Civic Intelligence

Chicot Memorial Medical Center

EIN 38-3807713 • 501(c)3 • Lake Village, AR

Profile

To provide convenient, quality healthcare to everyone in a caring, efficient and financially responsible manner that will enhance the quality of life in our community, to promote community wellness; and, to do so with compassion, dignity, and respect for those we serve.

2729 Hwys 65 82 SouthLake Village, AR 71653

www.chicotmemorial.com

Siviq Scores

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

Liabilities / Assets

54th percentile

0.21x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

43rd percentile

0.17x

Higher debt load relative to revenue than 43% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

41st percentile

1.4%

Higher net margin than 41% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

87th percentile

$415,447

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

19th percentile

-4.3%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

44th percentile

4.6%

Faster revenue growth than 44% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Down

$19,007,669

Down $850,500 (-4.3%) from 2024

Liabilities

Down

$3,925,621

Down $1,177,449 (-23%) from 2024

Net Assets

Up

$15,082,048

Up $326,949 (+2.2%) from 2024

Revenue

Up

$23,070,157

Up $1,016,420 (+4.6%) from 2024

Expenses

Up

$22,743,208

Up $720,468 (+3.3%) from 2024

Net Income

Up

$326,949

Up $295,952 (+955%) from 2024

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $18,651,575Liabilities 2011: $10,283,321Net Assets 2011: $8,368,2542011Assets 2012: $19,944,680Liabilities 2012: $9,078,739Net Assets 2012: $10,865,9412012Assets 2013: $21,969,731Liabilities 2013: $8,507,052Net Assets 2013: $13,462,6792013Assets 2014: $21,110,087Liabilities 2014: $7,228,754Net Assets 2014: $13,881,3332014Assets 2015: $19,374,548Liabilities 2015: $5,763,949Net Assets 2015: $13,610,5992015Assets 2016: $17,794,078Liabilities 2016: $4,451,376Net Assets 2016: $13,342,7022016Assets 2017: $14,871,225Liabilities 2017: $3,731,082Net Assets 2017: $11,140,1432017Assets 2018: $14,479,145Liabilities 2018: $4,121,976Net Assets 2018: $10,357,1692018Assets 2019: $12,351,249Liabilities 2019: $4,229,478Net Assets 2019: $8,121,7712019Assets 2020: $10,791,752Liabilities 2020: $4,096,542Net Assets 2020: $6,695,2102020Assets 2021: $21,615,812Liabilities 2021: $10,715,541Net Assets 2021: $10,900,2712021Assets 2022: $20,694,512Liabilities 2022: $7,549,812Net Assets 2022: $13,144,7002022Assets 2023: $19,443,980Liabilities 2023: $4,719,878Net Assets 2023: $14,724,1022023Assets 2024: $19,858,169Liabilities 2024: $5,103,070Net Assets 2024: $14,755,0992024Assets 2025: $19,007,669Liabilities 2025: $3,925,621Net Assets 2025: $15,082,0482025

Highlighted filing

2025

Assets$19,007,669
Liabilities$3,925,621
Net Assets$15,082,048

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $23,565,509Expenses 2011: $15,197,255Net Income 2011: $8,368,2542011Expenses 2012: $16,682,4282012Revenue 2013: $20,866,659Expenses 2013: $18,269,921Net Income 2013: $2,596,7382013Revenue 2014: $16,871,150Expenses 2014: $16,452,496Net Income 2014: $418,6542014Revenue 2015: $17,143,104Expenses 2015: $17,413,838Net Income 2015: -$270,7342015Revenue 2016: $17,542,534Expenses 2016: $17,810,431Net Income 2016: -$267,8972016Revenue 2017: $15,567,622Expenses 2017: $17,770,181Net Income 2017: -$2,202,5592017Revenue 2018: $17,600,489Expenses 2018: $18,383,463Net Income 2018: -$782,9742018Revenue 2019: $17,589,967Expenses 2019: $19,825,365Net Income 2019: -$2,235,3982019Revenue 2020: $18,700,790Expenses 2020: $20,127,351Net Income 2020: -$1,426,5612020Revenue 2021: $24,876,164Expenses 2021: $20,671,102Net Income 2021: $4,205,0622021Revenue 2022: $22,104,345Expenses 2022: $19,859,920Net Income 2022: $2,244,4252022Revenue 2023: $21,736,014Expenses 2023: $20,156,612Net Income 2023: $1,579,4022023Revenue 2024: $22,053,737Expenses 2024: $22,022,740Net Income 2024: $30,9972024Revenue 2025: $23,070,157Expenses 2025: $22,743,208Net Income 2025: $326,9492025

Highlighted filing

2025

Revenue$23,070,157
Expenses$22,743,208
Net Income$326,949

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$19.0$3.93$15.1$23.1$22.7$0.33
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.9$5.10$14.8$22.1$22.0$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.4$4.72$14.7$21.7$20.2$1.58
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.7$7.55$13.1$22.1$19.9$2.24
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.6$10.7$10.9$24.9$20.7$4.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$4.10$6.70$18.7$20.1$1.43
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$4.23$8.12$17.6$19.8$2.24
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.5$4.12$10.4$17.6$18.4$0.78
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.9$3.73$11.1$15.6$17.8$2.20
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.8$4.45$13.3$17.5$17.8$0.27
2015Detailed filing. Detailed filing data is available for this year.$19.4$5.76$13.6$17.1$17.4$0.27
2014Detailed filing. Detailed filing data is available for this year.$21.1$7.23$13.9$16.9$16.5$0.42
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$22.0$8.51$13.5$20.9$18.3$2.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.9$9.08$10.9$16.7
2011Summary only. Only limited summary data is available for this year.$18.7$10.3$8.37$23.6$15.2$8.37
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Jan 30, 2026
Return Version
2024v5.5
Gross Receipts
$23,070,157
Mission and Program Overview

Mission

To provide convenient, quality healthcare to everyone in a caring, efficient and financially responsible manner that will enhance the quality of life in our community, to promote community wellness; and, to do so with compassion, dignity, and respect for those we serve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,361,658$6,467,122▲ $105,464
Savings and Temporary Cash Investments$4,438,069$4,625,629▲ $187,560
Accounts Receivable$3,791,663$4,167,616▲ $375,953
Cash and Non-Interest-Bearing Accounts$4,083,703$2,953,929▼ $1,129,774
Prepaid Expenses and Deferred Charges$213,964$236,156▲ $22,192
Inventories for Sale or Use$204,183$151,398▼ $52,785
Total Assets$19,858,169$19,007,669▼ $850,500
Other Assets Total$764,929$405,819▼ $359,110
Liabilities
Unsecured Notes Loans Payable$2,191,676$1,989,018▼ $202,658
Accounts Payable and Accrued Expenses$2,506,394$1,936,603▼ $569,791
Other Liabilities$405,000$0▼ $405,000
Total Liabilities$5,103,070$3,925,621▼ $1,177,449
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,755,099$15,082,048▲ $326,949
Total Net Assets Fund Balance$14,755,099$15,082,048▲ $326,949
Total Liabilities and Net Assets / Fund Balance$19,858,169$19,007,669▼ $850,500

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,244,971$13,646,544$15,891,515
Buildings$1,694,265$7,691,733$9,385,998
Other Land Buildings$2,226,637$1,273,087$3,499,724
Leasehold Improvements$186,249$676,622$862,871
Land$115,000-$115,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael Bradley MayfieldCMO/surgeonFT$386,057$29,390$415,447
Haley BursonDentistFT$177,937$23,454$201,391
John HeardCEOFT$160,677$3,684$164,361
Vicki AllenCFOFT$136,632$22,370$159,002
Lajuan M ScalesCNO/rnFT$125,680$15,911$141,591
Krista HallPt/therapy DirectorFT$109,510$22,716$132,226
Cheryl BushPharmacistFT$115,025$16,770$131,795
Florence BlueRnFT$119,633-$119,633
Hilda LauhonCompliance/employee HealthFT$106,817$2,528$109,345

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Emergency Staffing SolutionsEr Physicians17304 PRESTON ROAD SUITE 1400, Dallas, TX 75252$919,000
Trilogy Revenue Cycle SolutionsBilling & Coding Services911 FLYNT DR, Flowood, MS 39232$623,063
Gates Anesthesia LLCContract Anesthesia214 BRADLEY 20, Warren, AR 71671$375,000
American Cleaning SystemsHousekeepingPO BOX 772, Crossett, AR 71635$310,927
Horne LLPAuditing, Cost Reporting, Tax ReportingPO BOX 2153, Birmingham, AL 35287$137,179
Revenue and Support

Revenue Composition

Contributions and Grants
$1,487,878
Program Service Revenue
$20,953,291
Investment Income
$298,081
Other Revenue
$330,907
All Other Contributions
$111,143
Change in Net Assets
$326,949

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,063,691
Revenue Not Reported on Financial Statements
$1,006,466
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$1,006,466
Total Revenue per Audited Statements
$22,063,691
Total Revenue per Form 990
$23,070,157
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,557,718
Salaries, Compensation, and Employee Benefits$10,182,540
Grants and Similar Amounts Paid$2,950
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,089,649$893,284-$6,982,933
Fees for Services Other$3,072,538$1,770,920-$4,843,458
Other Employee Benefits$1,234,434$400,486-$1,634,920
Current Officers, Directors, Trustees, and Key Employees-$809,046-$809,046
Depreciation Depletion$774,551--$774,551
Occupancy$80,133$619,014-$699,147
Payroll Taxes$468,980$131,123-$600,103
Insurance-$405,893-$405,893
Pension Plan Contributions$121,553$33,985-$155,538
Travel$101,142$26,226-$127,368
Interest-$85,840-$85,840
Advertising-$46,372-$46,372
Other Expenses$26,919$17,014-$43,933
All Other Expenses$22,891$10,721-$33,612
Grants to Domestic Individuals$2,950--$2,950
Total Functional Expenses$17,301,245$5,441,963$0$22,743,208

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$22,743,208
Expenses per Audited Statements$21,736,742
Total Expenses per Audited Statements$21,736,742
Expenses Not Reported on Financial Statements$1,006,466
Other Expense Adjustments$1,006,466
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The 990 is reviewed by a member of management who then presents to finance committeee for approval. The 990 is also made available for board member review.

Form 990, Part VI, Section B, Line 12C

Individuals who serve as directors, managers, supervisors of clinical departments and any other employee or medical staff member deemed by an administrative officer to be in a position to influence decision-making for the hospital, are required to disclose all conflicts of interest. Disclosure will occur through an annual conflict of interest statement and the disclosure of other actual or potential conflicts as they arise. Prior to decisions being made, directors, officers, and key employees state all conflicts and do not discuss the issues of potential conflict and do not participate in decision making of those issues.

Form 990, Part VI, Section B, Line 15

Ceo and top management compensation is approved by the board of directors and is based on market conditions, regional data, experience level and performance evaluations. Officer's and key employee's compensation is approved by the ceo and is based on salary surveys and performance evaluations.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and the financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Chicot Memorial Medical Center
EIN
38-3807713
Phone
8702659229
Address
2729 HWYS 65 82 SOUTH, LAKE VILLAGE, AR 71653

Signing Officer

Name
John Heard
Title
CEO
Phone
8702659229
Signed
2026-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Heard
Formed
2010
Legal Domicile
Ar
Voting Board Members
7
Independent Board Members
7
Employees
194
Volunteers
20

Preparer

Firm
Horne Llp
Address
661 SUNNYBROOK ROAD STE 100, RIDGELAND, MS 39157
Preparer
Amie Whittington Dean CPA
Phone
6013261000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Purchased services: program service expenses 3,072,538. Management and general expenses 1,770,920. Fundraising expenses 0. Total expenses 4,843,458.

FORM 990, PART XII, LINE 2C:

Process has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

The medical center is organized as an arkansas nonprofit corporation and has been recognized as exempt from federal income taxes under internal revenue code section 501(c)(3). As such, the medical center is required to file a return of organization exempt from income tax, form 990, with the internal revenue service ("irs"). In addition, the medical center is subject to federal income tax on net income that is derived from business activities that are unrelated to its exempt purpose. Management has determined that the medical center is not subject to unrelated business income tax and has not filed an exempt organization business income tax return, form 990-t, with the irs.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

BAD DEBTS 1,006,466.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

BAD DEBT 1,006,466.

Raw XML AppendixShowing 400 of 767 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/ActivityOrMissionDesc0TO PROVIDE CONVENIENT, QUALITY HEALTHCARE TO EVERYONE IN A CARING, EFFICIENT AND FINANCIALLY RESPONSIBLE MANNER THAT WILL ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITY, TO PROMOTE COMMUNITY WELLNESS; AND, TO DO SO WITH COMPASSION, DIGNITY, AND RESPECT FOR THOSE WE SERVE.
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IRS990/MissionDesc0TO PROVIDE CONVENIENT, QUALITY HEALTHCARE TO EVERYONE IN A CARING, EFFICIENT AND FINANCIALLY RESPONSIBLE MANNER THAT WILL ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITY, TO PROMOTE COMMUNITY WELLNESS; AND, TO DO SO WITH COMPASSION, DIGNITY, AND RESPECT FOR THOSE WE SERVE.
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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0CHICOT MEMORIAL MEDICAL CENTER PAYS DUES TO ARKANSAS HOSPITAL ASSOCIATION AND AMERICAN HOSPITAL ASSOCIATION, TOTALING $20,379, OF WHICH 19% ($3,872.01) IS ATTRIBUTABLE TO LOBBYING.

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