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Centura Health Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 841335382 ✦ Centennial, CO ✦ Designated as a 501(c)(3)

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Overview

What is Centura Health Corporation?

Centura Health Corporation, a faith-based nonprofit organization based in Centennial, Colorado, is dedicated to providing whole person care to every community through its management services to 17 hospitals, physician practices, clinics, and various health care facilities. Sponsored by AdventHealth and CommonSpirit Health, two prominent religious, nonprofit health systems, Centura Health Corporation aims to improve health care delivery by establishing an integrated system across Colorado and western Kansas. Its facilities offer a range of services including Ask-a-Nurse Call Center, community classes, education, and programs targeting the uninsured and underinsured individuals. Centura Health Corporation's mission is to extend the healing ministry of Christ by caring for those who are ill and nurturing the health of the people in its communities. With a workforce of approximately 4,590 employees, the organization strives to better serve communities by creating a common information technology platform, coordinating community benefit activities, and investing in various charitable initiatives.


Official website here: www.centura.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 76% - Three-Star out of Four Stars .ating.

Centura Health Corporation has received a Three-Star rating from Charity Navigator, indicating a generally positive evaluation of its accountability and financial health. With a score of 76%, the organization demonstrates a strong commitment to transparency, as evidenced by its independent board structure, which consists of 88% independent members, and the presence of essential policies such as conflict of interest and whistleblower protections.

The nonprofit's financial management appears solid, with a program expense ratio of 80.98%, suggesting that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, the organization has no material diversion of assets, which reinforces its reliability. However, the liabilities to assets ratio of 56.32% indicates that the organization carries a significant amount of debt relative to its assets, which could be a point of concern for potential donors.

Overall, Centura Health Corporation exhibits strong governance and programmatic efficiency, but stakeholders may want to consider the organization's financial leverage as part of their decision-making process.


This AI summary has been generated from information found on Charity Navigator.

Is Centura Health Corporation legitimate?

Centura Health Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centura Health Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $14,702,402
Professional Fundraising Fees: $0
Other Salaries and Wages: $201,770,891

For more financial information, click here


Official website here: www.centura.org

What is the mission statement of Centura Health Corporation?

Centura Health Corporation, a faith-based organization, is dedicated to investing in charity care, community programs, and sponsorships that nurture the health of the people it serves. Through a partnership between CommonSpirit Health and Adventist Health System, Centura provides management services to numerous hospitals, physician practices, clinics, and various health services. Their mission is to extend the healing ministry of Christ by caring for the ill and nurturing the health of the communities they serve.

Centura Health has created an integrated health delivery system, allowing for greater efficiencies and information sharing among their facilities. They offer a multitude of community initiatives, including a free Ask-a-Nurse call center, programs to increase access to services for the uninsured and underinsured, and a pastoral nurse program to help address the needs of the homeless. Centura Health is committed to providing high-quality health care and community outreach services, with cost savings from their coordinated model enabling them to dedicate additional resources to the most vulnerable members of society.


Official website here: www.centura.org

Who is the CEO of Centura Health Corporation?

Peter Banko is the Principal Officer of Centura Health Corporation. The CEO's salary of Centura Health Corporation is $1,065,278 and their total compensation is $1,191,186.


Official website here: www.centura.org

What is the revenue of Centura Health Corporation?

Centura Health Corporation's revenue in 2022 was $513,095,638.


Official website here: www.centura.org

Who are the executives of Centura Health Corporation and what are their salaries?

The average compensation at Centura Health Corporation during 2022 was $47,162. There are 4590 employees and 9 volunteers at Centura Health Corporation.


Here are 25 key members and their salaries (Centura Health Corporation's CEO's salary is $1,065,278 and their total compensation is $1,191,186):


Shih Elizabeth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rathbun Paul (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randolf Karsten (Board Member (Beg 8/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
O'Rourke Md Terry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bacon Kenneth (Board Member)
  • Compensation: $970,353
  • Related: $0
  • Other: $9,885
Melfi Mitch (Board Member/Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Soler Eddie (Board Member (End 8/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Houmann Lars D (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francis Charlie (Board Member (Beg 7/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Banks David (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Banko Peter (Board Member/Pres/Ceo)
  • Compensation: $2,870,039
  • Related: $0
  • Other: $720,356
Morissette Daniel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilcox Tammy (Board Member (End 7/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Gaasch Andrew (Treas/Cfo/Evp)
  • Compensation: $1,002,342
  • Related: $0
  • Other: $128,005
Simpson Brenda (Cno/Svp)
  • Compensation: $743,966
  • Related: $0
  • Other: $66,553
Sim Edward (Exec Vp/Coo)
  • Compensation: $1,636,383
  • Related: $0
  • Other: $330,493
Damon Carrie (Cio/Svp)
  • Compensation: $970,910
  • Related: $0
  • Other: $132,067
Enderson Dan (Group Pres, Denver Metro)
  • Compensation: $1,583,241
  • Related: $0
  • Other: $242,442
Gessel Thomas (Group Pres, Greater Co & Ks)
  • Compensation: $1,704,627
  • Related: $0
  • Other: $284,228
Ordelheide Kris (Svp Legal Svcs)
  • Compensation: $1,123,126
  • Related: $0
  • Other: $183,385
Lichtenberger Md Scott (Sr Vp Chief Transformation Officer)
  • Compensation: $1,471,720
  • Related: $0
  • Other: $212,210
Erling Md Brian (Ceo, Penrose-St. Francis)
  • Compensation: $1,047,083
  • Related: $0
  • Other: $188,715
Goebel Michael (Ceo, Parker)
  • Compensation: $1,065,278
  • Related: $0
  • Other: $125,908
Gully Md Shauna (Group President Physician Ente)
  • Compensation: $1,399,847
  • Related: $0
  • Other: $215,452
Sanpei Dean (Evp Strategy & Business Development)
  • Compensation: $1,269,529
  • Related: $0
  • Other: $118,146


Official website here: www.centura.org

Where can I find the form 990 for Centura Health Corporation?

Centura Health Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.centura.org

Learn more at the official website: www.centura.org

Mission Statement of Centura Health Corporation

Centura Health Corporation, a faith-based organization, is dedicated to extending the healing ministry of Christ by caring for the sick and nurturing the health of communities it serves. With a vision to provide whole person care to every community, Centura Health Corporation manages 17 acute hospital campuses, numerous physician practices and clinics, home care, residential, assisted living, long-term, and hospice services. Sponsored by AdventHealth and CommonSpirit Health, both religious, nonprofit health systems, the organization creates an ecosystem of connected people, services, and care sites.

Centura Health Corporation's commitment to the community goes beyond healthcare services. The organization provides access to the uninsured and underinsured through initiatives like health SETs in Colorado Springs and Denver, and a free Ask-a-Nurse Call Center for all Coloradoans. Through these programs and others, Centura Health Corporation addresses various community needs, from symptom check-ups to class scheduling, and aims to improve overall healthcare delivery. The organization's pastoral nurse program also helps meet the needs of the homeless population.

Centura Health Corporation's facilities and entities are dedicated to extending their mission to serve all individuals. They provide education programs, preventive care, safety initiatives, health advocacy, counseling, and support groups, all aimed at improving community health and wellbeing. The cost savings gained from this coordinated community benefit model enables Centura facilities and entities to dedicate additional resources to providing high-quality healthcare and community outreach services to the most vulnerable members of society.

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Impact




October, 2024

Centura Health Corporation has a profound impact on the communities it serves by providing comprehensive health care and community support initiatives designed to enhance overall well-being. With a focus on whole person care, CHC operates a network of 17 acute hospital campuses and numerous clinics across Colorado and western Kansas, ensuring that essential health services are accessible to both urban and rural populations.

Through innovative programs aimed at improving health access, Centura addresses the needs of the uninsured and underinsured individuals, offering services such as the Ask-a-Nurse Call Center, which connects community members to experienced nurses who provide valuable guidance and care. Additionally, CHC's health SETs in Colorado Springs and Denver work diligently to expand service availability and outreach for those most in need.

The organization's commitment to fostering healthier communities extends beyond medical care; it includes educational programs, preventive care initiatives, and support services that empower individuals to take charge of their health. For instance, CHC engages the community through counseling and support groups, aiming to nurture mental and emotional well-being alongside physical health.

Moreover, Centura Health Corporation's coordinated community benefit model allows for effective sharing of resources and healthcare information across its facilities. This not only improves efficiency but also ensures that quality care can be extended to the most vulnerable members of society, reinforcing CHC's mission to serve all individuals with compassion and understanding. Overall, Centura Health plays a critical role in promoting health equity and enhancing the quality of life for people across its service areas.




This information is meant to be a general summary of Centura Health Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$513,095,638 (2022)
Expenses
$504,981,492 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,480,140
  • Program Service Revenue: $505,301,473
  • Gross Receipts: $515,055,122

Assets and Liabilities:

  • Total Assets: $661,832,846
  • Total Liabilities: $353,177,799
  • Net Assets: $308,655,047

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Management Fees

Revenue

$440,441,125

Laboratory Services

Revenue

$39,072,769

Net Patient Revenue

Revenue

$17,807,767

CIN Revenue

Revenue

$6,987,453

Organization Details

Founding Year

1996

Principal Officer

Peter Banko

Main Address

9100 E Mineral Circle, Centennial, CO, 80112

NTEE Category

Code: E210 - Health

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