Conway Regional Hospital Employees Medical Trust

Organization Overview

Conway Regional Hospital Employees Medical Trust is located in Conway, AR. The organization was established in 1988. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Conway Regional Hospital Employees Medical Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 10/2021, Conway Regional Hospital Employees Medical Trust generated $16.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $15.2m during the year ending 10/2021. While expenses have increased by 11.1% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE HEALTH INSURANCE TO ALL QUALIFIED EMPLOYEES; FOR THE 2020 TAX YEAR, THERE WERE 1187 QUALIFIED EMPLOYEES, 967 PARTICIPATING EMPLOYEES, AND 1170 DEPENDENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE EMPLOYEE HEALTH INSURANCE TO ALL QUALIFIED EMPLOYEES


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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$15,803,622
Investment income $2,357
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $16,387,089

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