Overview
What is Baptist Health Properties Inc?
Baptist Health Properties Inc, based in Jacksonville, Florida, is a nonprofit organization that focuses on managing and owning real estate properties. Primarily, these properties are leased to healthcare-related entities that fall under Baptist Health System Inc, a charitable hospital system, and other medical-related 501(c)(3) organizations. The properties encompass medical office buildings close to Baptist Health's five hospitals, ample free parking spaces for both staff and patients, and vacant land for potential future developments. The primary aim of Baptist Health Properties Inc, as expressed in their mission, is to continue the healing ministry of Christ, providing affordable, high-quality healthcare services in a compassionate environment.
Official website here: www.baptistjax.com
What are the reviews and ratings of this charity?
Baptist Health Properties Inc has a Two-Star out of Four Star rating on Charity Navigator, with a score of 66%. This rating indicates a moderate level of accountability and financial health, derived exclusively from their Accountability & Finance beacon. This suggests that while they may manage their funds appropriately, there may be some governance complexities needing attention.
A significant limitation noted is the absence of independent board members, which is crucial for organizational oversight and good governance. Additionally, their liabilities-to-assets ratio is notably high at 91.77%, which could be a red flag for potential financial instability. On a positive note, the organization excels in financial reporting, having full scores on audit procedures, material diversion of assets, and many critical operational policies.
The organization's program expense ratio is strong at 85.51%, indicative of funds being effectively utilized towards its mission. Despite missing independent and seemly voting board members, their compliance with other accountability standards like conflict of interest and whistleblower policies suggests a commitment to some key transparency practices. However, without user reviews on GreatNonprofits, further insights into community sentiment and stakeholder engagement are unavailable.
This AI summary has been generated from information found on Charity Navigator.
Is Baptist Health Properties Inc legitimate?
Baptist Health Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baptist Health Properties 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.baptistjax.com
What is the mission statement of Baptist Health Properties Inc?
Baptist Health Properties Inc, as an organization, is committed to continuing the healing ministry of Christ by offering accessible, top-notch healthcare services at affordable prices. The atmosphere they foster is one that promotes respect and compassion. This mission is accomplished primarily through leasing their real estate properties to various healthcare-related entities, such as hospitals and medical-related charities. Their properties, which include medical office buildings, parking lots, and vacant land for future use, are strategically placed to serve these healthcare entities effectively.
Official website here: www.baptistjax.com
Who is the CEO of Baptist Health Properties Inc?
Unavailable
Official website here: www.baptistjax.com
What is the revenue of Baptist Health Properties Inc?
Baptist Health Properties Inc's revenue in 2022 was $11,714,055.
Official website here: www.baptistjax.com
Who are the executives of Baptist Health Properties Inc and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $896,267
- Other: $27,396
- Compensation: $0
- Related: $876,582
- Other: $135,841
- Compensation: $0
- Related: $1,357,493
- Other: $47,469
- Compensation: $0
- Related: $1,011,917
- Other: $288,355
- Compensation: $0
- Related: $268,865
- Other: $5,731
- Compensation: $0
- Related: $695,986
- Other: $136,761
- Compensation: $0
- Related: $424,589
- Other: $121,812
- Compensation: $0
- Related: $2,130,059
- Other: $11,393
Official website here: www.baptistjax.com
Where can I find the form 990 for Baptist Health Properties Inc?
Baptist Health Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.baptistjax.com
Learn more at the official website: www.baptistjax.com
Mission Statement of Baptist Health Properties Inc
Baptist Health Properties Inc, as a mission-driven organization, is dedicated to continuing the healing ministry of Christ. They accomplish this by providing accessible, high-quality healthcare services at reasonable costs. The organization operates in an environment that promotes respect and compassion, ensuring that all individuals who interact with its services feel valued and supported. By owning and managing various real estate properties, primarily leased to healthcare-related entities affiliated with Baptist Health System Inc and other 501(c)(3) medical organizations, Baptist Health Properties Inc plays a crucial role in facilitating the delivery of essential healthcare services.
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Impact
July, 2024
Baptist Health Properties Inc's impact is significant in the community improvement sector by owning and managing various real estate properties that support the provision of quality healthcare services. Their properties, including medical office buildings, free parking lots, and vacant land, play a crucial role in enabling healthcare-related entities to operate effectively within the Baptist Health System. By providing accessible and affordable healthcare services in a compassionate environment, Baptist Health Properties Inc continues the healing ministry of Christ and positively impacts the health and well-being of individuals in Northeast Florida.
This information is meant to be a general summary of Baptist Health Properties 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 2022.
- Program Service Revenue: $11,464,055
- Gross Receipts: $11,714,055
Assets and Liabilities:
- Total Assets: $134,827,111
- Total Liabilities: $123,733,316
- Net Assets: $11,093,795
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Revenue
Revenue
$11,464,055
Organization Details
Founding Year
1983
Phone
(904) 202-2883Main Address
1660 Prudential Dr 203, Jacksonville, FL, 32207
Website
www.baptistjax.comNTEE Category
Code: S47 - Community improvement
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