2024-05-07T15:16:18-05:00 2023-06-30 FORVIS LLP PO BOX 3667 LITTLE ROCK AR 722033667 990 2022-07-01 710766605 HOT SPRING COUNTY MEDICAL CENTER % JAY QUEBEDEAUX HOTS 5013327397 1001 SCHNEIDER DRIVE MALVERN AR 72104 JAY QUEBEDEAUX VP/ADMINISTRATOR 5013327397 2024-04-01 true JAY QUEBEDEAUX 999009999 AMBER SHERRILL P00748683 5013721040 3 2022 2023-04-26 12:10:37Z JAY QUEBEDEAUX 1001 SCHNEIDER DRIVE MALVERN AR 72104 114557 false X N/A X 1994 AR SEE SCHEDULE O. 13 13 0 23 0 0 0 114557 114557 -41299 -1463 0 0 73258 113094 0 0 0 0 0 0 0 0 0 158467 108693 158467 108693 -85209 4401 1028790 812676 444806 224291 583984 588385 PROVIDE RURAL MEDICAL HEALTH CARE. false false 108693 0 114557 HOT SPRING COUNTY MEDICAL CENTER PROVIDES COMPREHENSIVE HEALTHCARE SERVICES TO INDIVIDUALS REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN, HANDICAP, AGE OR ABILITY TO PAY. BAPTIST HEALTH IS PROVIDING THESE SERVICES AND OPERATING THE HOSPITAL THROUGH A LEASE AGREEMENT WITH HOT SPRING COUNTY MEDICAL CENTER. 108693 true false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true true false false false true 0 0 true 0 false false false false false false false false false false false false X 13 13 true true false false false false false true true false false false true true true false true false false false X JAY QUEBEDEAUX 5013321000 1001 SCHNEIDER DRIVE MALVERN AR 72104 X TERESA HOWELL TRUSTEE 1.0 0.0 X 0 0 0 MARK CRAMER TRUSTEE 1.0 0.0 X 0 0 0 GERALD BLACK TRUSTEE 1.0 0.0 X 0 0 0 DONNIE TABER CHAIRMAN 1.0 0.0 X X 0 0 0 LANCE HOWELL VICE CHAIRMAN 1.0 0.0 X X 0 0 0 JOEY MCDERMOTT TRUSTEE 1.0 0.0 X 0 0 0 DR STEVE ROOK TRUSTEE 1.0 0.0 X 0 0 0 CHAD LAUNIUS TRUSTEE 1.0 0.0 X 0 0 0 DANNY RIGGAN TRUSTEE 1.0 0.0 X 0 0 0 MARION GIBSON TRUSTEE 1.0 0.0 X 0 0 0 LYNETTE SMITH TRUSTEE 1.0 0.0 X 0 0 0 JAY QUEBEDEAUX VP/ADMINISTRATOR 1.0 0.0 X X 0 0 0 JEFFERY MACK MD CHIEF OF STAFF 1.0 0.0 X 0 0 0 0 0 0 0 false false false 0 0 PROGRAM SERVICE REVENUE 531120 114557 114557 114557 0 0 0 0 0 0 1463 -1463 -1463 -1463 0 0 0 0 0 0 0 0 0 0 113094 114557 -1463 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8574 8574 0 0 0 100119 100119 0 108693 108693 0 0 0 0 0 0 0 0 228270 113737 0 0 0 0 0 0 0 0 0 0 25454969 24757030 799520 697939 0 0 0 0 0 0 0 0 1000 1000 1028790 812676 0 0 0 0 228070 113513 216736 110778 0 0 0 0 0 0 0 0 0 0 444806 224291 X 583984 588385 0 0 583984 588385 1028790 812676 4401 X false false false X 0 0 0 0 0 0 114557 114558 114557 114557 114557 572786 0 0 0 114557 114558 114557 114557 114557 572786 0 0 0 572786 0 0 0 0 0 114557 114558 114557 114557 114557 572786 1.00000 1.00000 0.00000 0.00000 X 259157 259157 8101211 8006215 94996 15270488 15148569 121919 1824113 1602246 221867 697939 A HOT SPRING COUNTY AR 710386288 2004-01-26 3000000 HOSP REV REFUNDING & IMPROVEMENT false false false A 2889222 0 3000000 0 0 0 20000 0 0 0 2980000 0 2007 true false true true A false false false false 0 false false false true A false false true false false false 0 false 0 false true A true FORM 990, PART I, LINE 1 THE ORGANIZATION'S MISSION IS TO PROVIDE RURAL MEDICAL HEALTH CARE. THE HOSPITAL FACILITY WAS LEASED TO BAPTIST HEALTH EFFECTIVE 1/1/2014, AT WHICH TIME BAPTIST HEALTH TOOK OVER OPERATIONS OF THE HOSPITAL. SINCE THE EFFECTIVE DATE, ACTIVITY CONSISTS OF RENTAL INCOME AND EXPENSES ON REMAINING PROPERTY AND ADMINISTRATIVE DUTIES FROM THE LEASE OF THE HOSPITAL FACILITY. BAPTIST HEALTH IS PROVIDING THE HEALTHCARE SERVICES AND OPERATING THE HOSPITAL THROUGH THE LEASE ARRANGEMENT WITH HOT SPRING COUNTY MEDICAL CENTER. THE HOSPITAL LICENSE IS OWNED BY BAPTIST HEALTH. FORM 990, PART VI, SECTION A, LINE 2 TERESA HOWELL AND LANCE HOWELL ARE MARRIED. FORM 990, PART VI, SECTION A, LINE 3 EFFECTIVE JANUARY 1, 2014, THE MEDICAL CENTER ENTERED INTO A LEASING ARRANGEMENT THAT TRANSFERS THE OPERATIONS OF THE MEDICAL CENTER TO BAPTIST HEALTH OF LITTLE ROCK, ARKANSAS. THE LEASE, WHICH COVERS SUBSTANTIALLY ALL THE ASSETS AND OPERATIONS OF THE MEDICAL CENTER, IS FOR A PERIOD OF 25 YEARS WITH ANNUAL PAYMENTS OF $25 PER YEAR AND INCLUDES TWO OPTIONAL RENEWAL PERIODS OF 25 YEARS EACH AT THE SAME ANNUAL RENTAL. BAPTIST HEALTH HAS COMMITTED TO PROVIDE ADEQUATE FUNDING TO OPERATE THE MEDICAL CENTER AND WILL MAKE THE REQUIRED DEBT SERVICE PAYMENTS OF ALL LEGAL OBLIGATIONS OF THE MEDICAL CENTER. THE LEASE CAN BE TERMINATED PRIOR TO THE EXPIRATION OF THE LEASE TERM BY BAPTIST HEALTH OR THE MEDICAL CENTER IN CERTAIN INSTANCES AS DEFINED IN THE AGREEMENT AND WITH PROPER NOTIFICATION. AT THE END OF THE LEASE TERM, ALL ASSETS AND LIABILITIES WILL REVERT BACK TO THE MEDICAL CENTER. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY BAPTIST HEALTH'S VP OF FINANCE AND HSC MEDICAL CENTER'S VP/ADMINISTRATOR PRIOR TO E-FILING. COPIES ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD OF DIRECTORS OF HOT SPRING COUNTY MEDICAL CENTER ARE REQUIRED TO REPORT ALL CONFLICTS OF INTERESTS IN WRITING OR BY VERBAL ACKNOWLEDGEMENT DURING A REGULARLY SCHEDULED, SEMI-ANNUAL MEETING OF THE BOARD. ALL STATED CONFLICTS OF INTEREST WILL BE ENTERED INTO THE MINUTES OF RECORD OF SUCH SEMI-ANNUAL MEETING. MEMBERS OF THE BOARD OF DIRECTORS WILL REFRAIN FROM LOBBYING, OR VOTING WHEN RELATED DIRECTLY TO THE MEMBERS INCOME OR BUSINESS INCOME AND WILL ONLY ACT IN GOOD FAITH AND IN THEIR HONEST BUSINESS JUDGEMENT FOR THE PURPOSES FOR WHICH THE CORPORATION WAS ORGANIZED. FORM 990, PART VI, SECTION B, LINES 15A & 15B THE ORGANIZATION DID NOT COMPENSATE ANY OFFICERS OR KEY EMPLOYEES. HOWEVER, WHEN THE ORGANIZATION DOES COMPENSATE OFFICERS OR KEY EMPLOYEES AN INDEPENDENT REVIEW IS PERFORMED USING INDUSTRY COMPARATIVES FOR LIKE SIZE HOSPITALS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. HOT SPRING COUNTY MEDICAL FOUNDATION 1001 SCHNEIDER DRIVE MALVERN AR 72104 710766603 SUPPORT AR 501 (C)(3) 12A HSC MED SYS true HOT SPRING COUNTY MEDICAL SYSTEM 1001 SCHNEIDER DRIVE MALVERN AR 72104 710766606 SUPPORT AR 501 (C)(3) 12B NA false false false false false false false false false false false false false false false false false false false false