Tri-City Hospital Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO ADVANCE THE HEALTH AND WELLNESS OF OUR COMMUNITY BY SUPPORTING THE TRI-CITY MEDICAL CENTER.
- Income
- $5.5 million
- Spending
- $5.6 million
- Spent on programs
- 96%
- Reserves
- 3.4 months of spending
- Largest source of income
- donations and private grants, 99%
- Employees
- 0
- Volunteers
- 20
- Highest pay
- $236,381, president
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 74 out of 100. Higher than 48% of charities in its peer group (health care, $1m to $10m).
Reserves
20 of 35Spendable reserves would cover 3.4 months of spending.
Debt
16 of 20It owes 16% of what it owns.
Living within its means
8 of 15Spending exceeded income by 2% of income.
Income trend
15 of 15Income rose 47% on the year before.
Spending floor
15 of 1596% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 67% of charities in its peer group (health care, $1m to $10m).
Independent board
25 of 2519 of 19 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
15 of 15Its accounts were audited 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 June 30, 2025, 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 (1)
- $5.4 million spent. The Foundation is a supporting organization to the Tri-City Healthcare District dba Tri-City Medical Center (District) and provides grants for hospital programs, services and capital needs as approved by the Foundation Board. The Foundation is supported primarily through donor contributions and grants.The major projects accomplished this fiscal year under this program were:Emergency Department Remodel Project: $2,494,800We committed to a transformative $4.5 million redesign and renovation of our Emergency Department, launched in 2022. This project integrates sustainable design principles with operational innovation to create a more efficient, patient-centered department. Improvements in comfort, speed, and access will enhance the outstanding clinical outcomes for which the medical center is known.Once complete, this project strengthens our capacity to deliver high-quality emergency care to a socioeconomically diverse community, including a significant transient population.Spinal Navigation & Robotic System: $1,491,900In alignment with our mission, we invested in a state-of-the-art Spinal Navigation and Robotic System to advance the precision and safety of spinal surgery. This technology enables surgeons to perform complex procedures with greater accuracy, resulting in smaller incisions, faster recovery times, and improved outcomes for patients.By integrating advanced imaging with robotic guidance, this system enhances surgical planning and executionallowing physicians to navigate even the most intricate anatomy with confidence. This investment represents our continued commitment to ensuring that patients in our community have access to advanced, compassionate care comparable to that offered at major academic medical centers.Telemetry Equipment: $1,323,786When our aging telemetry monitors began to fail, we identified an immediate threat to patient safety and continuity of care. In response, we prioritized replacement of this critical equipment to ensure every patient continues to receive the highest level of monitoring and attention.Telemetry monitoring is essential to the early detection of cardiac and respiratory distress, enabling care teams to respond swiftly when seconds matter most. This investment reflects our dedication to safeguarding lives through vigilance and innovationensuring no compromise is ever made when it comes to patient care.Hospice Support: $52,959Funds provided compassionate support for hospice patients and their families, ensuring comfort, dignity, and peace during end-of-life care. The foundations contributions funded specialized equipment, bereavement services, and patient assistance programs that enhance quality of life and emotional well-being to patients and loved ones at every stage of life.Miscellaneous Program Support: $19,058Funds supported staff development, patient safety, and community engagement initiatives. This included Outpatient Behavioral Health staff training, hand hygiene compliance efforts, and a donated Hoyer Lift (GIK) to enhance patient care and safety. The foundation also contributed to the TCMC Holiday Party, Physician Appreciation and Stroke Awareness events, and attendance at the International Stroke Conference to advance clinical education. Additional support was provided for Campus Beautification and Patient Experience initiatives, the State of the Hospital event, and Parkinsons disease equipment purchases to improve patient services and outcomes.
Source: Form 990 for the year ending June 30, 2025, 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 June 2025.
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 April 1966.
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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