Skip to content
Nonprofiteer
← BAPTIST HEALTH FOUNDATION

Form 990 for tax year 2022

Filed by BAPTIST HEALTH FOUNDATION.

Totals

Total revenue
$3,829,315
Total expenses
$2,679,906
Contributions and grants received
$3,412,870
Grants paid
$1,313,878
Program service revenue
$0
Investment income
$817,914
Other revenue
-$401,469
Total assets, end of year
$35,899,943
Total liabilities, end of year
$1,814,285
Net assets or fund balances, end of year
$34,085,658
Program services expenses (Part IX)
$1,403,864
Management and general expenses
$760,793
Fundraising expenses
$515,249
Program service expenses (Part III)
$1,403,864

Program services were 52.4% 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.

  • 1c · Fundraising events

    $1,234,962

  • 1e · Government grants (contributions)

    $58,050

  • 1f · All other contributions, gifts and grants

    $2,119,858

  • 1g · Noncash contributions included above

    $77,919

  • 3 · Investment income

    total $868,705 · unrelated business $302,823 · excluded $565,882

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $12,456,186

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

    securities $12,506,977

  • 7c · Gain or loss

    securities -$50,791

  • 7d · Net gain or loss

    total -$50,791 · excluded -$50,791

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $1,234,962

  • 8b · Fundraising events: direct expenses

    $401,469

  • 8c · Net income from fundraising events

    total -$401,469 · excluded -$401,469

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $953,062 · program services $953,062

  • 2 · Grants to domestic individuals

    total $360,816 · program services $360,816

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $251,741 · management and general $251,741

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $458,405 · program services $38,798 · management and general $197,458 · fundraising $222,149

  • 8 · Pension plan contributions

    total $42,457 · program services $3,594 · management and general $18,288 · fundraising $20,575

  • 9 · Other employee benefits

    total $59,983 · program services $5,076 · management and general $25,838 · fundraising $29,069

  • 10 · Payroll taxes

    total $52,657 · program services $4,457 · management and general $22,682 · fundraising $25,518

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $164,313 · program services $13,907 · management and general $70,778 · fundraising $79,628

  • 12 · Advertising and promotion

    total $24,814 · program services $2,100 · management and general $10,689 · fundraising $12,025

  • 13 · Office expenses

    total $18,555 · program services $1,571 · management and general $7,992 · fundraising $8,992

  • 14 · Information technology

    total $53,792 · program services $4,553 · management and general $23,171 · fundraising $26,068

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $1,480 · program services $125 · management and general $638 · fundraising $717

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $51,071 · management and general $51,071

  • 23 · Insurance

    total $28,882 · program services $2,444 · management and general $12,441 · fundraising $13,997

  • 24a · Other expenses: TAXES

    total $136,625 · program services $11,564 · management and general $58,851 · fundraising $66,210

  • 24b · Other expenses: FUNDRAISING EXPENSE

    total $11,664 · program services $987 · management and general $5,024 · fundraising $5,653

  • 24c · Other expenses: CREDIT CARD FEES

    total $9,478 · program services $802 · management and general $4,083 · fundraising $4,593

  • 24d · Other expenses: MEDICAL SUPPLIES

    total $111 · program services $8 · management and general $48 · fundraising $55

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $19,025 · end of year $104,188

  • 3 · Pledges and grants receivable

    beginning of year $2,069,116 · end of year $1,696,656

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $645,488

  • 10b · Land, buildings and equipment: accumulated depreciation

    $550,938

  • 10c · Land, buildings and equipment, net

    beginning of year $145,620 · end of year $94,550

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $40,911,615 · end of year $33,729,893

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $218,630 · end of year $274,656

  • 17 · Accounts payable and accrued expenses

    beginning of year $504,707 · end of year $219,596

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $2,956,732 · end of year $1,594,689

  • 27 · Net assets without donor restrictions

    beginning of year $21,480,895 · end of year $14,694,744

  • 28 · Net assets with donor restrictions

    beginning of year $18,421,672 · end of year $19,390,914

Mission and programs · 2022

Mission

TO PROVIDE FUNDS IN THE FORM OF GIFTS, GRANTS, AND SERVICES TO BAPTIST HEALTH AND OTHER CHARITABLE ORGANIZATIONS IN FURTHERANCE OF THEIR SCIENTIFIC, LITERARY, AND EDUCATIONAL PURPOSES.

Activities or mission (Part I)

TO PROVIDE FUNDS IN THE FORM OF GIFTS, GRANTS,& SERVICES TO BAPTIST HEALTH AND OTHER CHARITABLE ORGANIZATIONS IN FURTHERANCE OF THEIR SCIENTIFIC, LITERARY, & EDUCATIONAL PURPOSES.

  • TO PROVIDE FUNDS IN THE FORM OF GIFTS, GRANTS, AND SERVICES TO BAPTIST HEALTH HOSPITALS & OTHER CHARITABLE ORGANIZATIONS IN FURTHERANCE OF THEIR SCIENTIFIC, LITERARY, AND EDUCATIONAL PURPOSES.

    Expenses $1,403,864 · Grants $1,313,878

As filed on the 2022 return.

Listed in Part VII

  • Troy Wells

    TRUSTEE

    Total calculated
    $2,451,382
    From this org
    $0
    From related orgs
    $2,408,284
    Other
    $43,098
    Hours/week
    0.17 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,094,128 related
    Bonus
    $0 + $418,860 related
    Other
    $0 + $895,296 related
    Deferred
    $0 + $21,350 related
    Nontaxable benefits
    $0 + $21,748 related
    Filer's total
    $0 + $2,451,382 related

  • Blake Phillips MD

    TRUSTEE

    Total calculated
    $1,428,772
    From this org
    $0
    From related orgs
    $1,394,584
    Other
    $34,188
    Hours/week
    0.03 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,154,503 related
    Bonus
    $0 + $238,480 related
    Other
    $0 + $1,601 related
    Deferred
    $0 + $19,400 related
    Nontaxable benefits
    $0 + $14,788 related
    Filer's total
    $0 + $1,428,772 related

  • Brent Beaulieu

    TREASURER

    Total calculated
    $1,135,202
    From this org
    $0
    From related orgs
    $1,096,042
    Other
    $39,160
    Hours/week
    0.17 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $573,002 related
    Bonus
    $0 + $150,785 related
    Other
    $0 + $372,255 related
    Deferred
    $0 + $21,350 related
    Nontaxable benefits
    $0 + $17,810 related
    Filer's total
    $0 + $1,135,202 related

  • Lena Hayes

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $251,741
    From this org
    $222,134
    From related orgs
    $0
    Other
    $29,607
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $184,370
    Bonus
    $35,963
    Other
    $1,801
    Deferred
    $16,165
    Nontaxable benefits
    $13,442
    Filer's total
    $251,741

  • Matt Jones

    CHAIR

    Total calculated
    $0
    Hours/week
    0.16

  • Cathy Owen

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2

  • Curtis Barnett

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.03

  • George E Covington Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.03

  • Ty Henry MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1

  • Bradley N Davis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.18

  • Kim Pruitt

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.13

  • John Starling

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.05

  • Marcus Guinn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.09

  • West McGeorge

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.06

  • Brent Morgan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.04

  • Lauren Steel

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.14

  • Mike Richardson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1

  • Tim McMennamy

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.13

  • Anthony Brooks

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.24

  • Marc Heflin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.09

  • Mike Shepard

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.13

  • Tyler Stafford

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.14

  • Millie Ward

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.07

  • Jr Bizzell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.11

  • Danielle Collie

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.13

  • Heath Harper

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.09

  • David Jones

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.11

  • Matt Olson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.15

  • Wilbur Peer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.13

  • Ramey Marshell MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.06

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

  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

FORM 990, SCHEDULE J, PART I, LINE 3
BAPTIST HEALTH, A RELATED ORGANIZATION, USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND APPROVAL OF THE BOARD TO ESTABLISH COMPENSATION OF THE CEO.
FORM 990, SCHEDULE J, PART I, LINE 6A
THE FOLLOWING INDIVIDUALS INCLUDED ON FORM 990, PART VII, SECTION A, RECEIVED COMPENSATION THAT WAS PAID IN 2023 BASED ON FISCAL YEAR 2022 PERFORMANCE WITH A PORTION BEING CONTINGENT ON THE NET EARNINGS OF THE ORGANIZATION: LENA MOORE - $27,918
FORM 990, SCHEDULE J, PART I, LINE 6B
THE FOLLOWING INDIVIDUALS INCLUDED ON FORM 990, PART VII, SECTION A, RECEIVED COMPENSATION THAT WAS PAID IN 2023 BASED ON FISCAL YEAR 2022 PERFORMANCE WITH A PORTION BEING CONTINGENT ON THE NET EARNINGS OF A RELATED ORGANIZATION: TROY WELLS - $321,864 BRENT BEAULIEU - $118,616

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.

  • ORTHOARK SURGERY

    ORTHOPEDIC · AR

    Directly controlled by NA

  • AUTUMN ROAD LLC

    REAL ESTATE · AR

    Directly controlled by NA

  • MAUMELLE FAM PRACT

    MEDICAL CARE · AR

    Directly controlled by NA

  • AMERICAN DATA NTWRK

    DATA SERVICES · AR

    Directly controlled by NA

  • SPRINGHILL SURGERY CENTER LLC

    SURGERY SERVICES · AR

    Directly controlled by NA

  • TWO FINANCIAL CENTRE HOLDING COMPANY LLC

    REAL ESTATE · AR

    Directly controlled by NA

  • BH CENTER FOR CLINICAL RESEARCH LLC

    CLINICAL RESEARCH · AR

    Directly controlled by NA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • MULTIMANAGEMENT SERVICES INC

    C CORPORATION · MANAGEMENT · AR · controlled entity

    Directly controlled by NA

  • BAPTIST MEDCARE INC

    C CORPORATION · MEDICAL CARE · AR · controlled entity

    Directly controlled by NA

  • HOTEL PROPERTIES INC

    C CORPORATION · HOTELS · AR · controlled entity

    Directly controlled by NA

  • SERVICE FINANCE CORPORATION

    C CORPORATION · FINANCE SERVICES · AR · controlled entity

    Directly controlled by NA

  • WESTSIDE PROPERTIES INC

    C CORPORATION · REAL ESTATE · AR · controlled entity

    Directly controlled by NA

  • BAPTIST MEDICAL SYSTEMS HMO INC

    C CORPORATION · HLTHCARE SERVICES · AR · controlled entity

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2022
Filed
27 October 2023
IRS schema version
2022v5.0
Source object
202333179349308393

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.