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 12/2021, Banner Health employed 50,471 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 12/2021, Banner Health generated $8.8b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $8.1b during the year ending 12/2021. While expenses have increased by 5.9% 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.

Since 2014, Banner Health has awarded 304 individual grants totaling $173,770,944. 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

2021

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
Former Officer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mckesson Corporation
Pharmaceutical
$702,989,256
Prolink Healthcare Llc
Healthcare Consulting
$247,514,776
American Express
Financial Services
$181,927,728
Professional Respiratory Care
Healthcare Consulting
$144,334,097
Bank Of America
Financial Services
$115,418,838
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$16,876,807
Government grants $144,142,192
All other contributions, gifts, grants, and similar amounts not included above$6,607,135
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$167,626,134
Total Program Service Revenue$8,175,020,841
Investment income $125,783,462
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $4,390,027
Net Gain/Loss on Asset Sales $278,434,913
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,751,255,377

Grants Awarded

Over the last fiscal year, Banner Health has awarded $23,232,261 in support to 44 organizations.

Grant RecipientAmount

THE UNIVERSITY OF ARIZONA FOUNDATION

Org PageRecipient Profile

Tucson, AZ

PURPOSE: GENERAL SUPPORT

$22,176,310

UNIVERSITY OF NORTHERN COLORADO FOUNDATION

Org PageRecipient Profile

Greeley, CO

PURPOSE: GENERAL SUPPORT

$282,210

AMERICAN CANCER SOCIETY

PURPOSE: GENERAL SUPPORT

$95,000

KEEPING AZ HEALTHY

Org PageRecipient Profile

Phoenix, AZ

PURPOSE: GENERAL SUPPORT

$86,000

GREATER PHOENIX LEADERSHIP

Org PageRecipient Profile

Phoenix, AZ

PURPOSE: GENERAL SUPPORT

$79,750

GREELEY INDEPENDENCE STAMPEDE

Org PageRecipient Profile

Greeley, CO

PURPOSE: GENERAL SUPPORT

$51,040
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Banner Health has recieved totaling $406,267.

Awarding OrganizationAmount
Colorado Rural Health Center

Aurora, CO

PURPOSE: GRANT PASSTHROUGH

$224,675
Colorado Rural Health Center

Aurora, CO

PURPOSE: GRANT PASSTHROUGH

$181,592
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Adventist Health System-West
Roseville, CA
$789,421,387
Loma Linda Mercantile
Loma Linda, CA
$892,472,678
Northbay Healthcare Group
Fairfield, CA
$685,543,580
Centura Health Corporation
Centennial, CO
$478,768,711
Health Care La Ipa
Thousand Oaks, CA
$468,769,852
Banner-University Care Advantage
Phoenix, AZ
$318,721,179
Community Hospitals Of Central California
Fresno, CA
$240,202,775
Scottsdale Healthcare Corp
Scottsdale, AZ
$191,671,427
Renown Health
Reno, NV
$203,266,795
The Colorado Health Foundation
Denver, CO
$151,395,784
Pacific Central Coast Health Centers
San Francisco, CA
$151,805,152
Arch Health Partners Inc
Poway, CA
$114,017,124

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