CATHOLIC HEALTH INITIATIVES COLORADO Charity Report

Public IRS 990 nonprofit record

CATHOLIC HEALTH INITIATIVES COLORADO

EIN 84-0405257 · Health Care (E220)

What they do

WE MAKE THE HEALING PRESENCE of GOD KNOWN IN OUR WORLD BY IMPROVING THE HEALTH of THE PEOPLE WE SERVE, ESPECIALLY THOSE WHO ARE VULNERABLE, WHILE WE ADVANCE SOCIAL JUSTICE for ALL.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders23 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

85.41%of revenue went to mission work80.8% of expenses · Program services

$105.65spent for every $100 of revenueSpending was higher than revenue this year.

20.24%of revenue went to management and office costs19.2% of expenses

$1.57in assets for every $1 spent this yearSome assets cannot be spent right away.

0.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $194,616,934 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $1,583,139 for JOEL MACDONALD (PHYSICIAN). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,442,815,167

Mission workProgram services$2,940,641,71385.41% of revenue80.8% of expenses

ManagementOffice and general costs$696,790,38820.24% of revenue19.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$3,637,432,101105.65% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 80.8% mission · 19.2% management · 0.0% fundraisingTotal expenses: 105.65% of revenue

2023Expense mix: 81.4% mission · 18.6% management · 0.0% fundraisingTotal expenses: 97.77% of revenue

2022Expense mix: 90.1% mission · 9.9% management · 0.0% fundraisingTotal expenses: 93.14% of revenue

2021Expense mix: 90.4% mission · 9.6% management · 0.0% fundraisingTotal expenses: 88.90% of revenue

2020Expense mix: 90.4% mission · 9.6% management · 0.0% fundraisingTotal expenses: 88.14% of revenue

2019Expense mix: 90.3% mission · 9.7% management · 0.0% fundraisingTotal expenses: 88.83% of revenue

2018Expense mix: 90.6% mission · 9.4% management · 0.0% fundraisingTotal expenses: 90.72% of revenue

2017Expense mix: 89.5% mission · 10.5% management · 0.0% fundraisingTotal expenses: 93.29% of revenue

Money in and money out

Revenue$3,442,815,167

Expenses$3,637,432,101

Annual shortfall $194,616,934 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,940,641,713 · 80.8% of expenses

Management and office costs$696,790,388 · 19.2% of expenses

See all reported dollar amounts

Revenue$3,442,815,167

Expenses$3,637,432,101

Assets$5,693,831,654

Income$3,443,001,126

Contributions$15,020,684

Mission work (program services)$2,940,641,713

Grants given$31,308,871

Average grant$93,181

Management and general$696,790,388

Executive compensation (total)$7,951,022

Accounting fees$77,040

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JOEL MACDONALDPHYSICIAN · 50 hrs/week $1,583,139Base $1,497,650 · Other $85,489

MARCHYARN MAHATHANARUKPHYSICIAN · 50 hrs/week $1,555,834Base $1,513,788 · Other $42,046

ALLISON ROBERTSPHYSICIAN · 50 hrs/week $1,423,500Base $1,413,902 · Other $9,598

WILLIAM HOWARTHPHYSICIAN · 50 hrs/week $1,249,037Base $1,224,707 · Other $24,330

CAMILLE AZARPHYSICIAN GASTROENTEROLOGY · 50 hrs/week $1,246,993Base $1,180,029 · Other $66,964

SHERI SHAPIROBOARD MEMBER/CSH SEVP CHIEF STRATEGY OFFICER · 1 hrs/week $341,875Base · Other $341,875

THOMAS MCGINN MDBOARD MEMBER/CSH SEVP, CHIEF PHYSICIAN EXECUTIVE O · 1 hrs/week $338,934Base · Other $338,934

ANDREW GAASCHPRESIDENT MOUNTAIN REGION · 1 hrs/week $284,175Base · Other $284,175

SHAUNA GULLEYFORMER HCE $210,417Base · Other $210,417

MATT BROWNFORMER INTERIM PRESIDENT MTN REGION/INTERIM PRESID $176,408Base · Other $176,408

DANIEL MORISSETTECO-CHAIR/CSH SEVP, CHIEF FINANCIAL OFFICER · 1 hrs/week $125,735Base · Other $125,735

PETER BANKOFORMER CEO/PRESIDENT MOUNTAIN REGION $107,380Base · Other $107,380

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (23)

JOEL MACDONALDPHYSICIAN

MARCHYARN MAHATHANARUKPHYSICIAN

ALLISON ROBERTSPHYSICIAN

WILLIAM HOWARTHPHYSICIAN

CAMILLE AZARPHYSICIAN GASTROENTEROLOGY

SHERI SHAPIROBOARD MEMBER/CSH SEVP CHIEF STRATEGY OFFICER

THOMAS MCGINN MDBOARD MEMBER/CSH SEVP, CHIEF PHYSICIAN EXECUTIVE O

ANDREW GAASCHPRESIDENT MOUNTAIN REGION

SHAUNA GULLEYFORMER HCE

MATT BROWNFORMER INTERIM PRESIDENT MTN REGION/INTERIM PRESID

DANIEL MORISSETTECO-CHAIR/CSH SEVP, CHIEF FINANCIAL OFFICER

PETER BANKOFORMER CEO/PRESIDENT MOUNTAIN REGION

TADD RICHERTTREASURER/MTN. REGION CFO

THOMAS DONOHOESECRETARY/SVP LEGAL SERVICES & GENERAL COUNSEL (TH

KEVIN JENKINSFORMER KEY EMPLOYEE

MATTHEW LEARYFORMER KEY EMPLOYEE

DENNIS KRAUSFORMER HCE

MITCH MELFI ESQCHAIR/CSH SEVP, CHIEF LEGAL OFFICER

MIKE CAFASSOFORMER KEY EMPLOYEE

PATRICK SHARPFORMER KEY EMPLOYEE

KATHERINE BROOKSSECRETARY/SVP, MTN. REGION GENERAL COUNSEL

KEVIN WIKOFFFORMER KEY EMPLOYEE

CARRIE DAMONFORMER KEY EMPLOYEE

About this charity

Recognized since: January 1946
Location: 9100 E MINERAL CIR, CENTENNIAL, CO 80112-3401
County: Arapahoe
In care of: TADD RICHERT
Primary officer: TADD RICHERT, CFO

How to reach them

WebsiteVisit the charity’s website Phone(303) 290-6500

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: COMMONSPIRIT HEALTH
NTEE classification: Health Care (E220)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes