Presbyterian Healthcare Services
87% goes to programs $0 to raise $100 Strong reserves Growing revenue
Presbyterian Healthcare Services is a 501(c)(3) organization based in Albuquerque, New Mexico, registered in 1964, with $2,898,794,768 in FY2024 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
Po Box 26666, Albuquerque, NM, 87125 EIN 85-0105601 Since 1964
Revenue (FY2024)
$2.9B
▲ 21.5% vs prior year
Health median: $840K
Expenses (FY2024)
$2.8B
Net assets
$2.0B
Employees
15,034
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 rating87% 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 Presbyterian Healthcare Services: 87% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +3% 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 Presbyterian Healthcare Services: 8 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 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 Presbyterian Healthcare Services: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Presbyterian Healthcare Services: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
In a state where more than 50 percent of the population is either uninsured or covered through the medicaid program, presbyterian healthcare services and its affiliates served more than 900,000 new mexicans in 2024.
What they do
These services include all system support services to allow our medical delivery systems to provide excellent care and to operate efficiently. this includes system administration, performance management, real estate administration, finance, admitting, billing and collections, information technology, customer care, clinical education, community health outreach, innovation, population health initiatives, communications, legal services, organizational compliance, supply chain functions, hr, recruiting and employee health, medical records, informatics, and security.
Contact & location
- Address
- Po Box 26666, Albuquerque, NM, 87125
- City
- Albuquerque
- State
- New Mexico
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.4B (FY2013) to $2.9B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.0BNet assets $2.0B
Operating margin
2.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.0B
Total liabilities
$2.0B
Net assets
$2.0B
Salaries & benefits
$1.3B
46% of expenses
Board members
13
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,898,794,768▲21.5% | $2,814,988,430▲10.6% | $1,963,026,193▼0.9% | $3,981,690,796▲3.7% | 990 |
| 2023 | $2,386,097,082▲4.9% | $2,545,375,611▲4.7% | $1,979,976,422▼3.0% | $3,838,638,950▼3.2% | 990 |
| 2022 | $2,273,688,765▼0.1% | $2,430,404,731▲10.5% | $2,040,691,707▼10.0% | $3,966,520,004▼9.1% | 990 |
| 2021 | $2,276,662,762▲5.1% | $2,198,751,577▲4.9% | $2,268,645,663▲11.1% | $4,363,685,695▲4.0% | 990 |
| 2020 | $2,166,465,434▲11.2% | $2,097,027,351▲8.3% | $2,041,819,330▲9.0% | $4,193,918,778▲13.4% | 990 |
| 2019 | $1,948,082,742▲6.4% | $1,936,751,381▲12.9% | $1,874,032,139▲12.7% | $3,699,051,572▲15.3% | 990 |
| 2018 | $1,831,605,491▲5.0% | $1,715,632,267▲7.2% | $1,662,724,471▼3.0% | $3,207,092,614▼2.7% | 990 |
| 2017 | $1,744,416,517▲6.9% | $1,600,064,655▲2.5% | $1,714,703,571▲15.5% | $3,297,086,953▲16.7% | 990 |
| 2016 | $1,632,281,210▲4.0% | $1,561,725,534▲5.3% | $1,485,073,248▲10.5% | $2,824,317,852▲3.8% | 990 |
| 2015 | $1,570,044,340▲2.6% | $1,483,659,426▲8.0% | $1,344,018,429▼0.8% | $2,721,390,209▲5.0% | 990 |
| 2014 | $1,530,537,201▲6.5% | $1,374,240,529▲6.1% | $1,354,979,432▼0.6% | $2,591,874,783▲2.4% | 990 |
| 2013 | $1,437,668,016 | $1,294,669,745▲4.2% | $1,362,928,254▲63.2% | $2,531,397,127▲12.7% | 990 |
| 2012 | — | $1,242,540,581▼1.9% | $835,167,702▲37.1% | $2,245,674,415▲15.2% | 990 |
| 2011 | — | $1,266,392,139▲1.1% | $609,037,202▼12.7% | $1,948,674,842▲1.3% | 990 |
| 2010 | — | $1,252,372,336 | $697,499,678 | $1,924,385,829 | 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: Dale Maxwell — $4,006,207 (0.14% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dale Maxwell | Ceo/ Director (term: 10/18/2024) | 40 | $4,006,207 |
| James Noble | Svp & Cfo / Treasurer | 40 | $2,171,622 |
| Amit Garg Md | Med Dir - Clin-radiation Oncology | 40 | $2,154,457 |
| Ryan Burt | General Counsel / Secretary | 40 | $1,772,034 |
| Gregory Sherr Md | Md - Vascular Surgery - Cds | 40 | $1,753,496 |
| Jason Mitchell Md | Svp - Chief Clinical Transformation Officer | 40 | $1,535,784 |
| Timothy Johnsen | Evp - Chief Operating Officer - Pds | 40 | $1,385,599 |
| Lauren M Cates | President - Phs | 40 | $1,308,015 |
| Todd Sandman | Svp - Chief Strategy Officer | 40 | $1,260,109 |
| John Bowers Md | Do-radiation Oncology-cds | 40 | $1,223,771 |
| Esteban Henao Md | Md - Vascular Surgery - Cds | 40 | $1,214,643 |
| Vipin Mittal Md | Med Dir - Gastroenterology Clinic | 40 | $1,170,953 |
| Darren M Shafer Md | President - Pmg | 40 | $1,090,029 |
| Robert Federici Md | Program Mgr - Heart | 40 | $1,065,343 |
| Joanne Suffis | Svp - Chief Hr Officer (term: 3/15/2024) | 40 | $1,002,547 |
| Keith Rivera | Svp - Chief Information Officer | 40 | $770,067 |
| Lee Patchell | Svp - Chief Hr Officer - Interim | 40 | $714,723 |
| Denise Gonzales Md | Medical Director - Adult Med Specialty | 40 | $704,900 |
| Dionne Cruz Miller | Hospital Chief Executive - Ph (term: 1/2/2024) | 40 | $702,234 |
| Rishi Sikka Md | Director (president / Ceo As of 12/13/2024) | 40 | $595,598 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Tricore Laboratory Services Corp | Labratory Services | $81,366,786 |
| Medefis Inc | Contingent Labor | $35,793,114 |
| Enterprise Builders | Design Services | $20,677,638 |
| T-systems North America Inc | Data Hosting Services | $19,524,952 |
| Sound Physicians | Medical Services | $12,817,687 |
Grants received · $1.1M total
16 grants to Presbyterian Healthcare Services totaling $1.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Diabetes Association Inc | Education and development | 2024 | $10,000 |
| Yale University | Subaward - sponsored research | 2022 | $89,878 |
| Share Our Strength | Nutrition education program support | 2022 | $45,000 |
| Share Our Strength | Nutrition education program support | 2022 | $45,000 |
| Public Health Institute | Research | 2022 | $30,042 |
| Yale University | Subaward - sponsored research | 2021 | $187,305 |
| Share Our Strength | Nutrition education program support | 2021 | $95,000 |
| Share Our Strength | Nutrition education program support | 2021 | $95,000 |
| The Childrens Hospital of Philadelphia | Research | 2021 | $55,200 |
| American Heart Association Inc | Heart failure program | 2021 | $10,000 |
| Share Our Strength | Childhood hunger programs, cooking matters program support | 2020 | $234,826 |
| Yale University | Subaward - sponsored research | 2020 | $106,885 |
| Institute For Healthcare Improvement | Health care | 2018 | $21,000 |
| Institute For Healthcare Improvement | Health care | 2017 | $9,800 |
| Patient Access Network Foundation | Patient assistance | 2015 | $31,574 |
Grants made · $735K in FY2024
13 grants totaling $735K in FY2024. All grants made by Presbyterian Healthcare Services →
| Recipient | Purpose | Amount |
|---|---|---|
| Rio Arriba County Mill Levy | General support | $578,516 |
| Albuquerque Health Care For the Homeless Inc | General support | $50,000 |
| United Way of Central New Mexico | General support | $15,400 |
| Womens Economic Self-sufficiency Team Corp | General support | $15,000 |
| Meals On Wheels New Mexico | General support | $12,500 |
| Cnm Ingenuity Incoproration | General support | $10,000 |
| Bosque School | General support | $10,000 |
| Ronald Mcdonald House Charities of New Mexico | General support | $10,000 |
| Rio Rancho Rotary Sunrise Foundation | General support | $7,500 |
| Unica | General support | $7,500 |
| Native Health Initiative | General support | $7,000 |
| Santa Fe Chamber of Commerce | General support | $6,069 |
| Black Chamber of Commerce of New Mexico | General support | $5,750 |
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Compare Presbyterian Healthcare Services
Frequently asked questions
- Is Presbyterian Healthcare Services a legitimate nonprofit?
- Yes. Presbyterian Healthcare Services is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 85-0105601, based in Albuquerque, New Mexico. Donations are tax-deductible.
- What is Presbyterian Healthcare Services's EIN?
- Presbyterian Healthcare Services's Employer Identification Number (EIN) is 85-0105601.
- How much revenue does Presbyterian Healthcare Services report?
- Presbyterian Healthcare Services reported $2,898,794,768 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Presbyterian Healthcare Services's spending goes to programs?
- Presbyterian Healthcare Services spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Presbyterian Healthcare Services have?
- CharityIndex grades Presbyterian Healthcare Services A, based on program efficiency and fundraising cost.
- How much does Presbyterian Healthcare Services's highest-paid employee make?
- The highest reported compensation on Presbyterian Healthcare Services's latest Form 990 is $4,006,207, paid to Dale Maxwell (Ceo/ Director (term: 10/18/2024)).
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Data for Presbyterian Healthcare Services (EIN 85-0105601) 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.