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Nonprofiteer
← BANNER HEALTH FOUNDATION

Form 990 for tax year 2023

Filed by BANNER HEALTH FOUNDATION.

Totals

Total revenue
$25,703,563
Total expenses
$25,395,316
Contributions and grants received
$20,847,000
Grants paid
$18,572,976
Program services expenses (Part IX)
$23,878,028
Management and general expenses
$1,326,263
Fundraising expenses
$191,025
Program service expenses (Part III)
$23,761,784

Program services were 94.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ANDREA PETERSEN

    DIRECTOR/PRESIDENT/CEO

    Total calculated
    $909,041
    From this org
    $843,650
    From related orgs
    $0
    Other
    $65,391
    Hours/week
    36 + 5 related

    Schedule J breakdown matched by us

    Base
    $503,499
    Bonus
    $285,482
    Other
    $54,670
    Deferred
    $39,347
    Nontaxable benefits
    $26,043
    Filer's total
    $909,041

  • MI-AI PARRISH

    DIRECTOR/VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    4

  • SUSAN ANABLE

    DIRECTOR/SECRETARY

    Total calculated
    $0
    Hours/week
    4

  • TONY ASTORGA

    DIRECTOR/CHAIRMAN/TREASURER

    Total calculated
    $0
    Hours/week
    6

  • ADAM GOODMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • ALISON LEWIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • BRUCE WARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • CINDY TEETS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • CONNOR TRYHUS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • DAVID BERRY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • DAVID ROUSSEAU

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • DAVID VAN DENBURGH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • GRETCHEN KINSELLA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • JEFF STONE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • JOHN GRAHAM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • JOHN STRITTMATTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • JP MILLON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • KEITH GALBUT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • KEN VAN WINKLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • LARRY LYTLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • MARK PETERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • MORRIS STEIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • NANCY DAVIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • RAHUL CHAWLA MD

    DIRECTOR

    Total calculated
    $443,086
    From this org
    $0
    From related orgs
    $406,685
    Other
    $36,401
    Hours/week
    4 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $274,657 related
    Bonus
    $0 + $131,606 related
    Other
    $0 + $422 related
    Deferred
    $0 + $11,257 related
    Nontaxable benefits
    $0 + $25,144 related
    Filer's total
    $0 + $443,085 related

  • SCOTT DOUGLAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • SHARON HARPER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • SHIVA BIRDI MD

    DIRECTOR

    Total calculated
    $949,322
    From this org
    $0
    From related orgs
    $764,594
    Other
    $184,728
    Hours/week
    4 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $465,458 related
    Bonus
    $0 + $244,763 related
    Other
    $0 + $54,372 related
    Deferred
    $0 + $153,031 related
    Nontaxable benefits
    $0 + $31,696 related
    Filer's total
    $0 + $949,322 related

  • STEVE HILTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • STEVEN MOAK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • STEVEN ORTEGA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • TODD HURST MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • CHRISTY ALTER

    SR DIR/VP DEVELOPMENT

    Total calculated
    $349,980
    From this org
    $316,941
    From related orgs
    $0
    Other
    $33,039
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $218,770
    Bonus
    $80,051
    Other
    $18,120
    Deferred
    $9,072
    Nontaxable benefits
    $23,968
    Filer's total
    $349,981

  • DEBORAH SHEPPARD

    SR DIR/CHIEF DEVELOPMENT OFFICER

    Total calculated
    $282,964
    From this org
    $245,657
    From related orgs
    $0
    Other
    $37,307
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,586
    Bonus
    $53,115
    Other
    $19,956
    Deferred
    $7,098
    Nontaxable benefits
    $30,209
    Filer's total
    $282,964

  • JENNIFER ROBINSON

    SR DIR/CHIEF DEVELOPMENT OFFICER

    Total calculated
    $236,286
    From this org
    $219,982
    From related orgs
    $0
    Other
    $16,304
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,873
    Bonus
    $45,377
    Other
    $11,732
    Deferred
    $6,623
    Nontaxable benefits
    $9,681
    Filer's total
    $236,287

  • LOREN BOUCHARD

    SR DIR/CHIEF DEVELOPMENT OFFICER

    Total calculated
    $232,410
    From this org
    $212,621
    From related orgs
    $0
    Other
    $19,789
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,449
    Bonus
    $45,540
    Other
    $11,632
    Deferred
    $6,383
    Nontaxable benefits
    $13,406
    Filer's total
    $232,410

  • MEGAN BROWNELL

    SR DIR/VP COMMUNITY & EXTERNAL RELATIONS

    Total calculated
    $349,207
    From this org
    $310,820
    From related orgs
    $0
    Other
    $38,387
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $212,655
    Bonus
    $80,051
    Other
    $18,114
    Deferred
    $8,954
    Nontaxable benefits
    $29,432
    Filer's total
    $349,207

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 475 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. EMPLOYER CONTRIBUTIONS TO EXEC 457(B) ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). EXEC 457(F) - COVERED APPROXIMATELY 100 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). Awards are subject to a rolling three-year vesting schedule - or a team member reaches the age of 65, 3 years from date of deposit. 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: Shiva Birdi, MD $31,101 Andrea Petersen $28,504 EMPLOYER 457(F) CONTRIBUTION: Shiva Birdi, MD $25,346 Andrea Petersen $33,345
Schedule J, Part I, Line 7 Non-fixed payments
1.THE INDIVIDUALS IDENTIFIED BELOW PARTICIPATE IN A LONG-TERM INCENTIVE PLAN (LTIP) COVERING THREE-YEAR CYCLES FROM 2020-2022, 2021-2023, 2022-2024 AND 2023-2025. THE LTIP WAS DESIGNED AT THE INITIATIVE OF THE BANNER BOARD OF DIRECTORS WITH THE ASSISTANCE OF WILLIS TOWERS WATSON, AND ALL COMPONENTS WERE APPROVED BY THE BOARD. THE PLANS' AREAS OF PERFORMANCE TARGETS INCLUDE: STARTS RATING IMPROVEMENT, TRANSFORM REVENUE CYCLE ($ IMPROVEMENT), AND BUILD OUR BENCH TO REFLECT COMMUNITIES (VOICE, MINORITY %, SUCCESSION AND OTHER KEY LONG-TERM INITIATIVES. AWARDS ARE CALCULATED AS A PERCENTAGE OF BASE SALARY ON THE LAST DAY OF THE THREE-YEAR CYCLE, AND OPPORTUNITY 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 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 2020-2022 CYCLE ARE REPORTED IN SCHEDULE J, PART II, COLUMN (B) AS BONUS & INCENTIVE COMPENSATION. AMOUNTS ACCRUED FOR 2023 FOR THE 2021-2023, 2022-2024, 2023-2025 CYCLES (TO BE PAID OUT IN 2024, 2025, AND 2026 RESPECTIVELY) ARE REPORTED IN SCHEDULE J, PART II, COLUMN (C) AS DEFERRED COMPENSATION. 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 2023, THERE WERE 1,440 MIP PARTICIPANTS. THE MIP WAS ACCRUED IN 2022 FOR THE 2023 MIP PAYOUT. MIP COMPENSATION IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(II).
Schedule J, Part I, Line 3 COMPENSATION OF ORGANIZATION CEO
THE COMPENSATION OF THE ORGANIZATION'S CEO IS DETERMINED BY A RELATED TAX-EXEMPT ORGANIZATION. 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

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
11 November 2024
IRS schema version
2023v5.1
Source object
202413169349302881

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

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