Skip to content
Nonprofiteer
← BAPTIST HEALTH FOUNDATION PADUCAH INC

Form 990 for tax year 2023

Filed by BAPTIST HEALTH FOUNDATION PADUCAH INC.

Totals

Total revenue
$1,249,733
Total expenses
$4,509,691
Contributions and grants received
$1,000,707
Grants paid
$4,251,246
Program service revenue
$0
Investment income
$249,026
Other revenue
$0
Total assets, end of year
$17,924,522
Total liabilities, end of year
$6,948
Net assets or fund balances, end of year
$17,917,574
Program services expenses (Part IX)
$4,299,353
Management and general expenses
$121,031
Fundraising expenses
$89,307
Program service expenses (Part III)
$4,299,353

Program services were 95.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $244,536

  • 1f · All other contributions, gifts and grants

    $756,171

  • 3 · Investment income

    total $197,772 · excluded $197,772

  • 7a · Gross sales of assets other than inventory

    securities $51,254

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $51,254

  • 7d · Net gain or loss

    total $51,254 · excluded $51,254

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,251,246 · program services $4,251,246

  • 7 · Other salaries and wages

    total $142,569 · program services $35,642 · management and general $71,285 · fundraising $35,642

  • 9 · Other employee benefits

    total $34,633 · program services $8,658 · management and general $17,317 · fundraising $8,658

  • 10 · Payroll taxes

    total $10,495 · program services $2,624 · management and general $5,247 · fundraising $2,624

  • 11f · Fees: investment management

    total $7,539 · management and general $7,539

  • 12 · Advertising and promotion

    total $4,796 · management and general $1,414 · fundraising $3,382

  • 13 · Office expenses

    total $8,656 · program services $1,150 · management and general $3,270 · fundraising $4,236

  • 17 · Travel

    total $7,956 · program services $33 · management and general $7,890 · fundraising $33

  • 24a · Other expenses: Stewardship & Cultivati

    total $41,801 · management and general $7,069 · fundraising $34,732

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $122,437 · end of year $149,603

  • 3 · Pledges and grants receivable

    beginning of year $881,174 · end of year $453,745

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,542,500 · end of year $540,500

  • 11 · Investments: publicly traded securities

    beginning of year $12,923,607 · end of year $11,879,137

  • 12 · Investments: other securities

    beginning of year $110,313 · end of year $107,604

  • 15 · Other assets

    beginning of year $0 · end of year $4,793,933

  • 25 · Other liabilities

    beginning of year $17,765 · end of year $6,948

  • 27 · Net assets without donor restrictions

    beginning of year $6,002,648 · end of year $4,858,729

  • 28 · Net assets with donor restrictions

    beginning of year $13,559,618 · end of year $13,058,845

Mission and programs · 2023

Mission

Baptist Health Foundation Paducah is a non-profit, non-stock corporation which operates to promote philanthropy and charitable giving to provide resources to assist, advance, and strengthen Baptist Health Paducah, a hospital owned and operated by Baptist Healthcare System, Inc. in fulfilling the mission of the hospital and Baptist Healthcare System, Inc. to provide quality healthcare services to meet the region's health needs. Baptist Healthcare System, Inc. is described under Section 501(c)(3) and is classified under Section 509(a)(1) as a public charity. The foundation is operated exclusively for the benefit of, to perform the functions of, and to carry out the mission and purposes of Baptist Healthcare System, Inc.

Activities or mission (Part I)

To assist, advance and strengthen Baptist Health Paducah hospital.

  • The primary purpose of the Baptist Health Foundation Paducah is to promote philanthropy and charitable giving to provide resources to assist, advance, and strengthen Baptist Health Paducah, a hospital owned and operated by Baptist Healthcare System, Inc., in fulfilling the mission of the hospital and Baptist Healthcare System, Inc. providing for the region's health needs. Baptist Health Paducah hospital provides medically necessary care to all patients regardless of race, religion, sex, national origin, disability, age or ability to pay. Donations made to Baptist Health Foundation Paducah are used to support patient care and capital needs of Baptist Health Paducah hospital.

    Expenses $4,299,353 · Grants $4,251,246

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Aimee Gruber

    Director (Through 12/4/23)

    Total calculated
    $0
    Hours/week
    1

  • Allison Rains MD

    Director

    Total calculated
    $0
    Hours/week
    1

  • Ashley Johnson

    Director (Effective 1/1/24)

    Total calculated
    $0
    Hours/week
    1

  • Brandon Buchanan

    Director

    Total calculated
    $0
    Hours/week
    1

  • Cory Samsil

    Director (Effective 1/1/24)

    Total calculated
    $0
    Hours/week
    1

  • Daniel Jones

    Director

    Total calculated
    $0
    Hours/week
    1

  • Dawn Arnold

    Director

    Total calculated
    $0
    Hours/week
    1

  • Dorothea Manley-Davis

    Director (Effective 1/1/24)

    Total calculated
    $0
    Hours/week
    1

  • George Wilson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Greg Cannon

    Director (Through 12/31/23)

    Total calculated
    $0
    Hours/week
    1

  • Heath Bowling

    Chair (Effective 1/1/24) & Dir

    Total calculated
    $0
    Hours/week
    1

  • Jeff Holland

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jennifer McIntosh-Lasher

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jonathan McGregor

    Director (Effective 1/1/24)

    Total calculated
    $0
    Hours/week
    1

  • Kenny Boyd

    President & Director

    Total calculated
    $542,359
    From this org
    $0
    From related orgs
    $515,085
    Other
    $27,274
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $454,045 related
    Bonus
    $0 + $57,998 related
    Other
    $0 + $3,042 related
    Deferred
    $0 + $3,538 related
    Nontaxable benefits
    $0 + $23,736 related
    Filer's total
    $0 + $542,359 related

  • Mardie Herndon

    Chair & Dir (Through 12/31/23)

    Total calculated
    $0
    Hours/week
    1

  • Mark Donohoo

    Director

    Total calculated
    $0
    Hours/week
    1

  • Mary Katz

    Director

    Total calculated
    $0
    Hours/week
    1

  • Myrna Redfield

    Director

    Total calculated
    $0
    Hours/week
    1

  • Paul Bradford

    Director

    Total calculated
    $0
    Hours/week
    1

  • Peter Locken MD

    Director (Through 12/31/23)

    Total calculated
    $3,000
    From this org
    $0
    From related orgs
    $3,000
    Other
    $0
    Hours/week
    1

  • Roger Truitt

    Director (Through 12/31/23)

    Total calculated
    $0
    Hours/week
    1

  • Tony Copeland

    Vice Chair (Effective 1/1/24) & Dir

    Total calculated
    $0
    Hours/week
    1

  • Janet Norton

    Secretary

    Total calculated
    $1,109,535
    From this org
    $0
    From related orgs
    $1,070,881
    Other
    $38,654
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $642,490 related
    Bonus
    $0 + $307,860 related
    Other
    $0 + $120,531 related
    Deferred
    $0 + $13,200 related
    Nontaxable benefits
    $0 + $25,454 related
    Filer's total
    $0 + $1,109,535 related

  • Michelle Hayden

    Asst Treasurer

    Total calculated
    $265,221
    From this org
    $0
    From related orgs
    $253,938
    Other
    $11,283
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $234,597 related
    Bonus
    $0 + $16,769 related
    Other
    $0 + $2,572 related
    Deferred
    $0 + $9,333 related
    Nontaxable benefits
    $0 + $1,950 related
    Filer's total
    $0 + $265,221 related

  • Reuben McNeill

    Asst Secretary

    Total calculated
    $60,855
    From this org
    $0
    From related orgs
    $49,193
    Other
    $11,662
    Hours/week
    40

  • Richard Carrico

    Treasurer

    Total calculated
    $913,869
    From this org
    $0
    From related orgs
    $883,091
    Other
    $30,778
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $711,974 related
    Bonus
    $0 + $155,891 related
    Other
    $0 + $15,226 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $30,778 related
    Filer's total
    $0 + $913,869 related

  • Christopher M Roty

    Former Pres & Dir (Through 12/6/21)

    Total calculated
    $879,794
    From this org
    $0
    From related orgs
    $834,183
    Other
    $45,611
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $621,097 related
    Bonus
    $0 + $198,899 related
    Other
    $0 + $14,187 related
    Deferred
    $0 + $13,200 related
    Nontaxable benefits
    $0 + $32,411 related
    Filer's total
    $0 + $879,794 related

  • Stephen R Oglesby

    Former Treasurer (Through 1/6/23)

    Total calculated
    $343,444
    From this org
    $0
    From related orgs
    $336,248
    Other
    $7,196
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $277,805 related
    Bonus
    $0 + $49,875 related
    Other
    $0 + $8,568 related
    Deferred
    $0 + $6,511 related
    Nontaxable benefits
    $0 + $685 related
    Filer's total
    $0 + $343,444 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 3
Baptist Healthcare System, Inc., a related organization of Baptist Health Foundation Paducah, Inc., uses the following to establish the compensation of the organization's CEO: - Compensation committee, - Independent compensation consultant, - Form 990 of other organizations, - Written employment contract, - Compensation survey or study, and - Approval by the Board or Compensation Committee.
Part 1 Line 4b:
The following individuals received a payout from the Supplemental Executive Retirement Plan, a nonqualified deferred compensation plan, as they are fully vested in the plan: Janet Norton $97,033 Stephen R. Oglesby $6,163

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • Baptist East Milestone LLC

    N/A · Fitness Center · KY

  • Baptist-Physicians' Surgery Center

    N/A · Ambulatory Surgery Center · KY

  • Medical Associates of Middletown

    N/A · Medical Office Building · KY

  • Baptist Health Cumberland Valley Surgical Center LLC

    N/A · Ambulatory Surgery Center · KY

Provenance

Return type
form_990
Tax year
2023
Filed
15 July 2025
IRS schema version
2023v6.0
Source object
202511969349301241

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.