Overview
What is Monument Health Rapid City Hospital Inc?
Monument Health Rapid City Hospital Inc, based in Rapid City, South Dakota, operates as a significant healthcare provider in the region with both inpatient and outpatient services. Their flagship facility, Rapid City Hospital, is a tertiary hospital catering to the healthcare needs of Western South Dakota, serving as a vital safety net due to the long distance to the nearest larger hospital in Sioux Falls. The organization includes Monument Health Orthopedic and Specialty Hospital, focusing on orthopedics, neurosurgery, podiatry, related outpatient services, therapy sessions, and sports performance services. Monument Health Rapid City Hospital aims to enhance the wellbeing of individuals and communities through dedicated, inclusive, and compassionate care. The organization employs a team of 5028 people.
Official website here: www.monument.health
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Monument Health Rapid City Hospital Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The overall score highlights a commitment to transparency, with a perfect score in areas such as financial oversight and the posting of tax forms on their website. This indicates a robust financial management system that is likely to inspire confidence among donors and stakeholders.
The organization demonstrates sound governance practices, with a well-structured board that includes a majority of independent members. Additionally, policies regarding conflicts of interest, whistleblower protections, and document retention are effectively implemented, illustrating a commitment to ethical standards and accountability. Their program expense ratio of 74.19% suggests that a significant portion of their expenditures is directed towards program services rather than administrative costs.
However, it is worth noting that the organization scored low in the area of having independent board members, which could potentially raise questions about governance diversity. Despite this limitation, the hospital's overall financial health and commitment to responsible management practices underscore its standing as a reputable nonprofit entity.
This AI summary has been generated from information found on Charity Navigator.
Is Monument Health Rapid City Hospital Inc legitimate?
Monument Health Rapid City Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monument Health Rapid City Hospital Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $8,895,454
Professional Fundraising Fees: $0
Other Salaries and Wages: $347,447,504
For more financial information, click here
Official website here: www.monument.health
What is the mission statement of Monument Health Rapid City Hospital Inc?
Monument Health Rapid City Hospital is committed to enhancing the health and wellbeing of individuals within their communities. Their mission is threefold: to listen, to be inclusive, and to demonstrate care. The organization aims to bring together their team as one unit, fostering an environment of compassion and understanding. Monument Health Rapid City Hospital provides extensive healthcare services, offering both inpatient and outpatient care. Their comprehensive offerings include trauma care and specialized hospitals for orthopedics, neurosurgery, and podiatry, among other outpatient services, therapies, and sports performance services. By being the primary healthcare safety net in the region, Monument Health Rapid City Hospital plays a crucial role in ensuring access to vital healthcare services for those in need.
Official website here: www.monument.health
Who is the CEO of Monument Health Rapid City Hospital Inc?
Paulette Davidson is the Principal Officer of Monument Health Rapid City Hospital Inc. The CEO's salary of Monument Health Rapid City Hospital Inc is $0 and their total compensation is $1,529,032.
Official website here: www.monument.health
What is the revenue of Monument Health Rapid City Hospital Inc?
Monument Health Rapid City Hospital Inc's revenue in 2022 was $927,255,627.
Official website here: www.monument.health
Who are the executives of Monument Health Rapid City Hospital Inc and what are their salaries?
The average compensation at Monument Health Rapid City Hospital Inc during 2022 was $70,872. There are 5028 employees and 188 volunteers at Monument Health Rapid City Hospital Inc.
Here are 30 key members and their salaries (Monument Health Rapid City Hospital Inc's CEO's salary is $0 and their total compensation is $1,529,032):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $748,853
- Related: $0
- Other: $79,579
- Compensation: $151,507
- Related: $0
- Other: $1,907
- Compensation: $556,000
- Related: $0
- Other: $69,664
- Compensation: $0
- Related: $1,310,683
- Other: $218,349
- Compensation: $612,762
- Related: $0
- Other: $94,486
- Compensation: $528,067
- Related: $0
- Other: $38,034
- Compensation: $828,920
- Related: $0
- Other: $111,567
- Compensation: $387,341
- Related: $0
- Other: $16,652
- Compensation: $567,864
- Related: $0
- Other: $48,323
- Compensation: $362,949
- Related: $0
- Other: $44,030
- Compensation: $392,382
- Related: $0
- Other: $41,433
- Compensation: $544,526
- Related: $0
- Other: $89,630
- Compensation: $251,107
- Related: $0
- Other: $27,249
- Compensation: $201,162
- Related: $0
- Other: $33,721
- Compensation: $272,576
- Related: $0
- Other: $12,165
- Compensation: $1,439,829
- Related: $0
- Other: $100,548
- Compensation: $1,283,381
- Related: $0
- Other: $107,273
- Compensation: $1,470,888
- Related: $0
- Other: $110,787
- Compensation: $1,240,988
- Related: $0
- Other: $76,610
- Compensation: $1,269,071
- Related: $0
- Other: $115,895
- Compensation: $0
- Related: $438,480
- Other: $35,100
Official website here: www.monument.health
Where can I find the form 990 for Monument Health Rapid City Hospital Inc?
Monument Health Rapid City Hospital Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.monument.health
Learn more at the official website: www.monument.health
Mission Statement of Monument Health Rapid City Hospital Inc
Monument Health Rapid City Hospital, a dedicated healthcare provider, is committed to enhancing the health and well-being of individuals within their communities. This visionary organization, with a unified team approach, strives to listen attentively, inclusively serve, and genuinely care for those under its care.
At the heart of Monument Health Rapid City Hospital's mission lies its dedication to providing essential health services. In a region where the nearest larger hospital is over 350 miles away, Monument Health Rapid City Hospital assumes the critical role of a healthcare safety net. Through its primary hospital, Rapid City Hospital, and Monument Health Orthopedic and Specialty Hospital, the organization offers a diverse range of healthcare solutions, including inpatient and outpatient services, trauma care, and specialized care for orthopedics, neurosurgery, and podiatry.
Monument Health Rapid City Hospital's unwavering commitment to health improvement extends beyond its hospital walls. The organization is a member of Monument Health Home Plus, LLC, further emphasizing its dedication to delivering comprehensive care to its community. In essence, Monument Health Rapid City Hospital stands as a beacon of hope and healing, addressing the unique healthcare needs of the population they serve.
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Impact
October, 2024
Monument Health Rapid City Hospital plays a crucial role in enhancing the health and well-being of individuals and communities in Western South Dakota. By offering both inpatient and outpatient services, it acts as a vital healthcare safety net, particularly important given that the nearest larger hospital is over 350 miles away in Sioux Falls, SD.
The hospital provides a wide array of comprehensive care, including Level II Trauma Care, ensuring that residents in the region have access to emergency services and specialized treatment. Its facilities include the Monument Health Orthopedic and Specialty Hospital, which focuses on essential services like orthopedics, neurosurgery, podiatry, and various outpatient therapies and sports performance services. This allows the local population to receive significant medical attention without the need to travel long distances, thereby improving health outcomes and accessibility for the community.
In addition to its clinical services, Monument Health Rapid City Hospital fosters a culture of inclusivity and compassion, striving to listen to the needs of patients and the community. Through its mission to improve health for all, it actively contributes to the overall quality of healthcare in the region, making it an invaluable resource for those in need.
This information is meant to be a general summary of Monument Health Rapid City Hospital Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $21,422,326
- Program Service Revenue: $886,367,787
- Gross Receipts: $928,759,825
Assets and Liabilities:
- Total Assets: $1,405,384,189
- Total Liabilities: $567,389,962
- Net Assets: $837,994,227
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
In Patient Pharmacy
Revenue
$174,568,082
Surgical Services
Revenue
$116,068,366
Cardiac Services
Revenue
$94,006,813
MIS CT Scan
Revenue
$71,393,396
Laboratory
Revenue
$56,190,141
Organization Details
Founding Year
1973
Phone
(605) 755-9130Principal Officer
Paulette Davidson
Main Address
353 Fairmont Blvd PO Box 6000, Rapid City, SD, 577096000
Website
www.monument.healthNTEE Category
Code: E220 - Health
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