Baptist Health Properties Inc
- Assets
- $119.2m
- Revenue
- $9.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 08/1985
- Data as of
- 09/2021
- EIN
- 59-2487133
Organization Overview
Baptist Health Properties Inc is located in Jacksonville, FL. The organization was established in 1985. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is the central organization for a national or regional group of organizations. Baptist Health Properties 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 Properties Inc generated $9.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $8.3m during the year ending 09/2021. While expenses have increased by 3.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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
BAPTIST HEALTH PROPERTIES, INC. (BHP) OWNS AND MANAGES VARIOUS REAL ESTATE PROPERTIES THAT ARE PRIMARILY LEASED TO VARIOUS HEALTHCARE-RELATED ENTITIES THAT ARE PART OF BAPTIST HEALTH SYSTEM, INC. (BHS), AN EXEMPT 501(C)(3) CHARITABLE HOSPITAL SYSTEM LOCATED IN NORTHEAST FLORIDA, AS WELL AS OTHER 501(C)(3) MEDICAL-RELATED ENTITIES. THESE PROPERTIES INCLUDE MEDICAL OFFICE BUILDINGS WITHIN CLOSE PROXIMITY TO BHS'S FIVE HOSPITALS, FREE PARKING LOTS FOR EMPLOYEES AND PATIENTS, AND VACANT LAND FOR FUTURE USE. DURING THE 2021 TAX YEAR, BHP COMPLETED CONSTRUCTION ON THE NEW BAPTIST HEALTHPLACE AT NOCATEE. IN ADDITION, BHP PURCHASED THE FORMER VYSTAR CREDIT UNION BUILDING IN CLAY COUNTY ON JANUARY 6, 2021, AND SUBSEQUENTLY CONVEYED TITLE TO THE PROPERTY TO PAVILION HEALTH SERVICES, INC. (PHS) ON JUNE 23, 2021. BHP PURCHASED 1.8 ACRES OF UNDEVELOPED LAND IN THE BARTRAM WALK WEST COMMERCIAL DEVELOPMENT IN ST. JOHNS COUNTY ON APRIL 13, 2021, AND SUBSEQUENTLY CONVEYED TITLE TO THE PROPERTY TO PHS ON JULY 6, 2021. BHP PURCHASED 8.5 ACRES OF UNDEVELOPED LAND IN ST. AUGUSTINE CENTRE IN ST. JOHNS COUNTY ON MAY 25, 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former President (as Of 12/31/19) | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
City Wide Facility Solutions Commercial Cleaning | 9/29/21 | $589,728 |
Commercial Construction Svc Construction | 9/29/21 | $578,075 |
Callisonrtkl Inc Architect | 9/29/21 | $652,203 |
Jds Real Holdings Llc Business Management Consulting | 9/29/21 | $436,431 |
Mccall Construction Management Llc Construction | 9/29/21 | $2,492,420 |
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 | $9,788,818 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,788,818 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $2,880 |
| Fees for services: Legal | $9,238 |
| 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 | $483,696 |
| Advertising and promotion | $0 |
| Office expenses | $567,075 |
| Information technology | $63,030 |
| Royalties | $0 |
| Occupancy | $6,269,823 |
| Travel | $1,370 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $136,263 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $751,226 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $8,320,177 |
| 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 | $304,208 |
| Net Land, buildings, and equipment | $117,961,913 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $886,785 |
| Total assets | $119,152,906 |
| Accounts payable and accrued expenses | $2,420,836 |
| 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 | $106,534,882 |
| Total liabilities | $108,955,718 |
| Net assets without donor restrictions | $10,197,188 |
| 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 | $119,152,906 |
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| Organization Name | Assets | Revenue |
|---|---|---|
Hamilton Health Care System Inc Dalton, GA | $145,238,251 | $25,063,501 |
Jay Hospital Inc Pensacola, FL | $3,574,214 | $13,196,115 |
Columbus Regional Healthcare System Inc Columbus, GA | $140,523,783 | $3,389,845 |
Gwinnett Medical Group Inc Atlanta, GA | $0 | $5,888,799 |
Northeast Florida Health Services Inc Deland, FL | $5,252,844 | $10,727,539 |
Saint Josephs Health System Inc Atlanta, GA | $191,737,988 | $19,576,654 |
Community Health Corporation Sarasota, FL | $16,466,586 | $10,162,637 |
Baptist Health System Inc Birmingham, AL | $221,068,420 | $14,965,128 |
Foundation For A Healthy St Petersburg Inc St Petersburg, FL | $167,608,325 | $8,878,473 |
Baptist Health Properties Inc Jacksonville, FL | $119,152,906 | $9,788,818 |
Coastal Health Systems Of Brevard Inc Rockledge, FL | $8,057,581 | $9,003,462 |
Live Well Foundation Of South Lake Clermont, FL | $165,195,594 | $16,473,467 |