Torrance Memorial Medical Center
Torrance, CA · EIN 95-1644042 · Health care · Rank 671 by total revenue
See schedule o.
Money, Form 990 for tax year 2024
- Total revenue
- $974,268,532
- Total expenses
- $907,507,564
- Total assets
- $1,399,289,653
- Salary base (all salaries and wages)
- $379,802,673
- Salaries, other pay and benefits
- $529,672,967
- Employees
- 4,674
- Salary base per employee
- $81,259
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (19)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Keith Hobbs | PRESIDENT/CEO | Board, Officer | 20 | $1,403,205 |
| William Larson | Sr VP Finance/Chief Finance Officer | Officer | 20 | $719,025 |
| Craig D Leach | TREASURER | Board, Officer | 20 | $55,000 |
| Eric Milefchik | Vice Chairman | Board, Officer | 1 | None reported |
| Greg Geiger | Chairman | Board, Officer | 1 | None reported |
| Sherry Kramer | Secretary | Board, Officer | 1 | None reported |
| Derek Berz | Sr VP Chief Administrative Officer | Key employee | 40 | $776,800 |
| Mary Wright | Sr VP Chief Nursing Services | Key employee | 40 | $729,411 |
| Bernadette Reid | SR VP INFORMATION TECHNOLOGY | Key employee | 20 | $715,081 |
| Heather Shay | VP ACCRED & QUALITY SERVICES | Key employee | 40 | $563,588 |
| Zachary Gray | Sr VP Chief Medical Officer | Key employee | 40 | $558,174 |
| Shanna Hall | VP Nursing Services | Key employee | 40 | $541,067 |
| Donna Duperron | Board Member | Board | 1 | None reported |
| Joe Hohm | Board Member | Board | 1 | None reported |
| Kate Crane | Board Member | Board | 1 | None reported |
| Rashaan Ali-Jones | Board Member | Board | 1 | None reported |
| Susan Welch | Board Member | Board | 1 | None reported |
| Tracy Underwood | Board Member | Board | 1 | None reported |
| Victoria Shin | Board Member | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $7,081,203, which is 1.9% of the $379,802,673 salary base shared by 4,674 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Keith Hobbs | PRESIDENT/CEO | Board, Officer | 20 | $0 | $1,139,106 | $264,099 | $1,403,205 |
| Derek Berz | Sr VP Chief Administrative Officer | Key employee | 40 | $0 | $615,015 | $161,785 | $776,800 |
| Mary Wright | Sr VP Chief Nursing Services | Key employee | 40 | $0 | $594,333 | $135,078 | $729,411 |
| William Larson | Sr VP Finance/Chief Finance Officer | Officer | 20 | $0 | $589,057 | $129,968 | $719,025 |
| Bernadette Reid | SR VP INFORMATION TECHNOLOGY | Key employee | 20 | $0 | $601,464 | $113,617 | $715,081 |
| Heather Shay | VP ACCRED & QUALITY SERVICES | Key employee | 40 | $0 | $504,942 | $58,646 | $563,588 |
| Zachary Gray | Sr VP Chief Medical Officer | Key employee | 40 | $0 | $538,261 | $19,913 | $558,174 |
| Laura Schenasi | EXEC VP TMMC FOUNDATION | Highly paid employee | 40 | $0 | $483,958 | $59,829 | $543,787 |
| Shanna Hall | VP Nursing Services | Key employee | 40 | $0 | $499,119 | $41,948 | $541,067 |
| Linda Dobie | VP Legal Affairs (retired) | Highly paid employee | 40 | $0 | $464,159 | $66,906 | $531,065 |
Sources
- IRS e-file return 202621349349307477 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 95-1644042
- Organization website (as filed): www.torrancememorial.org