North Arkansas Medical Services
- Assets
- $9.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Harrison, AR
- Founding
- 12/1996
- Data as of
- 03/2022
- EIN
- 71-0787858
Organization Overview
North Arkansas Medical Services is located in Harrison, AR. The organization was established in 1996. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Arkansas Medical Services 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 03/2022, North Arkansas Medical Services generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $490.8k during the year ending 03/2022. While expenses have increased by 15.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
NORTH ARKANSAS MEDICAL SERVICES IS ORGANIZED TO OPERATE FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF AND/OR TO CARRY OUT THE PURPOSES OF THE HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION IS A PUBLIC BENEFIT CORPORATION TO NORTH ARKANSAS REGIONAL MEDICAL CENTER. IT IS ORGANIZED TO OPERATE FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF AND/OR TO CARRY OUT THE PURPOSES OF THE HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherri Billings Chairman | OfficerTrustee | 1 | $0 |
Dan Bowers Vice Chairman | OfficerTrustee | 1 | $0 |
Dr Stephen Beeler Secretary | OfficerTrustee | 1 | $0 |
Vincent Leist CEO Through 12/31/2021 | Officer | 1 | $0 |
Kenneth D Pannell CFO | Officer | 1 | $0 |
Sammie Cribbs CEO Starting 12/31/2021 | Officer | 1 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $842,715 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$131,638 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,116,851 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Office expenses | $500 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $255,934 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $234,413 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $490,847 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,157,574 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $7,446,787 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $469,383 |
| Total assets | $9,073,744 |
| Accounts payable and accrued expenses | $0 |
| 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 | $5,214,414 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,214,414 |
| Net assets without donor restrictions | $3,859,330 |
| 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 | $9,073,744 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that North Arkansas Medical Services has recieved totaling $569,472.
| Awarding Organization | Amount |
|---|---|
North Arkansas Medical Foundation Harrison, AR PURPOSE: MEDICAL EQUIPMENT | $569,472 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Community Foundation Inc Colorado Springs, CO | $497,894,733 | $194,166,172 |
Brown Foundation Inc Houston, TX | $979,120,834 | $115,841,262 |
Community First Foundation Arvada, CO | $565,776,459 | $151,756,882 |
The Arthur M Blank Family Foundation Atlanta, GA | $365,187,486 | $84,889,977 |
Dallas Foundation A Tx Nonprofit Corporation Dallas, TX | $387,395,879 | $137,312,103 |
Robert R Mccormick Foundation Chicago, IL | $1,522,880,168 | $43,489,096 |
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
United Way Of Greater Houston Houston, TX | $90,238,589 | $64,032,577 |
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
Moody Foundation Galveston, TX | $975,031,131 | $132,742,251 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
Pyramid Peak Foundation Memphis, TN | $230,284,852 | $119,724,559 |