OVERLAKE MEDICAL CENTER & CLINICS Charity Report

Public IRS 990 nonprofit record

OVERLAKE MEDICAL CENTER & CLINICS

EIN 91-0652651 · Health Care (E220)

What they do

to PROVIDE HEALTH CARE RELATED SERVICES WHICH ARE RESPONSIVE to THE NEEDS and CONCERNS of THE COMMUNITY BY PROVIDING COMPREHENSIVE HOSPITAL and OTHER HEALTHCARE and WELLNESS RELATED SERVICES, PROVIDING EDUCATIONAL FACILITIES and ACTIVITIES RELATED to MEDICAL CARE, WELLNESS or THE PROMOTION of HEALTH, PARTICIPATE IN RESEARCH and OTHER ACTIVITIES DESIGNED to PROMOTE GENERAL HEALTH of THE COMMUNITY. THE HOSPITALS MISSION is to PROVIDE COMPASSIONATE CARE for EVERY LIFE WE TOUCH.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders33 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

86.77%of revenue went to mission work85.2% of expenses · Program services

$101.87spent for every $100 of revenueSpending was higher than revenue this year.

15.10%of revenue went to management and office costs14.8% of expenses

$0.95in assets for every $1 spent this yearSome assets cannot be spent right away.

2.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $15,927,128 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $1,753,669 for J MICHAEL MARSH (PRESIDENT & CEO THRU 01/25). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$851,950,642

Mission workProgram services$739,259,40186.77% of revenue85.2% of expenses

ManagementOffice and general costs$128,618,36915.10% of revenue14.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$867,877,770101.87% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 85.2% mission · 14.8% management · 0.0% fundraisingTotal expenses: 101.87% of revenue

2023Expense mix: 82.9% mission · 17.1% management · 0.0% fundraisingTotal expenses: 103.14% of revenue

2022Expense mix: 83.6% mission · 16.4% management · 0.0% fundraisingTotal expenses: 106.26% of revenue

2021Expense mix: 79.5% mission · 20.5% management · 0.0% fundraisingTotal expenses: 101.60% of revenue

2020Expense mix: 79.8% mission · 20.2% management · 0.0% fundraisingTotal expenses: 96.12% of revenue

2019Expense mix: 81.5% mission · 18.5% management · 0.0% fundraisingTotal expenses: 98.76% of revenue

2018Expense mix: 82.7% mission · 17.3% management · 0.0% fundraisingTotal expenses: 93.74% of revenue

2017Expense mix: 83.0% mission · 17.0% management · 0.0% fundraisingTotal expenses: 93.89% of revenue

Money in and money out

Revenue$851,950,642

Expenses$867,877,770

Annual shortfall $15,927,128 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$739,259,401 · 85.2% of expenses

Management and office costs$128,618,369 · 14.8% of expenses

See all reported dollar amounts

Revenue$851,950,642

Expenses$867,877,770

Assets$820,156,444

Income$1,473,018,859

Contributions$17,424,623

Mission work (program services)$739,259,401

Grants given$23,848,955

Average grant$171,575

Management and general$128,618,369

Executive compensation (total)$3,843,623

Stocks and bonds$243,482,925

Investing fees$420,295

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

J MICHAEL MARSHPRESIDENT & CEO THRU 01/25 · 49 hrs/week $1,753,669Base $1,602,146 · Other $151,523

MAHEER GANDHAVADICARDIOLOGIST · 40 hrs/week $1,545,099Base $1,494,897 · Other $50,202

ELLIOT MINNEUROSURGEON · 40 hrs/week $1,229,818Base $1,186,627 · Other $43,191

DEREK RODRIGUESCARDIOLOGIST · 40 hrs/week $1,190,634Base $1,142,204 · Other $48,430

ASIF KHANNEUROSURGEON · 40 hrs/week $1,095,817Base $1,045,680 · Other $50,137

DAVID W NELSONCARDIAC SURGEON · 40 hrs/week $1,056,804Base $1,000,218 · Other $56,586

KELAN R KOENIGOC PHYSICIAN EXECUTIVE · 60 hrs/week $874,253Base $775,871 · Other $98,382

MICHELLE CURRYCHIEF NURSING OFFICER · 55 hrs/week $654,380Base $591,558 · Other $62,822

SCOTT WATERSCHIEF INFORMATION OFFICER · 50 hrs/week $633,358Base $545,130 · Other $88,228

JONATHAN DUARTEPRESIDENT & CEO FROM 01/25 · 55 hrs/week $593,440Base $528,387 · Other $65,053

VALERIE CHRUSCIELOC CHIEF OPERATING OFFICER · 65 hrs/week $530,766Base $462,905 · Other $67,861

DAVID J WINOKURCHIEF ADMINISTRATIVE OFFICER · 50 hrs/week $434,295Base $368,035 · Other $66,260

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (33)

J MICHAEL MARSHPRESIDENT & CEO THRU 01/25

MAHEER GANDHAVADICARDIOLOGIST

ELLIOT MINNEUROSURGEON

DEREK RODRIGUESCARDIOLOGIST

ASIF KHANNEUROSURGEON

DAVID W NELSONCARDIAC SURGEON

KELAN R KOENIGOC PHYSICIAN EXECUTIVE

MICHELLE CURRYCHIEF NURSING OFFICER

SCOTT WATERSCHIEF INFORMATION OFFICER

JONATHAN DUARTEPRESIDENT & CEO FROM 01/25

VALERIE CHRUSCIELOC CHIEF OPERATING OFFICER

DAVID J WINOKURCHIEF ADMINISTRATIVE OFFICER

PAUL ISHIZUKAINTERIM CFO FROM 03/24 TO 11/24

ANDREW TOKARCFO THRU 04/24

CHRISSY YAMADAINTERIM CFO FROM 11/24

STEVE SCHWARZTRUSTEE

JULIE SUNTRUSTEE THRU 12/24

PATRICIA BEDIENTTRUSTEE

PAULINE BACHTRUSTEE

TED HERBTRUSTEE

TIFFANY KOENIGTREASURER

TOM EVERTCHAIR

MARTHA LEETRUSTEE THRU 12/24

LISA WISSNER-SLIVKASECRETARY

LINDA MAHAFFEYTRUSTEE THRU 12/24

KRISTINA BELFIORETRUSTEE

JESSIE WOOLLEY-WILSONTRUSTEE THRU 12/24

JASON THOMPSONCHAIR THRU 12/24

JAMES LADDTRUSTEE THRU 12/24

DILIP WAGLETRUSTEE

DENISE MERLETRUSTEE

BENJAMIN LIUTRUSTEE

ANNETTE CLARKCHAIR ELECT

About this charity

Recognized since: January 1965
Location: 1035 116TH AVE NE, BELLEVUE, WA 98004-4604
County: King
In care of: % JONATHAN DUARTE
Primary officer: JONATHAN DUARTE, PRESIDENT AND CEO

How to reach them

WebsiteVisit the charity’s website Phone(425) 688-5000

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CLARK NUBER PS
NTEE classification: Health Care (E220)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes