Baptist Outpatient Services Inc
- Assets
- $72.5m
- Revenue
- $111.1m
- Investments
- $0.0
- Employees
- 650
- Location
- Coral Gables, FL
- Founding
- 06/2003
- Data as of
- 09/2020
- EIN
- 56-2290370
Organization Overview
Baptist Outpatient Services Inc is located in Coral Gables, FL. The organization was established in 2003. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 09/2021, Baptist Outpatient Services Inc employed 650 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Outpatient Services 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 09/2020, Baptist Outpatient Services Inc generated $111.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $110.7m during the year ending 09/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE FORM 990, PART III, LINE 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
SEE SCHEDULE O
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former CEO | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Radiology Associates Of South Florida Pa Physician Services | 9/29/21 | $15,438,074 |
Med-lab Supply Co Maintenance Contracts | 9/29/21 | $2,326,097 |
Siemens Health Services Maintenance Contracts | 9/29/21 | $1,431,253 |
Hologic Inc Maintenance Contracts | 9/29/21 | $839,205 |
Ge Precision Healthcare Llc Maintenance Contracts | 9/29/21 | $1,852,342 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,231,678 |
| Investment income | $7,916 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $21,239 |
| Net Gain/Loss on Asset Sales | -$36,713 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $111,118,872 |
| Statement of Expenses | |
|---|---|
| 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. | $853,178 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,619,328 |
| Pension plan accruals and contributions | $816,579 |
| Other employee benefits | $4,685,417 |
| Payroll taxes | $2,439,674 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $226,752 |
| 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 | $24,479,345 |
| Advertising and promotion | $2,375,544 |
| Office expenses | $3,796,950 |
| Information technology | $8,393,243 |
| Royalties | $0 |
| Occupancy | $10,651,335 |
| Travel | $241,390 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,650 |
| Interest | $211,402 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,708,819 |
| Insurance | $1,711,188 |
| All other expenses | $0 |
| Total functional expenses | $110,740,841 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,014 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,956,172 |
| 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 | $2,633,358 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,271,390 |
| Other assets | $28,645,817 |
| Total assets | $72,512,245 |
| Accounts payable and accrued expenses | $16,270,653 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $5,599,704 |
| 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 | $31,201,988 |
| Total liabilities | $53,072,345 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $19,439,900 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Baptist Outpatient Services Inc has recieved totaling $8,348.
| Awarding Organization | Amount |
|---|---|
Baptist Health South Florida Foundation Inc Coral Gables, FL PURPOSE: OPERATIONS | $8,348 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Florida Jacksonville Physicians Inc Jacksonville, FL | $157,751,210 | $385,524,459 |
Nchmd Inc Naples, FL | $43,477,542 | $127,733,197 |
Mcr Health Inc Bradenton, FL | $52,953,795 | $132,692,059 |
Cooperative Healthcare Services Inc Brunswick, GA | $14,369,691 | $76,135,784 |
Baptist Outpatient Services Inc Coral Gables, FL | $72,512,245 | $111,118,872 |
Columbus Ambulatory Healthcare Services Inc Columbus, GA | $18,745,132 | $56,730,449 |
Borinquen Health Care Center Inc Miami, FL | $25,345,345 | $55,017,243 |
Collier Health Services Inc Immokalee, FL | $85,865,305 | $62,719,568 |
Brevard Health Alliance Inc West Melbourne, FL | $40,519,404 | $57,510,485 |
Careconnect Health Inc Richland, GA | $64,016,478 | $69,742,586 |
St Marys Medical Group Inc Athens, GA | $9,650,726 | $33,044,302 |
Cahaba Medical Care Foundation Centreville, AL | $18,005,567 | $49,779,023 |