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Memorial Health Services

Memorialcare

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 951643381 ✦ Fountain valley, CA ✦ Designated as a 501(c)(3)

Overview

What is Memorial Health Services?

Memorial Health Services is a parent nonprofit corporation based in Fountain Valley, California, serving as the sole member of the MemorialCare Health System. This integrated healthcare delivery system operates hospitals, including MemorialCare Long Beach Medical Center, Miller Children's and Women's Hospital Long Beach, Orange Coast Memorial Medical Center, and Saddleback Memorial Medical Center. Memorial Health Services is dedicated to enhancing community health through inpatient and outpatient care, focusing on meeting the needs of uninsured or underinsured patients. In the fiscal year ending June 30, 2022, they operated 1,280 beds, recorded 253,942 patient days, discharged 51,947 patients, provided 25,071 surgical procedures, delivered 9,590 babies, and had 173,392 emergency department visits. Memorial Health Services also leads MemorialCare Medical Foundation, which offers comprehensive outpatient clinical services and provides administrative support to affiliated healthcare providers.


Official website here: www.memorialcare.org

Is Memorial Health Services legitimate?

Memorial Health Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memorial Health Services submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $19,251,513
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,342,415

For more financial information, click here


Official website here: www.memorialcare.org

What is the mission statement of Memorial Health Services?

Memorial Health Services is dedicated to enhancing the health and well-being of individuals, families, and communities. They accomplish this by supporting and providing administrative services to non-profit, tax-exempt hospitals and healthcare providers. Through these collaborations, Memorial Health Services enables the supported organizations to carry out their purposes and activities effectively. By doing so, they contribute significantly to improving the overall health and well-being of the communities they serve.


Official website here: www.memorialcare.org

Who is the CEO of Memorial Health Services?

Karen Testman is the President/Ceo of Memorial Health Services. The CEO's salary of Memorial Health Services is $4,120,677 and their total compensation is $5,915,941.


Official website here: www.memorialcare.org

What is the revenue of Memorial Health Services?

Memorial Health Services's revenue in 2022 was $411,780,979.


Official website here: www.memorialcare.org

Who are the executives of Memorial Health Services and what are their salaries?

The average compensation at Memorial Health Services during 2022 was $86,409. There are 1,060 employees and 10 volunteers at Memorial Health Services.

Here are 39 key members and their salaries (Memorial Health Services's CEO's salary is $4,120,677 and their total compensation is $5,915,941):

    Barry S Arbuckle (President/Ceo) [Trustee/Director]
  • Compensation: $4,120,677
  • Related: $0
  • Other: $1,795,264

    • Richard A Graniere (Evp/Chief Inv Off/Treas(Thru 1/3/22))
  • Compensation: $1,443,792
  • Related: $0
  • Other: $129,109

    • Karen A Testman (Evp, Chief Financial Officer)
  • Compensation: $1,061,177
  • Related: $0
  • Other: $422,734

    • Helen L Macfie (Svp, Chief Transformation Off)
  • Compensation: $1,179,320
  • Related: $0
  • Other: $176,657

    • Thomas J Leary (Svp, Chief Legal Officer)
  • Compensation: $833,785
  • Related: $0
  • Other: $237,640

    • Steven Beal (Svp, Info Systems/Cio)
  • Compensation: $659,776
  • Related: $0
  • Other: $212,601

    • Laurie D Sicaeros (Chief Strategy Officer)
  • Compensation: $691,716
  • Related: $0
  • Other: $137,093

    • Cathy D Capaldi (Svp, Business Dev, Mark & Comm)
  • Compensation: $578,534
  • Related: $0
  • Other: $178,562

    • John D Cascell (Svp, Managed Care)
  • Compensation: $564,726
  • Related: $0
  • Other: $181,971

    • Brian C Stuckman (Svp Supply Chain & Ancillary)
  • Compensation: $553,024
  • Related: $0
  • Other: $112,047

    • Kevin C Torres (Vp, Information Systems)
  • Compensation: $578,806
  • Related: $0
  • Other: $49,110

    • Adolfo O Chanez (Svp, Corporate Finance)
  • Compensation: $529,115
  • Related: $0
  • Other: $80,094

    • Mary P Leahy (Svp, Chief Hr Officer)
  • Compensation: $484,951
  • Related: $0
  • Other: $80,432

    • John Somers (Vp, Real Estate And Facilities)
  • Compensation: $468,248
  • Related: $0
  • Other: $39,114

    • Stephen Mcnamara (Vp, Pfs And Cfo Shp)
  • Compensation: $446,621
  • Related: $0
  • Other: $42,182

    • Aravind Sampath (Vp, Strategic Sourc (Thru 12/27/21))
  • Compensation: $432,927
  • Related: $0
  • Other: $22,537

    • Elizabeth Acord (Vp, Oncology)
  • Compensation: $392,913
  • Related: $0
  • Other: $27,330

    • Christopher Finch (Vp, Chief Compliance Officer)
  • Compensation: $371,745
  • Related: $0
  • Other: $44,147

    • Kristen L Pugh (Vp, Advocacy & Govern Relation)
  • Compensation: $395,458
  • Related: $0
  • Other: $15,502

    • Seth Ellis (Vp, Clinical Integration)
  • Compensation: $361,267
  • Related: $0
  • Other: $31,498

    • Donald Thompson (Assistant General Counsel)
  • Compensation: $337,948
  • Related: $0
  • Other: $32,388

    • James M Jones (Vp, Quality & Risk Management)
  • Compensation: $342,473
  • Related: $0
  • Other: $22,287

    • Karen Weinstein (Assistant General Counsel)
  • Compensation: $310,515
  • Related: $0
  • Other: $41,119

    • Suzanna H Winslow (Associate General Counsel)
  • Compensation: $319,657
  • Related: $0
  • Other: $29,845

    • Diana Janis (Exe Dir, Hris-Cmp-Tal (Thru 1/14/22))
  • Compensation: $294,987
  • Related: $0
  • Other: $36,570

    • Paul A Holt (Exec. Dir, Enterprise It Svcs)
  • Compensation: $278,309
  • Related: $0
  • Other: $32,326

    • Jennifer L Tinajero (Vp Clinical Transformation)
  • Compensation: $274,477
  • Related: $0
  • Other: $15,380

    • Troy D Veilleux (Vp, Information Systems)
  • Compensation: $255,977
  • Related: $0
  • Other: $12,579

    • Lorraine C Booth (Former Svp, Chf Hr Off)
  • Compensation: $243,287
  • Related: $0
  • Other: $1,601

    • Sara L Koors (Exec. Research Consult(Thru 7/11/21))
  • Compensation: $177,051
  • Related: $0
  • Other: $14,875

    • Sharon Cheever (Director, Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert F Schack (Director, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samuel Tang (Director, Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sathya Chey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Leo Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas B Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Braden Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Geidt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.memorialcare.org

    Where can I find the form 990 for Memorial Health Services?

    The Memorial Health Services’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.memorialcare.org

    Learn more at the official website: www.memorialcare.org

    Mission Statement of Memorial Health Services

    Memorial Health Services is a mission-driven organization dedicated to enhancing the health and well-being of individuals, families, and communities. By serving as the sole member and benefactor of nonprofit, tax-exempt hospitals and healthcare providers, Memorial Health Services plays a pivotal role in improving the health sector and the lives of those it serves.

    In line with its commitment, Memorial Health Services extends its support by offering essential administrative services to the hospitals and healthcare providers under its wing. These organizations, in turn, focus on delivering high-quality healthcare and carrying out their individual purposes. By providing this support, Memorial Health Services enables these institutions to make a significant impact on their communities.

    Memorial Health Services' unwavering dedication to health and well-being extends beyond its administrative role. Its mission is to foster an environment where healthcare thrives and reaches those in need, ultimately improving the lives of countless individuals and families.

    Impact

    This information is meant to be a general summary of Memorial Health Services. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Memorial Health Services, through its integrated health care delivery system known as the MemorialCare Health System, has a significant impact on improving the health and well-being of individuals, families, and communities. Operating multiple hospitals and outpatient clinics in Orange and Los Angeles counties, MemorialCare hospitals provide vital inpatient and outpatient care to the communities they serve.

    In the year ending June 30, 2022, MemorialCare hospitals operated 1,280 beds, recorded 253,942 patient days, discharged 51,947 patients, performed 25,071 surgical procedures, delivered 9,590 babies, and saw 173,392 emergency department visits. Additionally, Memorial Health Services supports MemorialCare Medical Foundation, which offers comprehensive outpatient clinical services at approximately 40 sites, including primary care, specialty care, ambulatory surgery centers, and joint ventures for dialysis clinics and imaging centers.

    Overall, Memorial Health Services plays a crucial role in providing accessible and quality healthcare services to those in need, contributing to the overall health and well-being of the communities it serves.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $154,157,494
  • Program Service Revenue: $247,657,220
  • Gross Receipts: $909,132,766

    • Assets and Liabilities:
  • Total Assets: $3,483,340,551
  • Total Liabilities: $2,705,437,195
  • Net Assets: $777,903,356
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    HEALTH CARE SUPPORT

    Revenue

    $247,657,220

    Organization Details

    Founding Year

    1937

    Principal Officer

    Karen Testman

    Main Address

    17360 BROOKHURST STREET, FOUNTAIN VALLEY, CA, 92708

    NTEE Category

    Code: E21 - Health

    If you are a representative of Memorial Health Services and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.