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Taos Health Systems

Also known as Holy Cross Medical Center

Taos, NM · EIN 85-0289839 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending May 31, 2025 (tax year 2024) · View the filing · Correct or respond

Taos Health Systems reported $112.4 million in revenue and $101.2 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $74.66 went to program services, $25.34 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 94.2% of the total. The highest compensation it reported for one person was $587,546 (PHYSICIAN). 81 people received more than $100,000 in reportable compensation. Revenue rose 62% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $101M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending May 31, 2025 · Form 990, Part VIII · total revenue $112M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
74.7%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
25.3%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
5.3%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
4.7%0.1%
Program service revenue share
Part VIII 2g ÷ 12
94.2%93.7%
Highest reported compensation
Part VII-A, columns D–F
$587,546$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.58%1.34%
People paid over $100,000
Part VII, line 2
8127
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.86.6
Independent voting board members
Part VI 1a–1b
12 of 1388.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$76M expenses · 100.0% of program spending · grants $952K · revenue $106M

Acute care hospital operations including 1,190 inpatient admissions 37,733 outpatient visits and 18,235 emergency department visits. Additionally, clinic visits totaling 24,709 from the following: taos surgical specialists - 4,696taos womens health institute - 4,493taos primary care - 3,724taos cardiology - 2,684taos pediatrics - 9,112

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$546,282$0$41,264$587,546
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$498,798$0$41,264$540,062
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$497,808$0$40,555$538,363
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$495,593$0$41,264$536,857
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$493,781$0$31,835$525,616
DIRECTOR & COS
Director/trustee, officer, 40.00 hrs/week
$436,736$0$5,000$441,736
CEO
Officer, 50.00 hrs/week
$355,466$0$32,047$387,513
CFO
Officer, 50.00 hrs/week
$277,314$0$38,988$316,302

81 people received more than $100,000 in reportable compensation from Taos Health Systems (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$112M$101M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$112M$101M74.7%$40M$587,546
FY2024 ⓘ$95M$94M76.0%$29M$529,429
FY2023 ⓘ$88M$88M75.4%$28M$558,280
FY2022 ⓘ$91M$85M77.7%$28M$530,717
FY2021 ⓘ$81M$77M76.8%$22M$517,488
FY2020 ⓘ$69M$70M75.3%$17M$514,513

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 12 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5560
  • Volunteers Part I, line 643

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
QUALIVIS LLC
Contract labor
$5,459,138
NETHERLANDS ANESTHESIA LLC
Anesthesia services
$2,167,410
CONCORD RADIOLOGY
Radiology services
$1,313,484
E4H ENVIRONMENTS FOR HEALTH LLC
Architect services
$766,875
CPSI
Patient financial services
$621,244

Individuals listed as contractors are left out. 37 contractors were paid more than $100,000 in all.

Private foundation grants it received

3 private foundations reported grants to Taos Health Systems totaling $31,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Taos Health Systems's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Taos Health Systems, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in New Mexico

Questions people ask

How much of Taos Health Systems's spending goes to programs?

In the fiscal year ending May 31, 2025, Taos Health Systems reported that 74.7% of its $101.2 million in expenses went to program services, 25.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Taos Health Systems pay its top executive?

The largest total compensation Taos Health Systems reported for one person in the fiscal year ending May 31, 2025 was $587,546, for the role of PHYSICIAN (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Taos Health Systems get its money?

Of $112.4 million in revenue in the fiscal year ending May 31, 2025, 5.3% came from contributions and grants (including 4.7% from government grants) and 94.2% from program service revenue (Form 990, Part VIII).

Is Taos Health Systems a registered charity?

The IRS lists EIN 85-0289839 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending May 31, 2025, object 202620999349300247 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202520919349301137 · read the filing
  • FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202421029349301017 · read the filing
  • FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202301029349301620 · read the filing
  • FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202221039349301707 · read the filing
  • FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202111049349301561 · read the filing

All filings for EIN 85-0289839: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.