Civic Intelligence

Huntington Medical Foundation

EIN 95-4434428 • 501(c)3 • Pasadena, CA

Profile

Provide the highest quality, most patient friendly healthcare through innovative programs. We are responsive to our community's need and sensitive to financial responsiblity.

Refreshing map…

100 W California BlvdPasadena, CA 91105

www.huntingtonhealthphysicians.org

Siviq Scores

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

Liabilities / Assets

100th percentile

4.99x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

1.64x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

11th percentile

-19%

Higher net margin than 11% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

99th percentile

$2,876,149

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

39th percentile

2.7%

Faster asset growth than 39% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2024

Revenue Growth

35th percentile

1.2%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2024

Assets

Up

$15,548,818

Up $793,749 (+5.4%) from 2022

Liabilities

Up

$77,576,159

Up $14,612,050 (+23%) from 2022

Net Assets

Down

-$62,027,341

Down $13,818,301 (-29%) from 2022

Revenue

Up

$47,382,019

Up $1,156,844 (+2.5%) from 2022

Expenses

Up

$56,498,626

Up $83,653 (+0.1%) from 2022

Net Income

Up

-$9,116,607

Up $1,073,191 (+11%) from 2022

Trend Graphs

Balance Sheet Trend

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

$100M$50M$0-$50M-$100MAssets 2010: $7,872,437Liabilities 2010: $47,894,851Net Assets 2010: -$40,022,4142010Assets 2011: $6,369,570Liabilities 2011: $50,750,461Net Assets 2011: -$44,380,8912011Assets 2012: $6,041,236Liabilities 2012: $53,735,826Net Assets 2012: -$47,694,5902012Assets 2013: $5,405,304Liabilities 2013: $3,753,241Net Assets 2013: $1,652,0632013Assets 2014: $5,823,982Liabilities 2014: $7,692,461Net Assets 2014: -$1,868,4792014Assets 2015: $5,193,903Liabilities 2015: $8,658,323Net Assets 2015: -$3,464,4202015Assets 2016: $9,452,426Liabilities 2016: $15,240,410Net Assets 2016: -$5,787,9842016Assets 2017: $10,245,061Liabilities 2017: $20,478,586Net Assets 2017: -$10,233,5252017Assets 2018: $10,775,849Liabilities 2018: $25,290,536Net Assets 2018: -$14,514,6872018Assets 2019: $20,359,138Liabilities 2019: $40,493,661Net Assets 2019: -$20,134,5232019Assets 2020: $17,195,320Liabilities 2020: $48,458,933Net Assets 2020: -$31,263,6132020Assets 2021: $12,982,525Liabilities 2021: $51,086,410Net Assets 2021: -$38,103,8852021Assets 2022: $14,755,069Liabilities 2022: $62,964,109Net Assets 2022: -$48,209,0402022Assets 2024: $15,548,818Liabilities 2024: $77,576,159Net Assets 2024: -$62,027,3412024

Highlighted filing

2024

Assets$15,548,818
Liabilities$77,576,159
Net Assets-$62,027,341

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $28,016,8732010Expenses 2011: $29,263,2792011Expenses 2012: $27,526,3632012Revenue 2013: $25,994,065Expenses 2013: $27,400,357Net Income 2013: -$1,406,2922013Revenue 2014: $26,696,726Expenses 2014: $30,217,268Net Income 2014: -$3,520,5422014Revenue 2015: $26,859,159Expenses 2015: $29,955,100Net Income 2015: -$3,095,9412015Revenue 2016: $34,097,554Expenses 2016: $36,421,118Net Income 2016: -$2,323,5642016Revenue 2017: $40,576,733Expenses 2017: $45,022,274Net Income 2017: -$4,445,5412017Revenue 2018: $39,533,709Expenses 2018: $43,814,871Net Income 2018: -$4,281,1622018Revenue 2019: $43,169,289Expenses 2019: $48,789,125Net Income 2019: -$5,619,8362019Revenue 2020: $36,939,841Expenses 2020: $48,068,931Net Income 2020: -$11,129,0902020Revenue 2021: $42,291,573Expenses 2021: $49,131,845Net Income 2021: -$6,840,2722021Revenue 2022: $46,225,175Expenses 2022: $56,414,973Net Income 2022: -$10,189,7982022Revenue 2024: $47,382,019Expenses 2024: $56,498,626Net Income 2024: -$9,116,6072024

Highlighted filing

2024

Revenue$47,382,019
Expenses$56,498,626
Net Income-$9,116,607

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.5$77.6$62.0$47.4$56.5$9.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$63.0$48.2$46.2$56.4$10.2
2021Summary only. Only limited summary data is available for this year.$13.0$51.1$38.1$42.3$49.1$6.84
2020Summary only. Only limited summary data is available for this year.$17.2$48.5$31.3$36.9$48.1$11.1
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.4$40.5$20.1$43.2$48.8$5.62
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$25.3$14.5$39.5$43.8$4.28
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$20.5$10.2$40.6$45.0$4.45
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.45$15.2$5.79$34.1$36.4$2.32
2015Summary only. Only limited summary data is available for this year.$5.19$8.66$3.46$26.9$30.0$3.10
2014Summary only. Only limited summary data is available for this year.$5.82$7.69$1.87$26.7$30.2$3.52
2013Detailed filing. Detailed filing data is available for this year.$5.41$3.75$1.65$26.0$27.4$1.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.04$53.7$47.7$27.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.37$50.8$44.4$29.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.87$47.9$40.0$28.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$47,382,019
Mission and Program Overview

Mission

Provide the highest quality, most patient friendly healthcare through innovative programs. We are responsive to our community's need and sensitive to financial responsiblity.

Provide the highest quality, most patient friendly healthcare through innovative programs. We are responsive to our community's need and sensitive to financial responsibility.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$2,742,095$3,512,477▲ $770,382
Land, Buildings, and Equipment, Net$1,794,091$1,527,173▼ $266,918
Prepaid Expenses and Deferred Charges$1,086,972$1,154,635▲ $67,663
Cash and Non-Interest-Bearing Accounts$701,299--
Inventories for Sale or Use$55,668$44,668▼ $11,000
Total Assets$13,214,361$15,548,818▲ $2,334,457
Other Assets Total$6,834,236$9,309,865▲ $2,475,629
Liabilities
Other Liabilities$62,050,100$72,680,562▲ $10,630,462
Accounts Payable and Accrued Expenses$4,143,074$4,895,597▲ $752,523
Total Liabilities$66,193,174$77,576,159▲ $11,382,985
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-52,978,813$-62,027,341▼ $9,048,528
Total Net Assets Fund Balance$-52,978,813$-62,027,341▼ $9,048,528
Total Liabilities and Net Assets / Fund Balance$13,214,361$15,548,818▲ $2,334,457

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,064,861$9,084,020$10,148,881
Leasehold Improvements$462,312$4,296,295$4,758,607
Other Assets Org$1,388,432--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lori Morgan MdPresident-$1,334,858$1,541,291$2,876,149
Steven MohrChief Financial Officer-$686,082$652,570$1,338,652
Raj TakharChief Executive OfficerPT$626,058$286,975$913,033
Alipasha AdrangiPhysician Member-$386,196$45,561$431,757
Shant Kazazian MdPhysician Member-$361,341$39,861$401,202
Ronald Olah MdPhysician Member-$257,058$125,818$382,876
Shital Arya MdBoard SecretaryPT$321,536$52,920$374,456
Bianca Grigorian MdPhysician Member-$225,882$30,907$256,789
Stephanie Mackanic MdPhysician Member-$196,690$24,851$221,541
Jennifer OhNurse PractitionerFT$136,475$11,174$147,649
Allison CurtisNurse PractitionerPT$117,965$23,954$141,919
Harlem LeeQuality Project ManagerFT$100,796$7,080$107,876

Board Members and Trustees

NameTitle
Michelle ChinoBoard Chair
Ann RectorCommunity Member
Donald GrantCommunity Member
Erin BakerCommunity Member
Pete KutzerCommunity Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Cmbs Medical Business ServicesManagement Serv1ST AVE 201, Arcadia, CA 91006$3,588,445
The Hill Medical CorporationProf Services625 S FAIR OAKS AVE STE 180, Pasadena, CA 91105$2,681,151
Aya Healthcare INCProf Serv5930 CORNERSTONE CT WEST SUITE 300, San Diego, CA 92121$665,350
Revenue and Support

Revenue Composition

Contributions and Grants
$1,739,195
Program Service Revenue
$42,820,332
Investment Income
$0
Other Revenue
$2,822,492
All Other Contributions
$1,739,195
Change in Net Assets
$-9,116,607
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$41,723,721
Salaries, Compensation, and Employee Benefits$14,774,905
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$24,344,187$449,672-$24,793,859
Other Salaries and Wages$9,304,147$1,632,706-$10,936,853
Office Expenses$6,635,616$604,371-$7,239,987
Occupancy$3,812,831$-18,582-$3,794,249
Other Employee Benefits$2,152,515$650,895-$2,803,410
Payroll Taxes$745,638$118,796-$864,434
Insurance$755,293$16,455-$771,748
Information Technology$164,910$390,707-$555,617
Depreciation Depletion$58,305$407,644-$465,949
All Other Expenses$190,960$60,433-$251,393
Pension Plan Contributions$156,079$14,129-$170,208
Advertising$3,210$120,011-$123,221
Fees for Services Management-$104,339-$104,339
Other Expenses$392,546$86,862-$86,862
Fees for Services Accounting-$54,605-$54,605
Conferences and Meetings$43,832$6,582-$50,414
Travel$8,919$22,455-$31,374
Fees for Services Legal$3,562--$3,562
Total Functional Expenses$51,396,089$5,102,537$0$56,498,626
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to Pasadena Hospital Association$63,644,184
Rou Based Liabilities$4,594,233
Accrued Payroll and Employee Benefit$4,088,753
Due to Bank$302,583
Payable to Cmbs$25,829
Payable to Hill Medical$16,921
Payable to Hopic$8,059
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Business relationship between officers, directors, or key employees - lori morgan, md, rajinder takhar, bianca grigorian, md, shital arya, md, steven mohr, ronald olah, md, shant kazazian, md, stephanie mackanic, md, and alipasha adrangui, md, have a business relationship as employees of a related organization.

Form 990, Part VI, Section A, Line 6

The organization has a sole corporate member, pasadena hospital association(pha).

Form 990, Part VI, Section A, Line 7A

Member may appoint any or all of the directors, except ex officio directors.

Form 990, Part VI, Section A, Line 7B

The following actions of the board are not valid, and shall not be implemented until approved by the member: (1) any expenditures which individually or in the aggregate exceed the corporation's budget by more than 10% annually; (2) adopt any article or bylaw change (3) implement any major corporate acts including merger, consolidation, affiliation, dissolution, sale or transfer of substantial portion of the corporation's assets; (4) materially change the business or business purpose of the corporation, or the locations at which such business is operated; (5) adopt the annual capital and operating budgets and strategic plans for the corporation; (6) significantly change clinical care and/or service lines provided by the corporation; (7) incur or guaranty any indebtedness (including, without limitation, any capital lease); (8) initiate litigation or arbitration in the name of the corporation as a plaintiff.

Form 990, Part VI, Section B, Line 10B

As of august 4, 2021, huntington hospital is an affiliate of cedars-sinai health system. Cedars-sinai health system was established in 2017 to bring together a collaborative network of high-quality healthcare institutions to share resources and expertise. Expanding patient access to convenient and affordable clinical care is a fundamental goal of the nonprofit health system. Cedars-sinai health system comprises: cedars-sinai (including the 889-bed cedars-sinai medical center and the 133-bed cedars-sinai marina del ray hospital, a network of physicians and ambulatory services at more than 40 locations throughout southern california); torrance memorial (including the 610-bed torrance memorial medical center and its network of physicians and medical offices throughout the south bay); huntington hospital (including the 619-bed huntington hospital with its medical offices and physician network); and joint ventures such as california rehabilitation institute and cedars-sinai providence tarzana medical center. The affiliation enables each institution to continue the unique relationships each has with the communities it serves, while providing a platform for a wide variety of collaborations to better serve the region.

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

Form 990 and all related schedules were reviewed internally with senior management. All questions and changes proposed were addressed prior to filing.

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

The operations of huntington medical foundation (foundation) provide a vital healthcare service and are subject to the scrutiny of governmental agencies and members of the general public. The individuals who, by virtue of their positions with the foundation, can commit the organization in financial dealings must be ever mindful of potential conflicts between duties imposed by their positions and their personal interests. If any interested person or family member obtains a substantial financial interest in, or becomes a director, officer, employee or agent of, any supplier, purchaser or competitor, the interested person shall disclose such interest as provided in the procedure. Monitoring and enforcing compliance with the conflict of interest policy: all the board members have signed the conflict of interest policy. It will be enforced by review of the questionnaire for potential conflicts by the ceo, and, if necessary, the board president will speak with any director who has a potential conflict to make a final determination. Any director with a conflict is not involved in the decision-making process for any transaction in which a conflict may exist.

Form 990, Part VI, Section B, Line 15

Many of the key executives of the organization are compensated by pasadena hospital association, ltd. (pha), a related organization. Therefore, their compensation is governed by pha compensation policy.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements of the organization are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Huntington Medical Foundation
EIN
95-4434428
Phone
6263978306
Address
100 W CALIFORNIA BLVD, PASADENA, CA 91105
Doing Business As
Dba Huntington Health Physicians

Signing Officer

Name
Rajinder Takhar
Title
CEO
Phone
6263975914
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rajinder Takhar
Formed
1993
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
5
Employees
192
Volunteers
0

Preparer

Firm
Lucas Horsfall Advisors LLC
Address
299 N EUCLID AVENUE 2ND FLOOR, PASADENA, CA 91101
Preparer
Michael P Amerio
Phone
6267445100
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4, Questions 4A-C

Addtl statement regarding program service accomplishments founded in 1994, the huntington medical foundation's (hmf)dba huntington health physicians, mission is to provide the highest quality, most patient friendly healthcare to the community through innovative programs, dedicated professionals and the creation of synergistic collaborations between the private and public sectors. Hmf is a california nonprofit, public benefit corporation located in the san gabriel valley and affiliated with pasadena hospital association, dba huntington hospital. We are dedicated to improving the efficiency and utilization of health services while maintaining an important balance in the quality of care delivered to the community. The primary objective of hmf is the operation of a health management services organization to provide medical services to the community. Hmf provides health and educational services to the local community such as: -provides immunization fairs, employee screenings, and health and wellness consultations to the local business community around the san gabriel valley. -provides health care and prevention services to the community. -provides breast health, cancer screening and diagnostic services through the jim & eleanor randall breast center, located at the huntington pavillion in pasadena. Services include mammography, ultrasound, biopsy,education and research. -participates, hosts, sponsors and provides health education services to the community through programs at local schools and other agencies on topics such as effective parenting, diet and weight management, asthma, and sex education for parents and youth. -promotes the overall health of the community at large, partnering with the pasadena health consortium, to provide services that focus on improving the health, welfare and general quality of life to the residents of the community. -actively participates in medical research programs in partnership with huntington hospital. -the huntington medical foundation currently has physicians boarded in internal medicine, family medicine, pediatrics, endocrinology, pediatric endocrinology, addiction medicine,pulmonology, rheumatology, palliative care, pathology and physical medicine and rehab. -the huntington medical foundation has a proven history of providing chronic care to patients in the san gabriel valley. Hmf manages three adult medicine offices, three pediatric offices, two specialty care offices,an immunization clinic, as well as joint ventures with huntington hospital,including a residency program for outpatient care, lab draw stations in physician offices, and billing services to various hospital outpatient services. In september 2016, huntington medical foundation acquired the jim and eleanor randall breast center which offers breast cancer screening, research, education and diagnostic services through mammography, ultrasound and biopsy. In january 2017, huntington medical foundation added hospitalists and palliative care specialists to offer improved transitions of care between inpatient and primary care services. In 2019, hhp extended their scope of services to the community by adding pathology in-patient endocrinology and physical medicine & rehab. Locations & address: adult medicine offices: 10 congress street, suite 208, pasadena, ca 91105 375 huntington drive, suite g, sam marino, ca 91108 65 n madison ave., suite 800, pasadena, ca 91101 pediatric offices: 800 south fairmount, suite 310, pasadena, ca 91105 1346 foothill blvd., suite 204, la canada, ca 91011 301 huntington drive, suite 320 arcadia, ca 91006 specialty care offices: 55 e. California blvd., suite 201, pasadena, ca 91105 10 congress street, suite 210, pasadena, ca 91105

Form 990, Part IX, Line 11G

Psa medical group: program service expenses 24,383,598. Management and general expenses 161,749. Fundraising expenses 0. Total expenses 24,545,347. Outside services: program service expenses -39,411. Management and general expenses 287,923. Fundraising expenses 0. Total expenses 248,512.

Schedule R, Part I

As of 1/1/2024, huntington ambulatory surgery center is 100% owned by huntington medical foundation (dba huntington health physicians).

Financial Statement Notes

PART X, LINE 2:

The group completed an analysis of its tax positions, in accordance with accounting standards codification 740, income taxes, and determined that there are no uncertain tax positions taken or expected to be taken. The group has recognized no interest or penalties related to uncertain tax positions. The group is subject to routine audits by the taxiing jurisdictions; however, there are currently no audits for any tax periods in progress. The group believes it is no longer subject to income tax examinations for years prior to 2015.

Raw XML AppendixShowing 400 of 1,088 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.

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IRS990/ActivityOrMissionDesc0PROVIDE THE HIGHEST QUALITY, MOST PATIENT FRIENDLY HEALTHCARE THROUGH INNOVATIVE PROGRAMS. WE ARE RESPONSIVE TO OUR COMMUNITY'S NEED AND SENSITIVE TO FINANCIAL RESPONSIBILITY.
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IRS990/MissionDesc0PROVIDE THE HIGHEST QUALITY, MOST PATIENT FRIENDLY HEALTHCARE THROUGH INNOVATIVE PROGRAMS. WE ARE RESPONSIVE TO OUR COMMUNITY'S NEED AND SENSITIVE TO FINANCIAL RESPONSIBLITY.
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IRS990/ProgSrvcAccomActy2Grp/Desc0HUNTINGTON MEDICAL FOUNDATION PROVIDES BREAST HEALTH, CANCER SCREENING AND DIAGNOSIS SERVICES THROUGH THE JIM & ELEANOR RANDALL BREAST CENTER, LOCATED AT THE HUNTINGTON PAVILION IN PASADENA. SERVICES INCLUDE MAMMOGRAPHY, ULTRASOUND, BIOPSY, EDUCATION AND RESEARCH. SEE SCHEDULE O FOR ADDITIONAL DETAILS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0HUNTINGTON MEDICAL FOUNDATION ACTIVELY PARTICIPATES IN PATHOLOGY SERVICES. SEE SCHEDULE O FOR ADDITIONAL DETAILS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0HUNTINGTON MEDICAL FOUNDATION PROVIDES HEALTH CARE AND PREVENTION SERVICES TO THE COMMUNITY.
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