PIH Health Downey Hospital

EIN: 951903935 501(c)(3) Health Care

Downey, CA

Total Revenue
$262,193,856
Total Expenses
$221,366,756
Total Assets
$205,809,905
Net Assets
$-48,571,415
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
CA
Phone
5629045000
Tax Period
2023-10-01 to 2024-09-30

PIH Health Downey Hospital, founded in 1956, is a major nonprofit in the Health Care sector that reported $262.2M in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40.8M, a strong 16% operating margin.

Mission

Mission: We provide high quality healthcare without discrimination and contribute to the health and well-being of our communities in an ethical, safe, and fiscally prudent manner in recognition of our charitable purpose.

Program Service Accomplishments

Program 1
Expenses: $120,689,960 Revenue: $157,868,008

Patient Care: PIH Health Downey Hospital officially became part of PIH Health in October 2013. As a 501 (c)(3) nonprofit, 199-bed hospital, the Downey campus has provided quality care in a welcoming...

Read more

Patient Care: PIH Health Downey Hospital officially became part of PIH Health in October 2013. As a 501 (c)(3) nonprofit, 199-bed hospital, the Downey campus has provided quality care in a welcoming environment for almost 100 years. Patient Care in Fiscal Year 2023-2024 Employees: 1,250 Volunteers: 289 Number of Emergency Department (ED) visits: 62,413 Medical Staff: 478

Program 2
Expenses: $69,808,686 Revenue: $62,772,647

Financial Assistance and Means-Tested Government Programs: Financial Assistance, also known as charity care, is defined as free or discounted health services provided to individuals who cannot afford...

Read more

Financial Assistance and Means-Tested Government Programs: Financial Assistance, also known as charity care, is defined as free or discounted health services provided to individuals who cannot afford to pay and who meet the eligibility criteria of the organization's financial assistance policy. PIH Health offers a generous Financial Assistance Program, providing charity care to those with family income(s) at or below 400% of Federal Poverty Level guidelines. In providing services to those patients participating in means-tested government health programs, such as Medi-Cal, PIH Health realizes a collective net loss each fiscal year due to the shortfall created when the payments received from these programs are less than the cost of caring for public program beneficiaries. Number of persons served by financial assistance and means-tested government programs: 42,911

Program 3
Expenses: $7,555,685 Revenue: $1,264,360

Other Community Benefit Services: Community health improvement services, Health professions education, Subsidized health services, Cash and in-kind contributions and Community Building are comprised...

Read more

Other Community Benefit Services: Community health improvement services, Health professions education, Subsidized health services, Cash and in-kind contributions and Community Building are comprised of the following: COMMUNITY HEALTH IMPROVEMENT SERVICES AND COMMUNITY BENEFIT OPERATIONS: Community Health Improvement Services is defined as community health improvement activities, which extend beyond patient care activities. These programs include: community education, a community helpline, a medication-assisted treatment program, health insurance enrollment assistance, and purchased services for at-risk patients. Community Benefit Operations is defined as costs associated with assigned staff and community health needs assessments, and community benefit strategy and operations. Snapshot of Outcomes: * 9,337 community members were reached through a variety of community health improvement activities. HEALTH PROFESSIONS EDUCATION: This category includes educational programs for physicians, nurses, students and other health professionals when education is necessary or required by state law, accrediting body or health profession society. PIH Health programs include the Family Medicine Residency Program, and Student Education (internship, externship, preceptorship and mentoring programs). Snapshot of Outcomes: * 61 student nurses, physician residents and other individuals studying to become healthcare professionals were provided with mentorship, preceptorship and training opportunities. SUBSIDIZED HEALTH SERVICES: Subsidized services are clinical programs, which are provided despite a financial loss so significant that negative margins remain after removing the effects of financial assistance, bad debt and Medi-Cal shortfalls. Nevertheless, the service is provided because it meets an identified community need and, if no longer offered, would either be unavailable in the area or fall to the responsibility of government or another nonprofit organization to provide. PIH Health services provided include Emergency Department On-Call Physicians. Snapshot of Outcomes: * Some 14 individuals were served by subsidized health services. CASH & IN-KIND CONTRIBUTIONS: This category includes funds and in-kind services donated by PIH Health to community organizations or to the community-at-large for a community benefit purpose. These donations include cash donations to community organizations, hours contributed by staff to the community while on PIH Health work time, the cost of meeting space provided to community groups, and the donations of equipment, medications, supplies and services. Snapshot of Outcomes: * 103 individuals benefitted from donated staff time or meeting space. Total number of persons served by all Other Community Benefit Services categories: 9,515 For additional information, please refer to PIH Health's community benefit report at: PIHHealth.org/CBAnnualReport

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $32,249,261
Program Service Revenue $221,905,015
Investment Income $6,347,315
Other Revenue $1,692,265
TOTAL REVENUE $262,193,856

Expense Breakdown

Grants Paid $0
Salaries & Benefits $119,257,309
Fundraising Expenses $0
Program Expenses $198,054,331
Other Expenses $102,109,447
TOTAL EXPENSES $221,366,756

Year-over-Year Comparison

2023 2022 Change
Revenue $262,193,856 $197,272,206 +0.3%
Expenses $221,366,756 $204,836,851 +0.1%
Net Income $40,827,100 $-7,564,645 -6.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
16
Independent Members
15
Employees
1485
Volunteers
289

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
9
$6,913,531
Total Directors
21
$10,475
Key Employees
2
$1,237,651
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX ALVAREZ DIRECTOR & TREASURER 1.5
Officer Director
$0 $0 $0
CHARLOTTE WEAVER PhD DIRECTOR & CHAIR 1.5
Officer Director
$0 $0 $0
PATRICK MONROE DIRECTOR & VICE CHAIR 1.5
Officer Director
$0 $0 $0
PAUL TREINEN DIRECTOR & SECRETARY 1.5
Officer Director
$0 $0 $0
BLAYNE CUTLER MD PhD THRU 92724 DIRECTOR 1.5
Director
$0 $0 $0
JANE DICUS THRU 92724 DIRECTOR 1.5
Director
$0 $0 $0
JAY BROWN THRU 92724 DIRECTOR 1.5
Director
$0 $0 $0
JEFF HAMAR DIRECTOR 1.5
Director
$0 $0 $0
KENTON WOODS DIRECTOR 1.5
Director
$0 $0 $0
MARISSA GOLDBERG DIRECTOR 1.5
Director
$0 $0 $0
MARK DUBIN MD DIRECTOR 2.5
Director
$10,475 $0 $10,475
MARK MINKES MD DIRECTOR 1.5
Director
$0 $0 $0
MELANIE BATISTE DIRECTOR 1.5
Director
$0 $0 $0
PAUL YOSHINO MD START 32224 DIRECTOR 1.5
Director
$0 $0 $0
PETER GREANEY MD DIRECTOR 1.5
Director
$0 $0 $0
RICHARD ATWOOD DIRECTOR 1.5
Director
$0 $0 $0
ROBERT MALONEY MD THRU 111623 DIRECTOR 1.5
Director
$0 $0 $0
SUSHIL OJHA MD THRU 32424 DIRECTOR 1.5
Director
$0 $0 $0
THURSO BARENDSE START 2824 DIRECTOR 1.5
Director
$0 $0 $0
TRACEA SARALIEV START 2824 DIRECTOR 1.5
Director
$0 $0 $0
WILLIAM ROTH DIRECTOR 1.5
Director
$0 $0 $0
ALEXIS ZAMARRIPA START 41124 CNO 40.0
Officer
$0 $28,339 $203,440
JAMES WEST SYSTEM PRESIDENT & CEO 10.0
Officer
$0 $38,737 $2,562,270
PEGGY CHULACK SYSTEM CAO & ASST SECRETARY 10.0
Officer
$0 $32,543 $1,651,984
ROSALIO LOPEZ MD SYSTEM CSO/CMO 10.0
Officer
$0 $48,338 $1,414,663
VID SHIVARAMAN SYSTEM CFO & ASST TREASURER 10.0
Officer
$0 $197,076 $1,081,174
MOHAMMED GHONIM REGIONAL VP 15.0
Key Emp
$0 $78,065 $558,658
ROLAND FARGO THRU 12312023 REGIONAL VP 15.0
Key Emp
$0 $102,284 $678,993
CYNTHIA APODACA RN, BSN 40.0
Highest
$215,449 $27,002 $242,451
LIBERTY ROSALES RN CHARGE NURSE 40.0
Highest
$279,202 $31,407 $310,609
LUZ ONG RN, BSN 40.0
Highest
$225,982 $22,922 $248,904
MARY RODRIGUEZ RN CHARGE NURSE 40.0
Highest
$236,363 $16,940 $253,303
ROSALIE MADDEN RN CHARGE NURSE 40.0
Highest
$228,145 $36,927 $265,072
BRIAN SMOLSKIS FORMER- SYSTEM COO 0.0
$0 $264,451 $2,192,779
KEVIN BROWN FORMER -VP, CARDIOLOGY SERVICES (THRU 5/23) 0.0
$0 $61,389 $496,230
MARIE-DIANNE SAUCO FORMER CNO 0.0
$0 $124,147 $581,427
RAMONA PRATT FORMER CNO 0.0
$0 $76,388 $638,290
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 $262,193,856 $221,366,756 $205,809,905 $40,827,100
2023 $197,272,206 $204,836,851 $194,522,798 $-7,564,645
2022 $203,490,605 $197,555,031 $186,762,359 $5,935,574
2021 $189,877,672 $198,213,893 $167,649,888 $-8,336,221
2021 $189,877,672 $198,213,893 $167,649,888 $-8,336,221
2020 $187,128,967 $184,108,536 $167,862,077 $3,020,431
2019 $170,397,521 $174,930,029 $164,320,635 $-4,532,508
2018 $158,653,631 $169,367,130 $161,264,007 $-10,713,499
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PIH Health Downey Hospital with other nonprofits in California and across the country.