CROSSETT HEALTH FOUNDATION DBA ASHLEY COUNTY MEDICAL CENTER

EIN: 710236870 501(c)(3) Health Care

CROSSETT, AR

Total Revenue
$38,565,037
Total Expenses
$39,961,658
Total Assets
$21,120,768
Net Assets
$10,498,189
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
AR
Phone
8703641280
Tax Period
2023-10-01 to 2024-09-30

CROSSETT HEALTH FOUNDATION DBA ASHLEY COUNTY MEDICAL CENTER, founded in 1963, is a mid-sized nonprofit in the Health Care sector that reported $35.6M in total revenue in fiscal year 2017.

Mission

TO PROMOTE GOOD HEALTH AND PROVIDE QUALITY HEALTHCARE WITH A QUALIFIED STAFF IN A CARING AND COMPASSIONATE MANNER.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $572,057
Program Service Revenue $34,708,121
Investment Income $22,244
Other Revenue $3,262,615
TOTAL REVENUE $38,565,037

Expense Breakdown

Grants Paid $6,000
Salaries & Benefits $22,670,798
Fundraising Expenses $0
Program Expenses $29,642,302
Other Expenses $17,284,860
TOTAL EXPENSES $39,961,658

Year-over-Year Comparison

2023 2022 Change
Revenue $38,565,037 $42,037,521 -0.1%
Expenses $39,961,658 $41,688,092 0.0%
Net Income $-1,396,621 $349,429 -5.0%
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
6
Employees
405
Volunteers
267

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
$222,852
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LON BITZER PHYSICIAN 40.00
$503,442 $0 $503,442
WARREN MACDONALD PHYSICIAN 40.00
$499,953 $0 $499,953
GREG RABALAIS MD 40.00
$392,952 $0 $392,952
KENNETH PRATHER PHYSICIAN 40.00
$340,218 $0 $340,218
FELICIA BROWN PHYSICIAN 40.00
$314,237 $0 $314,237
PHILLIP GILMORE CEO 40.00
Officer
$222,852 $0 $222,852
JERRY SHELBY Chairman 0.50
Officer Director
$0 $0 $0
BRUCE TIMMONS Vice Chairman 0.50
Officer Director
$0 $0 $0
JAMES PHIFER Secretary/Tres 0.50
Officer Director
$0 $0 $0
RICKY NELMS BOARD MEMBER 0.50
Director
$0 $0 $0
DR BEN WALSH Board Member 0.50
Director
$0 $0 $0
STEVE HARTSHORN Board Member 0.50
Director
$0 $0 $0
JENNIFER KING BOARD MEMBER 0.50
Director
$0 $0 $0
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 $38,565,037 $39,961,658 $21,120,768 $-1,396,621
2023 $42,037,521 $41,688,092 $23,100,195 $349,429
2022 $42,261,153 $43,407,600 $23,994,810 $-1,146,447
2021 $43,338,638 $42,339,102 $23,564,892 $999,536
2020 $39,695,699 $37,837,616 $25,393,510 $1,858,083
2019 $36,590,847 $36,506,768 $17,443,331 $84,079
2018 $35,592,251 $36,191,673 $18,317,116 $-599,422
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