Banner Medical Group Colorado
95% goes to programs Thin reserves
Banner Medical Group Colorado is a 501(c)(3) organization based in Phoenix, Arizona, registered in 2012, with $118,725,205 in FY2024 revenue. CharityIndex grades it C, and it directs about 95% of spending to programs.
2901 N Central Ave Ste 160, Phoenix, AZ, 85012 EIN 90-0532831 Since 2012
Revenue (FY2024)
$118.7M
▼ 1.5% vs prior year
Health median: $840K
Expenses (FY2024)
$189.8M
Net assets
-$6.1M
Employees
1,155
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
C+Program efficiency40% of the rating95% to programs
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 Banner Medical Group Colorado: 95% to programs earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -60% 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 Banner Medical Group Colorado: 0 mo reserves · -60% margin earns a F on this criterion. See the exact thresholds →
BGovernance25% of the rating4 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 Banner Medical Group Colorado: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Banner Medical Group Colorado: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Assist banner health to complete its mission to make health care easier, so life can be better by providing integrated & coordinated care & population health management.
Contact & location
- Address
- 2901 N Central Ave Ste 160, Phoenix, AZ, 85012
- City
- Phoenix
- State
- Arizona
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $123.3M (FY2013) to $118.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $28.9MNet assets -$6.1M
Operating margin
-59.8%
Spent more than it raised in the latest fiscal year.
Total assets
$22.8M
Total liabilities
$28.9M
Net assets
-$6.1M
Salaries & benefits
$138.2M
73% of expenses
Board members
3
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $118,725,205▼1.5% | $189,754,937▲2.4% | -$6,117,077▼3931% | $22,800,988▼7.0% | 990 |
| 2023 | $120,513,263▲5.7% | $185,336,414▲6.4% | $159,669▲128% | $24,513,507▲12.1% | 990 |
| 2022 | $113,976,050▲2.5% | $174,127,058▼5.4% | -$564,622▼232% | $21,866,833▼6.0% | 990 |
| 2021 | $111,211,021▲6.1% | $184,121,587▲5.0% | -$169,819▼105% | $23,268,499▼16.4% | 990 |
| 2020 | $104,813,290▼12.0% | $175,275,935▲0.2% | $3,688,142▲1443% | $27,825,557▲5.3% | 990 |
| 2019 | $119,056,527▲4.8% | $174,884,818▲2.8% | $239,100▼92.5% | $26,420,672▲69.4% | 990 |
| 2018 | $113,633,969▼29.5% | $170,189,089▼9.7% | $3,208,227▲748% | $15,598,279▲13.4% | 990 |
| 2017 | $161,280,660▲4.0% | $188,456,696▲1.2% | -$495,034▲84.4% | $13,758,779▲35.1% | 990 |
| 2016 | $155,102,827▲5.1% | $186,176,143▲7.4% | -$3,165,601▼34.1% | $10,187,304▼4.3% | 990 |
| 2015 | $147,571,228▲7.7% | $173,398,093▲5.8% | -$2,361,262▲10.9% | $10,646,748▲3.3% | 990 |
| 2014 | $137,027,454▲11.1% | $163,962,514▲10.2% | -$2,650,013▲18.4% | $10,306,529▲20.5% | 990 |
| 2013 | $123,298,107 | $148,775,657▲142% | -$3,246,393▼590% | $8,556,665▲42.0% | 990 |
| 2012 | — | $61,521,046 | $662,065 | $6,026,201 | 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: Maurice Lyons Md — $977,940 (0.52% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Maurice Lyons Md | Physician | 40 | $977,940 |
| Nicholas Noce Md | Physician | 40 | $874,927 |
| Shane Rowan Md | Physician | 40 | $858,712 |
| Ryan Graves Md | Physician | 40 | $820,996 |
| Jay Cook Md | Physician | 40 | $820,966 |
| Carol Karp | Treasurer/division Cfo | 20 | — |
| David Bixby | Former Secretary | 0 | — |
| Garrick Richards Md | Director/secretary / Coo - Medical Group (thru Feb 2024) | 20 | — |
| Monica Bejarano | Coo/secretary | 20 | — |
| Shiva Birdi Md | Ceo/president/chair | 20 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Healthcare Workforce Logistics Holdings LLC | Medical Staffing | $5,117,048 |
| Weatherby Locums Inc | Medical Staffing | $4,776,899 |
| Chg Companies Inc | Medical Staffing | $3,344,210 |
| Carepoint PC | Medical Staffing | $2,028,650 |
| Abbvie Inc | Pharmaceuticals | $1,277,107 |
Grants made · $7,000 in FY2016
1 grant totaling $7,000 in FY2016. All grants made by Banner Medical Group Colorado →
| Recipient | Purpose | Amount |
|---|---|---|
| Weld Legacy Foundation | General support | $7,000 |
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Compare Banner Medical Group Colorado
Frequently asked questions
- Is Banner Medical Group Colorado a legitimate nonprofit?
- Yes. Banner Medical Group Colorado is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 90-0532831, based in Phoenix, Arizona. Donations are tax-deductible.
- What is Banner Medical Group Colorado's EIN?
- Banner Medical Group Colorado's Employer Identification Number (EIN) is 90-0532831.
- How much revenue does Banner Medical Group Colorado report?
- Banner Medical Group Colorado reported $118,725,205 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Banner Medical Group Colorado's spending goes to programs?
- Banner Medical Group Colorado spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Banner Medical Group Colorado have?
- CharityIndex grades Banner Medical Group Colorado C, based on program efficiency and fundraising cost.
- How much does Banner Medical Group Colorado's highest-paid employee make?
- The highest reported compensation on Banner Medical Group Colorado's latest Form 990 is $977,940, paid to Maurice Lyons Md (Physician).
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Data for Banner Medical Group Colorado (EIN 90-0532831) 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.