Nonpartisan civic infrastructure
AllCiv·Legis1
·

Torrance Memorial Medical Center

Public charity990-T FY2023
DBA: % KAREN DESHAWN TAYLOR
Other · PARAMOUNT, CA · EIN 95-1644042

About

Torrance memorial medical center serves the public interest by: - improving the community health within the scope and expertise of our resources ; - offering the most current and effective technologies rendered in a compassionate, caring manner; and - maintaining long-term stability in order to assure our strength and viability for the benefit of the community.

In care of Karen Deshawn Taylor

Donations are tax-deductible
Category
Other
Employees
4,426
Volunteers
811

Financial Snapshot

FY ending 2023-06-30
Revenue
$839.8M
Expenses
$790.4M
Assets
$1.3B
Liabilities
$524.1M

Financial history

$839.8M$419.9M$0
1617181920212223
RevenueExpenses
Latest FY2023: $839.8M · Avg: $735.6M

Foreign activity (Schedule F)

Total spent abroad$14.9M
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
Central America and the Caribbean

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$47K
Grants Given
$172K
TORRANCE MEMORIAL MEDICAL CENTER
Your actions

Address

PO BOX 93
Paramount, CA, 90723-009

Governance

Voting board members11
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %0.0%
Permanent endowment %33.3%
Endowment held by related orgYes
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.