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Organizations Health Care Montrose Memorial Hospital Inc.

Montrose Memorial Hospital Inc.

Fiscal year ending 2024. Filed on November 12, 2025.

800 South Third Street
600 S Cherry St Ste 600
Montrose, Colorado 81401

Montrose Memorial Hospital Inc. (EIN: 84-6002707), also known as Montrose Regional Health, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Montrose Memorial Hospital Inc., a 501(c)(3) charitable organization, reported compensation for 7 out of 867 total employees. Among the employees shown here, the average compensation is $587,534. The highest compensated employee at Montrose Memorial Hospital Inc. is Addison Wood, M.D. with fiscal year 2024 compensation of $1,030,643.

Revenue, expenses, and employee compensation

Revenue

$197,428,506

Expenses

$198,800,484

Employee compensation

$82,787,552
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Addison Wood, M.D.
Physician
$1,030,643
$958,115 No related comp$72,528
Steven Emmons, M.D.
Physician
$686,676
$611,906 No related comp$74,770
Rhonda Parker, M.D.
Chief Medical Officer
$515,224
$455,171 No related comp$60,053
Samuel Holmes, M.D.
Physician
$470,383
$470,005 No related comp$378
Mojgan Arashvand, M.D.
Physician
$439,051
$421,180 No related comp$17,871
Paul Perrotti
Chief Financial Officer
$383,229
$359,920 No related comp$23,309
Jeff Mengenhausen
CEO (Deemed Officer)
$0

Benchmark Employee Compensation

Non-Employee Board Members

Michael Brezinsky, M.D.
Director
$30,155
$30,155 No related compNo other comp
Barb Judd
Secretary END 10/24 V Chair BEG 10/24
No compensation reported
Zander Parker
Director
No compensation reported
Kaye Hotsenpiller
Director
No compensation reported
Mary Vader, Do
Chair
No compensation reported
Reid Fishering
Director
No compensation reported
Kjersten Davis, M.D.
Director
No compensation reported
Jack Johnston
Director
No compensation reported
Selvin Sandoval
Director
No compensation reported

Contractors

Intermountain Health
Radiation
$6,580,122
Healthtrust Workforce Solutions
Workforce Solutions
$3,386,183
Medefis
Workforce System
$1,901,471
Community Hospital Corporation
Consulting
$1,122,716
Hospital Shared Services
Security
$868,213

Mission Statement

IT IS THE MISSION OF MONTROSE MEMORIAL HOSPITAL TO PROVIDE HEALTHCARE SERVICES TO OUR COMMUNITIES WITH EXCELLENT SERVICE, COMPASSION AND FISCAL RESPONSIBILITY.

Revisions to this organization profile

November 12, 2025:
2024 Montrose Memorial Hospital Inc. 990 filed
November 15, 2024:
2023 Montrose Memorial Hospital Inc. 990 filed
November 8, 2023:
2022 Montrose Memorial Hospital Inc. 990 filed

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