Civic Intelligence

Arkansas Methodist Hospital Corporation D/B/A Arkansas Methodist Medical Center

EIN 71-0230218 • 501(c)3 • Paragould, AR

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Profile

Arkansas methodist medical center is a beacon of health, hope, and healing. Our vision is, through dedication, we will provide quality healthcare and promote wellness to the people and communities we serve; thus establishing ammc as your first choice for healthcare. The core of the services offered by ammc is our general acute care hospital, which saw over 4,200 inpatient discharges and over 25,000 emergency room visits in fiscal year 2014. Ammc operates one of the oldest home health agencies in the state of arkansas, making over 17,000 visits last year. We also provide the ambulance service for greene county and portions of clay county. Our ambulances made over 5,300 runs in fiscal year 2014.

900 West KingshighwayParagould, AR 72450

www.arkansasmethodist.org

Siviq Scores

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

Liabilities / Assets

61st percentile

0.36x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

36th percentile

0.21x

Higher debt load relative to revenue than 36% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

22nd percentile

-4.1%

Higher net margin than 22% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

81st percentile

$724,889

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

7th percentile

-11%

Faster asset growth than 7% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

43rd percentile

5.8%

Faster revenue growth than 43% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$49,323,232

Down $5,797,776 (-11%) from 2023

Liabilities

Down

$17,894,626

Down $2,453,466 (-12%) from 2023

Net Assets

Down

$31,428,606

Down $3,344,310 (-9.6%) from 2023

Operations
Liabilities / Revenue36th percentileNet Margin22nd percentile

Revenue

Up

$86,605,050

Up $4,724,593 (+5.8%) from 2023

Expenses

Up

$90,157,822

Up $2,450,020 (+2.8%) from 2023

Net Income

Up

-$3,552,772

Up $2,274,573 (+39%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth7th percentile

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

$80M$60M$40M$20M$0Assets 2010: $53,803,740Liabilities 2010: $17,249,333Net Assets 2010: $36,554,4072010Assets 2011: $55,890,386Liabilities 2011: $17,448,626Net Assets 2011: $38,441,7602011Assets 2012: $55,536,966Liabilities 2012: $13,743,616Net Assets 2012: $41,793,3502012Assets 2013: $59,609,097Liabilities 2013: $16,459,187Net Assets 2013: $43,149,9102013Assets 2014: $62,535,712Liabilities 2014: $17,702,240Net Assets 2014: $44,833,4722014Assets 2015: $68,496,854Liabilities 2015: $18,199,794Net Assets 2015: $50,297,0602015Assets 2016: $69,833,337Liabilities 2016: $17,222,773Net Assets 2016: $52,610,5642016Assets 2017: $74,954,720Liabilities 2017: $17,103,419Net Assets 2017: $57,851,3012017Assets 2018: $57,153,766Liabilities 2018: $15,798,126Net Assets 2018: $41,355,6402018Assets 2019: $56,296,059Liabilities 2019: $15,954,134Net Assets 2019: $40,341,9252019Assets 2020: $77,904,998Liabilities 2020: $39,568,447Net Assets 2020: $38,336,5512020Assets 2021: $65,539,223Liabilities 2021: $22,742,800Net Assets 2021: $42,796,4232021Assets 2022: $61,728,470Liabilities 2022: $21,256,849Net Assets 2022: $40,471,6212022Assets 2023: $55,121,008Liabilities 2023: $20,348,092Net Assets 2023: $34,772,9162023Assets 2024: $49,323,232Liabilities 2024: $17,894,626Net Assets 2024: $31,428,6062024

Highlighted filing

2024

Assets$49,323,232
Liabilities$17,894,626
Net Assets$31,428,606
Open 2024 Filing

Operations Trend

Revenue Growth43rd percentile

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

$150M$100M$50M$0-$50MExpenses 2010: $117,637,3292010Revenue 2011: $68,241,349Expenses 2011: $68,058,207Net Income 2011: $183,1422011Expenses 2012: $66,196,0782012Expenses 2013: $65,483,9252013Revenue 2014: $62,363,141Expenses 2014: $60,024,819Net Income 2014: $2,338,3222014Revenue 2015: $67,088,152Expenses 2015: $61,432,788Net Income 2015: $5,655,3642015Revenue 2016: $65,185,007Expenses 2016: $62,769,514Net Income 2016: $2,415,4932016Revenue 2017: $67,727,921Expenses 2017: $62,744,036Net Income 2017: $4,983,8852017Revenue 2018: $64,309,742Expenses 2018: $67,340,720Net Income 2018: -$3,030,9782018Revenue 2019: $66,413,392Expenses 2019: $67,632,539Net Income 2019: -$1,219,1472019Revenue 2020: $67,012,141Expenses 2020: $68,903,881Net Income 2020: -$1,891,7402020Revenue 2021: $90,714,709Expenses 2021: $87,419,709Net Income 2021: $3,295,0002021Revenue 2022: $86,151,326Expenses 2022: $87,412,950Net Income 2022: -$1,261,6242022Revenue 2023: $81,880,457Expenses 2023: $87,707,802Net Income 2023: -$5,827,3452023Revenue 2024: $86,605,050Expenses 2024: $90,157,822Net Income 2024: -$3,552,7722024

Highlighted filing

2024

Revenue$86,605,050
Expenses$90,157,822
Net Income-$3,552,772
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$49,323,232
Liabilities
$17,894,626
Net assets
$31,428,606
Revenue
$86,605,050
Expenses
$90,157,822
Net income
-$3,552,772
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$49.3$17.9$31.4$86.6$90.2$3.55
2023Detailed filing. Detailed filing data is available for this year.$55.1$20.3$34.8$81.9$87.7$5.83
2022Detailed filing. Detailed filing data is available for this year.$61.7$21.3$40.5$86.2$87.4$1.26
2021Detailed filing. Detailed filing data is available for this year.$65.5$22.7$42.8$90.7$87.4$3.30
2020Detailed filing. Detailed filing data is available for this year.$77.9$39.6$38.3$67.0$68.9$1.89
2019Detailed filing. Detailed filing data is available for this year.$56.3$16.0$40.3$66.4$67.6$1.22
2018Detailed filing. Detailed filing data is available for this year.$57.2$15.8$41.4$64.3$67.3$3.03
2017Detailed filing. Detailed filing data is available for this year.$75.0$17.1$57.9$67.7$62.7$4.98
2016Detailed filing. Detailed filing data is available for this year.$69.8$17.2$52.6$65.2$62.8$2.42
2015Detailed filing. Detailed filing data is available for this year.$68.5$18.2$50.3$67.1$61.4$5.66
2014Detailed filing. Detailed filing data is available for this year.$62.5$17.7$44.8$62.4$60.0$2.34
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$59.6$16.5$43.1$65.5
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.5$13.7$41.8$66.2
2011Summary only. Only limited summary data is available for this year.$55.9$17.4$38.4$68.2$68.1$0.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$53.8$17.2$36.6$118
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 28, 2025
Return Version
2023v6.0
Gross Receipts
$86,605,092
Mission and Program Overview

Mission

During fiscal year 2022, ammc discharged 3,001 adult and pediatric inpatients and delivered 319 newborns. There were approximately 68,501 outpatient visits ranging from outpatient surgery and cardiac cath lab procedures to diagnostic radiology and laboratory visits. In addition, our emergency room saw 21,130 visits last year and our home health agency made 11,599 visits. The ammc ambulance service, with bases in paragould, corning and rector, made 7,205 runs.

Ammc is a community-focused organization that provides overall leadership for meeting the healthcare needs of paragould and greene county, arkansas, as well as surrounding areas of northeast arkansas and southeast missouri.core of the services offered by ammc is our general acute care hospital, which saw over 2,800 inpatient discharges and over 21,000 emergency room visits in fiscal year 2024. Ammc operates one of the oldest home health agencies in the state of arkansas, making over 11,500 visits last year. We also provide the ambulance service for greene county and portions of clay county. Our ambulances made over 6,900 runs in fiscal year 2024.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$18,706,089$16,725,103▼ $1,980,986
Accounts Receivable$9,828,591$10,922,231▲ $1,093,640
Investments Other Securities$8,714,619$6,221,789▼ $2,492,830
Cash and Non-Interest-Bearing Accounts$5,210,860$2,576,093▼ $2,634,767
Prepaid Expenses and Deferred Charges$1,132,193$1,896,709▲ $764,516
Inventories for Sale or Use$1,609,576$1,455,664▼ $153,912
Total Assets$55,121,008$49,323,232▼ $5,797,776
Other Assets Total$9,919,080$9,525,643▼ $393,437
Liabilities
Mortgage Notes Payable Secured by Investment Property$13,293,298$12,088,400▼ $1,204,898
Accounts Payable and Accrued Expenses$7,052,026$5,803,458▼ $1,248,568
Other Liabilities$2,768$2,768→ $0
Total Liabilities$20,348,092$17,894,626▼ $2,453,466
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$34,772,916$31,428,606▼ $3,344,310
Total Net Assets Fund Balance$34,772,916$31,428,606▼ $3,344,310
Total Liabilities and Net Assets / Fund Balance$55,121,008$49,323,232▼ $5,797,776

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,391,006$42,151,034$49,542,040
Buildings$4,540,437$35,161,449$39,701,886
Land$4,634,835-$4,634,835
Other Land Buildings$158,825$783,577$942,402
Other Assets Org$1,422,687--
Other Securities$5,752,730--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mathieu ForguesOtolaryngologistFT$724,889-$724,889
Charbel MarounOrthopedic SurgeonFT$697,502-$697,502
David BrotmanSurgeonFT$576,494-$576,494
Charles Cesare SrOb/gynFT$413,154-$413,154
Joel EppersonPlastic SuregeonFT$404,096-$404,096
Barry L DavisCEOFT$249,958$13,418$263,376
Brad BloemerCFO/CEOFT$203,707$18,725$222,432
Staci WilliamsTreasurer/ CFOFT$112,854$17,696$130,550

Board Members and Trustees

NameTitle
David NeighborsBoard Member/chairman
Mike GaskillBoard Member/past Chairman
Mr Robert ThompsonBoard Member/past Vice Chairman
Matthew MillerBoard Member/vice Chairman
Alliston HestandBoard Member
Amy AdamsBoard Member
Blaine NunnBoard Member
Dr Dwight WilliamsBoard Member
Dr Frank SchefanoBoard Member
Dr Justin McgarityBoard Member
Josh AgeeBoard Member
Rev Dane WomackBoard Member
Bob HodgeBoard Member/secretary
Rhonda DavisBoard Member/treasurer
Dr Jacob McmillonChief of Staff - Nonvoting
Dr Terri GreenMedical Staff Rep.

Highest Paid Contractors

ContractorServicesLocationCompensation
Barrington Health LLCHospitalists4293 AMMADALA CIRCLE, Jonesboro, AR 72404$630,000
Anesthesia Associates Of Paragould Ar PaAnesthesia128 CYPRESS POINT DRIVE, Paragould, AR 72450$577,500
East Arkansas Emergency PhysiciansEmergency PhysiciansPO BOX 677979, Dallas, TX 75267$526,928
Quest DiagnosticsLaboratoryPO BOX 772976, Chicago, IL 60677$491,903
Dream Works AnesthesiaAnesthesia2123 GREENE 728 RD, Paragould, AR 72450$306,323
Revenue and Support

Revenue Composition

Contributions and Grants
$2,309,982
Program Service Revenue
$79,734,693
Investment Income
$809,348
Other Revenue
$3,751,027
All Other Contributions
$2,114,545
Change in Net Assets
$-3,552,772
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$46,785,806
Salaries, Compensation, and Employee Benefits$43,370,416
Grants and Similar Amounts Paid$1,600
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$30,035,655$4,902,752-$34,938,407
Other Employee Benefits$4,721,393$833,187-$5,554,580
Fees for Services Other$4,176,153--$4,176,153
Depreciation Depletion$2,045,506$900,635-$2,946,141
Payroll Taxes$2,102,023$321,741-$2,423,764
Occupancy$317,278$1,593,443-$1,910,721
Other Expenses$925,284$2,454,632-$925,284
Insurance$744,619--$744,619
Interest-$672,493-$672,493
All Other Expenses$205,735$422,487-$628,222
Current Officers, Directors, Trustees, and Key Employees-$453,665-$453,665
Travel$139,005$64,520-$203,525
Fees for Services Accounting-$190,397-$190,397
Advertising$2,777$82,127-$84,904
Grants to Domestic Orgs$1,600--$1,600
Total Functional Expenses$76,086,172$14,071,650$0$90,157,822
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Robin SmithENTITY MORE THAN 35% OWNED BY DR. FRANK SCHEFANO, BOARD MEMBERAS REPORTED ON FORM 990, PART VII, SECTION B, ARKANSAS METHODIST HOSPITAL CORPORATION PAYS ANESTHESIA ASSOCIATES OF PARAGOULD, ARKANSAS $577,500 FOR THE PERFORMANCE OF ANESTHESIA SERVICES BY THE ENTITY.No$577,500
Tori ThompsonRobin Smith Is the Sister of Board Secretary, Rhonda DavisROBIN SMITH WORKS FOR THE HOSPITAL. SHE WAS PAID $64,902.04 IN WAGES, $2,087.47 IN RETIREMENT AND $14,161.99 IN NONTAXABLE BENEFITS.No$81,152
Kendall NunnTori Thompson Is the Spouse of Vice Chairman Robert ThompsonTORI THOMPSON WORKS FOR THE HOSPITAL. SHE WAS PAID $53,077.53 IN WAGES, $2,087.47 IN RETIREMENT AND $6,456.06 IN NONTAXABLE BENEFITS.No$61,165
-Kendall Nunn Is the Daughter-in-law of Board Member Blaine Nunn.KENDALL NUNN WORKS FOR THE HOSPITAL. SHE WAS PAID $58,359.43 IN WAGES AND $25.28 IN RETIREMENT.No$58,385
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Payable$2,768
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
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The form 990 is prepared by the controller and cfo of the organization, working with the organization's outside accounting firm. When a draft form 990 is ready, it is presented for review to the audit committee of the board of directors. The audit committee makes the final review and approves the form 990 to be filed with the irs.”

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

“All board members, officers, directors and department managers review and sign conflict of interest policy each year.”

Form 990, Part VI, Section B, Line 15

“The executive committee of the board of directors, which is made up completely of independent directors, reviews the compensation of the ceo, coo and cfo on an annual basis. In addition to reviewing each individual's performance, the committee reviews independent survey data for comparison to market. The committee determines a recommendation that is then presented to the full board of directors for approval. Contemporaneous minutes document the deliberations, recommendations and decisions of both the executive committee and the board of directors.”

Form 990, Part VI, Section C, Line 18

“The form 990 and form 1023 are available to public upon request.”

Form 990, Part VI, Section C, Line 19

“Ammc makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Arkansas Methodist Hospital Corporation
EIN
71-0230218
Phone
8702397000
Address
900 WEST KINGSHIGHWAY, PARAGOULD, AR 72450
Doing Business As
Arkansas Methodist Medical Center

Signing Officer

Name
Brad Bloemer
Title
Current CEO
Phone
8702397000
Signed
2025-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brad Bloemer
Formed
1949
Legal Domicile
Ar
Voting Board Members
12
Independent Board Members
10
Employees
866
Volunteers
52

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 XII, Line 2C

“The process of monitoring and selecting the independent auditor has not changed from prior year.”

Raw XML AppendixShowing 400 of 1,048 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.

Path#Value
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IRS990/AccountsReceivableGrp/EOYAmt010922231
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0AMMC IS A COMMUNITY-FOCUSED ORGANIZATION THAT PROVIDES OVERALL LEADERSHIP FOR MEETING THE HEALTHCARE NEEDS OF PARAGOULD AND GREENE COUNTY, ARKANSAS, AS WELL AS SURROUNDING AREAS OF NORTHEAST ARKANSAS AND SOUTHEAST MISSOURI.CORE OF THE SERVICES OFFERED BY AMMC IS OUR GENERAL ACUTE CARE HOSPITAL, WHICH SAW OVER 2,800 INPATIENT DISCHARGES AND OVER 21,000 EMERGENCY ROOM VISITS IN FISCAL YEAR 2024. AMMC OPERATES ONE OF THE OLDEST HOME HEALTH AGENCIES IN THE STATE OF ARKANSAS, MAKING OVER 11,500 VISITS LAST YEAR. WE ALSO PROVIDE THE AMBULANCE SERVICE FOR GREENE COUNTY AND PORTIONS OF CLAY COUNTY. OUR AMBULANCES MADE OVER 6,900 RUNS IN FISCAL YEAR 2024.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt082127
IRS990/AdvertisingGrp/ProgramServicesAmt02777
IRS990/AdvertisingGrp/TotalAmt084904
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IRS990/AllOtherExpensesGrp/TotalAmt0628222
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IRS990/Desc0AMMC IS A COMMUNITY-FOCUSED ORGANIZATION THAT PROVIDES OVERALL LEADERSHIP FOR MEETING THE HEALTHCARE NEEDS OF PARAGOULD AND GREENE COUNTY, ARKANSAS, AS WELL AS SURROUNDING AREAS OF NORTHEAST ARKANSAS AND SOUTHEAST MISSOURI. IN RECOGNITION OF ITS UNIQUE ROLE, AMMC WAS DESIGNATED A RURAL REFERRAL CENTER BY THE CENTERS FOR MEDICARE AND MEDICAID SERVICES IN AUGUST 2004. AMMC IS THE ONLY HOSPITAL IN GREENE COUNTY, ARKANSAS, AND PROVIDES A SIGNIFICANT AMOUNT OF CARE AND SERVICE TO INDIGENT PATIENTS COVERED BY THE MEDICAID PROGRAM AS WELL AS OTHER UNINSURED AND UNDERINSURED PATIENTS. AS A RESULT, AMMC IS IDENTIFIED AS A DISPROPORTIONATE SHARE HOSPITAL BY THE CENTERS FOR MEDICARE AND MEDICAID SERVICES.DURING FISCAL YEAR 2024, AMMC DISCHARGED 2,868 ADULT AND PEDIATRIC INPATIENTS AND DELIVERED 438 NEWBORNS. THERE WERE APPROXIMATELY 71,211 OUTPATIENT VISITS RANGING FROM OUTPATIENT SURGERY AND CARDIAC CATH LAB PROCEDURES TO DIAGNOSTIC RADIOLOGY AND LABORATORY VISITS. IN ADDITION, OUR EMERGENCY ROOM SAW 21,265 VISITS LAST YEAR AND OUR HOME HEALTH AGENCY MADE 11,016 VISITS. THE AMMC AMBULANCE SERVICE, WITH BASES IN PARAGOULD, CORNING AND RECTOR, MADE 6,908 RUNS.
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IRS990/MissionDesc0DURING FISCAL YEAR 2024, AMMC DISCHARGED 2,868 ADULT AND PEDIATRIC INPATIENTS AND DELIVERED 438 NEWBORNS. THERE WERE APPROXIMATELY 71,211 OUTPATIENT VISITS RANGING FROM OUTPATIENT SURGERY AND CARDIAC CATH LAB PROCEDURES TO DIAGNOSTIC RADIOLOGY AND LABORATORY VISITS. IN ADDITION, OUR EMERGENCY ROOM SAW 21,265 VISITS LAST YEAR AND OUR HOME HEALTH AGENCY MADE 11,016 VISITS. THE AMMC AMBULANCE SERVICE, WITH BASES IN PARAGOULD, CORNING AND RECTOR, MADE 6,908 RUNS.
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