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Nonprofit · EIN 20-4625618

APPALACHIAN REGIONAL HEALTHCARE FOUNDATION

Tax-exempt · BOONE, NC 28607

Financials

$4.3M$634K2022$7M$2.4M2023$2.4M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of APPALACHIAN REGIONAL HEALTHCARE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,359,393$1,543,059$816,334$36,528,012$3,316,445$33,211,567
June 30, 2024990$7,032,135$2,417,296$4,614,839$33,492,872$2,582,421$30,910,451
June 30, 2023990$4,263,333$633,966$3,629,367$27,087,194$1,830,870$25,256,324
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,693,939
of which government grants
$220,867
Program service revenue
$0
Investment income
$665,454
Net gain from sales of assets
$71,646
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$195,162
Salaries, compensation and benefits (total)
$208,594
Professional fundraising fees
$0
Occupancy
$2,001
Travel
$7,042
Depreciation
$2,227
Program services (functional)
$1,282,493
Management and general (functional)
$63,138
Fundraising (functional)
$197,428

Balance sheet and other

Total assets, start of year
$33,492,872
Total assets, end of year
$36,528,012
Total liabilities, end of year
$3,316,445
Net assets, end of year
$33,211,567
Land, buildings and equipment
$303,897
Publicly traded securities
$1,803,507
Net assets without donor restrictions
$16,178,195
Net assets with donor restrictions
$17,033,372
Gross receipts
$2,359,393
Employees
0
Volunteers
10
Year formed
2006
State of legal domicile
NC

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Charles MantoothCEO (thru 12/31/2024)
Trustee or director, Officer
1$0$1,151,578$29,239
Rick CassadyCFO
Officer
1$0$447,931$40,201
David Nathan NipperCEO (began 01/01/2025)
Trustee or director, Officer
1$0$448,212$24,156
Robert HudspethTrustee/SVP Development
Trustee or director, Officer
1$0$364,624$22,808
Edward HinsonChairman
Trustee or director, Officer
1$0$0$0
Anne Corinne Beaver MDTrustee
Trustee or director
1$0$0$0
Barbara GoodmonTrustee
Trustee or director
1$0$0$0
Bill LeonardTrustee
Trustee or director
1$0$0$0
Chick FullerTrustee
Trustee or director
1$0$0$0
Chris PettiTrustee
Trustee or director
1$0$0$0
Harrison Chip WilliamsonTrustee
Trustee or director
1$0$0$0
Janet ConeTrustee
Trustee or director
1$0$0$0
Jim Ferguson MDTrustee
Trustee or director
1$0$0$0
Libba GaitherTrustee
Trustee or director
1$0$0$0
Paul O'ConnellTrustee (thru 12/31/2024)
Trustee or director
1$0$0$0
1 more people on this return
NameTitleHours / weekCompensation
Sam AdamsTrustee
Trustee or director
1$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CHARLES MANTOOTHTRUSTEE/CEO
Trustee or director, Officer
1$0$614,177$44,115
RICK CASSADYCFO
Officer
0$0$356,379$44,785
ROBERT HUDSPETHTRUSTEE/SVP DEVELOP
Trustee or director, Officer
1$0$244,423$7,178
SAM ADAMSTRUSTEE
Trustee or director
1$0$0$0
JANET CONETRUSTEE
Trustee or director
1$0$0$0
JIM FERGUSONTRUSTEE
Trustee or director
1$0$0$0
CHICK FULLERTRUSTEE
Trustee or director
1$0$0$0
LIBBA GAITHERTRUSTEE
Trustee or director
1$0$0$0
BARBARA GOODMONTRUSTEE
Trustee or director
1$0$0$0
EDWARD HINSONCHAIRMAN
Trustee or director
1$0$0$0
ANNE CORRINE BEAVER MDTRUSTEE
Trustee or director
1$0$0$0
PAUL O'CONNELLTRUSTEE
Trustee or director
1$0$0$0
CHRIS PETTITRUSTEE
Trustee or director
1$0$0$0
HARRISON CHIP WILLIAMSONTRUSTEE
Trustee or director
1$0$0$0
JOE MILLERTRUSTEE (THRU 12/2023)
Trustee or director
1$0$0$0
BARBARA WHITTONTRUSTEE (THRU 12/2023)
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 14 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CHARLES MANTOOTHTRUSTEE/CEO
Trustee or director, Officer
1$0$718,682$37,627
ROBERT HUDSPETHTRUSTEE/SVP
Trustee or director, Officer
1$0$261,197$27,964
RICK CASSADYCFO
Officer
–$0$229,316$39,237
SAM ADAMSTRUSTEE
Trustee or director
1$0$0$0
JANET CONETRUSTEE
Trustee or director
1$0$0$0
JIM FERGUSONTRUSTEE
Trustee or director
1$0$0$0
CHICK FULLERTRUSTEE
Trustee or director
1$0$0$0
LIBBA GAITHERTRUSTEE
Trustee or director
1$0$0$0
BARBARA GOODMONTRUSTEE
Trustee or director
1$0$0$0
EDWARD HINSONCHAIRMAN
Trustee or director
1$0$0$0
ANNE CORRINE BEAVER MDTRUSTEE
Trustee or director
1$0$0$0
PAUL O'CONNELLTRUSTEE
Trustee or director
1$0$0$0
CHRIS PETTITRUSTEE
Trustee or director
1$0$0$0
HARRISON CHIP WILLIAMSONTRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
336 DEERFIELD RD, BOONE, NC 28607-5008
In care of
% RICK CASSADY
Principal officer (990 for 2024)
NATHAN NIPPER, 336 DEERFIELD ROAD, BOONE, NC 286075008
Signed the 990
NATHAN NIPPER, CFO
Phone
(828) 262-4100
Return prepared by
BDO USA

Mission

WORK WITH APPALACHIAN REGIONAL HEALTHCARE SYSTEM (ARHS) TO SUPPORT HEALTHCARE IN THE SURROUNDING REGION OF WESTERN NORTH CAROLINA AND PROMOTE AND FACILITATE PHILANTHROPY ON BEHALF OF ARHS AND ITS AFFILIATES.

990 for the year ended June 30, 2025

Program accomplishments

  • FUNDS RAISED SUPPORT ARHS AND ITS AFFILIATES THROUGH CAPITAL EQUIPMENT PURCHASES AND OTHER OPERATIONS.
    Expenses $1,282,493

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-4625618
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$36,528,012
Income (IRS master file)
$2,359,393

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,359,393$1,543,059$36,528,012IRS
990June 2024$7,032,135$2,417,296$33,492,872XML
990June 2023$4,263,333$633,966$27,087,194XML
990September 2022$4,411,499$719,161$22,271,868IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––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 20-4625618).

Questions about APPALACHIAN REGIONAL HEALTHCARE FOUNDATION

What is the EIN of APPALACHIAN REGIONAL HEALTHCARE FOUNDATION?
The employer identification number (EIN) of APPALACHIAN REGIONAL HEALTHCARE FOUNDATION is 20-4625618.
Is APPALACHIAN REGIONAL HEALTHCARE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to APPALACHIAN REGIONAL HEALTHCARE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does APPALACHIAN REGIONAL HEALTHCARE FOUNDATION 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 APPALACHIAN REGIONAL HEALTHCARE FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did APPALACHIAN REGIONAL HEALTHCARE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of APPALACHIAN REGIONAL HEALTHCARE FOUNDATION?
The 990 for the year ended June 30, 2025 names NATHAN NIPPER.
Who are the officers and directors of APPALACHIAN REGIONAL HEALTHCARE FOUNDATION?
The 990 for the year ended June 30, 2025 lists 16 people; 0 received compensation from the organization.
How much revenue does APPALACHIAN REGIONAL HEALTHCARE FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,359,393, expenses of $1,543,059 and total assets of $36,528,012 at year end.

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