BEVERLY COMMUNITY HOSPITAL ASSOCIATION HOWARD EHRENBERG CH 11 BKCY TSTEE

EIN: 951816005 501(c)(3) Health Care

LOS ANGELES, CA

Total Revenue
$13,466,818
Total Expenses
$2,376,115
Total Assets
$12,538,379
Net Assets
$-64,113,200
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
CA
Principal Officer
HOWARD M EHRENBERG
Phone
3104773924
Tax Period
2024-01-01 to 2024-12-31

BEVERLY COMMUNITY HOSPITAL ASSOCIATION HOWARD EHRENBERG CH 11 BKCY TSTEE, founded in 1949, is a mid-sized nonprofit in the Health Care sector that reported $13.5M in total revenue in fiscal year 2024. Revenue fell 65% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $11.1M, a strong 82% operating margin.

Mission

PRIOR TO ITS BANKRUPTCY AND TERMINATION OF OPERATIONS THE HOSPITALS MISSION WAS TO PROVIDE COMPASSIONATE AND QUALITY HEALTH CARE.

Program Service Accomplishments

Program 1
Expenses: $2,376,115 Revenue: $9,996,797

TAXPAYER IS IN BANKRUPTCY AND UNDER LIQUIDATION BY A COURT APPOINTED BANKRUPTCY TRUSTEE. NO BUSINESS OPERATIONS ARE CURRENTLY BEING CONDUCTED.PREVIOUSLY TAXPAYER ENGAGED IN INPATIENT AND OUTPATIENT...

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TAXPAYER IS IN BANKRUPTCY AND UNDER LIQUIDATION BY A COURT APPOINTED BANKRUPTCY TRUSTEE. NO BUSINESS OPERATIONS ARE CURRENTLY BEING CONDUCTED.PREVIOUSLY TAXPAYER ENGAGED IN INPATIENT AND OUTPATIENT HOSPITAL SERVICES - HOSPITAL SERVICES PROVIDED BY BEVERLY COMMUNITY HOSPITAL ASSOCIATION INCLUDED 7,686 INPATIENT ADMISSIONS, 14,013 OUTPATIENT VISITS, AND 33,324 EMERGENCY ROOM VISITS IN 2022. CARE IS PROVIDED WITHOUT CHARGE TO PATIENTS WHO MEET SPECIFIED CRITERIA UNDER THE CHARITY CARE POLICY.

Program 2

PRIOR CAPITATION SERVICES - PRIOR TO ITS BANKRUPTCY BEVERLY COMMUNITY HOSPITAL ASSOCIATION CONTRACTED WITH BLUE CROSS OF CALIFORNIA AND HEALTH NET OF CALIFORNIA TO PROVIDE INPATIENT AND OUTPATIENT...

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PRIOR CAPITATION SERVICES - PRIOR TO ITS BANKRUPTCY BEVERLY COMMUNITY HOSPITAL ASSOCIATION CONTRACTED WITH BLUE CROSS OF CALIFORNIA AND HEALTH NET OF CALIFORNIA TO PROVIDE INPATIENT AND OUTPATIENT HOSPITAL SERVICES AT FULL RISK TO ENROLLED MEDI-CAL BENEFICIARIES WHO ARE CONCURRENTLY ENROLLED WITH A LOCAL MEDICAL GROUP.

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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 $3,470,021
Program Service Revenue $9,382,577
Investment Income $614,220
Other Revenue $0
TOTAL REVENUE $13,466,818

Expense Breakdown

Grants Paid $0
Salaries & Benefits $393,943
Fundraising Expenses $0
Program Expenses $2,376,115
Other Expenses $1,982,172
TOTAL EXPENSES $2,376,115

Year-over-Year Comparison

2024 2023 Change
Revenue $13,466,818 $38,717,475 -0.7%
Expenses $2,376,115 $140,904,897 -1.0%
Net Income $11,090,703 $-102,187,422 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALICE CHENG GACHE PRESIDENT 0.00
Officer
$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 $13,466,818 $2,376,115 $12,538,379 $11,090,703
2023 $38,717,475 $140,904,897 $44,753,676 $-102,187,422
2022 $147,245,922 $193,974,366 $152,307,735 $-46,728,444
2021 $174,666,870 $179,072,472 $205,904,470 $-4,405,602
2020 $180,010,626 $183,379,278 $209,889,423 $-3,368,652
2019 $189,990,286 $194,164,985 $203,383,884 $-4,174,699
2018 $203,537,075 $199,693,525 $203,436,478 $3,843,550
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