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Nonprofit · EIN 93-3573154

PALOMAR HEALTH FOUNDATION

Tax-exempt · ESCONDIDO, CA 92029

Financials

$2.4M$3.4M2021$2.8M$4.8M2022$5M$6.1M2023$3M$3.2M2024
Revenue Expenses · by fiscal year end
Financials of PALOMAR HEALTH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,025,141$3,160,533-$135,392$4,381,035$2,861,218$1,519,817
June 30, 2024990$4,968,358$6,111,428-$1,143,070$5,069,271$3,407,269$1,662,002
June 30, 2023990 (amended)$2,759,494$4,833,794-$2,074,300$5,270,425$2,570,561$2,699,864
June 30, 2022990 (amended)$2,361,196$3,392,555-$1,031,359$7,144,657$2,418,234$4,726,423
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,946,853
of which government grants
$961,209
Program service revenue
$0
Investment income
$88,500
Net gain from sales of assets
$48,061
Net income from fundraising events
-$10,212
Other revenue
-$10,212

Expenses

Grants and similar amounts paid
$2,415,269
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$6,234
Travel
$679
Depreciation
$5,154
Program services (functional)
$2,415,269
Management and general (functional)
$712,529
Fundraising (functional)
$32,735

Balance sheet and other

Total assets, start of year
$5,069,271
Total assets, end of year
$4,381,035
Total liabilities, end of year
$2,861,218
Net assets, end of year
$1,519,817
Land, buildings and equipment
$5,115
Publicly traded securities
$1,002,962
Net assets without donor restrictions
-$1,708,103
Net assets with donor restrictions
$3,227,920
Gross receipts
$3,041,530
Employees
0
Volunteers
0
Year formed
2006
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 / weekCompensation
KRISTIN GASPARPRESIDENT AND CEO
Officer
40$150,549
KIRK EFFINGERIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0
NELLY BULKINCHAIR
Trustee or director, Officer
1$0
DAVID WILSONSECRETARY
Trustee or director, Officer
1$0
SUSAN HERRERAVICE CHAIR
Trustee or director, Officer
1$0
TOM OESCHGERDIRECTOR
Trustee or director
1$0
DAWN LOPEZ MSN RNDIRECTOR
Trustee or director
1$0
NICK TORRESDIRECTOR
Trustee or director
1$0
JORGE MONRAZDIRECTOR
Trustee or director
1$0
ANDY MATHEWSDIRECTOR
Trustee or director
1$0
KEVIN BROWNDIRECTOR
Trustee or director
1$0
DANIEL CALAC MDDIRECTOR
Trustee or director
1$0
FRED NASSERIDIRECTOR
Trustee or director
1$0
HARDEEP PHULL MDDIRECTOR
Trustee or director
1$0
COREY LIUGETDIRECTOR
Trustee or director
1$0
2 more people on this return
NameTitleHours / weekCompensation
CHRIS THORNEDIRECTOR
Trustee or director
1$0
DAVID WALDENDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 20 people
NameTitleHours / weekCompensation
KRISTIN GASPARPRESIDENT AND CEO
Officer
40$159,849
KIRK EFFINGERCHAIR
Trustee or director, Officer
1$0
NELLY BULKINVICE CHAIR
Trustee or director, Officer
1$0
DAVID WILSONTREASURER
Trustee or director, Officer
1$0
FRED NASSERIDIRECTOR
Trustee or director
1$0
DANIEL CALC MDDIRECTOR
Trustee or director
1$0
KEVIN BROWNDIRECTOR
Trustee or director
1$0
SAURABH SHAH MDDIRECTOR
Trustee or director
1$0
HARDEEP PHULL MDDIRECTOR
Trustee or director
1$0
ROB PEWDIRECTOR
Trustee or director
1$0
TOM OESCHGERDIRECTOR
Trustee or director
1$0
NICK TORRESDIRECTOR
Trustee or director
1$0
TINA INSCOEDIRECTOR
Trustee or director
1$0
DAWN LOPEZ RNDIRECTOR
Trustee or director
1$0
SUSAN HERRERADIRECTOR
Trustee or director
1$0
PAULINE GOURDIEDIRECTOR
Trustee or director
1$0
JON C FRANDELLDIRECTOR
Trustee or director
1$0
OSMAN KHAWAR MDDIRECTOR
Trustee or director
1$0
ANDY MATHEWSDIRECTOR
Trustee or director
1$0
JORGE MONRAZDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2023: 17 people
NameTitleHours / weekCompensation
KRISTIN GASPARPRESIDENT AND CEO
Officer
40$136,715
KIRK EFFINGERCHAIR
Trustee or director, Officer
1$0
HARVEY HERSHKOWITZPAST CHAIR
Trustee or director, Officer
1$0
OSMAN KHAWAR MDVICE CHAIR
Trustee or director, Officer
1$0
DAVID WILSONTREASURER
Trustee or director, Officer
1$0
NELLY BULKINDIRECTOR
Trustee or director
1$0
JON C FRANDELLDIRECTOR
Trustee or director
1$0
PAULINE GOURDIEDIRECTOR
Trustee or director
1$0
SUSAN HERRERADIRECTOR
Trustee or director
1$0
DAWN LOPEZ RNDIRECTOR
Trustee or director
1$0
ANDY MATHEWSDIRECTOR
Trustee or director
1$0
JORGE MONRAZDIRECTOR
Trustee or director
1$0
FRED NASSERIDIRECTOR
Trustee or director
1$0
TOM OESCHGERDIRECTOR
Trustee or director
1$0
ROB PEWDIRECTOR
Trustee or director
1$0
HARDEEP PHULL MDDIRECTOR
Trustee or director
1$0
SAURABH SHAH MDDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2022: 18 people
NameTitleHours / weekCompensationOther / benefits
WAYNE HERRON - TERM 032021FORMER VICE PRESIDENT OF PHILANTHROPY
Former
40$313,180$0
KRISTIN GASPARPRESIDENT & CEO
Officer
40$103,014$593
KIRK EFFINGERCHAIRMAN
Trustee or director, Officer
1$0$0
HARVEY N HERSHKOWITZPAST CHAIR
Trustee or director, Officer
1$0$0
OSMAN KHAWAR MDVICE CHAIR
Trustee or director, Officer
1$0$0
DAVID WILSONTREASURER
Trustee or director, Officer
1$0$0
NELLY BULKINDIRECTOR
Trustee or director
1$0$0
JON C FRANDELLDIRECTOR
Trustee or director
1$0$0
PAULINE GOURDIEDIRECTOR
Trustee or director
1$0$0
SUSAN HERRERADIRECTOR
Trustee or director
1$0$0
DAWN LOPEZ RNDIRECTOR
Trustee or director
1$0$0
ANDY MATHEWSDIRECTOR
Trustee or director
1$0$0
JORGE MONRAZDIRECTOR
Trustee or director
1$0$0
FRED NASSERIDIRECTOR
Trustee or director
1$0$0
TOM OESCHGERDIRECTOR
Trustee or director
1$0$0
ROB PEWDIRECTOR
Trustee or director
1$0$0
HARDEEP PHULL MDDIRECTOR
Trustee or director
1$0$0
SAURABH SHAH MDDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2125 CITRACADO PARKWAY 340, ESCONDIDO, CA 92029-4159
In care of
% US BANK NA TTEE
Principal officer (990 for 2024)
KRISTIN GASPAR, 2125 CITRACADO PARKWAY 340, ESCONDIDO, CA 92029
Signed the 990
KRISTIN GASPAR, PRESIDENT
Phone
(760) 739-2787
Return prepared by
ALDRICH CPAS AND ADVISORS LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 93-3573154 or by the name PALOMAR HEALTH FOUNDATION.

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

Mission

TO PROVIDE ASSISTANCE AND SUPPORT TO PALOMAR HEALTH, A CALIFORNIA LOCAL HEALTHCARE DISTRICT.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDE ASSISTANCE AND SUPPORT TO PALOMAR HEALTH INCLUDING ASSISTANCE TO BUILD OUT PALOMAR MEDICAL CENTER EMERGENCY DEPARTMENT, PURCHASE OF GASTRO INTESTINAL MEDICAL EQUIPMENT, AND RENOVATION OF THE ATRIUM AT THE PALOMAR MEDICAL CENTER EMERGENCY DEPARTMENT.
    Expenses $2,415,269 · grants $2,415,269

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
93-3573154
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1987
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E22I)
Assets (IRS master file)
$4,381,035
Income (IRS master file)
$3,041,530

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,025,141$3,160,533$4,381,035IRS
990June 2024$4,968,358$6,111,428$5,069,271IRS
990June 2023$2,759,494$4,833,794$5,270,425XML
990June 2022$2,361,196$3,392,555$7,144,657XML
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––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 93-3573154).

Questions about PALOMAR HEALTH FOUNDATION

What is the EIN of PALOMAR HEALTH FOUNDATION?
The employer identification number (EIN) of PALOMAR HEALTH FOUNDATION is 93-3573154.
Is PALOMAR HEALTH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to PALOMAR HEALTH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PALOMAR HEALTH FOUNDATION 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 PALOMAR HEALTH FOUNDATION 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 PALOMAR HEALTH FOUNDATION 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 PALOMAR HEALTH FOUNDATION?
The 990 for the year ended June 30, 2025 names KRISTIN GASPAR.
Who are the officers and directors of PALOMAR HEALTH FOUNDATION?
The 990 for the year ended June 30, 2025 lists 17 people; 1 received compensation from the organization, the highest $150,549 (KRISTIN GASPAR, PRESIDENT AND CEO).
How much revenue does PALOMAR HEALTH FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,025,141, expenses of $3,160,533 and total assets of $4,381,035 at year end.

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