Civic Intelligence

Baxter Regional Health System

EIN 30-0650211 • 501(c)3 • Mountain Home, AR

Profile

Baxter health system's mission is to provide compassionate care beyond measure.

624 Hospital DriveMountain Home, AR 72653

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

87th percentile

0.80x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.88x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

6th percentile

-48%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

58th percentile

7.6%

Faster asset growth than 58% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

52nd percentile

7.6%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Assets

Up

$16,373,301

Up $2,108,712 (+15%) from 2023

Liabilities

Up

$13,113,933

Up $1,251,877 (+11%) from 2023

Net Assets

Up

$3,259,368

Up $856,835 (+36%) from 2023

Revenue

Up

$14,850,280

Up $1,634,901 (+12%) from 2023

Expenses

Up

$22,015,136

Up $1,670,118 (+8.2%) from 2023

Net Income

Down

-$7,164,856

Down $35,217 (-0.5%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0-$5.0MAssets 2011: $0Liabilities 2011: $0Net Assets 2011: $02011Assets 2012: $0Liabilities 2012: $0Net Assets 2012: $02012Assets 2013: $41,355Liabilities 2013: $10,000Net Assets 2013: $31,3552013Assets 2014: $867,301Liabilities 2014: $952,362Net Assets 2014: -$85,0612014Assets 2015: $718,893Liabilities 2015: $899,230Net Assets 2015: -$180,3372015Assets 2016: $2,316,467Liabilities 2016: $1,126,357Net Assets 2016: $1,190,1102016Assets 2017: $3,344,050Liabilities 2017: $2,614,039Net Assets 2017: $730,0112017Assets 2018: $4,701,529Liabilities 2018: $3,900,317Net Assets 2018: $801,2122018Assets 2019: $6,527,728Liabilities 2019: $5,526,300Net Assets 2019: $1,001,4282019Assets 2020: $6,675,192Liabilities 2020: $5,613,088Net Assets 2020: $1,062,1042020Assets 2021: $14,213,450Liabilities 2021: $12,818,664Net Assets 2021: $1,394,7862021Assets 2022: $14,130,267Liabilities 2022: $11,859,014Net Assets 2022: $2,271,2532022Assets 2023: $14,264,589Liabilities 2023: $11,862,056Net Assets 2023: $2,402,5332023Assets 2024: $16,373,301Liabilities 2024: $13,113,933Net Assets 2024: $3,259,3682024

Highlighted filing

2024

Assets$16,373,301
Liabilities$13,113,933
Net Assets$3,259,368

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $0Expenses 2011: $0Net Income 2011: $02011Revenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $31,216Expenses 2013: $0Net Income 2013: $31,2162013Revenue 2014: $99,878Expenses 2014: $216,294Net Income 2014: -$116,4162014Revenue 2015: $816,036Expenses 2015: $899,365Net Income 2015: -$83,3292015Revenue 2016: $573,729Expenses 2016: $1,133,742Net Income 2016: -$560,0132016Revenue 2017: $1,579,314Expenses 2017: $2,038,413Net Income 2017: -$459,0992017Revenue 2018: $2,483,377Expenses 2018: $3,573,826Net Income 2018: -$1,090,4492018Revenue 2019: $2,977,187Expenses 2019: $4,379,927Net Income 2019: -$1,402,7402019Revenue 2020: $3,922,562Expenses 2020: $6,428,984Net Income 2020: -$2,506,4222020Revenue 2021: $5,449,771Expenses 2021: $8,198,460Net Income 2021: -$2,748,6892021Revenue 2022: $12,820,136Expenses 2022: $19,212,860Net Income 2022: -$6,392,7242022Revenue 2023: $13,215,379Expenses 2023: $20,345,018Net Income 2023: -$7,129,6392023Revenue 2024: $14,850,280Expenses 2024: $22,015,136Net Income 2024: -$7,164,8562024

Highlighted filing

2024

Revenue$14,850,280
Expenses$22,015,136
Net Income-$7,164,856

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.4$13.1$3.26$14.9$22.0$7.16
2023Detailed filing. Detailed filing data is available for this year.$14.3$11.9$2.40$13.2$20.3$7.13
2022Detailed filing. Detailed filing data is available for this year.$14.1$11.9$2.27$12.8$19.2$6.39
2021Detailed filing. Detailed filing data is available for this year.$14.2$12.8$1.39$5.45$8.20$2.75
2020Detailed filing. Detailed filing data is available for this year.$6.68$5.61$1.06$3.92$6.43$2.51
2019Detailed filing. Detailed filing data is available for this year.$6.53$5.53$1.00$2.98$4.38$1.40
2018Detailed filing. Detailed filing data is available for this year.$4.70$3.90$0.80$2.48$3.57$1.09
2017Detailed filing. Detailed filing data is available for this year.$3.34$2.61$0.73$1.58$2.04$0.46
2016Detailed filing. Detailed filing data is available for this year.$2.32$1.13$1.19$0.57$1.13$0.56
2015Detailed filing. Detailed filing data is available for this year.$0.72$0.90$0.18$0.82$0.90$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.87$0.95$0.09$0.10$0.22$0.12
2013Detailed filing. Detailed filing data is available for this year.$0.04$0.01$0.03$0.03$0.00$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.1
Gross Receipts
$14,850,280
Mission and Program Overview

Mission

To operate for the benefit of, perform the functions of and/or carry out the purposes of baxter county regional hospital & other health care organizations which are hospitals.

Baxter health system's mission is to provide compassionate care beyond measure.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,376,499$12,444,247▲ $1,067,748
Investments Program Related$226,001$1,116,858▲ $890,857
Accounts Receivable$1,039,066$1,107,602▲ $68,536
Cash and Non-Interest-Bearing Accounts$801,717$958,141▲ $156,424
Other Notes and Loans Receivable, Net$416,176$423,259▲ $7,083
Savings and Temporary Cash Investments$68,676$42,944▼ $25,732
Prepaid Expenses and Deferred Charges$0$10,029▲ $10,029
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$14,264,589$16,373,301▲ $2,108,712
Other Assets Total$336,454$270,221▼ $66,233
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,406,204$9,152,673▲ $746,469
Other Liabilities$3,056,926$3,604,200▲ $547,274
Accounts Payable and Accrued Expenses$217,926$357,060▲ $139,134
Deferred Revenue$181,000--
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$11,862,056$13,113,933▲ $1,251,877
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,402,533$3,259,368▲ $856,835
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$2,402,533$3,259,368▲ $856,835
Total Liabilities and Net Assets / Fund Balance$14,264,589$16,373,301▲ $2,108,712

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,431,466$2,083,490$12,514,956
Equipment$613,818$819,614$1,433,432
Land$885,492-$885,492
Other Land Buildings$513,471$195,410$708,881
Investment Program Related Org$1,116,858--
Leasehold Improvements$0--
Compensation and Service Providers

Highest Paid Contractors

ContractorServicesLocationCompensation
Waypoint Health Care AdvisorsConsulting316 BAILEY AVE, STE 105, Fort Worth, TX 76107$162,097
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$14,838,732
Investment Income
$11,548
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$-7,164,856

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,850,280
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$14,850,280
Total Revenue per Form 990
$14,850,280
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$17,529,944
Other Expenses$4,485,192
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$13,037,907$908,567-$13,946,474
Other Employee Benefits$3,320,608$231,402-$3,552,010
Fees for Services Other$1,774,048$123,627$0$1,897,675
Depreciation Depletion$575,457$40,102-$615,559
Interest$316,393$22,048-$338,441
Occupancy$305,959$21,321-$327,280
Office Expenses$168,439$11,738-$180,177
Insurance$112,361$7,830-$120,191
All Other Expenses$80,928$5,639$0$86,567
Payroll Taxes$29,410$2,050-$31,460
Travel$26,141$1,822-$27,963
Advertising$16,311$1,137-$17,448
Other Expenses$9,271$646-$9,917
Total Functional Expenses$20,580,922$1,434,214$0$22,015,136

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$22,015,136
Total Expenses per Audited Statements$22,015,136
Total Expenses per Form 990$22,015,136
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$3,337,097
Due to Affiliate$267,103
Lease Liability-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 16B

Baxter regional health system (brhs) has sufficient control over pain clinic, llc, cancer diagnostic center, llc, coal dust enterprises, llc and baxter regional outpatient surgery center, llc to ensure that all entities further the exempt purpose of brhs. All joint ventures will give priority to exempt purposes of brhs over maximizing profits for the other participants. All joint ventures will not engage in activities that would jeopardize brhs's exemption. All contracts between a joint ventures and brhs and/or its affiliates will be at arm's length.

Form 990, Part VI, Line 15A 15B

Baxter regional health system (brhs) does not compensate any officers or directors. Compensation for physicians is set based upon review of market data, and mgma comparability data. Compensation recommendations were made by integrated healthcare strategies in 2017 and updated in 2019. In addition, the compensation committee and human resources department review area 990's, aha, and other market data as needed.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The controller and cfo review form 990 before it is presented to the board for review. Each board member receives a materially complete copy of form 990 at the board meeting at which it was reviewed. This meeting is held prior to filing. Board members have access to a final version of the form 990 prior to filing.

Form 990, Part VI, Line 12C Conflict of interest policy

The governing body has a conflict of interest committee. All board members review and sign a conflict of interest disclosure statement annually. The conflict of interest committee reviews disclosed transactions.

Form 990, Part VI, Line 19 Required documents available to the public

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon written request.

Form 990, Part VII, Section A PART VII SECTION A AND SCHEDULE J PART II

Compensation information required in form 990, part vii, section a and schedule j, part ii is provided in a table identified as compensation attachment and attached to the tax return document following schedule r. The tables within the return are populated with zero because of the electronic filing requirement, and the correct amounts are included in the attachment.

Form 990, Part VIII, Line 2F Other Program Service Revenue

MEDICAL OFFICE BUILDING RENT - Total Revenue: 89765, Related or Exempt Function Revenue: 89765, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;

Filing and Contact Details

Filer

Filer Name
Baxter Regional Health System
EIN
30-0650211
Phone
8705081000
Address
624 HOSPITAL DRIVE, MOUNTAIN HOME, AR 72653

Signing Officer

Name
Debra Henry
Title
CFO
Phone
8705081000
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
Ar
Voting Board Members
10
Independent Board Members
9
Employees
2,671
Volunteers
416

Preparer

Firm
Forvis Mazars LLP
Address
PO Box 3667, Little Rock, AR 72203-3667
Preparer
Amber Sherrill
Phone
5013721040
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 1A

The amounts reported on lines 1a and 2a are filed by the organization's disregarded entities and baxter health, a related entity, on behalf of baxter regional health system and other related entities.

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

TRANSFERS FROM AFFILIATES - 8021691; Total - 8021691;

Financial Statement Notes

Schedule D, Part X, Line 2

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material tax positions to be recorded or disclosed in the financial statements.

Raw XML AppendixShowing 400 of 1,077 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm1Lang Zimmerman
IRS990/Form990PartVIISectionAGrp/PersonNm2Paul Wade
IRS990/Form990PartVIISectionAGrp/PersonNm3Steve Luelf
IRS990/Form990PartVIISectionAGrp/PersonNm4Jason Lindsay - See Statement
IRS990/Form990PartVIISectionAGrp/PersonNm5Jerry Cunningham
IRS990/Form990PartVIISectionAGrp/PersonNm6Melissa Dirst-Roberts
IRS990/Form990PartVIISectionAGrp/PersonNm7Randy Hopper
IRS990/Form990PartVIISectionAGrp/PersonNm8Sally Gilbert
IRS990/Form990PartVIISectionAGrp/PersonNm9Ted Sanders
IRS990/Form990PartVIISectionAGrp/PersonNm10Anthony Reed - See Statement
IRS990/Form990PartVIISectionAGrp/PersonNm11Debra Henry - See Statement
IRS990/Form990PartVIISectionAGrp/PersonNm12Rachel Gilbert - See Statement
IRS990/Form990PartVIISectionAGrp/PersonNm13Rondell Peterson - See Statement
IRS990/Form990PartVIISectionAGrp/PersonNm14Akihiro Kobayashi - See Statement
IRS990/Form990PartVIISectionAGrp/PersonNm15Allan Gocio - See Statement
IRS990/Form990PartVIISectionAGrp/PersonNm16Lucas Bradley - See Statement
IRS990/Form990PartVIISectionAGrp/PersonNm17Michael Camp - See Statement
IRS990/Form990PartVIISectionAGrp/PersonNm18Patrick Tobbia - See Statement
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