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Nonprofiteer
← MEDICAL CENTER OF THE ROCKIES

Form 990 for tax year 2024

Filed by MEDICAL CENTER OF THE ROCKIES.

Totals

Total revenue
$699,377,907
Total expenses
$624,445,449
Contributions and grants received
$121,859
Grants paid
$60,823,434
Program service revenue
$675,455,721
Investment income
$21,286,310
Other revenue
$2,514,017
Total assets, end of year
$832,179,434
Total liabilities, end of year
$289,337,512
Net assets or fund balances, end of year
$542,841,922
Program services expenses (Part IX)
$522,832,839
Management and general expenses
$101,612,610
Fundraising expenses
$0
Program service expenses (Part III)
$522,832,839

Program services were 83.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • BRAD OLDEMEYER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • CHRIS OSBORN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • CHRISTINE CHIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • DAN STROH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • DENNIS HOUSKA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • DOUG ERION

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • FARAZ NAQVI

    VICE BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • JIM PARKE

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • LISA CLAY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • MIKE DELLENBACH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • DAVID THOMPSON

    CHIEF FINANCIAL OFFICER

    Total calculated
    $522,629
    From this org
    $202,086
    From related orgs
    $259,797
    Other
    $60,746
    Hours/week
    17 + 22 related

    Schedule J breakdown matched by us

    Base
    $160,073 + $205,787 related
    Bonus
    $40,411 + $51,951 related
    Other
    $1,602 + $2,059 related
    Deferred
    $16,896 + $21,721 related
    Nontaxable benefits
    $9,682 + $12,447 related
    Filer's total
    $228,664 + $293,965 related

  • DENISE JOHNSON

    SECRETARY

    Total calculated
    $28,549
    From this org
    $7,871
    From related orgs
    $13,193
    Other
    $7,485
    Hours/week
    6 + 11 related

  • KEVIN UNGER

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $1,681,001
    From this org
    $573,050
    From related orgs
    $960,498
    Other
    $147,453
    Hours/week
    15 + 25 related

    Schedule J breakdown matched by us

    Base
    $225,888 + $378,614 related
    Bonus
    $338,277 + $566,991 related
    Other
    $8,885 + $14,893 related
    Deferred
    $45,913 + $76,956 related
    Nontaxable benefits
    $9,186 + $15,398 related
    Filer's total
    $628,149 + $1,052,852 related

  • MICHELLE ALBRIGHT

    SECRETARY (TERMED 7/24)

    Total calculated
    $59,205
    From this org
    $18,696
    From related orgs
    $31,337
    Other
    $9,172
    Hours/week
    15 + 20 related

  • ANDREW HARMON

    DIRECTOR OF PHARMACY

    Total calculated
    $240,490
    From this org
    $86,593
    From related orgs
    $111,323
    Other
    $42,574
    Hours/week
    17 + 22 related

    Schedule J breakdown matched by us

    Base
    $76,843 + $98,788 related
    Bonus
    $9,489 + $12,199 related
    Other
    $261 + $336 related
    Deferred
    $8,002 + $10,288 related
    Nontaxable benefits
    $10,625 + $13,659 related
    Filer's total
    $105,220 + $135,270 related

  • ANNETTE VIZENA

    CHIEF QUALITY OFFICER VP

    Total calculated
    $441,055
    From this org
    $172,758
    From related orgs
    $222,094
    Other
    $46,203
    Hours/week
    19 + 24 related

    Schedule J breakdown matched by us

    Base
    $138,744 + $178,367 related
    Bonus
    $33,297 + $42,806 related
    Other
    $717 + $921 related
    Deferred
    $15,438 + $19,846 related
    Nontaxable benefits
    $4,777 + $6,142 related
    Filer's total
    $192,973 + $248,082 related

  • BRIAN ALLEN

    CHIEF OPERATING OFFICER

    Total calculated
    $517,041
    From this org
    $177,236
    From related orgs
    $297,064
    Other
    $42,741
    Hours/week
    15 + 25 related

    Schedule J breakdown matched by us

    Base
    $145,849 + $244,457 related
    Bonus
    $27,880 + $46,729 related
    Other
    $3,507 + $5,878 related
    Deferred
    $14,707 + $24,651 related
    Nontaxable benefits
    $1,264 + $2,119 related
    Filer's total
    $193,207 + $323,834 related

  • CHRISTINE JOHNSTON

    ASSOCIATE CHIEF MEDICAL OFFICER

    Total calculated
    $220,472
    From this org
    $89,655
    From related orgs
    $115,259
    Other
    $15,558
    Hours/week
    19 + 24 related

    Schedule J breakdown matched by us

    Base
    $72,080 + $92,666 related
    Bonus
    $16,928 + $21,762 related
    Other
    $647 + $831 related
    Deferred
    $6,100 + $7,842 related
    Nontaxable benefits
    $707 + $909 related
    Filer's total
    $96,462 + $124,010 related

  • DIANA BREYER

    CHIEF MEDICAL OFFICER

    Total calculated
    $642,183
    From this org
    $230,194
    From related orgs
    $339,757
    Other
    $72,232
    Hours/week
    18 + 23 related

    Schedule J breakdown matched by us

    Base
    $183,729 + $280,022 related
    Bonus
    $44,504 + $57,214 related
    Other
    $1,961 + $2,521 related
    Deferred
    $17,493 + $25,819 related
    Nontaxable benefits
    $11,457 + $17,463 related
    Filer's total
    $259,144 + $383,039 related

  • GRACE KOWALYSHYN-TAYLOR

    VP OF OPERATIONS

    Total calculated
    $363,659
    From this org
    $115,899
    From related orgs
    $194,260
    Other
    $53,500
    Hours/week
    15 + 25 related

    Schedule J breakdown matched by us

    Base
    $92,085 + $154,345 related
    Bonus
    $23,492 + $39,376 related
    Other
    $322 + $539 related
    Deferred
    $11,589 + $19,424 related
    Nontaxable benefits
    $8,403 + $14,084 related
    Filer's total
    $135,891 + $227,768 related

  • JESSIE WILLARD

    CHIEF NURSING OFFICER, MCR

    Total calculated
    $355,397
    From this org
    $294,020
    From related orgs
    $0
    Other
    $61,377
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $235,214
    Bonus
    $58,022
    Other
    $784
    Deferred
    $30,267
    Nontaxable benefits
    $31,110
    Filer's total
    $355,397

  • KRYSTLE BELL

    SR DIRECTOR PERIOP

    Total calculated
    $196,580
    From this org
    $70,583
    From related orgs
    $90,739
    Other
    $35,258
    Hours/week
    17 + 22 related

    Schedule J breakdown matched by us

    Base
    $62,664 + $80,560 related
    Bonus
    $7,776 + $9,996 related
    Other
    $143 + $183 related
    Deferred
    $4,912 + $6,315 related
    Nontaxable benefits
    $10,514 + $13,517 related
    Filer's total
    $86,009 + $110,571 related

  • ROBERT WAGNER JR

    SR DIR CARDIOVASCULAR SERVICE LINE

    Total calculated
    $272,498
    From this org
    $84,669
    From related orgs
    $141,916
    Other
    $45,913
    Hours/week
    16 + 27 related

    Schedule J breakdown matched by us

    Base
    $74,900 + $125,542 related
    Bonus
    $9,515 + $15,947 related
    Other
    $254 + $427 related
    Deferred
    $8,584 + $14,388 related
    Nontaxable benefits
    $8,572 + $14,369 related
    Filer's total
    $101,825 + $170,673 related

  • BARBARA OCHSNER

    DIR PATIENT SERVICES RN

    Total calculated
    $234,606
    From this org
    $205,868
    From related orgs
    $0
    Other
    $28,738
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,950
    Bonus
    $22,021
    Other
    $897
    Deferred
    $19,482
    Nontaxable benefits
    $9,256
    Filer's total
    $234,606

  • BETH CUNNINGHAM

    PERFUSIONIST

    Total calculated
    $226,025
    From this org
    $191,523
    From related orgs
    $0
    Other
    $34,502
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,114
    Bonus
    $5,535
    Other
    $3,874
    Deferred
    $17,738
    Nontaxable benefits
    $16,764
    Filer's total
    $226,025

  • MONICA WINGARD

    MGR PERFUSION SERVICES

    Total calculated
    $251,010
    From this org
    $205,450
    From related orgs
    $0
    Other
    $45,560
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $190,549
    Bonus
    $14,435
    Other
    $466
    Deferred
    $19,512
    Nontaxable benefits
    $26,048
    Filer's total
    $251,010

  • REBECCA NEMECHEK

    MGR PHARMACY

    Total calculated
    $248,677
    From this org
    $200,014
    From related orgs
    $0
    Other
    $48,663
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,519
    Bonus
    $12,073
    Other
    $422
    Deferred
    $18,203
    Nontaxable benefits
    $30,460
    Filer's total
    $248,677

  • WOO KYUNG YIM

    CARDIAC SONOGRAPHY TECHNOLOGIST

    Total calculated
    $256,483
    From this org
    $217,610
    From related orgs
    $0
    Other
    $38,873
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,270
    Bonus
    $2,446
    Other
    $1,894
    Deferred
    $20,154
    Nontaxable benefits
    $18,719
    Filer's total
    $256,483

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

  • 1a · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 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 1A
GROSS-UP PAYMENTS: GROSS UP PAYROLL IS CALCULATED AT YEAR END FOR SPECIAL CHECKS CREATED TO ADD SPECIFIC ITEMS TO EMPLOYEE'S FORM W-2 WAGES INCLUDING COUNTRY CLUB DUES, SPOUSE TRAVEL FOR ANNUAL BOARD RETREAT AND SELECT CONFERENCES, AND IMPUTED INCOME ON LIFE INSURANCE POLICIES. CLUB DUES: THE HEALTH SYSTEM EXPECTS THE HOSPITAL MANAGEMENT TO PARTICIPATE IN COMMUNITY LIFE AND THEREFORE THE SYSTEM PAYS SOCIAL CLUB DUES FOR SPECIFIC MEMBERS OF THE SENIOR MANAGEMENT GROUP. THE CLUB DUES ARE ADDED TO THE SENIOR MANAGEMENT'S FORM W-2 ON AN ANNUAL BASIS.
PART I, LINE 7
THE ORGANIZATION OFFERS 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 THE ORGANIZATION'S OVERALL STRATEGIC DIRECTION RESULT IN VARIABLE PAYMENTS ALIGNED WITH THE ORGANIZATION'S TOTAL COMPENSATION STRATEGY. THIS PROGRAM REWARDS EMPLOYEES BASED ON ORGANIZATIONAL PERFORMANCE MEASURES AND INDIVIDUAL EMPLOYEE GOAL PERFORMANCE. ALL PAYOUTS ARE CONTINGENT BASED ON THE 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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2024
IRS schema version
2024v5.5
Source object
202622089349301462

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