Skip to content
Nonprofiteer
← BAY LIFE SERVICES CORPORATION

Form 990 for tax year 2023

Filed by BAY LIFE SERVICES CORPORATION.

Totals

Total revenue
$6,579
Total expenses
-$11,421
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
-$16,874
Management and general expenses
$5,453
Fundraising expenses
$0
Program service expenses (Part III)
-$16,874

Listed in Part VII

  • ART SIVASLIAN

    PRESIDENT/DIRECTOR

    Total calculated
    $891,354
    From this org
    $0
    From related orgs
    $857,565
    Other
    $33,789
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $500,894 related
    Bonus
    $0 + $356,671 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $33,789 related
    Filer's total
    $0 + $891,354 related

  • MARK MEGINNIS

    VP/TREASURER

    Total calculated
    $534,425
    From this org
    $0
    From related orgs
    $508,338
    Other
    $26,087
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $341,147 related
    Bonus
    $0 + $167,191 related
    Other
    $0
    Deferred
    $0 + $9,150 related
    Nontaxable benefits
    $0 + $16,937 related
    Filer's total
    $0 + $534,425 related

  • RODERICK CHEN

    SECRETARY

    Total calculated
    $528,834
    From this org
    $0
    From related orgs
    $496,278
    Other
    $32,556
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $324,091 related
    Bonus
    $0 + $172,187 related
    Other
    $0
    Deferred
    $0 + $9,150 related
    Nontaxable benefits
    $0 + $23,406 related
    Filer's total
    $0 + $528,834 related

  • ERIC R WAGNER

    FORMER PRESIDENT/DIRECTOR

    Total calculated
    $2,055,549
    From this org
    $0
    From related orgs
    $2,029,086
    Other
    $26,463
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $514,910 related
    Bonus
    $0 + $958,232 related
    Other
    $0 + $555,944 related
    Deferred
    $0 + $9,150 related
    Nontaxable benefits
    $0 + $17,313 related
    Filer's total
    $0 + $2,055,549 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART III
DETAILED BELOW ARE SEVERAL ONE-TIME PAYMENTS TO CERTAIN EXECUTIVES RELATED TO VARIOUS RETIREMENT, RETENTION AND LONG-TERM INCENTIVE PLANS. THESE PLANS AND PAYMENTS ARE NOT A ROUTINE PART OF THE TYPICAL MEDSTAR EXECUTIVE COMPENSATION PROGRAM, AND SUPPORTED IMPORTANT OBJECTIVES OF OUR ORGANIZATION. ERIC WAGNER'S OTHER REPORTABLE COMPENSATION IN PART II, COLUMN (B)(III) INCLUDES $429,576 REPRESENTING SEVERANCE PAYMENTS RECEIVED BY MR. WAGNER. MARK MEGINNIS' COMPENSATION IS FOR SERVICES PROVIDED AS CFO TO MEDSTAR NATIONAL REHABILITATION HOSPITAL, MEDSTAR URGENT CARE, AND NUMEROUS MEDSTAR HEALTH AMBULATORY BUSINESSES.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
9 May 2025
IRS schema version
2023v6.0
Source object
202501299349302445

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.