Kalispell Regional Medical Center Inc

Organization Overview

Kalispell Regional Medical Center Inc, operating under the name Logan Health Medical Center, is located in Kalispell, MT. The organization was established in 1973. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 03/2022, Logan Health Medical Center employed 3,668 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Logan Health Medical Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 03/2020, Logan Health Medical Center generated $452.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $432.3m during the year ending 03/2020. While expenses have increased by 5.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDES INPATIENT, OUTPATIENT AND AMBULATORY CARE TO THE COMMUNITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES INPATIENT, OUTPATIENT AND AMBULATORY CARE TO THE COMMUNITY


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Board, Officers & Key Employees

Name (title)Compensation
Benjamin Ward MD
Physician
$1,305,558
Craig Lambrecht MD
President & CEO
$1,259,354
Timothy Joyce MD
Physician
$920,069
Karen Perser MD
Trustee
$917,323
Kim Stimpson MD
Physician
$911,649
Mark Magill MD
Physician
$905,092

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Nuwest Group Holdings Llc
Nursing Services
$12,447,055
Travel Nurse Across America Llc
Nursing Services
$11,829,129
Silver Tip Emergency Physicians
Emergency Room Physicians
$4,995,155
Thomas Management Llc
Food Service
$2,739,081
Northwest Imaging
Imaging Services
$991,608
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$7,814,090
Investment income $1,822,855
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $364,363
Net Gain/Loss on Asset Sales -$899,396
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $452,513,636

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Kalispell Regional Medical Center Inc has recieved totaling $1,374,180.

Awarding OrganizationAmount
Kalispell Regional Healthcare Foundation

Kalispell, MT

PURPOSE: SUPPORT THE ACTIVITIES OF KALISPELL REGIONAL MEDICAL CENTER

$1,340,319
American Heart Association Inc

Dallas, TX

PURPOSE: STROKE PROGRAMS

$28,500
B E A Family Inc

Bigfork, MT

PURPOSE: PROVIDE CARE, SUPPORT, AND RESEARCH TO THE BIGFORK REGION.

$5,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$361
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$14,668,013
Earnings$195,718
Net Contributions$2,701,786
Other Expense$421,942
Ending Balance$17,143,575

Peer Organizations

Organization NameAssets
Monument Health Rapid City Hospital Inc
Rapid City, SD
$951,840,989
Saint Alphonsus Regional Medical Center Inc
Boise, ID
$796,092,917
Altru Health System
Grand Forks, ND
$613,611,037
Benefis Hospitals Inc
Great Falls, MT
$564,158,876
Scl Health Montana
Billings, MT
$521,618,398
Kalispell Regional Medical Center Inc
Kalispell, MT
$452,513,636
St Peters Health
Helena, MT
$316,195,673
St Alexius Medical Center
Bismarck, ND
$270,899,366
Avera St Lukes
Aberdeen, SD
$208,771,594
Saint Alphonsus Medical Center Nampa Inc
Nampa, ID
$246,576,284
Monument Health Network Inc
Rapid City, SD
$173,170,795
Bmh Inc
Blackfoot, ID
$176,057,600

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