Totals
- Total revenue
- $518,767,360
- Total expenses
- $456,893,883
- Contributions and grants received
- $10,630,971
- Grants paid
- $0
- Program service revenue
- $499,137,375
- Investment income
- $3,914,271
- Other revenue
- $5,084,743
- Total assets, end of year
- $617,812,064
- Total liabilities, end of year
- $221,334,262
- Net assets or fund balances, end of year
- $396,477,802
- Program services expenses (Part IX)
- $278,578,930
- Management and general expenses
- $178,314,953
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $278,578,930
Program services were 61.0% 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
$424,550
-
1e · Government grants (contributions)
$10,206,421
-
2a · Program service revenue: PATIENT SERVICES
total $498,808,983 · related or exempt $498,808,983
-
2b · Program service revenue: PASSTHROUGH PROGRAM ACTIVITY
total $328,392 · related or exempt $328,392
-
3 · Investment income
total $5,952,863 · excluded $5,952,863
-
4 · Income from investment of tax-exempt bond proceeds
total $215,600 · excluded $215,600
-
6a · Gross rents
real property $4,335,277
-
6b · Less rental expenses
real property $1,674,477
-
6c · Rental income or loss
real property $2,660,800
-
6d · Net rental income or loss
total $2,660,800 · unrelated business $7,344 · excluded $2,653,456
-
7a · Gross sales of assets other than inventory
securities $652,452,793 · other assets $6,583,476
-
7b · Less cost or other basis and sales expenses
securities $641,393,720 · other assets $19,896,741
-
7c · Gain or loss
securities $11,059,073 · other assets -$13,313,265
-
7d · Net gain or loss
total -$2,254,192 · excluded -$2,254,192
-
11a · Other revenue: FOOD SERVICE
total $2,209,009 · related or exempt $2,209,009
-
11b · Other revenue: RETAIL REVENUE
total $222,801 · related or exempt $222,801
-
11c · Other revenue: DISCOUNTS TAKEN
total $40,678 · related or exempt $40,678
-
11d · All other revenue
total -$48,545 · excluded -$48,545
-
11e · Other revenue, total
$2,423,943
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $1,688,441 · program services $648,372 · management and general $1,040,069
-
7 · Other salaries and wages
total $144,319,915 · program services $101,744,276 · management and general $42,575,639
-
8 · Pension plan contributions
total $3,771,957 · program services $2,659,197 · management and general $1,112,760
-
9 · Other employee benefits
total $11,566,448 · program services $8,154,245 · management and general $3,412,203
-
10 · Payroll taxes
total $10,656,323 · program services $5,247,324 · management and general $5,408,999
-
11a · Fees: management
total $97,695,783 · program services $46,534,191 · management and general $51,161,592
-
11b · Fees: legal
total $596,236 · management and general $596,236
-
11f · Fees: investment management
total $111,187 · management and general $111,187
-
12 · Advertising and promotion
total $740,055 · management and general $740,055
-
13 · Office expenses
total $1,505,713 · program services $480,472 · management and general $1,025,241
-
14 · Information technology
total $11,473,995 · management and general $11,473,995
-
16 · Occupancy
total $5,847,378 · program services $1,752,859 · management and general $4,094,519
-
17 · Travel
total $189,960 · program services $71,915 · management and general $118,045
-
19 · Conferences, conventions and meetings
total $357,249 · program services $56,865 · management and general $300,384
-
20 · Interest
total $6,870,301 · management and general $6,870,301
-
22 · Depreciation, depletion and amortization
total $26,226,775 · program services $6,161,796 · management and general $20,064,979
-
23 · Insurance
total $3,408,245 · program services $4,948 · management and general $3,403,297
-
24a · Other expenses: MEDICAL SUPPLIES
total $85,874,206 · program services $85,366,109 · management and general $508,097
-
24b · Other expenses: BAD DEBT
total $18,937,745 · program services $18,937,745
-
24c · Other expenses: REPAIRS/MAINTENANCE
total $12,794,298 · program services $454,649 · management and general $12,339,649
-
24d · Other expenses: FOOD EXPENSE
total $2,634,616 · program services $225,352 · management and general $2,409,264
-
24e · All other expenses
total $9,627,057 · program services $78,615 · management and general $9,548,442
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $73,741 · end of year $67,096
-
2 · Savings and temporary cash investments
beginning of year $22,835,129 · end of year $3,098,302
-
4 · Accounts receivable
beginning of year $57,535,069 · end of year $58,594,634
-
7 · Other notes and loans receivable
beginning of year $813,185
-
8 · Inventories for sale or use
beginning of year $11,991,683 · end of year $11,734,802
-
9 · Prepaid expenses and deferred charges
beginning of year $5,973,599 · end of year $6,878,746
-
10a · Land, buildings and equipment: cost or other basis
$610,581,954
-
10b · Land, buildings and equipment: accumulated depreciation
$325,446,357
-
10c · Land, buildings and equipment, net
beginning of year $321,218,893 · end of year $285,135,597
-
11 · Investments: publicly traded securities
beginning of year $204,103,129
-
13 · Investments: program-related
beginning of year $4,357,504 · end of year $4,235,550
-
14 · Intangible assets
beginning of year $951,736
-
15 · Other assets
beginning of year $10,247,517 · end of year $248,067,337
-
17 · Accounts payable and accrued expenses
beginning of year $54,205,705 · end of year $48,802,387
-
20 · Tax-exempt bond liabilities
beginning of year $236,721,408 · end of year $167,918,501
-
23 · Secured mortgages and notes payable
beginning of year $7,371,035 · end of year $860,032
-
25 · Other liabilities
beginning of year $8,211,083 · end of year $3,753,342
-
27 · Net assets without donor restrictions
beginning of year $330,601,054 · end of year $393,903,208
-
28 · Net assets with donor restrictions
beginning of year $2,990,900 · end of year $2,574,594
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.
Activities or mission (Part I)
WE IMPROVE LIVES THROUGH LEARNING, HEALING, DISCOVERY, AND THROUGH HUMAN CONNECTION.
-
UCHEALTH PARKVIEW MEDICAL CENTER (PMC) PROVIDES, ACUTE, INPATIENT, OUTPATIENT, AS WELL AS EMERGENCY CARE. PMC SERVICES COMMUNITIES IN SOUTHERN COLORADO. DURING FISCAL YEAR 2024, PMC RECORDED 65,555 PATIENT DAYS; 13,630 INPATIENT ADMISSIONS; 7,071 OBSERVATION PATIENTS ADMISSIONS; 601,474 OUTPATIENT VISITS; 76,924 EMERGENCY VISITS OUTPATIENT AND ADMITS; 1,815 BIRTHS; 2,943 INPATIENT SURGERIES; AND 7,790 OUTPATIENT SURGERIES.
Expenses $278,578,930 · Revenue $501,609,863
As filed on the 2023 return.
Listed in Part VII
-
Darrin SmithDARRIN SMITH
PRESIDENT/CEO
- Total calculated
- $529,824
- From this org
- $482,766
- From related orgs
- $0
- Other
- $47,058
- Hours/week
- 38 + 2 related
Schedule J breakdown matched by us
- Base
- $482,766
- Bonus
- $0
- Other
- $0
- Deferred
- $22,500
- Nontaxable benefits
- $24,558
- Filer's total
- $529,824
-
Mark DunsmoorMARK DUNSMOOR
CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mark KennedyMARK KENNEDY
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Sam KrageSAM KRAGE
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Michael Growney MDMICHAEL GROWNEY MD
MEDICAL CHIEF OF STAFF
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Natalie Mosley DoNATALIE MOSLEY DO
BOARD MEMBER
- Total calculated
- $648,372
- From this org
- $467,860
- From related orgs
- $155,953
- Other
- $24,559
- Hours/week
- 39 + 1 related
Schedule J breakdown matched by us
- Base
- $467,860 + $155,953 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $18,419 + $6,140 related
- Filer's total
- $486,279 + $162,093 related
-
Judy FondaJUDY FONDA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Vince VigilVINCE VIGIL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Ray BakerRAY BAKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Seth ClaytonSETH CLAYTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Liz ConcoridaLIZ CONCORIDA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
John Millea DDSJOHN MILLEA DDS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dave VecchioDAVE VECCHIO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Sherri BacaSHERRI BACA
BOARD MEMBER -(PART YEAR)
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Judy WeaverJUDY WEAVER
PHS CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Matthew BowlesMATTHEW BOWLES
BOARD MEMBER(PART YEAR)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jim HadleyJIM HADLEY
BOARD MEMBER(PART YEAR)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Laura KellyLAURA KELLY
BOARD MEMBER(PART YEAR)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Michael RamosMICHAEL RAMOS
BOARD MEMBER(PART YEAR)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jon RiggsJON RIGGS
CFO
- Total calculated
- $510,245
- From this org
- $472,200
- From related orgs
- $0
- Other
- $38,045
- Hours/week
- 38 + 2 related
Schedule J breakdown matched by us
- Base
- $472,200
- Bonus
- $0
- Other
- $0
- Deferred
- $22,500
- Nontaxable benefits
- $15,545
- Filer's total
- $510,245
-
Ali K Murad MDALI K MURAD MD
PHYSICIAN
- Total calculated
- $1,700,038
- From this org
- $1,238,977
- From related orgs
- $412,992
- Other
- $48,069
- Hours/week
- 30 + 10 related
Schedule J breakdown matched by us
- Base
- $1,238,977 + $412,992 related
- Bonus
- $0
- Other
- $0
- Deferred
- $16,875 + $5,625 related
- Nontaxable benefits
- $19,177 + $6,392 related
- Filer's total
- $1,275,029 + $425,009 related
-
Suraj SinghSURAJ SINGH
PHYSICIAN
- Total calculated
- $3,158,389
- From this org
- $2,334,396
- From related orgs
- $778,132
- Other
- $45,861
- Hours/week
- 30 + 10 related
Schedule J breakdown matched by us
- Base
- $2,334,396 + $778,132 related
- Bonus
- $0
- Other
- $0
- Deferred
- $16,875 + $5,625 related
- Nontaxable benefits
- $17,521 + $5,840 related
- Filer's total
- $2,368,792 + $789,597 related
-
Jennifer L FitzpatrickJENNIFER L FITZPATRICK
PHYSICIAN
- Total calculated
- $1,283,112
- From this org
- $945,459
- From related orgs
- $315,153
- Other
- $22,500
- Hours/week
- 30 + 10 related
Schedule J breakdown matched by us
- Base
- $945,459 + $315,153 related
- Bonus
- $0
- Other
- $0
- Deferred
- $16,875 + $5,625 related
- Nontaxable benefits
- $0
- Filer's total
- $962,334 + $320,778 related
-
Pantelis HadjizachariaPANTELIS HADJIZACHARIA
PHYSICIAN
- Total calculated
- $1,116,402
- From this org
- $818,125
- From related orgs
- $272,708
- Other
- $25,569
- Hours/week
- 30 + 10 related
Schedule J breakdown matched by us
- Base
- $818,125 + $272,708 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $19,177 + $6,392 related
- Filer's total
- $837,302 + $279,100 related
-
Rickland L LikesRICKLAND L LIKES
PHYSICIAN
- Total calculated
- $1,026,355
- From this org
- $734,670
- From related orgs
- $244,890
- Other
- $46,795
- Hours/week
- 30 + 10 related
Schedule J breakdown matched by us
- Base
- $734,670 + $244,890 related
- Bonus
- $0
- Other
- $0
- Deferred
- $16,875 + $5,625 related
- Nontaxable benefits
- $18,221 + $6,074 related
- Filer's total
- $769,766 + $256,589 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
- 1a · Travel for companions
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- PARKVIEW HEALTH SYSTEMS, INC., PROVIDES TRAVEL EXPENSES TO THE BOARD OF DIRECTORS, OFFICERS AND THEIR SPOUSES TO THE ANNUAL BOARD OF DIRECTORS MEETING. THE SPOUSES OF THE BOARD OF DIRECTORS AND OFFICERS RECEIVE A 1099 FOR THE AMOUNT OF EXPENSES PAID ON THEIR BEHALF.
- PART I, LINE 3
- THE ORGANIZATION'S BOARD OF DIRECTORS DETERMINES THE SALARY AND BONUS OF THE EXECUTIVE DIRECTOR BASED ON EMPLOYMENT CONTRACTS, COMPENSATION SURVEYS, AND RECOMMENDATIONS BY THE ORGANIZATION'S COMPENSATION COMMITTEE. THE COMPENSATION STRUCTURE FOR ALL OTHER EMPLOYEES IS BASED ON EXPERIENCE, TITLE, AND RANGE FOR THE POSITION.
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.
-
501(C)(3) · HEALTH SERVICES/MANAGEMENT · CO
Directly controlled by UNIVERSITY OF COLORADO HEALTH
-
501(C)(3) · SUPPORTING ORGANIZATION · CO
Directly controlled by PARKVIEW HEALTH SYSTEMS
-
501(C)(3) · HEALTHCARE MANAGEMENT · CO
-
501(C)(3) · HEALTH SERVICES · CO
Directly controlled by UNIVERSITY OF COLORADO HEALTH
-
501(C)(3) · HEALTH SERVICES · CO
Directly controlled by UNIVERSITY OF COLORADO HEALTH
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 · MEDICAL SERVICES · CO · 51% owned · share of income $453,540 · share of assets $2,198,838
Directly controlled by PMC
-
RELATED · MEDICAL SERVICES · CO · 51.79% owned · share of income -$15,325
Directly controlled by PMC
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C · CONTRACT SERVICES · CO · controlled entity
-
C · BUILDING MGMT · CO · 100% owned · share of income -$8,870 · share of assets $103,989 · controlled entity
Directly controlled by PMC
-
C · BUILDING MGMT · CO · 100% owned · share of assets $2,618 · controlled entity
Directly controlled by PMC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511359349305436
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