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← BAPTIST MEMORIAL HOSPITAL - JONESBORO INC

Form 990 for tax year 2024

Filed by BAPTIST MEMORIAL HOSPITAL - JONESBORO INC.

Totals

Total revenue
$303,556,800
Total expenses
$287,977,401
Contributions and grants received
$763,856
Grants paid
$33,590
Program service revenue
$300,734,151
Investment income
$23,161
Other revenue
$2,035,632
Total assets, end of year
$292,645,001
Total liabilities, end of year
$330,524,030
Net assets or fund balances, end of year
-$37,879,029
Program services expenses (Part IX)
$257,352,415
Management and general expenses
$30,624,986
Fundraising expenses
$0
Program service expenses (Part III)
$257,352,415

Program services were 89.4% 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.

  • 1d · Related organizations

    $712,729

  • 1e · Government grants (contributions)

    $32,126

  • 1f · All other contributions, gifts and grants

    $19,001

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

    total $298,019,234 · related or exempt $298,019,234

  • 2b · Program service revenue: PHARMACY REVENUE

    total $2,468,164 · related or exempt $2,468,164

  • 2c · Program service revenue: OTHER OPERATING REV.

    total $246,753 · related or exempt $246,753

  • 3 · Investment income

    total $54,273 · excluded $54,273

  • 7a · Gross sales of assets other than inventory

    other assets $431,130

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

    other assets $462,242

  • 7c · Gain or loss

    other assets -$31,112

  • 7d · Net gain or loss

    total -$31,112 · excluded -$31,112

  • 11a · Other revenue: CAFETERIA REVENUE

    total $1,985,342 · excluded $1,985,342

  • 11b · Other revenue: CHANGE IN FMV INTEREST

    total $50,290 · related or exempt $50,290

  • 11e · Other revenue, total

    $2,035,632

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $33,590 · program services $33,590

  • 5 · Compensation of officers, directors and key employees

    total $2,051,558 · program services $1,743,824 · management and general $307,734

  • 7 · Other salaries and wages

    total $78,559,667 · program services $66,775,717 · management and general $11,783,950

  • 8 · Pension plan contributions

    total $1,762,151 · program services $1,497,828 · management and general $264,323

  • 9 · Other employee benefits

    total $11,402,053 · program services $9,691,745 · management and general $1,710,308

  • 10 · Payroll taxes

    total $5,944,681 · program services $5,052,979 · management and general $891,702

  • 11d · Fees: lobbying

    total $30,405 · management and general $30,405

  • 11g · Fees: other

    total $39,170,651 · program services $33,295,053 · management and general $5,875,598

  • 12 · Advertising and promotion

    total $197,958 · program services $168,264 · management and general $29,694

  • 13 · Office expenses

    total $8,073,872 · program services $6,862,791 · management and general $1,211,081

  • 14 · Information technology

    total $106,916 · program services $90,879 · management and general $16,037

  • 16 · Occupancy

    total $1,843,112 · program services $1,566,645 · management and general $276,467

  • 17 · Travel

    total $141,830 · program services $56,732 · management and general $85,098

  • 19 · Conferences, conventions and meetings

    total $69,770 · program services $27,908 · management and general $41,862

  • 20 · Interest

    total $11,536,176 · program services $9,805,750 · management and general $1,730,426

  • 22 · Depreciation, depletion and amortization

    total $10,398,296 · program services $8,838,552 · management and general $1,559,744

  • 23 · Insurance

    total $1,405,120 · program services $1,194,352 · management and general $210,768

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $81,021,410 · program services $81,021,410 · management and general $0

  • 24b · Other expenses: CORPORATE MGMT FEE

    total $21,804,984 · program services $18,534,236 · management and general $3,270,748

  • 24c · Other expenses: REPAIRS AND MAINTENANCE

    total $6,467,322 · program services $5,497,224 · management and general $970,098

  • 24d · Other expenses: MEDICAID ASSESSMENT

    total $4,527,442 · program services $4,527,442 · management and general $0

  • 24e · All other expenses

    total $1,428,437 · program services $1,069,494 · management and general $358,943

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $900 · end of year $1,301

  • 2 · Savings and temporary cash investments

    beginning of year $4,232,244 · end of year $458,449

  • 4 · Accounts receivable

    beginning of year $40,053,613 · end of year $39,770,974

  • 8 · Inventories for sale or use

    beginning of year $7,029,028 · end of year $8,474,575

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,809,339 · end of year $4,765,563

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

    $346,648,563

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

    $183,890,912

  • 10c · Land, buildings and equipment, net

    beginning of year $169,005,220 · end of year $162,757,651

  • 15 · Other assets

    beginning of year $64,718,754 · end of year $76,416,488

  • 17 · Accounts payable and accrued expenses

    beginning of year $27,454,776 · end of year $17,698,534

  • 19 · Deferred revenue

    end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $310,146,353 · end of year $308,706,104

  • 24 · Unsecured notes and loans payable

    end of year $0

  • 25 · Other liabilities

    beginning of year $4,706,397 · end of year $4,119,392

  • 27 · Net assets without donor restrictions

    beginning of year -$53,458,428 · end of year -$37,879,029

Mission and programs · 2024

Mission

BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC.'S MISSION IS TO SERVE THE COMMUNITY WITH RESPECT TO PROVIDING HEALTH CARE SERVICES AND HEALTH CARE EDUCATION.

Activities or mission (Part I)

BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE.

  • BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION AND STABILITY OF BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC., IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES, AND FURTHER, THAT THE MISSION IS TO SERVE THE COMMUNITY WITH RESPECT TO PROVIDING HEALTH CARE SERVICES AND HEALTH CARE EDUCATION. THEREFORE, IN KEEPING WITH ITS COMMITMENT TO SERVE ALL MEMBERS OF ITS COMMUNITY, BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. PROVIDES THE FOLLOWING: - FREE CARE AND/OR SUBSIDIZED CARE WHERE THE NEED AND/OR AN INDIVIDUAL'S INABILITY TO PAY COEXIST,- CARE PROVIDED TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT BELOW COST, AND- HEALTH ACTIVITIES AND PROGRAMS TO SUPPORT THE COMMUNITY.THESE ACTIVITIES INCLUDE WELLNESS PROGRAMS, COMMUNITY EDUCATION PROGRAMS, SPECIAL PROGRAMS FOR THE ELDERLY, HANDICAPPED, MEDICALLY UNDERSERVED, AND A VARIETY OF BROAD COMMUNITY SUPPORT ACTIVITIES.DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2025, BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. PROVIDED SERVICES FOR MORE THAN 11,813 INPATIENTS AND MORE THAN 143,612 OUTPATIENTS.BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. PROVIDES CARE TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS FROM WHICH THE HOSPITAL RECEIVES PAYMENT AT LESS THAN MARKET VALUE REIMBURSEMENT. RECOGNIZING ITS MISSION TO THE COMMUNITY, SERVICES ARE PROVIDED TO MEDICARE, MEDICAID AND UNINSURED PATIENTS. TO THE EXTENT REIMBURSEMENT IS BELOW COST, BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. RECOGNIZES THESE AMOUNTS AS CHARITY CARE IN MEETING ITS MISSION TO THE ENTIRE COMMUNITY. DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2025, THE UNREIMBURSED VALUE OF PROVIDING CARE TO THESE PATIENTS WAS $920,050,077.CHARITY CARE IS ALSO PROVIDED THROUGH MANY REDUCED-PRICE SERVICES AND FREE PROGRAMS OFFERED THROUGHOUT THE YEAR BASED UPON ACTIVITIES AND SERVICES THAT BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. BELIEVES WILL SERVE A BONA FIDE COMMUNITY HEALTH NEED.THE LARGEST PROGRAM SERVICES PROVIDED THE FOLLOWING FOR THE PERIOD ENDED SEPTEMBER 30, 2025:- THE SURGERY DEPARTMENT PERFORMED 8,347 PROCEDURES AT A COST OF $28,335,168.- THE CARDIAC SERVICES DEPARTMENT HAD 7,233 WORKLOAD UNITS AT A COST OF $11,156,211.- THE PHARMACY DEPARTMENT DISPENSED MEDICATIONS AT A COST OF $10,821,245.- THE RADIOLOGY DEPARTMENT PERFORMED 170,933 TESTS AT A COST OF $10,500,784.- THE LAB DEPARTMENT PERFORMED 668,073 PROCEDURES AT A COST OF $8,943,399.- THE CANCER CENTER PROVIDED SERVICES AT A COST OF $38,698,988.BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. HAS PROVIDED A NUMBER OF SERVICES IN THE COMMUNITY. THIS INCLUDES MANY VOLUNTEER HOURS FROM EMPLOYEES, SOME OF THESE ARE LISTED BELOW:VARIOUS COMMUNITY PROGRAMS:- AMERICAN RED CROSS- ASU JOB FAIR- RELAY FOR LIFE- DUCK CLASSIC HUNTING/DINNER- MARCH OF DIMES- NORTHEAST ARKANSAS CLINIC CHARITABLE FOUNDATION, INC. SHAREHOPE WALK OF REMEMBRANCEHEALTH PROMOTION/EDUCATION/PREVENTION:- ASU BUSINESS EXPO- CHAMBER OF COMMERCE LUNCH AND LEARN- WSO SPRING CONFERENCE BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. ALSO CONTRIBUTED TO NUMEROUS OTHER HELPFUL ORGANIZATIONS AND ACTIVITIES THROUGH DIRECT FINANCIAL SUPPORT, INCLUDING:- AMERICAN CANCER SOCIETY- AMERICAN HEART ASSOCIATION- JONESBORO CHAMBER OF COMMERCE- JONESBORO CHURCH HEALTH CENTER- JONESBORO UNLIMITED- THE LEARNING CENTER- MARCH OF DIMES- NORTHEAST ARKANSAS CLINIC CHARITABLE FOUNDATION, INC.- PHI MU ALUMNI FASHION SHOW- SHAREHOPE WALK- JONESBORO CITY WIDE THANKSGIVING MEALCOMMUNITY SUPPORT FROM BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC. INCLUDED FREE COMMUNITY HEALTH FAIRS, SCREENINGS, PATIENT EDUCATION CLASSES, CASH CONTRIBUTIONS AND SPONSORSHIPS, AND HEALTH AND WELLNESS PROJECTS.

    Expenses $257,352,415 · Grants $33,590 · Revenue $300,784,441

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • GARY C ANDERSON

    VICE PRESIDENT/DIRECTOR

    Total calculated
    $1,759,886
    From this org
    $0
    From related orgs
    $1,674,623
    Other
    $85,263
    Hours/week
    1.25 + 38.75 related

    Schedule J breakdown matched by us

    Base
    $0 + $714,853 related
    Bonus
    $0 + $708,499 related
    Other
    $0 + $251,271 related
    Deferred
    $0 + $68,170 related
    Nontaxable benefits
    $0 + $17,093 related
    Filer's total
    $0 + $1,759,886 related

  • BRAD H PARSONS

    DIRECTOR

    Total calculated
    $973,306
    From this org
    $0
    From related orgs
    $870,809
    Other
    $102,497
    Hours/week
    1.15 + 38.85 related

    Schedule J breakdown matched by us

    Base
    $0 + $408,938 related
    Bonus
    $0 + $323,160 related
    Other
    $0 + $138,711 related
    Deferred
    $0 + $70,766 related
    Nontaxable benefits
    $0 + $31,731 related
    Filer's total
    $0 + $973,306 related

  • AARON WALLACE MD

    DIRECTOR

    Total calculated
    $879,149
    From this org
    $0
    From related orgs
    $802,653
    Other
    $76,496
    Hours/week
    1.15 + 38.85 related

    Schedule J breakdown matched by us

    Base
    $0 + $790,430 related
    Bonus
    $0 + $12,000 related
    Other
    $0 + $223 related
    Deferred
    $0 + $40,250 related
    Nontaxable benefits
    $0 + $36,246 related
    Filer's total
    $0 + $879,149 related

  • MARY E SUMRALL

    DIRECTOR

    Total calculated
    $758,860
    From this org
    $0
    From related orgs
    $683,420
    Other
    $75,440
    Hours/week
    1.15 + 38.85 related

    Schedule J breakdown matched by us

    Base
    $0 + $348,545 related
    Bonus
    $0 + $277,877 related
    Other
    $0 + $56,998 related
    Deferred
    $0 + $54,833 related
    Nontaxable benefits
    $0 + $20,607 related
    Filer's total
    $0 + $758,860 related

  • JASON COLETTA MD

    DIRECTOR

    Total calculated
    $595,219
    From this org
    $0
    From related orgs
    $526,326
    Other
    $68,893
    Hours/week
    1.15 + 38.85 related

    Schedule J breakdown matched by us

    Base
    $0 + $523,341 related
    Bonus
    $0 + $2,900 related
    Other
    $0 + $85 related
    Deferred
    $0 + $40,250 related
    Nontaxable benefits
    $0 + $28,643 related
    Filer's total
    $0 + $595,219 related

  • STEPHEN WOODRUFF MD

    CMO/EX-OFFICIO

    Total calculated
    $589,872
    From this org
    $452,590
    From related orgs
    $64,685
    Other
    $72,597
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $430,261 + $64,685 related
    Bonus
    $21,484
    Other
    $845
    Deferred
    $44,838 + $9,440 related
    Nontaxable benefits
    $16,429 + $1,890 related
    Filer's total
    $513,857 + $76,015 related

  • MATTHEW QUICK MD

    DIRECTOR

    Total calculated
    $559,641
    From this org
    $0
    From related orgs
    $465,079
    Other
    $94,562
    Hours/week
    1.15 + 38.85 related

    Schedule J breakdown matched by us

    Base
    $0 + $444,678 related
    Bonus
    $0 + $13,688 related
    Other
    $0 + $6,713 related
    Deferred
    $0 + $63,807 related
    Nontaxable benefits
    $0 + $30,755 related
    Filer's total
    $0 + $559,641 related

  • ROBERT TAYLOR MD

    PHYSICIAN/EX-OFFICIO

    Total calculated
    $446,060
    From this org
    $0
    From related orgs
    $386,219
    Other
    $59,841
    Hours/week
    1.15 + 38.85 related

    Schedule J breakdown matched by us

    Base
    $0 + $313,412 related
    Bonus
    $0
    Other
    $0 + $72,807 related
    Deferred
    $0 + $40,938 related
    Nontaxable benefits
    $0 + $18,903 related
    Filer's total
    $0 + $446,060 related

  • SAMUEL S LYND

    CEO/EX-OFFICIO

    Total calculated
    $404,864
    From this org
    $0
    From related orgs
    $344,647
    Other
    $60,217
    Hours/week
    19.89 + 20.11 related

    Schedule J breakdown matched by us

    Base
    $0 + $262,111 related
    Bonus
    $0 + $48,298 related
    Other
    $0 + $34,238 related
    Deferred
    $0 + $28,668 related
    Nontaxable benefits
    $0 + $31,549 related
    Filer's total
    $0 + $404,864 related

  • K BRUCE JONES MD

    CHAIRMAN

    Total calculated
    $367,322
    From this org
    $0
    From related orgs
    $309,291
    Other
    $58,031
    Hours/week
    1.15 + 38.85 related

    Schedule J breakdown matched by us

    Base
    $0 + $289,940 related
    Bonus
    $0 + $6,000 related
    Other
    $0 + $13,351 related
    Deferred
    $0 + $42,095 related
    Nontaxable benefits
    $0 + $15,936 related
    Filer's total
    $0 + $367,322 related

  • SKIPPER STEWARD

    DIRECTOR

    Total calculated
    $348,461
    From this org
    $0
    From related orgs
    $278,647
    Other
    $69,814
    Hours/week
    1.15 + 38.85 related

    Schedule J breakdown matched by us

    Base
    $0 + $177,085 related
    Bonus
    $0 + $51,892 related
    Other
    $0 + $49,670 related
    Deferred
    $0 + $38,729 related
    Nontaxable benefits
    $0 + $31,085 related
    Filer's total
    $0 + $348,461 related

  • DAVID MCCLAIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.15 + 0.23 related

  • DAVID PEACOCK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.15 + 0.23 related

  • MARION PEELER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.15 + 0.23 related

  • MARK MCHALE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.15 + 0.23 related

  • JASON M LITTLE

    PRESIDENT

    Total calculated
    $3,913,950
    From this org
    $0
    From related orgs
    $3,797,655
    Other
    $116,295
    Hours/week
    0.1 + 39.9 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,421,393 related
    Bonus
    $0 + $1,751,999 related
    Other
    $0 + $624,263 related
    Deferred
    $0 + $79,375 related
    Nontaxable benefits
    $0 + $36,920 related
    Filer's total
    $0 + $3,913,950 related

  • GREGORY M DUCKETT

    SECRETARY/TREASURER

    Total calculated
    $1,760,131
    From this org
    $0
    From related orgs
    $1,667,844
    Other
    $92,287
    Hours/week
    0.46 + 39.54 related

    Schedule J breakdown matched by us

    Base
    $0 + $518,957 related
    Bonus
    $0 + $500,750 related
    Other
    $0 + $648,137 related
    Deferred
    $0 + $52,833 related
    Nontaxable benefits
    $0 + $39,454 related
    Filer's total
    $0 + $1,760,131 related

  • MELONIE EDENS

    COO

    Total calculated
    $258,209
    From this org
    $206,515
    From related orgs
    $0
    Other
    $51,694
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,492
    Bonus
    $23,086
    Other
    $1,937
    Deferred
    $24,760
    Nontaxable benefits
    $26,934
    Filer's total
    $258,209

  • PAULA A GRIMES

    CHIEF NURSING OFFICER

    Total calculated
    $242,749
    From this org
    $192,759
    From related orgs
    $0
    Other
    $49,990
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $180,703
    Bonus
    $11,583
    Other
    $473
    Deferred
    $26,644
    Nontaxable benefits
    $23,346
    Filer's total
    $242,749

  • KYLE W SANDERS

    CFO

    Total calculated
    $229,916
    From this org
    $160,237
    From related orgs
    $0
    Other
    $69,679
    Hours/week
    23.94 + 16.06 related

    Schedule J breakdown matched by us

    Base
    $148,298
    Bonus
    $11,070
    Other
    $869
    Deferred
    $44,103
    Nontaxable benefits
    $25,576
    Filer's total
    $229,916

  • WILLIS E BRUMLEY

    PHYSICIST-CHIEF

    Total calculated
    $309,389
    From this org
    $198,931
    From related orgs
    $34,541
    Other
    $75,917
    Hours/week
    34.08 + 5.92 related

    Schedule J breakdown matched by us

    Base
    $198,508 + $34,541 related
    Bonus
    $0
    Other
    $423
    Deferred
    $36,886 + $6,631 related
    Nontaxable benefits
    $27,573 + $4,827 related
    Filer's total
    $263,390 + $45,999 related

  • SHITALBAHEN BUGG

    REGISTERED NURSE

    Total calculated
    $264,531
    From this org
    $245,366
    From related orgs
    $0
    Other
    $19,165
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $241,754
    Bonus
    $500
    Other
    $3,112
    Deferred
    $0
    Nontaxable benefits
    $19,165
    Filer's total
    $264,531

  • BYRON K DAUGHDRILL

    DIRECTOR-PHARMACY

    Total calculated
    $239,802
    From this org
    $174,238
    From related orgs
    $0
    Other
    $65,564
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,632
    Bonus
    $0
    Other
    $606
    Deferred
    $34,787
    Nontaxable benefits
    $30,777
    Filer's total
    $239,802

  • YOLANDA L DAVIS

    REGISTERED NURSE

    Total calculated
    $199,815
    From this org
    $180,790
    From related orgs
    $0
    Other
    $19,025
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $179,457
    Bonus
    $1,250
    Other
    $83
    Deferred
    $0
    Nontaxable benefits
    $19,025
    Filer's total
    $199,815

  • ANALIZA BRITT

    REGISTERED NURSE

    Total calculated
    $175,496
    From this org
    $166,337
    From related orgs
    $0
    Other
    $9,159
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,179
    Bonus
    $0
    Other
    $158
    Deferred
    $9,066
    Nontaxable benefits
    $93
    Filer's total
    $175,496

  • PAUL D DEPRIEST MD

    FORMER VICE PRESIDENT

    Total calculated
    $714,560
    From this org
    $0
    From related orgs
    $714,560
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $714,560 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $714,560 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

  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
BAPTIST MEMORIAL HEALTH CARE CORPORATION, A RELATED ORGANIZATION OF BAPTIST MEMORIAL HOSPITAL-JONESBORO, INC., 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: GREGORY M. DUCKETT - $490,265 JASON M. LITTLE - $512,911 BRAD H. PARSONS - $86,911 GARY C. ANDERSON - $99,462
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.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Related partnerships

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

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2024
IRS schema version
2024v5.5
Source object
202622269349300102

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