Baptist Medical Center Of Nassau I Nc
- Assets
- $155.0m
- Revenue
- $97.5m
- Investments
- $0.0
- Employees
- 571
- Location
- Jacksonville, FL
- Founding
- 09/1994
- Data as of
- 09/2023
- EIN
- 59-3234721
Organization Overview
Baptist Medical Center Of Nassau I Nc, operating under the name Baptist Medical Center Nassau, is located in Jacksonville, FL. The organization was established in 1994. 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 09/2023, Baptist Medical Center Nassau employed 571 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Baptist Medical Center Nassau 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 Medical Center Nassau generated $97.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $82.8m during the year ending 09/2023. While expenses have increased by 4.0% 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 2015, Baptist Medical Center Nassau has awarded 60 individual grants totaling $3,605,755. 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
990T
Mission & Program ActivityExcerpts From the 990T 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:
BAPTIST MEDICAL CENTER OF NASSAU, INC. (BMCN) IS A HIGHLY ADVANCED, EXTREMELY WELL-EQUIPPED COMMUNITY HOSPITAL LOCATED ON AMELIA ISLAND, SERVING NASSAU COUNTY AND ITS SURROUNDING AREA. THE HOSPITAL PROVIDES A FULL SPECTRUM OF INPATIENT AND OUTPATIENT SERVICES AND 24-HOUR EMERGENCY CARE. THE MEDICAL STAFF INCLUDES HIGHLY TRAINED PHYSICIANS IN 26 DIFFERENT SPECIALTIES ALONG WITH A 24/7 HOSPITALIST PROGRAM. BMCN IS AN ACCREDITED CHEST PAIN CENTER, ACUTE STROKE READINESS HOSPITAL AND HAS EARNED ANCC MAGNET RECOGNITION FOR EXCELLENCE IN PATIENT CARE AND NAMED TOP GENERAL HOSPITAL BY THE LEAPFROG GROUP WITH SAFETY GRADE A. BAPTIST NASSAU OFFERS MANY ADVANCED SERVICES AND TECHNOLOGIES NOT TYPICALLY SEEN IN A COMMUNITY HOSPITAL INCLUDING A 30,000 SQUARE FOOT SURGERY/PROCEDURAL CENTER, ADVANCED IMAGING (64-CHANNEL CT AND MRI), BREAST HEALTH PROGRAM WITH DIGITAL 3D MAMMOGRAPHY, 24/7 INTENSIVIST COVERAGE ICU THROUGH TELEMEDICINE, NON-INVASIVE CARDIOLOGY AND CARDIAC REHABILITATION CENTER. INPATIENTS ARE CARED FOR IN A MODERNIZED BUILDING, WHICH OFFERS 48 PRIVATE PATIENT SUITES. BMCN WAS ONE OF THE FIRST COMMUNITY HOSPITALS IN THE NATION TO CONVERT TO AN ELECTRONIC MEDICAL RECORD SYSTEM. BAPTIST MEDICAL CENTER OF NASSAU IS FULLY INTEGRATED WITHIN A FIVE HOSPITAL SYSTEM OF BAPTIST HEALTH SYSTEM, INC. (BHS). INPATIENT PEDIATRIC CARE IS PROVIDED BY WOLFSON CHILDREN'S HOSPITAL IN JACKSONVILLE. DURING THE FISCAL YEAR, THERE WERE 409 EMPLOYEES, 62 BEDS, 4,487 ADMISSIONS ACCOUNTING FOR 12,697 PATIENT DAYS, AND 23,406 EMERGENCY ROOM VISITS. AS PART OF BHS, THE REGION'S ONLY COMMUNITY-OWNED, FAITH-BASED HEALTHCARE SYSTEM, BMCN IS COMMITTED TO IMPROVING THE HEALTH OF EVERYONE IN ITS COMMUNITY, REGARDLESS OF THEIR ABILITY TO PAY. BMCN PROVIDED THE FOLLOWING UNCOMPENSATED CARE AND COMMUNITY BENEFIT FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2023: (1) CHARITY CARE, $2.3 MILLION, (2) UNREIMBURSED MEDICAID COSTS, $0, (3) UNREIMBURSED MEDICARE COSTS, $12.3 MILLION, AND (4) SPECIFIC COMMUNITY PROGRAMS, $734 THOUSAND, FOR A TOTAL OF $15.3 MILLION OF UNCOMPENSATED CARE AND COMMUNITY BENEFIT. BMCN'S PRIMARY FOCUS IS ADDRESSING UNMET HEALTH NEEDS, PARTICULARLY AMONG VULNERABLE POPULATIONS WHO HAVE LIMITED RESOURCES AND ACCESS TO HEALTH CARE. BMCN HAS GONE BEYOND THE DELIVERY OF ESSENTIAL HEALTH CARE TO IMPROVE THE LIVES OF INDIVIDUALS AND THE OVERALL QUALITY OF LIFE IN OUR REGION. BAPTIST HEALTH'S COMMUNITY HEALTH COMMITTEE GUIDES THE COMMUNITY HEALTH EFFORTS. THIS COMMITTEE PROVIDES STRATEGIC DIRECTION RELATED TO COMMUNITY HEALTH ACTIVITIES AND ENSURES FOCUS ON KEY PRIORITIES THAT ALIGN WITH BAPTIST HEALTH'S MISSION. A CORNERSTONE OF OUR COMMITMENT TO THE COMMUNITY IS CARING FOR THE HEALTH OF VULNERABLE, UNINSURED AND UNDERSERVED PEOPLE AMONG US. ONE OF BMCN'S GUIDING PRINCIPLES OF COMMUNITY HEALTH IS TO COLLABORATE WITH OTHER LOCAL ORGANIZATIONS TO LEVERAGE OUR COLLECTIVE EXPERTISE AND STRENGTH FOR THE HEALTH BENEFITS OF THE COMMUNITY. THIS COLLABORATIVE APPROACH HELPS ENSURE EFFICIENCY AND AVOIDS DUPLICATION OF EFFORT, RESULTING IN ENHANCEMENT OF THE LIVES OF AREA RESIDENTS AT EVERY LIFE STAGE AND INCOME LEVEL. BMCN COMMUNITY HEALTH NEEDS ASSESSMENT INCLUDES: (1) ACCESS TO CARE (2) MENTAL AND BEHAVIORAL HEALTH (3) POVERTY (4) CHRONIC DISEASE (5) MATERNAL AND CHILD HEALTH (6) TRANSPORTATION, (7) HOUSING, (8) CANCER AND (9) SOCIAL DETERMINANTS OF HEALTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice Chair | OfficerTrustee | 0.5 | $0 |
Name Not Listed Chair/former Secretary/treasurer (as Of 03.27.23) | OfficerTrustee | 0.5 | $0 |
Name Not Listed President | OfficerTrustee | 0.5 | $0 |
Name Not Listed Director | Trustee | 0.1 | $0 |
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 |
|---|---|---|
Jacksonvile Orthopedic Institute Physician Contracts | 9/29/23 | $338,000 |
Pediatrix Medical Group Of Fl Medical Services | 9/29/23 | $499,995 |
Yash P Sangwan Md Pa Medical Services | 9/29/23 | $194,000 |
Amelia Anesthesia Pl Anesthesia Provider | 9/29/23 | $1,272,175 |
Sammy Perkins Md Pc Medical Services | 9/29/23 | $165,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $82,251 |
| 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 | $82,251 |
| Total Program Service Revenue | $96,273,669 |
| Investment income | $1,119,296 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $19,491 |
| Net Gain/Loss on Asset Sales | $10,940 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $97,505,938 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $998,101 |
| 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. | $426,944 |
| Compensation of current officers, directors, key employees. | $213,472 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,965,021 |
| Pension plan accruals and contributions | $1,533,671 |
| Other employee benefits | $6,412,839 |
| Payroll taxes | $2,298,620 |
| Fees for services: Management | $975,130 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,910 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,209,015 |
| Advertising and promotion | $183,796 |
| Office expenses | $6,033,291 |
| Information technology | $620,162 |
| Royalties | $0 |
| Occupancy | $3,233,690 |
| Travel | $4,013 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $54,713 |
| Interest | $1,581 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,724,073 |
| Insurance | $343,529 |
| All other expenses | $565,212 |
| Total functional expenses | $82,810,276 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $925 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,537,310 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,611,614 |
| Prepaid expenses and deferred charges | $3,852,841 |
| Net Land, buildings, and equipment | $72,063,067 |
| Investments—publicly traded securities | $15,306,525 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,669,057 |
| Total assets | $155,041,339 |
| Accounts payable and accrued expenses | $7,482,942 |
| 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 | $9,354,899 |
| Total liabilities | $16,837,841 |
| Net assets without donor restrictions | $133,494,142 |
| Net assets with donor restrictions | $4,709,356 |
| 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 | $155,041,339 |
Grants Awarded
Over the last fiscal year, Baptist Medical Center Of Nassau I Nc has awarded $998,101 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
FLORIDA ESSENTIAL HEALTHCARE PARTNERSHIPS FOUNDATION PURPOSE: The Charitable Purpose of Florida Essential Healthare Partnerships Foundation is to increase the amount of Medicaid funding available to support medical care for the medically indigent population in various counties in the state of Florida. The Grant Program is designed to increrase the flow of medicaid and other supplemental federal healthcare funds to Florida Patients, consistent with applicable federal and state requirements. | $261,408 |
SULBACHER IM CENTER HOMELESS PURPOSE: To empower homeless and at risk women, children and men through health, housing and income services thereby restoring hope and self-sufficiency. | $120,017 |
NORTHEAST FL HEALTHY START 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, that will identify the needs of its service area, devise and implement a service plan to meet the identified needs pursuant to Florida Statutes on a continuing basis. | $111,782 |
BOYS & GIRLS CLUB OF NASSAU PURPOSE: To support the after-school and summer programs which benefit the community's youth. | $27,095 |
NASSAU COUNTY COUNCIL ON AGING PURPOSE: To enhance the lives of older adults through services and compassionate care designed to improve health, independence, and economic security of Nassau seniors and their families. | $161,200 |
BARNABAS CENTER PURPOSE: TO AFFORD RESIDENTS OF NASSAU COUNTY, FLORIDA TEMPORARY AID DURING CRISIS SITUATIONS THAT ARISE DUE TO UNFORESEEN CIRCUMSTANCES. | $156,000 |