Public Charity

MONTROSE MEMORIAL HOSPITAL INC

MONTROSE MEMORIAL HOSPITAL INC is a Public Charity headquartered in MONTROSE, CO. Financial data from the 2024 filing: $197.4M revenue, $198.8M expenses, $212.6M total assets. 47 publicly reported grants to this organization, totaling roughly $1.4M, appear in IRS filings.

EIN: 846002707 MONTROSE, CO Hospitals NTEE: E20 Latest filing: 2024
Total Revenue$197.4M
Total Expenses$198.8M
Total Assets$212.6M
Grant Records47
Funding Total$1.4M
Filing Years2019–2024

Mission

IT IS THE MISSION OF MONTROSE MEMORIAL HOSPITAL TO PROVIDE HEALTHCARE SERVICES TO OUR COMMUNITIES WITH EXCELLENT SERVICE, COMPASSION AND FISCAL RESPONSIBILITY.

Where $100 goes at Montrose Memorial Hospital Inc

How Montrose Memorial Hospital Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$76 Programs the work itself
$24 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $76 for programs

$61
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
80% of program spending · Reported in the filing: 143,028 visits
$13
Montrose Memorial Hospital is licensed for 75 beds and provides inpatient services including icu, medical surgical, joint replacement center and family center
17% of program spending · Reported in the filing: 75 beds
$2
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…
3% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

$74,690
2025
PURCHASE MEDICAL EQUIPMENT TO ASSIST PATIENTS OF MONTROSE MEMORIAL HOSPITAL
$20,000
2024
FOR ORGANIZATION TO PURCHASE EQUIPMENT
$306,126
$54,261
2024
MEDICAL SUBSIDY
$15,000

Showing up to 5 of 47 total records — full history available with membership.

Officers & Directors

PHYSICIAN Addison Wood Md
SECRETARY END 10/24 V CHAIR BEG 10/24 Barb Judd
DIRECTOR Jack Johnston
CEO (DEEMED OFFICER) Jeff Mengenhausen
DIRECTOR Kaye Hotsenpiller
DIRECTOR Kjersten Davis Md

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$451,014 8 grants
Health & Medicine
$344,945 25 grants
Training & Professional Development
$12,490 1 grant
Human & Social Services
$1,500 1 grant
Unspecified
$608,373 11 grants

Financial Trends

Year Revenue Expenses Assets
2024 $197.4M $198.8M $212.6M
2023 $174.8M $161.9M $185.5M
2022 $158.3M $148.4M $154.2M
2020 $137.0M $123.2M $148.7M
2019 $129.6M $118.3M $116.0M

Between 2019 and 2024, reported annual revenue grew from $129.6M to $197.4M (+52%), with total assets most recently reported at $212.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for MONTROSE MEMORIAL HOSPITAL INC

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