Arkansas Colleges Of Health Education is located in Fort Smith, AR. The organization was established in 2014. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, Arkansas Colleges Of Health Education employed 200 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Colleges Of Health Education 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 06/2020, Arkansas Colleges Of Health Education generated $26.2m in total revenue. All expenses for the organization totaled $27.3m during the year ending 06/2020. While expenses have increased by 49.6% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O FOR COMPLETE DESCRIPTION - THE MISSION OF THE ARKANSAS COLLEGES OF HEALTH EDUCATION (ACHE) IS TO EDUCATE AND TRAIN A DIVERSE GROUP OF HIGHLY COMPETENT AND COMPASSIONATE HEALTH CARE PROFESSIONALS; TO CREATE HEALTH AND RESEARCH FACILITIES; AND TO PROVIDE HEALTHY LIVING ENVIRONMENTS TO IMPROVE THE LIVES OF OTHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O FOR COMPLETE DESCRIPTION:ACCREDITATION:ARKANSAS COLLEGES OF HEALTH EDUCATION HAS BEEN GRANTED CERTIFICATION TO OFFER THE FOLLOWING DEGREE PROGRAMS BY THE ARKANSAS HIGHER EDUCATION COORDINATING BOARD: DOCTOR OF OSTEOPATHIC MEDICINE, MASTER OF SCIENCE IN BIOMEDICINE, DOCTOR OF PHYSICAL THERAPY, DOCTOR OF OCCUPATIONAL THERAPY, MASTER OF PHYSICIAN ASSISTANT STUDIES AND MASTER OF PUBLIC HEALTH.ARKANSAS HIGHER EDUCATION COORDINATING BOARD CERTIFICATION DOES NOT CONSTITUTE AN ENDORSEMENT OF ANY INSTITUTION OR PROGRAM. SUCH CERTIFICATION MERELY INDICATES THAT CERTAIN CRITERIA HAVE BEEN MET AS REQUIRED UNDER THE RULES AND REGULATIONS IMPLEMENTING INSTITUTIONAL AND PROGRAM CERTIFICATION AS DEFINED IN A.C.A. 6-61-301.THE ARKANSAS COLLEGES OF HEALTH EDUCATION IS ACCREDITED BY THE HIGHER LEARNING COMMISSION (HLC), AN INSTITUTIONAL ACCREDITATION AGENCY RECOGNIZED BY THE U.S. DEPARTMENT OF EDUCATION. EACH OF THE AFOREMENTIONED DEGREES HAVE BEEN APPROVED BY HLC OR ARE ENGAGED IN THE APPROVAL PROCESS. THE AMERICAN OSTEOPATHIC ASSOCIATION (AOA) AND THE COMMISSION ON OSTEOPATHIC COLLEGE ACCREDITATION (COCA) PROVIDES ACCREDITING STANDARDS FOR THE OSTEOPATHIC MEDICAL EDUCATION PROGRAM. ARKANSAS COLLEGE OF OSTEOPATHIC MEDICINE (ARCOM) WAS GRANTED ACCREDITATION WITH HEIGHTENED MONITORING BY COCA EFFECTIVE MAY 2021.ADDITIONAL INDIVIDUAL PROFESSIONAL PROGRAMS OFFERED BY THE ARKANSAS COLLEGES OF HEALTH EDUCATION ARE IN VARIOUS STAGES OF ACCREDITATION, AS APPROPRIATE, BY THEIR RESPECTIVE PROGRAM ACCREDITORS.INSTITUTION AND PROGRAM ACHIEVMENTS: AS A YOUNG POST-GRADUATE INSTITUTION, ACHE CONTINUED INTO ITS EIGHTH YEAR FOCUSED ON MISSION DRIVEN GOALS, AS ESTABLISHED IN THE INSTITUTION'S STRATEGIC PLAN. THE SECOND ARCOM GRADUATION WAS HELD IN MAY 2022 WITH 135 GRADUATES RECEIVING THEIR DOCTOR OF OSTEOPATHIC MEDICINE DEGREE. OF THESE GRADUATES, 99% WERE PLACED IN RESIDENCIES THROUGH THE ACCREDITATION COUNCIL FOR GRADUATE MEDICAL EDUCATION (ACGME) MATCH PROGRAM, WITH THE MAJORITY OF THEM PLACED IN ARKANSAS OR THE SURROUNDING SERVICE AREA. THE MASTER OF SCIENCE IN BIOMEDICINE PROGRAM GRADUATED 35 STUDENTS IN MAY 2022. THE SCHOOL OF PHYSICAL THERAPY MATRICULATED A COHORT OF 44 STUDENTS IN MAY 2022. THE SCHOOL OF OCCUPATIONAL THERAPY MATRICULATED ITS INAGURAL COHORT OF 16 STUDENTS IN JANUARY 2022. ACHE CONTINUED TO DEEPEN ITS INTERPROFESSIONAL RELATIONSHIPS WITH ACCREDITED COLLEGES AND UNIVERSITIES, AND AGREEMENTS WERE SIGNED WITH SEVERAL REGIONAL INSTITUTIONS TO HELP STREAMLINE THEIR STUDENTS' ADMISSIONS INTO ACHE PROGRAMS. PARTNERSHIPS WITH LOCAL AND REGIONAL UNIVERSITIES HELP TO RETAIN STUDENTS, CREATING ADDITIONAL HEALTHCARE PROFESSIONALS FOR OUR COMMUNITY AND STATE.IN MAY 2021 ACHE RECEIVED A $32.3 MILLION GRANT TO BEGIN THE REPURPOSING OF THE BUILDING ACQUIRED TO HOUSE THE RESEARCH INSTITUTE HEALTH AND WELLNESS CENTER. THE GRANT INCLUDED $5 MILLION TO ENDOW PROGRAMS, BASED IN RESEARCH, THAT WILL DIRECTLY IMPACT THE HEALTH AND WELLNESS OF THE COMMUNITY AND STATE. AT THE END OF FISCAL YEAR 2022, RENOVATION OF THE FIRST FLOOR WHICH INCLUDES THE HEALTH AND WELLNESS CENTER, TEACHING KITCHEN, RESEARCH CLINIC, AND EVENT CENTER WAS CLOSE TO COMPLETION. THE SECOND AND THIRD FLOOR RENOVATIONS FOR THE RESEARCH INSTITUTE ARE ALSO UNDERWAY AND EXPECT TO BE COMPLETED IN FISCAL YEAR 2024. ACHE ALSO HIRED ITS FIRST VICE PRESIDENT OF RESEARCH TO OVERSEE THE FORTHCOMING RESEARCH INSTITUTE. THIS STATEMENT OF COMMITMENT TO THE OVERALL FIELDS OF HEALTH, WELLNESS, AND RESEARCH WILL CONTINUE TO ADVANCE THE ACHE MISSION AT AN ACCELERATED PACE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kyle D Parker Ceo/president | Officer | 40 | $991,980 |
Brian Kim President | Officer | 40 | $574,594 |
Rance Mcclain Dean/arcom | 40 | $386,176 | |
Les Smith Vp/coo | Officer | 40 | $382,597 |
Ray Stowers DO Special Asst - Dept Of Clinical Medicine | 40 | $310,426 | |
Donald Sefcik Senior Vp/provost | 40 | $308,282 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Chasen B Garrett Architects Pllc Architect | 6/29/22 | $626,991 |
Tim A Risley & Associates Construction | 6/29/22 | $313,309 |
Action Inc Construction | 6/29/22 | $1,175,992 |
Rick Mooney Construction Inc Construction | 6/29/22 | $6,175,182 |
Ford Audio-video Systems Llc Audio Visual Systems/equipment | 6/29/22 | $507,262 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,514,611 |
Investment income | $889,139 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,067,256 |
Net Gain/Loss on Asset Sales | -$96,219 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $26,184,797 |
Statement of Expenses | |
---|---|
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. | $1,418,622 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $12,748,172 |
Pension plan accruals and contributions | $477,056 |
Other employee benefits | $0 |
Payroll taxes | $868,597 |
Fees for services: Management | $1,288,687 |
Fees for services: Legal | $31,556 |
Fees for services: Accounting | $37,170 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $94,934 |
Fees for services: Other | $73,974 |
Advertising and promotion | $227,850 |
Office expenses | $0 |
Information technology | $760,990 |
Royalties | $0 |
Occupancy | $537,173 |
Travel | $410,508 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $99,828 |
Interest | $1,188,126 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,548,436 |
Insurance | $1,622,551 |
All other expenses | $0 |
Total functional expenses | $27,258,180 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,814,141 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $377,261 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $123,255 |
Investments—publicly traded securities | $1,539,013 |
Investments—other securities | $0 |
Investments—program-related | $36,243,184 |
Intangible assets | $0 |
Other assets | $10,338,203 |
Total assets | $125,131,280 |
Accounts payable and accrued expenses | $5,624,226 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $54,066,691 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $59,690,917 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $65,440,363 |
Over the last fiscal year, we have identified 4 grants that Arkansas Colleges Of Health Education has recieved totaling $183,000.
Awarding Organization | Amount |
---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $80,000 |
Walter O Caldwell Foundation Fort Smith, AR PURPOSE: GENERAL PURPOSE OF EXEMPT ORGANIZATION | $50,000 |
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: OCCUPATIONAL THERAPY PROGRAM | $35,000 |
Parkinsons Foundation Inc Miami, FL | | $18,000 |
Beg. Balance | $5,268,810 |
Earnings | -$702,067 |
Net Contributions | $735,485 |
Ending Balance | $5,302,228 |
Organization Name | Assets | Revenue |
---|---|---|
Harding University Searcy, AR | $405,616,863 | $135,462,423 |
University Of Mary Hardin-Baylor Belton, TX | $347,893,430 | $125,812,163 |
Oklahoma City University Oklahoma City, OK | $362,717,659 | $109,214,951 |
Rockhurst University Kansas City, MO | $176,706,478 | $126,555,115 |
University Of St Thomas Houston, TX | $283,234,320 | $105,820,865 |
Columbia College Columbia, MO | $267,475,036 | $84,570,180 |
Texas Wesleyan University Fort Worth, TX | $187,144,342 | $108,798,845 |
Park University Parkville, MO | $196,638,780 | $102,110,275 |
William Carey University Hattiesburg, MS | $258,133,608 | $93,416,449 |
Hardin-Simmons University Abilene, TX | $364,651,432 | $94,074,650 |
Austin College Sherman, TX | $297,085,241 | $79,413,708 |
Our Lady Of The Lake University Of San Antonio San Antonio, TX | $113,222,017 | $76,356,070 |