Cedars-sinai Marina Hospital
88% goes to programs $0 to raise $100 Growing revenue
Cedars-sinai Marina Hospital is a 501(c)(3) organization based in Marina Dl Rey, California, registered in 2016, with $171,483,883 in FY2023 revenue. CharityIndex grades it B+, and it directs about 88% of spending to programs.
4650 Lincoln Blvd, Marina Dl Rey, CA, 90292 EIN 20-1645949 Since 2016
Revenue (FY2023)
$171.5M
▲ 8.9% vs prior year
Health median: $840K
Expenses (FY2023)
$186.1M
Net assets
$58.3M
Employees
1,047
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
B+Program efficiency40% of the rating88% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Cedars-sinai Marina Hospital: 88% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating4 mo reserves · -9% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Cedars-sinai Marina Hospital: 4 mo reserves · -9% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Cedars-sinai Marina Hospital: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cedars-sinai Marina Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide compassionate, high quality healthcare.
Contact & location
- Address
- 4650 Lincoln Blvd, Marina Dl Rey, CA, 90292
- City
- Marina Dl Rey
- State
- California
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $95.3M (FY2016) to $171.5M (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $112.4MNet assets $58.3M
Operating margin
-8.5%
Spent more than it raised in the latest fiscal year.
Total assets
$170.7M
Total liabilities
$112.4M
Net assets
$58.3M
Salaries & benefits
$104.2M
56% of expenses
Board members
6
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $171,483,883▲8.9% | $186,108,191▲8.5% | $58,269,346▼9.8% | $170,679,238▼6.1% | 990 |
| 2022 | $157,468,284▲4.3% | $171,480,514▲1.8% | $64,583,016▼10.5% | $181,744,263▼1.9% | 990 |
| 2021 | $150,950,238▲7.9% | $168,438,628▲9.9% | $72,197,766▲5.2% | $185,230,389▲11.4% | 990 |
| 2020 | $139,933,345▲2.8% | $153,207,680▲12.9% | $68,611,046▼2.5% | $166,247,571▲12.4% | 990 |
| 2019 | $136,116,103▼27.1% | $135,734,258▲12.2% | $70,367,916▲0.5% | $147,959,387▲14.9% | 990 |
| 2018 | $186,672,127▲70.7% | $121,017,783▲8.7% | $69,986,071▲423% | $128,759,169▲79.8% | 990 |
| 2017 | $109,325,916▲14.7% | $111,323,936▲4.4% | $13,371,727▼13.0% | $71,606,899▲2.2% | 990 |
| 2016 | $95,301,104 | $106,631,934 | $15,369,747 | $70,051,453 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Joanne Laguna-kennedy — $706,776 (0.38% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Joanne Laguna-kennedy | Chief Operating Officer | 50 | $706,776 |
| Steven Krems Md | Chief Medical Officer | 28 | $504,403 |
| Nolly Dave | Cfo/treasurer | 50 | $408,310 |
| Shabnam Nicks | Exec Director-clinical Services | 40 | $381,231 |
| Courtnay E Caufield | Chief Nursing Officer | 40 | $367,099 |
| Lauren Elkins | Exec Director-support Services | 40 | $326,121 |
| David J Watkins | Director-emergency Dept | 40 | $321,288 |
| Bryan Croft | Chief Executive Officer | 2 | — |
| David M Wrigley | Secretary | 2 | — |
| James M Lippman | Board Member | 2 | — |
| Jeffrey Smith Md Jd Mmm | Former Officer | 0 | — |
| Keith Yabumoto Md | Board Member | 2 | — |
| Leslie Vermut | Board Member | 2 | — |
| Mohamed Mike Ahmar | Board Member | 2 | — |
| Richard B Jacobs | Secretary | 2 | — |
| Sameer Malhotra Md | Board Member | 2 | — |
| Soniya Gandhi Md | Former Highest Compensated | 0 | — |
| Thomas J Leanse Esq | Board Member | 2 | — |
| Thomas J Wafer Jr | Board Member | 2 | — |
| Thomas M Priselac | President/chair | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Aya Healthcare Inc | Contract Labor Hospital Staff | $12,085,574 |
| Medical Staffing Network | Contract Labor Hospital Staff | $2,279,574 |
| Dva Renal Healthcare Inc | Hemodialysis Services | $694,734 |
| Medygate | Biomedical Engineering Service | $393,710 |
| Apspirion | Revenue Cycle Management Svcs | $336,038 |
Grants received · $7.3M total
6 grants to Cedars-sinai Marina Hospital totaling $7.3M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Public Health Institute | Technical assistance | 2024 | $12,500 |
| Public Health Institute | Technical assistance | 2023 | $72,500 |
| Public Health Institute | Technical assistance | 2022 | $85,000 |
| California Health Foundation and Trust | Provides uncompensated patient care, patient safety capital needs and emergency services capital needs | 2016 | $1,564,138 |
| California Health Foundation and Trust | Support uncompensated patient care/patient safety capital needs | 2015 | $1,667,389 |
| California Health Foundation and Trust | Provides uncompensated patient care, patient safety capital needs and emergency services capital needs. | 2014 | $3,857,731 |
Grants made · $175K in FY2023
3 grants totaling $175K in FY2023. All grants made by Cedars-sinai Marina Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Airport Marina Counseling Service | Homelessness mental health program grant | $75,000 |
| St Joseph Center | Bread and roses food assistance program grant | $75,000 |
| Mar Vista Family Center | Preschool nutrition program grant | $25,000 |
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Compare Cedars-sinai Marina Hospital
Frequently asked questions
- Is Cedars-sinai Marina Hospital a legitimate nonprofit?
- Yes. Cedars-sinai Marina Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-1645949, based in Marina Dl Rey, California. Donations are tax-deductible.
- What is Cedars-sinai Marina Hospital's EIN?
- Cedars-sinai Marina Hospital's Employer Identification Number (EIN) is 20-1645949.
- How much revenue does Cedars-sinai Marina Hospital report?
- Cedars-sinai Marina Hospital reported $171,483,883 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Cedars-sinai Marina Hospital's spending goes to programs?
- Cedars-sinai Marina Hospital spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Cedars-sinai Marina Hospital have?
- CharityIndex grades Cedars-sinai Marina Hospital B+, based on program efficiency and fundraising cost.
- How much does Cedars-sinai Marina Hospital's highest-paid employee make?
- The highest reported compensation on Cedars-sinai Marina Hospital's latest Form 990 is $706,776, paid to Joanne Laguna-kennedy (Chief Operating Officer).
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Data for Cedars-sinai Marina Hospital (EIN 20-1645949) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.