Overview
What is Montana Children's Home & Hospital Inc?
Montana Children's Home & Hospital Inc, established in 1896, is a non-profit organization that operates a specialty hospital, Shodair Children's Hospital. This hospital, situated in Montana, offers inpatient psychiatric services to children and adolescents, as well as their families, both from Montana and other states. The primary focus of the hospital is to cater to the needs of low-income Montana children aged between 3 and 17. Additionally, the organization provides genetic testing and counseling to families, primarily in Montana.
Official website here: www.shodair.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Montana Children's Home & Hospital Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The charity's score is entirely based on its performance in the Accountability & Finance category, where it scored an impressive 94%. This high rating indicates that the organization adheres to best practices in financial management and transparency.
The organization demonstrates exemplary governance with a fully independent board consisting of 11 members, which contributes to its credibility. Additionally, it has solid financial oversight practices, with no reported material diversions of assets. The majority of its expenditures are directed towards program services, achieving a program expense ratio of nearly 80%, which signifies effective use of resources for its intended purpose.
While the financial health appears robust, with a liabilities-to-assets ratio indicating responsible management, there are no significant noted limitations in the provided data. Overall, Montana Children's Home & Hospital Inc stands out for its operational integrity and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Montana Children's Home & Hospital Inc legitimate?
Montana Children's Home & Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montana Children's Home & Hospital 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: $663,925
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,407,060
For more financial information, click here
Official website here: www.shodair.org
What is the mission statement of Montana Children's Home & Hospital Inc?
Montana Children's Home & Hospital Inc is a non-profit organization dedicated to providing psychiatric services to children and adolescents, primarily from low-income families. Established over a century ago, the hospital offers inpatient care to help young patients deal with various psychiatric issues. In addition to psychiatric services, the organization also provides genetic testing and counseling to families. By offering these essential services, Montana Children's Home & Hospital Inc aims to support the emotional and physical well-being of children and their families, ensuring they receive the necessary care and resources.
Official website here: www.shodair.org
Who is the CEO of Montana Children's Home & Hospital Inc?
Craig Aasved is the CEO of Montana Children's Home & Hospital Inc The CEO's salary of Montana Children's Home & Hospital Inc is $351,162 and their total compensation is $412,478.
Official website here: www.shodair.org
What is the revenue of Montana Children's Home & Hospital Inc?
Montana Children's Home & Hospital Inc's revenue in 2024 was $42,616,390.
Official website here: www.shodair.org
Who are the executives of Montana Children's Home & Hospital Inc and what are their salaries?
The average compensation at Montana Children's Home & Hospital Inc during 2024 was $50,161. There are 440 employees and 27 volunteers at Montana Children's Home & Hospital Inc.
Here are 22 key members and their salaries (Montana Children's Home & Hospital Inc's CEO's salary is $351,162 and their total compensation is $412,478):
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- Compensation: $351,162
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- Other: $61,316
- Compensation: $74,925
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- Other: $2,271
- Compensation: $352,404
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- Compensation: $310,540
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- Compensation: $300,713
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- Other: $58,446
- Compensation: $266,270
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- Other: $58,017
- Compensation: $102,414
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- Other: $18,531
Official website here: www.shodair.org
Where can I find the form 990 for Montana Children's Home & Hospital Inc?
Montana Children's Home & Hospital Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.shodair.org
Learn more at the official website: www.shodair.org
Mission Statement of Montana Children's Home & Hospital Inc
Montana Children's Home & Hospital Inc, established in 1896, is a voluntary, non-profit organization dedicated to providing essential psychiatric services primarily to low-income Montana children between the ages of 3 and 17. This non-sectarian specialty hospital goes above and beyond by offering not only inpatient care for these children but also extended services to their families.
The mission of Montana Children's Home & Hospital Inc is twofold. Firstly, it focuses on the provision of psychiatric care for children and adolescents in Montana and beyond. Shodair Children's Hospital, as it is also known, is a beacon of hope for families dealing with the complexities of mental health issues in their young ones. By offering inpatient services, the organization enables these children to receive the care and attention they need to address their unique psychological needs and improve their overall wellbeing.
Secondly, Montana Children's Home & Hospital Inc extends its reach to Montana families by providing genetic testing and counseling services. These crucial offerings empower families with valuable information, allowing them to make informed decisions regarding their children's health and future. By integrating these services into their mission, the organization takes a holistic approach to addressing the mental health needs of Montana's youth and their families, ensuring they receive the best possible care and support during challenging times.
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Impact
October, 2024
Montana Children's Home & Hospital Inc plays a crucial role in addressing mental health needs among children and adolescents in Montana. Focusing primarily on low-income families, the organization provides vital inpatient psychiatric services for children aged 3-17. Established in 1896, it has a long history of delivering specialized care in a supportive environment.
The impact of the institution extends beyond just psychiatric care; it also includes genetic testing and counseling, which helps families understand and manage hereditary conditions. By offering these services, Montana Children's Home & Hospital Inc not only aids in immediate mental health crises but also supports long-term wellness and understanding of genetic factors affecting children and their families.
Through its commitment to serving vulnerable populations, the organization enhances the mental health landscape in Montana, ensuring that children and adolescents receive the care they need regardless of their financial situation. This holistic approach to mental health challenges fosters resilience and well-being in young individuals, making a significant difference in their lives and their families.
This information is meant to be a general summary of Montana Children's Home & Hospital 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 2024.
- Investment Income: $809,613
- Program Service Revenue: $29,477,423
- Gross Receipts: $50,559,492
Assets and Liabilities:
- Total Assets: $121,613,296
- Total Liabilities: $64,040,014
- Net Assets: $57,573,282
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ACUTE SERVICES
Revenue
$17,299,365
RESIDENTIAL TREATMENT SERVICES
Revenue
$5,594,607
GENETICS SERVICES
Revenue
$4,516,927
SCHOOL BASED SERVICES
Revenue
$1,762,547
PHARMECEUTICAL REVENUE
Revenue
$262,027
Organization Details
Founding Year
1942
Principal Officer
Craig Aasved
Website
www.shodair.orgNTEE Category
Code: F310 - Mental health
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