Health Care La Ipa
90% goes to programs Growing revenue
Health Care La Ipa is a 501(c)(3) organization based in Westlake Vlg, California, registered in 2015, with $837,058,775 in FY2024 revenue. CharityIndex grades it B+, and it directs about 90% of spending to programs.
4195 E Thousand Oaks Blvd Ste 235, Westlake Vlg, CA, 91362 EIN 95-4298276 Since 2015
Revenue (FY2024)
$837.1M
▲ 25.9% vs prior year
Health median: $840K
Expenses (FY2024)
$842.2M
Net assets
$91.8M
Employees
1
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating90% to programs
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 Health Care La Ipa: 90% to programs earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -1% 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 Health Care La Ipa: 1 mo reserves · -1% margin earns a C+ 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 Health Care La Ipa: 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 Health Care La Ipa: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Health care la ipa's (hcla) mission is to provide community-based providers in los angeles county with a managed, integrated healthcare delivery system to serve their communities in an organized, efficient, compassionate and financially responsible manner.
Contact & location
- Address
- 4195 E Thousand Oaks Blvd Ste 235, Westlake Vlg, CA, 91362
- City
- Westlake Vlg
- State
- California
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $270.0M (FY2015) to $837.1M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $248.9MNet assets $91.8M
Operating margin
-0.6%
Spent more than it raised in the latest fiscal year.
Total assets
$340.7M
Total liabilities
$248.9M
Net assets
$91.8M
Salaries & benefits
$413K
0% of expenses
Board members
15
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $837,058,775▲25.9% | $842,182,094▲33.4% | $91,840,996▼3.7% | $340,746,152▲51.6% | 990 |
| 2023 | $665,073,793▲21.8% | $631,180,307▲21.8% | $95,370,258▲55.7% | $224,712,368▲28.1% | 990 |
| 2022 | $545,849,915▲16.4% | $518,098,642▲10.5% | $61,271,654▲81.1% | $175,374,202▲27.8% | 990 |
| 2021 | $468,769,852▲12.5% | $468,683,774▲16.3% | $33,836,947▲0.3% | $137,239,241▲15.5% | 990 |
| 2020 | $416,629,936▲5.8% | $402,936,317▲1.2% | $33,750,869▲68.3% | $118,871,256▲24.7% | 990 |
| 2019 | $393,833,128▲11.8% | $398,258,438▲10.3% | $20,057,250▼18.1% | $95,348,464▼1.1% | 990 |
| 2018 | $352,296,129▲7.3% | $361,000,701▲9.2% | $24,482,560▼26.2% | $96,390,061▼26.9% | 990 |
| 2017 | $328,175,927▲12.8% | $330,573,295▲23.9% | $33,187,132▼6.7% | $131,918,930▼1.2% | 990 |
| 2016 | $290,886,195▲7.7% | $266,707,335▲2.8% | $35,584,500▲212% | $133,573,545▼12.2% | 990 |
| 2015 | $270,006,486 | $259,329,728 | $11,405,640 | $152,078,243 | 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 (FY2024)
Highest-paid: Sabra Matovsky — $394,673 (0.05% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Sabra Matovsky | Chief Executive Officer | 40 | $394,673 |
| Adel Syed | Director | 2 | — |
| Al Ballesteros | Director & Treasurer | 2 | — |
| Alicia Mardini | President | 2 | — |
| Anita Zamora | Director | 2 | — |
| Cesar Vasquez | Director | 2 | — |
| Craig Thompson | Director & Secretary | 2 | — |
| Eloisa Perard | Vice President | 2 | — |
| Erin Pak | Director | 2 | — |
| Jim Mangia | Director | 2 | — |
| Kazue Shibata | Director | 2 | — |
| Kim Wyard | Director | 2 | — |
| Muriel Nouwezem | Director | 2 | — |
| Paula Wilson | Director | 2 | — |
| Richard Veloz | Director | 2 | — |
| Warren Brodine | Director | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Medpoint Management | Administration Services | $78,833,549 |
| Beverly Radiology Medical Group | Radiology | $20,582,901 |
| Los Angeles Cancer Network | Hematology/oncology | $17,798,749 |
| Neurological Institute of Los Angeles | Neurology | $13,300,423 |
| All Care Physical Therapy | Physical Therapy | $9,300,797 |
Grants received · $427K total
4 grants to Health Care La Ipa totaling $427K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| California Community Foundation | Health | 2023 | $50,000 |
| Cedars-sinai Medical Center | Capacity building grant | 2022 | $300,000 |
| California Community Foundation | Health | 2022 | $50,000 |
| California Healthcare Foundation | Health care los angeles, independent physician association: data exchange pilot to support people experiencing homelessness | 2022 | $27,370 |
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Frequently asked questions
- Is Health Care La Ipa a legitimate nonprofit?
- Yes. Health Care La Ipa is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-4298276, based in Westlake Vlg, California. Donations are tax-deductible.
- What is Health Care La Ipa's EIN?
- Health Care La Ipa's Employer Identification Number (EIN) is 95-4298276.
- How much revenue does Health Care La Ipa report?
- Health Care La Ipa reported $837,058,775 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Health Care La Ipa's spending goes to programs?
- Health Care La Ipa spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Health Care La Ipa have?
- CharityIndex grades Health Care La Ipa B+, based on program efficiency and fundraising cost.
- How much does Health Care La Ipa's highest-paid employee make?
- The highest reported compensation on Health Care La Ipa's latest Form 990 is $394,673, paid to Sabra Matovsky (Chief Executive Officer).
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Data for Health Care La Ipa (EIN 95-4298276) 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.