Portercare Adventist Health System
93% goes to programs $0 to raise $100 Strong reserves Growing revenue
Portercare Adventist Health System is a 501(c)(3) organization based in Greenwood Village, Colorado, registered in 1931, with $1,798,498,907 in FY2024 revenue. CharityIndex grades it A, and it directs about 93% of spending to programs.
6061 S Willow Drive, Greenwood Village, CO, 80111 EIN 84-0438224 Since 1931
Revenue (FY2024)
$1.8B
▲ 146.0% vs prior year
Health median: $840K
Expenses (FY2024)
$1.8B
Net assets
$1.3B
Employees
647
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating93% 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 Portercare Adventist Health System: 93% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +2% 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 Portercare Adventist Health System: 9 mo reserves · +2% margin earns a A 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 Portercare Adventist Health System: 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 Portercare Adventist Health System: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Provision of medical care to the community through the operation of five hospitals totaling 982 beds.
Contact & location
- Address
- 6061 S Willow Drive, Greenwood Village, CO, 80111
- State
- Colorado
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $993.8M (FY2013) to $1.8B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $472.4MNet assets $1.3B
Operating margin
1.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8B
Total liabilities
$472.4M
Net assets
$1.3B
Salaries & benefits
$773.8M
44% of expenses
Board members
7
2 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,798,498,907▲146% | $1,770,512,160▲115% | $1,341,439,774▲1.5% | $1,813,793,572▼1.8% | 990 |
| 2023 | $731,175,522▼52.4% | $824,419,557▼43.9% | $1,321,885,812▼11.5% | $1,847,895,763▼7.3% | 990 |
| 2022 | $1,536,037,183▲3.5% | $1,468,547,151▲7.2% | $1,493,136,600▲4.1% | $1,992,859,331▲2.9% | 990 |
| 2021 | $1,484,227,840▲4.4% | $1,370,076,693▲3.5% | $1,434,378,364▲0.1% | $1,937,409,919▼3.9% | 990 |
| 2020 | $1,421,605,812▲13.8% | $1,323,940,436▲11.2% | $1,432,239,122▲8.9% | $2,016,681,749▲8.7% | 990 |
| 2019 | $1,249,249,565▼5.7% | $1,190,676,059▼1.8% | $1,315,544,811▲4.0% | $1,854,648,345▲7.4% | 990 |
| 2018 | $1,324,358,723▲6.9% | $1,212,250,476▲4.1% | $1,264,585,856▲9.5% | $1,727,435,014▲9.4% | 990 |
| 2017 | $1,238,499,806▲5.6% | $1,164,649,755▲3.5% | $1,154,592,879▲5.9% | $1,578,342,186▲1.8% | 990 |
| 2016 | $1,173,332,710▼1.1% | $1,124,765,707▼0.1% | $1,090,592,067▲3.5% | $1,550,192,020▲3.2% | 990 |
| 2015 | $1,185,819,124▲10.7% | $1,125,977,911▲11.0% | $1,053,621,072▲5.6% | $1,501,991,388▲1.6% | 990 |
| 2014 | $1,070,953,288▲7.8% | $1,014,606,186▲7.9% | $997,681,369▲5.5% | $1,478,784,518▲4.5% | 990 |
| 2013 | $993,799,712 | $940,227,921▲6.0% | $946,020,838▲5.4% | $1,415,367,426▲3.6% | 990 |
| 2012 | — | $886,681,732▲7.8% | $897,294,211▲10.7% | $1,365,736,196▲6.8% | 990 |
| 2011 | — | $822,340,221▲13.8% | $810,875,176▲9.4% | $1,278,954,278▲4.8% | 990 |
| 2010 | — | $722,881,735▲9.0% | $741,305,513▲12.6% | $1,220,174,007▲6.6% | 990 |
| 2009 | — | $662,891,814 | $658,627,155 | $1,144,889,489 | 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: Rajpal Md Sharad — $1,461,424 (0.08% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Rajpal Md Sharad | Neuro Surgeon | 45 | $1,461,424 |
| Yang Md Charlie | Orthopedic Surgeon | 45 | $1,249,829 |
| Nelson III Ewell L | Neuro Surgeon | 45 | $1,249,253 |
| Miner Todd | Orthopedic Surgeon | 45 | $1,197,230 |
| Jennings Jason | Orthopedic Surgeon | 45 | $1,177,344 |
| Ordelheide Kris | Director | 1 | $895 |
| Banks David | Director/chairman (end 3/24) | 1 | — |
| Dodds Rick | Ceo Littleton Adventist Hospital | 50 | — |
| Enderson Dan | Sec/group President/cfo (end 4/24) | 50 | — |
| Erickson Jonathan | Cfo Avista Adventist Hospital | 50 | — |
| Fisher Jonathan | Former Key Employee | 0 | — |
| Folkenberg Todd | Ceo Porter Adventist Hospital | 50 | — |
| Fuentes Michelle | Ceo Castle Rock Adventist (beg 5/24) | 50 | — |
| Gal Matt | Cfo Castle Rock Adventist Hospital | 50 | — |
| Goebel Michael | Ceo Parker Adventist Hospital | 50 | — |
| Houmann Lars | Director | 1 | — |
| Jahn Andrew | Dir/chair/multi State Ceo (beg 4/24) | 10 | — |
| Mckinney Jillyan | Former Key Employee | 0 | — |
| Pittman Jeremy | Ceo Crah (end 3/24), Cfo (beg 4/24) | 50 | — |
| Randolph Karsten | Director/multi State Cfo | 10 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| South Denver Cardiology Associates PC | Cardiology Services | $41,650,277 |
| Centura Health Corporation | Billing, It, and Lab Services | $24,023,442 |
| Us Anesthesia Partners of Colorado Inc | Anesthesia Services | $13,645,466 |
| Neurosurgery One | Neuro/spine Services | $12,078,588 |
| Hss Security | Security Services | $7,987,315 |
Grants received · $1.4M total
9 grants to Portercare Adventist Health System totaling $1.4M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Clinica Campesina Family Health Services | To provide financial assistance to patients of avista hospital. | 2018 | $340,982 |
| Adventist Health System Sunbelt Healthcare Corporation | Creation health reconnect program | 2018 | $98,823 |
| Adventist Health System Sunbelt Healthcare Corporation | Creation health reconnect program | 2017 | $96,744 |
| Adventist Health System Sunbelt Healthcare Corporation | Creation health-discovery blueprint and reconnect program | 2016 | $235,000 |
| Adventist Health System Sunbelt Healthcare Corporation | Creation health-discovery blueprint and reconnect program | 2015 | $100,000 |
| Patient Access Network Foundation | Patient assistance | 2015 | $64,305 |
| Adventist Health System Sunbelt Healthcare Corporation | Creation health-discovery blueprint and reconnect program | 2014 | $334,725 |
| Patient Access Network Foundation | Patient assistance | 2014 | $67,527 |
| Portercare Adventist Health System | Sponsorship | 2014 | $19,527 |
Grants made · $271K in FY2024
14 grants totaling $271K in FY2024. All grants made by Portercare Adventist Health System →
| Recipient | Purpose | Amount |
|---|---|---|
| Clinica Campesina Family Health Services | General support | $47,850 |
| Doctors Care | General support | $42,000 |
| Mid-america Union Conference of Seventh-day Adventists | General support | $30,000 |
| Secor | General support | $22,500 |
| Newday Adventist Church | General support | $22,000 |
| Colorado Center For the Advancement of Patient Safety | General support | $20,000 |
| Community Food Share Inc | General support | $17,000 |
| Gofarm | General support | $15,000 |
| Nourish Colorado | General support | $13,000 |
| Mile High Adventist Academy | General support | $10,000 |
| Abbas Child Grief Support Inc | General support | $10,000 |
| Rocky Mountain Adventist Healthcare Foundation | General support | $7,768 |
| Parker Task Force For Human Services | General support | $7,500 |
| Donor Alliance Inc | General support | $6,000 |
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Frequently asked questions
- Is Portercare Adventist Health System a legitimate nonprofit?
- Yes. Portercare Adventist Health System is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 84-0438224, based in Greenwood Village, Colorado. Donations are tax-deductible.
- What is Portercare Adventist Health System's EIN?
- Portercare Adventist Health System's Employer Identification Number (EIN) is 84-0438224.
- How much revenue does Portercare Adventist Health System report?
- Portercare Adventist Health System reported $1,798,498,907 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Portercare Adventist Health System's spending goes to programs?
- Portercare Adventist Health System spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Portercare Adventist Health System have?
- CharityIndex grades Portercare Adventist Health System A, based on program efficiency and fundraising cost.
- How much does Portercare Adventist Health System's highest-paid employee make?
- The highest reported compensation on Portercare Adventist Health System's latest Form 990 is $1,461,424, paid to Rajpal Md Sharad (Neuro Surgeon).
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Explore more
Data for Portercare Adventist Health System (EIN 84-0438224) 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.