Georgia Baptist Health Care Ministry Foundation Inc in Duluth, Georgia (GA)

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Georgia Baptist Health Care Ministry Foundation Inc
Employer Identification Number (EIN)582075398
Name of OrganizationGeorgia Baptist Health Care Ministry Foundation Inc
Address6405 Sugarloaf Pkwy, Duluth, GA 30097-4092
ActivitiesHospital, Association or convention of churches, Missionary activities
SubsectionReligious Organization
Ruling Date02/2009
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2003
Assets$50,000,000 to greater
Income$10,000,000 to $49,999,999
Filing Requirement990 - Not required to file (religious organization)
Asset Amount$226,535,136
Amount of Income$10,207,973
Form 990 Revenue Amount$10,207,973
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Religion Related, Spiritual Development (Not Elsewhere Classified)


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Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$75,188,170$58,429,184$97,456,028$4,108,977$10,891,964$8,581,168$7,502,608$10,207,973
Contributions, gifts, grants, and similar amounts received$4,566,015$2,110,824$1,735,941$1,119,244$1,357,369$597,965$75,399$100,194
Contributions to donor advised funds$0$0
Direct public support$4,566,015$1,930,824$1,735,941$1,119,244$1,357,369$597,965$75,399$100,194
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$0$180,000$0$0$0$0$0$0
Program service revenue including government fees and contracts$59,294,335$50,089,099$26,343,305$31,360$0$0$0$0
Membership dues and assessments$586,330$70,087$0$0$0$0$0$0
Interest on savings and temporary cash investments$0$0$0$0$49,631$0$0$0
Dividends and interest from securities$7,240,714$5,492,972$881,941$4,335,150$4,893,069$5,784,011$0$0
Net rental income or (loss)$178,818$692,895$565,321$18,450$6,050$8,000$0$0
Gross rents$178,818$692,895$565,321$18,450$6,050$8,000$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$30,757$241,680$-163,913$22,703$0$0$6,877,094$8,115,165
Gain or (loss) from sales of assets other than inventory$3,291,201$-268,373$68,296,682$-2,286,420$3,248,373$975,212$0$0
Gross amount from sales of assets other than inventory$4,204,181$8,207,532$125,939,959$275,635$20,297,119$975,212$0$0
Less: cost or other basis and sales expenses$912,980$8,475,905$57,643,277$2,562,055$17,048,746$0$0$0
Net income or (loss) from special events and activities$0$0$0$0$0$0$43,860$66,050
Gross revenue$0$0$0$0$0$0$43,860$593,108
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$527,058
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$0$0$-203,249$868,490$1,337,472$1,215,980$506,255$1,926,564
Total expenses$74,251,748$63,153,493$41,560,590$9,252,236$4,207,609$4,888,395$5,707,849$7,640,165
Program services$40,351,388$38,837,618$25,513,829$2,340,450$0$0$2,049,509$3,847,175
Management and general$33,900,360$24,315,875$16,046,761$6,911,786$4,207,609$3,404,851$3,658,340$3,792,990
Fundraising$0$0$0$0$0$483,544$0$0
Payments to affiliates$0$0$0$0$0$1,000,000$0$0
Net assets or fund balances at end of year$202,955,865$159,645,227$193,202,676$198,970,348$206,532,837$212,333,319$219,770,625$226,535,136
Excess or (deficit) for the year$936,422$-4,724,309$55,895,438$-5,143,259$6,684,355$3,692,773$1,794,759$2,567,808
Net assets or fund balances at beginning of year$190,354,747$202,955,865$159,645,227$193,202,676$198,970,348$206,532,837$212,333,319$219,770,625
Other changes in net assets or fund balances$11,664,696$-38,586,329$-22,337,989$10,910,931$878,134$2,107,709$5,642,547$4,196,703
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$7,640,165$3,847,175$3,792,990$0
Grants paid from donor advised funds$0
Other grants and allocations$3,847,175
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$166,710$0$166,710$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$362,941$0$362,941$0
Pension plan contributions not included above$57,541$0$57,541$0
Employee benefits not included above$118,214$0$118,214$0
Payroll taxes$27,183$0$27,183$0
Professional fundraising fees$0$0$0$0
Accounting fees$48,235$0$48,235$0
Legal fees$490,452$0$490,452$0
Supplies$9,368$0$9,368$0
Telephone$16,814$0$16,814$0
Postage and shipping$3,181$0$3,181$0
Occupancy$148,095$0$148,095$0
Equipment rental and maintenance$225$0$225$0
Printing and publications$0$0$0$0
Travel$48,737$0$48,737$0
Conferences, conventions, and meetings$40,328$0$40,328$0
Interest$0$0$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$2,254,966$0$2,254,966$0
Balance Sheets
20002001200220032004200520062007
Total assets$283,228,441$247,389,761$209,071,828$208,347,160$214,078,504$218,465,254$224,106,856$228,948,176
Cash - non-interest-bearing$0$0$514,310$568,184$7,969,785$722,474$2,680,194$2,585,994
Savings and temporary cash investments$0$204,810$0$0$0$0$0$0
Accounts receivable less allowance for doubtful accounts$7,546,668$5,626,419$661,470$15$2,893$2,895$2,893$2,895
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$3,081,780$2,616,216$441,173$0$1,444,436$1,994,897$0$0
Inventories for sale or use$696,956$630,350$75$0$0$0$0$0
Prepaid expenses and deferred charges$188,131$324,288$366,646$2,666,296$2,400,121$1,678,629$2,519,457$1,868,510
Investments - publicly-traded securities$144,157,538$149,395,819
Investments - other securities$126,245,127$90,144,455$112,506,095$116,464,365$128,135,251$139,658,848$0$5,345,641
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$8,648,285$8,734,661$1,087,365$5,575,171$5,345,641$5,345,641$5,345,641$0
Land, buildings, and equipment less accumulated depreciation$67,128,671$53,465,223$1,593,328$113,892$22,960$13,118$3,274$0
Other assets, including program-related investments$69,692,823$85,643,339$91,901,366$82,959,237$68,757,417$69,048,752$69,397,859$69,749,317
Total liabilities$80,272,576$87,744,534$15,869,152$9,376,812$7,545,667$6,131,935$4,336,231$2,413,040
Accounts payable and accrued expenses$8,338,465$8,200,034$4,331,703$326,005$560,647$889,096$730,110$110,604
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$393,737$0$0$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$55,528,741$61,691,343$0$0$0$0$0$0
Mortgages and other notes payable$3,087,887$316,581$0$6,683,571$5,152,320$3,832,700$2,000,000$500,000
Other liabilities$12,923,746$17,536,576$11,537,449$2,367,236$1,832,700$1,410,139$1,606,121$1,802,436
Total liabilities and net assets/fund balances$283,228,441$247,389,761$209,071,828$208,347,160$214,078,504$218,465,254$224,106,856$228,948,176
Total net assets or fund balances$202,955,865$159,645,227$193,202,676$198,970,348$206,532,837$212,333,319$219,770,625$226,535,136
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$75,188,170$58,429,184$97,456,028$4,108,977$0$0$0$0
Total revenue, gains, and other support per audited financial statements$69,648,000$50,738,223$96,103,142$528,113$0$0$0$0
Other expenses$2,464,558$0$0$-1,963,215$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$2,464,558$0$0$-1,963,215$0$0$0$0
Other revenue$8,004,728$7,690,961$1,352,886$1,617,649$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$8,004,728$7,690,961$1,352,886$1,617,649$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$74,251,748$63,153,493$41,560,590$9,252,236$0$0$0$0
Total expenses and losses per audited financial statements$74,250,000$63,153,465$44,003,711$6,709,942$0$0$0$0
Other revenue$0$0$3,349,828$-579,079$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$3,349,828$0$0$0$0$0
Other$0$0$0$-579,079$0$0$0$0
Other expenses$1,748$28$906,707$1,963,215$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$1,748$28$906,707$1,963,215$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$159,268$7,442$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings11
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?Yes
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20064
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$66,050$10,041,729
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$8,115,165
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$0Section 501(c)(3) organization - Income from an activity carried on primarily for the convenience of the organization's members, students, patients, visitors, officers, or employees (hospital parking lot or museum cafeteria, for example) (section 513(a)(2))$66,050$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$1,926,564
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$124,248$4,969$0
$66,421$3,432$0
$76,182$3,219$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0004
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isNot controlled by disqualified persons/supports non private foundation
Type of supporting organization4
Information about the supported organizations
Employer identification number (EIN)Name of organizationType of organizationIs the supported organization listed in the supporting organization's governing documents?Amount of support
640523477All India Prayer Fellowship IncNo$10,000
580566245Executive Committee Of The Baptist Convention Of The State Of Ga, Georgia Baptist ConventionNo$75,000
582092571Atlanta Intercultural Ministries IncNo$36,000
580687594Baptist Village IncNo$125,722
582666540Georgia Cancer Coalition IncNo$250,000
581279002No$15,600
580899552Care And Counseling Center Of Georgia IncNo$150,000
200481980Casa Of Forsyth County IncNo$10,000
581917626Community Welcome House IncNo$25,000
743157081Compassionate Care Clinic IncNo$220,000
582379215Consortium For Global Education IncNo$165,000
580566245Executive Committee Of The Baptist Convention Of The State Of Ga, Georgia Baptist ConventionNo$10,000
580566245Executive Committee Of The Baptist Convention Of The State Of Ga, Georgia Baptist ConventionNo$190,000
580566245Executive Committee Of The Baptist Convention Of The State Of Ga, Georgia Baptist ConventionNo$45,050
580566245Executive Committee Of The Baptist Convention Of The State Of Ga, Georgia Baptist ConventionNo$10,000
580566245Executive Committee Of The Baptist Convention Of The State Of Ga, Georgia Baptist ConventionNo$81,300
580566245Executive Committee Of The Baptist Convention Of The State Of Ga, Georgia Baptist ConventionNo$200,000
580566245Executive Committee Of The Baptist Convention Of The State Of Ga, Georgia Baptist ConventionNo$197,000
204374198Georgia Health Information Exchange IncNo$100,000
580548732Georgia Lions Lighthouse Foundation IncNo$25,000
581734000Georgia Right To Life Committee Inc Educational Trust FundNo$50,000
582058853Good News Clinics IncNo$22,000
582373395Good Samaritan Health Center IncNo$150,000
582576315Good Samaritan Health & Wellness Center IncNo$25,000
581641343Human Development Resource Council IncNo$22,150
582433968Medshare International, Women Children & Fam Med Relief SrvNo$80,000
580566245Executive Committee Of The Baptist Convention Of The State Of Ga, Georgia Baptist ConventionNo$12,000
581268663No$150,000
581558230No$32,830
580010362No$231,249
580566245Executive Committee Of The Baptist Convention Of The State Of Ga, Georgia Baptist ConventionNo$125,000
582025478Sav-A-Life Ministry Of Dublin IncNo$10,000
580566245Executive Committee Of The Baptist Convention Of The State Of Ga, Georgia Baptist ConventionNo$240,000
580566250Visiting Nurse Health System Inc, Hospice AtlantaNo$100,000
581970404Appalachian Area Crisis Pregnancy Center IncNo$33,000
201768564No$50,000
586002060No$10,000
582524601Healthmpowers IncNo$10,000
260111778No$10,000
580566245Executive Committee Of The Baptist Convention Of The State Of Ga, Georgia Baptist ConventionNo$100,000
580566245Executive Committee Of The Baptist Convention Of The State Of Ga, Georgia Baptist ConventionNo$150,000
Total$3,553,901
Support Schedule
19992000200120022003200420052006
Total$0$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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