Arkansas Hospital Education & Research Trust Inc
- Assets
- $284.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 01/1968
- Data as of
- 06/2023
- EIN
- 71-0392458
Organization Overview
Arkansas Hospital Education & Research Trust Inc is located in Little Rock, AR. The organization was established in 1968. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Hospital Education & Research Trust Inc 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 06/2023, Arkansas Hospital Education & Research Trust Inc generated $62.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.3%) each year. All expenses for the organization totaled $348.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Arkansas Hospital Education & Research Trust Inc has awarded 23 individual grants totaling $3,201,737. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE LEADERSHIP TRAINING AND PLANNING FOR HOSPITALS IN ARKANSAS THROUGH CONFERENCES AND EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Peterson Chairman | 2.5 | $0 | |
Larry Shackelford Chairman-Ele | 1 | $0 | |
Peggy Abbott Treasurer | 1 | $0 | |
Chris Barber Past Chairma | 1 | $0 | |
Ryan Gehrig Director, At | 1 | $0 | |
Greg Crain Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $62,350 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,350 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $965 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $127,037 |
| Total expenses | $348,122 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $284,465 |
| Other assets | $0 |
| Total assets | $284,465 |
| Total liabilities | $0 |
| Net assets or fund balances | $284,465 |
Grants Awarded
Over the last fiscal year, Arkansas Hospital Education & Research Trust Inc has awarded $222,293 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ADVANCED CARE HOSPITAL WHITE COUNTYADVANCED CARE HOSPITAL WHITE COUNTY PURPOSE: CHAP GRANT ASSIST. | $53,733 |
BAPTIST HEALTH EXTENDED CARE HOSPBAPTIST HEALTH EXTENDED CARE HOSP PURPOSE: CHAP GRANT ASSIST. | $168,560 |