Overview
What is Monument Health Network Inc?
Monument Health Network Inc, based in Rapid City, South Dakota, is a nonprofit organization that manages various healthcare facilities and senior care centers across the Black Hills region. These include Monument Health Custer Hospital, Monument Health Lead-Deadwood Hospital, Monument Health Spearfish Hospital, Monument Health Sturgis Hospital, Monument Health Custer Senior Care, Monument Health Sturgis Senior Care, and multiple provider-based physician clinics in Belle Fourche, Spearfish, Lead, Sturgis, and Custer. They also operate free-standing clinics in Hot Springs and Buffalo. Monument Health Network aims to provide accessible, quality, and advanced healthcare services to enhance the lives of individuals in the area, embodying a compassionate and inclusive vision. The organization's mission is to bring together a unified team, listen to the needs of their patients and communities, and show genuine care. As of now, Monument Health Network employs approximately 1,300 people.
Official website here: www.monument.health
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Monument Health Network Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a perfect score in Accountability & Finance. This high rating indicates strong financial health and transparency, showcasing the organization’s commitment to responsible management of its resources.
The nonprofit's governance is robust, with a majority of independent board members and effective oversight mechanisms in place. Key indicators such as the absence of material diversion of assets and comprehensive conflict of interest policies further highlight its integrity. The organization also demonstrates a commitment to transparency by making essential documents readily available on its website.
While the financial metrics are commendable, particularly the program expense ratio at 76.06%, indicating a significant portion of funds is directed toward its mission, the overview does not address any challenges or areas for improvement. Overall, Monument Health Network Inc stands out as a well-managed organization dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Monument Health Network Inc legitimate?
Monument Health Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monument Health Network 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: $2,405,993
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,203,249
For more financial information, click here
Official website here: www.monument.health
What is the mission statement of Monument Health Network Inc?
Monument Health Network is committed to enhancing the health and wellbeing of individuals within their communities. Their vision encompasses unity, inclusivity, and compassion. Monument Health Network strives to improve health outcomes by providing accessible, quality healthcare through various facilities, including acute care hospitals and senior care centers. Their team of healthcare professionals works together to ensure patients receive advanced medical care and compassionate attention. By fostering a collaborative and caring environment, Monument Health Network aims to make a positive impact on the health of those they serve.
Official website here: www.monument.health
Who is the CEO of Monument Health Network Inc?
Paulette Davidson is the CEO of Monument Health Network Inc The CEO's salary of Monument Health Network Inc is $0 and their total compensation is $1,939,705.
Official website here: www.monument.health
What is the revenue of Monument Health Network Inc?
Monument Health Network Inc's revenue in 2023 was $210,662,984.
Official website here: www.monument.health
Who are the executives of Monument Health Network Inc and what are their salaries?
The average compensation at Monument Health Network Inc during 2023 was $68,849. There are 1287 employees and 62 volunteers at Monument Health Network Inc.
Here are 23 key members and their salaries (Monument Health Network Inc's CEO's salary is $0 and their total compensation is $1,939,705):
- Compensation: $0
- Related: $1,706,840
- Other: $232,865
- Compensation: $544,532
- Related: $0
- Other: $80,188
- Compensation: $332,984
- Related: $0
- Other: $60,365
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $324,901
- Related: $0
- Other: $37,588
- Compensation: $0
- Related: $710,030
- Other: $102,330
- Compensation: $0
- Related: $585,595
- Other: $66,150
- Compensation: $0
- Related: $886,440
- Other: $117,823
- Compensation: $0
- Related: $658,966
- Other: $61,673
- Compensation: $582,927
- Related: $0
- Other: $64,430
- Compensation: $0
- Related: $459,144
- Other: $58,561
- Compensation: $368,252
- Related: $0
- Other: $54,348
- Compensation: $218,005
- Related: $0
- Other: $32,487
- Compensation: $1,589,428
- Related: $0
- Other: $153,174
- Compensation: $941,988
- Related: $0
- Other: $47,232
- Compensation: $875,481
- Related: $0
- Other: $68,357
- Compensation: $1,031,739
- Related: $0
- Other: $102,504
- Compensation: $839,923
- Related: $0
- Other: $73,423
- Compensation: $0
- Related: $379,881
- Other: $62,811
Official website here: www.monument.health
Where can I find the form 990 for Monument Health Network Inc?
Monument Health Network Inc's most recent form 990 was submitted in 2023 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 Network Inc
Monument Health Network, a dedicated organization, strives to enhance the health and wellbeing of individuals and communities. Rooted in a vision of unity, Monument Health Network assembles as one team, demonstrating compassionate listening, inclusivity, and a heartfelt commitment to caring. This mission extends beyond borders and reaches out to diverse populations.
Monument Health Network's expansive network encompasses several acute care hospitals and senior care facilities, including Monument Health Custer Hospital and Senior Care, Monument Health Lead-Deadwood Hospital, Monument Health Spearfish Hospital, and Monument Health Sturgis Hospital and Senior Care. Additionally, Monument Health Network manages various provider-based physician clinics in Belle Fourche, Spearfish, Lead, Sturgis, and Custer. Moreover, the organization operates free-standing clinics in Hot Springs and Buffalo.
Through its numerous healing environments, Monument Health Network offers common access to advanced, quality health care that is compassionate and accessible to those in the greater Black Hills region. By providing a range of essential services, this organization fosters a community where individuals and their families can find the care they need, ultimately contributing to the overall health and wellbeing of the population it serves.
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Impact
October, 2024
Monument Health Network Inc significantly enhances the well-being of individuals and communities within the greater Black Hills region of South Dakota. By operating multiple acute care hospitals, physician clinics, and senior care facilities, Monument Health Network ensures access to comprehensive healthcare services for residents in areas such as Custer, Lead-Deadwood, Spearfish, and Sturgis.
The organization’s commitment to compassionate and quality care is evident through its diverse healing environments. Monument Health Network fosters an inclusive approach, prioritizing active listening and community engagement. Through its free-standing clinics in Hot Springs and Buffalo, it further expands access to essential medical services, meeting the needs of a broad population.
By connecting patients with healthcare providers in various settings, Monument Health Network plays a crucial role in promoting overall community health, improving outcomes, and enhancing the quality of life for its patients. Its vision of collaboration and care reflects a deep commitment to the health and wellness of the region.
This information is meant to be a general summary of Monument Health Network 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 2023.
- Investment Income: $132
- Program Service Revenue: $209,936,272
- Gross Receipts: $210,673,369
Assets and Liabilities:
- Total Assets: $129,627,485
- Total Liabilities: $62,387,693
- Net Assets: $67,239,792
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Acute Care Hospital IP and OP
Revenue
$144,221,781
Physician Clinics
Revenue
$49,733,089
Long Term Care Facilities
Revenue
$4,504,999
Organization Details
Founding Year
1981
Principal Officer
Paulette Davidson
Website
www.monument.healthNTEE Category
Code: E22 - Health
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