Charity Impact Media

Home › Medical research

Sutter Bay Medical Foundation

Sacramento, CA · EIN 94-1156581 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Sutter Bay Medical Foundation reported $4.06 billion in revenue and $3.99 billion in expenses for calendar year 2024. Of every $100 it spent, $91.33 went to program services, $8.53 to management and general costs and $0.14 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.0% of the total. The highest compensation it reported for one person was $3,655,805 (SH SVP, COO/Asst Sec SBMF). 2,933 people received more than $100,000 in reportable compensation. Revenue rose 38% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $3.99B

For context, the median across 169 covered medical research charities: $87.02 programs, $12.87 management, $0.11 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $4.06B

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 169 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
91.3%83.9%
Management & general
Part IX 25(C) ÷ 25(A)
8.5%12.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.1%0.1%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.05$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.7%72.7%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
97.0%5.8%
Highest reported compensation
Part VII-A, columns D–F
$3,655,805$628,890
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.09%1.94%
People paid over $100,000
Part VII, line 2
2,93318
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.413.3
Independent voting board members
Part VI 1a–1b
12 of 1593.8%

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

2024 · Form 990, Part III · the three largest programs by expense
$3.65B expenses · 100.0% of program spending · grants $942K · revenue $3.94B

No description in Part III; see the filing.

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
SH SVP, COO/Asst Sec SBMF
Director/trustee, officer, 4.0 hrs/week
$0$3,326,965$328,840$3,655,805
CMO, STRATEGIC & PHLNTHRP INIT
Former, 0.0 hrs/week
$0$1,581,984$875,580$2,457,564
Former Interim Pres & CEO, SH
Former, 0.0 hrs/week
$0$2,252,729$0$2,252,729
SVP, Chf Phys Exec./pres sbmf
Director/trustee, officer, 4.0 hrs/week
$0$1,668,636$210,133$1,878,769
CMO, San Francisco Division
Former, 0.0 hrs/week
$0$1,220,554$651,730$1,872,284
President, Silicon Valley div
Key employee, 0.0 hrs/week
$0$1,014,176$726,657$1,740,833
FORMER SH SVP, CFO
Former, 0.0 hrs/week
$0$1,674,629$0$1,674,629
President, San Francisco Div
Key employee, 0.0 hrs/week
$0$835,362$694,024$1,529,386

2,933 people received more than $100,000 in reportable compensation from Sutter Bay Medical Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $0 (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$2.00B$4.00B$6.00B$8.00B201920202021202220232024$4.06B$3.99B
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$4.06B$3.99B91.3%$1.45B$3,655,805
2023 ⓘ$3.51B$3.45B91.7%$1.19B$11,497,041
2022 ⓘ$3.24B$3.13B91.9%$1.15B$5,400,410
2021 ⓘ$3.07B$3.08B91.4%$1.17B$9,539,510
2020 ⓘ$2.84B$2.89B90.4%$1.65B$3,562,675
2019 ⓘ$2.93B$2.89B90.9%$744M$5,470,157

Governance answers, as filed

2024 · 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–1b15 · 12 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 510,900
  • Volunteers Part I, line 659

Private foundation grants it received

4 private foundations reported grants to Sutter Bay Medical Foundation totaling $30,400 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Sutter Bay Medical Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Sutter Bay Medical Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All medical research charities · Largest charities in California

Questions people ask

How much of Sutter Bay Medical Foundation's spending goes to programs?

In calendar year 2024, Sutter Bay Medical Foundation reported that 91.3% of its $3.99 billion in expenses went to program services, 8.5% to management and general and 0.1% to fundraising (Form 990, Part IX).

How much does Sutter Bay Medical Foundation pay its top executive?

The largest total compensation Sutter Bay Medical Foundation reported for one person in calendar year 2024 was $3,655,805, for the role of SH SVP, COO/Asst Sec SBMF (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Sutter Bay Medical Foundation get its money?

Of $4.06 billion in revenue in calendar year 2024, 2.7% came from contributions and grants (including 0.0% from government grants) and 97.0% from program service revenue (Form 990, Part VIII).

Is Sutter Bay Medical Foundation a registered charity?

The IRS lists EIN 94-1156581 as a 501(c)(3) organization (hospital or medical research organization), 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

  • 2024: Form 990 for calendar year 2024, object 202543189349307599 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443199349319089 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303189349319775 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202320899349301667 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143189349301574 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202043179349308129 · read the filing

All filings for EIN 94-1156581: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.