Satellite Healthcare Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 35% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
SINCE 1973, THE MISSION HAS BEEN TO MAKE LIFE BETTER FOR THOSE LIVING WITH KIDNEY DISEASE BY SUPPORTING RESEARCH, PROVIDING EDUCATION, AND ENSURING ACCESS TO CARE FOR ALL PATIENTS WITH KIDNEY DISEASE.
- Income
- $91.8 million
- Spending
- $76.4 million
- Spent on programs
- 35%
- Reserves
- 7.3 months of spending
- Largest source of income
- investment income, 69%
- Employees
- 2,607
- Volunteers
- 0
- Highest pay
- $433,031, former coo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 53 out of 100. Higher than 37% of charities in its peer group (health care, $10m to $100m).
Reserves
28 of 35Spendable reserves would cover 7.3 months of spending.
Debt
10 of 20It owes 49% of what it owns.
Living within its means
15 of 15Income exceeded spending by 17% of income.
Income trend
0 of 15Income fell 32% on the year before.
Spending floor
0 of 1535% of spending went to programs.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 78 out of 100. Higher than 14% of charities in its peer group (health care, $10m to $100m).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $26.9 million spent. KIDNEY DIALYSIS: CHRONIC KIDNEY DISEASE ("CKD") IS A PUBLIC HEALTH PROBLEM IN THE UNITED STATES THAT IMPACTS APPROXIMATELY 37 MILLION AMERICANS. IT IS WELL KNOWN THAT HYPERTENSION AND DIABETES ARE TWO LEADING CAUSES OF KIDNEY FAILURE. THE 2021 UNITED STATES RENAL DATA SYSTEM REPORT SHOWS THAT OF 815,896 AMERICANS WHO LIVE WITH END STAGE RENAL DISEASE ("ESRD"), CLOSE TO 69.0% ARE TREATED BY DIALYSIS AND 31% WITH A KIDNEY TRANSPLANT. SATELLITE HEALTHCARE OWNS AND OPERATES 5 IN-CENTER HEMODIALYSIS FACILITIES (SATELLITE DIALYSIS) AND HOME DIALYSIS TRAINING CENTERS (WELLBOUND) PROVIDING A VARIETY OF TREATMENT OPTIONS TO OUR PATIENTS. IN 2024, SATELLITE HEALTHCARE PROVIDED OVER 112,801 DIALYSIS TREATMENTS AND SERVICES TO OVER 350 PATIENTS IN CALIFORNIA, HAWAII, AND TENNESSEE. IN ADDITION, SATELLITE EMPLOYEES PROVIDED DIALYSIS SERVICES TO PATIENTS AT AN ADDITIONAL 80 IN CENTER CLINICS THROUGH A MANAGEMENT SERVICES AGREEMENT WITH U.S RENAL CARE PROVIDING OVER 1 MILLION DIALYSIS TREATMENTS IN 2024.PERITONEAL DIALYSIS AND HOME HEMO CENTER: WELLBOUND, A SATELLITE HEALTHCARE COMPANY, IS THE FIRST HEALTHCARE SERVICES COMPANY TO SPECIALIZE IN THE DELIVERY AND SUPPORT OF DAILY HOME DIALYSIS THERAPIES THROUGH FREE-STANDING, PATIENT-FRIENDLY CENTERS OF EXCELLENCE. OUR UNIQUE CARE MODEL IS BUILT ON THE PREMISE THAT EARLY-STAGE PATIENT EDUCATION IS THE FIRST STEP IN AN EFFECTIVE TREATMENT PROGRAM. AS SUCH, WE DEDICATE SIGNIFICANT RESOURCES TO REACHING PATIENTS BEFORE THEY REQUIRE DIALYSIS. ONCE DIALYSIS IS REQUIRED, WELLBOUND'S GOAL IS TO ENABLE NEPHROLOGISTS TO EASILY OFFER SELF-CARE (HOME) DIALYSIS THERAPIES TO THEIR PATIENTS. WE STRIVE TO EMPOWER PATIENTS TO TAKE CHARGE OF THEIR HEALTH AND EXPERIENCE THE CLINICAL AND QUALITY OF LIFE BENEFITS ASSOCIATED WITH SELF-CARE DIALYSIS.WE STRIVE TO EMPOWER PATIENTS TO TAKE CHARGE OF THEIR HEALTH AND EXPERIENCE THE CLINICAL AND QUALITY OF LIFE BENEFITS ASSOCIATED WITH SELF-CARE DIALYSIS. SEE ALSO COMMUNITY BENEFIT REPORT BELOW.COMMUNITY BENEFIT REPORT: WE REMAINED TRUE TO OUR GOAL OF PROVIDING THE HIGHEST QUALITY, PATIENT-CENTERED CARE AND NEVER RESTED ON ITS LAURELS. AT OUR 5 CENTERS, WE PROVIDED MORE THAN 100,000 DIALYSIS TREATMENTS IN 2024. OUR PATIENTS AND REGULATORS EXPRESSED HIGH PRAISE FOR OUR EFFORTS. AN ANNUAL PATIENT EXPERIENCE SURVEY CONDUCTED SHOWED THAT 70 PERCENT OF SATELLITE CENTERS WERE RATED 4 OR 5 STARS OUT OF 5 STARS BY PATIENTS, COMPARED WITH THE NATIONAL AVERAGE OF 43%. IN THE 5-STAR RATINGS FOR QUALITY AWARDED BY CMS, 57 PERCENT OF OUR CENTERS ACHIEVED 4 OR 5 STARS, COMPARED WITH THE NATIONAL AVERAGE OF 23 PERCENT. THESE RATINGS ARE NO SMALL FEAT AND REFLECT THE SENTIMENTS OF IMPORTANT AND INFLUENTIAL AUDIENCES.IN 2024, OUR CHARITABLE CONTRIBUTIONS TOTALED $175,000 FOR UNCOMPENSATED CARE, GRANTS AND INTERNSHIPS. SATELLITE HEALTHCARE SUPPORTED VARIOUS NATIONAL KIDNEY FOUNDATION AND AMERICAN KIDNEY FUND ACTIVITIES. THESE ACTIVITIES ALLOWED US TO COLLABORATE WITH LONGTIME COMMUNITY PARTNERS ON EDUCATIONAL OPPORTUNITIES AND ADVOCACY EFFORTS, AMONG OTHERS.
- SATELLITE HEALTHCARE PROVIDED SCHOLARSHIPS AND INTERNSHIPS AND FELLOWSHIPS. SATELLITE HEALTHCARE SPONSORS FELLOWS FROM STANFORD UNIVERSITY AND OTHER ACADEMIC INSTITUTIONS TO HELP TRAIN AND INSPIRE THE NEXT GENERATION OF NEPHROLOGY CLINICAL AND RESEARCH PROFESSIONALS DURING A ONE-YEAR FELLOWSHIP AT SATELLITE HEALTHCARE. IN OUR FELLOWSHIP PROGRAM, NEPHROLOGY PHYSICIANS-IN-TRAINING SPEND A FELLOWSHIP YEAR AT SATELLITE HEALTHCARE FOCUSED ON DIALYSIS-RELATED RESEARCH AND QUALITY IMPROVEMENT PROJECTS DIRECTLY RELATED TO PATIENT CARE DELIVERY AT SATELLITE.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1973.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
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