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Nonprofit · EIN 71-0437657

CENTRAL ARKANSAS RADIATION THERAPY INSTITUTE INC

Tax-exempt · LITTLE ROCK, AR 72205

Financials

$393M$391.4M2022$512.7M$516.5M2023$620.5M$616.1M2024
Revenue Expenses · by fiscal year end
Financials of CENTRAL ARKANSAS RADIATION THERAPY INSTITUTE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$620,523,795$616,085,257$4,438,538$376,499,241$243,417,814$133,081,427
June 30, 2024990$512,674,521$516,459,583-$3,785,062$385,361,663$258,696,800$126,664,863
June 30, 2023990$393,023,493$391,421,057$1,602,436$365,362,253$238,389,560$126,972,693
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$6,127,863
of which government grants
$6,127,863
Program service revenue
$610,257,963
Investment income
$4,137,969
Net gain from sales of assets
$2,840,571
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$3,962,328
Other salaries and wages
$110,835,423
Salaries, compensation and benefits (total)
$131,099,053
Professional fundraising fees
$0
Accounting fees
$149,147
Occupancy
$8,513,771
Travel
$357,286
Depreciation
$14,604,173
Program services (functional)
$551,518,078
Management and general (functional)
$64,567,179

Balance sheet and other

Total assets, start of year
$385,361,663
Total assets, end of year
$376,499,241
Total liabilities, end of year
$243,417,814
Net assets, end of year
$133,081,427
Land, buildings and equipment
$182,322,144
Publicly traded securities
$55,642,360
Net assets without donor restrictions
$123,874,557
Net assets with donor restrictions
$9,206,870
Gross receipts
$760,813,866
Employees
1,290
Volunteers
12
Year formed
1970
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Balagopalan Nair MDMedical Oncology
Highest-paid employee
40$2,131,263$40,602
Kamal Patel MDMedical Oncology
Highest-paid employee
40$1,971,157$33,710
Lawrence Mendelsohn MDMedical Oncology
Highest-paid employee
40$1,663,444$35,230
Ryan Hall MDHematology Oncology
Highest-paid employee
40$1,448,838$39,439
Derek MiddletonMedical Oncology
Highest-paid employee
40$1,405,911$11,682
Rhonda Gentry MDPhysician / Director
Trustee or director
41$1,366,019$27,588
Adam Head - PresidentCEOEx-Officio voting Director
Trustee or director, Officer
41$781,314$35,468
Scott Stern MDPhysician / Director
Trustee or director
41$605,305$33,960
Jennifer StyronCFO/Treasurer
Officer
40$512,801$15,412
Jacob Zach-VP FinanceAssistant Treasurer
Officer
40$205,486$26,857
Shelia GarnerSecretary
Officer
41$112,850$35,904
Jill Tate - Exec AssistantAssistant Secretary
Officer
40$91,890$22,644
Terry VickChair - Ex-Officio voting
Trustee or director, Officer
1$0$0
Rodney ThomasonVice Chair
Trustee or director, Officer
1$0$0
Brett MadisonDirector
Trustee or director
1$0$0
9 more people on this return
NameTitleHours / weekCompensation
Manoj PatelDirector
Trustee or director
1$0
Matthew Hardee MD PhDDirector
Trustee or director
1$0
Paul BenhamDirector
Trustee or director
1$0
Rajesh ChokhaniDirector
Trustee or director
1$0
Sarah Catherine GutierrezDirector
Trustee or director
1$0
Schawnee HightowerDirector
Trustee or director
1$0
William ClarkDirector
Trustee or director
1$0
Ardyth NeillDirector
Trustee or director
1$0
J Scott SchallhornDirector
Trustee or director
1$0
990 for the year ended June 30, 2024: 24 people
NameTitleHours / weekCompensationOther / benefits
Balagopalan Nair MDMedical Oncology
Highest-paid employee
40$2,142,555$34,254
Kamal Patel MDMedical Oncology
Highest-paid employee
40$1,958,728$21,972
Lawrence Mendelsohn MDMedical Oncology
Highest-paid employee
40$1,588,902$20,568
Omer Khalil MDMedical Oncology
Highest-paid employee
40$1,359,590$25,106
Ryan Hall MDHematology Oncology
Highest-paid employee
40$1,330,342$33,644
Rhonda Gentry MDPhysician / Director
Trustee or director
40$1,267,942$17,899
Adam Head - PresidentCEOEx-Officio voting Director
Trustee or director, Officer
40$715,934$29,297
Scott Stern MD - PhysicianEx-Officio voting Director
Trustee or director
40$525,989$27,334
Jennifer StyronCFO/Treasurer
Officer
40$460,061$14,460
Jacob Zach-VP FinanceAssistant Treasurer
Officer
40$145,041$24,647
Shelia GarnerSecretary
Officer
41$110,512$12,070
Jill Tate - Exec AssistantAssistant Secretary
Officer
40$85,185$23,261
Terry VickChair - Ex-Officio voting
Trustee or director, Officer
1$0$0
Rodney ThomasonVice Chair
Trustee or director, Officer
1$0$0
Brett MadisonDirector
Trustee or director
1$0$0
Kim EllisDirector
Trustee or director
1$0$0
Manoj PatelDirector
Trustee or director
1$0$0
Matthew Hardee MD PhDirector
Trustee or director
1$0$0
Paul BenhamDirector
Trustee or director
1$0$0
Rajesh ChokhaniDirector
Trustee or director
1$0$0
Sarah Catherine GutierrezDirector
Trustee or director
1$0$0
Schawnee HightowerDirector
Trustee or director
1$0$0
William ClarkDirector
Trustee or director
1$0$0
Ardyth NeillDirector
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 24 people
NameTitleHours / weekCompensationOther / benefits
Balagopalan Nair MDMedical Oncology
Highest-paid employee
40$2,120,597$33,225
Kamal Patel MDMedical Oncology
Highest-paid employee
40$1,862,739$21,933
Lawrence Mendelsohn MDMedical Oncology
Highest-paid employee
40$1,494,538$27,840
Thomas Sneed MDMedical Oncology
Highest-paid employee
40$1,333,569$24,196
Rhonda Gentry MDPhysician / Director
Trustee or director
40$1,269,691$23,255
Omer Khalil MDMedical Oncology
Highest-paid employee
40$1,248,402$24,735
Adam Head - PresidentCEOEx-Officio voting Director
Trustee or director, Officer
40$649,398$27,939
Scott Stern MD - CMOEx-Officio voting Director/Physician
Trustee or director
40$613,550$24,760
Jennifer StyronCFO/Treasurer
Officer
40$402,222$14,970
Jacob Zach-VP FinanceAssistant Treasurer
Officer
40$115,558$22,724
Shelia GarnerSecretary
Officer
41$107,504$12,002
Jill Tate - Exec AssistantAssistant Secretary
Officer
40$85,184$24,096
Terry VickChair - Ex-Officio voting
Trustee or director, Officer
1$0$0
Rodney ThomasonVice Chair
Trustee or director, Officer
1$0$0
Ardyth NeillDirector
Trustee or director
1$0$0
Brett MadisonDirector
Trustee or director
1$0$0
Kim EllisDirector
Trustee or director
1$0$0
Rajesh ChokhaniDirector
Trustee or director
1$0$0
Sarah Catherine GutierrezDirector
Trustee or director
1$0$0
Schawnee HightowerDirector
Trustee or director
1$0$0
William ClarkDirector
Trustee or director
1$0$0
Matthew Hardee MD PhDirector
Trustee or director
1$0$0
Paul BenhamDirector
Trustee or director
1$0$0
Judge Mark D LeverettDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
8901 CARTI WAY, LITTLE ROCK, AR 72205-6523
Principal officer (990 for 2024)
Adam Head, 8901 Carti Way, Little Rock, AR 72205
Signed the 990
Jennifer Styron, CFO/Treasurer
Phone
(501) 296-3438
Return prepared by
Eide Bailly LLP

Mission

To make trusted cancer care accessible for every patient we serve through compassion, innovation and purpose.

990 for the year ended June 30, 2025

Program accomplishments

  • For more than 40 years, CARTI has been synonymous with cutting-edge, state of the art cancer care treatment in Arkansas. From its origins as one of the nation's leading networks of freestanding, not-for-profit radiation therapy providers to its modern evolution as a comprehensive cancer center, CARTI remains committed to its core mission of providing the finest quality cancer treatment and compassionate patient care while also continuing to improve our knowledge through education and research. CARTI first opened on April 5, 1976 as the central Arkansas radiation therapy institute on the campus of St. Vincent Infirmary Medical Center in Little Rock. Operating as an independent network of radiation therapy providers, CARTI would grow to include ten more satellite locations throughout Arkansas. Continued on Schedule O.CARTI was incorporated in 1970 and opened its first radiation therapy center in Little Rock on April 5, 1976. Little Rock Hematology/Oncology (lRHO) became part of CARTI on December 1, 2011. Hematology Oncology Services of Arkansas (HOSA) joined the CARTI network on January 1, 2013. Physicians on staff at CARTI include twelve medical oncologists, eight radiation oncologists, three diagnostic radiologists, one surgical oncologist, and one interventional oncologist. CARTI has a statewide network of satellite clinics. Medical oncology is offered in Little Rock, North Little Rock, Benton, Clinton, Conway, El Dorado, Heber Springs, Russellville and Stuttgart. Radiation oncology is offered in Little Rock, North Little Rock, Conway Mountain Home, and Searcy. Ribbon cutting ceremonies for the CARTI Cancer Center - a new, 170,000 square foot, 90 million multi-story comprehensive treatment facility located in Little Rock were conducted on October 16, 2015. Serving as the administrative hub of the CARTI network, the CARTI Cancer Center is located just south of interstate 630 on a 37.12-acre plot with easy access to I-630 to allow patients easier access to fully integrated cancer care. The CARTI Cancer Center officially opened its doors and began treating patients on November 2, 2015. CARTI treats a wide variety of cancers, with the three most widely treated cancers being breast, lung and colorectal. As the largest not-for-profit network of private practice cancer care specialists in Arkansas, CARTI currently sees an estimated 30,000 patients per year. In addition to utilizing leading-edge radiation therapy to help those Arkansans who are diagnosed with cancer, CARTI has a "ray of hope" network that exists to care for the whole patient. From public education programs like cancer answers; to wellness initiatives like massage therapy. The ray of hope network provides a broad scope of assistance to meet the many and diverse needs of those fighting for their lives, as well as helping the family members who support them. As part of the ray of hope network, CARTI offers a comprehensive counseling and resource program to inform patients of available resources. Social workers assess patient need requests to assist him or her in obtaining the resources necessary to make their cancer treatment possible. Patients who qualify financially are offered assistance in the areas of lodging and transportation as well as financial assistance for prescription medicines and personal needs as they relate to their treatment. During the fiscal year, CARTI patient assistance referrals were made to multiple patients for the following assistance programs: transportation, housing, emotional support, therapeutic massage, dental referrals and other referrals including but not limited to medicine, nutrition, translation, etc. CARTI is committed to Arkansas communities by providing a tremendous number of outreach programs at no cost to participants. CARTI provides multiple functions throughout the year including: the cancer answers educational luncheon is open to the community for former patients as well as community members to attend and become better informed about issues related to cancer. Weekend retreats are offered at no cost each year for cancer patients and their families to learn coping mechanisms, communication and resource use. The CARTI Kids Program is a program designed for pediatric cancer survivors and will assist in emotional, physical and financial challenges as well as provide events and scholarships to the participating children.CARTI provides health care services to patients who meet certain criteria under its charity care policy without charge or at amounts less than established rates. Since CARTI does not pursue collection of these amounts, they are not reported as patient service revenue. The estimated cost of providing these services was $1,765,000 for the year ended June 30, 2025, calculated by multiplying the ratio of cost to gross charges for CARTI by the gross uncompensated charges associated with providing charity care to its patients.
    Expenses $551,518,078 · revenue $610,257,963

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
71-0437657
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1973
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$376,499,241
Income (IRS master file)
$760,813,866

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$620,523,795$616,085,257$376,499,241IRS
990June 2024$512,674,521$516,459,583$385,361,663IRS
990June 2023$393,023,493$391,421,057$365,362,253XML
990June 2022$312,438,181$312,535,049$345,911,634IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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 71-0437657).

Questions about CENTRAL ARKANSAS RADIATION THERAPY INSTITUTE INC

What is the EIN of CENTRAL ARKANSAS RADIATION THERAPY INSTITUTE INC?
The employer identification number (EIN) of CENTRAL ARKANSAS RADIATION THERAPY INSTITUTE INC is 71-0437657.
Is CENTRAL ARKANSAS RADIATION THERAPY INSTITUTE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to CENTRAL ARKANSAS RADIATION THERAPY INSTITUTE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CENTRAL ARKANSAS RADIATION THERAPY INSTITUTE INC 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 CENTRAL ARKANSAS RADIATION THERAPY INSTITUTE INC 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 CENTRAL ARKANSAS RADIATION THERAPY INSTITUTE INC 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 CENTRAL ARKANSAS RADIATION THERAPY INSTITUTE INC?
The 990 for the year ended June 30, 2025 names Adam Head.
Who are the officers and directors of CENTRAL ARKANSAS RADIATION THERAPY INSTITUTE INC?
The 990 for the year ended June 30, 2025 lists 24 people; 12 received compensation from the organization, the highest $2,131,263 (Balagopalan Nair MD, Medical Oncology).
How much revenue does CENTRAL ARKANSAS RADIATION THERAPY INSTITUTE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $620,523,795, expenses of $616,085,257 and total assets of $376,499,241 at year end.

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