HOLY ROSARY HEALTHCARE FOUNDATION INC

EIN: 202270238 501(c)(3)

MILES CITY, MT

Total Revenue
$666,585
Total Expenses
$6,393,742
Total Assets
$8,741,194
Net Assets
$2,684,315
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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MT
Principal Officer
BENJAMIN UHLICH
Phone
4062334043
Tax Period
2024-01-01 to 2024-12-31

HOLY ROSARY HEALTHCARE FOUNDATION INC, founded in 2003, is a small nonprofit that reported $667K in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $6.4M exceeded revenue, resulting in a 859% operating deficit.

Mission

WE REVEAL AND FOSTER GOD'S HEALING LOVE BY IMPROVING THE HEALTH OF THE PEOPLE AND COMMUNITIES WE SERVE, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.

Program Service Accomplishments

Program 1
Expenses: $6,364,553

OUR MISSION QUALITY HEALTHCARE IS ONE OF THE PILLARS FOR THE LONG-TERM SUSTAINABILITY AND GROWTH OF ANY COMMUNITY AND REGION. CHARITABLY-MINDED DONORS PARTNER WITH THE HOLY ROSARY HEALTHCARE...

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OUR MISSION QUALITY HEALTHCARE IS ONE OF THE PILLARS FOR THE LONG-TERM SUSTAINABILITY AND GROWTH OF ANY COMMUNITY AND REGION. CHARITABLY-MINDED DONORS PARTNER WITH THE HOLY ROSARY HEALTHCARE FOUNDATION TO MAKE A LASTING DIFFERENCE TOWARD HEALTH-RELATED PROJECTS, SERVICES AND SOLUTIONS IN EASTERN MONTANA. HEALTHCARE INVOLVES OUR ENTIRE LIFESPAN, FROM BRINGING CHILDREN INTO THE WORLD THROUGH END-OF-LIFE HEALTH SERVICES, AND INCLUDES A COMPLETE REALM OF SERVICES, INCLUDING HOSPICE, CANCER, DIABETES, HEART DISEASE AND MANY OTHER SPECIALTY AREAS. THE GOOD WORK OF THE HOLY ROSARY HEALTHCARE FOUNDATION HAS RIPPLING EFFECTS THROUGHOUT OUR REGION, TOUCHING A BROAD RANGE OF PEOPLE AND HEALTHCARE NEEDS.HOLY ROSARY FOUNDATION WAS STARTED IN 2003 TO SUPPORT HOLY ROSARY HEALTHCARE IN PROVIDING HEALTH SERVICES TO EASTERN MONTANA. HOLY ROSARY HEALTHCARE WAS PART OF THE SISTERS OF CHARITY OF LEAVENWORTH HEALTH SYSTEM.ON APRIL 1, 2022, INTERMOUNTAIN HEALTH CARE, INC. AND SISTERS OF CHARITY OF LEAVENWORTH HEALTH SYSTEM, INC. AFFILIATED, CREATING A MODEL HEALTH SYSTEM THAT PROVIDES HIGH-QUALITY, ACCESSIBLE, AND AFFORDABLE HEALTHCARE TO COMMUNITIES IN UTAH, IDAHO, NEVADA, COLORADO, MONTANA, AND WYOMING. THE ORGANIZATION EMPLOYS MORE THAN 68,000 CAREGIVERS, OPERATES 33 HOSPITALS (INCLUDING ONE VIRTUAL HOSPITAL), AND RUNS HUNDREDS OF CLINICS, WHILE PROVIDING HEALTH INSURANCE TO OVER ONE MILLION PEOPLE IN UTAH, IDAHO AND NEVADA.AS PART OF INTERMOUNTAIN HEALTHCARE, HOLY ROSARY HAS DIRECT ACCESS TO BEST PRACTICES, RESOURCES, TECHNOLOGY, TALENT AND STRATEGIC CAPITAL.PROGRAM FUNDINGWHEN A DONOR CONTRIBUTES TO THE FOUNDATION, THOSE DOLLARS ARE EARMARKED BASED ON THE DONOR'S WISHES AND PLACED IN A FUND CLASSIFICATION. A BRIEF DESCRIPTION OF EACH FUND IS DEFINED HERE:BEHAVIORAL HEALTHTHIS FUND SUPPORTS BEHAVIORAL HEALTH EDUCATION, OUTREACH, AND AWARENESS AT HOLY ROSARY AND BEYOND. THIS INCLUDES TRAINING AND EDUCATION FOR OUR PROVIDERS TO CARE FOR THOSE ENDURING MENTAL HEALTH CONCERNS.CAMPUS DEVELOPMENTTHIS FUND SUPPORTS PHYSICAL INVESTMENTS TO THE HOLY ROSARY COMMUNITY. THIS MAY INCLUDE RENOVATIONS, NEW FURNITURE, GROUNDS MAINTENANCE, UPKEEP OF THE STORY WALK, AND MORE.CANCER SERVICESTHE CANCER SERVICES FUND IS TO BE USED FOR SERVICES, PROJECTS, AND ENHANCEMENTS TO CANCER SERVICES IN EASTERN MONTANA. EXPENDITURES MIGHT BE USED FOR NEW EQUIPMENT, FACILITY ENHANCEMENTS, EXPANSION OF NEW SERVICES, INITIATIVES IMPACTING PATIENT COMFORT AND CARE, AND RELATED PROJECTS.CHILDREN'S HEALTHCARE & MOM/BABYTHE GIFTS TO THIS FUND SUPPORT PEDIATRIC EDUCATION, AND AWARENESS EFFORTS. THIS FUND ALSO SUPPORTS MOM & BABY CARE FOR OUR NEW FAMILIES. THIS HAS INCLUDED PARTNER/DAD BEDS IN THE BIRTHING SUITES, EDUCATION FOR OUR TEAM MEMBERS, AND PANDA INFANT WARMERS TO SUPPORT THE LITTLEST RESIDENTS OF EASTERN MONTANA.CNA SCHOLARSHIPTHIS FUND SUPPORTS THOSE IN OUR COMMUNITY WHO WORK AT HOLY ROSARY AND ARE COMMITTED TO COMPLETING THEIR CNA EDUCATION.DIABETES FUNDTHIS FUND IS FOR SUPPORT FOR DIABETES EDUCATION AND PREVENTION.EDUCATION/STAFF DEVELOPMENTTHIS FUND SUPPORTS OUR ASSOCIATES, PROVIDERS, NURSES, AND ADMINISTRATION TO RECEIVE SPECIALIZED TRAINING TO FURTHER THE SERVICES WE CAN PROVIDE IN EASTERN MONTANA. RECENT INVESTMENTS HAVE INCLUDED WOUND CARE TRAINING AND LACTATION SUPPORT TRAINING.GUARDIAN ANGEL FUNDTHIS FUND PROVIDES SUPPORT TO THE POOR AND VULNERABLE IN OUR COMMUNITY THROUGH DIRECT PATIENT ASSISTANCE. GIFTS TO THIS FUND MOST OFTEN SUPPORT TRANSPORTATION NEEDS, MEDICAL EQUIPMENT, AND OTHER NEEDS FOR PATIENTS AND THEIR FAMILIES IN NEED.HOM ENDOWED NURSING SCHOLARSHIPAN ENDOWMENT CREATED BY THE LATE JUDGE KEN HOM IN HONOR OF HIS WIFE AND NURSING PIONEER, MILLIE HOM, WHICH PROVIDES SCHOLARSHIPS FOR MONTANA RESIDENTS PURSUING NURSING AS A PROFESSION.HOSPICETHIS FUND IS TO SUPPORT OUR DYNAMIC AND HOLISTIC HOSPICE PROGRAM TO SUPPORT PATIENTS AND THEIR FAMILIES IN THE LAST PHASE OF LIFE.HUMANITARIAN AIDGIFTS TO THIS FUND PROVIDE NO-INTEREST LOANS OF UP TO $1,000 TO HOLY ROSARY EMPLOYEES/ASSOCIATES.MEN'S HEALTHGIFTS TO THIS FUND SUPPORT THE CRITICAL NEED TO EDUCATE, PROVIDE AWARENESS, AND INVEST IN TECHNOLOGY WHICH SUPPORTS PREVENTATIVE SCREENINGS AND EDUCATION.SENIOR LIVINGTHIS FUND IS TO SUPPORT OUR RESIDENTIAL LIVING FACILITY THAT IS HOME TO APPROXIMATELY 40-45 RESIDENTS. GIFTS TO THIS FUND MOST RECENTLY HAVE SUPPORTED SOME RENOVATIONS, NEW FURNITURE, AND OUR ACTIVITIES FUNDS WHICH KEEP RESIDENTS' LIVES ACTIVE AND ENGAGED.SPIRITUAL & FAITH BASEDTHIS FUND SUPPORTS OUR SPIRITUAL CARE TEAM IN PROVIDING SUPPORT TO PATIENTS, RESIDENTS, ASSOCIATES, AND THEIR FAMILIES THROUGH SPIRITUAL SUPPORT AND GUIDANCE AT HOLY ROSARY AND IN THE COMMUNITY.SURGICAL & TRAUMA SERVICESTHIS FUND SUPPORTS OUR SURGICAL AND TRAUMA SERVICES TO RENOVATE OUR SURGICAL FACILITIES TO BETTER SUPPORT EMERGENCY PROCEDURES AND OUTPATIENT SURGERIES AT HOLY ROSARY.THERAPY & REHAB CAREGIFTS TO THIS FUND SUPPORT INVESTMENTS IN OUR THERAPY AREAS, INCLUDING PHYSICAL THERAPY, RESPIRATORY THERAPY, HEALTHY LIFESTYLES, CARDIOVASCULAR REHAB, AND MORE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $120,182
Program Service Revenue $0
Investment Income $546,403
Other Revenue $0
TOTAL REVENUE $666,585

Expense Breakdown

Grants Paid $6,361,476
Salaries & Benefits $0
Fundraising Expenses $10,615
Program Expenses $6,364,553
Other Expenses $32,266
TOTAL EXPENSES $6,393,742

Year-over-Year Comparison

2024 2023 Change
Revenue $666,585 $2,331,926 -0.7%
Expenses $6,393,742 $468,097 +12.7%
Net Income $-5,727,157 $1,863,829 -4.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
5
Employees
N/A
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
7
$1,092,293
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN COSTELLO TRUSTEE (PARTIAL) 1.00
Director
$0 $177,613 $726,032
BENJAMIN UHLICH TRUSTEE (PARTIAL) 1.00
Director
$0 $94,709 $366,261
ASHLEE KETCHUM FORMER OFFICER 0.00
$0 $51,059 $184,965
CLAY ESPY TRUSTEE 1.00
Director
$0 $0 $0
MARY MARGARET FRIEND TRUSTEE 1.00
Director
$0 $0 $0
JOHN GOFF TRUSTEE 1.00
Director
$0 $0 $0
KARLA MURNIN SECRETARY & TREASURER 1.00
Officer Director
$0 $0 $0
RON SLINGER CHAIR 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $666,585 $6,393,742 $8,741,194 $-5,727,157
2023 $2,331,926 $468,097 $8,704,521 $1,863,829
2022 $4,304,637 $121,728 $6,636,131 $4,182,909
2021 $582,324 $190,863 $2,903,626 $391,461
2020 $550,122 $460,215 $2,264,405 $89,907
2019 $611,895 $532,286 $2,321,366 $79,609
2018 $618,121 $690,950 $1,902,723 $-72,829
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