2012-09-15T14:34:17-05:00 2011-10-31 JH COHN LLP 11755 WILSHIRE BLVD STE 1700 LOS ANGELES CA 90025 990 2010-11-01 951644604 ORTHOPAEDIC HOSPITAL ORTH 2137421037 2400 S FLOWER STREET LOS ANGELES CA 900072697 LOURDES ABCEDE 2137421037 2012-09-15 1 STEPHEN M DAY 3104773722 2010 2016-02-24 21:20:13Z LOS ANGELES ORTHOPAEDIC MEDICAL CENT JAMES V LUCK JR MD 2400 S FLOWER STREET LOS ANGELES CA 900072697 45236964 0 X ORTHOHOSPITAL.ORG X 1923 CA THE MISSION OF ORTHOPAEDIC HOSPITAL IS TO PROVIDE OUTSTANDING CARE FOR PATIENTS WITH MUSCULOSKELETAL DISORDERS AND THROUGH THE SUPPORT OF THE LOS ANGELES ORTHOPAEDIC HOSPITAL FOUNDATION, TO PROVIDE CARE FOR CHILDREN REGARDLESS OF ABILITY TO PAY AND TO ADVANCE CARE WORLDWIDE FOR ALL MUSCULOSKELETAL PATIENTS THROUGH MEDICAL EDUCATION AND SCIENTIFIC RESEARCH. 12 11 210 0 0 0 15731391 10758329 21566518 29567637 249936 315256 507411 682576 38055256 41323798 0 0 0 0 9684302 9693280 0 0 0 25093714 31632798 34778016 41326078 3277240 -2280 286060695 272591395 59655280 52364704 226405415 220226691 SAME AS PART I, LINE 1. 0 0 26737105 25603351 OUTPATIENT CLINICS - ORTHOPAEDIC HOSPITAL PROVIDES A WIDE RANGE OF PREVENTIVE AND RESTORATIVE HEALTH CARE SERVICES DESIGNED PARTICULARLY FOR CHILDREN WITH MUSCULOSKELETAL DISORDERS. SPECIFIC DISORDERS TREATED INCLUDE ORTHOPAEDIC TRAUMA, SPINA BIFIDA, CEREBRAL PALSY, CLUB FOOT, NEUROMUSCULAR DISORDERS, SPINAL DEFORMITY, HAND DEFORMITIES, MUSCULOSKELETAL TUMORS, HIP DYSPLASIA AND HEMOPHILIA. THERE WERE 57,960 OUTPATIENT VISITS FOR FISCAL YEAR 2011. 5364555 3864286 RESEARCH PROJECTS - ORTHOPAEDIC HOSPITAL CONDUCTS A NUMBER OF BASIC AND CLINICAL RESEARCH PROGRAMS. AMONG THEM ARE IMPROVING THE DURABILITY OF HUMAN JOINT REPLACEMENTS, UNDERSTANDING THE BIOLOGY AND BIOMECHANICS OF JOINT CARTILAGE AND CARTILAGE GRAFTS, IMPROVING METHODS FOR FIXATION OF FRACTURES AND DEVELOPING NEW SYNTHETIC MATERIALS AND DEVICES TO HELP ORTHOPAEDIC PATIENTS. THE DEPARTMENT ENJOYS A LEADERSHIP POSITION WORLDWIDE FOR THE DEVELOPMENT OF LONGER LASTING MATERIALS FOR JOINT REPLACEMENT. IN 2011, THESE MATERIALS GENERATED MORE THAN $2.2 MILLION IN ROYALTIES. 739749 100000 MEDICAL EDUCATION - AS PART OF ITS ALLIANCE WITH THE UNIVERSITY OF CALIFORNIA, LOS ANGELES (UCLA), ORTHOPAEDIC HOSPITAL PARTICIPATES IN THE EDUCATION OF MEDICAL STUDENTS, ORTHOPAEDIC SURGERY RESIDENTS AND GRADUATE ORTHOPAEDIC SURGEONS. ORTHOPAEDIC HOSPITAL ALSO CONDUCTS A FELLOWSHIP PROGRAM IN PEDIATRIC ORTHOPEDICS. THE PROGRAM IS FULLY ACCREDITED BY THE ACCREDITATION COUNCIL FOR GRADUATE MEDICAL EDUCATION (ACGME). 32841409 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 65 0 1 210 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 11 1 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X ORTHOPAEDIC HOSPITAL CO LOURDES AB 2137421037 2400 S FLOWER STREET LOS ANGELES CA 90007 JAMES V LUCK JR MD 40.00 X X 382914 95729 106958 JEFFREY J ECKARDT MD 2.00 X 0 0 0 WILLIAM G MCGAGH 2.00 X 0 0 0 CHRISTOPHER C MARTIN FAIA 2.00 X 0 0 0 JOEL M BERSTEIN 2.00 X 0 0 0 NICCHOLAS V MCCLURE 2.00 X 0 0 0 STEVEN T VALENTINE 2.00 X 0 0 0 PAUL S VIVIANO 2.00 X 0 0 0 MICHAEL R LOMBARDI 2.00 X 0 0 0 EDWARD D FOX JR 2.00 X 0 0 0 EDWARD L SCHNEIDER MD 2.00 X 0 0 0 MEYER LUSKIN 2.00 X 0 0 0 JERVE M JONES 2.00 X 0 0 0 LOURDES ABCEDE 40.00 X 83051 83051 6154 HARRY A MCKELLOP PHD 40.00 X 1371684 0 21588 ANTHONY SCADUTO MD 40.00 X 630411 0 23389 MAURICIO SILVA MD 40.00 X 398877 0 2084 RICHARD BOWEN MD 40.00 X 437166 0 18343 VICTOR MARDER MD 32.00 X 224233 0 17689 DEBORAH JUSTICE 40.00 X 144398 0 10589 LEWIS ZIONTS MD 40.00 X 141292 0 21588 3814026 178780 228382 14 0 1 0 FU-WEN SHEN PHD 20308 TRAILS END ROAD WALNUT CA 91789 RESEARCH, INVENTOR 861480 SUSAN GALANTI 72 AMIGO LANE WALNUT CREEK CA 94596 CONTRACTING SERVICE 103000 2 10758329 10758329 OUTPATIENT CLINICS 621400 25603351 25603351 RESEARCH PROJECTS 541700 3864286 3864286 MEDICAL EDUCATION 611600 100000 100000 29567637 389852 389852 230979 34001 196978 196978 196978 3804569 3879165 -74596 -74596 -74596 OTHER OPERATING REVENU 900099 385030 385030 PARKING REVENUE 812930 100568 100568 485598 41323798 29567637 0 997832 2322261 1884900 437361 5686901 5420734 266167 391087 239074 152013 738352 643103 95249 554679 424516 130163 7961 7961 161753 800 160953 50000 50000 54261 54261 4770464 3224934 1545530 2219766 1640093 579673 291622 291622 841077 24097 816980 124515 104819 19696 97474 18888 78586 2535011 2535011 3069180 2177925 891255 310416 58758 251658 MEDICAL SUPPLIES 15652983 15652983 PURCHASED SERVICES 1015055 989039 26016 PROVISION FOR BAD DEBT 274882 274754 128 OTHER DIRECT EXPENSES 72994 27596 45398 TAXES & LICENSES 45141 17803 27338 38243 16593 21650 41326078 32841409 8484669 0 385965 728336 5685313 0 1955481 3530761 305885 294997 368972 325796 99767 399202 73931906 19117743 54220300 54814163 11150806 9630611 211888206 202867529 286060695 272591395 12308443 6788625 711472 426883 41607177 40145311 5028188 5003885 59655280 52364704 X 59370110 59780137 141218500 134731991 25816805 25714563 226405415 220226691 286060695 272591395 X -2280 -6176444 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 313523 313523 27490639 13274546 14216093 6503347 4787246 1716101 39624397 1055951 38568446 54814163 DUE FROM LOS ANGELES ORTHOPAEDIC HOSPITAL FOUNDATION 1666908 DEFERRED FINANCING COST 1730035 INTEREST IN NET ASSETS - LOS ANGELES ORTHOPAEDIC HOSPITAL FOUNDATION 160446554 PREPAID RENT 33145747 OTHER ASSETS 2089410 AWUIL- CURRENT TRUSTEE HELD FUND 3788875 202867529 CAPITAL LEASE LIABILITY 76738 OTHER LIABILITIES- NON-CURRENT 4550890 EST LIAB. - SELF INSURED W/COMP 376257 5003885 41323798 41326078 -2280 412307 -6588751 -6176444 -6178724 41715845 412307 34001 446308 41269537 54261 54261 41323798 41305818 34001 34001 41271817 54261 54261 41326078 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS AT OCTOBER 31, 2011 AND 2010. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2008 AND 2007, RESPECTIVELY, ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF ASSETS - TEMPORARILY RESTRICTED -6,486,509. CHANGE IN VALUE OF ASSETS - PERMANENTLY RESTRICTED -102,242. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL - OCCUPANCY 34,001. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL - OCCUPANCY 34,001. X X X X X X 0 1 0 0 0 0 0 0 0 JAMES V LUCK JR MD 382914 95729 0 0 0 0 88705 0 18253 0 489872 95729 515288 102073 LOURDES ABCEDE 83051 83051 0 0 0 0 0 0 6154 0 89205 83051 83215 83215 HARRY A MCKELLOP PHD 165609 0 0 0 1206075 0 0 0 21588 0 1393272 0 1303349 0 ANTHONY SCADUTO MD 630411 0 0 0 0 0 0 0 23389 0 653800 0 583852 0 MAURICIO SILVA MD 398877 0 0 0 0 0 0 0 2084 0 400961 0 378769 0 RICHARD BOWEN MD 437166 0 0 0 0 0 0 0 18343 0 455509 0 448109 0 VICTOR MARDER MD 224233 0 0 0 0 0 0 0 17689 0 241922 0 242191 0 DEBORAH JUSTICE 144398 0 0 0 0 0 0 0 10589 0 154987 0 159712 0 LEWIS ZIONTS MD 141292 0 0 0 0 0 0 0 21588 0 162880 0 163228 0 PART I, LINE 4B JAMES V. LUCK, JR., M.D. $88,705 457(F) PLAN FORM 990, PART IV, LINE 20A IS CHECKED "NO" BECAUSE LOS ANGELES ORTHOPAEDIC MEDICAL CENTER (OPERATED BY ORTHOPAEDIC HOSPITAL) IS A CLINIC LICENSED UNDER SECTION 1204 OF THE CALIFORNIA HEALTH AND SAFETY CODE AND NOT A HEALTH FACILITY SUBJECT TO THE PROVISIONS OF 1250. FORM 990, PART IV, LINE 12A - ORTHOPAEDIC HOSPITAL FILES A COMBINED AUDITED FINANCIAL STATEMENT WITH A RELATED ENTITY. A SEPARATE FORM 990 IS FILED FOR THE RELATED ENTITY. FORM 990, PART VI, SECTION A, LINE 2 CHRISTOPHER MARTIN'S FIRM HAS CONTRACTED WITH A COMPANY WHERE MICHAEL LOMBARDI IS A SENIOR OFFICER ON AN UNRELATED REAL ESTATE DEVELOPMENT PROJECT IN LOS ANGELES. EDWARD SCHNEIDER IS A LIMITED PARTNER IN A PARTNERSHIP WHERE MICHAEL LOMBARDI IS A GENERAL PARTNER. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNANCE COMMITTEE OF THE ORTHOPAEDIC HOSPITAL'S BOARD OF DIRECTORS AND THE LOS ANGELES ORTHOPAEDIC HOSPITAL FOUNDATION'S BOARD OF TRUSTEES IS ASSIGNED WITH THE RESPONSIBILITY OF RECRUITING NEW DIRECTORS AND TRUSTEES FOR BOTH ORGANIZATIONS. THE COMMITTEE GOES THROUGH ITS DILIGENCE PROCESS OF REVIEWING POTENTIAL MEMBER'S STATUS IN THE COMMUNITY AND QUALIFICATIONS FOR BOARD MEMBERSHIP AND THEN MAKES ITS RECOMMENDATIONS TO EACH BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE GOVERNANCE COMMITTEE OF THE ORTHOPAEDIC HOSPITAL'S BOARD OF DIRECTORS AND THE LOS ANGELES ORTHOPAEDIC HOSPITAL FOUNDATION'S BOARD OF TRUSTEES IS ASSIGNED WITH THE RESPONSIBILITY OF RECRUITING NEW DIRECTORS AND TRUSTEES FOR BOTH ORGANIZATIONS. THE COMMITTEE GOES THROUGH ITS DILIGENCE PROCESS OF REVIEWING POTENTIAL MEMBER'S STATUS IN THE COMMUNITY AND QUALIFICATIONS FOR BOARD MEMBERSHIP AND THEN MAKES ITS RECOMMENDATIONS TO EACH BOARD. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS COMPLETED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED BY INDIVIDUALS IN THE FOLLOWING ORDER: CFO THEN CEO, SENIOR ADMINISTRATIVE TEAM AND THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNANCE COMMITTEE OF THE ORTHOPAEDIC HOSPITAL'S BOARD OF DIRECTORS AND THE LOS ANGELES OTHOPAEDIC HOSPITAL FOUNDATION'S BOARD OF TRUSTEES REQUIRES ALL DIRECTORS AND TRUSTEES TO SUBMIT A "CONFLICT OF INTEREST STATEMENT" ANNUALLY. THE COMMITTEE REVIEWS THESE STATEMENTS AND PRESENTS ANY POTENTIAL CONFLICT TO BOARDS FOR DISCUSSION AND APPROVAL OF ANY ACTION NEEDED. OFFICERS AND KEY EMPLOYEES ARE ALSO REQUIRED TO SUBMIT A "CONFLICT OF INTEREST STATEMENT" ANNUALLY TO THE HUMAN RESOURCES DEPARTMENT. STATEMENTS ARE REVIEWED BY THE COMPLIANCE OFFICER WHO CHECKS FOR ANY EXISTING CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 CEO - COMPENSATION IS REVIEWED AND DOCUMENTED BY THE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY. KEY PHYSICIAN POSITIONS - COMPENSATIONS ARE REVIEWED BY CONSULTANT, LAWYER AND THEN APPROVED BY THE STRATEGIC COMMITTEE AND THE BOARD OF DIRECTORS. OTHER OFFICERS AND KEY EMPLOYEES - COMPENSATIONS ARE REVIEWED BY THE CEO WITH THE DIRECTOR OF HUMAN RESOURCES. ORTHOPAEDIC HOSPITAL PARTICIPATES IN SOME SALARY SURVEYS AND USES THIS INFORMATION TO COMPARE SALARIES IN THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 ANY INQUIRY SHOULD BE DIRECTED TO THE CFO OR TO ORTHOPAEDIC HOSPITAL OFFICER. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 412,307. CHANGE IN VALUE OF ASSETS - TEMPORARILY RESTRICTED -6,486,509. CHANGE IN VALUE OF ASSETS - PERMANENTLY RESTRICTED -102,242. TOTAL TO FORM 990, PART XI, LINE 5: -6,176,444. FORM 990, PART XI, LINE 2C: NO CHANGE FROM PRIOR YEAR LOS ANGELES ORTHOPAEDIC HOSPITAL FOUNDATION 2400 SOUTH FLOWER STREET LOS ANGELES CA 900072697 951644029 FUNDRAISING CA 501(C)(3) LINE 11A, I 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 LA ORTHOPAEDIC HOSPITAL FOUNDATION C 10758329 LA ORTHOPAEDIC HOSPITAL FOUNDATION M 12475 LA ORTHOPAEDIC HOSPITAL FOUNDATION N 178780 LA ORTHOPAEDIC HOSPITAL FOUNDATION P 1108156