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Nonprofiteer
← Banner Health Plan Inc

Form 990 for tax year 2022

Filed by Banner Health Plan Inc.

Totals

Total revenue
$23,833,178
Total expenses
$40,725,166
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$28,047,946
Management and general expenses
$12,677,220
Fundraising expenses
$0
Program service expenses (Part III)
$28,047,946

Program services were 68.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • CHARLES LEHN

    DIRECTOR/TREASURER

    Total calculated
    $1,377,582
    From this org
    $0
    From related orgs
    $1,050,785
    Other
    $326,797
    Hours/week
    2 + 46 related

    Schedule J breakdown matched by us

    Base
    $0 + $508,185 related
    Bonus
    $0 + $458,448 related
    Other
    $0 + $84,152 related
    Deferred
    $0 + $301,195 related
    Nontaxable benefits
    $0 + $25,602 related
    Filer's total
    $0 + $1,377,582 related

  • DENNIS LARAWAY

    DIRECTOR/CHAIRMAN

    Total calculated
    $3,071,412
    From this org
    $0
    From related orgs
    $2,565,572
    Other
    $505,840
    Hours/week
    2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $973,581 related
    Bonus
    $0 + $1,388,473 related
    Other
    $0 + $203,518 related
    Deferred
    $0 + $483,779 related
    Nontaxable benefits
    $0 + $22,061 related
    Filer's total
    $0 + $3,071,412 related

  • JAMES STRINGHAM

    Director/President

    Total calculated
    $876,365
    From this org
    $0
    From related orgs
    $682,032
    Other
    $194,333
    Hours/week
    5 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $408,961 related
    Bonus
    $0 + $251,906 related
    Other
    $0 + $21,165 related
    Deferred
    $0 + $165,340 related
    Nontaxable benefits
    $0 + $28,993 related
    Filer's total
    $0 + $876,365 related

  • MARJORIE BESSEL MD

    DIRECTOR/SECRETARY

    Total calculated
    $2,476,380
    From this org
    $0
    From related orgs
    $1,675,989
    Other
    $800,391
    Hours/week
    2 + 46 related

    Schedule J breakdown matched by us

    Base
    $0 + $641,373 related
    Bonus
    $0 + $921,847 related
    Other
    $0 + $112,769 related
    Deferred
    $0 + $783,112 related
    Nontaxable benefits
    $0 + $17,279 related
    Filer's total
    $0 + $2,476,380 related

  • STEPHEN MACIAS

    DIRECTOR/PRESIDENT (THRU 02/22)

    Total calculated
    $154,977
    From this org
    $0
    From related orgs
    $152,541
    Other
    $2,436
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $47,954 related
    Bonus
    $0 + $104,490 related
    Other
    $0 + $98 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $2,436 related
    Filer's total
    $0 + $154,978 related

  • DONALD NORDLUND

    DIRECTOR

    Total calculated
    $2,391,806
    From this org
    $0
    From related orgs
    $1,564,909
    Other
    $826,897
    Hours/week
    2 + 46 related

    Schedule J breakdown matched by us

    Base
    $0 + $599,488 related
    Bonus
    $0 + $873,703 related
    Other
    $0 + $91,718 related
    Deferred
    $0 + $808,093 related
    Nontaxable benefits
    $0 + $18,804 related
    Filer's total
    $0 + $2,391,806 related

  • JOSEPH GREGORY MD

    DIRECTOR

    Total calculated
    $618,281
    From this org
    $0
    From related orgs
    $560,974
    Other
    $57,307
    Hours/week
    2 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $406,195 related
    Bonus
    $0 + $119,101 related
    Other
    $0 + $35,678 related
    Deferred
    $0 + $27,250 related
    Nontaxable benefits
    $0 + $30,057 related
    Filer's total
    $0 + $618,280 related

  • LYNN ROSENBACH

    DIRECTOR

    Total calculated
    $685,578
    From this org
    $0
    From related orgs
    $650,347
    Other
    $35,231
    Hours/week
    2 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $278,949 related
    Bonus
    $0 + $230,972 related
    Other
    $0 + $140,426 related
    Deferred
    $0 + $23,724 related
    Nontaxable benefits
    $0 + $11,507 related
    Filer's total
    $0 + $685,579 related

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 — 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

  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
EXEC 457(B) - COVERED APPROXIMATELY 423 FORMER AND CURRENT EXECUTIVES. THIS NONQUALIFIED PLAN IS HELD AT FIDELITY INVESTMENTS AND IS 100% VESTED. TAXATION OCCURS UPON DISTRIBUTION. THE ONLY CONTRIBUTIONS ALLOWED ARE EMPLOYER CONTRIBUTIONS. CONTRIBUTIONS ARE CALCULATED BASED ON ACTUARIALLY DETERMINED FACTORS. EMPLOYER CONTRIBUTIONS TO EXEC 457(B) ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). EXEC 457(F) - COVERED APPROXIMATELY 109 FORMER AND CURRENT EXECUTIVES. THIS NONQUALIFIED PLAN IS HELD AT FIDELITY INVESTMENTS. VESTING OCCURS UPON MEETING VESTING REQUIREMENTS (SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE) - EARLIER OF AGE 62, 5 YEARS FROM DATE OF DEPOSIT, OR RULE OF 80. TAXATION OCCURS UPON DISTRIBUTION (IF VESTED). THE ONLY CONTRIBUTIONS ALLOWED ARE EMPLOYER CONTRIBUTIONS. PAYOUT AMOUNTS ARE TAXABLE AND INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). DEPOSIT AMOUNTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (C). 457(F) PAYOUT: DENNIS LARAWAY $175,644 MAJORIE BESSEL, MD $89,190 DONALD NORDLUND $68,337 CHARLES LEHN $59,936 LYNN ROSENBACH $47,542 JOSEPH GREGORY, MD $14,162 EMPLOYER 457(F) DEPOSIT: DENNIS LARAWAY $124,120 MAJORIE BESSEL, MD $71,751 DONALD NORDLUND $66,327 CHARLES LEHN $46,524 LYNN ROSENBACH $12,377 JOSEPH GREGORY, MD $15,077
Schedule J, Part I, Line 7 Non-fixed payments
1. THE INDIVIDUALS IDENTIFIED BELOW PARTICIPATE IN A LONG-TERM INCENTIVE PLAN (LTIP) COVERING THREE-YEAR CYCLES FROM 2019-2021, 2020-2022, 2021-2023, AND 2022-2024. THE LTIP WAS DESIGNED AT THE INITIATIVE OF THE BANNER BOARD OF DIRECTORS WITH THE ASSISTANCE OF WILLIS TOWERS WATSON, AND ALL COMPONENTS WERE APPROVED BY THE BOARD. THE PLANS' AREAS OF PERFORMANCE TARGETS INCLUDE: Starts Rating improvement, Transform Revenue Cycle ($ improvement), and Build Our Bench to Reflect Communities (VOICE, Minority %, Succession. AWARDS ARE CALCULATED AS A PERCENTAGE OF BASE SALARY ON THE LAST DAY OF THE THREE-YEAR CYCLE, AND PPORTUNITY VARIES BY POSITION LEVEL. THE PLAN REQUIRES A THRESHOLD LEVEL OF FINANCIAL PERFORMANCE BEFORE ANY AWARDS CAN BE MADE, AND THE AMOUNT OF THE AWARDS VARIES WITH THE DEGREE OF ACHIEVEMENT OF THE TARGETS. THE MAXIMUM LTIP PAYOUT OPPORTUNITY RANGES FROM 30% TO 255% OF THE AVERAGE THREE-YEAR BASE SALARY as of December 31 in the last year of the three-year plan. AWARDS HAVE BEEN ACCRUED UNDER THE LTIP, BUT NO PAYMENTS ARE MADE UNTIL AFTER YEAR-END AND ACHIEVEMENT IS VERIFIED BY THE BANNER HEALTH BOARD COMPENSATION COMMITTEE AND APPROVED BY THE FULL BOARD OF DIRECTORS OF BANNER HEALTH. ALL LTIP COMPENSATION PAYMENTS ARE REPORTED IN THE INCENTIVE AND BONUS COMPENSATION SHOWN IN SCHEDULE J, PART II, COLUMN (B)(II). AMOUNTS PAID FOR THE 2019-2021 CYCLE ARE REPORTED IN SCHEDULE J, PART II, COLUMN (B) AS BONUS & INCENTIVE COMPENSATION. AMOUNTS ACCRUED FOR 2022 FOR THE 2020-2022, 2021-2023, AND 2022-2024 CYCLES (TO BE PAID OUT IN 2023, 2024 AND 2025 RESPECTIVELY) ARE REPORTED IN SCHEDULE J, PART II, COLUMN (C) AS DEFERRED COMPENSATION. LTIP ACCRUAL: CHARLES LEHN $242,471 DENNIS LARAWAY $347,673 DONALD NORDLUND $729,566 MARJORIE BESSEL $699,461 LTIP PAY OUT: CHARLES LEHN $172,203 DENNIS LARAWAY $753,102 DONALD NORDLUND $473,893 Lynn Rosenbach $80,646 MARJORIE BESSEL $500,005 2. BANNER HEALTH HAS A MANAGEMENT INCENTIVE PLAN (MIP) WHICH IS BASED ON COMPANY ACHIEVEMENT OF SEVERAL FINANCIAL AND NON-FINANCIAL/CLINICAL QUALITY METRICS THAT ARE ESTABLISHED ANNUALLY BY THE BANNER HEALTH BOARD OF DIRECTORS. AWARDS ARE GRANTED AS A PERCENTAGE OF THE PARTICIPANT'S BASE SALARY AND VARY WITH THE POSITION LEVEL OF THE PARTICIPATING EMPLOYEE, RANGING FROM 7% TO 110% OF BASE SALARY. IN 2022, THERE WERE 1,420 MIP PARTICIPANTS. THE MIP WAS ACCRUED IN 2022 FOR THE 2022 MIP, AND PAYOUTS ON THE 2021 MIP WERE PAID IN 2022. MIP COMPENSATION IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(II).
Schedule J, Part I, Line 3 COMPENSATION OF CEO
THE COMPENSATION OF THE ORGANIZATION'S CEO IS DETERMINED BY A RELATED TAX-EXEMPT ORGANIZATION-BH. SEE SCHEDULE O FOR FORM 990, PART VI, LINES 15A AND 15B FOR THE PROCESS USED BY THE RELATED ORGANIZATION TO DETERMINE COMPENSATION.

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

No itemized grants to organizations 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
2022
Filed
11 November 2023
IRS schema version
2022v5.0
Source object
202313149349303876

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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