Catholic Health Initiatives in Englewood, Colorado (CO)

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Catholic Health Initiatives
Employer Identification Number (EIN)470617373
Name of OrganizationCatholic Health Initiatives
In Care of NamePayroll
Address198 Inverness Dr W, Englewood, CO 80112-5202
ActivitiesChurch, synagogue, etc, Hospital, Publishing activities
SubsectionCharitable Organization, Religious Organization
Ruling Date03/1946
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2013
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$6,590,100,034
Amount of Income$1,639,118,386
Form 990 Revenue Amount$1,639,118,386
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Community Health Systems


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Amount of income in 2013: $1,639,118,386
Catholic Health Initiatives: 

 $1,639,118,386
Other organizations performing similar types of work: 

 $58,371,666

Assets in 2013: $6,590,100,034
Catholic Health Initiatives: 

 $6,590,100,034
Other organizations performing similar types of work: 

 $115,495,398

Expenses in 2013: $1,771,399,816
Catholic Health Initiatives: 

 $1,771,399,816
Other organizations performing similar types of work: 

 $46,510,321

Income to expenses ratio in 2013: 0.9
Catholic Health Initiatives: 

 0.9
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2006: 90.0%
Catholic Health Initiatives: 

 90.0%
Other organizations performing similar types of work: 

 86.6%

Number of employees in 2013: 3,111
Catholic Health Initiatives: 

 3,111
Other organizations performing similar types of work: 

 360

Employees paid over $100,000 in 2013: 27.8%
Catholic Health Initiatives: 

 27.8%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2013: 0.1%
Catholic Health Initiatives: 

 0.1%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoNo
Is the organization required to complete Schedule B, Schedule of Contributors?NoYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?YesYes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?YesYes
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?YesYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?YesYes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?YesYes
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?YesYes
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?YesYes
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoYes
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?YesYes
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoYes
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?YesYes
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 10964,1894,207
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return3,0173,111
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYesYes
Has it filed a Form 990-T for this year?YesYes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?YesYes
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$18,429,602$20,092,769
Total reportable compensation from related organizations$39,022$18,000
Total estimated amount of other compensation from the organization and related organizations$2,161,611$2,443,687
Total number of individuals who received more than $100,000 of reportable compensation from the organization438542
Total number of independent contractors who received more than $100,000 of compensation from the organization258322
Statement of Revenue
201120122013
Total revenue$1,340,875,225$1,293,576,146$1,639,118,386
Contributions, Gifts, Grants and Other Similar Amounts$27,141$0$1,566,868
Program Service Revenue$1,120,672,936$1,154,902,851$1,421,045,100
900099$1,064,012,393$1,319,594,377
900099$101,378,951$123,766,247
900099$2,974,495$3,259,171
900099$792,709$1,295,001
900099$-14,372,927$-28,503,290
All other program service revenue$117,230$1,633,594
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$119,066,888$111,252,790$105,706,834
Income from investment of tax-exempt bond proceeds$169,403$199,946$64,146
Royalties$0$0$0
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$99,235,196$15,003,421$99,906,202
Gross amount from sales of assets other than inventory (Securities / Other)$99,235,196 / $0$15,003,421 / $0$99,906,202 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0$0 / $0$0 / $0
Gain or (loss) (Securities / Other)$99,235,196 / $0$15,003,421 / $0$99,906,202 / $0
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$1,703,661$12,217,138$10,829,236
900099$2,440,968$3,376,295
900099$5,685,802$3,047,857
900099$2,125,356$1,417,031
All other revenue$1,965,012$2,988,053
Statement of Functional Expenses
201120122013
Total functional expenses$1,209,233,696$1,361,048,516$1,771,399,816
Grants and other assistance to domestic organizations and domestic governments$9,599,354$6,542,328
Grants and other assistance to domestic individuals$146,370$12,750
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$435,333$552,054
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$11,986,654$13,781,529$15,645,386
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$179,062,965$190,859,039$204,424,596
Pension plan accruals and contributions$9,646,557$57,720,265
Other employee benefits$21,685,846$18,613,552
Payroll taxes$12,549,767$15,098,595$17,362,604
Fees for services (non-employees)
Management$0$0
Legal$3,577,127$13,624,399
Accounting$14,550,772$14,517,083
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$0$0
Other$148,048,365$238,831,035
Advertising and promotion$304,248$310,055
Office expenses$21,699,299$21,360,576
Information technology$22,550,885$10,221,323
Royalties$0$0
Occupancy$9,259,775$10,169,628
Travel$11,213,249$15,708,054
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$3,283,904$3,915,793
Interest$165,563,657$202,184,545
Payments to affiliates$0$0
Depreciation, depletion, and amortization$19,935,432$37,721,298
Insurance$131,270,483$122,636,467
Other expenses$1,136,577$413,430,774
Other expenses$376,458,976$184,729,362
Other expenses$139,449,253$27,342,264
Other expenses$15,864,792$1,698,504
Other expenses$15,629,099$132,125,121
Balance Sheet
201120122013
Total assets$5,206,692,632$6,520,487,703$6,590,100,034
Cash - non-interest-bearing$750$548
Savings and temporary cash investments$77,940,531$346,259,064
Pledges and grants receivable, net$0$0
Accounts receivable, net$145,943,422$20,577,100
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$2,954,391,202$2,901,164,610
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$34,421,801$88,826,129
Land, buildings, and equipment: cost or other basis$475,473,218$750,191,606
Investments - publicly traded securities$0$0
Investments - other securities$1,595,050,652$967,565,598
Investments - program-related$0$0
Intangible assets$0$0
Other assets$1,237,266,127$1,515,515,379
Total liabilities$4,713,947,878$6,043,215,137$7,322,706,897
Accounts payable and accrued expenses$371,442,361$274,211,449
Grants payable$0$0
Deferred revenue$15,080,975$51,953,988
Tax-exempt bond liabilities$3,382,820,000$4,190,231,456$5,500,320,587
Escrow or custodial account liability$15,530$15,719
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$617,400,000$475,625,000$702,475,000
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$990,819,815$793,730,154
Total net assets or fund balances$492,744,754$477,272,566$-732,606,863
Unrestricted net assets$476,785,808$-733,094,418
Temporarily restricted net assets$486,758$487,555
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$2,262,270,742
Subtotal$5,746,262,733
Gifts, grants, contributions, and membership fees received$4,849,031
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$5,741,413,702
Gross receipts from activities that are not an unrelated trade or business under section 513$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$3,483,991,991
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$3,483,991,991
Total support$6,303,692,026
Public support$5,746,262,733
Subtotal$532,341,122
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$522,619,849
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$9,721,273
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$25,088,171
Revenue, Expenses, and Changes in Net Assets or Fund Balances
2000200120022003200420052006
Total revenue$385,746,340$395,561,412$441,065,164$411,591,086$446,951,405$572,076,287$617,193,529
Contributions, gifts, grants, and similar amounts received$375,679$29,035$18,161$584,409$133,749$281,570$18,798
Contributions to donor advised funds$0
Direct public support$375,679$29,035$18,161$584,409$109,669$281,570$18,798
Indirect public support$0$0$0$0$24,080$0$0
Government contributions (grants)$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$362,868,558$379,279,581$440,677,913$371,278,880$419,610,719$489,443,442$531,104,195
Membership dues and assessments$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$4,804,462$3,302,402$1,168,859$1,873,304$541,088$1,505,668$18,803,522
Dividends and interest from securities$20,308,125$18,596,873$9,715,551$27,597,587$34,160,773$37,506,709$34,378,149
Net rental income or (loss)$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$-2,610,484$-5,646,479$-10,515,320$10,256,906$-7,494,924$32,270,456$32,866,004
Gross amount from sales of assets other than inventory$29,540$700$913,255$11,760,362$17,894,586$32,274,220$52,019,203
Less: cost or other basis and sales expenses$2,640,024$5,647,179$11,428,575$1,503,456$25,389,510$3,764$19,153,199
Net income or (loss) from special events and activities$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$11,068,442$22,861
Total expenses$374,464,085$387,977,622$440,571,668$355,794,524$410,944,193$518,799,954$626,011,057
Program services$369,841,003$382,769,145$434,238,104$323,877,136$376,854,958$460,784,060$563,504,512
Management and general$4,623,082$5,208,477$6,333,564$31,917,388$34,089,235$58,015,894$62,506,545
Fundraising$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0$0
Net assets or fund balances at end of year$184,699,346$173,263,755$40,068,930$233,202,354$219,378,680$595,469,035$492,616,130
Excess or (deficit) for the year$11,282,255$7,583,790$493,496$55,796,562$36,007,212$53,276,333$-8,817,528
Net assets or fund balances at beginning of year$135,275,503$184,699,346$173,263,755$40,068,930$233,202,354$219,378,680$595,469,035
Other changes in net assets or fund balances$38,141,588$-19,019,381$-133,688,321$137,336,862$-49,830,886$322,814,022$-94,035,377
Statement of Functional Expenses (for 2006)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$626,011,057$563,504,512$62,506,545$0
Grants paid from donor advised funds$0
Other grants and allocations$2,908,348
Specific assistance to individuals$4,653
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$6,647,308$0$6,647,308$0
Compensation of former officers, directors, key employees, etc.$18,604$0$18,604$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$101,471,722$87,937,698$13,534,024$0
Pension plan contributions not included above$5,891,301$4,882,439$1,008,862$0
Employee benefits not included above$12,253,489$11,836,920$416,569$0
Payroll taxes$6,076,686$5,036,077$1,040,609$0
Professional fundraising fees$0$0$0$0
Accounting fees$7,550,197$0$7,550,197$0
Legal fees$2,424,710$0$2,424,710$0
Supplies$1,537,086$1,273,866$263,220$0
Telephone$1,656,784$1,373,066$283,718$0
Postage and shipping$1,136,580$827,648$308,932$0
Occupancy$10,974,117$6,485,795$4,488,322$0
Equipment rental and maintenance$23,470,159$19,450,987$4,019,172$0
Printing and publications$2,415,439$2,276,143$139,296$0
Travel$8,364,374$7,172,690$1,191,684$0
Conferences, conventions, and meetings$2,595,838$2,061,059$534,779$0
Interest$136,372,308$135,425,789$946,519$0
Depreciation, depletion, etc.$27,283,992$22,611,716$4,672,276$0
Other expenses not covered above$264,957,362$251,939,618$13,017,744$0
Balance Sheets
2000200120022003200420052006
Total assets$1,992,859,697$2,252,010,903$2,446,536,612$2,457,226,820$2,863,076,404$2,967,059,073$4,038,010,503
Cash - non-interest-bearing$2,150$2,800$1,000$1,300$275,466,310$22,138,770$4,287,535
Savings and temporary cash investments$0$0$0$2,171,212$188,533,369$80,165,886$639,231,143
Accounts receivable less allowance for doubtful accounts$22,469,654$5,559,552$11,560,383$12,704,267$17,872,327$17,162,024$7,792,279
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$80,000$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0
Other notes and loans receivable less allowance for doubtful accounts$1,455,649,364$1,501,006,919$1,615,035,175$1,683,928,797$1,709,250,474$1,977,637,588$2,099,256,225
Inventories for sale or use$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$3,394,357$13,350,085$3,600,714$5,981,171$7,054,035$19,042,567$28,992,990
Investments - publicly-traded securities$0
Investments - other securities$385,472,313$507,977,797$592,201,927$616,567,008$511,672,005$549,150,423$1,026,434,619
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0
Investments - other$25,440,354$23,511,346$23,809,099$25,393,697$9,209,565$10,600,266$45,737,256
Land, buildings, and equipment less accumulated depreciation$10,107,631$14,386,783$19,150,107$52,335,318$70,007,919$112,529,498$129,047,028
Other assets, including program-related investments$90,323,874$186,135,621$181,178,207$58,144,050$74,010,400$178,632,051$57,231,428
Total liabilities$1,808,160,351$2,078,747,148$2,406,467,682$2,224,024,466$2,643,697,724$2,371,590,038$3,545,394,373
Accounts payable and accrued expenses$74,010,410$44,406,895$50,329,267$64,786,762$227,481,929$66,125,592$91,038,015
Grants payable$0$0$0$0$0$0$0
Deferred revenue$12,038,632$10,347,279$10,222,124$12,760,134$14,822,416$16,178,126$24,801,537
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Tax-exempt bond liabilities$1,593,870,000$1,838,475,000$1,984,725,000$1,901,390,000$2,281,825,000$2,191,665,000$2,480,265,000
Mortgages and other notes payable$115,000,000$115,000,000$115,000,000$115,000,000$93,118,064$93,020,805$881,140,062
Other liabilities$13,241,309$70,517,974$246,191,291$130,087,570$26,450,315$4,600,515$68,149,759
Total liabilities and net assets/fund balances$1,992,859,697$2,252,010,903$2,446,536,612$2,457,226,820$2,863,076,404$2,967,059,073$4,038,010,503
Total net assets or fund balances$184,699,346$173,263,755$40,068,930$233,202,354$219,378,680$595,469,035$492,616,130
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2000200120022003200420052006
Total revenue$0$0$0$0$0$0$0
Total revenue, gains, and other support per audited financial statements$0$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2000200120022003200420052006
Total expenses$0$0$0$0$0$0$0
Total expenses and losses per audited financial statements$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings15
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?Yes
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20061,116
Analysis of Income-Producing Activities (for 2006)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$1,113,055$86,067,933$529,993,743
Program service revenue
Program service revenue 1Other professional, scientific, and technical services$464,07400$0$523,445,600
Program service revenue 2Accounting, tax preparation, bookkeeping, and payroll services$646,37800$0$6,492,667
Program service revenue 3000000$000$0$55,476
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investmentsUnrelated debt-financed activities other than rental of real estate$2,603Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$18,800,919$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$34,378,149$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$32,866,004$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$22,861$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2006)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
980203038100%$102,622,612$636,855,452
232487967100%$7,528,793$19,292,090
43178039950%$36,183,170$9,645,016
841112049100%$3,632,627$4,593,444
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2006)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$711,731$258,066$24,548
$656,409$237,138$25,498
$453,404$414,879$16,442
$593,883$243,211$18,808
$579,714$255,201$19,812
Total number of other employees paid over $50,000923
Statements About Activities (for 2006)
Expenses paid or incurred in connection with the lobbying activities$203,089
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
1999200020012002200320042005
Total$355,270,157$388,356,824$401,207,891$445,579,653$400,190,296$449,278,269$540,516,139
Gifts, grants, and contributions received$110,460$375,679$29,035$18,161$584,409$133,749$281,570
Membership fees received$349,658,711$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$5,500,986$362,868,558$379,279,581$434,677,082$370,134,996$414,442,659$490,153,750
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$25,112,587$21,899,275$10,884,410$29,470,891$34,701,861$39,012,377
Net income from unrelated business activities not included above$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$11,068,442
Lobbying Expenditures by Electing Public Charities (for 2006)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$7,297,328$0$7,297,328
Gross receipts or sales less returns and allowances$7,049,126$0$0
Cost of goods sold$0$0$0
Gross profit$7,049,126$0$7,049,126
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$248,202$0$248,202
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$6,906,607
Compensation of officers, directors, and trustees$0
Salaries and wages$1,228,792
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$1,193
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$321,416
Excess exempt expenses$0
Excess readership costs$0
Other deductions$5,355,206
Unrelated business taxable income$389,721
Unrelated business taxable income before net operating loss deduction$390,721
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$390,721
Specific deduction$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Kaiser Foundation Hospitals2701 Nw Vaughn St Ste 490, Portland, OR 97210-5358OR1949-06$28,457,909,982
2Upmc Group600 Grant St Fl 58, Pittsburgh, PA 15219-2739PA1983-01$9,112,164,378
3Ihc Health Services Inc, Mckay-Dee Hospital36 S State St Ste 2300, Salt Lake Cty, UT 84111-1471UT1982-12$8,851,608,341
4Banner Health1441 N 12th St, Phoenix, AZ 85006-2837AZ1977-01$8,581,481,374
5The Cleveland Clinic Foundation6801 Brecksville Rd Rk1-85, Independence, OH 44131-5032OH1928-10$6,008,512,667
6Providence Health & Services Washington1801 Lind Ave Sw No 9016, Renton, WA 98057-3368WA2001-12$5,286,334,171
7Advocate Health And Hospitals Corporation, Michael Derose3075 Highland Pkwy Fl 6, Downers Grove, IL 60515-5563IL1937-08$5,002,042,755
8Allina Health SystemPO BOX 43, Minneapolis, MN 55440-0043MN1984-03$4,400,704,296
9Catholic Health Initiatives198 Inverness Dr W, Englewood, CO 80112-5202CO1946-03$1,639,118,386
10Healthone, The Colorado Health Foundation501 S Cherry St Ste 1100, Glendale, CO 80246-1330CO1991-02$304,865,074
11Centura Health Corporation3025 S Parker Road Suite 510, Aurora, CO 80014-2911CO1996-07$220,906,832
12Aspenpointe Inc, Aspenpointe Health Services220 Ruskin Dr, Colorado Spgs, CO 80910-2522CO2006-03$20,164,580
13Aspenpointe Inc, Group Return675 Southpointe Ct Ste 210, Colorado Spgs, CO 80906-3888CO2006-03$59,009,325
14Aspenpointe Inc675 Southpointe Ct Ste 210, Colorado Spgs, CO 80906-3888CO2006-03$44,015,971
15Aspenpointe IncPO BOX 15318, Colorado Spgs, CO 80935-5318CO2005-03$2,027,827
16Aspenpointe Inc, Aspenpointe Youth Directions220 Ruskin Dr, Colorado Spgs, CO 80910-2522CO2006-03$452,260
17Aspenpointe Inc, Aspenpointe Employment220 Ruskin Dr, Colorado Spgs, CO 80910-2522CO2006-03$0
18Aspenpointe Inc, Aspenpointe Enterprises220 Ruskin Dr, Colorado Spgs, CO 80910-2522CO2006-03$0
19Aspenpointe Inc, Aspenpointe Foundation220 Ruskin Dr, Colorado Spgs, CO 80910CO2006-03$0
20Aspenpointe Inc, Aspenpointe Properties675 Southpointe Ct Ste 210, Colorado Spgs, CO 80906-3888CO2006-03$0
Number of organizations performing similar types of work
Alaska1
Alabama5
Arizona8
California23
Colorado15
Connecticut6
Florida22
Georgia16
Hawaii2
Iowa3
Illinois19
Indiana7
Kansas2
Kentucky6
Louisiana3
Massachusetts15
Maryland13
Maine3
Michigan15
Minnesota9
Missouri12
Mississippi2
Montana1
North Carolina7
North Dakota1
Nebraska7
New Hampshire3
New Jersey8
New Mexico1
Nevada2
New York12
Ohio26
Oklahoma6
Oregon2
Pennsylvania32
Rhode Island4
South Carolina7
Tennessee10
Texas20
Utah1
Virginia10
Vermont3
Washington4
Wisconsin6
West Virginia6
International2
Total388
20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
SubordinateSaint Francis Hospital Inc6600 S Yale Ave, Tulsa, OK 74136-3347OK1946-03$3,970,090,877
SubordinateFranciscan Alliance Inc1515 W Dragoon Trl, Mishawaka, IN 46544-4710IN1946-03$2,596,912,525
SubordinatePeacehealth, Ketchikan Medical Center1115 Se 164th Ave Dept 332, Vancouver, WA 98683-8003WA1965-01$2,090,551,281
SubordinateOsf Healthcare System800 Ne Glen Oak Ave, Peoria, IL 61603-3200IL1946-03$1,896,415,307
SubordinateSt Elizabeth Medical Center Inc1 Medical Village Dr, Edgewood, KY 41017-3403KY1946-03$1,877,972,561
SubordinateProvidence Health System-Southern CaliforniaPO BOX 389672, Seattle, WA 98138-9672WA1946-03$1,724,724,506
SubordinateChristus Health919 Hidden Rdg, Irving, TX 75038-3813TX1946-03$1,654,479,614
SubordinateCatholic Health Initiatives198 Inverness Dr W, Englewood, CO 80112-5202CO1946-03$1,639,118,386
SubordinateCatholic Health Initiatives Colorado, St Anthony North Hospital3025 S Parker Road Suite 510, Aurora, CO 80014-2911CO1946-03$1,621,612,108
SubordinateSt Vincent Hospital & Health Care2001 W 86th St, Indianapolis, IN 46260-1991IN1946-03$1,327,567,131
SubordinateCatholic Healthcare West Southern CaliforniaPO BOX 1507, San Gabriel, CA 91778-1507CA1946-03$1,248,417,601
SubordinateProvidence Medical Research Center101 W 8th Ave, Spokane, WA 99204-2307WA1946-03$1,231,839,049
SubordinateFranciscan Health System1717 S J St, Tacoma, WA 98405-4933WA1946-03$1,205,494,228
SubordinateMount Carmel Health System6150 E Broad St, Columbus, OH 43213-1574OH1946-03$1,198,797,166
SubordinateSsm St Clare Health Center10101 Woodfield Lane, St Louis, MO 63132-2937MO1946-03$1,179,575,580
SubordinateUniversity Of Dayton, Phi Sigma Rho337 Stonemill Road, Dayton, OH 45409OH1976-07$1,170,175,935
SubordinateMercy Hospitals East Communities, Mercy Hospital St Louis645 Maryville Centre Dr Ste 100, Saint Louis, MO 63141-5846MO1946-03$1,107,258,738
SubordinatePresence Hospitals Prv9223 W Saint Francis Rd, Frankfort, IL 60423-8330IL1946-03$1,104,334,849
SubordinateMercy Hospital Springfield645 Maryville Centre Dr Ste 100, Saint Louis, MO 63141-5846MO1946-03$965,658,386
SubordinateSt Francis Hospital United States Catholic Conference100 Port Washington Blvd, Roslyn, NY 11576-1347NY1946-03$949,972,252
Number of affiliated organizations
Alaska6
Alabama18
Arkansas12
Arizona27
California134
Colorado67
Connecticut47
District of Columbia25
Delaware6
Florida66
Georgia17
Hawaii8
Iowa53
Idaho7
Illinois176
Indiana43
Kansas43
Kentucky33
Louisiana55
Massachusetts70
Maryland69
Maine7
Michigan72
Minnesota62
Missouri111
Mississippi11
Montana2
North Carolina12
North Dakota15
Nebraska20
New Hampshire18
New Jersey59
New Mexico7
Nevada6
New York260
Ohio156
Oklahoma11
Oregon16
Pennsylvania120
Rhode Island10
South Carolina5
South Dakota16
Tennessee20
Texas72
Utah3
Virginia20
Vermont3
Washington36
Wisconsin101
West Virginia14
Wyoming3
International7
Total2,257

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