Health Information Exchange Of Montana Inc
- Assets
- $2.3m
- Revenue
- $406.1k
- Investments
- $921.9k
- Employees
- 0
- Location
- Kalispell, MT
- Founding
- 05/2009
- Data as of
- 03/2023
- EIN
- 80-0414603
Organization Overview
Health Information Exchange Of Montana Inc is located in Kalispell, MT. The organization was established in 2009. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Health Information Exchange Of Montana 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 03/2023, Health Information Exchange Of Montana Inc generated $406.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $437.0k during the year ending 03/2023. 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 HEALTH INFORMATION EXCHANGE OF MONTANA WILL ADVANCE THE DELIVERY OF HEALTHCARE AND EDUCATION FOR OUR COMMUNITIES THROUGH PARTNERSHIPS AND TECHNOLOGICAL INFRASTRUCTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH INFORMATION EXCHANGE OF MONTANA CURRENTLY OPERATES A DEDICATED FIBER OPTIC HEALTHCARE NETWORK CONNECTING OVER 20 HEALTHCARE AND HEALTHCARE EDUCATION FACILITIES IN THE NORTHWEST AND NORTHCENTRAL MONTANA. WITH A SECURE, FIBER OPTIC NETWORK INFRASTRUCTURE IN PLACE, HIEM HAS BEEN ABLE TO FOCUS ON EXPANDING THE NETWORK TO MORE HEALTHCARE AND HEALTHCARE EDUCATION CUSTOMERS AS WELL AS ADDRESSING ROUTE REDUNDANCY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherri Dugan Executive Director | Officer | 26 | $110,554 |
Angela Hass President | OfficerTrustee | 1 | $0 |
Steve Todd Vice President | OfficerTrustee | 1 | $0 |
Maria Clemons Secretary/treasurer | OfficerTrustee | 1 | $0 |
Bruce Whitfield Secretary/treasurer-Part Year | OfficerTrustee | 1 | $0 |
Treasure Berkram Director | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $367,900 |
| Investment income | $22,488 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,698 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $406,086 |
| 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. | $110,554 |
| Compensation of current officers, directors, key employees. | $16,583 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,086 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $58 |
| Information technology | $137,038 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,058 |
| Interest | $752 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $167,046 |
| Insurance | $7,206 |
| All other expenses | $0 |
| Total functional expenses | $436,984 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $223,757 |
| Savings and temporary cash investments | $177,454 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $39,984 |
| 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 | $0 |
| Net Land, buildings, and equipment | $926,712 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $921,851 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $616 |
| Total assets | $2,290,374 |
| Accounts payable and accrued expenses | -$46 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | -$46 |
| Net assets without donor restrictions | $0 |
| 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 | $2,290,420 |
| Total liabilities and net assets/fund balances | $2,290,374 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Idaho Regional Optical Network Inc Boise, ID | $6,140,390 | $2,970,876 |
Montana Budget And Policy Center Helena, MT | $1,336,655 | $1,047,990 |
Northwest Hospital Alliance Coeur dAlene, ID | $275,013 | $838,512 |
Mountain States Policy Center Coeur Dalene, ID | $415,771 | $1,082,116 |
Health Information Exchange Of Montana Inc Kalispell, MT | $2,290,374 | $406,086 |
Frontier Institute Inc Helena, MT | $240,511 | $337,791 |
Montana Public Policy Center Billings, MT | $5,817 | $17,334 |
Idaho Families Inc Blackfoot, ID | $1,000 | $230 |
Think North Dakota Education Fund Bismarck, ND | $120,333 | $0 |