ROCKY MOUNTAIN HEALTH FOUNDATION

EIN: 841424932 501(c)(3) Health Care

GRAND JUNCTION, CO

Total Revenue
$28,200,255
Total Expenses
$3,826,369
Total Assets
$91,706,196
Net Assets
$91,506,020
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
CO
Principal Officer
MICHAELLE SMITH
Phone
9706448188
Tax Period
2021-01-01 to 2021-12-31

ROCKY MOUNTAIN HEALTH FOUNDATION, founded in 1998, is a mid-sized nonprofit in the Health Care sector that reported $28.2M in total revenue in fiscal year 2021. Revenue surged 1666% from the prior year, signaling strong growth momentum. The organization ran a surplus of $24.4M, a strong 86% operating margin.

Mission

IMPROVE THE HEALTH OF COLORADANS LIVING ON THE WESTERN SLOPE BY INVESTING IN EXISTING COMMUNITY ASSETS AND BY ACTING AS A CATALYST FOR NEW APPROACHES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $25,648,009
Program Service Revenue $0
Investment Income $2,552,246
Other Revenue $0
TOTAL REVENUE $28,200,255

Expense Breakdown

Grants Paid $3,028,361
Salaries & Benefits $470,981
Fundraising Expenses $0
Program Expenses $3,424,099
Other Expenses $327,027
TOTAL EXPENSES $3,826,369

Year-over-Year Comparison

2021 2020 Change
Revenue $28,200,255 $1,596,811 +16.7%
Expenses $3,826,369 $2,869,311 +0.3%
Net Income $24,373,886 $-1,272,500 -20.2%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
1

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
$179,454
Total Directors
15
$4,845
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA RIDDELL CHAIR/PRESIDENT 4.00
Officer Director
$375 $0 $375
JENNIFER ROLLER VICE CHAIR/GRANTS CHAIR 3.00
Officer Director
$300 $0 $300
CHARLES BREAUX TREASURER/FINANCE & INVESTMENT 2.00
Officer Director
$375 $0 $375
ROBERT TESCH SECRETARY 1.00
Officer Director
$300 $0 $300
NICOLE BERNAL RUIZ DIRECTOR 1.00
Director
$375 $0 $375
THERESA CHASE DIRECTOR 1.00
Director
$300 $0 $300
RICHARD BETTS DIRECTOR 1.00
Director
$375 $0 $375
CASSIE COMEAU DIRECTOR 1.00
Director
$225 $0 $225
ERROL SNIDER DIRECTOR 1.00
Director
$375 $0 $375
JEFFREY KUHR DIRECTOR 1.00
Director
$300 $0 $300
JOHN FEENEY-COYLE EX-OFFICIO DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN MCINNIS DIRECTOR 1.00
Director
$375 $0 $375
SALLY SCHAEFER DIRECTOR/PAST CHAIR 1.00
Director
$570 $0 $570
BERNIE BUESCHER DIRECTOR 2.00
Director
$375 $0 $375
JANETTE NAJERA DIRECTOR 1.00
Director
$225 $0 $225
MICHAELLE SMITH EXECUTIVE DIRECTOR 40.00
Officer
$160,812 $17,292 $178,104
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
2021 $28,200,255 $3,826,369 $91,706,196 $24,373,886
2020 $1,596,811 $2,869,311 $57,078,198 $-1,272,500
2019 $20,007,386 $2,355,454 $54,361,615 $17,651,932
2018 $7,761,619 $2,488,182 $37,099,309 $5,273,437
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