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Monument Health Rapid City Hospital

Rapid City, SD · EIN 46-0319070 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Monument Health Rapid City Hospital reported $1.09 billion in revenue and $1.06 billion in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $81.54 went to program services, $18.31 to management and general costs and $0.15 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.3% of the total. The highest compensation it reported for one person was $2,199,697 (President & CEO). 757 people received more than $100,000 in reportable compensation. Revenue rose 37% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $1.06B

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $1.09B

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
81.5%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
18.3%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.1%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.44$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.3%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
97.3%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,199,697$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.21%1.34%
People paid over $100,000
Part VII, line 2
75727
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
10.86.6
Independent voting board members
Part VI 1a–1b
9 of 1588.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$864M expenses · 100.0% of program spending · grants $441K · revenue $1.05B

Monument Health Rapid City Hospital, Inc. (MHRCH) offers both inpatient and outpatient health services. Its tertiary hospital, Rapid City Hospital (RCH), serves Western South Dakota. The nearest larger hospital is in Sioux Falls, SD, more than 350 miles away. As such, the services provided by MHRCH are truly a healthcare safety net for Western South Dakota. MHRCH is a community-based health care system with a mission to make a difference, every day. MHRCH also provides patient care at the Behavioral Health Center, Orthopedic and Specialty Hospital, Family Medicine Residency Clinic, Heart and…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President & CEO
Director/trustee, officer, 51.30 hrs/week
$0$1,932,107$267,590$2,199,697
Physician - Cardiology
Highest compensated employee, 40.00 hrs/week
$1,889,073$0$140,510$2,029,583
Physician - Cardiology
Highest compensated employee, 40.00 hrs/week
$1,559,974$0$113,818$1,673,792
Physician - Cardiology
Highest compensated employee, 40.00 hrs/week
$1,471,104$0$140,912$1,612,016
Physician - Dermatology
Highest compensated employee, 40.00 hrs/week
$1,442,327$0$150,006$1,592,333
Physician - Cardiology
Highest compensated employee, 40.00 hrs/week
$1,394,909$0$107,917$1,502,826
Chief Medical Officer
Director/trustee, 47.11 hrs/week
$972,031$0$134,035$1,106,066
President Rapid City Hospital and Market
Key employee, 55.00 hrs/week
$822,063$0$121,912$943,975

757 people received more than $100,000 in reportable compensation from Monument Health Rapid City Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $5.6M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$500M$1.00B$1.50B$2.00BFY2020FY2021FY2022FY2023FY2024FY2025$1.09B$1.06B
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$1.09B$1.06B81.5%$952M$2,199,697
FY2024 ⓘ$1.03B$987M80.1%$897M$1,980,795
FY2023 ⓘ$913M$943M80.1%$825M$1,939,705
FY2022 ⓘ$927M$906M78.7%$838M$1,581,675
FY2021 ⓘ$952M$900M70.4%$924M$1,398,456
FY2020 ⓘ$799M$767M71.4%$761M$1,933,597

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b15 · 9 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 55,235
  • Volunteers Part I, line 6203

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Travel Nurse Across America LLC
Contract Labor
$54,603,945
Crothall Healthcare
Professional services
$14,063,229
Morrison Management Specialists Inc
Professional services
$13,303,042
Weatherby Medical Staffing
Contract labor
$10,691,613
Mainsail Holdco LLC
Professional services
$4,970,687

Individuals listed as contractors are left out. 407 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to Monument Health Rapid City Hospital totaling $20,596 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Monument Health Rapid City Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Monument Health Rapid City Hospital, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in South Dakota

Questions people ask

How much of Monument Health Rapid City Hospital's spending goes to programs?

In the fiscal year ending June 30, 2025, Monument Health Rapid City Hospital reported that 81.5% of its $1.06 billion in expenses went to program services, 18.3% to management and general and 0.1% to fundraising (Form 990, Part IX).

How much does Monument Health Rapid City Hospital pay its top executive?

The largest total compensation Monument Health Rapid City Hospital reported for one person in the fiscal year ending June 30, 2025 was $2,199,697, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Monument Health Rapid City Hospital get its money?

Of $1.09 billion in revenue in the fiscal year ending June 30, 2025, 0.3% came from contributions and grants (including 0.0% from government grants) and 97.3% from program service revenue (Form 990, Part VIII).

Is Monument Health Rapid City Hospital a registered charity?

The IRS lists EIN 46-0319070 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611349349310246 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501359349301235 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411359349306571 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301359349301395 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221329349306907 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111329349303226 · read the filing

All filings for EIN 46-0319070: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.