LEO N LEVI MEMORIAL HOSPITAL ASSOCIATION

EIN: 710246565 501(c)(3) Health Care

HOT SPRINGS, AR

Total Revenue
$9,656,206
Total Expenses
$8,630,820
Total Assets
$15,434,370
Net Assets
$14,181,523
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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
AR
Phone
5016241281
Tax Period
2024-01-01 to 2024-12-31

LEO N LEVI MEMORIAL HOSPITAL ASSOCIATION, founded in 1989, is a community nonprofit in the Health Care sector that reported $8.7M in total revenue in fiscal year 2018. Expenses of $8.1M left a modest 7% surplus.

Mission

LEVI HOSPITAL CONTINUES TO PROVIDE SPECIALTY CARE, IN A UNIQUE TRADITION OF ITSJEWISH SERVICE HERITAGE, FOR THE BENEFIT OF THE RESIDENTS OF HOT SPRINGS AND ITSSURROUNDING COMMUNITIES. LEVI HOSPITAL SHALL SERVE ALL PERSONS WITHOUT REGARDS TORACE, RELIGION, CREED, NATIONAL ORIGIN, SEX, AGE, DISABILITY, OR ECONOMIC MEANS. ASA NOT-FOR-PROFIT ENTITY, LEVI PROVIDES SERVICE WITHIN THE RESOURCES OF ITS ORGANIZATION.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $22,256
Program Service Revenue $8,638,246
Investment Income $769,216
Other Revenue $226,488
TOTAL REVENUE $9,656,206

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,287,768
Fundraising Expenses $0
Program Expenses $5,587,099
Other Expenses $2,343,052
TOTAL EXPENSES $8,630,820

Year-over-Year Comparison

2024 2023 Change
Revenue $9,656,206 $9,215,823 +0.0%
Expenses $8,630,820 $8,415,044 +0.0%
Net Income $1,025,386 $800,779 +0.3%
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
10
Independent Members
9
Employees
191
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
4
$148,499
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZANE JEFFERS CEO 40.00
Officer
$148,499 $0 $148,499
KERI CRENSHAW COO 40.00
$108,555 $0 $108,555
CLINT CRABTREE PHYSICAL THERPIST 40.00
$105,254 $0 $105,254
BRAD HUDGENS Director 1.00
Director
$0 $0 $0
STUART FLEISCHNER DDS VICE CHAIRMAN 1.00
Director
$0 $0 $0
COURTNEY COUCH JR Director 1.00
Director
$0 $0 $0
DENNIS SMITH CPA Chairman 1.00
Officer Director
$0 $0 $0
RAY OWEN JR Director 1.00
Director
$0 $0 $0
COURTNEY C CROUCH JR Director 1.00
Officer Director
$0 $0 $0
LESLIE BALLENTINE PAST CHAIR 1.00
Officer Director
$0 $0 $0
HAROLD KOPPEL DDS MSD Director 1.00
Director
$0 $0 $0
KAREN BAIM REAGLER Secretary 1.00
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 $9,656,206 $8,630,820 $15,434,370 $1,025,386
2023 $9,215,823 $8,415,044 $14,636,514 $800,779
2022 $10,783,739 $9,274,737 $13,415,278 $1,509,002
2021 $11,104,687 $9,317,094 $12,474,763 $1,787,593
2020 $12,169,732 $9,194,873 $10,652,546 $2,974,859
2019 $10,356,724 $8,879,445 $6,718,755 $1,477,279
2018 $8,713,633 $8,116,102 $5,578,122 $597,531
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