Monida Healthcare Network Resources
- Assets
- $994.4k
- Revenue
- $495.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Missoula, MT
- Founding
- 01/2009
- Data as of
- 12/2023
- EIN
- 26-2011463
Organization Overview
Monida Healthcare Network Resources is located in Missoula, MT. The organization was established in 2009. According to its NTEE Classification (E70) the organization is classified as: Public Health, 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. Monida Healthcare Network Resources 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 12/2023, Monida Healthcare Network Resources generated $495.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $621.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MEDICAL SUPPORT FOR HOSPITALS AND OTHER PROVIDERS IN RURAL WESTERN MONTANA TO IMPROVE ACCESS TO HEALTHCARE SERVICES AVAILABLE IN LARGER COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLINICAL INTEGRATED NETWORK IS CRITICAL FOR THE MEMBERS OF MHN AND MEMBER NON-PROFIT HOSPITALS. THE IMPACT OF DEVELOPING A CIN IS DEEMED AS A SIGNIFICANT PUBLIC BENEFIT DUE TO THE INTENTION OF REDUCING HEALTHCARE COSTS BY MANAGING CHRONIC CONDITIONS IN A COORDINATED MANNER BETWEEN NETWORK PROVIDERS.
PEER REVIEW SERVICES SERVE TO IMPROVE THE QUALITY OF CARE PROVIDED IN HOSPITALS THAT HAVE THE POTENTIAL OF REDUCING HEALTHCARE COSTS WITHIN THE NETWORK AND BEYOND AS PROVIDED TO HOSPITALS OUT OF THE NETWORK. BOTH ACTIVITIES ARE OF SPECIFIC AND GENERAL PUBLIC BENEFIT. EXPENSES ARE PROFESSIONAL FEES PAYABLE TO MONIDA HEALTHCARE NETWORK FOR MONIDA STAFF TIME BY EMPLOYEES PERFORMING PER REVIEW SERVICES.
MRI MANAGEMENT - MHNR PROVIDES MANAGEMENT SERVICES TO MONIDA SHARED IMAGING, LLC, WHICH OWNS AND OPERATES A MOBILE MRI UNIT THAT IS USED EXCLUSIVELY BY NOT-FOR-PROFIT HOSPITALS WITHIN AND WITHOUT THE NETWORK. THIS ACTIVITY IS OF GENERAL PUBLIC BENEFIT AS IT REDUCES OPERATING COSTS TO HOSPITALS. EXPENSES ARE PROFESSIONAL FEES CHARGED ON AN HOURLY BASIS BASED ON PROFESSIONAL RATES ADOPTED BY MHN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cara Harrop MD Board Member | Trustee | 2 | $98,725 |
Taylor Rose Sec/treasurer | OfficerTrustee | 2 | $0 |
Gregory Drapes Ceo/president | OfficerTrustee | 2 | $0 |
Carla Neiman Board Member | Trustee | 2 | $0 |
Sarah Faaborg Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $490,845 |
| Investment income | $7,899 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,368 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $495,376 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $98,725 |
| Compensation of current officers, directors, key employees. | $26,781 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $446,516 |
| Fees for services: Legal | $3,208 |
| Fees for services: Accounting | $1,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,378 |
| Fees for services: Other | $61,308 |
| Advertising and promotion | $94 |
| Office expenses | $840 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,823 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,000 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $621,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,033 |
| Savings and temporary cash investments | $333,054 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $182,391 |
| 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 | $6,848 |
| Net Land, buildings, and equipment | $18,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $356,390 |
| Intangible assets | $0 |
| Other assets | $25,690 |
| Total assets | $994,406 |
| Accounts payable and accrued expenses | $586,552 |
| Grants payable | $0 |
| Deferred revenue | $373,228 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $156,710 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,116,490 |
| Net assets without donor restrictions | -$122,084 |
| Net assets with donor restrictions | $0 |
| 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 | $994,406 |