Overview
What is Sparks Medical Foundation?
Sparks Medical Foundation, based in Fort Smith, Arkansas, serves as a hospital-affiliated physician clinic. After selling its fixed assets and inventory to Health Management Associates (HMA) in 2009, the foundation has been working towards dissolving its operations by liquidating its patient account receivables and settling its liabilities. The foundation's primary commitment is to enhance the health and well-being of its patients and the broader community through charitable care, community benefit services, research, and community-building initiatives. The organization continues to operate under the name Fort Smith Regional Healthcare Foundation.
Is Sparks Medical Foundation legitimate?
Sparks Medical Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sparks Medical Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Sparks Medical Foundation?
The Sparks Medical Foundation is dedicated to improving the health and well-being of its patients and the broader community. This is achieved through various initiatives, including providing charity care, offering community benefit services, conducting research, and engaging in community building efforts. The organization's mission is multifaceted, encompassing not only the care of its patients but also contributing positively to the community at large. Despite having sold its fixed assets and inventory, the foundation continues to unwind its old business by liquidating patient accounts receivable and settling liabilities. Upon completion of these objectives, the foundation is expected to dissolve.
Who is the CEO of Sparks Medical Foundation?
Thomas H Webb Jr is the Chairman of Sparks Medical Foundation.
What is the revenue of Sparks Medical Foundation?
Sparks Medical Foundation's revenue in 2021 was $0.
Who are the executives of Sparks Medical Foundation and what are their salaries?
There 5 volunteers at Sparks Medical Foundation.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Sparks Medical Foundation?
Sparks Medical Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Sparks Medical Foundation
Sparks Medical Foundation, a hospital-based physician clinic, is committed to enhancing the health and well-being of its patients and the broader community. This is achieved through various initiatives, including charity care, community benefit services, research, and community-building efforts. The organization's mission is multifaceted, aiming to improve the lives of its patients and contribute positively to the community at large.
In practice, Sparks Medical Foundation extends its reach beyond its patient base by providing charitable care to those in need. Furthermore, it engages in community benefit services, offering support and resources that benefit the local community beyond its clinical operations. The foundation also invests in research, seeking to advance medical knowledge and contribute to the broader field of healthcare. Lastly, Sparks Medical Foundation is involved in community-building efforts, working to improve the overall health and well-being of its community.
At its core, Sparks Medical Foundation is dedicated to making a positive impact on the lives of its patients and the community as a whole. Through its diverse range of initiatives, it strives to improve health outcomes, support those in need, and contribute to the advancement of medical knowledge. As it continues to unwind its old business operations, the foundation remains committed to its mission, working towards its ultimate goal of dissolution once its objectives have been accomplished.
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Impact
October, 2024
Sparks Medical Foundation actively contributes to improving health outcomes in the Fort Smith community through a variety of services aimed at making life healthier for both patients and the broader population. Its impact includes providing charity care, which ensures access to essential medical services for those in need, and implementing community benefit initiatives that address health disparities and promote wellness.
Additionally, the foundation engages in research and community-building efforts that foster collaboration and innovation in healthcare delivery. This holistic approach not only enhances individual health but also strengthens community ties and encourages a healthier environment for everyone.
As Sparks Medical Foundation continues its operations, it focuses on liquidating its accounts receivable and addressing existing liabilities, ultimately preparing for an efficient transition to fulfill its mission of health improvement before concluding its activities. Through these efforts, the foundation leaves a lasting legacy of care and commitment to the residents of Fort Smith.
This information is meant to be a general summary of Sparks Medical Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1999
Phone
(479) 308-2243Principal Officer
Thomas H Webb Jr
Main Address
P O BOX 10366, FORT SMITH, AR, 72917
NTEE Category
Code: E30 - Health
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