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Fri, Jul 10, 2026 · 34 stories · Confirmed
NONPROFIT

A $1.7 Billion Nonprofit Health Network Pays Its CEO Millions

AltaMed Health Services Corp, a Los Angeles network of community health clinics, filed the return covering fiscal year 2024 in November 2025.

  • AltaMed reported $1.72 billion in total revenue for the fiscal year, per the filing.
  • Its chief executive received roughly $1.9 million in total compensation for the year.
  • The nonprofit also funds and maintains one of the nation's largest corporate art collections.

Why it mattersNonprofit status exempts the revenue and the executive's pay from tax; the label describes accounting, not charity.

ProPublica Nonprofit Explorer — AltaMed Health Services Corp Form 990 (FY2024, filed Nov 2025) ↗ · Jul 10, 20267/10/26 · ✓ Checked✓ Check

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