2026-02-13T16:07:37-06:00 2025-06-30 710355269 LANDMARK PLC CPAS 3101 S 70TH STREET FORT SMITH AR 72903 990 2024-07-01 710575827 THE DEGEN FOUNDATION DEGE 4793082243 PO BOX 10366 FORT SMITH AR 72917 THOMAS WEBB EXECUTIVE DIRECTOR 4793082243 2026-02-05 1 1 DEANA A INFIELD P00440603 4794845740 2026-02-05 2024 2025-03-06 01:10:19Z THOMAS WEBB PO BOX 10366 FORT SMITH AR 72917 968349 0 X WWW.THEDEGENFOUNDATION.ORG X 1983 AR TO PROMOTE AND DEVELOP ACCESS TO AND DELIVERY OF HEALTHCARE SERVICES IN WESTERN ARKANSAS AND EASTERN OKLAHOMA, TO IMPROVE THE QUALITY AND AVAILABILITY OF HEALTHCARE SERVICES, TO FACILITATE AND PROMOTE HEALTHCARE EDUCATION, TO AID AND SUPPORT ESTABLISHED RELIGIOUS AND CHARITABLE ORGANIZATIONS, AND TO SUPPORT AND FACILITATE AS A SUPPORTING ORGANIZATION THE EDUCATIONAL MISSION OF THE ARKANSAS COLLEGES OF HEALTHCARE EDUCATION AND THE UNITED WAY OF FORT SMITH AREA, INC. 14 14 0 14 0 0 0 0 0 0 418553 965737 70554 30 489107 965767 992770 754540 0 0 0 0 0 0 0 164877 152050 1157647 906590 -668540 59177 14346833 14818699 30290 30228 14316543 14788471 X TO PROMOTE AND DEVELOP ACCESS TO AND DELIVERY OF HEALTHCARE SERVICES IN WESTERN ARKANSAS AND EASTERN OKLAHOMA, TO IMPROVE THE QUALITY AND AVAILABILITY OF HEALTHCARE SERVICES, TO FACILITATE AND PROMOTE HEALTHCARE EDUCATION, TO AID AND SUPPORT ESTABLISHED RELIGIOUS OR CHARITABLE ORGANIZATIONS, AND TO SUPPORT AND FACILITATE AS A SUPPORTING ORGANIZATION THE EDUCATIONAL MISSION OF THE ARKANSAS COLLEGES OF HEALTHCARE EDUCATION AND THE UNITED WAY OF FORT SMITH AREA, INC. 0 0 754540 754540 THE ORGANIZATION WAS FORMED TO ADMINISTER GIFTS IN SUPPORT OF SPARKS HEALTH SYSTEM AND TO PROMOTE THE HEALTHCARE SERVICES OF SPARKS HEALTH SYSTEM AS A SUPPORTING ORGANIZATION. SPARKS HEALTH SYSTEM ASSETS WERE SOLD 11/30/2009 AND THE ORGANIZATION WILL ASSIST IN DISTRIBUTING, WHEN NEEDED, THE PROCEEDS FROM THE SALE IN SUPPORT OF CHARITABLE 501(C)3 ORGANIZATIONS IN WESTERN ARKANSAS AND EASTERN OKLAHOMA. ON APRIL 18, 2014 THE BOARD OF SPARKS PASSED A RESOLUTION TO CONTRIBUTE UP TO $50,000,000 AS A RESTRICTED CONTRIBUTION IN SUPPORT OF DEVELOPING AN INSTITUTION OF HEALTH EDUCATION. THE ARKANSAS COLLEGES OF HEALTH EDUCATION (ACHE) WAS ORGANIZED AND THE BALANCE OF THE SPARKS FUNDS WERE TRANSFERRED TO ACHE IN SEPTEMBER 2017. IN JUNE 2019, THE DEGEN BOARD VOTED TO BECOME A SUPPORTING ORGANIZATION TO ACHE WHILE CONTINUING TO FUND LOCAL AND RELIGIOUS HEALTHCARE RELATED TO 501(C)3 ORGANIZATIONS AND HEALTHCARE RELATED STUDENT SCHOLARSHIPS. DURING THE YEAR ENDED JUNE 30, 2024, THE UNITED WAY OF FORT SMITH AREA, INC. WAS ADDED AS A SUPPORTED ORGANIZATION OF THE DEGEN FOUNDATION. 754540 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 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 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X CHRIS BROWN 4793082243 PO BOX 10366 FORT SMITH AR 72917 KAREN PHARIS DIRECTOR 1.00 X 0 0 0 JOHN R TAYLOR TREASURER 1.00 X X 0 0 0 BENNY GOODEN EDD DIRECTOR 1.00 X 0 0 0 ROBERT COOPER CHAIR 1.00 X X 0 0 0 DAVID CRAIG DIRECTOR 1.00 X 0 0 0 AMY MENDENHALL DIRECTOR 1.00 X 0 0 0 JEFF BEAUCHAMP DIRECTOR 1.00 X 0 0 0 MITZY LITTLE VICE CHAIR 1.00 X X 0 0 0 CARLY S MARSHALL SECRETARY 1.00 X X 0 0 0 AUDRA JACKSON MD DIRECTOR 1.00 X 0 0 0 DR JUSTIN VORIS DIRECTOR 1.00 X 0 0 0 PAYNE HALL DIRECTOR 1.00 X 0 0 0 ROBERT HERRERA DIRECTOR 1.00 X 0 0 0 CARMEN OXFORD DIRECTOR 1.00 X 0 0 0 THOMAS WEBB EXECUTIVE DIRECTOR 1.00 X 26450 0 0 26450 0 0 0 0 0 0 0 326305 326305 642014 2582 639432 639432 639432 MISCELLANEOUS 611710 30 30 30 965767 30 0 965737 700040 700040 54500 54500 80450 80450 5400 5400 48884 48884 1518 1518 77 77 14960 14960 MISCELLANEOUS 761 761 906590 754540 152050 0 247129 385224 13491032 14433475 608672 0 14346833 14818699 30290 30228 30290 30228 X 14296072 14768000 20471 20471 14316543 14788471 14346833 14818699 59177 412751 0 X X 0 1 X 1 0 X X 2 ARKANSAS COLLEGES OF HEALTH EDUCATION 465138928 2 1 46046 608672 THE UNITED WAY OF FORT SMITH AREA INC 710329130 10 1 12000 0 2 58046 608672 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 X 1 0 PART IV, SECTION D, LINE 3: THE ORGANIZATION HAS FOUR (4) OF ITS BOARD OF DIRECTORS WHO ARE ALSO ON THE BOARD OF TRUSTEES OF THE SUPPORTING ORGANIZATION, REPRESENTING ABOUT ONE-THIRD OF THE FOURTEEN (14) MEMBERS OF THE BOARD OF TRUSTEES. BY VIRTUE OF SUCH REPRESENTATION, THE ORGANIZATION HAS A SIGNIFICANT VOICE IN THE SUPPORTED ORGANIZATION'S INVESTMENT POLICIES AND IN DIRECTING USE OF ITS ASSETS. PART IV, SECTION E, LINE 2A: DEGEN CONTRIBUTED $58,046 TO THE ARKANSAS COLLEGES OF HEALTH EDUCATION (ACHE) AND THE UNITED WAY OF FORT SMITH IN SUPPORT OF ANNUAL GRANTS AND FOR THE MEDICAL SCHOOL, A SCHOLARSHIP ENDOWMENT FUND AND SUPPLIES AND GIFTS FOR THE INCOMING OCCUPATIONAL THERAPY (OT) AND PHYSICAL THERAPY (PT) STUDENTS AT ACHE. ADDITIONALLY, DEGEN FORGAVE A LOAN AND ACCRUED INTEREST IN THE AMOUNT OF $608,672. THE LOAN WAS MADE TO ACHE IN A PRIOR YEAR IN ORDER TO ESTABLISH A RESIDENCY PROGRAM. PART IV, SECTION A, LINE 6: THE ORGANIZATION PROVIDES GRANTS AND SCHOLARSHIPS TO 501(C)3 CHARITIES (OTHER THAN THE SUPPORTED ORGANIZATION) AND INDIVIDUALS THAT RELATE TO HEALTHCARE ACCESS AND DELIVERY OF SERVICES. 0 X 1378518 412751 412751 965767 0 965767 906590 0 906590 0 906590 PART X, LINE 2: THE FOUNDATION QUALIFIES AS AN ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE AND IS NOT SUBJECT TO TAX AT THE ENTITY LEVEL FOR FEDERAL TAX PURPOSES. THE FOUNDATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH THE PROVISIONS OF FASB CODIFICATION TOPIC INCOME TAXES. FASB CODIFICATION TOPIC INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND REQUIRES THE FOUNDATION TO RECOGNIZE IN THEIR FINANCIAL STATEMENTS THE IMPACT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UNDER AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS ASSESSED THE TAX POSITIONS OF THE FOUNDATION AND DETERMINED THAT NO POSITIONS EXIST THAT REQUIRE ADJUSTMENT OR DISCLOSURE UNDER THE PROVISIONS OF FASB CODIFICATION TOPIC INCOME TAXES. THE FOUNDATION FILES INFORMATIONAL "RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX" (FORM 990) IN THE U.S. FEDERAL JURISDICTION AND DOES NOT FILE ANY STATE RETURNS. 1 ARKANSAS COLLEGES OF HEALTH EDUCATION PO BOX 10366 FORT SMITH AR 72916 465138928 3 46046 608672 COST - LOANS TO ACHE FORGIVENESS OF LOAN BALANCE AND ACCRUED INTEREST SUPPORT MEDICAL SCHOOL METHODIST VILLAGE SENIOR LIVING 1915 SOUTH 74TH STREET FORT SMITH AR 72903 710312652 3 8000 0 VAN PURCHASE UNITED WAY OF FORT SMITH 120 NORTH 13TH STREET FORT SMITH AR 72901 710329530 3 12000 0 ANNUAL GRANTS 3 MEDICAL EDUCATION SCHOLARSHIPS 17 54500 PART I, LINE 2: ORGANIZATIONS AND INDIVIDUALS REQUESTING GRANTS AND SCHOLARSHIPS FROM THE FOUNDATION GO THROUGH A SET PROCESS INCLUDING ANALYSIS OF THE INTENDED USE OF THE FUNDS AND APPROVAL OF ANY AMOUNTS DISTRIBUTED BY THE FOUNDATION. 1 X 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST FORMS ARE COMPLETED ANNUALLY BY DIRECTORS AND STAFF TO DETERMINE IF ANY POTENTIAL CONFLICTS EXIST AND APPROPRIATE ACTION IS TAKEN DEPENDING UPON THE NATURE OF THE CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES IN THE METHOD OF REVIEWING THE 990. ARKANSAS COLLEGES OF HEALTH EDUCATION PO BOX 10366 FORT SMITH AR 72917 465138928 MEDICAL COLLEGE AR 501(C)(3) LINE 2 0 THE UNITED WAY OF FORT SMITH AREA INC 120 N 13TH STREET FORT SMITH AR 729012746 710329530 COMMUNITY SUPPORT AR 501(C)(3) LINE 10 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 ARKANSAS COLLEGES OF HEALTH EDUCATION B 46046 CASH ARKANSAS COLLEGES OF HEALTH EDUCATION B 608672 COST -LOAN & INTEREST FORGIVENESS ARKANSAS COLLEGES OF HEALTH EDUCATION D COST -LOANS TO ACHE ARKANSAS COLLEGES OF HEALTH EDUCATION D COST -ACCRUED INTEREST ON LOANS ARKANSAS COLLEGES OF HEALTH EDUCATION M 54000 CASH