Madison Valley Hospital Association
- Assets
- $21.0m
- Revenue
- $14.4m
- Investments
- $0.0
- Employees
- 107
- Location
- Ennis, MT
- Founding
- 01/1956
- Data as of
- 09/2021
- EIN
- 81-0236460
Organization Overview
Madison Valley Hospital Association, operating under the name Madison Valley Medical Center, is located in Ennis, MT. The organization was established in 1956. 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 09/2021, Madison Valley Medical Center employed 107 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison Valley 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 09/2021, Madison Valley Medical Center generated $14.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $10.9m during the year ending 09/2021. While expenses have increased by 8.0% 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
THE MISSION OF MADISON VALLEY MEDICAL CENTER IS TO PROVIDE HEALTHCARE AND HOSPITAL SERVICES TO THE LOCAL COMMUNITY AND SURROUNDING AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MADISON VALLEY MEDICAL CENTER PROVIDES HEALTHCARE AND HOSPITAL SERVICES TO THE LOCAL COMMUNITY AND SURROUNDING AREA. ON MAY 1, 2021, THE CITY COMMISSION OF ENNIS, MONTANA CONVEYED ITS AMBULANCE RELATED ASSETS TO THE HOSPITAL IN RETURN FOR THE HOSPITAL'S COMMITMENT TO CONTINUE TO PROVIDE EMERGENCY AMBULANCE TRANSPORTATION SERVICES IN THE ENNIS COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Newton Md | 40 | $266,683 | |
Maura Davenport Md | 40 | $256,057 | |
Allen Rohrback CEO | Officer | 40 | $204,100 |
Rd Marks Md | 40 | $194,194 | |
Martin Hensel Pa | 40 | $139,410 | |
Martin Degroot Np | 40 | $130,667 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cypress Healthcare Llc Management | 9/29/18 | $321,572 |
Intercity Radiology Pc Radiology | 9/29/18 | $195,687 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $330,774 |
| Government grants | $1,753,291 |
| All other contributions, gifts, grants, and similar amounts not included above | $272,159 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,356,224 |
| Total Program Service Revenue | $10,238,511 |
| Investment income | $195,103 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,120 |
| Net Gain/Loss on Asset Sales | $32,132 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,432,111 |
| 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. | $209,728 |
| Compensation of current officers, directors, key employees. | $34,248 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,494,538 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $517,493 |
| Payroll taxes | $420,858 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,846 |
| 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 | $1,464,451 |
| Advertising and promotion | $115,164 |
| Office expenses | $122,296 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $111,297 |
| Travel | $28,007 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,516 |
| Interest | $150,649 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $676,366 |
| Insurance | $159,652 |
| All other expenses | $302,108 |
| Total functional expenses | $10,913,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,845 |
| Savings and temporary cash investments | $4,906,681 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,606,936 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $328,825 |
| Prepaid expenses and deferred charges | $41,693 |
| Net Land, buildings, and equipment | $6,538,745 |
| Investments—publicly traded securities | $6,204,418 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $251,745 |
| Total assets | $21,002,888 |
| Accounts payable and accrued expenses | $1,128,216 |
| Grants payable | $0 |
| Deferred revenue | $2,845,171 |
| 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 | $4,480,287 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,453,674 |
| Net assets without donor restrictions | $12,549,214 |
| 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 | $21,002,888 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Madison Valley Hospital Association has recieved totaling $60,145.
| Awarding Organization | Amount |
|---|---|
Montana Healthcare Foundation Bozeman, MT PURPOSE: INTEGRATED BEHAVIORAL HEALTH | $25,000 |
Montana Healthcare Foundation Bozeman, MT PURPOSE: INTEGRATED BEHAVIORAL HEALTH | $25,000 |
American Heart Association Inc Dallas, TX PURPOSE: STROKE PROGRAMS | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $145 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Lukes Community Hospital Ronan, MT | $102,288,723 | $60,917,929 |
Mckenzie County Healthcare Systems Inc Watford City, ND | $109,663,436 | $42,844,188 |
Central Montana Medical Facilities Inc Lewistown, MT | $47,226,831 | $56,345,229 |
Huron Regional Medical Center Inc Huron, SD | $106,593,716 | $43,997,779 |
St Lukes Mccall Ltd Boise, ID | $67,484,684 | $51,188,211 |
Barrett Hospital Development Corporation Dillon, MT | $67,300,968 | $44,328,208 |
Madison Community Hospital Madison, SD | $57,143,518 | $33,809,364 |
Frances Mahon Deaconess Hospital Glasgow, MT | $90,280,300 | $43,023,502 |
Northeast Montana Health Services Inc Wolf Point, MT | $54,863,112 | $35,417,380 |
Hot Springs County Hospital Dist Thermopolis, WY | $55,349,867 | $32,839,713 |
West River Health Services Hettinger, ND | $34,739,772 | $30,937,154 |
Winner Regional Healthcare Center Winner, SD | $30,381,417 | $28,242,551 |