Howard Memorial Hospital
- Assets
- $32.7m
- Revenue
- $29.9m
- Investments
- $0.0
- Employees
- 294
- Location
- Nashville, AR
- Founding
- 08/1987
- Data as of
- 09/2023
- EIN
- 71-0644637
Organization Overview
Howard Memorial Hospital is located in Nashville, AR. The organization was established in 1987. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2023, Howard Memorial Hospital employed 294 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Howard Memorial Hospital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Howard Memorial Hospital generated $29.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $31.2m during the year ending 09/2023. While expenses have increased by 6.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HMH MISSION STATEMENT IS "IMPROVING THE HEALTH OF THE COMMUNITIES WE SERVE". HMH VISION IS "TO BE THE RESPECTED HEALTHCARE LEADER PROVIDING SERVICE EXCELLENCE TO SOUTHWEST ARKANSAS".
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOWARD MEMORIAL HOSPITAL IS CLASSIFIED AS A 20-BED CRITICAL ACCESS HOSPITAL AND PROVIDES ACUTE AND SWING BED SERVICES. THE HOSPITAL PROVIDES MEDICAL CARE TO RESIDENTS OF SOUTHWESTERN ARKANSAS. THIS CARE INCLUDED APPROXIMATELY 2,305 INPATIENT DAYS OF CARE, AS WELL AS 30,069 OUTPATIENT VISITS AND 10,312 EMERGENCY DEPARTMENT VISITS, TO BENEFIT THE POOR AND ELDERLY IN THE COMMUNITY, THE HOSPITAL PARTICIPATED IN MEDICARE AND MEDICAID PROGRAMS. 1,045 DAYS OF CARE WERE PROVIDED TO PARTICIPANTS IN THESE PROGRAMS. ADDITIONALLY, HMH PROVIDED CARE FOR 485 SWING BED PATIENT DAYS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carla Pumphrey MD Member | Trustee | 40 | $371,830 |
Sifau Y Oladipo Physician | 40 | $328,638 | |
Charles Caldwell Physician | 40 | $249,424 | |
Debra Wright Former CEO | Officer | 40 | $209,205 |
William Craig CFO | Officer | 40 | $166,303 |
Gary Manly Crna | 40 | $155,179 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mento Health Llc Healthcare | 9/29/23 | $477,750 |
Nes Kentucky Inc Emergency Med | 9/29/23 | $1,171,069 |
Wound Care Specialists Wound Care Services | 9/29/23 | $596,025 |
Qualivis Staffing | 9/29/23 | $472,799 |
Rayus Radiology Radiology | 9/29/23 | $421,852 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $343,566 |
| All other contributions, gifts, grants, and similar amounts not included above | $74,299 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $417,865 |
| Total Program Service Revenue | $28,324,019 |
| Investment income | $171,512 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $55,950 |
| Net Gain/Loss on Asset Sales | -$139 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,883,671 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $375,508 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,062,987 |
| Pension plan accruals and contributions | $155,282 |
| Other employee benefits | $576,743 |
| Payroll taxes | $973,350 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,782 |
| Fees for services: Accounting | $60,918 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,064 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $664,948 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $49,925 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,393,179 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $31,246,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,486,197 |
| Savings and temporary cash investments | $1,231,926 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,205,555 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $454,470 |
| Prepaid expenses and deferred charges | $460,237 |
| Net Land, buildings, and equipment | $17,565,511 |
| Investments—publicly traded securities | $6,382,824 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $874,012 |
| Total assets | $32,660,732 |
| Accounts payable and accrued expenses | $2,884,425 |
| 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 | $3,936,604 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,821,029 |
| Net assets without donor restrictions | $16,315,260 |
| Net assets with donor restrictions | $9,524,443 |
| 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 | $32,660,732 |