Baptist Health Foundation Paducah Inc
- Assets
- $11.5m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 3
- Location
- Paducah, KY
- Founding
- 04/2009
- Data as of
- 08/2021
- EIN
- 26-4057759
Organization Overview
Baptist Health Foundation Paducah Inc is located in Paducah, KY. The organization was established in 2009. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 08/2021, Baptist Health Foundation Paducah Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Health Foundation Paducah Inc 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 08/2021, Baptist Health Foundation Paducah Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $571.5k during the year ending 08/2021. While expenses have increased by 4.2% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SERVE AS AN INSTRUMENT TO ASSIST, ADVANCE AND STRENGTHEN BAPTIST HEALTH PADUCAH, A HOSPITAL OWNED AND OPERATED BY BAPTIST HEALTHCARE SYSTEM, INC. IN ITS MISSION OF SERVICE BY ENHANCING THE HEALTH OF THE PEOPLE AND COMMUNITIES WE SERVE.TO ENCOURAGE, SOLICIT, RECEIVE AND ADMINISTER GIFTS, BEQUESTS, DONATIONS AND BENEFACTIONS MADE TO OR FOR THE BENEFIT OF BAPTIST HEALTH PADUCAH OR TO THE CORPORATION, AND TO SUPPLY AND PROVIDE GREATER CONTINUITY AND UNIFORMITY IN THE CONTROL, MANAGEMENT AND DISTRIBUTION OF GIFTS, BEQUESTS, DONATIONS AND BENEFACTIONS, AND IN FURTHERING THE MISSION OF BAPTIST HEALTH PADUCAH AND BAPTIST HEALTHCARE SYSTEM, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher M Roty President & Director | OfficerTrustee | 1 | $0 |
Roy Riley Chairman & Director | OfficerTrustee | 1 | $0 |
Mardie Herndon Vice Chair & Director | OfficerTrustee | 1 | $0 |
Amanda Mcelroy-Gray Asst Secretary (through 2/28/21) | Officer | 40 | $0 |
Stephen R Oglesby Treasurer | Officer | 1 | $0 |
Janel Tate Asst Sec (effective 5/4/21) | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $320,676 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,129,740 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,450,416 |
| Total Program Service Revenue | $0 |
| Investment income | $108,310 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,227,784 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,786,510 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $233,053 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $207,379 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $44,498 |
| Payroll taxes | $14,745 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,190 |
| Office expenses | $14,797 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,959 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $595 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $571,518 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,489,360 |
| Pledges and grants receivable | $552,901 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $327,495 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $8,101,721 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,471,477 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| 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 | $150,956 |
| Total liabilities | $150,956 |
| Net assets without donor restrictions | $2,449,295 |
| Net assets with donor restrictions | $8,871,226 |
| 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 | $11,471,477 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Baptist Health Foundation Paducah Inc has recieved totaling $1,094,799.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of West Kentucky Inc Paducah, KY PURPOSE: PROGRAM SUPPORT | $1,026,901 |
American Endowment Foundation Hudson, OH PURPOSE: HEALTH, GENERAL | $28,860 |
Whas Crusade For Children Inc Louisville, KY PURPOSE: $17,000.00 FOR ITEMS 1-4 AND ITEMS 6-7 (PANDA IRES BEDDED WARMERS, SCALES-PANDA IN-BED, INSTRUMENT SHELF AND PANDA WARMER ADAPTERS AND ACCESSORIES.) NO FUNDING ALLOWED FOR THE 3-YEAR TECHNOLOGY OBSOLESCENCE PROTECTION OR ASSEMBLY AND INSTALLATION COSTS. (NOT TO EXCEED AMOUNTS REQUESTED FOR EACH LINE ITEM.) | $17,000 |
Ronald Mcdonald House Charities Inc Paducah, KY PURPOSE: EDUCATIONAL ACTIVITIES FOR CHILDREN | $11,038 |
Edward D Jones & Company Foundation St Louis, MO PURPOSE: HEALTH/HUMAN SERVICES | $10,000 |
Baird Foundation Inc Milwaukee, WI PURPOSE: HEALTH AND HUMAN SERVICES | $1,000 |
Endowment Analysis
| Beg. Balance | $6,455,745 |
| Earnings | $147,487 |
| Net Contributions | $921,589 |
| Other Expense | $212,127 |
| Ending Balance | $7,312,694 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Somc Medical Care Foundation Inc Portsmouth, OH | $14,653,193 | $44,708,757 |
Sinai Health System Chicago, IL | $281,453,478 | $93,419,606 |
The Foundation For Barnes-Jewish Hospital St Louis, MO | $993,230,579 | $106,273,508 |
Deaconess Health System Inc Evansville, IN | $144,110,992 | $33,405,417 |
Norton Properties Inc Louisville, KY | $374,509,086 | $60,233,665 |
Freeport Regional Health Care Found Ation Freeport, IL | $44,647,544 | $45,400,897 |
West Virginia University Hospitals East Inc Martinsburg, WV | $676,755 | $63,515,006 |
Ann & Robert H Lurie Childrens Hospital Of Chicago Foundation Chicago, IL | $630,869 | $58,277,786 |
Sheet Metal Workers National Health Fund Goodlettsville, TN | $59,855,607 | $61,652,205 |
Ascension Medical Group Genesys St Louis, MO | $56,901,611 | $50,467,195 |
Corvesta Inc Roanoke, VA | $82,180,783 | -$1,235,003 |
Associates Health Trust Solon, OH | $8,159,190 | $46,591,493 |