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Filing year 2024

Banner Medical Group

Phoenix, Arizona·EIN 90-0532830·NTEE E31 · Health Care·501(c)(3)
Total revenue
$609.4M
Total assets
$174.3M
Total expenses
$822.9M
Reported officers
10
Mission

TO ASSIST BANNER HEALTH COMPLETE ITS MISSION, BANNER MEDICAL GROUP (BMG) WAS CREATED TO MAKE HEALTH CARE EASIER, SO LIFE CAN BE BETTER BY PROVIDING INTEGRATED & COORDINATED CARE & POPULATION HEALTH MANAGEMENT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Health Care organizations in Arizona.

Physician
Highest Compensated Employee
Above 90th percentile
$1.6M
$1.6M
Base
$588k
Bonus
$922k
Other
$16k
Benefits
$21k
Physician
Highest Compensated Employee
Above 90th percentile
$1.6M
$1.6M
Base
$885k
Bonus
$622k
Other
$16k
Benefits
$21k
Physician
Highest Compensated Employee
75th to 90th percentile
$1.4M
$1.5M
Base
$919k
Bonus
$408k
Other
$27k
Benefits
$29k
Physician
Highest Compensated Employee
75th to 90th percentile
$1.4M
$1.4M
Base
$668k
Bonus
$640k
Other
$25k
Benefits
$27k
Physician
Highest Compensated Employee
75th to 90th percentile
$1.2M
$1.3M
Base
$990k
Bonus
$221k
Other
$7k
Benefits
$27k
Ceo/president/chair
Above 90th percentile
$1.1M
$1.2M
Base
$512k
Bonus
$372k
Other
$50k
Benefits
$35k
Treasurer/division CFO
Above 90th percentile
$575k
$598k
Base
$360k
Bonus
$133k
Other
$37k
Benefits
$24k
Coo/secretary
Officer (Unspecified)
$379k
$394k
Base
$259k
Bonus
$72k
Other
$18k
Benefits
$2k
Director/secretary / COO - Medical Group (thru Feb 2024)
Median to 75th percentilevs Health Care peers nationwide
$203k
$211k
Base
$31k
Bonus
$169k
Other
$115
Benefits
$2k
Former Secretary (termed 6/30/2022)
Former Officer/director/trustee
25th percentile to medianvs Health Care peers nationwide
$76k
$79k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Phoenix-Mesa-Scottsdale, AZ metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Banner Medical Group equaled 0.2% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
0.2%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 2%
from 2023

From $1.6M in 2023 to $1.6M in 2024.

$1.6M
2023
$1.6M
2024
In today's dollarsEst.
Down 4% in real terms$1.7M to $1.6M

Estimated with Phoenix-Mesa-Scottsdale, AZ metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay fell 2% from 2023 to 2024, while revenue rose 9%.

$1.6M in 2023 to $1.6M in 2024.
  • Chief Financial Officer pay rose 6% from 2023 to 2024.
  • Chief Operating Officer pay fell 51% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Banner Medical Group

What does the Highest Compensated Employee of Banner Medical Group earn?

In 2024, the Highest Compensated Employee of Banner Medical Group received $1,560,337 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Health Care organizations in Arizona: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at Banner Medical Group compare with similar nonprofits?

Compared with the same role at Health Care organizations in Arizona, the 2024 pay of the Highest Compensated Employee at Banner Medical Group falls in the top 10%. In 2024, the highest total compensation at Banner Medical Group equaled 0.2% of the organization's total expenses. The median for health care organizations is 4%.

What are Banner Medical Group's revenue and expenses?

In 2024, Banner Medical Group reported $609.4M in total revenue and $822.9M in total expenses on its IRS Form 990.

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