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Filing year 2023

MONTANA FAMILY PRACTICE RESIDENCY

Billings, Montana·EIN 81-0499616·NTEE B50 · Education·3
Total revenue
$8.3M
Total assets
$3.3M
Total expenses
$8.2M
Reported officers
16
Mission

To maintain a medical education residency program that furthers the education of physicians in the practice of family medicine. MFMR provides residents with the education and training to graduate from the program and be able to competently practice family medicine in a rural, frontier, or underserved community.

Executive compensation

Form 990 · Schedule J · 10 reported individuals · Filing year 2023

Clinic-based Faculty Member
highest compensated employee
$41k
$45k
Chief Medical Officer
officer (unspecified)
$41k
$44k
Program Director
director (operational)
$38k
$42k
Faculty Physician
highest compensated employee
$38k
$41k
Medical Director
highest compensated employee
$35k
$38k
Chief Executive Officer
$35k
$38k
Faculty Physician
highest compensated employee
$35k
$38k
Associate Program Director
director (operational)
$33k
$36k
Faculty Physician
highest compensated employee
$28k
$30k
Board Member & Designated Institutional Offiicial
board member
$16k
$17k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Education

Up 6%
from 2022

From $38k in 2022 to $41k in 2023.

$38k
2022
$41k
2023
In today's dollarsEst.
Up 2% in real terms$44k to $45k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MONTANA FAMILY PRACTICE RESIDENCY reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.5M
$7.4M
2022
$8.3M
$8.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn

Comparable education organizations nationwide pay their highest-earning executive a median of $104,040.

25th percentile
$40k
Median
$104,040
75th percentile
$200k
90th percentile
$385k

These are education sector-wide figures, not this organization's reported pay. Based on 10,663 organizations across 10,663 filings (2021 – 2023).

See full Education compensation data
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