Mississippi Baptist Medical Center is located in Jackson, MS. The organization was established in 1998. 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, Mississippi Baptist Medical Center employed 3,212 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Baptist Medical Center 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 09/2021, Mississippi Baptist Medical Center generated $513.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $463.7m during the year ending 09/2021. While expenses have increased by 2.6% per year over the past 6 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, Mississippi Baptist Medical Center has awarded 27 individual grants totaling $516,628. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MISSISSIPPI BAPTIST MEDICAL CENTER, INC. MAINTAINS AND CARRIES ON ACUTE CLINICAL SERVICES BY OFFERING A COMPREHENSIVE RANGE OF SERVICES FOR PATIENTS.
Describe the Organization's Program Activity:
MISSISSIPPI BAPTIST MEDICAL CENTER, 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 MISSISSIPPI BAPTIST MEDICAL CENTER, INC., IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES, AND FURTHER, THAT OUR MISSION 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, MISSISSIPPI BAPTIST MEDICAL CENTER, INC. PROVIDES THE FOLLOWING:- FREE CARE AND/OR SUBSIDIZED CARE WHERE THE NEED AND/OR AN INDIVIDUAL'S INABILITY TO PAY COEXIST,- CARE PROVIDED TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT BELOW COST, AND- HEALTH ACTIVITIES AND PROGRAMS TO SUPPORT THE COMMUNITY.THESE ACTIVITIES INCLUDE WELLNESS PROGRAMS, COMMUNITY EDUCATION PROGRAMS, SPECIAL PROGRAMS FOR THE ELDERLY, HANDICAPPED, MEDICALLY UNDERSERVED, AND A VARIETY OF BROAD COMMUNITY SUPPORT ACTIVITIES.MISSISSIPPI BAPTIST MEDICAL CENTER, INC. OPERATES A 638-BED FACILITY IN JACKSON, MISSISSIPPI. MISSISSIPPI BAPTIST MEDICAL CENTER, INC. FOCUSES ON THE QUALITY OF HEALTH CARE INCLUDING CLINICAL QUALITY OF CARE, CREDENTIALS, AND PATIENT SATISFACTION. MISSISSIPPI BAPTIST MEDICAL CENTER, INC. IS AMONG THE TOP 2 PERCENT IN THE NATION FOR JOINT REPLACEMENT SURGERY AND PROSTATE SURGERY, ACCORDING TO A COMPREHENSIVE ANNUAL STUDY RELEASED BY HEALTHGRADES. MISSISSIPPI BAPTIST MEDICAL CENTER, INC. RECORDED 386,894 PATIENT VISITS DURING ITS 2021 FISCAL YEAR. THIS CONSISTED OF 18,371 INPATIENT DISCHARGES, 319,189 OUTPATIENT VISITS, AND 49,334 EMERGENCY ROOM VISITS. IN ADDITION, 5,088 INPATIENT SURGERIES AND 7,785 OUTPATIENT SURGERIES WERE PERFORMED. THE PRINCIPAL MEDICAL SERVICES AVAILABLE ARE MEDICAL/SURGICAL ACUTE CARE, PEDIATRIC ACUTE CARE, OBSTETRICS, NEONATAL INTENSIVE CARE, WELL BABY NURSERY, CARDIAC INTENSIVE CARE, MEDICAL/SURGICAL INTENSIVE CARE, INPATIENT AND OUTPATIENT SURGERY, INPATIENT AND OUTPATIENT ONCOLOGY SERVICES, EMERGENCY SERVICES, PHYSICAL MEDICINE AND REHABILITATION SERVICES, CT SCANNING, DIAGNOSTIC X-RAY, MR IMAGING, PET SCANNING, ULTRASOUND, RADIATION THERAPY, CARDIAC CATHETERIZATION, CARDIOVASCULAR SURGERY, HEMODIALYSIS, WOUND CARE, GERIATRIC SERVICES AND OCCUPATIONAL HEALTH. MISSISSIPPI BAPTIST MEDICAL CENTER, INC. IS ACCREDITED BY THE JOINT COMMISSION ON ACCREDITATION OF HEALTH CARE ORGANIZATIONS. MISSISSIPPI BAPTIST MEDICAL CENTER, INC. PROVIDES QUALITY MEDICAL CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE.ALTHOUGH EQUITABLE PAYMENT FOR SERVICES IS ESSENTIAL TO THE ORGANIZATION'S FINANCIAL VIABILITY, MISSISSIPPI BAPTIST MEDICAL CENTER, INC. RECOGNIZES THAT NOT ALL INDIVIDUALS POSSESS THE RESOURCES REQUIRED TO REIMBURSE MISSISSIPPI BAPTIST MEDICAL CENTER, INC. FOR ALL SERVICES PROVIDED. KEEPING ITS COMMITMENT TO THE COMMUNITY, MISSISSIPPI BAPTIST MEDICAL CENTER, INC. PROVIDES FREE CARE AND SUBSIDIZED CARE WITHIN EXISTING RESOURCES WHERE THE NEED FOR SUCH CARE EXISTS. DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2021, MISSISSIPPI BAPTIST MEDICAL CENTER, INC. PROVIDED $71,149,546 IN CHARITY CARE. ALL OF THE FOREGONE CHARGES MENTIONED ABOVE ARE NETTED AGAINST PATIENT SERVICE REVENUE TO ARRIVE AT NET PATIENT SERVICE REVENUE, REFLECTED AS PROGRAM SERVICE REVENUE ON PART VIII OF THE FORM 990 IN ORDER TO BE CONSISTENT WITH FINANCIAL STATEMENT REPORTING, AND ARE NOT REPORTED AS FUNCTIONAL EXPENSES ON THE TAX RETURN.MISSISSIPPI BAPTIST MEDICAL CENTER, INC. PROVIDES BENEFITS TO THE BROADER COMMUNITY IN THE AREAS OF EDUCATION, CHARITABLE DONATIONS, VOLUNTEER HOURS, AND PASTORAL CARE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Stanic Chief Info Officer (thru 03/20) | Officer | 20 | $858,098 |
David Sinclair MD Physician | 40 | $820,479 | |
Yathish Hralur Sreekantaiah Physician | 40 | $732,624 | |
Ajay Vongala MD Physician | 40 | $672,120 | |
Sudheer Tangella MD Physician | 40 | $647,020 | |
Eric Reiners MD Physician | 40 | $515,156 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Morrison Management Specialists Inc Management Services | 9/29/21 | $6,246,469 |
Crothall Services Group Management Services | 9/29/21 | $3,447,118 |
Mississippi Pathology Associates Pa Physician Services | 9/29/21 | $3,163,969 |
Fresenius Medical Care Dialysis Services | 9/29/21 | $3,003,086 |
Jackson Anesthesia Associates Pa Anesthesia Services | 9/29/21 | $2,669,467 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $1,679,151 |
Government grants | $25,824,266 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $1,536,594 |
Total Revenue from Contributions, Gifts, Grants & Similar | $27,503,417 |
Total Program Service Revenue | $460,401,083 |
Investment income | $4,701,351 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $2,151,743 |
Net Gain/Loss on Asset Sales | $3,432,188 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $513,564,298 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $181,250 |
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. | $2,671,063 |
Compensation of current officers, directors, key employees. | $133,553 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $150,629,276 |
Pension plan accruals and contributions | $3,976,935 |
Other employee benefits | $17,837,891 |
Payroll taxes | $10,706,007 |
Fees for services: Management | $791,703 |
Fees for services: Legal | $54,198 |
Fees for services: Accounting | $47,403 |
Fees for services: Lobbying | $50,084 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $46,112,392 |
Advertising and promotion | $672,091 |
Office expenses | $11,304,223 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $6,517,807 |
Travel | $18,773 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $135,460 |
Interest | $6,637,817 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $24,419,593 |
Insurance | $2,787,210 |
All other expenses | $3,087,195 |
Total functional expenses | $463,699,988 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,485 |
Savings and temporary cash investments | $189,302,921 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $66,746,771 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $475,972 |
Inventories for sale or use | $7,283,191 |
Prepaid expenses and deferred charges | $7,083,753 |
Net Land, buildings, and equipment | $189,562,031 |
Investments—publicly traded securities | $0 |
Investments—other securities | $4,280,055 |
Investments—program-related | $7,135,784 |
Intangible assets | $15,109,721 |
Other assets | $42,221,011 |
Total assets | $529,210,695 |
Accounts payable and accrued expenses | $31,984,407 |
Grants payable | $0 |
Deferred revenue | $6,500 |
Tax-exempt bond liabilities | $175,014,239 |
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 | $241,913,972 |
Total liabilities | $448,919,118 |
Net assets without donor restrictions | $79,858,439 |
Net assets with donor restrictions | $433,138 |
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 | $529,210,695 |
Over the last fiscal year, Mississippi Baptist Medical Center has awarded $163,500 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
Jackson, MS PURPOSE: SUPPORT COMMUNITY AWARENESS | $70,000 |
Jackson, MS PURPOSE: TO HELP COMMUNITY RESIDENTS WITH BOTH PHYSICAL AND SPIRITUAL NEEDS | $23,000 |
Jackson, MS PURPOSE: TO SUPPORT COMMUNITY AWARENESS AND TO HELP PRESERVE THE GREATER BELHAVEN AREA | $20,000 |
Dallas, TX PURPOSE: SUPPORT ACTIVITIES RELATED TO THE CAUSES, DIAGNOSIS, PREVENTION, AND TREATMENT OF CARDIOVASCULAR DISEASE AND STROKE | $15,000 |
Kennesaw, GA PURPOSE: SUPPORT PURPOSE OF SAVING LIVES, CELEBRATING LIVES, AND FIGHTING FOR A CURE FOR CANCER | $15,000 |
Ridgeland, MS PURPOSE: SUPPORT THE GRANTING OF WISHES FOR CHILDREN WITH CRITICAL ILLNESSES TO HELP GIVE HOPE, STRENGTH, AND JOY | $13,000 |
Over the last fiscal year, we have identified 1 grants that Mississippi Baptist Medical Center has recieved totaling $1,679,151.
Awarding Organization | Amount |
---|---|
Baptist Health Foundation Inc Jackson, MS PURPOSE: SUPPORT VARIOUS PROGRAMS AND SERVICES OF THE HOSPITAL | $1,679,151 |
Organization Name | Assets | Revenue |
---|---|---|
Baptist Health Little Rock, AR | $1,838,433,342 | $1,059,132,631 |
Ochsner Lsu Health System Of North Louisiana Shreveport, LA | $392,846,528 | $902,271,211 |
North Mississippi Medical Center Inc Tupelo, MS | $1,589,620,172 | $809,459,200 |
Mountain States Health Alliance Johnson City, TN | $556,120,495 | $805,201,599 |
Baptist Memorial Hospital Memphis, TN | $691,981,947 | $770,663,628 |
St Vincent Infirmary Medical Center Little Rock, AR | $1,148,625,414 | $510,888,320 |
St Dominic-Jackson Memorial Hospital Jackson, MS | $456,520,111 | $513,403,574 |
Mobile Infirmary Association Mobile, AL | $791,830,120 | $574,326,393 |
Baton Rouge General Medical Center Baton Rouge, LA | $496,482,210 | $567,217,966 |
Mississippi Baptist Medical Center Jackson, MS | $529,210,695 | $513,564,298 |
St Bernards Hospital Inc Jonesboro, AR | $376,576,923 | $505,772,828 |
Our Lady Of Lourdes Regional Medical Center Inc Baton Rouge, LA | $576,116,813 | $544,088,954 |