Baptist Health Properties Inc
- Assets
- $139.6m
- Revenue
- $14.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 08/1985
- Data as of
- 09/2023
- EIN
- 59-2487133
Organization Overview
Baptist Health Properties Inc is located in Jacksonville, FL. The organization was established in 1985. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is the central organization for a national or regional group of organizations. Baptist Health Properties 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 Health Properties Inc generated $14.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $10.8m during the year ending 09/2023. While expenses have increased by 6.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CONTINUE THE HEALING MINISTRY OF CHRIST BY PROVIDING ACCESSIBLE, QUALITY HEALTHCARE SERVICES AT A REASONABLE COST IN AN ATMOSPHERE THAT FOSTERS RESPECT AND COMPASSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BAPTIST HEALTH PROPERTIES, INC. (BHP) OWNS AND MANAGES VARIOUS REAL ESTATE PROPERTIES THAT ARE PRIMARILY LEASED TO VARIOUS HEALTHCARE-RELATED ENTITIES THAT ARE PART OF BAPTIST HEALTH SYSTEM, INC. (BHS), AN EXEMPT 501(C)(3) CHARITABLE HOSPITAL SYSTEM LOCATED IN NORTHEAST FLORIDA, AS WELL AS OTHER 501(C)(3) MEDICAL-RELATED ENTITIES. THESE PROPERTIES INCLUDE MEDICAL OFFICE BUILDINGS WITHIN CLOSE PROXIMITY TO BHS'S SIX HOSPITALS, FREE PARKING LOTS FOR EMPLOYEES AND PATIENTS, AND VACANT LAND FOR FUTURE USE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed VP And Former Treasurer (as Of 05.01.23) | OfficerTrustee | 0.5 | $0 |
Name Not Listed President | OfficerTrustee | 0.5 | $0 |
Name Not Listed Chair | OfficerTrustee | 0.5 | $0 |
Name Not Listed Director | Trustee | 0.1 | $0 |
Name Not Listed Secretary | Officer | 0.5 | $0 |
Name Not Listed Treasurer/former Asst. Treasurer (as Of 05.01.23) | Officer | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Auld & White Constructors Inc Construction | 9/29/23 | $2,450,865 |
Meadows And Ohly Llc Real Estate Services | 9/29/23 | $121,178 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| 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 | $0 |
| Total Program Service Revenue | $13,723,605 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $304,313 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,027,918 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $65 |
| Fees for services: Legal | $0 |
| 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 | $34,177 |
| Advertising and promotion | $0 |
| Office expenses | $486,046 |
| Information technology | $31,305 |
| Royalties | $0 |
| Occupancy | $9,174,262 |
| Travel | $3,581 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $120,498 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $907,488 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $10,785,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $139,849 |
| Net Land, buildings, and equipment | $132,073,893 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,397,578 |
| Total assets | $139,611,320 |
| Accounts payable and accrued expenses | $3,588,878 |
| Grants payable | $0 |
| Deferred revenue | $223,679 |
| 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 | $124,435,231 |
| Total liabilities | $128,247,788 |
| Net assets without donor restrictions | $11,363,532 |
| 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 | $139,611,320 |