Baptist Health Care Inc
- Assets
- $1.0b
- Revenue
- $758.1m
- Investments
- $21.7m
- Employees
- 5,970
- Location
- Pensacola, FL
- Founding
- 04/1953
- Data as of
- 09/2021
- EIN
- 59-0657322
Organization Overview
Baptist Health Care Inc is located in Pensacola, FL. The organization was established in 1953. 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, Baptist Health Care Inc employed 5,970 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Health Care 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 09/2021, Baptist Health Care Inc generated $758.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $736.3m during the year ending 09/2021. While expenses have increased by 6.1% per year over the past 7 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, Baptist Health Care Inc has awarded 79 individual grants totaling $8,620,223. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BAPTIST HEALTH CARE, INC. DEDICATES ITS EFFORTS TO THE "HEALING OF HUMANITY'S HURT". IT OPERATES TWO ACUTE CARE HOSPITALS THAT PROVIDE INPATIENT, OUTPATIENT, AND EMERGENCY CARE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL AND SPECIALIZED HEALTH CARE SERVICES. BAPTIST HEALTH CARE, INC. OPERATES TWO PUBLIC NOT-FOR PROFIT HOSPITALS. ON SEPTEMBER 23, 2023, BAPTIST HEALTH CARE, INC. OPENED A NEW MAIN CAMPUS, WHICH INCLUDES A 264-BED TERTIARY CARE HOSPITAL AND 72 BED BEHAVIORAL HEALTH UNIT. THE LARGEST IN THE BAPTIST HEALTH CARE, INC. NETWORK, THE NEW MAIN CAMPUS PROVIDES SPECIALIZED CARE FOR ONCOLOGY, HEART AND VASCULAR, BARIATRICS, ORTHOPAEDICS, NEUROLOGY, TRAUMA, SURGERY, DIAGNOSTIC IMAGING, REHABILITATION, AND PSYCHIATRIC SERVICES. GULF BREEZE HOSPITAL IS A 77-BED GENERAL HOSPITAL PROVIDING ACUTE AND EMERGENCY CARE. SERVICES INCLUDE DIAGNOSTIC IMAGING, SURGERY, LABORATORY AND ORTHOPAEDICS. ALL HOSPITAL AND PHYSICIAN SERVICES, EDUCATION, RESEARCH, AND RELATED SERVICES CONTRIBUTE DIRECTLY OR INDIRECTLY TO MEDICAL DIAGNOSIS, TREATMENT AND RESEARCH, AND TO THE CHRISTIAN MINISTRY OF SERVING THE SICK OR INJURED, THE DISABLED, THE AGED OR AFFLICTED. BAPTIST HEALTH CARE DEDICATES ITS EFFORTS TO THE "HEALING OF HUMANITY'S HURT".
COMMUNITY BENEFIT ACTIVITIES INCLUDING FREE HEALTH SCREENINGS, DONATIONS TO NOT-FOR-PROFIT COMMUNITY ORGANIZATIONS, COMMUNITY HEALTH EDUCATION, MENTORING/SUPPORT GROUPS, CONTINUING MEDICAL EDUCATION, AND OTHER COMMUNITY OUTREACH SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Member/treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Member/vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Member/vice Chairman | OfficerTrustee | 1 | $0 |
Name Not Listed Member/secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Member/chairman | OfficerTrustee | 1 | $0 |
Name Not Listed Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ams Baptist Llc Anesthesia Services | 9/29/23 | $6,717,971 |
Pensacola Hospitalist Physicians Llc Physician Group | 9/29/23 | $5,619,144 |
Gresham Smith Architectural | 9/29/23 | $4,933,252 |
Pensacola Emergency Physicians Emergency Dept Services | 9/29/23 | $2,814,837 |
Beggs & Lane Legal Services | 9/29/23 | $1,676,680 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $971,618 |
| Investment income | $1,786,097 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $200,000 |
| Net Rental Income | $2,022,709 |
| Net Gain/Loss on Asset Sales | $5,877,908 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $758,112,762 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $51,211 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,158,129 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $241,315,033 |
| Pension plan accruals and contributions | $3,779,229 |
| Other employee benefits | $16,419,966 |
| Payroll taxes | $15,125,722 |
| Fees for services: Management | $62,735,605 |
| Fees for services: Legal | $228,505 |
| Fees for services: Accounting | $445,441 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $136,803 |
| Fees for services: Other | $65,407,128 |
| Advertising and promotion | $310,007 |
| Office expenses | $9,813,276 |
| Information technology | $2,044,554 |
| Royalties | $0 |
| Occupancy | $17,118,731 |
| Travel | $698,744 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $91,919 |
| Interest | $6,289,942 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,538,583 |
| Insurance | $4,028,150 |
| All other expenses | $0 |
| Total functional expenses | $736,324,356 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,064,336 |
| Savings and temporary cash investments | $156,749,336 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $73,955,143 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,272,762 |
| Prepaid expenses and deferred charges | $4,514,382 |
| Investments—publicly traded securities | $27,876,356 |
| Investments—other securities | $21,657,460 |
| Investments—program-related | $0 |
| Intangible assets | $6,836,174 |
| Other assets | $395,116,717 |
| Total assets | $1,048,797,666 |
| Accounts payable and accrued expenses | $105,132,717 |
| Grants payable | $635,642 |
| Deferred revenue | $515,626 |
| Tax-exempt bond liabilities | $785,982,409 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,740,585 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $80,712,675 |
| Total liabilities | $976,719,654 |
| Net assets without donor restrictions | $70,865,364 |
| Net assets with donor restrictions | $1,212,648 |
| 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 | $72,078,012 |
Grants Awarded
Over the last fiscal year, Baptist Health Care Inc has awarded $685,708 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: MEDICAL RESEARCH | $10,000 |
AMERICAN CANCER SOCIETY PURPOSE: MEDICAL RESEARCH | $25,000 |
ESCAMBIA COMMUNITY HOLDINGS INC (SRC PORTION) PURPOSE: HEALTHCARE | $492,708 |
HEALTH AND HOPE CLINIC PURPOSE: HEALTHCARE | $7,500 |
UNITED WAY OF WEST FLORIDA PURPOSE: COMMUNITY SERVICES | $20,000 |
STUDER COMMUNITY INSTITUTE INC PURPOSE: COMMUNITY SERVICES | $13,000 |