Overview
What is Baptist Memorial Hospital- Jonesboro Inc?
Baptist Memorial Hospital-Jonesboro, Inc., located in Memphis, Tennessee, is a leading nonprofit healthcare provider committed to delivering quality medical care to individuals regardless of race, creed, sex, national origin, handicap, or age. While reimbursement for services is essential for the hospital's operation, it recognizes that not everyone has the ability to pay for essential medical services. As a result, the organization provides free or subsidized care, discounted services, and community programs for those in need. During the fiscal year ended September 30, 2022, Baptist Memorial Hospital-Jonesboro, Inc. offered services to over 11,436 inpatients and 130,876 outpatients. The hospital's largest departments include Surgery, Cardiac Services, Pharmacy, Radiology, Lab, and the Cancer Center. The organization offers various volunteer hours, health promotion and education programs, and contributes to numerous helpful organizations and activities through financial support.
Official website here: www.baptistonline.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating
Baptist Memorial Hospital- Jonesboro Inc received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strength in financial accountability, there are notable shortcomings that affect its overall rating. The Accountability & Finance score of 73 suggests that the hospital meets several criteria for financial transparency and governance, including a strong independent board size and a commitment to policies such as conflict of interest and whistleblower protections.
However, the organization struggles with its independence, as only 26% of its board members are independent, which can raise concerns about governance quality. The financial health is also a point of concern, highlighted by a liabilities to assets ratio of 137.19%, indicating potential financial stress. Additionally, the absence of tax form documentation on the hospital's website detracts from its overall transparency, which is critical for nonprofit organizations’ credibility.
While Baptist Memorial Hospital- Jonesboro Inc has a commendable program expense ratio of 89.67%, reflecting its focus on spending towards its mission, the limitations in governance and financial health suggest that improvements are necessary to enhance its rating and trustworthiness within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Baptist Memorial Hospital- Jonesboro Inc legitimate?
Baptist Memorial Hospital- Jonesboro Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baptist Memorial Hospital- Jonesboro Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $997,067
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,190,131
For more financial information, click here
Official website here: www.baptistonline.org
What is the mission statement of Baptist Memorial Hospital- Jonesboro Inc?
Baptist Memorial Hospital-Jonesboro, Inc. is committed to providing quality healthcare services to the community, regardless of race, creed, sex, national origin, handicap, or age. The organization's mission goes beyond just rendering medical care; it also involves educating the community about health and wellness. Realizing that not all individuals have the ability to purchase essential medical services, the hospital provides free or subsidized care to those in need. In addition, it offers services to those covered by governmental programs and uninsured patients, recognizing its responsibility to serve the entire community. The hospital's charitable care initiatives, which include reduced-priced services and free programs, aim to address community health needs. During the last fiscal year, the hospital provided healthcare services to over 11,436 inpatients and 130,876 outpatients, providing care to governmental program patients and uninsured individuals at below market value reimbursement. The largest program services include the surgery department, cardiac services department, pharmacy department, radiology department, lab department, and the cancer center. The hospital's community involvement extends beyond healthcare, with volunteer hours and financial support for various organizations and activities.
Official website here: www.baptistonline.org
Who is the CEO of Baptist Memorial Hospital- Jonesboro Inc?
Samuel S Lynd is the CEO of Baptist Memorial Hospital- Jonesboro Inc The CEO's salary of Baptist Memorial Hospital- Jonesboro Inc is $0 and their total compensation is $384,391.
Official website here: www.baptistonline.org
What is the revenue of Baptist Memorial Hospital- Jonesboro Inc?
Baptist Memorial Hospital- Jonesboro Inc's revenue in 2023 was $261,898,689.
Official website here: www.baptistonline.org
Who are the executives of Baptist Memorial Hospital- Jonesboro Inc and what are their salaries?
The average compensation at Baptist Memorial Hospital- Jonesboro Inc during 2023 was $41,811. There are 1870 employees and 55 volunteers at Baptist Memorial Hospital- Jonesboro Inc.
Here are 30 key members and their salaries (Baptist Memorial Hospital- Jonesboro Inc's CEO's salary is $0 and their total compensation is $384,391):
- Compensation: $0
- Related: $1,407,602
- Other: $87,814
- Compensation: $0
- Related: $1,083,221
- Other: $78,347
- Compensation: $0
- Related: $1,062,887
- Other: $83,871
- Compensation: $0
- Related: $851,431
- Other: $90,098
- Compensation: $0
- Related: $814,030
- Other: $67,577
- Compensation: $0
- Related: $528,908
- Other: $65,840
- Compensation: $0
- Related: $516,463
- Other: $57,692
- Compensation: $0
- Related: $507,328
- Other: $32,751
- Compensation: $0
- Related: $453,598
- Other: $71,375
- Compensation: $0
- Related: $450,694
- Other: $56,405
- Compensation: $0
- Related: $386,409
- Other: $84,879
- Compensation: $0
- Related: $413,646
- Other: $39,026
- Compensation: $0
- Related: $321,858
- Other: $62,533
- Compensation: $0
- Related: $226,170
- Other: $57,830
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $2,357,357
- Other: $99,285
- Compensation: $0
- Related: $1,120,752
- Other: $82,097
- Compensation: $207,702
- Related: $0
- Other: $47,601
- Compensation: $189,090
- Related: $0
- Other: $56,422
- Compensation: $158,218
- Related: $0
- Other: $71,482
- Compensation: $294,098
- Related: $0
- Other: $11
- Compensation: $258,582
- Related: $0
- Other: $12,639
- Compensation: $203,859
- Related: $0
- Other: $11,222
- Compensation: $198,498
- Related: $0
- Other: $22
- Compensation: $194,562
- Related: $0
- Other: $1,306
Official website here: www.baptistonline.org
Where can I find the form 990 for Baptist Memorial Hospital- Jonesboro Inc?
Baptist Memorial Hospital- Jonesboro Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.baptistonline.org
Learn more at the official website: www.baptistonline.org
Mission Statement of Baptist Memorial Hospital- Jonesboro Inc
Baptist Memorial Hospital-Jonesboro, Inc. is a dedicated healthcare provider that serves the community with integrity, providing essential medical services and education irrespective of race, creed, sex, national origin, disability, or age. The mission of this organization goes beyond reimbursement, recognizing that not all individuals have the means to purchase necessary medical services. As a result, Baptist Memorial Hospital-Jonesboro, Inc. extends a helping hand by offering free or subsidized care for those in need, serving persons covered by governmental programs, and providing health activities and programs for the community.
During the fiscal year ended September 30, 2022, Baptist Memorial Hospital-Jonesboro, Inc. demonstrated its commitment to the community by providing services to over 11,436 inpatients and 130,876 outpatients. The hospital recognized that many of these patients required below-cost reimbursement, and in keeping with its mission, the hospital considered the unpaid amounts as charity care. In total, the uncompensated value of providing care to these patients amounted to $742,547,780.
The organization's charitable acts extended beyond providing free or reduced-price medical services. Baptist Memorial Hospital-Jonesboro, Inc. also contributed significantly to various community programs, health promotion and education events, and other helpful organizations through direct financial support. These initiatives aimed at improving the overall health and well-being of the community, reflecting the organization's dedication to serving and supporting its members.
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Impact
October, 2024
Baptist Memorial Hospital-Jonesboro Inc. has a significant impact on the community by providing quality medical healthcare to individuals regardless of their background. With a commitment to inclusivity, the hospital serves all members of the community, recognizing the importance of access to healthcare.
During the fiscal year ending September 30, 2022, Baptist Memorial Hospital-Jonesboro served over 11,436 inpatients and more than 130,876 outpatients. This extensive reach underscores its role as a critical healthcare provider. The hospital's dedication to the underserved is highlighted by its provision of charity care, which amounted to an unreimbursed value of $742,547,780 for patients covered by governmental programs and the uninsured.
The hospital offers a wide range of services, from a busy surgery department performing over 8,000 procedures to a comprehensive cancer center. This extensive array of healthcare services is complemented by various community programs focused on health promotion and education. These include health fairs, screenings, and patient education classes designed to bolster community wellness.
In addition to healthcare services, Baptist Memorial Hospital-Jonesboro actively engages in community support through financial contributions and volunteer efforts. The hospital has partnered with various organizations, such as the American Cancer Society and the American Heart Association, providing essential resources to promote better health outcomes in the region.
Overall, Baptist Memorial Hospital-Jonesboro Inc. plays a vital role in enhancing community health, making healthcare accessible, and fostering a healthier environment for all residents.
This information is meant to be a general summary of Baptist Memorial Hospital- Jonesboro Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $23,918
- Program Service Revenue: $259,262,463
- Gross Receipts: $261,918,941
Assets and Liabilities:
- Total Assets: $252,606,149
- Total Liabilities: $335,742,939
- Net Assets: -$83,136,790
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REV.
Revenue
$256,342,095
RENT FROM AFFILIATES
Revenue
$2,920,368
Organization Details
Founding Year
2007
Principal Officer
Jason M Little
Website
www.baptistonline.orgNTEE Category
Code: E22 - Health
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