Baptist Health Medical Group Inc is located in Coral Gables, FL. The organization was established in 2014. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 09/2020, Baptist Health Medical Group Inc employed 1,573 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 09/2020, Baptist Health Medical Group Inc generated $1.1b in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 42.6% each year . All expenses for the organization totaled $366.6m during the year ending 09/2020. While expenses have increased by 8.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE FORM 990, PART III, LINE 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
SEE SCHEDULE O
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Former Evp | 0 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Virtual Imaging Inc Construction | 9/29/20 | $934,125 |
Scrivas Llc Transcription Service | 9/29/20 | $478,236 |
Jik Plantation Llp Construction | 9/29/20 | $308,700 |
Gallagher Benefit Services Inc Purchased Services | 9/29/20 | $489,762 |
All Star Recruiting Locums Llc Physician Services | 9/29/20 | $319,312 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $873,363,087 |
Government grants | $2,896,113 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $876,259,200 |
Total Program Service Revenue | $168,127,914 |
Investment income | $8,072 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $20,134 |
Net Gain/Loss on Asset Sales | -$2,611 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,053,991,722 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $512,723 |
Compensation of current officers, directors, key employees. | $512,723 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $220,803,506 |
Pension plan accruals and contributions | $3,159,509 |
Other employee benefits | $11,482,345 |
Payroll taxes | $10,499,276 |
Fees for services: Management | $0 |
Fees for services: Legal | $103,512 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $52,436,102 |
Advertising and promotion | $3,059,009 |
Office expenses | $2,344,077 |
Information technology | $809,041 |
Royalties | $0 |
Occupancy | $13,452,940 |
Travel | $666,086 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,705,264 |
Insurance | $12,358,226 |
All other expenses | $208,156 |
Total functional expenses | $366,587,707 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,600 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $10,900,316 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $3,493,589 |
Prepaid expenses and deferred charges | $5,668,459 |
Net Land, buildings, and equipment | $8,239,219 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $51,577,328 |
Total assets | $79,890,511 |
Accounts payable and accrued expenses | $70,826,197 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $66,597,237 |
Total liabilities | $137,423,434 |
Net assets without donor restrictions | -$57,532,923 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $79,890,511 |
Over the last fiscal year, we have identified 2 grants that Baptist Health Medical Group Inc has recieved totaling $25,795.
Awarding Organization | Amount |
---|---|
Baptist Health South Florida Foundation Inc Coral Gables, FL PURPOSE: OPERATIONS | $15,795 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Baptist Health Of South Florida Inc Coral Gables, FL | $6,800,060,279 | $1,294,005,107 |
Anc Healthcare Inc Winter Park, FL | $342,432,322 | $16,442,127 |
Baycare Health Systems Inc Clearwater, FL | $6,226,593,311 | $818,608,318 |
Floyd Healthcare Management Inc Rome, GA | $548,593,704 | $501,302,033 |
Health First Health Plans Inc Rockledge, FL | $174,603,605 | $443,031,050 |
Orlando Health Medical Group Inc Orlando, FL | $56,252,552 | $255,061,880 |
Baptist Health Medical Group Inc Coral Gables, FL | $79,890,511 | $1,053,991,722 |
Gulf Health Hospitals Inc Mobile, AL | $222,273,291 | $261,562,236 |
Health First Shared Services Inc Rockledge, FL | $1,106,623,021 | $279,445,215 |
Northeast Georgia Physicians Group Inc Gainesville, GA | $33,520,552 | $202,961,239 |
Baptist Health System Inc Jacksonville, FL | $385,417,195 | $182,762,120 |
Pasco-Pinellas Hillsborough Community Health System Inc Wesley Chapel, FL | $420,012,464 | $266,376,815 |