BAPTIST MEMORIAL REGIONAL REHABILITATION SERVICES INC

EIN: 581645396 501(c)(3) Health Care

MEMPHIS, TN

Total Revenue
$8,283,573
Total Expenses
$12,674,879
Total Assets
$4,361,729
Net Assets
$-33,734,081
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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
TN
Principal Officer
JASON M LITTLE
Phone
9012753300
Tax Period
2023-10-01 to 2024-09-30

BAPTIST MEMORIAL REGIONAL REHABILITATION SERVICES INC, founded in 1987, is a community nonprofit in the Health Care sector that reported $8.3M in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $12.7M exceeded revenue, resulting in a 53% operating deficit.

Mission

OUR MISSION AT BAPTIST MEMORIAL REGIONAL REHABILITATION SERVICES, INC. IS TO SERVE THE COMMUNITY WITH RESPECT TO PROVIDING HEALTH CARE SERVICES AND HEALTH CARE EDUCATION. THEREFORE, IN KEEPING WITH BAPTIST MEMORIAL HEALTH CARE CORPORATION'S COMMITMENT TO SERVE ALL MEMBERS OF ITS COMMUNITY, SERVICES ARE PROVIDED REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE.

Program Service Accomplishments

Program 1
Expenses: $11,359,331 Revenue: $8,214,286

BAPTIST MEMORIAL REGIONAL REHABILITATION SERVICES, INC. PROVIDES REHABILITATION SERVICES AND MEDICAL HEALTH CARE TO PATIENTS REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE...

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BAPTIST MEMORIAL REGIONAL REHABILITATION SERVICES, INC. PROVIDES REHABILITATION SERVICES AND MEDICAL HEALTH CARE TO PATIENTS REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION AND STABILITY OF BAPTIST MEMORIAL REGIONAL REHABILITATION SERVICES, INC., IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES, AND FURTHER, THAT OUR MISSION 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 MEMORIAL REGIONAL REHABILITATION SERVICES, 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, AND SPECIAL PROGRAMS FOR THE ELDERLY, HANDICAPPED, MEDICALLY UNDERSERVED, AND A VARIETY OF BROAD COMMUNITY SUPPORT ACTIVITIES. BAPTIST MEMORIAL REGIONAL REHABILITATION SERVICES, 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 MEMORIAL REGIONAL REHABILITATION SERVICES, INC. RECOGNIZES THESE AMOUNTS AS CHARITY CARE IN MEETING ITS MISSION TO THE ENTIRE COMMUNITY. DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2024, THE UNREIMBURSED VALUE OF PROVIDING CARE TO THESE PATIENTS WAS $34,313,447. CHARITY CARE IS ALSO PROVIDED THROUGH MANY REDUCED-PRICE SERVICES AND FREE PROGRAMS OFFERED THROUGHOUT THE YEAR BASED UPON ACTIVITIES AND SERVICES WHICH BAPTIST MEMORIAL REGIONAL REHABILITATION SERVICES, INC. BELIEVES WILL SERVE A BONA FIDE COMMUNITY HEALTH NEED. BAPTIST MEMORIAL RESTORATIVE CARE HOSPITAL, A DIVISION OF BAPTIST MEMORIAL REGIONAL REHABILITATION SERVICES, INC., IS A 30-BED, LONG-TERM, ACUTE-CARE HOSPITAL LOCATED WITHIN BAPTIST MEMORIAL HOSPITAL-MEMPHIS. IT IS DESIGNED SPECIFICALLY FOR PATIENTS WHO REQUIRE CONTINUED CARE OVER AN EXTENDED LENGTH OF TIME. MOST OF BAPTIST MEMORIAL RESTORATIVE CARE HOSPITAL'S PATIENTS ARE ADMITTED FROM THE INTENSIVE CARE AND SUBACUTE CARE UNITS. MOST PATIENTS STAY AT LEAST FOUR WEEKS. THE HOSPITAL PROVIDES A MULTIDISCIPLINARY APPROACH FOR WEANING PATIENTS FROM THE VENTILATOR AND OUR WOUND CARE PROGRAM. BAPTIST MEMORIAL RESTORATIVE CARE HOSPITAL SERVICED OVER 156 PATIENT DISCHARGES DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2024. BAPTIST MEMORIAL REGIONAL REHABILITATION SERVICES, INC. ALSO PROVIDES A NUMBER OF SERVICES IN THE COMMUNITY, PRIMARILY IN THE AREAS OF HEALTH EDUCATION AND SCHOOL PROGRAMS. BAPTIST MEMORIAL REGIONAL REHABILITATION SERVICES, INC. OFFERS MANY SUPPORT GROUPS SUCH AS THE STROKE AND DIABETES SUPPORT GROUPS. BAPTIST MEMORIAL REGIONAL REHABILITATION SERVICES, INC. ALSO PARTICIPATES AND SUPPORTS ITS PARENT, BAPTIST MEMORIAL HEALTH CARE CORPORATION, IN MANY SPECIAL ACTIVITIES SUCH AS ADOPT-A-SCHOOL, DONATIONS OF CASH, EQUIPMENT AND VOLUNTEER TIME, AS WELL AS, HEALTH FAIRS, DIABETES SCREENINGS AND OTHERS.

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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 $8,214,286
Investment Income $-110
Other Revenue $69,397
TOTAL REVENUE $8,283,573

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,653,202
Fundraising Expenses $0
Program Expenses $11,359,331
Other Expenses $6,021,677
TOTAL EXPENSES $12,674,879

Year-over-Year Comparison

2023 2022 Change
Revenue $8,283,573 $9,511,943 -0.1%
Expenses $12,674,879 $14,018,934 -0.1%
Net Income $-4,391,306 $-4,506,991 0.0%
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
6
Independent Members
2
Employees
114
Volunteers
2

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
$4,769,030
Total Directors
8
$4,261,262
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARIE SZATKOWSKI MD DIRECTOR 0.23
Director
$0 $92,002 $1,571,032
GARY C ANDERSON DIRECTOR (THRU 12/23) 0.23
Director
$0 $88,606 $1,300,745
EDWIN P CADE DIRECTOR 0.23
Director
$0 $105,548 $723,056
CARY FINN MD DIRECTOR 0.23
Director
$0 $67,492 $589,929
RIAD HOMSI MD DIRECTOR 0.23
Director
$0 $0 $76,500
DALE MORRIS MD CHAIRMAN 0.20
Director
$0 $0 $0
KRIS AZLIN DIRECTOR (AS OF 01/24) 0.23
Director
$0 $0 $0
SPENCE WILSON DIRECTOR (THRU 12/23) 0.20
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
ROPO O SANVEE CFO 10.00
Officer
$0 $33,094 $149,634
MARK KELLY CEO 40.00
Officer
$0 $14,325 $117,677
PAMELA T PURIFOY HEAD NURSE 40.00
Highest
$276,023 $58,767 $334,790
JANICE L DIXON REGISTERED NURSE 40.00
Highest
$144,831 $29,724 $174,555
DEBBIE J WONG PHARMACIST 40.00
Highest
$125,084 $20,237 $145,321
AMY H MANGUSO HEAD NURSE 40.00
Highest
$118,013 $26,517 $144,530
CHIQUITA JONES REGISTERED NURSE 40.00
Highest
$143,817 $7 $143,824
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 $8,283,573 $12,674,879 $4,361,729 $-4,391,306
2023 $9,511,943 $14,018,934 $4,125,342 $-4,506,991
2022 $11,540,285 $13,366,344 $3,936,549 $-1,826,059
2021 $11,678,247 $11,908,163 $3,464,818 $-229,916
2020 $14,232,411 $13,333,155 $3,255,253 $899,256
2019 $11,935,436 $13,691,553 $10,021,272 $-1,756,117
2018 $9,013,855 $14,051,823 $9,840,057 $-5,037,968
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