THE SUMMIT MEDICAL FITNESS CENTER

EIN: 203752312 501(c)(3) Health Care

KALISPELL, MT

Total Revenue
$4,577,840
Total Expenses
$5,428,165
Total Assets
$6,444,776
Net Assets
$2,399,695
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MT
Principal Officer
BRIGID BURKE
Phone
4067515759
Tax Period
2023-04-01 to 2023-12-31

THE SUMMIT MEDICAL FITNESS CENTER, founded in 2005, is a community nonprofit in the Health Care sector that reported $4.6M in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $5.4M exceeded revenue, resulting in a 19% operating deficit.

Mission

THE LOGAN HEATH MEDICAL FITNESS CENTER IS A COMPREHENSIVE FITNESS AND WELLNESS FACILITY, SERVING THE HEALTH AND WELLNESS NEEDS OF FLATHEAD COUNTY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,433
Program Service Revenue $4,443,308
Investment Income $-22,388
Other Revenue $154,487
TOTAL REVENUE $4,577,840

Expense Breakdown

Grants Paid $6,599
Salaries & Benefits $3,423,473
Fundraising Expenses $0
Program Expenses $5,202,817
Other Expenses $1,998,093
TOTAL EXPENSES $5,428,165

Year-over-Year Comparison

2023 2022 Change
Revenue $4,577,840 $5,812,172 -0.2%
Expenses $5,428,165 $6,997,384 -0.2%
Net Income $-850,325 $-1,185,212 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
3
Employees
176
Volunteers
N/A

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
3
$2,934,304
Total Directors
11
$2,405,486
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG LAMBRECHT SYSTEM CEO 1.25
Officer Director
$0 $37,517 $1,548,282
STANLEY MAKMAN TRUSTEE 1.00
Director
$0 $36,814 $413,391
ADAM SMITH DO TRUSTEE 1.00
Director
$0 $28,811 $443,813
RHONDA SWANEY CHAIR 3.00
Director
$0 $0 $0
MICHAEL GOGUEN VICE CHAIR 2.00
Director
$0 $0 $0
CAROL DONALDSON TRUSTEE 1.00
Director
$0 $0 $0
MICHELLE HARRIS TRUSTEE 1.00
Director
$0 $0 $0
JANE KARAS TRUSTEE 1.00
Director
$0 $0 $0
MARTHA KATZ TRUSTEE 1.00
Director
$0 $0 $0
CHARLES LUDDEN MD TRUSTEE 1.00
Director
$0 $0 $0
LARRY MCEVOY MD TRUSTEE 1.00
Director
$0 $0 $0
COLE TURNER SYSTEM CFO 1.25
Officer
$0 $29,256 $1,236,235
BRAD ROY EXECUTIVE DIRECTOR THE SUM 50.00
Officer
$129,508 $20,279 $149,787
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 No data No data No data No data
2023 $5,812,172 $6,997,384 $6,192,059 $-1,185,212
2023 $4,577,840 $5,428,165 $6,444,776 $-850,325
2022 $4,970,413 $5,678,369 $5,263,429 $-707,956
2021 $3,118,305 $4,412,060 $5,116,301 $-1,293,755
2020 $5,580,502 $5,726,667 $4,725,222 $-146,165
2019 $5,768,461 $5,907,962 $5,086,965 $-139,501
2018 $6,004,499 $6,323,628 $5,309,999 $-319,129
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