Arkansas Hospital Association Inc
- Assets
- $8.1m
- Revenue
- $4.8m
- Investments
- $1.5m
- Employees
- 16
- Location
- Little Rock, AR
- Founding
- 02/1960
- Data as of
- 06/2023
- EIN
- 71-0306406
Organization Overview
Arkansas Hospital Association Inc is located in Little Rock, AR. The organization was established in 1960. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2023, Arkansas Hospital Association Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Hospital Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, Arkansas Hospital Association Inc generated $4.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $4.9m during the year ending 06/2023. While expenses have increased by 1.8% per year over the past 8 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.
Since 2018, Arkansas Hospital Association Inc has awarded 123 individual grants totaling $3,113,906. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ARKANSAS HOSPITAL ASSOCIATION, INC. IS A MEMBERSHIP ORGANIZATION WHICH SAFEGUARDS ARKANSAS HOSPITALS' OPERATIONAL EFFECTIVENESS IN ADVANCING THE HEALTH AND WELL-BEING OF THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP SERVICES ARKANSAS HOSPITAL ASSOCIATION, INC. WORKS WITH, AND ON BEHALF OF, ITS MEMBERS, TO PROVIDE EDUCATION, INFORMATION AND ASSISTANCE THAT HELPS HOSPITALS ACHIEVE THEIR FULL POTENTIAL IN PROVIDING THEIR COMMUNITIES WITH HIGH QUALITY HEALTH CARE. ARKANSAS HOSPITAL ASSOCIATION, INC. PROVIDES SPECIFIC EDUCATION, PUBLICATIONS, NETWORKING, LEADERSHIP OPPORTUNITIES, AND RECOGNITION TO HOSPITALS AND HEALTHCARE PROFESSIONALS.
ADVOCACY ARKANSAS HOSPITAL ASSOCIATION, INC. SERVES AS AN ADVOCATE FOR ITS MEMBER HOSPITALS, REPRESENTING THEIR CONCERNS AND INTERESTS TO ELECTED OFFICIALS ON BOTH THE FEDERAL AND STATE LEVELS.
EDUCATION CONFERENCES AND MEETINGS ARE PROVIDED FOR MEMBERS TO PARTICIPATE IN DISCUSSIONS OF RELEVANT HEALTH CARE ISSUES AND THE DEVELOPMENT OF BEST PRACTICES AS THEY RELATE TO HOSPITALS AND OTHER SECTORS OF HEALTH CARE. ARKANSAS HOSPITAL ASSOCIATION, INC. PROVIDES PROFESSIONAL EDUCATION AND OTHER FORUMS WHICH ENABLE HOSPITAL MANAGEMENT, CLINICAL AND ADMINISTRATIVE SKILLS AND KNOWLEDGE.
QUALITY AND PATIENT SAFETY DEVELOPMENT OF A HOSPITAL ENGAGEMENT NETWORK TO IMPROVE HOSPITAL QUALITY AND PATIENT SAFETY ACROSS TEN CLINICAL INITIATIVES DEFINED IN THE PARTNERSHIP FOR PATIENTS PROGRAM. HEALTH EDUCATION AND RESEARCH TRUST, AN AFFILIATE OF THE AMERICAN HOSPITAL ASSOCIATION, AND THE STATES HOSPITAL ASSOCIATION IS COMMITTED TO WORK WITH HOSPITALS TO PROVIDE THE NECESSARY TOOLS, EDUCATION AND ASSISTANCE TO MEET THE IMPROVEMENT GOALS ESTABLISHED BY THE DEPARTMENT OF HEALTH AND HUMAN SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Peterson Chairman | Trustee | 10 | $0 |
Larry Shackelford Chairman-Ele | Trustee | 10 | $0 |
Peggy Abbott Treasurer | Trustee | 10 | $0 |
Chris Barber Past Chairma | Trustee | 1 | $0 |
Ryan Gehrig Director At | Trustee | 1 | $0 |
Greg Crain Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ar Foundation For Medical Care Inc Ar Foundation For Medical Care Inc Quality Measure | 6/29/15 | $102,587 |
Markham Group Llc Markham Group Llc Management Fees | 6/29/15 | $110,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $236,516 |
| 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 | $236,516 |
| Total Program Service Revenue | $4,427,585 |
| Investment income | $132,261 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $37,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,833,362 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $294,938 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,250,588 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $740,044 |
| Pension plan accruals and contributions | $166,380 |
| Other employee benefits | $142,140 |
| Payroll taxes | $111,564 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $118,048 |
| Fees for services: Accounting | $23,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $98,051 |
| Advertising and promotion | $26,225 |
| Office expenses | $87,189 |
| Information technology | $493,453 |
| Royalties | $0 |
| Occupancy | $112,600 |
| Travel | $96,046 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $314,577 |
| Interest | $0 |
| Payments to affiliates | $556,073 |
| Depreciation, depletion, and amortization | $101,468 |
| Insurance | $52,111 |
| All other expenses | $0 |
| Total functional expenses | $4,932,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,129,519 |
| Savings and temporary cash investments | $718,355 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $856,334 |
| Investments—publicly traded securities | $3,883,238 |
| Investments—other securities | $1,491,349 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,078,795 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $8,078,795 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,078,795 |
Grants Awarded
Over the last fiscal year, Arkansas Hospital Association Inc has awarded $285,888 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ASHLEY COUNTY MEDICAL CENTERASHLEY COUNTY MEDICAL CENTER PURPOSE: ASPR GRANT | $27,600 |
AR CONTINUED CARE HOSPITALAR CONTINUED CARE HOSPITAL PURPOSE: ASPR GRANT | $40,468 |
EUREKA SPRINGS HOSPITAL FOUNDATIONEUREKA SPRINGS HOSPITAL FOUNDATION PURPOSE: ASPR GRANT | $40,468 |
LEVI HOSPITALLEVI HOSPITAL PURPOSE: ASPR GRANT | $12,513 |
AMERICAN HOSPITAL ASSOCIATION PACAMERICAN HOSPITAL ASSOCIATION PAC PURPOSE: ANNUAL CONTRIBUTION | $10,871 |
SPRINGWOODS BEHAVIORAL HEALTHSPRINGWOODS BEHAVIORAL HEALTH PURPOSE: COVID-19 GRANT | $40,468 |