Baptist Health Care Corporation
- Assets
- $21.2m
- Revenue
- $70.4m
- Investments
- $0.0
- Employees
- 716
- Location
- Pensacola, FL
- Founding
- 08/1984
- Data as of
- 09/2020
- 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 09/2021, Baptist Health Care Corporation employed 716 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 09/2020, Baptist Health Care Corporation generated $70.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $70.2m during the year ending 09/2020. 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.
Since 2015, Baptist Health Care Corporation has awarded 11 individual grants totaling $1,612,624. 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
HELPING PEOPLE THROUGHOUT LIFE'S JOURNEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Faulkner President/ceo | Officer | 40 | $1,169,535 |
Michael Gleason Senior Vp/cfo | Officer | 30 | $771,909 |
M Allison Hill Senior Vp-Bhc/ceo-Lci | Officer | 9 | $523,500 |
Paul B Glisson Vp/chief Medical Officer | Officer | 40 | $516,174 |
Andrew Terry Vice President | Officer | 40 | $427,328 |
Robert Tonkinson Vice President | Officer | 40 | $405,018 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ernst Young Auditing Services | 9/29/21 | $417,138 |
Impact Advisors Consulting | 9/29/21 | $276,248 |
Ray And Brian Llc Dba Blueprint 314 Advertising | 9/29/21 | $372,554 |
Burwood Group It Consulting | 9/29/21 | $885,343 |
Beggs And Lane Legal Services | 9/29/21 | $141,788 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,000 |
| Investment income | $59,416 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$107,335 |
| Net Gain/Loss on Asset Sales | -$112,378 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $70,355,158 |
| 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. | $7,036,702 |
| Compensation to disqualified persons | $139,416 |
| Other salaries and wages | $29,889,491 |
| Pension plan accruals and contributions | $785,638 |
| Other employee benefits | $4,833,109 |
| Payroll taxes | $2,610,675 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $69,820 |
| Fees for services: Accounting | $299,664 |
| Fees for services: Lobbying | $10,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,458,716 |
| Advertising and promotion | $707,104 |
| Office expenses | $2,418,540 |
| Information technology | $11,909,576 |
| Royalties | $0 |
| Occupancy | $1,665,934 |
| Travel | $326,667 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $204,943 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $152,348 |
| Insurance | $418,227 |
| All other expenses | $0 |
| Total functional expenses | $70,212,294 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $735 |
| Savings and temporary cash investments | $7,468,955 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,330,772 |
| 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 | $4,241,129 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,170,013 |
| Total assets | $21,213,767 |
| Accounts payable and accrued expenses | $10,795,622 |
| 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 | $6,018,899 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $16,331,984 |
| Total liabilities | $33,146,505 |
| 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 | -$11,932,738 |
Grants Awarded
Over the last fiscal year, Baptist Health Care Corporation has awarded $100,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Gulf Breeze, FL PURPOSE: RESEARCH & EDUCATION | $25,000 |
Pensacola, FL PURPOSE: COMMUNITY OUTREACH | $25,000 |
Gulf Breeze, FL PURPOSE: RESEARCH & EDUCATION | $25,000 |
Pensacola, FL PURPOSE: COMMUNITY OUTREACH | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Baptist Health Care Corporation has recieved totaling $15,968.
| Awarding Organization | Amount |
|---|---|
American Cancer Society Inc Kennesaw, GA PURPOSE: Patient Support | $10,000 |
Arthroscopy Association Of North America Inc Rosemont, IL PURPOSE: Education | $5,968 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Health Incoporated Augusta, GA | $79,627,857 | $93,887,435 |
Infirmary Health System Inc Mobile, AL | $523,349,196 | $75,336,538 |
Baptist Health Care Corporation Pensacola, FL | $21,213,767 | $70,355,158 |
Morton Plant Mease Health Services Inc Clearwater, FL | $47,164,450 | $51,425,427 |
Genesis Health Inc Jacksonville, FL | $653,224,899 | $57,247,537 |
Morton Plant Mease Health Care Inc Clearwater, FL | $1,413,259,583 | $40,795,652 |
Childrens Healthcare Of Atlanta Inc Atlanta, GA | $8,642,131,252 | $273,611,530 |
Phoebe Putney Health Systems Inc Albany, GA | $658,120,525 | $73,745,193 |
Positive Health Alliance Inc West Palm Beach, FL | $6,721,470 | $29,198,411 |
St Josephs Health Care Center Inc Tampa, FL | $827,469,003 | $23,922,000 |
Southeast Regional Primary Care Corporation Vidalia, GA | $284,890 | $12,032,928 |
Hamilton Health Care System Inc Dalton, GA | $145,238,251 | $25,063,501 |