Baptist Medical Center of the Beaches Inc

EIN: 592980620 501(c)(3) Health Care

Jacksonville, FL

Total Revenue
$218,815,229
Total Expenses
$182,479,317
Total Assets
$289,407,083
Net Assets
$261,974,713
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
FL
Phone
9042022883
Tax Period
2023-10-01 to 2024-09-30

Baptist Medical Center of the Beaches Inc, founded in 1989, is a major nonprofit in the Health Care sector that reported $218.8M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $36.3M, a strong 17% operating margin.

Mission

To make hope, healing and well-being accessible to every person as an expression of God's love.

Program Service Accomplishments

Program 1
Expenses: $153,566,069 Revenue: $213,658,342

Guided by a volunteer board of directors comprised of business and civic leaders, Baptist Medical Center of the Beaches, Inc. (BMCB) is a not-for-profit organization owned by the community, and not...

Read more

Guided by a volunteer board of directors comprised of business and civic leaders, Baptist Medical Center of the Beaches, Inc. (BMCB) is a not-for-profit organization owned by the community, and not shareholders. Local governance means we are uniquely structured to understand, respond, and anticipate community needs. It ensures our accountability to the communities we serve. Over the years, the generous support of donors has helped transform BMCB into a state-of-the-art medical center in the heart of the beaches community. Not every great medical center can say it is a community hospital. BMCB has been this area's community-driven hospital since 1961. We are not only physically in the center of the beaches and intracoastal communities; we are committed to the health and overall vibrancy of this extraordinary community. BMCB provides Jacksonville's thriving beach communities with a comprehensive range of high-tech health care services close to home. BMCB's campus includes the Wilson/Epstein center for diagnostic and rehabilitative services, Baptist Beaches Surgery Center, Wilson Cancer Care Center, and Physician office buildings. BMCB is a full-service medical center with (1) 146 licensed private patient rooms, including 16 spacious maternity suites, (2) more than 450 physicians, representing 30-plus medical specialties, (3) 10 state-of-the-art operating suites and 3 endoscopy suites for inpatient and outpatient procedures, (4) family-centered visiting areas with outdoor patios, kitchens and a health resource library, (5) the only 24-hour emergency service east of the intracoastal waterway, plus a 24-hour on-call surgical team, and (6) comprehensive diagnostic testing and interventional imaging services, and has earned magnet recognition for excellence in patient care. During fiscal year 2024, there were 953 employees, 11,102 total admissions accounting for 36,215 total patient days, 31,696 emergency room visits, and 6,122 surgeries. BMCB is committed to improving the lives of everyone, regardless of their ability to pay. BMCB is one hospital within Baptist Health System, Inc. and the region's only community-owned, faith-based healthcare system. BMCB's primary focus is addressing unmet health needs particularly among vulnerable populations who have limited health resources and access to health care. BMCB's community health efforts are guided by the community health committee, which is comprised of selected board members across our health system. A cornerstone of BMCB's commitment to the community is caring for the health of vulnerable, uninsured and underserved people among us. During fiscal year 2024, BMCB provided the following uncompensated care and community benefit; (1) charity care -$8.4 million, (2) unreimbursed Medicaid costs - $2.7 million, (3) unreimbursed Medicare costs - $19.8 million, and (4) specific community programs - $218 thousand, for a total of $31.1 million of uncompensated care and community benefits.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $221,290
Program Service Revenue $213,658,342
Investment Income $4,918,369
Other Revenue $17,228
TOTAL REVENUE $218,815,229

Expense Breakdown

Grants Paid $1,500,935
Salaries & Benefits $91,970,194
Fundraising Expenses $0
Program Expenses $153,566,069
Other Expenses $89,008,188
TOTAL EXPENSES $182,479,317

Year-over-Year Comparison

2023 2022 Change
Revenue $218,815,229 $192,162,227 +0.1%
Expenses $182,479,317 $175,967,048 +0.0%
Net Income $36,335,912 $16,195,179 +1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
9
Independent Members
7
Employees
1085
Volunteers
120

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
8
$6,166,705
Total Directors
12
$4,980,066
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brian Bucher Secretary/Treasurer 0.5
Officer Director
$0 $0 $0
Christine Hoffman Vice Chair 0.5
Officer Director
$0 $0 $0
Keli Joyce Coughlin Chair 0.5
Officer Director
$0 $0 $0
Michael A Mayo DHA President 0.5
Officer Director
$0 $55,718 $2,456,417
Debbie Buckland Director 0.1
Director
$0 $0 $0
Felicia Cox Director 0.1
Director
$0 $0 $0
Greg Delaney Director through 03.27.24 0.1
Director
$0 $0 $0
J Francisco Jimenez MD Director 0.1
Director
$0 $0 $0
Mac Holley Director 0.1
Director
$0 $0 $0
Matthew A Zuino Director 0.1
Director
$0 $154,075 $1,577,184
Nancy Broner Director through 03.27.24 0.1
Director
$0 $0 $0
Pamela Rama Depadua MD Director 0.1
Director
$0 $31,645 $946,465
G Scott Baity Esq Asst. Secretary 0.3
Officer
$0 $133,808 $1,052,314
Jarret Dreicer Vice President 40.0
Officer
$606,942 $68,933 $675,875
Keith A Tickell Asst. Treasurer 0.3
Officer
$0 $33,489 $1,178,603
T Scott Finnegan Asst. Treasurer 0.3
Officer
$0 $125,686 $803,496
Eric S Smith Dir, Imaging/Cardio - BCH 40.0
Highest
$165,410 $19,450 $184,860
Keith Richard Schissler VP, Ops BMCB/Sys Wide Pharmacy 40.0
Highest
$353,858 $41,570 $395,428
Mark C George Pharmacist 40.0
Highest
$156,033 $28,928 $184,961
Pamela M Barberi Dir, Surgical Services 40.0
Highest
$185,400 $18,945 $204,345
Sean Patrick Lynch VP, Patient Care Services- BCH 40.0
Highest
$312,170 $43,538 $355,708
Brett S McClung Former President (As of 05.01.21) 0.0
$0 $0 $512,000
Elizabeth R Ransom MD Former EVP/CPE (As of 08.15.21) 0.0
$0 $0 $105,000
Scott M Wooten Former Asst. Treasurer (As of 12.28.21) 0.0
$0 $0 $800,676
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 $218,815,229 $182,479,317 $289,407,083 $36,335,912
2023 $192,162,227 $175,967,048 $266,741,883 $16,195,179
2022 $185,959,113 $169,817,608 $258,346,649 $16,141,505
2021 $179,446,203 $149,088,269 $282,192,693 $30,357,934
2020 $147,159,584 $133,415,578 $254,766,787 $13,744,006
2019 $143,870,879 $116,791,478 $240,948,820 $27,079,401
2018 $129,560,823 $111,161,380 $219,556,062 $18,399,443
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Baptist Medical Center of the Beaches Inc with other nonprofits in Florida and across the country.