MarinHealth
Legal name: Marin General Hospital
Nonprofit profile at a glance
- EIN
- 942823538
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Greenbrae, CA, USA
- Phone
- 1-888-627-4642
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Hospitals
Reported finances
- Revenue
- $661,881,386
- Expenses
- $637,938,653
- Assets
- $709,075,325
- Liabilities
- $456,647,034
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
29 people listed
Executive titles in this filing
- DAVID KLEIN MD (CEO & BOARD MEMBER)
- JENNIFER SCHAAB MBA MPH (MHMN PRESIDENT)
Highest reported compensation
- DAVID KLEIN MD (CEO & BOARD MEMBER): $2,125,068 total reported compensation
- MICHAEL KIM MD (MHMN VP OF MED AFFAIRS (THRU 9/2024)): $931,738 total reported compensation
- ERIC BRETTNER (CHIEF FINANCIAL OFFICER): $840,670 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Providing people of Marin with healing care they want and deserve. MarinHealth includes three major entities – a hospital, foundation, and network of expert clinicians – and our combined offering provides North Bay residents with a wide spectrum of high quality services from health and wellness education to diagnosis to advanced treatment and beyond for injuries and illness of all kinds. MarinHealth Medical Center Formerly known as Marin General Hospital, and owned by the Marin Healthcare District, this beloved institution has been meeting our community’s healthcare needs since 1952 as an award-winning, full-service, not-for-profit hospital. Our mission — and our pride — is providing the people of Marin with the healing care they want and deserve.
What it reported doing in 2024
Marin general hospital dba marinhealth medical center is a 327-bed independent hospital with deep roots in the community. We have been meeting the healthcare needs of the north bay since first opening our doors as marin general hospital in 1952. As marin's only full-service, acute care hospital, we provide comprehensive care across all major service lines. Our level iii trauma center and emergency department receive 70% of the county's ambulance traffic, and we provide life-saving care for our stroke and heart attack patients. We also offer the only hospital-based labor & delivery unit in marin. Additional services provided include: behavioral health; cancer care; critical care; emergency & trauma; imaging & radiology; stroke care; spine & brain care; and surgery & procedures, amongst many other specialties.as a district hospital, owned by marin healthcare district, we answer only to the community we serve. This gives us the flexibility to plan care that truly meets our community's needs. Building on a decades-long relationship, marinhealth and ucsf health formed a strategic alliance in 2019 that expands access to high-quality clinical care in marin county and throughout the north bay.
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 94% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 88
- Accountability: 96
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86%; rating input score 86
- Program expense ratio: 90.1%; rating input score 90
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.9%; rating input score 100; 47th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 92.9%; rating input score 93; 42nd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3.6%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 1.11; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0.64; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 1.7%; rating input score 61; 61st percentile among comparable filings
Growth
- Program expense growth: 5.9% per year; rating input score 100; 48th percentile among comparable filings
- Revenue growth: 5.5% per year; rating input score 100; 47th percentile among comparable filings
- Asset growth: 11.4% per year; rating input score 100; 76th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 86% of revenue deployed · 90.1% of spending went to programs
- Governance: 13 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $574.6M in reported program spending
- Leadership: top reported pay $2.1M · 29 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $51M reported
- Consistency: 36 of 36 current checks pass
- Schedules: 10 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 20 filed money-flow records
- Related organizations: 10 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 51/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.