Compensation 990

Banner Medical Group Colorado

Fiscal year ending 2024. Filed on November 7, 2025.

2901 N Central Ave Suite 160
Phoenix, Arizona 85012

Banner Medical Group Colorado (EIN: 90-0532831) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Banner Medical Group Colorado, a 501(c)(3) charitable organization, reported compensation for 10 out of 1,155 total employees. Among the employees shown here, the average compensation is $713,805. The highest compensated employee at Banner Medical Group Colorado is Shiva Birdi, M.D. with fiscal year 2024 compensation of $1,113,721.

Revenue, expenses, and employee compensation

Revenue

$118,725,205

Expenses

$189,754,937

Employee compensation

$138,245,046
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋17.3%vs 2023
Shiva Birdi, M.D.
Ceo/President/Chair
$1,113,721
$0 from org$934,046 from related$179,675 other
－1.3%vs 2023
Maurice Lyons, M.D.
Physician
$1,018,325
$977,940 from orgNo related comp$40,385 other
＋10.5%vs 2021
Nicholas Noce, M.D.
Physician
$919,751
$874,927 from orgNo related comp$44,824 other
New in 2024
Shane Rowan, M.D.
Physician
$896,455
$858,712 from orgNo related comp$37,743 other
－17.6%vs 2023
Ryan Graves, M.D.
Physician
$861,472
$820,996 from orgNo related comp$40,476 other
New in 2024
Jay Cook, M.D.
Physician
$836,645
$820,966 from orgNo related comp$15,679 other
＋6.5%vs 2023
Carol Karp
Treasurer/Division CFO
$575,087
$0 from org$529,587 from related$45,500 other
New in 2024
Monica Bejarano
Chief Operating Officer and Secretary
$378,795
$0 from org$349,467 from related$29,328 other
－49.9%vs 2023
David Bixby
Former Secretary
$334,657
$0 from org$258,418 from related$76,239 other
－51.3%vs 2023
Garrick Richards, M.D.
Director/Secretary / COO - Medical Group (Thru Feb 2024)
$203,142
$0 from org$199,852 from related$3,290 other

Non-Employee Board Members

No board members were reported during this fiscal year.

Mission Statement

ASSIST BANNER HEALTH TO COMPLETE ITS MISSION TO MAKE HEALTH CARE EASIER, SO LIFE CAN BE BETTER BY PROVIDING INTEGRATED & COORDINATED CARE & POPULATION HEALTH MANAGEMENT.

Revisions to this organization profile

November 7, 2025:
2024 Banner Medical Group Colorado 990 filed
November 5, 2024:
2023 Banner Medical Group Colorado 990 filed
November 8, 2023:
2022 Banner Medical Group Colorado 990 filed

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