Washington Regional Medical System Welfare Benefit Plan

EIN: 046959453 Mutual Benefit

FAYETTEVILLE, AR

Total Revenue
$27,144,530
Total Expenses
$26,468,876
Total Assets
$3,112,575
Net Assets
$3,103,717
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
AR
Phone
4794631120
Tax Period
2023-01-01 to 2023-12-31

WASHINGTON REGIONAL MEDICAL SYSTEM WELFARE BENEFIT PLAN, founded in 1988, is a mid-sized nonprofit in the Mutual Benefit sector that reported $18.2M in total revenue in fiscal year 2020. Expenses of $15.8M left a modest 14% surplus.

Mission

THE PLAN PROVIDES HEALTH AND DENTAL BENEFITS COVERING APPROXIMATELY 2,500 WASHINGTON REGIONAL MEDICAL SYSTEM EMPLOYEES.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $27,101,491
Investment Income $43,039
Other Revenue $0
TOTAL REVENUE $27,144,530

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $1,464,627
TOTAL EXPENSES $26,468,876

Year-over-Year Comparison

2023 2022 Change
Revenue $27,144,530 $21,788,422 +0.2%
Expenses $26,468,876 $19,456,702 +0.4%
Net Income $675,654 $2,331,720 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 0.0
$3,117 $0 $3,117
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $27,144,530 $26,468,876 $3,112,575 $675,654
2022 $21,788,422 $19,456,702 $2,596,891 $2,331,720
2021 $18,406,447 $21,677,458 $982,348 $-3,271,011
2020 $18,220,582 $15,758,513 $3,456,916 $2,462,069
Explore More Nonprofits
→Top 100 Nonprofits in Arkansas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Washington Regional Medical System Welfare Benefit Plan with other nonprofits in Arkansas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.