Conway Regional Medical Center Inc
78% goes to programs $21 to raise $100 Strong reserves Growing revenue
Conway Regional Medical Center Inc is a 501(c)(3) organization based in Conway, Arkansas, registered in 1940, with $295,742,492 in FY2024 revenue. CharityIndex grades it A, and it directs about 78% of spending to programs.
2302 College Ave, Conway, AR, 72034 EIN 71-0249735 Since 1940
Revenue (FY2024)
$295.7M
▲ 13.8% vs prior year
Health median: $840K
Expenses (FY2024)
$295.6M
Net assets
$158.9M
Employees
2,340
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating78% to programs · $21 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Conway Regional Medical Center Inc: 78% to programs · $21 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Conway Regional Medical Center Inc: 6 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Conway Regional Medical Center Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Conway Regional Medical Center Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Provision of inpatient, outpatient, geriatric, psychiatric, cardiac, emergency care and other patient care services to patients in conway and surrounding areas.
Contact & location
- Address
- 2302 College Ave, Conway, AR, 72034
- City
- Conway
- State
- Arkansas
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $153.0M (FY2013) to $295.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $101.6MNet assets $158.9M
Operating margin
0.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$260.5M
Total liabilities
$101.6M
Net assets
$158.9M
Salaries & benefits
$153.4M
52% of expenses
Board members
10
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $295,742,492▲13.8% | $295,572,132▲14.6% | $158,862,981▲4.7% | $260,487,743▲1.5% | 990 |
| 2023 | $259,879,681▼0.7% | $257,953,330▼3.4% | $151,747,034▲6.4% | $256,679,708▼0.5% | 990 |
| 2022 | $261,652,035▲3.0% | $267,091,547▲8.1% | $142,634,023▼10.4% | $257,912,565▼9.6% | 990 |
| 2021 | $254,096,727▲17.9% | $247,148,974▲16.5% | $159,144,071▲8.0% | $285,210,593▲2.8% | 990 |
| 2020 | $215,569,506▲4.2% | $212,145,976▲6.4% | $147,335,944▲4.1% | $277,338,838▲11.9% | 990 |
| 2019 | $206,847,467▲8.1% | $199,460,904▲8.2% | $141,526,130▲9.8% | $247,766,639▲10.1% | 990 |
| 2018 | $191,284,874▲16.8% | $184,305,997▲11.9% | $128,847,808▲4.8% | $225,057,927▲25.5% | 990 |
| 2017 | $163,723,722▲1.6% | $164,679,352▲5.1% | $122,998,446▲2.2% | $179,329,046▲1.9% | 990 |
| 2016 | $161,181,239▲2.6% | $156,614,255▲3.0% | $120,406,092▲5.5% | $176,071,173▲3.3% | 990 |
| 2015 | $157,041,740▲5.1% | $152,059,076▲5.6% | $114,080,884▲2.3% | $170,499,192▼0.6% | 990 |
| 2014 | $149,360,355▼2.4% | $143,937,949▼2.0% | $111,505,069▲6.1% | $171,604,305▲2.7% | 990 |
| 2013 | $152,997,746 | $146,943,768▼2.4% | $105,045,471▲7.1% | $167,099,037▲2.6% | 990 |
| 2012 | — | $150,510,130▲10.3% | $98,048,520▲2.3% | $162,816,306▲13.2% | 990 |
| 2011 | — | $136,458,854▲0.3% | $95,811,236▲6.9% | $143,879,907▲4.9% | 990 |
| 2010 | — | $136,097,757 | $89,619,830 | $137,193,356 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: James Head — $1,223,538 (0.41% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| James Head | Physician | 40 | $1,223,538 |
| Bryan Head | Physician | 40 | $1,059,649 |
| James Howell | Physician | 40 | $1,056,506 |
| Harry Scott Smith | Physician | 40 | $1,019,133 |
| Grant Bennett | Physician | 40 | $909,718 |
| Darren Freeman | System Medical Director | 39 | $601,474 |
| T Michael Stanton | Board Member / Physician | 38 | $427,282 |
| William Pack | Chief Financial Officer | 38 | $361,600 |
| Amanda Irby | Cno Started 09/22/2024 | 39 | $195,894 |
| Thad Wayne Hardin Jr | Board Member | 1 | $28,132 |
| Andrew Axley Cole - Thru 12312023 | Board Member | 0 | $21,147 |
| Gena Ester | Board Member | 1 | $1,642 |
| Bryan Bruich | Board Member | 1 | $1,378 |
| Tom Poe | Board Member | 1 | $1,079 |
| Jeff Standridge | Board Member | 1 | $1,071 |
| Matthew Troup | Chief Executive Officer | 38 | $793 |
| Alan Wayne Cox | Board Member | 1 | $720 |
| Susan Gatto | Board Member | 1 | $636 |
| April Kranz | Chief Nursing Officer Through 02/26/2024 | 39 | — |
| Jeremy Riddle | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| St Vincent Infirmary Medical | Management Services | $6,813,545 |
| Ascend Technologies LLC | It Services | $2,446,493 |
| Mayo Collaborative Services Inc | Lab Services | $2,410,690 |
| Conway Anesthesiology Consultants | Medical Services | $1,759,176 |
| Weatherby Healthcare | Physician Coverage | $1,598,839 |
Grants made · $523K in FY2024
11 grants totaling $523K in FY2024. All grants made by Conway Regional Medical Center Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| University of Arkansas Foundation Inc | Community support | $199,112 |
| Conway Regional Health Foundation Inc | General support | $130,545 |
| Conway Area Chamber of Commerce | Community support | $112,845 |
| Conway Public Schools Foundation Inc | Community health improvement | $37,950 |
| Greenbrier School District | Community health improvement | $8,000 |
| United Way of Central Arkansas Inc | Community health improvement | $8,000 |
| Greenbrier Chamber of Commerce | Community support | $6,500 |
| Conway Christian School | Community health improvement | $5,000 |
| Pine Street Backpack Program | Community support | $5,000 |
| Toad Suck Daze Inc | Community support | $5,000 |
| Kiwanis Club of Conway Arkansas | Community health improvement | $5,000 |
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Compare Conway Regional Medical Center Inc
Frequently asked questions
- Is Conway Regional Medical Center Inc a legitimate nonprofit?
- Yes. Conway Regional Medical Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 71-0249735, based in Conway, Arkansas. Donations are tax-deductible.
- What is Conway Regional Medical Center Inc's EIN?
- Conway Regional Medical Center Inc's Employer Identification Number (EIN) is 71-0249735.
- How much revenue does Conway Regional Medical Center Inc report?
- Conway Regional Medical Center Inc reported $295,742,492 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Conway Regional Medical Center Inc's spending goes to programs?
- Conway Regional Medical Center Inc spends about 78% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Conway Regional Medical Center Inc have?
- CharityIndex grades Conway Regional Medical Center Inc A, based on program efficiency and fundraising cost.
- How much does Conway Regional Medical Center Inc's highest-paid employee make?
- The highest reported compensation on Conway Regional Medical Center Inc's latest Form 990 is $1,223,538, paid to James Head (Physician).
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Data for Conway Regional Medical Center Inc (EIN 71-0249735) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.