Colorado · Utah · Kansas · Not ranked: see note below.
Catholic Health Initiatives Colorado
Andrew Gaasch, President Mountain Region. Fiscal year ending 2025-06.
Form 990 Part VII, columns D+E+F
Schedule H Part I line 7a
Not in the ranking because the chief executive could not be identified from the filing with confidence. The figures below are shown as filed.
Most of the reported compensation ($2,146,430 of $2,430,605) came from a related organization (Part VII column E) and was reported on this filing.
Also listed with a chief executive title in the same filings: Peter Banko, Former CEO/President Mountain Region, $3,955,729. Where a chief executive retired during the year, the filing reports the final-year payout.
§1The filing
- Total revenue
- $3,611,897,907
- Total expenses
- $3,821,385,440
- Net assets
- $2,966,839,553
- Employees
- 17,084
- Hospitals covered
- 19 facilities across 2 filings
- Charity care, net
- $161,481,762
- Bad debt
- $261,053,540
- Medicare surplus (shortfall), as filed
- ($115,895,736)
- CEO pay from the organization (Part VII col. D)
- $0
- From related organizations (col. E)
- $2,146,430
- Other compensation, including deferred pay and nontaxable benefits (col. F)
- $284,175
- CEO total compensation (D+E+F)
- $2,430,605 to Andrew Gaasch
Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.
Source: Form 990, Catholic Health Initiatives Colorado, EIN 84-0405257, fiscal year ending 2025-06, as published by the IRS. CEO identification: president title.
§2Community benefit versus charity care
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($261.1M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.
§3Filings in this system
| Filing entity | EIN | FY end | Revenue | Charity care | % of expenses | Filing |
|---|---|---|---|---|---|---|
| Catholic Health Initiatives Colorado | 84-0405257 | 2025-06 | $3.4B | $154.1M | 4.24% | 990 |
| Commonspirit Kansas Inc | 48-0543721 | 2025-06 | $169.1M | $7.4M | 4.02% | 990 |
Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.
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