Nonprofit · EIN 84-6002707
MONTROSE MEMORIAL HOSPITAL
Tax-exempt · MONTROSE, CO 81401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $197,428,506 | $198,800,484 | -$1,371,978 | $212,571,376 | $82,863,698 | $129,707,678 |
| December 31, 2023 | 990 | $174,821,714 | $161,934,979 | $12,886,735 | $185,527,723 | $55,464,477 | $130,063,246 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $856,283
- of which government grants
- $175,867
- Program service revenue
- $193,192,459
- Investment income
- $2,398,777
- Net rental income
- $132,759
- Net gain from sales of assets
- $682,004
- Other revenue
- $980,987
Expenses
- Grants and similar amounts paid
- $73,048
- Compensation of officers, directors and key employees
- $413,384
- Other salaries and wages
- $69,109,916
- Salaries, compensation and benefits (total)
- $82,787,552
- Professional fundraising fees
- $0
- Legal fees
- $300,683
- Accounting fees
- $97,723
- Occupancy
- $4,072,015
- Travel
- $98,297
- Depreciation
- $5,946,591
- Program services (functional)
- $154,801,140
- Management and general (functional)
- $43,999,344
Balance sheet and other
- Total assets, start of year
- $185,527,723
- Total assets, end of year
- $212,571,376
- Total liabilities, end of year
- $82,863,698
- Net assets, end of year
- $129,707,678
- Land, buildings and equipment
- $75,170,625
- Publicly traded securities
- $42,560,692
- Net assets without donor restrictions
- $128,795,874
- Net assets with donor restrictions
- $911,804
- Gross receipts
- $203,654,417
- Employees
- 867
- Volunteers
- 55
- Year formed
- 2010
- State of legal domicile
- CO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ADDISON WOOD MD | PHYSICIAN Highest-paid employee | 40 | $958,115 | $72,528 |
| STEVEN EMMONS MD | PHYSICIAN Highest-paid employee | 40 | $611,906 | $74,770 |
| RHONDA PARKER MD | CHIEF MEDICAL OFFICER Highest-paid employee | 40 | $455,171 | $60,053 |
| SAMUEL HOLMES MD | PHYSICIAN Highest-paid employee | 40 | $470,005 | $378 |
| MOJGAN ARASHVAND MD | PHYSICIAN Highest-paid employee | 40 | $421,180 | $17,871 |
| PAUL PERROTTI | CFO Officer | 40 | $359,920 | $23,309 |
| MICHAEL BREZINSKY MD | DIRECTOR Trustee or director, Officer | 3 | $30,155 | $0 |
| BARB JUDD | SECRETARY END 10/24 V CHAIR BEG 10/24 Trustee or director, Officer | 3 | $0 | $0 |
| MARY VADER DO | CHAIRPERSON Trustee or director, Officer | 3 | $0 | $0 |
| JACK JOHNSTON | DIRECTOR Trustee or director | 3 | $0 | $0 |
| KAYE HOTSENPILLER | DIRECTOR Trustee or director | 3 | $0 | $0 |
| KJERSTEN DAVIS MD | DIRECTOR Trustee or director | 3 | $0 | $0 |
| REID FISHERING | DIRECTOR Trustee or director | 3 | $0 | $0 |
| SELVIN SANDOVAL | DIRECTOR Trustee or director | 3 | $0 | $0 |
| ZANDER PARKER | DIRECTOR Trustee or director | 3 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFF MENGENHAUSEN | CEO (DEEMED OFFICER) Officer | 40 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEVEN EMMONS MD | PHYSICIAN Highest-paid employee | 40 | $617,419 | $73,200 |
| MICHAEL BERGEN MD | PHYSICIAN Highest-paid employee | 40 | $565,163 | $73,200 |
| VIRGINIA TJAN MD | PHYSICIAN Highest-paid employee | 40 | $594,849 | $38,724 |
| LUTHER WEATHERS MD | PHYSICIAN Highest-paid employee | 40 | $570,074 | $27,176 |
| DERICK FENTON MD | PHYSICIAN Highest-paid employee | 40 | $503,147 | $35,700 |
| YVONNE WIGINGTON | CHIEF FINANCIAL OFFICER END 07/23 Officer | 40 | $347,395 | $39,624 |
| MICHAEL BREZINSKY MD | SECRETARY END 09/23 / DIRECTOR BEG 10/23 Trustee or director, Officer | 3 | $30,780 | $0 |
| BARB JUDD | DIRECTOR END 09/23 / Sec/Treas BEG 10/23 Trustee or director, Officer | 3 | $0 | $0 |
| JOEL LEE MD | DIRECTOR END 09/23 / VICE CHAIR BEG 10/23 Trustee or director, Officer | 3 | $0 | $0 |
| MARY VADER DO | CHAIRPERSON Trustee or director, Officer | 3 | $0 | $0 |
| SARAH ABBOTT JD | VICE CHAIR END 08/23 Trustee or director, Officer | 3 | $0 | $0 |
| ALFRED GILCHRIST | DIRECTOR Trustee or director | 3 | $0 | $0 |
| JACK JOHNSTON | DIRECTOR BEG 10/23 Trustee or director | 3 | $0 | $0 |
| KAYE HOTSENPILLER | DIRECTOR Trustee or director | 3 | $0 | $0 |
| KJERSTEN DAVIS MD | DIRECTOR Trustee or director | 3 | $0 | $0 |
| REID FISHERING | DIRECTOR Trustee or director | 3 | $0 | $0 |
| SELVIN SANDOVAL | DIRECTOR Trustee or director | 3 | $0 | $0 |
| ZANDER PARKER | DIRECTOR Trustee or director | 3 | $0 | $0 |
| JEFF MENGENHAUSEN | CEO (DEEMED OFFICER) Officer | 40 | $0 | $0 |
| Joe Minissale | CFO BEG 07/23 (DEEMED OFFICER) Officer | 40 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 800 S 3RD ST, MONTROSE, CO 81401-4212
- In care of
- % THE CORPORATION
- Principal officer (990 for 2024)
- JEFF MENGENHAUSEN CEO, 800 SOUTH THIRD STREET, MONTROSE, CO 81401
- Signed the 990
- MARY VADER, BOARD CHAIRPERSON
- Phone
- (970) 249-2211
- Website
- WWW.MONTROSEHEALTH.COM
- Return prepared by
- Forvis Mazars LLP
Mission
IT IS THE MISSION OF MONTROSE MEMORIAL HOSPITAL TO PROVIDE HEALTHCARE SERVICES TO OUR COMMUNITIES WITH EXCELLENT SERVICE, COMPASSION AND FISCAL RESPONSIBILITY.
Program accomplishments
- MONTROSE MEMORIAL HOSPITAL PROVIDES A WIDE VARIETY OF OUTPATIENT SERVICES INCLUDING EMERGENCY ROOM, MEDICAL IMAGING, CARDIOLOGY, PULMONOLOGY, ONCOLOGY, PHYSICAL THERAPY, OCCUPATIONAL THERAPY, SPEECH THERAPY, CARDIO-PULMONARY REHAB AND LABORATORY. MONTROSE MEMORIAL HAS A LEVEL III TRAUMA DESIGNATION AND WE HAVE HELICOPTER TRANSPORT SERVICES ON CAMPUS. OUR EMERGENCY ROOM IS STAFFED 24/7 WITH ER BOARD CERTIFIED PHYSICIANS. FOR THE YEAR ENDING DECEMBER 31, 2024, THE HOSPITAL HAD 143,028 OUTPATIENT VISITS.Expenses $123,840,912 · grants $58,438 · revenue $154,553,967
- 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 $26,316,194 · grants $12,418 · revenue $30,910,793
- 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 $4,644,034 · grants $2,192 · revenue $7,727,699
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-6002707
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E20)
- Assets (IRS master file)
- $212,571,376
- Income (IRS master file)
- $203,654,417
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $197,428,506 | $198,800,484 | $212,571,376 | XML |
| 990 | December 2023 | $174,821,714 | $161,934,979 | $185,527,723 | XML |
| 990 | December 2022 | $158,251,644 | $148,364,011 | $154,232,412 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-6002707).
Questions about MONTROSE MEMORIAL HOSPITAL
- What is the EIN of MONTROSE MEMORIAL HOSPITAL?
- The employer identification number (EIN) of MONTROSE MEMORIAL HOSPITAL is 84-6002707.
- Is MONTROSE MEMORIAL HOSPITAL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to MONTROSE MEMORIAL HOSPITAL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MONTROSE MEMORIAL HOSPITAL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MONTROSE MEMORIAL HOSPITAL due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MONTROSE MEMORIAL HOSPITAL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MONTROSE MEMORIAL HOSPITAL?
- The 990 for the year ended December 31, 2024 names JEFF MENGENHAUSEN CEO.
- Who are the officers and directors of MONTROSE MEMORIAL HOSPITAL?
- The 990 for the year ended December 31, 2024 lists 16 people; 7 received compensation from the organization, the highest $958,115 (ADDISON WOOD MD, PHYSICIAN).
- How much revenue does MONTROSE MEMORIAL HOSPITAL have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $197,428,506, expenses of $198,800,484 and total assets of $212,571,376 at year end.
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