Skip to content
Nonprofiteer
← BAYLOR RESEARCH INSTITUTE

Form 990 for tax year 2023

Filed by BAYLOR RESEARCH INSTITUTE.

Totals

Total revenue
$84,907,337
Total expenses
$78,415,673
Contributions and grants received
$43,559,993
Grants paid
$0
Program services expenses (Part IX)
$69,052,742
Management and general expenses
$9,362,931
Fundraising expenses
$0
Program service expenses (Part III)
$69,052,742

Program services were 88.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Steven Newton

    Trustee

    Total calculated
    $4,226,519
    From this org
    $0
    From related orgs
    $3,595,037
    Other
    $631,482
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $986,141 related
    Bonus
    $0 + $1,360,468 related
    Other
    $0 + $1,248,428 related
    Deferred
    $0 + $602,804 related
    Nontaxable benefits
    $0 + $28,678 related
    Filer's total
    $0 + $4,226,519 related

  • Alejandro Arroliga MD

    Trustee

    Total calculated
    $3,945,589
    From this org
    $0
    From related orgs
    $3,306,664
    Other
    $638,925
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $889,953 related
    Bonus
    $0 + $1,373,582 related
    Other
    $0 + $1,043,129 related
    Deferred
    $0 + $607,998 related
    Nontaxable benefits
    $0 + $30,927 related
    Filer's total
    $0 + $3,945,589 related

  • Javed Butler MD

    Trustee/President/CEO

    Total calculated
    $844,357
    From this org
    $753,435
    From related orgs
    $0
    Other
    $90,922
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $478,464
    Bonus
    $254,665
    Other
    $20,306
    Deferred
    $67,623
    Nontaxable benefits
    $23,299
    Filer's total
    $844,357

  • Michael J Mack MD

    Trustee/Chair

    Total calculated
    $625,828
    From this org
    $0
    From related orgs
    $605,049
    Other
    $20,779
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $576,369 related
    Bonus
    $0
    Other
    $0 + $28,680 related
    Deferred
    $0 + $16,500 related
    Nontaxable benefits
    $0 + $4,279 related
    Filer's total
    $0 + $625,828 related

  • Mitch Dean

    Secretary

    Total calculated
    $464,497
    From this org
    $0
    From related orgs
    $406,852
    Other
    $57,645
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $295,132 related
    Bonus
    $0 + $109,368 related
    Other
    $0 + $2,352 related
    Deferred
    $0 + $45,610 related
    Nontaxable benefits
    $0 + $12,035 related
    Filer's total
    $0 + $464,497 related

  • Amy Martin

    VP CFO

    Total calculated
    $464,420
    From this org
    $0
    From related orgs
    $389,259
    Other
    $75,161
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $265,677 related
    Bonus
    $0 + $96,593 related
    Other
    $0 + $26,989 related
    Deferred
    $0 + $46,153 related
    Nontaxable benefits
    $0 + $29,008 related
    Filer's total
    $0 + $464,420 related

  • Jennifer Thomas

    VP Research Operations

    Total calculated
    $355,342
    From this org
    $312,494
    From related orgs
    $0
    Other
    $42,848
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $220,637
    Bonus
    $90,710
    Other
    $1,147
    Deferred
    $24,093
    Nontaxable benefits
    $18,755
    Filer's total
    $355,342

  • Elizabeth Cothran

    VP Chief Regulatory Officer

    Total calculated
    $344,995
    From this org
    $299,147
    From related orgs
    $0
    Other
    $45,848
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $210,501
    Bonus
    $85,556
    Other
    $3,090
    Deferred
    $33,531
    Nontaxable benefits
    $12,317
    Filer's total
    $344,995

  • Gerard Zurawski

    Dir Institute Immun Rsrch

    Total calculated
    $340,340
    From this org
    $315,436
    From related orgs
    $0
    Other
    $24,904
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $312,865
    Bonus
    $0
    Other
    $2,571
    Deferred
    $15,822
    Nontaxable benefits
    $9,082
    Filer's total
    $340,340

  • Alan Stevens

    Research Center Dir

    Total calculated
    $330,252
    From this org
    $297,403
    From related orgs
    $0
    Other
    $32,849
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $290,660
    Bonus
    $421
    Other
    $6,322
    Deferred
    $15,125
    Nontaxable benefits
    $17,724
    Filer's total
    $330,252

  • Elisa Priest

    Director Clinical Informatics

    Total calculated
    $328,891
    From this org
    $277,993
    From related orgs
    $0
    Other
    $50,898
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,301
    Bonus
    $69,541
    Other
    $23,151
    Deferred
    $22,068
    Nontaxable benefits
    $28,830
    Filer's total
    $328,891

  • Simon Driver

    Research Center Dir

    Total calculated
    $325,526
    From this org
    $289,292
    From related orgs
    $0
    Other
    $36,234
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $270,108
    Bonus
    $9,124
    Other
    $10,060
    Deferred
    $14,103
    Nontaxable benefits
    $22,131
    Filer's total
    $325,526

  • Suzy Gulliver

    Research Center Dir

    Total calculated
    $304,138
    From this org
    $268,706
    From related orgs
    $0
    Other
    $35,432
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $266,387
    Bonus
    $421
    Other
    $1,898
    Deferred
    $13,875
    Nontaxable benefits
    $21,557
    Filer's total
    $304,138

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

  • 1a · Tax indemnification and gross-up payments
  • 1a · Discretionary spending account
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 1a
Tax indemnification and gross-up payments - The organization provides tax indemnification where the BSW Holdings' CEO, COO or CFO determines there is justification to reimburse an individual for the tax impact on certain taxable, non-cash benefits provided to them. All tax indemnification payments provided are treated as taxable compensation. Three of the persons listed in the Form 990, Part VII, Section A, received this benefit during the tax year. Discretionary spending account - The organization provides eligible employees who travel frequently in their personal vehicle an auto expense allowance in lieu of reimbursement for business mileage under the organization's business travel and expense reimbursement policy. All auto expense allowances are treated as taxable compensation. One person listed in the Form 990, Part VII, Section A, received this benefit during the tax year.
Part I, Line 3
Process for determining compensation: The organization, a controlled affiliate of Baylor Scott & White Holdings, recognizes that those chosen to lead the organization are vital to its ongoing success and growth. Thus, it must attract, retain and engage the highest quality officers and key employees to lead the organization and help the organization maintain its national reputation for achieving high targets for medical quality, patient safety, and patient satisfaction. A significant portion of the organization's officers and key employees' total compensation is based on significant performance achievements. This strategy places a greater emphasis on the importance of the organization achieving targeted improvements in the areas of people, quality, patient satisfaction and financial stewardship, annually. Total executive compensation is part of an integrated talent management strategy developed by the Baylor Scott & White Holdings Board of Trustees and its Compensation Committee to attract, motivate, and retain the best leadership resources for the organization. Executive compensation is determined pursuant to guidelines outlined in the intermediate sanction rules under IRC Section 4958 including taking steps to meet the rebuttable presumption standard of reasonableness under Treasury Regulation 53.4958-6, as summarized below. When making compensation decisions, the organization compares itself to similarly-sized, and structured businesses including other integrated health care service systems and other similarly-sized organizations, both locally and nationally. Each year the Baylor Scott & White Holdings Board of Trustees and the Compensation Committee, on behalf of the organization through reserved powers explicitly held by Baylor Scott & White Holdings, works directly with an independent compensation consultant(s) to identify reasonable and competitive market rates as well as provide an annual review of the total compensation of the organization's top management officials and other officers and key employees to ensure total compensation is within a fair market range. The annual review included reviewing certain officers and key employees listed on the Form 990 during the current tax year. The Compensation Committee is made up of members of the Baylor Scott & White Holdings Board of Trustees, who are independent, community volunteers. Guided by the information provided by the independent compensation consultant(s), the Compensation Committee approves the annual process and methodology for setting fair market salary ranges, earned incentives, and/or benefit offerings for the organization's President, other officers and/or key employees to be comparable to similar organizations for similar services and/or positions. Furthermore, the Compensation Committee is charged with the responsibility of reviewing annually the major elements of the executive compensation program to assure designs remain consistent with the business needs, market practices, and compensation philosophy. As part of the decision-making process, the Compensation Committee will often meet in executive session to discuss and review recommendations made by the independent compensation consultant(s). No officer or key employee whose compensation is being reviewed is present during these discussions. All decisions are properly documented in the minutes of the meetings.
Part I, Line 4b
In order to recruit and retain key talent, BSW Holdings and certain tax exempt affiliates (BSWH) offers a supplemental non-qualified retirement plan to eligible employees. The plan provides an annual benefit (based on a percentage of compensation) to the employee that is paid to the employee on a future date upon vesting in the plan. The following individual(s) participated in and/or received payments (noted in parenthesis) from BSWH's supplemental non-qualified retirement plan during the tax year: Alejandro Arroliga ($135,084), M.D., Amy Martin, Elisa Priest, Elizabeth Cothran, Javed Butler, M.D., Jennifer Thomas, Mitch Dean and Steven Newton ($122,533).
Part I, Line 7
The organization has adopted and implemented BSW Holdings', the organization's ultimate parent, Annual Incentive Program to provide a market competitive total cash compensation incentive program that is designed to attract and retain key leaders and establish greater individual accountability and alignment to business performance. Payout targets are based upon a percentage of base pay and are developed by independent third party expert(s) using comparable market competitive data within the bounds of reasonableness and that are reviewed and approved by BSW Holdings' governing body. Payout levels are based upon a combination of system, entity, and individual performance using various metrics related to quality, patient satisfaction, employee retention, and financial stewardship. BSW Holdings' governing body may approve modifications to annual incentive awards provided under the program consistent with market comparability data.
Form 990, Schedule J, Part III
Supplemental Information: Governing Body Compensation The members of the governing body serve on a voluntary basis and receive no cash compensation from the organization for these duties as a member of the governing body. Some, but not all, members may have received modest benefits incident to their service on the board and/or multiple board committees or received compensation as an employee of a related organization. All such benefits are treated as taxable compensation to the extent required by law and are reported in the Form 990 where applicable.

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
12 May 2025
IRS schema version
2023v6.0
Source object
202521339349305792

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.