Baptist Memorials Ministries
Also known as Baptist Retirement Community
Baptist Memorials Ministries reported $16.7 million in revenue and $17.5 million in expenses for calendar year 2024. Of every $100 it spent, $96.41 went to program services, $3.59 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: 81.4% of the total. The highest compensation it reported for one person was $768,624 (PRESIDENT & CEO). 4 people received more than $100,000 in reportable compensation. Revenue rose 47% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $18MFor 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
Calendar year 2024 · Form 990, Part VIII · total revenue $17MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 96.4% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 3.6% | 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 | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 5.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 81.4% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $768,624 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.38% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 4 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 30.9 | 6.6 |
| Independent voting board members Part VI 1a–1b | 5 of 5 | 88.9% |
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
2024 · Form 990, Part III · the three largest programs by expenseBaptist Memorials Ministries (bmm) provides long-term care for an average census of 58 with a primary diagnosis of alzheimer's or related dementia, of which 32% are medicaid eligible
Provide affordable independent living in cottages, duplexes or apartments for approximately 350 individuals living in 268 units (san angelo only)
Provide affordable assisted living care for an average census of 26
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Officer, 2.00 hrs/week | $0 | $578,205 | $190,419 | $768,624 |
| BRS PRESIDENT (THRU 8/24) Officer, 2.00 hrs/week | $0 | $658,870 | $55,940 | $714,810 |
| SVP/CFO THRU 7/28; EVP/COO AT 8/24 Officer, 2.00 hrs/week | $0 | $510,804 | $74,916 | $585,720 |
| SR. VP & GENERAL COUNSEL & SECRETARY Officer, 2.00 hrs/week | $0 | $400,316 | $60,299 | $460,615 |
| ASSISTANT SECRETARY Officer, 2.00 hrs/week | $0 | $269,150 | $21,771 | $290,921 |
| BRS VICE PRESIDENT & COO Officer, 5.00 hrs/week | $0 | $253,782 | $26,303 | $280,085 |
| ASSISTANT SECRETARY Officer, 2.00 hrs/week | $0 | $229,884 | $29,204 | $259,088 |
| SR. EXECUTIVE DIRECTOR Highest compensated employee, 40.00 hrs/week | $193,975 | $0 | $16,567 | $210,542 |
4 people received more than $100,000 in reportable compensation from Baptist Memorials Ministries (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · 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–1b5 · 5 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 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- 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 5221
- Volunteers Part I, line 6165
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| FUNCTIONAL PATHWAYS OF TN LLC Physical therapy | $173,304 |
| CRITICAL HEALTH CONNECTION LLC Staffing service | $160,786 |
| BUCKNER RETIREMENT SERVICES INC Management services | $120,000 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Baptist Memorials Ministries'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 Memorials Ministries, you can publish a response that is linked from this page.
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Of every $100 Baptist Memorials Ministries spent in 2024, $96.41 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Medwish MedworksCleveland, OH · revenue $17M · programs 96.8% · FY2025
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- Peabody Management SystemsPittsfield, MA · revenue $17M · programs 82.3% · 2024
- Bst Health Services CorpSan Antonio, TX · revenue $17M · programs 99.7% · FY2025
- Easter Seals HawaiiHonolulu, HI · revenue $17M · programs 98.7% · 2025
Questions people ask
How much of Baptist Memorials Ministries's spending goes to programs?
In calendar year 2024, Baptist Memorials Ministries reported that 96.4% of its $17.5 million in expenses went to program services, 3.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Baptist Memorials Ministries pay its top executive?
The largest total compensation Baptist Memorials Ministries reported for one person in calendar year 2024 was $768,624, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Baptist Memorials Ministries get its money?
Of $16.7 million in revenue in calendar year 2024, 5.0% came from contributions and grants and 81.4% from program service revenue (Form 990, Part VIII).
Is Baptist Memorials Ministries a registered charity?
The IRS lists EIN 75-2755400 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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
- 2024: Form 990 for calendar year 2024, object 202523109349300347 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423069349302012 · read the filing
- 2022: Form 990 for calendar year 2022, object 202302759349301325 · read the filing
- 2021: Form 990 for calendar year 2021, object 202212789349301001 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133149349301843 · read the filing
- 2019: Form 990 for calendar year 2019, object 202012979349300226 · read the filing
All filings for EIN 75-2755400: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.