2025-05-15T15:51:29+00:00 2024-06-30 346565596 ERNST & YOUNG US LLP 18101 VON KARMAN AVENUE IRVINE CA 92612 990 2023-07-01 953528452 Torrance Memorial Medical Center Health Care Foundation TORR 3105174688 3330 LOMITA BLVD TORRANCE CA 90505 MARK LURIE MD PRESIDENT 3105174688 2025-05-15 true true Kara Adams P00023315 9497942300 2025-05-13 2023 2025-03-06 01:10:19Z MARK LURIE MD 3330 LOMITA BLVD TORRANCE CA 90505 67287194 false X TORRANCEMEMORIALFOUNDATION.ORG X 1980 CA TO RAISE FUNDS FOR TORRANCE MEMORIAL MEDICAL CENTER. 29 27 0 212 0 0 18812574 34967143 0 0 790132 2451228 0 0 19602706 37418371 16400000 20000000 0 0 0 0 0 0 781251 904374 987543 17304374 20987543 2298332 16430828 120986685 139873871 997519 1002300 119989166 138871571 TO RAISE FUNDS FOR TORRANCE MEMORIAL MEDICAL CENTER. false false 20000000 20000000 0 ALL EXPENSES ARE RELATED TO THE ACTIVITIES OF SOLICITATION OF FUNDS AND RECEIVING CONTRIBUTIONS IN SUPPORT OF TORRANCE MEMORIAL MEDICAL CENTER. 20000000 true true false false false false false false true false false false true false true false true false false false false false false true false false true false true false false false false false false false false true false false false false true true true false false true 9 0 true 0 false false false false false true true false false false false false false false X 29 27 false false false false true true false true true false false true true true true false false false false false CA X CARI CARVER CONTROLLER 3103259110 3330 LOMITA BOULEVARD TORRANCE CA 90505 Greg Geiger TREASURER 7.0 2.0 X X 0 0 0 Heidi Hoffman SECRETARY 1.0 0 X X 0 0 0 Joseph Hohm CPA JD OFFICER 1.0 0 X X 0 0 0 Mark Lurie PRESIDENT 1.0 0.0 X X 0 54000 0 Michael Zislis OFFICER 1.0 0 X X 0 0 0 Patrick Theodora OFFICER 1.0 0 X X 0 0 0 Phil Pavesi VICE PRESIDENT 1.0 0 X X 0 0 0 Alan Goldstein Board Member 1.0 0 X 0 0 0 Ann Zimmerman Board Member 1.0 0 X 0 0 0 Christy Abraham Board Member 1.0 0 X 0 0 0 Connie Lai ESQ Board Member 1.0 0 X 0 0 0 Craig D Leach BOARD MEMBER (SEE SCH J, PART III) 1.0 42.0 X 0 1605909 61192 Eric Nakkim Board Member 1.0 0 X 0 0 0 Gina Kirkpatrick Board Member 1.0 0 X 0 0 0 Harv Daniels Board Member 1.0 0 X 0 0 0 Janice Tecimer Board Member 1.0 0 X 0 0 0 John G Baker Board Member 1.0 0 X 0 0 0 Laurie McCarthy Board Member 1.0 0 X 0 0 0 Michael Rouse Board Member (part year) 1.0 0 X 0 0 0 Nadine Bobit Board Member 1.0 0 X 0 0 0 Patricia Sacks Board Member 1.0 0 X 0 0 0 Paul G Giuliano Board Member 1.0 0 X 0 0 0 Richard E Lucy Board Member 1.0 0 X 0 0 0 Richard Rounsavelle DDS Board Member (part year) 1.0 0 X 0 0 0 Rick Higgins Board Member 1.0 0 X 0 0 0 Robert A Young Board Member 1.0 0 X 0 0 0 Russell Varon Board Member (part year) 1.0 0 X 0 0 0 Sam Sheth Board Member 1.0 0 X 0 0 0 Song Cho Klein Board Member 1.0 0 X 0 0 0 Steven Spierer Board Member (part year) 1.0 0 X 0 0 0 Thyra Endicott Board Member 1.0 0 X 0 0 0 Tom O'Hern Board Member 1.0 0 X 0 0 0 W David Mckinnie III Board Member 1.0 0 X 0 0 0 0 1659909 61192 0 false true false VINCENT RIOS CREATIVE INC 4461 PACIFIC COAST HWY C204 Torrance CA 90505 PHOTOGRAPHY 281464 CHOURA EVENTS 540 HAWAII AVE TORRANCE CA 90503 CATERING 249083 FOOD FETISH INC 10650 BURBANK BLVD NORTH HOLLYWOOD CA 91601 CATERING 227811 3 1062409 33904734 266614 34967143 0 0 0 0 0 1378978 1378978 0 0 29915350 28843100 1072250 0 1072250 1072250 1025723 1062409 1025723 0 0 0 0 0 0 0 37418371 0 0 2451228 20000000 20000000 422266 0 0 422266 47254 0 47254 0 0 0 0 0 297365 0 44605 252760 100437 0 15066 85371 99367 0 99367 0 SALES TAX EXPENSE 20854 0 0 20854 0 0 0 0 20987543 20000000 206292 781251 3324955 4235997 8534537 10137159 75442049 85704144 0 0 0 0 3000000 3000000 0 0 0 0 20372068 26104110 0 0 10313076 10692461 120986685 139873871 997519 1002300 0 0 0 0 997519 1002300 13025367 13025367 106963799 125846204 119989166 138871571 120986685 139873871 X 16430828 2822031 -370454 X false true X true false X 15727508 11488640 16699580 18812574 34967143 97695445 0 0 15727508 11488640 16699580 18812574 34967143 97695445 14553887 83141558 374497 382383 383387 809433 1378978 3328678 0 0 0 0 0 0 0 101024123 0 0.8230 0.9076 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3184664 180000 180000 3184664 3225055 139609 180000 3184664 3222789 182266 180000 3225055 3161454 241335 180000 3222789 3254315 87139 180000 3161454 0.0 1.0 0.0 false false CHARITABLE REMAINDER TRUSTS 10324806 GIFT ANNUITIES 367655 10692461 0 X Schedule D, Part V, Line 4 Intended uses of endowment funds THE PURPOSE OF THE MCMILLEN ENDOWMENT ($3,000,000) IS TO SUPPORT THE OPERATIONAL EXPENSES OF THE TORRANCE MEMORIAL MEDICAL CENTER CHEMICAL DEPENDENCY UNIT. THE REMAINING ENDOWMENTS ($184,664) ARE COMPRISED OF SEVERAL CHARITABLE TRUSTS WHICH HAVE NOT, AS YET, BEEN DISTRIBUTED TO THE FOUNDATION. WHEN DISTRIBUTED, THE EARNINGS WILL BE AVAILABLE FOR ANY BOARD DESIGNATED RELATED PROJECTS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote CEDARS-SINAI HEALTH SYSTEM CONSOLIDATED FINANCIAL STATEMENTS: THE HEALTH SYSTEM COMPLETED AN ANALYSIS OF ITS TAX POSITIONS, IN ACCORDANCE WITH ASC 740, INCOME TAXES, AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN. THE HEALTH SYSTEM HAS RECOGNIZED NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. THE HEALTH SYSTEM IS SUBJECT TO ROUTINE AUDITS BY THE TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE HEALTH SYSTEM BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. FESTIVAL 1732991 815396 917595 332525 283575 301495 GOLF 355141 247013 108128 52988 23982 31158 0 2088132 1062409 1025723 385513 307557 332653 1025723 0 true Torrance Memorial Medical Center 3330 Lomita Blvd Torrance CA 90505 951644042 501(C)3 19985000 Support TMMC Torrance Health Association 3330 Lomita Blvd TORRANCE CA 90505 330073515 501(c)(3) 15000 SUPPORT THA 2 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. TORRANCE MEMORIAL MEDICAL HEALTH CARE FOUNDATION HAS BEEN ESTABLISHED TO RAISE FUNDS FOR THE PURPOSE OF SUPPORTING TORRANCE MEMORIAL MEDICAL CENTER AND TORRANCE HEALTH ASSOCIATION. MONTHLY, THE FOUNDATION REVIEWS CONTRIBUTIONS AND DONATIONS RECEIVED AND ACCOUNTS FOR FUNDS BEING HELD FOR VARIOUS PROGRAM SUPPORT AND CAPITAL NEEDS OF THE MEDICAL CENTER AND TORRANCE HEALTH ASSOCIATION, IN CONJUNCTION WITH DONOR RESTRICTIONS. TWICE EACH YEAR, THE FOUNDATION IDENTIFIES PROGRAM NEEDS AND FUNDS AVAILABLE FOR TRANSFER TO THE MEDICAL CENTER AND TORRANCE HEALTHASSOCIATION. THIS PROCESS INCLUDES ACCEPTING REQUESTS FROM VARIOUS DEPARTMENTS EXPENDITURES THAT REQUIRE FUNDING, IDENTIFYING MEDICAL CENTER PROGRAMS OR CAPITAL EXPENDITURES THAT REQUIRE FUNDING, AND REVIEW OF DONOR INTENTIONS AND POSSIBLE RESTRICTIONS ON EXISTING FUNDS BEING HELD. BASED ON THE FOREGOING CRITERIA, THE FOUNDATION COMPILES A LIST OF PROGRAMS AND CAPITAL PROJECTS TO BE FUNDED. THE MEDICAL CENTER FINANCE DEPARTMENT REVIEWS THE LIST AND ENSURES THAT ADEQUATE RECORDS EXIST TO SUPPORT THE FUND TRANSFERS. THE TRANSFER REQUEST IS THEN PRESENTED TO THE FOUNDATION'S BOARD OF DIRECTORS FOR APPROVAL. UPON APPROVAL, FUNDS ARE TRANSFERRED TO THE MEDICAL CENTER AND TORRANCE HEALTH ASSOCIATION. THE FINANCE DEPARTMENT ENSURES THAT FUNDS ARE DIRECTED TO THE APPROPRIATE DEPARTMENT OR PROJECT IN ACCORDANCE WITH THE FOUNDATION'S INSTRUCTIONS. DURING FY 06/24, A GRANT OF $15,000 WAS MADE TO THA. X X X X X false true false false false false false false false Craig D Leach BOARD MEMBER (SEE SCH J, PART III) 0 744659 0 358428 0 502822 0 42075 0 19117 0 1667101 0 184512 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THIS SCHEDULE J DISCLOSURE IS FOR THE SOLE PURPOSE OF COMPLYING WITH 990 FILING REQUIREMENTS. AS NOTED IN THE STATEMENT BELOW, SUCH COMPENSATION IS PROVIDED AND PAID BY TORRANCE HEALTH ASSOCIATION FOR QUALIFYING PERSONNEL FOR THEIR SERVICE TO TORRANCE HEALTH ASSOCIATION AND TO TORRANCE MEMORIAL MEDICAL CENTER AND DOES NOT REFLECT ANY REMUNERATION PAID OR PROVIDED BY THE FOUNDATION. THE TORRANCE HEALTH ASSOCIATION (THA) BOARD OF TRUSTEES PROVIDES A SERP TO PARTICIPANTS IDENTIFIED AS 'KEY EMPLOYEES'. THE SERP PROVIDES FOR AN ANNUAL ACCRUAL BASED UPON THE KEY EMPLOYEE'S EARNINGS TO BE ACCUMULATED IN A LIABILITY ACCOUNT EARNING INTEREST AT THE RATE SPECIFIED IN THE PLAN DOCUMENT. PARTIAL VESTING AND DISTRIBUTION OCCURS UPON A PARTICIPANT'S REACHING AGE 55 AND MAINTAINING EMPLOYMENT AS A KEY EMPLOYEE OF THA. DURING 2023, THE FOLLOWING INDIVIDUALS RECEIVED SERP PAYMENTS RELATED TO THEIR FULL VESTING IN THE PLAN: CRAIG LEACH - $379,516 THE CURRENT YEAR DISTRIBUTION IS REFLECTED IN COLUMN B (III) AND F OF SCHEDULE J. THE AMOUNTS WERE REPORTED ON PRIOR YEARS FORM 990 AS THA AND TMMC DEFERRED COMPENSATION IN COLUMN C. Schedule J, Part II Craig D. Leach served as CEO of Torrance Health Association (THA) and Torrance Memorial Medical Center (TMMC) prior to his retirement on October 31, 2023. All compensation reported in this 990 was paid by THA & TMMC for his service as the Chief Executive Officer of those particular entities. On May 3, 2024, approximately six months following Mr. Leach's retirement, he was nominated for and accepted a position as a member of the Board of Trustees for the Foundation. His compensation reported on this 990 is for the sole purpose of complying with 990 filing requirements and does NOT reflect any remuneration paid by the Foundation to Mr. Leach. X 174 86509 Market value X TICKETS 56 74430 Market value X TRAVEL PACKAGE 18 66550 Market value X CHRISTMAS TREES 19 39125 Market value 0 false true false Schedule M, Part I THE AMOUNT IN PART I COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. Form 990, Part VI, Line 6 Classes of members or stockholders TORRANCE HEALTH ASSOCIATION IS THE SOLE CORPORATE MEMBER OF TORRANCE MEMORIAL MEDICAL CENTER HEALTH CARE FOUNDATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE SOLE CORPORATE MEMBER, TORRANCE HEALTH ASSOCIATION, HAS THE RIGHT TO ELECT THE MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 WAS PREPARED BY THE ORGANIZATION'S FINANCE DEPARTMENT ALONG WITH OUR TAX ADVISORS. THE FORM 990 WAS THEN REVIEWED BY SENIOR MANAGEMENT. AFTER THE FINAL REVIEW IS COMPLETE, AN OFFICER OF THE ORGANIZATION SIGNS THE FORM 990. THE FORM 990 IS SENT OUT ELECTRONICALLY FOR REVIEW BY THE BOARD OF DIRECTORS. Form 990, Part VI, Line 12c Conflict of interest policy THE FOLLOWING PROCESS FOR MONITORING & ENFORCING THE CONFLICT OF INTEREST POLICY HAS BEEN ENACTED: ANNUALLY, THE FOUNDATION SENDS ALL THE TRUSTEES AND OFFICERS A COPY OF THE FOUNDATION'S CONFLICT OF INTEREST POLICY AND CONFLICT OF INTEREST QUESTIONNAIRE. ALL TRUSTEES AND OFFICERS ARE REQUIRED TO SIGN A STATEMENT THAT THEY HAVE RECEIVED AND READ THE CONFLICT OF INTEREST POLICY. ADDITIONALLY, THEY ARE ALSO REQUIRED TO COMPLETE, SIGN AND SUBMIT CONFLICT OF INTEREST QUESTIONNAIRE. THE QUESTIONNAIRE INQUIRES AS TO ALL RELATIONSHIPS WHICH MIGHT CREATE, OR BE THOUGHT TO CREATE CONFLICTS OF INTEREST FOR ALL INDIVIDUALS CONCERNED WITH CONDUCTING, TRANSACTING OR APPROVING THE BUSINESS MATTERS OF THE FOUNDATION. ONCE THE CONFLICT OF INTEREST QUESTIONNAIRES HAVE BEEN RECEIVED BACK FROM THE OFFICERS AND TRUSTEES, THEY ARE REVIEWED AND SUMMARIZED BY THE FOUNDATION'S EXECUTIVE VICE PRESIDENT FOR PRESENTATION TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE REPORTS ANY CONFLICTS TO THE BOARD OF TRUSTEES WITH THE RECOMMENDATION AS TO THE RESOLUTION OF THE CONFLICT THAT MAY IMPEDE THE INDEPENDENCE OF THE BOARD COMMITTEE. Form 990, Part VI, Line 19 Required documents available to the public FEDERAL TAX LAWS DO NOT MANDATE THAT THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION. THE ARTICLES OF INCORPORATION ARE AVAILABLE FROM THE SECRETARY OF THE STATE. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT - 629546; PENDING TEMP RESTRICTED TRANSFER - -1000000; TORRANCE MEMORIAL MEDICAL CENTER 3330 LOMITA BLVD TORRANCE CA 90505 951644042 HOSPITAL CA 501(c)(3) 3 tha true TORRANCE HEALTH ASSOCIATION 3330 LOMITA BLVD TORRANCE CA 90505 330073515 HEALTH SRVCS CA 501(c)(3) Type II CSHS true CEDARS-SINAI MEDICAL CENTER 8700 BEVERLY BOULEVARD LOS ANGELES CA 90048 951644600 HOSPITAL CA 501(c)(3) 3 CSHS true CEDARS-SINAI MEDICAL CARE FOUNDATION 6500 WILSHIRE BLVD 15TH FLOOR LOS ANGELES CA 90048 954457756 FUNDRAISING CA 501(c)(3) Type I CSMC true CALIFORNIA HEART CENTER FOUNDATION 8670 WILSHIRE BLVD STE 301 BEVERLY HILLS CA 90211 954772979 RESEARCH CA 501(c)(3) 7 CSMC true KERLAN-JOBE ORTHOPAEDIC FOUNDATION 6801 PARK TERRANCE LOS ANGELES CA 90045 954707606 RESEARCH CA 501(c)(3) 7 CSMCF true SANTA MONICA ORTHO & SPORTS MED RSCH FDN 2020 SANTA MONICA BLVD 4TH FLR SANTA MONICA CA 90404 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