Baptist Memorial College Of Health Sciences Inc, operating under the name Baptist Health Sciences University, is located in Memphis, TN. The organization was established in 1996. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 09/2023, Baptist Health Sciences University employed 269 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Health Sciences University 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 Sciences University generated $26.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $23.5m during the year ending 09/2023. While expenses have increased by 5.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PREPARE HEALTH CARE PROFESSIONALS FOR PRACTICE IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILDING ON THE LEGACY OF EDUCATION SINCE 1912, BAPTIST MEMORIAL COLLEGE OF HEALTH SCIENCES, INC., DBA BAPTIST HEALTH SCIENCES UNIVERSITY (BAPTIST UNIVERSITY), IS A PRIVATE INSTITUTION, WHICH SEEKS TO ATTRACT A DIVERSE STUDENT POPULATION WHO SHARES COMMITMENTS TO CHRISTIAN VALUES AND ETHICS, ACADEMIC EXCELLENCE, AND LIFELONG PROFESSIONAL DEVELOPMENT. IN RESPONSE TO THE TRUST EXPECTED OF INSTITUTIONS PREPARING FUTURE HEALTH CARE PROFESSIONALS, THE ACADEMICALLY RIGOROUS ENVIRONMENT REQUIRES STUDENTS' ACTIVE ENGAGEMENT IN LEARNING THROUGH A VARIETY OF INSTRUCTIONAL MODES. IN PARTNERSHIP WITH BAPTIST MEMORIAL HEALTH CARE CORPORATION, BAPTIST UNIVERSITY EXTENDS THE LEARNING ENVIRONMENT BEYOND THE CLASSROOM TO INCLUDE EXPERIENCES FOUND IN HEALTH CARE SETTINGS THROUGHOUT THE MID-SOUTH. THE ADMINISTRATION, FACULTY AND STAFF OF BAPTIST UNIVERSITY BELIEVE THAT THE UNIVERSITY HAS A RESPONSIBILITY TO THE COMMUNITY BEYOND THAT OF PREPARING COMPETENT HEALTH CARE PRACTITIONERS. THAT RESPONSIBILITY INCLUDES SERVING AS A HEALTH CARE RESOURCE AND PROVIDING VOLUNTEER SERVICES IN A VARIETY OF WAYS. THE ACTIVE PARTICIPATION OF STAFF AND THE OPPORTUNITY FOR INVOLVEMENT OF STUDENTS PROMOTES THE SPIRIT OF VOLUNTEERISM. THIS CONTINUING COMMITMENT TO VOLUNTEERISM WILL AFFECT NOT ONLY THE PRACTICE OF GRADUATES BUT ALSO THEIR LIVES AS CITIZENS AND MEMBERS OF THE COMMUNITY.BAPTIST UNIVERSITY WAS CHARTERED IN DECEMBER 1994 AS A SPECIALIZED UNIVERSITY OFFERING BACCALAUREATE DEGREES IN NURSING (BSN) AND HEALTH SCIENCES (BHS). BAPTIST UNIVERSITY IS ACCREDITED BY THE COMMISSION ON COLLEGES OF THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS (SACSCOC) TO AWARD THE ASSOCIATE OF SCIENCE, BACHELOR OF SCIENCE IN NURSING, BACHELOR OF HEALTH SCIENCES, DOCTOR OF NURSING PRACTICE AND DOCTOR OF OSTEOPATHIC MEDICINE. ALLIED HEALTH, NURSING, AND OSTEOPATHIC PROGRAMS ARE ACCREDITED BY THE APPROPRIATE NATIONAL PROFESSIONAL ORGANIZATIONS. IN ADDITION, THE NURSING PROGRAMS ARE APPROVED BY THE TENNESSEE BOARD OF NURSING. BAPTIST UNIVERSITY ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL OR ETHNIC ORIGIN. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL OR ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSION POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL ADMINISTERED PROGRAMS. DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2023, BAPTIST UNIVERSITY ENROLLED 1,046 DIFFERENT STUDENTS IN THE FOLLOWING PROGRAMS: - BACCALAUREATE/ASSOCIATE TRADITIONAL - 929 - BACCALAUREATE COMPLETION - 34 - SPECIAL STUDENTS - 61 - DUAL ENROLLMENT STUDENTS (NON-DEGREE SEEKING) - 0 - GRADUATE STUDENTS - 22IN FY2023, BAPTIST UNIVERSITY AWARDED 8 DOCTORAL DEGREES, 145 BACCALAUREATE DEGREES, AND 16 ASSOCIATE DEGREES. THE AWARDS INCLUDED 90 BACHELOR OF SCIENCE IN NURSING (BSN) AND 55 BACHELOR OF HEALTH SCIENCES (BHS) DEGREES. THE NUMBERS BY MAJORS OF THE BHS DEGREES WERE 7 GRADUATES IN DIAGNOSTIC MEDICAL SONOGRAPHY, 5 IN MEDICAL LABORATORY SCIENCES, 11 IN MEDICAL RADIOGRAPHY, 2 IN NEURODIAGNOSTIC TECHNOLOGY, 4 IN NUCLEAR MEDICINE TECHNOLOGY, 4 IN RADIATION THERAPY TECHNOLOGY, 12 IN HEALTH ADMINISTRATION, AND 10 IN BIOMEDICAL SCIENCES. ADDITIONALLY, THE UNIVERSITY AWARDED 16 ASSOCIATE OF SCIENCE (AS) DEGREES. THE NUMBERS BY MAJORS OF THE AS DEGREES WERE 1 GRADUATE IN PRE-HEALTH STUDIES, 6 GRADUATES IN NEURODIAGNOSTIC TECHNOLOGY, AND 9 GRADUATES IN SURGICAL TECHNOLOGY. THE 8 DOCTOR OF NURSING PRACTICE GRADUATES ALL HAD CONCENTRATIONS IN ADULT GERONTOLOGY ACUTE CARE NURSE PRACTITIONER.FALL ENROLLMENT WAS 757.FINANCIAL ASSISTANCE BAPTIST UNIVERSITY OFFERS FINANCIAL ASSISTANCE TO STUDENTS IN NEED. ASSISTANCE IS PROVIDED THROUGH A VARIETY OF SOURCES INCLUDING SCHOLARSHIPS, GRANTS, A WORK-STUDY PROGRAM, A LOAN PROGRAM, AND A TUITION DEFERRAL PROGRAM FUNDED BY BAPTIST MEMORIAL HEALTH CARE CORPORATION AND BAPTIST UNIVERSITY. ALL FINANCIAL AID IS AWARDED ON A NON-DISCRIMINATORY BASIS. SINCE JULY 2000, BAPTIST UNIVERSITY HAS ALSO PARTICIPATED IN FEDERAL FINANCIAL AID PROGRAMS FOR STUDENTS. INSTITUTIONAL SCHOLARSHIPS/ACADEMIC AWARDSIN FY2023, BAPTIST UNIVERSITY DISBURSED $1.7 MILLION IN INSTITUTIONAL FINANCIAL AID TO ENROLLED STUDENTS. THIS AID INCLUDED SCHOLARSHIPS, GRANTS, AND TUITION DEFERRAL. SCHOLARSHIPS ARE BOTH NEED AND MERIT BASED AND GRANTS ARE PRIMARILY NEED BASED. A COMPLETE LISTING OF INSTITUTIONAL SCHOLARSHIPS CAN BE LOCATED IN THE 2023-2024 CATALOG LOCATED AT: HTTPS://WWW.BAPTISTU.EDU/ACADEMIC-CATALOG. THE TUITION DEFERRAL PROGRAM ALLOWS UP TO THIRTY-FIVE ELIGIBLE CLINICAL STUDENTS PER YEAR TO DEFER TUITION DURING THEIR SENIOR YEAR AT BAPTIST UNIVERSITY. THIS AGREEMENT REQUIRES A WORK COMMITMENT AT A BAPTIST MEMORIAL HEALTH CARE FACILITY FOLLOWING GRADUATION AND LICENSURE EQUAL TO ONE YEAR OF EMPLOYMENT FOR EACH YEAR OF TUITION DEFERRAL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jason M Little Director | Trustee | 0.23 | $0 |
Randy J King Director/secretary (thru 04/23) | Trustee | 0.23 | $0 |
Edwin P Cade Director (as Of 04/23) | Trustee | 0.23 | $0 |
Emmel B Golden MD Director (thru 12/22) | Trustee | 0.23 | $0 |
Beverly D Jordan Chair (as Of 01/23) | Trustee | 0.23 | $0 |
Anita Vaughn Chair (thru 12/22)/director | Trustee | 0.23 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Wagner General Contractors Inc Construction Services | 9/29/20 | $573,310 |
Alpha Mechanical Services Inc Mechanical Services | 9/29/20 | $202,493 |
Ron Henderson & Associates Inc Millwork Services | 9/29/20 | $120,009 |
University Of Tennessee Physician Services | 9/29/20 | $180,823 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $4,296,891 |
Government grants | $2,772,886 |
All other contributions, gifts, grants, and similar amounts not included above | $332,800 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,402,577 |
Total Program Service Revenue | $13,644,488 |
Investment income | $2,852,828 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$198,624 |
Net Gain/Loss on Asset Sales | $2,418,567 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $26,119,836 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $80,000 |
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. | $762,352 |
Compensation of current officers, directors, key employees. | $71,661 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $13,276,698 |
Pension plan accruals and contributions | $447,545 |
Other employee benefits | $1,629,933 |
Payroll taxes | $994,890 |
Fees for services: Management | $0 |
Fees for services: Legal | $11,800 |
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 | $1,399,245 |
Advertising and promotion | $530,090 |
Office expenses | $1,365,493 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $718,849 |
Travel | $164,817 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $50,412 |
Interest | -$693 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $908,660 |
Insurance | $36,702 |
All other expenses | $11,828 |
Total functional expenses | $23,519,807 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $239,267 |
Savings and temporary cash investments | $84,283,995 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $992,977 |
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 | $633,388 |
Net Land, buildings, and equipment | $3,003,620 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $14,928,197 |
Total assets | $104,081,444 |
Accounts payable and accrued expenses | $5,516,785 |
Grants payable | $0 |
Deferred revenue | $3,191,875 |
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 | $11,068,325 |
Total liabilities | $19,776,985 |
Net assets without donor restrictions | $83,177,363 |
Net assets with donor restrictions | $1,127,096 |
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 | $104,081,444 |