2025-05-28T10:25:03-05:00 2024-09-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2023-10-01 450359620 Sisters of Mary of the Presentation Health System SIST 7012379290 1202 Page Drive SW Fargo ND 58106 Becky Hansen Executive VP/CFO 7012379290 2025-05-22 1 1 Kim Hunwardsen CPA P00484560 6122536500 2025-05-20 2023 2025-03-06 01:10:19Z SMP Health James T Kennelly 1202 Page Drive SW Fargo ND 58106 6142341 0 0928 X www.smphs.org X 1980 ND Provides management and operation leadership to its Catholic health care ministries. 7 6 26 6 0 0 0 0 6884170 5960542 132958 181799 0 0 7017128 6142341 38404 0 0 0 6585830 5731944 0 0 0 305222 470803 6929456 6202747 87672 -60406 56740515 66214893 51148739 59247722 5591776 6967171 X SMP Health System, inspired by the Sisters of Mary of the Presentation, provides leadership to its Catholic health care ministries as they work to fulfill the healing mission of Jesus. 0 0 4653456 5960542 Sisters of Mary of the Presentation Health System facilitates the management and operations of several related healthcare organizations which are located in North Dakota and Illinois. This includes fiscal and administrative responsibilities.We are a Catholic health system which in its diversity of programs and facilities consists of people who care and believe they can make a difference. Our concern is for all people, but the poor and elderly have a special claim on us. (Continued on Schedule O)From our limited resources we provide services characterized by excellence, compassion, and personalized concern. Because we care, we focus on the needs of the whole person, physical, spiritual, psychological, and social.Because we cannot do everything for everyone, we collaborate with others in order to meet the needs of the people in the areas where we serve.We live in a world of change and challenges and we know this will continue into the future. We are people of hope and commitment. The rich diversity of people, professions, skills, talents, and gifts enables us to continue the healing ministry of Jesus. 4653456 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 2 0 1 26 1 0 0 0 0 0 0 0 0 0 0 1 0 X 7 6 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 0 1 1 1 0 X Janet Gerszewski 7012355750 1202 Page Drive SW Fargo ND 58103 X Aaron K Alton President/CEO (until 12/31) 40.00 18.00 X X 1032791 0 62845 James T Kennelly President/CEO (as of 12/31) 1.00 40.00 X X 218995 0 44053 Sr Suzanne Stahl Chairperson 1.00 0.80 X X 0 0 0 Sr Elaine Lange Vice Chair/Secretary 1.00 0.00 X X 0 0 0 Terry Judd Director 1.00 0.00 X 0 0 0 Terry Welle Director 1.00 0.00 X 0 0 0 Mike Bruckbauer Director 1.00 0.00 X 0 0 0 Fr James Meyer Director 1.00 0.00 X 0 0 0 Becky Hansen Executive VP/CFO 40.00 24.00 X 578842 0 77292 Timothy A Muntz-CEO St. Margaret's Health-Spring Valley 1.00 60.00 X 592233 0 67008 Lisa Lynch-VP Finance St. Marg Health-Spring Valley 1.00 40.00 X 280340 0 48646 Chris Albertson-CEO SMP Health-St. Andrew's 1.00 40.00 X 335501 0 50633 Meldine Tang SMP Health-St. Raphael 1.00 40.00 X 252616 0 16897 Matthew Ahrndt-CEO SMP Health-S. Catherine 1.00 40.00 X 245051 0 47045 3536369 0 414419 20 0 1 0 0 Institution Billings 561499 5858123 5858123 Consulting Services 900999 112733 112733 -10314 -10314 5960542 181799 181799 6142341 5960542 0 181799 1301455 1301455 3621990 3621990 165027 165027 365296 365296 278176 223172 55004 82076 82076 34550 34550 76252 76252 97291 37007 60284 83065 73148 9917 9486 9486 20585 17162 3423 7872 5472 2400 16602 16602 25358 25358 17666 17484 182 6202747 4653456 1549291 0 808797 1667304 144109 208715 38943 87423 687083 456025 233679 231058 48547904 56350086 1793255 2249753 5173828 5420554 56740515 66214893 1143243 892375 50005496 58355347 51148739 59247722 X 5591776 6967171 5591776 6967171 56740515 66214893 X -60406 1368646 67155 X X 0 1 X 0 0 X X 7 SMP Health - St Aloisius 450226729 3 0 0 1081731 St Margaret's Health-Spring Valley 362167884 3 0 0 472043 SMP Health - St Andrew's 450226426 3 0 0 710405 SMP Health - St Kateri 450227391 3 0 0 717768 SMH Health - Long Term Care 752999939 10 0 0 2988909 Sisters of Mary of the Presentation Health Ministry 320617468 1 1 0 0 St Margaret's Health - Peru 362852553 3 0 0 0 7 0 5970856 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 Schedule A, Part IV, Section A, Line 1: Sisters of Mary of the Presentation Health Ministry, as the sole member, is listed in the governing documents by name and the class of other organizations are not listed by name. Specifically the class is defined as other not-for-profit organizations controlled by or affiliated with the Sisters of Mary of the Presentation Health Ministry that are exempt as organizations described in Section 501(c)(3) of the Code and described in either Section 509(a)(1) or Section 509(a)(2) of the Code. Schedule A, Part IV, Section A, Line 2: Sisters of Mary of the Presentation Health Ministry is organized as a canonical public juridic person. Sisters of Mary of the Presentation Health Ministry has a determination letter from the IRS. The other supported organizations do not have determination letters from the IRS. The organizations fall under the tax exemption of the US Conference of Catholic Bishops (USCCB) and the organizations appear in the OCD (Official Catholic Directory). The organizations have the USCCB Group Ruling letter and are listed in the OCD. They are considered tax exempt 501(c)(3) organizations under the USCCB. Part IV, Section A, Line 5a and 5b: Prairieland Home Care, Inc., EIN 45-0391192, was removed as a supporting organization as the entity discontinued operations as of July 7, 2023. The board adopted the resolution to dissolve at a meeting of the board of directors on 9/28/2023. Prairieland was not listed by name but was part of a class. The class was defined as other not-for-profit organizations controlled by or affiliated with the Sisters of Mary of the Presentation Health Ministry that are exempt as organizations described in Section 501(c)(3) of the Code and described in either Section 509(a)(1) or Section 509(a)(2) of the Code. Sisters of Mary of the Presentation Health System supports this class of organizations to better ensure the entities can accomplish the charitable healthcare purposes for which they were organized. Prairieland was not listed by name but was part of the class. 135444 135444 354879 261803 93076 136672 139886 -3214 60088 54336 5752 231058 Deferred Compensation Benefits 5420554 5420554 Deposits Payable - Affiliates 50729626 Deferred Compensation Benefits 4917562 Accrued contract guarantee 2708159 58355347 X Part X, Line 2: The entity believes that is has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. The entity would recognize future accrued interest and penalites related to unrecognized tax benefits and liabilites in income tax expense if such interest and penalities are incurred. X 1 1 X X X 0 1 0 0 0 0 0 1 0 Aaron K Alton President/CEO (until 12/31) 837000 0 100672 0 95119 0 35786 0 29705 0 1098282 0 0 0 Timothy A Muntz-CEO St. Margaret's Health-Spring Valley 498200 0 50295 0 43738 0 41383 0 27956 0 661572 0 37738 0 Becky Hansen Executive VP/CFO 515200 0 56217 0 7425 0 45833 0 34105 0 658780 0 1425 0 Chris Albertson-CEO SMP Health-St. Andrew's 281460 0 32208 0 21833 0 20009 0 33271 0 388781 0 15833 0 Lisa Lynch-VP Finance St. Marg Health-Spring Valley 262000 0 18340 0 0 0 18022 0 33228 0 331590 0 0 0 Matthew Ahrndt-CEO SMP Health-S. Catherine 216000 0 21360 0 7691 0 15416 0 33933 0 294400 0 1691 0 Meldine Tang SMP Health-St. Raphael 223740 0 19300 0 9576 0 14897 0 4133 0 271646 0 9576 0 James T Kennelly President/CEO (as of 12/31) 188370 0 22125 0 8500 0 12276 0 33867 0 265138 0 0 0 Part I, Line 1a Sisters of Mary of the Presentation Health System pays golf membership dues at a local county club. The membership dues paid are strictly for business use. Reimbursement to the organization is required for any personal use of the country club. This is stated in a written policy. Part I, Line 4b SMP Health has a nonqualified deferred compensation plan that complies with Section 409A of the IRC. SMP Health begins contributions into the plan after the employee's first year of service. The employee is vested based on a 20 year vesting schedule or becomes fully vested in the event of death, disability or reaching the age of 65. Employee name and amounts included on Schedule J are as follows: Name Part II, column B (iii) Part II, column C JT Kennelly 8,500 Aaron Alton 89,119 Becky Hanson 1,425 1,075 Timothy Muntz 37,738 2,428 Matthew Ahrndt 1,691 809 Chris Albertson 15,833 151 Meldine Tang 9,576 146 Part I, Line 7 Officers are eligible to participate in a performance pay program which provides for an annual potential incentive compensation payout ranging from 10% to 15% dependent upon position. Designated goals and objectives and organizational performance benchmarks are used to determine the percentage. Aaron Alton $100,672 Jack T. Kennelly 22,125 Becky Hansen 56,217 Lisa Lynch 18,340 Chris Albertson 32,208 Timothy Muntz 50,295 Matthew Ahrndt 21,360 Meldine Tang 19,300 Form 990, Part VI, Section A, line 6 The sole member of the Organization is Sisters of Mary of the Presentation Health Ministry. Form 990, Part VI, Section A, line 7a The sole member, Sisters of Mary of the Presentation Health Ministry, has the power to appoint and remove the board members and the Chairperson of the organization. Form 990, Part VI, Section A, line 7b The following reserved powers may only be exercised by and be exclusively vested in the member of the organization: 1. to change the philosophy, objectives, and purposes of the organization for which it was formed and exists; 2. to amend the Articles of Incorporation or the Bylaws; 3. to merge or consolidate with any other corporation; 4. to ratify management contracts approved by the Board with hospitals other than those sponsored by the Sisters of Mary of the Presentation; 5. to effect the dissolution of any corporation of which this organization is a member; 6. to effect the sale, purchase, lease, transfer, exchange, or encumbrance of any land, property, or assets owned by the organization or any corporation of which this organization is a member, or in which such corporations have or will have equitable or legal title; 7. to appoint and remove Board Members; 8. to appoint and remove the Chairperson of the Board; 9. to ratify the appointments of lay directors to the Board Members of any corporation of which this organization is a member; and 10. to approve any other matter that by law or these bylaws requires the approval of the members of the organization. Form 990, Part VI, Section A, line 8b The Organization does not have committees with authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b A copy of the Form 990 is provided to the Organization's governing body before it is filed. The President/CEO and Vice President of Finance review the Form 990. Form 990, Part VI, Section B, line 12c Each Director must submit in writing to the Chairperson of the Board and the President/CEO a list of all business or other organizations of which the individual is an officer, director, trustee, member, owner (either as a sole proprietor or partner), shareholder with a 5% or greater interest in all outstanding voting shares, employee or agent, with which the organization has, or might reasonably in the future enter into, a relationship or a transaction in which the Director would have conflicting interests. Each written statement is resubmitted with any necessary changes each year. The Chairperson of the Board reviews the statements of the Directors and the Vice Chairperson of the Board reviews the statement filed by the Chairperson. When a conflict arises the affected Director makes known the potential conflict, whether disclosed by written statement or not, and after answering any questions, will withdraw from the meeting for as long as the matter continues under discussion. Should the matter be brought to a vote, the affected Director will not vote on it. In the event the Director does not withdraw voluntarily, the Chairperson of the Board as authority to require the Director to remove himself/herself from the room during both the discussion and vote on the matter. In the event the conflict of interest affects the Chairperson, the Vice Chairperson has authority to require the Chairperson remove himself/herself in the same matter. If the matter is the item of business for which a special meeting of the Board was called, the affected Director will not be counted to establish a quorum, and he/she will not participate in the deliberations or vote on it. Form 990, Part VI, Section B, line 15 The Sisters of Mary of the Presentation Health System Board of Trustees directly engage a nationally recognized independent compensation consulting firm to review the total compensation arrangements of the officers and key employees. The Sisters of Mary of the Presentation Health System Board of Trustees approve all compensation based on comparable data and documents their decision in the meeting minutes. The last total compensation review was completed in August 2024. The compensation process is designed to ensure compensation and benefits are reasonable and that individual performance is driving achievement of the Sisters of Mary of the Presentation Health System's mission. The Organization provides market competitive salaries and incentives that recognize exceptional performance and support of the Sisters of Mary of the Presentation Health System's mission goals. The last total compensation review was completed in August 2024. Form 990, Part VI, Section C, line 19 The Organization's governing documents, conflict of interest policy, and financial statements are not available to the public. Financial information is available through the public disclosure copy of the 990. Form 990, Part VII, Section A: Compensation for the related entities is paid by Sisters of Mary of the Presentation Health System. The top five compensated individuals listed in this section are officers of their respective locations. The hours worked, listed below, are for services performed for these locations. Timothy A. Muntz 40 hours for CEO services at St. Margaret's Health-Spring Valley Matthew Ahrndt 40 hours for CEO services at SMP Health-S. Catherine Chris Albertson 40 hours for CEO services at SMP-St. Andrew's Meldine Tang 40 hours for CEO services at SMP Health - St. Raphael Lisa Lynch 40 hours for VP Finance at St. Margaret's Health-Spring Valley Form 990, Part XI, line 9: Forgiveness of related receivables 67,155. Form 990, Part XII, Line 2c: Sisters of Mary of the Presentation Health System does not have a committee that assumes responsibility for oversight of the audit and selection of an independent accountant. The governing board assumes this responsibility. Sisters of Mary of the Presentation Health Ministry 1202 Page Drive SW Fargo ND 58106 320617468 Supports SMP Health and the related entities ND 501(c)(3) Canonical Entity N/A 0 St Aloisius Medical Center dba SMP Health - St Aloisius 325 E Brewster St Harvey ND 58341 450226729 Provision of health care services ND 501(c)(3) Line 3 SMP Health 1 St Andrew's Health Center dba SMP Health - St Andrew's 316 Ohmer St Bottineau ND 58318 450226426 Provision of health care services ND 501(c)(3) Line 3 SMP Health 1 St Andrew's Hospital Foundation dba SMP Health St Andrew's Foundation Inc 316 Ohmer St Bottineau ND 58318 450413201 Support SMP Health - St. Andrew's ND 501(c)(3) Line 12a, I SMP Health 1 Presentation Medical Center dba SMP Health - St Kateri 213 2nd Ave NE Rolla ND 58367 450227391 Provision of health care services ND 501(c)(3) Line 3 SMP Health 1 Sisters of Mary of the Presentation Long Term Care dba SMP Health-Long Term 1202 Page Drive SW Fargo ND 58106 752999939 Provide extended care and medically related services ND 501(c)(3) Line 10 SMP Health 1 St Margaret's Hospital Foundation 600 E 1st St Spring Valley IL 61362 364042262 Support SMP Health - St. Margaret's IL 501(c)(3) Line 12a, I SMP Health 1 SMP Illinois Region Health System dba St Margaret's Health 600 E 1st St Spring Valley IL 61362 842023121 Support related Illinois health care entities IL 501(c)(3) Line 12a, I SMP Health 1 IV HealthCorp Inc 925 W St Peru IL 61354 371211890 Support SMP affiliated entities IL 501(c)(3) Line 12a, I St Margaret's Health 0 St Margaret's Health - Spring Valley 600 E 1st St Spring Valley IL 61362 362167884 Provision of health care services IL 501(c)(3) Line 3 St Margaret's Health 0 Illinois Valley Community Hospital Foundation 925 W St Peru IL 61354 371211780 Support IV HealthCorp, Inc. IL 501(c)(3) Line 12a, I IV HealthCorp Inc 0 St Margaret's Health-Peru 925 W St Peru IL 61354 362852553 Provision of health care services IL 501(c)(3) Line 3 IV HealthCorp Inc 0 Health Care Building Corp 925 W St Peru IL 61354 363306917 Inactive IL N/A C 0 Illinois Valley Health Services Inc 925 W St Peru IL 61354 364050682 Inactive IL N/A C 0 IVCH General Professional Liability Loss Fund 925 W St Peru IL 61354 366673231 Inactive IL N/A T 0 SMP Enterprises Inc PO Box 10007 Fargo ND 581060007 363486506 Collection agency ND SMP Health System C 23381 270783 1.00000 1 Valley Health Enterprises Inc 925 W St Peru IL 61354 363476877 Home medical equipment IL N/A C 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 0 1 1 Presentation Medical Center dba SMP Health - St Kateri L 717768 General ledger Sisters of Mary of the Presentation Long Term Care dba SMP Health - Long Te D 2710671 General ledger St Andrew's Health Center dba SMP Health - St Andrew's L 710405 General ledger SMP Illinois Region Health System dba St Margaret's Health L 472043 General ledger St Aloisius Medical Center dba SMP Health - St Aloisius L 1081731 General ledger Sisters of Mary of the Presentation Long Term Care dba SMP Health - Long Te L 2988909 General ledger