Madison Valley Hospital Inc
- Assets
- $20.8m
- Revenue
- $16.6m
- Investments
- $0.0
- Employees
- 154
- Location
- Ennis, MT
- Founding
- 01/1956
- Data as of
- 09/2023
- EIN
- 81-0236460
Organization Overview
Madison Valley Hospital Inc, 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 09/2023, Madison Valley Medical Center employed 154 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 09/2023, Madison Valley Medical Center generated $16.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $15.9m during the year ending 09/2023. While expenses have increased by 11.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF MADISON VALLEY MEDICAL CENTER IS TO INSPIRE AND PROMOTE HEALTH AND WELLNESS FOR EACH PATIENT THROUGH EXCELLENCE IN HEALTHCARE.
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. THE PROVIDERS IN THE CLINIC HAD 8,550 VISITS. THE OBSERVATION, INPATIENT, AND SWING BED DAYS FOR THE HOSPITAL TOTAL 939 FOR FY2023.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. IN FY2023, THE AMBULANCE SERVICE RESPONDED TO 477 CALLS, WITH 151 OF THOSE CALLS BEING NON-BILLABLE.ON FEBRUARY 16, 2022, MADISON VALLEY MEDICAL CENTER OPENED A RETAIL PHARMACY TO BETTER SERVE THE ENNIS COMMUNITY. IN FY2023, THE RETAIL PHARMACY FILLED OVER 23,811 PRESCRIPTIONS.MADISON VALLEY MEDICAL CENTER ADDED PAIN MANAGEMENT PROCEDURES IN JULY 2023.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marry Oliver Chair | OfficerTrustee | 5 | $0 |
Jim Hageman Vice Chair | OfficerTrustee | 5 | $0 |
Bryant Harp Secretary | OfficerTrustee | 5 | $0 |
Dottie Fossel Former Chair | Trustee | 5 | $0 |
Karen Mcmullin Trustee | Trustee | 1.25 | $0 |
Jeff Montag Trustee | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cardinal Health Retail Pharmacy Consulting & Pharmacist | 9/29/23 | $326,225 |
One Staff Medical Nursing Travelers | 9/29/23 | $304,816 |
Billings Clinic Locum Locum Er And Clinic Providers | 9/29/23 | $167,694 |
Monida Shared Imaging Mri Services | 9/29/23 | $120,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $544,464 |
| Government grants | $229,650 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,169 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $780,283 |
| Total Program Service Revenue | $13,342,895 |
| Investment income | $349,577 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,130 |
| Net Gain/Loss on Asset Sales | -$13,042 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,613,134 |
| 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. | $373,286 |
| Compensation of current officers, directors, key employees. | $69,540 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,891,876 |
| Pension plan accruals and contributions | $114,719 |
| Other employee benefits | $726,497 |
| Payroll taxes | $534,663 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,800 |
| 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 | $2,542,816 |
| Advertising and promotion | $62,234 |
| Office expenses | $156,644 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $225,808 |
| Travel | $5,983 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,770 |
| Interest | $165,229 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,037,190 |
| Insurance | $227,971 |
| All other expenses | $283,729 |
| Total functional expenses | $15,924,724 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,370 |
| Savings and temporary cash investments | $1,846,166 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,374,185 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $546,084 |
| Prepaid expenses and deferred charges | $199,788 |
| Net Land, buildings, and equipment | $6,882,007 |
| Investments—publicly traded securities | $6,429,280 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,434,584 |
| Total assets | $20,773,464 |
| Accounts payable and accrued expenses | $1,161,709 |
| 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 | $4,740,454 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,619,244 |
| Total liabilities | $7,521,407 |
| Net assets without donor restrictions | $13,252,057 |
| 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 | $20,773,464 |