Banner -University Medical Group
Banner -University Medical Group reported $614.5 million in revenue and $890.7 million in expenses for calendar year 2024. Of every $100 it spent, $87.88 went to program services, $12.12 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: 99.7% of the total. The highest compensation it reported for one person was $3,173,659 (Director / Chief Strategy/Growth Officer - Banner Health). 1,256 people received more than $100,000 in reportable compensation. Revenue rose 56% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $891MFor 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
Calendar year 2024 · Form 990, Part VIII · total revenue $615MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.9% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.1% | 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 | 0.3% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.7% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $3,173,659 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.36% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 1,256 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.3 | 6.6 |
| Independent voting board members Part VI 1a–1b | 3 of 7 | 88.9% |
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
2024 · Form 990, Part III · the three largest programs by expenseBANNER-UNIVERSITY MEDICAL GROUP (BUMG) IS COMPRISED OF APPROXIMATELY 2,533 PHYSICIANS. THE PHYSICIANS PRACTICE AT Banner Health's HOSPITALS AND AT NUMEROUS HOSPITALS AND CLINICS ACROSS TUCSON, SOUTHERN ARIZONA, AND NEVADA. WITH THE CONNECTIONS TO THE UNIVERSITY OF ARIZONA COLLEGE OF MEDICINE, BUMG PHYSICIANS EDUCATE MORE THAN 1,300 MEDICAL STUDENTS AND TRAIN NEARLY AS MANY POSTGRADUATE MEDICAL RESIDENTS ANNUALLY who will shape the future of health care in Arizona and beyond. BUMG CONDUCTs RESEARCH AT THE UNIVERSITY OF ARIZONA'S CANCER CENTER, STEELE CHILDREN'S RESEARCH CENTER, ARIZONA…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Director / Chief Strategy/Growth Officer - Banner Health Former, 8.0 hrs/week | $0 | $2,065,892 | $1,107,767 | $3,173,659 |
| Director / CCO - Banner Health Director/trustee, 2.0 hrs/week | $0 | $1,898,397 | $1,022,997 | $2,921,394 |
| TREASURER Director/trustee, officer, 2.0 hrs/week | $0 | $1,710,569 | $926,669 | $2,637,238 |
| Physician Highest compensated employee, 40.0 hrs/week | $1,856,371 | $0 | $48,351 | $1,904,722 |
| Physician Highest compensated employee, 40.0 hrs/week | $1,847,727 | $0 | $46,419 | $1,894,146 |
| SUPERVISOR, FACULTY PHYSICIAN PROGRAM DIRECTOR - SPORTS MEDICINE Highest compensated employee, 40.0 hrs/week | $1,856,456 | $0 | $35,859 | $1,892,315 |
| Physician Highest compensated employee, 40.0 hrs/week | $1,730,953 | $0 | $24,350 | $1,755,303 |
| Physician Highest compensated employee, 40.0 hrs/week | $1,653,050 | $0 | $45,548 | $1,698,598 |
1,256 people received more than $100,000 in reportable compensation from Banner -University Medical Group (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, linkedGovernance answers, as filed
2024 · 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–1b7 · 3 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 15aNo
- Board given the 990 before filing Part VI 11aNo
- 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 4No
- 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 53,687
- Volunteers Part I, line 6575
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| HOSPITALIST MEDICINE PHYSICIANS OF ARIZONA NOGALES INC Medical Services | $19,139,441 |
| HEALTHCARE WORKFORCE LOGISTICS HOLDINGS LLC Medical Staffing | $13,327,328 |
| SOUND PHYSICIANS OF WYOMING LLC Medical Services | $5,881,244 |
| CHG COMPANIES INC Medical Services | $1,890,655 |
| STAT RADIOLOGY MEDICAL CORPORATION Medical Services | $1,582,668 |
Individuals listed as contractors are left out. 47 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Banner -University Medical Group's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Banner -University Medical Group, you can publish a response that is linked from this page.
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Of every $100 Banner -University Medical Group spent in 2024, $87.88 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Highland Hospital of RochesterRochester, NY · revenue $615M · programs 84.6% · FY2025
- UNMC PhysiciansOmaha, NE · revenue $615M · programs 99.8% · FY2025
- Stanford Health CARE Tri-ValleyPleasanton, CA · revenue $614M · programs 91.4% · FY2025
- Iowa Physicians Clinic Medical FoundationWest Des Moines, IA · revenue $615M · programs 95.4% · 2024
- Christus Health Ark-La-TexTexarkana, TX · revenue $614M · programs 85.2% · FY2025
Questions people ask
How much of Banner -University Medical Group's spending goes to programs?
In calendar year 2024, Banner -University Medical Group reported that 87.9% of its $890.7 million in expenses went to program services, 12.1% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Banner -University Medical Group pay its top executive?
The largest total compensation Banner -University Medical Group reported for one person in calendar year 2024 was $3,173,659, for the role of Director / Chief Strategy/Growth Officer - Banner Health (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Banner -University Medical Group get its money?
Of $614.5 million in revenue in calendar year 2024, 0.3% came from contributions and grants and 99.7% from program service revenue (Form 990, Part VIII).
Is Banner -University Medical Group a registered charity?
The IRS lists EIN 94-2958258 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
- 2024: Form 990 for calendar year 2024, object 202533119349302248 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403119349304200 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313139349302771 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243199349314134 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113199349317646 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023109349302967 · read the filing
All filings for EIN 94-2958258: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.