Public Charity

VERITY BUSINESS SERVICES

VERITY BUSINESS SERVICES is a private foundation categorized as Public Charity based in WOODLAND HILLS, CA. Its most recent IRS filing (2021) reports revenue of $2.3M, expenses of $3.2M. Imperigo tracks 2 reported grants from this foundation totaling approximately $492K.

EIN: 510659139 WOODLAND HILLS, CA General Support NTEE: DEFAULT Latest filing: 2021
Total Revenue$2.3M
Total Expenses$3.2M
Grants Given2
Grant Total$492K
Filing Years2017–2021

Mission

(CONTINUED FROM PART III)VERITY BUSINESS SERVICES ("VBS") IS ORGANIZED TO SUPPORT THE PURPOSES OF VERITY HEALTH SYSTEM OF CALIFORNIA, INC. ("VHS") BY (I) ARRANGING FOR THE PROVISION OF HEALTHCARE SERVICES, INCLUDING THE OPERATION AND MAINTENANCE OF AMBULATORY CARE CLINICS AND RELATED FACILITIES, (II) PROMOTING RESEARCH RELATED TO HEALTHCARE SERVICES, (III) PROVIDING HEALTHCARE SERVICES TO ALL PERSONS WITHOUT REGARD TO THEIR ABILITY TO PAY, (IV) PROMOTING THE GENERAL HEALTH OF THE COMMUNITIES SERVED BY VHS AND ITS AFFILIATED HEALTHCARE FACILITIES AND (V) PROVIDING FINANCIAL AND OTHER FORMS OF ASSISTANCE FOR THE BENEFIT OF OTHER HEALTHCARE FACILITIES AFFILIATED WITH VHS.THE ENTITY IS IN THE PROCESS OF WINDING DOWN FOR EVENTUAL DISSOLUTION.

Officers & Directors

PAYROLL MANAGER (THRU 8/2020) Amanda Brown
BOARD MEMBER (THRU 4/2021) Andrew Pines
BOARD MEMBER (THRU 8/2020) Anthony Armada
LIQUIDATING TRUSTEE (BEG 9/2020) Howard Grobstein
BOARD MEMBER (THRU 4/2021) Jack Krouskup
BUSINESS MANAGER (THRU 9/2020) Pamela Mcgovern

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$492,253 2 grants

Financial Trends

Year Revenue Expenses Assets
2021 $2.3M $3.2M
2020 $28.3M $28.6M $86.2M
2019 $40.0M $40.2M $58.3M
2018 $36.3M $36.3M $28.3M
2017 $13.2M $13.2M $14.2M

Between 2017 and 2021, reported annual revenue declined from $13.2M to $2.3M (-83%).

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA.

CA

Full geographic grant map with state-by-state breakdown available with membership.

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