CITY OF HOPE NATIONAL MEDICAL CENTER

EIN: 951683875 501(c)(3) Health Care

DUARTE, CA

Total Revenue
$2,947,217,007
Total Expenses
$2,752,137,023
Total Assets
$4,772,431,422
Net Assets
$1,057,558,153
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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
CA
Phone
6262564673
Tax Period
2023-10-01 to 2024-09-30

CITY OF HOPE NATIONAL MEDICAL CENTER, founded in 1948, is a large national nonprofit in the Health Care sector that reported $2.9B in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $2.8B left a modest 7% surplus.

Mission

City of Hope National Medical Center's mission is to make hope a reality for all touched by cancer and diabetes. PLEASE SEE SCHEDULE O FOR A CONTINUATION OF OUR MISSION

Program Service Accomplishments

Program 1
Expenses: $2,081,087,080 Revenue: $2,740,729,516

PATIENT CARE: THE MEDICAL CENTER PROVIDES ACUTE-CARE MEDICAL SERVICES FOR PATIENTS BEING TREATED FOR SOME FORM OF CANCER, INCLUDING LEUKEMIA AND LYMPHOMA, COLORECTAL, PROSTATE, GYNECOLOGIC AND BREAST...

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PATIENT CARE: THE MEDICAL CENTER PROVIDES ACUTE-CARE MEDICAL SERVICES FOR PATIENTS BEING TREATED FOR SOME FORM OF CANCER, INCLUDING LEUKEMIA AND LYMPHOMA, COLORECTAL, PROSTATE, GYNECOLOGIC AND BREAST CANCERS. ALL PATIENTS TREATED AT THE MEDICAL CENTER BENEFIT FROM THE LATEST TECHNOLOGIES INCLUDING THOSE DERIVED FROM TRANSLATIONAL MEDICINE, ACHIEVED BY COLLABORATION BETWEEN MEMBERS OF THE PATIENT CARE TEAMS AND THE SCIENTIFIC AND BENCH RESEARCH ACTIVITIES PERFORMED THROUGHOUT THE ORGANIZATION. SINCE 1976, MORE THAN 20,000 HEMATOPOIETIC (BLOOD) CELL TRANSPLANTATION PROCEDURES HAVE BEEN PERFORMED AT THE MEDICAL CENTER TO FIGHT LEUKEMIA, LYMPHOMA, MYELOMA AND OTHER CANCERS. TODAY, THE MEDICAL CENTER'S CLINICIANS ARE FURTHERING DEVELOPMENT OF STEM CELL TRANSPLANTATION TO TREAT AUTOIMMUNE DISEASES. AS A PIONEER IN ROBOTIC SURGERY FOR RECTAL AND PROSTATE CANCER, AND AN EMERGING LEADER IN ROBOTIC SURGERY FOR HEAD AND NECK CANCERS, THE MEDICAL CENTER IS A NATIONALLY RECOGNIZED LEADER IN THE FIELD OF MINIMALLY INVASIVE SURGERY. PHYSICIANS AT THE MEDICAL CENTER HAVE ALSO BROKEN NEW GROUND IN EMPLOYING TARGETED RADIATION TREATMENT TECHNIQUES THAT DELIVER DOSES DIRECTLY TO DISEASED TISSUE, MAXIMIZING CANCER-KILLING TREATMENTS WHILE POTENTIALLY MINIMIZING DAMAGE TO PATIENTS' HEALTHY TISSUE. THE SHERI & LES BILLER PATIENT AND FAMILY RESOURCE CENTER SERVES AS THE INFORMATION HUB ABOUT OUR COMPREHENSIVE ASSISTANCE FOR PATIENTS AND FAMILIES, OFFERING PATIENT EDUCATION, SUPPORT GROUPS, SOCIAL WORK RESOURCES, MIND-BODY THERAPIES AND PATIENT NAVIGATORS TO ASSIST PEOPLE THROUGH DIAGNOSIS, TREATMENT AND RECOVERY. ITS HEALTHCARE PROFESSIONALS, INCLUDING PSYCHOLOGISTS, PSYCHIATRISTS AND PALLIATIVE CARE PHYSICIANS, PARTNER WITH PATIENTS AND FAMILIES TO ALLEVIATE PAIN AND DISTRESS RELATED TO DISEASE AND TREATMENT. THE MEDICAL CENTER PROVIDES FOR SERVICES THROUGH CHARITY CARE ASSISTANCE FOR PATIENTS MEETING CERTAIN FINANCIAL ELIGIBILITY AND CLINICAL CRITERIA AND TO PERSONS WITHOUT INSURANCE OR WHO ARE UNDER-INSURED. THE MEDICAL CENTER ALSO SUBSIDIZES CARE FOR PATIENTS COVERED BY MEDI-CAL AND MEDICARE.

Program 2
Expenses: $268,356,791 Revenue: $79,971,014

RESEARCH: THE MEDICAL CENTER FUNDS A VARIETY OF CLINICAL AND LABORATORY RESEARCH ACTIVITIES FOCUSED ON FINDING CURES AND TREATMENTS FOR CANCER AND OTHER LIFE-THREATENING DISEASES FOR WHICH GRANT AND...

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RESEARCH: THE MEDICAL CENTER FUNDS A VARIETY OF CLINICAL AND LABORATORY RESEARCH ACTIVITIES FOCUSED ON FINDING CURES AND TREATMENTS FOR CANCER AND OTHER LIFE-THREATENING DISEASES FOR WHICH GRANT AND EXTRAMURAL FUNDING IS NOT AVAILABLE. COUPLED WITH THE BECKMAN RESEARCH INSTITUTE, THE MEDICAL CENTER HAS A LONG HISTORY OF SIGNIFICANT RESEARCH CONTRIBUTIONS IN CANCER TREATMENT THERAPIES, DIABETES AND OTHER DISEASES. THE MEDICAL CENTER CONDUCTS MORE THAN 730 CLINICAL TRIALS ANNUALLY, ENROLLING NEARLY 1 IN 4 PATIENTS. MANY OF THESE TRIALS PROVIDE PATIENTS WITH ACCESS TO THE NEWEST TREATMENT APPROACHES, WHICH HELPS DEVELOP THE STANDARD TREATMENTS OF TOMORROW. FOR INSTANCE, THE MEDICAL CENTER WAS THE FIRST INSTITUTION IN THE WORLD TO PERFORM A CLINICAL STUDY USING NEURAL STEM CELLS TO TARGET GLIOMA, A DEADLY FORM OF BRAIN CANCER. THE MEDICAL CENTER HAS BEEN DESIGNATED A NATIONAL CENTER FOR ISLET CELL TRANSPLANTATION. THE MEDICAL CENTER IS ALSO MAKING MAJOR CONTRIBUTIONS TO THE STUDY OF HIV/AIDS THROUGH RESEARCH INTO HOW TO STOP THE VIRUS' INFECTION OF CELLS. THE MEDICAL CENTER PROVIDES INSTITUTIONALLY FUNDED RESEARCH GRANTS TO DEVELOP NOVEL IDEAS THAT HAVE NOT YET REACHED A MATURITY LEVEL NECESSARY TO SECURE EXTRAMURAL FUNDING. MEDICAL CENTER FACULTY AND STAFF SERVE AS CONTRIBUTORY MEMBERS FOR NATIONAL POLICY AND REGULATORY ORGANIZATIONS AND ADVISORY COMMITTEES. THEY ALSO PROVIDE THEIR EXPERTISE TO REVIEW GRANT APPLICATIONS FOR STATE AND FEDERAL AGENCIES AND SERVE AS MEMBERS OF EDITORIAL BOARDS FOR PROFESSIONAL PUBLICATIONS. THE MEDICAL CENTER'S DEPARTMENT OF POPULATION SCIENCES ALSO REACHES OUT AND SEEKS TO REDUCE THE BURDEN OF CANCER ACROSS ALL POPULATIONS THROUGH COLLABORATIVE PROGRAMS IN CARE, RESEARCH AND EDUCATION. SEEKING TO UNDERSTAND THE CAUSES AND RISKS OF CANCER AND DISPARITIES IN CANCER OUTCOMES IN VARIOUS POPULATIONS, POPULATION SCIENCE PERSONNEL EXAMINE AND INVESTIGATE GENETIC MARKERS LINKED TO CANCER RISK, SEEKING TO IMPROVE THE QUALITY OF LIFE FOR CANCER SURVIVORS. THROUGH THE CENTER FOR CANCER SURVIVORSHIP, SPECIALIZED, LONG-TERM FOLLOW-UP CARE IS PROVIDED FOR CANCER SURVIVORS, AND ITS CRITICAL RESEARCH IS SHARED WITH OTHER INSTITUTIONS.

Program 3
Expenses: $40,009,034 Revenue: $605,341

PUBLIC INFORMATION AND EDUCATION: THE MEDICAL CENTER IS COMMITTED TO SERVING THE COMMUNITY THROUGH EDUCATION AND SUPPORT SERVICES TO INFORM AND EDUCATE THE PUBLIC THROUGH CANCER AWARENESS PROGRAMS...

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PUBLIC INFORMATION AND EDUCATION: THE MEDICAL CENTER IS COMMITTED TO SERVING THE COMMUNITY THROUGH EDUCATION AND SUPPORT SERVICES TO INFORM AND EDUCATE THE PUBLIC THROUGH CANCER AWARENESS PROGRAMS, HEALTH EVENTS AND EDUCATIONAL FORUMS FOR COMMUNITY GROUPS AND BUSINESSES. EDUCATION AND PROFESSIONAL DEVELOPMENT ARE IMPORTANT PROGRAMS AT THE MEDICAL CENTER. THROUGH ROBUST RESIDENCY AND FELLOWSHIP PROGRAMS, THE MEDICAL CENTER PROVIDES CONSIDERABLE TRAINING AND CONTINUING EDUCATION FOR PHYSICIANS, NURSES AND HEALTH PROFESSIONALS EMPLOYED BY THE MEDICAL CENTER. IN MANY INSTANCES THESE SAME PROGRAMS AND TRAINING ARE EXTENDED TO MEDICAL PROFESSIONALS NOT DIRECTLY AFFILIATED WITH THE MEDICAL CENTER.

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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 $55,945,015
Program Service Revenue $2,821,305,871
Investment Income $51,884,877
Other Revenue $18,081,244
TOTAL REVENUE $2,947,217,007

Expense Breakdown

Grants Paid $8,611,088
Salaries & Benefits $1,003,888,141
Fundraising Expenses $0
Program Expenses $2,389,452,905
Other Expenses $1,739,637,794
TOTAL EXPENSES $2,752,137,023

Year-over-Year Comparison

2023 2022 Change
Revenue $2,947,217,007 $2,535,084,756 +0.2%
Expenses $2,752,137,023 $2,391,958,398 +0.2%
Net Income $195,079,984 $143,126,358 +0.4%
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
9
Independent Members
9
Employees
6687
Volunteers
345

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
$7,609,137
Total Directors
10
$0
Key Employees
9
$18,459,670
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Morgan Chu Esq Director & Chair of the Board 2.0
Officer Director
$0 $0 $0
Adrienne White-Faines Director 2.0
Director
$0 $0 $0
Alex Herrera MD Director 2.0
Director
$0 $0 $0
Anna Pawlowska MD Director 2.0
Director
$0 $0 $0
Clarke Anderson Director 2.0
Director
$0 $0 $0
Eddy Hartenstein Director 2.0
Director
$0 $0 $0
Evan Lamberg Director 2.0
Director
$0 $0 $0
Sheri Biller Director 2.0
Director
$0 $0 $0
Steve B Fink Director 2.0
Director
$0 $0 $0
Tanya Dorff MD Director 2.0
Director
$0 $0 $0
Cristin J O'Callahan General Counsel & Corp Secretary 12.0
Officer
$226,268 $341,125 $1,472,464
Donald J Matthewson Assistant Treasurer 12.0
Officer
$125,464 $12,060 $639,380
Jo Ann Escasa-Haigh Chief Business Officer 15.0
Officer
$457,420 $150,513 $1,980,192
Marcellus R Van Den Brink MD PhD Pres COH LA & NMC & Chf Phys Exec 48.0
Officer
$798,294 $157,403 $1,155,272
Michael A Caligiuri MD President & Phys-in-Chief, NMC - UNTIL 10/16/2023 54.0
Officer
$2,077,049 $29,835 $2,337,667
Yvette Tremonti Treasurer/Chief Financial Officer 12.0
Officer
$0 $24,162 $24,162
Annette M Walker President of COH OC Cancer Ctr 39.0
Key Emp
$1,412,991 $343,370 $2,517,202
Debra F Fields Exec VP & Chief Transformation Ofc 15.0
Key Emp
$426,101 $384,116 $2,088,520
John D Carpten Chf Sci Off, BRI Dir, Canc Ctr Dir 18.0
Key Emp
$311,688 $100,957 $1,139,917
Kevin Manemann EVP & Chief Integration Offcr 21.0
Key Emp
$481,802 $119,131 $1,495,710
Mark Hulse Chief Digital Officer 15.0
Key Emp
$345,840 $42,307 $1,425,667
Robert W Stone COH President & CEO 18.0
Key Emp
$1,344,795 $1,667,332 $6,149,982
Susan J Brown SVP Chief Nursing & Patient Svcs Ofc 60.0
Key Emp
$938,704 $85,279 $1,023,983
Vijay Trisal MD System Chief Clinical Officer 48.0
Key Emp
$889,364 $148,148 $1,259,854
Vincent D Jensen Chief Executive 21.0
Key Emp
$422,739 $151,010 $1,358,835
Ashley Baker Lee SVP, Research Operations 12.0
Highest
$218,018 $132,846 $1,222,938
Edward S Kim Director, System Clin Trials 45.0
Highest
$1,189,384 $136,190 $1,722,035
Harlan Alcon Levine Pres, Hlth Innovation & Policy 18.0
Highest
$596,751 $403,546 $2,392,717
Kristin Bertell Chief Philanthropy Officer 2.0
Highest
$41,469 $314,901 $1,558,973
Stephen Gruber Dir, Center for Precision Med 60.0
Highest
$1,120,018 $42,484 $1,162,502
Jennifer Parkhurst Former Officer 15.0
$391,072 $64,845 $1,629,131
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 $2,947,217,007 $2,752,137,023 $4,772,431,422 $195,079,984
2023 $2,535,084,756 $2,391,958,398 $4,391,784,049 $143,126,358
2022 $1,988,224,467 $2,033,883,108 $3,534,752,675 $-45,658,641
2021 $1,624,218,070 $1,590,482,304 $2,832,312,281 $33,735,766
2020 $1,465,585,208 $1,449,819,768 $2,972,994,166 $15,765,440
2019 $1,357,281,176 $1,315,617,669 $2,261,192,710 $41,663,507
2018 $1,263,017,604 $1,227,705,345 $1,816,121,698 $35,312,259
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