Delta Dental Of Colorado
- Assets
- $119.6m
- Revenue
- $482.1m
- Investments
- $51.1m
- Employees
- 268
- Location
- Centennial, CO
- Founding
- 09/2019
- Data as of
- 12/2021
- EIN
- 83-4416613
Organization Overview
Delta Dental Of Colorado is located in Centennial, CO. The organization was established in 2019. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Delta Dental Of Colorado employed 268 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delta Dental Of Colorado is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Delta Dental Of Colorado generated $482.1m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 58.8% each year . All expenses for the organization totaled $480.0m during the year ending 12/2021. While expenses have increased by 55.6% per year over the past 2 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 2020, Delta Dental Of Colorado has awarded 40 individual grants totaling $12,365,079. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE ORAL HEALTH OF THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF RISK AND SELF-FUNDED PLANS TO SUBSCRIBERSDELTA DENTAL OF COLORADO DEVOTES ITSELF TO ITS MISSION OF IMPROVING THE ORAL HEALTH OF COLORADO'S PEOPLE. BECAUSE PEOPLE WITH DENTAL INSURANCE ARE OVER TWICE AS LIKELY TO VISIT A DENTIST REGULARLY, DELTA DENTAL OF COLORADO WORKS HARD TO MAKE DENTAL INSURANCE AS AFFORDABLE AND ACCESSIBLE AS POSSIBLE, AND TO THAT END, INSURES OVER 1,000,000 PEOPLE IN COLORADO AND 300,000 IN OTHER VARIOUS STATES. THE REVENUE GENERATED IS USED TO FUND THE COMMUNITY BENEFIT EFFORTS DESCRIBED IN LINE 4B.
COMMUNITY BENEFIT PROGRAMSAS A NONPROFIT, DELTA DENTAL OF COLORADO DEVOTES SIGNIFICANT RESOURCES TO FULFILLING OUR MISSION OF IMPROVING THE ORAL HEALTH OF THE COMMUNITIES WE SERVE. DELTA DENTAL OF COLORADO PROVIDES DENTAL BENEFITS AND ORAL HEALTH INFORMATION AND SERVICES TO AS MANY PEOPLE AS POSSIBLE. OVER THE PAST SIXTEEN YEARS, DELTA DENTAL OF COLORADO HAS DEVOTED A SUBSTANTIAL AMOUNT OF ITS ADJUSTED NET GAIN TO ITS CORPORATE SOCIAL RESPONSIBILITY INITIATIVES. THESE ACTIVITIES INCLUDE DONATIONS, IN-KIND ORAL HEALTH SUPPLY DONATIONS, AND CORPORATE SPONSORSHIPS WITH MANY ORGANIZATIONS INCLUDING HABITAT FOR HUMANITY, METRO CARING, VOLUNTEERS FOR OUTDOOR COLORADO, AND MILE HIGH UNITED WAY. THE COMPANY ALSO SPONSORS LOCAL NONPROFIT ORGANIZATIONS AND COMMUNITY EVENTS AND DONATED OVER 252,000 ORAL HEALTH ITEMS REACHING MORE THAN 150,000 PEOPLE THROUGHOUT COLORADO. A PORTION OF THE FUNDING SUPPORT GOES TO DELTA DENTAL OF COLORADO FOUNDATION, WHICH RECEIVED $6.0 MILLION IN 2021 TO ADVANCE ORAL HEALTH EQUITY THROUGH GRANT MAKING. THE COMPANY SUPPORTS ENGAGEMENT IN THE COMMUNITY THROUGH ITS VOLUNTEER PROGRAM WITH 129 OF ITS 225 EMPLOYEES CONTRIBUTING THEIR TIME IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen W Drexler President And Chief Executive Officer | OfficerTrustee | 35 | $801,206 |
Gregory C Vochis Chief Financial Officer And Treasurer | Officer | 37 | $487,281 |
David W Gerbus Chief Administrative Officer & General Counsel And | Officer | 38 | $480,183 |
Kathleen S Jacoby Vice President Marketing And Member Experience | Officer | 40 | $436,669 |
Robert M Thompson Vice President Sales And Client/broker Experience | Officer | 40 | $434,020 |
Brad T Guyton Chief Dental Officer | Officer | 22 | $298,542 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wyssta Services Inc 3rd Party Insurance Processing | 12/30/21 | $3,235,619 |
Encara Inc Sales And Marketing Services | 12/30/21 | $1,621,187 |
Fiserv Printing And Mailing Services | 12/30/21 | $1,120,000 |
Corvesta Inc It Support & Claims Processing | 12/30/21 | $6,183,449 |
Revgen Partners Inc Business Management Consultant | 12/30/21 | $2,537,564 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $479,817,682 |
| Investment income | $1,236,741 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,071,357 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $482,133,073 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,854,162 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $411,440,299 |
| Compensation of current officers, directors, key employees. | $3,966,961 |
| Compensation of current officers, directors, key employees. | $79,339 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,941,081 |
| Pension plan accruals and contributions | $1,136,272 |
| Other employee benefits | $2,683,235 |
| Payroll taxes | $1,203,288 |
| Fees for services: Management | $3,301,141 |
| Fees for services: Legal | $466,290 |
| Fees for services: Accounting | $127,585 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $148,002 |
| Fees for services: Other | $980,544 |
| Advertising and promotion | $2,223,842 |
| Office expenses | $884,614 |
| Information technology | $4,766,236 |
| Royalties | $0 |
| Occupancy | $1,615,815 |
| Travel | $28,751 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,639,085 |
| Insurance | $276,728 |
| All other expenses | $1,615,638 |
| Total functional expenses | $479,981,528 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,491,912 |
| Savings and temporary cash investments | $3,811,336 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,219,302 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,939,139 |
| Net Land, buildings, and equipment | $14,060,848 |
| Investments—publicly traded securities | $10,819,962 |
| Investments—other securities | $51,080,080 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,129,776 |
| Total assets | $119,552,355 |
| Accounts payable and accrued expenses | $19,461,346 |
| Grants payable | $6,000,000 |
| Deferred revenue | $1,826,194 |
| Tax-exempt bond liabilities | $0 |
| 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 | $0 |
| Other liabilities | $29,276,340 |
| Total liabilities | $56,563,880 |
| Net assets without donor restrictions | $62,988,475 |
| 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 | $119,552,355 |
Grants Awarded
Over the last fiscal year, Delta Dental Of Colorado has awarded $6,698,600 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
Centennial, CO PURPOSE: FUNDING TO SUPPORT DELTA DENTAL FOUNDATION AND FURTHER ITS MISSION | $6,000,000 |
Denver, CO PURPOSE: FUNDING TO SUPPORT LOCAL EDUCATIONAL ORGANIZATION | $150,000 |
Arvada, CO PURPOSE: FUNDING TO SUPPORT LOCAL CHARITABLE ORGANIZATION | $100,000 |
Denver, CO PURPOSE: FUNDING TO SUPPORT LOCAL CHARITABLE ORGANIZATION | $50,400 |
Colorado Springs, CO PURPOSE: FUNDING TO SUPPORT LOCAL DENTAL HEALTH ORGANIZATION | $32,000 |
Denver, CO PURPOSE: FUNDING TO SUPPORT LOCAL CHARITABLE ORGANIZATION | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delta Dental Of Colorado Centennial, CO | $119,552,355 | $482,133,073 |
Childrens Hospital Colorado Aurora, CO | $82,093,009 | $83,634,680 |
Childrens Hospital & Medical Center Foundation Omaha, NE | $482,957,536 | $27,549,600 |
Ibew Local Union No 347 Health & Welfare Fund Salt Lake City, UT | $63,675,578 | $34,998,053 |
Regional West Health Services & Affiliated Employee Benefit Trust Scottsbluff, NE | $5,369,125 | $34,323,197 |
Phoenix Childrens Hospital Foundation Phoenix, AZ | $169,654,269 | $46,955,986 |
Operating Engineers Health And Welfare Trust Fund For Colorado Arvada, CO | $27,494,778 | $20,685,381 |
Motor Car Dealers Assn Of Greater Kansas City Health & Welfare Fund Overland Park, KS | $2,304,856 | $21,574,079 |
Catholic Health Initiatives Colorado Foundation Centennial, CO | $87,057,736 | $22,290,693 |
Banner Health Foundation Phoenix, AZ | $138,766,928 | $27,502,678 |
Saint Francis Health System Inc General/Professional Liability Los Tulsa, OK | $35,657,077 | $16,772,953 |
Sun Health Foundation Sun City West, AZ | $41,548,364 | $9,339,372 |