Montana Hospital Association
- Assets
- $9.7m
- Revenue
- $3.6m
- Investments
- $2.8m
- Employees
- 36
- Location
- Helena, MT
- Founding
- 12/1959
- Data as of
- 12/2021
- EIN
- 81-0287203
Organization Overview
Montana Hospital Association is located in Helena, MT. The organization was established in 1959. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2021, Montana Hospital Association employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montana Hospital Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Montana Hospital Association generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. While expenses have increased by 5.5% per year over the past 7 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
TO PROVIDE SUPPORT, EDUCATION & RESOURCES TO MT HEALTH CARE PROVIDERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENTATION & ADVOCACY - THESE ARE THE CORNERSTONES OF MHA'S ACTIVITIES, AND IT IS IN THIS AREA THAT A MAJORITY OF THE ASSOCIATION'S RESOURCES ARE DIRECTED. THE PRIMARY OBJECTIVE OF REPRESENTATION AND ADVOCACY IS TO INFLUENCE THE DECISIONS MADE BY LAW-MAKERS AND REGULATORY AGENCIES IN HELENA AND WASHINGTON, D.C.
QUALITY AND INFORMATION SYSTEMS - THIS PROGRAM PROVIDES RESOURCES PERTAINING TO PUBLIC QUALITY REPORTING INITIATIVES AND ASSOCIATION DATA COLLECTION ACTIVITIES. DATA COLLECTION AND ANALYSIS SUPPORT MEMBER FACILITIES' EFFORTS TO ADAPT TO THE RAPIDLY CHANGING HEALTH CARE MARKETPLACE. THEY ALSO PROVIDE SUPPORT FOR THE ASSOCIATION'S ADVOCACY EFFORTS.
EDUCATION & CONFERENCES - MEMBER DEVELOPMENT - IN TODAY'S RAPIDLY-CHANGING HEALTH CARE ENVIRONMENT,MEETING MEMBERS' EDUCATION NEEDS IS MORE IMPORTANT THAN EVER. MHA'S EDUCATION PROGRAM, LONG A CORE SERVICE OF THE ASSOCIATION, IS DEDICATED TO MEETING THESE NEEDS. MHA OFFERS A WIDE VARIETY OF EDUCATION PROGRAMS RANGING FROM THE ANNUAL CONVENTION AND SPRING CONFERENCE TO DISTANCE LEARNING PROGRAMS ON SPECIFIC TOPICS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rich Rasmussen President | OfficerTrustee | 40 | $314,453 |
Duane Preshinger Sr Vice President | 40 | $213,332 | |
Heather O'hara Vice President | 40 | $124,506 | |
Katy Peterson VP Communications | 40 | $107,514 | |
Greg Hanson Vice Chair | OfficerTrustee | 3 | $0 |
Steve Loveless Chair | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $269,987 |
| All other contributions, gifts, grants, and similar amounts not included above | $54,925 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $324,912 |
| Total Program Service Revenue | $3,158,249 |
| Investment income | $61,974 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$87,615 |
| Net Gain/Loss on Asset Sales | $103,636 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,577,001 |
| 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. | $338,731 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $994,213 |
| Pension plan accruals and contributions | $111,197 |
| Other employee benefits | $152,774 |
| Payroll taxes | $93,173 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $172,282 |
| Fees for services: Accounting | $10,493 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,749 |
| Fees for services: Other | $304,519 |
| Advertising and promotion | $215,271 |
| Office expenses | $87,869 |
| Information technology | $158,659 |
| Royalties | $0 |
| Occupancy | $733 |
| Travel | $41,615 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $256,764 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,880 |
| Insurance | $16,579 |
| All other expenses | $0 |
| Total functional expenses | $3,077,531 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,050,342 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $64,035 |
| 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 | $92,145 |
| Net Land, buildings, and equipment | $3,574,683 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,824,802 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $115,776 |
| Total assets | $9,721,783 |
| Accounts payable and accrued expenses | $521,221 |
| Grants payable | $0 |
| Deferred revenue | $5,050 |
| 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 | $1,941,780 |
| Total liabilities | $2,468,051 |
| Net assets without donor restrictions | $7,253,732 |
| 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 | $9,721,783 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Montana Hospital Association has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: LEADERSHIP DEVELOPMENT RURAL CRITICAL ACCESS HOSPITALS CEOS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montana Hospital Association Helena, MT | $9,721,783 | $3,577,001 |
Montana Nurses Association Clancy, MT | $2,336,451 | $1,585,427 |
Idaho Medical Association Boise, ID | $3,407,801 | $1,500,865 |
Mountain Independent Hospital Alliance Great Falls, MT | $914,536 | $716,901 |
Ada Canyon Medical Education Consortium Inc Boise, ID | $0 | $15,447 |
Wyoming Medical Society Cheyenne, WY | $1,337,736 | $443,867 |
Central Association Of Obstetricians & Gynecologists Minot, ND | $1,497,162 | $314,220 |
Sd Pharmacists Association Pierre, SD | $652,449 | $284,430 |
American Academy Of Family Physicians Hazen, ND | $405,153 | $0 |
American Academy Of Family Physicians Boise, ID | $354,394 | $220,608 |
Healthcare Hospitality Network Rapid City, SD | $126,958 | $0 |
Advanced Trauma Life Support Task Force Inc Sioux Falls, SD | $83,952 | $0 |