Overview
What is Baptist Healthcare System Inc?
Baptist Healthcare System Inc, based in Louisville, Kentucky, is a nonprofit organization dedicated to delivering quality healthcare services. With a presence in both Kentucky and Indiana, they operate seven acute-care hospitals, clinics, and wellness centers. The mission of Baptist Healthcare System is to provide compassionate care, rooted in their Christian heritage, and enhance the health of the people and communities they serve. Their vision aims for national recognition as the premier healthcare source in the region, driven by clinical excellence, growth, and a commitment to the needs of their communities and patients. The organization's culture is guided by values of integrity, respect, stewardship, excellence, collaboration, compassion, and joy.
Official website here: www.baptisthealth.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
Baptist Healthcare System Inc has achieved a Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization scored 100% in this category, indicating robust governance practices and effective financial management. With a majority of independent board members and comprehensive policies in place, the nonprofit demonstrates a high level of transparency and responsibility in its operations.
Key strengths include a financial statements oversight committee and strong ratios, such as an appealing program expense ratio of 88.97%. The organization is dedicated to ensuring its resources are efficiently utilized for its mission, with no material diversions of assets reported. These measures contribute to a solid reputation in the nonprofit sector, fostering donor confidence.
While the data highlights the strengths of Baptist Healthcare System Inc, it is essential to continually monitor such organizations to ensure they maintain their high standards. Overall, the organization shows a strong financial footing and effective governance, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Baptist Healthcare System Inc legitimate?
Baptist Healthcare System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baptist Healthcare System 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: $5,806,354
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,242,201,343
For more financial information, click here
Official website here: www.baptisthealth.com
What is the mission statement of Baptist Healthcare System Inc?
Baptist Healthcare System Inc is committed to providing quality healthcare services and enhancing the health of the people and communities they serve. This mission is deeply rooted in the organization's Christian heritage. The vision of Baptist Healthcare System is to be recognized as a leading healthcare provider in Kentucky and Indiana, known for clinical excellence, compassionate care, and a growth model that caters to the needs of the communities and patients. The mission and vision of Baptist Healthcare System are reflected in the organization's culture, guided by values such as integrity, respect, stewardship, excellence, collaboration, compassion, and joy.
Official website here: www.baptisthealth.com
Who is the CEO of Baptist Healthcare System Inc?
Gerard Colman is the Principal Officer of Baptist Healthcare System Inc. The CEO's salary of Baptist Healthcare System Inc is $3,233,092 and their total compensation is $3,563,038.
Official website here: www.baptisthealth.com
What is the revenue of Baptist Healthcare System Inc?
Baptist Healthcare System Inc's revenue in 2022 was $3,703,027,563.
Official website here: www.baptisthealth.com
Who are the executives of Baptist Healthcare System Inc and what are their salaries?
The average compensation at Baptist Healthcare System Inc during 2022 was $60,061. There are 20779 employees and 800 volunteers at Baptist Healthcare System Inc.
Here are 24 key members and their salaries (Baptist Healthcare System Inc's CEO's salary is $3,233,092 and their total compensation is $3,563,038):
- Compensation: $3,233,092
- Related: $0
- Other: $329,946
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $1,627,181
- Related: $0
- Other: $38,060
- Compensation: $1,089,048
- Related: $0
- Other: $39,420
- Compensation: $1,609,011
- Related: $0
- Other: $176,814
- Compensation: $1,202,434
- Related: $0
- Other: $153,609
- Compensation: $977,160
- Related: $0
- Other: $129,191
- Compensation: $866,240
- Related: $0
- Other: $33,772
- Compensation: $844,815
- Related: $0
- Other: $113,039
- Compensation: $969,533
- Related: $0
- Other: $22,485
Official website here: www.baptisthealth.com
Where can I find the form 990 for Baptist Healthcare System Inc?
Baptist Healthcare System Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.baptisthealth.com
Learn more at the official website: www.baptisthealth.com
Mission Statement of Baptist Healthcare System Inc
Baptist Healthcare System Inc, a prominent nonprofit organization, strives to embody its Christian heritage by delivering top-notch healthcare services that enhance the overall health and wellbeing of the people they serve. Their mission is twofold: first, to provide quality healthcare that meets the diverse needs of their communities, and second, to uphold the values of integrity, respect, stewardship, excellence, collaboration, compassion, and joy in all aspects of their work. By incorporating these values into their day-to-day operations, Baptist Healthcare System aims to become the premier healthcare provider in Kentucky and Indiana, recognized for clinical excellence, compassionate care, and a growth model that caters to the evolving needs of their communities and patients.
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Impact
October, 2024
Baptist Healthcare System Inc significantly impacts healthcare in Kentucky and Indiana by providing quality medical services to enhance community health. With seven acute-care hospitals in Kentucky, along with various clinics and wellness centers, it plays a crucial role in meeting the healthcare needs of local populations. The organization is dedicated to clinical excellence and compassionate care, fostering trust and ensuring that patients receive the support they need.
Its mission reflects a strong commitment to improving the health of individuals and communities, guided by core values such as integrity, respect, and collaboration. Furthermore, Baptist Healthcare System's vision aims for national recognition as a premier healthcare provider, indicating its intention to lead in both innovation and quality of care. This focus not only addresses immediate healthcare needs but also contributes to long-term wellness and community development. By prioritizing the health of the communities it serves, Baptist Healthcare System Inc shapes a healthier future for those in its reach.
This information is meant to be a general summary of Baptist Healthcare System 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.
- Investment Income: $200,239,848
- Program Service Revenue: $3,386,694,361
- Gross Receipts: $3,703,027,563
Assets and Liabilities:
- Total Assets: $4,254,824,382
- Total Liabilities: $1,926,054,821
- Net Assets: $2,328,769,561
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Insurance & Patient Pa
Revenue
$1,671,977,813
Medicare & Medicaid Pa
Revenue
$1,457,176,797
Pharmacy Revenue
Revenue
$167,657,294
Management Fees-Exempt
Revenue
$55,346,911
Exempt & MOB Rent
Revenue
$20,420,319
Organization Details
Founding Year
1918
Phone
(502) 896-5000Principal Officer
Gerard Colman
Main Address
1901 Campus Place, Louisville, KY, 402992038
Website
www.baptisthealth.comNTEE Category
Code: E210 - Health
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