Catholic Health Initiatives Colorado is a faith-based 501(c)(3) nonprofit healthcare organization headquartered in Centennial, Colorado. Established in 1968, the organization operates multiple hospital facilities and healthcare services across Colorado. The organization is part of a larger healthcare system and operates under the parent exemption from the United States Conference of Catholic Bishops (USCCB).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.1B
+5.0% YoY
Annual Giving
$5.7M
+1314.4% YoY
Grant Count
68
+385.7% YoY
Avg Grant Size
$84K
+191.2% YoY
Mission & Focus Areas
Mission Statement: "We make the healing presence of God known in our world by improving the health of the people we serve, especially those who are vulnerable, while we advance social justice for all."
The organization invests in and nurtures the health of the people of Colorado through charity care, community programs, and sponsorships. The organization emphasizes human dignity and social justice as it creates healthier communities, supported by education and research.
Grantmaking
Catholic Health Initiatives Colorado operates through two related entities with distinct grantmaking roles:
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Geographic Focus
Where this funder awards grants
Catholic Health Initiatives Colorado operates and provides grantmaking support throughout Colorado, with particular presence in:
- Colorado Springs
- Denver
- Pueblo
- Canon City
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Catholic Health Initiatives Colorado (Operating Organization)
- Total Assets: $6.05 billion (2024)
- Annual Revenue: $3.3 billion (2024)
- Total Expenses: $3.22 billion (2024)
- Total Liabilities: $2.97 billion (2024)
- Number of Employees: 15,641 (2024)
Catholic Health Initiatives Colorado Foundation (Grantmaking Entity)
- Total Assets: $108.1 million (2024)
- Total Revenues: $15.7 million (2024)
- Total Expenses: $16.1 million (2024)
- Number of Employees: 15 (2024)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,053,020,485 | $5,764,900,415 | $3,366,223,442 |
| Revenue | $3,295,837,327 | $2,634,498,679 | $2,473,879,938 |
| Expenses | $3,222,406,009 | $2,453,902,240 | $2,199,373,191 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $23,046,680 | $17,046,511 | $35,013,330 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
165 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER BANKO | CEO/PRESIDENT (THRU 1/26/24) | 5 | — |
| DANIEL MORISSETTE | VICE CHAIR/CSH SEVP, CHIEF FINANCIAL OFFICER | 1 | — |
| ELIZABETH SHIH | BOARD MEMBER/CSH SEVP, CHIEF ADMINISTRATIVE OFFICE | 1 | — |
| MITCH MELFI ESQ | CHAIR/CSH SEVP, CHIEF LEGAL OFFICER | 1 | — |
| ANDREW GAASCH | TREASURER (THRU 5/27/24)/PRESIDENT MOUNTAIN REGION | 1 | — |
| THOMAS MCGINN | BOARD MEMBER/CSH EVP, PHYSICIAN ENTERPRISE | 1 | — |
| SHAUNA GULLEY | FORMER HCE | — | — |
| GARY LICHTENBERGER | FORMER HCE | — | — |
| DEAN SANPEI | FORMER HCE | — | — |
| DAN ENDERSON | FORMER KEY EMPLOYEE | — | — |
| KEVIN JENKINS | FORMER KEY EMPLOYEE | — | — |
| MATT BROWN | INTERIM PRESIDENT (1/27/24 - 5/26/24)/CSH CHIEF TR | 1 | — |
| THOMAS GESSEL | FORMER KEY EMPLOYEE | — | — |
| ALLISON ROBERTS | PHYSICIAN | 50 | $1,510,532 |
| CARRIE DAMON | FORMER KEY EMPLOYEE | — | — |
| CAMILLE AZAR | PHYSICIAN GASTROENTEROLOGY | 50 | $1,345,117 |
| PATRICK SHARP | FORMER KEY EMPLOYEE | — | — |
| DENNIS KRAUS | FORMER HCE | — | — |
| MARCHYARN MAHATHANARUK | PHYSICIAN | 50 | $1,093,014 |
| WILLIAM ANDERSON | FORMER HCE | — | — |
| ROLAND BAIZA JR | PHYSICIAN | 50 | $969,263 |
| ALAN MONROE | PHYSICIAN | 50 | $961,540 |
| KRIS ORDELHEIDE | FORMER SECRETARY/SVP AND GENERAL COUNSEL, CENTURA | — | — |
| THOMAS DONOHOE | SECRETARY/SR VP LEGAL SERVICES & GENERAL COUNSEL | 1 | — |
| MATTHEW LEARY | FORMER KEY EMPLOYEE | — | — |
| SHERI SHAPIRO | BOARD MEMBER/SEVP CSH CHIEF STRATEGY OFFICER | 1 | — |
| TADD RICHERT | TREASURER/INTERIM CFO, MOUNTAIN REGION | 1 | — |
| KEVIN WIKOFF | FORMER KEY EMPLOYEE | — | — |
| MIKE CAFASSO | FORMER KEY EMPLOYEE | — | — |
| BRIAN ERLING | FORMER KEY EMPLOYEE | — | — |
Contact Information
- Phone: 303-290-6500
- Website: https://www.mountain.commonspirit.org
- Address: 9100 E Mineral Circle, Centennial, CO 80112-3401
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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