Boulder Community Health
- Assets
- $774.9m
- Revenue
- $424.5m
- Investments
- $19.9m
- Employees
- 2,551
- Location
- Boulder, CO
- Founding
- 07/1939
- Data as of
- 12/2022
- EIN
- 84-0175870
Organization Overview
Boulder Community Health, operating under the name Boulder Community Hospital, is located in Boulder, CO. The organization was established in 1939. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, Boulder Community Hospital employed 2,551 individuals. This organization is the central organization for a national or regional group of organizations. Boulder Community Hospital 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, Boulder Community Hospital generated $424.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $424.2m during the year ending 12/2022. While expenses have increased by 2.5% 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, Boulder Community Hospital has awarded 25 individual grants totaling $721,663. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PARTNERING TO CREATE AND CARE FOR THE HEALTHIEST COMMUNITY IN THE NATION.
Describe the Organization's Program Activity:
HEALTH CARE DELIVERY OF IP AND OP MEDICAL CARE. IN 2022, THE HOSPITAL DISCHARGED 7,957 ADULT & PEDIATRIC PATIENTS WITH AN AVERAGE LENGTH OF STAY OF 4.1 DAYS. 42,681 PATIENTS WERE SEEN IN OUR ER FACILITIES. 8,488 PATIENTS WERE SEEN IN OUR URGENT CARE FACILITIES. 6,166 SURGERIES WERE PERFORMED IN IP AND OP SETTINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel O'hair Physician | 40 | $1,484,651 | |
Charles Jones Physician | 40 | $1,305,707 | |
Robert J Vissers Exec Director/ceo | OfficerTrustee | 40 | $972,972 |
Bryan Mahan Physician | 40 | $1,135,326 | |
Susan Hagen Physician | 40 | $846,961 | |
Srinivas Iyengar Physician | 40 | $824,902 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Favorite Healthcare Staffing Agency Nursing Services | 12/30/22 | $7,198,774 |
Medical Solutions Llc Agency Nursing Services | 12/30/22 | $2,588,311 |
Healthcare Workforce Logistics Holdings Llc Agency Nursing Services | 12/30/22 | $2,316,885 |
Boulder Emergency Physicians Cmc Emergency Room Coverage & Er Medical Director | 12/30/22 | $1,430,309 |
Bosla Llc Ortho Trauma Call And Ortho Management Svcx | 12/30/22 | $1,403,730 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,957,609 |
| Government grants | $665,674 |
| All other contributions, gifts, grants, and similar amounts not included above | -$170 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,623,113 |
| Total Program Service Revenue | $389,881,039 |
| Investment income | $7,530,644 |
| Tax Exempt Bond Proceeds | -$18,554 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$502,333 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $91,539 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $424,547,516 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $42,400 |
| Grants and other assistance to domestic individuals. | $234,547 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $5,204,589 |
| Compensation of current officers, directors, key employees. | $4,883,081 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $158,253,872 |
| Pension plan accruals and contributions | $5,500,556 |
| Other employee benefits | $15,948,521 |
| Payroll taxes | $10,652,541 |
| Fees for services: Management | $31,066,630 |
| Fees for services: Legal | $380,389 |
| Fees for services: Accounting | $140,568 |
| Fees for services: Lobbying | $16,023 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $281,780 |
| Fees for services: Other | $40,572,612 |
| Advertising and promotion | $371,959 |
| Office expenses | $5,335,774 |
| Information technology | $11,303,759 |
| Royalties | $0 |
| Occupancy | $9,399,362 |
| Travel | $272,370 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $240,377 |
| Interest | $3,203,834 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,513,633 |
| Insurance | $2,188,928 |
| All other expenses | $5,355,563 |
| Total functional expenses | $424,186,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,855 |
| Savings and temporary cash investments | $2,626,554 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $64,470,310 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,884,270 |
| Prepaid expenses and deferred charges | $8,106,644 |
| Net Land, buildings, and equipment | $281,988,151 |
| Investments—publicly traded securities | $279,981,414 |
| Investments—other securities | $19,905,963 |
| Investments—program-related | $17,038,161 |
| Intangible assets | $68,575 |
| Other assets | $94,818,933 |
| Total assets | $774,903,830 |
| Accounts payable and accrued expenses | $56,866,346 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $138,299,143 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $70,000 |
| Other liabilities | $44,812,093 |
| Total liabilities | $240,047,582 |
| Net assets without donor restrictions | $480,582,146 |
| Net assets with donor restrictions | $54,274,102 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $774,903,830 |
Grants Awarded
Over the last fiscal year, Boulder Community Health has awarded $107,338 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BOULDER VALLEY SCHOOLD DISTRICT PURPOSE: To support high school athletics and help to reduce student athlete injuries | $76,988 |
COMMUNITY FOUNDATION BOULDER COUNTY PURPOSE: Support for local quality of life improvement | $12,000 |
BOULDER COMMUNITY HEALTH FOUNDATION PURPOSE: To support the efforts of the BCH Foundation in the form of rental space | $18,350 |