2025-05-09T11:49:22-05:00 2024-06-30 710355269 LANDMARK PLC CPAS 3101 S 70TH STREET FORT SMITH AR 72903 990 2023-07-01 465138928 ARKANSAS COLLEGES OF HEALTH EDUCATION ARKA 4793082243 7000 CHAD COLLEY BLVD FORT SMITH AR 72916 KYLE PARKER CEO 4793082243 2025-05-07 1 0 DEANA A INFIELD P00440603 4794845740 2025-05-07 2023 2025-03-06 01:10:19Z KYLE PARKER 7000 CHAD COLLEY BLVD FORT SMITH AR 72916 93247559 0 X WWW.ACHEHEALTH.EDU X 2014 AR SEE SCHEDULE O FOR COMPLETE DESCRIPTION - THE MISSION OF THE ARKANSAS COLLEGES OF HEALTH EDUCATION (ACHE) IS TO EDUCATE AND TRAIN A DIVERSE GROUP OF HIGHLY COMPETENT AND COMPASSIONATE HEALTHCARE PROFESSIONALS; TO CREATE HEALTH AND RESEARCH SUPPORT FACILITIES; AND TO PROVIDE HEALTHY LIVING ENVIRONMENTS TO IMPROVE THE LIVES OF OTHERS. 15 15 279 120 0 0 2030714 11712509 33726745 36854716 550736 3146277 4346746 5255910 40654941 56969412 0 0 0 0 21048335 22465987 0 0 547344 21257922 24842011 42306257 47307998 -1651316 9661414 165322743 171135153 72514022 67613906 92808721 103521247 X SEE SCHEDULE O FOR COMPLETE DESCRIPTION - THE MISSION OF THE ARKANSAS COLLEGES OF HEALTH EDUCATION (ACHE) IS TO EDUCATE AND TRAIN A DIVERSE GROUP OF HIGHLY COMPETENT AND COMPASSIONATE HEALTHCARE PROFESSIONALS; TO CREATE HEALTH AND RESEARCH SUPPORT FACILITIES; AND TO PROVIDE HEALTHY LIVING ENVIRONMENTS TO IMPROVE THE LIVES OF OTHERS. 0 0 29420490 37324075 ACCREDITATION:ARKANSAS COLLEGES OF HEALTH EDUCATION HAS BEEN GRANTED CERTIFICATION TO OFFER THE FOLLOWING DEGREE PROGRAMS BY THE ARKANSAS HIGHER EDUCATION COORDINATING BOARD: DOCTOR OF OSTEOPATHIC MEDICINE, MASTER OF SCIENCE IN BIOMEDICINE, DOCTOR OF PHYSICAL THERAPY, DOCTOR OF OCCUPATIONAL THERAPY, AND MASTER OF PUBLIC HEALTH.ARKANSAS HIGHER EDUCATION COORDINATING BOARD CERTIFICATION DOES NOT CONSTITUTE AN ENDORSEMENT OF ANY INSTITUTION OR PROGRAM. SUCH CERTIFICATION MERELY INDICATES THAT CERTAIN CRITERIA HAVE BEEN MET AS REQUIRED UNDER THE RULES AND REGULATIONS IMPLEMENTING INSTITUTIONAL AND PROGRAM CERTIFICATION AS DEFINED IN A.C.A. 6-61-301.THE ARKANSAS COLLEGES OF HEALTH EDUCATION IS ACCREDITED BY THE HIGHER LEARNING COMMISSION, AN INSTITUTIONAL ACCREDITATION AGENCY RECOGNIZED BY THE U.S. DEPARTMENT OF EDUCATION. EACH OF THE AFOREMENTIONED DEGREES HAVE BEEN APPROVED BY HLC OR ARE ENGAGED IN THE APPROVAL PROCESS. THE AMERICAN OSTEOPATHIC ASSOCIATION (AOA) AND THE COMMISSION ON OSTEOPATHIC COLLEGE ACCREDITATION (COCA) PROVIDES ACCREDITING STANDARDS FOR THE OSTEOPATHIC MEDICAL EDUCATION PROGRAM. ARKANSAS COLLEGE OF OSTEOPATHIC MEDICINE (ARCOM) WAS GRANTED ACCREDITATION WITH HEIGHTENED MONITORING BY COCA EFFECTIVE MAY 2021.ADDITIONAL INDIVIDUAL PROFESSIONAL PROGRAMS OFFERED BY THE ARKANSAS COLLEGES OF HEALTH EDUCATION ARE IN VARIOUS STAGES OF ACCREDITATION, AS APPROPRIATE, BY THEIR RESPECTIVE PROGRAM ACCREDITORS.INSTITUTION AND PROGRAM ACHIEVMENTS: AS A YOUNG POST-GRADUATE INSTITUTION, ACHE CONTINUED INTO ITS TENTH YEAR FOCUSED ON MISSION DRIVEN GOALS, AS ESTABLISHED IN THE INSTITUTION'S STRATEGIC PLAN. ACHE CELEBRATED ITS FIRST DECADE WITH FOUNDER'S DAY IN THE SPRING, WHICH BROUGHT HUNDREDS OF PEOPLE TO CAMPUS. THE FOURTH ARCOM GRADUATION WAS HELD IN MAY 2024 WITH 145 GRADUATES RECEIVING THEIR DOCTOR OF OSTEOPATHIC MEDICINE DEGREE. OF THESE GRADUATES, 100% WERE PLACED IN RESIDENCIES THROUGH THE ACCREDITATION COUNCIL FOR GRADUATE MEDICAL EDUCATION(ACGME) MATCH PROGRAM, WITH THE MAJORITY OF THEM PLACED IN ACHE'S SERVICE AREA. THE MASTER OF SCIENCE IN BIOMEDICINE PROGRAM GRADUATED 23 STUDENTS IN MAY 2024. THE SCHOOL OF PHYSICAL THERAPY GRADUATED ITS FIRST CLASS OF 28 STUDENTS IN MAY 2024. THE SCHOOL OF OCCUPATIONAL THERAPY MATRICULATED A COHORT OF 23 STUDENTS IN MAY 2024 AND WILL HAVE ITS FIRST GRADUATION IN MAY 2025. THE NEW MASTER OF PUBLIC HEALTH PROGRAM MATRICULATED ITS FIRST COHORT OF 17 STUDENTS IN AUGUST 2024. ACHE CONTINUED TO DEEPEN ITS INTERPROFESSIONAL RELATIONSHIPS WITH ACCREDITED COLLEGES AND UNIVERSITIES, AND AGREEMENTS WERE SIGNED WITH SEVERAL REGIONAL INSTITUTIONS TO HELP STREAMLINE THEIR STUDENTS' ADMISSIONS INTO ACHE PROGRAMS. PARTNERSHIPS WITH LOCAL AND REGIONAL UNIVERSITIES HELP TO RETAIN STUDENTS, CREATING ADDITIONAL HEALTHCARE PROFESSIONALS FOR OUR COMMUNITY AND STATE.IN MAY 2021 ACHE RECEIVED A $32.3 MILLION GRANT TO BEGIN THE REPURPOSING OF THE BUILDING ACQUIRED TO HOUSE THE RESEARCH INSTITUTE HEALTH AND WELLNESS CENTER. THE GRANT INCLUDED $5 MILLION TO ENDOW PROGRAMS, BASED IN RESEARCH, THAT WILL DIRECTLY IMPACT THE HEALTH AND WELLNESS OF THE COMMUNITY AND STATE. AT THE END OF FISCAL YEAR 2023, RENOVATION OF THE FIRST FLOOR WHICH INCLUDES THE HEALTH AND WELLNESS CENTER, TEACHING KITCHEN, CENTER FOR CLINICAL RESEARCH, AND EVENT CENTER WAS COMPLETE. THE WELLNESS CENTER STRIVES TO REACH THE MISSION OF "PROVIDING HEALTHY LIVING ENVIRONMENTS TO IMPROVE THE LIVES OF OTHERS" THROUGH ITS COMMUNITY CENTERED PROGRAMS INCLUDING CLASSES AND EVENTS IN THE FABRICATION LAB, CERAMICS LAB, FITNESS CENTER, ART GALLERIES, AND TEACHING KITCHEN. AT THE END OF FISCAL YEAR 2024, THE CONSTRUCTION OF THE RESEARCH INSTITUTE, INCLUDING THE CENTER FOR REHABILITATION RESEARCH AND THE VIVARIUM LAB, WAS NEARLY COMPLETE. SUBSEQUENT TO YEAR END, A RIBBON CUTTING WAS HELD IN NOVEMBER 2024. ACHE IS WORKING ON POTENTIAL ADDITIONAL ACADEMIC PROGRAMS AS WELL AS CONTINUED DEVELOPMENT OF THE CAMPUS. ACHE'S COMMITMENT TO THE OVERALL FIELDS OF HEALTH, WELLNESS, AND RESEARCH WILL CONTINUE TO ADVANCE THE ACHE MISSION AT AN ACCELERATED PACE. 29420490 1 1 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 420 0 1 279 1 1 1 0 0 0 0 0 0 0 0 0 1 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CHRIS BROWN 4793082243 PO BOX 10366 FORT SMITH AR 72917 JOHN TAYLOR SECRETARY 1.00 X X 0 0 0 COLE GOODMAN CHAIRMAN EMERITUS 1.00 X X 0 0 0 MIKE BARR VICE CHAIR 1.00 X X 0 0 0 JEFF BEAUCHAMP TRUSTEE 1.00 X 0 0 0 RON DARBEAU TRUSTEE 1.00 X 0 0 0 KAREN PHARIS TRUSTEE 1.00 X 0 0 0 DAVID CRAIG TRUSTEE 1.00 X 0 0 0 MIKE CARROLL CHAIR 1.00 X X 0 0 0 JASON HILL TRUSTEE 1.00 X 0 0 0 LAVON MORTON TREASURER 1.00 X X 0 0 0 FRANK SHIPLEY TRUSTEE 1.00 X 0 0 0 BRENDA ALTMAN TRUSTEE 1.00 X 0 0 0 BILL ANDERSON TRUSTEE 1.00 X 0 0 0 RICHARD DUNSWORTH TRUSTEE 1.00 X 0 0 0 SEAN BAKER TRUSTEE 1.00 X 0 0 0 KYLE D PARKER CEO/PRESIDENT 40.00 X 1132210 0 38713 LES SMITH SENIOR VP/COO 40.00 X 650262 0 38713 JOEL WEBB VP/CTO 40.00 X 170299 0 31465 CHRIS BROWN VP/CFO 40.00 X 267627 0 35343 DONALD SEFCIK SENIOR VP/PROVOST 40.00 X 469596 0 32713 SHERRY TURNER ASSOCIATE DEAN OF GME & DI 40.00 X 336174 0 32377 ANDREW RYALS DIRECTOR, CLINICAL SKILLS 40.00 X 245151 0 18111 SHANNON RAMSEY JIMENEZ DEAN OF ARCOM 40.00 X 403407 0 36636 JEFFREY OSBURN VP OF ACHE RESEARCH 40.00 X 259367 0 34792 RANCE MCCLAIN FORMER DEAN/ARCOM 40.00 X 252713 0 22702 4186806 0 321565 29 1 1 0 ALLENTOWN LLC 165 RTE 526 ALLENTOWN NJ 08501 EQUIPMENT 751724 ELLUCIAN COMPANY LP 2003 EDMUND HALLEY DR RESTON VA 20191 SOFTWARE 645280 PRESIDIO NETWORKED SOLUTIONS PO BOX 822169 PHILADELPHIA PA 19182 COMPUTER HARDWARE, MAINTENANCE & CONSULT 425380 TECLAB INC 6450 VALLEY INDUSTRIAL DRIVE KALAMAZOO MI 49009 LAB TABLES, WORKSTATIONS & INSTALLATION 351942 BROWN HENDRIX & ASSOC 219 GAYLE COURT WASHINGTON OK 73093 SOFTWARE CONSULTING 225000 5 445049 960270 10307190 875442 11712509 STUDENT TUITION/FEES 611310 36739367 36739367 RESEARCH GRANT INCOME 611310 115349 115349 36854716 2199302 2199302 4898615 0 4898615 4898615 4898615 37113058 36166083 946975 946975 946975 0 445049 112064 -112064 -112064 MISCELLANEOUS INCOME 900099 415359 415359 MANAGEMENT FEES 900099 54000 54000 469359 56969412 37324075 0 7932828 2220398 939870 1280528 18175161 13556606 4364567 253988 708483 497497 201247 9739 1361945 957393 383301 21251 522469 373290 141503 7676 1173 1173 73775 73775 150420 150420 184126 90371 93755 452984 199366 234159 19459 2794305 1888805 881377 24123 2765722 463444 2302278 235752 202575 32789 388 428595 373268 43924 11403 2884755 582925 2301830 5580528 2944261 2636267 2941937 1628444 1268371 45122 PRECEPTORS 2504388 2504388 LIBRARY RESOURCES 863018 816680 46338 MISCELLANEOUS 738484 206094 532323 67 SUPPLIES 679494 358873 311565 9056 1040086 836340 105012 98734 47307998 29420490 17340164 547344 742084 1255309 6582 14389 93399 684365 674119 148021441 30759487 111080051 117261954 43515357 42544407 9294304 9291576 165322743 171135153 5784878 4802735 49925398 50287985 16803746 12523186 72514022 67613906 X 77558593 84325785 15250128 19195462 92808721 103521247 165322743 171135153 9661414 1051112 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6222113 82111 331824 6636048 5302228 378200 541685 6222113 5268810 735485 -702067 5302228 139138 5100871 28801 5268810 595485 79439 3526 539312 139138 0.00000 1.00000 0.00000 0 0 15228639 15228639 115425126 19656914 95768212 16769161 10504058 6265103 598515 598515 0 117261954 INVESTMENTS HELD BY INVESTMENT MANAGER - MUTUAL FUNDS & OTHER 42544407 F 42544407 MISCELLANEOUS RECEIVABLE- CURRENT 273616 CONSTRUCTION IN PROGRESS 9017960 9291576 BANK OVERDRAFT 135642 LINE OF CREDIT 11802344 NOTE PAYABLE - AFFILIATE 585200 12523186 X 57982168 1051112 1051112 56931056 150420 -112064 38356 56969412 47269642 0 47269642 150420 -112064 38356 47307998 PART V, LINE 4: THE ORGANIZATION INTENDS TO KEEP THE ENDOWMENT FUNDS INVESTED IN PERPETUITY AND USE THE EARNINGS FROM THESE ENDOWMENTS TO ACCOMPLISH THE WISHES OF THE DONORS WHICH ARE PRIMARILY AWARDING SCHOLARSHIPS TO STUDENTS AND FUNDING HEALTH AND WELLNESS PROGRAMMING. PART X, LINE 2: THE ORGANIZATION 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 ORGANIZATION 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 ORGANIZATION 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 ORGANIZATION AND DETERMINED THAT NO POSITIONS EXIST THAT REQUIRE ADJUSTMENT OR DISCLOSURE UNDER THE PROVISIONS OF FASB CODIFICATION TOPIC INCOME TAXES. THE ORGANIZATION FILES INFORMATIONAL "RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX" (FORM 990) IN THE U.S. FEDERAL JURISDICTION AND DOES NOT FILE ANY STATE RETURNS. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT EXPENSES - FUNDRAISING EVENT -112,064. PART XII, LINE 4B - OTHER ADJUSTMENTS: DIRECT EXPENSES - FUNDRAISING EVENT -112,064. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ACHE DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE FROM A LARGE GEOGRAPHIC SECTION AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. OUR PUBLICITY REQUIREMENT IS SATISFIED BY COMPLYING WITH SECTION 4.02. SCHEDULE E, PART I, LINE 6 ARKANSAS COLLEGES OF HEALTH EDUCATION RECEIVES TITLE IV MONIES ON BEHALF OF THE STUDENTS. ON-CALL GALA 445049 445049 44116 9880 58068 445049 445049 44116 9880 58068 112064 -112064 X 1 1 X X 0 0 0 0 0 0 0 0 0 KYLE D PARKER CEO/PRESIDENT 1132210 0 0 0 0 0 0 0 38713 0 1170923 0 0 0 LES SMITH SENIOR VP/COO 650262 0 0 0 0 0 0 0 38713 0 688975 0 0 0 DONALD SEFCIK SENIOR VP/PROVOST 469596 0 0 0 0 0 0 0 32713 0 502309 0 0 0 SHANNON RAMSEY JIMENEZ DEAN OF ARCOM 403407 0 0 0 0 0 0 0 36636 0 440043 0 0 0 SHERRY TURNER ASSOCIATE DEAN OF GME & DI 336174 0 0 0 0 0 0 0 32377 0 368551 0 0 0 CHRIS BROWN VP/CFO 267627 0 0 0 0 0 0 0 35343 0 302970 0 0 0 JEFFREY OSBURN VP OF ACHE RESEARCH 259367 0 0 0 0 0 0 0 34792 0 294159 0 0 0 RANCE MCCLAIN FORMER DEAN/ARCOM 252713 0 0 0 0 0 0 0 22702 0 275415 0 0 0 ANDREW RYALS DIRECTOR, CLINICAL SKILLS 245151 0 0 0 0 0 0 0 18111 0 263262 0 0 0 JOEL WEBB VP/CTO 170299 0 0 0 0 0 0 0 31465 0 201764 0 0 0 X FORGIVENESS OF PRIOR LOAN 1 827780 COST - PRIOR LOAN AM X SPECIAL EVENTS 46 31692 FAIR MARKET VALUE X STUDENT GIFTS 150 15970 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION WORKS WITH AN INDEPENDENT ACCOUNTING FIRM TO PREPARE THE 990. ONCE PREPARED, THE CFO REVIEWS THE FORM WITH THE FINANCE COMMITTEE AND THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ANNUALLY, AND THROUGHOUT THE YEAR IF CHANGES OCCUR, REQUESTS CONFLICTS OF INTEREST FORMS FROM OFFICERS, DIRECTORS, AND KEY EMPLOYEES TO DETERMINE IF ANY POTENTIAL CONFLICTS EXIST AND TAKES APPROPRIATE ACTION DEPENDING UPON THE NATURE OF THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY REVIEWS THE PRESIDENT AND CEO'S PERFORMANCE AND DETERMINES APPROPRIATE COMPENSATION. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS APPROPRIATE COMPARABILITY DATA PRIOR TO MAKING ITS RECOMMENDATION AND DOCUMENTS THE DATA, DISCUSSION, AND DECISION MADE. THE FULL BOARD OF TRUSTEES REVIEWS THE EXECUTIVE COMMITTEE'S RECOMMENDATION PRIOR TO RENDERING ITS DECISION. THE BOARD OF TRUSTEES ALSO APPROVES THE BUDGET FOR THE INSTITUTION, WHICH INCLUDES COMPENSATION FOR OFFICERS AND KEY EMPLOYEES DERIVED FROM COMPARABILITY DATA THAT HAS BEEN REVIEWED, ANALYZED, AND APPROVED BY EXECUTIVE ADMINISTRATION. THIS PROCESS IS THOROUGHLY DOCUMENTED THROUGH THE OFFICE OF THE CFO AND OFFICE OF HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST FORMS, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CERTAIN WEBSITES, LIKE CHARITY NAVIGATOR AND GUIDESTAR FOR EXAMPLE, WILL DISPLAY THE 990 TAX RETURN INFORMATION UPON FILING. FORM 990, PART XII, LINE 2C: THE AUDITED FINANCIAL STATEMENTS ARE PREPARED BY AN INDEPENDENT AUDITING FIRM AND ARE REVIEWED AND APPROVED BY THE CFO, THE BOARD FINANCE COMMITTEE, AND THE BOARD OF TRUSTEES. ACHE REAL ESTATE HOLDINGS 7000 CHAD COLLEY BLVD FORT SMITH AR 72916 812787403 OWN, OPERATE AND MANAGE REAL PROPERTY AR 12478229 ARKANSAS COLLEGES OF HEALTH EDUCATION THE DEGEN FOUNDATION PO BOX 10366 FORT SMITH AR 72917 710575827 COMMUNITY FOUNDATION AR 501(C)(3) LINE 12A, I N/A 0 FORT SMITH REGIONAL HEALTHCARE FOUNDATION PO BOX 10366 FORT SMITH AR 72917 710846701 COMMUNITY FOUNDATION AR 501(C)(3) LINE 12A, I N/A 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 THE DEGEN FOUNDATION C 32490 FMV THE DEGEN FOUNDATION O 54000 COST THE DEGEN FOUNDATION E 585200 COST - LOANS FROM DEGEN THE DEGEN FOUNDATION C 827780 FORGIVENESS OF PRIOR LOAN FORT SMTIH REGIONAL HEALTHCARE FOUNDATION C 100000 FMV