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Nonprofit · EIN 33-0073515

TORRANCE HEALTH ASSOCIATION INC

Tax-exempt · TORRANCE, CA 90505

Financials

$280.6M$302.2M2022$301.1M$331.2M2023$351.9M$381.6M2024
Revenue Expenses · by fiscal year end
Financials of TORRANCE HEALTH ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$351,870,496$381,551,782-$29,681,286$165,320,808$116,230,545$49,090,263
June 30, 2024990$301,059,163$331,162,530-$30,103,367$164,550,027$116,777,346$47,772,681
June 30, 2023990$280,618,946$302,193,919-$21,574,973$168,270,670$146,219,914$22,050,756
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$25,000
Program service revenue
$347,864,601
Investment income
$303,492
Net rental income
$3,677,403
Other revenue
$3,677,403

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,988,422
Other salaries and wages
$97,471,642
Salaries, compensation and benefits (total)
$118,473,609
Professional fundraising fees
$0
Legal fees
$44,981
Accounting fees
$142,120
Occupancy
$12,662,975
Travel
$22,520
Depreciation
$3,891,112
Program services (functional)
$361,965,061
Management and general (functional)
$19,586,721

Balance sheet and other

Total assets, start of year
$164,550,027
Total assets, end of year
$165,320,808
Total liabilities, end of year
$116,230,545
Net assets, end of year
$49,090,263
Land, buildings and equipment
$91,797,032
Publicly traded securities
$10,311,313
Net assets without donor restrictions
$49,090,263
Gross unrelated business income
$1,131,573
Gross receipts
$352,320,538
Employees
999
Volunteers
0
Year formed
1984
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Keith HobbsPRESIDENT/CEO
Trustee or director, Officer
20$1,139,106$264,099
Hugo HoolPhysician
Highest-paid employee
40$844,403$53,166
Syed JilaniPhysician
Highest-paid employee
40$838,403$53,166
Andrew HorodnerPhysician
Highest-paid employee
40$835,064$53,166
Thomas LowePhysician
Highest-paid employee
40$830,529$53,166
Donald B StriplinPhysician
Highest-paid employee
40$805,841$0
Chris RogersSr VP /Exec Officer of TMIPA
Key employee
40$616,271$146,208
William LarsonSr VP Finance/Chief Finance Officer
Officer
20$589,057$129,968
Bernadette ReidSr VP Information Technology
Key employee
20$601,464$113,617
Heidi AssigalSR. VP BUSINESS & OPERATIONS
Key employee
40$540,766$135,250
Sylvia DochtermanVP OPS, Mangaed Care TMIPA
Key employee
40$308,259$23,574
David PresserChief Medical Officer TMIPA
Key employee
40$172,436$45,659
Craig D LeachTREASURER
Trustee or director, Officer
22$55,000$0
Eric MilefchikVice Chairman
Trustee or director, Officer
1$0$0
Greg GeigerChairman
Trustee or director, Officer
1$0$0
8 more people on this return
NameTitleHours / weekCompensation
Sherry KramerSecretary
Trustee or director, Officer
1$0
Donna DuperronBoard Member
Trustee or director
1$0
Joe HohmBoard Member
Trustee or director
1$0
Kate CraneBoard Member
Trustee or director
1$0
Rashaan Ali-JonesBoard Member
Trustee or director
1$0
Susan WelchBoard Member
Trustee or director
1$0
Tracy UnderwoodBoard Member
Trustee or director
1$0
Victoria ShinBoard Member
Trustee or director
1$0
990 for the year ended June 30, 2024: 26 people
NameTitleHours / weekCompensationOther / benefits
Craig D LeachPRESIDENT/CEO (PART YEAR)/TREASURER
Trustee or director, Officer
22$1,605,909$61,192
Keith HobbsEXECUTIVE VP (PART YEAR)/PRESIDENT/CEO
Trustee or director, Officer
20$945,333$169,662
Donald B StriplinPhysician
Highest-paid employee
40$924,137$0
Hugo HoolPhysician
Highest-paid employee
40$807,015$46,345
Syed JilaniPhysician
Highest-paid employee
40$803,965$49,395
Andrew HorodnerPhysician
Highest-paid employee
40$802,432$49,095
Vanessa DickeyPhysician
Highest-paid employee
40$800,692$49,395
Chris RogersSr VP /Exec Officer of TMIPA
Key employee
40$567,147$114,593
William LarsonSr VP Finance/Chief Finance Officer
Officer
20$550,700$113,091
Bernadette ReidSr VP Information Technology
Key employee
20$530,017$98,882
Heidi AssigalSR. VP BUSINESS & OPERATIONS
Key employee
40$514,672$103,107
David PresserChief Medical Officer TMIPA
Key employee
40$363,842$46,853
Sylvia DochtermanVP OPS, Mangaed Care TMIPA
Key employee
40$310,261$26,813
John McNamaraSR VP - CHIEF MEDICAL OFFICER
Key employee
8.3$262,130$20,311
Zachary GrayVP Med Affairs/Sr VP Chief Medical Officer/Board Member (part year)
Trustee or director
1$160,666$2,706
Eric MilefchikVice Chairman
Trustee or director, Officer
1$0$0
Greg GeigerChairman
Trustee or director, Officer
1$0$0
Sherry KramerSecretary
Trustee or director, Officer
1$0$0
William Collier EsqTreasurer (part year)
Trustee or director, Officer
3$0$0
Donna DuperronBoard Member
Trustee or director
1$0$0
Joe HohmBoard Member
Trustee or director
1$0$0
Kate CraneBoard Member
Trustee or director
1$0$0
Rashaan Ali-JonesBoard Member
Trustee or director
1$0$0
Susan WelchBoard Member
Trustee or director
1$0$0
Tracy UnderwoodBoard Member
Trustee or director
1$0$0
Victoria ShinBoard Member
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 26 people
NameTitleHours / weekCompensationOther / benefits
Craig LeachPresident/CEO/Assist Treasurer
Trustee or director, Officer
22$1,315,993$244,276
Keith HobbsExecutive VP
Key employee
20$856,851$149,857
Donald B StriplinPhysician
Highest-paid employee
40$908,926$0
Jilani SyedPhysician
Highest-paid employee
40$849,302$45,704
Hugo HoolPhysician
Highest-paid employee
40$848,147$43,704
Vanessa DickeyPhysician
Highest-paid employee
40$843,397$48,454
Thomas LowePhysician
Highest-paid employee
40$844,185$46,454
Chris RogersSr VP/Exec Officer of TMIPA
Key employee
40$507,968$107,974
William LarsonSenior VP/Chief Finance Officer
Officer
20$475,502$103,120
Heidi AssigalSr. VP Business & Operations
Key employee
40$459,829$49,530
David Z PresserChief Medical Officer - TMIPA
Key employee
40$324,984$28,048
Sylvia DochtermanVP Ops, Managed Care TMIPA
Key employee
40$293,264$31,851
John McNamara MDSr VP - Chief Medical Officer
Key employee
8.3$285,057$18,905
Eric Milefchik MDVice Chairman
Trustee or director, Officer
1$0$0
Greg GeigerChairman
Trustee or director, Officer
1$0$0
Sherry KramerSecretary
Trustee or director, Officer
1$0$0
William Collier EsqTreasurer
Trustee or director, Officer
3$0$0
Amir Kaviani MDBoard Member - Part Year
Trustee or director
1$0$0
Donna DuperronBoard Member
Trustee or director
1$0$0
Joe HohmBoard Member
Trustee or director
1$0$0
Mary HarrisBoard Member - Part Year
Trustee or director
1$0$0
Rashaan Ali-Jones MDBoard Member
Trustee or director
1$0$0
Richard LucyBoard Member - Part Year
Trustee or director
1$0$0
Susan WelchBoard Member
Trustee or director
1$0$0
Tracy UnderwoodBoard Member
Trustee or director
1$0$0
Zac Gray MDBoard Member
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
23326 HAWTHORNE BLVD STE 300, TORRANCE, CA 90505-3757
In care of
% LANI WALKER
Principal officer (990 for 2024)
KEITH HOBBS, 3330 LOMITA BLVD, TORRANCE, CA 90505
Signed the 990
WILLIAM LARSON, CFO
Phone
(310) 784-3708
Return prepared by
ERNST & YOUNG US LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 33-0073515 or by the name TORRANCE HEALTH ASSOCIATION INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TORRANCE HEALTH ASSOCIATION (THA) SUPPORTS TORRANCE MEMORIAL MEDICAL CENTER (TMMC) AND ITS CHARITABLE MISSION OF PROVIDING HEALTH SERVICES TO THE COMMUNITY OF TORRANCE, CA AND SURROUNDING AREAS.

990 for the year ended June 30, 2025

Program accomplishments

  • TORRANCE 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 WHEN TO HAVE THEM. THE PARTNERSHIP WITH TORRANCE MEMORIAL HEALTH SYSTEM BRINGS VALUABLE RESOURCES THAT ENABLE THEM TO PROVIDE A HIGHER LEVEL OF COORDINATED, COMPASSIONATE, AND HIGHLY PERSONAL CARE. TMPN EMPHASIZES COMMUNICATION AND COLLABORATIVE APPROACH TO INTEGRATED CARE FOR THE WHOLE PATIENT.
    Expenses $222,071,209 · revenue $204,388,939
  • 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 COMPREHENSIVE APPROACH TO THE MEDICAL CARE OF ITS MEMBERS.
    Expenses $130,140,321 · revenue $138,468,925
  • 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.
    Expenses $9,753,531 · revenue $3,573,478
  • OTHER OPERATING REVENUE
    revenue $1,433,259

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
33-0073515
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1985
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E110)
Assets (IRS master file)
$165,320,808
Income (IRS master file)
$352,320,538

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$351,870,496$381,551,782$165,320,808IRS
990-TJune 2025–––IRS
990June 2024$301,059,163$331,162,530$164,550,027IRS
990-TJune 2024–––IRS
990June 2023$280,618,946$302,193,919$168,270,670XML
990-TJune 2023–––IRS
990June 2022$242,475,878$274,370,665$167,541,323IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 33-0073515).

Questions about TORRANCE HEALTH ASSOCIATION INC

What is the EIN of TORRANCE HEALTH ASSOCIATION INC?
The employer identification number (EIN) of TORRANCE HEALTH ASSOCIATION INC is 33-0073515.
Is TORRANCE HEALTH ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to TORRANCE HEALTH ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does TORRANCE HEALTH ASSOCIATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TORRANCE HEALTH ASSOCIATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TORRANCE HEALTH ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of TORRANCE HEALTH ASSOCIATION INC?
The 990 for the year ended June 30, 2025 names KEITH HOBBS.
Who are the officers and directors of TORRANCE HEALTH ASSOCIATION INC?
The 990 for the year ended June 30, 2025 lists 23 people; 13 received compensation from the organization, the highest $1,139,106 (Keith Hobbs, PRESIDENT/CEO).
How much revenue does TORRANCE HEALTH ASSOCIATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $351,870,496, expenses of $381,551,782 and total assets of $165,320,808 at year end.

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