Civic Intelligence

Overlake Hospital Association

EIN 91-1274134 • 501(c)3 • Bellevue, WA

Profile

The purpose of overlake hospital association is to provide support to overlake hospital medical center, overlake hospital foundation thereby improving the health care of the community.

1035 116th Avenue NEBellevue, WA 98004

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

14th percentile

-15%

Higher net margin than 14% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

98th percentile

$1,305,849

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

-5.1%

Faster revenue growth than 25% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$0

Down $28,473,309 (-100%) from 2023

Liabilities

Down

$0

Down $405,116 (-100%) from 2023

Net Assets

Down

$0

Down $28,068,193 (-100%) from 2023

Revenue

Down

$11,305,039

Down $602,731 (-5.1%) from 2023

Expenses

Up

$13,051,910

Up $726,692 (+5.9%) from 2023

Net Income

Down

-$1,746,871

Down $1,329,423 (-318%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $48,659,081Liabilities 2010: $46,325,078Net Assets 2010: $2,334,0032010Assets 2011: $46,176,143Liabilities 2011: $42,994,614Net Assets 2011: $3,181,5292011Assets 2012: $44,797,301Liabilities 2012: $40,260,277Net Assets 2012: $4,537,0242012Assets 2013: $44,232,077Liabilities 2013: $37,297,013Net Assets 2013: $6,935,0642013Assets 2014: $43,889,210Liabilities 2014: $33,949,185Net Assets 2014: $9,940,0252014Assets 2015: $45,910,804Liabilities 2015: $32,762,304Net Assets 2015: $13,148,5002015Assets 2016: $43,913,928Liabilities 2016: $27,125,380Net Assets 2016: $16,788,5482016Assets 2017: $35,405,807Liabilities 2017: $21,898,694Net Assets 2017: $13,507,1132017Assets 2018: $33,471,488Liabilities 2018: $17,714,022Net Assets 2018: $15,757,4662018Assets 2019: $32,070,946Liabilities 2019: $13,844,376Net Assets 2019: $18,226,5702019Assets 2020: $31,992,329Liabilities 2020: $10,540,513Net Assets 2020: $21,451,8162020Assets 2021: $31,794,126Liabilities 2021: $5,451,282Net Assets 2021: $26,342,8442021Assets 2022: $29,520,780Liabilities 2022: $1,035,139Net Assets 2022: $28,485,6412022Assets 2023: $28,473,309Liabilities 2023: $405,116Net Assets 2023: $28,068,1932023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $9,304,6972010Expenses 2011: $8,990,0162011Expenses 2012: $8,847,9562012Expenses 2013: $7,414,9282013Revenue 2014: $10,199,673Expenses 2014: $7,194,712Net Income 2014: $3,004,9612014Revenue 2015: $10,499,116Expenses 2015: $7,290,641Net Income 2015: $3,208,4752015Revenue 2016: $10,213,253Expenses 2016: $6,573,205Net Income 2016: $3,640,0482016Revenue 2017: $10,724,264Expenses 2017: $14,005,699Net Income 2017: -$3,281,4352017Revenue 2018: $10,985,643Expenses 2018: $8,735,290Net Income 2018: $2,250,3532018Revenue 2019: $11,337,100Expenses 2019: $8,867,996Net Income 2019: $2,469,1042019Revenue 2020: $11,110,159Expenses 2020: $7,884,913Net Income 2020: $3,225,2462020Revenue 2021: $12,421,472Expenses 2021: $8,130,444Net Income 2021: $4,291,0282021Revenue 2022: $11,384,415Expenses 2022: $9,241,618Net Income 2022: $2,142,7972022Revenue 2023: $11,907,770Expenses 2023: $12,325,218Net Income 2023: -$417,4482023Revenue 2024: $11,305,039Expenses 2024: $13,051,910Net Income 2024: -$1,746,8712024

Highlighted filing

2024

Revenue$11,305,039
Expenses$13,051,910
Net Income-$1,746,871

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$11.3$13.1$1.75
2023Detailed filing. Detailed filing data is available for this year.$28.5$0.41$28.1$11.9$12.3$0.42
2022Detailed filing. Detailed filing data is available for this year.$29.5$1.04$28.5$11.4$9.24$2.14
2021Detailed filing. Detailed filing data is available for this year.$31.8$5.45$26.3$12.4$8.13$4.29
2020Detailed filing. Detailed filing data is available for this year.$32.0$10.5$21.5$11.1$7.88$3.23
2019Detailed filing. Detailed filing data is available for this year.$32.1$13.8$18.2$11.3$8.87$2.47
2018Detailed filing. Detailed filing data is available for this year.$33.5$17.7$15.8$11.0$8.74$2.25
2017Detailed filing. Detailed filing data is available for this year.$35.4$21.9$13.5$10.7$14.0$3.28
2016Detailed filing. Detailed filing data is available for this year.$43.9$27.1$16.8$10.2$6.57$3.64
2015Detailed filing. Detailed filing data is available for this year.$45.9$32.8$13.1$10.5$7.29$3.21
2014Detailed filing. Detailed filing data is available for this year.$43.9$33.9$9.94$10.2$7.19$3.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.2$37.3$6.94$7.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.8$40.3$4.54$8.85
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.2$43.0$3.18$8.99
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.7$46.3$2.33$9.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 16, 2024
Signed
Apr 22, 2025
Return Version
2023v6.0
Gross Receipts
$11,413,597
Mission and Program Overview

Mission

The purpose of Overlake Hospital Association is to provide support to Overlake Hospital Medical Center, Overlake Hospital Foundation and Overlake Hospital Auxiliaries thereby improving the health care of the community.

To support overlake medical center & clinics and overlake hospital foundation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$21,895,493$0▼ $21,895,493
Accounts Receivable$4,114,886$0▼ $4,114,886
Cash and Non-Interest-Bearing Accounts$1,735,512$0▼ $1,735,512
Savings and Temporary Cash Investments$633,808$0▼ $633,808
Prepaid Expenses and Deferred Charges$93,610$0▼ $93,610
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$28,473,309$0▼ $28,473,309
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$364,475$0▼ $364,475
Other Liabilities$40,641$0▼ $40,641
Total Liabilities$405,116$0▼ $405,116
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$28,068,193$0▼ $28,068,193
Total Net Assets Fund Balance$28,068,193$0▼ $28,068,193
Total Liabilities and Net Assets / Fund Balance$28,473,309$0▼ $28,473,309
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jason ThompsonChair
J Michael MarshPresident & CEO
Annette ClarkTrustee
Dilip WagleTrustee
James LaddTrustee
Jessie Woolley-wilsonTrustee
Jorge CerdaTrustee
Julie SunTrustee
Kristina BelfioreTrustee
Linda MahaffeyTrustee
Lisa Wissner-slivkaTrustee
Martha LeeTrustee
Pauline BachTrustee
Robert CampbellTrustee
Ted HerbTrustee
Tiffany KoenigTrustee
Uma Raghavan-thurmanTrustee
Andrew J TokarCFO Thru 04/24
Paul IshizukaInterim CFO From 03/24
Tom EvertSecretary & Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Kaufman Hall & Associates LLCConsultingPO BOX 140909, Irving, TX 75014$198,850
Unico Property ManagementProperty Management1326 FIFTH AVENUE SUITE 800, Seattle, WA 98101$177,039
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,144,098
Investment Income
$947
Other Revenue
$159,994
Change in Net Assets
$-1,746,871
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$8,000,000
Other Expenses$5,051,910
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$8,000,000--$8,000,000
Depreciation Depletion$1,351,393--$1,351,393
Occupancy$1,305,134--$1,305,134
Fees for Services Other$367,287$397,350-$764,637
Fees for Services Legal$53,879$178,069-$231,948
Fees for Services Management$133,697--$133,697
Insurance$133,527--$133,527
Office Expenses$121,638--$121,638
Other Expenses$13,524--$13,524
Total Functional Expenses$12,476,491$575,419$0$13,051,910
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Overlake Medical Center & ClinicsBellevue, WA501(c)(3)Support Operations$8,000,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

The organization filed articles of merger to obtain certificate of merger for dissolution.

Form 990, Part VI, Section B, Line 11B

The final 990 was prepared by an independent accounting firm and will be reviewed by the overlake medical center & clinics board of directors as they represent the interests of overlake hospital association through the merger agreement.

Form 990, Part VI, Section B, Line 12C

Board members and management annually sign a statement which affirms that such person: 1) has received a copy of the conflict of interest policy 2) has read and understands the policy 3) has agreed to comply with the policy. Board members and management are required to disclose potential conflict of interest situations on their annual disclosure form and on a situational basis for any situation occuring during the year. Disclosures are reviewed by the office of compliance and risk management (ocrm). Disclosures requiring mitigation will be handled by a member of the ocrm. If there is a violation of this policy or there is a perceived or actual conflict that needs to be managed, the ocrm will take approriate corrective action, which may include a conflict management plan. At board meetings, members are expected to recuse themselves from voting on issues when there is a conflict of interest.

Form 990, Part VI, Section C, Line 19

The organization makes its disclosure of governing documents, conflict of interest policy, and audited financial statements available through the hospital's administration office. The overlake medical center & clinics consolidated financial statements are available on the organizations website.

Filing and Contact Details

Filer

Filer Name
Overlake Hospital Association
EIN
91-1274134
Phone
4256885000
Address
1035 116TH AVENUE NE, BELLEVUE, WA 98004

Signing Officer

Name
Chrissy Yamada
Title
Interim CFO
Phone
4256885000
Signed
2025-04-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jon Duarte
Formed
1984
Legal Domicile
Wa
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
17

Preparer

Firm
Clark Nuber Ps
Address
10900 NE 4TH ST STE 1400, BELLEVUE, WA 98004
Preparer
Megan R Ryan
Phone
4254544919
Supplemental Narrative

Additional Explanations

FORM 990, PART 1, LINE 6:

Overlake hospital association had 17 board members that volunteered their time as board members during the year.

Form 990, Part III, Line 3

Overlake hospital association was dissolved as a separate legal entity and all remaining assets were transferred to overlake medical center & clinics, the supported organization of the association. The overlake medical tower, llc became a wholly owned disregarded entity of overlake medical center & clinics as a result of this merger.

FORM 990, PART XI, LINE 9:

Net asset transfer to related organization -26,321,322.

Raw XML AppendixShowing 400 of 665 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Form990PartVIISectionAGrp/PersonNm4ROBERT CAMPBELL
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IRS990/Form990PartVIISectionAGrp/PersonNm16JESSIE WOOLLEY-WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm17J MICHAEL MARSH
IRS990/Form990PartVIISectionAGrp/PersonNm18ANDREW J TOKAR
IRS990/Form990PartVIISectionAGrp/PersonNm19PAUL ISHIZUKA
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt18CFO THRU 04/24
IRS990/Form990PartVIISectionAGrp/TitleTxt19INTERIM CFO FROM 03/24
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IRS990/MissionDesc0THE PURPOSE OF OVERLAKE HOSPITAL ASSOCIATION IS TO PROVIDE SUPPORT TO OVERLAKE MEDICAL CENTER & CLINICS, OVERLAKE HOSPITAL FOUNDATION THEREBY IMPROVING THE HEALTH CARE OF THE COMMUNITY.
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IRS990/OperateHospitalInd00
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IRS990/OtherChangesInNetAssetsAmt0-26321322
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1B&O TAX
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE OVERLAKE HOSPITAL ASSOCIATION PROVIDED $8,000,000.00 OF FINANCIAL SUPPORT TO OVERLAKE MEDICAL CENTER & CLINICS FOR MODERN EQUIPMENT AND COMPREHENSIVE SERVICES AND PROGRAMS.
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE BOARD OF DIRECTORS OF OVERLAKE HOSPITAL ASSOCIATION AND THE BOARD OF TRUSTEES OF OVERLAKE MEDICAL CENTER & CLINICS ARE COMPRISED OF THE SAME MEMBERS. WHILE THE MAJORITY OF OVERLAKE HOSPITAL ASSOCIATION'S BOARD ARE NOT BOARD MEMBERS OF OVERLAKE HOSPITAL FOUNDATION, THE SAME INDIVIDUALS ARE PRESIDENT & CEO AND CFO OF OVERLAKE HOSPITAL ASSOCIATION, OVERLAKE MEDICAL CENTER & CLINICS, AND OVERLAKE HOSPITAL FOUNDATION. THEREFORE, MANAGEMENT CONTROL EXISTS BETWEEN THE SUPPORTING AND SUPPORTED ORGANIZATIONS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION C, LINE 1:
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