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Conway Regional Medical Center Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 710249735 ✦ Conway, AR ✦ Designated as a 501(c)(3)

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Overview

What is Conway Regional Medical Center Inc?

Conway Regional Medical Center Inc, located at 2303 College Avenue, Conway, AR 72034, is a nonprofit organization dedicated to providing comprehensive healthcare services to individuals, regardless of race, creed, sex, national origin, or their ability to pay. With a mission rooted in community accountability, the medical center offers a range of patient care services including inpatient, outpatient, geriatric, psychiatric, cardiac, and emergency care. The organization's 2149 employees are committed to delivering high-quality, compassionate healthcare to patients in Conway and its surrounding areas. In accordance with its mission, the medical center also provides free and discounted care to patients who meet its charity care policy.


Official website here: www.conwayregional.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Conway Regional Medical Center Inc has achieved an impressive 96% rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization has received a Four-Star rating, which indicates a high level of transparency and sound financial practices, essential for building trust with donors and stakeholders.

The nonprofit demonstrates several organizational strengths, including a majority independent board, which enhances governance effectiveness. With a program expense ratio of 78.69%, a significant portion of their budget is directed toward programs, indicating a focus on their mission and community service. Additionally, the organization has established comprehensive policies, such as a conflict of interest policy and a whistleblower policy, ensuring ethical operations.

While the data does not highlight any notable limitations, the overall high scores in various financial metrics suggest a well-managed entity. The absence of material diversions of assets and a favorable liabilities to assets ratio further reinforce its financial stability and commitment to responsible stewardship of resources.


This AI summary has been generated from information found on Charity Navigator.

Is Conway Regional Medical Center Inc legitimate?

Conway Regional Medical Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Conway Regional Medical Center Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $490,475
Professional Fundraising Fees: $0
Other Salaries and Wages: $113,072,921

For more financial information, click here


Official website here: www.conwayregional.org

What is the mission statement of Conway Regional Medical Center Inc?

Conway Regional Medical Center Inc is dedicated to delivering top-notch, compassionate healthcare services to individuals within the community. Their mission is centered around accountability to ensure the provision of quality healthcare to all, regardless of race, creed, sex, national origin, or ability to pay. The medical center offers a range of healthcare services including inpatient, outpatient, geriatric, psychiatric, cardiac, and emergency care. Furthermore, Conway Regional Medical Center provides free and discounted care to eligible patients, adhering to its charitable care policy.


Official website here: www.conwayregional.org

Who is the CEO of Conway Regional Medical Center Inc?

Matthew Troup is the Chief Executive Officer of Conway Regional Medical Center Inc. The CEO's salary of Conway Regional Medical Center Inc is $765 and their total compensation is $765.


Official website here: www.conwayregional.org

What is the revenue of Conway Regional Medical Center Inc?

Conway Regional Medical Center Inc's revenue in 2022 was $261,652,035.


Official website here: www.conwayregional.org

Who are the executives of Conway Regional Medical Center Inc and what are their salaries?

The average compensation at Conway Regional Medical Center Inc during 2022 was $52,845. There are 2149 employees and 66 volunteers at Conway Regional Medical Center Inc.


Here are 22 key members and their salaries (Conway Regional Medical Center Inc's CEO's salary is $765 and their total compensation is $765):


James Head Md (Physician)
  • Compensation: $1,182,384
  • Related: $0
  • Other: $50,236
Owen Maat Md (Physician)
  • Compensation: $1,082,662
  • Related: $0
  • Other: $48,433
James Howell Md (Physician)
  • Compensation: $1,075,274
  • Related: $0
  • Other: $50,236
Harry Smith Md (Physician)
  • Compensation: $978,468
  • Related: $0
  • Other: $49,222
Brock King Md (Physician)
  • Compensation: $842,669
  • Related: $0
  • Other: $48,912
Bill Pack (Cfo Starting 8/29/2022)
  • Compensation: $284,509
  • Related: $0
  • Other: $1,431
Alan Finley (Chief Operating Officer)
  • Compensation: $119,864
  • Related: $0
  • Other: $14,109
Thad Hardin Md (Board Member)
  • Compensation: $36,777
  • Related: $0
  • Other: $0
Andrew Cole Md (Board Member)
  • Compensation: $28,761
  • Related: $0
  • Other: $0
Cornell Maltbia (Board Member)
  • Compensation: $1,261
  • Related: $0
  • Other: $0
Bryan Bruich (Board Member)
  • Compensation: $1,177
  • Related: $0
  • Other: $0
Gena Ester (Board Member)
  • Compensation: $792
  • Related: $0
  • Other: $0
Matthew Troup (Chief Executive Officer)
  • Compensation: $765
  • Related: $0
  • Other: $0
Tom Poe (Board Member)
  • Compensation: $443
  • Related: $0
  • Other: $0
Troy Brooks (Cfo Through 6/17/2022)
  • Compensation: $325
  • Related: $0
  • Other: $0
Jeff Standridge (Board Member)
  • Compensation: $177
  • Related: $0
  • Other: $0
Wayne Cox (Board Member)
  • Compensation: $84
  • Related: $0
  • Other: $0
Andrea Woodsjd (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Williams Phd Rn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Rankin Jr Jd (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Gatto (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angie Longing Rn (Chief Nursing Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.conwayregional.org

Where can I find the form 990 for Conway Regional Medical Center Inc?

Conway Regional Medical Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.conwayregional.org

Learn more at the official website: www.conwayregional.org

Mission Statement of Conway Regional Medical Center Inc

Conway Regional Medical Center, a leading healthcare provider, is committed to delivering top-notch, compassionate healthcare services to individuals in the community. Its mission is to be accountable to the public by providing high-quality care that prioritizes the well-being of its patients, regardless of race, creed, sex, national origin, or ability to pay.

Going beyond the mere provision of healthcare services, Conway Regional Medical Center extends a helping hand to those in need by offering free and discounted care to eligible patients as per its charitable care policy. The medical center provides a comprehensive range of healthcare services, including inpatient and outpatient care, geriatric services, psychiatric care, cardiac services, and emergency care. By ensuring that everyone has access to the healthcare they need, Conway Regional Medical Center fosters a healthier and stronger community.

The dedication of Conway Regional Medical Center to its mission is reflected in its day-to-day operations. It strives to make a positive difference in the lives of its patients by offering them the best possible care and ensuring that they feel supported and valued throughout their healthcare journey. By adhering to its mission, Conway Regional Medical Center has built a reputation as a trusted and compassionate healthcare provider, making a meaningful impact on the lives of countless individuals.

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Impact




October, 2024

Conway Regional Medical Center Inc significantly impacts the health and well-being of individuals in Conway and surrounding areas by offering a wide range of inpatient, outpatient, geriatric, psychiatric, cardiac, and emergency care services. The center ensures access to comprehensive healthcare for all individuals, regardless of race, creed, sex, national origin, or ability to pay.

By adhering to its mission of accountability to the community, Conway Regional Medical Center not only delivers high-quality and compassionate healthcare but also addresses the needs of underserved populations through its charity care policy, which provides free and discounted services to eligible patients. This commitment enhances overall community health outcomes, fosters a more inclusive healthcare environment, and strengthens the regional healthcare infrastructure.




This information is meant to be a general summary of Conway Regional Medical Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$261,652,035 (2022)
Expenses
$267,091,547 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,201,440
  • Program Service Revenue: $247,014,003
  • Gross Receipts: $261,916,127

Assets and Liabilities:

  • Total Assets: $257,912,565
  • Total Liabilities: $115,278,542
  • Net Assets: $142,634,023

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PATIENT SERVICES

Revenue

$234,007,591

340B PROGRAM REVENUE

Revenue

$4,835,570

HEALTH/FITNESS CENTER

Revenue

$2,601,104

CAFETERIA SALES

Revenue

$1,891,432

MANAGEMENT FEES

Revenue

$1,887,410

Organization Details

Founding Year

1938

Principal Officer

Matthew Troup

Main Address

2302 COLLEGE AVENUE, CONWAY, AR, 72034

NTEE Category

Code: E220 - Health

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