Monument Health Rapid City Hospital Inc

RAPID CITY, SD EIN: 46-0319070 Website

Our vision at Monument Health Rapid City Hospital is to be one team, to listen, to be inclusive, and to show we care. Monument Health Rapid City Hospital is dedicated to improving the health of individuals and our communities.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.4B

+5.0% YoY

Annual Giving

$1.5M

+1245.4% YoY

Grant Count

16

+100.0% YoY

Avg Grant Size

$95K

+572.7% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$284M$567M$851M$1.1B201920202021202220232024
Metric202420232022
Total Assets$1,422,455,024$1,355,082,505$1,405,384,189
Revenue$1,031,704,132$912,569,914$927,255,627
Expenses$986,969,990$943,128,785$905,882,311
Qualifying Distributions
Net Investment Income$32,982,133$19,259,133$21,422,326
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$378K$756K$1M$2M0 grants20190 grants20200 grants20210 grants20228 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Pennington County Treasu…$750KSD State University Foun…$500KElevate Rapid City$82KWellspring Inc DBA Wellf…$52KLeadership South Dakota$30KSD Governor's Office of …$15KBlack Hills State Univer…$13KSouth Dakota Ellsworth D…$10KAmerican Heart Associati…$10KSD Community Foundation$10K

Grant Size Distribution

24 grants across all recorded years

19<$50K3$50–100K$100–250K$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Monument Health Rapid City Hospital Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Joseph Tuma MDPhysician - Cardiology$1.6MCharan Mungara MDPhysician - Cardiology$1.5MBhaskar Purushottam MDPhysician - Cardiology$1.5MSiri Knutsen Larson MDPhysician - Dermatology$1.4MKyle Schmidt MDPhysician - Neurosurgery$1.4MBrad Archer MDChief Medical Officer$877KMark A ThompsonCFO/CBDO From 01/2024$869KJohn PiercePresident Rapid City Hospita…$723KPatrick WoodardChief Healthcare Infor. Offi…$566KJacob Weasel MDBoard Member/Employed Physic…$530KMichael TillesVP Operations-Rapid City Mar…$412KMark LongacreVP Operations-Rapid City Mar…$397KBobbie Schneller MDBoard Member/Employed Physic…$369KMark SchulteVP Rapid City Market$364KAustin WilluweitVP Finance/ CFO From 01/2024$340KTasha FrisingerVP of Nursing$255KNicole Kerkenbush-Fo…Nursing/Perf Officer$204KMichael Statz MDBoard Member/Employed Medica…$146KSteven Frost MDBoard Member$6K

From 2024 filing

NameTitleHoursCompensation
Paulette R DavidsonPresident & CEO50.82
Brad Archer MDChief Medical Officer46.59$876,666
Jacob Weasel MDBoard Member/Employed Physician40.58$529,711
Bobbie Schneller MDBoard Member/Employed Physician40.96$369,327
Michael Statz MDBoard Member/Employed Medical Director40.87$146,213
Steven Frost MDBoard Member0.58$5,500
Daryl ReinickeChair1.27
Holly LienBoard Member0.77
Ross MckieBoard Member1.65
Scott BarbourBoard Member0.69
Tom RauBoard Member0.77
Col Michelle SchnakenbergBoard Member0.48
Dusty PetersenBoard Member1.04
Mark A ThompsonCFO/CBDO From 01/202446.59$868,581
Austin WilluweitVP Finance/ CFO From 01/202446.59$340,040
John PiercePresident Rapid City Hospital / Market55$722,589
Patrick WoodardChief Healthcare Infor. Officer46.59$565,975
Michael TillesVP Operations-Rapid City Market55$412,329
Mark LongacreVP Operations-Rapid City Market55$396,927
Mark SchulteVP Rapid City Market55$364,167
Tasha FrisingerVP of Nursing55$255,367
Joseph Tuma MDPhysician - Cardiology40$1,617,558
Charan Mungara MDPhysician - Cardiology40$1,539,230
Bhaskar Purushottam MDPhysician - Cardiology40$1,491,379
Siri Knutsen Larson MDPhysician - Dermatology40$1,423,594
Kyle Schmidt MDPhysician - Neurosurgery40$1,391,422
Nicole Kerkenbush-Former ChiefNursing/Perf Officer46.59$203,850

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

Box ElderBrookingsDallasHill CityMartinPierrePlatteRapid CitySioux FallsSpearfish

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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