COMMUNITY HOSPITAL OF THE MONTEREY PENINSULA

MONTEREY, CA, 93940-5902 (831) 625-4821 Est. 1928 EIN 94-0760193
E220— Health Care Form 990 501(c)(3)
www.chomp.org

Mission

COMMUNITY HOSPITAL OF THE MONTEREY PENINSULA IS DEDICATED TO IDENTIFYING AND MEETING THE CHANGING HEALTHCARE NEEDS OF THE PEOPLE OF THE MONTEREY PENINSULA AND SURROUNDING COMMUNITIES.WE ARE COMMITTED TO PROVIDING HIGH-QUALITY SERVICES AT A COMPETITIVE COST AND WITHIN A SAFE ENVIRONMENT.WE PROVIDE EDUCATIONAL AND PUBLIC-SERVICE PROGRAMS TO ENHANCE THE HEALTH OF OUR COMMUNITY AND THE COMPETENCE OF THOSE WHO PROVIDE THE SERVICE.WE CARE FOR ALL WHO COME THROUGH OUR DOORS, REGARDLESS OF ABILITY TO PAY, TO THE FULLEST EXTENT ALLOWED BY LAW AND AVAILABLE RESOURCES.THE HOSPITAL'S GUIDING PRINCIPLES ALSO EMPHASIZE COMMITMENT TO COMMUNITY SERVICE BY STRESSING COMMUNITY COLLABORATION, HOSPITAL LEADERSHIP, AND QUALITY HEALTHCARE SERVICES. OUR MISSION AND GUIDING PRINCIPLES ARE THE BASIS FOR ALL OUR COMMUNITY BENEFIT PROGRAM DECISIONS.

Giving Portfolio

Total Grants
143
Total Giving
$490.0M
Recipients
140
Years Active
2018 - 2024
Avg grant: $4,335,237 Median: $10,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202444$51.6M $1.2M1331
202338$131.3M $3.5M1820
202218$295.5M $16.4M810
202028$4.5M $161K169
201815$7.1M $471K150

Sectors Funded

Human Services
30
Health Care
14
Diseases & Disorders
13
Youth Development
11
Mental Health & Crisis Intervention
10
Philanthropy & Grantmaking
9
Food, Agriculture & Nutrition
7
Housing & Shelter
5
and 7 more sectors

Top States

California
137
District of Columbia
2
Texas
2
New York
1
Georgia
1

Grantee Size Profile

$1M - $5M
37
Over $50M
21
$500K - $1M
18
$5M - $10M
18
$100K - $500K
16
$10M - $50M
11
Under $100K
3

Top Grantees

Page 1 of 3
CA - 3 grants
$454.7M
$23.2M
MONTEREY COUNTY HEALTH DEPARTMENT
CA - 5 grants
$320K
$307K
MONTEREY SPORTS CENTER
CA
$100K

Grants Awarded · 130 grants

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Financials

Total Revenue
$919,640,712
Total Expenses
$875,954,987
Net Assets
$312,461,230
3,244 employees 539 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
4.3 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 8.1%
Expenses ↓ 6.2%
Revenue Sources
Contributions 2.1% Earned revenue 97.8%
Expense Breakdown
Program 85.5% Management 14.5%

Officers & Trustees (30)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Jan 1, 2024 to Dec 31, 2024
$919,640,712 $875,954,987$312,461,230
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$1,000,724,678 $933,598,710$264,864,230
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$828,432,615 $1,017,201,411$217,566,911
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$689,582,224 $597,720,182$252,382,689
2018 Form 990
Jan 1, 2018 to Dec 31, 2018
$617,449,556 $558,738,468$113,353,258

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EIN: 94-0760193 · Source: IRS Form 990 e-file data