MMC was a general hospital based in Sacramento, CA that was founded in 1947. As of 2017 they had $771 million in revenue and $459 million in assets.
Memorial Medical Center (MMC) is a 423-bed, not-for-profit health care organization with a mission to maintain and improve the health status of citizens in greater Stanislaus County.
Sutter Central Valley Hospitals (MMC) makes grants to other organizations, such as $124,581 to Valley Consortium for Medical Education (VCME) for "General Support"; and $25,000 to Dentist Organized for Veterans for "General Support".
Previous legal names or variations of their name include: Sutter Tracy Community Hospital; Memorial Hospital Los Banos; and Memorial Medical Center.
Sutter Central Valley Hospitals (MMC) appears to no longer be active. It has probably been dissolved or terminated.
EIN:
94-1080917
City:
State:
Website:
Phone:
209-526-4500
Facebook:
Founded:
1947
Type:
501(c)(3)
NTEE:
Revenue:
$771,942,583
Assets:
$459,233,145
Employees:
3,660
Fiscal year end:
May
Form 990s for MMC
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2017-05 | May 14, 2018 | 990 | View PDF |
| 2016-12 | Dec 15, 2017 | 990 | View PDF |
| 2015-12 | Feb 28, 2017 | 990 | View PDF |
| 2014-12 | Feb 5, 2016 | 990 | View PDF |
| 2013-12 | Dec 3, 2014 | 990 | View PDF |
| ...and four more Form 990 PDFs |
Financials for MMC
| Field | 2016 | 2015 | % Change |
|---|
| Federated campaigns | $0 | $0 | |
| Membership dues | $0 | $0 | |
| Fundraising event contributions | $0 | $84,918 | -100% |
| Related organizations | $174,812 | $983,034 | -82.2% |
| Government grants (contributions) | $0 | $0 | |
| Normal grants, contributions, etc. | $13,851 | $35,709 | -61.2% |
| <em>Non-cash contributions included in above</em> | $0 | $0 | |
| Total grants, contributions, etc. | $1,078,144 | $1,103,661 | -2.3% |
| Field | 2016 | 2015 | % Change |
|---|
| Total grants, contributions, etc. | $1,078,144 | $1,103,661 | -2.3% |
| Program services | $769,848,965 | $733,073,012 | 5.0% |
| Investment income and dividends | $535,830 | $469,757 | 14.1% |
| Tax-exempt bond proceeds | $0 | $0 | |
| Royalty revenue | $0 | $0 | |
| Net rental income | $211,801 | $374,018 | -43.4% |
| Net gain from sale of non-inventory assets | $169,078 | $-57,627 | 393.4% |
| Net income from fundraising events | $0 | $243 | -100% |
| Net income from gaming activities | $5,005 | $3,430 | 45.9% |
| Net income from sales of inventory | $0 | $0 | |
| Miscellaneous revenues | $115,695 | $0 | 999% |
| Total revenues | $771,942,583 | $734,966,494 | 5.0% |
| Field | 2016 | 2015 | % Change |
|---|
| Grants to govts. and orgs. in USA | $1,213,473 | $1,434,430 | -15.4% |
| Grants to individuals in USA | $0 | $250 | -100% |
| Grants to govts., orgs., and individuals outside USA | $0 | $0 | |
| Benefits paid to or for members | $0 | $0 | |
| Compensation of current officers, etc. | $3,345,046 | $5,256,657 | -36.4% |
| Compensation not included above, to disqualified persons | $0 | $0 | |
| Non-officer salaries and wages | $212,675,533 | $209,807,096 | 1.4% |
| Pension/retirement accruals and contributions | $19,464,846 | $15,689,006 | 24.1% |
| Other employee benefits | $76,785,952 | $80,988,836 | -5.2% |
| Payroll taxes | $17,996,315 | $17,173,833 | 4.8% |
| Management fees | $1,103,297 | $1,801,011 | -38.7% |
| Legal fees | $583,700 | $1,505,330 | -61.2% |
| Accounting fees | $38,909 | $45,433 | -14.4% |
| Lobbying fees | $0 | $0 | |
| Pro. fundraising fees | $0 | $0 | |
| Investment mgmt fees | $165,103 | $142,044 | 16.2% |
| Other fee-for-service | $45,358,059 | $39,640,845 | 14.4% |
| Advertising and promotion | $515,912 | $479,262 | 7.6% |
| Office expenses | $6,359,026 | $8,670,361 | -26.7% |
| Information tech. expenses | $28,697,189 | $29,156,021 | -1.6% |
| Royalty expenses | $0 | $0 | |
| Occupancy | $10,315,833 | $8,842,319 | 16.7% |
| Travel | $301,616 | $443,341 | -32.0% |
| Public official travel and entertainment | $0 | $0 | |
| Conferences, meetings, etc. | $346,263 | $359,486 | -3.7% |
| Interest | $5,451,037 | $7,154,091 | -23.8% |
| Payments to affiliates | $0 | $0 | |
| Depreciation, amortization, etc. | $35,681,420 | $37,158,597 | -4.0% |
| Insurance | $6,171,015 | $4,893,134 | 26.1% |
| All other expenses | $231,957,137 | $220,367,727 | 5.3% |
| Total expenses | $704,526,681 | $691,009,110 | 2.0% |
| Field | 2016 | 2015 | % Change |
|---|
| Cash (non-interest-bearing) | $0 | $0 | |
| Savings, short-term investments, etc. | $3,166,420 | $7,940,751 | -60.1% |
| Pledges and grants receivable | $0 | $0 | |
| Accounts receivable | $88,294,242 | $85,319,583 | 3.5% |
| Loans receivable from officers, directors, etc. | $0 | $0 | |
| Loans receivable from other disqualified persons | $0 | $0 | |
| Notes and loans receivable | $2,012,246 | $2,560,690 | -21.4% |
| Inventories for use | $8,477,149 | $9,602,666 | -11.7% |
| Prepaid expenses and deferred charges | $2,711,440 | $3,188,112 | -15.0% |
| Buildings, equipment, etc. post-depreciation | $264,981,977 | $273,220,365 | -3.0% |
| Investments, publicly traded securities | $25,079,900 | $12,356,129 | 103.0% |
| Investments, other securities | $0 | $0 | |
| Investments, program-related | $0 | $0 | |
| Intangible assets | $0 | $0 | |
| Other assets | $64,509,771 | $41,142,827 | 56.8% |
| Total assets | $459,233,145 | $435,331,123 | 5.5% |
| Field | 2016 | 2015 | % Change |
|---|
| Accounts payable and accrued expenses | $116,310,129 | $86,209,080 | 34.9% |
| Grants payable | $0 | $0 | |
| Deferred revenue | $0 | $0 | |
| Tax-exempt bond liabilities | $160,707,087 | $152,124,859 | 5.6% |
| Escrow or custodial account liability | $0 | $0 | |
| Loans payable to officers and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $0 | $0 | |
| Unsecured notes and loans payable to unrelated third parties | $0 | $0 | |
| Other liabilities | $2,445,061 | $3,781,031 | -35.3% |
| Total liabilities | $279,462,277 | $242,114,970 | 15.4% |
| Field | 2016 | 2015 | % Change |
|---|
| Unrestricted net assets | $179,325,218 | $192,875,595 | -7.0% |
| Temporarily restricted net assets | $445,650 | $340,558 | 30.9% |
| Permanently restricted net assets | $0 | $0 | |
Vendors for MMC
| Vendor | Services | Amount paid | Date |
|---|
| Ernst and Young Us LLP | Tax accounting | | 2018-04-23 |
| ████████ ███████ ████████ | Laundry Services | $501,075 | 2017-05-01 |
| ███ █████ ██████████ ███ | Medical Services | $441,802 | 2017-05-01 |
| █████ ████████████ | Construction Services | $548,527 | 2017-05-01 |
| ████████ ██████ ████████ | Security Services | $530,843 | 2017-05-01 |
| ██ ███████ ███ ████ ███ | Construction Services | $497,208 | 2017-05-01 |
| ████ ████ █████████ ███████ ██ ███████ | Insurance | | 2016-12-31 |
| ███████ █████████ ████████ ███ | Insurance agent or broker | $4,273 | 2016-12-31 |
| ...and one more vendors |
Personnel at MMC
| Name | Title | Compensation | Most recent data |
|---|
| Paige Terra | Chief Financial Officer Valley Area | $0 | April 23, 2018 |
| David P Benn | Former Regional President , CV / Reg President , CV | $0 | May 31, 2017 |
| ██████ ██████ | Chair F and P and Trustee | $0 | May 31, 2017 |
| ███████ ██████ | Chair and Trustee | $0 | May 31, 2017 |
| █████ ████████ | President , SH Valley Area / Reg President , CV | $0 | May 31, 2017 |
| █████ ███████ | President and Chief Executive Officer Sutter Health | $0 | May 31, 2017 |
| █████ ████████ | Chief Legal Officer , Va and Sec. / Vice President and Reg Counsel , CV | $0 | May 31, 2017 |
| ███ ████ | Past Chief Financial Officer , CV Region | $0 | Dec. 31, 2015 |
| ████ ███████ | Vice President and Reg Counsel , CV | $0 | Dec. 31, 2015 |
| ████ ██████ | Chair F and P and Trustee | $0 | Dec. 31, 2015 |
| ...and three more key personnel |
Peer general hospitals
| | Name | Type | Revenue | Location |
|---|
| 1 | Sutter Medical Center Castro Valley | 501(c)(3) | $341 million | Sacramento, CA |
| 2 | Pomona Valley Hospital Medical Center (PVHMC) | 501(c)(3) | $659 million | Pomona, CA |
| 3 | St Francis Medical Center (SFMC) | 501(c)(3) | $602 million | Lynwood, CA |
| 4 | Rideout Health | 501(c)(3) | $216 million | Yuba City, CA |
| 5 | Sharp Chula Vista Medical Center | 501(c)(3) | $421 million | San Diego, CA |
| 6 | Memorial Health Services Group Return | 501(c)(3) | $2.3 billion | Fountain Valley, CA |
| 7 | Adventist Health Bakersfield | 501(c)(3) | $411 million | Bakersfield, CA |
| 8 | Dignity Health Saint Francis Memorial Hospital (SFMH) | 501(c)(3) | $251 million | San Francisco, CA |
| 9 | St Mary Medical Center (SMMC) | 501(c)(3) | $359 million | Apple Valley, CA |
| 10 | Sutter East Bay Hospitals | 501(c)(3) | $229 million | Sacramento, CA |
| 11 | Henry Mayo Newhall Hospital | 501(c)(3) | $384 million | Valencia, CA |
| 12 | Adventist Health St Helena | 501(c)(3) | $249 million | St Helena, CA |
| 13 | Mission Hospital Regional Medical Center | 501(c)(3) | $721 million | Mission Viejo, CA |
| 14 | Pih Health Hospital - Whittier (PIH) | 501(c)(3) | $608 million | Whittier, CA |
| 15 | Mills Peninsula Health Services | 501(c)(3) | $659 million | Sacramento, CA |
| 16 | St Jude Medical Center | 501(c)(3) | $627 million | Fullerton, CA |
| 17 | John Muir Health | 501(c)(3) | $1.6 billion | Walnut Creek, CA |
| 18 | Adventist Health Lodi Memorial | 501(c)(3) | $244 million | Lodi, CA |
| 19 | Barton Health | 501(c)(3) | $194 million | South Lake Tahoe, CA |
| 20 | Adventist Health Ukiah Valley (UVMC) | 501(c)(3) | $202 million | Ukiah, CA |
| 21 | Santa Barbara Cottage Hospital (CH) | 501(c)(3) | $845 million | Santa Barbara, CA |
| 22 | Sutter Valley Hospitals | 501(c)(3) | $3.4 billion | Sacramento, CA |
| 23 | Marshall Medical Center | 501(c)(3) | $271 million | Placerville, CA |
| 24 | Seventh-Day Adventists Loma Linda University Medical Center | 501(c)(3) | $1.3 billion | Loma Linda, CA |
| 25 | Geisinger Community Medical Center | 501(c)(3) | $314 million | Danville, PA |