Montana · Nonprofit
SHERIDAN MEMORIAL HOSPITAL ASSOCIATION
SHERIDAN MEMORIAL HOSPITAL ASSOCIATION (Montana) receives grants from 8 organizations whose IRS filings report $1,145,008 to it, the largest being SHERIDAN HEALTH CARE FOUNDATION INC ($1,073,264). 3 of them have funded it in more than one year.
- Revenue FY2025
- $24M
- Funders on record
- 8
- Grants received
- $1.1M
- Net assets
- $10M
What Sheridan Memorial Hospital Association does
Mission
Providing quality care to improve the health and well-being of the people and community we serve, regardless of their ability to pay.
As stated on its FY2025 Form 990.
Program
Sheridan Memorial Hospital Association operates a 19-bed critical access hospital, a 35-bed long-term care facility, and a rural health clinic that benefit the people in the surrounding area. Smha is the only medical facility in sheridan county, which has a population of approximately 3,500 residents. Highlights of the organization's accomplishments during fy25 are included below: - smha increased its capacity to patients in the rhc by 4% in fy25. This was accomplished by instituting productivity requirements for providers, hiring qualified and hard-working providers and updating patient workflows. - smha continued to update its diagnostic capabilities, allowing for improved identification of ailments and health issues. This in-turn has allowed smha to have patients seen at the correct level of care for their needs and helped smha providers treat patients locally rather than having to refer or transfer to a higher level of care. This is evident in the increase in patients seen in our clinic and utilization of our ancillary services.volume indicators for the fiscal year are as follows: acute care inpatient admissions - 108ed visits - 1,026swing bed patients - 51long-term care…
$18,661,470 spent$24,005,071 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $18,661,470.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $6.3M to $12M (+88%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 0% · 2018 2% · 2019 0% · 2020 8% · 2021 18% · 2022 2% · 2023 3% · 2024 3%. Grants only. Government contracts and fees sit inside program revenue.
0% of SHERIDAN MEMORIAL HOSPITAL ASSOCIATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (7% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Kody Nelson
CEO
Board chair
Don Benson
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 4 funders, grant income fell $260k → $134k.
1 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of SHERIDAN MEMORIAL HOSPITAL ASSOCIATION’s funders (the co-funder graph). Top 7 of 8 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
SHERIDAN MEMORIAL HOSPITAL ASSOCIATION leans on a few funders — its largest provides 94% of grant income and the top three 98%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
95% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SHERIDAN MEMORIAL HOSPITAL ASSOCIATION.
Largest funder’s share by year: 2017 91% · 2018 100% · 2019 100% · 2020 97% · 2021 99% · 2022 100% · 2023 73% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
94% of SHERIDAN MEMORIAL HOSPITAL ASSOCIATION's grant income comes from Montana funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $507 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
SHERIDAN MEMORIAL HOSPITAL ASSOCIATION runs a healthier operating margin than half of the 2,843 health nonprofits its size.
this organization peer median middle 50% of peers· 2,843 health nonprofits $10M–$100M, FY2025
Government funding SHERIDAN MEMORIAL HOSPITAL ASSOCIATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.5M on record.
- Department of Veterans Affairs$1.4M
- Department of Health and Human Services$50k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like SHERIDAN MEMORIAL HOSPITAL ASSOCIATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Montana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
83% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 1 related entity
- Sheridan Health Care Foundation Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for SHERIDAN MEMORIAL HOSPITAL ASSOCIATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds SHERIDAN MEMORIAL HOSPITAL ASSOCIATION?
- SHERIDAN MEMORIAL HOSPITAL ASSOCIATION (Montana) receives grants from 8 organizations whose IRS filings report $1,145,008 to it, the largest being SHERIDAN HEALTH CARE FOUNDATION INC ($1,073,264). 3 of them have funded it in more than one year.
- How many funders does SHERIDAN MEMORIAL HOSPITAL ASSOCIATION have?
- IRS filings report 8 organizations giving $1,145,008 in grants to SHERIDAN MEMORIAL HOSPITAL ASSOCIATION, 3 of which have funded it in more than one year.
- Who is the largest funder of SHERIDAN MEMORIAL HOSPITAL ASSOCIATION?
- SHERIDAN HEALTH CARE FOUNDATION INC is the largest funder on record, with $1,073,264 in grants. The full list of funders is on this page.
- How can an organization like SHERIDAN MEMORIAL HOSPITAL ASSOCIATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Montana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Sheridan Memorial Hospital Association →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing