Skip to content
Nonprofiteer
← ARKANSAS METHODIST HOSPITAL CORPORATION

Form 990 for tax year 2023

Filed by ARKANSAS METHODIST HOSPITAL CORPORATION.

Totals

Total revenue
$86,605,050
Total expenses
$90,157,822
Contributions and grants received
$2,309,982
Grants paid
$1,600
Program service revenue
$79,734,693
Investment income
$809,348
Other revenue
$3,751,027
Total assets, end of year
$49,323,232
Total liabilities, end of year
$17,894,626
Net assets or fund balances, end of year
$31,428,606
Program services expenses (Part IX)
$76,086,172
Management and general expenses
$14,071,650
Fundraising expenses
$0
Program service expenses (Part III)
$76,086,172

Program services were 84.4% 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.

  • 1d · Related organizations

    $195,437

  • 1f · All other contributions, gifts and grants

    $2,114,545

  • 2a · Program service revenue: PATIENT SERVICE REVENUE

    total $79,734,693 · related or exempt $79,734,693

  • 3 · Investment income

    total $663,876 · excluded $663,876

  • 6a · Gross rents

    real property $81,679

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $81,679

  • 6d · Net rental income or loss

    total $81,679 · excluded $81,679

  • 7a · Gross sales of assets other than inventory

    securities $43,578 · other assets $101,936

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

    securities $0 · other assets $42

  • 7c · Gain or loss

    securities $43,578 · other assets $101,894

  • 7d · Net gain or loss

    total $145,472 · related or exempt $101,894 · excluded $43,578

  • 11a · Other revenue: PHARMACY

    total $2,837,022 · related or exempt $2,837,022

  • 11b · Other revenue: OTHER REVENUE

    total $873,678 · related or exempt $873,678

  • 11c · Other revenue: CAFETERIA REVENUE

    total $307,142 · excluded $307,142

  • 11d · All other revenue

    total -$348,494 · related or exempt -$388,514 · unrelated business $1,194 · excluded $38,826

  • 11e · Other revenue, total

    $3,669,348

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,600 · program services $1,600

  • 5 · Compensation of officers, directors and key employees

    total $453,665 · management and general $453,665

  • 7 · Other salaries and wages

    total $34,938,407 · program services $30,035,655 · management and general $4,902,752

  • 9 · Other employee benefits

    total $5,554,580 · program services $4,721,393 · management and general $833,187

  • 10 · Payroll taxes

    total $2,423,764 · program services $2,102,023 · management and general $321,741

  • 11c · Fees: accounting

    total $190,397 · management and general $190,397

  • 11g · Fees: other

    total $4,176,153 · program services $4,176,153

  • 12 · Advertising and promotion

    total $84,904 · program services $2,777 · management and general $82,127

  • 16 · Occupancy

    total $1,910,721 · program services $317,278 · management and general $1,593,443

  • 17 · Travel

    total $203,525 · program services $139,005 · management and general $64,520

  • 20 · Interest

    total $672,493 · management and general $672,493

  • 22 · Depreciation, depletion and amortization

    total $2,946,141 · program services $2,045,506 · management and general $900,635

  • 23 · Insurance

    total $744,619 · program services $744,619

  • 24a · Other expenses: SUPPLIES

    total $12,901,240 · program services $11,721,669 · management and general $1,179,571

  • 24b · Other expenses: BAD DEBTS

    total $12,506,308 · program services $12,506,308

  • 24c · Other expenses: PURCHASED SERVICES

    total $8,895,799 · program services $6,441,167 · management and general $2,454,632

  • 24d · Other expenses: TAXES

    total $925,284 · program services $925,284

  • 24e · All other expenses

    total $628,222 · program services $205,735 · management and general $422,487

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,210,860 · end of year $2,576,093

  • 4 · Accounts receivable

    beginning of year $9,828,591 · end of year $10,922,231

  • 8 · Inventories for sale or use

    beginning of year $1,609,576 · end of year $1,455,664

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,132,193 · end of year $1,896,709

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

    $94,821,163

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

    $78,096,060

  • 10c · Land, buildings and equipment, net

    beginning of year $18,706,089 · end of year $16,725,103

  • 12 · Investments: other securities

    beginning of year $8,714,619 · end of year $6,221,789

  • 15 · Other assets

    beginning of year $9,919,080 · end of year $9,525,643

  • 17 · Accounts payable and accrued expenses

    beginning of year $7,052,026 · end of year $5,803,458

  • 23 · Secured mortgages and notes payable

    beginning of year $13,293,298 · end of year $12,088,400

  • 25 · Other liabilities

    beginning of year $2,768 · end of year $2,768

  • 27 · Net assets without donor restrictions

    beginning of year $34,772,916 · end of year $31,428,606

Mission and programs · 2023

Mission

DURING FISCAL YEAR 2024, AMMC DISCHARGED 2,868 ADULT AND PEDIATRIC INPATIENTS AND DELIVERED 438 NEWBORNS. THERE WERE APPROXIMATELY 71,211 OUTPATIENT VISITS RANGING FROM OUTPATIENT SURGERY AND CARDIAC CATH LAB PROCEDURES TO DIAGNOSTIC RADIOLOGY AND LABORATORY VISITS. IN ADDITION, OUR EMERGENCY ROOM SAW 21,265 VISITS LAST YEAR AND OUR HOME HEALTH AGENCY MADE 11,016 VISITS. THE AMMC AMBULANCE SERVICE, WITH BASES IN PARAGOULD, CORNING AND RECTOR, MADE 6,908 RUNS.

Activities or mission (Part I)

AMMC IS A COMMUNITY-FOCUSED ORGANIZATION THAT PROVIDES OVERALL LEADERSHIP FOR MEETING THE HEALTHCARE NEEDS OF PARAGOULD AND GREENE COUNTY, ARKANSAS, AS WELL AS SURROUNDING AREAS OF NORTHEAST ARKANSAS AND SOUTHEAST MISSOURI.CORE OF THE SERVICES OFFERED BY AMMC IS OUR GENERAL ACUTE CARE HOSPITAL, WHICH SAW OVER 2,800 INPATIENT DISCHARGES AND OVER 21,000 EMERGENCY ROOM VISITS IN FISCAL YEAR 2024. AMMC OPERATES ONE OF THE OLDEST HOME HEALTH AGENCIES IN THE STATE OF ARKANSAS, MAKING OVER 11,500 VISITS LAST YEAR. WE ALSO PROVIDE THE AMBULANCE SERVICE FOR GREENE COUNTY AND PORTIONS OF CLAY COUNTY. OUR AMBULANCES MADE OVER 6,900 RUNS IN FISCAL YEAR 2024.

  • AMMC IS A COMMUNITY-FOCUSED ORGANIZATION THAT PROVIDES OVERALL LEADERSHIP FOR MEETING THE HEALTHCARE NEEDS OF PARAGOULD AND GREENE COUNTY, ARKANSAS, AS WELL AS SURROUNDING AREAS OF NORTHEAST ARKANSAS AND SOUTHEAST MISSOURI. IN RECOGNITION OF ITS UNIQUE ROLE, AMMC WAS DESIGNATED A RURAL REFERRAL CENTER BY THE CENTERS FOR MEDICARE AND MEDICAID SERVICES IN AUGUST 2004. AMMC IS THE ONLY HOSPITAL IN GREENE COUNTY, ARKANSAS, AND PROVIDES A SIGNIFICANT AMOUNT OF CARE AND SERVICE TO INDIGENT PATIENTS COVERED BY THE MEDICAID PROGRAM AS WELL AS OTHER UNINSURED AND UNDERINSURED PATIENTS. AS A RESULT, AMMC IS IDENTIFIED AS A DISPROPORTIONATE SHARE HOSPITAL BY THE CENTERS FOR MEDICARE AND MEDICAID SERVICES.DURING FISCAL YEAR 2024, AMMC DISCHARGED 2,868 ADULT AND PEDIATRIC INPATIENTS AND DELIVERED 438 NEWBORNS. THERE WERE APPROXIMATELY 71,211 OUTPATIENT VISITS RANGING FROM OUTPATIENT SURGERY AND CARDIAC CATH LAB PROCEDURES TO DIAGNOSTIC RADIOLOGY AND LABORATORY VISITS. IN ADDITION, OUR EMERGENCY ROOM SAW 21,265 VISITS LAST YEAR AND OUR HOME HEALTH AGENCY MADE 11,016 VISITS. THE AMMC AMBULANCE SERVICE, WITH BASES IN PARAGOULD, CORNING AND RECTOR, MADE 6,908 RUNS.

    Expenses $76,086,172 · Grants $1,600 · Revenue $83,158,773

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Alliston Hestand

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Amy Adams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Blaine Nunn

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Bob Hodge

    BOARD MEMBER/SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • David Neighbors

    BOARD MEMBER/CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Dr Dwight Williams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dr Frank Schefano

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1.5 related

  • Dr Jacob McMillon

    CHIEF OF STAFF - NONVOTING

    Total calculated
    $0
    Hours/week
    1

  • Dr Justin McGarity

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dr Terri Green

    MEDICAL STAFF REP.

    Total calculated
    $0
    Hours/week
    1

  • Josh Agee

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Matthew Miller

    BOARD MEMBER/VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Mike Gaskill

    BOARD MEMBER/PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Mr Robert Thompson

    BOARD MEMBER/PAST VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Rev Dane Womack

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1.5 related

  • Rhonda Davis

    BOARD MEMBER/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Barry L Davis

    CEO

    Total calculated
    $263,376
    From this org
    $249,958
    From related orgs
    $0
    Other
    $13,418
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $249,958
    Bonus
    $0
    Other
    $0
    Deferred
    $6,962
    Nontaxable benefits
    $6,456
    Filer's total
    $263,376

  • Brad Bloemer

    CFO/CEO

    Total calculated
    $222,432
    From this org
    $203,707
    From related orgs
    $0
    Other
    $18,725
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $203,707
    Bonus
    $0
    Other
    $0
    Deferred
    $4,563
    Nontaxable benefits
    $14,162
    Filer's total
    $222,432

  • Staci Williams

    TREASURER/ CFO

    Total calculated
    $130,550
    From this org
    $112,854
    From related orgs
    $0
    Other
    $17,696
    Hours/week
    40 + 2 related

  • Charbel Maroun

    ORTHOPEDIC SURGEON

    Total calculated
    $697,502
    From this org
    $697,502
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $697,502
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $697,502

  • Charles Cesare Sr

    OB/GYN

    Total calculated
    $413,154
    From this org
    $413,154
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $413,154
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $413,154

  • David Brotman

    SURGEON

    Total calculated
    $576,494
    From this org
    $576,494
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $576,494
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $576,494

  • Joel Epperson

    PLASTIC SUREGEON

    Total calculated
    $404,096
    From this org
    $404,096
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $404,096
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $404,096

  • Mathieu Forgues

    OTOLARYNGOLOGIST

    Total calculated
    $724,889
    From this org
    $724,889
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $724,889
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $724,889

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 · Compensation survey or study
  • 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.

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.

  • AMMCSBMC MANAGEMENT LLC

    RELATED · WOUND CARE SERVICES · AR · 50% owned · share of income -$6,065 · share of assets $157,935

    Directly controlled by ARKANSAS METHODIST HOSPITAL CORPORATION

  • PARAGOULD MEDICAL PARK LLC

    RELATED · MEDICAL PARK FOR PHYSICIAN OFFICES/OUTPATIENT SVCS · AR · 50% owned · share of income $249,393 · share of assets $6,099,703

    Directly controlled by ARKANSAS METHODIST HOSPITAL CORPORATION

Provenance

Return type
form_990
Tax year
2023
Filed
28 February 2025
IRS schema version
2023v6.0
Source object
202530649349301718

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.