Colorado West Inc

Organization Overview

Colorado West Inc, operating under the name West Springs Hospital Inc, is located in Grand Junction, CO. The organization was established in 2010. According to its NTEE Classification (F31) the organization is classified as: Psychiatric Hospitals, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. West Springs Hospital 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 06/2021, West Springs Hospital Inc generated $15.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $17.9m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WEST SPRINGS HOSPITAL IS A LEADING PSYCHIATRIC HOSPITAL IN CO, RECOGNIZED FOR SKILL IN TREATMENT AND COMPASSIONATE, PROFESSIONAL STAFF. WE TREAT PATIENTS OF ALL AGES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE HOSPITAL PROVIDES INPATIENT MENTAL HEALTH SERVICES TO A 10-COUNTY AREA OF WESTERN COLORADO INCLUDING OBSERVATION AND WALK-IN CENTER.


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Board, Officers & Key Employees

Name (title)Compensation
Sharon Raggio
President & CEO (resigned 2022)
$0
Doug Pattison
CFO
$0
Al Saliman MD
Chair
$0
Stefan Bate
Chair Elect
$0
Kimberly Boe
Exec Vice President
$0
Mark Ramsey
Psychiatrist
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Genoa Healthcard
Healthcare
$150,000
Citadel Security
Security
$110,180
Colorado West Inc
Management Services
$2,297,267
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $10,000
All other contributions, gifts, grants, and similar amounts not included above$1,445,201
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,455,201
Total Program Service Revenue$13,891,128
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $15,441,222

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Colorado West Inc has recieved totaling $84,890.

Awarding OrganizationAmount
Mind Springs Foundation

Glenwood Springs, CO

PURPOSE: MEDICAL CARE

$28,530
Colorado Hospital Association

Greenwood Village, CO

PURPOSE: Support Organization

$28,180
Colorado Hospital Association

Greenwood Village, CO

PURPOSE: Support Organization

$28,180
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$289,303
Net Contributions$1,170,731
Ending Balance$1,460,034

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