Northern Montana Health Care Inc
- Assets
- $103.9m
- Revenue
- $18.3m
- Investments
- $86.3m
- Employees
- 0
- Location
- Havre, MT
- Founding
- 09/1986
- Data as of
- 06/2021
- EIN
- 81-0428854
Organization Overview
Northern Montana Health Care Inc is located in Havre, MT. The organization was established in 1986. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Montana Health Care 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, Northern Montana Health Care Inc generated $18.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 33.8% each year . All expenses for the organization totaled $1.9m during the year ending 06/2021. 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
PROVISION OF HEALTHCARE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORTHERN MONTANA HEALTH CARE, INC. (NMHC) SUPPORTS AND ENCOURAGES HEALTH CARE SERVICES BY PROVIDING FINANCIAL AND MANAGERIAL CONSULTING ASSISTANCE TO THE FOLLOWING CONTROLLED HEALTH CARE ORGANIZATIONS:1) NORTHERN MONTANA HOSPITAL, ID# 81-02317872) NORTHERN MONTANA HEALTH CARE FOUNDATION, ID# 36-3464641NMHC PROVIDES OVERALL DIRECTION AND COORDINATES THE POLICY MAKING AND LONG-RANGE PLANNING FOR ITS SUBSIDIARIES. IT IS ORGANIZED SOLELY TO CARRY OUT THE PURPOSES OF ITS TAX-EXEMPT SUBSIDIARIES. SOME OF THE SERVICES NMHC FURNISHES TO ITS SUBSIDIARIES ARE: ACCOUNTING SERVICES, NEGOTIATION ASSISTANCE WITH RENTAL AGREEMENTS, MANAGEMENT AND HEALTHCARE CONSULTING, AND OTHER MISCELLANEOUS SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David C Henry President/ceo | OfficerTrustee | 1 | $0 |
Miles Hamilton Chair | OfficerTrustee | 1 | $0 |
David Leeds Vice Chair | OfficerTrustee | 1 | $0 |
Rick Stevens Treasurer | OfficerTrustee | 1 | $0 |
Karrie Lien MD Secretary | OfficerTrustee | 1 | $0 |
Christen Obresley Vice President | Officer | 3 | $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 | $10,436 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,436 |
| Total Program Service Revenue | $17,979,867 |
| Investment income | $166,594 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $36,777 |
| Net Gain/Loss on Asset Sales | $74,982 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,268,656 |
| 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. | $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 | $300,900 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $68,226 |
| Advertising and promotion | $2,789 |
| Office expenses | $3,230 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $80,432 |
| Travel | $1,757 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $128,056 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,172,880 |
| Insurance | $59,840 |
| All other expenses | $50 |
| Total functional expenses | $1,886,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,065,361 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,122 |
| 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 | $46,890 |
| Net Land, buildings, and equipment | $8,902,427 |
| Investments—publicly traded securities | $7,611,459 |
| Investments—other securities | $86,250,828 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,789 |
| Total assets | $103,915,876 |
| Accounts payable and accrued expenses | $16,829 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $1,693,240 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $306,001 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,201,553 |
| Total liabilities | $3,217,623 |
| Net assets without donor restrictions | $100,698,253 |
| 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 | $103,915,876 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Northern Montana Health Care Inc has recieved totaling $38.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $38 |
Endowment Analysis
| Beg. Balance | $138,215 |
| Net Contributions | $6,802 |
| Ending Balance | $145,017 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richardton Health Center Inc Richardton, ND | $6,624,824 | $4,311,351 |
Northern Montana Health Care Inc Havre, MT | $103,915,876 | $18,268,656 |
Hrmc Foundation Huron, SD | $3,566,373 | $620,258 |
Converse County Hospital Foundation Inc Douglas, WY | $1,665,301 | $303,475 |
Elkhorn Mountain Health Services Inc Boulder, MT | $169,969 | $0 |