NonprofitsMontrose Memorial Hospital

Health Care

Montrose Memorial Hospital

MONTROSE, CO

Total revenue

$197.4M

Total expenses

$198.8M

Net assets

$129.7M

Grants received

$1.0M

44 grants

EIN

846002707

Tax year

2024

Mission

It is the mission of montrose memorial hospital to provide healthcare services to our communities with excellent service, compassion and fiscal responsibility.

Programs

2 programs

Montrose memorial hospital is licensed for 75 beds and provides inpatient services including icu, medical surgical, joint replacement center and family center. The primary service area is montrose, ouray and san miguel counties. Montrose memorial had 9,063 inpatient days for the year ending december 31, 2024. Montrose memorial provides a significant amount of charity care an wrote off $1,468,000 in charges for the year ending december 31, 2024.

Expenses: $26.3MGrants: $12K

Montrose memorial operates an acute rehabilitation unit that provides services as a continuum of care for patients that need additional time and rehabilitation after a hospital stay before they can go to a lower level of care or home. Our goal, at montrose memorial hospital, is to help patients get back to life, family and friends as quickly as possible. Working with each patient and their family, the rehabilitation team designs a highly individualized treatment plan that focuses on potential, not on limitations. This progressive approach strives to meet the needs of the patient and their family involved in the rehabilitation process.

Expenses: $4.6MGrants: $2K

Financials

FY 2024

Revenue

Contributions & grants$856K
Program service revenue$193.2M
Investment income$2.4M
Other revenue$981K
Total revenue$197.4M

Expenses

Grants paid$73K
Salaries & benefits$82.8M
Fundraising
Other expenses$115.9M
Total expenses$198.8M
Total assets$212.6M
Net assets$129.7M

People

16 listed

NameRoleCompensation

PAUL PERROTTI

CFO

Board

$360K

40 hrs/wk

MICHAEL BREZINSKY MD

DIRECTOR

Board

$30K

3 hrs/wk

BARB JUDD

SECRETARY END 10/24 V CHAIR BEG 10/24

Board

3 hrs/wk

JEFF MENGENHAUSEN

CEO (DEEMED OFFICER)

Board

40 hrs/wk

ZANDER PARKER

DIRECTOR

Board

3 hrs/wk

MARY VADER DO

CHAIRPERSON

Board

3 hrs/wk

JACK JOHNSTON

DIRECTOR

Board

3 hrs/wk

KAYE HOTSENPILLER

DIRECTOR

Board

3 hrs/wk

KJERSTEN DAVIS MD

DIRECTOR

Board

3 hrs/wk

REID FISHERING

DIRECTOR

Board

3 hrs/wk

SELVIN SANDOVAL

DIRECTOR

Board

3 hrs/wk

ADDISON WOOD MD

PHYSICIAN

Staff

$958K

40 hrs/wk

STEVEN EMMONS MD

PHYSICIAN

Staff

$612K

40 hrs/wk

SAMUEL HOLMES MD

PHYSICIAN

Staff

$470K

40 hrs/wk

RHONDA PARKER MD

CHIEF MEDICAL OFFICER

Staff

$455K

40 hrs/wk

MOJGAN ARASHVAND MD

PHYSICIAN

Staff

$421K

40 hrs/wk

Independent contractors

INTERMOUNTAIN HEALTH

RADIATION SERVICES

$6.6M

HEALTHTRUST WORKFORCE SOLUTIONS

WORKFORCE SOLUTIONS

$3.4M

MEDEFIS

WORKFORCE SYSTEM

$1.9M

COMMUNITY HOSPITAL CORPORATION

CONSULTING

$1.1M

HOSPITAL SHARED SERVICES

SECURITY

$868K

Grants received

Showing 44 of 44

FromAmountPurposeYear
$306K
FOR ORGANIZATION TO PURCHASE EQUIPMENT
2024
$54K
AID TO CHILDREN
2024
$15K
MEDICAL SUBSIDY
2024
$10K
PURCHASE MEDICAL EQUIPMENT TO ASSIST PATIENTS OF MONTROSE MEMORIAL HOSPITAL
2024
$26K
AID TO CHILDREN
2023
$15K
MEDICAL SUBSIDY
2023
$10K
PURCHASE MEDICAL EQUIPMENT TO ASSIST PATIENTS OF MONTROSE MEMORIAL HOSPITAL.
2023
$6K
MEDICAL EQUIPMENT
2023
$3K
CHARITABLE CONTRIBUTION
2023
$3K
MEDICAL PRACTICE
2023
$32K
AID TO CHILDREN
2022
$21K
CARDIOPULMONARY REHAB EQUIPMENT
2022
$20K
PURCHASE MEDICAL EQUIPMENT TO ASSIST PATIENTS OF MONTROSE MEMORIAL HOSPITAL.
2022
$15K
MEDICAL SUBSIDY
2022
$15K
HOSPITALS
2022
$14K
MEDICAL EQUIPMENT
2022
$5K
MEDICAL PRACTICE
2022
$3K
CHARITABLE CONTRIBUTION
2022
$68K
AID TO CHILDREN
2021
$18K
PURCHASE MEDICAL EQUIPMENT TO ASSIST PATIENTS OF MONTROSE MEMORIAL HOSPITAL.
2021
$15K
MEDICAL SUBSIDY
2021
$15K
STAFF HEALTH & WELLNESS
2021
$3K
MEDICAL PRACTICE
2021
$3K
CHARITABLE CONTRIBUTION
2021
$53K
AID TO CHILDREN
2020
$50K
SUPPORT OPERATIONS
2020
$28K
Support Organization
2020
$15K
MEDICAL SUBSIDY
2020
$13K
PURCHASE MEDICAL EQUIPMENT TO ASSIST PATIENTS OF MONTROSE MEMORIAL HOSPITAL.
2020
$10K
CHARITABLE PURPOSE
2020
$10K
COVID-19 SPECIFIC RESPONSE
2020
$3K
CHARITABLE CONTRIBUTION
2020
$3K
MEDICAL PRACTICE
2020
$15K
MEDICAL SUBSIDY
2019
$9K
PURCHASE MEDICAL EQUIPMENT TO ASSIST PATIENTS OF MONTROSE MEMORIAL HOSPITAL.
2019
$9K
OPERATIONAL SUPPORT
2019
$5K
MEDICAL PRACTICE
2019
$76K
AID TO CHILDREN
2018
$15K
MEDICAL SUBSIDY
2018
$12K
PURCHASE MEDICAL EQUIPMENT TO ASSIST PATIENTS OF MONTROSE MEMORIAL HOSPITAL.
2018
$5K
SUPPLIES FOR ENHANCING THE EXPERIENCE OF LEARNERS WHO PARTICIPATE IN SCENARIOS IN THE SIMULATION LAB.
2018
$3K
CHARITABLE CONTRIBUTION
2018
$5K
TO PROVIDE HIGH QUALITY ACCESSIBLE HEALTHCARE FOR THE PEOPLE OF MONTROSE COUNTY AND SURROUNDING AREAS.
2017

Funded by

$1.0M from 13 funders · 44 grants · 2017–2024

San Juan Healthcare Foundation Inc

$376K · 4 grants · 2020–2024

Scottish Rite Foundation

$310K · 6 grants · 2018–2024

Western Regional Ems Council Inc

$105K · 7 grants · 2018–2024

Bonnie Langston Memorial Medical

$90K · 7 grants · 2018–2024

Rocky Mountain Health Foundation

$30K · 3 grants · 2018–2021

Colorado Hospital Association

$28K · 1 grant · 2020

Muchnic Foundation

$23K · 6 grants · 2017–2023

Nextfifty Initiative

$21K · 1 grant · 2022

Details

EIN846002707
NTEE codeE20
Subsection03
Ruling date2013-03
Formed2010
Employees867
Volunteers55
MONTROSE MEMORIAL HOSPITAL — Mission, Financials & Grants Received | Grantivo