Pomona Valley Hospital Medical Center

EIN: 951115230 501(c)(3) Health Care

POMONA, CA

Total Revenue
$846,485,586
Total Expenses
$819,935,624
Total Assets
$802,630,938
Net Assets
$588,825,183
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1903
Legal Domicile
CA
Phone
9098659500
Tax Period
2023-01-01 to 2023-12-31

Pomona Valley Hospital Medical Center, founded in 1903, is a major nonprofit in the Health Care sector that reported $846.5M in total revenue in fiscal year 2023. Expenses of $819.9M left a modest 3% surplus.

Mission

OUR MISSION - PVHMC IS A NOT-FOR-PROFIT REGIONAL MEDICAL CENTER DEDICATED TO PROVIDING HIGH QUALITY, COST EFFECTIVE HEALTH CARE SERVICES TO RESIDENTS OF THE GREATER POMONA VALLEY. THE MEDICAL CENTER OFFERS A FULL RANGE OF SERVICES FROM LOCAL PRIMARY ACUTE CARE TO HIGHLY SPECIALIZED REGIONAL SERVICE. SELECTION OF ALL SERVICES IS BASED ON COMMUNITY NEED, AVAILABILITY OF FINANCING AND THE ORGANIZATION'S TECHNICAL ABILITY TO PROVIDE HIGH QUALITY RESULTS. BASIC TO OUR MISSION IS OUR COMMITMENT TO STRIVE CONTINUOUSLY TO IMPROVE THE STATUS OF HEALTH BY REACHING OUT AND SERVING THE NEEDS OF OUR DIVERSE ETHNIC, RELIGIOUS AND CULTURAL COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $770,380,852 Revenue: $799,988,740

3. HEALTH PROFESSIONS EDUCATION: PVHMC HAD 17 PROGRAMS IN THIS AREA AND IMPACTED OVER 2,700 INDIVIDUALS WITH ITS EDUCATION PROGRAMS. KEY PROGRAMS INCLUDE: -FAMILY MEDICINE RESIDENCY PROGRAM: THE...

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3. HEALTH PROFESSIONS EDUCATION: PVHMC HAD 17 PROGRAMS IN THIS AREA AND IMPACTED OVER 2,700 INDIVIDUALS WITH ITS EDUCATION PROGRAMS. KEY PROGRAMS INCLUDE: -FAMILY MEDICINE RESIDENCY PROGRAM: THE RESIDENCY PROGRAM WORKS TO ATTRACT AND RETAIN PHYSICIANS IN THE COMMUNITY AFTER THEY COMPLETE THEIR RESIDENCY. THE FAMILY MEDICINE RESIDENTS PROVIDE CARE TO UNHOUSED AND UNDER-RESOURCED INDIVIDUALS AT OUR STREET MEDICINE CLINIC AND AT PARK TREE COMMUNITY HEALTH CENTER, A FEDERALLY QUALIFIED HEALTH CENTER. IN 2023, THE PROGRAM HAD 23 RESIDENTS. -RESPIRATORY SERVICES PROGRAM: PVHMC WAS A HOSPITAL-BASED TRAINING LOCATION FOR MOUNT SAN ANTONIO COLLEGE, AS WELL AS A CLINIC SITE FOR SAN JOAQUIN VALLEY COLLEGE RESPIRATORY STUDENTS. IN 2023, 36 RESPIRATORY STUDENTS WERE TRAINED. IN ADDITION, PVHMC OFFERS A NEONATAL INTENSIVE CARE UNIT (NICU) ROTATION WITH CLINICAL EDUCATION RELATING TO THE DIAGNOSIS, ASSESSMENT, AND TREATMENT OF RESPIRATORY DISEASES IN THE NEONATAL POPULATION; 36 STUDENTS PARTICIPATED IN THIS ROTATION. -CONTINUING MEDICAL EDUCATION (CME): POMONA VALLEY HOSPITAL MEDICAL CENTER IS ACCREDITED BY THE INSTITUTE FOR MEDICAL QUALITY, AND THE CALIFORNIA MEDICAL ASSOCIATION (IMQ/CMA) TO PROVIDE CONTINUING MEDICAL EDUCATION FOR PHYSICIANS. PHYSICIANS DO NOT HAVE TO BE ON STAFF WITH PVHMC TO PARTICIPATE. MOST OF OUR CME EVENTS, EXCEPT FOR FULL AND HALFDAY SEMINARS, ARE PROVIDED FREE OF CHARGE. IN 2023, PVHMC PROVIDED CME OPPORTUNITIES TO 450 INDIVIDUALS. -PVHMC ALSO SUPPORTED THE COMMUNITY BY PROVIDING TRAINING OPPORTUNITIES TO MORE THAN 1500 INDIVIDUALS IN THE FOLLOWING AREAS: DIETETIC INTERNSHIPS; FOOD AND NUTRITION REGIONAL OPPORTUNITY PROGRAM (ROP); CLINICAL EXPERIENCE FOR REHAB (PT, OT, SLP) STUDENTS; CLINICAL EXPERIENCE FOR HISTOLOGY STUDENTS; ULTRASOUND, NUCLEAR MEDICINE, CT, AND MRI TRAINING; RADIOLOGY TECHNOLOGIST INTERNSHIPS; NURSE PRACTITIONER TRAINING; AND CLINICAL NURSING EXPERIENCE; AND SOCIAL SERVICES INTERNSHIPS: PVHMC ALSO SERVES AS ADVISORS TO LOCAL SCHOOLS (E.G., CHAFFEY COLLEGE, WESTERN UNIVERSITY OF HEALTH SCIENCES, MOUNT SAN ANTONIO COLLEGE, CITRUS COLLEGE), TO ASSIST IN MEETING REQUIREMENTS FOR THEIR NURSING PROGRAMS. MORE INFORMATION ABOUT POMONA VALLEY HOSPITAL MEDICAL CENTER, AND ITS COMMUNITY OUTREACH PROGRAMS CAN BE FOUND AT HTTPS://WWW.PVHMC.ORG/ABOUT-US/COMMUNITY-SERVICES/

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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 (2023)

Revenue Breakdown

Contributions & Grants $43,896,679
Program Service Revenue $796,556,247
Investment Income $2,483,476
Other Revenue $3,549,184
TOTAL REVENUE $846,485,586

Expense Breakdown

Grants Paid $862,959
Salaries & Benefits $438,949,490
Fundraising Expenses $0
Program Expenses $770,380,852
Other Expenses $380,123,175
TOTAL EXPENSES $819,935,624

Year-over-Year Comparison

2023 2022 Change
Revenue $846,485,586 $784,648,477 +0.1%
Expenses $819,935,624 $782,909,981 +0.0%
Net Income $26,549,962 $1,738,496 +14.3%
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
26
Independent Members
22
Employees
4420
Volunteers
663

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
5
$2,785,403
Total Directors
26
$2,785,403
Key Employees
1
$577,463
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TREASURER/CFO 38.0
Officer Director
$449,082 $44,321 $493,403
N/A ASST. TREASURER/SECRETARY 38.0
Officer Director
$884,779 $62,606 $947,385
N/A PRESIDENT/CEO 36.0
Officer Director
$1,405,548 $-60,933 $1,344,615
N/A DIRECTOR 2.0
Officer Director
$0 $0 $0
N/A CHAIRMAN 2.0
Officer Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A CHAIRMAN 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A VICE CHAIRMAN 2.0
Director
$0 $0 $0
N/A VICE PRESIDENT OF NURSING 40.0
Key Emp
$524,129 $53,334 $577,463
N/A VICE PRESIDENT, SUPPORT SERVICES 40.0
Highest
$349,532 $40,971 $390,503
N/A CIO 40.0
Highest
$412,487 $44,164 $456,651
N/A VP, AMBULATORY SERVICES 40.0
Highest
$319,834 $50,699 $370,533
N/A VP HUMAN RESOURCES & PAYROLL 40.0
Highest
$373,267 $45,278 $418,545
N/A VP MED STAFF AFF 40.0
Highest
$407,205 $14,471 $421,676
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 $846,485,586 $819,935,624 $802,630,938 $26,549,962
2022 $784,648,477 $782,909,981 $767,071,244 $1,738,496
2021 $751,508,830 $735,973,288 $783,445,515 $15,535,542
2020 $699,695,626 $687,668,600 $766,840,577 $12,027,026
2019 $677,656,158 $656,116,241 $712,754,800 $21,539,917
2019 $677,656,158 $656,116,241 $712,754,800 $21,539,917
2018 $659,206,354 $631,740,810 $633,174,020 $27,465,544
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