Presbyterian Healthcare Services

Organization Overview

Presbyterian Healthcare Services is located in Albuquerque, NM. The organization was established in 1964. 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, Presbyterian Healthcare Services employed 14,891 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Presbyterian Healthcare Services 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 12/2020, Presbyterian Healthcare Services generated $2.2b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $2.1b during the year ending 12/2020. While expenses have increased by 5.9% per year over the past 6 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, Presbyterian Healthcare Services has awarded 129 individual grants totaling $9,597,603. 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 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

CENTRAL NEW MEXICO DELIVERY SYSTEM - SEE SCHEDULE O FOR DETAIL


REGIONAL DELIVERY SYSTEM - SEE SCHEDULE O FOR DETAIL


HEART AND VASCULAR PROGRAMS - SEE SCHEDULE O FOR DETAIL


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Tricore Laboratory Services Corp
Laboratory Services
$73,421,820
Prolink Healthcare Llc
Staffing Services
$16,113,089
Medefis Inc
Contingent Labor
$56,278,493
Jaynes Corporation
Construction Svcs
$66,164,031
T-systems North America Inc
Data Hosting Svcs
$19,454,202
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$123,737,409
Investment income $50,092,747
Tax Exempt Bond Proceeds $874,719
Royalties $0
Net Rental Income $640,459
Net Gain/Loss on Asset Sales $60,211,451
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,166,465,434

Grants Awarded

Over the last fiscal year, Presbyterian Healthcare Services has awarded $918,704 in support to 14 organizations.

Grant RecipientAmount

NEW MEXICO STATE UNIVERSITY

PURPOSE: GENERAL SUPPORT

$300,000

RIO ARRIBA CTY MILL LEVY-LA CLINICA DEL PUEBLO

PURPOSE: GENERAL SUPPORT

$150,454

RIO ARRIBA CTY MILL LEVY - EL CENTRO FAMILY HEALTH

PURPOSE: GENERAL SUPPORT

$150,454

RIO ARRIBA CTY MILL LEVY-HOLY RECOVERY PGRM

PURPOSE: GENERAL SUPPORT

$80,841

ALBUQUERQUE HEALTHCARE FOR THE HOMELESS

Org PageRecipient Profile

Albuquerque, NM

PURPOSE: GENERAL SUPPORT

$79,088

RIO ARRIBA CTY MILL LEVY-LA CLINICA DEL NORTE

PURPOSE: GENERAL SUPPORT

$67,367
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 33 grants that Presbyterian Healthcare Services has recieved totaling $3,167,093.

Awarding OrganizationAmount
Presbyterian Healthcare Foundation

Albuquerque, NM

PURPOSE: COVID RESPONSE

$509,183
Presbyterian Healthcare Foundation

Albuquerque, NM

PURPOSE: Provide Support, Fund Equipment, Education, and Other Healthcare Activities

$504,090
Presbyterian Healthcare Foundation

Albuquerque, NM

PURPOSE: PEDIATRIC HEART BYPASS EQUIPMENT

$330,786
Presbyterian Healthcare Foundation

Albuquerque, NM

PURPOSE: NURSING ENGAGEMENT

$235,409
Presbyterian Healthcare Foundation

Albuquerque, NM

PURPOSE: COMMUNITY HEALTH

$191,524
Presbyterian Healthcare Foundation

Albuquerque, NM

PURPOSE: PHYSICIANS ENGAGEMENT

$175,789
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Christus Health
Irving, TX
$1,012,200,002
Christus Spohn Health System Corporation
Corpus Christi, TX
$811,978,988
Texas Health Resources
Arlington, TX
$1,385,584,603
Texas Health Presbyterian Hospital Dallas
Dallas, TX
$734,427,903
Centura Health Corporation
Centennial, CO
$478,768,711
Integris Health Inc
Oklahoma City, OK
$350,408,586
Christus Health Ark-La-Tex
Texarkana, TX
$355,246,256
Banner-University Care Advantage
Phoenix, AZ
$318,721,179
Etx Successor System
Tyler, TX
$298,468,898
Cook Childrens Health Care System
Fort Worth, TX
$282,162,573
Scottsdale Healthcare Corp
Scottsdale, AZ
$191,671,427
The Colorado Health Foundation
Denver, CO
$151,395,784

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