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Nonprofit · EIN 90-0532830

BANNER MEDICAL GROUP

Tax-exempt · PHOENIX, AZ 85012

Financials

$560.7M$770.7M2023$609.4M$822.9M2024
Revenue Expenses · by fiscal year end
Financials of BANNER MEDICAL GROUP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$609,389,041$822,940,766-$213,551,725$174,303,495$119,155,852$55,147,643
December 31, 2023990$560,684,471$770,681,071-$209,996,600$154,301,996$111,315,431$42,986,565
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,015,031
Program service revenue
$604,020,294
Investment income
$332,155
Net rental income
$3,021,561
Net gain from sales of assets
$11,995
Other revenue
$3,021,561

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$2,270,746
Other salaries and wages
$561,924,411
Salaries, compensation and benefits (total)
$640,892,774
Professional fundraising fees
$0
Legal fees
$237,285
Occupancy
$29,090,172
Travel
$775,498
Depreciation
$5,530,290
Program services (functional)
$740,754,192
Management and general (functional)
$82,186,574

Balance sheet and other

Total assets, start of year
$154,301,996
Total assets, end of year
$174,303,495
Total liabilities, end of year
$119,155,852
Net assets, end of year
$55,147,643
Land, buildings and equipment
$51,140,376
Net assets without donor restrictions
$52,338,773
Net assets with donor restrictions
$2,808,870
Gross unrelated business income
-$15,734
Gross receipts
$619,346,460
Employees
3,955
Volunteers
0
Year formed
2009
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 / weekCompensationFrom related orgsOther / benefits
Michael Saint-Cyr MDPHYSICIAN
Highest-paid employee
40$1,526,281$0$34,056
RAJEEV KATHURIA MDPhysician
Highest-paid employee
40$1,523,754$0$34,836
MARTIN BENOIT MDPHYSICIAN
Highest-paid employee
40$1,354,582$0$43,125
JOHN TOTH MDPhysician
Highest-paid employee
40$1,333,033$0$41,184
GORDON COHEN MDPhysician
Highest-paid employee
40$1,218,034$0$26,991
SHIVA BIRDI MDCEO/President/Chair
Trustee or director, Officer
20$934,046$0$179,675
CAROL KARPTREASURER/Division CFO
Trustee or director, Officer
20$529,587$0$45,500
Monica BejaranoCOO/Secretary
Trustee or director, Officer
20$349,467$0$29,328
DAVID BIXBYFormer Secretary (Termed 6/30/2022)
Former
0$0$258,418$76,239
GARRICK RICHARDS MDDirector/Secretary / COO - Medical Group (Thru Feb 2024)
Trustee or director, Officer
20$199,852$0$3,290
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RAJEEV KATHURIA MDPhysician
Highest-paid employee
40$1,558,800$0$36,865
SUNDEEP PATELPHYSICIAN
Highest-paid employee
40$1,561,312$0$30,056
MARTIN BENOIT MDPHYSICIAN
Highest-paid employee
40$1,375,021$0$40,452
JOHN TOTH MDPhysician
Highest-paid employee
40$1,277,730$0$38,478
GORDON COHEN MDPhysician
Highest-paid employee
40$1,267,967$0$24,944
SHIVA BIRDI MDDirector/CEO - BMG
Trustee or director, Officer
20$764,594$0$184,727
DAVID BIXBYFormer Secretary
Former
0$0$526,807$141,723
CAROL KARPDIRECTOR/TREASURER/Division CFO
Trustee or director, Officer
20$501,602$0$38,565
GARRICK RICHARDS MDDirector/Secretary / COO - Medical Group
Trustee or director, Officer
20$376,226$0$40,616
ELIZABETH AVANTFORMER ASSISTANT SECRETARY
Former
0$0$153,045$12,837
DENNIS BIERLEFormer COO - Medical Group
Former
0$109,490$0$2,615

Address and contacts

Address (IRS master file)
2901 N CENTRAL AVE STE 160, PHOENIX, AZ 85012-2702
In care of
% DAVID BIXBY
Mailing address (990-N for 2010)
1441 N 12TH STREET, PHOENIX AZ 850062837
Principal officer (990 for 2024)
SHIVA BIRDI MD, 2901 N Central Ave Suite 160, Phoenix, AZ 85012
Principal officer (990-N for 2010)
DAVID BIXBY, 1441 N 12TH STREET, PHOENIX AZ 850062837
Signed the 990
SHIVA BIRDI MD, DIRECTOR/CEO
Phone
(602) 747-4000
Return prepared by
CROWE LLP

Mission

TO ASSIST BANNER HEALTH COMPLETE ITS MISSION, BANNER MEDICAL GROUP (BMG) WAS CREATED TO MAKE HEALTH CARE EASIER, SO LIFE CAN BE BETTER BY PROVIDING INTEGRATED & COORDINATED CARE & POPULATION HEALTH MANAGEMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • BMG is committed to PROVIDING INTEGRATED AND COORDINATED CARE AND POPULATION HEALTH MANAGEMENT. See Schedule O for additional details.
    Expenses $740,754,192 · revenue $604,020,294

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
90-0532830
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E31)
Assets (IRS master file)
$174,303,495
Income (IRS master file)
$619,346,460

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$609,389,041$822,940,766$174,303,495XML
990-TDecember 2024–––IRS
990December 2023$560,684,471$770,681,071$154,301,996XML
990-TDecember 2023–––IRS
990December 2022$501,671,533$671,337,671$126,906,730IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990-N for 2010
Officer: DAVID BIXBY
December 31, 2010≤ $50,000 receipts––e-Postcard

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 90-0532830).

Questions about BANNER MEDICAL GROUP

What is the EIN of BANNER MEDICAL GROUP?
The employer identification number (EIN) of BANNER MEDICAL GROUP is 90-0532830.
Is BANNER MEDICAL GROUP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to BANNER MEDICAL GROUP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BANNER MEDICAL GROUP 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 MEDICAL GROUP 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 MEDICAL GROUP 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 MEDICAL GROUP?
The 990 for the year ended December 31, 2024 names SHIVA BIRDI MD.
Who are the officers and directors of BANNER MEDICAL GROUP?
The 990 for the year ended December 31, 2024 lists 10 people; 9 received compensation from the organization, the highest $1,526,281 (Michael Saint-Cyr MD, PHYSICIAN).
How much revenue does BANNER MEDICAL GROUP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $609,389,041, expenses of $822,940,766 and total assets of $174,303,495 at year end.

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