Sharp Memorial Hospital

EIN: 953782169 501(c)(3) Health Care

San Diego, CA

Total Revenue
$1,590,709,458
Total Expenses
$1,448,413,251
Total Assets
$4,680,922,482
Net Assets
$3,970,177,473
🔒

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
1981
Legal Domicile
CA
Phone
8584995150
Tax Period
2023-10-01 to 2024-09-30

Sharp Memorial Hospital, founded in 1981, is a large national nonprofit in the Health Care sector that reported $1.6B in total revenue in fiscal year 2023. Expenses of $1.4B left a modest 9% surplus.

Mission

The corporation shall, at all times, operate a hospital under the name Donald N. Sharp Memorial Community Hospital. The purpose of the corporation shall be to promote and to oversee the quality of care rendered in the hospital; to act as the governing board authority in matters of medical staff relations, clinical issues, credentialing, physician discipline and Joint Commission on Accreditation of Hospital requirements; and to establish policies to support those purposes.

Program Service Accomplishments

Program 1
Expenses: $1,324,286,357 Revenue: $1,524,794,386

Sharp Memorial Hospital provides inpatient and outpatient healthcare services to the community. For fiscal year 2024, patient days totaled 205,954 and outpatient visits totaled 331,724. See Community...

Read more

Sharp Memorial Hospital provides inpatient and outpatient healthcare services to the community. For fiscal year 2024, patient days totaled 205,954 and outpatient visits totaled 331,724. See Community Benefits Report on Schedule O

🔒

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 $22,442,006
Program Service Revenue $1,524,794,386
Investment Income $41,086,363
Other Revenue $2,386,703
TOTAL REVENUE $1,590,709,458

Expense Breakdown

Grants Paid $725,706
Salaries & Benefits $698,005,539
Fundraising Expenses $0
Program Expenses $1,324,286,357
Other Expenses $749,682,006
TOTAL EXPENSES $1,448,413,251

Year-over-Year Comparison

2023 2022 Change
Revenue $1,590,709,458 $1,539,570,652 +0.0%
Expenses $1,448,413,251 $1,318,965,927 +0.1%
Net Income $142,296,207 $220,604,725 -0.4%
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
11
Employees
6659
Volunteers
334

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
10
$6,268,882
Total Directors
22
$4,857,617
Key Employees
3
$1,166,408
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christopher D Howard PRESIDENT & CEO SHC 1.0
Officer Director
$0 $17,675 $2,467,123
Emily Cole MD SECRETARY 2.0
Officer Director
$22,650 $0 $22,650
Lori Moore CHAIR 2.0
Officer Director
$0 $0 $0
Marilyn Brown TREASURER 3.0
Officer Director
$0 $0 $0
Patricia Khaleghi SVP MARKET CEO 50.0
Officer Director
$0 $35,877 $1,145,921
Stefanie Benvenuto VICE CHAIR 2.0
Officer Director
$0 $0 $0
Aasif Parekh DIRECTOR THRU 01/2024 2.0
Director
$0 $12,876 $107,444
Casey Castillo DIRECTOR 1.0
Director
$0 $0 $0
Charles Athill MD DIRECTOR 5.0
Director
$48,261 $0 $50,634
Christopher Walker DIRECTOR AS OF 05/2024, COO 2.0
Director
$0 $47,709 $450,577
Craig Saffer MD DIRECTOR THRU 12/2023, CHIEF OF STAFF 3.0
Director
$116,700 $0 $116,700
Derek Quackenbush DIRECTOR 2.0
Director
$0 $0 $0
Frederick Johnson MD DIRECTOR 1.0
Director
$0 $0 $0
Howard Smart MD DIRECTOR THRU 12/2023 1.0
Director
$14,475 $0 $14,475
James Smith III DIRECTOR 2.0
Director
$0 $0 $0
Jershonda Hartsfield MD DIRECTOR AS OF 01/2024 2.0
Director
$7,800 $0 $7,800
Joe Bellezzo MD DIRECTOR THRU 07/01/2024 2.0
Director
$39,000 $0 $39,000
Linda Caballero-Sotelo DIRECTOR THRU 12/31/23 2.0
Director
$0 $0 $0
Pamela Wells VP PATIENT CARE SVCS THRU 05/06/2024 50.0
Director
$0 $30,769 $435,293
Paola Avila DIRECTOR 1.0
Director
$0 $0 $0
Richard Coutts MD DIRECTOR 1.0
Director
$0 $0 $0
Tom Gildred DIRECTOR 1.0
Director
$0 $0 $0
Anthony Guerra CHIEF FINANCE-MARKET GROWTH OFFICER-SMH 50.0
Officer
$0 $52,688 $490,256
Doug Watson SVP & CFO SHC THRU 2/2/2024 2.0
Officer
$0 $0 $804,905
Rick L Grossman SVP GENERAL COUNSEL 3.0
Officer
$0 $11,062 $1,338,027
Susan Green EVP & CFO SHC AS OF 1/15/2024 2.0
Officer
$0 $0 $0
Gregory Blank CHIEF ADMINISTRATIVE OFFICER 40.0
Key Emp
$0 $22,945 $358,317
Julie Abraham DIR PHARMACY 40.0
Key Emp
$0 $42,574 $366,659
Maria Colombo CNO SPECIALTY HOSP 40.0
Key Emp
$0 $47,006 $441,432
Christiana Paul VP PATIENT CARE CONTINUUM 40.0
Highest
$0 $34,234 $345,699
Danny Dubon PERFUSIONIST 40.0
Highest
$0 $8,293 $307,036
Fadi Nicolas CMO SHARP BEHAVIORAL HEALTH 40.0
Highest
$0 $39,541 $636,129
Leny Flores-Lim LD CLINICAL NURSE 40.0
Highest
$0 $46,829 $362,502
Thomas Lawrie CHIEF MEDICAL OFFICER 40.0
Highest
$0 $38,768 $525,093
Brett G McClain FORMER OFFICER 5.0
$0 $17,675 $1,672,971
Staci L Dickerson FORMER OFFICER 0.0
$0 $24,847 $983,119
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 $1,590,709,458 $1,448,413,251 $4,680,922,482 $142,296,207
2023 $1,539,570,652 $1,318,965,927 $3,959,324,151 $220,604,725
2022 $1,438,940,478 $1,259,904,561 $3,688,824,619 $179,035,917
2021 $1,514,036,093 $1,232,494,937 $3,875,566,851 $281,541,156
2020 $1,371,656,268 $1,157,911,232 $3,482,350,019 $213,745,036
2019 $1,310,160,010 $1,102,262,379 $3,122,712,639 $207,897,631
2018 $1,344,781,960 $1,113,906,882 $2,882,644,852 $230,875,078
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Sharp Memorial Hospital with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.