Compensation 990

Verity Health System of California Inc. Howard B Grobstein Liquidating Trustee

Fiscal year ending 2020. Filed on May 10, 2021.

1500 Southgate Avenue Ste 102
Daly City, California 94015

Verity Health System of California Inc. Howard B Grobstein Liquidating Trustee (EIN: 91-2145484) has filed an IRS Form 990 from fiscal year 2018–2022. In its fiscal year 2020 IRS Form 990 filing, Verity Health System of California Inc. Howard B Grobstein Liquidating Trustee, a 501(c)(3) charitable organization, reported compensation for 31 out of 277 total employees. Among the employees shown here, the average compensation is $347,059. The highest compensated employee at Verity Health System of California Inc. Howard B Grobstein Liquidating Trustee is Richard Adcock with fiscal year 2020 compensation of $1,259,089. Verity Health System of California Inc. Howard B Grobstein Liquidating Trustee changed its name from Verity Health System of California Inc. in 2022.

Revenue, expenses, and employee compensation

Revenue

$185,770,779

Expenses

$172,308,386

Employee compensation

$28,055,571
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋219.2%vs 2019
Richard Adcock
Chief Executive Officer
$1,259,089
$1,243,370 from orgNo related comp$15,719 other
＋1.7%vs 2019
Eleanor Ramirez
Vice President, Program Development
$821,587
$805,293 from orgNo related comp$16,294 other
＋57.3%vs 2019
Elspeth Paul
General Counsel
$659,564
$643,065 from orgNo related comp$16,499 other
New in 2020
Tirso del Junco
Chief Medical Officer
$650,883
$650,103 from orgNo related comp$780 other
＋217.8%vs 2019
Anthony Armada
Chief Operating Officer
$619,348
$600,614 from orgNo related comp$18,734 other
－5.1%vs 2019
Michael Schweitzer
Pop. Health Chief (Thru 10/19)
$568,155
$555,243 from orgNo related comp$12,912 other
＋2.9%vs 2019
Mark Fratzke
Pres. and CEO SMCC (Thru 10/19)
$553,664
$532,782 from orgNo related comp$20,882 other
－2.8%vs 2019
Roy Pascale-Sonia
Vice President Assoc General Counsel
$553,577
$517,451 from orgNo related comp$36,126 other
－10.5%vs 2019
Anita Chou
CFO (Thru 10/19)
$469,520
$460,505 from orgNo related comp$9,015 other
－3.5%vs 2019
Steven Sharrer
Chief Human Resources Officer
$426,697
$418,005 from orgNo related comp$8,692 other
＋11.1%vs 2019
Margaret Pfeiffer
Vice President, Program Development
$396,500
$387,570 from orgNo related comp$8,930 other
－17.9%vs 2019
Ty Conner
Treasurer and Interim Controller
$326,001
$298,867 from orgNo related comp$27,134 other

Non-Employee Board Members

No board members were reported during this fiscal year.

Mission Statement

VERITY HEALTH SYSTEM OF CALIFORNIA, INC. ("VHS") WAS ORGANIZED AND OPERATED TO SUPPORT THE AFFILIATED HEALTHCARE FACILITIES BY 1) MAINTAINING ACUTE CARE HOSPITALS, MEDICAL CLINICS, MEDICAL FOUNDATIONS AND RELATED FACILITIES AND ENTERPRISES. 2) PROMOTED SCIENTIFIC RESEARCH RELATED TO HEALTHCARE SERVICES, 3) MAINTAINED HEALTHCARE ENTERPRISES USING SYSTEMS DESIGNED TO MAXIMIZE BENEFITS TO THE COMMUNITIES SERVED, 4) PROMOTED THE GENERAL HEALTH OF THE COMMUNITIES SERVED BY VERITY AND ITS AFFILIATED HEALTHCARE FACILITIES, AND, 5) PROVIDED FINANCIAL AND OTHER FORMS OF ASSISTANCE FOR THE BENEFIT OF ITS AFFILIATED HEALTHCARE FACILITIES AND THE COMMUNITIES THEY SERVED.

Revisions to this organization profile

November 14, 2022:
2022 Verity Health System of California Inc. Howard B Grobstein Liquidating Trustee 990 filed
May 16, 2022:
2021 Verity Health System of California Inc. Howard B Grobstein Liquidating Trustee 990 filed
May 10, 2021:
2020 Verity Health System of California Inc. Howard B Grobstein Liquidating Trustee 990 filed

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