Barrett Hospital Foundation Inc
- Assets
- $1.3m
- Revenue
- $525.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Dillon, MT
- Founding
- 01/1989
- Data as of
- 06/2021
- EIN
- 36-3597000
Organization Overview
Barrett Hospital Foundation Inc is located in Dillon, MT. The organization was established in 1989. 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. Barrett Hospital 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 06/2021, Barrett Hospital Foundation Inc generated $525.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $486.5k during the year ending 06/2021. While expenses have increased by 15.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FUNDRAISING FOR HOSPITAL ENDOWMENT AND PROGRAM SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BARRETT HOSPITAL FOUNDATION RAISED FUNDS IN SUPPORT OF THE SERVICES PROVIDED BY BARRETT HOSPITAL DEVELOPMENT CORPORATION. THESE FUNDS HELP TO PROVIDE TECHNOLOGICALLY UP TO DATE EQUIPMENT, BETTER SERVING PATIENTS. DURING THE CURRENT YEAR, THE FOUNDATION RAISED FUNDS AND PROVIDED $434,177 IN SUPPORT FOR SERVICES PROVIDED BY BARRETT HOSPITAL DEVELOPMENT CORPORATION, IN ADDITION TO SUPPORT PROVIDED FOR THE SOUTHWEST MONTANA MAMMOGRAPHY PROGRAM AND SCHOLARSHIP ALLOCATIONS. BARRETT HOSPITAL DEVELOPMENT CORPORATION OPERATES THE HOSPITAL FOR THE PUBLIC HOSPITAL DISTRICT FOR BEAVERHEAD COUNTY. BARRETT HOSPITAL DEVELOPMENT CORPORATION PROVIDED IN-KIND SERVICES OF $100,404 TO THE FOUNDATION DURING THE FISCAL YEAR.
THE ORGANIZATION GAVE OUT 12 SCHOLARSHIPS DURING THE FISCAL YEAR.
THE ORGANIZATION GAVE ASSISTANCE TO 76 RECIPIENTS FOR BREAST RELATED TESTS AND PROCEDURES THROUGH ITS SOUTHWEST MONTANA MAMMOGRAPHY PROGRAM.
THE BARRETT HOSPITAL FOUNDATION RAISED FUNDS IN SUPPORT OF THE SERVICES PROVIDED BY BARRETT HOSPITAL DEVELOPMENT CORPORATION. THESE FUNDS HELP TO PROVIDE TECHNOLOGICALLY UP TO DATE EQUIPMENT, BETTER SERVING PATIENTS. DURING THE CURRENT YEAR, THE FOUNDATION RAISED FUNDS AND PROVIDED $434,177 IN SUPPORT FOR SERVICES PROVIDED BY BARRETT HOSPITAL DEVELOPMENT CORPORATION, IN ADDITION TO SUPPORT PROVIDED FOR THE SOUTHWEST MONTANA MAMMOGRAPHY PROGRAM AND SCHOLARSHIP ALLOCATIONS. BARRETT HOSPITAL DEVELOPMENT CORPORATION OPERATES THE HOSPITAL FOR THE PUBLIC HOSPITAL DISTRICT FOR BEAVERHEAD COUNTY. BARRETT HOSPITAL DEVELOPMENT CORPORATION PROVIDED IN-KIND SERVICES OF $100,404 TO THE FOUNDATION DURING THE FISCAL YEAR.
THE ORGANIZATION GAVE OUT 12 SCHOLARSHIPS DURING THE FISCAL YEAR.
THE ORGANIZATION GAVE ASSISTANCE TO 76 RECIPIENTS FOR BREAST RELATED TESTS AND PROCEDURES THROUGH ITS SOUTHWEST MONTANA MAMMOGRAPHY PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Tatarka Chair | OfficerTrustee | 2 | $0 |
Kolby Malesich Vice Chair | OfficerTrustee | 2 | $0 |
Kay Roach Secretary/treasurer | OfficerTrustee | 2 | $0 |
Brooke Erb Executive Director | Officer | 25 | $0 |
Ken Westman CEO - Bhh | Officer | 2 | $0 |
Dr Kelly Smith Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $6,032 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $475,270 |
| Noncash contributions included in lines 1a–1f | $6,032 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $481,302 |
| Total Program Service Revenue | $0 |
| Investment income | $26,428 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,324 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $525,054 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $434,177 |
| Grants and other assistance to domestic individuals. | $40,937 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,779 |
| Office expenses | $7,589 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $486,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $128,087 |
| Pledges and grants receivable | $28,260 |
| Accounts receivable, net | $165 |
| 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 | $5,098 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,148,679 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,310,289 |
| Accounts payable and accrued expenses | $2,261 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $2,261 |
| Net assets without donor restrictions | $354,186 |
| Net assets with donor restrictions | $953,842 |
| 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 | $1,310,289 |
Grants Awarded
Over the last fiscal year, Barrett Hospital Foundation Inc has awarded $76,417 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PUBLIC HOSPITAL DISTRICT FOR BEAVERHEAD COUNTY PURPOSE: Support | $50,895 |
Dillon, MT PURPOSE: Capital Contributions - New Hospital Project | $25,522 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Barrett Hospital Foundation Inc has recieved totaling $8,000.
| Awarding Organization | Amount |
|---|---|
Apmac Foundation Minneapolis, MN PURPOSE: UNRESTRICTED | $5,000 |
James And Chloe Gilman Charitable Foundation Inc Butte, MT PURPOSE: COMMITMENT TO HEALTHCARE LEADERSHIP | $3,000 |
Endowment Analysis
| Beg. Balance | $234,990 |
| Earnings | $21,581 |
| Net Contributions | $19,601 |
| Ending Balance | $276,172 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montana Contractors Association Health Care Trust Billings, MT | $43,826,014 | $40,627,147 |
Pioneer Healthcare Tr Fargo, ND | $21,487,108 | $28,269,563 |
Wyoming Machinery Company Employee Medical Benefit Trust Casper, WY | $617,446 | $14,203,698 |
St Patrick Hospital Foundation Missoula, MT | $38,164,577 | $6,581,612 |
West Care Health And Welfare Benefit Trust Bozeman, MT | $15,251,463 | $3,785,858 |
St Johns Health Foundation Jackson, WY | $17,257,715 | $3,999,724 |
North Dakota Hospital Foundation Bismarck, ND | $7,414,810 | $5,236,600 |
Montana Health Research And Education Foundation Inc Helena, MT | $2,112,895 | $4,435,703 |
St Lukes Mccall Foundation Inc Mccall, ID | $4,838,602 | $1,413,102 |
Portneuf Health Trust Pocatello, ID | $172,382,785 | $35,459,650 |
Altru Health Foundation Grand Forks, ND | $17,808,212 | $5,022,342 |
Huron Clinic Foundation Inc Huron, SD | $2,964,978 | $2,959,028 |