2025-11-13T20:13:46+00:00 2024-12-31 440160260 Forvis Mazars LLP 120 E Palmetto Park Road Suite 403 Boca Raton FL 33432 990 2024-01-01 710664683 Washington Regional Medical Services WASH 4794631120 3215 NORTHHILLS BLVD FAYETTEVILLE AR 72703 DJ BURROWS VP OF FINANCE 2025-11-14 true April Arnold P01559426 5612991820 2025-11-14 2024 2025-03-06 01:10:19Z LARRY SHACKELFORD 3215 NORTHHILLS BLVD FAYETTEVILLE AR 72703 3763469 false X N/A X 1988 AR THE ORGANIZATION OWNS REAL ESTATE AND DEVELOPS AND MANAGES HEALTHCARE FACILITIES AND SERVICES THAT SUPPORT THE MISSION OF WASHINGTON REGIONAL MEDICAL CENTER. 9 8 0 8 0 0 3109351 3763379 109 90 0 3109460 3763469 0 0 0 0 0 1597169 1639706 1597169 1639706 1512291 2123763 44251243 43871914 3167372 2939125 41083871 40932789 THE ORGANIZATION IS A SUPPORTING ORGANIZATION OF WASHINGTON REGIONAL MEDICAL CENTER, AN INTERNAL REVENUE CODE SECTION 509(A)(1) PUBLIC CHARITY THAT OPERATES A HOSPITAL AS DEFINED IN IRC SECTION 170(B)(1)(A)(III). THE ORGANIZATION OWNS REAL ESTATE AND DEVELOPS AND MANAGES HEALTHCARE (CONTINUED ON SCHEDULE O) false false 1639706 0 3763379 THE ORGANIZATION OWNS REAL ESTATE AND DEVELOPS AND MANAGES HEALTHCARE FACILITIES AND SERVICES THAT SUPPORT THE MISSION OF WASHINGTON REGIONAL MEDICAL CENTER 1639706 true false false false false false false false false false true false true false false false false true false false false false false false false false false false false true true false false false false false false false false false false false false false false true true true true false false true 0 0 0 false false false false false false false false false false false false X 9 8 false false false false true true true true true false false false true true true true true true true true true true AR X DENNIS BURROWS 4794631120 3215 N NORTHHILLS BLVD FAYETTEVILLE AR 72703 BROCK GEARHART CHAIRMAN 1.0 2.0 X X 0 0 0 M GARETH ECK VICE CHAIR 1.0 41.0 X X 0 91465 16543 MARSHALL SAVIERS SECRETARY 1.0 2.0 X X 0 0 0 ANNE O'LEARY-KELLY DIRECTOR 1.0 2.0 X 0 0 0 BRITTON LOTT DIRECTOR 1.0 2.0 X 0 0 0 DREW ROGERS DIRECTOR 1.0 2.0 X 0 0 0 GREG W LEE DIRECTOR 1.0 2.0 X 0 0 0 NEAL PENDERGRAFT DIRECTOR 1.0 2.0 X 0 0 0 STACY HANBY DIRECTOR 1.0 3.0 X 0 0 0 DENNIS BURROWS VP OF FINANCE 1.0 43.0 X 0 171275 30523 LARRY SHACKELFORD PRESIDENT & CEO 1.0 43.0 X 0 933355 34269 THOMAS OLMSTEAD SVP & GENERAL COUNSEL 1.0 43.0 X 0 537187 39350 0 1733282 120685 0 false true false 0 0 MOB RENTAL INCOME 531120 2937588 2937588 GAIN ON EQUITY INVESTEES 531120 825791 825791 0 0 0 0 3763379 90 90 0 0 0 0 0 0 0 0 0 3763469 3763379 0 90 13270 13270 0 0 192961 192961 135949 135949 1178345 1178345 23654 23654 DUES & SUBSCRIPTIONS 95527 95527 0 0 0 0 1639706 1639706 0 0 0 0 0 0 0 0 0 17389 18788 54613654 14291693 41143033 40321961 0 3082694 3524646 8127 6519 44251243 43871914 34451 16368 3132921 2922757 0 0 0 0 3167372 2939125 X 41083871 40932789 41083871 40932789 44251243 43871914 X 2123763 -2274845 X false true true false X X 1 WASHINGTON REGIONAL MEDICAL CENTER 710664687 3 true 2274845 0 1 2274845 0 true false false false false false false false false false false false false false false true true true X true true Schedule A, Part IV, Section D, Line 3 Supp. Org. Have Significant Voice In Investment Policies A MAJORITY OF THE ORGANIZATION'S BOARD OF DIRECTORS MUST BE MEMBERS OF THE BOARD OF DIRECTORS OF WASHINGTON REGIONAL MEDICAL CENTER - THE SUPPORTED ORGANIZATION. THE ORGANIZATION'S BOARD OF DIRECTORS HAS AN AUDIT & FINANCE COMMITTEE AND HAS, AS ONE OF ITS MANY FUNCTIONS, OVERSIGHT AND DIRECTION OF INVESTMENTS, OPERATING AND CAPITAL BUDGETS, AND POLICIES OF THE ORGANIZATION. AS THE MEMBERS OF THIS COMMITTEE ARE ALSO BOARD MEMBERS OF THE SUPPORTED ORGANIZATION, THE POLICIES AND DIRECTIVES OF THE AUDIT & FINANCE COMMITTEE CONCERNING INVESTMENT OF ORGANIZATIONAL FUNDS IN FURTHERANCE OF THE SUPPORTED ORGANIZATION'S CHARITABLE MISSION IS ASSURED. Schedule A, Part IV, Section E, Line 2a Org. Activities Directly Further The Exempt Purposes THE SUPPORTED ORGANIZATION IS WASHINGTON REGIONAL MEDICAL CENTER, A SECTION 509(A)(1) PUBLIC CHARITY THAT OPERATES A HOSPITAL AS DEFINED IN SECTION 170(B)(1)(A)(III). THE ORGANIZATION OWNS REAL ESTATE THROUGH WHICH HEALTHCARE ACTIVITIES THAT FURTHER THE CHARITABLE MISSION OF WASHINGTON REGIONAL MEDICAL CENTER ARE CONDUCTED. SUCH ACTIVITIES INCLUDE LABORATORY, CARDIOLOGY, CARDIOVASCULAR SERVICES, AND BUSINESS SERVICES. Schedule A, Part IV, Section E, Line 2b Activities That One Or More Supp. Org. Engaged In THE SUPPORTED ORGANIZATION IS WASHINGTON REGIONAL MEDICAL CENTER, A SECTION 509(A)(1) PUBLIC CHARITY THAT OPERATES A HOSPITAL AS DEFINED IN SECTION 170(B)(1)(A)(III). THE ORGANIZATION OWNS REAL ESTATE THROUGH WHICH HEALTHCARE ACTIVITIES THAT FURTHER THE CHARITABLE MISSION OF WASHINGTON REGIONAL MEDICAL CENTER ARE CONDUCTED. SUCH ACTIVITIES INCLUDE LABORATORY, CARDIOLOGY, CARDIOVASCULAR SERVICES, AND BUSINESS SERVICES. IN THE EVENT THAT THE ORGANIZATION DID NOT PROVIDE SERVICES TO THE SUPPORTED ORGANIZATION, THE SUPPORTED ORGANIZATION WOULD BE REQUIRED TO ACQUIRE/CONSTRUCT AND FINANCE SAID REAL ESTATE. 19913282 19913282 33038967 13142827 19896140 996306 652608 343698 665099 496258 168841 40321961 INVESTMENT IN WR-NWAHV LLC 811226 C INVESTMENT IN FOUNTAIN PLAZA 423201 C INVESTMENT IN JOHNSON MOB 422592 C INVESTMENT IN URGENT TEAM JV 1867627 C 3524646 0 0 0 0 0 0 0 0 0 0 0 0 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 UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. X X X X false true false false false false false false false DENNIS BURROWS VP OF FINANCE 0 170985 0 0 0 290 0 7231 0 23292 0 201798 0 0 THOMAS OLMSTEAD SVP & GENERAL COUNSEL 0 457467 0 0 0 79720 0 13800 0 25550 0 576537 0 0 LARRY SHACKELFORD PRESIDENT & CEO 0 762735 0 0 0 170620 0 13800 0 20469 0 967624 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation WASHINGTON REGIONAL MEDICAL CENTER A RELATED ORGANIZATION, USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND APPROVAL OF THE BOARD TO ESTABLISH COMPENSATION OF THE CEO. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE FOLLOWING INDIVIDUALS HAD VESTED AMOUNTS FROM THE 457(F) PLAN FOR 2024: THOMAS J OLMSTEAD - $76,070 LARRY SHACKELFORD - $163,929 A ARKANSAS DEVELOPMENT FINANCE AUTHORITY 710503641 2017-06-30 4360000 CONSTRUCTION OF HEALTHCARE FACILITY false false false A 1417000 0 4360000 0 0 0 78360 0 0 4281640 0 0 2018 false false true true A false false false false false false 0.0 0.0 0.0 false false 0 false true A false false false true false false 0 false false false 0 false false true A true Schedule K, Part IV, Line 2c COLUMN A Issuer name: ARKANSAS DEVELOPMENT FINANCE AUTHORITY The calculation for computing no rebate due was performed on 12/27/2022 Form 990, Part III, Line 1 ORGANIZATION'S MISSION FACILITIES AND SERVICES THAT SUPPORT THE MISSION OF WASHINGTON REGIONAL MEDICAL CENTER TO IMPROVE THE HEALTH OF THE CITIZENS OF NORTHWEST ARKANSAS THROUGH THE PROVISION OF HIGH-QUALITY MEDICAL CARE, DISEASE PREVENTION PROGRAMS, AND WELLNESS EDUCATION. Form 990, Part VI, Line 15a &15B PROCESS TO ESTABLISH COMPENSATION OFFICERS OF THE ORGANIZATION ARE COMPENSATED FOR THEIR SERVICES ON BEHALF OF THE ORGANIZATION BY A RELATED ORGANIZATION (WASHINGTON REGIONAL MEDICAL CENTER). THE BOARD OF DIRECTORS OF THE MEMBER ORGANIZATION HAS A STANDING COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS OF THE MEMBER ORGANIZATION THAT REGULARLY REVIEW THE PERFORMANCE OF THE MEMBERS OF SENIOR MANAGEMENT OF THE ORGANIZATION, ENGAGE INDEPENDENT COMPENSATION CONSULTANT, TAX AND LEGAL ADVISORS TO ASCERTAIN AND OPINE AS TO THE REASONABLENESS OF TOTAL COMPENSATION PAID TO MEMBERS OF SENIOR MANAGEMENT, AS DETERMINED ON THE BASIS OF COMPENSATION SURVEYS PREPARED BY SUCH ADVISORS, AND WHO DETERMINE THE TOTAL COMPENSATION PAID MEMBERS OF SENIOR MANAGEMENT OF THE ORGANIZATION IN CONFORMANCE WITH THE REBUTTABLE PRESUMPTION REQUIREMENTS OF SECTION 4958 OF THE INTERNAL REVENUE CODE. Form 990, Part VI, Line 6 Classes of members or stockholders WASHINGTON REGIONAL MEDICAL SYSTEM IS THE SOLE MEMBER OF THE ORGANIZATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE ORGANIZATION HAS A MEMBER WHO IS AUTHORIZED TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY AS PERMITTED UNDER THE ARKANSAS NONPROFIT CORPORATION ACT OF 1993. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE MEMBER OF THE ORGANIZATION HAS THE RIGHT TO APPROVE CERTAIN ACTIONS OF THE ORGANIZATION'S GOVERNING BODY AS ARE RESERVED TO THE MEMBER UNDER THE ARKANSAS NONPROFIT CORPORATION ACT OF 1993. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND THEN REVIEWED BY MANAGEMENT. AT A DULY CALLED MEETING OF THE ORGANIZATION'S AUDIT AND FINANCE COMMITTEE, WHICH IS COMPRISED OF THE ORGANIZATION'S BOARD OF DIRECTORS, COPIES OF THE PROPOSED FORM 990 FILING PREPARED ON BEHALF OF THE ORGANIZATION WERE PRESENTED AND REVIEWED WITH THE BOARD MEMBERSHIP BY THE ORGANIZATION'S VP OF FINANCE AND GENERAL COUNSEL. Form 990, Part VI, Line 12c Conflict of interest policy THE TERMS OF THE CONFLICT OF INTEREST POLICY ARE INCORPORATED WITHIN THE BYLAWS OF THE ORGANIZATION AND ARE REVIEWED ANNUALLY WITH THE BOARD OF DIRECTORS, EACH OF WHOM ARE REQUIRED TO SIGN AN ACKNOWLEDGMENT THAT THEY HAVE REVIEWED THE POLICY AND ARE AWARE OF ITS TERMS. THE POLICY IS ALSO REVIEWED IN DETAIL AT THE TIME OF NEW BOARD MEMBER ORIENTATION. AS POTENTIAL CONFLICTS ARISE, THOSE CONFLICTS ARE ADDRESSED PURSUANT TO THE POLICY. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S FORM 990 FILING, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND CERTAIN FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances TRANSFER TO AFFILIATE - -2274845; Total - -2274845; CLINIC INVESTMENTS LLC 300 N COLLEGE AVE FAYETTEVILLE AR 72701 471340307 MEDICAL R/E AR 0 231700 WASHINGTON REGIONAL MEDICAL SERVICES WASHINGTON REGIONAL URGENT CARE LLC 3215 N NORTHHILLS BLVD FAYETEVILLE AR 72703 842154116 MEDICAL INV AR 386608 1872196 WASHINGTON REGIONAL MEDICAL SERVICES WASHINGTON REGIONAL MEDICAL SYSTEM 3215 N NORTHHILLS BLVD FAYETTEVILLE AR 72703 710664686 PHYSICIAN CLINIC AR 501(c)(3) Type II NA false WASHINGTON REGIONAL MEDICAL CENTER 3215 N NORTHHILLS BLVD FAYETTEVILLE AR 72703 710664687 HOSPITAL AR 501(c)(3) 3 WRMS true WASHINGTON REGIONAL MEDICORP 3215 N NORTHHILLS BLVD FAYETTEVILLE AR 72703 710707450 PACE AR 501(c)(3) 10 WRMS true WASHINGTON REGIONAL FOUNDATION 3215 N NORTHHILLS BLVD FAYETTEVILLE AR 72703 710664685 FUNDRAISING AR 501(c)(3) Type III-FI WRMS true EUREKA REGIONAL HEALTH 3215 N NORTHHILLS BLVD FAYETTEVILLE AR 72703 710769450 MEDICAL R/E AR 501(c)(3) 3 WRMS true DIALYSIS CENTER OF NORTHWEST ARKANSAS 107 E MONTE PAINTER DR FAYETTEVILLE AR 72703 432074310 RENAL DIALYSIS AR NA N/A NWA PACE MANAGEMENT LLC 3215 N NORTHHILLS BLVD FAYETTEVILLE AR 72703 812071226 SENIOR CARE AR NA N/A FOUNTAIN PLAZA MEDICAL RENTALS 3383 N MANA COURT SUITE 201 FAYETTEVILLE AR 72703 203736241 REAL ESTATE AR PLAZA HOLDINGS Related FOUNTAIN PLAZA HOLDINGS LLC 3215 N NORTHHILLS BLVD FAYETTEVILLE AR 72703 473155119 REAL ESTATE AR WR MED SERVICES Related false false 0.8 WR-NWAHV LLC 3215 N NORTHHILLS BLVD FAYETTEVILLE AR 72703 800118770 REAL ESTATE AR WR MED SERVICES Related false false 0.608 JOHNSON MOB HOLDINGS LLC 3215 N NORTHHILLS BLVD FAYETTEVILLE AR 72703 810854482 REAL ESTATE AR WR MED SERVICES Related 64292 1469343 false false 0.8 true false false false false true false false false true false false false false false false false false true WR-NWAHV LLC A 64607 COST WR-NWAHV LLC S 304000 Cash DIALYSIS CENTERS OF NW ARKANSAS LLC J 292000 COST WASHINGTON REGIONAL MEDICAL CENTER J 763000 COST