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EIN 95-1644042

Torrance Memorial Medical Center

IRS 501(c) type
501(c)(3)
Num. employees
4,426
City
Torrance
State
California
Year formed
1925
Most recent tax filings
2023-06-01
NTEE code, primary
E22: Hospital, General
Description
Torrance Memorial Medical Center is a locally governed, 446-bed, non-profit medical center, which provides quality healthcare services, predominantly to the residents of the South Bay, Peninsula and Harbor communities of Los Angeles County.
Total revenues
$839,794,816
2023
Total expenses
$790,447,555
2023
Total assets
$1,286,888,076
2023
Num. employees
4,426
2023

Grants made by Torrance Memorial Medical Center

GranteeGrant descriptionAmount
Venice Family ClinicMental Health SVCS$50,000
Volunteer Center South Bay Harbor Long BeachMental Health Services$25,000
Harbor Interfaith ServicesEmpower Homeless Population$22,000
...and 1 more grant made

Who funds Torrance Memorial Medical Center

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Torrance Memorial Medical Center Health Care FoundationSupport TMMC$16,400,000
Kennedy Health Services Corporation$550,000
Torrance Memorial Medical Center Auxiliary$205,341
...and 3 more grants received

Personnel at Torrance Memorial Medical Center

NameTitleCompensation
Craig LeachChief Executive Officer$0
Derek BerzSenior Vice President and Chief Operating Officer$0
Bill LarsonSenior Vice President and Chief Financial Officer
William LarsonChief Financial Officer$0
Bernadette ReidSenior Vice President of Information Technology and Chief Information Officer$0
...and 18 more key personnel

Financials for Torrance Memorial Medical Center

RevenuesFYE 06/2023
Total grants, contributions, etc.$25,532,002
Program services$805,075,456
Investment income and dividends$8,403,215
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$177,996
Net gain from sale of non-inventory assets$-730,147
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,336,294
Total revenues$839,794,816

Form 990s for Torrance Memorial Medical Center

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-16990View PDF
2021-062022-05-16990View PDF
2020-062021-05-18990View PDF
2019-062020-12-11990View PDF
...and 10 more Form 990s

Organizations like Torrance Memorial Medical Center

OrganizationLocationRevenue
Hays Medical CenterHays, KS$231,596,911
Yuma Regional Medical CenterYuma, AZ$832,437,989
Atrium Health Wake Forest Baptist MeWinstonsalem, NC$2,499,734,301
Sharp Memorial HospitalSan Diego, CA$1,539,570,652
Greater Baltimore Medical Center (GBMC)Baltimore, MD$624,667,819
The Christ Hospital Health NetworkCincinnati, OH$1,300,788,434
Hoag Memorial Hospital PresbyterianNewport Beach, CA$1,646,507,596
Concord HospitalConcord, NH$623,479,394
Rhode Island HospitalProvidence, RI$1,984,938,739
Boston Medical Center Corporation (BMC)Boston, MA$2,380,282,356
Data update history
July 16, 2024
Updated personnel
Identified 2 new personnel
July 13, 2024
Received grants
Identified 1 new grant, including a grant for $16,400,000 from Torrance Memorial Medical Center Health Care Foundation
July 9, 2024
Posted financials
Added Form 990 for fiscal year 2023
October 25, 2023
Received grants
Identified 4 new grant, including a grant for $15,031,450 from Torrance Memorial Medical Center Health Care Foundation
August 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
HospitalsHealth organizationsHeadquarter / parent organizations
Issues
Health
Characteristics
LobbyingOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
Address
3330 Lomita Blvd
Torrance, CA 90505
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Phone
(310) 325-9110
Facebook page
torrancememorial 
Twitter profile
@tmmcnews 
IRS details
EIN
95-1644042
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1925
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E22: Hospital, General
NAICS code, primary
622: Hospitals
Parent/child status
Central organization
California AB-488 details
AB 488 status
Undetermined
Charity Registration status
Not Registered
FTB status revoked
Not revoked
AG Registration Number
None yet
FTB Entity ID
0093168
AB 488 data last updated ("as-of") date
2024-10-16
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