Castle Medical Center dba Adventist Health Castle

EIN: 990107330 501(c)(3) Health Care

Kailua, HI

Total Revenue
$275,010,518
Total Expenses
$265,405,524
Total Assets
$280,805,611
Net Assets
$179,345,314
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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
HI
Principal Officer
Ashlock Ryan
Phone
8082635500
Tax Period
2024-01-01 to 2024-12-31

Castle Medical Center dba Adventist Health Castle, founded in 1960, is a major nonprofit in the Health Care sector that reported $275.0M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $265.4M left a modest 3% surplus.

Mission

Living Gods love by inspiring health, wholeness and hope.

Program Service Accomplishments

Program 1
Expenses: $219,552,928 Revenue: $275,010,518

Castle Medical Center, dba Adventist Health Castle (AHCS), provides quality medical healthcare regardless of race, creed, sex, national origin, handicap, age, or ability to pay.Although...

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Castle Medical Center, dba Adventist Health Castle (AHCS), provides quality medical healthcare regardless of race, creed, sex, national origin, handicap, age, or ability to pay.Although, reimbursement for services rendered is critical to the operation and stability of Castle Medical Center, the organization recognizes that not all individuals possess the ability to pay for essential medical services.Adventist Healths vision is to enhance the health of the communities where we live and serve by engaging our communities and our patients in a new definition of and partnership for personal community health. In keeping with this commitment to serve all members of the community, the following coverage will be considered when individuals who need health care cannot afford to pay: Free care and/or subsidized care Care to persons covered by governmental programs at/or below cost Health/wellness activities and community education programsNot only does Castle Medical Center provide low-cost care to individuals covered by government programs, and those unable to afford healthcare, it also helps patients find and access private and governmental resources for healthcare benefits.AHCS recognizes below-cost reimbursement as charity and uncompensated care in meeting its mission to the entire community. The unreimbursed cost of providing care to these patients in 2024 was $6,600,461.The following Inpatient services were provided to all our patients:922 babies delivered969 surgeries performed26,922 patient days The following Outpatient services were provided to all our patients:36,082 emergency room visits2,179 outpatient surgeries performed74,561 outpatient visits 169,086 clinic visitsAHCS recognizes it has an obligation to provide human services above and beyond its role as a healing facility. Schedule H provides more details on the tangible ways in which the organization is fulfilling its mission. The total unreimbursed cost of these community benefits in 2024 was $16,868,073.AHCS' quality and performance awards include: Centers for Medicare and Medicaid Services 5-Star Rating, Top 100 Hospitals by Fortune and Premier's PINC AI, "A" Hospital Safety Grade from The Leapfrogn Group for Spring 2025, Best Places to Work in Hawaii by Hawaii Business Magazine, Healthgrades Quality Achievement Awards Outstanding Patient Experience - 12 Years Running, Beacon Award for Excellence - ICU, Level III Trauma Medical Center verification from the American College of Surgeons Committee on Trauma and the State of Hawaii Department of Health, 5-Star Cleanliness Rating by CMS, and America's Best Maternity Hospitals by Newsweek. Adventist Healths mission statement of living Gods love by inspiring health, wholeness and hope is coupled with a vision to transform the health experience of our communities through collaborative programs, community investments and community outreach. We are inspired by the healing ministry, as represented by the life of Jesus Christ, and believe we are called to live out our mission intentionally in the communities we serve. In the small towns, suburbs, and inner cities we serve, we continue our journey to provide quality healthcare until every person made in Gods image has experienced the best health today, hope for tomorrow, and Gods love that endures forever.Websites for our community benefit information: https://www.adventisthealth.org/about-us/community-benefit/

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,848,889
Program Service Revenue $259,400,243
Investment Income $7,190,023
Other Revenue $2,571,363
TOTAL REVENUE $275,010,518

Expense Breakdown

Grants Paid $126,110
Salaries & Benefits $127,655,022
Fundraising Expenses $324,621
Program Expenses $219,552,928
Other Expenses $137,624,392
TOTAL EXPENSES $265,405,524

Year-over-Year Comparison

2024 2023 Change
Revenue $275,010,518 $244,150,079 +0.1%
Expenses $265,405,524 $247,242,412 +0.1%
Net Income $9,604,994 $-3,092,333 -4.1%
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
15
Independent Members
13
Employees
1396
Volunteers
82

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
$11,730,333
Total Directors
16
$6,800,226
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HeinrichKerry Director/CEO 0.00
Officer Director
$0 $57,975 $4,032,170
Hofheins Todd COO/Vice Chair 0.00
Officer Director
$0 $65,992 $2,473,667
Beaman John CFO/Asst Secty 0.00
Officer
$0 $79,808 $2,060,669
Stevens Eric Fmr Care Div Ops Exec thru 2/22 0.00
$0 $57,975 $1,944,121
Nahapetian Arby Former Care Div Med Off thru2/22 0.00
$0 $79,808 $1,839,066
Ing Albert Physician 40.00
$1,352,994 $32,665 $1,385,659
Jobe Meredith Secretary 0.00
Officer
$0 $57,975 $1,279,079
Ashlock Ryan thru 1024 President, AHCS 10.00
Officer
$0 $74,790 $1,166,966
Rippey Wesley Frmr Reginal Med Off, PNR thru 3/21 0.00
$0 $37,321 $833,584
Welch Donald Frmr Finance Officer, PNR thru 3/21 0.00
$0 $57,975 $764,267
Loui William Physician 40.00
$720,036 $38,121 $758,157
Jahn Andrew Former Care Div President thru 2/22 0.00
$0 $17,097 $753,866
Witmer Kenneth Physician 40.00
$600,542 $42,790 $643,332
Munir Jamalah Physician 40.00
$599,291 $39,460 $638,751
Younoszai Barak Physician 40.00
$590,397 $42,380 $632,777
Thordarson Heidar Former Treas / Asst Sec thru 3/21 0.00
$0 $57,975 $608,815
Johnson Nicolas Treasurer 50.00
Officer
$0 $51,692 $525,774
Smitson Robert Medical Officer 50.00
$0 $73,331 $476,250
LeeAdam For Dir Mark&Comm, PNR thru 3/21 0.00
$0 $79,483 $455,126
Seibel Jesse Mission and Admin Executive 50.00
$0 $63,107 $380,628
Voshell Shane Former Reg HR Dir, PNR thru 3/21 0.00
$0 $71,269 $376,356
Anderson Erik Patient Care Exec. thru 10/2024 2.00
$0 $30,508 $322,492
Saavedra Garcia Katherine Operations Executive 50.00
$0 $45,059 $304,276
Wing Bill Former Dir/A Sec/V Chair thru 01/22 0.00
$0 $0 $273,263
Aalborg Chase eff 1024 President, AHCS 50.00
Officer
$0 $11,012 $137,866
Freedman John Dir/Chair 0.00
Officer Director
$0 $0 $27,203
Newton Bradford Dir/Vice Chair 0.00
Officer Director
$0 $0 $26,939
Davis Andrew Director 0.00
Director
$0 $0 $26,611
Cherry Robert Director 0.00
Director
$0 $0 $26,611
Innocent Larry Director 0.00
Director
$0 $0 $26,611
Reiner Richard Director 0.00
Director
$0 $0 $26,611
Wagner Jack Director 0.00
Director
$0 $0 $21,611
Woodson Marc Director 0.00
Director
$0 $0 $21,611
SalazarVelino thru924 Director 0.00
Director
$0 $0 $21,181
Fehr Joy Director 0.00
Director
$0 $0 $18,680
Beckett Ann Director 0.00
Director
$0 $0 $17,930
Jutsy Kenneth Director 0.00
Director
$0 $0 $16,180
Daggett Jonathan Director 0.00
Director
$0 $0 $16,180
Cress John eff 1024 Director 0.00
Director
$0 $0 $430
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 $275,010,518 $265,405,524 $280,805,611 $9,604,994
2023 $244,150,079 $247,242,412 $274,760,745 $-3,092,333
2022 $221,415,278 $223,064,080 $290,766,043 $-1,648,802
2021 $203,642,990 $191,534,885 $303,562,976 $12,108,105
2020 $176,579,390 $178,982,988 $287,891,609 $-2,403,598
2019 $181,314,088 $174,268,279 $277,913,794 $7,045,809
2018 $179,419,573 $172,295,923 $287,745,337 $7,123,650
2017 $173,838,739 $162,754,638 $275,748,039 $11,084,101
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