HOLY ROSARY HEALTHCARE

EIN: 810231792 501(c)(3) Health Care

MILES CITY, MT

Total Revenue
$91,784,616
Total Expenses
$77,039,842
Total Assets
$102,833,838
Net Assets
$95,437,600
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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
MT
Principal Officer
KAREN COSTELLO
Phone
4062332600
Tax Period
2023-01-01 to 2023-12-31

HOLY ROSARY HEALTHCARE, founded in 1961, is a mid-sized nonprofit in the Health Care sector that reported $91.8M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $14.7M, a strong 16% operating margin.

Mission

WE REVEAL AND FOSTER GOD'S HEALING LOVE BY IMPROVING THE HEALTH OFTHE PEOPLE AND COMMUNITIES WE SERVE, ESPECIALLY THOSE WHO ARE POORAND VULNERABLE.

Program Service Accomplishments

Program 1
Expenses: $63,977,353 Revenue: $90,927,365

FOUNDED IN 1910, HOLY ROSARY HEALTHCARE IS EASTERN MONTANA'S HEALTHCARE DESTINATION. HOLY ROSARY OPERATES A COMPREHENSIVE ACUTE-CARE HOSPITAL, PHYSICIAN CLINICS, A RESIDENTIAL LIVING COMMUNITY, AND...

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FOUNDED IN 1910, HOLY ROSARY HEALTHCARE IS EASTERN MONTANA'S HEALTHCARE DESTINATION. HOLY ROSARY OPERATES A COMPREHENSIVE ACUTE-CARE HOSPITAL, PHYSICIAN CLINICS, A RESIDENTIAL LIVING COMMUNITY, AND HOSPICE AND PALLIATIVE CARE SERVICES - PROVIDING A COMPLETE CONTINUUM OF CARE TO A 11-COUNTY REGION OF EASTERN MONTANA. IN AUGUST 1910, THE PRESENTATION SISTERS OF ABERDEEN, SOUTH DAKOTA, ASSUMED MANAGEMENT AND OPERATION OF THE COUNTY HOSPITAL IN MILES CITY AT THE REQUEST OF THE COMMUNITY, THE MILWAUKEE RAILROAD AND THE DOCTORS ASSOCIATED WITH THE RAILROAD. IN 1915, THE SISTERS PURCHASED THE HOSPITAL, COMMITTING TO A RELATIONSHIP WITH THE COMMUNITY THAT WOULD EXTEND FOR DECADES.IN 1995, HOLY ROSARY HEALTHCARE OPENED A NEW COST EFFECTIVE FACILITY ON A 58-ACRE CAMPUS IN MILES CITY THAT ALLOWED PHYSICIANS AND OTHER CARE FACILITIES TO LOCATE IN THE NEW HOSPITAL BUILDING. THE BUILDING OF THE NEW FACILITY AND MOVING INTO THE NEW FACILITY WAS A COMMUNITY-WIDE EFFORT, AND WAS ACCOMPLISHED THROUGH THE CONTRIBUTIONS OF THE STAFF, PHYSICIANS, BOARD MEMBERS, COMMUNITY MEMBERS AND VOLUNTEERS.IN KEEPING WITH THE NEW COVENANT PROCESS, SISTERS OF CHARITY OF LEAVENWORTH HEALTH SYSTEM, INC. (SCLHS) ASSUMED SPONSORSHIP OF HOLY ROSARY HEALTHCARE IN 1997. TODAY, THE HOSPITAL, RESIDENTIAL LIVING COMMUNITY, AND CLINICS SERVE AS A CENTRALIZED SETTING FOR COMPREHENSIVE HEALTH CARE FOR THE PEOPLE ACROSS EASTERN MONTANA. ON APRIL 1, 2022, INTERMOUNTAIN HEALTH CARE, INC. AND SISTERS OF CHARITY OF LEAVENWORTH HEALTH SYSTEM, INC. AFFILIATED, CREATING A MODEL HEALTH SYSTEM THAT PROVIDES HIGH-QUALITY, ACCESSIBLE, AND AFFORDABLE HEALTHCARE TO COMMUNITIES IN UTAH, IDAHO, NEVADA, COLORADO, MONTANA, WYOMING, AND KANSAS. THE ORGANIZATION EMPLOYS MORE THAN 66,000 CAREGIVERS, OPERATES 33 HOSPITALS (INCLUDING ONE VIRTUAL HOSPITAL), AND RUNS HUNDREDS OF CLINICS, WHILE PROVIDING HEALTH INSURANCE TO OVER ONE MILLION PEOPLE IN UTAH, IDAHO AND NEVADA.AS PART OF INTERMOUNTAIN HEALTHCARE, HOLY ROSARY HAS DIRECT ACCESS TO BEST PRACTICES, RESOURCES, TECHNOLOGY, TALENT ANDSTRATEGIC CAPITAL.TODAY, HOLY ROSARY HEALTHCARE SERVES SEVERAL EASTERN MONTANA COUNTIES, WHICH COVER OVER 20,000 SQUARE MILES. MORE THAN HALF OF THE PEOPLE RECEIVING HEALTHCARE IN MILES CITY, WHICH HAS A POPULATION OF 8,000, ARE FROM OUTSIDE CUSTER COUNTY. THEREFORE, HOLY ROSARY HEALTHCARE'S IMPACT ON THE HEALTHCARE DELIVERY SYSTEM REACHES FAR BEYOND CITY AND COUNTY LINES. AS PART OF THE MONTANA MARKET WITHIN THE PEAKS REGION OF INTERMOUNTAIN HEATLH CARE, INC., HOLY ROSARY IS AFFILIATED WITH ST. JAMES HEALTHCARE IN BUTTE AND SCL HEALTH - MONTANA (DOING BUSINESS AS ST. VINCENT HEALTHCARE) IN BILLINGS, GIVING IT ACCESS TO SOME OF THE STATE'S MOST ADVANCED MEDICAL TECHNOLOGY. HOLY ROSARY HAS A HISTORIC COMMITMENT TO SERVING THE POOR AND THOSE WITH LIMITED ACCESS TO HEALTHCARE. THE COMMITMENT IS TO THE WORTH AND DIGNITY OF THE WHOLE PERSON - SPIRITUAL, PSYCHOLOGICAL, AND MEDICAL.HOLY ROSARY IS CURRENTLY LICENSED BY THE STATE OF MONTANA AND IS ACCREDITED BY THE JOINT COMMISSION ON ACCREDITATION OF HEALTH CARE ORGANIZATIONS. HOLY ROSARY HAS 25 ACUTE CARE AND 90 EXTENDED CARE BEDS. HOLY ROSARY IS RECOGNIZED AS ONE OF THE BEST MATERNITY HOSPITALS IN THE COUNTRY BY US NEWS AND WORLD REPORT.HOLY ROSARY HEALTHCARE HAS A VARIETY OF PROGRAMS AND SERVICES TO SERVE THE COMMUNITY INCLUDING BUT NOT LIMITED TO:- CANCER CARE- EMERGENCY AND TRAUMA SERVICES- FAMILY HEALTH AND WELLNESS- HOSPICE AND PALLIATIVE CARE- LABOR AND DELIVERY, LEVEL II NEONATAL INTENSIVE CARE UNIT (NICU)- ORTHOPEDICS- RADIOLOGY, IMAGAING AND ANCILLARY SERVICES- RESIDENTIAL LIVING- SPORTS MEDICINE- SURGERY CENTER- THERAPY AND REHAB SERVICES- WALK-IN CARE 7 DAYS A WEEK- WOMEN'S HEALTH SERVICESDURING 2023, HOLY ROSARY HEALTHCARE HAD THE FOLLOWING RESULTS:ADMISSIONS 962 OUTPATIENT VISITS 36,981EMERGENCY ROOM VISITS 5,268BIRTHS - 200SURGERIES 432 LAB TESTS 86,774MISSION, VISION, AND VALUES:MISSION:WE REVEAL AND FOSTER GOD'S HEALING LOVE BY IMPROVING THE HEALTH OF THE PEOPLE AND COMMUNITIES WE SERVE, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.VISION:INSPIRED BY OUR FAITH, WE WILL PARTNER WITH OUR PATIENTS AND COMMUNITIES TO EXCEED THEIR EXPECTATIONS FOR HEALTH.VALUES:CARING SPIRIT - WE HONOR THE SACRED DIGNITY OF EACH PERSON.EXCELLENCE - WE SET AND SURPASS HIGH STANDARDS.GOOD HUMOR - WE CREATE JOYFUL AND WELCOMING ENVIRONMENTS. INTEGRITY - WE DO THE RIGHT THING WITH OPENNESS AND PRIDE. SAFETY - WE DELIVER CARE THAT SEEKS TO ELIMINATE ALL HARM FORPATIENTS AND ASSOCIATES.STEWARDSHIP - WE ARE ACCOUNTABLE FOR THE RESOURCES ENTRUSTED TOUS.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $409,167
Program Service Revenue $90,723,397
Investment Income $389,337
Other Revenue $262,715
TOTAL REVENUE $91,784,616

Expense Breakdown

Grants Paid $32,120
Salaries & Benefits $29,899,581
Fundraising Expenses $0
Program Expenses $63,977,353
Other Expenses $47,108,141
TOTAL EXPENSES $77,039,842

Year-over-Year Comparison

2023 2022 Change
Revenue $91,784,616 $73,240,539 +0.3%
Expenses $77,039,842 $67,693,600 +0.1%
Net Income $14,744,774 $5,546,939 +1.7%
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
16
Independent Members
14
Employees
383
Volunteers
13

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
7
$2,788,513
Total Directors
17
$2,111,838
Key Employees
4
$1,644,670
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRYAN JOHNSON INTERIM PRESIDENT, MT REGION (PARTIAL) 2.00
Officer Director
$0 $282,612 $967,224
JENNIFER ALDERFER PRESIDENT, MT REGION (PARTIAL) 4.00
Officer Director
$0 $42,121 $798,804
JAMES RITCHEY FORMER KEY EMPLOYEE 0.00
$0 $181,079 $615,500
MICHAEL BUSH MD VP CHIEF MEDICAL OFFICER 50.00
Key Emp
$414,665 $189,929 $604,594
PAMELA PALAGI VP FINANCE REGION MT 4.00
Officer
$0 $148,363 $534,383
CRAIG THOMPSON MD PHYSICIAN 50.00
Highest
$465,086 $43,919 $509,005
KAREN COSTELLO PRESIDENT HRH 50.00
Officer
$336,872 $151,230 $488,102
JAY LITTLEFIELD MD PHYSICIAN 50.00
Highest
$457,773 $17,907 $475,680
PHILLIP CLEMENT MD PHYSICIAN ED 50.00
Highest
$371,660 $34,360 $406,020
JEANNETTE MCINTYRE MD PHYSICIAN 50.00
Highest
$369,792 $27,328 $397,120
ADAM SCHAFER VP NETWORK DEVELOPMENT MT REGION 4.00
Key Emp
$0 $122,709 $396,461
SUSAN PETERSEN MD DIRECTOR 1.00
Director
$0 $15,404 $345,810
TRACY NEARY VP MISSION INTEGRATION MT REGION 4.00
Key Emp
$0 $111,563 $339,551
STEVEN GRIFFIN MD PHYSICIAN 50.00
Highest
$291,032 $40,585 $331,617
BENJAMIN UHLICH VP CHIEF NURSING OFFICER/CHIEF OPEARATING OFFICER 50.00
Key Emp
$208,309 $95,755 $304,064
CHRISTOPHER EDWARDS VICE CHAIR 1.00
Officer Director
$0 $0 $0
KAREN FAGG DIRECTOR 1.00
Director
$0 $0 $0
DANETTE GLEASON CHAIR 1.00
Officer Director
$0 $0 $0
SISTER EILEEN HURLEY DIRECTOR 1.00
Director
$0 $0 $0
SISTER JUDITH JACKSON DIRECTOR 1.00
Director
$0 $0 $0
MJ JANSSEN DIRECTOR 1.00
Director
$0 $0 $0
BERNARD MCCARTHY DIRECTOR 1.00
Director
$0 $0 $0
CHARLES NOTBOHM SECRETARY 1.00
Officer Director
$0 $0 $0
COLLEEN O'LEARY DIRECTOR 1.00
Director
$0 $0 $0
NGUYEN-VU PHAM DIRECTOR 1.00
Director
$0 $0 $0
BECKY RENO DIRECTOR 1.00
Director
$0 $0 $0
MAJEL RUSSELL DIRECTOR 1.00
Director
$0 $0 $0
CINDY SORICH DIRECTOR 1.00
Director
$0 $0 $0
MISTY STEADMAN DIRECTOR 1.00
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $91,784,616 $77,039,842 $102,833,838 $14,744,774
2022 $73,240,539 $67,693,600 $88,354,527 $5,546,939
2021 $75,023,431 $60,246,426 $74,616,911 $14,777,005
2020 $64,202,519 $56,292,826 $66,405,455 $7,909,693
2019 $61,596,026 $55,558,526 $51,428,482 $6,037,500
2018 $53,281,369 $50,635,810 $43,346,206 $2,645,559
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