BAPTIST MEDICAL CENTER - LEAKE INC

EIN: 452896080 501(c)(3) Health Care

JACKSON, MS

Total Revenue
$20,914,717
Total Expenses
$21,863,026
Total Assets
$11,426,188
Net Assets
$-3,112,436
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MS
Principal Officer
JASON M LITTLE
Phone
6012671100
Tax Period
2023-10-01 to 2024-09-30

BAPTIST MEDICAL CENTER - LEAKE INC, founded in 2011, is a mid-sized nonprofit in the Health Care sector that reported $20.9M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF BAPTIST MEDICAL CENTER - LEAKE, INC. IS TO IMPROVE THE HEALTH OF THE COMMUNITIES IT SERVES BY PROVIDING EXCELLENT HEALTH CARE SERVICES BY CONTINUALLY IMPROVING THE QUALITY OF PATIENT CARE AND UTILIZING RESOURCES EFFICIENTLY AND EFFECTIVELY.

Program Service Accomplishments

Program 1
Expenses: $19,487,506 Revenue: $20,115,638

BAPTIST MEDICAL CENTER - LEAKE, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL...

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BAPTIST MEDICAL CENTER - LEAKE, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION AND STABILITY OF BAPTIST MEDICAL CENTER - LEAKE, INC., IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES, AND FURTHER, THAT THE MISSION OF BAPTIST MEDICAL CENTER - LEAKE, INC. IS TO SERVE THE COMMUNITY WITH RESPECT TO PROVIDING HEALTH CARE SERVICES AND HEALTH CARE EDUCATION. THEREFORE, IN KEEPING WITH ITS COMMITMENT TO SERVE ALL MEMBERS OF ITS COMMUNITY, BAPTIST MEDICAL CENTER - LEAKE, INC. PROVIDES THE FOLLOWING:- FREE CARE AND/OR SUBSIDIZED CARE WHERE THE NEED AND/OR AN INDIVIDUAL'S INABILITY TO PAY COEXIST,- CARE PROVIDED TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT BELOW COST, AND- HEALTH ACTIVITIES AND PROGRAMS TO SUPPORT THE COMMUNITY.THESE ACTIVITIES INCLUDE WELLNESS PROGRAMS, COMMUNITY EDUCATION PROGRAMS, SPECIAL PROGRAMS FOR THE ELDERLY, HANDICAPPED, MEDICALLY UNDERSERVED, AND A VARIETY OF BROAD COMMUNITY SUPPORT ACTIVITIES.BAPTIST MEDICAL CENTER - LEAKE, INC. OFFERS ACUTE CARE AND SWING BED, AS WELL AS MRI, VASCULAR ULTRASOUND, ECHOCARDIOGRAPHY, WOUND CARE AND PODIATRY SERVICES. THE HOSPITAL'S LEVEL IV EMERGENCY ROOM IS STAFFED BY QUALIFIED PHYSICIANS AND ANCILLARY STAFF. FAMILY HEALTH CARE SERVICES ARE OFFERED FROM THREE CLINIC LOCATIONS IN WALNUT GROVE, MISSISSIPPI AND CARTHAGE, MISSISSIPPI. A SENIOR LIFE INTENSIVE OUTPATIENT PROGRAM PROVIDES SUPPORT AND TREATMENT FOR ADULTS OVER AGE 55 WITH EMOTIONAL OR MENTAL DIFFICULTIES. A SWING BED PROGRAM OFFERS A MUCH NEEDED SERVICE FOR PATIENTS WHO NO LONGER NEED ACUTE HOSPITAL CARE, BUT DO NEED SKILLED NURSING OR THERAPY CARE TO COMPLETE THEIR RECOVERY.BAPTIST MEDICAL CENTER - LEAKE, INC. RECORDED 36,883 HOSPITAL PATIENT VISITS DURING ITS 2024 FISCAL YEAR. THIS CONSISTED OF 607 INPATIENT DISCHARGES WITH 4,738 DAYS OF CARE PROVIDED, 24,998 OUTPATIENT VISITS, AND 11,278 EMERGENCY ROOM VISITS. FINALLY, THE THREE PRIMARY CARE CLINICS PROVIDED SERVICES ON 19,101 OCCASIONS.BAPTIST MEDICAL CENTER - LEAKE, INC. PROVIDES CARE TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS FROM WHICH THE HOSPITAL RECEIVES PAYMENT AT LESS THAN MARKET VALUE REIMBURSEMENT. RECOGNIZING ITS MISSION TO THE COMMUNITY, SERVICES ARE PROVIDED TO MEDICARE, MEDICAID AND UNINSURED PATIENTS. TO THE EXTENT REIMBURSEMENT IS BELOW COST, BAPTIST MEDICAL CENTER - LEAKE, INC. RECOGNIZES THESE AMOUNTS AS CHARITY CARE IN MEETING ITS MISSION TO THE ENTIRE COMMUNITY.CHARITY CARE IS ALSO PROVIDED THROUGH MANY REDUCED-PRICE SERVICES AND FREE PROGRAMS OFFERED THROUGHOUT THE YEAR BASED UPON ACTIVITIES AND SERVICES WHICH BAPTIST MEDICAL CENTER - LEAKE, INC. BELIEVES WILL SERVE A BONA FIDE COMMUNITY HEALTH NEED.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $750,000
Program Service Revenue $19,967,853
Investment Income $-51
Other Revenue $196,915
TOTAL REVENUE $20,914,717

Expense Breakdown

Grants Paid $328
Salaries & Benefits $11,916,758
Fundraising Expenses $0
Program Expenses $19,487,506
Other Expenses $9,945,940
TOTAL EXPENSES $21,863,026

Year-over-Year Comparison

2023 2022 Change
Revenue $20,914,717 $19,334,298 +0.1%
Expenses $21,863,026 $19,110,913 +0.1%
Net Income $-948,309 $223,385 -5.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
240
Volunteers
34

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$5,647,517
Total Directors
5
$30,000
Key Employees
1
$360,175
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARTHUR SKIP JERNIGAN DIRECTOR 1.00
Director
$0 $0 $30,000
BRIAN PICKENS DIRECTOR 0.23
Director
$0 $0 $0
JEFF WEBB CHAIRMAN 1.00
Director
$0 $0 $0
MARCUS MANN DIRECTOR 0.23
Director
$0 $0 $0
MIKKI OGLETREE DIRECTOR 0.23
Director
$0 $0 $0
JASON M LITTLE PRESIDENT 0.23
Officer
$0 $108,222 $3,155,218
GREGORY M DUCKETT SECRETARY 0.23
Officer
$0 $90,318 $1,346,501
JAMES MARTIN MD CMO 20.00
Officer
$0 $59,846 $484,961
DARYL WEAVER CEO 40.00
Officer
$0 $42,356 $294,907
BRENDA HOWIE CNO 2.00
Officer
$0 $53,905 $249,037
JENIFER MCCAIN CFO 20.00
Officer
$0 $22,721 $116,893
LEE ANN FOREMAN CHIEF HUMAN RESOURCES OFFICER 4.00
Key Emp
$0 $45,908 $360,175
JONATHAN BUCHANAN MD PHYSICIAN 40.00
Highest
$296,006 $56,916 $352,922
WILLIAM PERRY MD PHYSICIAN 40.00
Highest
$235,954 $61,143 $297,097
TOMMIE JONES NURSE PRACTITIONER 40.00
Highest
$123,280 $40,825 $164,105
BOBBIE MOONEY NURSE PRACTITIONER 40.00
Highest
$129,328 $31,553 $160,881
JOSEPH B TULLOS NURSE PRACTITIONER 40.00
Highest
$140,485 $404 $140,889
GARY C ANDERSON FORMER VP MS MKT OPERATIONS 0.00
$0 $88,606 $1,300,745
WILLIAM F THOMPSON FORMER CFO 0.00
$0 $64,606 $455,098
MICHAEL D MAPLES FORMER VP CHIEF OF MED. OPS. 0.00
$0 $44,487 $360,626
MICHAEL K STEVENS FORMER VP BUSINESS DEVELOPMENT 0.00
$0 $37,002 $323,375
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $20,914,717 $21,863,026 $11,426,188 $-948,309
2023 $19,334,298 $19,110,913 $12,467,394 $223,385
2022 $20,674,026 $22,104,398 $16,183,035 $-1,430,372
2021 $32,179,386 $22,785,551 $17,003,724 $9,393,835
2020 $20,763,008 $21,394,388 $31,473,400 $-631,380
2019 $19,349,746 $20,858,477 $24,033,760 $-1,508,731
2018 $20,506,898 $21,865,266 $24,912,050 $-1,358,368
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