Nonprofit · EIN 94-2545356
BANNER HEALTH FOUNDATION
Tax-exempt · PHOENIX, AZ 85012
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $39,169,513 | $40,172,582 | -$1,003,069 | $186,856,486 | $23,456,517 | $163,399,969 |
| December 31, 2023 | 990 | $25,703,563 | $25,395,316 | $308,247 | $163,710,107 | $11,090,017 | $152,620,090 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $29,744,281
- Program service revenue
- $0
- Investment income
- $9,948,513
- Net gain from sales of assets
- $7,082,658
- Net income from fundraising events
- -$524,493
- Other revenue
- -$523,281
Expenses
- Grants and similar amounts paid
- $32,502,004
- Compensation of officers, directors and key employees
- $954,331
- Other salaries and wages
- $3,871,182
- Salaries, compensation and benefits (total)
- $5,711,408
- Professional fundraising fees
- $318,887
- Accounting fees
- $79,534
- Travel
- $29,569
- Program services (functional)
- $38,383,357
- Management and general (functional)
- $1,470,338
- Fundraising (functional)
- $318,887
Balance sheet and other
- Total assets, start of year
- $163,710,107
- Total assets, end of year
- $186,856,486
- Total liabilities, end of year
- $23,456,517
- Net assets, end of year
- $163,399,969
- Publicly traded securities
- $165,359,969
- Net assets without donor restrictions
- $82,927,339
- Net assets with donor restrictions
- $67,638,269
- Gross receipts
- $40,009,792
- Employees
- 34
- Volunteers
- 168
- Year formed
- 1978
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SHIVA BIRDI MD | DIRECTOR Trustee or director | 4 | $0 | $934,046 | $179,676 |
| ANDREA PETERSEN | DIRECTOR/PRESIDENT/CEO Trustee or director, Officer | 36 | $909,654 | $0 | $71,807 |
| RAHUL CHAWLA MD | DIRECTOR Trustee or director | 4 | $0 | $445,463 | $41,046 |
| CHRISTY ALTER | SR DIR/VP DEVELOPMENT Highest-paid employee | 40 | $347,484 | $0 | $36,196 |
| MEGAN BROWNELL | SR DIR/VP COMMUNITY & EXTERNAL RELATIONS Highest-paid employee | 40 | $323,762 | $0 | $41,528 |
| DEBORAH SHEPPARD | SR DIR/CHIEF DEVELOPMENT OFFICER Highest-paid employee | 40 | $250,364 | $0 | $32,203 |
| JENNIFER ROBERTSON | SR DIR/CHIEF DEVELOPMENT OFFICER Highest-paid employee | 40 | $233,455 | $0 | $19,702 |
| KRISTIN LESHINSKIE | Senior Director, Chief Development Officer Highest-paid employee | 40 | $227,629 | $0 | $12,045 |
| MI-AI PARRISH | DIRECTOR/VICE CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 | $0 |
| SUSAN ANABLE | DIRECTOR/SECRETARY Trustee or director, Officer | 4 | $0 | $0 | $0 |
| TONY ASTORGA | DIRECTOR/CHAIRMAN/TREASURER Trustee or director, Officer | 6 | $0 | $0 | $0 |
| ADAM GOODMAN | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| ALISON LEWIS | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| BRUCE WARD | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| CINDY TEETS | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
24 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CONNOR TRYHUS | DIRECTOR Trustee or director | 4 | $0 |
| DAVID VAN DENBURGH | DIRECTOR Trustee or director | 4 | $0 |
| GRETCHEN KINSELLA | DIRECTOR Trustee or director | 4 | $0 |
| JEFF STONE | DIRECTOR Trustee or director | 4 | $0 |
| JEREMY SHARPE | DIRECTOR Trustee or director | 4 | $0 |
| JOHN GRAHAM | DIRECTOR Trustee or director | 4 | $0 |
| JOHN STRITTMATTER | DIRECTOR Trustee or director | 4 | $0 |
| JORDAN ROSENBACH | DIRECTOR (AS OF 09/24) Trustee or director | 4 | $0 |
| JP MILLON | DIRECTOR Trustee or director | 4 | $0 |
| KEITH GALBUT | DIRECTOR Trustee or director | 4 | $0 |
| KEN VAN WINKLE | DIRECTOR Trustee or director | 4 | $0 |
| MARK LEDERMAN | DIRECTOR Trustee or director | 4 | $0 |
| MARK PETERSON | DIRECTOR Trustee or director | 4 | $0 |
| MICHAEL BLANTON | DIRECTOR Trustee or director | 4 | $0 |
| MORRIS STEIN | DIRECTOR Trustee or director | 4 | $0 |
| NANCY DAVIS | DIRECTOR Trustee or director | 4 | $0 |
| NICK MANSOUR | DIRECTOR Trustee or director | 4 | $0 |
| SCOTT DOUGLAS | DIRECTOR Trustee or director | 4 | $0 |
| SHARON HARPER | DIRECTOR Trustee or director | 4 | $0 |
| STEVE HILTON | DIRECTOR Trustee or director | 4 | $0 |
| STEVEN MOAK | DIRECTOR Trustee or director | 4 | $0 |
| STEVEN ORTEGA | DIRECTOR Trustee or director | 4 | $0 |
| THIRU THANGARAITHINAM | DIRECTOR (AS OF 03/24) Trustee or director | 4 | $0 |
| TODD HURST MD | DIRECTOR Trustee or director | 4 | $0 |
990 for the year ended December 31, 2023: 36 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SHIVA BIRDI MD | DIRECTOR Trustee or director | 4 | $0 | $764,594 | $184,728 |
| ANDREA PETERSEN | DIRECTOR/PRESIDENT/CEO Trustee or director, Officer | 36 | $843,650 | $0 | $65,391 |
| RAHUL CHAWLA MD | DIRECTOR Trustee or director | 4 | $0 | $406,685 | $36,401 |
| CHRISTY ALTER | SR DIR/VP DEVELOPMENT Highest-paid employee | 40 | $316,941 | $0 | $33,039 |
| MEGAN BROWNELL | SR DIR/VP COMMUNITY & EXTERNAL RELATIONS Highest-paid employee | 40 | $310,820 | $0 | $38,387 |
| DEBORAH SHEPPARD | SR DIR/CHIEF DEVELOPMENT OFFICER Highest-paid employee | 40 | $245,657 | $0 | $37,307 |
| JENNIFER ROBINSON | SR DIR/CHIEF DEVELOPMENT OFFICER Highest-paid employee | 40 | $219,982 | $0 | $16,304 |
| LOREN BOUCHARD | SR DIR/CHIEF DEVELOPMENT OFFICER Highest-paid employee | 40 | $212,621 | $0 | $19,789 |
| MI-AI PARRISH | DIRECTOR/VICE CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 | $0 |
| SUSAN ANABLE | DIRECTOR/SECRETARY Trustee or director, Officer | 4 | $0 | $0 | $0 |
| TONY ASTORGA | DIRECTOR/CHAIRMAN/TREASURER Trustee or director, Officer | 6 | $0 | $0 | $0 |
| ADAM GOODMAN | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| ALISON LEWIS | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| BRUCE WARD | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| CINDY TEETS | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| CONNOR TRYHUS | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| DAVID BERRY | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| DAVID ROUSSEAU | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| DAVID VAN DENBURGH | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| GRETCHEN KINSELLA | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| JEFF STONE | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| JOHN GRAHAM | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| JOHN STRITTMATTER | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| JP MILLON | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| KEITH GALBUT | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| KEN VAN WINKLE | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| LARRY LYTLE | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| MARK PETERSON | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| MORRIS STEIN | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| NANCY DAVIS | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| SCOTT DOUGLAS | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| SHARON HARPER | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| STEVE HILTON | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| STEVEN MOAK | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| STEVEN ORTEGA | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| TODD HURST MD | DIRECTOR Trustee or director | 4 | $0 | $0 | $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)
- ANDREA PETERSEN, 2901 N CENTRAL AVE 160, PHOENIX, AZ 85012
- Signed the 990
- ANDREA PETERSEN, PRESIDENT & CEO
- Phone
- (602) 747-4483
- Return prepared by
- ERNST & YOUNG US LLP
Mission
ESTABLISHED IN 2001, BANNER HEALTH FOUNDATION SECURES AND STEWARDS CHARITABLE CONTRIBUTIONS TO ADVANCE BANNER HEALTH'S MISSION, INVESTING IN FACILITIES AND PROGRAMS THAT SUPPORT ADVANCEMENTS IN CARE, RESEARCH, MEDICAL EDUCATION, PATIENT SERVICES, AND A VARIETY OF COMMUNITY BENEFITS.
Program accomplishments
- THE BANNER HEALTH FOUNDATION FOSTERS A SPIRIT OF GIVING BY MAKING HEALTHCARE SOLUTIONS A REALITY FOR OUR COMMUNITY. CONTRIBUTIONS MADE TO THE FOUNDATION ARE INVESTED LOCALLY IN BANNER HEALTH'S NOT-FOR-PROFIT FACILITIES AND PROGRAMS TO ADVANCE HEALTH AND WELLNESS. CARING FOR THE FUTURE OF ARIZONA SINCE 1978, BANNER HEALTH FOUNDATION IS SUPPORTED BY THE GENEROSITY OF INDIVIDUAL DONORS, THE PUBLIC AND PRIVATE SECTORS, AND HUNDREDS OF ACTIVE VOLUNTEERS.Expenses $38,383,357 · grants $32,502,004 · revenue $1,212
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 94-2545356
- 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
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E112)
- Assets (IRS master file)
- $186,856,486
- Income (IRS master file)
- $40,009,792
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $39,169,513 | $40,172,582 | $186,856,486 | XML |
| 990 | December 2023 | $25,703,563 | $25,395,316 | $163,710,107 | XML |
| 990 | December 2022 | $30,126,773 | $22,666,456 | $144,074,291 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 94-2545356).
Questions about BANNER HEALTH FOUNDATION
- What is the EIN of BANNER HEALTH FOUNDATION?
- The employer identification number (EIN) of BANNER HEALTH FOUNDATION is 94-2545356.
- Is BANNER HEALTH FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to BANNER HEALTH FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BANNER HEALTH FOUNDATION 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 FOUNDATION 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 FOUNDATION 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 FOUNDATION?
- The 990 for the year ended December 31, 2024 names ANDREA PETERSEN.
- Who are the officers and directors of BANNER HEALTH FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 39 people; 6 received compensation from the organization.
- How much revenue does BANNER HEALTH FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $39,169,513, expenses of $40,172,582 and total assets of $186,856,486 at year end.
Other nonprofits in PHOENIX
- BANNER HEALTH EIN 45-0233470 · last filed 990 for 2024
- DIGNITY COMMUNITY CARE EIN 81-5009488 · last filed 990 for 2025
- COMMONSPIRIT HEALTH EIN 47-0617373 · last filed 990 for 2025
- COMMONSPIRIT WASHINGTON EIN 91-0564491 · last filed 990 for 2025
- PHOENIX CHILDRENS HOSPITAL EIN 86-0422559 · last filed 990 for 2024
- DIGNITY HEALTH MEDICAL FOUNDATION EIN 68-0220314 · last filed 990 for 2025
- CHI ST LUKES HEALTH BAYLOR COLLEGE OF MEDICINE MEDICAL CENTER EIN 74-1161938 · last filed 990 for 2025
- SAINT JOSEPH HEALTH SYSTEM INC EIN 61-1334601 · last filed 990 for 2025