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Nonprofiteer
← BAYLOR SCOTT & WHITE HOLDINGS

Form 990 for tax year 2024

Filed by BAYLOR SCOTT & WHITE HOLDINGS.

Totals

Total revenue
$35,407,323
Total expenses
$125,232,318
Contributions and grants received
$0
Grants paid
$0
Program service revenue
-$132,254
Investment income
$35,539,577
Other revenue
$0
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$94,208,885
Management and general expenses
$31,023,433
Fundraising expenses
$0
Program service expenses (Part III)
$94,208,885

Program services were 75.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Timothy Bittenbinder MD

    Trustee

    Total calculated
    $1,168,834
    From this org
    $0
    From related orgs
    $1,125,481
    Other
    $43,353
    Hours/week
    3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $641,181 related
    Bonus
    $0 + $351,683 related
    Other
    $0 + $132,617 related
    Deferred
    $0 + $17,250 related
    Nontaxable benefits
    $0 + $26,103 related
    Filer's total
    $0 + $1,168,834 related

  • F David Winter MD

    Trustee

    Total calculated
    $1,087,377
    From this org
    $0
    From related orgs
    $988,635
    Other
    $98,742
    Hours/week
    3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $834,551 related
    Bonus
    $0 + $7,193 related
    Other
    $0 + $146,891 related
    Deferred
    $0 + $73,391 related
    Nontaxable benefits
    $0 + $25,351 related
    Filer's total
    $0 + $1,087,377 related

  • William L Rayburn MD

    Trustee/Chair

    Total calculated
    $714,221
    From this org
    $0
    From related orgs
    $670,976
    Other
    $43,245
    Hours/week
    3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $508,811 related
    Bonus
    $0 + $60,000 related
    Other
    $0 + $102,165 related
    Deferred
    $0 + $17,250 related
    Nontaxable benefits
    $0 + $25,995 related
    Filer's total
    $0 + $714,221 related

  • Amy Wilson MD

    Trustee

    Total calculated
    $644,044
    From this org
    $0
    From related orgs
    $582,187
    Other
    $61,857
    Hours/week
    3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $450,857 related
    Bonus
    $0 + $127,460 related
    Other
    $0 + $3,870 related
    Deferred
    $0 + $32,188 related
    Nontaxable benefits
    $0 + $29,669 related
    Filer's total
    $0 + $644,044 related

  • Paul Madeley MD

    Trustee

    Total calculated
    $580,621
    From this org
    $0
    From related orgs
    $496,351
    Other
    $84,270
    Hours/week
    3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $342,543 related
    Bonus
    $0 + $37,896 related
    Other
    $0 + $115,912 related
    Deferred
    $0 + $59,170 related
    Nontaxable benefits
    $0 + $25,100 related
    Filer's total
    $0 + $580,621 related

  • Tresa McNeal MD

    Trustee

    Total calculated
    $496,647
    From this org
    $0
    From related orgs
    $464,187
    Other
    $32,460
    Hours/week
    3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $462,577 related
    Bonus
    $0
    Other
    $0 + $1,610 related
    Deferred
    $0 + $12,110 related
    Nontaxable benefits
    $0 + $20,350 related
    Filer's total
    $0 + $496,647 related

  • Robert Garriott

    Trustee/Vice Chair

    Total calculated
    $0
    Hours/week
    3

  • Rafael Garza

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • Johnita Jones

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • Judge Ed Kinkeade

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • Charlene Lake

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • George McCleskey

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • Ross McKnight

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • Drayton McLane Jr

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • Jim Turner

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • David Walls

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • Peter McCanna

    CEO

    Total calculated
    $11,667,482
    From this org
    $8,915,992
    From related orgs
    $0
    Other
    $2,751,490
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $2,416,414
    Bonus
    $6,029,897
    Other
    $469,681
    Deferred
    $2,720,009
    Nontaxable benefits
    $31,481
    Filer's total
    $11,667,482

  • Julie Creamer

    President

    Total calculated
    $5,452,141
    From this org
    $4,073,098
    From related orgs
    $0
    Other
    $1,379,043
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,554,797
    Bonus
    $2,469,204
    Other
    $49,097
    Deferred
    $1,355,251
    Nontaxable benefits
    $23,792
    Filer's total
    $5,452,141

  • Jennifer Mitzner

    Teasurer/EVP Chief Financial Officer

    Total calculated
    $4,765,519
    From this org
    $3,469,395
    From related orgs
    $0
    Other
    $1,296,124
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,521,563
    Bonus
    $1,905,350
    Other
    $42,482
    Deferred
    $1,266,691
    Nontaxable benefits
    $29,433
    Filer's total
    $4,765,519

  • Lisa L Havens

    Secretary/EVP Chief Legal Officer

    Total calculated
    $2,807,629
    From this org
    $2,089,849
    From related orgs
    $0
    Other
    $717,780
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $847,202
    Bonus
    $1,195,965
    Other
    $46,682
    Deferred
    $700,286
    Nontaxable benefits
    $17,494
    Filer's total
    $2,807,629

  • Karla Ramberger

    EVP CNO

    Total calculated
    $754,136
    From this org
    $644,591
    From related orgs
    $26,644
    Other
    $82,901
    Hours/week
    40 + 40 related

    Schedule J breakdown matched by us

    Base
    $416,585 + $24,546 related
    Bonus
    $193,298
    Other
    $34,708 + $2,098 related
    Deferred
    $57,042 + $1,365 related
    Nontaxable benefits
    $22,706 + $1,788 related
    Filer's total
    $724,339 + $29,797 related

  • Steven Newton

    EVP Chief Delivery System Operations

    Total calculated
    $3,687,912
    From this org
    $2,931,092
    From related orgs
    $0
    Other
    $756,820
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,100,418
    Bonus
    $1,637,688
    Other
    $192,986
    Deferred
    $727,707
    Nontaxable benefits
    $29,113
    Filer's total
    $3,687,912

  • Alejandro Arroliga MD

    EVP Chief Clinical Innov Officer

    Total calculated
    $3,303,232
    From this org
    $2,620,998
    From related orgs
    $0
    Other
    $682,234
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $922,680
    Bonus
    $1,501,977
    Other
    $196,341
    Deferred
    $651,099
    Nontaxable benefits
    $31,135
    Filer's total
    $3,303,232

  • Kristi Sherrill

    EVP Chief Phil & CA Officer

    Total calculated
    $2,613,669
    From this org
    $2,184,248
    From related orgs
    $0
    Other
    $429,421
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $488,845
    Bonus
    $808,836
    Other
    $886,567
    Deferred
    $424,013
    Nontaxable benefits
    $5,408
    Filer's total
    $2,613,669

  • Nikhil Reddy

    EVP Chief Product Officer

    Total calculated
    $2,503,014
    From this org
    $1,853,100
    From related orgs
    $0
    Other
    $649,914
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $768,768
    Bonus
    $1,046,722
    Other
    $37,610
    Deferred
    $620,299
    Nontaxable benefits
    $29,615
    Filer's total
    $2,503,014

  • Matthew Chambers

    EVP Chief Information Officer

    Total calculated
    $2,453,950
    From this org
    $1,827,408
    From related orgs
    $0
    Other
    $626,542
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $707,003
    Bonus
    $1,104,403
    Other
    $16,002
    Deferred
    $592,461
    Nontaxable benefits
    $34,081
    Filer's total
    $2,453,950

  • Michael Sanborn

    Chief Growth Officer

    Total calculated
    $2,406,671
    From this org
    $1,812,199
    From related orgs
    $0
    Other
    $594,472
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $735,574
    Bonus
    $1,031,295
    Other
    $45,330
    Deferred
    $569,307
    Nontaxable benefits
    $25,165
    Filer's total
    $2,406,671

  • Walter Peters MD

    Chief Medical Officer

    Total calculated
    $2,142,550
    From this org
    $1,816,967
    From related orgs
    $0
    Other
    $325,583
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $866,311
    Bonus
    $792,120
    Other
    $158,536
    Deferred
    $297,868
    Nontaxable benefits
    $27,715
    Filer's total
    $2,142,550

  • Robin W Watson MD

    EVP Chief Clinical Ops Officer

    Total calculated
    $1,970,576
    From this org
    $1,549,263
    From related orgs
    $0
    Other
    $421,313
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $808,790
    Bonus
    $724,209
    Other
    $16,264
    Deferred
    $389,832
    Nontaxable benefits
    $31,481
    Filer's total
    $1,970,576

  • Nikki Moll

    EVP Chief Mtg & Comms Officer

    Total calculated
    $1,813,341
    From this org
    $1,336,321
    From related orgs
    $0
    Other
    $477,020
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $555,015
    Bonus
    $766,696
    Other
    $14,610
    Deferred
    $444,991
    Nontaxable benefits
    $32,029
    Filer's total
    $1,813,341

  • Cristi Lockett

    EVP Chief HR Officer

    Total calculated
    $323,510
    From this org
    $301,206
    From related orgs
    $0
    Other
    $22,304
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $99,129
    Bonus
    $200,000
    Other
    $2,077
    Deferred
    $18,672
    Nontaxable benefits
    $3,632
    Filer's total
    $323,510

  • Lavone Arthur

    Former Key Employee

    Total calculated
    $401,107
    From this org
    $401,107
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $401,107
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $401,107

  • Patricia M Currie

    Former Key Employee

    Total calculated
    $220,000
    From this org
    $220,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $220,000
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $220,000

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

  • 1a · Travel for companions
  • 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
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 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
Travel for companions - The organization reimburses eligible employees and board members certain reasonable travel expenses associated with spousal travel where the spouses's presence is important to the event. These events may include, for example, board meetings, business meetings, and award ceremonies approved by the BSW Holdings' CEO, COO or CFO. All spousal travel reimbursements are treated as taxable compensation. Two of the persons listed in Part VII, Section A received this benefit during the tax year. 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. Six 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. Fiftteen of the persons 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 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 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, Lines 4a-b
Severance or Change of Control Payments: Lavone Arthur received a severance payment from the organization in the amount of $220,000. Patricia M. Currie received a severance payment from the organization in the amount of $220,000. Supplemental Nonqualified Retirement Plan: 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, M.D. ($147,245), F. David Winter, M.D. ($50,481), Jennifer Mitzner, Julie Creamer, Kristi Sherrill, Lavone Arthur ($892,991), Lisa L. Havens, Matthew Chambers, Michael Sanborn, Nikhil Reddy, Nikki Moll, Paul Madeley, M.D. ($34,668), Peter McCanna ($444,197), Robin W. Watson, M.D., Steven Newton ($169,160), Timothy Bittenbinder, M.D. ($94,417), Walter Peters, M.D. ($128,805), Tresa McNeal, M.D., Karla Ramberger, Cristi Lockett, Amy Wilson, M.D., and William L. Rayburn, M.D. ($64,776).
Part I, Line 7
The organization has adopted and implemented an 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. Also, select officers, as designated by BSW Holdings' governing body, are eligible to participate in a Long Term Incentive Plan that is designed to recognize the key senior leaders' value and contribution to BSWH as well as align their compensation to the long term strategy of BSWH. Performance targets are based upon a percentage of the participant's base salary and are developed by independent third party expert(s) using market competitive data within the guides of reasonableness. The plan is based on BSWH's three-year performance against its peers, determined based on peer rankings or percentile rankings in quality, patient satisfaction and financial performance. At the end of three years, awards are determined by BSW Holdings' governing body for participants. Payouts are partially made in cash and the remainder vests over an additional two year period.
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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • BSWMG LLC

    Governing body of wholly owned physician practices (no operations) · TX · income $0 · assets $0

    Directly controlled by Baylor Scott & White Holdings

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

  • Baylor Scott & White Health

    $9,234,734,534

    Liquidation · All assets including Cash, Program Investments & Other Investments · Dec 31, 2024 · 501(c)(3)

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202503179349307150

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