Civic Intelligence

Monida Healthcare Network Resources

990 • Fiscal year 2018 • EIN 26-2011463

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 01, 2019

90 Highway 91 SouthDillon, MT 59725

(406) 829-2380

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.67x

Higher debt load relative to assets than 86% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

1.47x

Higher debt load relative to revenue than 89% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

10th percentile

-31%

Higher net margin than 10% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

39th percentile

-1.6%

Faster asset growth than 39% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

31st percentile

-3.7%

Faster revenue growth than 31% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,094,705

Up $101,559 (+10%) from 2016

Net Assets

Down

$365,543

Down $16,382 (-4.3%) from 2016

Liabilities

Up

$729,162

Up $117,941 (+19%) from 2016

Revenue

Down

$496,867

Down $82,705 (-14%) from 2016

Expenses

Up

$652,079

Up $260,089 (+66%) from 2016

Net Income

Down

-$155,212

Down $342,794 (-183%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2010: $216,770Liabilities 2010: $101,000Net Assets 2010: $115,7702010Assets 2011: $359,178Liabilities 2011: $287,135Net Assets 2011: $72,0432011Assets 2012: $456,772Liabilities 2012: $305,593Net Assets 2012: $151,1792012Assets 2013: $454,428Liabilities 2013: $299,151Net Assets 2013: $155,2772013Assets 2014: $451,261Liabilities 2014: $334,346Net Assets 2014: $116,9152014Assets 2015: $962,583Liabilities 2015: $768,240Net Assets 2015: $194,3432015Assets 2016: $993,146Liabilities 2016: $611,221Net Assets 2016: $381,9252016Assets 2018: $1,094,705Liabilities 2018: $729,162Net Assets 2018: $365,5432018Assets 2019: $958,658Liabilities 2019: $649,912Net Assets 2019: $308,7462019Assets 2020: $869,862Liabilities 2020: $601,441Net Assets 2020: $268,4212020Assets 2021: $644,886Liabilities 2021: $518,610Net Assets 2021: $126,2762021Assets 2022: $834,564Liabilities 2022: $839,989Net Assets 2022: -$5,4252022Assets 2024: $1,324,734Liabilities 2024: $1,450,605Net Assets 2024: -$125,8712024

Highlighted filing

2018

Assets$1,094,705
Liabilities$729,162
Net Assets$365,543

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $165,5842010Expenses 2011: $278,4332011Expenses 2012: $497,3202012Revenue 2013: $754,994Expenses 2013: $750,896Net Income 2013: $4,0982013Revenue 2014: $738,316Expenses 2014: $776,678Net Income 2014: -$38,3622014Revenue 2015: $511,561Expenses 2015: $434,133Net Income 2015: $77,4282015Revenue 2016: $579,572Expenses 2016: $391,990Net Income 2016: $187,5822016Revenue 2018: $496,867Expenses 2018: $652,079Net Income 2018: -$155,2122018Revenue 2019: $619,645Expenses 2019: $684,142Net Income 2019: -$64,4972019Revenue 2020: $418,566Expenses 2020: $466,413Net Income 2020: -$47,8472020Revenue 2021: $453,559Expenses 2021: $577,920Net Income 2021: -$124,3612021Revenue 2022: $405,606Expenses 2022: $515,503Net Income 2022: -$109,8972022Revenue 2024: $811,888Expenses 2024: $816,217Net Income 2024: -$4,3292024

Highlighted filing

2018

Revenue$496,867
Expenses$652,079
Net Income-$155,212
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 1, 2019
Return Version
2018v3.1
Gross Receipts
$501,879
Mission and Program Overview

Mission

MEDICAL SUPPORT

Medical support for hospitals and other providers in rural western montana to improve access to healthcare services available in larger communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$338,010$331,708▼ $6,302
Investments Program Related$209,855$227,003▲ $17,148
Savings and Temporary Cash Investments$121,407$206,228▲ $84,821
Pledges and Grants Receivable-$146,618-
Other Notes and Loans Receivable, Net$317,896$136,953▼ $180,943
Cash and Non-Interest-Bearing Accounts$117,289$46,195▼ $71,094
Land, Buildings, and Equipment, Net$8,140--
Total Assets$1,112,597$1,094,705▼ $17,892
Liabilities
Deferred Revenue$180,832$376,733▲ $195,901
Accounts Payable and Accrued Expenses$396,664$351,268▼ $45,396
Mortgage Notes Payable Secured by Investment Property$10,274--
Other Liabilities$1,000$1,161▲ $161
Total Liabilities$588,770$729,162▲ $140,392
Net Assets / Fund Balance
Unrestricted Net Assets$523,827$365,543▼ $158,284
Total Net Assets Fund Balance$523,827$365,543▼ $158,284
Total Liabilities and Net Assets / Fund Balance$1,112,597$1,094,705▼ $17,892

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$208,915$208,915
Investment Program Related Org$17,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ken WestmanCEO/presiden
Cara Harrop MdMember
Dean French MdMember
Kristin Anderson MdMember
Gregory DrapesSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$484,436
Investment Income
$12,431
Other Revenue
$0
Change in Net Assets
$-155,212
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$652,079
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$364,924--$364,924
Fees for Services Other$100,190--$100,190
Information Technology$99,753--$99,753
Fees for Services Legal$37,289$520-$37,809
Conferences and Meetings$37,520--$37,520
Depreciation Depletion$8,141--$8,141
Fees for Service Investment Mgmnt Fees-$1,789-$1,789
Fees for Services Accounting-$1,750-$1,750
Office Expenses-$203-$203
Total Functional Expenses$647,817$4,262$0$652,079
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan From Mhn$1,000
Due to Mhn$161
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The contracted accountant does an in depth review of the form 990 prior to filing. Copies of the 990 are available after filing to the board of directors.

Form 990, Page 6, Part VI, Line 12C

The board of directors must disclose at all board meetings any information that may be perceived as or is an actual conflict of interest. If a conflict of interest is noted, the board member is excused form further discussion of the matter creating the conflict.

Form 990, Page 6, Part VI, Line 19

The agency's governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Monida Healthcare Network Resources
EIN
26-2011463
Phone
4068292380
Address
90 HIGHWAY 91 SOUTH, DILLON, MT 59725

Signing Officer

Name
Gregory Drapes
Title
Secretary/treasurer
Phone
4068292380
Signed
2019-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ken Westman
Formed
2009
Legal Domicile
Mt
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Randall & Company P C
Address
PO BOX 4325, MISSOULA, MT 59806-4325
Preparer
Loren W Randall
Phone
4067285539
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

National rural accountable care organization (nraco) is a program that works with critical access hospitals (cahs) to develop rural accountable care organization. Such organization are intended to assist cahs develop value based medicine plans in rural area where populations by nature are more expensive to manage. Mhnr has received consulting services to assist in nraco programs in member cahs. This program had expenses of 5,962 and revenues of 0. Credentialing services is a vital part of the activity of mhnr in that members of mhn must meet credentialing standards to be part of that network. This program had expenses of 10,156 and revenues of 0. Mri management provides management services to monida share imaging, llc which owns and operates a mobile mri unit that is used exclusively by not- for-profit hospitals within and without the network. This activity is of general public benefit as it reduces operating costs to hospitals. This program had expenses of 11,677 and revenues of 56,774. Umia services provide group malpractice insurance to healthcare providers within mhn. The group insurance program provides general benefit to the public in that it reduces consequential costs that are passed on to the healthcare on an individual and group basis. This program had expenses of 11,429 and revenues of 101,039. It risk assessment are occasionally performed for not-for-profit critical access hospitals by mhn's it contracted director. Such services are provided at low cost and are helpful to protect valuable it security for these small hospitals. This program had expenses of 336 and revenues of 3,100.

Form 990, Part IX, Line 11G

Credentialing professionals 100,190 0 0

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IRS990/ProgSrvcAccomActyOtherGrp/Desc0NATIONAL RURAL ACCOUNTABLE CARE ORGANIZATION (NRACO) IS A PROGRAM THAT WORKS WITH CRITICAL ACCESS HOSPITALS (CAHS) TO DEVELOP RURAL ACCOUNTABLE CARE ORGANIZATION. SUCH ORGANIZATION ARE INTENDED TO ASSIST CAHS DEVELOP VALUE BASED MEDICINE PLANS IN RURAL AREA WHERE POPULATIONS BY NATURE ARE MORE EXPENSIVE TO MANAGE. MHNR HAS RECEIVED CONSULTING SERVICES TO ASSIST IN NRACO PROGRAMS IN MEMBER CAHS. THIS PROGRAM HAD EXPENSES OF 5,962 AND REVENUES OF 0. CREDENTIALING SERVICES IS A VITAL PART OF THE ACTIVITY OF MHNR IN THAT MEMBERS OF MHN MUST MEET CREDENTIALING STANDARDS TO BE PART OF THAT NETWORK. THIS PROGRAM HAD EXPENSES OF 10,156 AND REVENUES OF 0. MRI MANAGEMENT PROVIDES MANAGEMENT SERVICES TO MONIDA SHARE IMAGING, LLC WHICH OWNS AND OPERATES A MOBILE MRI UNIT THAT IS USED EXCLUSIVELY BY NOT- FOR-PROFIT HOSPITALS WITHIN AND WITHOUT THE NETWORK. THIS ACTIVITY IS OF GENERAL PUBLIC BENEFIT AS IT REDUCES OPERATING COSTS TO HOSPITALS. THIS PROGRAM HAD EXPENSES OF 11,677 AND REVENUES OF 56,774. UMIA SERVICES PROVIDE GROUP MALPRACTICE INSURANCE TO HEALTHCARE PROVIDERS WITHIN MHN. THE GROUP INSURANCE PROGRAM PROVIDES GENERAL BENEFIT TO THE PUBLIC IN THAT IT REDUCES CONSEQUENTIAL COSTS THAT ARE PASSED ON TO THE HEALTHCARE ON AN INDIVIDUAL AND GROUP BASIS. THIS PROGRAM HAD EXPENSES OF 11,429 AND REVENUES OF 101,039. IT RISK ASSESSMENT ARE OCCASIONALLY PERFORMED FOR NOT-FOR-PROFIT CRITICAL ACCESS HOSPITALS BY MHN'S IT CONTRACTED DIRECTOR. SUCH SERVICES ARE PROVIDED AT LOW COST AND ARE HELPFUL TO PROTECT VALUABLE IT SECURITY FOR THESE SMALL HOSPITALS. THIS PROGRAM HAD EXPENSES OF 336 AND REVENUES OF 3,100.
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt120000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt217000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0DA DAVIDSON
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2DUE FROM BSC
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NATIONAL RURAL ACCOUNTABLE CARE ORGANIZATION (NRACO) IS A PROGRAM THAT WORKS WITH CRITICAL ACCESS HOSPITALS (CAHS) TO DEVELOP RURAL ACCOUNTABLE CARE ORGANIZATION. SUCH ORGANIZATION ARE INTENDED TO ASSIST CAHS DEVELOP VALUE BASED MEDICINE PLANS IN RURAL AREA WHERE POPULATIONS BY NATURE ARE MORE EXPENSIVE TO MANAGE. MHNR HAS RECEIVED CONSULTING SERVICES TO ASSIST IN NRACO PROGRAMS IN MEMBER CAHS. THIS PROGRAM HAD EXPENSES OF 5,962 AND REVENUES OF 0. CREDENTIALING SERVICES IS A VITAL PART OF THE ACTIVITY OF MHNR IN THAT MEMBERS OF MHN MUST MEET CREDENTIALING STANDARDS TO BE PART OF THAT NETWORK. THIS PROGRAM HAD EXPENSES OF 10,156 AND REVENUES OF 0. MRI MANAGEMENT PROVIDES MANAGEMENT SERVICES TO MONIDA SHARE IMAGING, LLC WHICH OWNS AND OPERATES A MOBILE MRI UNIT THAT IS USED EXCLUSIVELY BY NOT- FOR-PROFIT HOSPITALS WITHIN AND WITHOUT THE NETWORK. THIS ACTIVITY IS OF GENERAL PUBLIC BENEFIT AS IT REDUCES OPERATING COSTS TO HOSPITALS. THIS PROGRAM HAD EXPENSES OF 11,677 AND REVENUES OF 56,774. UMIA SERVICES PROVIDE GROUP MALPRACTICE INSURANCE TO HEALTHCARE PROVIDERS WITHIN MHN. THE GROUP INSURANCE PROGRAM PROVIDES GENERAL BENEFIT TO THE PUBLIC IN THAT IT REDUCES CONSEQUENTIAL COSTS THAT ARE PASSED ON TO THE HEALTHCARE ON AN INDIVIDUAL AND GROUP BASIS. THIS PROGRAM HAD EXPENSES OF 11,429 AND REVENUES OF 101,039. IT RISK ASSESSMENT ARE OCCASIONALLY PERFORMED FOR NOT-FOR-PROFIT CRITICAL ACCESS HOSPITALS BY MHN'S IT CONTRACTED DIRECTOR. SUCH SERVICES ARE PROVIDED AT LOW COST AND ARE HELPFUL TO PROTECT VALUABLE IT SECURITY FOR THESE SMALL HOSPITALS. THIS PROGRAM HAD EXPENSES OF 336 AND REVENUES OF 3,100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONTRACTED ACCOUNTANT DOES AN IN DEPTH REVIEW OF THE FORM 990 PRIOR TO FILING. COPIES OF THE 990 ARE AVAILABLE AFTER FILING TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS MUST DISCLOSE AT ALL BOARD MEETINGS ANY INFORMATION THAT MAY BE PERCEIVED AS OR IS AN ACTUAL CONFLICT OF INTEREST. IF A CONFLICT OF INTEREST IS NOTED, THE BOARD MEMBER IS EXCUSED FORM FURTHER DISCUSSION OF THE MATTER CREATING THE CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE AGENCY'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CREDENTIALING PROFESSIONALS 100,190 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0810511496
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0HEALTHCARE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0MONIDA HEALTHCARE NETWORK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01200 S RESERVE ST STE H
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0MISSOULA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd059801
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0true
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
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IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0MONDIA HEALTHCARE NETWORK (MHN)IS THE FOUNDING FOR-PROFIT, MEMBERSHIP BASED ENTITY OF MONDIA HEALTHCARE NETWORK RESOURCES (MHNR). MHN'S MISSION IS TO PROVIDE COLLABORATIVE RELATIONSHIPS BETWEEN ITS MEMBERS. THE BOARD OF DIRECTORS OF MHNR IS COMPRISED OF MEMBERS, CURRENT OR FORMER, OF MHN. MHNR PAYS MHN MANGAGEMENT FEES WHICH COVERS PROGRAM STAFFING BASED ON AN HOURLY RATE BY MHN STAFF. MHN OWES MHNR FOR PRIOR SERVICES WHICH IS A NOTE RECEIVEABLE THAT MHN PAYS MHNR INTEREST ON ANNUALLY IN EITHER CASH OR IN AN ADDITION TO THE PRINICPAL OF THE NOTE RECEIVEABLE. MHNR OWES MHN 1,000 FOR ORIGINATION CAPITAL. THIS AMOUNT DOES NOT ACCRUE INTEREST.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R
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IRS990/USAddress/AddressLine1Txt0600 STATE HWY 91 S
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$1.45$0.13$0.81$0.82$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.84$0.01$0.41$0.52$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.52$0.13$0.45$0.58$0.12
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.60$0.27$0.42$0.47$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.65$0.31$0.62$0.68$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.09$0.73$0.37$0.50$0.65$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.61$0.38$0.58$0.39$0.19
2015Detailed filing. Detailed filing data is available for this year.$0.96$0.77$0.19$0.51$0.43$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.33$0.12$0.74$0.78$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.45$0.30$0.16$0.75$0.75$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.31$0.15$0.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.29$0.07$0.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.10$0.12$0.17