Skip to content
Nonprofiteer
← ALTAMED HEALTH SERVICES CORP

Form 990 for tax year 2023

Filed by ALTAMED HEALTH SERVICES CORP.

Totals

Total revenue
$1,480,779,622
Total expenses
$1,392,162,287
Contributions and grants received
$66,923,695
Grants paid
$1,265,002
Program service revenue
$1,234,820,447
Investment income
$25,374,852
Other revenue
$153,660,628
Total assets, end of year
$1,519,511,621
Total liabilities, end of year
$593,770,335
Net assets or fund balances, end of year
$925,741,286
Program services expenses (Part IX)
$1,223,496,704
Management and general expenses
$163,778,728
Fundraising expenses
$4,886,855
Program service expenses (Part III)
$1,223,496,704

Program services were 87.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $428,257

  • 1e · Government grants (contributions)

    $41,522,548

  • 1f · All other contributions, gifts and grants

    $24,972,890

  • 1g · Noncash contributions included above

    $140,794

  • 2a · Program service revenue: MANAGED CARE CONTRACTS

    total $832,389,811 · related or exempt $832,389,811

  • 2b · Program service revenue: NET PATIENT SERVICES

    total $300,396,172 · related or exempt $300,396,172

  • 2c · Program service revenue: PHARMACY REVENNUE

    total $99,154,440 · related or exempt $99,154,440

  • 2d · Program service revenue: WELLNESS INCENTIVES

    total $2,880,024 · related or exempt $2,880,024

  • 3 · Investment income

    total $21,372,031 · unrelated business $99,393 · excluded $21,272,638

  • 7a · Gross sales of assets other than inventory

    securities $131,396,326

  • 7b · Less cost or other basis and sales expenses

    securities $127,393,505

  • 7c · Gain or loss

    securities $4,002,821

  • 7d · Net gain or loss

    total $4,002,821 · excluded $4,002,821

  • 8a · Fundraising events: gross income

    $150,790

  • 8a · Fundraising events: contributions included on line 1c

    $428,257

  • 8b · Fundraising events: direct expenses

    $270,316

  • 8c · Net income from fundraising events

    total -$119,526 · excluded -$119,526

  • 11a · Other revenue: MANAGEMENT SERVICES

    total $76,125,291 · unrelated business $10,653,874 · excluded $65,471,417

  • 11b · Other revenue: ADMINISTRATIVE SUPPORT

    total $74,067,082 · excluded $74,067,082

  • 11c · Other revenue: CONTRACT SERVICES

    total $3,587,781 · excluded $3,587,781

  • 11e · Other revenue, total

    $153,780,154

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,265,002 · program services $1,265,002

  • 5 · Compensation of officers, directors and key employees

    total $7,372,732 · program services $5,856,409 · management and general $1,478,479 · fundraising $37,844

  • 7 · Other salaries and wages

    total $466,905,266 · program services $370,956,716 · management and general $93,543,649 · fundraising $2,404,901

  • 8 · Pension plan contributions

    total $6,413,968 · program services $5,066,112 · management and general $1,317,961 · fundraising $29,895

  • 9 · Other employee benefits

    total $58,449,829 · program services $46,166,952 · management and general $12,010,444 · fundraising $272,433

  • 10 · Payroll taxes

    total $34,647,856 · program services $27,366,819 · management and general $7,119,544 · fundraising $161,493

  • 11a · Fees: management

    total $17,731,854 · program services $16,805,427 · management and general $825,281 · fundraising $101,146

  • 11b · Fees: legal

    total $4,048,201 · program services $3,836,697 · management and general $188,412 · fundraising $23,092

  • 11d · Fees: lobbying

    total $770,695 · program services $770,695

  • 11f · Fees: investment management

    total $842,080 · management and general $842,080

  • 11g · Fees: other

    total $522,658,851 · program services $512,040,184 · management and general $10,079,731 · fundraising $538,936

  • 12 · Advertising and promotion

    total $8,379,718 · program services $7,818,602 · management and general $34,461 · fundraising $526,655

  • 13 · Office expenses

    total $24,610,141 · program services $20,054,673 · management and general $4,484,946 · fundraising $70,522

  • 14 · Information technology

    total $11,743,349 · program services $8,940,925 · management and general $2,794,524 · fundraising $7,900

  • 16 · Occupancy

    total $30,346,126 · program services $22,059,701 · management and general $8,275,643 · fundraising $10,782

  • 20 · Interest

    total $5,334,523 · program services $5,332,551 · management and general $1,972

  • 22 · Depreciation, depletion and amortization

    total $31,173,446 · program services $15,380,572 · management and general $15,785,088 · fundraising $7,786

  • 23 · Insurance

    total $5,214,799 · program services $4,692,645 · management and general $503,153 · fundraising $19,001

  • 24a · Other expenses: PHARMACEUTICALS

    total $101,203,510 · program services $101,203,510

  • 24b · Other expenses: ADMINISTRATIVE EXPENSES

    total $13,047,148 · program services $12,415,846 · management and general $556,577 · fundraising $74,725

  • 24c · Other expenses: MISCELLANEOUS EXPENSES

    total $13,033,376 · program services $10,676,302 · management and general $2,217,223 · fundraising $139,851

  • 24d · Other expenses: PATIENT TRANSPORTATION

    total $9,823,697 · program services $9,823,697

  • 24e · All other expenses

    total $17,146,120 · program services $14,966,667 · management and general $1,719,560 · fundraising $459,893

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $102,159,307 · end of year $9,060,166

  • 2 · Savings and temporary cash investments

    beginning of year $27,782,642 · end of year $50,805,787

  • 3 · Pledges and grants receivable

    beginning of year $10,159,871 · end of year $28,938,226

  • 4 · Accounts receivable

    beginning of year $77,301,477 · end of year $117,456,232

  • 5 · Loans and receivables from officers and key people

    beginning of year $33,812,386 · end of year $34,150,509

  • 7 · Other notes and loans receivable

    beginning of year $10,530,475 · end of year $1,693,970

  • 8 · Inventories for sale or use

    beginning of year $2,934,283 · end of year $4,744,173

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,630,852 · end of year $17,712,814

  • 10a · Land, buildings and equipment: cost or other basis

    $578,740,649

  • 10b · Land, buildings and equipment: accumulated depreciation

    $210,682,442

  • 10c · Land, buildings and equipment, net

    beginning of year $326,909,140 · end of year $368,058,207

  • 11 · Investments: publicly traded securities

    beginning of year $552,154,831 · end of year $621,763,336

  • 12 · Investments: other securities

    beginning of year $26,099,339 · end of year $34,705,704

  • 14 · Intangible assets

    beginning of year $9,503,432 · end of year $9,503,432

  • 15 · Other assets

    beginning of year $106,444,716 · end of year $220,919,065

  • 17 · Accounts payable and accrued expenses

    beginning of year $169,263,281 · end of year $176,182,157

  • 19 · Deferred revenue

    beginning of year $18,575,002 · end of year $24,264,048

  • 20 · Tax-exempt bond liabilities

    beginning of year $132,726,002 · end of year $123,475,000

  • 23 · Secured mortgages and notes payable

    beginning of year $50,047,871 · end of year $42,072,023

  • 25 · Other liabilities

    beginning of year $146,360,458 · end of year $227,777,107

  • 27 · Net assets without donor restrictions

    beginning of year $768,519,054 · end of year $913,528,500

  • 28 · Net assets with donor restrictions

    beginning of year $7,931,083 · end of year $12,212,786

Mission and programs · 2023

Mission

TO ELIMINATE DISPARITIES IN HEALTH CARE ACCESS AND OUTCOMES BY PROVIDING SUPERIOR QUALITY HEALTH AND HUMAN SERVICES THROUGH AN INTEGRATED WORLD-CLASS DELIVERY SYSTEM FOR LATINO, MULTI-ETHNIC UNDERSERVED COMMUNITIES IN SOUTHERN CALIFORNIA.

Activities or mission (Part I)

SEE SCHEDULE O : TO ELIMINATE DISPARITIES IN HEALTH CARE ACCESS AND OUTCOMES BY PROVIDING SUPERIOR QUALITY HEALTH AND HUMAN SERVICES THROUGH AN INTEGRATED WORLD-CLASS DELIVERY SYSTEM FOR LATINO, MULTI-ETHNIC AND UNDERSERVED COMMUNITIES IN SOUTHERN CALIFORNIA.VISION: TO BE THE LEADING COMMUNITY-BASED PROVIDER OF QUALITY HEALTH CARE AND HUMAN SERVICES.

  • MEDICAL & DENTAL SERVICES ALTAMED OPERATES 38 PRIMARY CARE AND DENTAL CLINICS IN LOS ANGELES COUNTY (29 CLINICS) AND ORANGE COUNTY (9 CLINICS), IN ADDITION TO TWO MOBILE UNITS THAT OFFER MEDICAL, DENTAL, AND COMMUNITY OUTREACH SERVICES. IN 2023, ALTAMED PROVIDED A MEDICAL HOME TO OVER 275,000 PATIENTS RESIDING PRIMARILY IN HISTORICALLY UNDERINVESTED IMMIGRANT COMMUNITIES IN WHICH ITS RESIDENTS FACE STUBBORN OBSTACLES TO CARE AND POSITIVE HEALTH OUTCOMES INCLUDING DISPROPORTIONATELY HIGHER CHRONIC DISEASE BURDENS. OVER 65,000 CHILDREN AND ADULTS ACCESSED ORAL HEALTH SERVICES THROUGH ALTAMED'S 10 DENTAL CLINICS, 2 MOBILE MEDICAL/DENTAL UNIT, AND 6 PORTABLE ORAL HEALTH UNITS THAT PROVIDED ORAL EXAMS, FLUORIDE TREATMENTS, PROPHYLAXIS, RESTORATIVE SERVICES, REHABILITATIVE SERVICES, EXTRACTIONS/OTHER SURGERY PROCEDURES, SEALANTS, AND EMERGENCY SERVICES. INDEPENDENT PROVIDERS CONTRACTED THROUGH ALTAMED'S INDEPENDENT PRACTICE ASSOCIATION (IPA) AND PRACTICING IN ALTAMED CATCHMENT AREAS ALSO SERVED AN ADDITIONAL 87,000 PATIENTS THROUGHOUT LOS ANGELES AND ORANGE COUNTIES IN 2023. THESE PATIENTS SERVED OUTSIDE OF ALTAMED CLINIC WALLS RECEIVED CARE AND COORDINATION THROUGH AN ALTAMED IPA PHYSICIAN NETWORK THAT INCLUDES PRIMARY CARE PHYSICIANS, SPECIALISTS AND SUB-SPECIALISTS--INCLUDING DENTISTRY, INFECTIOUS DISEASES, PEDIATRIC ENDOCRINOLOGY, AND PSYCHIATRYAND ANCILLARY SERVICE PROVIDERS SUCH AS SKILLED NURSING FACILITIES, RADIOLOGY, HOME HEALTH, HOSPICE, URGENT CARE, PHYSICAL THERAPY, AND PHARMACIES.

    Expenses $812,466,567 · Grants $1,265,002 · Revenue $810,619,417

  • SENIOR SERVICES ALTAMED'S 11 PROGRAMS OF ALL-INCLUSIVE CARE FOR THE ELDERLY (PACE) SITES ALLOW OVER 4,000 NURSING-HOME ELIGIBLE FRAIL AND ELDERLY SENIORS AND DISABLED ADULTS TO CONTINUE SAFELY LIVING IN THEIR COMMUNITIES. PACE'S UNIQUELY INTEGRATIVE MODEL ADDRESSES PARTICIPANTS' COMPLEX AND COMPREHENSIVE MEDICAL AND SOCIAL NEEDS BY SURROUNDING THE PACE MEMBER WITH A TEAM OF INTERDISCIPLINARY, CULTURALLYRESPONSIVE CARE PROVIDERS THAT INCLUDE PHYSICIANS, NURSES, PHARMACISTS, SOCIAL WORKERS, NUTRITIONISTS, THERAPISTS, AND HEALTH EDUCATORS. SERVICES INCLUDE PRIMARY CARE/GERIATRIC MEDICINE, NURSING CARE, REHABILITATION THERAPY, FAMILY SUPPORT INTERVENTIONS, COUNSELING, MEDICATION MANAGEMENT, NUTRITION EDUCATION, SOCIAL ACTIVITIES, AND "DOOR THROUGH DOOR" TRANSPORTATION SERVICES TO PARTICIPANTS' HOMES AND TO SPECIALTY CARE MEDICAL APPOINTMENTS. COORDINATED SERVICES ENSURE THE MEMBER CONTINUES TO ENJOY THE BENEFITS AND COMFORTS OF AGING IN PLACE, AS LONG AS POSSIBLE. THE PACE MODEL EMBODIES THE PHILOSOPHY OF CARE AND THE CORE VALUES OF ALTAMED: PATIENTCENTERED AND ENGAGING, PACE IS RESPONSIVE TO THE RANGE OF WHOLE-PERSON NEEDS OF ITS PATIENTS BEYOND MEDICAL CARE THAT INCLUDE ONGOING SOCIAL, EMOTIONAL, SPIRITUAL, AND CULTURAL NOURISHMENT TO KEEP THEM HEALTHY, ACTIVE, AND OUT OF EMERGENCY ROOMS AND EXTENDED HOSPITAL STAYS.

    Expenses $385,605,453 · Revenue $421,006,993

  • HIV CARE AND SERVICES THE DIVISION OF HIV SERVICES, ALSO KNOWN AS "DVL" (DANIEL V. LARA CLINIC) AT ALTAMED, HAS PROVIDED COMPREHENSIVE SERVICES FOR PEOPLE LIVING WITH HIV, AND OTHER INFECTIOUS DISEASES INCLUDING HEPATITIS, STI'S AND TUBERCULOSIS FOR THE PAST 30 YEARS.IN 2023, DVL SERVED OVER 2,200 INDIVIDUALS AT FOUR CLINIC LOCATIONS; LOS ANGELES/COMMERCE, LOS ANGELES/PICO PASSSONS, EL MONTE AND ANAHEIM. IN ADDITION, DVL PROVIDES FULL WRAP AROUND SERVICES TO THE HIV POPULATION, INCLUDING INTENSIVE CASE MANAGEMENT, HOME BASED SERVICES, BENEFITS SPECIALTY SERVICES, SUBSTANCE USE TREATMENT, AND MENTAL HEALTH. THE DIVISION'S PREVENTION PROGRAMS OFFER COMPREHENSIVE OUTREACH AND EDUCATIONAL PROGRAMS, INCLUDING PREP AND PEP, NOW PRESCRIBED AT ALL ALTAMED PRIMARY CARE CLINICS. IN 2023, THE DVL PREVENTION TEAM REPRESENTED ALTAMED AT OVER THREE DOZEN COMMUNITY / HEALTH AND WELLNESS EVENTS IN LOS ANGELES AND ORANGE COUNTY; CONDUCTING OVER 2,600 RAPID HIV TESTS.

    Expenses $14,587,957 · Revenue $3,194,037

  • YOUTH SERVICES - ALTAMED PROVIDES AN ARRAY OF YOUTH SERVICES TO OVER 3,000 AT-RISK TEENS AND YOUNG ADULTS IN MEDICALLY-UNDERSERVED COMMUNITIES EACH YEAR. SERVICES INCLUDE: PREGNANCY AND STD PREVENTION PROGRAMS, FAMILY PLANNING, HEALTH EDUCATION AND INFORMATION WORKSHOPS, LINKAGES TO CLINICAL SERVICES, CASE MANAGEMENT FOR PREGNANT/PARENTING TEENS, PARENTING EDUCATION, SUPPORT FOR PARENTING TEENS TO HELP THEM STAY IN SCHOOL AND LIFE-SKILLS DEVELOPMENT. ALTAMED ALSO PROVIDES INTENSIVE TUTORING FOR HIGH SCHOOL STUDENTS, MENTORSHIP, GUIDANCE INTO COLLEGE AND TECHNICAL SCHOOLS, AND WORKFORCE DEVELOPMENT WITH CAREER PIPELINES IN THE MEDICAL FIELD.THE ALTAMED INSTITUTE FOR HEALTH EQUITY (AIHE). THROUGH INNOVATION AND COMMUNITY ENGAGEMENT, THE WORK OF THE INSTITUTE IS TO ADDRESS A WIDE ARRAY OF HEALTH INEQUITIES THAT DISPROPORTIONATELY AFFECT RACIAL AND ETHNIC GROUPS, INCLUDING ADDRESSING THE MULTIPLE SOCIAL DETERMINANTS OF HEALTH WHICH LEAD TO DISPARITIES IN CLINICAL OUTCOMES. ALTAMED'S PATIENT POPULATION IS OVERWHELMINGLY FROM RACIAL/ETHNIC MINORITIES INCLUDING INDIVIDUALS WITH LIMITED ENGLISH PROFICIENCY THAT SUFFER DISPROPORTIONATELY FROM HEALTH DISPARITIES. THROUGH TRANSLATIONAL RESEARCH, GRANTS, AND STRATEGIC PARTNERSHIPS, THE INSTITUTE IS DEVELOPING EVIDENCE-BASED STRATEGIES TO IMPROVE PATIENT CARE. THE INSTITUTE REPRESENTS THE ESTABLISHMENT OF CRITICAL RESOURCES TO ADVISE ALTAMED HEALTH SERVICES ON SYSTEMATICALLY ADDRESSING KEY ISSUES IN HEALTH EQUITY BY DEVELOPING AND ADVANCING CONSENSUS STRATEGIES THAT ARE EFFECTIVE, SUSTAINABLE AND THAT CAN BE IMPLEMENTED LOCALLY.ALTAMED OFFERS SPECIALTY CARE SERVICES TO REMOVE THE BARRIERS TO CARE MANY WERE EXPERIENCING WHEN TRYING TO ACCESS THESE MUCH NEEDED SERVICES. EXPANSION OF THE WORKFORCE PIPELINES CONTINUE TO EDUCATE AND TRAIN COMMUNITY MEMBERS IN MA, LVN, AND NURSE CAREER PATHWAYS. ALTAMED HAS GROWN THE NEWLY FORMED CIVIC ENGAGEMENT DEPARTMENT TO ADDRESS SOCIAL DETERMINANTS OF HEALTH AND TRAIN COMMUNITY MEMBERS ON HOW TO ADVOCATE AT THE GRASSROOTS LEVEL FOR INCREASED AND PARTICULAR HEALTH ACCESS AND REFORMS, AND ENCOURAGE COMMUNITY TO GET INVOLVED WITH LOCAL ISSUES AND VOTE.

    Expenses $10,836,727

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ricardo Robles

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    1.6

  • Maria Grimaldo

    CONSUMER BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.2

  • Joseph Gomez

    CONSUMER BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.6

  • Nadia Alvarez

    CONSUMER BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.2

  • Marc Victor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.2

  • Jose Avalos MD

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1.6

  • Lucy Herrera

    BOARD VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1.2

  • Victor Olmos

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    1.6

  • Maria Cervantes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.2

  • Castulo De La Rocha JD

    PRESIDENT & CEO

    Total calculated
    $1,937,418
    From this org
    $1,910,489
    From related orgs
    $0
    Other
    $26,929
    Hours/week
    40 + 3 related

    Schedule J breakdown matched by us

    Base
    $1,119,677
    Bonus
    $525,000
    Other
    $265,812
    Deferred
    $13,200
    Nontaxable benefits
    $13,729
    Filer's total
    $1,937,418

  • Jose U Esparza

    EVP FINANCE & CFO

    Total calculated
    $858,087
    From this org
    $836,278
    From related orgs
    $0
    Other
    $21,809
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $586,047
    Bonus
    $164,573
    Other
    $85,658
    Deferred
    $13,200
    Nontaxable benefits
    $8,609
    Filer's total
    $858,087

  • Zoila Escobar

    EVP, CHIEF ADMIN OFFICER

    Total calculated
    $855,955
    From this org
    $829,026
    From related orgs
    $0
    Other
    $26,929
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $559,979
    Bonus
    $224,631
    Other
    $44,416
    Deferred
    $13,200
    Nontaxable benefits
    $13,729
    Filer's total
    $855,955

  • Anna Tran

    SR. STRATEGY EXECUTIVE

    Total calculated
    $937,763
    From this org
    $909,333
    From related orgs
    $0
    Other
    $28,430
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $668,964
    Bonus
    $200,423
    Other
    $39,946
    Deferred
    $0
    Nontaxable benefits
    $28,430
    Filer's total
    $937,763

  • Efrain Talamantes

    SVP, HS CHIEF OPERATING OFFICER

    Total calculated
    $769,847
    From this org
    $716,353
    From related orgs
    $0
    Other
    $53,494
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $513,693
    Bonus
    $146,359
    Other
    $56,301
    Deferred
    $13,196
    Nontaxable benefits
    $40,298
    Filer's total
    $769,847

  • Esiquio Casillas

    VP, MEDICAL DIRECTOR, PACE

    Total calculated
    $722,873
    From this org
    $683,847
    From related orgs
    $0
    Other
    $39,026
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $482,119
    Bonus
    $146,661
    Other
    $55,067
    Deferred
    $13,200
    Nontaxable benefits
    $25,826
    Filer's total
    $722,873

  • Rico Cristian

    CHIEF MEDICAL OFFICER

    Total calculated
    $714,162
    From this org
    $660,664
    From related orgs
    $0
    Other
    $53,498
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $479,339
    Bonus
    $140,748
    Other
    $40,577
    Deferred
    $13,200
    Nontaxable benefits
    $40,298
    Filer's total
    $714,162

  • Marco De La Rocha

    PRESIDENT OF AHN

    Total calculated
    $576,628
    From this org
    $560,745
    From related orgs
    $0
    Other
    $15,883
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $459,638
    Bonus
    $87,550
    Other
    $13,557
    Deferred
    $13,200
    Nontaxable benefits
    $2,683
    Filer's total
    $576,628

  • Parham Naghdechi

    HOSPITALIST

    Total calculated
    $670,702
    From this org
    $617,204
    From related orgs
    $0
    Other
    $53,498
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $548,941
    Bonus
    $46,835
    Other
    $21,428
    Deferred
    $13,200
    Nontaxable benefits
    $40,298
    Filer's total
    $670,702

  • Seema Kamal

    SVP GENERAL COUNSEL

    Total calculated
    $665,391
    From this org
    $652,191
    From related orgs
    $0
    Other
    $13,200
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $458,977
    Bonus
    $114,744
    Other
    $78,470
    Deferred
    $13,200
    Nontaxable benefits
    $0
    Filer's total
    $665,391

  • Christopher Bui

    AVP, CHIEF MEDICAL OFFICER

    Total calculated
    $610,784
    From this org
    $594,891
    From related orgs
    $0
    Other
    $15,893
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $440,022
    Bonus
    $102,238
    Other
    $52,631
    Deferred
    $12,922
    Nontaxable benefits
    $2,971
    Filer's total
    $610,784

  • Melanie Lin

    MEDICAL DIRECTOR

    Total calculated
    $768,147
    From this org
    $747,012
    From related orgs
    $0
    Other
    $21,135
    Hours/week
    80

    Schedule J breakdown matched by us

    Base
    $688,136
    Bonus
    $37,661
    Other
    $21,215
    Deferred
    $13,200
    Nontaxable benefits
    $7,935
    Filer's total
    $768,147

  • Luis Ontiveros

    STAFF PHYSICIAN

    Total calculated
    $643,707
    From this org
    $608,260
    From related orgs
    $0
    Other
    $35,447
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $494,739
    Bonus
    $33,210
    Other
    $80,311
    Deferred
    $13,200
    Nontaxable benefits
    $22,247
    Filer's total
    $643,707

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
4B: ALTAMED HEALTH SERVICES CORPORATION HAS ESTABLISHED A NON-QUALIFIED PLAN PURSUANT TO 457(F) OF THE INTERNAL REVENUE CODE. THE PURPOSE OF THIS PLAN IS TO INCENTIVIZE THE ORGANIZATION'S OFFICERS AND SENIOR MANAGEMENT IN RECOGNITION OF THE FACT THAT THEY ARE REQUIRED TO DEVOTE SIGNIFICANT AMOUNTS OF TIME, SKILL AND ENERGY TO THE ORGANIZATION. THE AMOUNTS DEFERRED ARE SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE. ONCE VESTED THE AMOUNTS UNDER THIS PLAN ARE REPORTED ON FORM W-2 AS TAXABLE COMPENSATION TO THE INDIVIDUAL. JOSE ESPARZA RECEIVED A PAYMENT OF $25,629 ZOILA ESCOBAR RECEIVED A PAYMENT OF $25,629 ANNA TRAN RECEIVED A PAYMENT OF $25,629 EFRAIN TALAMANTES RECEIVED A PAYMENT OF $21,671 RICO CHRISTIAN RECEIVED A PAYMENT OF $29,262 ESIQUIO CASILLAS RECEIVED A PAYMENT OF $28,409 MELANIE LIN RECEIVED A PAYMENT OF $5,394 PARHAM NAGHDECHI RECEIVED A PAYMENT OF $16,064 CHRISTOPHER BUI RECEIVED A PAYMENT OF $21,935 LUIS ONTIVEROS RECEIVED A PAYMENT OF $17,260

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • ALTAMED FOUNDATION

    501(C)(3) · FUNDRAISING · CA · controlled entity

    Directly controlled by ALTAMED HEALTH SERVICES CORPORATION

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • ALTURA MANAGEMENT SERVICES LLC

    MANAGED CARE · CA · income $76,125,291 · assets $60,567,426

    Directly controlled by ALTAMED HEALTH SERVICES CORPORATION

  • ALTAMED LLC

    MANAGED CARE · CA · income $0 · assets $0

    Directly controlled by ALTAMED HEALTH SERVICES CORPORATION

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • ALTAMED HEALTH NETWORK INC

    C · MANAGED CARE · CA · 100% owned · share of income $338,499,073 · share of assets $119,320,719 · controlled entity

    Directly controlled by ALTAMED HEALTH SERVICES CORP

  • ALTAMED HOLDINGS INC

    C · HOLDING COMPANY-REAL ESTATE · CA · 100% owned · share of income $6,706 · share of assets $2,411 · controlled entity

    Directly controlled by ALTAMED HEALTH SERVICES CORP

  • OMNICARE MEDICAL GROUP INC

    C · MANAGED CARE · CA · 100% owned · share of income $29,445,835 · share of assets $24,449,105 · controlled entity

    Directly controlled by ALTAMED HEALTH SERVICES CORP

  • ALTAMED INDEPENDENT PHYSICIAN NETWORK INC

    C · MANAGED CARE · CA · 100% owned · share of assets $43,996 · controlled entity

    Directly controlled by ALTAMED HEALTH SERVICES CORP

  • ALTAMED HEALTH NETWORK SENIOR SERVICES PLAN INC

    C · MANAGED CARE · CA · 100% owned

    Directly controlled by ALTAMED HEALTH SERVICES CORP

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202403209349325780

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.