2026-02-17T14:47:07-06:00 2025-04-30 560570567 DMJPS PLLC 79 WOODFIN PLACE SUITE 300 ASHEVILLE NC 28801 990 2024-05-01 560986537 HOT SPRINGS HEALTH PROGRAM HOTS 8286499566 PO BOX 69-590 MEDICAL PARK DR MARSHALL NC 287530069 JOE ROCKENSTEIN EXECUTIVE DIRECTOR 8286493786 2026-02-17 1 0 DORINDA Y BENNETT CPA P01387673 8282542374 2026-02-17 2024 2025-03-06 01:10:19Z JOE ROCKENSTEIN 590 MEDICAL PARK DRIVE MARSHALL NC 28753 16510884 0 X WWW.HOTSPRINGSHEALTH-NC.ORG X 1971 NC SERVING THE PRIMARY HEALTH CARE NEEDS OF THE PEOPLE OF MADISON COUNTY AND SURROUNDING AREAS THROUGH AN ORGANIZATION ORIENTED TO AND DIRECTED BY THE COMMUNITY. 10 10 155 10 0 0 947146 1710719 13378912 14680607 132317 51643 147102 67915 14605477 16510884 896 5352 0 0 10130387 10756408 0 0 22074 4787065 5648805 14918348 16410565 -312871 100319 10376418 10438010 3991014 3952287 6385404 6485723 SERVING THE PRIMARY HEALTH CARE NEEDS OF THE PEOPLE OF MADISON COUNTY AND SURROUNDING AREAS THROUGH AN ORGANIZATION ORIENTED TO AND DIRECTED BY THE COMMUNITY. 0 0 14527302 5352 14748522 THE PROGRAM IS A FEDERALLY QUALIFIED HEALTH CARE LOOK-ALIKE, WHICH PROVIDES MEDICAL CARE TO CITIZENS OF MADISON COUNTY, NC THROUGH FOUR CLINICS, HOME HEALTH CARE AND OTHER SERVICES, INCLUDING 35,510 PATIENT VISITS AND 2,203 NURSING HOME VISITS; PHARMACY SERVICES, FILLING 94,584 PRESCRIPTIONS; AND HOME CARE AND HOSPICE SERVICES, INCLUDING 6,664 VISITS TO PATIENTS IN THEIR HOMES. THE ORGANIZATION CONSISTS OF 7 SEPARATE HEALTH CARE FACILITIES INCLUDING MASHBURN MEDICAL CENTER, HOT SPRINGS MEDICAL CENTER, MARS HILL MEDICAL CENTER, LAUREL MEDICAL CENTER, MADISON HOME CARE, HOSPICE OF MADISON AND HOT SPRINGS HEALTH PROGRAM OUTPATIENT SERVICES. 14527302 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 155 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X X TERESA STROM 8286499566 590 MEDICAL PARK DRIVE MARSHALL NC 28753 JUDY MAJOR BOARD MEMBER 1.00 X 0 0 0 ROSS YOUNG BOARD MEMBER 1.00 X 0 0 0 DON MATHIS BOARD MEMBER 1.00 X 0 0 0 GERALD CODY BOARD MEMBER 1.00 X 0 0 0 LARRY BURDA CHAIR (PAST) 1.00 X X 0 0 0 GRAINGER CAUDLE CO-CHAIR 1.00 X X 0 0 0 KAREN CUTSHALL CO-CHAIR 1.00 X X 0 0 0 SIDNEY MASHBURN TREASURER AND SECRETARY 1.00 X X 0 0 0 ANDREA YONTZ BOARD MEMBER 1.00 X 0 0 0 ROBERT ZIMMERMAN BOARD MEMBER 1.00 X 0 0 0 ARTHUR BROWNING BOARD MEMBER 1.00 X 0 0 0 TERESA STROM EXECUTIVE DIRECTOR 40.00 X 127226 0 2908 PAM GREGG ASSOCIATE DIRECTOR 40.00 X 100421 0 16802 LEN JONES FINANCE DIRECTOR 40.00 X 124654 0 2884 JOE ROCKENSTEIN EXECUTIVE DIRECTOR 40.00 X 0 0 0 FRIELDEN JONES MEDICAL DIRECTOR 40.00 X 296290 0 31641 BILLY PENCE DOCTOR 40.00 X 214186 0 28492 ANDREW SHELTON DOCTOR 40.00 X 272964 0 44653 CLAIRE ZEORLIN DOCTOR 40.00 X 214013 0 3779 CURRY JONES DOCTOR 40.00 X 206916 0 43991 KENYA JOHNSON PHYSICIAN ASSISTANT 40.00 X 191630 0 3552 1748300 0 178702 23 0 1 0 0 642035 1068684 1710719 PATIENT REVENUE 624100 14348506 14348506 CONTRACT SERVICES 623000 332101 332101 14680607 49444 49444 5004 0 5004 5004 5004 2199 0 2199 2199 2199 CAROLINA MEDICAL HOME NETWORK 561499 62911 62911 62911 16510884 14748522 0 51643 5352 5352 735409 335582 399827 7956336 7434639 521697 191822 177557 14265 1260554 1162102 98452 612287 545899 66388 500 500 131921 131921 248344 248344 58367 48245 10122 7122 3604 3518 578420 470357 108063 113945 62769 51176 135741 101675 34066 82992 78833 4159 421846 388982 32864 174617 87646 86971 SUPPLIES 3256596 3199825 56771 MISCELLANEOUS 111301 6329 104972 MAINTENANCE AND REPAIRS 79970 52000 27970 TELEPHONE 77252 33267 43985 169871 84295 63502 22074 16410565 14527302 1861189 22074 2203282 3361454 1100000 1394185 1593744 2041 236124 295345 25072 105374 10020694 5237462 5180687 4783232 235027 298861 10376418 10438010 866081 942481 2383221 2326190 741712 683616 3991014 3952287 X 6385404 6485723 6385404 6485723 10376418 10438010 100319 0 X X 0 1 X 1 0 X 2615339 2404662 3277968 947146 1710719 10955834 2615339 2404662 3277968 947146 1710719 10955834 10955834 5886 92571 121140 279474 117359 616430 11572264 62386641 0.94670 0.94230 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 480503 480503 6770408 2823150 3947258 120247 119875 372 2649536 2294437 355099 4783232 COMPENSATED ABSENCES 576550 SHORT TERM LEASE LIABILITY 27193 LONG TERM LEASE LIABILITY 79873 683616 X 16393478 0 16393478 117406 117406 16510884 16356995 0 16356995 53570 53570 16410565 PART X, LINE 2: THE PROGRAM IS AN ORGANIZATION EXEMPT FROM INCOME TAXES AS DEFINED IN INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. IT IS THE PROGRAM'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN, AND WHAT, IF ANY, EFFECT THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR THE 2024 OR 2023 TAX YEARS. CURRENTLY, THE STATUTE OF LIMITATIONS REMAINS OPEN SUBSEQUENT TO AND INCLUDING TAX YEAR 2021; HOWEVER, NO EXAMINATIONS ARE IN PROCESS OR ANTICIPATED. ANY CHANGES IN THE AMOUNT OF A TAX POSITION WILL BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS. PART XI, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT 53,570. INVESTMENT IN LLC AND ACO - BOOK/TAX DIFFERENCE 63,834. ROUNDING 2. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT 53,570. 1 PATIENT RESOURCES 78 5352 MEDICAL SERVICES X 0 0 0 0 0 0 0 0 0 FRIELDEN JONES MEDICAL DIRECTOR 296290 0 0 0 0 0 3018 0 28623 0 327931 0 0 0 ANDREW SHELTON DOCTOR 272964 0 0 0 0 0 2799 0 41854 0 317617 0 0 0 CURRY JONES DOCTOR 206916 0 0 0 0 0 2138 0 41853 0 250907 0 0 0 BILLY PENCE DOCTOR 214186 0 0 0 0 0 0 0 28492 0 242678 0 0 0 CLAIRE ZEORLIN DOCTOR 214013 0 0 0 0 0 2143 0 1636 0 217792 0 0 0 KENYA JOHNSON PHYSICIAN ASSISTANT 191630 0 0 0 0 0 1916 0 1636 0 195182 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND SIGNED BY THE EXECUTIVE DIRECTOR, REVIEWED BY THE BOARD CHAIRPERSON, AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C A BOARD MEMBER WHO IS A CPA REVIEWS FINANCIAL TRANSACTIONS AND INTERNALLY PREPARED FINANCIAL STATEMENTS TO ENSURE COMPLIANCE WITH POLICIES SET FORTH BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 BOARD OF DIRECTORS ESTABLISHES COMPENSATION FOR EXECUTIVE DIRECTOR USING STATE AND NATIONAL DATA FOR DIRECTORS OF SIMILAR ORGANIZATIONS. ALL OTHER MANAGEMENT POSITION SALARIES ARE DETERMINED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR.