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Billings Clinic Foundation

Billings, MT · EIN 81-0407289 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Billings Clinic Foundation reported $26.3 million in revenue and $14.1 million in expenses for calendar year 2024. Of every $100 it spent, $85.36 went to program services, $5.51 to management and general costs and $9.13 to fundraising. Its largest source of revenue was contributions and grants: 82.2% of the total. The highest compensation it reported for one person was $1,740,052 (SYSTEM CEO (UNTIL 3/11/2024)). Revenue rose 179% between FY2020 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $14M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $26M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
85.4%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
5.5%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
9.1%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.06$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
82.2%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,740,052$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
12.34%1.34%
People paid over $100,000
Part VII, line 2
027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
136.16.6
Independent voting board members
Part VI 1a–1b
11 of 1788.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$12M expenses · 99.0% of program spending · grants $12M

Grants to Billings Clinic to accomplish the mission of Billings Clinic Foundation by supporting programs and capital needs at Billings Clinic

$125K expenses · 1.0% of program spending · grants $125K

Grants to various individuals in montana and surrounding area for patient/employee assistance

— expenses

Grant for membership to provide educational opportunities

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
SYSTEM CEO (UNTIL 3/11/2024)
Officer, 1.00 hrs/week
$0$1,715,469$24,583$1,740,052
CEO
Director/trustee, officer, 2.00 hrs/week
$0$1,163,598$43,294$1,206,892
TREASURER
Director/trustee, officer, 2.00 hrs/week
$0$1,129,562$51,614$1,181,176
SYSTEM CO-CEO
Officer, 1.00 hrs/week
$0$986,351$38,583$1,024,934
CLO
Officer, 1.00 hrs/week
$0$801,222$38,623$839,845
CAO
Officer, 2.00 hrs/week
$0$770,824$51,195$822,019
CFO
Officer, 1.00 hrs/week
$0$579,324$38,096$617,420
CIO
Officer, 1.00 hrs/week
$0$441,312$47,594$488,906

0 people received more than $100,000 in reportable compensation from Billings Clinic Foundation (Part VII, line 2).

6 filings since FY2020

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpensesShort periods (after a fiscal-year change) are in the table, not the chart.
$0$10M$20M$30M$40MFY2020FY2021FY2022FY20232024$26M$14M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$26M$14M85.4%$160M$1,740,052
FY2023 (6 mo.) ⓘ$14M$2.2M81.9%$139M$1,085,634
FY2023 ⓘ$10M$6.1M89.8%$123M$1,587,040
FY2022 ⓘ$23M$10M90.1%$109M$1,219,713
FY2021 ⓘ$17M$6.0M87.5%$115M$861,665
FY2020 ⓘ$9.4M$5.3M87.8%$91M$784,046

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b17 · 11 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 696

Private foundation grants it received

11 private foundations reported grants to Billings Clinic Foundation totaling $3.9M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Billings Clinic Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Billings Clinic Foundation, you can publish a response that is linked from this page.

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Questions people ask

How much of Billings Clinic Foundation's spending goes to programs?

In calendar year 2024, Billings Clinic Foundation reported that 85.4% of its $14.1 million in expenses went to program services, 5.5% to management and general and 9.1% to fundraising (Form 990, Part IX).

How much does Billings Clinic Foundation pay its top executive?

The largest total compensation Billings Clinic Foundation reported for one person in calendar year 2024 was $1,740,052, for the role of SYSTEM CEO (UNTIL 3/11/2024) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Billings Clinic Foundation get its money?

Of $26.3 million in revenue in calendar year 2024, 82.2% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Billings Clinic Foundation a registered charity?

The IRS lists EIN 81-0407289 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523189349302462 · read the filing · XML
  • FY2023 (6 mo.): Form 990 for the 6-month short period ending December 31, 2023, object 202423209349319612 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401299349300130 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331329349302773 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211249349301146 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111349349303671 · read the filing

All filings for EIN 81-0407289: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.