Baptist Health System Inc
- Assets
- $614.6m
- Revenue
- $325.5m
- Investments
- $0.0
- Employees
- 3,499
- Location
- Jacksonville, FL
- Founding
- 08/1985
- Data as of
- 09/2023
- EIN
- 59-2487136
Organization Overview
Baptist Health System 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. As of 09/2023, Baptist Health System Inc employed 3,499 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Health System 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 09/2023, Baptist Health System Inc generated $325.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $443.2m during the year ending 09/2023. While expenses have increased by 12.7% per year over the past 8 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 2016, Baptist Health System Inc has awarded 46 individual grants totaling $1,751,160. 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
2023
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 SYSTEM, INC. (THE PARENT) IS A TAX-EXEMPT PARENT HOLDING COMPANY LOCATED IN JACKSONVILLE, FLORIDA, WHOSE PRIMARY PURPOSE IS TO DIRECT THE AFFAIRS OF A MULTI-ENTITY HEALTHCARE SYSTEM (BHS), WHICH INCLUDES THE FOLLOWING ENTITIES: (1) SOUTHERN BAPTIST HOSPITAL OF FLORIDA, INC. (SBHF) - A TAX-EXEMPT ORGANIZATION THAT OPERATES THREE ACUTE CARE HOSPITALS, BAPTIST MEDICAL CENTER - JACKSONVILLE (BMCJ), BAPTIST MEDICAL CENTER - SOUTH (BMCS), AND BAPTIST MEDICAL CENTER - CLAY (BMCC); ONE CHILDREN'S HOSPITAL, WOLFSON CHILDREN'S HOSPITAL (WCH), AND THREE EMERGENCY CARE CENTERS, BAPTIST EMERGENCY CENTER TOWN CENTER (BMTC), BAPTIST EMERGENCY CENTER NORTH (BECN), AND BAPTIST EMERGENCY CENTER OAKLEAF (BECO). BMCC WAS A FREESTANDING EMERGENCY CENTER UNTIL IT BEGAN PROVIDING INPATIENT SERVICES ON DECEMBER 19, 2022. THE FOUR HOSPITALS HAVE 513,357,102, AND 257 LICENSED BEDS, RESPECTIVELY, (2) BAPTIST MEDICAL CENTER OF THE BEACHES, INC. (BMCB): A TAX-EXEMPT, 146-BED ACUTE CARE HOSPITAL, (3) BAPTIST MEDICAL CENTER OF NASSAU, INC. (BMCN): A TAX-EXEMPT, 62-BED ACUTE CARE HOSPITAL, (4) BAPTIST HEALTH PROPERTIES, INC. (BHP): A TAX-EXEMPT REAL ESTATE HOLDING COMPANY, (5) BAPTIST HEALTH AMBULATORY SERVICES, INC. (ASI): A TAX-EXEMPT ENTITY THAT ENGAGES IN HEALTHCARE RESEARCH ACTIVITIES, (6) PAVILION HEALTH SERVICES, INC. (PHS): A TAXABLE ENTITY THAT PROVIDES VARIOUS HEALTHCARE AND RELATED SUPPORT SERVICES SUCH AS RETAIL PHARMACEUTICAL SERVICES, HOME INFUSION SERVICES, AND PRIMARY CARE SERVICES, (7) BAPTIST PHYSICIAN PARTNERS, LLC (BPP): A NON-TAXABLE, DISREGARDED ENTITY WHOSE SOLE MEMBER IS BAPTIST HEALTH SYSTEM, INC., A TAX-EXEMPT PARENT ORGANIZATION. BPP OPERATES A CLINICALLY-INTEGRATED NETWORK INTENDED TO ACHIEVE IMPROVEMENTS IN HEALTHCARE QUALITY AND EFFICIENCY IN THE NORTHEAST FLORIDA COMMUNITY, (8) BAPTIST HEALTH SYSTEM FOUNDATION, INC. (BHSF) - A PUBLIC FOUNDATION WITH THE PRIMARY PURPOSE OF RAISING FUNDS TO SUPPORT THE ACTIVITIES OF THE TAX-EXEMPT MEMBERS OF BHS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Name Not Listed Vice Chair/chair Elect | OfficerTrustee | 0.5 | $0 |
Name Not Listed Chair | OfficerTrustee | 0.5 | $0 |
Name Not Listed President/ceo | OfficerTrustee | 36 | $1,457,401 |
Name Not Listed Director | Trustee | 0.1 | $0 |
Name Not Listed Director | Trustee | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Med Metrix Llc Performance Management | 9/29/23 | $13,739,829 |
Medasource Llc Healthcare Management | 9/29/23 | $10,192,354 |
Nuco Health Llc It Solutions | 9/29/23 | $5,049,904 |
Communication Technology Services Llc Connectivity Solutions | 9/29/23 | $4,166,349 |
Coastal Cloud Llc Salesforce Solutions | 9/29/23 | $4,035,000 |
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 | $315,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $315,000 |
| Total Program Service Revenue | $442,909,584 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | -$117,771,602 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,320 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $325,472,302 |
| 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. | $10,117,744 |
| Compensation of current officers, directors, key employees. | $5,058,872 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $169,888,330 |
| Pension plan accruals and contributions | $9,328,193 |
| Other employee benefits | $42,432,211 |
| Payroll taxes | $15,524,800 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,767,824 |
| Fees for services: Accounting | $547,486 |
| Fees for services: Lobbying | $56,625 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,334,570 |
| Advertising and promotion | $3,254,569 |
| Office expenses | $42,144,502 |
| Information technology | $55,622,272 |
| Royalties | $0 |
| Occupancy | $8,154,033 |
| Travel | $639,151 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,907,693 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,647,890 |
| Insurance | $836,818 |
| All other expenses | $733,226 |
| Total functional expenses | $443,224,584 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $278,787,609 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,550,034 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $209,186 |
| Prepaid expenses and deferred charges | $17,319,618 |
| Net Land, buildings, and equipment | $75,770,927 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $181,540,329 |
| Intangible assets | $0 |
| Other assets | $58,426,140 |
| Total assets | $614,603,843 |
| Accounts payable and accrued expenses | $68,432,138 |
| 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 | $180,397,648 |
| Total liabilities | $248,829,786 |
| Net assets without donor restrictions | $365,698,416 |
| Net assets with donor restrictions | $75,641 |
| 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 | $614,603,843 |
Grants Awarded
Over the last fiscal year, Baptist Health System Inc has awarded $82,286 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PROFESSIONAL RESOURCE NETWORK PURPOSE: To Support impared practitioner network assistance within the state of Florida. | $10,000 |
AMERICAN HEART ASSOCIATION PURPOSE: To support activities related to the casuses, diagnosis, prevention, and treatment of cardiovascular disease, stroke, and other related diseases. | $72,286 |