HOT SPRING COUNTY MEDICAL CENTER

EIN: 710766605 501(c)(3) Health Care

MALVERN, AR

Total Revenue
$-12,659
Total Expenses
$47,880
Total Assets
$556,374
Net Assets
$556,074
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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
AR
Phone
5013327397
Tax Period
2024-07-01 to 2025-06-30

HOT SPRING COUNTY MEDICAL CENTER, founded in 1994, is a small nonprofit in the Health Care sector that reported $115K in total revenue in fiscal year 2017. Revenue decreased 13% compared to the prior year. Expenses of $663K exceeded revenue, resulting in a 479% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE RURAL MEDICAL HEALTH CARE. THE HOSPITAL FACILITY WAS LEASED TO BAPTIST HEALTH EFFECTIVE 1/1/2014, AT WHICH TIME BAPTIST HEALTH TOOK OVER OPERATIONS OF THE HOSPITAL. SINCE THE EFFECTIVE DATE, ACTIVITY CONSISTS OF RENTAL INCOME AND EXPENSES ON REMAINING PROPERTY AND ADMINISTRATIVE DUTIES FROM THE LEASE OF THE HOSPITAL FACILITY. BAPTIST HEALTH IS PROVIDING THE HEALTHCARE SERVICES AND OPERATING THE HOSPITAL THROUGH THE LEASE ARRANGEMENT WITH HOT SPRING COUNTY MEDICAL CENTER. THE HOSPITAL LICENSE IS OWNED BY BAPTIST HEALTH.

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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 $0
Program Service Revenue $25
Investment Income $-12,684
Other Revenue $0
TOTAL REVENUE $-12,659

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $47,880
Other Expenses $47,880
TOTAL EXPENSES $47,880

Year-over-Year Comparison

2024 2023 Change
Revenue $-12,659 $110,161 -1.1%
Expenses $47,880 $81,708 -0.4%
Net Income $-60,539 $28,453 -3.1%
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
13
Independent Members
13
Employees
N/A
Volunteers
14

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
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNIE TABER CHAIRMAN 1.0
Officer Director
$0 $0 $0
JAY QUEBEDEAUX President/Administrator 1.0
Officer Director
$0 $0 $0
LANCE HOWELL VICE CHAIRMAN 1.0
Officer Director
$0 $0 $0
CHAD LAUNIUS TRUSTEE 1.0
Director
$0 $0 $0
DANNY RIGGAN TRUSTEE 1.0
Director
$0 $0 $0
DR STEVE ROOK TRUSTEE 1.0
Director
$0 $0 $0
GERALD BLACK TRUSTEE 1.0
Director
$0 $0 $0
JEFFERY MACK MD CHIEF OF STAFF 1.0
Director
$0 $0 $0
JOEY MCDERMOTT TRUSTEE 1.0
Director
$0 $0 $0
LYNETTE SMITH TRUSTEE 1.0
Director
$0 $0 $0
MARION GIBSON TRUSTEE 1.0
Director
$0 $0 $0
MARK CRAMER TRUSTEE 1.0
Director
$0 $0 $0
TERESA HOWELL TRUSTEE 1.0
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
2025 $-12,659 $47,880 $556,374 $-60,539
2024 $110,161 $81,708 $616,938 $28,453
2023 $113,094 $108,693 $812,676 $4,401
2022 $73,258 $158,467 $1,028,790 $-85,209
2021 $110,440 $203,560 $1,329,902 $-93,120
2020 $114,558 $323,229 $1,634,515 $-208,671
2019 $113,972 $329,705 $2,050,460 $-215,733
2018 $114,557 $663,213 $2,469,430 $-548,656
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