SUTTER BAY HOSPITALS

EIN: 940562680 501(c)(3) Health Care

SACRAMENTO, CA

Total Revenue
$5,641,585,101
Total Expenses
$5,657,199,022
Total Assets
$5,840,804,241
Net Assets
$3,703,865,919
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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
1854
Legal Domicile
CA
Principal Officer
Kevin Manemann
Phone
9162866665
Tax Period
2024-01-01 to 2024-12-31

SUTTER BAY HOSPITALS, founded in 1854, is a large national nonprofit in the Health Care sector that reported $5.6B in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

MISSION STATEMENT: MISSION: CARING FOR OUR PATIENTS FIRST AND OUR PEOPLE ALWAYS. VISION: TO BE THE MOST COMPREHENSIVE, INTEGRATED AND CONNECTED HEALTH SYSTEM FOR GETTING AND STAYING WELL. VALUES: EXCELLENCE - We deliver high-quality, equitable care and take on the toughest challenges. CURIOSITY - We are constantly learning and creating new ways to advance healthcare. TEAMWORK - We collaborate with humility and solve for ONE Sutter. COMPASSION - We show empathy and understanding in every personal interaction. INCLUSION - We respect our differences and similarities, and cultivate a sense of belonging. INTEGRITY - We earn trust by doing the right thing and delivering on our commitments.

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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 $115,125,961
Program Service Revenue $5,482,297,446
Investment Income $23,339,159
Other Revenue $20,822,535
TOTAL REVENUE $5,641,585,101

Expense Breakdown

Grants Paid $15,532,618
Salaries & Benefits $2,556,832,984
Fundraising Expenses $3,216,956
Program Expenses $5,073,625,158
Other Expenses $3,084,833,420
TOTAL EXPENSES $5,657,199,022

Year-over-Year Comparison

2024 2023 Change
Revenue $5,641,585,101 $5,162,342,556 +0.1%
Expenses $5,657,199,022 $5,134,356,773 +0.1%
Net Income $-15,613,921 $27,985,783 -1.6%
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
15
Independent Members
12
Employees
18669
Volunteers
1538

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
8
$9,164,026
Total Directors
16
$6,062,694
Key Employees
8
$10,846,953
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Sevco SH SVP, COO / President SBH 4.0
Officer Director
$0 $328,840 $3,655,805
James Conforti FORMER INTERIM PRES & CEO, SH 0.0
$0 $0 $2,252,729
Todd Smith MD SVP, CHF PHYS EX/ASST SEC SBH 4.0
Officer Director
$0 $210,133 $1,878,769
Janet A Wagner FMR Hospital Area CEO, S Bay 0.0
$0 $0 $1,835,784
Hamila Kownacki CEO, CPMC 0.0
Key Emp
$0 $572,217 $1,783,871
Kevin Cook President, Silicon Valley 0.0
Key Emp
$0 $726,657 $1,740,833
Brian Dean former SH SVP, CFO 0.0
$0 $0 $1,674,629
David Clark CEO, ABSMC 0.0
Key Emp
$0 $154,642 $1,554,277
Christina Oh President, San Francisco div. 0.0
Key Emp
$0 $694,024 $1,529,386
Tosan Boyo President, East Bay Division 0.0
Key Emp
$0 $601,706 $1,455,609
Daniel Peterson CEO, Behavioral Health & SCP 0.0
$0 $462,438 $1,351,982
Raju Iyer SH SVP, CFO / CFO SBH (pt-yr) 2.0
Officer
$0 $33,328 $1,311,542
Megan Gillespie CEO, SSRRH 0.0
Key Emp
$0 $483,639 $1,053,734
Theresa Frei Former CEO, SVMF 0.0
$0 $0 $1,048,576
David R Quincy FRMR CEO, Ambulatory - SV MKT 0.0
$0 $0 $1,006,090
Steven R Cummings Executive, Research 40.0
Highest
$790,473 $167,812 $958,285
Edward Battista SH VP, HR Silicon Valley 0.0
Key Emp
$0 $276,557 $894,918
Ryan Stice SH VP, CPO/Asst Sec SBH 2.0
Officer
$0 $289,031 $866,567
Harly Neumann SH VP, HR East Bay Division 0.0
Key Emp
$0 $265,825 $834,325
Gregory Brown SH VP, Legal Ops, Bay/ Sec SBH 2.0
Officer
$0 $284,531 $832,065
Joshua Matthews Clinical Physician 40.0
Highest
$696,298 $40,597 $736,895
Tina Chen Staff Nurse III 40.0
Highest
$642,385 $29,017 $671,402
Edward Joson Nurse-Charge 40.0
Highest
$606,309 $29,341 $635,650
Geri Decoito Nurse-Certified Staff IV 40.0
Highest
$587,960 $31,710 $619,670
Dominic Nakis SH Interim / SBH CFO (pt-yr) 2.0
Officer
$0 $0 $619,278
Warren Browner MD Executive Consultant 0.0
$0 $102,412 $545,752
Jill Kacher Cobb MD Chief Medical Executive 40.0
Director
$408,053 $115,203 $528,120
Thomas Briody Director 2.0
Director
$0 $0 $0
William Brunetti Director 2.0
Director
$0 $0 $0
Theodore Deikel Dir/Chair Fin & Plan 4.0
Officer Director
$0 $0 $0
Rita Kwan-Feinberg MD Director 2.0
Director
$0 $0 $0
Eric Flowers Director/Chair 4.0
Officer Director
$0 $0 $0
Janet Garufis Director 2.0
Director
$0 $0 $0
Juli Maxworthy Director 2.0
Director
$0 $0 $0
Yumi Nakagawa Director 2.0
Director
$0 $0 $0
Yvonne Richardson Director 2.0
Director
$0 $0 $0
John Ryan Director 2.0
Director
$0 $0 $0
Arnie Schaffer Director 2.0
Director
$0 $0 $0
Ron Sinha MD Director 2.0
Director
$0 $0 $0
Jane Varner MD Director 2.0
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 $5,641,585,101 $5,657,199,022 $5,840,804,241 $-15,613,921
2023 $5,162,342,556 $5,134,356,773 $5,798,661,625 $27,985,783
2022 $4,753,728,261 $4,783,462,783 $5,805,298,921 $-29,734,522
2021 $4,553,177,383 $4,616,551,315 $5,967,678,052 $-63,373,932
2020 $4,354,258,936 $4,644,763,156 $6,006,535,883 $-290,504,220
2019 $4,491,616,774 $4,643,208,111 $6,153,093,353 $-151,591,337
2018 $4,118,847,505 $4,084,808,080 $5,925,387,137 $34,039,425
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