1st Choice Healthcare Inc
- Assets
- $30.1m
- Revenue
- $26.5m
- Investments
- $0.0
- Employees
- 178
- Location
- Corning, AR
- Founding
- 08/1992
- Data as of
- 06/2021
- EIN
- 71-0715998
Organization Overview
1st Choice Healthcare Inc is located in Corning, AR. The organization was established in 1992. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 06/2021, 1st Choice Healthcare Inc employed 178 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 1st Choice Healthcare Inc 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 06/2021, 1st Choice Healthcare Inc generated $26.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $18.6m during the year ending 06/2021. While expenses have increased by 7.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE QUALITY AFFORDABLE PRIMARY HEALTHCARE TO NORTHEAST ARKANSAS WITHOUT REGARD TO FINANCIAL BARRIERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED GENERAL HEALTHCARE AS A FEDERALLY QUALIFIED HEALTH CENTER TO 18,603 PATIENTS WHO MET CERTAIN CRITERIA UNDER THE ORGANIZATION'S CHARITY CARE POLICY OR AT AMOUNTS LESS THAN ESTABLISHED RATES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clinton Smith Physician | 40 | $314,090 | |
Juan Cazano Physician | 40 | $291,810 | |
Carrie Hunter Physician | 40 | $260,674 | |
Gibson Stacy Physician | 40 | $244,411 | |
Calixto Cazano Physician | 40 | $235,011 | |
Brigitte Mcdonald CEO | Officer | 40 | $144,386 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,734,824 |
| All other contributions, gifts, grants, and similar amounts not included above | $243,276 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,978,100 |
| Total Program Service Revenue | $16,330,203 |
| Investment income | $132,785 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,800 |
| 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 | $26,466,307 |
| 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. | $554,094 |
| Compensation of current officers, directors, key employees. | $554,094 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,787,618 |
| Pension plan accruals and contributions | $347,491 |
| Other employee benefits | $1,187,939 |
| Payroll taxes | $598,343 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $120,134 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,136,029 |
| Advertising and promotion | $122,054 |
| Office expenses | $798,143 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $348,765 |
| Travel | $72,880 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $759 |
| Interest | $126,249 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $349,666 |
| Insurance | $60,731 |
| All other expenses | $98,488 |
| Total functional expenses | $18,646,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,228,751 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,347,177 |
| 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 | $97,417 |
| Net Land, buildings, and equipment | $5,625,017 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $809,884 |
| Total assets | $30,108,246 |
| Accounts payable and accrued expenses | $1,722,483 |
| 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 | $2,482,391 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $30,000 |
| Total liabilities | $4,234,874 |
| Net assets without donor restrictions | $25,873,372 |
| 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 | $30,108,246 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that 1st Choice Healthcare Inc has recieved totaling $259,219.
| Awarding Organization | Amount |
|---|---|
Direct Relief Santa Barbara, CA PURPOSE: SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS | $259,219 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wellmont Cardiology Services Johnson City, TN | $7,928,390 | $49,063,818 |
Access Health Louisiana Luling, LA | $26,180,190 | $46,157,276 |
Stigler Health And Wellness Center Inc Stigler, OK | $52,785,536 | $51,384,295 |
Rural Health Services Consortium Inc Rogersville, TN | $62,835,076 | $42,021,848 |
Lone Star Community Health Center Inc Conroe, TX | $22,264,475 | $32,249,676 |
Coastal Family Health Center Inc Biloxi, MS | $22,123,495 | $31,619,752 |
Louisiana Public Health Institute New Orleans, LA | $6,216,562 | $25,183,564 |
Los Barrios Unidos Community Clinic Inc Dallas, TX | $25,417,458 | $25,138,054 |
Methodist-Cdi Dallas, TX | $3,210,545 | $23,341,447 |
East Arkansas Family Health Center Inc West Memphis, AR | $23,111,035 | $26,046,335 |
Childrens Hospital Medical Practice Corp New Orleans, LA | $7,563,902 | $14,130,142 |
Huguley Medical Associates Inc Burleson, TX | $8,864,339 | $15,663,707 |