Banner-University Care Advantage

EIN: 463757358 501(c)(3) Health Care

PHOENIX, AZ

Total Revenue
$327,869,881
Total Expenses
$330,297,357
Total Assets
$92,979,184
Net Assets
$8,904,421
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
AZ
Phone
6027474000
Tax Period
2023-01-01 to 2023-12-31

Banner-University Care Advantage, founded in 2013, is a major nonprofit in the Health Care sector that reported $327.9M in total revenue in fiscal year 2023.

Mission

MANAGE AND COORDINATE THE DELIVERY OF QUALITY HEALTH CARE SERVICES TO ENROLLEES WHO QUALIFY AS PART OF A SPECIAL NEEDS PLAN AND ARE DUALLY ELIGIBLE FOR BOTH MEDICARE AND MEDICAID BENEFITS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $324,388,723
Investment Income $3,481,158
Other Revenue $0
TOTAL REVENUE $327,869,881

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,277,613
Fundraising Expenses $0
Program Expenses $290,362,445
Other Expenses $315,019,744
TOTAL EXPENSES $330,297,357

Year-over-Year Comparison

2023 2022 Change
Revenue $327,869,881 $308,611,711 +0.1%
Expenses $330,297,357 $329,507,370 +0.0%
Net Income $-2,427,476 $-20,895,659 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
2
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$7,452,959
Total Directors
7
$5,567,198
Key Employees
7
$3,268,021
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A DIRECTOR/DIVISION PRESIDENT 2.0
Officer Director
$0 $331,975 $1,455,961
N/A DIRECTOR/CHAIRMAN (THRU 03/23) 2.0
Officer Director
$0 $11,219 $1,956,159
N/A Director/Vice President/CEO 20.0
Officer Director
$0 $204,995 $1,036,412
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $38,077 $631,897
N/A DIRECTOR 2.0
Director
$0 $57,400 $486,769
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A Secretary/Assistant General Counsel 2.0
Officer
$0 $21,992 $272,806
N/A TREASURER/VP FINANCE 20.0
Officer
$0 $211,199 $1,039,480
N/A SECRETARY 2.0
Officer
$0 $604,280 $1,692,141
N/A VICE PRESIDENT/CMO 20.0
Key Emp
$0 $171,058 $986,286
N/A VICE PRESIDENT ASO ADMINISTRATOR 20.0
Key Emp
$0 $83,330 $516,662
N/A Executive Director, IT INSURANCE DIVISION 20.0
Key Emp
$0 $15,365 $390,186
N/A Executive Director, STRATEGY 40.0
Key Emp
$0 $30,513 $380,086
N/A Executive Director, CFO Medicaid 20.0
Key Emp
$0 $23,329 $275,535
N/A Executive Director, CFO Medicaid 20.0
Key Emp
$0 $20,134 $319,505
N/A Executive Director, CHIEF ACTUARY 20.0
Key Emp
$0 $41,622 $399,761
N/A SENIOR DIRECTOR/CMO 20.0
Highest
$0 $42,099 $443,284
N/A SENIOR DIRECTOR/MEDICAL SALES 40.0
Highest
$0 $10,930 $409,208
N/A SENIOR MEDICAL DIRECTOR/INSURANCE 20.0
Highest
$0 $9,997 $383,090
N/A SENIOR DIRECTOR/CMO 20.0
Highest
$0 $36,042 $539,391
N/A SENIOR DIRECTOR/CMO 20.0
Highest
$0 $18,484 $497,110
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $327,869,881 $330,297,357 $92,979,184 $-2,427,476
2022 $308,611,711 $329,507,370 $128,924,977 $-20,895,659
2021 $318,721,179 $314,563,744 $98,937,833 $4,157,435
2020 $311,923,714 $304,619,598 $93,606,142 $7,304,116
2019 $283,776,679 $275,352,410 $111,462,125 $8,424,269
2018 $188,607,689 $189,621,603 $70,015,285 $-1,013,914
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