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Conway Regional Medical Center

Conway, AR · EIN 71-0249735 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Conway Regional Medical Center reported $295.7 million in revenue and $295.6 million in expenses for calendar year 2024. Of every $100 it spent, $77.86 went to program services, $21.95 to management and general costs and $0.19 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.4% of the total. The highest compensation it reported for one person was $1,266,394 (PHYSICIAN). 266 people received more than $100,000 in reportable compensation. Revenue rose 43% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $296M

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

Calendar year 2024 · Form 990, Part VIII · total revenue $296M

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

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
77.9%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
22.0%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.2%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.21$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.9%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.1%0.1%
Program service revenue share
Part VIII 2g ÷ 12
97.4%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,266,394$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.43%1.34%
People paid over $100,000
Part VII, line 2
26627
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
6.46.6
Independent voting board members
Part VI 1a–1b
9 of 1088.9%

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

2024 · Form 990, Part III · the three largest programs by expense
$230M expenses · 100.0% of program spending · grants $867K · revenue $287M

Conway Regional Medical Center provides comprehensive healthcare services to individuals regardless of race, creed, sex, national origin, or ability to pay. In keeping with its mission, the Medical Center provides free and discounted care to patients meeting its charity care policy

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$1,223,538$0$42,856$1,266,394
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$1,059,649$0$45,048$1,104,697
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$1,056,506$0$43,853$1,100,359
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$1,019,133$0$36,737$1,055,870
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$909,718$0$46,765$956,483
SYSTEM MEDICAL DIRECTOR
Key employee, 39.0 hrs/week
$601,474$0$45,933$647,407
BOARD MEMBER / PHYSICIAN
Director/trustee, 38.0 hrs/week
$427,282$0$42,203$469,485
CHIEF FINANCIAL OFFICER
Officer, 38.0 hrs/week
$361,600$0$25,799$387,399

266 people received more than $100,000 in reportable compensation from Conway Regional Medical Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.8M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400M201920202021202220232024$296M$296M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$296M$296M77.9%$159M$1,266,394
2023 ⓘ$260M$258M76.6%$152M$1,237,840
2022 ⓘ$262M$267M77.8%$143M$1,232,620
2021 ⓘ$254M$247M78.8%$159M$1,195,339
2020 ⓘ$216M$212M79.7%$147M$897,278
2019 ⓘ$207M$199M71.3%$142M$733,534

Governance answers, as filed

2024 · 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–1b10 · 9 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 4Yes
  • 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 52,340
  • Volunteers Part I, line 641

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
ST VINCENT INFIRMARY MEDICAL
Management services
$6,813,545
ASCEND TECHNOLOGIES LLC
It services
$2,446,493
MAYO COLLABORATIVE SERVICES INC
Lab services
$2,410,690
CONWAY ANESTHESIOLOGY CONSULTANTS
Medical services
$1,759,176
WEATHERBY HEALTHCARE
Physician coverage
$1,598,839

Individuals listed as contractors are left out. 62 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to Conway Regional Medical Center totaling $10,005 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

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

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Questions people ask

How much of Conway Regional Medical Center's spending goes to programs?

In calendar year 2024, Conway Regional Medical Center reported that 77.9% of its $295.6 million in expenses went to program services, 22.0% to management and general and 0.2% to fundraising (Form 990, Part IX).

How much does Conway Regional Medical Center pay its top executive?

The largest total compensation Conway Regional Medical Center reported for one person in calendar year 2024 was $1,266,394, for the role of PHYSICIAN (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Conway Regional Medical Center get its money?

Of $295.7 million in revenue in calendar year 2024, 0.9% came from contributions and grants (including 0.1% from government grants) and 97.4% from program service revenue (Form 990, Part VIII).

Is Conway Regional Medical Center a registered charity?

The IRS lists EIN 71-0249735 as a 501(c)(3) organization (hospital or medical research organization), 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

  • 2024: Form 990 for calendar year 2024, object 202523149349301937 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433179349304013 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313189349317096 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203189349317460 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103199349314870 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202043189349304734 · read the filing

All filings for EIN 71-0249735: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.