2024-11-13T19:42:32-06:00 2023-12-31 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2023-01-01 812889645 MONTAGE HEALTH FOUNDATION MONT 8316245311 PO BOX HH MONTEREY CA 93942 MATTHEW MORGAN VP/CFO 8316245311 2024-11-12 1 1 LESLIE VAN P01294411 4159561500 2024-11-12 2023 2024-10-15 13:58:12Z STEVEN PACKER PO BOX HH MONTEREY CA 93942 28980010 0 X WWW.MONTAGEHEALTHFOUNDATION.ORG X 2016 CA THE FOUNDATION'S MISSION IS TO ADVANCE THE VISION AND STRATEGIC PRIORITIES OF MONTAGE HEALTH BY INSPIRING GIVING THAT ENHANCES AND IMPROVES THE HEALTH OF THE ENTIRE COMMUNITY. MAJOR ACTIVITIES INCLUDE FUNDRAISING AND DEVELOPMENT, VOLUNTEER SERVICES, A GIFT SHOP, AND THE ART PROGRAM. 33 29 21 56 0 0 18674317 20888750 0 0 11149152 6919641 375477 407857 30198946 28216248 10870317 76601189 0 0 3561500 3983354 0 0 2956449 2918061 3337474 17349878 83922017 12849068 -55705769 229206951 198924725 2146344 3482314 227060607 195442411 X THE FOUNDATION'S MISSION IS TO ADVANCE THE VISION AND STRATEGIC PRIORITIES OF MONTAGE HEALTH BY INSPIRING GIVING THAT ENHANCES AND IMPROVES THE HEALTH OF THE ENTIRE COMMUNITY. MAJOR ACTIVITIES INCLUDE FUNDRAISING AND DEVELOPMENT, VOLUNTEER SERVICES, RETAIL SERVICES, AND THE ART AND MUSIC PROGRAM. 0 0 68770828 68770828 THE FOUNDATION PROVIDED $68,770,828 IN GRANTS FOR OHANA, COMMUNITY HOSPITAL OF THE MONTEREY PENINSULA'S ("CHOMP") CHILD BEHAVIORAL HEALTH PROGRAM, TO SUPPORT OPERATIONS AND SCHOOL THERAPY PROGRAMS. 1678000 1678000 THE FOUNDATION PROVIDED $1,678,000 IN GRANTS TO MONTAGE MEDICAL GROUP IN SUPPORT OF PHYSICIAN RECRUITMENT, ENGAGEMENT, AND TRAINING. 830000 830000 THE FOUNDATION PROVIDED $830,000 TO COMMUNITY HOSPITAL OF MONTEREY PENINSULA IN SUPPORT OF NURSING EXCELLENCE PROGRAM. 7811946 5322361 THE FOUNDATION PROVIDES SUPPORT FOR VARIOUS OTHER PROGRAMS WITHIN THE MONTAGE HEALTH FAMILY. EXAMPLES INCLUDE PROGRAMS FOR OUTPATIENT IMMUNOLOGY SERVICE, CANCER PREVENTION AND SUPPORT GROUPS, PHYSICIAN RETENTION AND ENGAGEMENT, PEDIATRIC WELLNESS, DIABETES PREVENTION, SUBSTANCE ABUSE PREVENTION, HEART SAFETY, AND INNOVATIVE SYSTEMS SUCH AS CLOSEDLOOP AI. 7811946 5322361 79090774 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 26 0 1 21 1 0 0 0 0 0 0 0 0 0 0 0 0 X 33 29 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X MATTHEW MORGAN 8316254965 PO BOX HH MONTEREY CA 93942 STEVEN PACKER MD EX OFFICIO - PRESIDENT & CEO 1.00 54.00 X X 0 2188518 550160 MATTHEW MORGAN EX OFFICIO - VP/CFO 1.00 54.00 X X 0 758608 151303 KEVIN CAUSEY VP/CHIEF DEVELOPMENT OFFICER 45.00 10.00 X 0 516568 85607 CRAIG STAUFFER MD DIRECTOR 1.00 54.00 X 0 548351 52734 MICHELLE YOUNG FOUNDATION DIRECTOR 40.00 X 0 262305 95529 DEANNA ROSSI SR. PHILANTHROPY MANAGER 40.00 X 0 165400 46283 JENNIFER WOOD PHILANTHROPY OFFICER 40.00 X 0 173625 33548 DEMETRA JAMSON PHILANTHROPY OFFICER 40.00 X 0 145090 42286 KELLY LEPAI VOLUNTEER AND RETAIL SVC MANAGER 40.00 X 0 112132 66168 ZACHARY KOONTZ MD DIRECTOR 1.00 X 0 28575 0 KATHERYN SWANSON MD DIRECTOR 1.00 X 0 4313 0 RYAN EDWARDS CHAIR 1.00 X X 0 0 0 KEVIN MAHONEY VICE CHAIR 1.00 X X 0 0 0 KIMBERLEY NEGRI SECRETARY 1.00 X X 0 0 0 THEODORE BALESTRERI II DIRECTOR 1.00 X 0 0 0 PAUL BASZUCKI DIRECTOR 1.00 X 0 0 0 DAVID BENJAMIN III DIRECTOR 1.00 X 0 0 0 RANDALL CHARLES DIRECTOR 1.00 6.00 X 0 0 0 SCOTT CLEGG EX-OFFICIO - PRESIDENT OF THE AUXILIARY 1.00 X 0 0 0 WILLIAM DOOLITTLE DIRECTOR 1.00 X 0 0 0 NICHOLAS FANTL DIRECTOR 1.00 X 0 0 0 CRAIG GEILER MD DIRECTOR 1.00 X 0 0 0 REBECCA HEISER DIRECTOR 1.00 X 0 0 0 DANIEL HIGHTOWER MD DIRECTOR 1.00 X 0 0 0 PAUL HOFFMAN DIRECTOR 1.00 X 0 0 0 KIRAN KAMATH DIRECTOR 1.00 X 0 0 0 ROBERT KAVNER DIRECTOR 1.00 X 0 0 0 CLAYTON LARSON DIRECTOR 1.00 X 0 0 0 SHARON MERESMAN DIRECTOR 1.00 X 0 0 0 LINDA MURILLO DIRECTOR 1.00 X 0 0 0 JOAN O'REILLY DIRECTOR 1.00 X 0 0 0 NANCY PEROCCHI DIRECTOR 1.00 X 0 0 0 STEFANIE SKINNER DIRECTOR 1.00 X 0 0 0 JOANNE STORKAN DIRECTOR 1.00 X 0 0 0 CLARK STRUVE DIRECTOR 1.00 X 0 0 0 WILLIAM TYLER III DIRECTOR 1.00 X 0 0 0 BILL WARNER EX-OFFICIO - CHAIR OF MONTAGE HEALTH BOARD 1.00 1.00 X 0 0 0 PATRICK WELTON MD DIRECTOR 1.00 X 0 0 0 WILLIAM YOUNG DIRECTOR 1.00 2.00 X 0 0 0 0 4903485 1123618 0 0 1 0 SUSAN KRANE CONSULTING 6363 CHRISTIE AVENUE 214 EMERYVILLE CA 94608 ART PROGRAM CONSULTANT 190339 1 6491572 14397178 225529 20888750 6342273 6342273 802758 200 225529 61 577229 139 577368 577368 824716 538172 286544 286544 AUXILIARY REVENUE 900099 118018 118018 MISCELLANEOUS REVENUE 900099 3295 3295 121313 28216248 0 0 7327498 76415285 76415285 185904 185904 2627847 543326 536146 1548375 116122 20860 28663 66599 1074609 193043 265249 616317 164776 29600 40673 94503 3505 1592 1672 241 34649 15733 16529 2387 1597621 798811 798810 527439 471479 894 55066 29585 4563 6129 18893 104821 27344 18610 58867 240368 112241 28914 99213 31404 14071 3941 13392 NON-MEDICAL SUPPLIES 73582 39806 7338 26438 694500 217116 121226 356158 83922017 79090774 1874794 2956449 10302890 12892131 3816 2828 4723442 3423884 56815 58154 173369 205496 28819 19485 4605677 604951 3945297 4000726 136976068 122897759 70362535 55328762 2633900 95500 229206951 198924725 437112 531799 422000 1915132 1287232 1035383 2146344 3482314 X 30918785 33519095 196141822 161923316 227060607 195442411 229206951 198924725 -55705769 24087573 0 X 0 1 X 1 0 X 11095475 15599138 22315889 18674317 20888750 88573569 11095475 15599138 22315889 18674317 20888750 88573569 7703794 80869775 3136777 2616672 10326124 5918008 6342273 28339854 612230 424686 626233 821651 946029 3430829 120344252 0.67200 0.68620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 64451188 2053244 9522022 12134 3226396 72787924 76750533 352336 -8981465 11104 3659112 64451188 62850298 150060 16585166 9590 2825401 76750533 54574157 2199940 7481781 5580 1400000 62850298 45194164 100000 9279993 54574157 0.00000 0.75460 0.24540 0 1 1 3819180 3959 3815221 786497 600992 185505 4000726 MANAGED FUTURE 14110106 C PRIVATE EQUITY 41218656 C 55328762 INTERCOMPANY PAYABLE 122117 ASSETS HELD FOR AUXILIARY/GIFT SHOP 913266 1035383 X 49522979 24087573 24087573 25435406 1597621 1183221 2780842 28216248 81141175 0 81141175 1597621 1183221 2780842 83922017 PART V, LINE 4: MONTAGE HEALTH FOUNDATION'S ENDOWMENT FUNDS SUPPORT VARIOUS ASPECTS OF THE MONTAGE HEALTH FAMILY. THE LARGEST ENDOWMENT IS OHANA, WHICH FUNDS CHILD AND ADOLESCENT MENTAL AND BEHAVIORAL HEALTH. OTHER ENDOWMENTS SUPPORT NURSING SCHOLARSHIPS, PHYSICIAN SCHOLARSHIPS AND ENGAGEMENT, HOSPICE OPERATIONS, AND CANCER PATIENT SUPPORT. PART X, LINE 2: THE FOUNDATION ASSESSES UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740-10, INCOME TAXES. THE FOUNDATION RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS IN OPERATING EXPENSES. THERE WERE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023 AND 2022. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANT REVENUE FROM MONTAGE HEALTH 1,183,221. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT REVENUE FROM MONTAGE HEALTH 1,183,221. 1 COMMUNITY HOSPITAL OF THE MONTEREY PENINSULA PO BOX HH MONTEREY CA 93942 940760193 501(C)(3) 71583021 0 OHANA BEHAVIORIAL HEALTH PROGRAM, NURSING EXCELLENCE, ONE MONTAGE EDUCATION PROGRAM, AED & INNOVATIVE EQUIP. MONTAGE HEALTH PO BOX HH MONTEREY CA 93942 942789696 501(C)(3) 1440454 0 PHYSICIAN ENGAGEMENT, PROPERTIES EQUITY SHARE, PATIENT ASSISTANCE ASPIRE HEALTH PLAN 10 RAGSDALE DRIVE SUITE 101 MONTEREY CA 93940 461567681 501(C)(4) 1286082 0 POPULATION HEALTH, PRESCRIBE SAFETY PROGRAM, YOUTH OUTREACH & INNOVATION SOFTWARE MONTAGE MEDICAL GROUP PO BOX HH MONTEREY CA 93942 264826604 501(C)(3) 2105728 0 PHYSICIAN RECRUITMENT AND TRAINING, OUTPATIENT IMMUNOLOGY SERVICES 3 1 SCHOLARSHIPS 85 185904 PART I, LINE 2: GRANTS ARE MADE WITHIN THE MONTAGE HEALTH FAMILY. USAGE IS MONITORED BY THE GRANTS COMMITTEE. SCHOLARSHIPS TO INDIVIDUALS ARE AWARDED AND MONITORED BY THE AUXILIARY SCHOLARSHIP COMMITTEE. 0 1 0 0 0 1 1 0 0 STEVEN PACKER MD EX OFFICIO - PRESIDENT & CEO 0 1015887 0 383300 0 789331 0 516858 0 33302 0 2738678 0 732679 MATTHEW MORGAN EX OFFICIO - VP/CFO 0 538655 0 161822 0 58131 0 94210 0 57093 0 909911 0 0 KEVIN CAUSEY VP/CHIEF DEVELOPMENT OFFICER 0 349004 0 81180 0 86384 0 52305 0 33302 0 602175 0 0 CRAIG STAUFFER MD DIRECTOR 0 523333 0 25018 0 0 0 13200 0 39534 0 601085 0 0 MICHELLE YOUNG FOUNDATION DIRECTOR 0 190685 0 35321 0 36299 0 38436 0 57093 0 357834 0 0 DEANNA ROSSI SR. PHILANTHROPY MANAGER 0 161156 0 0 0 4244 0 12981 0 33302 0 211683 0 0 JENNIFER WOOD PHILANTHROPY OFFICER 0 140040 0 0 0 33585 0 20035 0 13513 0 207173 0 0 DEMETRA JAMSON PHILANTHROPY OFFICER 0 142490 0 0 0 2600 0 15646 0 26640 0 187376 0 0 KELLY LEPAI VOLUNTEER AND RETAIL SVC MANAGER 0 106516 0 0 0 5616 0 9075 0 57093 0 178300 0 0 PART I, LINE 3 A RELATED ORGANIZATION HAS A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES THAT REVIEWS AND APPROVES THE OFFICERS' COMPENSATION. A CONSULTING FIRM IS ENGAGED TO PROVIDE COMPARABLE DATA. PART I, LINE 4B STEVEN PACKER PARTICIPATED IN A 457(F) PLAN AND RECEIVED A DISTRIBUTION DURING 2023 IN THE AMOUNT OF $732,679. 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. X 6 0 SEE DISCLOSURE X 0 SEE DISCLOSURE X 9 225529 FMV X FOOD AND GIFTS 29 0 SEE DISCLOSURE 0 0 1 0 PART I, COLUMN (B): COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. PART I, LINE 33: MONTAGE HEALTH FOUNDATION RECEIVES ITEMS UNRELATED TO ITS COURSE OF BUSINESS WHICH ARE NOT RECORDED AS REVENUE. EXAMPLES INCLUDE BOOKS AND KNITTED CAPS, WHICH ARE DONATED UNVALUED AND ARE INTENDED TO BENEFIT DEPARTMENTS WITHIN OUR SISTER COMPANY COMMUNITY HOSPITAL OF THE MONTEREY PENINSULA. ARTWORK RECEIVED WITHOUT A VALUATION AND FORM 8283 IS SIMILARLY TREATED. FORM 990, PART VI, SECTION A, LINE 6 MONTAGE HEALTH IS THE SOLE CORPORATE MEMBER OF MONTAGE HEALTH FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A MONTAGE HEALTH HAS THE RIGHT TO ELECT AND REMOVE, WITH OR WITHOUT CAUSE, THE TRUSTEES OF MONTAGE HEALTH FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7B MONTAGE HEALTH HAS THE RIGHT TO ADOPT, AMEND, OR REPEAL THE ARTICLES OF INCORPORATION AND BY-LAWS OF MONTAGE HEALTH FOUNDATION; FIX THE NUMBER OF, ELECT OR REMOVE, WITH OR WITHOUT CAUSE, THE TRUSTEES OF MONTAGE HEALTH FOUNDATION; AND TO APPOINT OR REMOVE, WITH OR WITHOUT CAUSE, THE OFFICERS OF MONTAGE HEALTH FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT 990 IS DISTRIBUTED TO ALL BOARD MEMBERS FOR REVIEW BEFORE THE FINAL FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION USES SELF DISCLOSURE TO REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AND ANNUAL REPORT AVAILABLE TO THE PUBLIC ON ITS OWN WEBSITE. MONTAGE HEALTH PO BOX HH MONTEREY CA 93942 942789696 SUPPORT SERVICES CA 501(C)(3) LINE 7 N/A 0 COMMUNITY HOSPITAL OF THE MONTEREY PENINSULA PO BOX HH MONTEREY CA 93942 940760193 HEALTHCARE SERVICES CA 501(C)(3) LINE 3 MONTAGE HEALTH 0 ASPIRE HEALTH PLAN 10 RAGSDALE DRIVE SUITE 101 MONTEREY CA 93940 461567681 INSURANCE COMPANY CA 501(C)(4) MONTAGE HEALTH 0 MONTAGE MEDICAL GROUP PO BOX HH MONTEREY CA 93942 264826604 HEALTHCARE SERVICES CA 501(C)(3) LINE 3 MONTAGE HEALTH 0 MOGO URGENT CARE 23625 HOLMAN HIGHWAY MONTEREY CA 93940 832329260 MEDICAL SERVICES CA 501(C)(3) LINE 3 MONTAGE HEALTH 0 CENTRAL COAST HEALTH CONNECT LLC 10 RAGSDALE DRIVE SUITE 102 MONTEREY CA 93940 611759835 HEALTH SERVICES CA N/A 0 0 SAN CARLOS & 7TH LLC 23625 HOLMAN HIGHWAY MONTEREY CA 93940 274672809 REAL ESTATE CA N/A 0 0 MONTEREY BAY ENDOSCOPY CENTER LLC 23 UPPER RAGSDALE DRIVE MONTEREY CA 93940 770324855 ENDOSCOPY CENTER CA N/A 0 0 CHARITABLE REMAINDER TRUSTS (2) PO BOX HH MONTEREY CA 93942 HOLDING COMPANY CA N/A T 0 CYPRESS MEDICAL NETWORK INC PO BOX HH MONTEREY CA 93942 770438780 INACTIVE CA N/A C 0 COASTAL TPA INC PO BOX 80308 SALINAS CA 93912 770523382 MEDICAL CLAIMS PROCESSING CA N/A C 0 COASTAL HEALTHCARE ADMINISTRATORS PO BOX 80308 SALINAS CA 93912 770311413 MEDICAL CLAIMS PROCESSING CA N/A C 0 BAY SERVICES INC PO BOX 80308 SALINAS CA 93912 942250761 SERVICES CA N/A C 0 0 1 1 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 ASPIRE HEALTH PLAN B 1286082 COST