Northern Rockies Medical Center Inc
- Assets
- $8.2m
- Revenue
- $5.7m
- Investments
- $121.2k
- Employees
- 134
- Location
- Cut Bank, MT
- Founding
- 11/2000
- Data as of
- 03/2022
- EIN
- 81-0530457
Organization Overview
Northern Rockies Medical Center Inc, operating under the name Logan Health - Cut Bank, is located in Cut Bank, MT. The organization was established in 2000. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 03/2022, Logan Health - Cut Bank employed 134 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Logan Health - Cut Bank 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 03/2022, Logan Health - Cut Bank generated $5.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $5.8m during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
LOGAN HEALTH-CUT BANK PROVIDES QUALITY HEALTHCARE THAT SERVES OUR COMMUNITIES IN A PRIVATE, SAFE, AND CARING ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE INPATIENT, OUTPATIENT, AND CLINICAL HEALTHCARE SERVICES TO RESIDENTS OF GLACIER COUNTY AND THE SURROUNDING AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henry Clay Chief Of Staff / Md | Trustee | 40 | $365,647 |
Bobby Lucas Fnp | 48 | $211,800 | |
Cherie Taylor President - Cut Bank | Officer | 40 | $155,514 |
Madia Rodriguez-Morales Fnp | 40 | $151,315 | |
Stanley Brammeier Fnp | 48 | $150,053 | |
Ryndee Hamilton Pharmacist | 40 | $149,950 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cardinal Health Pharmaceutical Pharmaceuticals | 3/30/22 | $259,803 |
John Hancock Retirement Plan Retirement Plan Services | 3/30/22 | $209,484 |
Logan Health Contract Services | 3/30/22 | $644,158 |
Evident Eletronic Health Record | 3/30/22 | $322,050 |
Signature Staff Contract Staffing | 3/30/22 | $207,794 |
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 | $34,036 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,036 |
| Total Program Service Revenue | $5,484,417 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,690,436 |
| 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 | $3,047,633 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $672,690 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $80,440 |
| Advertising and promotion | $8,069 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $8,389 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $237,966 |
| Insurance | $68,285 |
| All other expenses | $175,819 |
| Total functional expenses | $5,762,824 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,063,144 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,070,921 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $255,089 |
| Prepaid expenses and deferred charges | $62,723 |
| Net Land, buildings, and equipment | $1,087,843 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $121,163 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,569,650 |
| Total assets | $8,230,533 |
| Accounts payable and accrued expenses | $860,190 |
| Grants payable | $0 |
| Deferred revenue | $658,588 |
| 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 | $1,518,778 |
| Net assets without donor restrictions | $6,711,755 |
| 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 | $8,230,533 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Northern Rockies Medical Center Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Montana Health Research And Education Foundation Inc Helena, MT PURPOSE: HOSPITAL PREPAREDNESS PROGRAM FUNDS RELATED TO PANDEMIC | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Platte Community Memorial Hospital Inc Platte, SD | $26,244,701 | $18,420,342 |
Coal Country Community Health Center Beulah, ND | $16,617,016 | $15,405,413 |
Bennett County Hospital And Nursing Home Martin, SD | $10,964,954 | $14,575,541 |
Pioneer Memorial Hospital & Health Services Viborg, SD | $14,818,916 | $14,876,728 |
Wheatland Memorial Healthcare Harlowton, MT | $9,522,176 | $10,672,311 |
Benefis Community Hospitals Inc Great Falls, MT | $10,772,274 | $9,559,244 |
Bullhook Community Health Center Inc Havre, MT | $10,995,444 | $7,720,491 |
Northern Rockies Medical Center Inc Cut Bank, MT | $8,230,533 | $5,690,436 |
Dahl Memorial Healthcare Association Inc Ekalaka, MT | $5,583,325 | $7,555,532 |
Big Sandy Medical Center Inc Big Sandy, MT | $6,319,048 | $6,358,310 |
Pondera Medical Center Conrad, MT | $19,877,820 | $4,959,999 |
Idaho Hospital Association Boise, ID | $5,527,152 | $4,519,519 |