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Nonprofiteer
← WHITE RIVER HEALTH SYSTEM INC

Form 990 for tax year 2024

Filed by WHITE RIVER HEALTH SYSTEM INC.

Totals

Total revenue
$329,732,237
Total expenses
$318,750,833
Contributions and grants received
$2,150,601
Grants paid
$137,235
Program service revenue
$323,207,124
Investment income
$2,306,903
Other revenue
$2,067,609
Total assets, end of year
$243,417,328
Total liabilities, end of year
$54,834,704
Net assets or fund balances, end of year
$188,582,624
Program services expenses (Part IX)
$266,166,891
Management and general expenses
$52,583,942
Fundraising expenses
$0
Program service expenses (Part III)
$266,166,891

Program services were 83.5% 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.

  • 1a · Federated campaigns

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $596,696

  • 1e · Government grants (contributions)

    $1,553,905

  • 1f · All other contributions, gifts and grants

    $0

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: PATIENT SERVICE REVENUE

    total $296,106,463 · related or exempt $296,106,463 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: PHARMACY 340B REVENUE

    total $21,473,616 · related or exempt $21,473,616 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: INCENTIVE REVENUE

    total $2,286,256 · related or exempt $2,286,256 · unrelated business $0 · excluded $0

  • 2d · Program service revenue: MEDICAL OFFICE BUILDING RENT

    total $1,022,479 · related or exempt $1,022,479 · unrelated business $0 · excluded $0

  • 2e · Program service revenue: OTHER OPERATING REVENUE

    total $2,318,310 · related or exempt $2,318,310 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $2,299,444 · related or exempt $0 · unrelated business $0 · excluded $2,299,444

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $7,755 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $7,755 · personal property $0

  • 6d · Net rental income or loss

    total $7,755 · related or exempt $0 · unrelated business $0 · excluded $7,755

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $7,459

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $0 · other assets $7,459

  • 7d · Net gain or loss

    total $7,459 · related or exempt $0 · unrelated business $0 · excluded $7,459

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11a · Other revenue: DIETARY & FOOD REVENUE

    total $2,059,854 · related or exempt $0 · unrelated business $0 · excluded $2,059,854

  • 11b · Other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11c · Other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $2,059,854

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $34,305 · program services $34,305

  • 2 · Grants to domestic individuals

    total $102,930 · program services $102,930

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $2,175,059 · program services $0 · management and general $2,175,059 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $130,451,036 · program services $104,269,099 · management and general $26,181,937 · fundraising $0

  • 8 · Pension plan contributions

    total $2,343,130 · program services $1,872,856 · management and general $470,274 · fundraising $0

  • 9 · Other employee benefits

    total $26,543,040 · program services $21,215,768 · management and general $5,327,272 · fundraising $0

  • 10 · Payroll taxes

    total $8,101,125 · program services $6,475,204 · management and general $1,625,921 · fundraising $0

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $17,639 · program services $14,099 · management and general $3,540 · fundraising $0

  • 11c · Fees: accounting

    total $541,232 · program services $432,605 · management and general $108,627 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $37,923,875 · program services $30,312,433 · management and general $7,611,442 · fundraising $0

  • 12 · Advertising and promotion

    total $489,816 · program services $391,508 · management and general $98,308 · fundraising $0

  • 13 · Office expenses

    total $2,005,992 · program services $1,603,383 · management and general $402,609 · fundraising $0

  • 14 · Information technology

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $4,580,481 · program services $3,661,164 · management and general $919,317 · fundraising $0

  • 17 · Travel

    total $351,135 · program services $280,661 · management and general $70,474 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $533,687 · program services $426,574 · management and general $107,113 · fundraising $0

  • 20 · Interest

    total $743,890 · program services $594,589 · management and general $149,301 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $10,025,706 · program services $8,013,515 · management and general $2,012,191 · fundraising $0

  • 23 · Insurance

    total $2,535,711 · program services $2,026,786 · management and general $508,925 · fundraising $0

  • 24a · Other expenses: DRUGS & MEDICAL SUPPLIES

    total $65,277,170 · program services $65,277,170 · management and general $0 · fundraising $0

  • 24b · Other expenses: REPAIRS & MAINTENANCE

    total $13,030,932 · program services $10,415,583 · management and general $2,615,349 · fundraising $0

  • 24c · Other expenses: TAXES, FEES & LICENSES

    total $4,736,629 · program services $3,785,973 · management and general $950,656 · fundraising $0

  • 24d · Other expenses: FOOD

    total $2,737,162 · program services $2,187,805 · management and general $549,357 · fundraising $0

  • 24e · All other expenses

    total $3,469,151 · program services $2,772,881 · management and general $696,270 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,228,135 · end of year $4,062,518

  • 2 · Savings and temporary cash investments

    beginning of year $19,063,719 · end of year $25,667,868

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $32,114,555 · end of year $37,937,083

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $7,080,119 · end of year $6,886,520

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,580,642 · end of year $2,717,258

  • 10a · Land, buildings and equipment: cost or other basis

    $306,018,840

  • 10b · Land, buildings and equipment: accumulated depreciation

    $217,951,831

  • 10c · Land, buildings and equipment, net

    beginning of year $92,141,274 · end of year $88,067,009

  • 11 · Investments: publicly traded securities

    beginning of year $45,083,903 · end of year $49,550,370

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $1,678,342 · end of year $1,470,034

  • 14 · Intangible assets

    beginning of year $822,193 · end of year $680,417

  • 15 · Other assets

    beginning of year $28,280,983 · end of year $26,378,251

  • 17 · Accounts payable and accrued expenses

    beginning of year $27,280,869 · end of year $31,463,163

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $17,620,516 · end of year $17,426,102

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $6,193,699 · end of year $77,208

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $7,062,522 · end of year $5,868,231

  • 27 · Net assets without donor restrictions

    beginning of year $174,916,259 · end of year $188,582,624

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

WRHS MISSION IS TO PROVIDE QUALITY HEALTHCARE AND IMPROVE THE HEALTH OF OUR COMMUNITIES. WRHS VISION IS TO PROVIDE AN ENVIRONMENT WHERE PATIENTS CHOOSE TO RECEIVE CARE, EMPLOYEES DESIRE TO WORK, PHYSICIANS WANT TO PRACTICE, AND FAMILIES AND VISITORS FEEL WELCOME.

Activities or mission (Part I)

WRHS MISSION IS TO PROVIDE QUALITY HEALTHCARE AND IMPROVE THE HEALTH OF OUR COMMUNITIES.

  • WHITE RIVER HEALTH SYSTEM, INC. IS A MULTIDIMENSIONAL PROVIDER OF HEALTHCARE SERVICES PRIMARILY TO THE RESIDENTS OF NORTH CENTRAL ARKANSAS. THE NOT-FOR-PROFIT ORGANIZATION OPERATES TWO HOSPITALS; WHITE RIVER MEDICAL CENTER WHICH IS AN ACUTE CARE HOSPITAL PROVIDING INPATIENT, OUTPATIENT AND EMERGENCY CARE TO THE RESIDENT OF INDEPENDENCE COUNTY AND SURROUNDING AREAS AND STONE COUNTY MEDICAL CENTER WHICH IS A CRITICAL ACCESS HOSPITAL PROVIDING INPATIENT, OUTPATIENT AND EMERGENCY CARE SERVICES FOR THE RESIDENTS OF STONE COUNTY AND SURROUNDING AREAS. THE SYSTEM ALSO INCLUDES OUTPATIENT FACILITIES, PRIMARY CARE AND SPECIALTY PHYSICIAN OFFICES, MEDICAL OFFICE BUILDINGS, AND WHITE RIVER HEALTH SYSTEM FOUNDATION, INC., WHICH PROVIDES SUPPORT FOR FURTHERING THE PURPOSE AND PROMOTING THE ACTIVITIES OF THE SYSTEM.

    Expenses $266,166,891 · Grants $137,235 · Revenue $323,207,124

As filed on the 2024 return.

Listed in Part VII

  • JEFF SHOWALTER

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • RANDY CROSS

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • ROBERT MCINTIRE

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • BETH CHRISTIAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • CRYSTAL JOHNSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DANNY BELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JASON TAYLOR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KATHY LANIER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KEVIN ROSE

    DIRECTOR (THROUGH 1/1/25)

    Total calculated
    $0
    Hours/week
    1

  • LANCE LAMBERTH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RICK ELUMBAUGH

    DIRECTOR (THROUGH 12/31/24)

    Total calculated
    $0
    Hours/week
    1

  • STACY GUNDERMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • STEVE CASE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TINA WHEELIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHRIS STEEL - SEE STATEMENT

    IP CHIEF MEDICAL OFFICER

    Total calculated
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0

  • JEFF REIFSTECK - SEE STATEMENT

    EVP CIO (THROUGH 10/21/24)

    Total calculated
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0

  • JENNIFER SANDAGE - SEE STATEMENT

    EVP CHIEF NURSING OFFICER

    Total calculated
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0

  • KATHY THOMAS - SEE STATEMENT

    EVP SCMS

    Total calculated
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0

  • LINDSEY CASTLEBERRY - SEE STATEMENT

    EVP HR/LEGAL COUNSEL

    Total calculated
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0

  • ROBERT WRIGHT - SEE STATEMENT

    EVP PHYSICIAN SERVICES

    Total calculated
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0

  • SHAWNA IVES - SEE STATEMENT

    EVP CFO

    Total calculated
    $0
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0

  • STEVEN WEBB - SEE STATEMENT

    CURRENT PRESIDENT AND CEO

    Total calculated
    $0
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0

  • CHARLES VARELA - SEE STATEMENT

    PHYSICIAN

    Total calculated
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0

  • DYLAN CARPENTER - SEE STATEMENT

    PHYSICIAN

    Total calculated
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0

  • JEFFREY ANGEL - SEE STATEMENT

    PHYSICIAN

    Total calculated
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0

  • MAHESH ANANTHA NARAYANAN - SEE STMT

    PHYSICIAN

    Total calculated
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0

  • WESLEY GREER - SEE STATEMENT

    PHYSICIAN

    Total calculated
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0

  • GARY PAXSON

    FORMER PRESIDENT AND CEO

    Total calculated
    $491,573
    From this org
    $475,736
    From related orgs
    $0
    Other
    $15,837
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $380,736
    Bonus
    $95,000
    Other
    $0
    Deferred
    $10,573
    Nontaxable benefits
    $5,264
    Filer's total
    $491,573

  • JOSEPH SMOTHERMAN

    FORMER EVP CSO/COO

    Total calculated
    $120,773
    From this org
    $111,595
    From related orgs
    $0
    Other
    $9,178
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $77,602
    Bonus
    $33,993
    Other
    $0
    Deferred
    $4,420
    Nontaxable benefits
    $4,758
    Filer's total
    $120,773

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 · Compensation committee
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 7 NON-FIXED PAYMENTS
BONUSES TO OFFICERS ARE BASED ON MATRIXES AND A POLICY THAT IS APPROVED BY THE BOARD OF DIRECTORS.

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

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Related corporations and trusts

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

  • NORTH ARKANSAS CLINIC

    C CORPORATION · RENT SPACE · AR · 100% owned · share of income $359,314 · share of assets $2,058,340 · controlled entity

    Directly controlled by WRHS

  • WHITE RIVER HEALTH ANESTHESIA SERVICE GROUP INC

    C CORPORATION · ANESTHESIA SERVICES · AR · 100% owned · share of income $0 · share of assets $0 · controlled entity

    Directly controlled by WRHS

Provenance

Return type
form_990
Tax year
2024
IRS schema version
2024v5.1
Source object
202642309349300229

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