Altamed Health Services Corp
87% goes to programs $8 to raise $100 Strong reserves Growing revenue
Altamed Health Services Corp is a 501(c)(3) organization based in Commerce, California, registered in 1970, with $1,720,050,956 in FY2024 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
2040 Camfield Ave, Commerce, CA, 90040 EIN 95-2810095 Since 1970
Revenue (FY2024)
$1.7B
▲ 16.2% vs prior year
Health median: $840K
Expenses (FY2024)
$1.7B
Net assets
$1.0B
Employees
6,287
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating87% to programs · $8 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Altamed Health Services Corp: 87% to programs · $8 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Altamed Health Services Corp: 7 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Altamed Health Services Corp: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Altamed Health Services Corp: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
See schedule o : to eliminate disparities in health care access and outcomes by providing superior quality health and human services through an integrated world-class delivery system for latino, multi-ethnic and underserved communities in southern california.vision: to be the leading community-based provider of quality health care and human services.
What they do
Senior services altamed's 16 programs of all-inclusive care for the elderly (pace) sites allow over 5,000 nursing-home eligible frail and elderly seniors and disabled adults to continue safely living in their communities. pace's uniquely integrative model addresses participants' complex and comprehensive medical and social needs by surrounding the pace member with a team of interdisciplinary, culturallyresponsive care providers that include physicians, nurses, pharmacists, social workers, nutritionists, therapists, and health educators. services include primary care/geriatric medicine, nursing care, rehabilitation therapy, family support interventions, counseling, medication management, nutrition education, social activities, and "door through door" transportation services to participants' homes and to specialty care medical appointments. coordinated services ensure the member continues to enjoy the benefits and comforts of aging in place, as long as possible. the pace model embodies the philosophy of care and the core values of altamed: patientcentered and engaging, pace is responsive to the range of whole-person needs of its patients beyond medical care that include ongoing social, emotional, spiritual, and cultural nourishment to keep them healthy, active, and out of emergency rooms and extended hospital stays.
Hiv care and services with over two decades of experience providing comprehensive hiv care, altamed serves more than 1,500 patients each year through four dedicated hiv primary care clinics in los angeles and orange counties. it has established itself as a longstanding provider supported by multi-year federal, state, and local funding. in addition to outpatient medical care, altamed offers a full range of hiv services. these include benefits specialty services that help patients navigate public programs and health coverage, as well as oral health services tailored to the specific needs of people living with hiv. altamed also provides transportation assistance to reduce barriers to accessing care, along with comprehensive medical and non-medical case management to ensure ongoing support and effective care coordination. early intervention services are available to engage newly diagnosed individuals in timely, appropriate care. additionally, altamed offers robust hiv prevention services, including prep/pep navigation, routine hiv/sti testing, and comprehensive link-to-care services to facilitate a seamless transition from diagnosis to sustained medical management.
Youth services - altamed provides an array of youth services to over 1,200 at-risk teens and young adults in medically-underserved communities each year. services include: pregnancy and std prevention programs, family planning, health education and information workshops, linkages to clinical services, case management for pregnant/parenting teens, parenting education, support for parenting teens to help them stay in school and life-skills development. altamed also provides intensive tutoring for high school students, mentorship, guidance into college and technical schools, and workforce development with career pipelines in the medical field.the altamed institute for health equity (aihe). through innovation and community engagement, the work of the institute is to address a wide array of health inequities that disproportionately affect racial and ethnic groups, including addressing the multiple social determinants of health which lead to disparities in clinical outcomes. altamed's patient population is overwhelmingly from racial/ethnic minorities including individuals with limited english proficiency that suffer disproportionately from health disparities. through translational research, grants, and strategic partnerships, the institute is developing evidence-based strategies to improve patient care. the institute represents the establishment of critical resources to advise altamed health services on systematically addressing key issues in health equity by deve
Contact & location
- Address
- 2040 Camfield Ave, Commerce, CA, 90040
- City
- Commerce
- State
- California
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $360.4M (FY2013) to $1.7B (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $651.2MNet assets $1.0B
Operating margin
4.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7B
Total liabilities
$651.2M
Net assets
$1.0B
Salaries & benefits
$701.2M
42% of expenses
Board members
11
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,720,050,956▲16.2% | $1,651,636,796▲18.6% | $1,011,571,849▲9.3% | $1,662,774,257▲9.4% | 990 |
| 2023 | $1,480,779,622▲18.5% | $1,392,162,287▲25.0% | $925,741,286▲19.2% | $1,519,511,621▲17.5% | 990 |
| 2022 | $1,249,678,105▲18.5% | $1,113,812,347▲11.1% | $776,450,137▲3.2% | $1,293,422,751▲10.4% | 990 |
| 2021 | $1,054,136,361▲21.0% | $1,002,853,406▲25.3% | $752,083,169▲9.8% | $1,171,212,102▲14.5% | 990 |
| 2020 | $871,232,823▲24.1% | $800,489,035▲22.3% | $684,916,023▲30.4% | $1,022,946,635▲18.9% | 990 |
| 2018 | $702,094,093▲8.5% | $654,751,982▲16.9% | $525,165,248▲13.0% | $860,392,869▲17.3% | 990 |
| 2017 | $646,916,980▲16.0% | $560,011,673▲14.7% | $464,630,356▲21.4% | $733,197,247▲25.5% | 990 |
| 2016 | $557,725,164▲9.6% | $488,142,039▲15.4% | $382,870,133▲28.3% | $584,158,588▲17.6% | 990 |
| 2015 | $508,780,725▲23.9% | $423,091,557▲15.9% | $298,525,266▲38.7% | $496,702,569▲61.4% | 990 |
| 2014 | $410,528,175▲13.9% | $364,979,113▲23.8% | $215,295,650▲26.5% | $307,729,125▲23.7% | 990 |
| 2013 | $360,363,626 | $294,703,223▲16.6% | $170,168,529▲66.3% | $248,721,208▲51.9% | 990 |
| 2012 | — | $252,695,602▲16.3% | $102,352,004▲15.9% | $163,689,226▲15.5% | 990 |
| 2011 | — | $217,239,993▲17.8% | $88,340,920▲7.6% | $141,747,709▲14.7% | 990 |
| 2010 | — | $184,382,701▲9.9% | $82,089,201▲18.4% | $123,551,915▲10.3% | 990 |
| 2009 | — | $167,724,326 | $69,338,053 | $112,000,907 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Castulo De La Rocha Jd — $1,925,688 (0.12% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Castulo De La Rocha Jd | President & Ceo | 40 | $1,925,688 |
| Anna Tran | Sr. Strategy Executive | 40 | $1,024,088 |
| Zoila Escobar | Evp, Chief Admin Officer | 40 | $904,246 |
| Jose U Esparza | Evp Finance & Cfo | 40 | $898,376 |
| Esiquio Casillas | Svp, Medical Director, Pace | 40 | $833,613 |
| Rico Cristian | Chief Medical Officer | 40 | $765,820 |
| Efrain Talamantes | Svp, Hs Chief Operating of | 40 | $750,289 |
| Seema Kamal | Svp General Counsel | 40 | $732,738 |
| Melanie Lin | Medical Director | 80 | $724,905 |
| Luis Ontiveros | Staff Physician | 80 | $723,740 |
| Marco De La Rocha | President of Ahn | 40 | $618,817 |
| Parham Naghdechi | Hospitalist | 40 | $603,678 |
| Raymond Lowe | Svp, Chief Information Officer | 40 | $601,999 |
| Jay Lee | Board Member | 1.2 | — |
| Jose Avalos Md | Board Chair | 1.6 | — |
| Joseph Gomez | Consumer Board Member | 1.6 | — |
| Lucy Herrera | Board Vice-chair | 1.2 | — |
| Marc Victor | Board Member | 1.2 | — |
| Maria Cervantes | Board Member | 1.2 | — |
| Maria Grimaldo | Consumer Board Member | 1.2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Children Hospital Los Angeles Medical Gr | Medical Service | $19,475,780 |
| Ultracare Services LLC | Staffing Agency | $10,534,333 |
| Pro Park LLC | Transportation Service | $5,739,791 |
| Williams Services | Facility Service | $3,733,470 |
| Enable Dental Inc | Dental Service | $2,827,179 |
Grants received · $13.1M total
102 grants to Altamed Health Services Corp totaling $13.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Direct Relief | Los angeles county wildfires repsonse | 2024 | $914,110 |
| Kaiser Foundation Hospitals | Research | 2024 | $406,001 |
| Public Health Institute | Capacity building | 2024 | $116,659 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2024 | $113,024 |
| Baby2baby | In-kind donations of program supplies for needy families | 2024 | $99,261 |
| Tides Center | Equity, human rights, and economic empowerment | 2024 | $25,000 |
| California Healthcare Foundation | Chw/p/r amplifying impact initiative community of spread | 2024 | $15,000 |
| Public Health Institute | Capacity building | 2023 | $783,341 |
| Kaiser Foundation Hospitals | Research | 2023 | $557,655 |
| University of Southern California | Subaward | 2023 | $353,676 |
| Pasadena Hospital Association Ltd | Program support | 2023 | $175,000 |
| American Online Giving Foundation Inc | General support | 2023 | $125,000 |
| Baby2baby | In-kind donations of program supplies for needy families | 2023 | $116,149 |
| Charles Drew University of Medicine & Science | Health careers opportnty prog: natl hcop academies | 2023 | $106,089 |
| California Community Foundation | Health | 2023 | $70,000 |
Grants made · $2.7M in FY2024
54 grants totaling $2.7M in FY2024 — showing the 15 largest. All grants made by Altamed Health Services Corp →
| Recipient | Purpose | Amount |
|---|---|---|
| Protect Our Healthcare | Reduced health disparity in underserved communities. | $1,000,000 |
| Mayors Fund For Los Angeles | Reduced health disparity in underserved communities. | $205,000 |
| National Medical Fellowships Inc | Reduced health disparity in underserved communities. | $175,000 |
| Southwest Voter Registration Education Project Inc | Reduced health disparity in underserved communities. | $125,000 |
| Childrens Hospital Los Angeles | Reduced health disparity in underserved communities. | $100,000 |
| Latino Victory Project | Reduced health disparity in underserved communities. | $100,000 |
| American Friends of the Hebrew University Inc | Reduced health disparity in underserved communities. | $80,000 |
| Mexican American Opportunity Foundation | Reduced health disparity in underserved communities. | $75,000 |
| White Memorial Medical Center | Reduced health disparity in underserved communities. | $50,000 |
| Youth Champions Inc | Reduced health disparity in underserved communities. | $40,000 |
| Be Social Productions LLC | Reduced health disparity in underserved communities. | $37,500 |
| The Ucla Foundation | Reduced health disparity in underserved communities. | $35,000 |
| Cesar Chavez Foundation | Reduced health disparity in underserved communities. | $35,000 |
| Latino Medical Student Association National | Reduced health disparity in underserved communities. | $35,000 |
| Telacu Education Fountation | Reduced health disparity in underserved communities. | $30,000 |
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Frequently asked questions
- Is Altamed Health Services Corp a legitimate nonprofit?
- Yes. Altamed Health Services Corp is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-2810095, based in Commerce, California. Donations are tax-deductible.
- What is Altamed Health Services Corp's EIN?
- Altamed Health Services Corp's Employer Identification Number (EIN) is 95-2810095.
- How much revenue does Altamed Health Services Corp report?
- Altamed Health Services Corp reported $1,720,050,956 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Altamed Health Services Corp's spending goes to programs?
- Altamed Health Services Corp spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Altamed Health Services Corp have?
- CharityIndex grades Altamed Health Services Corp A, based on program efficiency and fundraising cost.
- How much does Altamed Health Services Corp's highest-paid employee make?
- The highest reported compensation on Altamed Health Services Corp's latest Form 990 is $1,925,688, paid to Castulo De La Rocha Jd (President & Ceo).
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Data for Altamed Health Services Corp (EIN 95-2810095) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.