City of Hope

Legal name: Midwestern Regional Medical Center Inc

Nonprofit profile at a glance

EIN
362510771
IRS 990 coverage
2022–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Duarte, CA, USA
Phone
(888) 552-6760
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$306,435,150
Expenses
$325,655,797
Assets
$178,142,600
Liabilities
$86,036,214

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

26 people listed

Executive titles in this filing

  • ANTHONY GOVORCHIN (MARKET PRESIDENT - CHICAGO)
  • ROBERT W STONE (COH PRESIDENT & CEO)
  • MARCELLUS R VAN DEN BRINK MD PHD (COHNMC PRESIDENT & CHF PHYS EXEC)

Highest reported compensation

  • ROBERT W STONE (COH PRESIDENT & CEO): $7,115,860 total reported compensation
  • MARCELLUS R VAN DEN BRINK MD PHD (COHNMC PRESIDENT & CHF PHYS EXEC): $2,570,014 total reported compensation
  • HARLAN ALCON LEVINE (PRES, HLTH INNOVATION & POLICY): $2,496,845 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide compassionate medical care to people with cancer, diabetes and other life-threatening illnesses and transforming the future of cancer care by unifying the branches of biomedical research, treatment and academia. We are dedicated to making a difference in the lives of patients with cancer, diabetes and other life-threatening illnesses. Our team of more than 11,000 includes researchers, associates, scientists, doctors, nurses, allied health professionals, graduate students, fundraising specialists, marketing professionals, volunteers and support staff—all united by our desire to find cures and save lives. City of Hope is dedicated to tailoring a combination of cancer treatments to the needs of each individual patient. From advanced genomic testing to state-of-the-art technologies and evidence-informed supportive care therapies that target cancer-related side effects...

What it reported doing in 2024

Patient care: city of hope chicago provides acute-care medical services for patients being treated for some form of cancer, including leukemia and lymphoma, colorectal, prostate, gynecologic and breast cancers. All patients treated at city of hope chicago benefit from the latest technologies including those derived from translational medicine, achieved by collaboration between members of the patient care teams and the scientific and bench research activities performed throughout the organization. City of hope chicago provides for services through charity care assistance for patients meeting certain financial eligibility and clinical criteria and to persons without insurance or who are under-insured.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% 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 some related-organization disclosures are missing.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 89
  • Accountability: 100
  • Sustainability: 22
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.3%; rating input score 92
  • Program expense ratio: 86.8%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 12th percentile among comparable filings
  • Pay-setting controls: 6 of 6 controls in place; rating input score 100
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: No; rating input score 0

Accountability

  • Independent voting board: 100%; rating input score 100; 77th 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: -6.3%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.55; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 0.48; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 1.9%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: 21.9% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 11.8% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: -3.7% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • What they do: 1 operating location identified
  • Where the money goes: 92.3% of revenue deployed · 86.8% of spending went to programs
  • Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $282.7M in reported program spending
  • Leadership: top reported pay $7.1M · 26 people listed · 6 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $94.1M reported
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes executive pay and related organizations
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 16 filed money-flow records
  • Related organizations: 12 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 11/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.