Kalispell Regional Healthcare Foundation

Nonprofit profile at a glance

EIN
311703013
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Kalispell, MT, USA
Phone
4067515759
Rating
75
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Public Foundations

Reported finances

Revenue
$5,471,597
Expenses
$2,790,855
Assets
$29,601,946
Liabilities
$1,906,645

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

48 people listed

Executive titles in this filing

  • JOSEPH MCCLAFFERTY (FOUNDATION PRESIDENT (UNTIL 6/30/24))
  • CRAIG LAMBRECHT MD (SYSTEM CEO (UNTIL 3/11/2024))
  • KEVIN ABEL (CEO)
  • CLINTON SEGELMD (SYSTEM CO-CEO)
  • MICHAEL BARTH (INTERIM FOUNDATION PRESIDENT)

Highest reported compensation

  • COLE TURNER (SYSTEM CFO (UNTIL 4/26/2024)): $1,953,756 total reported compensation
  • CRAIG LAMBRECHT MD (SYSTEM CEO (UNTIL 3/11/2024)): $1,740,052 total reported compensation
  • CLINTON SEGELMD (SYSTEM CO-CEO): $1,206,892 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The logan health foundation dedicated to supporting logan health, a 501(c)(3) health system, in its mission to foster healthier lives, stronger communities, and brighter futures.

What it reported doing in 2024

Support the activities of the tax-exempt subsidiaries of logan health.

Operating model

Revenue model
Donor-supported. 82% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 41% for direct work, and 59% for grants.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 62
  • Accountability: 91
  • Sustainability: 80
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 54.8%; rating input score 55
  • Program expense ratio: 99.2%; rating input score 99
  • Fundraising efficiency: $661.55 raised per $1 spent on fundraising; rating input score 96; 96th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 88.2%; rating input score 88; 2nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 76.8%; rating input score 77; 20th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: No; rating input score 0

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 49%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 10.61; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 14.5%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 3.7% per year; rating input score 100; 31st percentile among comparable filings
  • Revenue growth: 5.4% per year; rating input score 100; 44th percentile among comparable filings
  • Asset growth: 7.9% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 54.8% of revenue deployed · 99.2% of spending went to programs
  • Governance: 20 of 20 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.8M in reported program spending
  • Leadership: top reported pay $2M · 48 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 22 of 24 current checks pass · 2 findings to review
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 33 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 55/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 20/100.