EIN 95-1644600

Cedars Sinai

IRS 501(c) type
501(c)(3)
Num. employees
17,592
Year formed
1902
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Cedars-Sinai is a nonprofit academic healthcare organization providing care to the uninsured and underinsured every day through programs in and with schools, clinics, homeless shelters and community centers to elevate the health of the region.
Also known as...
Cedars-Sinai Medical Center
Total revenues
$4,655,895,710
2023
Total expenses
$4,157,965,052
2023
Total assets
$11,195,401,380
2023
Num. employees
17,592
2023

Program areas at Cedars Sinai

Clinical care:at cedars-sinai, everything that was accomplished in 2022-23 supported one overarching goal: fulfilling its deep and abiding commitment to improving the lives of its patients and the health status of the communities it serves. Cedars-Sinai remains steadfast in its efforts to enhance quality of life through nurturing the health of the most vulnerable, eliminating disparities in treatments and patient outcomes, pioneering innovative Medical research, and training new generations of (see schedule o for continuation)(continued)scientists and clinicians. Cedars-Sinai's growth over the past year reflects these institutional values and is grounded in its dedication to its community.in fiscal year 2023, Cedars-Sinai Medical Center reported 298,624 inpatient days and 935,935 outpatient visits. Other volume measures include 45,439 inpatient admissions , and 85,300 emergency department visits. As one of the largest academic Medical centers in the western united states, Cedars-Sinai provides many highly specialized services that are not available at most other hospitals, and which require a significant infrastructure of technology and expert staffing. Cedars-Sinai was named to the honor roll for the eighth consecutive year and tied for #1 in California in u.s. news & world report's "best hospitals 2023-24" rankings-a reflection of its firm commitment to providing the highest-quality care to its patients. The smidt heart institute at Cedars-Sinai is home to one of the largest cardiothoracic transplant surgery programs in California and the nation. The smidt heart institute was also named a mitral valve repair reference Center, a recognition awarded to select u.s. Medical centers with a record of superior clinical outcomes.the Cedars-Sinai geriatric fracture program reduced the length of hospital stays for older adults with bone fractures and evaluated these patients for bone health and fall prevention. The program is helping people remain independent longer and offers a replicable model for other health systems. The Cedars-Sinai comprehensive transplant Center and smidt heart institute teams completed a record 616 solid organ transplants, an 11% increase from last year's high of 556. They also completed their first successful triple transplant-heart, liver and kidney.the guerin family congenital heart program earned accreditation from the adult congenital heart association, signifying an association with better patient outcomes and a clinical team that provides comprehensive expertise for complex congenital heart conditions requiring lifelong care.patients now have 24/7 virtual access to acute, chronic and preventive care experts and can make same-day appointments for primary care visits through a new healthcare app, Cedars-Sinai connect.
Training for physicians and other health professionals:in fiscal year 2023, Cedars-Sinai's net cost of providing these training programs was $106,628,733. Graduate school enrollment in Cedars-Sinai's master's in health delivery science, master's in magnetic resonance in medicine and phd programs continues to grow. Twenty-nine students graduated from these programs in fy23. (see schedule o for continuationcontinuedcedarssinais new diversity, equity and inclusion ambassadors program engaged residents from historically marginalized groups through mentorship, outreach and education. In fy23, more than 100 applicants vied for each available residency spot at cedars-sinai, and Cedars-Sinai interviewed the most diverse group of candidates ever.the women's guild simulation Center for advanced clinical skills celebrated its 10th anniversary. Over the past decade, the Center has helped 150,000 health professionals-and thousands of students-learn new techniques, improve existing practices and heighten team performance. More than 1,000 people train in the Center each month.the innovative diversity, equity and inclusion transition to practice program at Cedars-Sinai supported promising nurses who have experience, but not in an inpatient setting. The program has provided mentorship to more than 30 nurses to date, advancing them to new levels of expertise while also helping to address a national nursing shortage.eighty-four percent of neurosurgery residency applicants in the u.s. Applied for one of two spots available at cedars-sinai, while 502 applicants sought one of its five neurology residency slots.cedars-sinai faculty provided extensive, highly competitive Medical training programs for physicians and health professionals in 88 specialty and subspecialty areas. New programs in pediatrics and neurocritical care were approved by the accreditation council for graduate Medical education (acgme).
Research:in fiscal year 2023, Cedars-Sinai's total cost of research was $136,890,994 , including 386 national institutes of health grants and other grants totaling $180,898,056 . With a five-year $11.2 million national cancer institute grant, Cedars-Sinai cancer investigators intensified their research on how biological differences between men and women affect bladder cancer, (see schedule o for continuation)(continued)with the goal of shaping therapies to improve patient outcomes. Neurosurgeons at Cedars-Sinai identified an immune cell subtype in the retina that is linked to changes caused by alzheimer's disease-and potentially numerous eye disorders.a study by investigators in the Cedars-Sinai department of obstetrics and gynecology found that black and latina patients are significantly less likely than white patients to undergo minimally invasive surgery for uterine fibroids. Further research is ongoing to identify pathways for all women to have equal access to high-quality, evidence-based care.new analyses from the smidt heart institute found that deaths from heart attacks rose during covid-19 surges-most significantly for those who are between 25 and 44 years old-reversing a pre-pandemic trend of declining deaths due to cardiac arrests.a blood test discovered by Cedars-Sinai investigators can now identify pregnant women at risk of developing the life-threatening blood pressure disorder preeclampsia. The test has been approved by the u.s. food and drug administration.

Grants made by Cedars Sinai

GranteeGrant descriptionAmount
Southern California GrantmakersGeneral Support; Capacity Building Grant$1,839,400
Lulu's PlaceYouth Center Development Grant$1,250,000
Nonprofit Finance FundGeneral Support$1,250,000
...and 177 more grants made totalling $20,676,067

Who funds Cedars Sinai

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Jewish Community Foundation of the Jewish Federation Council of Greater LaGeneral Support$18,972,450
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$6,158,956
Johns Hopkins University (JHU)Sub-Award$2,602,773
...and 153 more grants received totalling $47,718,282

Personnel at Cedars Sinai

NameTitleCompensation
Thomas M PriselacPresident and Chief Executive Officer$5,159,849
Jeffrey Smith MmmChief Operating Officer$1,957,088
David M WrigleyExecutive Vice President , Finance and Chief Financial Officer$1,816,687
Marc EdelsteinChief of Staff and Board Member$0
Arthur J. OchoaSenior Vice President , Advancement and Chief Advancement Officer
...and 17 more key personnel

Financials for Cedars Sinai

RevenuesFYE 06/2023
Total grants, contributions, etc.$366,171,602
Program services$4,158,689,728
Investment income and dividends$71,998,709
Tax-exempt bond proceeds$0
Royalty revenue$7,634,007
Net rental income$0
Net gain from sale of non-inventory assets$8,380,583
Net income from fundraising events$-850,095
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$43,871,176
Total revenues$4,655,895,710

Form 990s for Cedars Sinai

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-05-26990View PDF
2019-062021-02-09990View PDF
...and 11 more Form 990s
Data update history
July 14, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 13, 2024
Used new vendors
Identified 2 new vendors, including , and
May 18, 2024
Received grants
Identified 6 new grant, including a grant for $1,012,000 from Jewish Communal Fund
February 4, 2024
Received grants
Identified 72 new grant, including a grant for $18,972,450 from Jewish Community Foundation of the Jewish Federation Council of Greater La
October 25, 2023
Received grants
Identified 15 new grant, including a grant for $535,782 from Emory University
Nonprofit Types
Grantmaking organizationsHospitalsHealth organizationsHeadquarter / parent organizations
Issues
HealthEducationHomelessness
Characteristics
Political advocacyLobbyingFundraising eventsOperates internationallyNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
8700 Beverly Blvd
Los Angeles, CA 90048
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
cedars-sinai.org/home.html 
Phone
(800) 233-2771
Facebook page
CedarsSinai 
Twitter profile
@cedarssinai 
IRS details
EIN
95-1644600
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1902
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E24: Hospital, Specialty
NAICS code, primary
622: Hospitals
Parent/child status
Central organization
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