CATHOLIC HEALTH INITIATIVES COLORADO FOUNDATION

EIN: 840902211 501(c)(3) Health Care

CENTENNIAL, CO

Total Revenue
$16,854,035
Total Expenses
$14,465,963
Total Assets
$99,737,696
Net Assets
$76,037,865
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
CO
Principal Officer
ANDREW GAASCH
Phone
3036737482
Tax Period
2022-07-01 to 2023-06-30

CATHOLIC HEALTH INITIATIVES COLORADO FOUNDATION, founded in 1982, is a mid-sized nonprofit in the Health Care sector that reported $16.9M in total revenue in fiscal year 2022. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $14.5M left a modest 14% surplus.

Mission

ORGANIZATION'S MISSION: CATHOLIC HEALTH INITIATIVES COLORADO FOUNDATION SOLICITS AND ADMINISTERS DONATIONS THAT BENEFITS THE CHARITABLE HEALTH CARE, AND RETIREMENT HOME SERVICES PROVIDED BY CATHOLIC HEALTH INITIATIVES FACILITIES IN COLORADO.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $15,047,359
Program Service Revenue $0
Investment Income $1,982,895
Other Revenue $-176,219
TOTAL REVENUE $16,854,035

Expense Breakdown

Grants Paid $11,636,638
Salaries & Benefits $2,022,467
Fundraising Expenses $1,103,400
Program Expenses $11,656,638
Other Expenses $806,003
TOTAL EXPENSES $14,465,963

Year-over-Year Comparison

2022 2021 Change
Revenue $16,854,035 $23,185,458 -0.3%
Expenses $14,465,963 $17,159,659 -0.2%
Net Income $2,388,072 $6,025,799 -0.6%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
23
Volunteers
20

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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSH BAILEY VICE PRESIDENT OF PHILANTHROPY 40.0
$182,076 $23,499 $205,575
CARRIE BACH GROUP DIRECTOR OF DEVELOPMENT 40.0
Highest
$147,202 $29,729 $176,931
CANDY EMERSON DEVELOPMENT OFFICER 40.0
Highest
$146,119 $12,600 $158,719
ALEXANDRA STETSON-LEE SR. PHILANTHROPY OFFICER 40.0
Highest
$114,426 $39,543 $153,969
JOY HESS DEVELOPMENT OFFICER 40.0
Highest
$128,645 $16,629 $145,274
JENNIFER COOPER DIRECTOR OF ENGAGEMENT 40.0
Highest
$111,148 $12,970 $124,118
MATT LEARY DIRECTOR 1.0
Director
$0 $0 $0
TOM GESSEL PRESIDENT 1.0
Officer Director
$0 $0 $0
DAN ENDERSON DIRECTOR 1.0
Director
$0 $0 $0
ANDREW GAASCH SR VP & CFO BEG 01/23 1.0
Officer Director
$0 $0 $0
TADD RICHERT DIRECTOR 1.0
Director
$0 $0 $0
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $16,854,035 $14,465,963 $99,737,696 $2,388,072
2022 $23,185,458 $17,159,659 $84,113,830 $6,025,799
2021 $22,290,693 $20,889,959 $87,057,736 $1,400,734
2020 $19,462,747 $18,826,108 $80,716,643 $636,639
2019 $17,910,533 $17,469,746 $74,392,310 $440,787
2018 $23,552,018 $18,579,231 $81,077,349 $4,972,787
Explore More Nonprofits
→Top 100 Nonprofits in Colorado →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CATHOLIC HEALTH INITIATIVES COLORADO FOUNDATION with other nonprofits in Colorado and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.