Baptist Hospital Of Miami Inc is located in Miami, FL. The organization was established in 1963. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2019, Baptist Hospital Of Miami Inc employed 5,991 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 09/2019, Baptist Hospital Of Miami Inc generated $1.7b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $1.4b during the year ending 09/2019. While expenses have increased by 5.9% 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
2019
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
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed President Of Medical Staff Affairs | 0 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Robins & Morton Group Construction Services | 9/29/19 | $26,145,229 |
Philips Electronics North America Corp Service Contracts | 9/29/19 | $3,338,963 |
Urgent Care Physicians Of Sfl Physician Services | 9/29/19 | $8,622,801 |
Hensel Phelps Construction Co Construction Services | 9/29/19 | $3,000,000 |
Ob Hospitalist Group Llc Physician Services | 9/29/19 | $2,354,864 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $465,606 |
Investment income | $400,479 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$259,652 |
Net Gain/Loss on Asset Sales | -$771,894 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,717,731,038 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $65 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,691,283 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $351,472,473 |
Pension plan accruals and contributions | $14,742,262 |
Other employee benefits | $40,265,139 |
Payroll taxes | $24,893,900 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,194,526 |
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 | $147,679,145 |
Advertising and promotion | $9,890,440 |
Office expenses | $44,168,280 |
Information technology | $84,188,235 |
Royalties | $0 |
Occupancy | $29,009,034 |
Travel | $385,912 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $424 |
Interest | $16,466,341 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $61,120,037 |
Insurance | $28,333,896 |
All other expenses | $0 |
Total functional expenses | $1,435,509,393 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $49,200 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $162,169,372 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $17,216,219 |
Prepaid expenses and deferred charges | $3,021,667 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $65,660,600 |
Total assets | $1,106,590,034 |
Accounts payable and accrued expenses | $163,698,923 |
Grants payable | $0 |
Deferred revenue | $2,615,800 |
Tax-exempt bond liabilities | $190,463,917 |
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 | $319,417,971 |
Total liabilities | $676,196,611 |
Net assets without donor restrictions | $373,086,489 |
Net assets with donor restrictions | $54,987,993 |
Capital stock or trust principal, or current funds | $2,318,941 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $430,393,423 |
Over the last fiscal year, we have identified 1 grants that Baptist Hospital Of Miami Inc has recieved totaling $8,990.
Awarding Organization | Amount |
---|---|
Mayo Clinic Group Return Rochester, MN PURPOSE: SUPPORT RESEARCH PROGRAM | $8,990 |
Beg. Balance | $2,318,941 |
Ending Balance | $2,318,941 |
Organization Name | Assets | Revenue |
---|---|---|
Piedmont Hospital Incorporated Atlanta, GA | $1,763,549,225 | $1,110,027,803 |
Shands Jacksonville Medical Center Inc Jacksonville, FL | $664,920,656 | $872,003,409 |
Lakeland Regional Medical Center Inc Lakeland, FL | $848,882,351 | $905,422,211 |
Morton Plant Hospital Association Inc Clearwater, FL | $1,199,138,244 | $852,052,211 |
Medical Center Of Central Georgia Inc Macon, GA | $1,263,100,131 | $832,091,905 |
Mount Sinai Medical Center Of Florida Inc Miami Beach, FL | $1,036,825,508 | $767,922,503 |
University Community Hospital Inc Tampa, FL | $1,125,458,239 | $761,872,885 |
Tallahassee Memorial Healthcare Inc Tallahassee, FL | $991,316,249 | $705,262,777 |
Holmes Regional Medical Center Rockledge, FL | $836,033,476 | $676,432,078 |
Baptist Hospital Inc Pensacola, FL | $424,581,073 | $637,271,785 |
Cobb Hospital Marietta, GA | $377,533,901 | $772,795,328 |
South Miami Hospital Inc Miami, FL | $328,157,202 | $674,336,307 |
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