Southern Baptist Hospital Of Florida Inc
- Assets
- $3.6b
- Revenue
- $1.5b
- Investments
- $0.0
- Employees
- 9,849
- Location
- Jacksonville, FL
- Founding
- 06/1971
- Data as of
- 09/2020
- EIN
- 59-0747311
Organization Overview
Southern Baptist Hospital Of Florida Inc, operating under the name See Schedule O, is located in Jacksonville, FL. The organization was established in 1971. 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 09/2021, See Schedule O employed 9,849 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. See Schedule O 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, See Schedule O generated $1.5b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $1.3b during the year ending 09/2020. While expenses have increased by 4.9% 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.
Since 2015, See Schedule O has awarded 161 individual grants totaling $10,599,899. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
CONTINUE THE HEALING MINISTRY OF CHRIST BY PROVIDING ACCESSIBLE, QUALITY HEALTHCARE SERVICES AT A REASONABLE COST IN AN ATMOSPHERE THAT FOSTERS RESPECT AND COMPASSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOUTHERN BAPTIST HOSPITAL OF FLORIDA, INC. (SBHF) IS A SUBSIDIARY OF BAPTIST HEALTH SYSTEM, INC. (BAPTIST HEALTH), A TAX-EXEMPT PARENT HOLDING COMPANY LOCATED IN JACKSONVILLE, FLORIDA. SBHF IS A TAX-EXEMPT ORGANIZATION THAT OPERATES TWO ACUTE CARE HOSPITALS, BAPTIST MEDICAL CENTER (BAPTIST JACKSONVILLE) AND BAPTIST MEDICAL CENTER SOUTH (BAPTIST SOUTH), AND FOUR EMERGENCY DEPARTMENTS: BAPTIST EMERGENCY CENTER CLAY, BAPTIST EMERGENCY TOWN CENTER, BAPTIST EMERGENCY CENTER NORTH, AND BAPTIST EMERGENCY CENTER OAKLEAF. THE PRIMARY PROGRAM SERVICE ACCOMPLISHMENTS ARE THE OPERATION OF THE HOSPITALS, AND THE FOLLOWING ARE SOME OF THE ACHIEVEMENTS FOR THE ORGANIZATION'S HOSPITALS DURING THE YEAR. THE TWO HOSPITALS HAVE 691 AND 291 LICENSED BEDS, RESPECTIVELY. BAPTIST JACKSONVILLE IS A FULL-SERVICE, MAGNET-DESIGNATED TERTIARY CARE HOSPITAL REPRESENTING NEARLY ALL MAJOR SPECIALTIES. THIS FLAGSHIP HOSPITAL IS ALSO HOME TO THE BAPTIST HEART HOSPITAL, OFFERING COMPREHENSIVE, HIGH-QUALITY CARDIOVASCULAR CARE, AND WOLFSON CHILDREN'S HOSPITAL (WCH), THE ONLY FULL-SERVICE TERTIARY HOSPITAL FOR CHILDREN IN THE REGION, SERVING NORTH FLORIDA, SOUTH GEORGIA, AND BEYOND. WCH IS A PEDIATRIC TRAUMA REFERRAL CENTER AND IS RECOGNIZED YEAR AFTER YEAR AS ONE OF AMERICA'S BEST CHILDREN'S HOSPITALS BY U.S. NEWS & WORLD REPORT. WCH SERVES AS THE MAIN TEACHING FACILITY FOR THE UNIVERSITY OF FLORIDA COLLEGE OF MEDICINE'S PEDIATRIC RESIDENCY TRAINING PROGRAM. FOR FISCAL YEAR 2021, SBHF HAD 68,808 ADMISSIONS ACCOUNTING FOR 309,316 INPATIENT & OBSERVATION DAYS, 281,567 EMERGENCY ROOM VISITS, AND 37,792 SURGERIES. SBHF'S PRIMARY FOCUS IS ADDRESSING UNMET HEALTH NEEDS, PARTICULARLY AMONG VULNERABLE POPULATIONS WHO HAVE LIMITED HEALTH RESOURCES AND ACCESS TO HEALTH CARE. SBHF'S COMMUNITY HEALTH EFFORTS ARE GUIDED BY THE COMMUNITY HEALTH COMMITTEE, WHICH IS COMPRISED OF SELECTED BAPTIST HEALTH BOARD MEMBERS FROM ACROSS OUR HEALTH SYSTEM. A CORNERSTONE OF SBHF'S COMMITMENT TO THE COMMUNITY IS CARING FOR THE HEALTH OF VULNERABLE, UNINSURED AND UNDERSERVED PEOPLE AMONG US. DURING FISCAL YEAR 2021, SBHF PROVIDED THE FOLLOWING UNCOMPENSATED CARE AND COMMUNITY BENEFIT; (1) CHARITY CARE - $45.7 MILLION, (2) UNREIMBURSED MEDICAID COSTS - $39 MILLION, (3) UNREIMBURSED MEDICARE COSTS - $86.1 MILLION, AND (4) SPECIFIC COMMUNITY PROGRAMS - $18 MILLION, FOR A TOTAL OF $188.9 MILLION OF UNCOMPENSATED CARE AND COMMUNITY BENEFITS. MD ANDERSON CANCER CENTER AND BAPTIST HEALTH HAVE UNITED TO CREATE BAPTIST MD ANDERSON CANCER CENTER. THIS PARTNERSHIP BRINGS TOGETHER MD ANDERSON'S WORLD-RENOWNED CANCER EXPERTISE AND BAPTIST HEALTH'S COMPREHENSIVE HEALTH SYSTEM TO CREATE AN UNPRECEDENTED RANGE OF OPTIONS FOR ADULT CANCER PATIENTS IN OUR REGION. THE GOAL OF THE PARTNERSHIP IS TO PROVIDE THE SAME HIGH-LEVEL, MULTIDISCIPLINARY CANCER CARE TO PATIENTS IN NORTHEAST FLORIDA THAT IS AVAILABLE TO MD ANDERSON PATIENTS IN HOUSTON. THIS INCLUDES ALL ASPECTS ALONG THE CONTINUUM OF CANCER CARE -- PATIENT CARE, RESEARCH, EDUCATION AND PREVENTION. THE FOLLOWING ARE SOME OF THE AWARDS AND HONORS RECEIVED BY BAPTIST JACKSONVILLE AND BAPTIST SOUTH: (1) RECIPIENT FROM AMERICAN HEART ASSOCIATION OF GOLD PLUS QUALITY ACHIEVEMENT AWARD FOR STROKE PROGRAM (BAPTIST JACKSONVILLE & BAPTIST SOUTH), (2) RANKED IN U.S. NEWS BEST HOSPITALS IN TWO PEDIATRIC SPECIALTIES - PEDIATRIC DIABETES AND ENDOCRINOLOGY AND PEDIATRIC ORTHOPEDICS AT WOLFSON CHILDREN'S HOSPITAL - DURING 2021-22, (3) LEAPFROG A HOSPITAL (BAPTIST JACKSONVILLE & BAPTIST SOUTH), (4) LEAPFROG NAMED WOLFSON CHILDREN'S HOSPITAL AS A TOP CHILDREN'S HOSPITAL, AND (5) 2017-21 MAGNET RE-DESIGNATION. BAPTIST HEALTH IS THE FIRST AND ONLY HEALTH SYSTEM IN NORTH FLORIDA TO ACHIEVE MAGNET RECOGNITION AS A HEALTH SYSTEM BY THE AMERICAN NURSES CREDENTIALING CENTER. CURRENTLY, ONLY EIGHT PERCENT OF THE HOSPITALS IN THE UNITED STATES ENJOY MAGNET DESIGNATION, WHICH IS CONSIDERED THE GOLD STANDARD FOR RECOGNIZING QUALITY PATIENT CARE, NURSING EXCELLENCE AND INNOVATIONS IN PROFESSIONAL NURSING PRACTICE, AN HONOR FIRST EARNED IN 2007. MANY OTHER AWARDS AND HONORS CAN BE VIEWED AT THE ORGANIZATION'S WEBSITE WWW.BAPTISTJAX.COM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Svp/cmo (as Of 5/4/20) | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mckesson Corporation Medical Supply Distributor | 9/29/21 | $82,289,089 |
Dpr Construction A General Construction Projection Management | 9/29/21 | $56,570,914 |
Owens & Minor Inc Medical Supply Distributor | 9/29/21 | $52,505,267 |
Haskell Company Construction Projection Management | 9/29/21 | $21,757,670 |
Nemours Foundation Pediatric Care | 9/29/21 | $17,808,623 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,843,473 |
| Investment income | $62,941,118 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,521,156 |
| Net Gain/Loss on Asset Sales | $539,498 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,532,425,535 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $5,700 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,423,008 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $468,504,088 |
| Pension plan accruals and contributions | $23,716,829 |
| Other employee benefits | $107,122,678 |
| Payroll taxes | $35,813,761 |
| Fees for services: Management | $5,927,683 |
| Fees for services: Legal | $667,770 |
| Fees for services: Accounting | $705,508 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $102,055,026 |
| Advertising and promotion | $34,374 |
| Office expenses | $74,105,861 |
| Information technology | $5,447,000 |
| Royalties | $203,100 |
| Occupancy | $26,246,361 |
| Travel | $1,067,126 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $706,442 |
| Interest | $26,792,949 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $99,909,644 |
| Insurance | $23,717,875 |
| All other expenses | $0 |
| Total functional expenses | $1,346,554,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,717 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $242,304,682 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $29,791,036 |
| Prepaid expenses and deferred charges | $9,663,491 |
| Investments—publicly traded securities | $1,768,684,605 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,754,175 |
| Other assets | $527,814,233 |
| Total assets | $3,630,662,240 |
| Accounts payable and accrued expenses | $578,052,187 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $654,185,536 |
| 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 | $258,003,472 |
| Total liabilities | $1,490,241,195 |
| 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 | $2,140,421,045 |
Grants Awarded
Over the last fiscal year, Southern Baptist Hospital Of Florida Inc has awarded $2,512,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
Austin, TX PURPOSE: To promote health and the relief of the poor and distressed by improving access, availability and efficiency in the delivery of healthcare services to low-income residents in Florida. | $1,199,205 |
Jacksonville, FL PURPOSE: TO EMPOWER HOMELESS AND AT RISK WOMEN, CHILDREN AND MEN THROUGH HEALTH, HOUSING AND INCOME SERVICES THEREBY RESTORING HOPE AND SELF-SUFFICIENCY. | $267,317 |
BLUE ZONES LLC PURPOSE: To empower everyone, everywhere to live longer, better. | $200,000 |
Jacksonville, FL PURPOSE: TO PROVIDE PERSONALIZED FINE ART EXPERIENCES THAT ENHANCE THE HEALING PROCESS FOR PATIENTS AND THEIR FAMILIES. | $104,167 |
Jacksonville, FL PURPOSE: To establish and maintain a community-based prenatal and infant health care coalition that is comprised of persons representing the public, private sector, state and local government, providers, community alliances and maternal and child health organizations. | $92,655 |
Jacksonville, FL PURPOSE: To provide rehabilitation services to individuals and their families who are suffering from alcoholism & drug abuse, regardless of their ability to pay. | $84,500 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Southern Baptist Hospital Of Florida Inc has recieved totaling $40,181.
| Awarding Organization | Amount |
|---|---|
Northeast Florida Healthcare Coalition Inc Jacksonville, FL PURPOSE: MATERIALS AND TRAINING | $20,181 |
The Nemours Foundation Jacksonville, FL PURPOSE: Donation | $10,000 |
American Cancer Society Inc Kennesaw, GA PURPOSE: Patient Support | $10,000 |
Endowment Analysis
| Beg. Balance | $169,024,389 |
| Earnings | $27,968,132 |
| Net Contributions | $9,554,851 |
| Other Expense | $7,371,159 |
| Ending Balance | $199,176,213 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Community Hospital Inc Tampa, FL | $1,235,213,568 | $915,701,443 |
Morton Plant Hospital Association Inc Clearwater, FL | $1,389,589,934 | $934,836,650 |
Mount Sinai Medical Center Of Florida Inc Miami Beach, FL | $992,427,664 | $901,856,611 |
Shands Jacksonville Medical Center Inc Jacksonville, FL | $750,537,278 | $894,366,475 |
Lakeland Regional Medical Center Inc Lakeland, FL | $799,528,886 | $860,757,084 |
Tallahassee Memorial Healthcare Inc Tallahassee, FL | $1,130,180,703 | $783,859,263 |
Baptist Hospital Inc Pensacola, FL | $1,048,797,666 | $758,112,762 |
Medical Center Of Central Georgia Inc Macon, GA | $1,397,526,718 | $800,413,800 |
Holmes Regional Medical Center Rockledge, FL | $903,830,612 | $776,752,725 |
Phoebe Putney Memorial Hospital Inc Albany, GA | $729,879,818 | $712,342,689 |
Cobb Hospital Marietta, GA | $403,732,052 | $857,038,951 |
South Miami Hospital Inc Miami, FL | $413,367,432 | $763,720,505 |