Overview
What is Montrose Memorial Hospital Inc?
Montrose Memorial Hospital Inc, also known as Montrose Regional Health, is a nonprofit healthcare organization located in Montrose, Colorado. With a license for 75 beds, they offer inpatient services such as ICU, medical-surgical care, joint replacement center, and a family center. Their primary service area encompasses Montrose, Ouray, and San Miguel counties. In 2022, Montrose Memorial Hospital provided 6,573 inpatient days and wrote off $5,558,390 in charges for charity care. Committed to their mission, they aim to deliver healthcare services to their communities with excellence, compassion, and fiscal responsibility. Employing 975 individuals, Montrose Memorial Hospital is dedicated to meeting the healthcare needs of their region.
Official website here: www.montrosehealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Montrose Memorial Hospital Inc has received a perfect score of 100% from Charity Navigator, reflecting its strong accountability and financial management practices. The organization's rating is based entirely on its performance in the Accountability & Finance beacon, showcasing its commitment to transparency and sound financial stewardship.
Notably, Montrose Memorial Hospital is governed by a majority of independent board members, demonstrating a robust structure that minimizes conflicts of interest. The organization has received high marks for its financial oversight, with an audit and oversight committee that ensures integrity in its financial statements. Furthermore, the hospital has effective policies in place, including those related to conflicts of interest and whistleblower protections, contributing to its strong governance framework.
While the rating highlights the hospital's strong program expense ratio of 76.51%, indicating that a significant portion of its funds directly supports its programs, the overall data does not mention any specific limitations or areas needing improvement. This reinforces the hospital's reputation as a well-managed and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Montrose Memorial Hospital Inc?
70% of the 73 reviewers on Facebook recommend Montrose Memorial Hospital Inc. Here is a summary of their reviews:
Many individuals expressed appreciation for the compassionate care provided by the hospital staff, highlighting personal experiences that emphasize kindness and respect. For instance, one review spoke highly of the attention and solutions offered by a doctor and nurse in the emergency department, noting that the patient felt well cared for during a difficult time.
However, the mixed recommendations suggest that experiences may vary among visitors, and some may not feel as positively about their interactions. Overall, while there are commendable mentions of individual staff members and their dedication, a balanced view emerges regarding the hospital's services.
This AI summary has been generated from reviews found on Facebook.
Is Montrose Memorial Hospital Inc legitimate?
Montrose Memorial Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montrose Memorial 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: $471,290
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,634,612
For more financial information, click here
Official website here: www.montrosehealth.com
What is the mission statement of Montrose Memorial Hospital Inc?
Montrose Memorial Hospital is dedicated to delivering healthcare services to their communities with utmost excellence, compassion, and fiscal responsibility. Their mission encompasses offering top-notch healthcare services, including ICU, medical-surgical, joint replacement center, and family center. The organization served 6,573 inpatient days in the previous year, demonstrating their significant impact. Montrose Memorial Hospital is committed to providing a substantial amount of charity care, having written off $5,558,390 in charges in the same year.
Official website here: www.montrosehealth.com
Who is the CEO of Montrose Memorial Hospital Inc?
Jeff Mengenhausen is the Ceo (Deemed Officer) of Montrose Memorial Hospital Inc. The CEO's salary of Montrose Memorial Hospital Inc is $0 and their total compensation is $0.
Official website here: www.montrosehealth.com
What is the revenue of Montrose Memorial Hospital Inc?
Montrose Memorial Hospital Inc's revenue in 2022 was $158,251,644.
Official website here: www.montrosehealth.com
Who are the executives of Montrose Memorial Hospital Inc and what are their salaries?
The average compensation at Montrose Memorial Hospital Inc during 2022 was $56,519. There are 975 employees and 35 volunteers at Montrose Memorial Hospital Inc.
Here are 19 key members and their salaries (Montrose Memorial Hospital Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $617,704
- Related: $0
- Other: $39,200
- Compensation: $592,407
- Related: $0
- Other: $52,489
- Compensation: $576,068
- Related: $0
- Other: $61,853
- Compensation: $587,821
- Related: $0
- Other: $49,639
- Compensation: $580,225
- Related: $0
- Other: $50,910
- Compensation: $373,206
- Related: $0
- Other: $69,769
- Compensation: $28,315
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.montrosehealth.com
Where can I find the form 990 for Montrose Memorial Hospital Inc?
Montrose Memorial Hospital Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.montrosehealth.com
Learn more at the official website: www.montrosehealth.com
Mission Statement of Montrose Memorial Hospital Inc
Montrose Memorial Hospital Inc, a mission-driven healthcare organization, is dedicated to delivering top-notch healthcare services to its communities with utmost compassion and fiscal responsibility. The institution, licensed for 75 beds, offers inpatient services, including Intensive Care Unit (ICU), Medical-Surgical, Joint Replacement Center, and Family Center. With Montrose, Ouray, and San Miguel Counties as its primary service area, Montrose Memorial Hospital served 6,573 inpatient days in the year ending December 31, 2022. The hospital's commitment to its community extends beyond exceptional care, as it provided $5,558,390 in charity care during the same period. This remarkable figure represents the hospital's unwavering dedication to ensuring access to healthcare services for those in need.
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Impact
October, 2024
Montrose Memorial Hospital Inc. plays a crucial role in delivering essential healthcare services to the communities of Montrose, Ouray, and San Miguel counties. With 75 licensed beds, the hospital offers a wide range of inpatient services, including intensive care, medical surgical care, a joint replacement center, and family-centered services. In the year ending December 31, 2022, the hospital recorded 6,573 inpatient days, highlighting its significance as a healthcare provider in the region.
The impact of Montrose Memorial Hospital extends beyond just patient care; it embodies a commitment to community well-being and health accessibility. In the same year, the hospital provided substantial charity care, writing off $5,558,390 in charges, demonstrating its dedication to serving individuals regardless of their financial situation. This compassionate approach ensures that vital medical services are accessible to all members of the community, reinforcing the hospital's mission to provide healthcare with excellent service and fiscal responsibility. The hospital not only meets the immediate health needs of the population but also contributes to the overall health and economic stability of the region, affirming its vital importance in the local healthcare ecosystem.
This information is meant to be a general summary of Montrose Memorial 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 2022.
- Investment Income: $1,034,870
- Program Service Revenue: $148,883,231
- Gross Receipts: $159,644,393
Assets and Liabilities:
- Total Assets: $154,232,412
- Total Liabilities: $38,556,167
- Net Assets: $115,676,245
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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
$147,275,348
Income on equity Investees
Revenue
$1,603,293
OTHER PROGRAM SERVICE REVENUE
Revenue
$4,590
Organization Details
Founding Year
2010
Phone
(970) 249-2211Principal Officer
Jeff Mengenhausen
Main Address
800 SOUTH THIRD STREET, MONTROSE, CO, 81401
Website
www.montrosehealth.comNTEE Category
Code: E20 - Health
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