Overview
What is Cmc Missoula Inc?
After selling its hospital operations to RegionalCare Hospital Partners in January 2015, Cmc Missoula Inc has been focusing on fulfilling post-sale responsibilities as outlined in the Asset Purchase and Monitoring Agreements. This nonprofit organization, based in Missoula, Montana, has dedicated its efforts to carrying out obligations and duties specified in the agreement, ensuring a smooth transition following the sale. The primary objective of Cmc Missoula Inc post-closure is to adhere to the terms set forth in the asset purchase agreement.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating.
Cmc Missoula Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency. The organization has an impressive score for having a fully independent board and a strong program expense ratio, which suggests that all of its expenses are directed towards its programs. However, the absence of financial statements and several missing policies detracts from its overall rating.
The organization has a solid governance structure, as evidenced by its 100% independent board members, ensuring that decisions are made without conflicts of interest. While the presence of board meeting minutes indicates good practices, the lack of key documents such as a whistleblower policy and a conflict of interest policy detracts from its credibility.
Despite its strengths, Cmc Missoula Inc needs to improve its transparency by posting financial statements and other required documents on its website. This would enhance its accountability and provide potential donors with the information they need to make informed decisions.
This AI summary has been generated from information found on Charity Navigator.
Is Cmc Missoula Inc legitimate?
Cmc Missoula Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cmc Missoula 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: $20,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Cmc Missoula Inc?
Cmc Missoula Inc's primary role is to fulfill post-closing duties and obligations as outlined in the Asset Purchase Agreement, following the sale of their hospital operations to RegionalCare Hospital Partners in January 2015. Since then, their activities have included executing post-sale responsibilities in accordance with the Asset Purchase and Monitoring Agreements. Essentially, the company's mission is to adhere to the terms of the agreement post-sale, ensuring a smooth transition and fulfilling all obligations to the previous owners.
Who is the CEO of Cmc Missoula Inc?
Scott Hacker is the Board Chair of Cmc Missoula Inc.
What is the revenue of Cmc Missoula Inc?
Cmc Missoula Inc's revenue in 2023 was $777,995.
Who are the executives of Cmc Missoula Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
Where can I find the form 990 for Cmc Missoula Inc?
Cmc Missoula Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Cmc Missoula Inc
Cmc Missoula Inc, following the sale of its hospital operations to RegionalCare Hospital Partners in January 2015, has dedicated its activities towards fulfilling post-closing duties and obligations as outlined in the Asset Purchase and Monitoring Agreements. The organization's primary mission is to ensure compliance with the terms stipulated in these agreements, thus upholding its commitments and responsibilities post-sale. In essence, Cmc Missoula Inc serves to bridge the gap between the former and current ownership, ensuring a smooth transition and adherence to the agreed-upon terms.
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Impact
July, 2024
CMC Missoula Inc's impact lies in effectively executing post-sale responsibilities in accordance with the asset purchase and monitoring agreements following the sale of hospital operations to RegionalCare Hospital Partners in January 2015. This not only ensures that all obligations are fulfilled but also contributes to the smooth transition and operational continuity in the healthcare sector in Missoula, MT. Their focused efforts in this area highlight the importance of upholding agreements and maintaining the integrity of healthcare service delivery in the region.
This information is meant to be a general summary of Cmc Missoula 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 2023.
- Investment Income: $208,555
- Gross Receipts: $820,403
Assets and Liabilities:
- Total Assets: $5,989,462
- Total Liabilities: $502,442
- Net Assets: $5,487,020
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Organization Details
Founding Year
1948
Phone
(406) 728-4100Principal Officer
Scott Hacker
Main Address
PO BOX 4091, MISSOULA, MT, 59806
NTEE Category
Code: E220 - Health
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