Torrance Health Association
Torrance Health Association reported $351.9 million in revenue and $381.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $94.87 went to program services, $5.13 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.9% of the total. The highest compensation it reported for one person was $1,403,205 (PRESIDENT/CEO). 217 people received more than $100,000 in reportable compensation. Revenue rose 85% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $382MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $352MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 94.9% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.1% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 98.9% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,403,205 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.37% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 217 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.5 | 6.6 |
| Independent voting board members Part VI 1a–1b | 9 of 12 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseTorrance memorial physician network (tmpn) is a primary care and multi-specialty network of physicians and health professionals focused on improving the lives and health of the population in the community. Their focus is on family and internal medicine, but also offers sub-specialty medical services such as endocrinology, rheumatology, ob-gyn, cancer care, palliative care, neurology, cardiology, pediatrics, pain management, orthopedics, radiology, physical therapy and rehabilitation, sleep studies, urgent care, and diabetes care. Tmpn provides guidance on what medical screening is needed and…
Torrance memorial ipa (tmipa) is a multi-specialty physician network that offers 180 primary care doctors and 474 specialists to its members as well as the nationally recognized torrance memorial medical center. Tmipa gives easy access to the south bay's leading doctors, specialists, and healthcare practitioners and has been serving the south bay community for over 30 years. They provide personalized, cutting-edge medical care to its members. The varied educational and experiential backgrounds of the tmipa leadership, ranging from medicine over public health to management, allow a broad and…
Tha provides facilities for the hospital's (tmmc) satellite breast diagnostic services. The satellite centers help make mammograms more accessible and available to women in the community. On behalf of torrance memorial medical center (tmmc), Torrance Health Association (tha) makes strategic financial and legal decisions, identifies available resources, and provides direction and guidance in order to maximize resources available for US in delivering cost-effective health care to the community
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO Director/trustee, officer, 20.0 hrs/week | $1,139,106 | $0 | $264,099 | $1,403,205 |
| Physician Highest compensated employee, 40.0 hrs/week | $844,403 | $0 | $53,166 | $897,569 |
| Physician Highest compensated employee, 40.0 hrs/week | $838,403 | $0 | $53,166 | $891,569 |
| Physician Highest compensated employee, 40.0 hrs/week | $835,064 | $0 | $53,166 | $888,230 |
| Physician Highest compensated employee, 40.0 hrs/week | $830,529 | $0 | $53,166 | $883,695 |
| Physician Highest compensated employee, 40.0 hrs/week | $805,841 | $0 | $0 | $805,841 |
| Sr VP /Exec Officer of TMIPA Key employee, 40.0 hrs/week | $616,271 | $0 | $146,208 | $762,479 |
| Sr VP Finance/Chief Finance Officer Officer, 20.0 hrs/week | $589,057 | $0 | $129,968 | $719,025 |
217 people received more than $100,000 in reportable compensation from Torrance Health Association (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.0M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b12 · 9 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5999
Correct a figure or respond
Every number above is copied from Torrance Health Association's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Torrance Health Association, you can publish a response that is linked from this page.
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Of every $100 Torrance Health Association spent in FY2025, $94.87 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Torrance Health Association's spending goes to programs?
In the fiscal year ending June 30, 2025, Torrance Health Association reported that 94.9% of its $381.6 million in expenses went to program services, 5.1% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Torrance Health Association pay its top executive?
The largest total compensation Torrance Health Association reported for one person in the fiscal year ending June 30, 2025 was $1,403,205, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Torrance Health Association get its money?
Of $351.9 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 98.9% from program service revenue (Form 990, Part VIII).
Is Torrance Health Association a registered charity?
The IRS lists EIN 33-0073515 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641339349308544 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349314068 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441359349312824 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349319139 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349301792 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101339349304200 · read the filing
All filings for EIN 33-0073515: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.