Public Charity

VERITY HEALTH SYSTEM OF CALIFORNIA INC

VERITY HEALTH SYSTEM OF CALIFORNIA INC is a nonprofit organization categorized as Public Charity based in WOODLAND HILLS, CA. Its most recent IRS filing (2021) reports revenue of $34.5M, expenses of $21.8M, total assets of $49.6M. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $94.9M.

EIN: 912145484 WOODLAND HILLS, CA Latest filing: 2021
Total Revenue$34.5M
Total Expenses$21.8M
Total Assets$49.6M
Grant Records7
Funding Total$94.9M
Filing Years2018–2021

Mission

VERITY HEALTH SYSTEM OF CALIFORNIA, INC. ("VHS") IS ORGANIZED AND OPERATED TO SUPPORT ITS AFFILIATED HEALTHCARE FACILITIES BY (I) MAINTAINING ACUTE CARE HOSPITALS, MEDICAL CLINICS, MEDICALFOUNDATIONS AND RELATED FACILITIES AND (CONTINUED ON SCHEDULE O)(CONTINUED FROM PART III)ENTERPRISES. (II) PROMOTING SCIENTIFIC RESEARCH RELATED TO HEALTHCARE SERVICES, (III) MAINTAINING HEALTHCARE ENTERPRISES USING SYSTEMS DESIGNED TO MAXIMIZE BENEFITS TO THE COMMUNITIES SERVED, (IV) PROMOTING THE GENERAL HEALTH OF THE COMMUNITIES SERVED BY VERITY AND ITS AFFILIATED HEALTHCARE FACILITIES, AND (V) PROVIDING FINANCIAL AND OTHER FORMS OF ASSISTANCE FOR THE BENEFIT OF ITS AFFILIATED HEALTHCARE FACILITIES AND THE COMMUNITIES THEY SERVE.

Where $100 goes at Verity Health System of California Inc

How Verity Health System of California Inc divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$63 Programs the work itself
$37 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $63 for programs

$63
The entity is in the process of winding down for eventual dissolution
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2021. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VICE CHAIRMAN (THRU 4/2021) Andrew Pines
OPERATING OFFICER (THRU 8/2020) Anthony Armada - Chief
APPLICATIONS (THRU 9/2020) Brenda L Buchas - Sr Director
BOARD MEMBER (THRU 9/2020) Charles Patton
BOARD MEMBER (THRU 9/2020) Christobel Selecky
HOSPITAL OPERATIONS (THRU 8/2020) Eleanor Ramirez - Chief

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$94,884,673 7 grants

Financial Trends

Year Revenue Expenses Assets
2021 $34.5M $21.8M $49.6M
2020 $185.8M $172.3M $1.1B
2019 $191.6M $230.0M $1.1B
2018 $189.8M $242.6M $942.9M

Between 2018 and 2021, reported annual revenue declined from $189.8M to $34.5M (-82%), with total assets most recently reported at $49.6M.

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

See the full picture for VERITY HEALTH SYSTEM OF CALIFORNIA INC

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