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Nonprofiteer
← POUDRE VALLEY MEDICAL GROUP LLC

Form 990 for tax year 2023

Filed by POUDRE VALLEY MEDICAL GROUP LLC.

Totals

Total revenue
$1,032,219,684
Total expenses
$1,032,222,486
Contributions and grants received
$324,812,001
Grants paid
$5,019,583
Program service revenue
$705,275,317
Investment income
$2,009,530
Other revenue
$122,836
Total assets, end of year
$194,934,951
Total liabilities, end of year
$848,526,640
Net assets or fund balances, end of year
-$653,591,689
Program services expenses (Part IX)
$940,642,630
Management and general expenses
$91,579,856
Fundraising expenses
$0
Program service expenses (Part III)
$940,642,630

Program services were 91.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $324,812,001

  • 2a · Program service revenue: NET PATIENT SVC REV

    total $614,623,703 · related or exempt $614,623,703

  • 2b · Program service revenue: COST REIMBURSEMENT

    total $89,275,480 · related or exempt $89,275,480

  • 2c · Program service revenue: OTHER PROGRAM REVENUE

    total $1,376,134 · related or exempt $1,376,134

  • 3 · Investment income

    total $152,162 · excluded $152,162

  • 6a · Gross rents

    real property $122,836

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $122,836

  • 6d · Net rental income or loss

    total $122,836 · excluded $122,836

  • 7a · Gross sales of assets other than inventory

    other assets $1,857,368

  • 7b · Less cost or other basis and sales expenses

    other assets $0

  • 7c · Gain or loss

    other assets $1,857,368

  • 7d · Net gain or loss

    total $1,857,368 · excluded $1,857,368

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,019,583 · program services $5,019,583

  • 5 · Compensation of officers, directors and key employees

    total $4,230,249 · program services $1,004,782 · management and general $3,225,467

  • 7 · Other salaries and wages

    total $666,449,717 · program services $615,269,841 · management and general $51,179,876

  • 8 · Pension plan contributions

    total $35,086,495 · program services $32,356,595 · management and general $2,729,900

  • 9 · Other employee benefits

    total $64,883,905 · program services $59,835,622 · management and general $5,048,283

  • 10 · Payroll taxes

    total $8,966,482 · program services $8,268,846 · management and general $697,636

  • 11b · Fees: legal

    total $452,928 · management and general $452,928

  • 11c · Fees: accounting

    total $47,139 · management and general $47,139

  • 11d · Fees: lobbying

    total $2,100 · management and general $2,100

  • 11g · Fees: other

    total $30,200,822 · program services $15,084,803 · management and general $15,116,019

  • 12 · Advertising and promotion

    total $2,394,513 · program services $2,394,513

  • 13 · Office expenses

    total $3,558,471 · program services $3,072,297 · management and general $486,174

  • 14 · Information technology

    total $8,564,195 · program services $7,466,882 · management and general $1,097,313

  • 16 · Occupancy

    total $23,963,459 · program services $23,496,555 · management and general $466,904

  • 17 · Travel

    total $1,319,183 · program services $1,075,872 · management and general $243,311

  • 19 · Conferences, conventions and meetings

    total $21,462,681 · program services $20,781,034 · management and general $681,647

  • 20 · Interest

    total $4,834,946 · program services $4,834,946

  • 22 · Depreciation, depletion and amortization

    total $30,949,047 · program services $23,552,573 · management and general $7,396,474

  • 23 · Insurance

    total $4,294,957 · program services $4,183,884 · management and general $111,073

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $95,532,937 · program services $95,532,937

  • 24b · Other expenses: BAD DEBT

    total $13,963,466 · program services $13,963,466

  • 24c · Other expenses: LAUNDRY

    total $1,593,360 · program services $1,591,596 · management and general $1,764

  • 24d · Other expenses: REPAIRS & MAINTENANCE

    total $934,803 · program services $930,878 · management and general $3,925

  • 24e · All other expenses

    total $3,517,048 · program services $925,125 · management and general $2,591,923

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $35,940 · end of year $38,555

  • 4 · Accounts receivable

    beginning of year $46,507,619 · end of year $55,488,809

  • 8 · Inventories for sale or use

    beginning of year $991,909 · end of year $615,302

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,115,458 · end of year $1,544,221

  • 10a · Land, buildings and equipment: cost or other basis

    $236,005,693

  • 10b · Land, buildings and equipment: accumulated depreciation

    $104,251,133

  • 10c · Land, buildings and equipment, net

    beginning of year $121,508,462 · end of year $131,754,560

  • 15 · Other assets

    beginning of year $5,003,150 · end of year $5,493,504

  • 17 · Accounts payable and accrued expenses

    beginning of year $79,898,042 · end of year $93,868,826

  • 19 · Deferred revenue

    beginning of year $629,424 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $79,826,939 · end of year $83,469,141

  • 25 · Other liabilities

    beginning of year $668,249,497 · end of year $671,188,673

  • 27 · Net assets without donor restrictions

    beginning of year -$653,441,364 · end of year -$653,591,689

Mission and programs · 2023

Mission

WE IMPROVE LIVES. IN BIG WAYS THROUGH LEARNING, HEALING AND DISCOVERY. IN SMALL, PERSONAL WAYS THROUGH HUMAN CONNECTION. BUT IN ALL WAYS, WE IMPROVE LIVES.

  • UCHEALTH MEDICAL GROUP (UCHMG) OPERATES MORE THAN 280 CLINICS ACROSS COLORADO, NEBRASKA AND WYOMING. UCHMG PROVIDES A FULL CONTINUUM OF MEDICAL CARE THROUGH AN INTEGRATED, MULTI-SPECIALTY PHYSICIAN GROUP. IN FISICAL YEAR 2024, THE GROUP HAD 3,311,709 OUTPATIENT VISITS AND 458,670 URGENT CARE VISITS. AT YEAR-END, UCHMG WAS COMPRISED OF MORE THAN 818 EMPLOYED PHYSICIANS AND 659 ADVANCED PRACTICE PROVIDERS REPRESENTING 53 SPECIALTIES.

    Expenses $940,642,630 · Grants $5,019,583 · Revenue $705,275,317

As filed on the 2023 return.

Listed in Part VII

  • CHRIS OSBORN

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • TODD WHITSITT

    BOARD MEMBER/PHYSICIAN

    Total calculated
    $377,836
    From this org
    $335,087
    From related orgs
    $0
    Other
    $42,749
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $331,701
    Bonus
    $0
    Other
    $3,386
    Deferred
    $28,990
    Nontaxable benefits
    $13,759
    Filer's total
    $377,836

  • LAURIE STEELE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL RANDLE

    PRESIDENT AND CEO

    Total calculated
    $865,916
    From this org
    $822,157
    From related orgs
    $0
    Other
    $43,759
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $606,977
    Bonus
    $206,016
    Other
    $9,164
    Deferred
    $30,000
    Nontaxable benefits
    $13,759
    Filer's total
    $865,916

  • STEVEN SCHWARTZ

    CHIEF FINANCIAL OFFICER

    Total calculated
    $447,065
    From this org
    $405,354
    From related orgs
    $0
    Other
    $41,711
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $337,481
    Bonus
    $62,991
    Other
    $4,882
    Deferred
    $27,952
    Nontaxable benefits
    $13,759
    Filer's total
    $447,065

  • JENNY BAJAJ

    CHIEF MEDICAL OFFICER

    Total calculated
    $590,034
    From this org
    $539,749
    From related orgs
    $0
    Other
    $50,285
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $453,735
    Bonus
    $83,690
    Other
    $2,324
    Deferred
    $30,000
    Nontaxable benefits
    $20,285
    Filer's total
    $590,034

  • KEITH JANKUSKI

    CHIEF OPERATING OFFICER

    Total calculated
    $640,500
    From this org
    $589,374
    From related orgs
    $0
    Other
    $51,126
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $491,253
    Bonus
    $93,340
    Other
    $4,781
    Deferred
    $30,000
    Nontaxable benefits
    $21,126
    Filer's total
    $640,500

  • KIMBERLY DELINE

    CHIEF NURSING OFFICER UCHMG

    Total calculated
    $212,173
    From this org
    $162,640
    From related orgs
    $0
    Other
    $49,533
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,832
    Bonus
    $0
    Other
    $808
    Deferred
    $17,194
    Nontaxable benefits
    $32,339
    Filer's total
    $212,173

  • MARGARET MORGAN

    ASSOC CHIEF MEDICAL OFFICER SOUTHERN CO

    Total calculated
    $329,998
    From this org
    $286,372
    From related orgs
    $0
    Other
    $43,626
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $243,163
    Bonus
    $42,494
    Other
    $715
    Deferred
    $22,500
    Nontaxable benefits
    $21,126
    Filer's total
    $329,998

  • AMY SCANLAN

    CHIEF MEDICAL OFFICER CIN

    Total calculated
    $97,029
    From this org
    $54,436
    From related orgs
    $0
    Other
    $42,593
    Hours/week
    40

  • CHRIS CRIBARI

    MEDICAL DIRECTOR

    Total calculated
    $516,469
    From this org
    $460,340
    From related orgs
    $0
    Other
    $56,129
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $243,163
    Bonus
    $213,193
    Other
    $3,984
    Deferred
    $23,790
    Nontaxable benefits
    $32,339
    Filer's total
    $516,469

  • JULIE DUNN

    MEDICAL DIRECTOR

    Total calculated
    $247,425
    From this org
    $209,356
    From related orgs
    $0
    Other
    $38,069
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,098
    Bonus
    $7,500
    Other
    $5,758
    Deferred
    $24,310
    Nontaxable benefits
    $13,759
    Filer's total
    $247,425

  • ARTHUR LIU

    PHYSICIAN

    Total calculated
    $1,989,363
    From this org
    $1,938,237
    From related orgs
    $0
    Other
    $51,126
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,299,715
    Bonus
    $635,080
    Other
    $3,442
    Deferred
    $30,000
    Nontaxable benefits
    $21,126
    Filer's total
    $1,989,363

  • BRIAR NELSON

    PHYSICIAN

    Total calculated
    $1,939,565
    From this org
    $1,896,316
    From related orgs
    $0
    Other
    $43,249
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $811,104
    Bonus
    $1,079,272
    Other
    $5,940
    Deferred
    $30,000
    Nontaxable benefits
    $13,249
    Filer's total
    $1,939,565

  • HANS COESTER

    MEDICAL DIRECTOR

    Total calculated
    $1,653,147
    From this org
    $1,602,021
    From related orgs
    $0
    Other
    $51,126
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,301,404
    Bonus
    $270,899
    Other
    $29,718
    Deferred
    $30,000
    Nontaxable benefits
    $21,126
    Filer's total
    $1,653,147

  • CIHAN CEVIK

    PHYSICIAN

    Total calculated
    $1,613,637
    From this org
    $1,570,011
    From related orgs
    $0
    Other
    $43,626
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,197,787
    Bonus
    $370,214
    Other
    $2,010
    Deferred
    $22,500
    Nontaxable benefits
    $21,126
    Filer's total
    $1,613,637

  • PETER WALINSKY

    PHYSICIAN

    Total calculated
    $1,550,432
    From this org
    $1,499,306
    From related orgs
    $0
    Other
    $51,126
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,124,457
    Bonus
    $366,476
    Other
    $8,373
    Deferred
    $30,000
    Nontaxable benefits
    $21,126
    Filer's total
    $1,550,432

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
UCHEALTH IS PROUD TO OFFER A BONUS PLAN THAT PAYS A PERCENTAGE OF AN EMPLOYEE'S BASE PAY. THE INTENT OF THE PLAN IS TO REWARD AN EMPLOYEE'S PERFORMANCE TOWARDS ACHIEVEMENT OF STRATEGIC GOALS DURING THE FISCAL YEAR. SUCCESSFUL ACCOMPLISHMENT OF GOALS THAT CONTRIBUTE TO OUR ORGANIZATION'S OVERALL STRATEGIC DIRECTION RESULT IN VARIABLE PAYMENTS ALIGNED TO OUR TOTAL COMPENSATION STRATEGY. THIS PROGRAM REWARDS EMPLOYEES BASED ON ORGANIZATIONAL PERFORMANCE MEASURES AND INDIVIDUAL EMPLOYEE GOAL PERFORMANCE. THE ANNUAL PERFORMANCE BONUS IS GENERALLY PAID OUT IN OCTOBER. ALL PAYOUTS ARE CONTINGENT BASED ON UCHEALTH BOARD OF DIRECTORS APPROVAL EACH FISCAL YEAR.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
5 May 2025
IRS schema version
2023v6.0
Source object
202501289349301885

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