Santa Rosa Memorial Hospital

Nonprofit profile at a glance

EIN
941231005
IRS 990 coverage
2009–2018
Forms available
Form 990 2018
Location
Renton, WA, USA
Phone
7075255300
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Hospital, General
Affiliation
Christianity

Official website

Reported finances

Revenue
$316,645,041
Expenses
$305,455,013
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

35 people listed

Executive titles in this filing

  • TODD SALNAS (BOARD MEMBER/PRESIDENT, SJH-SC)
  • KEVIN KLOCKENGA (REGIONAL PRESIDENT/NCAL)

Highest reported compensation

  • KEVIN MANEMANN (BOARD MEMBER): $1,560,875 total reported compensation
  • KEVIN KLOCKENGA (REGIONAL PRESIDENT/NCAL): $1,224,155 total reported compensation
  • TODD SALNAS (BOARD MEMBER/PRESIDENT, SJH-SC): $834,525 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

As expressions of god's healing love, witnessed through the ministry of jesus, we are steadfast in serving all, especially those who are poor and vulnerable.

What it reported doing in 2018

See schedule o.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 80
  • Accountability: 87
  • Sustainability: 31
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.5%; rating input score 93
  • Program expense ratio: 96.9%; rating input score 97
  • Fundraising efficiency: $4.24 raised per $1 spent on fundraising; rating input score 27; 27th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 85.7%; rating input score 86; 37th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • 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: 3.5%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 2%; rating input score 52; 52nd percentile among comparable filings

Growth

  • Program expense growth: -1.7% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: 2.7% per year; rating input score 100; 28th percentile among comparable filings
  • Asset growth: -4.3% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 93.5% of revenue deployed · 96.9% of spending went to programs
  • Governance: 12 of 14 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $295.8M in reported program spending
  • Leadership: top reported pay $1.6M · 35 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2M reported
  • Consistency: 45 of 45 current checks pass
  • Schedules: 12 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 9 filing years from 2009 to 2018
  • Contacts: How to reach this organization
  • Money network: 18 filed money-flow records
  • Related organizations: 199 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Fundraising efficiency scored 27/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • Review — Sustainability: Operating margin scored 53/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • Review — Sustainability: Officer compensation ratio scored 52/100.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.