Parkview Health Systems Inc
- Assets
- $227.3k
- Revenue
- $49.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Pueblo, CO
- Founding
- 03/1984
- Data as of
- 06/2021
- EIN
- 84-0935138
Organization Overview
Parkview Health Systems Inc is located in Pueblo, CO. The organization was established in 1984. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parkview Health Systems 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, Parkview Health Systems Inc generated $49.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $49.4m during the year ending 06/2021. 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 OPERATE EXCLUSIVELY FOR THE BENEFIT OF PARKVIEW MEDICAL CENTER, INC. AND TO SUPPORT OTHER NON-PROFIT HEALTH CARE PROVIDERS ORGANIZED FOR CHARITABLE PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS ORGANIZED AS A SUPPORTING ORGANIZATION TO PARKVIEW MEDICAL CENTER AND OPERATES EXCLUSIVELY TO PROVIDE SUPPORT TO THE MEDICAL CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ali Murad Physician | 0 | $344,118 | |
Jack Chapman Physician | 0 | $266,413 | |
John Dugal Physician | 0 | $250,049 | |
Jennifer Fitzpatrick Physician | 0 | $227,710 | |
Leslie Barnes President/ceo | OfficerTrustee | 1 | $0 |
Vince Vigil Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $49,522,778 |
| 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 | $49,522,778 |
| Total Program Service Revenue | $0 |
| 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 | $49,526,192 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $426,742 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,813 |
| Fees for services: Accounting | $4,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $66,000 |
| Advertising and promotion | $2,340 |
| Office expenses | $7,717 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,468 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $49,355,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,372 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $500 |
| Investments—other securities | $0 |
| Investments—program-related | $123,749 |
| Intangible assets | $0 |
| Other assets | $7,656 |
| Total assets | $227,277 |
| Accounts payable and accrued expenses | $530,780 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $530,780 |
| Net assets without donor restrictions | -$303,503 |
| 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 | $227,277 |
Grants Awarded
Over the last fiscal year, Parkview Health Systems Inc has awarded $172,400 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Pueblo, CO PURPOSE: NURSING PROGRAM | $90,000 |
Pueblo, CO PURPOSE: NURSING PROGRAM | $50,000 |
Pueblo, CO PURPOSE: DETOXIFICATION BED UTILIZATION | $32,400 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Parkview Health Systems Inc has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
Robert Hoag Rawlings Foundation Pueblo, CO PURPOSE: WELLNESS TRAIL &CONFERENCE ROOM | $60,000 |
Endowment Analysis
| Beg. Balance | $1,053,344 |
| Earnings | $62,019 |
| Net Contributions | $8,663 |
| Ending Balance | $1,124,026 |
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 |