California · Ranked 174 of 1033 by CEO pay.
Santa Barbara Cottage Hospital
Ronald Werft, President & CEO. Fiscal year ending 2024-12.
Form 990 Part VII, columns D+E+F
Schedule H Part I line 7a
Most of the reported compensation ($2,013,630 of $2,100,995) came from a related organization (Part VII column E) and was reported on this filing.
§1The filing
- Total revenue
- $1,259,543,941
- Total expenses
- $1,119,353,073
- Net assets
- $2,135,429,123
- Employees
- 4,208
- Hospitals covered
- 3 facilities across 3 filings
- Charity care, net
- $18,345,019
- Bad debt
- $0
- Medicare surplus (shortfall), as filed
- ($43,974,087)
- CEO pay from the organization (Part VII col. D)
- $0
- From related organizations (col. E)
- $2,013,630
- Other compensation, including deferred pay and nontaxable benefits (col. F)
- $87,365
- CEO total compensation (D+E+F)
- $2,100,995 to Ronald Werft
Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.
Source: Form 990, Santa Barbara Cottage Hospital, EIN 95-1644629, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title.
§2Community benefit versus charity care
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($0) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.
§3Filings in this system
| Filing entity | EIN | FY end | Revenue | Charity care | % of expenses | Filing |
|---|---|---|---|---|---|---|
| Santa Barbara Cottage Hospital | 95-1644629 | 2024-12 | $1.1B | $14.4M | 1.46% | 990 |
| Goleta Valley Cottage Hospital | 95-2413596 | 2024-12 | $139.7M | $2.8M | 2.72% | 990 |
| Santa Ynez Valley Cottage Hospital Inc | 95-2224265 | 2024-12 | $35.8M | $1.1M | 3.87% | 990 |
Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.
