Nonprofit · EIN 58-1805265
HOSPITAL DEVELOPMENT FOUNDATION INC
Tax-exempt · MOUNTAIN HOME, AR 72653
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,919,718 | $3,335,276 | $584,442 | $22,469,054 | $668,395 | $21,800,659 |
| December 31, 2023 | 990 | $3,121,859 | $3,130,176 | -$8,317 | $20,500,581 | $863,743 | $19,636,838 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,963,277
- of which government grants
- $160,185
- Program service revenue
- $0
- Investment income
- $956,441
- Net gain from sales of assets
- $515,963
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $2,685,179
- Other salaries and wages
- $348,602
- Salaries, compensation and benefits (total)
- $448,915
- Professional fundraising fees
- $0
- Legal fees
- $483
- Accounting fees
- $4,610
- Travel
- $10,715
- Program services (functional)
- $2,843,047
- Management and general (functional)
- $166,694
- Fundraising (functional)
- $325,535
Balance sheet and other
- Total assets, start of year
- $20,500,581
- Total assets, end of year
- $22,469,054
- Total liabilities, end of year
- $668,395
- Net assets, end of year
- $21,800,659
- Land, buildings and equipment
- $100,000
- Publicly traded securities
- $3,481,881
- Net assets without donor restrictions
- $5,264,635
- Net assets with donor restrictions
- $16,536,024
- Gross receipts
- $4,205,005
- Employees
- 2,669
- Volunteers
- 21
- Year formed
- 1988
- State of legal domicile
- AR
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jodie Elizabeth Jeffrey | Board Secretary Trustee or director, Officer | 5 | $0 |
| Judy Loving | Board Vice Chairman Trustee or director, Officer | 5 | $0 |
| Sandy Irby | Board Chairman Trustee or director, Officer | 5 | $0 |
| Steve Litty | Board Treasurer Trustee or director, Officer | 5 | $0 |
| April Rosa | Board Member Trustee or director | 5 | $0 |
| Billy Thompson | Board Member Trustee or director | 5 | $0 |
| Cynthia Dover | Board Member Trustee or director | 5 | $0 |
| Debbie Hess | Board Member Trustee or director | 5 | $0 |
| Eric Lunnen | Board Member Trustee or director | 5 | $0 |
| Grace Crownover | Board Member Trustee or director | 5 | $0 |
| Heather Loftis | Board Member Trustee or director | 5 | $0 |
| Jackson Rhoades | Board Member Trustee or director | 5 | $0 |
| Jason Lindsay - See Statement | Board Member Trustee or director | 5 | $0 |
| John Dyess | Board Member Trustee or director | 5 | $0 |
| John Neis | Board Member Trustee or director | 5 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Katie King Risk | Board Member Trustee or director | 5 | $0 |
| Matthew Taylor | Board Member Trustee or director | 5 | $0 |
| Randall Drake | Board Member Trustee or director | 5 | $0 |
| Robert Clarke | Board Member Trustee or director | 5 | $0 |
| Tim Paden | Board Member Trustee or director | 5 | $0 |
| Travis Doshier | Board Member Trustee or director | 5 | $0 |
| Sarah Edwards - See Statement | Executive Director Officer | 50 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jodie Elizabeth Jeffrey | Board Secretary Trustee or director, Officer | 5 | $0 |
| Judy Loving | Board Vice Chairman Trustee or director, Officer | 5 | $0 |
| LEONARD B LARRY - SEE STATEMENT | Executive Director Through 01/03/2023 Trustee or director, Officer | 20 | $0 |
| Sandy Irby | Board Chairman Trustee or director, Officer | 5 | $0 |
| Sarah Edwards - SEE STATEMENT | Executive Director Since 04/01/2023 Trustee or director, Officer | 50 | $0 |
| Steve Litty | Board Treasurer Trustee or director, Officer | 5 | $0 |
| April Rosa | Board Member Trustee or director | 5 | $0 |
| Billy Thompson | Board Member Trustee or director | 5 | $0 |
| Cynthia Dover | Board Member Trustee or director | 5 | $0 |
| Eric Lunnen | Board Member Trustee or director | 5 | $0 |
| Grace Crownover | Board Member Trustee or director | 5 | $0 |
| Heather Loftis | Board Member Trustee or director | 5 | $0 |
| Jackson Rhoades | Board Member Trustee or director | 5 | $0 |
| Jay Wescoat | Board Member Trustee or director | 5 | $0 |
| Joan Young | Board Member Trustee or director | 5 | $0 |
| John Dyess | Board Member Trustee or director | 5 | $0 |
| John Neis MD | Board Member Trustee or director | 5 | $0 |
| Katie King Risk | Board Member Trustee or director | 5 | $0 |
| Matthew Taylor AuD | Board Member Trustee or director | 5 | $0 |
| Peter Peitz | Board Member Trustee or director | 5 | $0 |
| Randall Drake | Board Member Trustee or director | 5 | $0 |
| Robert Clarke | Board Member Trustee or director | 5 | $0 |
| Tim Paden MD | Board Member Trustee or director | 5 | $0 |
| Travis Doshier | Board Member Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 624 HOSPITAL DR, MOUNTAIN HOME, AR 72653-2955
- In care of
- % SARAH EDWARDS
- Principal officer (990 for 2024)
- SARAH EDWARDS, 624 HOSPITAL DRIVE, MOUNTAIN HOME, AR 72653
- Signed the 990
- SARAH EDWARDS, EXECUTIVE DIRECTOR
- Phone
- (870) 508-1770
- Return prepared by
- Forvis Mazars LLP
Mission
BAXTER HEALTH FOUNDATION IS THE FUNDRAISING ARM FOR BAXTER HEALTH. THE FOUNDATION'S ONGOING FUNDING PROVIDES FINANCIAL SUPPORT FOR THE LATEST MEDICAL TECHNOLOGY, FACILITY UPGRADES, HEALTHCARE SCHOLARSHIPS, AND THE COMMUNITY HEALTH EDUCATION AND SUPPORT HOUSES. BAXTER HEALTH FOUNDATION IS DEVOTED TO THE HEALTHCARE NEEDS OF OUR COMMUNITY.
Program accomplishments
- THROUGH THEIR FUNDRAISING EFFORTS, BAXTER HEALTH FOUNDATION PROVIDES FINANCIAL SUPPORT TO BAXTER HEALTH (HOSPITAL). THE HOSPITAL PROVIDES HEALTH CARE SERVICES REGARDLESS OF A PERSON'S ABILITY TO PAY. THIS LEAVES THE HOSPITAL ABSORBING MORE THAN $10 MILLION IN UNPAID MEDICAL BILLS EACH YEAR. THROUGH CHARITABLE CONTRIBITIONS RECEIVED IN 2024 THE FOUNDATION WAS ABLE TO PROVIDE THE HOSPITAL WITH OVER $2,300,000 IN GENERAL SUPPORT INCLUDING FINANCIAL SUPPORT FOR THE PEITZ CANCER SUPPORT HOUSE, SCHLIEMANN CENTER FOR WOMENS HEALTH EDUCATION, REPPELL DIABETES LEARNING CENTER, AND MRUK FAMILY CENTER ON AGING. THE FOUNDATION ALSO PROVIDES FINANCIAL SUPPORT TO HOSPICE OF THE OZARKS, BAXTER REGIONAL HEALTH SYSTEM, AND MOUNTAIN HOME CHRISTIAN CLINIC.Expenses $2,504,899 · grants $2,347,031
- THE FOUNDATION MAINTAINS SEVERAL SCHOLARSHIPS, INCLUDING THE ANDERSON DOWNES, BAKER, KERR, AND CAROLINE AUSTINO SCHOLARSHIPS. THESE SCHOLARSHIPS PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS ENTERING THE HEALTH CARE PROFESSION. DURING 2024, THE FOUNDATION AWARDED MORE THAN $300,000 IN SCHOLARSHIPS TO NURSING, EMERGENCY MEDICAL TECHNICIAN, PARAMEDIC, AND MEDICAL DOCTOR STUDENTS.Expenses $338,148 · grants $338,148
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1805265
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $22,469,054
- Income (IRS master file)
- $4,205,005
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,919,718 | $3,335,276 | $22,469,054 | XML |
| 990 | December 2023 | $3,121,859 | $3,130,176 | $20,500,581 | XML |
| 990 | December 2022 | $3,098,337 | $3,657,794 | $19,155,779 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1805265).
Questions about HOSPITAL DEVELOPMENT FOUNDATION INC
- What is the EIN of HOSPITAL DEVELOPMENT FOUNDATION INC?
- The employer identification number (EIN) of HOSPITAL DEVELOPMENT FOUNDATION INC is 58-1805265.
- Is HOSPITAL DEVELOPMENT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to HOSPITAL DEVELOPMENT FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does HOSPITAL DEVELOPMENT FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HOSPITAL DEVELOPMENT FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOSPITAL DEVELOPMENT FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HOSPITAL DEVELOPMENT FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names SARAH EDWARDS.
- Who are the officers and directors of HOSPITAL DEVELOPMENT FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 22 people; 0 received compensation from the organization.
- How much revenue does HOSPITAL DEVELOPMENT FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,919,718, expenses of $3,335,276 and total assets of $22,469,054 at year end.
Other nonprofits in MOUNTAIN HOME
- BAXTER COUNTY REGIONAL HOSPITAL INC EIN 71-0561765 · last filed 990 for 2024
- BAXTER REGIONAL HEALTH SYSTEM EIN 30-0650211 · last filed 990 for 2024
- FOODBANK OF NORTH CENTRAL ARKANSAS NORFORK COMMUNITY CARE PROGRAM INC EIN 58-1881897 · last filed 990 for 2024
- HOSPICE OF THE OZARKS INC EIN 71-0521323 · last filed 990 for 2024
- HUMANE SOCIETY OF NORTH CENTRAL ARKANSAS INC EIN 71-0523058 · last filed 990 for 2025
- OPEN ARMS LEARNING CENTER EIN 71-0744616 · last filed 990 for 2025
- BAXTER COUNTY PUBLIC LIBRARY FOUNDATION EIN 73-1567052 · last filed 990 for 2025
- WOMEN S WELLNESS INC EIN 86-1993132 · last filed 990-PF for 2024