IRS Form 990 · EIN 46-0360899

Monument Health Network Inc

Rapid City, SD 57709-6000 · Tax year 2023

NTEE E22Specialty Hospital

$210.7M

Total revenue

$200.8M

Total expenses

$1K

Net income

0.0%

Operating margin

Financial summary

Compared to 8 organizations with NTEE E22 in SD

Avg revenue (peers)

$152.6M

This org:$210.7M

Avg net income (peers)

$1.2M

This org:$1K

Avg top exec comp (peers)

$321K

This org (highest):$1.7M

23 officers + key employees from the most recent Schedule J filing (FY2022; the financial summary above is FY2023)

Name	Title	Hours/wk	Base comp	Total comp
Ray Jensen MD	Physician - Orthopedic Surgery	40	$1.5M	$1.7M
Andrew VanOsdol MD	Physician - Surgery	40	$993K	$1.1M
Richard Little MD	Physician - Orthopedic Surgery	40	$938K	$989K
Christopher Milnes MD	Physician - Radiologist	40	$855K	$944K
Wesley Badger	Physician -Surgery	40	$810K	$913K
Thomas Worsley	Pres.Spearfish Hospital/Hills Market	55	$411K	$647K
Heather Brewer MD	Board member/Employed Physician	41.12	$498K	$625K
Mark Schmidt	Pres.Sturgis, Lead-Deadwood Markets	55	$264K	$423K
Jason Knudson	Board Member/Employed Physician	40.63	$308K	$393K
Charles Lewis DO	Board Member/Employed Physician	40.54	$322K	$362K
Barbara Hespen	President Custer Market & System CNO	55	$151K	$250K
Mark Schulte	VP Rapid City Market	0	—	—
Brad Archer MD	Chief Medical Officer	8.57	—	—
Steven Williams	Board Member-Chair	0.79	—	—
Kathryn Johnson	Board member-Vice Chair	1.58	—	—
Dan Liekvold	Board member	0.83	—	—
Kenneth Meirose	Board Member	1	—	—
Scott Sabers	Board Member	0.83	—	—
Mark A Thompson	CFO/Treasurer	8.57	—	—
Teresa Burroff	General Counsel/Sec. Until 11/22	8.57	—	—
Paulette Davidson	President and CEO	9.35	—	—
Stephanie Lahr MD	CIO & CMIO Until 03/23	8.57	—	—
Nicole Kerkenbush - Chief	Nursing/Perf Officer Until 06/23	8.57	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2023	$210.7M	$200.8M	$1K	$138.9M
2022	$208.2M	$195.0M	$-784K	$129.6M
2021	$184.2M	$184.5M	$-285K	$114.8M
2020	$173.2M	$169.8M	$3.4M	$148.3M
2019	$159.9M	$166.7M	$-20K	$125.7M
2018	$156.0M	$166.0M	$-79K	$120.9M
2017	$155.6M	$159.9M	$101K	$81.2M
2016	$159.0M	$152.8M	$3.1M	$79.0M
2015	$113.2M	$97.9M	$-149K	$64.5M
2014	$98.6M	$89.0M	$9.6M	$59.2M

This organization appears to be a hospital. Explore additional data sources: