Skip to content
Nonprofiteer
← VANTAGE HEALTH GROUP

Form 990 for tax year 2024

Filed by VANTAGE HEALTH GROUP.

Totals

Total revenue
-$17,082
Total expenses
$144,369
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$291,160
Investment income
-$308,242
Other revenue
$0
Total assets, end of year
$1,586,154
Total liabilities, end of year
$6,878
Net assets or fund balances, end of year
$1,579,276
Program services expenses (Part IX)
$40,003
Management and general expenses
$104,366
Fundraising expenses
$0
Program service expenses (Part III)
$40,003

Program services were 27.7% 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.

  • 2a · Program service revenue: PARTNERSHIP INCOME

    total $291,160 · related or exempt $291,160

  • 3 · Investment income

    total $17,686 · excluded $17,686

  • 7a · Gross sales of assets other than inventory

    securities $340,718

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

    securities $666,646

  • 7c · Gain or loss

    securities -$325,928

  • 7d · Net gain or loss

    total -$325,928 · excluded -$325,928

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $40,000 · program services $40,000

  • 11b · Fees: legal

    total $5,295 · management and general $5,295

  • 11c · Fees: accounting

    total $3,600 · management and general $3,600

  • 13 · Office expenses

    total $19 · program services $3 · management and general $16

  • 19 · Conferences, conventions and meetings

    total $95,455 · management and general $95,455

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $740,047 · end of year $1,124,418

  • 4 · Accounts receivable

    beginning of year $110,000 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $127,113 · end of year $0

  • 12 · Investments: other securities

    beginning of year $716,405 · end of year $461,736

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,093 · end of year $6,878

  • 25 · Other liabilities

    beginning of year $20,003 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $161,461 · end of year $161,461

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,508,008 · end of year $1,417,815

Mission and programs · 2024

Mission

VANTAGE HEALTH GROUP IS COMMITTED TO PROVIDING FINANCIAL SUPPORT TO MEMBER HOSPITALS SO THEY CAN PROVIDE QUALITY HEALTH CARE TO THEIR PATIENTS.

Activities or mission (Part I)

VANTAGE HEALTH GROUP PROVIDES FINANCIAL SUPPORT TO MEMBER HOSPITALS THROUGH INVESTMENTS IN PREMIER INC. ON BEHALF OF THE MEMBERS.

  • PROVIDES FINANCIAL SUPPORT TO MEMBER HOSPITALS

    Expenses $40,003 · Revenue $291,160

As filed on the 2024 return.

Listed in Part VII

  • Philip Pandolph

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1
  • John M Ferretti Do

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1
  • Mary L Eckert

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Nichole Geraci

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Timothy McGahen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lee M Clinton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Christopher C Clark

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Adam Nelson

    ASST SEC/TREAS BEG 2/1

    Total calculated
    $0
    Hours/week
    1
  • Michelle Kaste

    ASST SEC/TREAS BEG 2/1

    Total calculated
    $0
    Hours/week
    1
  • Gerald P Alonge

    ASST SEC/TREAS END 2/1

    Total calculated
    $677,637
    From this org
    $0
    From related orgs
    $646,578
    Other
    $31,059
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $404,149 related
    Bonus
    $0
    Other
    $0 + $242,429 related
    Deferred
    $0 + $12,210 related
    Nontaxable benefits
    $0 + $18,849 related
    Filer's total
    $0 + $677,637 related
  • Michael D Mosbacher

    ASST SEC/TREAS END 2/1

    Total calculated
    $276,472
    From this org
    $0
    From related orgs
    $249,406
    Other
    $27,066
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $172,457 related
    Bonus
    $0
    Other
    $0 + $76,949 related
    Deferred
    $0 + $5,053 related
    Nontaxable benefits
    $0 + $22,013 related
    Filer's total
    $0 + $276,472 related

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

  • 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
THE FOLLOWING PERSONS PARTICIPATED IN A SERP PROVIDED THROUGH A RELATED COMPANY: G. P. ALONGE - $227,909 M. D. MOSBACHER - $59,034

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

No itemized grants to organizations on this return.

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.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • VANTAGE HOLDING COMPANY LLC

    N/A · HEALTH CARE HOLDING COMPANY · PA

Provenance

Return type
form_990
Tax year
2024
Filed
15 May 2026
IRS schema version
2024v5.5
Source object
202601359349310025

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.