REGIONAL HEALTH SERVICES INC

EIN: 630721572 501(c)(3) Health Care

Anniston, AL

Total Revenue
$24
Total Expenses
$195,881
Total Assets
$3,603,849
Net Assets
$908,007
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
AL
Phone
2562355050
Tax Period
2023-10-01 to 2024-09-30

Mission

SUPPORT OF THE HEALTH CARE AUTHORITY OF THE CITY OF ANNISTON.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $24
TOTAL REVENUE $24

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $195,881
TOTAL EXPENSES $195,881

Year-over-Year Comparison

2023 2022 Change
Revenue $24 $7 +2.4%
Expenses $195,881 $19,127 +9.2%
Net Income $-195,857 $-19,120 +9.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
7
Independent Members
7
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
1
$448,713
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Blaine Bateman DO BOARD MEMBER 1.0
Director
$0 $0 $0
Bud Owsley BOARD MEMBER 1.0
Director
$0 $0 $0
Ellen Bass boaRD MEMBER 1.0
Director
$0 $0 $0
GORDON HARDY MD BOARD MEMBER 1.0
Director
$0 $0 $0
Jay Jenkins Board MEMBER 1.0
Director
$0 $0 $0
Rob Svenson OD bOARD MEMBER 1.0
Director
$0 $0 $0
Sandra Sudduth BOARD MEMBER 1.0
Director
$0 $0 $0
LOUIS BASS CEO 1.0
Officer
$0 $24,609 $448,713
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 $24 $195,881 $3,603,849 $-195,857
2023 $7 $19,127 $3,799,705 $-19,120
2023 $7 $19,127 $3,799,705 $-19,120
2022 No data $31,433 $3,818,803 No data
2021 No data $7,255 $3,840,464 No data
2020 No data $9,788 $3,857,058 No data
2019 No data $9,648 $3,876,325 No data
2018 No data $177,001 $3,864,853 No data
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