ARKANSAS METHODIST MEDICAL CENTER FOUNDATION

EIN: 721562468 501(c)(3) Philanthropy & Grantmaking

PARAGOULD, AR

Total Revenue
$350,052
Total Expenses
$375,943
Total Assets
$4,018,373
Net Assets
$3,756,856
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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
AR
Principal Officer
BRAD BLOEMER
Phone
8702397000
Tax Period
2023-07-01 to 2024-06-30

ARKANSAS METHODIST MEDICAL CENTER FOUNDATION, founded in 2003, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $260K in total revenue in fiscal year 2017. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $352K exceeded revenue, resulting in a 36% operating deficit.

Mission

TO PROVIDE FUNDS IN THE FORM OF GIFTS, GRANTS AND SERVICES TO ARKANSAS METHODIST MEDICAL CENTER AND OTHER CHARITABLE ORGANIZATIONS IN FURTHERANCE OF THEIR SCIENTIFIC, LITERARY, AND EDUCATIONAL PURPOSES.

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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 $84,990
Program Service Revenue $0
Investment Income $172,279
Other Revenue $92,783
TOTAL REVENUE $350,052

Expense Breakdown

Grants Paid $216,468
Salaries & Benefits $109,080
Fundraising Expenses $39,868
Program Expenses $296,206
Other Expenses $50,395
TOTAL EXPENSES $375,943

Year-over-Year Comparison

2023 2022 Change
Revenue $350,052 $276,651 +0.3%
Expenses $375,943 $222,626 +0.7%
Net Income $-25,891 $54,025 -1.5%
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
11
Independent Members
9
Employees
N/A
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
$677,523
Total Directors
14
$179,586
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK ROWLAND BOARD MEMBER 1.50
Director
$0 $0 $0
ANGELA RICE BOARD MEMBER-SECRETARY 1.50
Director
$0 $0 $0
SONIA FONTICIELLA BOARD MEMBER 1.50
Director
$0 $0 $0
ANN MARIE GUINN BOARD MEMBER 1.50
Director
$0 $0 $0
LORA LAUBACH BOARD MEMBER 1.50
Director
$0 $0 $0
ANGIE HALVERSON BOARD MEMBER - PART YEAR 1.50
Director
$0 $0 $0
BRIGITTE MCDONALD BOARD MEMBER 1.50
Director
$0 $0 $0
STAN CARMACK BOARD MEMBER - NONVOTING 1.50
Director
$0 $19,090 $179,586
CHRISTY FORD BOARD MEMBER 2.00
Director
$0 $0 $0
TRACY BRENGARD BOARD MEMBER 1.50
Director
$0 $0 $0
FRANK SCHEFANO MD BOARD MEMBER - PART YEAR 1.50
Director
$0 $0 $0
REV DANE WOMACK BOARD MEMBER 1.50
Director
$0 $0 $0
BRAD ROGERS CHAIRMAN 1.50
Director
$0 $0 $0
KELLY ROSWELL VICE CHAIRMAN 1.50
Director
$0 $0 $0
BARRY DAVIS CEO 1.00
Officer
$0 $13,418 $263,376
TORI THOMPSON EXECUTIVE DIRECTOR 40.00
Officer
$0 $8,087 $61,165
BRAD BLOEMER CFO/CEO 1.00
Officer
$0 $18,725 $222,432
STACI WILLIAMS TREASURER 1.00
Officer
$0 $17,696 $130,550
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 No data No data No data No data
2024 $350,052 $375,943 $4,018,373 $-25,891
2023 $276,651 $222,626 $3,900,545 $54,025
2022 $145,231 $153,698 $3,801,394 $-8,467
2021 $178,199 $179,768 $4,069,363 $-1,569
2020 $507,882 $217,753 $3,651,321 $290,129
2019 $213,760 $476,814 $3,457,836 $-263,054
2018 $259,576 $351,769 $3,623,241 $-92,193
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