Baptist Healthcare System is a general hospital based in Louisville, KY that was founded in 1918. As of 2019 they had $2.2 billion in revenue and $3.0 billion in assets.
Located in Louisville, Kentucky, Baptist Health owns seven acute-care hospitals throughout Kentucky, as well as clinics and immediate care and wellness centers.
Baptist Healthcare System makes grants to other organizations, such as $87,500 to Childrens Charity Fund of the Bluegrass for "General Support"; $75,000 to Refuge Ministries for "General Support"; $64,500 to American Heart Association (AHA) for "General Support"; $61,500 to Hope Center for "General Support"; and $52,500 to Luther F. Carson Four Rivers Center for "General Support".
Previous legal names or variations of their name include: Baptist Health Louisville; Baptist Health Lexington; and Baptist Health Paducah.
EIN:
61-0444707
City:
State:
Website:
Phone:
502-896-5000
Facebook:
Twitter:
Founded:
1918
Type:
501(c)(3)
NTEE:
Revenue:
$2,299,934,365
Assets:
$3,059,532,712
Employees:
16,819
Fiscal year end:
August
Form 990s for Baptist Healthcare System
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2019-08 | Sep 29, 2020 | 990 | View PDF |
| 2018-08 | Sep 13, 2019 | 990 | View PDF |
| 2017-08 | Oct 16, 2018 | 990 | View PDF |
| 2016-08 | Aug 2, 2017 | 990 | View PDF |
| 2015-08 | Nov 2, 2016 | 990 | View PDF |
| ...and six more Form 990 PDFs |
Financials for Baptist Healthcare System
| Field | 2019 | 2018 | % Change |
|---|
| Federated campaigns | $0 | $0 | |
| Membership dues | $0 | $0 | |
| Fundraising event contributions | $0 | $0 | |
| Related organizations | $1,190,226 | $1,243,655 | -4.3% |
| Government grants (contributions) | $0 | $0 | |
| Normal grants, contributions, etc. | $490,445 | $847,567 | -42.1% |
| <em>Non-cash contributions included in above</em> | $0 | $0 | |
| Total grants, contributions, etc. | $1,680,671 | $2,091,222 | -19.6% |
| Field | 2019 | 2018 | % Change |
|---|
| Total grants, contributions, etc. | $1,680,671 | $2,091,222 | -19.6% |
| Program services | $2,226,421,275 | $2,044,654,309 | 8.9% |
| Investment income and dividends | $24,015,657 | $17,804,408 | 34.9% |
| Tax-exempt bond proceeds | $0 | $0 | |
| Royalty revenue | $0 | $0 | |
| Net rental income | $0 | $0 | |
| Net gain from sale of non-inventory assets | $14,842,375 | $18,895,123 | -21.4% |
| Net income from fundraising events | $0 | $0 | |
| Net income from gaming activities | $0 | $0 | |
| Net income from sales of inventory | $0 | $0 | |
| Miscellaneous revenues | $32,974,387 | $32,814,648 | 0.5% |
| Total revenues | $2,299,934,365 | $2,116,259,710 | 8.7% |
| Field | 2019 | 2018 | % Change |
|---|
| Grants to govts. and orgs. in USA | $2,353,104 | $1,764,591 | 33.4% |
| Grants to individuals in USA | $0 | $0 | |
| Grants to govts., orgs., and individuals outside USA | $0 | $0 | |
| Benefits paid to or for members | $0 | $0 | |
| Compensation of current officers, etc. | $5,144,406 | $6,706,820 | -23.3% |
| Compensation not included above, to disqualified persons | $352,310 | $622,057 | -43.4% |
| Non-officer salaries and wages | $760,554,370 | $743,823,164 | 2.2% |
| Pension/retirement accruals and contributions | $19,806,992 | $17,252,266 | 14.8% |
| Other employee benefits | $95,170,784 | $79,504,741 | 19.7% |
| Payroll taxes | $66,907,187 | $58,814,675 | 13.8% |
| Management fees | $3,353,289 | $2,955,247 | 13.5% |
| Legal fees | $3,160,871 | $2,776,481 | 13.8% |
| Accounting fees | $971,766 | $905,150 | 7.4% |
| Lobbying fees | $162,234 | $171,113 | -5.2% |
| Pro. fundraising fees | $0 | $0 | |
| Investment mgmt fees | $0 | $0 | |
| Other fee-for-service | $50,034,820 | $45,417,072 | 10.2% |
| Advertising and promotion | $9,078,484 | $8,530,328 | 6.4% |
| Office expenses | $82,912,583 | $78,043,607 | 6.2% |
| Information tech. expenses | $59,013,911 | $55,495,602 | 6.3% |
| Royalty expenses | $0 | $0 | |
| Occupancy | $33,066,483 | $31,226,655 | 5.9% |
| Travel | $4,330,755 | $4,386,585 | -1.3% |
| Public official travel and entertainment | $0 | $0 | |
| Conferences, meetings, etc. | $229,187 | $225,084 | 1.8% |
| Interest | $37,772,320 | $35,205,896 | 7.3% |
| Payments to affiliates | $0 | $0 | |
| Depreciation, amortization, etc. | $113,000,074 | $115,030,616 | -1.8% |
| Insurance | $19,968,075 | $18,453,575 | 8.2% |
| All other expenses | $630,556,394 | $552,955,997 | 14.0% |
| Total expenses | $1,997,900,399 | $1,860,267,322 | 7.4% |
| Field | 2019 | 2018 | % Change |
|---|
| Cash (non-interest-bearing) | $34,151 | $36,744 | -7.1% |
| Savings, short-term investments, etc. | $318,899,077 | $287,956,258 | 10.7% |
| Pledges and grants receivable | $0 | $0 | |
| Accounts receivable | $322,068,514 | $298,732,409 | 7.8% |
| Loans receivable from officers, directors, etc. | $0 | $0 | |
| Loans receivable from other disqualified persons | $0 | $0 | |
| Notes and loans receivable | $0 | $0 | |
| Inventories for use | $42,442,396 | $39,408,535 | 7.7% |
| Prepaid expenses and deferred charges | $17,952,237 | $18,949,637 | -5.3% |
| Buildings, equipment, etc. post-depreciation | $1,089,134,616 | $1,097,562,652 | -0.8% |
| Investments, publicly traded securities | $990,536,487 | $911,372,726 | 8.7% |
| Investments, other securities | $0 | $0 | |
| Investments, program-related | $18,089,420 | $14,014,221 | 29.1% |
| Intangible assets | $19,532,948 | $17,360,947 | 12.5% |
| Other assets | $240,842,866 | $204,734,089 | 17.6% |
| Total assets | $3,059,532,712 | $2,890,128,218 | 5.9% |
| Field | 2019 | 2018 | % Change |
|---|
| Accounts payable and accrued expenses | $265,790,376 | $249,407,566 | 6.6% |
| Grants payable | $0 | $0 | |
| Deferred revenue | $0 | $0 | |
| Tax-exempt bond liabilities | $967,609,657 | $978,079,063 | -1.1% |
| Escrow or custodial account liability | $0 | $0 | |
| Loans payable to officers and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $0 | $0 | |
| Unsecured notes and loans payable to unrelated third parties | $0 | $0 | |
| Other liabilities | $23,300,322 | $32,671,923 | -28.7% |
| Total liabilities | $1,256,700,355 | $1,260,158,552 | -0.3% |
| Field | 2019 | 2018 | % Change |
|---|
| Unrestricted net assets | $1,800,858,515 | $1,628,248,928 | 10.6% |
| Temporarily restricted net assets | $1,973,842 | $1,720,738 | 14.7% |
| Permanently restricted net assets | $0 | $0 | |
Vendors for Baptist Healthcare System
| Vendor | Services | Amount paid | Date |
|---|
| Ernst and Young Us LLP | Tax accounting | | 2020-09-29 |
| ██████ ██████ ████ | Insurance | | 2019-12-31 |
| ████████ ████████ ████ █████████ ███████ | Insurance | | 2019-12-31 |
| ████████ ████████ ████ █████████ ███████ | Insurance | | 2019-12-31 |
| ███████ █████████ ███████ | Insurance | | 2019-12-31 |
| ███████████████ ██ ███ | Insurance agent or broker | $1,283 | 2019-12-31 |
| ██████████████ ███ ██████████ | Insurance agent or broker | $1,954 | 2019-12-31 |
| ███████ █████████ ████████ | Insurance agent or broker | $9,806 | 2019-12-31 |
| ...and 17 more vendors |
Personnel at Baptist Healthcare System
| Name | Title | Compensation | Most recent data |
|---|
| Gerard Colman | Chief Executive Officer | $2.2 million | Aug. 31, 2019 |
| Stephen C Hanson | President and Chief Executive Officer | $1.0 million | Aug. 31, 2019 |
| ███████ ██████ | Chief Operating Officer | - | Aug. 8, 2019 |
| ███████ █ ███████ | Chief Financial Officer | $585,001 | Sept. 29, 2020 |
| ████ ████████ ██ | Chief Strategy and Marketing Officer | - | Aug. 8, 2019 |
| █████ ███████ ██ | Chief Medical Information Officer | - | Aug. 8, 2019 |
| ███████ ████████ | Chief Information Security Officer | - | Aug. 8, 2019 |
| ██████ ██████ | Chief Information Officer | - | Aug. 8, 2019 |
| █████ ██████ | Chief Legal and Regulatory Affairs Officer | $640,187 | Sept. 13, 2019 |
| █████ ███████ | Chief People and Culture Officer | - | Aug. 8, 2019 |
| ...and 10 more key personnel |
Peer general hospitals
| | Name | Type | Revenue | Location |
|---|
| 1 | Norton Hospitals | 501(c)(3) | $2.0 billion | Louisville, KY |
| 2 | St Elizabeth Healthcare | 501(c)(3) | $1.2 billion | Edgewood, KY |
| 3 | Appalachian Regional Healthcare (ARH) | 501(c)(3) | $778 million | Lexington, KY |
| 4 | Owensboro Health Regional Hospital | 501(c)(3) | $619 million | Owensboro, KY |
| 5 | Presence Chicago Hospitals Network | 501(c)(3) | $1.1 billion | Chicago, IL |
| 6 | Mercy Health System Corporation | 501(c)(3) | $624 million | Janesville, WI |
| 7 | Summa Health Group Return | 501(c)(3) | $1.0 billion | Akron, OH |
| 8 | The Valley Hospital | 501(c)(3) | $759 million | Ridgewood, NJ |
| 9 | Children's Hospital of Wisconsin (CHW) | 501(c)(3) | $743 million | Milwaukee, WI |
| 10 | Renown Regional Medical Center | 501(c)(3) | $850 million | Reno, NV |
| 11 | Mary Washington Healthcare Group Return | 501(c)(3) | $655 million | Fredericksburg, VA |
| 12 | North Shore University Hospital (NSUH) | 501(c)(3) | $2.7 billion | Westbury, NY |
| 13 | Montefiore Medical Center | 501(c)(3) | $3.9 billion | Bronx, NY |
| 14 | SSM Health Care of Oklahoma | 501(c)(3) | $614 million | St Louis, MO |
| 15 | Beaumont Hospital Dearborn | 501(c)(3) | $1.3 billion | Southfield, MI |
| 16 | Texas Health Dallas | 501(c)(3) | $683 million | Dallas, TX |
| 17 | Memorial Health Services Group Return | 501(c)(3) | $2.3 billion | Fountain Valley, CA |
| 18 | Lancaster General Health Penn Medicine (LGH) | 501(c)(3) | $1.0 billion | Lancaster, PA |
| 19 | St Cloud Hospital | 501(c)(3) | $950 million | St Cloud, MN |
| 20 | Dignity Health | 501(c)(3) | $9.9 billion | San Francisco, CA |
| 21 | Bayhealth Medical Center | 501(c)(3) | $695 million | Dover, DE |
| 22 | Lester E Cox Medical Centers | 501(c)(3) | $1.2 billion | Springfield, MO |
| 23 | McLeod Healt | 501(c)(3) | $784 million | Florence, SC |
| 24 | Christiana Care Health Services | 501(c)(3) | $2.1 billion | Wilmington, DE |
| 25 | OSF Healthcare System (OSF) | 501(c)(3) | $2.6 billion | Peoria, IL |