Monida Healthcare Network Resources

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.

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)Compensation
Cara Harrop MD
Board Member
$98,725
Taylor Rose
Sec/treasurer
$0
Gregory Drapes
Ceo/president
$0
Carla Neiman
Board Member
$0
Sarah Faaborg
Board Member
$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

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