Baptist Health Care Corporation
- Assets
- $0.0
- Revenue
- $105.8m
- Investments
- $0.0
- Employees
- 770
- Location
- Pensacola, FL
- Founding
- 08/1984
- Data as of
- 09/2022
- EIN
- 59-2425151
Organization Overview
Baptist Health Care Corporation is located in Pensacola, FL. The organization was established in 1984. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 09/2022, Baptist Health Care Corporation employed 770 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Health Care Corporation 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 09/2022, Baptist Health Care Corporation generated $105.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $87.4m during the year ending 09/2022. While expenses have increased by 6.9% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HELPING PEOPLE THROUGHOUT LIFE'S JOURNEY.
Describe the Organization's Program Activity:
BAPTIST HEALTH CARE CORPORATION IS RESPONSIBLE FOR STRATEGIC PLANNING, FINANCIAL PLANNING, AND RESOURCE ALLOCATION FOR A MULTI-ENTITY SYSTEM OF HEALTHCARE PROVIDERS IN PENSACOLA, FLORIDA AND THE SURROUNDING NORTHWEST FLORIDA-SOUTH ALABAMA COMMUNITIES; URGENT CARE PATIENT FACILITIES PROVIDING SERVICES TO OUR LOCAL COMMUNITIES. AT YEAR END, THE ACTIVITIES OF BAPTIST HEALTH CARE CORPORATION WERE MERGED INTO BAPTIST HEALTH CARE, INC. AND BAPTIST HEALTH CARE CORPORATION DISSOLVED.
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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/secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Member/chairman | OfficerTrustee | 1 | $0 |
Name Not Listed Member/vice Chairman | OfficerTrustee | 1 | $0 |
Name Not Listed Member | Trustee | 1 | $0 |
Name Not Listed Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ernst & Young Auditing Services | 9/29/22 | $542,471 |
Burwood Group It Consulting | 9/29/22 | $765,338 |
Ray And Brian Llc Dba Blueprint 314 Advertising | 9/29/22 | $495,264 |
Capital Consulting Llc Management Consultants | 9/29/22 | $183,733 |
Sperduto & Associates Management Consultants | 9/29/22 | $167,128 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $89,648,602 |
| Investment income | $7,285,924 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$123,644 |
| Net Gain/Loss on Asset Sales | $8,017,880 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $105,830,380 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $5,984,424 |
| Compensation of current officers, directors, key employees. | $897,664 |
| Compensation to disqualified persons | $151,864 |
| Other salaries and wages | $36,702,426 |
| Pension plan accruals and contributions | $1,004,452 |
| Other employee benefits | $5,689,577 |
| Payroll taxes | $3,061,206 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,449,097 |
| Fees for services: Accounting | $297,086 |
| Fees for services: Lobbying | $10,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,704,662 |
| Advertising and promotion | $919,718 |
| Office expenses | $3,258,569 |
| Information technology | $14,288,717 |
| Royalties | $0 |
| Occupancy | $1,420,456 |
| Travel | $350,842 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $249,697 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,275,229 |
| Insurance | $562,807 |
| All other expenses | $0 |
| Total functional expenses | $87,367,060 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Baptist Health Care Corporation has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ANDREWS RESEARCH & EDUCATION FOUNDATION PURPOSE: RESEARCH & EDUCATION | $25,000 |
UNITED WAY OF ESCAMBIA COUNTY PURPOSE: COMMUNITY OUTREACH | $25,000 |