Hazen Memorial Hospital Association

EIN: 450308379 501(c)(3) Health Care

Hazen, ND

Total Revenue
$20,615,012
Total Expenses
$18,573,485
Total Assets
$47,167,783
Net Assets
$23,889,270
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Financial Trends

Organization Details

Formation Year
1943
Legal Domicile
ND
Principal Officer
Kurt Waldbillig
Phone
7017482225
Tax Period
2024-07-01 to 2025-06-30

Hazen Memorial Hospital Association, founded in 1943, is a mid-sized nonprofit in the Health Care sector that reported $20.6M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $18.6M left a modest 10% surplus.

Mission

Working together as partners to enhance the lives of area residents by providing a neighborhood of patient centered healthcare services that promote wellness, prevention, and care coordination.

Program Service Accomplishments

Program 1
Expenses: $14,734,255 Revenue: $17,934,197

Sakakawea Medical Center (SMC) is a 13 bed critical access hospital providing services in the following areas - acute care, observation, surgery, intermediate and skilled swing bed, emergency room...

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Sakakawea Medical Center (SMC) is a 13 bed critical access hospital providing services in the following areas - acute care, observation, surgery, intermediate and skilled swing bed, emergency room with trauma level V certification, Saturday urgent care, and hospice. Services provided by the ancillary departments include physical therapy, occupational therapy, radiology, 3D mammography, bone density, ultrasound, CT, nuclear med, MRI, laboratory, respiratory therapy, cardiac rehab, EKG, Holter Monitor, and thallium stress tests. Based on charges foregone Sakakawea Medical Center provided $90,863 in charity care. Also available to all self-pay patients, regardless of financial status, is a 30% discount policy for timely payments. SMC is a participating provider for Medicare, Medicaid, Blue Cross Blue Shield and other insurances.Sakakawea Medical Center reaches out to the communities in the service area through programs such as falls prevention classes, CPR education, ACLS classes, PALS classes, grief support groups, smoking cessation classes, occupational health, free blood pressure checks, a Christmas giving tree project, and health career presentations to high schools. SMC sponsors several community events that promote good health and wellness education including Women's World of Wellness and Mammography Marathon. Wellness screenings are provided to area schools and businesses. SMC provides community education programs on requested topics free of charge. It is important for Sakakawea Medical Center to serve our communities by providing all of their health care needs.

Program 2
Expenses: $1,192,684 Revenue: $1,175,384

Senior Suites is a basic care facility that was completed in April 1997. It is adjacent to Sakakawea Medical Center. Senior Suites can accommodate 34 residents with single or double rooms. It...

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Senior Suites is a basic care facility that was completed in April 1997. It is adjacent to Sakakawea Medical Center. Senior Suites can accommodate 34 residents with single or double rooms. It features a licensed beauty shop, activity room, spacious commons areas and an enclosed nurse's station. The rooms are set up like suites, hence the name "Senior Suites." The facility is available to those in the senior population that require a minimal amount of supervision, but do not require 24 hour services. The residents are provided with assistance for daily living and medication administration. Resident care census days totaled 5,732 this year.

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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 $714,282
Program Service Revenue $19,109,581
Investment Income $662,381
Other Revenue $128,768
TOTAL REVENUE $20,615,012

Expense Breakdown

Grants Paid $11,500
Salaries & Benefits $9,771,473
Fundraising Expenses $0
Program Expenses $15,926,939
Other Expenses $8,790,512
TOTAL EXPENSES $18,573,485

Year-over-Year Comparison

2024 2023 Change
Revenue $20,615,012 $21,892,343 -0.1%
Expenses $18,573,485 $17,204,666 +0.1%
Net Income $2,041,527 $4,687,677 -0.6%
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
12
Independent Members
11
Employees
171
Volunteers
70

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
5
$288,396
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Fred Stern President 1.00
Officer Director
$0 $0 $0
Martha Raad Vice President 1.00
Officer Director
$0 $0 $0
Rachel Connolly Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Don Lyn Erickson Director 1.00
Director
$0 $0 $0
Robin Richter Director 1.00
Director
$0 $0 $0
Todd Lindquist Director 1.00
Director
$0 $0 $0
Daren Eliason Director 1.00
Director
$0 $0 $0
Jesse Krieger Director 1.00
Director
$0 $0 $0
Myria Perry Director 1.00
Director
$0 $0 $0
Kari Cutting Director 1.00
Director
$0 $0 $0
Wayne Hoffner Director 1.00
Director
$0 $0 $0
Kayla Palmer Director as of October 1.00
Director
$0 $0 $0
Christie Obenauer-Huber Director until October 1.00
Director
$0 $0 $0
Kurt Waldbillig CEO 19.60
Officer
$166,742 $0 $166,742
Melissa Dillman CFO 36.00
Officer
$116,475 $5,179 $121,654
Michael Schmit Surgeon 40.00
Highest
$406,335 $34,512 $440,847
Carl Miller CRNA 36.00
Highest
$177,232 $38,092 $215,324
Kimberley Binstock FNP-C 48.00
Highest
$178,286 $38,204 $216,490
Teri Parker Director of Senior Suites 40.00
Highest
$121,229 $5,443 $126,672
Alyssa Wolden Pharmacist 36.00
Highest
$127,695 $15,503 $143,198
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
2025 $20,615,012 $18,573,485 $47,167,783 $2,041,527
2024 $21,892,343 $17,204,666 $45,729,985 $4,687,677
2023 $17,323,183 $16,321,958 $41,523,644 $1,001,225
2022 $17,593,721 $16,898,470 $41,240,273 $695,251
2021 $20,952,247 $16,821,736 $41,854,516 $4,130,511
2020 $16,054,021 $16,377,539 $42,712,806 $-323,518
2019 $16,586,822 $16,586,769 $39,206,345 $53
2018 $16,900,244 $15,783,360 $40,840,371 $1,116,884
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