St Peters Health
- Assets
- $451.5m
- Revenue
- $316.2m
- Investments
- $23.9m
- Employees
- 2,121
- Location
- Helena, MT
- Founding
- 03/1937
- Data as of
- 05/2022
- EIN
- 81-0233121
Organization Overview
St Peters Health, operating under the name St Peter's Hospital, is located in Helena, MT. The organization was established in 1937. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 05/2022, St Peter's Hospital employed 2,121 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Peter's Hospital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2022, St Peter's Hospital generated $316.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $307.7m during the year ending 05/2022. While expenses have increased by 6.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, St Peter's Hospital has awarded 27 individual grants totaling $693,266. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH, WELLNESS AND QUALITY OF LIFE OF THE PEOPLE AND COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
SPH IS A NONPROFIT HEALTH CARE SYSTEM LOCATED IN HELENA, MONTANA. OUR SERVICES INCLUDE BUT ARE NOT LIMITED TO A 99-BED ACUTE CARE HOSPITAL, PHYSICIAN CLINICS, CANCER TREATMENT CENTER, 24-BED BEHAVIORAL HEALTH UNIT, URGENT CARE CLINICS, HOME HEALTH AND HOSPICE CARE, DIALYSIS CENTER AND AMBULANCE SERVICES. WE PROVIDE SERVICES TO OUR RESIDENTS FROM A FIVE-COUNTY AREA (LEWIS AND CLARK BROADWATER, POWELL, MEAGHER AND JEFFERSON COUNTIES). IN ADDITION TO FREE CARE AND/OR SUBSIDIZED CARE, CARE IS ALSO PROVIDED AT BELOW COST RATES TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS.
THE HOSPITAL OPERATES SEVERAL PHYSICIAN CLINICS, EMPLOYING 137 PHYSICIANS AND PHYSICIAN ASSISTANTS AND NURSE PRACTITIONERS. WITHOUT THE HOSPITALS ASSISTANCE, LEWIS AND CLARK COUNTY WOULD BE WITHOUT MANY NEEDED MEDICAL AND SURGICAL SPECIALTIES. PHYSICIANS IN THE SPECIALTIES OF FAMILY PRACTICE, INTERNAL MEDICINE, NEUROLOGY, RHEUMATOLOGY, GASTROENTEROLOGY, ENT, CARDIOLOGY, GENERAL SURGERY, ORTHOPEDIC SURGERY, ALLERGY, NEPHROLOGY, RADIATION AND MEDICAL ONCOLOGY HAD APPROXIMATELY 445,030 PATIENT ENCOUNTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Lindsay Md | 40 | $1,059,053 | |
Brandon Newgard Md | 40 | $872,990 | |
Christopher Gabel Md | 40 | $762,378 | |
Wade Johnson Ceo, Ex Officio, Non-Voting | Officer | 39 | $743,086 |
Michael Lee Md | 40 | $722,675 | |
Timothy Grossman Md | 40 | $632,834 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Comphealth Locums | 5/30/22 | $2,877,241 |
Medical Solutions Contract Labor | 5/30/22 | $5,391,238 |
Emtec Consulting Services Oracle Consultant | 5/30/22 | $1,866,259 |
Weatherby Locums Inc Locums | 5/30/22 | $1,760,124 |
Dick Anderson Construction Construction | 5/30/22 | $2,429,028 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,024,441 |
| Government grants | $682,346 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,735,787 |
| Total Program Service Revenue | $279,028,035 |
| Investment income | $1,906,980 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $915,917 |
| Net Gain/Loss on Asset Sales | $28,540,316 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $515,686 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $316,195,673 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $265,010 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,475,221 |
| Compensation of current officers, directors, key employees. | $505,687 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $135,224,958 |
| Pension plan accruals and contributions | $12,439,108 |
| Other employee benefits | $14,681,412 |
| Payroll taxes | $8,231,525 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,828,954 |
| Fees for services: Accounting | $64,852 |
| Fees for services: Lobbying | $60,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,125,096 |
| Fees for services: Other | $30,291,407 |
| Advertising and promotion | $251,719 |
| Office expenses | $2,711,197 |
| Information technology | $1,185,439 |
| Royalties | $0 |
| Occupancy | $2,707,048 |
| Travel | $510,389 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $463,120 |
| Interest | $805,779 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,852,500 |
| Insurance | $2,636,851 |
| All other expenses | $0 |
| Total functional expenses | $307,685,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,277,526 |
| Savings and temporary cash investments | $262,624 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50,515,307 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $13,747,225 |
| Inventories for sale or use | $7,418,876 |
| Prepaid expenses and deferred charges | $4,022,542 |
| Net Land, buildings, and equipment | $127,307,168 |
| Investments—publicly traded securities | $176,598,041 |
| Investments—other securities | $23,927,737 |
| Investments—program-related | $4,182,840 |
| Intangible assets | $0 |
| Other assets | $27,232,077 |
| Total assets | $451,491,963 |
| Accounts payable and accrued expenses | $50,994,348 |
| Grants payable | $0 |
| Deferred revenue | $201,190 |
| Tax-exempt bond liabilities | $33,121,570 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,817,150 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $27,286,157 |
| Total liabilities | $114,420,415 |
| Net assets without donor restrictions | $312,343,308 |
| Net assets with donor restrictions | $24,728,240 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $451,491,963 |
Grants Awarded
Over the last fiscal year, St Peters Health has awarded $190,010 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Helena, MT | | $136,860 |
Helena, MT PURPOSE: Healthy Food Initiative | $40,000 |
Helena, MT PURPOSE: Support Organization | $6,650 |
Helena, MT PURPOSE: Sponsorship | $6,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that St Peters Health has recieved totaling $2,038,787.
| Awarding Organization | Amount |
|---|---|
St Peters Health Foundation Helena, MT PURPOSE: SUPPORT ORGANIZATION | $2,024,441 |
Leo And Kathryn Hiltner Charitable Endowment Las Vegas, NV PURPOSE: GENERAL OPERATING | $14,346 |
Endowment Analysis
| Beg. Balance | $16,797,623 |
| Earnings | -$114,759 |
| Net Contributions | $429,101 |
| Other Expense | $364,534 |
| Ending Balance | $16,747,431 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Monument Health Rapid City Hospital Inc Rapid City, SD | $1,522,340,119 | $951,840,989 |
Saint Alphonsus Regional Medical Center Inc Boise, ID | $925,610,000 | $796,092,917 |
Altru Health System Grand Forks, ND | $1,039,192,012 | $613,611,037 |
Benefis Hospitals Inc Great Falls, MT | $1,107,455,974 | $564,158,876 |
Scl Health Montana Billings, MT | $989,559,217 | $521,618,398 |
Kalispell Regional Medical Center Inc Kalispell, MT | $442,714,603 | $452,513,636 |
St Peters Health Helena, MT | $451,491,963 | $316,195,673 |
St Alexius Medical Center Bismarck, ND | $266,454,652 | $270,899,366 |
Avera St Lukes Aberdeen, SD | $180,080,420 | $208,771,594 |
Saint Alphonsus Medical Center Nampa Inc Nampa, ID | $392,581,927 | $246,576,284 |
Monument Health Network Inc Rapid City, SD | $148,333,045 | $173,170,795 |
Bmh Inc Blackfoot, ID | $124,026,829 | $176,057,600 |