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Kaiser Hospital Asset Management Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 943299125 ✦ Oakland, CA ✦ Designated as a 501(c)(3)

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Overview

What is Kaiser Hospital Asset Management Inc?

Kaiser Hospital Asset Management Inc, a supporting organization based in Oakland, California, is dedicated to acquiring and managing medical equipment essential for delivering healthcare services at various Kaiser Permanente managed care facilities. This nonprofit organization plays a crucial role in ensuring the proper functioning of medical equipment at these facilities.

What are the reviews and ratings of this charity?

Charity Navigator Rating 79% - Three-Star out of Four Star Rating

Kaiser Hospital Asset Management Inc. has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization achieved an impressive score of 79%, driven primarily by its strong financial practices. Notably, there were no material diversions of assets, and the organization has established comprehensive policies regarding conflict of interest and whistleblower protections.

The nonprofit excels in maintaining transparency and accountability, with a program expense ratio of 99.54%, indicating that almost all its expenses are directed toward programs rather than administrative costs. Additionally, the organization scores full points in audit oversight, reinforcing its commitment to fiscal responsibility and oversight.

Despite its strengths, the overall score is based solely on financial metrics, suggesting that potential donors and stakeholders may want to look for additional information regarding program impact and outcomes to gain a more complete understanding of the organization's effectiveness in achieving its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Kaiser Hospital Asset Management Inc legitimate?

Kaiser Hospital Asset Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kaiser Hospital Asset Management Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Kaiser Hospital Asset Management Inc?

Kaiser Hospital Asset Management Inc serves as a supporting organization, procuring essential medical equipment for the efficient delivery of healthcare services at various Kaiser Permanente managed care facilities. Their mission encompasses the acquisition and management of medical equipment used in the provision of medical care at these facilities. This vital role ensures that the necessary resources are available to maintain a high standard of care for patients.

Who is the CEO of Kaiser Hospital Asset Management Inc?

Thomas R Meier is the Principal Officer of Kaiser Hospital Asset Management Inc.

What is the revenue of Kaiser Hospital Asset Management Inc?

Kaiser Hospital Asset Management Inc's revenue in 2022 was $184,937,617.

Who are the executives of Kaiser Hospital Asset Management Inc and what are their salaries?


Here are 7 key members and their salaries:


Kathryn Lancaster (Evp & Chief Financial Officer)
  • Compensation: $0
  • Related: $5,726,249
  • Other: -$216,576
Mark Zemelman (Svp, General Counsel & Secy)
  • Compensation: $0
  • Related: $5,101,508
  • Other: $61,868
Vanessa Benavides (Svp,Chief Legal Officer & Secy)
  • Compensation: $0
  • Related: $1,466,903
  • Other: $207,776
Thomas Meier (President, Chair & Treasurer)
  • Compensation: $0
  • Related: $1,614,705
  • Other: -$90,086
Alfonse Upshaw (Svp,Corporate Controller & Cao)
  • Compensation: $0
  • Related: $1,101,434
  • Other: $12,111
Ryan Jenson (Interim Corp Controller & Cao)
  • Compensation: $0
  • Related: $659,683
  • Other: $5,379
Hong-Sze Yu (Vp, Brd & Corp Gov & Asst Secy)
  • Compensation: $0
  • Related: $471,975
  • Other: -$113,514
Where can I find the form 990 for Kaiser Hospital Asset Management Inc?

Kaiser Hospital Asset Management Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kaiser Hospital Asset Management Inc

Kaiser Hospital Asset Management, Inc., a supporting organization, plays a vital role in acquiring essential medical equipment for the delivery of healthcare services at various Kaiser Permanente managed care facilities. The organization's mission is to ensure that these facilities are equipped with the necessary tools to provide quality medical care to their patients.

In detail, Kaiser Hospital Asset Management, Inc. focuses on the acquisition and management of medical equipment used in the provision of healthcare services at various Kaiser Permanente managed care facilities. By acquiring and managing this equipment, the organization enables these facilities to offer optimal patient care and maintain a high standard of medical services.

Moreover, the work of Kaiser Hospital Asset Management, Inc. is crucial in supporting the day-to-day operations of Kaiser Permanente managed care facilities. The organization's commitment to acquiring and managing medical equipment ensures that these facilities remain well-equipped and able to address the varying needs of their patients effectively. This, in turn, contributes to the overall success and effectiveness of the healthcare services provided by Kaiser Permanente.

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Impact




October, 2024

Kaiser Hospital Asset Management Inc plays a crucial role in enhancing the quality and efficiency of healthcare delivery at Kaiser Permanente managed care facilities. By acquiring and managing essential medical equipment, the organization ensures that healthcare professionals have access to the tools needed for effective patient care. This support not only improves operational capabilities but also directly impacts patient outcomes by facilitating timely and quality treatment across various healthcare settings. Based in Oakland, CA, Kaiser Hospital Asset Management's focus on procuring necessary medical equipment underscores its commitment to strengthening healthcare infrastructure and supporting the broader mission of delivering comprehensive medical services.




This information is meant to be a general summary of Kaiser Hospital Asset Management Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$184,937,617 (2022)
Expenses
$184,302,879 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $184,937,617
  • Gross Receipts: $196,750,791

Assets and Liabilities:

  • Total Assets: $1,000,981,996
  • Total Liabilities: $113,245,600
  • Net Assets: $887,736,396

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LEASED MEDICAL EQUIPMENT

Revenue

$184,937,617

Organization Details

Founding Year

1998

Principal Officer

Thomas R Meier

Main Address

ONE KAISER PLAZA - 26TH FLOOR, OAKLAND, CA, 94612

NTEE Category

Code: E110 - Health

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