Southwest Health System Inc
93% goes to programs $0 to raise $100
Southwest Health System Inc is a 501(c)(3) organization based in Cortez, Colorado, registered in 1996, with $75,855,618 in FY2024 revenue. CharityIndex grades it A+, and it directs about 93% of spending to programs.
1311 N Mildred Rd, Cortez, CO, 81321 EIN 84-1337350 Since 1996
Revenue (FY2024)
$75.9M
▼ 4.7% vs prior year
Health median: $840K
Expenses (FY2024)
$70.5M
Net assets
$23.7M
Employees
552
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program 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 Southwest Health System Inc: 93% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +7% 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 Southwest Health System Inc: 4 mo reserves · +7% 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 Southwest Health System Inc: 6 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 Southwest Health System Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide the highest quality health care to our community by bringing excellence, value and service together to promote, improve and restore health
Contact & location
- Address
- 1311 N Mildred Rd, Cortez, CO, 81321
- City
- Cortez
- State
- Colorado
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $48.5M (FY2013) to $75.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $38.8MNet assets $23.7M
Operating margin
7.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$62.6M
Total liabilities
$38.8M
Net assets
$23.7M
Salaries & benefits
$45.3M
64% of expenses
Board members
6
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $75,855,618▼4.7% | $70,535,028▼10.6% | $23,743,449▲29.3% | $62,590,386▲4.7% | 990 |
| 2023 | $79,603,589▲3.0% | $78,930,715▲1.0% | $18,363,508▲3.5% | $59,801,397▼4.3% | 990 |
| 2022 | $77,308,607▲5.9% | $78,166,858▲8.8% | $17,750,908▼7.8% | $62,496,517▼6.3% | 990 |
| 2021 | $73,002,542▲6.7% | $71,823,222▲5.9% | $19,254,399▲7.2% | $66,730,739▲2.9% | 990 |
| 2020 | $68,429,924▲9.4% | $67,796,517▲9.0% | $17,961,679▲4.6% | $64,837,245▲10.5% | 990 |
| 2019 | $62,537,866▲4.1% | $62,188,416▼6.8% | $17,174,879▼3.6% | $58,698,823▼7.2% | 990 |
| 2018 | $60,053,388▲3.0% | $66,712,257▲2.2% | $17,808,191▼27.4% | $63,263,111▲0.1% | 990 |
| 2017 | $58,314,656▼15.7% | $65,254,304▲11.6% | $24,533,070▼22.1% | $63,195,440▲14.8% | 990 |
| 2016 | $69,204,387▲19.6% | $58,484,501▲4.4% | $31,481,849▲51.8% | $55,063,464▲50.0% | 990 |
| 2015 | $57,884,565▲18.3% | $56,032,992▲15.9% | $20,734,366▲9.7% | $36,711,711▲0.2% | 990 |
| 2014 | $48,914,449▲0.8% | $48,364,512▼4.4% | $18,908,472▲2.4% | $36,634,584▲9.3% | 990 |
| 2013 | $48,527,571 | $50,564,989▲6.0% | $18,471,194▼10.5% | $33,504,854▼5.0% | 990 |
| 2012 | — | $47,708,164▲10.9% | $20,649,556 | $35,272,142▲0.5% | 990 |
| 2011 | — | $43,003,552▲2.1% | $20,645,638▼3.0% | $35,101,123▼0.2% | 990 |
| 2010 | — | $42,118,261 | $21,280,146 | $35,184,228 | 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: Braden Jones — $999,604 (1.42% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Braden Jones | Clinic Physician | 40 | $999,604 |
| Kevin Matteson Md | Clinic Physician | 40 | $517,045 |
| Erin Schmitt | Clinic Physician | 40 | $478,159 |
| Kevin Joel Bagley | Hospital Physician | 40 | $440,113 |
| Kenton Asche | Hospital Physician | 40 | $392,243 |
| Randy Davidson | Chief of Staff (beg 03/24) | 40 | $372,588 |
| Dr Jennifer Gero | Chief Medical Officer | 40 | $229,753 |
| Charles Krupa | Cio | 40 | $190,610 |
| Travis Parker | Chief Hr Officer (end 12/24) | 40 | $138,189 |
| Adam Conley | Cfo (beg 04/24) | 40 | — |
| Dan Valverde | Board Member | 2 | — |
| Eric Croke | Board Member (beg 01/24) | 2 | — |
| Evelyn Quigley | Board Member (01/24-09/24) | 2 | — |
| Jay Wood | Secretary/treasurer (beg 01/24) | 2 | — |
| Jim Rogers | Board Member (beg 01/24) | 2 | — |
| Joseph Theine | Ceo | 40 | — |
| Lisa Gates | Cno | 40 | — |
| Shelle Diehm | Interim Cfo (end 2024) | 40 | — |
| Shirley Jones | Chair | 2 | — |
| Susan Hodgdon | Vice-chair | 3 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Medefis Consolidated | Contract Employees | $2,890,707 |
| Novus Anesthesia of Colorado | Contract Anesthesiologist | $776,940 |
| American Healthcare Consulting | Contract Coding | $664,918 |
| Jeffrey Tarpey | Contract Provider | $614,800 |
| Barton & Associates | Contract Provider | $590,210 |
Grants received · $51K total
3 grants to Southwest Health System Inc totaling $51K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mile High United Way Inc | Covid | 2019 | $25,000 |
| Colorado Health Benefit Exchange | Assistance network | 2019 | $17,763 |
| Colorado Health Benefit Exchange | Assistance network | 2014 | $8,502 |
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Frequently asked questions
- Is Southwest Health System Inc a legitimate nonprofit?
- Yes. Southwest Health System Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 84-1337350, based in Cortez, Colorado. Donations are tax-deductible.
- What is Southwest Health System Inc's EIN?
- Southwest Health System Inc's Employer Identification Number (EIN) is 84-1337350.
- How much revenue does Southwest Health System Inc report?
- Southwest Health System Inc reported $75,855,618 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Southwest Health System Inc's spending goes to programs?
- Southwest Health System Inc spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Southwest Health System Inc have?
- CharityIndex grades Southwest Health System Inc A+, based on program efficiency and fundraising cost.
- How much does Southwest Health System Inc's highest-paid employee make?
- The highest reported compensation on Southwest Health System Inc's latest Form 990 is $999,604, paid to Braden Jones (Clinic Physician).
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Data for Southwest Health System Inc (EIN 84-1337350) 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.