Banner Health

Organization Overview

Banner Health is located in Phoenix, AZ. The organization was established in 1977. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2023, Banner Health employed 57,649 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Banner Health is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Banner Health generated $8.5b in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $8.1b during the year ending 12/2022. While expenses have increased by 5.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Banner Health has awarded 345 individual grants totaling $205,709,886. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

BANNER HEALTH'S NONPROFIT MISSION IS "MAKING HEALTH CARE EASIER, SO LIFE CAN BE BETTER".

Describe the Organization's Program Activity:

SEE SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director/vice-Chair
$91,500
Name Not Listed
President & CEO
$8,677,920
Name Not Listed
Director/chairman
$107,500
Name Not Listed
Director
$91,500
Name Not Listed
Director
$91,500
Name Not Listed
Director
$95,000

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mckesson Corporation
Pharmaceutical
$767,666,780
American Express
Financial Services
$173,450,916
Bank Of America
Financial Services
$136,899,929
Professional Respiratory Care
Healthcare Consulting
$136,122,742
Prolink Healthcare Llc
Healthcare Consulting
$123,308,495
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$17,593,613
Government grants $93,002,861
All other contributions, gifts, grants, and similar amounts not included above$10,224,753
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$120,821,227
Total Program Service Revenue$8,203,721,447
Investment income $114,600,723
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $4,892,274
Net Gain/Loss on Asset Sales $51,290,165
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,495,325,836

Grants Awarded

Over the last fiscal year, Banner Health has awarded $31,938,942 in support to 41 organizations.

Grant RecipientAmount

ALZHEIMERS ASSOCIATION

PURPOSE: GENERAL SUPPORT

$22,000

AMERICAN CANCER SOCIETY

PURPOSE: GENERAL SUPPORT

$82,000

AMERICAN CANCER SOCIETY

PURPOSE: GENERAL SUPPORT

$25,000

AMERICAN HEART ASSOCIATION

PURPOSE: GENERAL SUPPORT

$25,279

ARIZONA FOR ALL

PURPOSE: GENERAL SUPPORT

$20,000

AZ FIRE & MED AUTHORITY

PURPOSE: GENERAL SUPPORT

$5,100
View Grant Profile

Peer Organizations

Organization NameAssets
Adventist Health System-West
Roseville, CA
$805,066,340
Northbay Healthcare Group
Fairfield, CA
$713,289,955
Health Care La Ipa
Thousand Oaks, CA
$665,073,793
Common Spirit Mountain Region
Centennial, CO
$513,095,638
Coh Holdco Inc
Duarte, CA
$147,365,839
Banner-University Care Advantage
Phoenix, AZ
$308,611,711
Community Hospitals Of Central California
Fresno, CA
$312,952,664
Scottsdale Healthcare Corp
Scottsdale, AZ
$220,909,211
Renown Health
Reno, NV
$222,562,734
The Colorado Health Foundation
Denver, CO
$151,395,784
Arch Health Partners Inc
Poway, CA
$163,607,257
Pacific Central Coast Health Centers
San Francisco, CA
$120,171,220
Northbay Healthcare Corporation
Fairfield, CA
$98,668,407
Taos Health Systems Inc Holy Cross Hospital
Taos, NM
$88,088,856
Lower Valley Hospital Association
Fruita, CO
$89,490,882
Southwest Health System Inc
Cortez, CO
$77,308,607
Emanate Health
Covina, CA
$75,744,646
Tmc Medical Network
Tucson, AZ
$47,512,873
Memorialcare Select Health Plan
Fountain Valley, CA
$42,722,051
Diversus Health Inc
Colorado Springs, CO
$60,942,480
Parkview Health Systems Inc
Pueblo, CO
$55,064,445
University Faculty Associates Inc
Fresno, CA
$53,818,386
Huntington Medical Foundation
Pasadena, CA
$42,291,573
Diversus Health Inc
Colorado Springs, CO
$46,942,637
Community Health Systems Inc
Moreno Valley, CA
$52,973,343

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