Leo N Levi Memorial Hospital Association EIN 71-0246565

Leo N Levi Memorial Hospital Association

EIN  71-0246565 Hospital Hot Springs, AR Founded 1989
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/13/26 · see original filing: IRS
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Size
$1–10M
What they do
Provides specialty medical care to all residents, honoring its Jewish heritage.
Leadership
Zane Jeffers · CEO · $148K
Money in and out
$9.7M revenue, $8.6M expenses
Bottom line
+11% operating surplus

Provides specialty medical care to all residents, honoring its Jewish heritage. For fiscal year 2024 it reported $9.7M in revenue, $8.6M in expenses, and $14.2M in net assets.Pt I

Financial scale & money flow · FY2024
Total revenue
$9.7M
Pt VIII · Ln 12
Total expenses
$8.6M
Pt IX · Ln 25
Net assets
$14.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.0M
Where spending went · Part IX cols B–D
Program services $0.65 Management & general $0.35
Operating surplus
+11%
revenue over expenses, this legal entity▲ +22% vs prior filing year
Payroll share
73%
of this entity's spending is salaries & benefits▲ +2% vs prior filing year
Program spending
65%
of expenses reach program services▼ -1% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$9.7M
FY2024▲ +5%
Expenses
$8.6M
FY2024▲ +3%
Total assets
$15.4M
FY2024▲ +5%
Total liabilities
$1.3M
FY2024▼ -15%
Total revenue
$9.7M
Pt VIII · Ln 12
Total expenses
$8.6M
Pt IX · Ln 25
Net assets
$14.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.0M
Total assetsPt X · Ln 16$15.4M
Program-expense ratioPt IX · col B65%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $5.6M of program spending, described in the organization's own filed words · FY2024.
01

Levi has a great formula for success that uses the latest in therapy equipment and a team of dedicated professionals, both veterans and newly licensed, whose sole purpose is to bring patients to their highest level of functional independence.

$5.6Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLeo N Levi Memorial Hospital Association
EINHdr · item D71-0246565
Principal addressHdr · item CHot Springs, AR
WebsiteHdr · item Jwww.levihospital.com
Year of formationHdr · item L1989
State of legal domicileHdr · item MAR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHospitals (E240)
Ruling yearIRS BMFJan 1937

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$148,499Pt VII · Sec A
$108,555Pt VII · Sec A
Physical Therpist
$105,254Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Zane Jeffers’s $148K as CEO is at the 52nd percentile of top reported officer pay among 3116 $1–10M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Patrick McCabe$208,101$193,648$182,504
Zane Jeffers$148,499$135,486$19,336$22,186$112,676
Cassie Lord$116,335$118,540
Jennifer Ashley$108,673
Keri Crenshaw$108,555$104,473
Clint Crabtree$105,254$105,340$107,693$104,046$101,908
Beverly a Sinkuler$86,871$96,896

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$8.6M · 89%
Investment income$769K · 8%
Other revenue$226K · 2%
Program service revenue89%$8.6M
Investment income8%$769K
Other revenue2%$226K
Contributions & grants$22K
Total revenueLn 12$9.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.65 Management & general $0.35
Program services65%$5.6M
Management & general35%$3.0M
Total functional expensesLn 25$8.6M

Balance Sheet

Part X · end of year
CashLn 1$10.9M
Total assetsLn 16$15.4M
Total liabilitiesLn 26$1.3M
Total net assetsLn 32$14.2M
Months of cash on handcomputed15.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $10.9M · Operating expenses/yr $8.6M
15.1 months
Where the money goes
Program services
Program services $5.6M · Total expenses $8.6M
65%
Management & General
Management & general $3.0M · Total expenses $8.6M
35%
Fundraising
Fundraising $0 · Total expenses $8.6M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $199K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $22K · Total revenue $9.7M
0%
Government reliance
Government grants — · Total revenue $9.7M
Earned-income share
Program service revenue $8.6M · Total revenue $9.7M
89%
Investment reliance
Investment income $769K · Total revenue $9.7M
+8%
Program self-sufficiency
Program service revenue $8.6M · Total expenses $8.6M
100%
Growth & trend
Revenue growth (YoY)
This year $9.7M · Prior year $9.2M
+5%
Revenue CAGR
FY2020 $12.2M · FY2024 $9.7M
-6%
Net-asset trend (YoY)
End of year $14.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $9.7M · Expenses $8.6M
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $15.4M
Net-asset ratio
Net assets $14.2M · Total assets $15.4M
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $15.4M
0%
People & payroll
Highest Reported Total Compensation
Individual Zane Jeffers · Reported title CEO · Highest reported compensation $148K · Total expenses $8.6M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $6.3M · Total expenses $8.6M
73%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 65%
Overhead ratio 35%
Fundraising cost ratio 0%
Revenue growth 5%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$22K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$9.7M revenue · viewing · ⤓ 990 PDF
FY2023$9.2M revenue · ⤓ 990 PDF
FY2022$10.8M revenue · ⤓ 990 PDF
FY2021$11.1M revenue · ⤓ 990 PDF
FY2020$12.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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