Sisters of Mary of the Presentation Long Term Care

EIN: 752999939 501(c)(3) Health Care

Fargo, ND

Total Revenue
$80,723,026
Total Expenses
$74,808,120
Total Assets
$81,148,186
Net Assets
$54,779,764
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Organization Details

Formation Year
2002
Legal Domicile
ND
Principal Officer
James T Kennelly
Phone
7012379290
Tax Period
2023-10-01 to 2024-09-30

Sisters of Mary of the Presentation Long Term Care, founded in 2002, is a mid-sized nonprofit in the Health Care sector that reported $80.7M in total revenue in fiscal year 2023. Expenses of $74.8M left a modest 7% surplus.

Mission

SMP Health - Long Term Care, inspired by the Sisters of Mary of the Presentation, serves those in our care with respect and compassion as we strive to fulfill the healing mission of Jesus.

Program Service Accomplishments

Program 1
Expenses: $68,055,049 Revenue: $79,770,136

Sisters of Mary of the Presentation Long Term Care dba SMP Health - Long Term Care is sponsored by the Sisters of Mary of the Presentation dba SMP Health, a religious order located in Valley City...

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Sisters of Mary of the Presentation Long Term Care dba SMP Health - Long Term Care is sponsored by the Sisters of Mary of the Presentation dba SMP Health, a religious order located in Valley City, North Dakota. The Sisters of Mary of the Presentation belong to a larger religious community founded in 1828 in Broons, France by two sisters Louise and Laurence LeMarch.SMP Health - Long Term Care is part of the SMP Health Corporation located in Fargo, North Dakota. Statement continued on Schedule O.SMP Health - Long Term Care operates five (5) Skilled Nursing Facilities in the State of North Dakota; included in Ave Maria is an assisted living unit that was purchased effective 1-3-2023 and the specific purposes are: 1. To operate facilities for those aged and other individuals who are in need of housing where 24/7 skilled nursing care and medical support can be provided; 2. To establish, support, manage and furnish facilities, personnel and services to provide extended care and medically related services to the sick, injured, disabled and other persons in need of such services without regard to race, creed, color, sex or national origin; 3. To carry on such activities related to rendering health care services or the promotion of health, which in the opinion of the Board of Directors, may be justified by the facilities, personnel, funds or other requirements that are or can be made available; 4. To engage in any and all activities consistent with or in furtherance of the above purposes.The mission is congruent with the core values of SMP Health and include: Simplicity, keeping our ministry centered on God and service to people. We are simple and direct in our relationships; Hospitality, being open and welcoming all; Compassionate Care, manifesting God's presence by our concerned approach for the dignity and worth of each person as we give excellent personalized care to those we serve; Concern and Care of the Poor, supporting the cause of the poor and the elderly in ways manifested to us and to the extent our human and financial resources allow; Shared Ministry, collaborating as partners with those who share our ministry. We are united to serve the Mission and, as a team, build communities within our ministry; Stewardship, being responsible stewards of our resources: human, physical, and financial.Today, SMP Health - Long Term Care in conjunction with SMP Health carries out the mission to provide skilled nursing care services to those who are less fortunate and in need. As a not-for-profit, Catholic healthcare organization, we treat residents, regardless of their ability to pay. This is consistent with our mission and the Core Values of the Sisters. In addition, SMP Health - Long Term Care provided thousands of dollars in resources, including time and contributions to many throughout the region. Community service is a vital component of the organization since its inception.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $212,050
Program Service Revenue $79,770,136
Investment Income $736,178
Other Revenue $4,662
TOTAL REVENUE $80,723,026

Expense Breakdown

Grants Paid $3,057
Salaries & Benefits $48,806,180
Fundraising Expenses $85,088
Program Expenses $68,055,049
Other Expenses $25,998,883
TOTAL EXPENSES $74,808,120

Year-over-Year Comparison

2023 2022 Change
Revenue $80,723,026 $75,423,035 +0.1%
Expenses $74,808,120 $72,224,887 +0.0%
Net Income $5,914,906 $3,198,148 +0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
5
Employees
1159
Volunteers
216

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
11
$3,224,598
Total Directors
8
$2,014,818
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Aaron K Alton-PresidentCEO SMP Health until 12.31.23 17.00
Officer Director
$0 $62,845 $1,095,636
James T Kennelly-President CEO - SMP Health as of 1.1.24 17.00
Officer Director
$0 $44,053 $263,048
Becky Hansen Executive VP/CFO 24.00
Officer Director
$0 $77,292 $656,134
Frank Redlin Chair 0.50
Officer Director
$0 $0 $0
Paul Carson MD Vice Chair 0.50
Officer Director
$0 $0 $0
Lynette Schmitz Director 0.50
Director
$0 $0 $0
Pastor David Montecuollo Director 0.50
Director
$0 $0 $0
Sr Sharon Houle Director 0.50
Director
$0 $0 $0
Sr Suzanne Stahl Secretary 0.50
Officer
$0 $0 $0
Matthew Ahrndt CEO/Admin-St. Catherine No 40.00
Officer
$0 $47,045 $292,096
Tonie Stoen CEO/Admin - Ave Maria 40.00
Officer
$0 $29,894 $270,332
Bailyn Walz CEO/Admin - Maryhill 40.00
Officer
$0 $21,142 $157,097
Maren Gemar CEO/Admin - St. Raphael 40.00
Officer
$0 $34,742 $220,742
Meldine Tang CFO - St. Catherine North/South 40.00
Officer
$0 $16,897 $269,513
Doreen Wegner RN 40.00
Highest
$141,899 $9,853 $151,752
Debra Steckler Finance Director 40.00
Highest
$137,904 $4,137 $142,041
Evion Douglas RN 40.00
Highest
$135,472 $13,974 $149,446
Marie Ikoe CAN 40.00
Highest
$119,934 $21,016 $140,950
Teresa Widmer Director of Nursing 40.00
Highest
$118,135 $29,241 $147,376
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $80,723,026 $74,808,120 $81,148,186 $5,914,906
2023 $75,423,035 $72,224,887 $74,069,110 $3,198,148
2022 $74,952,070 $66,846,340 $70,434,421 $8,105,730
2021 $63,350,384 $61,413,123 $74,641,519 $1,937,261
2020 $62,090,973 $61,765,256 $69,136,281 $325,717
2019 $59,965,439 $59,946,771 $65,807,451 $18,668
2018 $58,431,175 $57,776,405 $66,999,575 $654,770
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