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Memorial Medical Center Foundation

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

EIN: 956105984 ✦ Long beach, CA ✦ Designated as a 501(c)(3)

Overview

What is Memorial Medical Center Foundation?

The Memorial Medical Center Foundation is a nonprofit organization based in Long Beach, California, with a team of nine individuals. Their primary role involves raising funds and providing support for patient programs, clinical research, medical equipment, and capital expansion at hospitals and healthcare facilities operated by Long Beach Memorial Medical Center, a nonprofit public benefit corporation and tax-exempt public charity. The foundation oversees the investment of assets entrusted to them and distributes the funds according to donors' wishes, benefiting an unspecified number of patients, community members, and healthcare professionals. Their activities include managing charitable trusts and gift annuities, and since its establishment over 50 years ago, the community has contributed significantly to their cause.


Official website here: www.memorialcare.org

Is Memorial Medical Center Foundation legitimate?

Memorial Medical Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memorial Medical Center Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,223,848

For more financial information, click here


Official website here: www.memorialcare.org

What is the mission statement of Memorial Medical Center Foundation?

The Memorial Medical Center Foundation is dedicated to raising funds and offering support for various patient programs, clinical research, medical equipment, and capital expansion at non-profit healthcare facilities operated by Long Beach Memorial Medical Center. It functions as a tax-exempt public charity under Section 501(C)(3) of the Internal Revenue Code. The foundation's primary role is to secure different types of donations, manage trusts and endowment funds, and lead fund development programs to benefit Long Beach Memorial Medical Center and its associated hospitals, such as Miller Children's and Women's Hospital, along with their programs, centers, and clinics.


Official website here: www.memorialcare.org

Who is the CEO of Memorial Medical Center Foundation?

Robert Gunsalus is the Board Member of Memorial Medical Center Foundation.


Official website here: www.memorialcare.org

What is the revenue of Memorial Medical Center Foundation?

Memorial Medical Center Foundation's revenue in 2022 was $14,326,786.


Official website here: www.memorialcare.org

Who are the executives of Memorial Medical Center Foundation and what are their salaries?

The average compensation at Memorial Medical Center Foundation during 2022 was $135,983. There are 9 employees and 20 volunteers at Memorial Medical Center Foundation.

Here are 29 key members and their salaries:

    John Bishop (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $1,473,887
  • Other: $432,465

    • Yair Katz (Cfo, Mmcf & Cfo, Lbmmc)
  • Compensation: $0
  • Related: $528,138
  • Other: $106,629

    • Sharon Thornton (President (Thru 7/1/21)) [Trustee/Director]
  • Compensation: $0
  • Related: $447,708
  • Other: $13,852

    • Gary S Muenzel Sr (Executive Director, Finance)
  • Compensation: $0
  • Related: $189,731
  • Other: $27,040

    • Samuel Joseph Proko (Director, Accounting)
  • Compensation: $0
  • Related: $166,415
  • Other: $15,590

    • Cathleen F Wieder (Director, Major Gifts)
  • Compensation: $0
  • Related: $116,488
  • Other: $28,499

    • Kristen Sweetland (Director, Major Gifts)
  • Compensation: $0
  • Related: $110,428
  • Other: $17,839

    • Robert D Gunsalus (President (From 9/30/21)) [Trustee/Director]
  • Compensation: $0
  • Related: $109,856
  • Other: $3,979

    • Kevin Peterson (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Laputz (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynne Pillsbury (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Delong (1St Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Van Arnam (2Nd Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Funari (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Chapman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Gordon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel Brodsky Dds Ms (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Zucchero (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Fielder (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mari Hooper (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Cristina (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandy Wells (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katherine Keesal (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Wells Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter Larkins (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Mehigan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Wang (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Durkee (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Foster (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.memorialcare.org

    Where can I find the form 990 for Memorial Medical Center Foundation?

    The Memorial Medical Center Foundation’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 Medical Center Foundation

    Memorial Medical Center Foundation, a nonprofit public benefit corporation and tax-exempt public charity under Section 501(C)(3) of the Internal Revenue Code, is dedicated to raising funds and providing support for various programs, clinical research, medical equipment, and capital expansion at the hospitals and healthcare facilities operated by Long Beach Memorial Medical Center. The Foundation's primary goal is to cultivate and secure different types of gifts, grants, bequests, and administer trust and endowment funds, as well as manage fund development programs for Long Beach Memorial Medical Center and its affiliated institutions, including Long Beach Memorial Medical Center, Miller Children's and Women's Hospital, and their programs, centers, and clinics. By securing financial resources, the Foundation ensures the continued availability of essential medical services and cutting-edge healthcare solutions for the communities it serves.

    Impact

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




    Thursday, August 15, 2024

    The Memorial Medical Center Foundation has had a significant impact over the past 50 years by raising funds to support patient programs, clinical research, medical equipment, and capital expansion at Long Beach Memorial Medical Center and its affiliated healthcare facilities. The Foundation has received philanthropic gifts, grants, and bequests from thousands of community members, totaling millions of dollars. This support has benefited countless patients, community members, and healthcare professionals by funding initiatives such as medical education, community health care education, critical clinical equipment, and construction and renovation projects.

    Additionally, the Foundation has provided support for programs like the Miller Children's & Women's Hospital Long Beach, the Leavy Radiation Oncology Center, Todd Cancer Institute, the Memorial Heart and Vascular Institute, and more. Through their work, the Foundation has helped advance healthcare services, education, and research in the Long Beach area, making a lasting impact on the community's well-being.





    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: $11,090,768
  • Program Service Revenue: $0
  • Gross Receipts: $59,880,163

    • Assets and Liabilities:
  • Total Assets: $251,549,867
  • Total Liabilities: $15,331,824
  • Net Assets: $236,218,043
  • Organization Details

    Founding Year

    1964

    Principal Officer

    Robert Gunsalus

    Main Address

    2801 ATLANTIC AVENUE, LONG BEACH, CA, 90806

    NTEE Category

    Code: E99 - Health

    If you are a representative of Memorial Medical Center Foundation 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.