Civic Intelligence

Uch-Mhs

990 • Fiscal year 2014 • EIN 46-0796114

Jul 01, 2013 to Jun 30, 2014 • Filed on May 15, 2015

1400 E Boulder StreetColorado Spgs, CO 80909

(720) 848-8778

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

95th percentile

1.02x

Higher debt load relative to assets than 95% of similar nonprofits.

2014 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2014

Liabilities / Revenue

69th percentile

0.82x

Higher debt load relative to revenue than 69% of similar nonprofits.

2014 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2014

Net Margin

16th percentile

-1.5%

Higher net margin than 16% of similar nonprofits.

2014 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2014

Top Officer Pay

23rd percentile

$457,235

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2014 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2014

Asset Growth

11th percentile

-3.2%

Faster asset growth than 11% of similar nonprofits.

2014 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Revenue Growth

84th percentile

23%

Faster revenue growth than 84% of similar nonprofits.

2014 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Assets

Down

$475,332,247

Down $15,788,348 (-3.2%) from 2013

Net Assets

Down

-$9,992,086

Down $8,809,836 (-745%) from 2013

Liabilities

Down

$485,324,333

Down $6,978,512 (-1.4%) from 2013

Revenue

Up

$594,577,225

Up $111,607,641 (+23%) from 2013

Expenses

Up

$603,482,282

Up $119,331,448 (+25%) from 2013

Net Income

Down

-$8,905,057

Down $7,723,807 (-654%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600M$400M$200M$0-$200MAssets 2013: $491,120,595Liabilities 2013: $492,302,845Net Assets 2013: -$1,182,2502013Assets 2014: $475,332,247Liabilities 2014: $485,324,333Net Assets 2014: -$9,992,0862014

Highlighted filing

2014

Assets$475,332,247
Liabilities$485,324,333
Net Assets-$9,992,086

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800M$600M$400M$200M$0-$200MRevenue 2013: $482,969,584Expenses 2013: $484,150,834Net Income 2013: -$1,181,2502013Revenue 2014: $594,577,225Expenses 2014: $603,482,282Net Income 2014: -$8,905,0572014

Highlighted filing

2014

Revenue$594,577,225
Expenses$603,482,282
Net Income-$8,905,057
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 15, 2015
Return Version
2013v4.0
Gross Receipts
$597,633,573
Mission and Program Overview

Mission

We improve lives. In big ways through learning, healing and discovery. In small, personal ways through human connection. But in all ways, we improve lives.

WE IMPROVE LIVES.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$319,510,929$310,467,467▼ $9,043,462
Accounts Receivable$133,419,453$90,842,513▼ $42,576,940
Inventories for Sale or Use$14,389,563$13,204,012▼ $1,185,551
Prepaid Expenses and Deferred Charges$7,269,346$8,836,103▲ $1,566,757
Savings and Temporary Cash Investments$2,479,061$2,478,871▼ $190
Investments Program Related$1,235,651$1,469,562▲ $233,911
Cash and Non-Interest-Bearing Accounts$10,547,935$21,099▼ $10,526,836
Total Assets$491,120,595$475,332,247▼ $15,788,348
Other Assets Total$2,268,657$48,012,620▲ $45,743,963
Liabilities
Tax Exempt Bond Liabilities$274,414,261$265,575,000▼ $8,839,261
Mortgage Notes Payable Secured by Investment Property$105,978,654$105,978,654→ $0
Accounts Payable and Accrued Expenses$74,688,951$81,148,227▲ $6,459,276
Other Liabilities$37,220,979$32,622,452▼ $4,598,527
Total Liabilities$492,302,845$485,324,333▼ $6,978,512
Net Assets / Fund Balance
Unrestricted Net Assets$-1,182,250$-9,992,086▼ $8,809,836
Total Net Assets Fund Balance$-1,182,250$-9,992,086▼ $8,809,836
Total Liabilities and Net Assets / Fund Balance$491,120,595$475,332,247▼ $15,788,348

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$238,761,988$145,356,114$384,118,102
Equipment$61,081,482$153,678,127$214,759,609
Other Land Buildings$7,460,438$624,308$8,084,746
Leasehold Improvements$3,163,559$4,776,044$7,939,603
Other Assets Org$48,012,620--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patrick Faricy MdChief Medical OfficerFT$375,935$81,300$457,235
Michael ScialdoneCEO, Term End 1/14FT$348,480$103,979$452,459
Helen MarkleyPhysician Urgent CareFT$315,951$58,439$374,390
Michelle SmithChief Clinical OfficerFT$265,026$63,230$328,256
Oda RoozeboomVP QualityFT$208,786$58,806$267,592
Tracy NarvetCFO, Term End 1/14FT$202,962$64,580$267,542
Charles PeckPsychiatristFT$223,233$33,785$257,018
Ian TullbergPhysician Urgent CareFT$207,248$41,271$248,519
Susan DernPhysician Urgent CareFT$199,617$37,628$237,245
Timothy ColemanPhysician Urgent CareFT$191,573$40,868$232,441
William MohonCOO, Term End 1/14FT$35,271$9,478$44,749
Colette MartinCOO, Term Begin 11/13FT$22,096$3,459$25,555

Board Members and Trustees

NameTitle
Lily MarksChair
Richard L MontfortVice Chair
Bruce D BensonBoard of Directors
DENISE O'LEARYBoard of Directors
Elizabeth SliferBoard of Directors
Jerry RutledgeBoard of Directors
Ray BakerBoard of Directors
Richard D Krugman MdBoard of Directors
Robert C Mcintyre MdBoard of Directors
Steven a DawesBoard of Directors
George HayesCEO, Term Begin 1/14
Daniel RieberInterim CFO, Term Begin 1/14

Highest Paid Contractors

ContractorServicesLocationCompensation
Sodexho INC & AffiliatesDietary/cafeteria-$5,871,460
Crothall HealthcareHousekeeping-$5,869,812
ShiftwiseContract Labor-$2,786,939
Anesthesia Associates Of Colo SpgsMedical-$2,236,357
Republic Parking SystemValet-$1,707,551
Revenue and Support

Revenue Composition

Contributions and Grants
$861,642
Program Service Revenue
$595,414,863
Investment Income
$-1,881,358
Other Revenue
$182,078
All Other Contributions
$280,625
Change in Net Assets
$-8,905,057
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$354,102,407
Salaries, Compensation, and Employee Benefits$242,638,971
Grants and Similar Amounts Paid$6,740,904
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$166,579,936$25,670,394-$192,250,330
Fees for Services Other$52,002,975$12,777,288-$64,780,263
Other Employee Benefits$32,671,662$946,910-$33,618,572
Depreciation Depletion$13,149,851$15,619,471-$28,769,322
Pension Plan Contributions$14,741,481$452,792-$15,194,273
Interest$14,770,885--$14,770,885
All Other Expenses$4,916,761$7,728,705-$12,645,466
Occupancy$7,929,624$2,578,080-$10,507,704
Other Expenses$6,877,463$734,495-$7,611,958
Grants to Domestic Orgs$6,740,904--$6,740,904
Insurance$47,054$2,390,287-$2,437,341
Information Technology$149,065$2,273,401-$2,422,466
Office Expenses$2,050,915$355,823-$2,406,738
Advertising$88,972$1,532,448-$1,621,420
Current Officers, Directors, Trustees, and Key Employees-$1,575,796-$1,575,796
Travel$1,205,790$25,499-$1,231,289
Conferences and Meetings$212,648$5,595-$218,243
Fees for Services Legal-$112,659-$112,659
Fees for Services Accounting-$45,785-$45,785
Fees for Services Lobbying-$33,372-$33,372
Fees for Service Investment Mgmnt Fees-$939-$939
Total Functional Expenses$528,124,132$75,358,150$0$603,482,282
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
84-6000555-501(c)3To Support Medical School$5,486,181
84-1576338-501(c)3Philanthropic Resources to Assist Medical Health System$726,790
84-6000764-GovernmentDetox Center$423,649
20-3640104-501(c)3Lease Payments$93,562
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany Payables$21,102,429
Payable to City of Co Spring$7,206,900
Veba Trust Liability$3,342,989
Other Deferred Expenses$970,134

Bond Issues

BondIssuerIssuedIssue PricePurpose
A84-11797942012-10-01$272,090,000Fund acquisition cost of memorial hospital

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$272,090,000--$3,154,664

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has one member, which is the university of colorado hospital authority.

Form 990, Part VI, Section A, Line 7A

The member has the authority to appoint individuals to the board of directors.

Form 990, Part VI, Section A, Line 7B

The member must approve any amendments or modifications to the organization's articles of incorporation or by-laws.

Form 990, Part VI, Section B, Line 11

The form 990 is prepared by independent cpas. A preliminary draft is reviewed by the internal finance department. The final copy of the 990 is provided in an electronic format to all board of directors prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

The organization's conflict of interest policy requires completion of the form on an annual basis by the board memers, officers, and key employees of the organization.

Form 990, Part VI, Section B, Line 15

The system president and ceo determines the salary of the entity ceos compensation annually. This determination is accomplished through the use of the haygroup. These services annually collect like data on like jobs from like organizations. The data is submitted to the chief human resources officer who advices the system president and ceo on compensation decisions for senior executives.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policies, and financial statements are provided to the public on the business purpose for the request. These requests are addressed by the senior management team on a case by case basis.

Filing and Contact Details

Filer

EIN
46-0796114
Phone
7208488778

Signing Officer

Name
Dan Rieber
Title
CFO
Phone
7208488778
Signed
2015-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Hayes
Formed
2012
Legal Domicile
Co
Voting Board Members
10
Independent Board Members
10
Employees
4,416
Volunteers
674

Preparer

Preparer
Craig R Choun
Phone
3037409400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Transcription: program service expenses 791,926. Management and general expenses 0. Fundraising expenses 0. Total expenses 791,926. Consulting services: program service expenses -723. Management and general expenses 31,908. Fundraising expenses 0. Total expenses 31,185. Contractual services: program service expenses 23,550,054. Management and general expenses 11,674,036. Fundraising expenses 0. Total expenses 35,224,090. Professional fees: program service expenses 16,786,493. Management and general expenses 162,186. Fundraising expenses 0. Total expenses 16,948,679. Contract labor services: program service expenses 5,126,150. Management and general expenses 909,158. Fundraising expenses 0. Total expenses 6,035,308. Courier services: program service expenses 620,247. Management and general expenses 0. Fundraising expenses 0. Total expenses 620,247. Lab services: program service expenses 5,128,828. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,128,828.

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IRS990/Form990PartVIISectionAGrp/PersonNm4JERRY RUTLEDGE
IRS990/Form990PartVIISectionAGrp/PersonNm5BRUCE D BENSON
IRS990/Form990PartVIISectionAGrp/PersonNm6RICHARD D KRUGMAN MD
IRS990/Form990PartVIISectionAGrp/PersonNm7ROBERT C MCINTYRE MD
IRS990/Form990PartVIISectionAGrp/PersonNm8DENISE O'LEARY
IRS990/Form990PartVIISectionAGrp/PersonNm9RAY BAKER
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL SCIALDONE
IRS990/Form990PartVIISectionAGrp/PersonNm11PATRICK FARICY MD
IRS990/Form990PartVIISectionAGrp/PersonNm12TRACY NARVET
IRS990/Form990PartVIISectionAGrp/PersonNm13MICHELLE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm14WILLIAM MOHON
IRS990/Form990PartVIISectionAGrp/PersonNm15GEORGE HAYES
IRS990/Form990PartVIISectionAGrp/PersonNm16DANIEL RIEBER
IRS990/Form990PartVIISectionAGrp/PersonNm17COLETTE MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm18ODA ROOZEBOOM
IRS990/Form990PartVIISectionAGrp/PersonNm19HELEN MARKLEY
IRS990/Form990PartVIISectionAGrp/PersonNm20CHARLES PECK
IRS990/Form990PartVIISectionAGrp/PersonNm21IAN TULLBERG
IRS990/Form990PartVIISectionAGrp/PersonNm22SUSAN DERN
IRS990/Form990PartVIISectionAGrp/PersonNm23TIMOTHY COLEMAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt10CEO, TERM END 1/14
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHIEF MEDICAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt12CFO, TERM END 1/14
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF CLINICAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14COO, TERM END 1/14
IRS990/Form990PartVIISectionAGrp/TitleTxt15CEO, TERM BEGIN 1/14
IRS990/Form990PartVIISectionAGrp/TitleTxt16INTERIM CFO, TERM BEGIN 1/14
IRS990/Form990PartVIISectionAGrp/TitleTxt17COO, TERM BEGIN 11/13
IRS990/Form990PartVIISectionAGrp/TitleTxt18VP QUALITY
IRS990/Form990PartVIISectionAGrp/TitleTxt19PHYSICIAN URGENT CARE
IRS990/Form990PartVIISectionAGrp/TitleTxt20PSYCHIATRIST
IRS990/Form990PartVIISectionAGrp/TitleTxt21PHYSICIAN URGENT CARE
IRS990/Form990PartVIISectionAGrp/TitleTxt22PHYSICIAN URGENT CARE
IRS990/Form990PartVIISectionAGrp/TitleTxt23PHYSICIAN URGENT CARE
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IRS990/Form990TFiledInd01
IRS990/FormationYr02012
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IRS990/MissionDesc0WE IMPROVE LIVES. IN BIG WAYS THROUGH LEARNING, HEALING AND DISCOVERY. IN SMALL, PERSONAL WAYS THROUGH HUMAN CONNECTION. BUT IN ALL WAYS, WE IMPROVE LIVES.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/OtherExpensesGrp/Desc0MEDICAL SUPPLIES
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/Desc2PROVIDER FEE EXPENSE
IRS990/OtherExpensesGrp/Desc3REPAIRS & MAINT
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1734495

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