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Appalachian Regional Medical Associates

Boone, NC · EIN 20-5755130 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Appalachian Regional Medical Associates reported $32.5 million in revenue and $53.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.99 went to program services, $8.01 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.9% of the total. The highest compensation it reported for one person was $1,180,817 (CEO (thru 12/31/2024)). Revenue rose 23% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $53M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $32M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
92.0%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
8.0%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.2%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
97.9%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,180,817$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.22%1.34%
People paid over $100,000
Part VII, line 2
027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-19.86.6
Independent voting board members
Part VI 1a–1b
4 of 888.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$49M expenses · 100.0% of program spending · revenue $32M

Appalachian Regional Medical Associates (arma) assists in providing access to healthcare services for the residents of watauga and avery counties in nc and surrounding counties. Arma provides primary care, along with a wide array of specialties to serve the needs of area residents. Specialties include cardiology, orthopaedics, ob/gyn, general surgery, urology, rheumatology, pulmonology, and family medicine. Arma also provides administrative services, electronic medical records systems, physician recruitment, and physician office management services

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO (thru 12/31/2024)
Director/trustee, officer, 1.0 hrs/week
$0$1,151,578$29,239$1,180,817
Trustee
Director/trustee, 1.0 hrs/week
$0$631,274$22,104$653,378
CFO
Director/trustee, officer, 1.0 hrs/week
$0$447,931$40,201$488,132
CEO/Chair
Director/trustee, officer, 1.0 hrs/week
$0$448,212$24,156$472,368
President
Director/trustee, officer, 1.0 hrs/week
$0$221,274$21,270$242,544

0 people received more than $100,000 in reportable compensation from Appalachian Regional Medical Associates (Part VII, line 2).

6 filings since FY2020

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpensesShort periods (after a fiscal-year change) are in the table, not the chart.
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2024FY2025$32M$53M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$32M$53M92.0%−$88M$1,180,817
FY2024 ⓘ$30M$52M92.0%−$67M$658,292
FY2023 (9 mo.) ⓘ$22M$38M91.1%−$45M$756,309
FY2022 ⓘ$31M$47M91.4%−$30M$721,844
FY2021 ⓘ$28M$43M91.6%−$14M$639,248
FY2020 ⓘ$26M$42M94.7%$1.6M$537,270

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b8 · 4 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 65

Correct a figure or respond

Every number above is copied from Appalachian Regional Medical Associates's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Appalachian Regional Medical Associates, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in North Carolina

Questions people ask

How much of Appalachian Regional Medical Associates's spending goes to programs?

In the fiscal year ending June 30, 2025, Appalachian Regional Medical Associates reported that 92.0% of its $53.1 million in expenses went to program services, 8.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Appalachian Regional Medical Associates pay its top executive?

The largest total compensation Appalachian Regional Medical Associates reported for one person in the fiscal year ending June 30, 2025 was $1,180,817, for the role of CEO (thru 12/31/2024) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Appalachian Regional Medical Associates get its money?

Of $32.5 million in revenue in the fiscal year ending June 30, 2025, 0.2% came from contributions and grants and 97.9% from program service revenue (Form 990, Part VIII).

Is Appalachian Regional Medical Associates a registered charity?

The IRS lists EIN 20-5755130 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601359349304515 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202542679349300409 · read the filing
  • FY2023 (9 mo.): Form 990 for the 9-month short period ending June 30, 2023, object 202431369349302278 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202342269349302769 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202232169349300313 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202132149349300603 · read the filing

All filings for EIN 20-5755130: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.