Southwest Health System Inc
- Assets
- $66.7m
- Revenue
- $73.0m
- Investments
- $0.0
- Employees
- 583
- Location
- Cortez, CO
- Founding
- 05/1996
- Data as of
- 12/2021
- EIN
- 84-1337350
Organization Overview
Southwest Health System Inc is located in Cortez, CO. The organization was established in 1996. 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 12/2021, Southwest Health System Inc employed 583 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Health System Inc 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 12/2021, Southwest Health System Inc generated $73.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $71.8m during the year ending 12/2021. While expenses have increased by 3.6% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE QUALITY HEALTHCARE TO OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2021, SOUTHWEST HEALTH SYSTEMS SERVED APPROXIMATELY 51,323 INPATIENTS AND OUTPATIENTS, 54,836 PATIENTS WERE SERVED THROUGH OUR PHYSICIAN CLINICS, AND 12,606 PATIENTS WERE SEEN IN OUR EMERGENCY ROOM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Braden Jones Clinic Physician | 40 | $698,356 | |
Kevin Matteson Clinic Physician | 40 | $528,469 | |
Erin Schmitt Clinic Physician | 40 | $498,139 | |
Douglas Bagge Hospital Physician | 40 | $472,765 | |
Kenton Asche Hospital Physician | 40 | $439,154 | |
Ben Carelock Chief Of Staff | Officer | 40 | $276,652 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Trane Building Construction/improvements | 12/30/21 | $730,491 |
Tibor Mojzis Md Contract Providers | 12/30/21 | $513,216 |
Medefis Consolidated Contract Employees | 12/30/21 | $1,208,441 |
Rural Partners In Medicine Llc Contract Providers | 12/30/21 | $621,869 |
Novus Anesthesia Of Co Contract Anesthesiologist | 12/30/21 | $590,063 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,876,597 |
| All other contributions, gifts, grants, and similar amounts not included above | $215,976 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,092,573 |
| Total Program Service Revenue | $69,381,341 |
| Investment income | $93,668 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$209,076 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $73,002,542 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $34,316,883 |
| Pension plan accruals and contributions | $348,591 |
| Other employee benefits | $2,885,873 |
| Payroll taxes | $1,970,418 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $176,448 |
| Fees for services: Accounting | $96,403 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,495,275 |
| Advertising and promotion | $48,786 |
| Office expenses | $1,136,365 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,235,355 |
| Travel | $416,262 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $276,943 |
| Interest | $1,599,069 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,214,098 |
| Insurance | $952,727 |
| All other expenses | $0 |
| Total functional expenses | $71,823,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,924,325 |
| Savings and temporary cash investments | $782,270 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,879,467 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,832,726 |
| Prepaid expenses and deferred charges | $640,617 |
| Net Land, buildings, and equipment | $37,194,635 |
| Investments—publicly traded securities | $6,432,015 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,044,684 |
| Total assets | $66,730,739 |
| Accounts payable and accrued expenses | $7,107,442 |
| Grants payable | $0 |
| Deferred revenue | $3,066,925 |
| Tax-exempt bond liabilities | $28,982,347 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,714,726 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,604,900 |
| Total liabilities | $47,476,340 |
| Net assets without donor restrictions | $19,254,399 |
| Net assets with donor restrictions | $0 |
| 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 | $66,730,739 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southwest Health System Inc has recieved totaling $231,530.
| Awarding Organization | Amount |
|---|---|
Colorado Rural Health Center Aurora, CO PURPOSE: GRANT PASSTHROUGH | $231,530 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Taos Health Systems Inc Holy Cross Hospital Taos, NM | $42,845,347 | $91,459,696 |
Nebraska Methodist Health System Inc Omaha, NE | $1,257,543,382 | $79,579,701 |
Lower Valley Hospital Association Fruita, CO | $64,162,006 | $78,174,068 |
Southwest Health System Inc Cortez, CO | $66,730,739 | $73,002,542 |
Diversus Health Inc Colorado Springs, CO | $69,056,645 | $59,817,758 |
Tmc Medical Network Tucson, AZ | $11,838,575 | $36,338,871 |
Parkview Health Systems Inc Pueblo, CO | $227,277 | $49,526,192 |
Memorial Community Hospital Corporation Blair, NE | $56,275,818 | $44,044,678 |
Hilltop Health Services Corporation Grand Junction, CO | $63,929,076 | $33,671,328 |
Central Oklahoma Family Medical Center Inc Konawa, OK | $13,609,649 | $34,028,771 |
Mccurtain Memorial Medical Management Inc Idabel, OK | $11,531,552 | $35,443,680 |
Indian Health Care Resource Center Tulsa, OK | $30,557,069 | $25,149,363 |