Pasadena Hospital Association Ltd

EIN: 951644036 501(c)(3) Health Care

PASADENA, CA

Total Revenue
$764,471,000
Total Expenses
$802,495,430
Total Assets
$1,206,722,789
Net Assets
$612,578,608
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Financial Trends

Organization Details

Formation Year
1892
Legal Domicile
CA
Phone
6263975000
Tax Period
2022-07-01 to 2023-06-30

Pasadena Hospital Association Ltd, founded in 1892, is a major nonprofit in the Health Care sector that reported $764.5M in total revenue in fiscal year 2022. Revenue surged 97% from the prior year, signaling strong growth momentum.

Mission

Huntington Health stands for community. We stand for compassion. But more than anything, Huntington stands for health. Providing world-class health care is our specialty, and it's what we've been doing for the San Gabriel Valley since 1892. In August 2021, Huntington Hospital affiliated with Cedars-Sinai under the umbrella of Cedars-Sinai Health Systems. Our new name, Huntington Health, reflects the fact that we're more than just trusted hospital care. From primary care to emergency care and everything in between we offer a complete spectrum of care options. As a result of our affiliation with Cedars-Sinai, we have access to additional resources that further strengthen our ability to provide personalized, high-quality care. Our mission is to provide excellent health care and compassionate service to each person by bringing together outstanding physicians, caring nurses, professional staff and advanced technologies.

Program Service Accomplishments

Program 1
Expenses: $719,356,877 Revenue: $699,345,591

Huntington Health stands for community. We stand for compassion. But more than anything, Huntington stands for health. Providing world-class health care is our specialty, and it's what we've been...

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Huntington Health stands for community. We stand for compassion. But more than anything, Huntington stands for health. Providing world-class health care is our specialty, and it's what we've been doing for the San Gabriel Valley since 1892. In August 2021, Huntington Hospital affiliated with Cedars-Sinai under the umbrella of Cedars-Sinai Health Systems. Our new name, Huntington Health, reflects the fact that we're more than just trusted hospital care. From primary care to emergency care and everything in between we offer a complete spectrum of care options. As a result of our affiliation with Cedars-Sinai, we have access to additional resources that further strengthen our ability to provide personalized, high-quality care. Huntington Hospital is a 544-bed, nonprofit community hospital located in Pasadena, California. The hospital offers a full complement of acute medical care and community services, ranging from general medicine to the foremost specialized programs in cardiovascular services, oncology, and the neurosciences. The hospital is a certified Comprehensive Stroke Center. It has the only Level II Trauma Center in the region as well as the only Level III Neonatal Intensive Care Unit (NICU). In addition, Huntington Hospital offers women's and children's services, state-of- the art orthopedic surgery, psychiatric services, Huntington Hospital Senior Care Network, and Huntington Ambulatory Care Center. Partnerships Through an ongoing contractual partnership between Huntington Hospital and Shriners Hospitals for Children Southern California, inpatient surgical and medical services for pediatric patients are available at Huntington Hospital and the medical team provides advanced post-surgical care. The Shriners for Children Medical Center, an Ambulatory Medical Office (located across the street from the hospital campus) offers outpatient specialty care services for pediatric patients in the region. In 2018, Huntington Hospital and Providence St. Joseph Health entered into a Network Affiliation Agreement to further expand access to providing quality care to Providence patients. Providence St. Joseph Health, which includes 12 medical institutions across Los Angeles and Orange Counties, contracts with Huntington Hospital for acute care hospital and outpatient clinical services. Awards Huntington Hospital was the recipient of the following awards and accolades in 2023: - U.S. News & World Report ranked the hospital as a high-performing hospital for: - Colon Cancer Surgery - COPD - Diabetes - Heart Attack - Heart Bypass Surgery - Heart Failure - Hip Fracture - Hip Replacement - Kidney Failure - Knee Replacement - Leukemia, Lymphoma & Myeloma - Maternity Care - Pneumonia - Prostate cancer Surgery - Stroke - Transcatheter Aortic Valve Replacement (TAVR) - Awarded Healthgrades America's 100 Best Hospitals and the Excellence Award for Cardiac Care, Coronary Intervention and Pulmonary Care Blue Shield of California Blue Distinction - Bariatric Surgery - Cardiac Care - Knee and Hip Replacement - Maternity Care - American Heart/Stroke Association and The Joint Commission Certification for Comprehensive Stroke Center - Get with the Guidelines Stroke Gold Plus Quality Achievement Award from the American Heart/Stroke Association, Stroke Honor Roll Elite and Type 2 Diabetes Honor Roll - Magnet designation for nursing excellence from the American Nurses Credentialing Center - Awarded LGBTQ+ Healthcare Equality Leader designation by the Human Rights Campaign - Beacon Award for Excellence in critical care by the American Association of Critical Care Nurses (AACN) - ABRET Lab Accreditation - Baby-Friendly USA Designated Hospital The Jim and Eleanor Randall Breast Center received: - A full three-year accreditation from the National Accreditation Program for Breast Centers (NAPBC), one of only three hospitals in Los Angeles County to achieve this level of accreditation. - Full three-year accreditation from the American College of Surgeons' Commission on Cancer.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $61,263,112
Program Service Revenue $698,988,774
Investment Income $2,594,257
Other Revenue $1,624,857
TOTAL REVENUE $764,471,000

Expense Breakdown

Grants Paid $332,796
Salaries & Benefits $398,806,609
Fundraising Expenses $3,661,302
Program Expenses $719,356,877
Other Expenses $403,356,025
TOTAL EXPENSES $802,495,430

Year-over-Year Comparison

2022 2021 Change
Revenue $764,471,000 $388,012,000 +1.0%
Expenses $802,495,430 $396,697,712 +1.0%
Net Income $-38,024,430 $-8,685,712 +3.4%
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
24
Independent Members
19
Employees
N/A
Volunteers
1409

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
7
$4,897,120
Total Directors
29
$12,780,778
Key Employees
12
$8,518,547
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A BOARD MEMBER/SVP INTERIM CMO (THRU 12/22) 55.0
Officer Director
$668,883 $0 $668,883
N/A OUTGOING CHAIR 1.0
Officer Director
$0 $0 $0
N/A PRESIDENT & CEO 55.0
Officer Director
$2,730,317 $359,313 $3,089,630
N/A SECRETARY 1.0
Officer Director
$0 $0 $0
N/A INCOMING CHAIR 1.0
Officer Director
$0 $0 $0
N/A TREASURER 1.0
Officer Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A PRESIDENT EMERITUS 1.0
Director
$24,000 $0 $24,000
N/A BOARD MEMBER (PART YEAR) 1.0
Director
$0 $0 $0
N/A BM/MED DIR./PRES MED STAFF 1.0
Director
$182,575 $0 $182,575
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER (PART YEAR) 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $242,343 $2,190,213
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER (PART YEAR) 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER (PART YEAR) 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER/DIRECTOR EMERITUS 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $768,274 $6,625,477
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A SVP/CFO 55.0
Officer
$1,035,732 $102,875 $1,138,607
N/A VP, CONSTRUCTION (THRU 2/23) 45.0
Key Emp
$521,751 $77,990 $599,741
N/A VP, REVENUE CYCLE 55.0
Key Emp
$399,192 $76,479 $475,671
N/A EXECUTIVE DIR, CLINICAL SYSTEM (THRU 7/22) 55.0
Key Emp
$301,437 $21,173 $322,610
N/A CHRO & SVP ADMINISTRATIVE SVCS 55.0
Key Emp
$817,589 $100,333 $917,922
N/A VP, CLINICAL SUPPORT SVCS 55.0
Key Emp
$597,563 $66,323 $663,886
N/A SVP/CNO 55.0
Key Emp
$536,712 $112,178 $648,890
N/A SVP PHILANTHROPY PR 55.0
Key Emp
$738,585 $161,084 $899,669
N/A VP QUALITY IMPROVEMENT & CLINICAL OPERATIONS 50.0
Key Emp
$573,101 $40,079 $613,180
N/A VP ENTERPRISE DIVERSITY E&I 55.0
Key Emp
$380,004 $55,548 $435,552
N/A SVP STRAT & PROVIDER INFORMATION 50.0
Key Emp
$1,349,776 $64,578 $1,414,354
N/A SVP & CCO (THRU 3/22) 55.0
Key Emp
$1,018,584 $35,676 $1,054,260
N/A VP, ENTERPRISE COMPL/RISK/INT 55.0
Key Emp
$419,989 $52,823 $472,812
N/A EXECUTIVE DIR, SLD 55.0
Highest
$353,963 $14,004 $367,967
N/A EXECUTIVE DIR, REV CYCLE 55.0
Highest
$334,558 $15,014 $349,572
N/A DIRECTOR PHARMACY 55.0
Highest
$348,466 $27,022 $375,488
N/A EXECUTIVE DIRECTOR, FINANCE OPERATIONS 50.0
Highest
$348,188 $31,248 $379,436
N/A HHP EXEC MED DIR (THRU 2/23) 0.0
Highest
$741,426 $74,252 $815,678
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 $764,471,000 $802,495,430 $1,206,722,789 $-38,024,430
2022 $388,012,000 $396,697,712 $1,251,789,092 $-8,685,712
2021 $894,837,558 $774,005,114 $1,336,734,599 $120,832,444
2020 $740,897,251 $737,202,950 $1,315,158,731 $3,694,301
2020 $740,897,251 $737,202,950 $1,315,158,731 $3,694,301
2019 $694,154,841 $700,134,310 $1,232,829,063 $-5,979,469
2018 $700,542,064 $678,983,363 $1,107,235,142 $21,558,701
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