CHICOT MEMORIAL MEDICAL CENTER

EIN: 383807713 501(c)(3) Health Care

LAKE VILLAGE, AR

Total Revenue
$23,070,157
Total Expenses
$22,743,208
Total Assets
$19,007,669
Net Assets
$15,082,048
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
AR
Principal Officer
JOHN HEARD
Phone
8702659229
Tax Period
2024-04-01 to 2025-03-31

CHICOT MEMORIAL MEDICAL CENTER, founded in 2010, is a mid-sized nonprofit in the Health Care sector that reported $17.6M in total revenue in fiscal year 2017. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE CONVENIENT, QUALITY HEALTHCARE TO EVERYONE IN A CARING, EFFICIENT AND FINANCIALLY RESPONSIBLE MANNER THAT WILL ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITY, TO PROMOTE COMMUNITY WELLNESS; AND, TO DO SO WITH COMPASSION, DIGNITY, AND RESPECT FOR THOSE WE SERVE.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,487,878
Program Service Revenue $20,953,291
Investment Income $298,081
Other Revenue $330,907
TOTAL REVENUE $23,070,157

Expense Breakdown

Grants Paid $2,950
Salaries & Benefits $10,182,540
Fundraising Expenses $0
Program Expenses $17,301,245
Other Expenses $12,557,718
TOTAL EXPENSES $22,743,208

Year-over-Year Comparison

2024 2023 Change
Revenue $23,070,157 $22,053,737 +0.0%
Expenses $22,743,208 $22,022,740 +0.0%
Net Income $326,949 $30,997 +9.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
194
Volunteers
20

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
4
$880,401
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAM ANGEL CHAIRMAN 1.00
Director
$0 $0 $0
LINDA THOMAS MEMBER 1.00
Director
$0 $0 $0
DR JP BURGE MEMBER 1.00
Director
$0 $0 $0
BILL ELLIOT JR MEMBER 1.00
Director
$0 $0 $0
DINO SABBATINI MEMBER 1.00
Director
$0 $0 $0
SHIRLEY CATALANI MEMBER 1.00
Director
$0 $0 $0
CARRIE H PIERONI MEMBER 1.00
Director
$0 $0 $0
LAJUAN M SCALES CNO/RN 50.00
Officer
$125,680 $15,911 $141,591
JOHN HEARD CEO 50.00
Officer
$160,677 $3,684 $164,361
VICKI ALLEN CFO 50.00
Officer
$136,632 $22,370 $159,002
MICHAEL BRADLEY MAYFIELD CMO/SURGEON 50.00
Officer
$386,057 $29,390 $415,447
HALEY BURSON DENTIST 50.00
Highest
$177,937 $23,454 $201,391
CHERYL BUSH PHARMACIST 50.00
Highest
$115,025 $16,770 $131,795
KRISTA HALL PT/THERAPY DIRECTOR 50.00
Highest
$109,510 $22,716 $132,226
HILDA LAUHON COMPLIANCE/EMPLOYEE HEALTH 50.00
Highest
$106,817 $2,528 $109,345
FLORENCE BLUE RN 50.00
Highest
$119,633 $0 $119,633
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
2025 $23,070,157 $22,743,208 $19,007,669 $326,949
2024 $22,053,737 $22,022,740 $19,858,169 $30,997
2023 $21,736,014 $20,156,612 $19,443,980 $1,579,402
2022 $22,104,345 $19,859,920 $20,694,512 $2,244,425
2021 $24,876,164 $20,671,102 $21,615,812 $4,205,062
2020 $18,700,790 $20,127,351 $10,791,752 $-1,426,561
2019 $17,589,967 $19,825,365 $12,351,249 $-2,235,398
2018 $17,600,489 $18,383,463 $14,479,145 $-782,974
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