Christian Thomas, President & CEO. Fiscal year ending 2024-12.
$1.3M
CEO total compensation Form 990 Part VII, columns D+E+F
0.16%
of expenses spent on charity care Schedule H Part I line 7a
271.0%
CEO pay as a share of all charity care
In the most recent filing year, Christian Thomas’s reported compensation was $1,321,554. The system’s charity care for the same year was $487,677. One person’s reported compensation was 2.7 times what the system gave to every patient who could not pay.
§1The filing
Total revenue
$312,467,338
Total expenses
$305,467,332
Net assets
$74,234,022
Employees
1,702
Hospitals covered
1 facilities across 1 filing
Charity care, net
$487,677
Bad debt
$2,035,784
Medicare surplus (shortfall), as filed
($6,746,527)
CEO pay from the organization (Part VII col. D)
$1,209,058
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$112,496
CEO total compensation (D+E+F)
$1,321,554 to Christian Thomas
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.
What the system reported as total community benefit (Schedule H line 7k)$4.1MOf which charity care to patients who could not pay (line 7a)$487,677 (12%)
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($2.0M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.
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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Colorado West Healthcare System reported $1,321,554 in compensation for chief executive Christian Thomas in the fiscal year ending 2024-12. It spent 0.16% of expenses on charity care, $487,677. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/colorado-west-healthcare-system-84-0469270.html
