2025-11-14T20:08:06-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2024-01-01 264826604 MONTAGE MEDICAL GROUP MONT 8317189720 PO BOX HH MONTEREY CA 93942 LAURA MCMAHON INTERIM CFO 8316254821 2025-11-14 1 1 LESLIE VAN P01294411 4159561500 2025-11-14 2024 2025-03-06 01:10:19Z MIKE MCDERMOTT PO BOX HH MONTEREY CA 93942 51506430 0 X WWW.MONTAGEMEDICALGROUP.ORG X 2009 CA TO PROVIDE HEALTH CARE FOR THE GENERAL PUBLIC, CARRY ON ANY EDUCATIONAL ACTIVITIES RELATED TO RENDERING CARE TO THE SICK OR INJURED, AND TO PARTICIPATE IN SCIENTIFIC HEALTHCARE-RELATED RESEARCH TO PROMOTE THE GENERAL HEALTH OF THE COMMUNITY. 8 5 396 5 0 0 2105728 2013000 38503498 49493430 0 0 0 0 40609226 51506430 0 0 0 0 61329637 67712274 0 0 0 15740232 16295097 77069869 84007371 -36460643 -32500941 5406018 6388262 116871405 150354590 -111465387 -143966328 TO PROVIDE HEALTH CARE FOR THE GENERAL PUBLIC, CARRY ON ANY EDUCATIONAL ACTIVITIES RELATED TO RENDERING CARE TO THE SICK OR INJURED, AND TO PARTICIPATE IN SCIENTIFIC HEALTHCARE-RELATED RESEARCH TO PROMOTE THE GENERAL HEALTH OF THE COMMUNITY. 0 0 79806922 49493430 DIRECT CLINICAL SERVICES. 79806922 1 1 0 0 0 0 0 0 0 0 1 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 31 0 1 396 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 5 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X LAURA MCMAHON 8316254821 PO BOX HH MONTEREY CA 93942 STEVEN PACKER MD PRESIDENT & CEO 10.00 48.00 X X 0 1932079 633933 MARK VIERRA MD PHYSICIAN 48.00 2.00 X 1057642 1750 41856 STEVEN LOME DO PHYSICIAN 48.00 2.00 X 985967 85019 53334 STEVEN CHANG MD PHYSICIAN 48.00 2.00 X 972824 19425 53334 MATTHEW MORGAN VP, CFO 2.00 59.00 X 0 813108 163123 GREGORY SPOWART MD PHYSICIAN 48.00 2.00 X 909425 155994 28056 MARK CARVALHO MD VP, CEO OF MMG AND MOGO 45.00 11.00 X 0 792196 128182 AARUSH MANCHANDA MD PHYSICIAN 50.00 0.00 X 851578 0 13800 THOMAS CUNNINGHAM MD DIRECTOR 48.00 2.00 X 542252 7656 26553 GRACE CASSERLY MD DIRECTOR 48.00 2.00 X 445870 350 35205 RANDALL CHARLES CHAIR 2.00 6.00 X X 0 0 0 JACK JEWETT DIRECTOR 2.00 2.00 X 0 0 0 STAN MCKEE DIRECTOR 2.00 2.00 X 0 0 0 WAYNE MOON DIRECTOR 2.00 0.00 X 0 0 0 NATALIE NIELSON DIRECTOR 2.00 0.00 X 0 0 0 5765558 3807577 1177376 124 0 1 0 CYPRESS HEALTHCARE PARTNERS 100 WILSON ROAD SUITE 100 MONTEREY CA 93940 MANAGEMENT SERVICES 3923684 AQUITY SOLUTIONS LLC PO BOX 536470 PITTSBURGH PA 152535906 VIRTUAL SCRIBE 654995 CADENCE HEALTH FL PLLC 295 LAFAYETTE STREET 7TH FLOOR NEW YORK NY 10012 PATIENT MONITORING SERVICE 482226 W LANE VERLENDEN MD INC 2 UPPER RAGSDALE DR STE B230 MONTEREY CA 93940 SURGICAL SERVICES 225243 TRINITY MAINTENANCE SERVICES 820 PARK ROW SUITE 463 SALINAS CA 93901 JANITORIAL SERVICES 222775 13 2013000 2013000 NET PATIENT REVENUE 621110 36669530 36669530 OTHER OPERATING REVENUE 621110 12823900 12823900 49493430 51506430 49493430 0 0 1049880 1049880 55442079 53076417 2365662 1172037 1078093 93944 7207381 6523187 684194 2840897 2719679 121218 3823023 3554475 268548 2013295 1910764 102531 675600 641820 33780 4125395 3919125 206270 474929 451183 23746 MEDICAL SUPPLIES 2971553 2822975 148578 OTHER DIRECT EXPENSES 1704689 1603185 101504 OTHER SUPPLIES 506613 456139 50474 84007371 79806922 4200449 0 1097538 1775479 2701756 2815134 241310 276389 6784406 5284162 1344398 1500244 21016 21016 5406018 6388262 4580958 5780828 112290447 144573762 116871405 150354590 X -111465387 -143966328 -111465387 -143966328 5406018 6388262 -32500941 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 464882 345438 119444 6319524 4938724 1380800 1500244 INTERCOMPANY PAYABLES 144573762 144573762 X PART X, LINE 2: THE ORGANIZATION ASSESSES UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH THE PROVISIONS OF THE FASB ASC TOPIC 740-10, INCOME TAXES. THE ORGANIZATION RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS IN OPERATING EXPENSES. THERE WERE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023. 0 1 0 0 0 0 0 1 0 STEVEN PACKER MD PRESIDENT & CEO 0 1082219 0 377440 0 472420 0 602212 0 31721 0 2566012 0 415464 MARK VIERRA MD PHYSICIAN 868330 1750 189312 0 0 0 13800 0 28056 0 1099498 1750 0 0 STEVEN LOME DO PHYSICIAN 467766 85019 518201 0 0 0 13800 0 39534 0 1039301 85019 0 0 STEVEN CHANG MD PHYSICIAN 795761 19425 177063 0 0 0 13800 0 39534 0 1026158 19425 0 0 MATTHEW MORGAN VP, CFO 0 572889 0 180398 0 59821 0 108428 0 54695 0 976231 0 0 GREGORY SPOWART MD PHYSICIAN 765313 155994 144112 0 0 0 0 0 28056 0 937481 155994 0 0 MARK CARVALHO MD VP, CEO OF MMG AND MOGO 0 588192 0 159331 0 44673 0 75624 0 52558 0 920378 0 0 AARUSH MANCHANDA MD PHYSICIAN 467766 0 383812 0 0 0 13800 0 0 0 865378 0 0 0 THOMAS CUNNINGHAM MD DIRECTOR 332144 7656 210108 0 0 0 13800 0 12753 0 568805 7656 0 0 GRACE CASSERLY MD DIRECTOR 233696 350 212174 0 0 0 12250 0 22955 0 481075 350 0 0 PART I, LINE 3 A RELATED ORGANIZATION HAS A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES THAT REVIEWS AND APPROVES THE OFFICERS' COMPENSATION. A CONSULTING FIRM IS ENGAGED TO PROVIDE COMPARABLE DATA. PART I, LINE 4B STEVEN PACKER PARTICIPATED IN A 457(F) PLAN AND RECEIVED A DISTRIBUTION DURING 2024 IN THE AMOUNT OF $415,464. PART I, LINE 7 PART OF THE INCENTIVE PACKAGES FOR MANAGEMENT ARE BASED ON MEETING PERFORMANCE GOALS DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 3 CYPRESS HEALTHCARE IS A PROFESSIONAL PHYSICIAN MANAGEMENT COMPANY. WHEN THE FORMER EXECUTIVE DIRECTOR LEFT, CYPRESS HEALTHCARE ASSUMED SOME OF THE RESPONSIBILITIES OF THE ED. FORM 990, PART VI, SECTION A, LINE 6 MONTAGE HEALTH IS THE SOLE CORPORATE MEMBER OF MONTAGE MEDICAL GROUP. FORM 990, PART VI, SECTION A, LINE 7A MONTAGE HEALTH HAS THE RIGHT TO ELECT AND APPOINT THE DIRECTORS OF MONTAGE MEDICAL GROUP. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING GOVERNANCE DECISIONS ARE RESERVED FOR MONTAGE HEALTH: (A) THE MERGER, CONSOLIDATION OR DISSOLUTION OF THE CORPORATION; (B) THE AMENDMENT OR RESTATEMENT OF THE ARTICLES OF INCORPORATION OR THE BYLAWS OF THE CORPORATION; (C) THE AGGREGATE BORROWING FOR ANY PURPOSE OF AN AMOUNT IN EXCESS OF A DOLLAR AMOUNT TO BE ESTABLISHED BY MONTAGE HEALTH FROM TIME TO TIME. FOR PURPOSES OF THIS SUBSECTION, AGGREGATE BORROWING INCLUDES, BUT IS NOT LIMITED TO, LEASE AGREEMENTS AND CONTRACTS OF SALE OR PURCHASE; (D) THE PURCHASE, SALE, LEASE, DISPOSITION, EXCHANGE, GIFT, PLEDGE OR ENCUMBRANCE OF ANY ASSET, REAL OR PERSONAL, OF THE CORPORATION WITH A VALUE IN EXCESS OF A DOLLAR AMOUNT TO BE ESTABLISHED BY MONTAGE HEALTH FROM TIME TO TIME; (E) THE APPROVAL OF ANY TRANSACTION OF THE CORPORATION IN WHICH A DIRECTOR OR OFFICER OF THE CORPORATION HAS A MATERIAL FINANCIAL INTEREST; (F) THE APPOINTMENT OF LEGAL COUNSEL AND AUDITORS FOR THE CORPORATION; (G) THE APPOINTMENT OF THE AUDIT COMMITTEE FOR THE CORPORATION; (H) THE ESTABLISHMENT OF LONG RANGE GOALS, PLANS AND STRATEGIES FOR THE CORPORATION; (I) THE APPOINTMENT OR REMOVAL OF THE PRESIDENT/CHIEF EXECUTIVE OFFICER OF THE CORPORATION; (J) THE APPROVAL OF THE EXACT NUMBER OF AUTHORIZED DIRECTORS WITHIN THE VARIABLE RANGE ESTABLISHED PURSUANT TO SECTION 2 OF ARTICLE IV OF THESE BYLAWS; AND (K) THE FILLING OF ANY VACANCY ON THE BOARD OF DIRECTORS, INCLUDING, WITHOUT LIMITATION, ANY VACANCY CREATED BY THE REMOVAL OF A DIRECTOR. FORM 990, PART VI, SECTION B, LINE 11B THE CFO AND VP FINANCE IS RESPONSIBLE FOR REVIEWING THE FORM 990 BEFORE FILING. ELECTRONIC COPIES ARE SENT TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY REQUIRES THAT ALL DIRECTORS, EXECUTIVE OFFICERS, OR ANY OTHER KEY EMPLOYEE WITH A MATERIAL FINANCIAL INTEREST IN A TRANSACTION MUST DISCLOSE SUCH MATERIAL FINANCIAL INTEREST OR POTENTIAL FOR AN EXCESS BENEFIT TRANSACTION TO THE BOARD OF TRUSTEES. THE BOARD SHALL DETERMINE WHETHER A CONFLICT EXISTS AND IN THE CASE OF AN EXISTING CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR, AND REASONABLE. IF A CONFLICT IS DEEMED TO EXIST, THE INTERESTED PERSON MUST RECUSE THEMSELVES FROM PARTICIPATING IN ANY CONSIDERATION OR DECISION RELATED TO THE TRANSACTION. SUCH DISCLOSURE AND ABSTENTION FROM A VOTE WILL BE MADE PART OF THE RECORD OF THE BOARD'S MEETINGS. THE DECISION OF THE BOARD ON THESE MATTERS WILL REST IN THEIR SOLE DISCRETION, AND THEIR CONCERN MUST BE THE WELFARE OF THE ORGANIZATION AND THE ADVANCEMENT OF ITS PURPOSE. FORM 990, PART VI, SECTION B, LINE 15 A RELATED ORGANIZATION HAS A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES THAT REVIEWS AND APPROVES THE OFFICERS' COMPENSATION. A CONSULTING FIRM IS ENGAGED TO PROVIDE COMPARABLE DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY REQUEST. MONTAGE SHARED SAVINGS LLC PO BOX HH MONTEREY CA 93942 264826604 HEALTH SERVICES CA 0 0 MONTAGE MEDICAL GROUP MONTAGE HEALTH PO BOX HH MONTEREY CA 93942 942789696 SUPPORT SERVICES CA 501(C)(3) LINE 7 N/A 0 MONTAGE HEALTH FOUNDATION PO BOX HH MONTEREY CA 93942 812889645 SUPPORT SERVICES CA 501(C)(3) LINE 7 MONTAGE HEALTH 0 MOGO URGENT CARE 23625 HOLMAN HIGHWAY MONTEREY CA 93940 832329260 MEDICAL SERVICES CA 501(C)(3) LINE 3 MONTAGE HEALTH 0 ASPIRE HEALTH PLAN 10 RAGSDALE DRIVE SUITE 101 MONTEREY CA 93940 461567681 INSURANCE COMPANY CA N/A MONTAGE HEALTH 0 COMMUNITY HOSPITAL OF THE MONTEREY PENINSULA PO BOX HH MONTEREY CA 93942 940760193 HEALTHCARE SERVICES CA 501(C)(3) LINE 3 MONTAGE HEALTH 0 MONTAGE SURGICAL GROUP DBA MONTAGE ORTHOPEDICS & SPORTS MED PO BOX HH MONTEREY CA 93942 333276947 HEALTHCARE SERVICES CA 501(C)(3) LINE 3 MONTAGE HEALTH 0 CENTRAL COAST HEALTH CONNECT LLC 10 RAGSDALE DRIVE SUITE 102 MONTEREY CA 93940 611759835 HEALTH SERVICES CA N/A 0 0 SAN CARLOS & 7TH LLC 23625 HOLMAN HIGHWAY MONTEREY CA 93940 274672809 REAL ESTATE CA N/A 0 0 MONTEREY BAY ENDOSCOPY CENTER LLC 23 UPPER RAGSDALE DRIVE MONTEREY CA 93940 770324855 ENDOSCOPY CENTER CA N/A 0 0 CYPRESS MEDICAL NETWORK INC PO BOX HH MONTEREY CA 93942 770438780 INACTIVE CA N/A C 0 COASTAL TPA INC PO BOX 80308 SALINAS CA 93912 770523382 MEDICAL CLAIMS PROCESSING CA N/A C 0 COASTAL HEALTHCARE ADMINISTRATORS PO BOX 80308 SALINAS CA 93912 770311413 MEDICAL CLAIMS PROCESSING CA N/A C 0 BAY SERVICES INC PO BOX 80308 SALINAS CA 93912 942250761 SERVICES CA N/A C 0 CHARITABLE REMAINDER TRUSTS (2) PO BOX HH MONTEREY CA 93942 HOLDING COMPANY CA N/A T 0 0 0 1 0 1 0 0 0 0 0 1 1 1 0 1 0 1 0 1