Overview
What is Baptist Memorial Hospital-Tipton Inc?
Baptist Memorial Hospital-Tipton Inc, based in Covington, Tennessee, is a dedicated nonprofit healthcare provider committed to serving the community regardless of race, creed, sex, national origin, handicap, or age. With a team of 636 employees, they prioritize quality care for all, offering free or subsidized care for those in need, and affordable services for those covered by governmental programs. Their services include an oncology department, ER, radiology, nursing/surgery/labor and delivery, and provided care for 1,299 inpatients and over 111,640 outpatients during the fiscal year 2022. The hospital supports various community programs, such as breast cancer awareness campaigns, nursing student clinical rotations, and partnerships with local organizations. They also host events like career days, health fairs, and blood drives. Their mission is to provide quality healthcare services and education to the community.
Official website here: www.baptistonline.org/locations/tipton
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Baptist Memorial Hospital-Tipton Inc has received an 81% rating from Charity Navigator, indicating a strong performance, particularly in the area of Accountability & Finance. The organization excels in several key areas, including having no material diversion of assets and maintaining robust financial oversight. Its policies on conflict of interest, whistleblower protections, and document retention are all fully compliant, reflecting a commitment to transparency and ethical governance.
The organization also demonstrates a healthy financial structure, with a liabilities to assets ratio of 22.28% and a high program expense ratio of 95.32%. This suggests that a significant portion of its resources is allocated directly to its mission-driven programs, which can be a positive indicator of its operational efficiency and impact in the community.
However, while the score is commendable, it is based solely on the Accountability & Finance beacon, without consideration of other potential operational metrics. This could mean that there are areas not covered by this evaluation that might provide a more comprehensive view of the organization's overall effectiveness and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Baptist Memorial Hospital-Tipton Inc legitimate?
Baptist Memorial Hospital-Tipton Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baptist Memorial Hospital-Tipton 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: $331,402
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,678,396
For more financial information, click here
Official website here: www.baptistonline.org/locations/tipton
What is the mission statement of Baptist Memorial Hospital-Tipton Inc?
Baptist Memorial Hospital-Tipton Inc is committed to providing quality healthcare services to the community, disregarding factors such as race, creed, sex, national origin, handicap, or age. The hospital's mission goes beyond reimbursement for services rendered, recognizing that not all individuals have the ability to purchase essential medical services. To uphold its commitment to the community, the hospital offers free or subsidized care to those in need, provides care to persons covered by governmental programs at below cost, and offers health activities and programs for various community members. During the fiscal year ended September 30, 2022, the hospital provided services for over 112,000 outpatients and 1,299 inpatients. In addition to medical services, the hospital offers education programs, supports local organizations, and engages in community activities, such as life blood drives, health fairs, and career days at high schools.
Official website here: www.baptistonline.org/locations/tipton
Who is the CEO of Baptist Memorial Hospital-Tipton Inc?
Jason M Little is the Director/President of Baptist Memorial Hospital-Tipton Inc. The CEO's salary of Baptist Memorial Hospital-Tipton Inc is $0 and their total compensation is $205,205.
Official website here: www.baptistonline.org/locations/tipton
What is the revenue of Baptist Memorial Hospital-Tipton Inc?
Baptist Memorial Hospital-Tipton Inc's revenue in 2022 was $204,889,336.
Official website here: www.baptistonline.org/locations/tipton
Who are the executives of Baptist Memorial Hospital-Tipton Inc and what are their salaries?
The average compensation at Baptist Memorial Hospital-Tipton Inc during 2022 was $44,041. There are 636 employees and 12 volunteers at Baptist Memorial Hospital-Tipton Inc.
Here are 20 key members and their salaries (Baptist Memorial Hospital-Tipton Inc's CEO's salary is $0 and their total compensation is $205,205):
- Compensation: $0
- Related: $3,403,662
- Other: $97,789
- Compensation: $0
- Related: $1,481,095
- Other: $87,399
- Compensation: $0
- Related: $1,386,768
- Other: $76,339
- Compensation: $0
- Related: $493,061
- Other: $71,266
- Compensation: $0
- Related: $48,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $2,006,787
- Other: $84,638
- Compensation: $0
- Related: $1,562,524
- Other: $80,090
- Compensation: $0
- Related: $168,593
- Other: $36,612
- Compensation: $139,575
- Related: $0
- Other: $25,864
- Compensation: $132,415
- Related: $0
- Other: $25,578
- Compensation: $0
- Related: $122,756
- Other: $30,970
- Compensation: $208,313
- Related: $0
- Other: $38,584
- Compensation: $81,560
- Related: $88,974
- Other: $53,078
- Compensation: $138,582
- Related: $0
- Other: $62,583
- Compensation: $163,356
- Related: $0
- Other: $31,495
- Compensation: $131,260
- Related: $0
- Other: $13,697
- Compensation: $0
- Related: $315,164
- Other: $46,861
Official website here: www.baptistonline.org/locations/tipton
Where can I find the form 990 for Baptist Memorial Hospital-Tipton Inc?
Baptist Memorial Hospital-Tipton Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.baptistonline.org/locations/tipton
Learn more at the official website: www.baptistonline.org/locations/tipton
Mission Statement of Baptist Memorial Hospital-Tipton Inc
Baptist Memorial Hospital-Tipton, Inc. is a committed healthcare provider that serves the community with dedication and respect, irrespective of race, creed, sex, national origin, handicap, or age. Its mission is to deliver top-quality healthcare services and education to all, acknowledging that not everyone can afford essential medical services. The organization believes in going above and beyond its financial obligations to fulfill its commitment to the community.
Baptist Memorial Hospital-Tipton, Inc. provides free care and subsidized care to individuals in need, ensuring that everyone has access to necessary medical attention. It caters to persons covered by governmental programs, providing services at below cost. Additionally, the organization offers various wellness programs, community education initiatives, and special programs for the elderly, disabled, medically underserved, and a broad spectrum of the community.
The hospital's largest programs include the Oncology Department, which performed over 250,000 procedures in the fiscal year ended September 30, 2022, and the ER Department, which had nearly 23,000 patient visits during the same period. The Nursing/Surgery/Labor and Delivery Department had 281 births, performed 314 surgeries, and had 3,815 patient days at a cost of $7,352,309. In total, Baptist Memorial Hospital-Tipton, Inc. provided services for 1,299 inpatients and over 111,640 outpatients during the fiscal year.
The organization's dedication to the community extends beyond its financial commitments. It provides education programs to the public, such as breast cancer awareness campaigns, and supports various organizations like the American Hospital Association, Tennessee Hospital Association, and local schools and law enforcement agencies. Baptist Memorial Hospital-Tipton, Inc. also engages in community activities, including life blood drives, career days, and health fairs.
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Impact
October, 2024
Baptist Memorial Hospital-Tipton Inc significantly impacts the community by providing essential medical services and educational programs to individuals, regardless of race, creed, sex, national origin, handicap, or age. This commitment ensures that healthcare is accessible to all, including those who are underserved or unable to afford medical care.
During the fiscal year ending September 30, 2022, the hospital served 1,299 inpatients and over 111,640 outpatients, demonstrating its pivotal role in addressing diverse health needs. Key departments, such as oncology, emergency, and radiology, performed hundreds of thousands of procedures, highlighting the hospital's extensive capabilities. For example, the oncology department alone conducted 250,472 procedures at a substantial cost, underscoring the hospital's investment in critical health services.
The hospital also recognizes the financial challenges faced by many in its community. In response, it provided charity care valued at $420,619,648, assisting patients covered by government programs like Medicare and Medicaid, as well as the uninsured. Through reduced-price services and free programs, Baptist Memorial Hospital-Tipton seeks to alleviate barriers to care, ensuring that critical services are offered to those in most need.
In addition to direct medical services, the hospital is dedicated to community health education. Programs such as breast cancer awareness initiatives and clinical training for nursing students enhance public health knowledge and promote preventative care behaviors. Collaboration with local organizations, schools, and health fairs further enriches community engagement, ensuring that vital health information and resources are accessible.
Baptist Memorial Hospital-Tipton Inc’s multifaceted approach to healthcare—delivering quality medical services, providing charity care, and committing to community education—reflects its unwavering mission to improve the health and well-being of the entire community.
This information is meant to be a general summary of Baptist Memorial Hospital-Tipton 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: $37,406
- Program Service Revenue: $200,861,008
- Gross Receipts: $205,009,776
Assets and Liabilities:
- Total Assets: $84,878,626
- Total Liabilities: $18,912,932
- Net Assets: $65,965,694
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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
$200,861,008
Organization Details
Founding Year
1982
Phone
(901) 476-2621Principal Officer
Jason M Little
Main Address
1995 HIGHWAY 51 SOUTH, COVINGTON, TN, 38019
NTEE Category
Code: E220 - Health
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