Baptist Memorial Hospital Union City Inc
- Assets
- $31.7m
- Revenue
- $43.0m
- Investments
- $0.0
- Employees
- 398
- Location
- Union City, TN
- Founding
- 03/1984
- Data as of
- 09/2020
- EIN
- 62-1138045
Organization Overview
Baptist Memorial Hospital Union City Inc is located in Union City, TN. The organization was established in 1984. 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 09/2021, Baptist Memorial Hospital Union City Inc employed 398 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Memorial Hospital Union City 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 09/2020, Baptist Memorial Hospital Union City Inc generated $43.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $42.0m during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
BAPTIST MEMORIAL HOSPITAL-UNION CITY, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BAPTIST MEMORIAL HOSPITAL-UNION CITY, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION AND STABILITY OF BAPTIST MEMORIAL HOSPITAL-UNION CITY, INC., IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES, AND FURTHER, THAT THE MISSION OF BAPTIST MEMORIAL HOSPITAL-UNION CITY, INC. IS TO SERVE THE COMMUNITY WITH RESPECT TO PROVIDING HEALTH CARE SERVICES AND HEALTH CARE EDUCATION. THEREFORE, IN KEEPING WITH ITS COMMITMENT TO SERVE ALL MEMBERS OF ITS COMMUNITY, BAPTIST MEMORIAL HOSPITAL-UNION CITY, INC. PROVIDES THE FOLLOWING:
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa A Ervin Pharmacist | 40 | $127,764 | |
Carol Tate Pharmacist | 40 | $125,519 | |
Willa Carr Pharmacist | 40 | $120,414 | |
Selina Segraves Pharmacist | 40 | $119,743 | |
Lori A Brown Chief Nursing Officer | Officer | 40 | $118,672 |
Andrew M Jackson Director-Rehabilitation | 40 | $102,228 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Team Health Physician Services | 9/29/21 | $676,664 |
Morrison Management Specialists Inc Management Services | 9/29/21 | $514,939 |
Union City Anesthesia Grp Llp Anesthesia Services | 9/29/21 | $330,000 |
Linen King Llc Linen Services | 9/29/21 | $169,647 |
Alliance Healthcare Services Radiology Services | 9/29/21 | $162,450 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,164,925 |
| Investment income | $25,455 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$112,404 |
| 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 | $42,978,738 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $100 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $261,964 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,434,187 |
| Pension plan accruals and contributions | $482,378 |
| Other employee benefits | $2,620,143 |
| Payroll taxes | $1,024,511 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,200 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $4,616 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,861,492 |
| Advertising and promotion | $70,305 |
| Office expenses | $1,182,516 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $923,228 |
| Travel | $24,493 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,114 |
| Interest | $2,909 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,324,391 |
| Insurance | $591,409 |
| All other expenses | $0 |
| Total functional expenses | $42,009,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $800 |
| Savings and temporary cash investments | $3,674,032 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,403,124 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,120,472 |
| Prepaid expenses and deferred charges | $321,889 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $65,733 |
| Intangible assets | $0 |
| Other assets | $2,831,471 |
| Total assets | $31,676,994 |
| Accounts payable and accrued expenses | $2,365,782 |
| Grants payable | $0 |
| Deferred revenue | $7,598,157 |
| 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 | $6,919,735 |
| Total liabilities | $16,883,674 |
| 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 | $14,793,320 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Baptist Memorial Hospital Union City Inc has recieved totaling $7,771.
| Awarding Organization | Amount |
|---|---|
Baptist Memorial Health Care Foundation Memphis, TN PURPOSE: VARIOUS MEDICAL AND COMMUNITY PROJECTS | $7,771 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Marys Hospital Ozaukee Inc St Louis, MO | $0 | $119,639,290 |
Maryview Hospital Llc Suffolk, VA | $0 | $126,392,609 |
Leconte Medical Center Knoxville, TN | $91,240,969 | $144,185,798 |
Columbus Regional Healthcare System Whiteville, NC | $197,969,739 | $134,524,668 |
Harnett Health System Inc Dunn, NC | $119,557,525 | $137,837,447 |
Jane Phillips Memorial Medical Center Inc St Louis, MO | $87,499,100 | $121,263,469 |
Lexington Medical Center Lexington, NC | $126,269,827 | $125,126,706 |
Bon Secours-Richmond Community Hospital Richmond, VA | $200,107,508 | $168,768,277 |
Uva Culpeper Medical Center Culpeper, VA | $139,556,597 | $116,029,117 |
Crisp Regional Hospital Inc Cordele, GA | $164,464,771 | $118,380,453 |
Morristown Hamblen Hosp Knoxville, TN | $71,835,132 | $127,114,372 |
Upson County Hospital Inc Thomaston, GA | $251,563,523 | $131,936,777 |