Skip to content
Nonprofiteer
← BOCA RATON REGIONAL HOSPITAL FOUNDATION INC

Form 990 for tax year 2023

Filed by BOCA RATON REGIONAL HOSPITAL FOUNDATION INC.

Totals

Total revenue
$42,195,189
Total expenses
$76,476,881
Contributions and grants received
$36,853,907
Grants paid
$71,027,047
Program service revenue
$0
Investment income
$7,487,732
Other revenue
-$2,146,450
Total assets, end of year
$459,563,115
Total liabilities, end of year
$55,697,231
Net assets or fund balances, end of year
$403,865,884
Program services expenses (Part IX)
$71,027,047
Management and general expenses
$1,325,285
Fundraising expenses
$4,124,549
Program service expenses (Part III)
$71,027,047

Program services were 92.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Larry Miller

    Secretary (Begin 10/01/23)

    Total calculated
    $0
    Hours/week
    2

  • Mason Slaine

    Vice Chair (Begin 10/01/23)

    Total calculated
    $0
    Hours/week
    2

  • Ralph Lawson

    Chair (Begin 10/01/23)

    Total calculated
    $0
    Hours/week
    2

  • Amy Kazma

    Director

    Total calculated
    $0
    Hours/week
    2

  • Ana Maria Restrepo

    Ex-Officio Member - President, DRMS

    Total calculated
    $0
    Hours/week
    2

  • Anne Jacobson

    Director

    Total calculated
    $0
    Hours/week
    2

  • Ari Wirtschafter MD

    Ex-Officio Member - Vice President of Medical Staff

    Total calculated
    $0
    Hours/week
    2

  • Brian Kessler

    Director

    Total calculated
    $0
    Hours/week
    2

  • CARRIE RUBIN

    Director

    Total calculated
    $0
    Hours/week
    2

  • CHRISTINE E LYNN

    Ex-Officio Member - Chair of the Hospital Board

    Total calculated
    $0
    Hours/week
    2

  • CHRISTOPHER WHEELER

    Director

    Total calculated
    $0
    Hours/week
    2

  • DAVID A KIRSCHNER

    Director

    Total calculated
    $0
    Hours/week
    2

  • Debbie Leising

    Director

    Total calculated
    $0
    Hours/week
    2

  • Evan Goldestein MD

    Ex-Officio Member - President of Medical Staff

    Total calculated
    $0
    Hours/week
    2

  • Gail Rubin-Kwal MD

    Director

    Total calculated
    $0
    Hours/week
    2

  • Gary Rubin

    Director

    Total calculated
    $0
    Hours/week
    2

  • Gerald Robinson MD

    Director

    Total calculated
    $0
    Hours/week
    2

  • J RICHARD DAMRON JR

    Director

    Total calculated
    $0
    Hours/week
    2

  • Jack Pechter

    Director Emeritus

    Total calculated
    $0
    Hours/week
    2

  • James Carr

    Director

    Total calculated
    $0
    Hours/week
    2

  • Jerry Glassman

    DIRECTOR (BEGIN 10/01/23)

    Total calculated
    $0
    Hours/week
    2

  • Jo Ann Procacci

    Director

    Total calculated
    $0
    Hours/week
    2

  • Joan Wargo

    Director Emeritus

    Total calculated
    $0
    Hours/week
    2

  • Louis Green

    Director

    Total calculated
    $0
    Hours/week
    2

  • Lyn Jurick

    Director Emeritus

    Total calculated
    $0
    Hours/week
    2

  • Matthew Rosenthal

    DIRECTOR (BEGIN 10/01/23)

    Total calculated
    $0
    Hours/week
    2

  • Michelle Hagerty

    Director

    Total calculated
    $0
    Hours/week
    2

  • PATRICIA THOMAS

    Director

    Total calculated
    $0
    Hours/week
    2

  • Peter Brockway

    Director

    Total calculated
    $0
    Hours/week
    2

  • Ralph Kassie

    Ex-Officio Member - President of Debbie-Rand Memorial Service, League, Inc.

    Total calculated
    $0
    Hours/week
    2

  • Rob Sands

    Director

    Total calculated
    $0
    Hours/week
    2

  • Robyn Moncrief MD

    DIRECTOR (BEGIN 10/01/23)

    Total calculated
    $0
    Hours/week
    2

  • samy Dwek

    Director

    Total calculated
    $0
    Hours/week
    2

  • STANLEY L BARRY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Stephen Babic MD

    Director

    Total calculated
    $0
    Hours/week
    2

  • Steven Bernstein

    Director

    Total calculated
    $0
    Hours/week
    2

  • WARREN ORLANDO

    Ex-Officio Member - Vice Chair of the Hospital Board

    Total calculated
    $0
    Hours/week
    2

  • Mark Larkin

    President of the Foundation

    Total calculated
    $1,619,302
    From this org
    $666,179
    From related orgs
    $666,179
    Other
    $286,944
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $407,629 + $407,629 related
    Bonus
    $245,397 + $245,397 related
    Other
    $13,153 + $13,153 related
    Deferred
    $98,552 + $98,552 related
    Nontaxable benefits
    $44,920 + $44,920 related
    Filer's total
    $809,651 + $809,651 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, and on a Form 990-PF Part VIII's — 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

  • 4b · Supplemental nonqualified retirement plan

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
The Foundation President's COMPENSATION IS PAID BY AN UNRELATED EXEMPT ORGANIZATION, BOCA RATON REGIONAL HOSPITAL, INC. AS PART OF THE BAPTIST HEALTH SOUTH FLORIDA EXECUTIVE BENEFIT PLAN, THE FOUNDATION'S PRESIDENT IS ELIGIBLE TO ALLOCATE A PORTION OF THEIR FLEXIBLE SPENDING ALLOWANCE TO A SUPPLEMENTAL SURVIVOR ACCUMULATION BENEFIT (SSAB) ACCOUNT. THE SSAB IS A LIFE INSURANCE PRODUCT THAT PROVIDES A DEFERRED RETIREMENT BENEFIT FOR THE EXECUTIVE OR A DEATH BENEFIT FOR THE EXECUTIVE'S SURVIVORS. CONTRIBUTIONS TO THE SSAB MAY BE MADE ANNUALLY TO THE PARTICIPANT'S ACCOUNT. ALL CONTRIBUTIONS ACCUMULATE, ALONG WITH INVESTMENT EARNINGS, FOR THE PERIOD THE EXECUTIVE PARTICIPATES. THE EXECUTIVE DOES NOT HAVE ACCESS TO THE CONTRIBUTIONS MADE OR THE RELATED INVESTMENT INCOME, ALL OF WHICH IS SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE. PURSANT TO THE SSAB PLAN GUIDELINES, THIS BENEFIT IS TERMINATED UPON AN EXECUTIVE REACHING AGE 65. HOWEVER, PAYMENT CAN BE DEFERRED TO A DATE AT LEAST TWO YEARS AFTER REACHING AGE 65, BUT NO LATER THAN 68. AT THAT TIME, THE ENTIRE AMOUNT ACCUMULATED IS PAID OUT IN A LUMP SUM. DURING CALENDAR YEAR 2023, Mark Larkin has 457(F) PLAN distributions totaling $35,397.
Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL
NAME - MARK LARKIN, COMPENSATION FROM UNRELATED ORGANIZATION - 809651.170000, NAME OF UNRELATED ORGANIZATION - BOCA RATON REGIONAL HOSPITAL, INC., TYPE OF COMPENSATION - EMPLOYMENT

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

Provenance

Return type
form_990
Tax year
2023
Filed
4 August 2025
IRS schema version
2023v6.0
Source object
202532169349301938

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.