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 · View filing
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
About Monument Health Rapid City Hospital Inc
Based on IRS filings
Monument Health Rapid City Hospital Inc is a nonprofit organization focused on Health, based in RAPID CITY, SD. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.4B in total assets. In 2024, it awarded 16 grants totaling $1.5M. Net investment income was $33.0M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pennington County Treasurer ($750,000), SD State University Foundation ($500,000), Elevate Rapid City ($82,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Elevate Rapid City Rapid City, SD | Community development | $82,000 |
| South Dakota Ellsworth Development Authority Rapid City, SD | Community development | $10,250 |
| American Heart Association Inc Dallas, TX | Donation | $10,000 |
| United Way of the Black Hills Rapid City, SD | Donation | $5,250 |
| Pennington County Treasurer Rapid City, SD | Crisis Stabilization Unit | $750,000 |
| SD State University Foundation Brookings, SD | Donation | $500,000 |
| Wellspring Inc DBA Wellfully Rapid City, SD | Donation | $52,000 |
| Leadership South Dakota Platte, SD | Donation | $30,000 |
| SD Governor's Office of Economic Development Pierre, SD | Donation | $15,000 |
| Black Hills State University Foundation Spearfish, SD | Donation | $12,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Paulette R Davidson | President & CEO | 50.82 | — |
| Brad Archer MD | Chief Medical Officer | 46.59 | $876,666 |
| Jacob Weasel MD | Board Member/Employed Physician | 40.58 | $529,711 |
| Bobbie Schneller MD | Board Member/Employed Physician | 40.96 | $369,327 |
| Michael Statz MD | Board Member/Employed Medical Director | 40.87 | $146,213 |
| Steven Frost MD | Board Member | 0.58 | $5,500 |
| Daryl Reinicke | Chair | 1.27 | — |
| Holly Lien | Board Member | 0.77 | — |
| Ross Mckie | Board Member | 1.65 | — |
| Scott Barbour | Board Member | 0.69 | — |
| Tom Rau | Board Member | 0.77 | — |
| Col Michelle Schnakenberg | Board Member | 0.48 | — |
| Dusty Petersen | Board Member | 1.04 | — |
| Mark A Thompson | CFO/CBDO From 01/2024 | 46.59 | $868,581 |
| Austin Willuweit | VP Finance/ CFO From 01/2024 | 46.59 | $340,040 |
| John Pierce | President Rapid City Hospital / Market | 55 | $722,589 |
| Patrick Woodard | Chief Healthcare Infor. Officer | 46.59 | $565,975 |
| Michael Tilles | VP Operations-Rapid City Market | 55 | $412,329 |
| Mark Longacre | VP Operations-Rapid City Market | 55 | $396,927 |
| Mark Schulte | VP Rapid City Market | 55 | $364,167 |
| Tasha Frisinger | VP of Nursing | 55 | $255,367 |
| Joseph Tuma MD | Physician - Cardiology | 40 | $1,617,558 |
| Charan Mungara MD | Physician - Cardiology | 40 | $1,539,230 |
| Bhaskar Purushottam MD | Physician - Cardiology | 40 | $1,491,379 |
| Siri Knutsen Larson MD | Physician - Dermatology | 40 | $1,423,594 |
| Kyle Schmidt MD | Physician - Neurosurgery | 40 | $1,391,422 |
| Nicole Kerkenbush-Former Chief | Nursing/Perf Officer | 46.59 | $203,850 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Monument Health Rapid City Hospital Inc?
Monument Health Rapid City Hospital Inc is a nonprofit organization focused on Health, based in RAPID CITY, SD. It holds $1.4B in total assets as of 2024.
How large is Monument Health Rapid City Hospital Inc?
As of 2024, Monument Health Rapid City Hospital Inc holds $1.4B in total assets with $1.0B in annual revenue. It awarded 16 grants totaling $1.5M in 2024.
Where does Monument Health Rapid City Hospital Inc operate?
Monument Health Rapid City Hospital Inc has awarded grants in South Dakota, Texas.
What size grants does Monument Health Rapid City Hospital Inc award?
In 2024, Monument Health Rapid City Hospital Inc awarded 16 grants totaling $1.5M — an average of about $95K per grant, based on its IRS Form 990 filings.
What is Monument Health Rapid City Hospital Inc's EIN?
Monument Health Rapid City Hospital Inc's EIN (Employer Identification Number) is 46-0319070. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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