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Nonprofiteer
← BAPTIST HEALTH SYSTEM INC

Form 990 for tax year 2023

Filed by BAPTIST HEALTH SYSTEM INC.

Totals

Total revenue
-$7,806,237
Total expenses
$11,193,038
Contributions and grants received
$0
Grants paid
$857,490
Program service revenue
-$12,126,397
Investment income
$3,607,111
Other revenue
$713,049
Total assets, end of year
$237,389,073
Total liabilities, end of year
$48,718,700
Net assets or fund balances, end of year
$188,670,373
Program services expenses (Part IX)
$9,735,942
Management and general expenses
$1,457,096
Fundraising expenses
$0
Program service expenses (Part III)
$9,735,942

Program services were 87.0% 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.

  • 2a · Program service revenue: BHF MANAGEMENT REVENUE

    total $400,000 · related or exempt $400,000

  • 2b · Program service revenue: MALPRACTICE, WORKERS COMP & EMPLO

    total -$1,551,249 · related or exempt -$1,551,249

  • 2c · Program service revenue: BBH, LLC PARTNERSHIP REVENUE

    total -$10,975,148 · related or exempt -$10,742,188 · unrelated business -$232,960

  • 3 · Investment income

    total $1,639,272 · excluded $1,639,272

  • 7a · Gross sales of assets other than inventory

    securities $68,718,491

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

    securities $66,750,652

  • 7c · Gain or loss

    securities $1,967,839

  • 7d · Net gain or loss

    total $1,967,839 · excluded $1,967,839

  • 11a · Other revenue: FASB 136 ADJUSTMENT

    total $591,143 · related or exempt $591,143

  • 11b · Other revenue: OTHER INCOME

    total $121,906 · related or exempt $121,906

  • 11e · Other revenue, total

    $713,049

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $857,490 · program services $857,490

  • 5 · Compensation of officers, directors and key employees

    total $741,754 · program services $464,577 · management and general $277,177

  • 7 · Other salaries and wages

    total $425,605 · program services $377,427 · management and general $48,178

  • 8 · Pension plan contributions

    total $7,442,688 · program services $7,429,482 · management and general $13,206

  • 9 · Other employee benefits

    total $162,868 · program services $121,176 · management and general $41,692

  • 10 · Payroll taxes

    total $60,645 · program services $46,165 · management and general $14,480

  • 11b · Fees: legal

    total $126,186 · program services $94,880 · management and general $31,306

  • 11c · Fees: accounting

    total $93,812 · program services $34,312 · management and general $59,500

  • 11f · Fees: investment management

    total $230,803 · management and general $230,803

  • 11g · Fees: other

    total $218,151 · program services $185,831 · management and general $32,320

  • 12 · Advertising and promotion

    total $1,006 · program services $1,006

  • 13 · Office expenses

    total $38,068 · program services $22,104 · management and general $15,964

  • 14 · Information technology

    total $43,453 · program services $1,428 · management and general $42,025

  • 16 · Occupancy

    total $105,753 · program services $75,613 · management and general $30,140

  • 17 · Travel

    total $524 · program services $206 · management and general $318

  • 22 · Depreciation, depletion and amortization

    total $15,521 · management and general $15,521

  • 23 · Insurance

    total $566,511 · management and general $566,511

  • 24a · Other expenses: OTHER EXPENSES

    total $61,960 · program services $24,245 · management and general $37,715

  • 24b · Other expenses: TAXES AND LICENSES

    total $240 · management and general $240

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $565,651 · end of year $719,091

  • 9 · Prepaid expenses and deferred charges

    beginning of year $434,005 · end of year $424,898

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

    $154,833

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

    $122,649

  • 10c · Land, buildings and equipment, net

    beginning of year $47,706 · end of year $32,184

  • 11 · Investments: publicly traded securities

    beginning of year $126,831,276 · end of year $131,274,041

  • 13 · Investments: program-related

    beginning of year $113,004,597 · end of year $104,938,859

  • 17 · Accounts payable and accrued expenses

    beginning of year $507,215 · end of year $615,723

  • 25 · Other liabilities

    beginning of year $50,472,370 · end of year $48,102,977

  • 27 · Net assets without donor restrictions

    beginning of year $158,714,450 · end of year $155,162,906

  • 28 · Net assets with donor restrictions

    beginning of year $31,189,200 · end of year $33,507,467

Mission and programs · 2023

Mission

"AS A WITNESS TO THE LOVE OF GOD, REVEALED THROUGH JESUS CHRIST, THE BAPTIST HEALTH SYSTEM IS COMMITTED TO MINISTRIES THAT ENHANCE THE HEALTH, DIGNITY, AND WHOLENESS OF THOSE WE SERVE, THROUGH INTEGRITY, COMPASSION, ADVOCACY, RESOURCEFULNESS, AND EXCELLENCE."

  • HOSPITAL JOINT VENTURE - BAPTIST HEALTH SYSTEM, INC. (BHS) CONTINUES IN ITS CHARITABLE MISSION, WHICH BEGAN IN 1922, OF PROVIDING MEDICAL AND EDUCATIONAL SERVICES TO THE COMMUNITY THROUGH ITS 30% JOINT VENTURE INTEREST IN BROOKWOOD BAPTIST HEALTH, LLC (BBH). THE JOINT VENTURE WAS FORMED WITH TENET WHICH OWNS THE REMAINING 70% INTEREST. TENET MANAGES THE JOINT VENTURE AND THE TERMS OF THE MANAGEMENT AGREEMENT REQUIRE THAT THE JOINT VENTURE BE MANAGED PURSUANT TO THE REQUIREMENTS OF CODE SECTION 501 (C) (3) AND THE CHARITABLE PRINCIPLES, WHICH ARE SET FORTH IN THE LLC AGREEMENT. IN THE EVENT MANAGEMENT FAILS TO COMPLY WITH THESE REQUIREMENTS, THE MANAGEMENT AGREEMENT AND LLC AGREEMENT PROVIDE CERTAIN TERMINATION RIGHTS. IN ADDITION, THE PARTIES HAVE AN EQUAL NUMBER OF DIRECTORS APPOINTED FOR THE JOINT VENTURE. BHS RETAINS CERTAIN ADDITIONAL POWERS (DESCRIBED ABOVE FROM THE MANAGEMENT AGREEMENT AND LLC AGREEMENT) TO ENSURE THE JOINT VENTURE WILL CONTINUE TO FURTHER BHS'S CHARITABLE PURPOSES. THE MANAGEMENT BOARD OF THE LLC INCLUDES A BLOCK VOTING MECHANISM FOR EACH MEMBER'S APPOINTED DIRECTORS.BBH OPERATES FIVE HOSPITALS AND OTHER PATIENT CARE FACILITIES. TWO OF THE HOSPITALS ARE LOCATED WITHIN THE CITY LIMITS OF BIRMINGHAM, AL, WHICH ENABLES BBH TO PROVIDE SERVICES TO AREAS OF THE CITY WHICH MIGHT OTHERWISE BE UNDERSERVED. THE OTHER THREE HOSPITALS ARE LOCATED IN TALLADEGA, JASPER, AND ALABASTER, AL. SEVERAL OF THESE HOSPITALS SERVE RURAL COMMUNITIES WHICH, PRIOR TO BHS'S (AND SUBSEQUENTLY BBH'S) INVOLVEMENT, WERE IN NEED OF STABLE HEALTH CARE FACILITIES. THESE RURAL HOSPITALS PROVIDE MUCH NEEDED SERVICES (SUCH AS OBSTETRICS), TO AREAS OF ALABAMA THAT WOULD OTHERWISE BE UNDERSERVED. BBH EXPERIENCES LOSSES FROM SOME OF THESE HOSPITALS, WHICH FURTHER DEMONSTRATES ITS COMMITMENT TO SERVING THESE COMMUNITIES.EACH HOSPITAL PARTICIPATES IN THE MEDICAID PROGRAMS AND EXPERIENCE LARGE CONTRACTUAL ADJUSTMENTS DUE TO THE LIMITED REIMBURSEMENT PROVIDED BY SUCH PROGRAM. ADDITIONALLY, EACH HOSPITAL PARTICIPATES IN VARIOUS OTHER FEDERAL, STATE AND LOCAL MEDICAL PROGRAMS. THIS PARTICIPATION IMPROVES ACCESS TO PATIENT CARE FOR THE COMMUNITIES SERVED BY BBH.BBH IS ACTIVELY INVOLVED IN MEDICAL EDUCATION AND CLINICAL PASTORAL CARE EDUCATION. BBH CURRENTLY HAS APPROXIMATELY 99 RESIDENCY POSITIONS IN TRANSITIONAL YEAR, INTERNAL MEDICINE, PATHOLOGY, RADIOLOGY AND GENERAL SURGERY PROGRAMS. BBH'S MEDICAL EDUCATION PROGRAM ALSO PROVIDES CONTINUING EDUCATION TO LICENSED PHYSICIANS. THE CLINICAL PASTORAL CARE EDUCATION PROGRAM PROVIDED TRAINING FOR 7 RESIDENTS AS WELL AS NUMEROUS PART-TIME STUDENTS. THIS TRAINING EQUIPS STUDENTS TO PROVIDE A BETTER LEVEL OF SPIRITUAL CARE TO PATIENTS. IN ADDITION, BBH, IN CONJUNCTION WITH SEVERAL COLLEGES AND UNIVERSITIES OF NURSING, PROVIDES TRAINING FOR NURSES THAT ARE HIRED THROUGHOUT THE SOUTHEASTERN UNITED STATES.FINALLY, BBH CONTINUALLY PROVIDES MANY SERVICES IN HEALTH PROMOTION AND SCREENING TO THE PUBLIC FREE OF CHARGE OR AT A NOMINAL COST. SUCH SERVICES ARE PROVIDED THROUGH SCHOOLS, EMPLOYERS, AND FACILITIES THAT ARE EASILY ACCESSIBLE BY THE GENERAL PUBLIC. EMPLOYEES ARE ENCOURAGED TO DEVOTE SERVICES TO OTHER CHARITABLE ORGANIZATIONS IN THE COMMUNITY, AS WELL AS TO PROVIDE FINANCIAL SUPPORT. EMPLOYEES AND OTHER COMMUNITY MEMBERS HAVE ALSO PROVIDED SIGNIFICANT SUPPORT OF BBH'S CHARITABLE ACTIVITIES EVIDENCING THE COMMUNITIES' WILLINGNESS TO ACKNOWLEDGE AND SUPPORT THE MISSION OF BROOKWOOD BAPTIST HEALTH.

    Expenses $7,969,695 · Revenue -$11,580,388

  • BHS MANAGES THE OPERATIONS OF THE BAPTIST HEALTH FOUNDATION, INC. (BHF). BHF EXISTS TO SUPPORT BHS BY ENGAGING IN FUNDRAISING ACTIVITIES AND PROVIDING FUNDS TO SUPPORT CONTINUED IMPROVEMENT OF HEALTH, PROVIDE PATIENT ASSISTANCE, AND PROMOTE EDUCATION FOR COMMUNITIES SERVED BY BROOKWOOD BAPTIST HEALTH (BBH) IN A WAY THAT FURTHERS THE HEALING MINISTRY OF CHRIST. OVER THE COURSE OF THE YEAR, BHF PROVIDED OVER $2.5 MILLION DOLLARS IN FINANCIAL SUPPORT OF PROGRAMS IMPACTING BBH PATIENTS, EMPLOYEES AND COMMUNITIES INCLUDING PROVIDING FOR INDIGENT CARE, PASTORAL CARE, EMPLOYEE ASSISTANCE, EDUCATION, SCHOLARSHIPS, GRANTS AND OTHER ASSISTANCE.

    Expenses $851,901 · Revenue $400,000

  • BHS CONSIDERS IT VERY IMPORTANT TO INVEST IN OTHER CHARITABLE ORGANIZATIONS AND INITIATIVES WITH MISSIONS THAT ALIGN CLOSELY WITH OURS. AS A RESULT OF THIS, MONETARY CONTRIBUTIONS AND OTHER SUPPORT WERE GIVEN TO SEVERAL ORGANIZATIONS INCLUDING: BAPTIST HEALTH FOUNDATION; BIRMINGHAM METRO BAPTIST ASSOCIATION; SHELBY BAPTIST ASSOCIATION; UNITED WAY; BOY SCOUTS; YWCA; PRESCOTT HOUSE; AND SAMFORD UNIVERSITY.

    Expenses $914,346 · Grants $857,490

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

Listed in Part VII

  • Amy S Allen

    PRESIDENT AND CEO, NON-VOTING

    Total calculated
    $573,259
    From this org
    $461,749
    From related orgs
    $0
    Other
    $111,510
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $379,888
    Bonus
    $81,171
    Other
    $690
    Deferred
    $91,497
    Nontaxable benefits
    $23,012
    Filer's total
    $576,258

  • Jim Averett

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Chris Harmon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Brian Hamilton

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Beck Taylor

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Ricky Thomas

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Regina Yarbrough

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Jim Foyt

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • James Cooley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Morris Johnson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Andrea McCaskey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Randy Pittman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Ragan Cain

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Eric Jeffries

    CHIEF FINANCIAL OFFICER

    Total calculated
    $316,048
    From this org
    $271,229
    From related orgs
    $0
    Other
    $44,819
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,474
    Bonus
    $42,305
    Other
    $450
    Deferred
    $42,880
    Nontaxable benefits
    $4,938
    Filer's total
    $319,047

  • Alison Scott

    EXECUTIVE DIRECTOR OF FOUNDATION

    Total calculated
    $205,168
    From this org
    $161,177
    From related orgs
    $0
    Other
    $43,991
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,076
    Bonus
    $18,781
    Other
    $320
    Deferred
    $27,356
    Nontaxable benefits
    $19,536
    Filer's total
    $208,069

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

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
LINE 4B: THE FOLLOWING EMPLOYEES PARTICIPATE IN THE ORGANIZATION'S NONQUALIFED RETIREMENT PLAN. THE DEFERRED AMOUNTS DURING THE CURRENT YEAR ARE: AMY ALLEN - $47,263 ERIC JEFFRIES - $13,492 ALISON SCOTT - $8,978

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.

  • BROOKWOOD BAPTIST HEALTH 1 LLC

    RELATED · OWNS AND OPERATES 5 HOSPITALS IN ALABAMA · TX · 30% owned · share of income $473,742 · share of assets $88,866,497

    Directly controlled by BAPTIST HEALTH SYSTEM INC

  • BROOKWOOD BAPTIST HEALTH 2 LLC

    RELATED · OWNS AND OPERATES 5 HOSPITALS IN ALABAMA · TX · 30% owned · share of income -$14,530,014 · share of assets $90,203,111

    Directly controlled by BAPTIST HEALTH SYSTEM INC

  • BROOKWOOD BAPTIST HEALTH 3 LLC

    RELATED · OWNS AND OPERATES 5 HOSPITALS IN ALABAMA · TX · 30% owned · share of income $1,302,389 · share of assets $16,044,242

    Directly controlled by BAPTIST HEALTH SYSTEM INC

Provenance

Return type
form_990
Tax year
2023
Filed
6 November 2024
IRS schema version
2023v5.1
Source object
202413199349304316

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