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Nonprofiteer
← BAPTIST HEALTH SYSTEM INC

Form 990 for tax year 2024

Filed by BAPTIST HEALTH SYSTEM INC.

Totals

Total revenue
$289,140,667
Total expenses
$481,439,504
Contributions and grants received
$162,628
Grants paid
$0
Program service revenue
$481,276,876
Investment income
-$192,298,837
Other revenue
$0
Total assets, end of year
$852,855,429
Total liabilities, end of year
$189,335,139
Net assets or fund balances, end of year
$663,520,290
Program services expenses (Part IX)
$404,580,599
Management and general expenses
$76,858,905
Fundraising expenses
$0
Program service expenses (Part III)
$404,580,599

Program services were 84.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $162,628

  • 1f · All other contributions, gifts and grants

    $0

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: HEALTH ADMIN. & SUPPORT SERVICES TO HEALTH SYSTEM, NET

    total $481,252,878 · related or exempt $481,252,878 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: CPR TRAINING

    total $23,998 · related or exempt $23,998 · unrelated business $0 · excluded $0

  • 2c · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2d · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2e · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total -$192,196,011 · related or exempt $0 · unrelated business $0 · excluded -$192,196,011

  • 5 · Royalties

    total $0 · related or exempt $0

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $112,457

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $215,283

  • 7c · Gain or loss

    securities $0 · other assets -$102,826

  • 7d · Net gain or loss

    total -$102,826 · related or exempt $0 · unrelated business $0 · excluded -$102,826

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $15,812,400 · program services $13,282,416 · management and general $2,529,984 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $184,807,200 · program services $155,238,048 · management and general $29,569,152 · fundraising $0

  • 8 · Pension plan contributions

    total $11,294,028 · program services $9,486,984 · management and general $1,807,044 · fundraising $0

  • 9 · Other employee benefits

    total $52,605,783 · program services $44,188,858 · management and general $8,416,925 · fundraising $0

  • 10 · Payroll taxes

    total $16,851,094 · program services $14,154,919 · management and general $2,696,175 · fundraising $0

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $1,113,986 · program services $556,993 · management and general $556,993 · fundraising $0

  • 11c · Fees: accounting

    total $154,075 · program services $129,423 · management and general $24,652 · fundraising $0

  • 11d · Fees: lobbying

    total $19,500 · program services $16,380 · management and general $3,120 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $36,797,590 · program services $30,909,976 · management and general $5,887,614 · fundraising $0

  • 12 · Advertising and promotion

    total $4,074,764 · program services $3,422,802 · management and general $651,962 · fundraising $0

  • 13 · Office expenses

    total $36,570,990 · program services $30,719,632 · management and general $5,851,358 · fundraising $0

  • 14 · Information technology

    total $64,720,034 · program services $54,364,826 · management and general $10,355,208 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $10,086,907 · program services $8,473,002 · management and general $1,613,905 · fundraising $0

  • 17 · Travel

    total $1,854,674 · program services $1,557,926 · management and general $296,748 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $2,088,452 · program services $1,754,300 · management and general $334,152 · fundraising $0

  • 20 · Interest

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $37,106,676 · program services $31,169,608 · management and general $5,937,068 · fundraising $0

  • 23 · Insurance

    total $137,265 · program services $115,303 · management and general $21,962 · fundraising $0

  • 24a · Other expenses: HOSPITAL/MEDICAL SUPPLIES

    total $3,185,432 · program services $3,185,432 · management and general $0 · fundraising $0

  • 24b · Other expenses: DUES & MEMBERSHIPS

    total $1,719,657 · program services $1,444,512 · management and general $275,145 · fundraising $0

  • 24c · Other expenses: PATIENT TRANSPORTATION

    total $253,134 · program services $253,134 · management and general $0 · fundraising $0

  • 24d · Other expenses: LICENSES & FEES

    total $185,863 · program services $156,125 · management and general $29,738 · fundraising $0

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $306,679,411 · end of year $447,507,195

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $4,736,699 · end of year $14,784,160

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $101,926 · end of year $17,824

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,317,533 · end of year $23,736,076

  • 10a · Land, buildings and equipment: cost or other basis

    $253,201,359

  • 10b · Land, buildings and equipment: accumulated depreciation

    $140,683,750

  • 10c · Land, buildings and equipment, net

    beginning of year $85,130,589 · end of year $112,517,609

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $168,343,441 · end of year $183,658,844

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $163,037,643 · end of year $70,633,721

  • 17 · Accounts payable and accrued expenses

    beginning of year $58,241,253 · end of year $83,556,358

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $206,407,650 · end of year $105,778,781

  • 27 · Net assets without donor restrictions

    beginning of year $485,622,698 · end of year $663,444,649

  • 28 · Net assets with donor restrictions

    beginning of year $75,641 · end of year $75,641

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

TO MAKE HOPE, HEALING AND WELL-BEING ACCESSIBLE TO EVERY PERSON AS AN EXPRESSION OF GOD'S LOVE.

  • BAPTIST HEALTH SYSTEM, INC. (BHS, INC. OR THE PARENT) IS A TAX-EXEMPT PARENT HOLDING COMPANY LOCATED IN JACKSONVILLE, FLORIDA, WHOSE PRIMARY PURPOSE IS TO DIRECT THE AFFAIRS OF A MULTI-ENTITY HEALTH CARE SYSTEM (BHS), WHICH INCLUDES THE FOLLOWING SUBSIDIARIES: (1) SOUTHERN BAPTIST HOSPITAL OF FLORIDA, INC. (SBHF) - A TAX-EXEMPT ORGANIZATION THAT OPERATES THREE ACUTE CARE HOSPITALS, BAPTIST MEDICAL CENTER - JACKSONVILLE (BMCJ), BAPTIST MEDICAL CENTER - SOUTH (BMCS), AND BAPTIST MEDICAL CENTER - CLAY (BMCC); ONE CHILDREN'S HOSPITAL, WOLFSON CHILDREN'S HOSPITAL (WCH); AND FOUR EMERGENCY CARE CENTERS, BAPTIST EMERGENCY CENTER TOWN CENTER (BMTC), BAPTIST EMERGENCY CENTER NORTH (BECN), BAPTIST EMERGENCY CENTER OAKLEAF (BECO), AND BAPTIST EMERGENCY CENTER ST. AUGUSTINE (BESA). THE FOUR HOSPITALS HAVE 521, 357, 102, AND 257 LICENSED BEDS, RESPECTIVELY. (2) BAPTIST MEDICAL CENTER OF THE BEACHES, INC. (BMCB) - A TAX-EXEMPT, 146-BED ACUTE CARE HOSPITAL. (3) BAPTIST MEDICAL CENTER OF NASSAU, INC. (BMCN) - A TAX-EXEMPT, 62-BED ACUTE CARE HOSPITAL. (4) BAPTIST HEALTH PROPERTIES, INC. (BHP) - A TAX-EXEMPT REAL ESTATE HOLDING COMPANY. (5) BAPTIST HEALTH AMBULATORY SERVICES, INC. (ASI) - A TAX-EXEMPT ENTITY THAT ENGAGES IN HEALTHCARE RESEARCH ACTIVITIES. (6) PAVILION HEALTH SERVICES, INC. (PHS) - A TAXABLE ENTITY THAT PROVIDES VARIOUS HEALTH CARE AND RELATED SUPPORT SERVICES SUCH AS HOME INFUSION SERVICES, AMBULATORY CARE SERVICES, AND PRIMARY CARE SERVICES. (7) OTHER - OTHER CONSOLIDATED ENTITIES INCLUDE BAPTIST PHYSICIAN PARTNERS, LLC (BPP), FIRST COAST ASSURANCE PROTECTED CELL 1 (FCP), AND FIRST COAST ASSURANCE, INC. (FCA) HEALTHCARE QUALITY AND EFFICIENCY IN THE NORTHEAST FLORIDA COMMUNITY. (8) BAPTIST HEALTH SYSTEM FOUNDATION, INC. (BHSF) - A PUBLIC FOUNDATION WITH THE PRIMARY PURPOSE OF RAISING FUNDS TO SUPPORT THE ACTIVITIES OF THE TAX-EXEMPT MEMBERS OF BHS.

    Expenses $404,580,599 · Revenue $481,276,876

As filed on the 2024 return.

Listed in Part VII

  • Asghar A Syed Esq

    SECRERARY

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Cleve Warren

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Deborah Pass Durham

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Kristi Garside

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • Michael A Mayo Dha

    PRESIDENT & CHIEF EXEC OFFICER

    Total calculated
    $2,654,184
    From this org
    $2,587,578
    From related orgs
    $0
    Other
    $66,606
    Hours/week
    36 + 4 related

    Schedule J breakdown matched by us

    Base
    $1,418,555
    Bonus
    $988,155
    Other
    $180,868
    Deferred
    $19,838
    Nontaxable benefits
    $46,768
    Filer's total
    $2,654,184

  • Clint Drawdy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • Craig Shapiro MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • Diane Raines

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • Ilene Levenson MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related

  • John K Anderson Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • Kyle Etzkorn MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 0.1 related

  • Mark Laborde

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 0.1 related

  • Michael Erhard MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • Michael K Diaz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 0.1 related

  • Pamela Chally Rnphd

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related

  • Rachel Tutwiler-Fortune

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related

  • Rev Kyle T Reese

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related

  • Aaron Miri

    SVP/CDIO

    Total calculated
    $897,938
    From this org
    $764,469
    From related orgs
    $0
    Other
    $133,469
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $499,125
    Bonus
    $216,923
    Other
    $48,421
    Deferred
    $109,915
    Nontaxable benefits
    $23,554
    Filer's total
    $897,938

  • Andrea Eklund

    SVP/CCO

    Total calculated
    $502,852
    From this org
    $466,511
    From related orgs
    $0
    Other
    $36,341
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $350,478
    Bonus
    $116,008
    Other
    $25
    Deferred
    $11,732
    Nontaxable benefits
    $24,609
    Filer's total
    $502,852

  • G Scott Baity Esq

    SVP/GENERAL COUNSEL/CLO/ASST. SEC.

    Total calculated
    $1,113,927
    From this org
    $940,666
    From related orgs
    $0
    Other
    $173,261
    Hours/week
    37 + 3 related

    Schedule J breakdown matched by us

    Base
    $605,519
    Bonus
    $261,709
    Other
    $73,438
    Deferred
    $158,324
    Nontaxable benefits
    $14,937
    Filer's total
    $1,113,927

  • Kathleen M McCann

    SVP/CHRO

    Total calculated
    $853,664
    From this org
    $729,480
    From related orgs
    $0
    Other
    $124,184
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $509,364
    Bonus
    $220,091
    Other
    $25
    Deferred
    $108,134
    Nontaxable benefits
    $16,050
    Filer's total
    $853,664

  • Keith A Tickell

    SVP/CFO/ASST. TREASURER

    Total calculated
    $1,301,140
    From this org
    $1,260,377
    From related orgs
    $0
    Other
    $40,763
    Hours/week
    37.6 + 2.4 related

    Schedule J breakdown matched by us

    Base
    $770,095
    Bonus
    $328,115
    Other
    $162,167
    Deferred
    $16,388
    Nontaxable benefits
    $24,375
    Filer's total
    $1,301,140

  • Kimberly Jones

    SVP/CPO

    Total calculated
    $565,042
    From this org
    $0
    From related orgs
    $466,847
    Other
    $98,195
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $323,051 related
    Bonus
    $0 + $143,771 related
    Other
    $0 + $25 related
    Deferred
    $0 + $74,678 related
    Nontaxable benefits
    $0 + $23,517 related
    Filer's total
    $0 + $565,042 related

  • Matthew A Zuino

    EVP/COO

    Total calculated
    $1,696,385
    From this org
    $1,467,728
    From related orgs
    $0
    Other
    $228,657
    Hours/week
    38.2 + 1.8 related

    Schedule J breakdown matched by us

    Base
    $896,547
    Bonus
    $450,989
    Other
    $120,192
    Deferred
    $203,282
    Nontaxable benefits
    $25,375
    Filer's total
    $1,696,385

  • Melanie J Husk

    SVP, CCO

    Total calculated
    $716,471
    From this org
    $672,651
    From related orgs
    $0
    Other
    $43,820
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $436,939
    Bonus
    $186,655
    Other
    $49,057
    Deferred
    $23,288
    Nontaxable benefits
    $20,532
    Filer's total
    $716,471

  • T Scott Finnegan

    SVP/CTO

    Total calculated
    $665,254
    From this org
    $532,584
    From related orgs
    $0
    Other
    $132,670
    Hours/week
    37.7 + 2.3 related

    Schedule J breakdown matched by us

    Base
    $370,584
    Bonus
    $135,216
    Other
    $26,784
    Deferred
    $117,596
    Nontaxable benefits
    $15,074
    Filer's total
    $665,254

  • Tammy L Daniel

    SVP/CNO

    Total calculated
    $862,241
    From this org
    $730,031
    From related orgs
    $0
    Other
    $132,210
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $465,695
    Bonus
    $199,987
    Other
    $64,349
    Deferred
    $115,496
    Nontaxable benefits
    $16,714
    Filer's total
    $862,241

  • Timothy Groover MD

    SVP/SYSTEM CMO

    Total calculated
    $1,241,565
    From this org
    $1,066,681
    From related orgs
    $0
    Other
    $174,884
    Hours/week
    39.4 + 0.6 related

    Schedule J breakdown matched by us

    Base
    $664,985
    Bonus
    $286,899
    Other
    $114,797
    Deferred
    $148,670
    Nontaxable benefits
    $26,214
    Filer's total
    $1,241,565

  • Catherine A Graham

    SVP, CLIN SVC LN & AMB BUS DEV

    Total calculated
    $521,903
    From this org
    $461,589
    From related orgs
    $0
    Other
    $60,314
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $296,972
    Bonus
    $107,420
    Other
    $57,197
    Deferred
    $43,098
    Nontaxable benefits
    $17,216
    Filer's total
    $521,903

  • Jeremy Goodman

    VP, SYSTEM QUALITY OFFICER

    Total calculated
    $710,006
    From this org
    $650,968
    From related orgs
    $0
    Other
    $59,038
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $503,651
    Bonus
    $147,292
    Other
    $25
    Deferred
    $34,747
    Nontaxable benefits
    $24,291
    Filer's total
    $710,006

  • Philip E Boyce

    SVP/ CRO

    Total calculated
    $681,731
    From this org
    $656,616
    From related orgs
    $0
    Other
    $25,115
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $418,976
    Bonus
    $226,107
    Other
    $11,533
    Deferred
    $6,038
    Nontaxable benefits
    $19,077
    Filer's total
    $681,731

  • Rahul Dalvi

    PHYSICIAN ADVISOR

    Total calculated
    $531,573
    From this org
    $490,080
    From related orgs
    $0
    Other
    $41,493
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $424,252
    Bonus
    $62,380
    Other
    $3,448
    Deferred
    $16,388
    Nontaxable benefits
    $25,105
    Filer's total
    $531,573

  • Tamer Hassan

    PHYSICIAN ADVISOR

    Total calculated
    $546,560
    From this org
    $507,100
    From related orgs
    $0
    Other
    $39,460
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $432,457
    Bonus
    $62,380
    Other
    $12,263
    Deferred
    $16,388
    Nontaxable benefits
    $23,072
    Filer's total
    $546,560

  • Ellen Light

    FORMER INTERIM CCO (AS OF 11.07.23)

    Total calculated
    $355,945
    From this org
    $297,885
    From related orgs
    $0
    Other
    $58,060
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $229,431
    Bonus
    $68,429
    Other
    $25
    Deferred
    $34,587
    Nontaxable benefits
    $23,473
    Filer's total
    $355,945

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

  • 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

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
BAPTIST HEALTH SYSTEM, INC. (BHS) HAS THREE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS (SERPS). ONE IS A SERP FOR CERTAIN EXECUTIVES, ANOTHER IS A DEFINED BENEFIT SERP FOR VICE PRESIDENTS, AND THE THIRD IS A DEFINED CONTRIBUTION SERP FOR SENIOR MANAGEMENT. THESE SERPS ARE PLANS DESCRIBED IN IRS SECTION 457(F). THE BENEFITS UNDER THESE PLANS ACCRUE DURING EACH EXECUTIVE'S TERM OF EMPLOYMENT. THESE BENEFITS ARE UNVESTED AND SUBJECT TO FORFEITURE UNTIL THE COVERED EMPLOYEE REACHES RETIREMENT AGE OR THE FIVE-YEAR ANNIVERSARY OF THE CONTRIBUTION DATE. THE FOLLOWING INDIVIDUALS ACCRUED UNVESTED BENEFITS UNDER THESE PLANS DURING CALENDAR YEAR 2024: DEBORAH ABRAM $33,795, G. SCOTT BAITY $118,159, TAMMY DANIEL $92,208, T. SCOTT FINNEGAN $71,936, TIMOTHY GROOVER M.D. $132,282, ANDREA EKLUND $7,269, ELLEN LIGHT $22,255, KIMBERLY JONES $61,879, KATHLEEN MCCANN $94,334, AARON MIRI $96,115, JEREMY GOODMAN $20,947, RICK TRESMOND $33,947, AND MATTHEW ZUINO $186,894. THESE ACCRUED BENEFITS ARE UNVESTED AND SUBJECT TO FORFEITURE UNLESS THE NAMED EMPLOYEE REMAINS EMPLOYED WITH BHS UNTIL THE COVERED EMPLOYEE REACHES RETIREMENT AGE OR THE FIVE-YEAR ANNIVERSARY OF THE CONTRIBUTION DATE. THIS AMOUNT IS INCLUDED ON SCHEDULE J, PART II, COLUMN (C).

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.

  • BAPTIST PHYSICIAN PARTNERS LLC

    PROVIDE MEDICAL AND HEALTHCARE SERVICES TO THE COMMUNITY. · FL · income $13,922,000 · assets $10,192,000

    Directly controlled by THE SOLE AUTHORIZED MEMBER OF THE ORGANIZATION IS BAPTIST HEALTH SYSTEM INC

  • BAPTIST PHYSICIAN PARTNERS ACO LLC

    PROVIDE MEDICAL AND HEALTHCARE SERVICES TO THE COMMUNITY. · FL · income $0 · assets $0

    Directly controlled by BAPTIST PHYSICIAN PARTNERS LLC

  • FIRST COAST ASSURANCE PROTECTED CELL #1

    PROVIDE VARIOUS LIABILITY AND INDEMNIFICATION COVERAGES TO BHS AND AFFILIATES. · NC · income $0 · assets $4,605,136

    Directly controlled by THE SOLE AUTHORIZED MEMBER OF THE ORGANIZATION IS BAPTIST HEALTH SYSTEM INC

Related partnerships

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

  • CORPORATE HEALTH LLC

    N/A · DEVELOPMENT/ OPERATION OF A MEDICALLY-BASED WELLNESS PROGRAM FOR THE NORTHEAST FLORIDA COMMUNITY · FL

    Directly controlled by BAPTIST HEALTH AMBULATORY SERVICES INC

  • BAYBAP LLC

    N/A · HOME HEALTH · FL

    Directly controlled by PAVILION HEALTH SERVICES INC

  • BAPTIST-COMPASS SURGICAL VENTURES LLC

    N/A · OWNS/OPERATES SURGICAL CENTERS FOR HEALTHCARE SYSTEM · NC

    Directly controlled by PAVILION HEALTH SERVICES INC

  • BG-PHS NASSAU CROSSING LLC

    N/A · REAL ESTATE · FL

    Directly controlled by PAVILION HEALTH SERVICES INC

Related corporations and trusts

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

  • PAVILION HEALTH SERVICES INC

    C CORPORATION · PHYSICIAN PRACTICES · FL · 100% owned · share of income -$198,849,000 · share of assets $597,580,000 · controlled entity

    Directly controlled by BAPTIST HEALTH SYSTEM INC

  • BAPTIST SPECIALTY PHYSICIANS INC

    C CORPORATION · PHYSICIAN PRACTICES · FL

    Directly controlled by SOUTHERN BAPTIST HOSPITAL OF FLORIDA INC

  • FIRST COAST ASSURANCE INC

    C CORPORATION · ADMINISTRATIVE SERVICES · NC · 100% owned · share of income -$22,783 · share of assets $496,595 · controlled entity

    Directly controlled by BAPTIST HEALTH SYSTEM INC

Provenance

Return type
form_990
Tax year
2024
Filed
13 August 2026
IRS schema version
2024v5.1
Source object
202602259349300800

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