Baptist Healthcare System is a hospital system 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 $90,436 to Kentucky Baptist Convention for "General Support"; $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"; and $61,500 to Hope 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 16 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 |
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8 | Adventist Health SystemSunbelt | 501(c)(3) | $4.4 billion | Altamonte Springs, FL |
9 | Sharp HealthCare | 501(c)(3) | $1.6 billion | San Diego, CA |
10 | Allina Health | 501(c)(3) | $4.5 billion | Minneapolis, MN |
11 | Banner Health | 501(c)(3) | $6.7 billion | Phoenix, AZ |
12 | Bristol Regional Medical Center | 501(c)(3) | $713 million | Johnson City, TN |
13 | Prisma Health-Midlands | 501(c)(3) | $1.8 billion | Columbia, SC |
14 | SSM Health Care St Louis | 501(c)(3) | $1.6 billion | St Louis, MO |
15 | Northeast GEORGIA Medical Center (NGHS) | 501(c)(3) | $1.3 billion | Gainesville, GA |
16 | Ihc Health Services | 501(c)(3) | $6.5 billion | Salt Lake City, UT |
17 | Novant Health | 501(c)(3) | $911 million | Winston Salem, NC |
18 | Atlantic Health System Inc Group Return | 501(c)(3) | $2.9 billion | Morristown, NJ |
19 | Norton Hospitals | 501(c)(3) | $2.0 billion | Louisville, KY |
20 | St Elizabeth Healthcare | 501(c)(3) | $1.2 billion | Edgewood, KY |
21 | Appalachian Regional Healthcare (ARH) | 501(c)(3) | $778 million | Lexington, KY |
22 | Owensboro Health Regional Hospital | 501(c)(3) | $619 million | Owensboro, KY |
23 | Mount Carmel Health System | 501(c)(3) | $1.3 billion | Columbus, OH |
24 | St Luke's Health System (SLHS) | 501(c)(3) | $575 million | Boise, ID |
25 | Dignity Health Medical Foundation | 501(c)(3) | $1.0 billion | San Francisco, CA |