2025-05-07T15:54:50-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2023-07-01 810484562 BEARTOOTH BILLINGS CLINIC FOUNDATION BEAR 4064460610 PO BOX 1290 RED LODGE MT 59068 LINDA HARRIS CPA CFO, FOUNDATION EXEC. DIRECTOR 4064460610 2025-05-07 1 1 KURT BENNION CPA P01469618 4252506100 2023 2025-03-06 01:10:19Z RHONDA BAKER PO BOX 1290 RED LODGE MT 59068 4921303 0 X WWW.BEARTOOTHBILLINGSCLINIC.ORG/FOUNDATION/ X 1998 MT PHILANTHROPIC, COMMUNITY AWARENESS, AND FINANCIAL SUPPORT FOR BEARTOOTH BILLINGS CLINIC. 10 9 0 45 0 0 174857 781697 0 0 123370 114298 62 -30225 298289 865770 432327 51605 0 0 0 0 0 0 1806 31077 32019 463404 83624 -165115 782146 2902499 3843152 18265 20514 2884234 3822638 THE FOUNDATION DELIVERS PHILANTHROPIC SUPPORT, FOSTERS COMMUNITY AWARENESS, AND SECURES THE FINANCIAL FUTURE OF BEARTOOTH BILLINGS CLINIC. 0 0 51605 51605 0 THE FOUNDATION SUCCESSFULLY RAISED FUNDS AND SUPPORTED BEARTOOTH BILLINGS CLINIC AND THEIR STAFF THROUGH GRANT OPPORTUNTIES. THE FOUNDATION SUCCESSFULLY IMPLEMENTED AN EMPLOYEE CRISIS FUND AND PROVIDED SCHOLARSHIPS FOR HIGHER EDUCATION TO AREA SENIORS AND STAFF MEMBERS SEEKING A HIGHER EDUCATION. WE HAVE ALSO FUNDED, IN FULL, A NEW 3D MAMMO MACHINE FOR BEARTOOTH BILLINGS CLINIC ALONG WITH PROVIDING NEW EQUIPMENT TO OUR PHYSICAL THERAPY DEPARTMENT. WE HAVE OVER THE LAST TWO YEAR PERIOD RAISED FUNDS FOR A NEW INFUSION SUITE. THIS WAS DONE WITH PROCEEDS FROM OUR ANNUAL FUNDRAISER AND A MINI CAPITAL CAMPAIGN. 51605 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 8 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 9 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X LINDA HARRIS 4064460610 PO BOX 1290 RED LODGE MT 59068 SHARON NORBY DIRECTOR & SECRETARY/TREASURER 2.00 40.00 X X 0 107111 10011 RHONDA BAKER PRESIDENT 2.00 0.00 X X 0 0 0 JOE GRIFFIN VICE PRESIDENT 2.00 0.00 X X 0 0 0 WALTER CLAPP DIRECTOR 1.00 0.00 X 0 0 0 DR DALLAS CLARK DIRECTOR 1.00 0.00 X 0 0 0 JOANNE COOLIDGE DIRECTOR 1.00 0.00 X 0 0 0 CLAY CUMMINS DIRECTOR 1.00 0.00 X 0 0 0 ANDY HART DIRECTOR 1.00 0.00 X 0 0 0 MICHELE LENTZ DIRECTOR 1.00 0.00 X 0 0 0 MYRNA RUE DIRECTOR 1.00 0.00 X 0 0 0 LINDA HARRIS CPA CFO 10.00 30.00 X 0 125341 43816 ABBY LOTZ CEO 0.75 39.25 X 0 0 0 0 232452 53827 0 0 1 0 0 215705 565992 47279 781697 93195 93195 4016411 3995308 21103 21103 21103 30000 215705 60225 -30225 -30225 865770 0 0 84073 31354 31354 20251 20251 2515 2515 20994 20994 1750 1750 151 151 350 188 162 1493 1493 2022 2022 DUES AND SUBSCRIPTIONS 2744 2744 83624 51605 30213 1806 100 100 176480 280037 500000 8972 8972 0 0 2725919 3063015 2902499 3843152 295 18265 20219 18265 20514 X 1172849 1287376 1711385 2535262 2884234 3822638 2902499 3843152 782146 156258 0 X X 0 1 X 1 0 X 174217 196447 190011 174857 781697 1517229 174217 196447 190011 174857 781697 1517229 609976 907253 70244 55704 67108 75753 93195 362004 400 1800 20172 22372 1901605 0.47710 0.60530 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2020 AMOUNT: $ 1,800. 2022 AMOUNT: $ 247. FUNDRAISING EVENT SALES REVENUE - 2019 AMOUNT: $ 400. 2022 AMOUNT: $ 19,925. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1425886 13134 152826 1591846 1608527 29871 138535 351047 1425886 1815903 55139 -262515 1608527 1379415 12856 423632 1815903 1358501 46335 -25421 1379415 0.04532 0.65605 0.29863 0 0 3147 3147 0 5825 5825 0 0 GIFT ANNUITY LIABILITY 20219 20219 21491937 156258 49462 20420447 20626167 865770 0 865770 19720708 49462 19587622 19637084 83624 0 83624 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF NUMEROUS INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE GOVERNING BODY TO FUNCTION AS ENDOWMENTS (BOARD DESIGNATED ENDOWMENT FUNDS). PERMANENTLY RESTRICTED NET ASSETS CONSIST OF DONOR RESTRICTED CONTRIBUTIONS TO A PERMANENT ENDOWMENT FUND, THE PRINCIPAL OF WHICH IS REQUIRED TO REMAIN IN PERPETUITY. THE INCOME GENERATED FROM PERMANENTLY RESTRICTED ASSETS MAY BE USED TO PERPETUATE AND ASSIST IN SATISFYING OPERATING EXPENSES AND CAPITAL IMPROVEMENTS FOR BEARTOOTH BILLINGS CLINIC. PART XI, LINE 2D - OTHER ADJUSTMENTS: BEARTOOTH BILLINGS CLINIC REVENUE 20,351,812. CONSOLIDATING ELIMINATIONS -49,462. NET ASSETS RELEASED FROM RESTRICTIONS 87,872. FUNDRAISING EVENT EXPENSES 30,225. PART XII, LINE 2D - OTHER ADJUSTMENTS: BEARTOOTH BILLINGS CLINIC EXPENSES 19,606,859. CONSOLIDATING ELIMINATIONS -49,462. FUNDRAISING EVENT EXPENSES 30,225. BEARTOOTH BALL 245705 215705 30000 30000 10191 13184 4850 2000 245705 215705 30000 30000 10191 13184 4850 2000 60225 -30225 1 BEARTOOTH BILLINGS CLINIC PO BOX 590 RED LODGE MT 59068 810224734 501(C)(3) 31354 0 N/A N/A GENERAL SUPPORT 1 0 SCHOLARSHIPS 8 15000 0 N/A N/A EMPLOYEE EMERGENCY FUND 4 3300 0 N/A N/A PATIENT ASSISTANCE 1 1951 0 N/A N/A PART I, LINE 2: THE FOUNDATION PROVIDES HIGHER EDUCATION SCHOLARSHIPS TO AREA HIGH SCHOOL SENIORS AS WELL AS STAFF OF BEARTOOTH BILLINGS CLINIC. THEY ALSO PROVIDE SUPPORT TO BEARTOOTH BILLINGS CLINIC FOR EQUIPMENT, STAFF DEVELOPMENT AND OTHER PROGRAMS. IN ADDITION, WE OFFER SUPPORT TO BEARTOOTH BILLINGS CLINIC FOR EMERGENCY NEEDS. BEARTOOTH BILLINGS CLINIC FOUNDATION REVIEWS REQUESTS AND SUPPORTING INVOICES FOR ITEMS THE BEARTOOTH BILLING CLINIC HOSPITAL WOULD LIKE TO PURCHASE USING FOUNDATION FUNDS, AND ONLY APPROVES AND PAYS MONEY TO THE HOSPITAL WITH VALID RECEIPTS SHOWING HOW THE MONEY HAS BEEN SPENT. 0 0 0 0 0 0 0 0 0 LINDA HARRIS CPA CFO 0 125341 0 0 0 0 0 2670 0 41146 0 169157 0 0 PART I, LINE 3 BEARTOOTH BILLINGS CLINIC, A RELATED ORGANIZATION, ESTABLISHES COMPENSATION OF THE CEO. BEARTOOTH BILLINGS CLINIC USES THE FOLLOWING TO ESTABLISH THE CEO'S COMPENSATION: 1. COMPENSATION SURVEY OR STUDY 2. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE X AUCTION ITEMS 46 47279 FMV 0 0 1 1 PART I, COLUMN (B): THE NUMBER OF ITEMS CONTRIBUTED WAS USED IN PART I. PART I, LINE 32B: DONATED SECURITIES ARE RECEIVED, PROCESSED AND IMMEDIATELY SOLD BY OUR INVESTMENT MANAGER. FORM 990, PART VI, SECTION A, LINE 3 BEARTOOTH BILLINGS CLINIC HIRED BILLINGS CLINIC TO CONDUCT, SUPERVISE, OPERATE AND MANAGE DAY-TO-DAY OPERATIONS OF THE HOSPITAL, ITS DEPARTMENTS, EMPLOYEES AND FINANCIAL ADMINISTRATION. THROUGH THIS SERVICES AGREEMENT, ABBY LOTZ RECEIVED $209,513 OF TAXABLE COMPENSATION AND $72,599 OF NONTAXABLE BENEFITS IN CALENDAR YEAR 2023 FOR HER SERVICES AS CEO. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE CORPORATE MEMBER OF THE FOUNDATION CONSISTS OF THE BEARTOOTH BILLINGS CLINIC, A MONTANA NONPROFIT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A ALL FOUNDATION DIRECTORS ARE APPOINTED BY THE GOVERNING BOARD OF BEARTOOTH BILLINGS CLINIC. FORM 990, PART VI, SECTION A, LINE 7B BEARTOOTH BILLINGS CLINIC SHALL, WITHOUT LIMITATION: A) APPOINT ALL DIRECTORS OF THE CORPORATION; B) REMOVE ANY DIRECTOR; C) APPROVE NOMINEES FOR APPOINTMENT OF THE PRESIDENT OF THE CORPORATION, BEFORE THE APPOINTMENT BECOMES EFFECTIVE; D) APPROVE ALL AMENDMENTS TO THE CORPORATION'S ARTICLES OF INCORPORATION AND BYLAWS; AND E) APPROVE ANY PLAN OF DISSOLUTION OR LIQUIDATION OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANT AND PROVIDED TO THE BOARD FOR REVIEW AND APPROVAL PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD PERIODICALLY REVIEWS AND MONITORS A CONFLICT-OF-INTEREST POLICY TO PROTECT THE FOUNDATION'S INTEREST WHEN IT IS CONTEMPLATING ANY TRANSACTION OR ARRANGEMENT, WHICH MAY BENEFIT ANY DIRECTOR, OFFICER OR EMPLOYEE WITH BOARD-DELEGATED POWERS. THE POLICY SHALL: - DEFINE THE FINANCIAL INTERESTS THAT OBLIGATE AN INDIVIDUAL TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTERESTS; - ESTABLISH PROCEDURES FOR DETERMINING THE EXISTENCE OF THE CONFLICT WITHOUT PARTICIPATION BY THE POTENTIALLY INTERESTED PERSON; - ESTABLISH PROCEDURES FOR ADDRESSING THE CONFLICT INCLUDING INVESTIGATION OF ALTERNATIVES AND REQUIRING DETERMINATIONS AS TO WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE FOUNDATION'S BEST INTEREST AND WHETHER IT IS FAIR AND REASONABLE TO THE FOUNDATION; - ESTABLISH PROCEDURES FOR VIOLATIONS OF THE POLICY; - SPECIFY THE RECORDS TO BE MAINTAINED RELATING TO CONFLICT DISCLOSURES, AND DETERMINATION OF CONFLICTS; - REQUIRE ANNUAL STATEMENTS FROM ALL DIRECTORS, OFFICERS AND MEMBERS OF THE FOUNDATION BOARD REFLECTING REVIEW AND COMPLIANCE WITH THE POLICY; AND - REQUIRE PERIODIC REVIEWS TO ENSURE THE FOUNDATION ACTS IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. MEMORIAL HOSPITAL ASSOCIATION PO BOX 590 RED LODGE MT 59068 810224734 HOSPITAL MT 501(C)(3) LINE 3 N/A 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0