Overview
What is Altamed Health Services Corporation?
Altamed Health Services Corporation is a significant nonprofit organization based in Los Angeles, California, with a workforce of over 4,700 employees. Their mission is to eliminate disparities in healthcare access and outcomes for underrepresented communities, primarily focusing on Latino, multi-ethnic populations in Southern California. Altamed operates 31 primary care and dental clinics, as well as two mobile units, serving over 245,000 patients in Los Angeles and Orange Counties. These patients face barriers to care and positive health outcomes, including higher chronic disease burdens. In 2022, over 50,700 children and adults accessed oral health services through Altaemed's dental clinics, mobile units, and portable oral health units. Additionally, independent providers contracted through Altaemed's Independent Practice Association (IPA) served an additional 85,000 patients. Altaemed's integrated delivery system encompasses a vast network of primary care physicians, specialists, ancillary service providers, and skilled nursing facilities, ensuring comprehensive care and coordination for their diverse patient population.
Official website here: www.altamed.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star Rating
Altamed Health Services Corporation has received an impressive Four-Star rating from Charity Navigator, with a score of 97%. This high rating reflects the organization’s strong emphasis on accountability and finance, showcasing a commitment to transparency and effective resource management. The Accountability & Finance score of 83% demonstrates sound fiscal practices, while the perfect 100% in Culture & Community indicates robust engagement with stakeholders.
The organization excels in various accountability measures, such as maintaining a fully independent board and having no material diversions of assets. Furthermore, their financial health is evident through a favorable liabilities to assets ratio of 35.78% and a program expense ratio of 90.22%, indicating that a significant majority of their funds are directed toward programs rather than administrative costs.
User feedback highlights Altamed's effective collection and utilization of stakeholder insights, with perfect scores in both categories. The organization also prioritizes equity strategies, showcasing a commitment to inclusivity through data-driven policies and processes. Overall, Altamed Health Services Corporation is recognized not only for its financial stewardship but also for its community engagement and responsiveness to challenges.
This AI summary has been generated from information found on Charity Navigator.
Is Altamed Health Services Corporation legitimate?
Altamed Health Services Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Altamed Health Services Corporation 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: $6,872,961
Professional Fundraising Fees: $334,003
Other Salaries and Wages: $323,454,934
For more financial information, click here
Official website here: www.altamed.org
What is the mission statement of Altamed Health Services Corporation?
Altamed Health Services Corporation strives to eliminate disparities in healthcare access and outcomes by delivering superior quality health and human services to underrepresented communities. Their mission is to provide integrated world-class care to Latino, multi-ethnic, and underserved populations, focusing on historically underinvested immigrant communities. In 2022, they served over 245,000 patients primarily facing obstacles to care and positive health outcomes. Altamed's dental clinics and mobile units offered essential oral health services to thousands of children and adults, while independent providers in their network reached an additional 85,000 patients. Through their physician network, they provided care and coordination for patients outside of their clinic walls, offering a comprehensive range of services including primary care, specialties, and ancillary providers.
Official website here: www.altamed.org
Who is the CEO of Altamed Health Services Corporation?
Jose U Esparza is the Board Secretary of Altamed Health Services Corporation. The CEO's salary of Altamed Health Services Corporation is $1,404,966 and their total compensation is $1,447,586.
Official website here: www.altamed.org
What is the revenue of Altamed Health Services Corporation?
Altamed Health Services Corporation's revenue in 2022 was $1,249,678,105.
Official website here: www.altamed.org
Who are the executives of Altamed Health Services Corporation and what are their salaries?
The average compensation at Altamed Health Services Corporation during 2022 was $69,601. There are 4746 employees and 9 volunteers at Altamed Health Services Corporation.
Here are 22 key members and their salaries (Altamed Health Services Corporation's CEO's salary is $1,404,966 and their total compensation is $1,447,586):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,404,966
- Related: $0
- Other: $42,620
- Compensation: $673,963
- Related: $0
- Other: $56,109
- Compensation: $686,265
- Related: $0
- Other: $42,620
- Compensation: $962,533
- Related: $0
- Other: $32,397
- Compensation: $683,943
- Related: $0
- Other: $86,956
- Compensation: $657,033
- Related: $0
- Other: $65,922
- Compensation: $637,469
- Related: $0
- Other: $86,956
- Compensation: $739,874
- Related: $0
- Other: $20,558
- Compensation: $541,745
- Related: $0
- Other: $72,956
- Compensation: $562,708
- Related: $0
- Other: $27,000
- Compensation: $646,377
- Related: $0
- Other: $44,052
- Compensation: $604,902
- Related: $0
- Other: $28,181
- Compensation: $1,055,124
- Related: $0
- Other: $0
Official website here: www.altamed.org
Where can I find the form 990 for Altamed Health Services Corporation?
Altamed Health Services Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.altamed.org
Learn more at the official website: www.altamed.org
Mission Statement of Altamed Health Services Corporation
Altamed Health Services Corporation, a renowned nonprofit organization, is committed to eliminating disparities in healthcare access and outcomes for Latino, multi-ethnic, and underserved communities in Southern California. With a vision to be the leading community-based provider of superior quality health care and human services, Altamed operates an integrated world-class delivery system.
In pursuit of its mission, Altamed provides medical and dental services to over 245,000 patients in historical underinvested immigrant communities. These patients often face obstacles to care and positive health outcomes due to disproportionately higher chronic disease burdens. In 2022, Altamed operated 31 primary care and dental clinics, as well as two mobile units, offering medical, dental, and community outreach services. Their dental clinics and mobile units provided oral exams, flouride treatments, prophylaxis, restorative services, rehabilitative services, extractions, other surgery procedures, sealants, and emergency services to over 50,700 children and adults.
Additionally, independent providers contracted through Altamed's Independent Practice Association (IPA) served an additional 85,000 patients throughout Los Angeles and Orange Counties. These patients received care and coordination through Altamed's IPA physician network, which included primary care physicians, specialists, sub-specialists, and ancillary service providers. Altamed's comprehensive services aimed to address the diverse healthcare needs of the communities it serves, ensuring access to essential medical, dental, and human services.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Altamed Health Services Corporation significantly impacts the health landscape in Southern California by providing comprehensive medical and dental services tailored to Latino, multi-ethnic, and underserved communities. With a network of 31 clinics and two mobile units, Altamed serves over 245,000 patients, addressing the persistent healthcare disparities faced by historically underinvested immigrant populations.
In 2022, the organization's dental clinics treated more than 50,700 individuals, offering essential services such as oral exams, fluoride treatments, and emergency dental care. Additionally, Altamed's Independent Practice Association (IPA) extends its reach, coordinating care for an additional 85,000 patients through a robust network of primary care physicians and specialists.
By delivering high-quality, integrated healthcare, Altamed not only improves access but also fosters better health outcomes, helping to mitigate the challenges posed by chronic diseases prevalent in these communities. Its mission to eliminate healthcare disparities positions Altamed as a crucial provider in the region, promoting equity and well-being among some of the most vulnerable populations.
This information is meant to be a general summary of Altamed Health Services Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $17,543,725
- Program Service Revenue: $1,042,173,219
- Gross Receipts: $1,385,864,218
Assets and Liabilities:
- Total Assets: $1,293,422,751
- Total Liabilities: $516,972,614
- Net Assets: $776,450,137
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGED CARE CONTRACTS
Revenue
$710,734,420
NET PATIENT SERVICES
Revenue
$255,558,427
PHARMACY REVENNUE
Revenue
$75,184,548
WELLNESS INCENTIVES
Revenue
$695,824
Organization Details
Founding Year
1970
Phone
(323) 725-8751Principal Officer
Jose U Esparza
Main Address
2040 CAMFIELD AVENUE, LOS ANGELES, CA, 90040
Website
www.altamed.orgNTEE Category
Code: E320 - Health
If you are a representative of Altamed Health Services Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.