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Baptist Memorial Medical Group

Memphis, TN · EIN 62-1545731 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Baptist Memorial Medical Group reported $264.2 million in revenue and $309.7 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $81.00 went to program services, $19.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 100.5% of the total. The highest compensation it reported for one person was $3,913,950 (DIRECTOR). 383 people received more than $100,000 in reportable compensation. Revenue rose 41% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $310M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $264M

Other revenue was negative: −$1.5M. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
81.0%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
19.0%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.1%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
100.5%93.7%
Highest reported compensation
Part VII-A, columns D–F
$3,913,950$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.26%1.34%
People paid over $100,000
Part VII, line 2
38327
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-17.96.6
Independent voting board members
Part VI 1a–1b
0 of 1788.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$251M expenses · 100.0% of program spending · grants $199 · revenue $264M

Baptist Memorial Medical Group, inc. Provides ambulatory services in support of its mission of providing health care to the community. Baptist Memorial Medical Group, inc. Offers medical care that reflects the three-fold ministry of christ-preaching, teaching and healing, and is committed to providing quality care to the communities it serves. Baptist Memorial Medical Group, inc. Offers medical care to persons living in areas of arkansas, tennessee, and mississippi, who are currently underserved by the most basic of health care services. Baptist Memorial Medical Group, inc. Uses its services…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
DIRECTOR
Director/trustee, 0.23 hrs/week
$0$3,797,655$116,295$3,913,950
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$1,992,402$0$78,310$2,070,712
PHYSICIAN/DIRECTOR
Director/trustee, 40.00 hrs/week
$1,796,615$0$79,119$1,875,734
SECRETARY
Officer, 0.23 hrs/week
$0$1,667,844$92,287$1,760,131
DIRECTOR
Director/trustee, 0.23 hrs/week
$0$1,674,623$85,263$1,759,886
PHYSICIAN/DIRECTOR
Director/trustee, 40.00 hrs/week
$1,319,887$0$102,228$1,422,115
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$1,342,661$0$52,808$1,395,469
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$1,253,651$0$95,938$1,349,589

383 people received more than $100,000 in reportable compensation from Baptist Memorial Medical Group (Part VII, line 2). Compensation of current officers, directors and key employees totaled $12M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$264M$310M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$264M$310M81.0%−$461M$3,913,950
FY2024 ⓘ$241M$278M80.9%−$416M$3,155,218
FY2023 ⓘ$242M$269M80.6%−$380M$2,600,276
FY2022 ⓘ$217M$247M80.5%−$333M$3,501,451
FY2021 ⓘ$232M$248M81.2%−$304M$2,916,928
FY2020 ⓘ$188M$216M81.1%−$287M$2,312,970

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b17 · 0 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 51,874

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
UT MEDICAL GROUP INC
Physician services
$7,237,608
REMOTE ICU LLC
Physician services
$2,219,830
LOCUMTENENSCOM
Physician services
$1,471,202
B&R CARDIAC ASSOCIATES LLC
Physician services
$990,000
RADIOLOGY PHYSICIANS OF NEW ALBANY
Physician services
$382,270

Individuals listed as contractors are left out. 18 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Baptist Memorial Medical Group's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Baptist Memorial Medical Group, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Tennessee

Questions people ask

How much of Baptist Memorial Medical Group's spending goes to programs?

In the fiscal year ending September 30, 2025, Baptist Memorial Medical Group reported that 81.0% of its $309.7 million in expenses went to program services, 19.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Baptist Memorial Medical Group pay its top executive?

The largest total compensation Baptist Memorial Medical Group reported for one person in the fiscal year ending September 30, 2025 was $3,913,950, for the role of DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Baptist Memorial Medical Group get its money?

Of $264.2 million in revenue in the fiscal year ending September 30, 2025, 0.1% came from contributions and grants and 100.5% from program service revenue (Form 990, Part VIII).

Is Baptist Memorial Medical Group a registered charity?

The IRS lists EIN 62-1545731 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202632269349300008 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202522269349300322 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202412279349303876 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202332279349301923 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202232269349300313 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122259349300242 · read the filing

All filings for EIN 62-1545731: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.