CEDARS SINAI HEALTH VENTURES

EIN: 883506667 501(c)(3) Medical Research

LOS ANGELES, CA

Total Revenue
N/A
Total Expenses
$4,243,092
Total Assets
$74,010,844
Net Assets
$74,010,844
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CA
Principal Officer
JAMES D LAUR
Phone
3104233277
Tax Period
2022-07-08 to 2023-06-30

Mission

CEDARS SINAI HEALTH VENTURES ("CSHV") IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. CSHV'S SPECIFIC PURPOSE IS TO SUPPORT AND BENEFIT CEDARS-SINAI MEDICAL CENTER ("CSMC") AND(SEE SCHEDULE O FOR CONTINUATION)(CONTINUED)AFFILIATES WITH TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE CODE THAT ARE HOSPITAL OR CLINICS DESCRIBED IN CALIFORNIA HEALTH & SAFETY CODE SECTION 1206(L), THROUGH IDENTIFICATION OF, INVESTMENT IN, AND DEPLOYMENT OF HEALTH INNOVATIONS THAT WILL SUPPORT AND ENHANCE THE QUALITY AND EFFICIENCY OF HEALTH CARE DELIVERY AT CEDARS-SINAI MEDICAL CENTER AND SUCH AFFILIATES.

Program Service Accomplishments

Program 1
Expenses: $4,243,092 Revenue: $0

CEDARS SINAI HEALTH VENTURES WAS FORMED ON JULY 8, 2022 AND IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.CSHV'S...

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CEDARS SINAI HEALTH VENTURES WAS FORMED ON JULY 8, 2022 AND IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.CSHV'S PROGRAM SERVICES INCLUDE THE FOLLOWING ACTIVITIES:1) RESEARCH COMPANIES, ORGANIZATIONS AND ENTITIES WORKING ON NEW MEDICAL TECHNOLOGIES THAT ARE AIMED AT IMPROVING THE PROVISION OF HEALTHCARE SERVICES BY FACILITIES SUCH AS CSMC;2) PROVIDE FUNDING TO COMPANIES, ORGANIZATIONS AND ENTITIES WORKING ON NEW MEDICAL TECHNOLOGIES THAT CSHV BELIEVES WILL IMPROVE OR OTHERWISE ASSIST IN CSMC'S CHARITABLE ACTIVITIES, INCLUDING THE PROVISION OF HEALTHCARE SERVICES;(CONTINUED ON SCHEDULE O)(CONTINUED)3) EVALUATE THE POTENTIAL FOR FURTHER DEVELOPMENT OF THE TECHNOLOGIES AND DISCOVERIES MADE BY SUCH COMPANIES, ORGANIZATIONS OR ENTITIES INTO PRODUCTS AND SERVICES THAT COULD HAVE A POSITIVE IMPACT ON ILLNESS OR DISEASE, UNMET HEALTH NEEDS, OR HEALTHCARE DELIVERY;4) SUPPORT FURTHER DEVELOPMENT OF THE TECHNOLOGY TO CREATE THE POTENTIAL FOR IT TO BECOME A PRODUCT OR SERVICE BENEFITING THE COMMUNITY AS A WHOLE;5) DEVELOP AND MAINTAIN A NETWORK OF RESEARCHERS AND TECHNOLOGY PROFESSIONALS IN ACADEMIC INSTITUTIONS AND INDUSTRY THAT CAN COLLABORATE TO SUPPORT EARLY-STAGE DISCOVERIES MADE THROUGH THE COMPANIES, ORGANIZATIONS AND ENTITIES CSHV HAS MADE INVESTMENTS IN;6) INVEST IN AND ADVISE EARLY-STAGE COMPANIES AIMED AT THE MANUFACTURING, PRODUCTION OR SALE OF NEW MEDICAL TECHNOLOGIES THAT CSHV BELIEVES WILL IMPROVE OR OTHERWISE ASSIST IN CSMC'S CHARITABLE ACTIVITIES, INCLUDING THE PROVISION OF HEALTHCARE SERVICES; AND7) MANAGE THE RELATIONSHIPS WITH THE COMPANIES, ORGANIZATIONS AND ENTITIES IN CSHV'S INVESTMENT PORTFOLIO.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,243,092
Other Expenses $4,243,092
TOTAL EXPENSES $4,243,092

Year-over-Year Comparison

2022 2021 Change
Revenue N/A N/A N/A
Expenses $4,243,092 N/A N/A
Net Income N/A N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
N/A
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
3
$4,130,231
Total Directors
4
$10,120,097
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHLOMO MELMED DIRECTOR 1.00
Director
$0 $657,620 $3,622,979
EDWARD M PRUNCHUNAS DIRECTOR 1.00
Director
$0 $156,587 $2,891,173
DAVID M WRIGLEY TREASURER AND DIRECTOR 1.00
Officer Director
$0 $242,343 $2,190,213
JAMES D LAUR PRESIDENT AND DIRECTOR 17.00
Officer Director
$0 $112,471 $1,415,732
MAUREEN BURGESS SECRETARY 40.00
Officer
$0 $9,576 $524,286
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 No data No data No data No data
2024 No data No data No data No data
2023 No data $4,243,092 $74,010,844 No data
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