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Bmh Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205126945 ✦ Blackfoot, ID ✦ Designated as a 501(c)(3)

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Overview

What is Bmh Inc?

Bmh Inc, headquartered at 98 Poplar Street in Blackfoot, Idaho (83221), is a dedicated healthcare provider operating a 25-bed acute care critical access hospital. This nonprofit institution offers inpatient, outpatient, emergency care, and surgical services to residents of Bingham County and surrounding areas. In the year ending December 31, 2022, they served 1,390 inpatients, 345 newborn infants, and 9,811 emergency room patients, performing a total of 10,306 surgeries. Bmh Inc provides care to those covered by governmental programs and those unable to pay, with unpaid charges amounting to 1,727,460 for charity care, 69,470,883 for Medicare, 49,855,863 for Medicaid, and 99,712,358 for other third-party payors. Committed to quality and compassionate healthcare, Bmh Inc aims to offer an effective and cost-efficient continuum of services for the benefit of Bingham County residents and visitors.


Official website here: www.binghammemorial.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95% (Four-Star out of Four Stars)

Bmh Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial management. The overall score reflects a strong focus on financial integrity, with a perfect score in several key areas including independent board members, audit oversight, and compliance with essential policies like conflict of interest and whistleblower protections.

The organization demonstrates excellent financial health, evidenced by a program expense ratio of 81.84%, which signifies that a significant portion of its resources is allocated towards its mission-driven programs. Additionally, the low liabilities to assets ratio of 51.57% highlights its effective management of financial obligations while maximizing its operational capacity.

While the data highlights many strengths, it is important to note that the rating is based solely on the accountability and finance beacon. Potential donors and stakeholders should consider this focus and look for additional information regarding the organization's programs and overall impact to gain a full understanding of its effectiveness and outreach capabilities.


This AI summary has been generated from information found on Charity Navigator.

Is Bmh Inc legitimate?

Bmh Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bmh Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $2,976,292
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,798,666

For more financial information, click here


Official website here: www.binghammemorial.org

What is the mission statement of Bmh Inc?

Bingham Memorial Hospital (BMH) is dedicated to delivering quality, compassionate healthcare services to its residents and visitors, striving for excellence in every aspect of care. The hospital operates a 25-bed acute care facility that offers inpatient, outpatient, emergency care, and surgical services. In the past year, BMH treated 1,390 inpatients, 345 newborn infants, and 9,811 emergency room patients, performing a total of 10,306 surgeries. The hospital provides care to individuals covered by governmental programs at or below cost and to those unable to pay. The hospital's uncompensated charges for charity care amounted to 1,727,460, while 69,470,883 was for Medicare, 49,855,863 for Medicaid, and 99,712,358 for other third-party payors.


Official website here: www.binghammemorial.org

Who is the CEO of Bmh Inc?

Jacob Erickson is the Physician of Bmh Inc. The CEO's salary of Bmh Inc is $549,125 and their total compensation is $558,080.


Official website here: www.binghammemorial.org

What is the revenue of Bmh Inc?

Bmh Inc's revenue in 2022 was $178,246,284.


Official website here: www.binghammemorial.org

Who are the executives of Bmh Inc and what are their salaries?

The average compensation at Bmh Inc during 2022 was $60,596. There are 1267 employees and 19 volunteers at Bmh Inc.


Here are 16 key members and their salaries (Bmh Inc's CEO's salary is $549,125 and their total compensation is $558,080):


Michael Jones (Physician)
  • Compensation: $1,230,474
  • Related: $0
  • Other: $5,310
David Peterson (Physician)
  • Compensation: $1,144,370
  • Related: $0
  • Other: $8,955
Doran Schneider (Director/Cmo)
  • Compensation: $1,071,798
  • Related: $0
  • Other: $4,412
Adam Wray (Director/Phy)
  • Compensation: $1,034,023
  • Related: $0
  • Other: $8,955
Clark Allen (Physician)
  • Compensation: $1,011,662
  • Related: $0
  • Other: $1,862
Stewart Rendon (Physician)
  • Compensation: $931,233
  • Related: $0
  • Other: $6,885
Ricky Latham (Physician)
  • Compensation: $818,141
  • Related: $0
  • Other: $7,302
Jacob Erickson (Ceo)
  • Compensation: $549,125
  • Related: $0
  • Other: $8,955
Randall Nightengale (Cfo)
  • Compensation: $290,256
  • Related: $0
  • Other: $8,760
Linda Valentine (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Reese (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christian Cannon (Treasurer/Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryce Jolley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Kotter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Sponenburgh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karalee Krehbiel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.binghammemorial.org

Where can I find the form 990 for Bmh Inc?

Bmh Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.binghammemorial.org

Learn more at the official website: www.binghammemorial.org

Mission Statement of Bmh Inc

Bmh Inc, committed to excellence, strives to deliver top-notch healthcare services to the residents and visitors of its community. With a mission to provide a continuum of quality, compassionate care in the most effective and cost-effective manner possible, the organization operates a 25-bed acute care Critical Access Hospital (CAH). This facility caters to the healthcare needs of the local population by offering inpatient, outpatient, emergency care, and surgical services.

Bmh Inc served 1,390 inpatients, 345 newborn infants, and 9,811 emergency room patients, in addition to performing 10,306 surgeries (inpatient and outpatient) during the year. The organization extends its care to those covered by governmental programs at or below cost and to individuals who are unable to pay. The uncompensated charges for providing care to these patients amounted to 1,727,460 for charity care, 69,470,883 for Medicare, 49,855,863 for Medicaid, and 99,712,358 for other third-party payors for the year ended December 31, 2022. Bmh Inc's unwavering dedication to delivering quality healthcare services in a caring and compassionate manner underscores its commitment to making a positive impact on the health and wellbeing of its community.

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Impact




October, 2024

Bmh Inc plays a vital role in the healthcare landscape of Bingham County, offering essential services that significantly impact the community’s well-being. Operating a 25-bed acute care critical access hospital, BMH provides a wide range of healthcare services, including inpatient, outpatient, emergency care, and surgical services. In the past year, the facility catered to 1,390 inpatients, welcomed 345 newborn infants, and treated 9,811 emergency room patients, while also performing an impressive 10,306 surgeries.

The hospital's commitment extends beyond basic healthcare; it strives to ensure that no one in the community is turned away due to financial hardship. By providing care to individuals covered by governmental programs at or below cost, as well as to those unable to pay, BMH has demonstrated a strong dedication to healthcare equity. In the year ending December 31, 2022, the unreimbursed charges for charity care amounted to over $1.7 million, highlighting the organization's significant contribution to supporting vulnerable populations.

Overall, Bmh Inc is a cornerstone of health services in the area, advancing community health through compassionate care, accessibility, and a commitment to excellence.




This information is meant to be a general summary of Bmh Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$178,246,284 (2022)
Expenses
$172,429,040 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $587,568
  • Program Service Revenue: $168,803,050
  • Gross Receipts: $187,746,571

Assets and Liabilities:

  • Total Assets: $143,025,087
  • Total Liabilities: $73,766,818
  • Net Assets: $69,258,269

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

NET PATIENT SERVICE REVENUE

Revenue

$167,746,777

PROGRAM RELATED INVESTMENTS

Revenue

$1,056,273

Organization Details

Founding Year

2006

Principal Officer

Jacob Erickson

Main Address

98 POPLAR STREET, BLACKFOOT, ID, 832211799

NTEE Category

Code: E220 - Health

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