NonprofitsTorrance Memorial Medical Center

Health Care

Torrance Memorial Medical Center

TORRANCE, CA

Total revenue

$932.7M

Total expenses

$887.0M

Net assets

$813.4M

Grants received

$100.4M

45 grants

EIN

951644042

Tax year

2023

Mission

See schedule o.

Financials

FY 2023

Revenue

Contributions & grants$58.9M
Program service revenue$855.7M
Investment income$13.7M
Other revenue$4.4M
Total revenue$932.7M

Expenses

Grants paid$158K
Salaries & benefits$489.9M
Fundraising$1.8M
Other expenses$396.9M
Total expenses$887.0M
Total assets$1.4B
Net assets$813.4M

People

26 listed

NameRoleCompensation

Craig D Leach

PRESIDENT/CEO (PART YEAR)/TREASURER

Board

20 hrs/wk

Eric Milefchik

Vice Chairman

Board

1 hrs/wk

Greg Geiger

Chairman

Board

1 hrs/wk

Keith Hobbs

EXECUTIVE VP (PART YEAR)/PRESIDENT/CEO

Board

20 hrs/wk

Sherry Kramer

Secretary

Board

1 hrs/wk

William Collier Esq

Treasurer (part year)

Board

1 hrs/wk

Donna Duperron

Board Member

Board

1 hrs/wk

Joe Hohm

Board Member

Board

1 hrs/wk

Kate Crane

Board Member

Board

1 hrs/wk

Rashaan Ali-Jones

Board Member

Board

1 hrs/wk

Susan Welch

Board Member

Board

1 hrs/wk

Tracy Underwood

Board Member

Board

1 hrs/wk

Victoria Shin

Board Member

Board

1 hrs/wk

Zachary Gray

VP MED AFFAIRS/SR VP CHIEF MEDICAL OFFICER/BOARD MEMBER (PART YEAR)

Board

40 hrs/wk

William Larson

Sr VP Finance/Chief Finance Officer

Board

20 hrs/wk

Bernadette Reid

SR VP INFORMATION TECHNOLOGY

Staff

20 hrs/wk

Derek Berz

SR VP CHIEF ADMINISTRATIVE OFFICER

Staff

40 hrs/wk

Heather Shay

VP ACCRED & QUALITY SERVICES

Staff

40 hrs/wk

John McNamara

SR VP - CHIEF MEDICAL OFFICER

Staff

8.3 hrs/wk

Mary Wright

SR VP CHIEF NURSING SERVICES

Staff

40 hrs/wk

Shanna Hall

VP NURSING SERVICES

Staff

40 hrs/wk

Gina Sulmeyer

Executive Director of Medical Informatics

Staff

40 hrs/wk

Ingrid Cobb

VP HUMAN RESOURCES

Staff

40 hrs/wk

Laura Jimenez-Aguirre

Unit Lead RN

Staff

40 hrs/wk

Laura Schenasi

EXEC VP TMMC FOUNDATION

Staff

40 hrs/wk

Linda Dobie

VP LEGAL AFFAIRS

Staff

40 hrs/wk

Independent contractors

CERNER CORPORATION

IT SERVICES

$9.9M

SODEXO INC AND AFFILIATES

FOOD SERVICES

$4.6M

MAYO COLLABORATIVE SERVICES

MED PURCHASED SVCS

$2.8M

PHILIPS HEALTHCARE

MED PURCHASED SVCS

$2.4M

SPECIALTYCARE CARDIOVASCULAR RESOURCES INC

MED PURCHASED SERVICES

$2.2M

Grants received

Showing 45 of 45

FromAmountPurposeYear
$70K
Research
2024
$60K
Technical Assistance
2024
$8K
General Support
2024
$85K
Technical Assistance
2023
$20K
General Support
2023
$400K
Purchase critical care equipment for ICU and cardiology. A lung cancer orchestrator, and an ultrasound machine for ICU.
2022
$85K
MEDICAL/HUMANITARIAN
2022
$12K
General Support
2022
$10K
GRAZIADIO RADIOLOGY CENTER - DONATIONS IN MEMORY OF LOUIS GRAZIADIO
2022
$10K
GENERAL SUPPORT
2021
$10K
For recipient's exempt purpose
2021
$7K
CHOLESTEROL INITIATIVE
2021
$96K
MEDICAL/HUMANITARIAN
2020
$14K
CHOLESTEROL MANAGEMENT
2020
$10K
GENERAL SUPPORT
2020
$350
General & Unrestricted
2020
$35K
For grant recipient's exempt purposes
2019
$63K
For grant recipient's exempt purposes
2018
$13K
MEDICAL/HUMANITARIAN
2018
$2K
CHARITABLE
2018
$30K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$100.4M from 19 funders · 45 grants · 2017–2024

Torrance Memorial Medical Center

$958K · 5 grants · 2018–2023

Kennedy Health Services Corporation

$550K · 1 grant · 2022

Henry L Guenther Foundation

$400K · 1 grant · 2022

Public Health Institute

$215K · 3 grants · 2023–2024

Francis P Torino Foundation

$194K · 3 grants · 2018–2022

Fidelity Investments Charitable Gift Fund

$128K · 3 grants · 2017–2019

California Community Foundation

$100K · 1 grant · 2023

Details

EIN951644042
NTEE codeE220
Subsection03
Ruling date1950-04
Formed1925
Employees4576
Volunteers885
TORRANCE MEMORIAL MEDICAL CENTER — Mission, Financials & Grants Received | Grantivo