Dealert› Deals› St. Martin Monastery

Good Samaritan → St. Martin Monastery

Other United States of America Religious Organizations Nonprofit
Deal summary

Information on the target

Good Samaritan – St. Martin Village, located in Rapid City, South Dakota, is a senior living facility that has recently welcomed 11 Benedictine Sisters from the St. Martin Monastery. These sisters have a long-standing history of service in education and healthcare within the region, having been active since 1889. The facility aims to provide a continuum of care that aligns with the values and mission of the Benedictine community, emphasizing compassion and support for the elderly.

The Benedictine Sisters, including Sister Yvette Mallow, Sister Carol Kavorik, and Sister Therese Marie Furois, have dedicated their lives to serving the community through various roles, including teaching and healthcare. Their transition to Good Samaritan marks a significant chapter in their legacy, as they continue to uphold their mission of care and service in a new environment.

Industry overview in the target’s specific country

The Religious Organizations industry in the United States plays a crucial role in providing community support, social services, and spiritual guidance. This sector encompasses a wide range of faith-based organizations, including churches, monasteries, and other religious institutions that contribute to the social fabric of their communities. The industry is characterized by its commitment to charitable work, education, and healthcare, often filling gaps left by public services.

In South Dakota, the Religious Organizations sector is particularly significant due to the state's unique demographic and cultural landscape. With a strong presence of various denominations, including Lutheran and Catholic communities, these organizations often collaborate to address local needs, such as housing, healthcare, and education. The Benedictine Sisters of St. Martin Monastery exemplify this collaborative spirit, having historically provided educational and healthcare services to the region.

The demand for services provided by religious organizations has been growing, especially in rural areas where access to healthcare and social services can be limited. As the population ages, facilities like Good Samaritan are increasingly vital in offering specialized care, including memory care and assisted living, which are essential for the well-being of seniors. The integration of religious values into these services fosters a sense of community and belonging among residents.

Moreover, the Religious Organizations industry in South Dakota is adapting to changing societal needs, with many institutions expanding their missions to include comprehensive care models that address both physical and sp…

This is a public preview. The full deal page — disclosed financials, full description, advisers, comparable set — is available with a free account.
Create free account
View primary source ↗