Baptist Memorial Hospital - Jonesboro Inc, operating under the name Nea Baptist Memorial Hospital, is located in Memphis, TN. The organization was established in 2010. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2023, Nea Baptist Memorial Hospital employed 1,870 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Nea Baptist Memorial Hospital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Nea Baptist Memorial Hospital generated $261.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $251.7m during the year ending 09/2023. While expenses have increased by 5.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nea Baptist Memorial Hospital has awarded 23 individual grants totaling $3,800,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE.
Describe the Organization's Program Activity:
BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION AND STABILITY OF BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC., IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES, AND FURTHER, THAT THE MISSION IS TO SERVE THE COMMUNITY WITH RESPECT TO PROVIDING HEALTH CARE SERVICES AND HEALTH CARE EDUCATION. THEREFORE, IN KEEPING WITH ITS COMMITMENT TO SERVE ALL MEMBERS OF ITS COMMUNITY, BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. PROVIDES THE FOLLOWING: - FREE CARE AND/OR SUBSIDIZED CARE WHERE THE NEED AND/OR AN INDIVIDUAL'S INABILITY TO PAY COEXIST,- CARE PROVIDED TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT BELOW COST, AND- HEALTH ACTIVITIES AND PROGRAMS TO SUPPORT THE COMMUNITY.THESE ACTIVITIES INCLUDE WELLNESS PROGRAMS, COMMUNITY EDUCATION PROGRAMS, SPECIAL PROGRAMS FOR THE ELDERLY, HANDICAPPED, MEDICALLY UNDERSERVED, AND A VARIETY OF BROAD COMMUNITY SUPPORT ACTIVITIES.DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2023, BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. PROVIDED SERVICES FOR MORE THAN 11,645 INPATIENTS AND MORE THAN 135,045 OUTPATIENTS.BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. PROVIDES CARE TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS FROM WHICH THE HOSPITAL RECEIVES PAYMENT AT LESS THAN MARKET VALUE REIMBURSEMENT. RECOGNIZING ITS MISSION TO THE COMMUNITY, SERVICES ARE PROVIDED TO MEDICARE, MEDICAID AND UNINSURED PATIENTS. TO THE EXTENT REIMBURSEMENT IS BELOW COST, BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. RECOGNIZES THESE AMOUNTS AS CHARITY CARE IN MEETING ITS MISSION TO THE ENTIRE COMMUNITY. DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2023, THE UNREIMBURSED VALUE OF PROVIDING CARE TO THESE PATIENTS WAS $786,627,314.CHARITY CARE IS ALSO PROVIDED THROUGH MANY REDUCED-PRICE SERVICES AND FREE PROGRAMS OFFERED THROUGHOUT THE YEAR BASED UPON ACTIVITIES AND SERVICES THAT BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. BELIEVES WILL SERVE A BONA FIDE COMMUNITY HEALTH NEED.THE LARGEST PROGRAM SERVICES PROVIDED THE FOLLOWING FOR THE PERIOD ENDED SEPTEMBER 30, 2023:- THE SURGERY DEPARTMENT PERFORMED 8,166 PROCEDURES AT A COST OF $25,511,016.- THE CARDIAC SERVICES DEPARTMENT HAD 4,950 WORKLOAD UNITS AT A COST OF $6,574,369.- THE PHARMACY DEPARTMENT DISPENSED MEDICATIONS AT A COST OF $10,821,245.- THE RADIOLOGY DEPARTMENT PERFORMED 161,139 TESTS AT A COST OF $10,420,521.- THE LAB DEPARTMENT PERFORMED 601,618 PROCEDURES AT A COST OF $8,249,710.- THE CANCER CENTER PROVIDED SERVICES AT A COST OF $27,328,994.BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. HAS PROVIDED A NUMBER OF SERVICES IN THE COMMUNITY. THIS INCLUDES MANY VOLUNTEER HOURS FROM EMPLOYEES, SOME OF THESE ARE LISTED BELOW:VARIOUS COMMUNITY PROGRAMS:- AMERICAN RED CROSS- ASU JOB FAIR- RELAY FOR LIFE- DUCK CLASSIC HUNTING/DINNER- MARCH OF DIMES- NORTHEAST ARKANSAS CLINIC CHARITABLE FOUNDATION, INC. SHAREHOPE WALK OF REMEMBRANCEHEALTH PROMOTION/EDUCATION/PREVENTION:- ASU BUSINESS EXPO- CHAMBER OF COMMERCE LUNCH AND LEARN- WSO SPRING CONFERENCE BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. ALSO CONTRIBUTED TO NUMEROUS OTHER HELPFUL ORGANIZATIONS AND ACTIVITIES THROUGH DIRECT FINANCIAL SUPPORT, INCLUDING:- AMERICAN CANCER SOCIETY- AMERICAN HEART ASSOCIATION- JONESBORO CHAMBER OF COMMERCE- JONESBORO CHURCH HEALTH CENTER- JONESBORO UNLIMITED- THE LEARNING CENTER- MARCH OF DIMES- NORTHEAST ARKANSAS CLINIC CHARITABLE FOUNDATION, INC.- PHI MU ALUMNI FASHION SHOW- SHAREHOPE WALK- ASU COLLEGE OF BUSINESS HONORS BANQUET- CASA 5K RUN- JONESBORO CITY WIDE THANKSGIVING MEALCOMMUNITY SUPPORT FROM BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. INCLUDED FREE COMMUNITY HEALTH FAIRS, SCREENINGS, PATIENT EDUCATION CLASSES, CASH CONTRIBUTIONS AND SPONSORSHIPS, AND HEALTH AND WELLNESS PROJECTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul D Depriest MD Vice President/director (thru 08/23) | OfficerTrustee | 1.25 | $0 |
Randy J King Director (thru 04/23) | Trustee | 1.15 | $0 |
Gary C Anderson V.p./director (as Of 09/23) | OfficerTrustee | 1.25 | $0 |
Matthew Haustein MD Director (thru 12/22) | Trustee | 1.15 | $0 |
Aaron Wallace MD Director (as Of 01/23) | Trustee | 1.15 | $0 |
Brad H Parsons Director (as Of 04/23) | Trustee | 1.15 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Shiftwise Inc Staffing Agency Services | 9/29/23 | $5,026,149 |
Morrison Management Specialists Inc Management Services | 9/29/23 | $2,458,905 |
Linen King Llc Linen Services | 9/29/23 | $793,537 |
Express Services Inc Staffing Agency Services | 9/29/23 | $577,667 |
Midsouth Piccs Llc Professional Services | 9/29/23 | $507,240 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $552,036 |
Government grants | $468,796 |
All other contributions, gifts, grants, and similar amounts not included above | $43,460 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,064,292 |
Total Program Service Revenue | $259,262,463 |
Investment income | $23,918 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$20,252 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $261,898,689 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $72,505 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $997,067 |
Compensation of current officers, directors, key employees. | $847,507 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $77,190,131 |
Pension plan accruals and contributions | $1,638,939 |
Other employee benefits | $10,362,513 |
Payroll taxes | $5,751,501 |
Fees for services: Management | $0 |
Fees for services: Legal | $10,000 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $23,377 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $31,036,897 |
Advertising and promotion | $161,184 |
Office expenses | $5,358,636 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,248,012 |
Travel | $95,716 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $52,613 |
Interest | $12,776,010 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $11,789,639 |
Insurance | $746,711 |
All other expenses | $1,373,161 |
Total functional expenses | $251,683,694 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $900 |
Savings and temporary cash investments | $3,027,100 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $33,318,001 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $5,641,306 |
Prepaid expenses and deferred charges | $3,321,980 |
Net Land, buildings, and equipment | $176,764,536 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $36,964,376 |
Total assets | $259,038,199 |
Accounts payable and accrued expenses | $14,112,351 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $316,126,602 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,721,041 |
Total liabilities | $331,959,994 |
Net assets without donor restrictions | -$72,921,795 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $259,038,199 |
Over the last fiscal year, Baptist Memorial Hospital - Jonesboro Inc has awarded $70,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL INC PURPOSE: GENERAL SUPPORT | $20,000 |
BAPTIST MEMORIAL HEALTH CARE FOUNDATION INC PURPOSE: GENERAL SUPPORT | $44,000 |
COMMUNITY HEALTH EDUCATION FOUNDATION PURPOSE: GENERAL SUPPORT | $6,000 |