Presbyterian Retirement Village of Rapid City

Nonprofit profile at a glance

EIN
460354383
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Rapid City, SD, USA
Phone
6053420255
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Affiliation
Christianity

Official website

Reported finances

Revenue
$31,062,544
Expenses
$24,519,131
Assets
$158,688,153
Liabilities
$63,794,486

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • TYLER DONAHUE (CEO)

Highest reported compensation

  • DARYL REINICKE (DIR PROJECT): $334,208 total reported compensation
  • TYLER DONAHUE (CEO): $218,849 total reported compensation
  • LEAH BIFULCO (CFO): $153,090 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The sole program service of this organization is to maintain and operate a campus and retirement community to provide care to the elderly, including housing, nursing, cultural, and recreational services.

What it reported doing in 2024

Westhills village retirement community is an economical continuing care community, providing gracious and secure retirement living in a pleasant environment at a reasonable cost. Its purpose is to enable residents to use their gifts fully, live their lives richly, and to make the best of the years that god has given them. Westhills village offers choices for independent senior living, assisted living, and health care services. Being innovative and maintaining the highest standards encourages meaningful and comfortable living without forfeiting privacy and dignity. Westhills ministers to the physical, mental, social, and spiritual requirements of each individual. Westhills continues to take a leadership role in assessing the retirement and health care needs of the community at large. Responding to those needs enhances the status and image of westhills while improving the community's quality of life. Westhills has a 44 bed health care unit and a 52 bed health care unit, nearly 230 independent living units along with a commons area for residents, and 44 assisted living apartments. During 2025, westhills village began construction of 36 additional independent living units in the form of 18 townhomes. These are anticipated to be completed in early 2027.

Operating model

Revenue model
Earned-program. 88% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.3%; rating input score 61
  • Program expense ratio: 83.3%; rating input score 83
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th 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: 21.1%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 6.47; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.4; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 5.6%; rating input score 46; 46th percentile among comparable filings

Growth

  • Program expense growth: 4.4% per year; rating input score 100; 37th percentile among comparable filings
  • Revenue growth: 4.6% per year; rating input score 100; 40th percentile among comparable filings
  • Asset growth: 6% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: 61.3% of revenue deployed · 83.3% of spending went to programs
  • Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $20.4M in reported program spending
  • Leadership: top reported pay $334K · 17 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $3.7M reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.
  • Moderate — Sustainability: Officer compensation ratio scored 46/100.