Civic Intelligence

Parkview Health System Inc

EIN 84-0935138 • 501(c)3 • Pueblo, CO

Profile

To operate exclusively for the benefit of parkview medical center,inc. And to support other non-profit health care providers organizedfor charitable purpose.

400 W 16th StreetPueblo, CO 81003

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

3.57x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

6th percentile

0.01x

Higher debt load relative to revenue than 6% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

38th percentile

0.9%

Higher net margin than 38% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

2nd percentile

-33%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

62nd percentile

12%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Down

$111,736

Down $54,135 (-33%) from 2023

Liabilities

Down

$399,029

Down $636,026 (-61%) from 2023

Net Assets

Up

-$287,293

Up $581,891 (+67%) from 2023

Revenue

Up

$71,296,042

Up $7,546,346 (+12%) from 2023

Expenses

Up

$70,659,360

Up $6,252,061 (+9.7%) from 2023

Net Income

Up

$636,682

Up $1,294,285 (+197%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0MAssets 2010: $8,058,728Liabilities 2010: $71,388Net Assets 2010: $7,987,3402010Assets 2011: $8,222,112Liabilities 2011: $3,526Net Assets 2011: $8,218,5862011Assets 2012: $2,112,177Liabilities 2012: $13,180Net Assets 2012: $2,098,9972012Assets 2013: $1,752,876Liabilities 2013: $3,641Net Assets 2013: $1,749,2352013Assets 2014: $1,583,330Liabilities 2014: $3,084Net Assets 2014: $1,580,2462014Assets 2015: $1,236,920Liabilities 2015: $4,132Net Assets 2015: $1,232,7882015Assets 2016: $1,382,276Liabilities 2016: $1,825,391Net Assets 2016: -$443,1152016Assets 2017: $1,241,030Liabilities 2017: $1,328,186Net Assets 2017: -$87,1562017Assets 2018: $472,800Liabilities 2018: $740,570Net Assets 2018: -$267,7702018Assets 2019: $678,589Liabilities 2019: $1,183,932Net Assets 2019: -$505,3432019Assets 2020: $166,780Liabilities 2020: $641,140Net Assets 2020: -$474,3602020Assets 2021: $227,277Liabilities 2021: $530,780Net Assets 2021: -$303,5032021Assets 2022: $196,545Liabilities 2022: $434,403Net Assets 2022: -$237,8582022Assets 2023: $165,871Liabilities 2023: $1,035,055Net Assets 2023: -$869,1842023Assets 2024: $111,736Liabilities 2024: $399,029Net Assets 2024: -$287,2932024

Highlighted filing

2024

Assets$111,736
Liabilities$399,029
Net Assets-$287,293

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100M$50M$0-$50MExpenses 2010: $298,5062010Expenses 2011: $482,6982011Expenses 2012: $12,754,0362012Expenses 2013: $11,890,6952013Revenue 2014: $49,260Expenses 2014: $13,504,809Net Income 2014: -$13,455,5492014Revenue 2015: $30,768Expenses 2015: $14,388,986Net Income 2015: -$14,358,2182015Revenue 2016: $31,358,576Expenses 2016: $17,385,480Net Income 2016: $13,973,0962016Revenue 2017: $29,312,242Expenses 2017: $28,956,212Net Income 2017: $356,0302017Revenue 2018: $39,679,344Expenses 2018: $39,859,958Net Income 2018: -$180,6142018Revenue 2019: $43,552,831Expenses 2019: $43,790,161Net Income 2019: -$237,3302019Revenue 2020: $49,002,739Expenses 2020: $48,971,756Net Income 2020: $30,9832020Revenue 2021: $49,526,192Expenses 2021: $49,355,335Net Income 2021: $170,8572021Revenue 2022: $55,064,445Expenses 2022: $54,988,952Net Income 2022: $75,4932022Revenue 2023: $63,749,696Expenses 2023: $64,407,299Net Income 2023: -$657,6032023Revenue 2024: $71,296,042Expenses 2024: $70,659,360Net Income 2024: $636,6822024

Highlighted filing

2024

Revenue$71,296,042
Expenses$70,659,360
Net Income$636,682

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.11$0.40$0.29$71.3$70.7$0.64
2023Detailed filing. Detailed filing data is available for this year.$0.17$1.04$0.87$63.7$64.4$0.66
2022Detailed filing. Detailed filing data is available for this year.$0.20$0.43$0.24$55.1$55.0$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.53$0.30$49.5$49.4$0.17
2020Detailed filing. Detailed filing data is available for this year.$0.17$0.64$0.47$49.0$49.0$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.68$1.18$0.51$43.6$43.8$0.24
2018Detailed filing. Detailed filing data is available for this year.$0.47$0.74$0.27$39.7$39.9$0.18
2017Detailed filing. Detailed filing data is available for this year.$1.24$1.33$0.09$29.3$29.0$0.36
2016Detailed filing. Detailed filing data is available for this year.$1.38$1.83$0.44$31.4$17.4$14.0
2015Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.23$0.03$14.4$14.4
2014Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.05$13.5$13.5
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.00$1.75$11.9
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$0.01$2.10$12.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.22$0.00$8.22$0.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.06$0.07$7.99$0.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$71,296,042
Mission and Program Overview

Mission

To operate exclusively for the benefit of parkview medical center, inc. And to support other non-profit health care providers organized for charitable purpose.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$165,871$111,736▼ $54,135
Total Assets$165,871$111,736▼ $54,135
Liabilities
Grants Payable$44,000$232,779▲ $188,779
Accounts Payable and Accrued Expenses$991,055$166,250▼ $824,805
Total Liabilities$1,035,055$399,029▼ $636,026
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-869,184$-287,293▲ $581,891
Total Net Assets Fund Balance$-869,184$-287,293▲ $581,891
Total Liabilities and Net Assets / Fund Balance$165,871$111,736▼ $54,135

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$111,736--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$941,942$11,018▲ $344,337-$1,297,297
2022$843,926$6,675▲ $91,341-$941,942
2021$1,124,026$15,379▼ $295,479-$843,926
2020$1,053,344$8,663▲ $62,019-$1,124,026
2019$997,144$9,044▲ $47,156-$1,053,344
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Suraj SinghPhysicianPT$778,132$11,465$789,597
Md Ali K MuradPhysicianPT$412,992$12,017$425,009
Jennifer L FitzpatrickPhysicianPT$315,153$5,625$320,778
Pantelis HadjizachariaPhysicianPT$272,708$6,392$279,100
Rickland L LikesPhysicianPT$244,890$11,699$256,589
Natalie Mosley DoBoard Member-$155,953$6,140$162,093

Board Members and Trustees

NameTitle
Mark DunsmoorChair
Darrin SmithPresident/CEO
Mark KennedyVice Chair
Dave VecchioBoard Member
John Millea DdsBoard Member
Judy FondaBoard Member
Judy WeaverBoard Member
Liz ConcoridaBoard Member
Ray BakerBoard Member
Seth ClaytonBoard Member
Vince VigilBoard Member
Bruce JohnsonBoard Member - Part Year
George GibsonBoard Member - Part Year
Jim HadleyBoard Member - Part Year
Sherri BacaBoard Member - Part Year
Jon RiggsCFO
Michael Growney MdMedical Chief of Staff
Sam KrageSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$71,294,842
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,200
Change in Net Assets
$636,682
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$70,645,610
Grants and Similar Amounts Paid$13,750
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$70,636,682--$70,636,682
Grants to Domestic Orgs$13,750--$13,750
Fees for Services Accounting-$4,500-$4,500
Advertising-$3,884-$3,884
Office Expenses-$544-$544
Total Functional Expenses$70,650,432$8,928$0$70,659,360
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Pueblo City-county LibraryPueblo, COState of CoYouth Program$10,000
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Part V Line 2A and Part VII Section A Line 1A and 2

These w-2 wages are reported by the common paymaster, parkview medical center. The allocated amount of wages to parkview foundation are reported on part vii column d.

Form 990, Part VI, Section A, Line 4

Parkview health system amended their articles of incorporation to state that university of colorado health is now the sole member of the organization and graned uchealth the authority to appoint members to the parkview boards.

Form 990, Part VI, Section A, Line 6

University of colorado health is the sole corporate member of parkview health systems.

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

University of colorado health (uchealth) is the sole member of parkview health system. Parkview health system is the sole member of parkview medical center and parkview foundation. Uchealth has the authority to appoint the members of the boards of parkview health system, parkview medical center, and parkview foundation.

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

Uchealth shall have the ultimate authority over parkview health system and its affiliates as set forth in the parkview bylaws.

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by independent cpas. A preliminary draft is reviewed by the internal finance department. The final copy of the form 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 members, officers and key employees of the organization. Completed forms are submitted and reviewed by the internal compliance department to ensure compliance with the written policy. Any questions or ultimate enforcement would be handled by the compliance department.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policies, and financial statements are provided to the public based 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

Filer Name
Parkview Health System Inc
EIN
84-0935138
Phone
7195844534
Address
400 W 16TH STREET, PUEBLO, CO 81003

Signing Officer

Name
Jon Riggs
Title
CFO
Phone
7195844534
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jon Riggs
Formed
1984
Legal Domicile
Co
Voting Board Members
15
Independent Board Members
12
Employees
0
Volunteers
16

Preparer

Firm
Plante & Moran Pllc
Address
8181 E TUFTS AVE SUITE 600, DENVER, CO 80237
Preparer
Amy Ciminello
Phone
3037409400
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

Parkview health system, has an audit and compliance committee, that meets quarterly. This committee selects the independent accountant to conduct the audit and oversees the audit.

Financial Statement Notes

Part V, Line 4

Parkview health system, inc. Indirectly through parkview foundation,inc. Holds endowment assets. The foundation adopted investment and spending policies for the endowment fund that attempt to provide a predictable stream of funding while seeking to maintain the purchasing power of the endowment assets. The foundation expects distributions of approximately five percent of assets annually, although this percentage can vary.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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