Arkansas Health Group
- Assets
- $46.3m
- Revenue
- $141.9m
- Investments
- $0.0
- Employees
- 1,218
- Location
- Little Rock, AR
- Founding
- 04/1997
- Data as of
- 12/2020
- EIN
- 71-0781138
Organization Overview
Arkansas Health Group is located in Little Rock, AR. The organization was established in 1997. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Arkansas Health Group employed 1,218 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Health Group 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 12/2020, Arkansas Health Group generated $141.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $141.4m during the year ending 12/2020. While expenses have increased by 4.8% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY FUNCTION AND ACTIVITY OF ARKANSAS HEALTH GROUP IS TO PROVIDE HEALTHCARE SERVICES TO PATIENTS IN RURAL AND URBAN COMMUNITIES THROUGHOUT ARKANSAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH CARE AND HEALTH CARE RELATED SERVICES TO 614,525 PATIENTS DURING 2021 IN RURAL AND URBAN COMMUNITIES THROUGHOUT ARKANSAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Micheal Pollock Physician | 40 | $1,745,840 | |
Cidney Hulett Physician | 40 | $1,558,296 | |
Robert Searcy Physician | 40 | $1,536,796 | |
Russell Roberson Physician | 40 | $1,466,911 | |
Blake Phillips Physician | 40 | $1,461,473 | |
Dr Stephen Snyder Chairman | OfficerTrustee | 40 | $291,161 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quest Diagnostics Clinical Laborato Reference Lab | 12/30/21 | $1,897,382 |
Pulmonary Associates Pa Contract Labor | 12/30/21 | $3,408,010 |
Hayes Healthcare Llc Lt Provider | 12/30/21 | $4,537,033 |
Cbm Construction Co Inc Construction | 12/30/21 | $1,500,483 |
Access Healthcare Staffing Solution Lt Provider | 12/30/21 | $1,713,862 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,718,247 |
| 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 | $2,718,247 |
| Total Program Service Revenue | $137,053,918 |
| Investment income | $78 |
| 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 | $141,907,913 |
| 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. | $1,206,300 |
| Compensation of current officers, directors, key employees. | $1,206,300 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $99,393,554 |
| Pension plan accruals and contributions | $4,425,703 |
| Other employee benefits | $4,469,586 |
| Payroll taxes | $4,667,621 |
| Fees for services: Management | $2,612,206 |
| Fees for services: Legal | $62,507 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,279,678 |
| Advertising and promotion | $83,149 |
| Office expenses | $2,750,617 |
| Information technology | $2,006,054 |
| Royalties | $0 |
| Occupancy | $4,849,503 |
| Travel | $121,992 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $153,761 |
| Interest | $59,049 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $197,262 |
| Insurance | $1,329,867 |
| All other expenses | $918,396 |
| Total functional expenses | $141,446,799 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,661,663 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,524,957 |
| 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 | $4,454,890 |
| Net Land, buildings, and equipment | $2,454,166 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,164,607 |
| Total assets | $46,260,283 |
| Accounts payable and accrued expenses | $21,080,139 |
| Grants payable | $0 |
| Deferred revenue | $583,103 |
| 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 | $17,809,898 |
| Total liabilities | $39,473,140 |
| Net assets without donor restrictions | $6,787,143 |
| 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 | $46,260,283 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christus Santa Rosa Health Care Corporation San Antonio, TX | $823,819,499 | $885,757,284 |
Methodist Hospital Houston, TX | $130,604,579 | $883,101,957 |
Presence Central And Suburban Hospitals Network St Louis, MO | $520,201,301 | $798,952,140 |
Ssm Health Care Of Wisconsin Inc St Louis, MO | $1,113,460,770 | $681,842,146 |
Mercy Hospital Joplin Joplin, MO | $216,336,948 | $224,274,083 |
Louisiana Childrens Medical Center New Orleans, LA | $2,940,292,717 | $460,794,221 |
Scott & White Hospital Round Rock Dallas, TX | $428,231,823 | $458,358,990 |
United Regional Health Care System Inc Wichita Falls, TX | $1,016,288,839 | $486,094,046 |
Ch Allied Services Inc Columbia, MO | $320,950,223 | $456,105,423 |
Fort Sanders Regional Medical Center Knoxville, TN | $273,614,041 | $362,235,984 |
Lcmc Health Holdings Inc Metairie, LA | $287,653,547 | $326,861,624 |
Baptist Hospitals Of Southeast Texas Beaumont, TX | $264,515,722 | $327,761,225 |