RIMROCK FOUNDATION

EIN: 810302870 501(c)(3)

BILLINGS, MT

Total Revenue
$9,776,779
Total Expenses
$15,543,138
Total Assets
$6,300,453
Net Assets
$3,600,740
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
MT
Principal Officer
JEFFREY KELLER
Phone
4062483175
Tax Period
2023-01-01 to 2023-12-31

RIMROCK FOUNDATION, founded in 1968, is a community nonprofit that reported $9.8M in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $15.5M exceeded revenue, resulting in a 59% operating deficit.

Mission

WE CREATE OPPORTUNITY FOR THOSE IMPACTED BY ADDICTION AND MENTAL ILLNESS THROUGH INNOVATIVE, COMPASSIONATE, AND LIFE CHANGE CARE.

Program Service Accomplishments

Program 1
Expenses: $9,032,164 Revenue: $7,710,457

TREATMENT SERVICES ARE PROVIDED THROUGH THE FOLLOWING THERAPEUTIC LEVELS OF CARE: MEDICAL DETOXIFICATION, INPATIENT, PARTIAL HOSPITALIZATION, RESIDENTIAL, CRISIS STABILIZATION, INTENSIVE OUTPATIENT...

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TREATMENT SERVICES ARE PROVIDED THROUGH THE FOLLOWING THERAPEUTIC LEVELS OF CARE: MEDICAL DETOXIFICATION, INPATIENT, PARTIAL HOSPITALIZATION, RESIDENTIAL, CRISIS STABILIZATION, INTENSIVE OUTPATIENT, OUTPATIENT CARE AND PACT SERVICES. THESE LEVELS OF CARE AND THERAPEUTIC SERVICES ARE ORGANIZED TO DELIVER A STATE OF ART CONTINUUM OF CARE IN WHICH PATIENTS AND THEIR FAMILIES RECEIVE THE BROADEST RANGE OF SERVICES NECESSARY, COORDINATED IN AN INDIVIDUALIZED RECOVERY PROGRAM FOR EACH PATIENT AND FAMILY MEMBER. RIMROCK FOUNDATION HAS PIONEERED THE ADVANCED INTEGRATED MODEL OF ADDICTION TREATMENT, WHICH COMBINES THE BEST APPROACHES AVAILABLE TODAY TO TREAT PATIENTS WITH ADDICTION PROBLEMS AND CONCURRENT MENTAL ILLNESS. RIMROCK'S SINGLE GOAL IS TO ASSURE THE HIGHEST QUALITY OF CARE, USING STATE OF THE ART APPROACHES, FOR THE PURPOSE OF ENHANCING PATIENT OUTCOMES. TO ACHIEVE THIS, THE ORGANIZATION REQUIRES TRAINED PROFESSIONALS REPRESENTING ADDICTION, MEDICINE AND MENTAL HEALTH DISCIPLINES, WORKING AS A COLLABORATIVE TEAM IN WHICH EACH DISCIPLINE CONTRIBUTES AND COMMUNICATES. EACH MEMBER OF THE ORGANIZATION'S STAFF IS EXPECTED TO BE COMMITTED TO PROVIDING QUALITY CARE AND ACTIVELY PARTICIPATING IN ORGANIZATION WIDE EFFORTS TO IMPROVE PATIENT CARE.

Program 2
Expenses: $2,858,084 Revenue: $4,283,587

RIMROCK FOUNDATION PROVIDES DETOXIFICATION SERVICES TO OVER 287 CLIENTS GENERATING $920,246 OF WHICH DISCOUNTS ARE $572,357 AND FREE CARE OF $13,295 WERE PROVIDED TO CLIENTS WHO WERE DETERMINED...

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RIMROCK FOUNDATION PROVIDES DETOXIFICATION SERVICES TO OVER 287 CLIENTS GENERATING $920,246 OF WHICH DISCOUNTS ARE $572,357 AND FREE CARE OF $13,295 WERE PROVIDED TO CLIENTS WHO WERE DETERMINED UNABLE TO PAY FOR THE SERVICES. MANY TIMES THESE CLIENTS WOULD TRANSFER TO INPATIENT TREATMENT FOR ADULTS. INPATIENT SERVICES WERE PROVIDED TO 421 CLIENTS WITH REVENUES OF $7,267,128 WITH DISCOUNTS OF $4,319,318 AND FREE CARE OF $0 PROVIDED TO CLIENTS.

Program 3
Expenses: $825,540 Revenue: $1,713,435

RIMROCK FOUNDATION PROVIDES SUBSTANCE ABUSE TREATMENT FOR MEN AT THEIR WHITE BIRCH NORTH AND SOUTH FACILITIES IN BILLINGS, MT. A TOTAL OF 329 CLIENTS WERE SERVED IN 2023. REVENUES TOTALED $4,167,582...

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RIMROCK FOUNDATION PROVIDES SUBSTANCE ABUSE TREATMENT FOR MEN AT THEIR WHITE BIRCH NORTH AND SOUTH FACILITIES IN BILLINGS, MT. A TOTAL OF 329 CLIENTS WERE SERVED IN 2023. REVENUES TOTALED $4,167,582 OF WHICH $2,798,130 WERE DISCOUNTED. THESE CLIENTS ARE LOWER INCOME AND QUALIFY FOR MEDICAID.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $36,450
Program Service Revenue $14,278,624
Investment Income $-4,546,215
Other Revenue $7,920
TOTAL REVENUE $9,776,779

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,561,036
Fundraising Expenses $0
Program Expenses $12,921,599
Other Expenses $3,982,102
TOTAL EXPENSES $15,543,138

Year-over-Year Comparison

2023 2022 Change
Revenue $9,776,779 $15,557,369 -0.4%
Expenses $15,543,138 $16,083,619 0.0%
Net Income $-5,766,359 $-526,250 +10.0%
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
13
Independent Members
13
Employees
186
Volunteers
13

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
8
$535,462
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANE HEIGIS CHAIR 1.00
Officer Director
$0 $0 $0
ALLEN HALTER VICE CHAIR 1.00
Officer Director
$0 $0 $0
JIM ECKENROAD TREASURY/SECRETARY 1.00
Officer Director
$0 $0 $0
JEFFREY KELLER PAST CHAIR (TERMED 4.11.23) 1.00
Officer Director
$0 $0 $0
JANI MCCALL DIRECTOR 1.00
Director
$0 $0 $0
BILL LAMDIN DIRECTOR 1.00
Director
$0 $0 $0
JOHN ROBERTS DIRECTOR 1.00
Director
$0 $0 $0
STACY ZINN-BRITTAIN DIRECTOR 1.00
Director
$0 $0 $0
CATHY CULLEN-KUHR DIRECTOR 1.00
Director
$0 $0 $0
CECI BENTLER DIRECTOR (TERMED 10.25.23) 1.00
Director
$0 $0 $0
DANIEL BROOKS DIRECTOR 1.00
Director
$0 $0 $0
BOBBI BLAIN DIRECTOR 1.00
Director
$0 $0 $0
BRANDON SCALA DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE PINNOW DIRECTOR 1.00
Director
$0 $0 $0
ADAM LAUWERS DIRECTOR 1.00
Director
$0 $0 $0
LENNETTE KOSOVICH CEO (TERMED 06.30.23) 40.00
Officer
$310,451 $2,173 $312,624
JEFFREY KELLER CEO 40.00
Officer
$116,569 $2,806 $119,375
BURKE KUFELD CFO (TERMED 4.1.23) 40.00
Officer
$1,252 $0 $1,252
COLLEEN NUERENBERGER CFO 40.00
Officer
$102,211 $0 $102,211
FRANCES HORN-CHARNESKY DIRECTOR MENTAL HEALTH SERVICES 40.00
Highest
$105,960 $7,045 $113,005
HEATHER SWETEN REGISTERED NURSE 40.00
Highest
$114,400 $4,695 $119,095
KALEIGH ROY REGISTERED NURSE 40.00
Highest
$118,059 $4,706 $122,765
CORALEE SCHMITZ COO 40.00
Highest
$118,559 $4,857 $123,416
SHARON MULVEHILL CMO 40.00
Highest
$161,800 $0 $161,800
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 $9,776,779 $15,543,138 $6,300,453 $-5,766,359
2022 $15,557,369 $16,083,619 $12,841,492 $-526,250
2021 $16,747,690 $15,595,571 $13,752,324 $1,152,119
2020 $15,132,600 $13,050,144 $10,440,559 $2,082,456
2019 $12,908,912 $12,127,720 $8,983,346 $781,192
2018 $10,808,084 $11,998,043 $8,187,528 $-1,189,959
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