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Nonprofiteer
← BANNER-UNIVERSITY CARE ADVANTAGE

Form 990 for tax year 2024

Filed by BANNER-UNIVERSITY CARE ADVANTAGE.

Totals

Total revenue
$304,950,739
Total expenses
$319,354,309
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$301,178,222
Investment income
$3,772,517
Other revenue
$0
Total assets, end of year
$87,306,264
Total liabilities, end of year
$81,700,307
Net assets or fund balances, end of year
$5,605,957
Program services expenses (Part IX)
$278,162,305
Management and general expenses
$41,192,004
Fundraising expenses
$0
Program service expenses (Part III)
$278,162,305

Program services were 87.1% 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.

  • 2a · Program service revenue: CAPITATION AND CONTRACT REVENUE

    total $301,178,222 · related or exempt $301,178,222

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $3,772,517 · excluded $3,772,517

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8c · Net income from fundraising events

    total $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $0 · program services $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0

  • 7 · Other salaries and wages

    total $13,621,940 · program services $0 · management and general $13,621,940

  • 8 · Pension plan contributions

    total $10,593 · program services $0 · management and general $10,593

  • 9 · Other employee benefits

    total $2,793,515 · program services $0 · management and general $2,793,515

  • 10 · Payroll taxes

    total $21,604 · program services $0 · management and general $21,604

  • 11a · Fees: management

    total $0 · program services $0

  • 11b · Fees: legal

    total $0 · program services $0

  • 11c · Fees: accounting

    total $0 · program services $0

  • 11d · Fees: lobbying

    total $0 · program services $0

  • 11f · Fees: investment management

    total $0 · program services $0

  • 11g · Fees: other

    total $8,706,238 · program services $0 · management and general $8,706,238 · fundraising $0

  • 12 · Advertising and promotion

    total $1,434,494 · program services $0 · management and general $1,434,494

  • 13 · Office expenses

    total $735,887 · program services $0 · management and general $735,887

  • 14 · Information technology

    total $0 · program services $0

  • 15 · Royalties

    total $0 · program services $0

  • 16 · Occupancy

    total $22,111 · program services $0 · management and general $22,111

  • 17 · Travel

    total $485 · program services $0 · management and general $485

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0

  • 19 · Conferences, conventions and meetings

    total $0 · program services $0

  • 20 · Interest

    total $157,447 · program services $0 · management and general $157,447

  • 21 · Payments to affiliates

    total $0 · program services $0

  • 22 · Depreciation, depletion and amortization

    total $86,988 · program services $0 · management and general $86,988

  • 23 · Insurance

    total $635,835 · program services $0 · management and general $635,835

  • 24a · Other expenses: Medical Claim Expense

    total $278,162,305 · program services $278,162,305

  • 24b · Other expenses: Corporate Allocation

    total $5,579,328 · management and general $5,579,328

  • 24c · Other expenses: Other Direct Expenses

    total $2,726,333 · management and general $2,726,333

  • 24d · Other expenses: Health Plan Admin Allocation

    total $2,211,102 · management and general $2,211,102

  • 24e · All other expenses

    total $2,448,104 · program services $0 · management and general $2,448,104 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $48,760,576 · end of year $58,999,294

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $40,275,525 · end of year $18,069,965

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,860,664 · end of year $4,173,256

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

    $1,254,966

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

    $1,190,465

  • 10c · Land, buildings and equipment, net

    beginning of year $82,419 · end of year $64,501

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $5,999,248

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,446,332 · end of year $768,182

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $43,475,484 · end of year $43,475,484

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $38,152,947 · end of year $37,456,641

  • 27 · Net assets without donor restrictions

    beginning of year $8,904,421 · end of year $5,605,957

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

BANNER UNIVERSITY CARE ADVANTAGE ("CARE ADVANTAGE") SERVES A DIVERSE POPULATION AT ANY STAGE OF LIFE, CONCERNED FOR THE HEALTH AND WELLBEING OF THEIR FAMILIES, LOVED ONES, AND THEMSELVES. CARE ADVANTAGE CREATES THE BEST EXPERIENCE EVER THROUGH CARE AND COVERAGE.

Activities or mission (Part I)

MANAGE AND COORDINATE THE DELIVERY OF QUALITY HEALTH CARE SERVICES TO ENROLLEES WHO QUALIFY AS PART OF A SPECIAL NEEDS PLAN AND ARE DUALLY ELIGIBLE FOR BOTH MEDICARE AND MEDICAID BENEFITS.

  • BANNER-UNIVERSITY ("CARE ADVANTAGE") HOLDS A CONTRACT WITH THE CENTERS FOR MEDICARE & MEDICAID SERVICES FOR THE OPERATION OF A MEDICARE ADVANTAGE PRESCRIPTION DRUG HEALTH PLAN. THE PLAN IS A QUALIFIED PLAN UNDER MEDICARE TO PROVIDE COVERAGE TO CERTAIN ENROLLEES WHO QUALIFY AS PART OF A SPECIAL NEEDS POPULATION, WHO ARE DUALLY ELIGIBLE FOR BOTH MEDICARE AND MEDICAID BENEFITS. CARE ADVANTAGE PROMOTES THE HEALTH OF THE COMMUNITY BY ENGAGING THE FOLLOWING: (1) THE PROVISION OF EDUCATION PROGRAMS REGARDING THE BENEFITS PROVIDED BY CARE ADVANTAGE TO ENROLLEES; (2) COUNSELING AND THE PROVISION OF ASSISTANCE TO ENROLLEES MAKING THE TRANSITION TO A NETWORK-BASED MANAGED CARE PLAN; (3) THE PROVISION OF PREVENTATIVE HEALTHCARE PROGRAMS FOR CARE ADVANTAGE ENROLLEES; (4) THE COORDINATION OF HEALTHCARE SERVICES AMONG PROVIDERS IN THE CARE ADVANTAGE PROVIDER NETWORK; AND (5) THE FACILITATION OF ACCESS TO THE CARE ADVANTAGE PROVIDER NETWORK. CARE ADVANTAGE HAS WORKED DILIGENTLY TO DEVELOP AND MAINTAIN A COMPREHENSIVE PROVIDER NETWORK WHICH PROVIDES A FOUNDATION THAT SUPPORTS BOTH INDIVIDUAL MEMBER NEEDS AS WELL AS CARE ADVANTAGE'S MEMBERSHIP IN ITS 10 COUNTY SERVICE AREAS. CARE ADVANTAGE CONTINUALLY STRIVES TO HAVE A HIGH-QUALITY CONTRACTED PROVIDER NETWORK THAT EXCEEDS ACCESSIBILITY REQUIREMENTS ISSUED BY REGULATORY AUTHORITIES, IS SERVICE FOCUSED, AND CULTURALLY DIVERSE IN ORDER TO MEET MEMBER NEEDS, BOTH IMMEDIATE AS WELL AS LONG RANGE. CARE ADVANTAGE MAINTAINS A FULLY STAFFED SERVICE CENTER THAT MEMBERS CAN ACCESS IN ORDER TO OBTAIN GUIDANCE ON ACCESSING NEEDED CARE. THE SERVICE CENTER CAN BE ACCESSED AT 877-874-3930. CARE ADVANTAGE CONTRACTS WITH BANNER HEALTH (BH) FOR BH TO PROVIDE PRIMARY HEALTH CARE SERVICES TO CARE ADVANTAGE'S ENROLLEES. BH PROVIDES ALMOST ALL OF THESE SERVICES AT ITS CLINICS THROUGH ITS EMPLOYED HEALTH CARE PROVIDERS. CARE ADVANTAGE ALSO CONTRACTS WITH INDEPENDENT PHYSICIANS ENGAGED IN THE PRIVATE PRACTICE OF MEDICINE TO PROVIDE PRIMARY AND SPECIALTY HEALTH CARE SERVICES TO CARE ADVANTAGE'S ENROLLEES AT THE PHYSICIANS' OWN FACILITIES ON A NON-EXCLUSIVE BASIS. IN ADDITION, CARE ADVANTAGE HAS NEGOTIATED WITH SEVERAL UNRELATED HOSPITALS TO PROVIDE INPATIENT AND OUTPATIENT HOSPITAL SERVICES TO CARE ADVANTAGE'S ENROLLEES. CARE ADVANTAGE ENSURES THAT ENROLLED BENEFICIARIES ARE ADEQUATELY INFORMED ABOUT THEIR HEALTH CARE BENEFITS, BY PROVIDING THEM WITH COUNSELING AND ASSISTANCE IN MAKING THE TRANSITION TO MANAGED CARE. CARE ADVANTAGE EDUCATES BENEFICIARIES REGARDING ACCESS TO HEALTH CARE, PROVIDING DIRECTION AS TO THE APPROPRIATE UTILIZATION OF HEALTH CARE FACILITIES AND ENCOURAGING THE USE OF PREVENTIVE HEALTH CARE MEASURES. CARE ADVANTAGE ALSO ENSURES THAT ENROLLED MEDICAID BENEFICIARIES OBTAIN APPROPRIATE HEALTH CARE BY ENSURING THAT PROVIDERS ARE AVAILABLE AND THAT SERVICES WILL BE PROVIDED IN A COORDINATED MANNER.

    Expenses $278,162,305 · Revenue $301,178,222

As filed on the 2024 return.

Listed in Part VII

  • CHARLES LEHN

    DIRECTOR/DIVISION PRESIDENT

    Total calculated
    $1,691,122
    From this org
    $0
    From related orgs
    $1,212,334
    Other
    $478,788
    Hours/week
    2 + 46 related

    Schedule J breakdown matched by us

    Base
    $0 + $594,353 related
    Bonus
    $0 + $535,421 related
    Other
    $0 + $82,560 related
    Deferred
    $0 + $450,706 related
    Nontaxable benefits
    $0 + $28,082 related
    Filer's total
    $0 + $1,691,122 related

  • JAMES STRINGHAM

    Director/Vice President/CEO

    Total calculated
    $1,144,537
    From this org
    $0
    From related orgs
    $956,418
    Other
    $188,119
    Hours/week
    20 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $516,337 related
    Bonus
    $0 + $378,206 related
    Other
    $0 + $61,875 related
    Deferred
    $0 + $156,180 related
    Nontaxable benefits
    $0 + $31,939 related
    Filer's total
    $0 + $1,144,537 related

  • AARON JOEL SINYKIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • ANN ELIZABETH MATHIAS

    DIRECTOR

    Total calculated
    $399,336
    From this org
    $0
    From related orgs
    $359,457
    Other
    $39,879
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $285,844 related
    Bonus
    $0 + $54,704 related
    Other
    $0 + $18,909 related
    Deferred
    $0 + $9,641 related
    Nontaxable benefits
    $0 + $30,238 related
    Filer's total
    $0 + $399,336 related

  • JOSEPH GREGORY MD

    DIRECTOR

    Total calculated
    $690,576
    From this org
    $0
    From related orgs
    $628,570
    Other
    $62,006
    Hours/week
    2 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $444,020 related
    Bonus
    $0 + $142,915 related
    Other
    $0 + $41,635 related
    Deferred
    $0 + $29,599 related
    Nontaxable benefits
    $0 + $32,407 related
    Filer's total
    $0 + $690,576 related

  • SHAE NAFAJI-PIPER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • CRYSTAL WAITKUS

    Secretary/Assistant General Counsel

    Total calculated
    $293,409
    From this org
    $0
    From related orgs
    $269,326
    Other
    $24,083
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $200,440 related
    Bonus
    $0 + $53,927 related
    Other
    $0 + $14,959 related
    Deferred
    $0 + $8,211 related
    Nontaxable benefits
    $0 + $15,872 related
    Filer's total
    $0 + $293,409 related

  • DONNA SICKLER

    TREASURER/VP FINANCE

    Total calculated
    $1,059,632
    From this org
    $0
    From related orgs
    $885,261
    Other
    $174,371
    Hours/week
    20 + 24 related

    Schedule J breakdown matched by us

    Base
    $0 + $466,680 related
    Bonus
    $0 + $351,712 related
    Other
    $0 + $66,869 related
    Deferred
    $0 + $143,792 related
    Nontaxable benefits
    $0 + $30,579 related
    Filer's total
    $0 + $1,059,632 related

  • JEAN FITTERER LANCE

    SECRETARY

    Total calculated
    $2,926,123
    From this org
    $0
    From related orgs
    $1,956,173
    Other
    $969,950
    Hours/week
    2 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $628,197 related
    Bonus
    $0 + $1,278,213 related
    Other
    $0 + $49,763 related
    Deferred
    $0 + $945,190 related
    Nontaxable benefits
    $0 + $24,760 related
    Filer's total
    $0 + $2,926,123 related

  • CLINTON CLARKE

    VICE PRESIDENT/CMO

    Total calculated
    $1,036,642
    From this org
    $0
    From related orgs
    $896,716
    Other
    $139,926
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $495,003 related
    Bonus
    $0 + $350,213 related
    Other
    $0 + $51,500 related
    Deferred
    $0 + $137,036 related
    Nontaxable benefits
    $0 + $2,890 related
    Filer's total
    $0 + $1,036,642 related

  • JENNIFER BROOKS

    VICE PRESIDENT ASO ADMINISTRATOR

    Total calculated
    $560,390
    From this org
    $0
    From related orgs
    $491,160
    Other
    $69,230
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $283,432 related
    Bonus
    $0 + $184,307 related
    Other
    $0 + $23,421 related
    Deferred
    $0 + $67,223 related
    Nontaxable benefits
    $0 + $2,007 related
    Filer's total
    $0 + $560,390 related

  • MATT HALL

    Executive Director, IT INSURANCE DIVISION

    Total calculated
    $429,058
    From this org
    $0
    From related orgs
    $391,029
    Other
    $38,029
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $266,871 related
    Bonus
    $0 + $99,397 related
    Other
    $0 + $24,761 related
    Deferred
    $0 + $19,906 related
    Nontaxable benefits
    $0 + $18,123 related
    Filer's total
    $0 + $429,058 related

  • MELISSA DUKE

    Executive Director, STRATEGY

    Total calculated
    $408,704
    From this org
    $0
    From related orgs
    $376,297
    Other
    $32,407
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $257,249 related
    Bonus
    $0 + $97,044 related
    Other
    $0 + $22,004 related
    Deferred
    $0 + $8,605 related
    Nontaxable benefits
    $0 + $23,802 related
    Filer's total
    $0 + $408,704 related

  • MIKE BRADY

    Executive Director, CFO Medicaid

    Total calculated
    $323,530
    From this org
    $0
    From related orgs
    $296,716
    Other
    $26,814
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $224,341 related
    Bonus
    $0 + $56,934 related
    Other
    $0 + $15,441 related
    Deferred
    $0 + $9,215 related
    Nontaxable benefits
    $0 + $17,599 related
    Filer's total
    $0 + $323,530 related

  • ZACARY ATERS

    Executive Director, CHIEF ACTUARY

    Total calculated
    $404,714
    From this org
    $0
    From related orgs
    $366,871
    Other
    $37,843
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $251,868 related
    Bonus
    $0 + $92,553 related
    Other
    $0 + $22,450 related
    Deferred
    $0 + $10,751 related
    Nontaxable benefits
    $0 + $27,092 related
    Filer's total
    $0 + $404,714 related

  • CORI NORGAARD

    SENIOR DIRECTOR/CMO

    Total calculated
    $491,123
    From this org
    $0
    From related orgs
    $443,255
    Other
    $47,868
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $316,830 related
    Bonus
    $0 + $102,673 related
    Other
    $0 + $23,752 related
    Deferred
    $0 + $15,194 related
    Nontaxable benefits
    $0 + $32,674 related
    Filer's total
    $0 + $491,123 related

  • MICHAEL BROWN

    SENIOR MEDICAL DIRECTOR/INSURANCE

    Total calculated
    $406,323
    From this org
    $0
    From related orgs
    $396,857
    Other
    $9,466
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $300,209 related
    Bonus
    $0 + $74,747 related
    Other
    $0 + $21,901 related
    Deferred
    $0 + $7,344 related
    Nontaxable benefits
    $0 + $2,122 related
    Filer's total
    $0 + $406,323 related

  • NATALYA FAYNBOYM

    SENIOR DIRECTOR/CMO

    Total calculated
    $574,868
    From this org
    $0
    From related orgs
    $535,488
    Other
    $39,380
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $381,740 related
    Bonus
    $0 + $120,504 related
    Other
    $0 + $33,244 related
    Deferred
    $0 + $22,062 related
    Nontaxable benefits
    $0 + $17,318 related
    Filer's total
    $0 + $574,868 related

  • SANDRA STEIN

    SENIOR DIRECTOR/CMO

    Total calculated
    $541,709
    From this org
    $0
    From related orgs
    $521,148
    Other
    $20,561
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $374,135 related
    Bonus
    $0 + $121,297 related
    Other
    $0 + $25,716 related
    Deferred
    $0 + $17,935 related
    Nontaxable benefits
    $0 + $2,626 related
    Filer's total
    $0 + $541,709 related

  • VICKI KNIGHT

    SENIOR MEDICAL DIRECTOR/INSURANCE

    Total calculated
    $418,044
    From this org
    $0
    From related orgs
    $389,199
    Other
    $28,845
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $307,905 related
    Bonus
    $0 + $58,620 related
    Other
    $0 + $22,674 related
    Deferred
    $0 + $10,231 related
    Nontaxable benefits
    $0 + $18,614 related
    Filer's total
    $0 + $418,044 related

  • SUSAN BENEDETTI

    Senior Director, CHSO PHSO

    Total calculated
    $356,345
    From this org
    $0
    From related orgs
    $323,082
    Other
    $33,263
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $235,743 related
    Bonus
    $0 + $66,569 related
    Other
    $0 + $20,770 related
    Deferred
    $0 + $7,205 related
    Nontaxable benefits
    $0 + $26,058 related
    Filer's total
    $0 + $356,345 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, 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

  • 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(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 THE 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). 2024 457(F) Distributions: Clinton Clarke $26,745 Melissa Duke $156 Natalya Faynboym $9,135 Joseph Gregory $16,122 Jean Lance $22,101 Charles Lehn $54,657 Donna Sickler $42,685 Sandra Stein $1,039 James Stringham $37,558 2024 457(F) Contributions: Jennifer Brooks $2,267 Clinton Clarke $28,524 Natalya Faynboym $8,262 Joseph Gregory $15,799 Matt Hall $9,945 Jean Lance $65,648 Charles Lehn $51,494 Cori Norgaard $2,052 Donna Sickler $27,701 Sandra Stein $6,858 James Stringham $29,231
Schedule J, Part I, Line 7 Non-fixed payments
BANNER HEALTH PARTICIPATES IN A LONG-TERM INCENTIVE PLAN (LTIP) COVERING THREE-YEAR CYCLES FROM, 2022-2024, 2023-2025 AND 2024-2026. 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: IMPROVING THE RN EXPERIENCE, EXPANDING MARKET PRESENCE, and JOURNEY TO ZERO HARM . 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 2021-2023 CYCLE ARE REPORTED IN SCHEDULE J, PART II, COLUMN (B) AS BONUS & INCENTIVE COMPENSATION. AMOUNTS ACCRUED FOR 2024 FOR THE 2022-2024, 2023-2025, 2024-2026 CYCLES (TO BE PAID OUT IN 2025, 2026, AND 2027 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 COMPANYACHIEVEMENT 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 2024, THERE WERE 1,441 MIP PARTICIPANTS. THE MIP WAS ACCRUED IN 2023 FOR THE 2024 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

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.

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 partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.1
Source object
202513179349305481

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