Overview
What is Fallon Medical Complex Inc?
Fallon Medical Complex Inc, located in Baker, Montana, is a nonprofit healthcare provider committed to serving the community, irrespective of racial, religious, or financial backgrounds. With a mission rooted in "Friends Healing Friends", the organization offers high-quality medical services, including emergency room care, acute care, swing bed services, and diagnostic imaging. Fallon Medical Complex also provides financial assistance to individuals unable to afford healthcare, as well as subsidized services for those covered by government programs. The organization, with 114 employees, strives to promote wellbeing and improve the quality of life for its patients. During the fiscal year 2022, it offered over 175 days of hospital services, 6,937 days of swing bed care, and more than 8,500 outpatient visits.
Official website here: www.fallonmedical.org
What are the reviews and ratings of this charity?
Fallon Medical Complex Inc receives a 96% score from Charity Navigator, earning it a prestigious Four-Star out of Four Star rating. This rating is based entirely on the Accountability & Finance beacon, indicating transparency and sound financial management. Their high score reflects strong governance, with a fully independent board and comprehensive financial practices.
The organization scores highly across several financial metrics, suggesting prudent fiscal management. Key highlights include a high program expense ratio of 87.29%, indicating a substantial portion of expenditures directly support their mission. Other indicators such as a low liabilities to assets ratio further emphasize their fiscal health, reinforcing public confidence in their financial practices.
However, the charity does not score on the Impact & Measurement or Culture & Community beacons, as these aspects are not currently evaluated. This means there's limited insight into their community influence or organizational culture based on available data. No user reviews from GreatNonprofits are available, so stakeholder experiences and additional qualitative feedback remain undocumented.
This AI summary has been generated from information found on Charity Navigator.
Is Fallon Medical Complex Inc legitimate?
Fallon Medical Complex Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fallon Medical Complex 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: $308,739
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,517,113
For more financial information, click here
Official website here: www.fallonmedical.org
What is the mission statement of Fallon Medical Complex Inc?
Fallon Medical Complex Inc, in its commitment to Friends Healing Friends, provides healthcare services with a focus on comfort, compassion, and the enhancement of quality of life for all individuals. The organization strives to serve its community, offering healthcare regardless of various factors such as race, creed, sex, national origin, handicap, age, or ability to pay. Understanding that not everyone can afford these essential services, Fallon Medical Complex Inc has a Financial Assistance Policy and guidelines to provide free or subsidized care and services at reduced rates for eligible individuals. The medical complex also serves Medicare and Medicaid patients, contributing to an unreimbursed value of $21,000 for the year ended June 30, 2022. Fallon Medical Complex Inc offers a range of healthcare services, including emergency room services, observation, acute care, swing bed services, and diagnostic imaging, among others.
Official website here: www.fallonmedical.org
Who is the CEO of Fallon Medical Complex Inc?
David Espeland is the President of Fallon Medical Complex Inc. The CEO's salary of Fallon Medical Complex Inc is $152,310 and their total compensation is $180,997.
Official website here: www.fallonmedical.org
What is the revenue of Fallon Medical Complex Inc?
Fallon Medical Complex Inc's revenue in 2022 was $11,768,523.
Official website here: www.fallonmedical.org
Who are the executives of Fallon Medical Complex Inc and what are their salaries?
The average compensation at Fallon Medical Complex Inc during 2022 was $33,560. There are 114 employees and 55 volunteers at Fallon Medical Complex Inc.
Here are 11 key members and their salaries (Fallon Medical Complex Inc's CEO's salary is $152,310 and their total compensation is $180,997):
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- Compensation: $152,310
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- Other: $28,687
- Compensation: $89,472
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- Other: $26,296
- Compensation: $126,794
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- Other: $26,721
Official website here: www.fallonmedical.org
Where can I find the form 990 for Fallon Medical Complex Inc?
Fallon Medical Complex Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fallonmedical.org
Learn more at the official website: www.fallonmedical.org
Mission Statement of Fallon Medical Complex Inc
Fallon Medical Complex Inc, a healthcare provider, is dedicated to delivering comfort, compassion, and excellence, with a focus on enhancing the quality of life for all individuals within its community. Adhering to its mission statement "Friends Healing Friends", Fallon Medical Complex Inc strives to serve all individuals, regardless of their race, creed, sex, national origin, handicap, age, or financial ability to pay for services. The organization recognizes that not everyone may have the means to afford essential healthcare services, and as such, it has implemented a Financial Assistance Policy and guidelines to provide free or subsidized care to eligible individuals.
In addition to its financial assistance program, Fallon Medical Complex Inc extends its services to people covered by government programs, such as Medicare and Medicaid, and offers below-cost rates for those who qualify. The organization's commitment to its community is evident in its provision of various healthcare services, including emergency room care, observation, acute care, swing bed services, lab and diagnostic imaging, and physical and occupational therapy. During the fiscal year ending June 30, 2022, Fallon Medical Complex Inc provided over 175 days of hospital services, 6,937 days of swing bed care, 1,028 ER visits, and over 8,500 outpatient visits. By offering these services, Fallon Medical Complex Inc demonstrates its dedication to ensuring that quality healthcare is accessible to all members of its community, regardless of their financial status.
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Impact
October, 2024
Fallon Medical Complex Inc significantly impacts its community by ensuring access to quality healthcare services for all residents, irrespective of their financial situation or background. The facility serves as a crucial health resource in Baker, Montana, providing essential services such as emergency care, acute care, and outpatient services, which are vital to maintaining the health and wellbeing of local populations.
With a commitment to inclusivity, FMC offers care to individuals unable to pay for medical services through its Financial Assistance Policy, thereby addressing healthcare disparities that often affect vulnerable populations. In the fiscal year ending June 30, 2022, the complex documented substantial support for the community, including significant unreimbursed care valued at $21,000 provided to Medicare and Medicaid patients. This underscores FMC's dedication to serving those most in need.
The complex operates around the clock, offering emergency room services, swing bed care, and various outpatient treatments, contributing to a comprehensive health support system. During the reporting period, FMC provided over 6,937 days of swing bed care and facilitated over 8,500 outpatient visits, reflecting its essential role in managing patient needs and promoting overall public health.
By fostering an environment built on compassion, comfort, and quality healthcare, Fallon Medical Complex actively enhances the quality of life for individuals in the community, ensuring that everyone has access to necessary medical services regardless of their economic status.
This information is meant to be a general summary of Fallon Medical Complex 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$9,088
- Program Service Revenue: $11,482,504
- Gross Receipts: $11,806,971
Assets and Liabilities:
- Total Assets: $24,617,884
- Total Liabilities: $2,008,474
- Net Assets: $22,609,410
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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
$10,925,982
County Subsidy
Revenue
$503,269
Meals on Wheels
Revenue
$49,921
Cafeteria
Revenue
$23,166
Organization Details
Founding Year
1991
Phone
(406) 778-3331Principal Officer
David Espeland
Main Address
PO Box 820, Baker, MT, 59313
Website
www.fallonmedical.orgNTEE Category
Code: E24 - Health
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