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Montage Health

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 942789696 ✦ Monterey, CA ✦ Designated as a 501(c)(3)

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Overview

What is Montage Health?

Montage Health, named Community Hospital Foundation, is a nonprofit organization based in Monterey Peninsula. As the tax-exempt parent company of Community Hospital and its affiliates, they oversee all charitable contributions made in the hospital's name. Their primary mission is to support the community hospital and its related entities by receiving and allocating donations to enhance their services.


Official website here: www.montagehealth.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)

Montage Health has received an impressive score of 96%, which translates to a Four-Star rating on Charity Navigator. This rating reflects the organization's strong emphasis on accountability and financial management, showcasing its commitment to transparency and responsible stewardship of resources.

One of the notable strengths of Montage Health is its governance structure, with a majority of board members (87%) being independent. This fosters a level of oversight and ensures that the organization is run effectively, with a clear focus on its mission. The charity also excels in financial oversight, with no reported material diversion of assets and a commendable liabilities to assets ratio of 20.21%.

While the organization displays robust financial health and governance practices, the available data does not indicate any specific limitations or challenges faced by Montage Health. Overall, the charity's high rating and strong financial metrics suggest that it is well-positioned to continue fulfilling its mission effectively.


This AI summary has been generated from information found on Charity Navigator.

Is Montage Health legitimate?

Montage Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montage Health submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,243,365

For more financial information, click here


Official website here: www.montagehealth.org

What is the mission statement of Montage Health?

Montage Health's Community Hospital Foundation serves as the nonprofit, tax-exempt umbrella organization for Community Hospital and its affiliates. The foundation is responsible for managing all charitable donations intended for the hospital. Its mission is to support the hospital and its related entities by utilizing these donations to enhance their capabilities and services for the community.


Official website here: www.montagehealth.org

Who is the CEO of Montage Health?

Steven Packer is the Principal Officer of Montage Health. The CEO's salary of Montage Health is $0 and their total compensation is $843,021.


Official website here: www.montagehealth.org

What is the revenue of Montage Health?

Montage Health's revenue in 2022 was $340,757,665.


Official website here: www.montagehealth.org

Who are the executives of Montage Health and what are their salaries?

There 15 volunteers at Montage Health.


Here are 28 key members and their salaries (Montage Health's CEO's salary is $0 and their total compensation is $843,021):


Steven Packer Md (President/Chief Executive Officer)
  • Compensation: $0
  • Related: $1,274,631
  • Other: $1,321,268
Laura Zehm (Sr Vp, Cao (Thru 7/22))
  • Compensation: $0
  • Related: $922,761
  • Other: $148,744
Susan Swick (Vp, Chief Mental Health Officer)
  • Compensation: $0
  • Related: $706,233
  • Other: $120,430
Mark Carvalho Md (Vp, Ceo Of Mmg And Mogo)
  • Compensation: $0
  • Related: $734,097
  • Other: $108,924
Kevin Causey (Vp, Chief Development Officer)
  • Compensation: $0
  • Related: $475,339
  • Other: $73,664
Steven Cabrales Md (Vp, Chief Medical Officer)
  • Compensation: $0
  • Related: $700,453
  • Other: $103,371
Matthew Morgan (Vp, Chief Financial Officer)
  • Compensation: $0
  • Related: $670,562
  • Other: $129,446
Cynthia Peck (Vp, Acute Svcs (Thru 4/22))
  • Compensation: $0
  • Related: $680,960
  • Other: $32,009
Deborah Sober (Vp, Chief Nursing Officer)
  • Compensation: $0
  • Related: $572,044
  • Other: $95,004
Paul Conocenti (Vp, Chief Information Officer)
  • Compensation: $0
  • Related: $591,453
  • Other: $81,432
Gregory Smorzewski (Vp, Chro)
  • Compensation: $0
  • Related: $371,509
  • Other: $90,235
Tim Nylen (Vp, Cco (Thru 5/22))
  • Compensation: $0
  • Related: $348,764
  • Other: $25,998
Daniel Chibaya (Vp, Operations)
  • Compensation: $0
  • Related: $252,802
  • Other: $20,614
Guru Khalsa Md (Trustee)
  • Compensation: $75,000
  • Related: $99,324
  • Other: $0
Kathleen Bang (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Charles (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Warner (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Alvarez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Blum Md (Trustee)
  • Compensation: $0
  • Related: $320,568
  • Other: $12,200
Patrick Burke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mimi Hahn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Hill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kiran Kamath (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Mckee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John O'Brien (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Penetta (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Snorf (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Young (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.montagehealth.org

Where can I find the form 990 for Montage Health?

Montage Health's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.montagehealth.org

Learn more at the official website: www.montagehealth.org

Mission Statement of Montage Health

Montage Health, as the nonprofit parent company of Community Hospital and its affiliates, is dedicated to providing vital support services. This tax-exempt organization functions as the primary recipient of charitable contributions intended for the hospital. By doing so, Montage Health plays a crucial role in enhancing the hospital's ability to serve its community effectively. The mission of Montage Health is multifaceted, focusing on the overall well-being of the hospital and its related entities. Through its charitable endeavors, Montage Health ensures that the hospital has the necessary resources to deliver exceptional healthcare services to its patients. By acting as a steward of philanthropic gifts, Montage Health fosters a culture of giving and collaboration, ultimately benefiting the entire healthcare community it serves.

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Impact




October, 2024

Montage Health significantly enhances the health and well-being of the Monterey Peninsula community by providing essential support services to the Community Hospital and its affiliates. Through dedicated efforts, it facilitates access to quality medical care and resources, ensuring that residents receive the health services they need. The organization plays a crucial role in funding various programs and initiatives that improve patient care and promote public health within the region. Overall, Montage Health's impact is felt through its commitment to enriching community health, fostering a collaborative healthcare environment, and addressing the diverse needs of the population it serves.




This information is meant to be a general summary of Montage Health. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$340,757,665 (2022)
Expenses
$34,309,667 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $37,249,447
  • Program Service Revenue: $8,539,734
  • Gross Receipts: $393,376,159

Assets and Liabilities:

  • Total Assets: $1,374,704,648
  • Total Liabilities: $23,510,807
  • Net Assets: $1,351,193,841

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM RELATED RENTAL INCOME

Revenue

$8,282,075

PROGRAM REVENUE

Revenue

$257,659

Organization Details

Founding Year

1981

Principal Officer

Steven Packer

Main Address

PO BOX HH, MONTEREY, CA, 93942

NTEE Category

Code: E110 - Health

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