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 Vulnerability Assessment (Tuckman-Chang)

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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

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.

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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 $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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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
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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