Rocky Mountain Health Care Services
- Assets
- $69.3m
- Revenue
- $106.4m
- Investments
- $0.0
- Employees
- 561
- Location
- Colorado Springs, CO
- Founding
- 03/1979
- Data as of
- 12/2023
- EIN
- 84-0765729
Organization Overview
Rocky Mountain Health Care Services is located in Colorado Springs, CO. The organization was established in 1979. According to its NTEE Classification (P44) the organization is classified as: In-Home Assistance, under the broad grouping of Human Services and related organizations. As of 12/2023, Rocky Mountain Health Care Services employed 561 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rocky Mountain Health Care Services 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 12/2023, Rocky Mountain Health Care Services generated $106.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $100.1m during the year ending 12/2023. While expenses have increased by 16.4% per year over the past 9 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
TO PROVIDE BEST IN CLASS CARE TO OLDER ADULTS HELPING THEM MAINTAIN THEIR HIGHEST LEVEL OF INDEPENDENCE POSSIBLE THROUGH A COORDINATED, HOLISTIC SUITE OF SERVICES TAILORED TO MEET THEIR HEALTHCARE AND SOCIAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAM OF ALL-INCLUSIVE CARE FOR THE ELDERLY (PACE) IS A NATIONAL MANAGED CARE PROGRAM OPERATED THROUGH FUNDING FROM MEDICARE, MEDICAID AND OTHER FEDERAL AGENCIES ON A PER MEMBER PER MONTH BASIS. AT ROCKY MOUNTAIN PACE, OUR GOAL IS TO KEEP SENIORS 55 AND OLDER IN OUR COMMUNITY INDEPENDENT AND ACTIVE FOR AS LONG AS POSSIBLE. OUR RESOURCES AT PACE ALLOW US TO PROVIDE COMPREHENSIVE CARE TO MEET ALL HEALTH CARE NEEDS OF OUR PARTICIPANTS, RANGING FROM PRIMARY AND SPECIALTY MEDICAL CARE TO HOME HEALTH CARE, AS WELL AS PROVIDING PHYSICAL THERAPY AND TRANSPORTATION TO MEDICAL AND DENTAL APPOINTMENTS. WE FOCUS ON SOCIALIZATION AND RECREATION OPPORTUNITIES THROUGH OUR DAY CENTER. IN 2023 THE PACE PROGRAM PROVIDED 11,299 MEMBER MONTHS OF SERVICE TO 980 INDIVIDUAL PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Board Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Board Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Board Member At Large | Trustee | 1 | $0 |
Name Not Listed Boar Member At Large | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Uch-mhs Memorial Health System Hospital/medical | 12/30/23 | $4,962,492 |
Penrose Hospital Hospital/medical | 12/30/23 | $2,650,984 |
Invaserv Llc Hospital/medical | 12/30/23 | $2,272,146 |
Pikes Peak Health Care Inc Hospital/medical | 12/30/23 | $2,271,520 |
Sunny Vista Living Center Hospital/medical | 12/30/23 | $1,515,148 |
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 | $124,472 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,472 |
| Total Program Service Revenue | $104,418,934 |
| Investment income | $1,262,645 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $374,362 |
| Net Gain/Loss on Asset Sales | -$48,083 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $106,394,055 |
| 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. | $986,345 |
| Compensation of current officers, directors, key employees. | $138,088 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,499,795 |
| Pension plan accruals and contributions | $1,151,829 |
| Other employee benefits | $5,942,179 |
| Payroll taxes | $2,440,011 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,713 |
| Fees for services: Accounting | $92,543 |
| Fees for services: Lobbying | $2,024 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,543,369 |
| Advertising and promotion | $280,553 |
| Office expenses | $1,034,871 |
| Information technology | $1,581,679 |
| Royalties | $0 |
| Occupancy | $947,891 |
| Travel | $361,334 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70,385 |
| Interest | $6,025 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,453,061 |
| Insurance | $461,989 |
| All other expenses | $120,794 |
| Total functional expenses | $100,138,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,136,187 |
| Savings and temporary cash investments | $8,898,850 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $915,439 |
| 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 | $1,518,993 |
| Net Land, buildings, and equipment | $24,993,948 |
| Investments—publicly traded securities | $16,644,688 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $165,905 |
| Total assets | $69,274,010 |
| Accounts payable and accrued expenses | $12,685,082 |
| Grants payable | $0 |
| Deferred revenue | $42,702 |
| 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 | $165,904 |
| Total liabilities | $12,893,688 |
| Net assets without donor restrictions | $56,380,322 |
| 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 | $69,274,010 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rocky Mountain Health Care Services Colorado Springs, CO | $69,274,010 | $106,394,055 |
Bluestem Pace Inc North Newton, KS | $5,012,624 | $11,575,099 |
Washington County Elder Care Inc Bartlesville, OK | $7,762,066 | $2,696,162 |
Hands Of The Carpenter Golden, CO | $2,740,718 | $1,940,033 |
Assistance League Of Tucson Inc Tucson, AZ | $2,965,868 | $1,297,683 |
Lending Hands Inc Artesia, NM | $737,521 | $985,366 |
Care-A-Van Services Hobbs, NM | $6,442 | $580,804 |
Help The Homeless Inc Omaha, NE | $3,229,068 | $26,500 |
Happily Ever After League Inc Scottsdale, AZ | $285,758 | $0 |
Emagine Sunshine St George, UT | $4,431 | $55,390 |
Arizona Emergency Services Association Inc Phoenix, AZ | $60,138 | $0 |
Senior Homeshares Boulder, CO | $7,164 | $0 |