2023-11-06T15:50:36-06:00 2022-12-31 330700332 VASQUEZ COMPANY LLP 655 N CENTRAL AVE STE 1550 GLENDALE CA 91203 990 2022-01-01 753046480 WATTS HEALTHCARE CORPORATION WATT 3235683093 10300 COMPTON AVENUE LOS ANGELES CA 90002 BARRETT HATCHES PHD ACTING CEO 3235683093 2023-11-02 1 BARRETT HATCHES PHD 999009999 0 REGINA PRINCE CPA P00576936 2138731700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BARRETT HATCHES PHD 10300 COMPTON AVENUE LOS ANGELES CA 90002 39596154 0 X WWW.WATTSHEALTH.ORG X 2002 CA TO IMPROVE THE HEALTH AND WELL-BEING OF THE PEOPLE AND COMMUNITIES THAT WE SERVE BY ENSURING ACCESS TO COMPASSIONATE, QUALITY, CULTURALLY-SENSITIVE PREVENTIVE AND PRIMARY HEALTH CARE SERVICES. 8 8 320 10 0 0 23313309 18906919 16641117 20689235 0 0 0 0 39954426 39596154 0 0 0 0 23391898 22728881 0 0 132577 12978046 13530526 36369944 36259407 3584482 3336747 27937531 33455671 9178203 11359596 18759328 22096075 X TO OPERATE A MEDICAL CLINICS AND SHALL PROMOTE HEALTH AND OTHER PROGRAMS WITHIN THE CITY OF LOS ANGELES AND THE IMMEDIATELY SURROUNDING AREAS. 0 0 21505734 20689235 WATTS HEALTHCARE CORPORATION PROVIDES PRIMARY CARE PROGRAM SERVICES FEDERALLY UNDER HRSA GRANT SECTION 330 OF THE DEPARTMENT OF HEALTH AND HUMAN SERVICES. THROUGH THIS PROGRAM WITH ADDED STATE MEDI-CAL REVENUE AND FEDERAL FUNDING SUCH AS MEDICARE, WHCC PROVIDES PRIMARY MEDICAL CARE, DENTAL SERVICES, BEHAVIORAL HEALTH AND SPECIALTY SERVICES SUCH AS PODIATRY, OPTHALMOLOGY, AND OPTOMETRY. TOTAL NUMBER OF PATIENT SERVED WAS 18,770. 3450094 WIC PROGRAM - WATTS HEALTHCARE CORPORATION OFFERS WIC SERVICES IN FIVE LOCATIONS IN LOS ANGELES, COMPTON, AND HUNTINGTON PARK. WIC IS THE WOMEN, INFANTS AND CHILDREN (WIC) SUPPLEMENTAL NUTRITION PROGRAM WHICH SERVES LOW INCOME PREGNANT, BREASTFEEDING, AND POSTPARTUM WOMEN AND CHILDREN UNDER AGE FIVE WHO HAVE A NUTRITIONAL NEED. WIC IS A FEDERALLY FUNDED PROGRAM AND IS ADMINISTERED BY THE CALIFORNIA DEPARTMENT OF HEALTH SERVICES.WIC SERVICES ARE AVAILABLE TO ANYONE WHO LIVES IN CALIFORNIA AND MEETS THE PROGRAM GUIDELINES REGARDLESS OF RACE, COLOR, NATIONAL ORIGIN, GENDER, RELIGION, AGE, DISABILITY OR IMMIGRATION STATUS. WOMEN ARE ENCOURAGED TO ENROLL INTO WIC AS SOON AS THEY LEARN THEY ARE PREGNANT.THE GOALS OF THE WIC PROGRAM ARE: - TO DECREASE THE COMPLICATIONS OF PREGNANCY; - TO PREVENT LOW BIRTH WEIGHT BABIES; - TO DECREASE IRON DEFICIENCY ANEMIA; AND - TO PROMOTE OPTIMUM GROWTH AND DEVELOPMENT OF INFANTS AND YOUNG CHILDREN.WIC PROGRAM SERVICES INCLUDE: - WIC BENEFITS FOR NUTRITIOUS FOODS, - NUTRITION EDUCATION - BREASTFEEDING EDUCATION AND SUPPORT - REFERRALS TO HEALTH CARE AND OTHER COMMUNITY SERVICES. 3512911 WATTS HEALTHCARE CORP INC HOUSE OF UHURU IS A RESIDENTIAL AND OUT-PATIENT SUBSTANCE USE DISORDER PROGRAM CENTER LOCATED AT 8005 SOUTH FIGUEROA STREET IN THE 90003 ZIP CODE IN LOS ANGELES, CA. SOME OF THE TREATMENT APPROACHES USED INCLUDE RATIONAL EMOTIVE BEHAVIORAL THERAPY, AND THE 12-STEP REHAB AND TRAUMA COUNSELING. THE CENTER PROVIDES LONG-TERM REHAB, INTENSIVE OUT-PATIENT TREATMENT PROGRAM AND REGULAR OUT-PATIENT TREATMENT. THE CENTER ALSO PROVIDES INPATIENT TREATMENT FOR DRUG/ALCOHOL ADDICTION AND MENTAL HEALTH DIAGNOSIS AND RESIDENTIAL SUBSTANCE USE TREATMENT. THE CENTER OPERATES 24/7 AND IS LICENSED FOR 66 BEDS. 28468739 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 137 0 1 320 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X HAREGEWOIN YOHANNES 3235644331 10300 COMPTON AVENUE LOS ANGELES CA 90002 DR JOE H WALLER BOARD CHAIR 1.00 X X 0 0 0 DR TICEY BROWN BOARD MEMBER 1.00 X 0 0 0 DR OSAZUWA OMEDE BOARD SECRETARY 1.00 X X 0 0 0 LINDA DANIELS BOARD MEMBER 1.00 X X 0 0 0 GLENN C FORD BOARD TREASURER 1.00 X X 0 0 0 EARNESTENE WILSON BOARD MEMBER (UNTIL 3/18/2022) 1.00 X 0 0 0 SARA HEALEY BOARD MEMBER 1.00 X 0 0 0 DR YOKO SUGIHARA BOARD TREASURER (UNTIL 10/21/22) 1.00 X X 0 0 0 JOAN HUGHES BOARD MEMBER 1.00 X 0 0 0 VICTOR CORTEZ BOARD VICE CHAIR 1.00 X X 0 0 0 HAREGEWOIN YOHANNES CFO 40.00 X 219734 0 25556 MICHAEL JOHNSON CEO 40.00 X 325000 0 40480 OLIVER BROOKS CHIEF MED DIRECTOR 40.00 X 294000 0 39402 DUANE COX CHIEF PHYSICIAN 40.00 X 221430 0 34036 COZZETTE LYONS-JONES CHIEF ADULT MEDICINE 40.00 X 212025 0 37296 VILMA GONZALEZ-BARRETO CHIEF PHYSICIAN OB/GYN 40.00 X 252252 0 36218 LYNN DEWGARDE CHIEF PHYSICIAN PEDIATRICS 40.00 X 229006 0 28892 REGINALD MOORE DIRECTOR OF DENTAL & ENVIRONMENT OF CARE 40.00 X 204821 0 32790 OLUSHEYI LAWOYIN COO 40.00 X 180600 0 17010 DAWN BERNARD DIRECTOR OF QUALITY 40.00 X 158851 0 23981 KHANG HOANG STAFF PHYSICIAN URGENT 40.00 X 218077 0 18884 RUTH YOON STAFF PHYSICIAN PEDIATRICS 40.00 X 194963 0 23517 RACHEL BARANCO STAFF PHSICIAN PEDIATRICS 32.00 X 167820 0 37588 JAMES BROWN PODIATRIST 40.00 X 158054 0 18479 KOSAL SEK PHYSICIAN ASSISTANT 40.00 X 141676 0 7084 3178309 0 421213 29 0 1 0 UNISERVE FACILITIES SCVS CORP 2363 S ATLANTIC BL COMMERCE CA 90040 JANITORIAL SERVICES 543331 COMPHEALTH 7259 S BINGHAM JCT BLVD MIDVALE UT 84047 MEDICAL STAFFING 430008 MEDICUS IT LLC 100 NORTH POINT CENTER EAST ALPHARETTA GA 30022 IT SERVICES 362389 BARTKO ZANKEL BUNZEL & MILLER ONE EMBARCADERO CENTER STE 800 SAN FRANCISCO CA 94111 LEGAL SERVICES 122979 HR CONNECT 2618 SAN MIGUEL DR STE 344 NEW PORT BEACH CA 92660 HR CONSULTANT 115534 5 18620296 286623 18906919 NET PATIENT SERVICES 624100 14758582 14758582 CAPITATION REVENUES 624100 4837748 4837748 PHARMACY REVENUES 624100 919398 919398 OTHER PROGRAM REVENUE 624100 169402 169402 MEDICAL RECORDS 624100 4105 4105 20689235 39596154 20689235 0 0 X 2613380 2101781 511599 14663629 11793054 2870575 557520 448379 109141 3671896 2953080 718816 1222456 983146 239310 491492 265379 210840 15273 261881 141401 112342 8138 2383437 1286926 1022446 74065 721881 649028 72853 403447 285797 116407 1243 3744511 3321712 398538 24261 238005 95533 142472 5334 5242 92 726082 672167 53915 543940 173601 370339 MEDICAL SUPPLIES 1720735 1720735 EQUIPMENT RENTAL & MAIN 696814 530502 166312 OTHER PROGRAM SUPPLIES 558174 558174 DUES & SUBSCRIPTIONS 387965 203041 184924 646828 280061 357170 9597 36259407 28468739 7658091 132577 12885591 13475300 1537468 4646628 2011610 2320464 303590 414677 18357736 8277941 10276423 10079795 922849 2518807 27937531 33455671 3309668 3804019 178202 178647 3508710 3365430 2181623 4011500 9178203 11359596 X 16759328 20096075 2000000 2000000 18759328 22096075 27937531 33455671 3336747 0 X 0 1 X 1 1 1 X 8973051 8708405 10434222 23313309 18906919 70335906 8973051 8708405 10434222 23313309 18906919 70335906 70335906 70335906 120903187 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5386653 5386653 2897716 1109950 1787766 1461737 656824 804913 4992629 3423591 1569038 3619001 3087576 531425 10079795 SECURITY DEPOSIT 220876 ESTIMATED SETTLEMENT DUE FROM THIRD PARTY PAYER 218296 LEASES, RIGHT OF USE ASSETS 2079635 2518807 CLAIMS PAYABLE 320611 ESTIMATED SETTLEMENT AMOUNTS DUE TO THIRD PARTY PAYERS 1590220 LEASE LIABILITIES 2100669 4011500 X 39596154 0 39596154 0 39596154 36259407 0 36259407 0 36259407 PART X, LINE 2: WHC IS EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE AND IS GENERALLY NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. HOWEVER, WHC IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON, AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED AS THE NET INCOME, IF ANY, FROM ANY UNRELATED TRADE OR BUSINESS, IN THE OPINION OF MANAGEMENT, IS NOT MATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. GAAP REQUIRES THAT AN ORGANIZATION RECOGNIZE IN THE FINANCIAL STATEMENTS THE IMPACT OF A TAX POSITION IF THAT POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. AS OF AND FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, WHC HAD NO MATERIAL UNRECOGNIZED TAX BENEFITS, TAX PENALTIES, OR INTEREST. AS OF DECEMBER 31, 2022, INFORMATION RETURNS SUBSEQUENT TO 2018 FILED BY WHC ARE SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. X X X X 0 0 0 0 0 0 0 0 0 MICHAEL JOHNSON CEO 325000 0 0 0 0 0 32500 0 7980 0 365480 0 0 0 OLIVER BROOKS CHIEF MED DIRECTOR 294000 0 0 0 0 0 23520 0 15882 0 333402 0 0 0 VILMA GONZALEZ-BARRETO CHIEF PHYSICIAN OB/GYN 252252 0 0 0 0 0 20180 0 16038 0 288470 0 0 0 LYNN DEWGARDE CHIEF PHYSICIAN PEDIATRICS 229006 0 0 0 0 0 18320 0 10572 0 257898 0 0 0 DUANE COX CHIEF PHYSICIAN 221430 0 0 0 0 0 13285 0 20751 0 255466 0 0 0 COZZETTE LYONS-JONES CHIEF ADULT MEDICINE 212025 0 0 0 0 0 10601 0 26695 0 249321 0 0 0 HAREGEWOIN YOHANNES CFO 219734 0 0 0 0 0 17579 0 7977 0 245290 0 0 0 REGINALD MOORE DIRECTOR OF DENTAL & ENVIRONMENT OF 204821 0 0 0 0 0 11532 0 21258 0 237611 0 0 0 KHANG HOANG STAFF PHYSICIAN URGENT 218077 0 0 0 0 0 10904 0 7980 0 236961 0 0 0 RUTH YOON STAFF PHYSICIAN PEDIATRICS 194963 0 0 0 0 0 15597 0 7920 0 218480 0 0 0 RACHEL BARANCO STAFF PHSICIAN PEDIATRICS 167820 0 0 0 0 0 13426 0 24162 0 205408 0 0 0 OLUSHEYI LAWOYIN COO 180600 0 0 0 0 0 9030 0 7980 0 197610 0 0 0 DAWN BERNARD DIRECTOR OF QUALITY 158851 0 0 0 0 0 7943 0 16038 0 182832 0 0 0 JAMES BROWN PODIATRIST 158054 0 0 0 0 0 7902 0 10577 0 176533 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE WHCC FINANCE AND AUDIT COMMITTEE REVIEWS THE 990 WITH THE ASSISTANCE OF TAX PREPARER PARTNER AND STAFF, I.E. THE WHCC CFO. THE 990 DRAFT IS FORWARDED FOR BOARD REVIEW AT THE NEXT AVAILABLE MEETING PRIOR TO THE FILING DEADLINE. IF ANY FACTS, GRAMMAR OR STYLE ARE REQUESTED FOR CHANGE ON THE DRAFT FORMS, THE CHANGES ARE MADE, AND AFTER FULL BOARD REVIEW, THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE COVERED PERSONS UNDER WHCC'S CONFLICT OF INTEREST POLICY. AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM IS REQUIRED TO BE COMPLETED BY ALL COVERED PERSONS WHEREIN THEY AFFIRM THAT THEY 1) HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; 2) HAVE READ AND UNDERSTAND THE CONFLICT OF INTEREST POLICY; 3) AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY; 4) AFFIRM ANY TRANSACTIONS THEY OR A FAMILY MEMBER HAVE ENTERED INTO, DIRECTLY OR INDIRECTLY, WITH WHCC; 5) AFFIRM WHETHER THEY OR A FAMILY MEMBER HELD A POSITION WITH AN ORGANIZATION THE WHCC HAS ANY BUSINESS RELATIONSHIP WITH; 6) AFFIRM WHETHER THEY OR A FAMILY MEMBER HAD A FINANCIAL INTEREST IN ANY ORGANIZATION THAT WHCC HAS OR IS CONTEMPLATING ENTERING INTO A BUSINESS RELATIONSHIP WITH; AND 7) AFFIRM WHETHER THEY OR A FAMILY MEMBER RECEIVED ANY GIFTS, MONEY, LOANS OR OTHER TYPE OF SERVICE OR FAVOR WITH A MARKET VALUE OF $200 OR MORE FROM ANY PERSON OR ORGANIZATION THAT HAS, OR IS SEEKING TO HAVE, A BUSINESS RELATIONSHIP WITH THE WHCC. THE BOARD OF DIRECTORS REVIEWS THE ANNUAL DISCLOSURES AND ADDRESSES ANY POTENTIAL CONFLICTS OF INTEREST, WITH ANY INTERESTED PERSON ABSTAINING FROM THE DELIBERATION AND DISCUSSION OF THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 WHCC USES AN INDEPENDENT COMPENSATION CONSULTANT TO REVIEW THE SALARIES OF THE CEO, OFFICERS, AND KEY EMPLOYEES PER THE CALIFORNIA NOT-FOR-PROFIT INTEGRITY ACT AND IRS IMPLIED GOAL THAT ALL NOT-FOR-PROFITS USE INDEPENDENT JUDGEMENT IN COMPENSATION MATTERS FOR THE TOP MANAGEMENT PERSONNEL. USUALLY THE CEO AND DIRECTOR OF THE HUMAN RESOURCES PLUS THE INDEPENDENT CONSULTANT REVIEW THE COMPENSATION REPORT RESULTS WITH THE BOARD IN EXECUTIVE SESSION. ALSO BOARD MEMBERS APPROVE THE CEO'S COMPENSATION PURSUANT TO CEO'S CONTRACT PROVISIONS. THE DOCUMENTATION OF THE BOARD INCLUDES THE TERMS OF THE TRANSACTION, THE MEMBERS WHO WERE PRESENT DURING THE DEBATE AND VOTE ON THE TRANSACTION, A DESCRIPTION OF THE COMPARABLE DATA AND HOW IT WAS OBTAINED, AND DOCUMENTATION OF THE BASIS FOR THE DETERMINATION. FORM 990, PART VI, SECTION C, LINE 19 SOME OR ALL OF THESE ITEMS MAY BE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G MEDICAL SERVICES: PROGRAM SERVICE EXPENSES 175,196. MANAGEMENT AND GENERAL EXPENSES 139,191. FUNDRAISING EXPENSES 10,083. TOTAL EXPENSES 324,470. MANAGEMENT CONSULTANT: PROGRAM SERVICE EXPENSES 487,069. MANAGEMENT AND GENERAL EXPENSES 386,970. FUNDRAISING EXPENSES 28,032. TOTAL EXPENSES 902,071. CONTRACTUAL SERVICES: PROGRAM SERVICE EXPENSES 619,552. MANAGEMENT AND GENERAL EXPENSES 492,226. FUNDRAISING EXPENSES 35,656. TOTAL EXPENSES 1,147,434. BILLING: PROGRAM SERVICE EXPENSES 5,109. MANAGEMENT AND GENERAL EXPENSES 4,059. FUNDRAISING EXPENSES 294. TOTAL EXPENSES 9,462. FORM 990, PART IX, LINE 24E RECRUITMENT: PROGRAM SERVICE EXPENSES 113,308. MANAGEMENT AND GENERAL EXPENSES 224,687. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 337,995. LABORATORY: PROGRAM SERVICE EXPENSES 121,591. MANAGEMENT AND GENERAL EXPENSES 96,602. FUNDRAISING EXPENSES 6,998. TOTAL EXPENSES 225,191. RADIOLOGY: PROGRAM SERVICE EXPENSES 45,162. MANAGEMENT AND GENERAL EXPENSES 35,881. FUNDRAISING EXPENSES 2,599. TOTAL EXPENSES 83,642.