Form 990 for tax year 2024
Filed by ARKANSAS FOUNDATION FOR MEDICAL CARE INC.
Totals
- Total revenue
- $41,318,658
- Total expenses
- $42,278,322
- Contributions and grants received
- $33,107,650
- Grants paid
- $0
- Program service revenue
- $7,167,697
- Investment income
- $1,008,958
- Other revenue
- $34,353
- Total assets, end of year
- $43,508,243
- Total liabilities, end of year
- $5,236,674
- Net assets or fund balances, end of year
- $38,271,569
- Program services expenses (Part IX)
- $39,399,141
- Management and general expenses
- $2,879,181
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $39,399,141
Program services were 93.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$33,107,650
-
2a · Program service revenue: PRIVATE REVENUE FROM OPERATIONS
total $7,167,697 · related or exempt $7,167,697
-
3 · Investment income
total $648,330 · excluded $648,330
-
6a · Gross rents
real property $224,395
-
6b · Less rental expenses
real property $190,042
-
6c · Rental income or loss
real property $34,353
-
6d · Net rental income or loss
total $34,353 · excluded $34,353
-
7a · Gross sales of assets other than inventory
securities $5,588,252
-
7b · Less cost or other basis and sales expenses
securities $5,227,624
-
7c · Gain or loss
securities $360,628
-
7d · Net gain or loss
total $360,628 · excluded $360,628
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $2,686,936 · program services $2,501,513 · management and general $185,423
-
7 · Other salaries and wages
total $17,755,035 · program services $16,529,774 · management and general $1,225,261
-
9 · Other employee benefits
total $10,654,405 · program services $9,919,154 · management and general $735,251
-
11g · Fees: other
total $3,148,810 · program services $3,052,496 · management and general $96,314
-
17 · Travel
total $524,816 · program services $467,397 · management and general $57,419
-
24a · Other expenses: OTHER COSTS
total $7,458,874 · program services $6,879,361 · management and general $579,513
-
24b · Other expenses: PHYSICIAN ADVISORS
total $49,446 · program services $49,446
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $9,234,322 · end of year $7,647,810
-
4 · Accounts receivable
beginning of year $3,967,467 · end of year $5,023,094
-
9 · Prepaid expenses and deferred charges
beginning of year $1,150,765 · end of year $997,231
-
10a · Land, buildings and equipment: cost or other basis
$18,568,032
-
10b · Land, buildings and equipment: accumulated depreciation
$8,623,956
-
10c · Land, buildings and equipment, net
beginning of year $8,948,205 · end of year $9,944,076
-
11 · Investments: publicly traded securities
beginning of year $18,029,663 · end of year $19,896,032
-
17 · Accounts payable and accrued expenses
beginning of year $3,131,262 · end of year $5,236,674
-
27 · Net assets without donor restrictions
beginning of year $38,199,160 · end of year $38,271,569
Mission and programs · 2024
Mission
TO PROMOTE EXCELLENCE IN HEALTH CARE THROUGH EVALUATION AND EDUCATION
Activities or mission (Part I)
ARKANSAS FOUNDATION FOR MEDICAL CARE, INC. DEVELOPS AND PROMOTES COOPERATIVE QUALITY IMPROVEMENT PROJECTS INVOLVING HOSPITALS, NURSING HOMES, HOME HEALTH AGENCIES, PHYSICIANS, AND OTHER STAKEHOLDERS IN ORDER TO IMPROVE THE DELIVERY, QUALITY, AND COST-EFFECTIVENESS OF HEALTH CARE PROVIDED FOR MEDICARE AND MEDICAID BENEFICIARIES.
-
DPSQA INSPECTION OF CARE (IOC)THE STATE'S DHS DIVISION OF PROVIDER SERVICES & QUALITY ASSURANCE (DPSQA) IOC CONTRACT WITH AFMC CONSISTS OF THE FOLLOWING REVIEWS: HEALTH & SAFETY, DYS, PRTF FEDERAL AND PRTF LICENSURE. THE HEALTH & SAFETY INCLUDES ARCHOICES, PACE, CSSP, BEHAVIORAL HEALTH AND ADDITIONALLY CERTIFICATION BEHAVIORAL HEALTH. AFMC COMPLETES ALL INITIAL VISITS FOR THE ENHANCED CSSP FACILITIES. THROUGH THIS WORK, WE ENSURE PROGRAM SERVICE PROVIDERS ARE MEETING THEIR FEDERAL REQUIREMENTS, MEDICAID PARTICIPATION REQUIREMENTS OR LICENSURE CERTIFICATION REQUIREMENTS INCLUDING STAFF REQUIREMENTS, STAFF INTERVIEWS AND CLIENT INTERVIEWS. OUR IOC TEAM IS FIELD-BASED AND SCATTERED ACROSS THE STATE.
Expenses $2,572,049
-
MCAID REVIEW-CLINICAL SERVICESOUR CLINICAL REVIEW TEAM, BASED IN OUR FORT SMITH OFFICE, PERFORMS UTILIZATION REVIEW FOR THE STATE'S MEDICAID PROGRAM. A MULTI-DISCIPLINARY TEAM CONSISTING OF PHYSICIANS, NURSING, AND ADMINISTRATIVE STAFF APPLY MEDICAL NECESSITY REVIEW PROTOCOLS AND EXPERTISE FOR UTILIZATION REVIEW. DURING SFY 2025 OUR CLINICAL SERVICES DEPARTMENT PERFORMED 102,825 PRIOR AUTHORIZATION REVIEWS AND 59,902 RETROSPECTIVE REVIEWS. IN ADDITION, THIS TEAM PROVIDES OTHER SERVICES SUCH AS DRUG MONOGRAPH DEVELOPMENT, EXPERT WITNESS FOR APPEAL HEARINGS, AND CPT/HCPCS CODE REVIEWS. THROUGH THIS WORK, WE ENSURE APPROPRIATE UTILIZATION OF SERVICES AND BENEFICIARIES RECEIVE TREATMENT THAT CONFORMS TO STANDARDS OF CARE AND EVIDENCED BASED PRACTICES. PROVIDED REVIEW SERVICE AS REQURIED BY CONTRACT PRIOR AUTHORIZATION OF ASSISTANT SURGEON- 308PRIOR AUTHORIZATION OF MUMPS - 0PRIOR AUTHORIZATION OF DME - 23,507TARGETED CASE MANAGEMENT REVIEW - 0PHYSICIAN DRUG REVIEW - 4,626 EMERGENCY ROOM REVIEW - 45,350 INPATIENT REVIEW - 19,134RETRO REVIEW - 33,526OUT OF STATE - 94EMERGENCY MEDICAID NON-COVERED - 0EXTENSION OF BENEFIT/MOLECULAR PATHOLOGY REVIEW - 0MOLECULAR PATHOLOGY - 6,619ORGAN TRANSPLANT REVIEW - 45PVT OPTION REVIEWS - 0NICU -0THERAPY PERSONAL CARE - 0PRIVATE DUTY NURSING - 314SUSPENDED CLAIMS - 1,156MEDICAL TRANSPORT - 1,106EPSDT - 0LONG TERM CARE - 0FORMULA - 0MEDICAL SUPPLIES - 237APPEAL HEARINGS - 167OPPD - 181LAB AND RADIOLOGY - 22,813PROFESSIONAL SERVICES - 23,269
Expenses $7,822,547
-
MCAID BENEFICIARY RELATIONS & NET ADMINISTRATION CONTRACT / CALL CENTER SERVICESTHROUGH THIS CONTRACT, WE HAVE FOUR STATE AGENCIES THAT AVAIL THEMSELVES OF AFMC'S SERVICES FOR THEIR CLIENTS: DIVISION OF MEDICAL SERVICES (DMS); DIVISION OF COUNTY OPERATIONS (DCO); DIVISION OF AGING, ADULT & BEHAVIORAL HEALTH SERVICES (DAABHS); DIVISION OF PROVIDER SERVICES & QUALITY ASSURANCE. THROUGH THE DELIVERABLES OF THIS CONTRACT, WE PERFORM TWO PRIMARY FUNCTIONS: (1) SERVE TO LIAISE BETWEEN THE STATE PROVIDER NETWORK AND THE STATE AGENCIES, AND (2) SERVE THE CLIENTS OF THE RESPECTIVE STATE AGENCIES. OUR MISSION IS TO PROVIDE VALUABLE CUSTOMER SERVICE FOR ALL INDIVIDUALS WHO ARE ELIGIBLE FOR SERVICES THROUGH ARKANSAS'S SOCIAL SERVICES SYSTEMS, PRIMARILY THE MEDICAID PROGRAM. WE PERFORM OUTREACH TO EDUCATE AND SEEK FEEDBACK FROM THE PROVIDERS OF ARKANSAS TO ENSURE SUFFICIENT ACCESS TO HEALTH CARE AND MEDICAL RESOURCES. WE OFFER SERVICES TO CLIENTS RECEIVING BENEFITS THROUGH THE STATE'S MEDICAID PROGRAM AS WELL AS CLIENTS SEEKING MENTAL HEALTH, SUBSTANCE USE, AND OPIOID USE DISORDER ASSISTANCE. WE SERVE OUR INTERNAL AND EXTERNAL CLIENTS WITH CUSTOMIZED, EFFICIENT, AND EFFECTIVE SERVICES TO ENSURE ACCESS TO NEEDED RESOURCES AND SERVICES TO PROMOTE THE HIGHEST PROBABILITY OF SUCCESS IN THEIR DAILY LIVES. WE ACCOMPLISH THIS THROUGH PURPOSEFUL GROWTH AND SUSTAINABLE PROFITABILITY WITH EXPERIENCED CUTTING-EDGE SYSTEMS, PROCESSES, AND STANDARDS AS WELL AS A STAFF DEDICATED TO SERVING PEOPLE WITH EXCELLENCE. OUR OUTREACH, EDUCATION, COMMUNICATION, AND CONTACT SERVICE CENTER ACTIVITIES DEMONSTRATE OUR MISSION AS WE EDUCATE THOSE WITH WHOM WE INTERACT, RESOLVE THEIR INQUIRIES, AND ENSURE ACCESS TO NECESSARY SERVICES. THIS CONTRACT CONTINUES TO GROW WHILE MEETING ALL DELIVERABLES.
Expenses $17,742,744
-
Expenses $11,261,801 · Revenue $7,167,697
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Amanda Deel DoAMANDA DEEL DO
MEMBER AT LARGE
- Total calculated
- $3,300
- From this org
- $3,300
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Danny Wilkerson MDDANNY WILKERSON MD
CHAIRMAN OF BOARD
- Total calculated
- $14,775
- From this org
- $14,775
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Angie WalkerANGIE WALKER
BOD
- Total calculated
- $11,400
- From this org
- $11,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Christopher S HardinCHRISTOPHER S HARDIN
VICE CHAIRMAN
- Total calculated
- $8,250
- From this org
- $8,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Debby NyeDEBBY NYE
BOD
- Total calculated
- $9,450
- From this org
- $9,450
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Derek PierceDEREK PIERCE
TREASURER
- Total calculated
- $10,500
- From this org
- $10,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Matt TroupMATT TROUP
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Jill MhyreJILL MHYRE
SECRETARY
- Total calculated
- $8,400
- From this org
- $8,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Marta LoydMARTA LOYD
BOD
- Total calculated
- $6,300
- From this org
- $6,300
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Glen FenterGLEN FENTER
BOD
- Total calculated
- $11,250
- From this org
- $11,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Josh Dilley MDJOSH DILLEY MD
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Kristin MartinKRISTIN MARTIN
CHAIRMAN OF BOARD
- Total calculated
- $10,500
- From this org
- $10,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Michael StewartMICHAEL STEWART
BOD
- Total calculated
- $8,100
- From this org
- $8,100
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Pete AtkinsonPETE ATKINSON
BOD
- Total calculated
- $9,450
- From this org
- $9,450
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Huda Sharaf MDHUDA SHARAF MD
BOD
- Total calculated
- $3,300
- From this org
- $3,300
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Shaletha Jones MDSHALETHA JONES MD
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Marilyn StricklandMARILYN STRICKLAND
CHIEF OPERATING OFFICER
- Total calculated
- $307,427
- From this org
- $265,888
- From related orgs
- $0
- Other
- $41,539
- Hours/week
- 41
Schedule J breakdown matched by us
- Base
- $265,888
- Bonus
- $0
- Other
- $0
- Deferred
- $8,066
- Nontaxable benefits
- $33,473
- Filer's total
- $307,427
-
Chad T Rodgers MDCHAD T RODGERS MD
CHIEF MEDICAL OFFICER
- Total calculated
- $250,284
- From this org
- $231,200
- From related orgs
- $0
- Other
- $19,084
- Hours/week
- 26
Schedule J breakdown matched by us
- Base
- $231,200
- Bonus
- $0
- Other
- $0
- Deferred
- $7,053
- Nontaxable benefits
- $12,031
- Filer's total
- $250,284
-
Mary S MooreMARY S MOORE
CHIEF COMPLIANCE OFFICER
- Total calculated
- $212,182
- From this org
- $187,035
- From related orgs
- $0
- Other
- $25,147
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $187,035
- Bonus
- $0
- Other
- $0
- Deferred
- $5,851
- Nontaxable benefits
- $19,296
- Filer's total
- $212,182
-
Phyllis RogersPHYLLIS ROGERS
CHIEF FINANCIAL OFFICER
- Total calculated
- $280,001
- From this org
- $247,651
- From related orgs
- $0
- Other
- $32,350
- Hours/week
- 43
Schedule J breakdown matched by us
- Base
- $247,651
- Bonus
- $0
- Other
- $0
- Deferred
- $7,741
- Nontaxable benefits
- $24,609
- Filer's total
- $280,001
-
Nathan RayNATHAN RAY
SENIOR VP BUSINESS OPERATI
- Total calculated
- $258,651
- From this org
- $242,382
- From related orgs
- $0
- Other
- $16,269
- Hours/week
- 44
Schedule J breakdown matched by us
- Base
- $242,382
- Bonus
- $0
- Other
- $0
- Deferred
- $7,503
- Nontaxable benefits
- $8,766
- Filer's total
- $258,651
-
Hannah RayHANNAH RAY
VP GOVERNMENT RELATIONS
- Total calculated
- $130,612
- From this org
- $121,395
- From related orgs
- $0
- Other
- $9,217
- Hours/week
- 47
-
Gloria BooneGLORIA BOONE
VP MEMBER SERVICES
- Total calculated
- $164,802
- From this org
- $142,069
- From related orgs
- $0
- Other
- $22,733
- Hours/week
- 46
Schedule J breakdown matched by us
- Base
- $142,069
- Bonus
- $0
- Other
- $0
- Deferred
- $4,405
- Nontaxable benefits
- $18,328
- Filer's total
- $164,802
-
Peggy StarlingPEGGY STARLING
SENIOR VP OUTREACH SERVICE
- Total calculated
- $277,687
- From this org
- $242,987
- From related orgs
- $0
- Other
- $34,700
- Hours/week
- 47
Schedule J breakdown matched by us
- Base
- $242,987
- Bonus
- $0
- Other
- $0
- Deferred
- $7,372
- Nontaxable benefits
- $27,328
- Filer's total
- $277,687
-
Cathy BainCATHY BAIN
SENIOR VP ADMIN SERVICES
- Total calculated
- $243,356
- From this org
- $211,787
- From related orgs
- $0
- Other
- $31,569
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $211,787
- Bonus
- $0
- Other
- $0
- Deferred
- $6,456
- Nontaxable benefits
- $25,113
- Filer's total
- $243,356
-
John SeligJOHN SELIG
CEO/PRESIDENT
- Total calculated
- $456,881
- From this org
- $403,291
- From related orgs
- $0
- Other
- $53,590
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $403,291
- Bonus
- $0
- Other
- $0
- Deferred
- $10,350
- Nontaxable benefits
- $43,240
- Filer's total
- $456,881
-
Eldrina EasterlyELDRINA EASTERLY
FULL TIME VP CO
- Total calculated
- $235,718
- From this org
- $200,514
- From related orgs
- $0
- Other
- $35,204
- Hours/week
- 43
Schedule J breakdown matched by us
- Base
- $200,514
- Bonus
- $0
- Other
- $0
- Deferred
- $6,258
- Nontaxable benefits
- $28,946
- Filer's total
- $235,718
-
Kimberly GartmanKIMBERLY GARTMAN
ASSOCIATE MEDICAL DIRECTOR
- Total calculated
- $207,227
- From this org
- $207,227
- From related orgs
- $0
- Other
- $0
- Hours/week
- 33.14
Schedule J breakdown matched by us
- Base
- $207,227
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $207,227
-
William MasonWILLIAM MASON
ASSOCIATE MEDICAL DIRECTOR
- Total calculated
- $140,042
- From this org
- $140,042
- From related orgs
- $0
- Other
- $0
- Hours/week
- 27.76
-
Robery VanhookROBERY VANHOOK
ASSOCIATE MEDICAL DIRECTOR
- Total calculated
- $189,954
- From this org
- $189,954
- From related orgs
- $0
- Other
- $0
- Hours/week
- 32.79
Schedule J breakdown matched by us
- Base
- $189,954
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $189,954
-
Kristy CowherdKRISTY COWHERD
SERVICES
- Total calculated
- $383,297
- From this org
- $383,297
- From related orgs
- $0
- Other
- $0
- Hours/week
- 41.1
Schedule J breakdown matched by us
- Base
- $383,297
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $383,297
-
Mindy DunnMINDY DUNN
DIRECTOR HUMAN RESOURCES
- Total calculated
- $175,658
- From this org
- $175,658
- From related orgs
- $0
- Other
- $0
- Hours/week
- 42.97
Schedule J breakdown matched by us
- Base
- $175,658
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $175,658
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
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503189349307880
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