Civic Intelligence

Corning Area Healthcare Inc

EIN 71-0715998 • 501(c)3 • Corning, AR

Profile

To provide quality affordable primary healthcare to northeast arkansas without regard to financial barriers.

Siviq Scores

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

Liabilities / Assets

51st percentile

0.22x

Higher debt load relative to assets than 51% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.39x

Higher debt load relative to revenue than 59% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

26th percentile

-3.0%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

72nd percentile

$379,348

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

49th percentile

4.8%

Faster asset growth than 49% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-9.4%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$43,496,886

Up $2,008,148 (+4.8%) from 2023

Liabilities

Up

$9,581,235

Up $2,765,784 (+41%) from 2023

Net Assets

Down

$33,915,651

Down $757,636 (-2.2%) from 2023

Revenue

Down

$24,882,076

Down $2,575,038 (-9.4%) from 2023

Expenses

Up

$25,639,712

Up $1,204,440 (+4.9%) from 2023

Net Income

Down

-$757,636

Down $3,779,478 (-125%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $4,771,679Liabilities 2010: $2,345,064Net Assets 2010: $2,426,6152010Assets 2011: $4,941,659Liabilities 2011: $2,275,831Net Assets 2011: $2,665,8282011Assets 2012: $5,121,126Liabilities 2012: $2,269,678Net Assets 2012: $2,851,4482012Assets 2013: $6,652,436Liabilities 2013: $3,535,189Net Assets 2013: $3,117,2472013Assets 2014: $7,923,669Liabilities 2014: $3,817,386Net Assets 2014: $4,106,2832014Assets 2015: $10,248,726Liabilities 2015: $4,512,697Net Assets 2015: $5,736,0292015Assets 2016: $13,174,565Liabilities 2016: $5,005,751Net Assets 2016: $8,168,8142016Assets 2017: $14,599,598Liabilities 2017: $5,157,101Net Assets 2017: $9,442,4972017Assets 2018: $17,308,166Liabilities 2018: $5,117,306Net Assets 2018: $12,190,8602018Assets 2019: $20,523,325Liabilities 2019: $5,232,444Net Assets 2019: $15,290,8812019Assets 2020: $25,698,007Liabilities 2020: $7,644,394Net Assets 2020: $18,053,6132020Assets 2021: $30,108,246Liabilities 2021: $4,234,874Net Assets 2021: $25,873,3722021Assets 2022: $35,278,818Liabilities 2022: $3,627,373Net Assets 2022: $31,651,4452022Assets 2023: $41,488,738Liabilities 2023: $6,815,451Net Assets 2023: $34,673,2872023Assets 2024: $43,496,886Liabilities 2024: $9,581,235Net Assets 2024: $33,915,6512024

Highlighted filing

2024

Assets$43,496,886
Liabilities$9,581,235
Net Assets$33,915,651

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $8,071,7862010Revenue 2011: $9,098,635Expenses 2011: $8,859,422Net Income 2011: $239,2132011Expenses 2012: $8,668,6402012Expenses 2013: $8,621,3492013Revenue 2014: $10,027,613Expenses 2014: $9,038,577Net Income 2014: $989,0362014Revenue 2015: $11,664,659Expenses 2015: $10,034,913Net Income 2015: $1,629,7462015Revenue 2016: $14,315,985Expenses 2016: $11,883,200Net Income 2016: $2,432,7852016Revenue 2017: $14,824,137Expenses 2017: $13,550,454Net Income 2017: $1,273,6832017Revenue 2018: $17,951,820Expenses 2018: $15,203,457Net Income 2018: $2,748,3632018Revenue 2019: $19,392,821Expenses 2019: $16,292,800Net Income 2019: $3,100,0212019Revenue 2020: $20,486,869Expenses 2020: $17,724,137Net Income 2020: $2,762,7322020Revenue 2021: $26,466,307Expenses 2021: $18,646,548Net Income 2021: $7,819,7592021Revenue 2022: $28,313,140Expenses 2022: $22,535,067Net Income 2022: $5,778,0732022Revenue 2023: $27,457,114Expenses 2023: $24,435,272Net Income 2023: $3,021,8422023Revenue 2024: $24,882,076Expenses 2024: $25,639,712Net Income 2024: -$757,6362024

Highlighted filing

2024

Revenue$24,882,076
Expenses$25,639,712
Net Income-$757,636

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.5$9.58$33.9$24.9$25.6$0.76
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.5$6.82$34.7$27.5$24.4$3.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.3$3.63$31.7$28.3$22.5$5.78
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.1$4.23$25.9$26.5$18.6$7.82
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.7$7.64$18.1$20.5$17.7$2.76
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.5$5.23$15.3$19.4$16.3$3.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.3$5.12$12.2$18.0$15.2$2.75
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.6$5.16$9.44$14.8$13.6$1.27
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.2$5.01$8.17$14.3$11.9$2.43
2015Detailed filing. Detailed filing data is available for this year.$10.2$4.51$5.74$11.7$10.0$1.63
2014Summary only. Only limited summary data is available for this year.$7.92$3.82$4.11$10.0$9.04$0.99
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.65$3.54$3.12$8.62
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.12$2.27$2.85$8.67
2011Summary only. Only limited summary data is available for this year.$4.94$2.28$2.67$9.10$8.86$0.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.77$2.35$2.43$8.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 30, 2025
Return Version
2023v6.0
Gross Receipts
$24,882,076
Mission and Program Overview

Mission

To provide quality affordable primary healthcare to northeast arkansas without regard to financial barriers.

To provide quality affordable primary care to northeast arkansas without regard to financial barriers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$20,868,658$21,321,230▲ $452,572
Land, Buildings, and Equipment, Net$9,901,688$13,757,516▲ $3,855,828
Accounts Receivable$9,277,027$8,032,062▼ $1,244,965
Prepaid Expenses and Deferred Charges$254,497$205,858▼ $48,639
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
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 Program Related$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$41,488,738$43,496,886▲ $2,008,148
Other Assets Total$1,186,868$180,220▼ $1,006,648
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,572,912$6,770,534▲ $3,197,622
Accounts Payable and Accrued Expenses$2,795,851$2,288,433▼ $507,418
Other Liabilities$446,688$522,268▲ $75,580
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$6,815,451$9,581,235▲ $2,765,784
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$34,673,287$33,915,651▼ $757,636
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$34,673,287$33,915,651▼ $757,636
Total Liabilities and Net Assets / Fund Balance$41,488,738$43,496,886▲ $2,008,148

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,768,838$2,105,475$13,874,313
Equipment$889,609$3,353,000$4,242,609
Other Land Buildings$732,202$0$732,202
Land$366,867-$366,867
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Clinton SmithPhysicianFT$342,680$36,668$379,348
Carrie HunterPhysicianFT$319,866$30,780$350,646
Calixto CazanoPhysicanFT$264,732$34,632$299,364
James YanceyPhysicianFT$263,689$34,173$297,862
Juan CazanoPhysicianFT$268,050$29,299$297,349
Brigitte McdonaldCEOFT$163,324$27,790$191,114
Sandra GreenCNOFT$146,616$24,092$170,708
Joey RadcliffCFOFT$121,777$14,999$136,776
Rick StansellCIOFT$110,668$12,268$122,936
Sydney StevensCOOFT$103,669$14,690$118,359

Board Members and Trustees

NameTitle
Bonnie WhiteChair
Jerry PhillipsVice Chairman
Brenda PoindexterDirector
Greg MockDirector
Joie SaienniDirector
Josh GoochDirector
Larry LawrenceDirector
Laura BrownDirector
Melinda CalhounDirector
Nick ManattDirector
Pat JohnsonDirector
Randy GoodmanDirector
Rhonda AhrentSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$5,053,227
Program Service Revenue
$19,590,894
Investment Income
$236,751
Other Revenue
$1,204
All Other Contributions
$195,808
Change in Net Assets
$-757,636

Audited Revenue Reconciliation

Revenue per Audited Statements
$24,882,076
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$24,882,076
Total Revenue per Form 990
$24,882,076
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$16,697,357
Other Expenses$8,942,355
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,780,523$3,682,192-$12,462,715
Fees for Services Other$1,643,275$689,122$0$2,332,397
Other Employee Benefits$1,482,356$621,639-$2,103,995
Payroll Taxes$621,078$260,455-$881,533
Current Officers, Directors, Trustees, and Key Employees-$759,855-$759,855
Office Expenses$521,017$218,493-$739,510
Depreciation Depletion$352,551$147,845-$500,396
Pension Plan Contributions$344,704$144,555-$489,259
Occupancy$284,343$119,242-$403,585
Interest$179,382$75,226-$254,608
Travel$142,776$59,875-$202,651
Fees for Services Accounting$120,998$50,741-$171,739
Advertising$103,193$43,275-$146,468
All Other Expenses$85,999$36,064$0$122,063
Insurance$72,815$30,535-$103,350
Other Expenses$16,204$6,796-$23,000
Conferences and Meetings$748$313-$1,061
Total Functional Expenses$18,683,254$6,956,458$0$25,639,712

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$25,639,712
Total Expenses per Audited Statements$25,639,712
Total Expenses per Form 990$25,639,712
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
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
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
Other Liability$337,636
Right to Use Lease Liabiilty$184,632
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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, Line 15 15A & 15B

Compensation of the chief executive officer is determined by comparison of similar positions of comparable officers. The organization uses pca (state primary care association) salary surveys of all community health centers in the state and the nachc annual salary surveys for all community health centers in the nation. The compensation is reviewed and adjusted annually based on performance and cost of living adjustments. The chief executive officer uses these same processes to determine salary ranges for all other employees in the organization.

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

The cfo reviews form 990 for accuracy before presenting it to the board of directors for review.

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

Annually, all board members sign an acknowledgment that they have no conflicts of interest at that time.

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

Governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
1st Choice Healthcare Inc
EIN
71-0715998
Phone
8708573399
Address
PO BOX 83, CORNING, AR 72422

Signing Officer

Name
Brigitte Mcdonald
Title
CEO
Signed
2025-04-30
Discuss with paid preparer
Yes

Organization Details

Formed
1992
Legal Domicile
Ar
Voting Board Members
13
Independent Board Members
13
Employees
242
Volunteers
13

Preparer

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

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 773 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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