Benefis Health System Inc
Nonprofit profile at a glance
- EIN
- 263538104
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Great Falls, MT, USA
- Phone
- 4064552563
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Health Systems
Reported finances
- Revenue
- $135,695,035
- Expenses
- $126,543,023
- Assets
- $825,951,196
- Liabilities
- $386,399,639
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- JOHN GOODNOW (DIRECTOR/CHIEF EXECUTIVE OFFICER)
- KACI HUSTED (SYSTEM SENIOR VICE PRESIDENT)
Highest reported compensation
- JOHN GOODNOW (DIRECTOR/CHIEF EXECUTIVE OFFICER): $1,852,874 total reported compensation
- GREGORY TIERNEY MD (EVP SYSTEM CLINICAL OPERATIONS): $1,441,865 total reported compensation
- FORREST EHLINGER (CRO & EVP (THRU 9/24)): $1,120,999 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We provide excellent care for all, healing body, mind and spirit. Benefis health system, inc. Is organized to oversee, coordinate and direct the assets and operations of benefis hospitals, inc., benefis community care, inc., benefis medical group, inc., benefis health system foundation, inc., benefis community hospitals, inc. And other related entities as part of an integrated healthcare delivery system serving the residents of north central Montana.
What it reported doing in 2024
Provide management and administrative services for multiple related health care entities.
Operating model
- Revenue model
- Earned-program. 93% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 73% for direct work, 1% for grants, and 26% for member benefits.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 61
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.9%; rating input score 99
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 90.9%; rating input score 91; 39th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 6.7%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 6.53; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.47; rating input score 39; 39th percentile among comparable filings
- Officer compensation ratio: 6.5%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 8.4% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: 10.3% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 10.1% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 98.9% of revenue deployed · 100% of spending went to programs
- Governance: 10 of 11 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $126.5M in reported program spending
- Leadership: top reported pay $1.9M · 23 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $40.1M reported
- Consistency: 36 of 36 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 28 filed money-flow records
- Related organizations: 20 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Officer compensation ratio scored 9/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 39/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.