BAPTIST HEALTH FOUNDATION CORBIN INC Charity Report

Public IRS 990 nonprofit record

BAPTIST HEALTH FOUNDATION CORBIN INC

EIN 47-3033550 · Single Organization Support (E11)

What they do

The Mission of Baptist Health Foundation Corbin is to Assist, Advance, Strengthen and Support Its Sole Member, Baptist Healthcare System, Inc. In Their Mission and Ministry of Continuing Our Christian Heritage of Service By Enhancing The Health of The People and Communities We Serve. Baptist Health Foundation Corbin Will Encourage, Solicit and Receive Donations, Bequests, Gifts and Benefactions Made to or for The Benefit of Baptist Health Corbin Hospital, An Unincorporated Operating Division of Baptist Healthcare System, Inc. (BHS). BHS is Described Under Section 501(c)(3) and is Classified Under Section 509(a)(1) As A Public Charity. The Foundation is Operated Exclusively for The Benefit Of, to Perform The Functions Of, and to Carry Out The Mission and Purposes of Baptist Healthcare System, Inc.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders23 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

83.75%of revenue went to mission work91.7% of expenses · Program services

4.58%of revenue went to fundraising5.0% of expenses

$91.34spent for every $100 of revenueRevenue covered expenses this year.

3.01%of revenue went to management and office costs3.3% of expenses

$3.61in assets for every $1 spent this yearSome assets cannot be spent right away.

98.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $51,104 for RICHARD CARRICO (TREASURER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,227,954

Mission workProgram services$1,028,41183.75% of revenue91.7% of expenses

ManagementOffice and general costs$36,9733.01% of revenue3.3% of expenses

FundraisingAsking for donations$56,2534.58% of revenue5.0% of expenses

Revenue left after expensesReported annual surplus$106,3178.66% of revenueShown in gray on the chart

Total expenses$1,121,63791.34% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 91.7% mission · 3.3% management · 5.0% fundraisingTotal expenses: 91.34% of revenue

2023Expense mix: 80.6% mission · 9.1% management · 10.4% fundraisingTotal expenses: 24.55% of revenue

2022Expense mix: 81.4% mission · 9.6% management · 9.0% fundraisingTotal expenses: 97.54% of revenue

2021Expense mix: 87.1% mission · 6.7% management · 6.2% fundraisingTotal expenses: 84.46% of revenue

2020Expense mix: 87.4% mission · 6.4% management · 6.2% fundraisingTotal expenses: 92.04% of revenue

2019Expense mix: 89.1% mission · 5.6% management · 5.3% fundraisingTotal expenses: 100.01% of revenue

2018Expense mix: 99.6% mission · 0.3% management · 0.0% fundraisingTotal expenses: 105.80% of revenue

2017Expense mix: 99.4% mission · 0.5% management · 0.1% fundraisingTotal expenses: 105.04% of revenue

Money in and money out

Revenue$1,227,954

Expenses$1,121,637

Annual surplus $106,317 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,028,411 · 91.7% of expenses

Management and office costs$36,973 · 3.3% of expenses

Fundraising$56,253 · 5.0% of expenses

See all reported dollar amounts

Revenue$1,227,954

Expenses$1,121,637

Assets$4,051,567

Income$1,227,954

Contributions$1,207,442

Mission work (program services)$1,028,411

Fundraising$56,253

Grants given$6,891,691

Average grant$984,527

Management and general$36,973

Stocks and bonds$472,736

Investing fees$490

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

RICHARD CARRICOTREASURER · 1 hrs/week $51,104Base · Other $51,104

ANDREW PARKS MDDIRECTOR · 1 hrs/week $47,725Base · Other $47,725

WAJDI KFOURY MDDIRECTOR (THROUGH 12/31/24) · 1 hrs/week $41,285Base · Other $41,285

JANET NORTONSECRETARY · 1 hrs/week $40,610Base · Other $40,610

ANTHONY POWERSPRES & DIR (THROUGH 2/8/24) · 1 hrs/week $32,106Base · Other $32,106

PAMELA JONESASST TREASURER · 1 hrs/week $21,875Base · Other $21,875

ANGELIA FOSTERPRES & DIR (EFFECTIVE 10/1/24) · 1 hrs/week $5,225Base · Other $5,225

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (23)

RICHARD CARRICOTREASURER

ANDREW PARKS MDDIRECTOR

WAJDI KFOURY MDDIRECTOR (THROUGH 12/31/24)

JANET NORTONSECRETARY

ANTHONY POWERSPRES & DIR (THROUGH 2/8/24)

PAMELA JONESASST TREASURER

ANGELIA FOSTERPRES & DIR (EFFECTIVE 10/1/24)

MEGHANN CHESNUTDIRECTOR

ALLISON MOOREDIRECTOR

TIM BARNESDIRECTOR

THOMAS WHEALTON DODIRECTOR (EFFECTIVE 7/1/25)

SUZIE BARTON RAZMUSDIRECTOR

SETH REEVESCHAIR (1/1/25) & DIR

REENA PHILPOTVICE CHAIR (1/1/25) & DIR

MISSY REIDDIRECTOR

MATT BAILEYDIRECTOR (THROUGH 10/13/24)

MALLORY DAVISDIRECTOR

JEANNIE CUMMINSDIRECTOR

JANE RICE WILLIAMSDIRECTOR (EFFECTIVE 6/24/25)

DEBBIE TIPTONDIRECTOR

C WILLIAM BRISCOE MDDIRECTOR

BRUCE CARPENTERDIRECTOR

BRENDA HAMMONSDIRECTOR (EFFECTIVE 7/1/25)

About this charity

Recognized since: January 2015
Location: 1901 CAMPUS PL, LOUISVILLE, KY 40299-2308
County: Jefferson
In care of: Richard F Carrico
Primary officer: Richard F Carrico, Treasurer

How to reach them

WebsiteVisit the charity’s website Phone(502) 896-5000

Filing and classification

Latest tax year: 2024
Tax period began: September 1, 2024
Return type: 990
Tax preparer: ERNST & YOUNG US LLP
NTEE classification: Single Organization Support (E11)
IRS tax category: Single Organization Support
Grant-giving organization: Yes