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Nonprofit · EIN 71-0664686

WASHINGTON REGINAL MEDICAL SYSTEM

Tax-exempt · FAYETTEVILLE, AR 72703

Financials

$97.9M$154.4M2023$102.2M$164.7M2024
Revenue Expenses · by fiscal year end
Financials of WASHINGTON REGINAL MEDICAL SYSTEM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$102,245,536$164,721,589-$62,476,053$37,300,534$31,842,201$5,458,333
December 31, 2023990$97,857,102$154,392,363-$56,535,261$43,629,806$34,470,420$9,159,386
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,522,432
of which government grants
$3,522,432
Program service revenue
$99,319,125
Investment income
-$596,021
Net gain from sales of assets
-$603,777
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$226,048
Other salaries and wages
$117,876,782
Salaries, compensation and benefits (total)
$131,223,745
Professional fundraising fees
$0
Legal fees
$15,985
Accounting fees
$134,985
Occupancy
$7,130,108
Travel
$101,735
Depreciation
$2,117,134
Program services (functional)
$146,327,610
Management and general (functional)
$18,393,979

Balance sheet and other

Total assets, start of year
$43,629,806
Total assets, end of year
$37,300,534
Total liabilities, end of year
$31,842,201
Net assets, end of year
$5,458,333
Land, buildings and equipment
$8,054,447
Net assets without donor restrictions
$5,458,333
Gross receipts
$102,849,313
Employees
236
Volunteers
8
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SEAN SENTERPHYSICIAN
Highest-paid employee
20$1,899,394$0$33,568
LARRY ARMSTRONGPHYSICIAN
Highest-paid employee
20$1,824,070$0$34,508
YANG YANGPHYSICIAN
Highest-paid employee
20$1,704,868$0$14,249
BORIS BOGOMILOVPHYSICIAN
Highest-paid employee
20$1,612,327$0$38,631
ZUBAIR AHMEDPHYSICIAN
Highest-paid employee
20$1,566,942$0$39,055
LARRY SHACKELFORDPRESIDENT & CEO
Officer
1$0$933,355$34,269
THOMAS OLMSTEADSVP & GENERAL COUNSEL
Officer
1$0$537,187$39,350
PAULA WORKMANVP CLINICAL OPERATIONS
Key employee
40$203,072$0$22,976
DENNIS BURROWSVP OF FINANCE
Officer
1$0$171,275$30,523
M GARETH ECKVICE CHAIR
Trustee or director, Officer
1$0$91,465$16,543
BROCK GEARHARTCHAIRMAN
Trustee or director, Officer
1$0$0$0
ANNE O'LEARY-KELLYDIRECTOR
Trustee or director
1$0$0$0
BRITTON LOTTDIRECTOR
Trustee or director
1$0$0$0
DREW ROGERSDIRECTOR
Trustee or director
1$0$0$0
GREG W LEEDIRECTOR
Trustee or director
1$0$0$0
3 more people on this return
NameTitleHours / weekCompensation
MARSHALL SAVIERSDIRECTOR
Trustee or director
1$0
NEAL PENDERGRAFTDIRECTOR
Trustee or director
1$0
STACY HANBYDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SEAN SENTERPHYSICIAN
Highest-paid employee
20$1,839,065$0$29,777
BORIS BOGOMILOVPHYSICIAN
Highest-paid employee
20$1,774,218$0$34,909
LARRY ARMSTRONGPHYSICIAN
Highest-paid employee
20$1,704,912$0$26,986
BRANDON CHISMPHYSICIAN
Highest-paid employee
20$1,520,043$0$33,001
ZUBAIR AHMEDPHYSICIAN
Highest-paid employee
20$1,478,965$0$29,255
LARRY SHACKELFORDPRESIDENT & CEO
Officer
1$0$913,130$29,534
THOMAS OLMSTEADSVP & GENERAL COUNSEL
Officer
1$0$510,998$32,244
DANIEL ECKELSOUTGOING CFO
Officer
1$0$484,729$39,841
PAULA WORKMANVP CLINICAL OPERATIONS
Key employee
40$189,352$0$26,734
DENNIS BURROWSVP & CHIEF ACCOUNTING OFFICER
Officer
1$0$162,091$20,576
M GARETH ECKVICE CHAIR
Trustee or director, Officer
1$0$88,860$16,036
GREG W LEECHAIRMAN
Trustee or director, Officer
1$0$0$0
ANNE O'LEARY-KELLYDIRECTOR
Trustee or director
1$0$0$0
BROCK GEARHARTDIRECTOR
Trustee or director
1$0$0$0
LUCAS CAMPBELLDIRECTOR
Trustee or director
1$0$0$0
MARSHALL SAVIERSDIRECTOR
Trustee or director
1$0$0$0
NEAL PENDERGRAFTDIRECTOR
Trustee or director
1$0$0$0
STACY HANBYDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
3215 N NORTHHILLS BLVD, FAYETTEVILLE, AR 72703-4007
In care of
% ACCOUNTING DEPARTMENT
Principal officer (990 for 2024)
LARRY SHACKELFORD, 3215 N NORTHHILLS BLVD, FAYETTEVILLE, AR 72703
Signed the 990
DENNIS BURROWS, VP OF FINANCE
Phone
(479) 463-1120
Return prepared by
Forvis Mazars LLP

Mission

WASHINGTON REGIONAL MEDICAL SYSTEM (WRMS) PROVIDES MGT, STRATEGIC PLANNING AND FINANCIAL SUPPORT TO AND FOR WRMC, WR MEDICORP, WRM SERVICES, WRM FOUNDATION, AND EUREKA REGIONAL HEALTH. IN ADDITION, VARIOUS MEMBERS OF MANAGEMENT SERVE IN SUPERVISORY ROLES FOR SUBSIDIARY ENTITIIES. (CONTINUED ON SCHEDULE O)

990 for the year ended December 31, 2024

Program accomplishments

  • TWENTY ONE SPECIALTY CLINICS EMPLOY 78 PHYSICIANS AND 66 APN'S/PA'S FOCUSED ON SENIOR HEALTH, NEUROSURGERY, PAIN MANAGEMENT, UROLOGY, RADIOLOGY SERVICES, INTERNAL MEDICINE, AND CARDIAC SERVICES. THESE CLINICS PROVIDED SERVICES OF 927,286 RELATIVE VALUE UNITS IN 2024. PATIENTS RECEIVE TREATMENT REGARDLESS OF ABILITY TO PAY.
    Expenses $97,749,404 · revenue $54,054,348
  • TWO DIAGNOSTIC CLINICS EMPLOY 42 PHYSICIANS AND 9 APN'S/PA'S. THESE CLINICS PROVIDED SERVICES OF 265,052 RELATIVE VALUE UNITS IN 2024. PATIENTS RECEIVE TREATMENT REGARDLESS OF ABILITY TO PAY.
    Expenses $19,598,977 · revenue $11,009,043
  • SIX FAMILY MEDICAL CLINICS EMPLOY 17 PHYSICIANS AND 8 APN'S/PA'S FOCUSED ON GENERAL HEALTH CARE NEEDS PROVIDING SERVICES OF 100,673 RELATIVE VALUE UNITS IN 2024. PATIENTS RECEIVE TREATMENT REGARDLESS OF ABILITY TO PAY.
    Expenses $14,149,218 · revenue $7,856,601
  • FIVE WOMEN'S CLINCS, A NEONATOLOGY GROUP AND PEDIATRIC HOSPITALISTS GROUP EMPLOY 21 PHYSICIANS AND 2 APN/PA FOCUSED ON WOMEN'S AND INFANT'S HEALTH PROVIDING SERVICES OF 105,071 RELATIVE VALUE UNITS IN 2024. PATIENTS RECEIVE TREATMENT REGARDLESS OF ABILITY TO PAY.
    Expenses $14,830,011 · revenue $26,399,133

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
71-0664686
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
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$37,300,534
Income (IRS master file)
$102,849,313

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$102,245,536$164,721,589$37,300,534IRS
990December 2023$97,857,102$154,392,363$43,629,806XML
990December 2022$89,140,267$141,962,314$47,014,301IRS
990December 2021–––IRS
990December 2020–––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 71-0664686).

Questions about WASHINGTON REGINAL MEDICAL SYSTEM

What is the EIN of WASHINGTON REGINAL MEDICAL SYSTEM?
The employer identification number (EIN) of WASHINGTON REGINAL MEDICAL SYSTEM is 71-0664686.
Is WASHINGTON REGINAL MEDICAL SYSTEM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to WASHINGTON REGINAL MEDICAL SYSTEM tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does WASHINGTON REGINAL MEDICAL SYSTEM 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 WASHINGTON REGINAL MEDICAL SYSTEM 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 WASHINGTON REGINAL MEDICAL SYSTEM 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 WASHINGTON REGINAL MEDICAL SYSTEM?
The 990 for the year ended December 31, 2024 names LARRY SHACKELFORD.
Who are the officers and directors of WASHINGTON REGINAL MEDICAL SYSTEM?
The 990 for the year ended December 31, 2024 lists 18 people; 6 received compensation from the organization, the highest $1,899,394 (SEAN SENTER, PHYSICIAN).
How much revenue does WASHINGTON REGINAL MEDICAL SYSTEM have?
On its 990 for the year ended December 31, 2024 it reported revenue of $102,245,536, expenses of $164,721,589 and total assets of $37,300,534 at year end.

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