Montrose Memorial Hospital Inc
It is the mission of Montrose Memorial Hospital to provide healthcare services to our communities with excellent service, compassion and fiscal responsibility.
Montrose Memorial Hospital Inc at a glance
In short: Montrose Memorial Hospital Inc reported $73K in grants paid in 2024 (a total; its filing lists no individual grants). Source: 2024 IRS Form 990.
- Grants paid (2024)
- $73,048 — reported as a total on the IRS filing, without an itemized list
- +34.4% vs 2023
- Total assets
- $212,571,376
- +14.6% vs 2023
- Revenue (2024)
- $197,428,506
- +12.9% vs 2023
- Net investment income (2024)
- $2,398,777
- +29.7% vs 2023
- Expenses (2024)
- $198,800,484
- +22.8% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Montrose Memorial Hospital Inc funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $11K (2020) to $73K (2024). In 2024 it reported $73K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| San Juan Healthcare Foundation Inc Montrose, CO | To Support Program | $8,000 |
| Montrose Economic Development Corporation Montrose, CO | To Support Program | $5,750 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $212,571,376 | $197,428,506 | $198,800,484 | $73,048 | Total only | $2,398,777 |
| 2023 | $185,527,723 | $174,821,714 | $161,934,979 | $54,332 | Total only | $1,849,851 |
| 2022 | $154,232,412 | $158,251,644 | $148,364,011 | $13,750 | 2 | $1,034,870 |
| 2021 | $162,965,673 | $152,320,491 | $134,862,155 | $39,503 | Total only | $-11,977 |
| 2020 | $148,708,895 | $137,044,245 | $123,184,700 | $10,860 | Total only | $-697,918 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Montrose Memorial Hospital Inc
Based on IRS filings
Montrose Memorial Hospital Inc is a public charity focused on Health, based in Montrose, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $212.6M in total assets. In 2024, it reported $73K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $2.4M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Montrose Memorial Hospital Inc is led by Jeff Mengenhausen, CEO on every filing since 2021; 7 of 16 officers listed in 2024 are compensated.
Officers on the 2024 filing
Jeff Mengenhausen
CEO
On filings since 2021
40 hrs/week
No compensation reported
Mary Vader DO
Chairperson
Vice Chairperson → Secretary, 2021
Secretary → Chairperson, 2022
On filings since 2020
3 hrs/week
No compensation reported
Michael Brezinsky MD
Director
Secretary & Treasurer → Secretary, 2023
Secretary → Director, 2024
On filings since 2020
3 hrs/week
$10K (2020) → $30K (2024)
Reid Fishering
Director
On filings since 2021
3 hrs/week
No compensation reported
Kaye Hotsenpiller
Director
On filings since 2022
3 hrs/week
No compensation reported
Selvin Sandoval
Director
On filings since 2022
3 hrs/week
No compensation reported
Zander Parker
Director
On filings since 2022
3 hrs/week
No compensation reported
Jack Johnston
Director
On filings since 2023
3 hrs/week
No compensation reported
Kjersten Davis MD
Director
On filings since 2023
3 hrs/week
No compensation reported
Steven Emmons MD
Physician
On filings since 2020
40 hrs/week
$497K (2020) → $612K (2024)
Addison Wood MD
Physician
New on the 2024 filing
40 hrs/week
$958K (2024)
Mojgan Arashvand MD
Physician
New on the 2024 filing
40 hrs/week
$421K (2024)
Paul Perrotti
CFO
New on the 2024 filing
40 hrs/week
$360K (2024)
Rhonda Parker MD
Chief Medical Officer
New on the 2024 filing
40 hrs/week
$455K (2024)
Samuel Holmes MD
Physician
New on the 2024 filing
40 hrs/week
$470K (2024)
Barb Judd
Secretary
Director → Secretary, 2024
On filings since 2022
3 hrs/week
No compensation reported
Former officers (20)
- Former: Alfred Gilchrist (2020–2023) — Director
- Former: Luther Weathers MD (2020–2023) — Physician
- Former: Michael Bergen MD (2020–2023) — Physician
- Former: Sarah Abbott JD (2020–2023) — Vice Chair
- Former: Yvonne Wigington (2020–2023) — Chief Financial Officer
- Former: Joel Lee MD (2021–2023) — Director
- Former: Virginia Tjan MD (2021–2023) — Physician
- Former: Derick Fenton MD (2023) — Physician
- Former: Joe Minissale (2023) — CFO
- Former: Riley Foreman (2020–2022) — Physician
- Former: Ryan Gilbert (2020–2022) — Director
- Former: Kjersten Davis Dmv (2021–2022) — Director
- Former: Bud Taylor (2020–2021) — Director
- Former: Heidi Dragoo (2020–2021) — Director
- Former: Kye Hall (2020–2021) — Director
- Former: David Faulkner (2021) — CEO
- Former: David Lee (2020) — Physician
- Former: James Kiser (2020) — CEO
- Former: Kjersten Davis Dvm (2020) — Chairperson
- Former: Seth Ryan (2020) — Director -
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $958K, to Addison Wood MD (Physician). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Montrose Memorial Hospital Inc
How much does Montrose Memorial Hospital Inc give each year?
Montrose Memorial Hospital Inc reported $73K in grants paid in 2024 on its 2024 IRS Form 990, as a total without an itemized list of grants. In 2023 it reported $54K in grants paid.
How large is Montrose Memorial Hospital Inc?
Montrose Memorial Hospital Inc reported $212.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $197.4M.
What is Montrose Memorial Hospital Inc?
Montrose Memorial Hospital Inc is a public charity focused on Health, based in Montrose, CO. It holds $212.6M in total assets as of 2024.
Where does Montrose Memorial Hospital Inc operate?
Montrose Memorial Hospital Inc has awarded grants in Colorado.
What is Montrose Memorial Hospital Inc's EIN?
Montrose Memorial Hospital Inc's EIN (Employer Identification Number) is 84-6002707. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 1, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 3, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 8, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS January 16, 2026)
- IRS filings on file for fiscal years 2020–2024
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