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Nonprofit · EIN 45-0233470

BANNER HEALTH

Tax-exempt · PHOENIX, AZ 85012

Financials

$9.5B$8.7B2023$10.8B$9.3B2024
Revenue Expenses · by fiscal year end
Financials of BANNER HEALTH by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$10,839,690,022$9,313,327,921$1,526,362,101$17,653,604,464$7,712,504,965$9,941,099,499
December 31, 2023990$9,479,573,911$8,672,348,619$807,225,292$15,047,925,041$7,220,377,043$7,827,547,998
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$370,304,183
of which government grants
$337,455,777
Program service revenue
$9,926,323,514
Investment income
$536,159,952
Net rental income
$6,902,373
Net gain from sales of assets
$336,093,226
Other revenue
$6,902,373

Expenses

Grants and similar amounts paid
$69,511,221
Compensation of officers, directors and key employees
$50,267,323
Other salaries and wages
$3,645,490,891
Salaries, compensation and benefits (total)
$4,424,760,109
Professional fundraising fees
$0
Legal fees
$7,975,850
Accounting fees
$2,860,879
Occupancy
$123,133,160
Travel
$3,523,350
Depreciation
$401,630,890
Program services (functional)
$8,423,708,253
Management and general (functional)
$889,619,668

Balance sheet and other

Total assets, start of year
$15,047,925,041
Total assets, end of year
$17,653,604,464
Total liabilities, end of year
$7,712,504,965
Net assets, end of year
$9,941,099,499
Land, buildings and equipment
$4,338,509,125
Publicly traded securities
$7,651,165,584
Net assets without donor restrictions
$9,747,988,291
Net assets with donor restrictions
$193,111,208
Gross unrelated business income
$49,645,107
Gross receipts
$11,094,421,751
Employees
59,708
Volunteers
4,509
Year formed
1938
State of legal domicile
AZ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
PETER S FINECHIEF EXECUTIVE OFFICER
Trustee or director, Officer
40$8,571,171$4,964,141
AMY PERRYPRESIDENT
Officer
40$4,580,826$4,471,822
DONALD NORDLUNDEVP, CHIEF STRATEGY & GROWTH OFFICER
Officer
40$2,065,892$1,107,767
TODD S WERNERSVP, ACUTE CARE DELIVERY
Key employee
40$2,117,412$889,327
JEAN FITTERER LANCEEVP, CHIEF LEGAL OFFICER & GENERAL COUNSEL
Officer
40$1,956,173$969,950
MARJORIE BESSEL MDEVP, CHIEF CLINICAL OFFICER
Officer
40$1,898,398$1,022,997
STACI DICKERSONEVP, CHIEF FINANCIAL OFFICER
Officer
40$1,710,569$926,669
JULIE A ALVARADO-DUBEKEVP, CHIEF HUMAN RESOURCES OFFICER
Officer
40$1,510,216$893,630
MICHAEL REAGINExecutive VP, Chief Technology Officer
Highest-paid employee
40$1,199,818$417,981
MARGO KARSTENDivision President
Key employee
40$1,138,266$386,975
DEANNA WISESVP, CHIEF INFORMATION OFFICER (THRU 03/24)
Highest-paid employee
40$1,441,197$9,853
DANIEL POSTChief Executive Officer - Large Facility
Key employee
40$1,208,515$214,480
LAURA ROBERTSONChief Executive Officer - Large Facility
Key employee
40$1,068,224$211,499
DEBRA FLORESChief Executive Officer - Large Facility
Key employee
40$1,029,410$154,128
JOSH GROESBECKSENIOR VP - ACUTE CARE COMM. DELIVERY
Officer
40$853,804$325,373
22 more people on this return
NameTitleHours / weekCompensationOther / benefits
MATTHEW CALLISTERSenior Physician Executive Oncology & BMDACC
Highest-paid employee
40$1,045,662$99,223
RAMANJIT DHALIWALVP, CMO Delivery
Highest-paid employee
40$957,865$174,834
CHARLES BOWENSVP, Chief Supply Chain Officer (THRU 01/24)
Highest-paid employee
40$1,011,735$75,031
BRENDA SCHAEFERVP, CHIEF INVESTMENT OFFICER
Officer
40$773,577$135,709
LAMONT YODERDIVISION PRESIDENT
Key employee
40$771,274$15,750
SARAH FROSTChief Executive Officer - Large Facility (THRU 04/24)
Key employee
40$618,872$7,423
MARY SCHUBERTExecutive Director, Legal Services & Assistant Secretary
Officer
40$391,753$23,831
DAVID BIXBYFORMER OFFICER
Former
0$258,418$76,239
REBECCA KUHNFORMER OFFICER
Former
0$280,640$0
ANNE MARIUCCIDIRECTOR/VICE-CHAIR
Trustee or director, Officer
6$161,000$0
VICKI KEISERDIRECTOR
Trustee or director
4$108,000$0
QUENTIN P SMITH JRDIRECTOR/CHAIRMAN
Trustee or director, Officer
6$106,500$0
CHRISTOPHER VOLKDIRECTOR
Trustee or director
4$102,500$0
GILBERT DAVILADIRECTOR
Trustee or director
4$102,500$0
JOHN KOSTER MDDIRECTOR
Trustee or director
4$98,500$0
MARK WALLACEDIRECTOR
Trustee or director
4$98,500$0
SUJATA GOSALIADIRECTOR
Trustee or director
4$98,500$0
DEAN HARRISONDIRECTOR
Trustee or director
4$90,500$0
MICHAEL GARNREITERDIRECTOR
Trustee or director
4$90,500$0
RICK MYERSDIRECTOR
Trustee or director
4$90,500$0
SARA WARDDIRECTOR
Trustee or director
4$90,500$0
DAVID KIKUMOTODIRECTOR (THRU 08/24)
Trustee or director
4$43,500$0
990 for the year ended December 31, 2023: 39 people
NameTitleHours / weekCompensationOther / benefits
PETER S FINECHIEF EXECUTIVE OFFICER
Trustee or director, Officer
40$8,178,948$5,852,428
AMY PERRYPRESIDENT
Officer
40$3,808,610$1,828,722
MARJORIE BESSEL MDEVP, CHIEF CLINICAL OFFICER
Officer
40$2,010,592$812,343
DONALD NORDLUNDEVP, CHIEF STRATEGY & GROWTH OFFICER
Officer
40$1,817,866$873,358
TODD S WERNERSVP, ACUTE CARE DELIVERY
Key employee
40$1,919,390$664,173
DENNIS LARAWAYEVP, CHIEF FINANCIAL OFFICER (THRU 03/2023)
Officer
40$1,944,940$11,219
JEAN FITTERER LANCEEVP, CHIEF LEGAL OFFICER & GENERAL COUNSEL
Officer
40$1,087,861$604,280
JULIE A ALVARADO-DUBEKEVP, CHIEF HUMAN RESOURCES OFFICER
Officer
40$1,078,262$562,040
STACI DICKERSONEVP, CHIEF FINANCIAL OFFICER
Officer
40$1,012,763$468,800
DEANNA WISESVP, CHIEF INFORMATION OFFICER
Highest-paid employee
40$1,280,598$181,078
ALEXANDRA MOREHOUSE MCREYNOLDSCHIEF MARKETING OFFICER
Highest-paid employee
40$1,360,411$68,287
MARGO KARSTENDivision President
Key employee
40$1,075,459$314,142
LAMONT YODERDIVISION PRESIDENT
Key employee
40$1,059,194$322,536
LAURA ROBERTSONChief Executive Officer - Large Facility
Key employee
40$989,626$246,679
CHARLES BOWENSVP, Chief Supply Chain Officer
Highest-paid employee
40$944,913$274,741
WILLIAM HOLLANDSVP, Care Management & CMIO
Highest-paid employee
40$916,499$273,652
DANIEL POSTChief Executive Officer - Large Facility
Key employee
40$947,091$242,355
SARAH FROSTChief Executive Officer - Large Facility
Key employee
40$885,914$192,479
DEBRA FLORESChief Executive Officer - Large Facility
Key employee
40$867,765$192,162
ERIC REIMANCEO & CSO, BANNER RESEARCH
Highest-paid employee
40$929,252$15,983
REBECCA KUHNFORMER OFFICER
Former
0$720,668$115,140
BRENDA SCHAEFERVP, CHIEF INVESTMENT OFFICER
Officer
40$678,427$155,292
DAVID BIXBYFORMER OFFICER
Former
0$526,807$141,723
ELIZABETH AVANTDIRECTOR LEGAL OPS & ASSISTANT SECRETARY
Officer
40$153,045$12,837
QUENTIN P SMITH JRDIRECTOR/CHAIRMAN
Trustee or director, Officer
6$111,500$0
ANNE MARIUCCIDIRECTOR/VICE-CHAIR
Trustee or director, Officer
6$107,500$0
VICKI KEISERDIRECTOR
Trustee or director
4$102,000$0
CHRISTOPHER VOLKDIRECTOR
Trustee or director
4$99,000$0
GILBERT DAVILADIRECTOR
Trustee or director
4$99,000$0
JOHN KOSTER MDDIRECTOR
Trustee or director
4$95,000$0
DAVID KIKUMOTODIRECTOR
Trustee or director
4$91,000$0
MARK WALLACEDIRECTOR
Trustee or director
4$91,000$0
MICHAEL GARNREITERDIRECTOR
Trustee or director
4$91,000$0
SUJATA GOSALIADIRECTOR
Trustee or director
4$91,000$0
STEVE LYNNDIRECTOR (THRU 06/2023)
Trustee or director
4$47,500$0
DEAN HARRISONDIRECTOR
Trustee or director
4$43,500$0
MARC SCHMITTLEINDIRECTOR (THRU 06/2023)
Trustee or director
4$43,500$0
RICK MYERSDIRECTOR
Trustee or director
4$43,500$0
SARA DIALDIRECTOR
Trustee or director
4$43,500$0

Address and contacts

Address (IRS master file)
2901 N CENTRAL AVE STE 160, PHOENIX, AZ 85012-2702
In care of
% PAUL NOLDE-MORRISSEY
Principal officer (990 for 2024)
Amy Perry, 2901 N CENTRAL AVE SUITE 160, PHOENIX, AZ 85012
Signed the 990
Amy Perry, President & CEO
Phone
(602) 747-4000
Return prepared by
ERNST & YOUNG US LLP

Mission

BANNER HEALTH'S NONPROFIT MISSION IS "MAKING HEALTH CARE EASIER, SO LIFE CAN BE BETTER".

990 for the year ended December 31, 2024

Program accomplishments

  • SEE SCHEDULE O
    Expenses $8,468,064,528 · grants $69,506,221 · revenue $9,934,273,457

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-0233470
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1977
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E210)
Assets (IRS master file)
$17,653,604,464
Income (IRS master file)
$11,094,421,751

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$10,839,690,022$9,313,327,921$17,653,604,464IRS
990-TDecember 2024–––IRS
990December 2023$9,479,573,911$8,672,348,619$15,047,925,041XML
990-TDecember 2023–––IRS
990December 2022$8,495,325,836$8,128,108,942$13,723,050,138IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-0233470).

Questions about BANNER HEALTH

What is the EIN of BANNER HEALTH?
The employer identification number (EIN) of BANNER HEALTH is 45-0233470.
Is BANNER HEALTH tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
Are donations to BANNER HEALTH tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BANNER HEALTH file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BANNER HEALTH due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BANNER HEALTH last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BANNER HEALTH?
The 990 for the year ended December 31, 2024 names Amy Perry.
Who are the officers and directors of BANNER HEALTH?
The 990 for the year ended December 31, 2024 lists 37 people; 37 received compensation from the organization, the highest $8,571,171 (PETER S FINE, CHIEF EXECUTIVE OFFICER).
How much revenue does BANNER HEALTH have?
On its 990 for the year ended December 31, 2024 it reported revenue of $10,839,690,022, expenses of $9,313,327,921 and total assets of $17,653,604,464 at year end.

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