Presbyterian Healthcare Services
Nonprofit profile at a glance
- EIN
- 850105601
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Jun 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Albuquerque, NM, USA
- Phone
- 505-923-5256
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Health Systems
- Affiliation
- Christianity
Reported finances
- Revenue
- $2,898,794,768
- Expenses
- $2,814,988,430
- Assets
- $3,981,690,796
- Liabilities
- $2,018,664,603
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
46 people listed
Executive titles in this filing
- DALE MAXWELL (CEO/ DIRECTOR (TERM: 10/18/2024))
- RISHI SIKKA MD (DIRECTOR (PRESIDENT / CEO AS OF 12/13/2024))
- LAUREN M CATES (PRESIDENT - PHS)
- DARREN M SHAFER MD (PRESIDENT - PMG)
- DIONNE CRUZ MILLER (HOSPITAL CHIEF EXECUTIVE - PH (TERM: 1/2/2024))
- JOHN ADAMS (HOSPITAL CHIEF EXECUTIVE - RUST MED CTR)
Highest reported compensation
- DALE MAXWELL (CEO/ DIRECTOR (TERM: 10/18/2024)): $4,407,510 total reported compensation
- JAMES NOBLE (SVP & CFO / TREASURER): $2,321,754 total reported compensation
- AMIT GARG MD (MED DIR - CLIN-RADIATION ONCOLOGY): $2,188,823 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Presbyterian exists to ensure all of the patients, members and communities we serve can achieve their best health. Our strategy is how we sustain this organization in the short-term and for generations to come. Integration is at the core of our strategy and enables us to provide the right care in the right setting at the right time. CODE OF CONDUCT In addition to the Presbyterian Egg, our Code of Conduct describes the behavior expected of our workforce in providing services to our patients and members. Leaders, employees, independent providers, contractors, volunteers, students, vendors and board members are accountable for these core responsibilities.
What it reported doing in 2024
These services include all system support services to allow our medical delivery systems to provide excellent care and to operate efficiently. This includes system administration, performance management, real estate administration, finance, admitting, billing and collections, information technology, customer care, clinical education, community health outreach, innovation, population health initiatives, communications, legal services, organizational compliance, supply chain functions, hr, recruiting and employee health, medical records, informatics, and security.
Operating model
- Revenue model
- Other-operating. 97% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 75
- Accountability: 91
- Sustainability: 49
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87%; rating input score 87
- Program expense ratio: 87.5%; rating input score 87
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 21st percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 80.1%; rating input score 80; 17th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 84.6%; rating input score 85; 32nd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.9%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 1.41; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0.51; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 1.3%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 7.5% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 5.5% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 5.4% per year; rating input score 100; 39th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 87% of revenue deployed · 87.5% of spending went to programs
- Governance: 11 of 13 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $2.5B in reported program spending
- Leadership: top reported pay $4.4M · 46 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $170.2M reported
- Consistency: 41 of 42 current checks pass · 1 finding to review
- Schedules: 13 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 56 filed money-flow records
- Related organizations: 25 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.