Baptist Outpatient Services Inc is located in Coral Gables, FL. The organization was established in 2003. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 09/2023, Baptist Outpatient Services Inc employed 902 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Outpatient Services Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Baptist Outpatient Services Inc generated $179.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $162.1m during the year ending 09/2023. While expenses have increased by 5.5% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE FORM 990, PART III, LINE 1
Describe the Organization's Program Activity:
SEE SCHEDULE O
SEE SCHEDULE O
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 2 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hologic Inc Maintenance Contracts | 9/29/23 | $8,036,287 |
Siemens Health Services Medical Equipment | 9/29/23 | $6,697,192 |
Med-lab Supply Co Inc Maintenance Contracts | 9/29/23 | $8,392,511 |
Ge Precision Healthcare Llc Maintenance Contracts | 9/29/23 | $6,606,005 |
Radiology Associates Of South Fl Llc Physician Services | 9/29/23 | $4,267,734 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $274,578 |
| Government grants | $0 |
| 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 | $274,578 |
| Total Program Service Revenue | $178,886,547 |
| Investment income | $29,232 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$443,630 |
| Net Gain/Loss on Asset Sales | $80,002 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $178,983,880 |
| 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. | $1,404,909 |
| Compensation of current officers, directors, key employees. | $1,404,909 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,309,168 |
| Pension plan accruals and contributions | $1,917,702 |
| Other employee benefits | $6,629,665 |
| Payroll taxes | $3,569,298 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $289,944 |
| 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 | $32,562,184 |
| Advertising and promotion | $1,206,375 |
| Office expenses | $3,975,403 |
| Information technology | $10,289,644 |
| Royalties | $0 |
| Occupancy | $14,540,059 |
| Travel | $160,721 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $648 |
| Interest | $96,428 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,728,440 |
| Insurance | $1,852,911 |
| All other expenses | $2,828,981 |
| Total functional expenses | $162,088,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,015 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,943,566 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $42,092 |
| Prepaid expenses and deferred charges | $3,042,289 |
| Net Land, buildings, and equipment | $58,800,429 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,271,390 |
| Other assets | $39,607,137 |
| Total assets | $117,708,918 |
| Accounts payable and accrued expenses | $26,936,914 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $5,197,918 |
| 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 | $43,925,671 |
| Total liabilities | $76,060,503 |
| Net assets without donor restrictions | $38,444,359 |
| Net assets with donor restrictions | $3,204,056 |
| 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 | $117,708,918 |