Washington Reginal Medical System
- Assets
- $34.8m
- Revenue
- $85.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Fayetteville, AR
- Founding
- 05/1989
- Data as of
- 12/2021
- EIN
- 71-0664686
Organization Overview
Washington Reginal Medical System is located in Fayetteville, AR. The organization was established in 1989. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, 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. Washington Reginal Medical System 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 12/2021, Washington Reginal Medical System generated $85.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $129.2m during the year ending 12/2021. While expenses have increased by 7.6% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WASHINGTON REGIONAL MEDICAL SYSTEM (WRMS) PROVIDES MGT,STRATEGIC PLANNING AND FINANCIAL SUPPORT TO AND FOR WRMC, WR MEDICORP, WRM SERVICES, WRM FOUNDATION AND EUREKA REGIONAL HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TWENTY THREE SPECIALTY CLINICS EMPLOY 71 PHYSICIANS AND 57 APN'S/PA'S FOCUSED ON SENIOR HEALTH, NEUROSURGERY, PAIN MANAGEMENT, UROLOGY, RADIOLOGY SERVICES, INTERNAL MEDICINE, AND CARDIAC SERVICES. THESE CLINICS PROVIDED SERVICES OF 684,343 RELATIVE VALUE UNITS IN 2021. PATIENTS RECEIVE TREATMENT REGARDLESS OF ABILITY TO PAY.
TWO WOMEN'S CLINICS,A NEONATOLOGY GROUP AND PEDIATRIC HOSPITALISTS GROUP EMPLOY 17 PHYSICIANS FOCUSED ON WOMEN'S AND INFANTS' HEALTH PROVIDING SERVICES OF 94,907 RELATIVE VALUE UNITS IN 2021. PATIENTS RECEIVE TREATMENT REGARDLESS OF ABILITY TO PAY.
TEN FAMILY MEDICAL CLINICS EMPLOY 23 PHYSICIANS AND 13 APN'S/PA'S ON GENERAL HEALTH CARE NEEDS PROVIDING SERVICES OF 117,522 RELATIVE VALUE UNITS IN 2021. PATIENTS RECEIVE TREATMENT REGARDLESS OF ABILITY TO PAY.
DIAGNOSTIC CLINICS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Shaun Senter Physician | 40 | $1,602,436 | |
Dr Joel Carver Physician | 40 | $1,455,068 | |
Dr Boris Bogomilov Physician | 40 | $1,417,518 | |
Dr Larry Armstrong Physician | 40 | $1,378,368 | |
Dr Zuber Ahmed Physician | 40 | $1,286,072 | |
Paula Storment VP Clinical Operations | Officer | 40 | $184,089 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,075,247 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,075,247 |
| Total Program Service Revenue | $71,149,864 |
| Investment income | $14,724 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $84,361 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $85,295,447 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $213,966 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,842,374 |
| Pension plan accruals and contributions | $2,620,865 |
| Other employee benefits | $4,162,309 |
| Payroll taxes | $4,431,366 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $211,866 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,160,245 |
| Travel | $49,434 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $144,370 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $904,369 |
| Insurance | $827,987 |
| All other expenses | $5,365,618 |
| Total functional expenses | $129,239,936 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$463,111 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,723,570 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $538,107 |
| Prepaid expenses and deferred charges | $1,269,892 |
| Net Land, buildings, and equipment | $4,353,287 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,425,231 |
| Total assets | $34,846,976 |
| Accounts payable and accrued expenses | $12,351,502 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,378,780 |
| Total liabilities | $32,730,282 |
| Net assets without donor restrictions | $2,116,694 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $34,846,976 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Washington Reginal Medical System has recieved totaling $5,782,846.
| Awarding Organization | Amount |
|---|---|
Washington Regional Medical Center Fayetteville, AR PURPOSE: COMMUNITY NEEDS | $5,782,846 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ssm Health Care Corporation St Louis, MO | $4,485,127,106 | $1,033,534,741 |
Christus Health Irving, TX | $2,730,342,875 | $1,012,200,002 |
Bjc Health System St Louis, MO | $5,456,592,622 | $1,155,105,032 |
Christus Spohn Health System Corporation Corpus Christi, TX | $773,059,009 | $811,978,988 |
Texas Health Resources Arlington, TX | $9,455,761,477 | $1,385,584,603 |
Texas Health Presbyterian Hospital Dallas Dallas, TX | $387,904,806 | $734,427,903 |
Memorial Health Care System Inc Chattanooga, TN | $833,500,042 | $655,181,018 |
Wellmont Health System Johnson City, TN | $425,394,041 | $662,198,822 |
Alexian Brothers Health System St Louis, MO | $397,387,025 | $531,298,685 |
Integris Health Inc Oklahoma City, OK | $2,892,749,612 | $350,408,586 |
Christus Health Ark-La-Tex Texarkana, TX | $179,097,861 | $355,246,256 |
Franciscan Missionaries Of Our Lady Health System Inc Baton Rouge, LA | $2,901,002,958 | $303,834,510 |