUT/ANNUAL-REPORTENVIRONMENTAL, SOCIAL, AND GOVERNANCE STANDARDSPROVIDENCE CONTINUES TO EXECUTE ON OUR INTEGRATED STRATEGIC AND FINANCIAL PLAN, WHICH CLEARLY EXPRESSES OUR COMMITMENT AND ACCELERATION OF THE IMPORTANT WORK TO ADDRESS SOCIAL, RACIAL, AND ECONOMIC DISPARITIES AND REDUCE OUR CARBON FOOTPRINT IN THE COMMUNITIES WE SERVE. PROVIDENCE ADVANCES PROGRESS ON OUR CARBON NEGATIVE GOAL AND IN 2023 WE ESTIMATED THAT WE DECREASED EMISSIONS BY OVER 12 PERCENT COMPARED TO OUR 2019 BASELINE. IN ADDITION, OUR EFFORTS LED TO THE INTRODUCTION OF THE GREEN HOSPITALS ACT, LEGISLATION MODELED AFTER PROVIDENCE THAT WOULD PROVIDE CRITICAL FEDERAL FUNDING TO WEATHERIZE AND MODERNIZE HEALTH CARE FACILITIES. PROVIDENCE COMPLETED A COMPREHENSIVE CLIMATE RESILIENCE PLAN IN ALIGNMENT WITH OUR COMMITMENT TO THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES CLIMATE PLEDGE. WE CONTINUE TO REDUCE GREENHOUSE GAS EMISSIONS WITH A FOCUS ON LED LIGHTING UPGRADES, WATER CONSERVATION, MORE EFFICIENT DELIVERY OF NITROUS OXIDE GAS DURING ANESTHESIA, AND ADVANCING OUR WASTE OPTIMIZATION WORK ACROSS ALL HOSPITALS AND CLINICS.2023 PROGRAM SERVICE ACCOMPLISHMENTSPROVIDENCE CEDARS-SINAI TARZANA MEDICAL CENTER FOUNDED IN 1973, PROVIDENCE CEDARS-SINAI TARZANA MEDICAL CENTER PROVIDES EXCELLENT AND COMPASSIONATE CARE TO THE SAN FERNANDO VALLEY. IN ADDITION TO HEART, VASCULAR, ORTHOPEDIC, CANCER AND WOMEN'S SERVICES, THE HOSPITAL HOUSES THE LARGEST LEVEL III NEONATAL INTENSIVE CARE UNIT (NICU) IN THE AREA AND OUR EMERGENCY DEPARTMENT HAS BEEN DESIGNATED BY THE LOS ANGELES COUNTY DEPARTMENT OF HEALTH AS A STEMI AND STROKE RECEIVING CENTER.PROVIDENCE CEDARS-SINAI TARZANA MEDICAL CENTER PROVIDES VITAL COMMUNITY HEALTH SERVICES AND ADDRESSES THE NEEDS OF THE UNINSURED AND UNDERINSURED THROUGH ITS FINANCIAL ASSISTANCE PROGRAM PROVIDING FREE AND DISCOUNTED CARE. IN CY2023, $1.7M FINANCIAL ASSISTANCE WAS PROVIDED TO THE COMMUNITY, ALONG WITH $30M IN UNPAID COST OF MEDICAID.PROVIDENCE CEDARS-SINAI TARZANA MEDICAL CENTER (PCSTMC; TARZANA) IN PARTNERSHIP WITH PROVIDENCE HOLY CROSS MEDICAL CENTER (PHCMC; MISSION HILLS); AND PROVIDENCE ST. JOSEPH MEDICAL CENTER (PSJMC; BURBANK) ACCOMPLISHED THE FOLLOWING PROGRAM IMPLEMENTATION STRATEGY OBJECTIVES DURING 2023.ACCESS TO HEALTH CARE:- ASSISTED WITH OVER 1,089 INSURANCE APPLICATIONS IN 2023 THROUGH OUR SFV COMMUNITY HEALTH INSURANCE PROGRAM, CONFIRMING ENROLLMENT FOR 94% OF THEM.- PROVIDED 528 FLU VACCINATIONS TO COMMUNITY MEMBERS AT LOCAL SCHOOL SITES IN THE SFV.- MADE PRIMARY CARE REFERRALS FOR 377 EMERGENCY DEPARTMENT PATIENTS, AS WELL AS 300 MEDI-CAL APPOINTMENTS, LINKING PATIENTS TO FINANCIAL COUNSELORS.- AWARDED $1,044,955 TO LOCAL ORGANIZATIONS WORKING TO INCREASE ACCESS TO CARE FOR LOW-INCOME AND VULNERABLE COMMUNITY MEMBERS.HOUSING AND HOMELESSNESS- COMPLETED DISCHARGE PAPERWORK FOR 648 HOMELESS PATIENTS VISITING OUR SFV EMERGENCY DEPARTMENTS, SUCCESSFULLY CONNECTING 190 OF THEM IN A FORM OF HOUSING.- AWARDED $108,240 TO LOCAL ORGANIZATIONS SUPPORTING HOMELESSNESS AND HOUSING INSTABILITY.MENTAL HEALTH INCLUDING SUBSTANCE USE/MISUSE- PROVIDED 32 MENTAL HEALTH FIRST AID TRAINING SESSIONS AT COMMUNITY LOCATIONS IN THE SFV, WITH 451 PARTICIPANTS COMPLETING THEM.- CONTACTED 343 PATIENTS IN OUR SFV EMERGENCY DEPARTMENTS, SCREENING THEM FOR MENTAL HEALTH, BEHAVIORAL HEALTH, OR SUBSTANCE USE/MISUSE ISSUES. 115 OF THEM WERE SUCCESSFULLY REFERRED TO ADDITIONAL SERVICES.- AWARDED $400,000 TO ORGANIZATIONS PROVIDING MENTAL HEALTH SUPPORT TO UNDERSERVED POPULATIONS.FOR MORE INFORMATION GO TO: HTTPS://WWW.PROVIDENCE.ORG/ABOUT/ANNUAL-REPORT/REPORTS/SOUTHERN-CALIFORNIA

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $30,221,125
Program Service Revenue $320,170,410
Investment Income $18,654
Other Revenue $1,925,187
TOTAL REVENUE $352,335,376

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $361,143,658
Other Expenses $403,744,679
TOTAL EXPENSES $403,744,679

Year-over-Year Comparison

2023 2022 Change
Revenue $352,335,376 $382,264,631 -0.1%
Expenses $403,744,679 $422,281,864 0.0%
Net Income $-51,409,303 $-40,017,233 +0.3%
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

Sign In

Governance

Voting Members
7
Independent Members
4
Employees
N/A
Volunteers
1870

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
2
$1,588,580
Total Directors
10
$13,297,921
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIK WEXLER BOARD MEMBER 0.50
Director
$0 $461,693 $5,616,067
KEVIN MANEMANN BOARD MEMBER - THRU 1/23 0.50
Director
$0 $13,287 $2,039,677
LAUREEN DRISCOLL RN BOARD MEMBER (PART YEAR) 0.50
Director
$0 $275,234 $2,001,997
BRIAN LEE HELLELAND BOARD MEMBER - THRU 9/23 0.50
Director
$0 $245,496 $1,881,980
PK KHURANA BOARD MEMBER (PART YEAR) 0.50
Director
$0 $237,625 $1,758,200
BRYAN CROFT BOARD MEMBER (PART YEAR) 0.50
Director
$0 $0 $0
DAVID M WRIGLEY BOARD MEMBER 0.50
Director
$0 $0 $0
JEFF WORK MD BOARD MEMBER 0.50
Director
$0 $0 $0
JEFFREY SMITH MD JD MMM BOARD MEMBER - THRU 6/23 0.50
Director
$0 $0 $0
THOMAS PRISELAC CHAIR 1.00
Director
$0 $0 $0
NICK LYMBEROPOULOS CEO 54.50
Officer
$0 $218,457 $1,199,171
JESSICA TRIMBLE CFO TARZANA MED CN 55.00
Officer
$0 $48,268 $389,409
HOWARD DAVIS CHIEF MEDICAL OFFICER 50.00
Highest
$629,888 $63,972 $693,860
DEBORAH CARVER CHIEF NURSING OFFICER 50.00
Highest
$442,160 $38,337 $480,497
GOORGEN BOGHOSSIAN SENIOR DIRECTOR PHARMACY 50.00
Highest
$305,732 $58,404 $364,136
JEANNE SULKA DIRECTOR BUSINESS DEVELOPMENT 50.00
Highest
$322,568 $40,169 $362,737
SHARON GROSS SENIOR DIRECTOR OPERATIONAL PLANNING 50.00
Highest
$283,824 $56,078 $339,902
BERNIE KLEIN MD FRMR OFF. - CE PROV HOLY CROSS MC 0.00
$0 $258,015 $1,793,800
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 $352,335,376 $403,744,679 $965,236,197 $-51,409,303
2022 $382,264,631 $422,281,864 $701,073,259 $-40,017,233
2021 $313,325,022 $391,447,512 $577,307,524 $-78,122,490
2020 $287,722,110 $346,701,740 $471,699,647 $-58,979,630
Explore More Nonprofits
Top 100 Nonprofits in Washington Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare TARZANA MEDICAL CENTER LLC with other nonprofits in Washington and across the country.