Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $922,619

• 1e · Government grants (contributions)

  $2,640,643

• 2a · Program service revenue: PATIENT SERVICE REV.

  total $950,850,820 · related or exempt $950,850,820

• 2b · Program service revenue: RENT FROM AFFILIATES

  total $80,604 · related or exempt $80,604

• 3 · Investment income

  total $316,188 · excluded $316,188

• 6a · Gross rents

  real property $3,718,724

• 6b · Less rental expenses

  real property $2,961,386

• 6c · Rental income or loss

  real property $757,338

• 6d · Net rental income or loss

  total $757,338 · excluded $757,338

• 7a · Gross sales of assets other than inventory

  other assets $482,191

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

  other assets $104,761

• 7c · Gain or loss

  other assets $377,430

• 7d · Net gain or loss

  total $377,430 · excluded $377,430

• 11a · Other revenue: OTHER OPERATING REV.

  total $15,596,578 · related or exempt $15,596,578

• 11b · Other revenue: CAFETERIA REVENUE

  total $3,830,845 · excluded $3,830,845

• 11c · Other revenue: PATIENT CONVENIENCE

  total $174,401 · excluded $174,401

• 11e · Other revenue, total

  $19,601,824

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $9,889,434 · program services $9,889,434

• 5 · Compensation of officers, directors and key employees

  total $1,915,514 · program services $1,819,738 · management and general $95,776

• 7 · Other salaries and wages

  total $298,843,565 · program services $283,901,387 · management and general $14,942,178

• 8 · Pension plan contributions

  total $6,950,172 · program services $6,602,663 · management and general $347,509

• 9 · Other employee benefits

  total $40,530,184 · program services $38,503,675 · management and general $2,026,509

• 10 · Payroll taxes

  total $22,061,469 · program services $20,958,396 · management and general $1,103,073

• 11a · Fees: management

  total -$1,223 · program services -$1,076 · management and general -$147

• 11d · Fees: lobbying

  total $36,946 · management and general $36,946

• 11g · Fees: other

  total $124,062,699 · program services $115,978,593 · management and general $8,084,106

• 12 · Advertising and promotion

  total $104,267 · program services $91,755 · management and general $12,512

• 13 · Office expenses

  total $21,298,727 · program services $18,742,880 · management and general $2,555,847

• 16 · Occupancy

  total $8,940,489 · program services $7,867,631 · management and general $1,072,858

• 17 · Travel

  total $188,283 · program services $75,313 · management and general $112,970

• 19 · Conferences, conventions and meetings

  total $235,932 · program services $94,373 · management and general $141,559

• 20 · Interest

  total $216,472 · program services $190,495 · management and general $25,977

• 22 · Depreciation, depletion and amortization

  total $27,763,837 · program services $24,432,177 · management and general $3,331,660

• 23 · Insurance

  total $12,261,007 · program services $10,789,686 · management and general $1,471,321

• 24a · Other expenses: MEDICAL SUPPLIES

  total $226,840,747 · program services $226,840,747 · management and general $0

• 24b · Other expenses: CORPORATE MGMT FEE

  total $102,607,052 · program services $90,294,206 · management and general $12,312,846

• 24c · Other expenses: MEDICAID ASSESSMENT

  total $24,674,402 · program services $24,674,402 · management and general $0

• 24d · Other expenses: REPAIRS AND MAINTENANCE

  total $22,290,738 · program services $19,615,849 · management and general $2,674,889

• 24e · All other expenses

  total $2,931,428 · program services $2,595,271 · management and general $336,157

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,935 · end of year $4,715

• 2 · Savings and temporary cash investments

  beginning of year $79,674,310 · end of year $79,504,700

• 4 · Accounts receivable

  beginning of year $149,139,223 · end of year $189,978,827

• 8 · Inventories for sale or use

  beginning of year $19,573,764 · end of year $20,624,790

• 9 · Prepaid expenses and deferred charges

  beginning of year $6,233,277 · end of year $6,500,160

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

  $889,523,055

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

  $629,187,536

• 10c · Land, buildings and equipment, net

  beginning of year $234,191,210 · end of year $260,335,519

• 12 · Investments: other securities

  beginning of year $256,837 · end of year $351,827

• 15 · Other assets

  beginning of year $33,106,439 · end of year $28,457,170

• 17 · Accounts payable and accrued expenses

  beginning of year $59,660,155 · end of year $57,271,474

• 19 · Deferred revenue

  beginning of year $0 · end of year $1,397,326

• 25 · Other liabilities

  beginning of year $276,560,809 · end of year $319,951,034

• 27 · Net assets without donor restrictions

  beginning of year $185,959,031 · end of year $207,137,874

The filer's explanations (Part III)

PART I, LINE 1A:

THOMAS STEADMAN RECEIVES A HOUSING ALLOWANCE THAT IS TAXABLE TO HIM AS ADDITIONAL INCOME.

PART I, LINE 1B:

THOMAS STEADMAN RECEIVES A HOUSING ALLOWANCE THAT IS TAXABLE TO HIM AS ADDITIONAL INCOME.

PART I, LINE 3:

BAPTIST MEMORIAL HEALTH CARE CORPORATION, A RELATED ORGANIZATION OF BAPTIST MEMORIAL HOSPITAL, USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

PART I, LINE 4B:

ELIGIBLE EXECUTIVES PARTICIPATE IN VARIOUS NON-QUALIFIED DEFERRED COMPENSATION PLANS ORGANIZED UNDER CODE SECTION 457(F). THE EXACT PURPOSE OF EACH PLAN VARIES BUT THEY INCLUDE: COMPENSATION LIMITATION MAKE-UP PLANS, VOLUNTARY DEFERRAL PLANS, DEFERRAL OF A PORTION OF INCENTIVE BONUS TYPE PLANS, ETC. ANY AMOUNT ULTIMATELY PAID UNDER THE PROGRAM TO THE EXECUTIVE IS REPORTED AS COMPENSATION ON FORM 990, SCHEDULE J, PART II, COLUMN B IN THE YEAR PAID. THE FOLLOWING INDIVIDUAL(S) LISTED ON PART VII RECEIVED SUPPLEMENTAL NON-QUALIFIED PLAN PAYMENTS DURING THE CALENDAR YEAR: PAUL D. DEPRIEST, MD - $617,067 JASON M. LITTLE - $397,792 GREGORY M. DUCKETT - $379,118 GARY C. ANDERSON - $79,907 BRAD H. PARSONS - $53,656 EDWIN P. CADE - $36,166

PART I, LINE 7:

THE BAPTIST MEMORIAL HEALTH CARE SYSTEM HAS ESTABLISHED A MANAGEMENT ACCOUNTABILITY AND FINANCIAL INCENTIVE PLAN THAT ENCOURAGES MANAGEMENT PARTICIPATION IN THE SIGNIFICANT IMPROVEMENTS OF THE QUALITY, FINANCIAL, GROWTH, AND HUMAN RESOURCE RELATED OPERATIONS OF THE ORGANIZATION. AN INCENTIVE BONUS MAY BE PAID TO APPROVED MEMBERS OF MANAGEMENT BASED ON ATTAINMENT OF GOALS IN THE AREAS OF 1) PATIENT SATISFACTION; 2) EMPLOYEE SATISFACTION; 3) PHYSICIAN SATISFACTION; 4) QUALITY AND SAFETY; 5) OPERATIONAL PERFORMANCE METRICS; AND 6) OPERATING INCOME MARGIN. PARTICIPANTS RECEIVE POINTS UNDER A PLAN SCORING SYSTEM FOR MEETING THEIR PREDETERMINED GOALS. THE POINTS ARE THEN ENTERED INTO THE PLAN FORMULA TO DETERMINE THE INCENTIVE COMPENSATION.

Related partnerships

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

• BAPTIST - DESOTO SURGERY CENTER LP

  AMBULATORY SURGERY · MS · general or managing partner

• BAPTIST - EMSC LP

  AMBULATORY SURGERY · TN · general or managing partner

• BAPTIST - UT INSTITUTE FOR ACADEMIC EXCELLENCE LLC

  MEDICAL MANAGEMENT · TN · general or managing partner

• BAPTIST-GERMANTOWN SURGERY CENTER LLC

  AMBULATORY SURGERY · TN · general or managing partner

• BAPTIST MEMORIAL REHABILITATION HOSPITAL GP

  REHABILITATION SERVICES · TN · general or managing partner

• BAPTIST MEMORIAL REHABILITATION HOSPITAL - MADISON LLC

  REHABILITATION SERVICES · MS · general or managing partner

• BMH NORTH MISSISSIPPI IMAGING SERVICES LLC

  DIAGNOSTIC SERVICES · MS

• BAPTIST AND PHYSICIANS' OUTPATIENT SURGERY CENTER OF N MISSISSIPPI LP

  AMBULATORY SURGERY · MS · general or managing partner

• BAPTIST STERN CARDIOVASCULAR CO-MANAGEMENT LLC

  MEDICAL MANAGEMENT · TN · general or managing partner

• BMHSIAEL MICROBIOLOGY LABORATORY GP

  LABORATORY SERVICES · TX · general or managing partner

• BRAIN AND SPINE NETWORK BAPTIST SEMMES-MURPHEY LLC

  MEDICAL MANAGEMENT · TN · general or managing partner

• EAST MEMPHIS UROLOGY CENTER LP

  AMBULATORY UROLOGICAL SERVICES · TN · general or managing partner

• MADISON HEALTHPLEX PERFORMANCE TRAINING CENTER LLC

  FITNESS CENTER · MS · general or managing partner

• MAIN STREET FAMILY MEDICAL LLC

  MEDICAL SERVICES · MS · general or managing partner

• MAYS & SCHNAPP PAIN CLINIC

  PAIN MANAGEMENT SERVICES · TN · general or managing partner

• MEDICAL ALTERNATIVES

  PROVIDE HOME INFUSION PRODUCTS AND SERVICES TO PATIENTS · TN · general or managing partner

• MID-SOUTH IMAGING CENTER LLC

  DIAGNOSTIC SERVICES · MS · general or managing partner

• WEST TENNESSEE IMAGING LLC

  MEDICAL SERVICES · TN

Related corporations and trusts

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

• BAPTIST HEALTH SERVICES GROUP OF THE MID-SOUTH INC

  C · HEALTH INSURANCE CONTRACTING · TN · controlled entity

• GERMANTOWN BUSINESS PARK OWNERS ASSOCIATION

  C · BOOKKEEPING & DATA PROCESSING GERMANTOWN BUS. PARK · TN · controlled entity

• HEALTH TECH AFFILIATES INC

  C · BUYING & LEASING REAL & PERSONAL PROPERTY · TN · controlled entity

• MISSISSIPPI BAPTIST MEDICAL ENTERPRISES INC AND SUBS

  C · INVESTMENTS · MS · controlled entity

• SOUTHCREST PROPERTY OWNERS ASSOCIATION INC

  C · BOOKKEEPING & DATA PROCESSING FOR THE SOUTHCREST DEVELOPMENT · MS · controlled entity