Altamed Foundation
Altamed Foundation reported $10.3 million in revenue and $6.2 million in expenses for calendar year 2024. Of every $100 it spent, $100.00 went to program services, $0.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 74.4% of the total. The highest compensation it reported for one person was $1,949,272 (BOARD MEMBER). Revenue fell 80% between 2021 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $6.2MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 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 $10MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 100.0% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.0% | 11.5% |
| 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 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 74.4% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,949,272 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 31.44% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 0 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 117.5 | 6.8 |
| Independent voting board members Part VI 1a–1b | 30 of 33 | 100.0% |
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 expenseThe foundation was founded to support ahsc in achieving it mission to increase access to comprehensive health and human services and reduce healthcare disparities in southern california communities. The foundation provided support to its supported organization, altamed health servics corp. (ahsc), to fund the following ahsc programs:civic engagementour civic engagement programs engage patients and the larger community in understanding the value of the right to vote and empowering community members to excerise that vote. In 2024, we contacted 141,845 voters throughout california and reached…
Mobile clinic/clinic home visit programclinician home visit programfour clinical teams serve over 550 chronically ill patients at home. These patients are too ill or unable to come into a clinic, because they face a variety of challenges, including transportation. This program provides routine management and evaluation, as well as immediate phone access to a dedicated medical team
General clinical carethis care was provided to some of the 5.5% of altamed patients who are uninsured and cannot afford to pay the full cost of care. The scope of care includes primary care, dental care, behavioral health and any speciality care altamed offers onsite. The total number of patient visits was 78,072, which includes patients accessing care at various altamed clinics
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| BOARD MEMBER Director/trustee, 3.00 hrs/week | $0 | $1,925,688 | $23,584 | $1,949,272 |
| PRESIDENT Director/trustee, officer, 4.00 hrs/week | $0 | $904,246 | $23,584 | $927,830 |
| CFO Director/trustee, officer, 1.00 hrs/week | $0 | $898,376 | $20,703 | $919,079 |
0 people received more than $100,000 in reportable compensation from Altamed Foundation (Part VII, line 2).
4 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b33 · 30 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2Yes
- 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 4No
- 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 50
- Volunteers Part I, line 633
Correct a figure or respond
Every number above is copied from Altamed Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Altamed Foundation, you can publish a response that is linked from this page.
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Of every $100 Altamed Foundation spent in 2024, $100.00 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Community Action for ImprovementLagrange, GA · revenue $10M · programs 91.9% · FY2025
- Slovene Home for the AgedCleveland, OH · revenue $10M · programs 64.9% · 2024
- San Francisco Public Health FoundationSan Francisco, CA · revenue $10M · programs 80.6% · FY2025
- National League for NursingWashington, DC · revenue $10M · programs 64.7% · 2024
- The Ccds FoundationCincinnati, OH · revenue $10M · programs 97.3% · FY2025
All unclassified charities · Largest charities in California
Questions people ask
How much of Altamed Foundation's spending goes to programs?
In calendar year 2024, Altamed Foundation reported that 100.0% of its $6.2 million in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Altamed Foundation pay its top executive?
The largest total compensation Altamed Foundation reported for one person in calendar year 2024 was $1,949,272, for the role of BOARD MEMBER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Altamed Foundation get its money?
Of $10.3 million in revenue in calendar year 2024, 74.4% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Altamed Foundation a registered charity?
The IRS lists EIN 95-4090420 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 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 202533219349311433 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443209349321234 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333199349331358 · read the filing
- 2021: Form 990 for calendar year 2021, object 202213189349319621 · read the filing
All filings for EIN 95-4090420: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.