Bakersfield Memorial Hospital
Nonprofit profile at a glance
- EIN
- 951802779
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Phoenix, AZ, USA
- Phone
- 6613271792
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $769,905,868
- Expenses
- $651,704,510
- Assets
- $1,214,327,123
- Liabilities
- $133,557,099
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- KENNETH KELLER (EX-OFFICIO DIR/PRESIDENT & CEO)
Highest reported compensation
- BENJAMIN BJ PREDUM (DIRECTOR (THRU 11/2024)): $1,119,665 total reported compensation
- KENNETH KELLER (EX-OFFICIO DIR/PRESIDENT & CEO): $1,114,329 total reported compensation
- MICHAEL SLOAN (VP/HR (THRU 5/2024)): $565,280 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Bakersfield memorial hospital (bmh) is dedicated to delivering health services that are compassionate, high-quality and affordable. We promote healthy lifestyles as an integral part of the community we serve, with a special concern for the underserved.
What it reported doing in 2024
Bakersfield memorial hospital's mission is to contribute to the health of the community through the provision of quality services delivered in a compassionate and cost effective manner. The hospital has 385 beds and serviced patients as follows: outpatient visits of 127,689; emergency visits of 95,621; inpatient and outpatient operating room cases of 8,729; and inpatient and outpatient cardiac procedures of 3,614. Bmh has a 24-hour emergency room and provides services to beneficiaries of the medicare program as well as a wide range of commercially insured. Bmh also provides services to individuals without the ability to pay - services for which bmh receives no reimbursement from any outside source. Inpatient services: acute medical/surgical care/psychiatric; cancer center; cardiovascular surgery; cardiac catheterization lab; pediatric acute and intensive care; neonatal intensive care; emergency/quick care; intensive care; pharmacy; surgery; speech pathology; social services; respiratory care; physical therapy; transitional care unit and women and infant care unit.outpatient services: ambulatory treatment center; cardiac rehabilitation; cardiopulmonary; diagnostic imaging; laboratory; outpatient surgery center; rehabilitation services; and wellness/occupational medicine.support services: chaplaincy program; educational services; health sciences library; as well as support, time and money to organizations and individuals throughout the community.
Operating model
- Revenue model
- Other-operating. 89% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 76
- Accountability: 67
- Sustainability: 76
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.4%; rating input score 78
- Program expense ratio: 88.8%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.6%; rating input score 100; 42nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 66.7%; rating input score 67; 19th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 15.4%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 1.86; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 81; 81st percentile among comparable filings
- Officer compensation ratio: 0.8%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: 6% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: 6.3% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 8.2% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 78.4% of revenue deployed · 88.8% of spending went to programs
- Governance: 8 of 12 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $578.7M in reported program spending
- Leadership: top reported pay $1.1M · 24 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $53.4M reported
- Consistency: 38 of 38 current checks pass
- Schedules: 10 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 25 filed money-flow records
- Related organizations: 349 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.