AI Summary
Drew Memorial Hospital Inc is a nonprofit organization focused on in-patient medical care, dedicated to enhancing healing, health, and wellness in Southeast Arkansas. Following a lease agreement with Baptist Health effective December 2023, the hospital's operations are now managed by Baptist Health, which provides healthcare services while Drew Memorial handles rental income and administrative duties. With an operating budget of $3.4 million and total revenue of $1.9 million for the filing year 2025, the organization does not rely on a single funder for 50% or more of its revenue.
Mission Statement
DREW MEMORIAL IS COMMITTED TO ENHANCING HEALING, HEALTH AND WELLNESS IN SOUTHEAST ARKANSAS. THE HOSPITAL FACILITY WAS LEASED TO BAPTIST HEALTH EFFECTIVE 12/2023, AT WHICH TIME BAPTIST HEALTH TOOK OVER OPERATIONS OF THE HOSPITAL. SINCE THE EFFECTIVE DATE, ACTIVITY CONSISTS OF RENTAL INCOME AND EXPENSES ON REMAINING PROPERTY AND ADMINISTRATIVE DUTIES FROM THE LEASE OF THE HOSPITAL FACILITY. BAPTIST HEALTH IS PROVIDING THE HEALTHCARE SERVICES AND OPERATING THE HOSPITAL THROUGH THE LEASE ARRANGEMENT WITH DREW MEMORIAL HOSPITAL. THE HOSPITAL LICENSE IS OWNED BY BAPTIST HEALTH.
Cause Areas
1
In-patient medical care
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is Drew Memorial Hospital Inc’s budget?
In 2025, Drew Memorial Hospital Inc reported an annual operating budget of around $3.4 million. More detailed financial information is available to registered users.
What causes does Drew Memorial Hospital Inc support?
Drew Memorial Hospital Inc supports work in In-patient medical care.
Where does Drew Memorial Hospital Inc operate?
Drew Memorial Hospital Inc is headquartered in Monticello, AR.
Who funded Drew Memorial Hospital Inc recently?
In 2020, Drew Memorial Hospital Inc received grants from ARKANSAS HOSPITAL ASSOCIATION INC, CROSSETT HEALTH FOUNDATION DBA ASHLEY COUNTY MEDICAL CENTER, and CROSSETT HEALTH FOUNDATION DBA ASHLEY COUNTY MEDICAL CENTER. More information on this organization’s funders is available to registered users.
What is the largest grant Drew Memorial Hospital Inc received in 2020?
The largest grant to Drew Memorial Hospital Inc in 2020 exceeds $15 thousand.