Commonspirit Mountain Region
82% goes to programs $0 to raise $100 Thin reserves Declining revenue
Commonspirit Mountain Region is a 501(c)(3) organization based in Centennial, Colorado, registered in 1996, with $418,424,019 in FY2023 revenue. CharityIndex grades it C+, and it directs about 82% of spending to programs.
9100 E Mineral Cir, Centennial, CO, 80112 EIN 84-1335382 Since 1996
Revenue (FY2023)
$418.4M
▼ 20.7% vs prior year
Health median: $840K
Expenses (FY2023)
$602.4M
Net assets
-$151.4M
Employees
4,599
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 rating82% to programs · $0 to raise $100
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 Commonspirit Mountain Region: 82% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -44% 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 Commonspirit Mountain Region: 0 mo reserves · -44% margin earns a D on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Commonspirit Mountain Region: 5 of 6 checks met earns a A 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 Commonspirit Mountain Region: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Commonspirit mountain region, a faith-based organization, invests in charity care, community programs and sponsorships designed to nurture the health of the people in the communities it serves.
Contact & location
- Address
- 9100 E Mineral Cir, Centennial, CO, 80112
- City
- Centennial
- State
- Colorado
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $257.8M (FY2013) to $418.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $583.4MNet assets -$151.4M
Operating margin
-44.0%
Spent more than it raised in the latest fiscal year.
Total assets
$431.9M
Total liabilities
$583.4M
Net assets
-$151.4M
Salaries & benefits
$283.1M
47% of expenses
Board members
5
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $418,424,019▼20.7% | $602,399,310▲14.5% | -$151,447,730▼172% | $431,942,137▼10.4% | 990 |
| 2022 | $527,619,633▲2.8% | $526,226,580▲4.2% | $210,643,582▼31.8% | $482,293,712▼27.1% | 990 |
| 2021 | $513,095,638▲0.9% | $504,981,492▼2.1% | $308,655,047▲6.9% | $661,832,846▲13.5% | 990 |
| 2020 | $508,460,770▲6.2% | $515,932,834▲8.0% | $288,785,845▲6.3% | $582,896,184▲14.2% | 990 |
| 2019 | $478,768,711▲2.5% | $477,515,319▲1.1% | $271,731,287▲4.4% | $510,479,495▲7.6% | 990 |
| 2018 | $467,125,209▲10.0% | $472,438,208▲10.3% | $260,325,801▲4.8% | $474,218,658▼3.9% | 990 |
| 2017 | $424,666,974▲1.2% | $428,231,895▲1.2% | $248,371,591▲2.0% | $493,518,128▲8.0% | 990 |
| 2016 | $419,702,890▼2.0% | $423,169,429▲12.9% | $243,471,290▲27.4% | $456,791,488▲19.5% | 990 |
| 2015 | $428,080,542▲21.3% | $374,786,860▲6.7% | $191,064,374▲38.5% | $382,176,217▲61.2% | 990 |
| 2014 | $353,021,846▲36.9% | $351,347,543▲36.5% | $137,946,255▲9.4% | $237,151,109▲1.3% | 990 |
| 2013 | $257,845,639 | $257,444,556▲16.5% | $126,089,676▲9.3% | $234,138,786▲18.9% | 990 |
| 2012 | — | $220,999,620▲7.8% | $115,355,044▲9.5% | $196,861,346▲14.9% | 990 |
| 2011 | — | $205,073,688▲16.0% | $105,343,865▲11.0% | $171,372,205▼7.6% | 990 |
| 2010 | — | $176,749,965▲8.1% | $94,912,380▲11.9% | $185,558,135▲11.8% | 990 |
| 2009 | — | $163,485,351 | $84,806,427 | $165,941,251 | 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 (FY2023)
Highest-paid: Peter Banko — $8,101,604 (1.34% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Peter Banko | President & Ceo (thru 1/2024) | 40 | $8,101,604 |
| Andrew Gaasch | President Mtn. Region/cfo&treasurer | 40 | $3,099,191 |
| Shauna Gulley | Group President Physician Enterprise | 50 | $2,923,705 |
| Gary Lichtenberger | Svp & Chief Transformation Officer Thru 3/1/2024 | 50 | $2,910,363 |
| Dean Sanpei | Evp Chief Strategy Officer Thru 4/30/24 | 50 | $2,787,583 |
| Dan Enderson | Group Pres, Denver Metro Thru 3/1/24 | 50 | $2,687,246 |
| Kevin Jenkins | Market Ceo Utah | 50 | $1,889,037 |
| Oswaldo Grenardo | Svp & Chief Clinical Officer | 50 | $1,654,375 |
| Thomas Gessel | Group Pres, Greater Co & Ks Thru 7/1/23 | 50 | $1,554,354 |
| Carrie Damon | Svp Information Services Thru 10/27/23 | 50 | $1,473,584 |
| Sebastien Girard | Chief People Officer Thru 4/13/24 | 40 | $1,297,371 |
| Patrick Sharp | Ceo Penrose/st. Francis Thru 11/8/23 | 50 | $1,233,703 |
| Brenda Simpson | Cno/svp | 50 | $1,214,339 |
| Kris Ordelheide | Former Secretary/svp Legal Svcs | 0 | $979,978 |
| Thomas Donohoe | Secretary/svp Legal Svcs | 50 | $936,944 |
| Tadd Richert | Interim Cfo/treasurer | 50 | $790,606 |
| James Sheets | Group President Thru 1/12/24 | 50 | $770,260 |
| Valerie Mckinnis | Interim Cio Thru 6/3/24 | 10 | $482,903 |
| Dan Morissette | Board Member/sevp Cfo Commonspirit | 1 | — |
| David Banks | Board Member Thru 7/31/23 | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Trendyminds LLC | Marketing | $11,427,910 |
| Aspirion | Revenue Management Consulting | $5,824,448 |
| Medasource | Revenue Management Consulting | $4,477,646 |
| Cloudmed Solutions LLC | Collection Services | $4,180,934 |
| G&g Organization Ltd | Revenue Management Consulting | $3,976,821 |
Grants received · $18.9M total
10 grants to Commonspirit Mountain Region totaling $18.9M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Johns Hopkins University | Sub-award | 2023 | $33,750 |
| Johns Hopkins University | Sub-award | 2021 | $13,500 |
| Greater Horizons | Health care | 2019 | $25,000 |
| Portercare Adventist Health System | Program support | 2015 | $18,000,000 |
| Commonspirit Health | Youth violence prevention | 2015 | $108,835 |
| Commonspirit Health | Pueblo violence prevention | 2015 | $83,670 |
| Commonspirit Health | Fremont violence prevention | 2015 | $65,458 |
| Commonspirit Health | Healthy living colorado | 2014 | $424,912 |
| Commonspirit Health | Summit county violence prevention | 2014 | $84,200 |
| Commonspirit Health | South state region violence prevention | 2014 | $63,747 |
Grants made · $909K in FY2023
11 grants totaling $909K in FY2023. All grants made by Commonspirit Mountain Region →
| Recipient | Purpose | Amount |
|---|---|---|
| Western Stock Show Association | General support | $433,600 |
| Colorado College Th | General support | $260,000 |
| Roman Catholic Bishop of Salt Lake City | General support | $50,000 |
| Seeds of Hope of Northern Colorado Inc | General support | $50,000 |
| Colorado Center For the Advancement of Patient Safety | General support | $35,000 |
| Dodge City Roundup Inc | General support | $18,400 |
| Nourish Colorado | General support | $15,000 |
| Regis University | General support | $15,000 |
| Summit County Chamber of Commerce Incorporated | General support | $14,250 |
| Catholic Charities of the Diocese of Pueblo Inc | General support | $10,000 |
| Utah League of Cities | General support | $7,500 |
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Frequently asked questions
- Is Commonspirit Mountain Region a legitimate nonprofit?
- Yes. Commonspirit Mountain Region is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 84-1335382, based in Centennial, Colorado. Donations are tax-deductible.
- What is Commonspirit Mountain Region's EIN?
- Commonspirit Mountain Region's Employer Identification Number (EIN) is 84-1335382.
- How much revenue does Commonspirit Mountain Region report?
- Commonspirit Mountain Region reported $418,424,019 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Commonspirit Mountain Region's spending goes to programs?
- Commonspirit Mountain Region spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Commonspirit Mountain Region have?
- CharityIndex grades Commonspirit Mountain Region C+, based on program efficiency and fundraising cost.
- How much does Commonspirit Mountain Region's highest-paid employee make?
- The highest reported compensation on Commonspirit Mountain Region's latest Form 990 is $8,101,604, paid to Peter Banko (President & Ceo (thru 1/2024)).
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Data for Commonspirit Mountain Region (EIN 84-1335382) 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.