2024-11-14T10:36:39-06:00 2023-12-31 135565207 KPMG LLP 550 SOUTH HOPE STREET SUITE 1500 LOS ANGELES CA 90071 990 2023-01-01 453583707 HMTS INC HMTS 9497644624 ONE HOAG DRIVE PO BOX 6100 NEWPORT BEACH CA 926586100 ANDREW GUARNI EVP & CFO 9497644448 2024-11-13 1 0 HOLLY MOEN P01800653 2139724000 2024-11-13 2023 2024-10-15 13:58:12Z ANDREW GUARNI ONE HOAG DRIVE PO BOX 6100 NEWPORT BEACH CA 926586100 0 0 X N/A X 2011 CA THE PRIMARY PURPOSES OF THE CORPORATION ARE TO SUPPORT, BENEFIT AND FURTHER THE CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES OF HMHP. IN 2019, HMTS BEGUN AN OPERATIONAL TRANSFORMATION PERIOD, WHEREBY A SIGNIFICANT PORTION OF THE EXISTING OPERATIONS AND ASSOCIATED ASSETS WERE TRANSITIONED TO HOAG CLINIC, A WHOLLY-OWNED EXEMPT SUPPORT ORGANIZATION OF HOAG MEMORIAL HOSPITAL PRESBYTERIAN. HMTS OFFICERS AND BOARD MEMBERS ARE IN THE PROCESS OF DEFINING THE NEXT PHASE OF HMTS OPERATIONS, WHICH WILL BE IN LINE WITH THE ORGANIZATION'S UNDERLYING PURPOSE WHICH IS TO SUPPORT, BENEFIT AND FURTHER THE CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES OF HOAG MEMORIAL HOSPITAL PRESBYTERIAN. 2 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6695 22500 6695 22500 -6695 -22500 0 0 17366886 17389386 -17366886 -17389386 X SEE SCHEDULE O 0 0 HMTS, INC. (HMTS) WAS ORGANIZED TO CARRY OUT CHARITABLE HEALTHCARE FUNCTIONS, FOR THE BENEFIT OF HOAG MEMORIAL HOSPITAL PRESBYTERIAN. IN 2019, HMTS BEGUN AN OPERATIONAL TRANSFORMATION PERIOD, WHEREBY A SIGNIFICANT PORTION OF THE EXISTING OPERATIONS AND ASSOCIATED ASSETS WERE TRANSITIONED TO HOAG CLINIC, A WHOLLY-OWNED EXEMPT SUPPORT ORGANIZATION OF HOAG MEMORIAL HOSPITAL PRESBYTERIAN. HMTS OFFICERS AND BOARD MEMBERS ARE IN THE PROCESS OF DEFINING THE NEXT PHASE OF HMTS OPERATIONS, WHICH WILL BE IN LINE WITH THE ORGANIZATION'S UNDERLYING PURPOSE WHICH IS TO SUPPORT, BENEFIT AND FURTHER THE CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES OF HOAG MEMORIAL HOSPITAL PRESBYTERIAN. 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X ANDREW GUARNI 9497644448 ONE HOAG DRIVE PO BOX 6100 NEWPORT BEACH CA 92658 ANDREW GUARNI PRES./EVP & CFO HMHP/SEC H 2.00 54.00 X X 0 1122664 48127 KRIS IYER BOARD CHAIR/SR VP & CAO HM 2.00 52.00 X X 0 590833 41085 0 1713497 89212 0 0 1 0 0 0 0 0 0 X 19700 19700 2800 2800 22500 0 22500 0 0 0 17366886 17389386 17366886 17389386 X -17366886 -17389386 -17366886 -17389386 0 0 -22500 0 X 0 1 X 1 0 X X X 1 HOAG MEMORIAL HOSPITAL PRESBYTERIAN 951643327 3 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART I, LINE 12G, COLUMN (VI) OTHER SUPPORT ALTHOUGH HMTS DOES NOT PROVIDE ANY DIRECT MONETARY SUPPORT TO HOAG MEMORIAL HOSPITAL PRESBYTERIAN (HMHP), ITS UNDERLYING MISSION IS TO SUPPORT, BENEFIT AND FURTHER THE CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES OF HMHP. HMTS OFFICERS AND BOARD MEMBERS ARE IN THE PROCESS OF DEFINING THE NEXT PHASE OF HMTS OPERATIONS, WHICH WILL BE IN LINE WITH THE ORGANIZATION'S UNDERLYING MISSION. 0 DUE TO RELATED ENTITIES 17389386 17389386 X PART X, LINE 2: UNCERTAIN TAX POSITION UNDER ASC 740 FOOTNOTE FROM THE HMHP CONSOLIDATED AUDITED FINANCIAL STATEMENTS: ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES, CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING A MINIMUM RECOGNITION THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. ASC TOPIC 740 ALSO PROVIDES GUIDANCE ON DERECOGNITION, MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE, AND TRANSITION. THE GUIDANCE IS APPLICABLE TO PASS-THROUGH ENTITIES AND TAX-EXEMPT ORGANIZATIONS. NO SIGNIFICANT TAX LIABILITY FOR TAX BENEFITS, INTEREST, OR PENALTIES WAS ACCRUED AT DECEMBER 31, 2023 AND 2022. 0 1 0 0 0 0 0 0 0 ANDREW GUARNI PRES./EVP & CFO HMHP/SEC H 0 823387 0 271683 0 27594 0 40650 0 8752 0 1172066 0 15310 KRIS IYER BOARD CHAIR/SR VP & CAO HM 0 456302 0 124667 0 9864 0 40650 0 1205 0 632688 0 0 PART I, LINE 3 DESCRIPTION OF CEO PAID BY EXEMPT PARENT THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER IS PAID BY ITS TAX EXEMPT PARENT, HOAG MEMORIAL HOSPITAL PRESBYTERIAN (HMHP), AND IS DISCLOSED AS A PERSON PAID BY A RELATED ORGANIZATION. SEE SCHEDULE O, PART VI, LINE 15A FOR THE PROCESS THAT IS COMPLETED BY HOAG MEMORIAL HOSPITAL PRESBYTERIAN. PART I, LINE 4B PARTICIPATION IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THE ORGANIZATION'S TAX-EXEMPT PARENT, HOAG MEMORIAL HOSPITAL PRESBYTERIAN MAKES ANNUAL CONTRIBUTIONS TO A SERP PLAN ON BEHALF OF CERTAIN MEMBERS OF SENIOR MANAGEMENT IN ACCORDANCE WITH THEIR EMPLOYMENT CONTRACTS. THE FOLLOWING INDIVIDUAL RECEIVED A PAYOUT DURING THE CURRENT YEAR: ANDREW GUARNI - $15,310 FORM 990, PART V, LINE 2 W-2S HOAG MEMORIAL HOSPITAL PRESBYTERIAN (HMHP) PAYS ALL EMPLOYEES OF HMTS, INC. AND THEREFORE ISSUES ALL W-2S. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS THE SOLE MEMBER OF THE CORPORATION IS HOAG MEMORIAL HOSPITAL PRESBYTERIAN, A RELATED TAX-EXEMPT ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A POWER TO ELECT OR APPOINT MEMBERS THE CORPORATION'S SOLE MEMBER ELECTS THE DIRECTORS OF HMTS, INC. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS RESERVED FOR MEMBERS OR STOCKHOLDERS THE FOLLOWING DECISIONS ARE RESERVED FOR MEMBERS: A) CHANGES TO THE ARTICLES OF INCORPORATION; B) CHANGES OR AMENDMENTS TO THE BYLAWS; C) APPOINTMENT AND REMOVAL OF DIRECTORS; D) REMOVAL OF OFFICERS; E) ANY CHANGE IN THE FUNDAMENTAL NATURE OF THE CORPORATION; F) DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS; G) ANY MERGER, CONSOLIDATION OR SIMILAR REORGANIZATION OF THE CORPORATE STRUCTURE, OR DISSOLUTION, OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B PROCESS USED TO REVIEW THE 990 THE CORPORATION'S BOARD OF DIRECTORS REVIEW THE FORM 990 PRIOR TO ISSUANCE. FORM 990 WAS PREPARED BASED ON INFORMATION RECEIVED FROM VARIOUS SOURCES. THE CORPORATION ENGAGED AN OUTSIDE ACCOUNTING FIRM TO PREPARE THE RETURN. THE RETURN HAS BEEN REVIEWED BY MANAGEMENT, INCLUDING AN OFFICER OF THE CORPORATION. THE BOARD IS PROVIDED WITH A DRAFT FORM 990 AND IS PROVIDED AMPLE TIME TO READ THE DOCUMENT AND DEVELOP QUESTIONS. THE BOARD THEN CONVENES PRIOR TO THE ISSUANCE OF FORM 990 TO REVIEW AND DISCUSS THE DRAFT FORM 990 WITH MANAGEMENT. AN ELECTRONIC VERSION OF FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MONITORING & ENFORCEMENT OF COMPLIANCE WITH COI POLICY THE CORPORATION HAS A COMPREHENSIVE BOARD CONFLICT OF INTEREST POLICY. OFFICERS, DIRECTORS, NON-DIRECTOR MEMBERS OF BOARD COMMITTEES, SENIOR EXECUTIVES AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE. RESPONSES TO THE QUESTIONNAIRE ARE SUBMITTED FOR REVIEW AND RECOMMENDATION TO THE CHIEF COMPLIANCE OFFICER, FOLLOWED BY REVIEW AND CONSIDERATION BY THE AUDIT & COMPLIANCE COMMITTEE OR THE BOARD, AS DETERMINED BY THE CONFLICT-OF-INTEREST POLICY. IF, SUBSEQUENT TO COMPLETION OF THE ANNUAL QUESTIONNAIRE, ANY COVERED PERSON BECOMES AWARE OF AN INTEREST THAT COULD GIVE RISE TO A CONFLICT OF INTEREST, THE COVERED PERSON IS OBLIGATED TO PROMPTLY DISCLOSE THE INTEREST. THE AUDIT & COMPLIANCE COMMITTEE OR THE BOARD, AS DETERMINED BY THE CONFLICT-OF-INTEREST POLICY SHALL DETERMINE IF A DISCLOSED INTEREST MAY RESULT IN A CONFLICT OF INTEREST. THE PERSON WITH THE POTENTIAL CONFLICT OF INTEREST MAY NOT BE PRESENT DURING ANY MEETING IN WHICH THE AUDIT & COMPLIANCE OR THE BOARD CONDUCTS ITS EVALUATION, EXCEPT TO ANSWER QUESTIONS. THE AUDIT & COMPLIANCE COMMITTEE MAY REQUEST ADDITIONAL INFORMATION BEFORE REACHING A DETERMINATION. WHERE A CONFLICT IS DETERMINED TO EXIST, THE AUDIT & COMPLIANCE COMMITTEE OR BOARD, SHALL NOT ENGAGE IN A CONTRACT, TRANSACTION, OR ARRANGEMENT, UNLESS THE BOARD OF DIRECTORS OR AUDIT & COMPLIANCE COMMITTEE HAVE INVESTIGATED ALTERNATIVES AND DEVELOPED AND IMPLEMENTED A PLAN FOR MANAGING THE CONFLICT. ANY DIRECTOR HAVING A CONFLICT OF INTEREST WITH RESPECT TO A PROPOSED CONTRACT, TRANSACTION OR ARRANGEMENT IS PROHIBITED FROM VOTING ON ANY MATTER RELATING TO THE CONTRACT, TRANSACTIONS OR ARRANGEMENT, AND IS EXCUSED FROM THE PORTION OF THE MEETING WHERE THE PROPOSED CONTRACT IS DISCUSSED. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION: THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER AND OTHER OFFICERS ARE PAID BY HOAG MEMORIAL HOSPITAL PRESBYTERIAN, AND ARE DISCLOSED AS PERSONS PAID BY A RELATED ORGANIZATION DURING TAX YEAR ENDING 12-31-23. THE COMPENSATION OF THE OFFICERS ARE REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF HOAG'S BOARD OF DIRECTORS, COMPRISED SOLELY OF INDEPENDENT DIRECTORS. THE COMPENSATION COMMITTEE RECEIVES A STUDY PERFORMED BY AN INDEPENDENT CONSULTING FIRM THAT REVIEWS LEVELS OF COMPENSATION AT COMPARABLE ORGANIZATIONS FOR COMPARABLE POSITIONS WHEN SETTING COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES. THIS PROCESS OF USING COMPARABLE DATA TO ESTABLISH LEVELS OF COMPENSATION HAS BEEN IN PLACE IN EXCESS OF 39 YEARS. THE COMPENSATION COMMITTEE DOCUMENTS THAT THE COMPENSATION IS REASONABLE IN ITS BOARD MINUTES DURING EXECUTIVE SESSION. THIS PROCESS WAS LAST COMPLETED IN 2023. IN ADDITION, THE INDEPENDENT CONSULTING FIRM PROVIDES THE BOARD WITH AN OPINION LETTER EACH YEAR CERTIFYING THAT THE COMPENSATION PROGRAM AND ALL PAY ELEMENTS (TOTAL REMUNERATION) APPROVED BY THE BOARD ARE DEEMED REASONABLE IN COMPLIANCE WITH IRC SECTION 4958. FORM 990, PART VI, SECTION C, LINE 19 PROCESS FOR MAKING DOCUMENTS AVAILABLE TO THE PUBLIC THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICTS OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,800. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,800. HOAG CHARITY SPORTS 2081 BUSINESS CTR DR STE 195 NEWPORT BEACH CA 92663 452982422 SUPPORT CA 501(C)(3) 7 HHF 1 HOAG CLINIC ONE HOAG DRIVE PO BOX 6100 NEWPORT BEACH CA 92658 330676831 HEALTHCARE CA 501(C)(3) 10 HMHP 0 HOAG HOSPITAL FOUNDATION ONE HOAG DRIVE PO BOX 6100 NEWPORT BEACH CA 92658 953222343 FUNDRAISING CA 501(C)(3) 7 HMHP 0 HOAG MEMORIAL HOSPITAL PRESBYTERIAN ONE HOAG DRIVE PO BOX 6100 NEWPORT BEACH CA 92658 951643327 HEALTHCARE CA 501(C)(3) 3 0 HOAG ORTHOPEDIC INSTITUTE ONE HOAG DRIVE BOX 6100 NEWPORT BEACH CA 92658 611588294 HEALTHCARE CA HMHP N/A 0 0 NEWPORT IMAGING CENTER 360 SAN MIGUEL NEWPORT BEACH CA 92660 330191776 HEALTHCARE CA HMHP N/A 0 0 COASTAL ASC HOLDINGS LLC ONE HOAG DRIVE BOX 6100 NEWPORT BEACH CA 92658 810986844 HEALTHCARE CA HMHP N/A 0 0 HOAG MANAGEMENT SERVICES INC ONE HOAG DRIVE BOX 6100 NEWPORT BEACH CA 92658 330731587 HEALTHCARE CA HMHP C 0 HOAG PHYSICIAN PARTNERS 16148 SAND CANYON AVE IRVINE CA 92618 834276044 HEALTHCARE CA N/A C 0 HOAG ORTHOPEDIC NETWORK ONE HOAG DRIVE PO BOX 6100 NEWPORT BEACH CA 92658 834062064 HEALTHCARE CA N/A C 0 HOAG ORTHOPEDIC INSTITUTE SPECIALISTS ONE HOAG DRIVE PO BOX 6100 NEWPORT BEACH CA 92658 HEALTHCARE CA N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0