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Nonprofiteer
← CONWAY PARENT INC

Form 990 for tax year 2024

Filed by CONWAY PARENT INC.

Totals

Total revenue
$0
Total expenses
$0
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$175,000,000
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$175,000,000
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Balance sheet

Part X, book values.

  • 15 · Other assets

    beginning of year $175,000,000 · end of year $175,000,000

  • 27 · Net assets without donor restrictions

    beginning of year $175,000,000 · end of year $175,000,000

Mission and programs · 2024

Mission

CONWAY PARENT, INC. SUPPORTS THE GOVERNANCE OF CONWAY HOSPITAL, INC., A NON-PROFIT ACUTE CARE HOSPITAL SYSTEM THAT PROVIDES INPATIENT, OUTPATIENT, AND EMERGENCY CARE SERVICES FOR HORRY AND SURROUNDING COUNTIES OF SOUTH CAROLINA.

Activities or mission (Part I)

SUPPORTS THE MISSION OF CONWAY HOSPITAL, INC. TO IMPROVE THE OVERALL HEALTH OF THE COMMUNITY.

  • CONWAY PARENT, INC. OPERATES EXCLUSIVELY FOR THE BENEFIT OF ITS SUPPORTED ORGANIZATION, CONWAY HOSPITAL, INC. (THE HOSPITAL). CONWAY PARENT IS GOVERNED BY A BOARD OF DIRECTORS THAT IS COMPRISED OF A MAJORITY OF THE MEMBERS OF THE BOARD OF TRUSTEES OF CONWAY HOSPITAL, INC., AND AS SUCH HAS A DIRECT ROLE IN THE HOSPITAL'S GOVERNANCE AND THEREBY DIRECTLY ASSISTS THE HOSPITAL IN CARRYING OUT ITS MISSION TO IMPROVE THE OVERALL HEALTH OF THE COMMUNITY.

As filed on the 2024 return.

Listed in Part VII

  • Brian Argo

    PRESIDENT

    Total calculated
    $1,083,093
    From this org
    $0
    From related orgs
    $1,031,464
    Other
    $51,629
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $670,928 related
    Bonus
    $0 + $221,445 related
    Other
    $0 + $139,091 related
    Deferred
    $0 + $16,469 related
    Nontaxable benefits
    $0 + $35,160 related
    Filer's total
    $0 + $1,083,093 related

  • Bret Barr

    DIRECTOR/FORMER CONWAY PRES

    Total calculated
    $89,026
    From this org
    $0
    From related orgs
    $57,406
    Other
    $31,620
    Hours/week
    1 + 5 related

  • Leroy Rainbow Jr

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • Dennis Wade

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • M Wayne Staton

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • William Benson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • Dr Michael Ellis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • Heather Von Hermann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • Dr Hal Holmes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • George N Magrath Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • Candice Abbott

    TREASURER/CFO (AS OF 8/25)

    Total calculated
    $0
    Hours/week
    1 + 44 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
CONWAY HOSPITAL INC. USES THE FOLLOWING METHODS WHEN ESTABLISHING THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
PART I, LINE 4B
SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN CONWAY HOSPITAL PROVIDES A NON-QUALIFIED SUPPLEMENTAL EMPLOYEE RETIREMENT PLAN, A CAPITAL ACCUMULATION PLAN AND AN ENVISION PLUS PLAN TO SENIOR EXECUTIVES SUBJECT TO CERTAIN VESTING REQUIREMENTS AND/OR SUBSTANTIAL RISKS OF FORFEITURE. THE FOLLOWING EXECUTIVE PARTICIPATED IN ONE OR MORE OF THE PLANS DURING THE YEAR: BRIAN ARGO. DURING THE CALENDAR YEAR REPORTED WITHIN THIS YEAR, THE FOLLOWING INDIVIDUAL RECEIVED PAYOUTS FROM THE PLAN: BRIAN ARGO $94,785 THIS AMOUNT IS INCLUDED IN THE WAGES REPORTED ON THIS FORM 990.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • CONWAY HOSPITAL HOLDINGS LLC

    RELATED · HOLDING COMPANY · SC · 70% owned · share of assets $175,000,000

    Directly controlled by CONWAY PARENT INC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • MEDICAL PROPERTIES INC

    C · RENTALS · SC

Provenance

Return type
form_990
Tax year
2024
Filed
12 August 2026
IRS schema version
2024v5.5
Source object
202602249349302600

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