Baptist Health Richmond Inc
- Assets
- $0.0
- Revenue
- $105.3m
- Investments
- $0.0
- Employees
- 661
- Location
- Louisville, KY
- Founding
- 03/1940
- Data as of
- 08/2019
- EIN
- 61-0461940
Organization Overview
Baptist Health Richmond Inc is located in Louisville, KY. The organization was established in 1940. 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 08/2019, Baptist Health Richmond Inc employed 661 individuals. Baptist Health Richmond 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 08/2019, Baptist Health Richmond Inc generated $105.3m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $101.9m during the year ending 08/2019. While expenses have increased by 5.5% per year over the past 3 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE QUALITY HEALTH CARE BY A TEAM OF HIGHLY-SKILLED PHYSICIANS & STAFF THROUGH NURTURING, PERSONALIZED SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas G Owen DMD Director | Trustee | 2 | $0 |
Earl Baldwin Director & Vice Chair | OfficerTrustee | 2 | $0 |
Harry Moberly Jr Director | Trustee | 2 | $0 |
Helen Fardo Director | Trustee | 2 | $0 |
Jeffrey Fultz Director & Chair | OfficerTrustee | 2 | $0 |
Kristi Runyon Middleton Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aramark Cts Inc Hospital Services | 8/30/19 | $1,092,456 |
Anesthesia Service Pllc Hospital Services | 8/30/19 | $962,659 |
Morrison Healthcare Inc Construction Services | 8/30/19 | $691,176 |
Siemens Medical Solutions Usa Hospital Services | 8/30/19 | $472,480 |
Labcorp Inc Hospital Services | 8/30/19 | $326,558 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $214,731 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,279 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $232,010 |
| Total Program Service Revenue | $98,691,813 |
| Investment income | $1,072,008 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $225,247 |
| Net Gain/Loss on Asset Sales | $597,607 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $105,302,540 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $186,712 |
| 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 | $29,029,800 |
| Pension plan accruals and contributions | $2,002,268 |
| Other employee benefits | $3,647,612 |
| Payroll taxes | $2,191,344 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $111,891 |
| 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 | $3,757,424 |
| Advertising and promotion | $7,309 |
| Office expenses | $16,570,953 |
| Information technology | $15,216 |
| Royalties | $0 |
| Occupancy | $1,496,159 |
| Travel | $62,352 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,034 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,778,044 |
| Insurance | $1,501,501 |
| All other expenses | $1,603,484 |
| Total functional expenses | $101,887,388 |
| 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 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Baptist Health Richmond Inc has awarded $156,025 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DANIEL ELLIS FOUNDATION PURPOSE: General Support | $5,000 |
BAPTIST HEALTH FOUNDATION RICHMOND PURPOSE: General Support | $151,025 |