Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $11,462,667

• 2a · Program service revenue: NET PATIENT SERVICE REVENUE

  total $797,238,941 · related or exempt $797,238,941

• 2b · Program service revenue: OTHER OPERATING REVENUE

  total $11,646,858 · related or exempt $8,508,364 · unrelated business $3,138,494

• 2c · Program service revenue: MONTAGE WELLNESS CENTER

  total $2,861,914 · related or exempt $2,861,914

• 3 · Investment income

  total $713,241 · excluded $713,241

• 7a · Gross sales of assets other than inventory

  other assets $2,972

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

  other assets $0

• 7c · Gain or loss

  other assets $2,972

• 7d · Net gain or loss

  total $2,972 · excluded $2,972

• 10b · Cost of goods sold

  $20,796

• 10c · Net income from sales of inventory

  total -$20,796 · excluded -$20,796

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $3,249,771 · unrelated business $275,815 · excluded $2,973,956

• 11b · Other revenue: CAFETERIA

  total $1,277,047 · excluded $1,277,047

• 11e · Other revenue, total

  $4,526,818

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $295,519,753 · program services $295,519,753

• 5 · Compensation of officers, directors and key employees

  total $9,509,305 · program services $1,003,823 · management and general $8,505,482

• 7 · Other salaries and wages

  total $249,216,133 · program services $235,472,748 · management and general $13,743,385

• 8 · Pension plan contributions

  total $37,965,175 · program services $34,927,961 · management and general $3,037,214

• 9 · Other employee benefits

  total $98,638,566 · program services $83,373,057 · management and general $15,265,509

• 10 · Payroll taxes

  total $19,953,623 · program services $18,297,712 · management and general $1,655,911

• 11b · Fees: legal

  total $2,091,415 · management and general $2,091,415

• 11c · Fees: accounting

  total $758,253 · management and general $758,253

• 11d · Fees: lobbying

  total $50,613 · management and general $50,613

• 11g · Fees: other

  total $58,118,582 · program services $51,332,517 · management and general $6,786,065

• 14 · Information technology

  total $16,560,840 · program services $13,438,481 · management and general $3,122,359

• 16 · Occupancy

  total $14,282,975 · program services $7,366,624 · management and general $6,916,351

• 20 · Interest

  total $5,890,135 · management and general $5,890,135

• 22 · Depreciation, depletion and amortization

  total $44,543,888 · program services $32,713,798 · management and general $11,830,090

• 23 · Insurance

  total $4,037,644 · program services $1,479,388 · management and general $2,558,256

• 24a · Other expenses: MEDICAL SUPPLIES

  total $73,050,535 · program services $72,983,329 · management and general $67,206

• 24b · Other expenses: HOSPITAL PROVIDER FEES

  total $34,436,060 · program services $20,661,636 · management and general $13,774,424

• 24c · Other expenses: PHYSICIAN FEES

  total $24,677,375 · program services $24,584,387 · management and general $92,988

• 24e · All other expenses

  total $27,900,541 · program services $21,585,234 · management and general $6,315,307

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $23,386,688 · end of year $22,416,937

• 2 · Savings and temporary cash investments

  beginning of year $83,044,281 · end of year $20,387,729

• 4 · Accounts receivable

  beginning of year $88,843,699 · end of year $106,010,692

• 8 · Inventories for sale or use

  beginning of year $3,836,358 · end of year $3,953,031

• 9 · Prepaid expenses and deferred charges

  beginning of year $63,599,436 · end of year $51,661,116

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

  $969,834,127

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

  $561,736,010

• 10c · Land, buildings and equipment, net

  beginning of year $363,147,096 · end of year $408,098,117

• 15 · Other assets

  beginning of year $359,919,556 · end of year $67,191,731

• 17 · Accounts payable and accrued expenses

  beginning of year $102,443,787 · end of year $104,983,206

• 19 · Deferred revenue

  beginning of year $96,067,879 · end of year $42,893,438

• 20 · Tax-exempt bond liabilities

  beginning of year $212,411,512 · end of year $200,347,279

• 23 · Secured mortgages and notes payable

  beginning of year $11,257,776 · end of year $8,398,912

• 25 · Other liabilities

  beginning of year $200,763,966 · end of year $105,529,607

• 27 · Net assets without donor restrictions

  beginning of year $362,832,194 · end of year $217,566,911

The filer's explanations (Part III)

PART I, LINE 6

MANAGEMENT INCENTIVE PLANS HAVE A PERCENTAGE OF THE INCENTIVE PACKAGE THAT ARE BASED ON THE FINANCIAL RESULTS OF THE FILING ORGANIZATION AND RELATED ORGANIZATIONS.

PART I, LINE 7

PART OF THE INCENTIVE PACKAGES FOR MANAGEMENT ARE BASED ON MEETING PERFORMANCE GOALS DURING THE YEAR.

PART I, LINE 4B:

CYNTHIA PECK PARTICIPATED IN A 457(F) PLAN AND RECEIVED A PAYMENT DURING 2022 IN THE AMOUNT OF $97,311. STEVEN PACKER AND TIM NYLEN PARTICIPATED IN 457(F) PLANS AND NO PAYMENTS WERE RECEIVED IN 2022.

Disregarded entities

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

• MONTAGE WELLNESS CENTER LLC

  HEALTH SERVICES · CA · income $2,861,917 · assets $172,694

  Directly controlled by COMMUNITY HOSPITAL OF THE MONTEREY PENINSULA

• MONTEREY SALINAS HEALTHCARE COLLABORATIVE LLC

  HEALTH SERVICES · CA · income $0 · assets $0

  Directly controlled by COMMUNITY HOSPITAL OF THE MONTEREY PENINSULA

Related partnerships

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

• SAN CARLOS & 7TH LLC

  EXCLUDED · REAL ESTATE · CA · 50% owned · share of income $20,110 · share of assets $202,166 · general or managing partner

  Directly controlled by COMMUNITY HOSPITAL OF THE MONTEREY PENINSULA

• MONTEREY BAY ENDOSCOPY CENTER LLC

  EXCLUDED · ENDOSCOPY CENTER · CA · 13.17% owned · share of income $10,706 · share of assets $64,943 · general or managing partner

  Directly controlled by COMMUNITY HOSPITAL OF THE MONTEREY PENINSULA

• CENTRAL COAST HEALTH CONNECT LLC

  HEALTH SERVICES · CA

Related corporations and trusts

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

• CYPRESS MEDICAL NETWORK INC

  C · INACTIVE · CA · 100% owned · controlled entity

  Directly controlled by COMMUNITY HOSPITAL OF MONTEREY PENINSULA

• CENTRAL COAST COMMUNITY MUTUAL INSURANCE COMPANY

  C · INSURANCE · VT · 95% owned · controlled entity

  Directly controlled by COMMUNITY HOSPITAL OF MONTEREY PENINSULA

• COASTAL TPA INC

  C · MEDICAL CLAIMS PROCESSING · CA

• COASTAL HEALTHCARE ADMINISTRATORS

  C · MEDICAL CLAIMS PROCESSING · CA

• BAY SERVICES INC

  C · SERVICES · CA

• CHARITABLE REMAINDER TRUSTS (6)

  T · HOLDING COMPANY · CA