nonprofit logo

Banner -University Medical Group

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

EIN: 942958258 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Banner -University Medical Group?

Banner-University Medical Group (BUMG) is a renowned medical group composed of approximately 1,000 physicians based in Phoenix, Arizona. They practice at Banner Health's hospitals and numerous clinics across Tucson, Southern Arizona, and Nevada. BUMG physicians are affiliated with the University of Arizona College of Medicine, educating over 500 medical students and training nearly as many postgraduate medical residents annually. Their research initiatives span various facilities and programs, including the University of Arizona's Cancer Center, Steele Children's Research Center, Arizona Arthritis Center, and Sarver Heart Center. BUMG collaborates with Banner Health to make healthcare more accessible and effective by offering integrated and coordinated care and population health management.


Official website here: www.bannerhealth.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Banner - University Medical Group received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas despite a satisfactory overall score of 73%. The organization demonstrates strong financial oversight with a well-structured audit and oversight committee and a comprehensive conflict of interest policy, reflecting its commitment to transparency and governance practices.

However, the organization faces significant challenges, particularly regarding its board's independence, as none of the eight board members are independent. Additionally, the organization's liabilities to assets ratio is concerning, which may raise questions about its financial stability. While it maintains a solid program expense ratio, the lack of independent board members could potentially impact strategic decision-making.

In summary, while Banner - University Medical Group shows strengths in certain governance practices, the absence of independent oversight and its financial ratios are notable weaknesses that warrant attention. Improving these areas could enhance the organization’s overall rating and effectiveness in fulfilling its mission.


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

Is Banner -University Medical Group legitimate?

Banner -University Medical Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Banner -University Medical Group 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: $1,892,205
Professional Fundraising Fees: $0
Other Salaries and Wages: $460,804,586

For more financial information, click here


Official website here: www.bannerhealth.com

What is the mission statement of Banner -University Medical Group?

Banner-University Medical Group (BUMG) strives to help people lead better lives by delivering integrated and coordinated healthcare and population health management. Comprising approximately 1,000 physicians, BUMG provides care at hospitals and clinics across various locations. By being affiliated with the University of Arizona College of Medicine, BUMG contributes to the education of over 500 medical students and trains nearly as many postgraduate medical residents each year. Additionally, BUMG physicians conduct research at esteemed research facilities like the University of Arizona Cancer Center and Steele Children's Research Center. Their commitment to improving health care extends beyond patient care, with a focus on continuous learning and innovation.


Official website here: www.bannerhealth.com

Who is the CEO of Banner -University Medical Group?

Unavailable The CEO's salary of Banner -University Medical Group is $700,831 and their total compensation is $806,058.


Official website here: www.bannerhealth.com

What is the revenue of Banner -University Medical Group?

Banner -University Medical Group's revenue in 2022 was $487,837,050.


Official website here: www.bannerhealth.com

Who are the executives of Banner -University Medical Group and what are their salaries?

The average compensation at Banner -University Medical Group during 2022 was $137,625. There are 3362 employees and 150 volunteers at Banner -University Medical Group.


Here are 18 key members and their salaries (Banner -University Medical Group's CEO's salary is $700,831 and their total compensation is $806,058):


Chad Whelan (Division President (Through 9/1/22))
  • Compensation: $815,540
  • Related: $0
  • Other: $69,422
Dennis Laraway (Director/Treasurer / Cfo - Banner Health)
  • Compensation: $0
  • Related: $2,565,572
  • Other: $505,840
George Damron (Vp Financial Operations & Division Cfo (Through 8/20/22))
  • Compensation: $0
  • Related: $823,527
  • Other: $51,960
Larry Goldberg (President/Co-Chairman (Through 3/4/2022))
  • Compensation: $0
  • Related: $967,853
  • Other: $8,628
Lisa Runley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Dake (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Venkata Evani Md (Co-Chairman / Ceo)
  • Compensation: $700,831
  • Related: $0
  • Other: $105,227
Donald Nordlund (Director / Chief Strategy/Growth Officer - Banner Health)
  • Compensation: $0
  • Related: $1,564,909
  • Other: $826,897
Guy Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie Bessel Md (Director / Cco - Banner Health)
  • Compensation: $0
  • Related: $1,675,989
  • Other: $800,391
Michael Abecassis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Lederman Md (Physician)
  • Compensation: $1,304,518
  • Related: $0
  • Other: $12,713
Michael Murray Md (Physician)
  • Compensation: $1,110,373
  • Related: $0
  • Other: $38,429
Rishi Gosalia Md (Physician)
  • Compensation: $1,113,707
  • Related: $0
  • Other: $42,867
Tamim Sultani Md (Physician)
  • Compensation: $1,328,709
  • Related: $0
  • Other: $19,001
Wilber Su Md (Physician)
  • Compensation: $1,296,006
  • Related: $0
  • Other: $40,173
Carol Karp (Former Director)
  • Compensation: $0
  • Related: $481,976
  • Other: $38,618
Scott Hofferber (Former Officer)
  • Compensation: $375,831
  • Related: $0
  • Other: $39,618


Official website here: www.bannerhealth.com

Where can I find the form 990 for Banner -University Medical Group?

Banner -University Medical Group's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bannerhealth.com

Learn more at the official website: www.bannerhealth.com

Mission Statement of Banner -University Medical Group

Banner-University Medical Group, comprised of approximately 1,000 physicians, is dedicated to making healthcare easier and improving lives by providing integrated and coordinated care and population health management. The mission of this esteemed medical group goes beyond just delivering medical services; it aims to simplify the healthcare experience for its patients.

With connections to the University of Arizona College of Medicine, Banner-University Medical Group's physicians play a significant role in educating over 500 medical students and training nearly as many postgraduate medical residents each year. This commitment to passing on knowledge and expertise is a testament to the group's dedication to advancing the field of medicine. Furthermore, the physicians conduct groundbreaking research at various facilities and programs, including the University of Arizona's Cancer Center, Steele Children's Research Center, Arizona Arthritis Center, and Sarver Heart Center. This research paves the way for new treatments and medical advancements, ultimately benefiting patients and the medical community as a whole.

In essence, Banner-University Medical Group is more than just a group of physicians; it is a team of dedicated professionals working together to make a difference in people's lives through exceptional healthcare, education, and research. Their unwavering commitment to providing integrated and coordinated care and population health management sets them apart in the medical field, ensuring that they continue to make a positive impact on the lives of their patients.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Banner -University Medical Group plays a pivotal role in enhancing the healthcare landscape in Tucson, Southern Arizona, and Nevada. By integrating and coordinating care, they work to ensure that patients receive comprehensive services that improve their health outcomes and overall quality of life. The group consists of approximately 1,000 physicians who provide care not just in hospitals, but across a wide network of clinics, ensuring accessibility for a diverse patient population.

In addition to patient care, Banner -University Medical Group is deeply committed to education and training, with a strong affiliation to the University of Arizona College of Medicine. Each year, they educate over 500 medical students and train nearly as many medical residents, fostering the next generation of healthcare professionals. This commitment to education ensures a well-trained workforce dedicated to high-quality patient care.

Their involvement in research at prominent facilities, such as the University of Arizona's Cancer Center and the Sarver Heart Center, further emphasizes their impact. By advancing medical knowledge and innovation, they contribute to finding new treatments and improving existing care protocols, ultimately benefiting the communities they serve.

Through these multifaceted efforts, Banner -University Medical Group significantly contributes to the mission of making healthcare easier and more effective, truly making life better for the people in their region.




This information is meant to be a general summary of Banner -University Medical Group. 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
$487,837,050 (2022)
Expenses
$636,011,874 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $42
  • Program Service Revenue: $486,960,736
  • Gross Receipts: $487,837,050

Assets and Liabilities:

  • Total Assets: $98,779,478
  • Total Liabilities: $77,071,307
  • Net Assets: $21,708,171

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

Healthcare Services

Revenue

$486,960,736

Organization Details

Founding Year

1983

Main Address

2901 N Central Ave Suite 160, Phoenix, AZ, 85012

NTEE Category

Code: E300 - Health

If you are a representative of Banner -University Medical Group and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.