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Community Hospital of the Monterey Peninsula

Monterey, CA · EIN 94-0760193 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Community Hospital of the Monterey Peninsula reported $919.6 million in revenue and $876.0 million in expenses for calendar year 2024. Of every $100 it spent, $85.48 went to program services, $14.52 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.8% of the total. The highest compensation it reported for one person was $2,566,012 (PRESIDENT & CEO). 1,304 people received more than $100,000 in reportable compensation. Revenue rose 32% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $876M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $920M

Investment income was negative: −$2.3M. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
85.5%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
14.5%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.1%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
97.8%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,566,012$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.29%1.34%
People paid over $100,000
Part VII, line 2
1,30427
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.36.6
Independent voting board members
Part VI 1a–1b
14 of 1688.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$749M expenses · 100.0% of program spending · grants $52M · revenue $894M

The organization operates a 258 bed licensed hospital providing healthcare to the general public of the greater monterey peninsula. During 2024, there were 14,124 admissions; 65,427 adult patient days; 521,510 outpatient visits; 9,800 surgeries; 60,673 emergency room visits; 42,552 hospice benefit days; and 1,067 births

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO
Director/trustee, officer, 35.00 hrs/week
$1,932,079$0$633,933$2,566,012
VP, CHIEF MENTAL HEALTH OFFICER
Officer, 50.00 hrs/week
$877,219$0$141,895$1,019,114
VP, CHIEF FINANCIAL OFFICER
Officer, 35.00 hrs/week
$813,108$0$163,123$976,231
VP, CHIEF MEDICAL OFFICER
Officer, 50.00 hrs/week
$791,661$0$121,628$913,289
VP, CHIEF NURSING OFFICER
Officer, 50.00 hrs/week
$611,897$0$119,713$731,610
FORMER VP/POST ACUTE SERVICES
Former, 0.00 hrs/week
$659,433$0$0$659,433
VP, CHIEF HUMAN RESOURCE OFFICER
Officer, 45.00 hrs/week
$546,339$0$107,637$653,976
OPERATING/INFORMATION OFFICER
Officer, 50.00 hrs/week
$556,758$0$94,579$651,337

1,304 people received more than $100,000 in reportable compensation from Community Hospital of the Monterey Peninsula (Part VII, line 2). Compensation of current officers, directors and key employees totaled $8.0M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$500M$1.00B$1.50B$2.00B201920202021202220232024$920M$876M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$920M$876M85.5%$312M$2,566,012
2023 ⓘ$1.00B$934M89.4%$265M$2,738,678
2022 ⓘ$828M$1.02B89.9%$218M$2,595,900
2021 ⓘ$752M$648M87.2%$363M$2,418,036
2020 ⓘ$690M$598M86.9%$252M$1,376,415
2019 ⓘ$699M$625M84.5%$189M$2,347,795

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b16 · 14 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 53,244
  • Volunteers Part I, line 6539

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
MONTEREY PENINSULA RADIOLOGIST GROUP
Radiology services
$15,802,300
MEDICAL SOLUTIONS LLC
Registry nursing
$14,376,325
EMERGENCY ACUTE CARE MEDICAL GROUP
Emergency md services
$10,163,869
MONTEREY BAY EMERGENCY PHYSICIANS MED GR
Emergency md services
$8,974,732
MONTEREY HOSPITALIST MEDICAL GROUP
Hospitalist group services
$7,831,714

Individuals listed as contractors are left out. 151 contractors were paid more than $100,000 in all.

Private foundation grants it received

4 private foundations reported grants to Community Hospital of the Monterey Peninsula totaling $36,500 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Community Hospital of the Monterey Peninsula's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Community Hospital of the Monterey Peninsula, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in California

Questions people ask

How much of Community Hospital of the Monterey Peninsula's spending goes to programs?

In calendar year 2024, Community Hospital of the Monterey Peninsula reported that 85.5% of its $876.0 million in expenses went to program services, 14.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Community Hospital of the Monterey Peninsula pay its top executive?

The largest total compensation Community Hospital of the Monterey Peninsula reported for one person in calendar year 2024 was $2,566,012, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Community Hospital of the Monterey Peninsula get its money?

Of $919.6 million in revenue in calendar year 2024, 2.1% came from contributions and grants and 97.8% from program service revenue (Form 990, Part VIII).

Is Community Hospital of the Monterey Peninsula a registered charity?

The IRS lists EIN 94-0760193 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513189349316421 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403189349312000 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343199349320789 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203189349313310 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143199349313789 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003189349312695 · read the filing

All filings for EIN 94-0760193: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.