Howard Memorial Hospital
Nonprofit profile at a glance
- EIN
- 710644637
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Nashville, AR, US
- Phone
- 870-845-4400
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $33,495,285
- Expenses
- $34,327,261
- Assets
- $33,489,472
- Liabilities
- $7,738,194
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- STACY HARBERSON (CEO)
- DEBRA WRIGHT (FORMER CEO)
Highest reported compensation
- JOHN JOHNSON (PHYSICIAN): $345,111 total reported compensation
- JIM LOGGINS (CRNA): $263,838 total reported compensation
- CHARLES CALDWELL (PHYSICIAN): $260,743 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Improving the Health of the Communities We Serve
What it reported doing in 2024
Howard memorial hospital is classified as a 20-bed critical access hospital and provides acute and swing bed services. The hospital provides medical care to residents of southwestern Arkansas. This care included approximately 2,884 inpatient days of care, as well as 26,695 outpatient visits and 8,083 emergency department visits, to benefit the poor and elderly in the community, the hospital participated in medicare and medicaid programs. 897 days of care were provided to participants in these programs. Additionally, hmh provided care for 615 swing bed patient days.
Operating model
- Revenue model
- Earned-program. 88% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 69
- Accountability: 95
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.4%; rating input score 73
- Program expense ratio: 72.9%; rating input score 73
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2.5%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 0.98; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 4.4%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 7% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 6.8% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 1.6% per year; rating input score 100; 16th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 73.4% of revenue deployed · 72.9% of spending went to programs
- Governance: 8 of 8 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $25M in reported program spending
- Leadership: top reported pay $345K · 16 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3.3M reported
- Consistency: 23 of 23 current checks pass
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 4 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 22/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
- Review — Accountability: Governance controls: CEO compensation review process not reported.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.