Montana Health Research And Education Foundation Inc
- Assets
- $2.1m
- Revenue
- $3.8m
- Investments
- $209.5k
- Employees
- 0
- Location
- Helena, MT
- Founding
- 11/1973
- Data as of
- 12/2022
- EIN
- 23-7338233
Organization Overview
Montana Health Research And Education Foundation Inc is located in Helena, MT. The organization was established in 1973. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montana Health Research And Education Foundation Inc 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 12/2022, Montana Health Research And Education Foundation Inc generated $3.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $3.7m during the year ending 12/2022. While expenses have increased by 8.5% per year over the past 8 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.
Since 2015, Montana Health Research And Education Foundation Inc has awarded 103 individual grants totaling $1,622,350. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PURSUE FUNDING OPPORTUNITIES TO PROVIDE FINANCIAL, TECHNICAL, AND INNOVATIVE PROGRAM SUPPORT TO MHA MEMBERS AND THE COMMUNITIES THEY SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CDC HEALTH EQUITY GRANT: TO IMPLEMENT HEALTH EQUITY ACTIVITIES, INCLUDING SUPPORTING HEALTHCARE FACILITIES TO DEVELOP COMMUNITY HEALTH NEEDS ASSESSMENT AND IMPLEMENTATION PLANS, FACILITATING REGIONAL HEALTH EQUITY TASK FORCES, AND PROVIDING HEALTH EQUITY EDUCATION. ADDITIONALLY, THE GRANT FINANCIALLY SUPPORTS SUBCONTRACTS FOR THE DEVELOPMENT OF A MONTANA SPECIFIC SOCIAL DETERMINANTS OF HEALTH TOOL (MONTANA INDEX OF HEALTHY COMMUNITIES) AND REGIONAL CARE COORDINATION TO PROMOTE THE COMMUNITY HEALTH WORKER AND COMMUNITY INTEGRATED HEALTH PROFESSIONAL WORKFORCE.
TELESTROKE SERVICES GRANT:CDC FUNDED PROGRAM THROUGH THE MONTANA DPHHS TO IMPROVE PATIENT CARE IN RURAL HOSPITALS THROUGH TELEVIDEO AHEC GRANTS (SC AND NC PROGRAMS):HRSA FUNDED GRANTS THORUGH THE STATE OFFICE OF RURAL HEALTH TO STRENGTHEN THE HEALTHCARE WORKFORCE IN MONTANA, PARTICULARLY IN RURAL AND UNDERSERVED COMMUNITES, AND TO IMPROVE HEALTH BY FORGING CONNECTIONS BETWEEN HEALTH PROFESSIONS, K-12 EDUCATIONAL PROGRAMS, AND COMMUNITITES.
RURAL HOSPITAL FELEXIBILITY GRANT (FLEX):HRSA FUNDED GRANT TO PROVIDE SUPPORT FOR CRITICAL ACCESS AND OTHERSMALL RURAL HOSPITALS TO PRESERVE ACCESS TO PRIMARY AND EMERGENCYHEALTH CARE SERVICES IN THEIR COMMUNITIES. SPECIFICALLY, THE GRANT ISINTENDED TO STRENGTHEN CRITICAL ACCESS HOSPITAL INFRASTRUCTURE, SUPPORT LEADERSHIP, ENHANCE RURAL EMERGENCY MEDICAL SERVICE, IMPROVE QUALITY, AND DEVELOP AND ENHANCE NETWORKS OF CARE.
HOSPITAL PREPAREDNESS PROGRAM:ASPR FUNDED GRANT TO ASSIST HOSPITALS IN ASSESSING THEIR PREPAREDNESS IN THE EVENT OF EMERGENCIES OR NATURAL DISASTERS, AND FORMULATING AND TESTING PLANS TO STRENGTHEN THEIR READINESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Olsen Secretary | OfficerTrustee | 3 | $4,846 |
Kelley Evans Chair | OfficerTrustee | 3 | $0 |
Cody Langbehn Director | Trustee | 3 | $0 |
Devin Huntley Director | Trustee | 3 | $0 |
Laura Merchant Director | Trustee | 3 | $0 |
Adam Schafer Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,545,836 |
| All other contributions, gifts, grants, and similar amounts not included above | $126,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,671,836 |
| Total Program Service Revenue | $109,297 |
| Investment income | $4,802 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,702 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,790,637 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $662,421 |
| Grants and other assistance to domestic individuals. | $191,832 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $187,658 |
| Compensation of current officers, directors, key employees. | $187,658 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $870,546 |
| Pension plan accruals and contributions | $110,286 |
| Other employee benefits | $182,142 |
| Payroll taxes | $120,256 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,127 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $562 |
| Fees for services: Other | $754,711 |
| Advertising and promotion | $1,725 |
| Office expenses | $121,157 |
| Information technology | $4,161 |
| Royalties | $0 |
| Occupancy | $112,354 |
| Travel | $127,285 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $204,236 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $688 |
| Insurance | $29,358 |
| All other expenses | $0 |
| Total functional expenses | $3,700,547 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $363,493 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,444 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $209,467 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,490,440 |
| Total assets | $2,071,944 |
| Accounts payable and accrued expenses | $143,843 |
| Grants payable | $0 |
| Deferred revenue | $641,326 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $785,169 |
| Net assets without donor restrictions | $1,185,470 |
| Net assets with donor restrictions | $101,305 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,071,944 |
Grants Awarded
Over the last fiscal year, Montana Health Research And Education Foundation Inc has awarded $261,416 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MOUNTAIN-PACIFIC QUALITY HEALTH PURPOSE: RURAL COMMUNITIES OPIOD RESPONSE IMPLEMENTATION SUBAWARDEE TO FULFILL THE OBJECTIVES OF THE GRANT | $73,541 |
ST JAMES HEALTHCAREINTERMOUNTAIN HEALTHCARE PURPOSE: TO ASSIST WITH THE COSTS OF CONDUCTING AND COORDINATING A READINESS AND FEASIBILITY ASSESSMENT, DEVELOPING A STRATEGIC IMPLEMENTATION PLAN, AND/OR COORDINATING TRAININGS AND TECHNICAL ASSISTANCE TO READY STAFF AND THE ORGANIZATION FOR MOUD IMPLEMENTATION | $53,179 |
MSU - OFFICE OF SPONSORED PROGRAMS PURPOSE: RURAL COMMUNITIES OPIOD RESPONSE IMPLEMENTATION SUBAWARDEE TO FULFILL THE OBJECTIVES OF THE GRANT | $47,969 |
MPCA - MONTANA PRIMARY CARE ASSOCIATION PURPOSE: HOSPITAL PREPAREDNESS PROGRAM FUNDS RELATED TO PANDEMIC | $86,727 |