Bartow Regional Medical Center Inc

EIN: 475387418 501(c)(3) Health Care

Bartow, FL

Total Revenue
$103,661,847
Total Expenses
$87,857,851
Total Assets
$144,205,154
Net Assets
$138,851,316
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
FL
Phone
8635338111
Tax Period
2023-01-01 to 2023-12-31

Bartow Regional Medical Center Inc, founded in 2015, is a major nonprofit in the Health Care sector that reported $103.7M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $15.8M, a strong 15% operating margin.

Mission

To improve the health of all we serve through community-owned health care services that set the standard for high-quality, compassionate care.

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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 $0
Program Service Revenue $102,782,531
Investment Income $0
Other Revenue $879,316
TOTAL REVENUE $103,661,847

Expense Breakdown

Grants Paid $461,281
Salaries & Benefits $40,476,206
Fundraising Expenses $0
Program Expenses $74,254,445
Other Expenses $46,920,364
TOTAL EXPENSES $87,857,851

Year-over-Year Comparison

2023 2022 Change
Revenue $103,661,847 $94,968,523 +0.1%
Expenses $87,857,851 $80,584,605 +0.1%
Net Income $15,803,996 $14,383,918 +0.1%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
17
Independent Members
14
Employees
553
Volunteers
26

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
4
$1,927,884
Total Directors
17
$4,453,855
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE/CHAIR 1.0
Officer Director
$0 $0 $0
N/A TRUSTEE/Chief Operating Officer 5.0
Officer Director
$0 $93,501 $1,139,697
N/A TRUSTEE/SECRETARY/TREASURER 1.0
Officer Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE/PRESIDENT SFBH & BRMC 21.0
Director
$0 $66,458 $604,916
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE/PRESIDENT & CEO BAYCARE 1.0
Director
$0 $133,128 $2,709,242
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A VP, CFO BAYCARE HOSP DIV 1.0
Officer
$0 $113,177 $788,187
N/A CLINICAL NURSE II 45.0
Highest
$156,219 $13,301 $182,893
N/A MANAGER PHARMACY 45.0
Highest
$185,816 $17,216 $203,032
N/A DIR OPERATIONS BARTOW REG MED CNTR 45.0
Highest
$186,482 $14,621 $201,103
N/A CLINICAL NURSE III - ER 45.0
Highest
$188,252 $21,758 $210,010
N/A DIRECTOR OF PATIENT SERVICES 45.0
Highest
$159,217 $27,087 $186,304
N/A FORMER VP, CFO BMG, AMB 0.0
$0 $68,614 $830,500
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 No data No data No data No data
2023 $103,661,847 $87,857,851 $144,205,154 $15,803,996
2022 $94,968,523 $80,584,605 $127,369,625 $14,383,918
2021 $88,671,000 $75,353,612 $115,666,136 $13,317,388
2020 $76,626,341 $64,782,996 $103,270,855 $11,843,345
2019 $72,035,236 $61,345,717 $88,057,644 $10,689,519
2018 $78,006,110 $69,444,726 $78,036,844 $8,561,384
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