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Nonprofiteer
← SOUTHERN BAPTIST HOSPITAL OF FLORIDA INC

Form 990 for tax year 2023

Filed by SOUTHERN BAPTIST HOSPITAL OF FLORIDA INC.

Totals

Total revenue
$2,644,072,931
Total expenses
$2,113,188,765
Contributions and grants received
$14,002,214
Grants paid
$35,979,471
Program service revenue
$2,527,558,021
Investment income
$101,295,624
Other revenue
$1,217,072
Total assets, end of year
$4,728,978,089
Total liabilities, end of year
$1,642,889,836
Net assets or fund balances, end of year
$3,086,088,253
Program services expenses (Part IX)
$1,781,004,620
Management and general expenses
$332,184,145
Fundraising expenses
$0
Program service expenses (Part III)
$1,781,004,620

Program services were 84.3% 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

    $12,413,103

  • 1e · Government grants (contributions)

    $1,589,111

  • 1f · All other contributions, gifts and grants

    $0

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: Patient Service Revenues, Net

    total $2,473,842,062 · related or exempt $2,473,842,062 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Hospital Cafeteria

    total $11,090,102 · related or exempt $11,090,102 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: Hospital Program Revenue

    total $42,037,799 · related or exempt $42,037,799 · unrelated business $0 · excluded $0

  • 2d · Program service revenue: Rental Revenue

    total $568,166 · related or exempt $568,166 · unrelated business $0 · excluded $0

  • 2e · Program service revenue: Seminar Revenue

    total $19,636 · related or exempt $19,636 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $256 · related or exempt $256 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $99,225,405 · related or exempt $0 · unrelated business $0 · excluded $99,225,405

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

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

  • 5 · Royalties

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

  • 6a · Gross rents

    personal property $1,307,581

  • 6b · Less rental expenses

    personal property $882,508

  • 6c · Rental income or loss

    real property $0 · personal property $425,073

  • 6d · Net rental income or loss

    total $425,073 · related or exempt $0 · unrelated business $649,584 · excluded -$224,511

  • 7a · Gross sales of assets other than inventory

    other assets $1,714,718

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

    other assets -$355,501

  • 7c · Gain or loss

    securities $0 · other assets $2,070,219

  • 7d · Net gain or loss

    total $2,070,219 · related or exempt $0 · unrelated business $0 · excluded $2,070,219

  • 8c · Net income from fundraising events

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

  • 9c · Net income from gaming

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

  • 10c · Net income from sales of inventory

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

  • 11a · Other revenue: Reference lab revenues

    total $391,028 · related or exempt $0 · unrelated business $391,028 · excluded $0

  • 11b · Other revenue: Intercompany Labor Lease

    total $382,711 · related or exempt $0 · unrelated business $382,711 · excluded $0

  • 11c · Other revenue: Miscellaneous Revenue

    total $18,260 · related or exempt $18,260 · unrelated business $0 · excluded $0

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $791,999

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $35,979,471 · program services $35,979,471

  • 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 $2,209,730 · program services $1,104,865 · management and general $1,104,865 · fundraising $0

  • 6 · Compensation of disqualified persons

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

  • 7 · Other salaries and wages

    total $711,982,302 · program services $598,065,134 · management and general $113,917,168 · fundraising $0

  • 8 · Pension plan contributions

    total $27,678,744 · program services $23,250,145 · management and general $4,428,599 · fundraising $0

  • 9 · Other employee benefits

    total $154,242,899 · program services $129,564,035 · management and general $24,678,864 · fundraising $0

  • 10 · Payroll taxes

    total $53,905,138 · program services $45,280,316 · management and general $8,624,822 · fundraising $0

  • 11a · Fees: management

    total $8,290,240 · program services $5,803,168 · management and general $2,487,072 · fundraising $0

  • 11b · Fees: legal

    total $1,061,308 · program services $530,654 · management and general $530,654 · fundraising $0

  • 11c · Fees: accounting

    total $823,084 · program services $411,542 · management and general $411,542 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · 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 $154,691,600 · program services $108,284,120 · management and general $46,407,480 · fundraising $0

  • 12 · Advertising and promotion

    total $230,426 · program services $161,298 · management and general $69,128 · fundraising $0

  • 13 · Office expenses

    total $108,064,166 · program services $75,644,916 · management and general $32,419,250 · fundraising $0

  • 14 · Information technology

    total $11,305,904 · program services $7,914,133 · management and general $3,391,771 · fundraising $0

  • 15 · Royalties

    total $275,670 · program services $192,969 · management and general $82,701 · fundraising $0

  • 16 · Occupancy

    total $37,462,307 · program services $26,223,615 · management and general $11,238,692 · fundraising $0

  • 17 · Travel

    total $950,510 · program services $665,357 · management and general $285,153 · 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 $1,043,563 · program services $730,494 · management and general $313,069 · fundraising $0

  • 20 · Interest

    total $43,052,222 · program services $30,136,555 · management and general $12,915,667 · fundraising $0

  • 21 · Payments to affiliates

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

  • 22 · Depreciation, depletion and amortization

    total $144,509,430 · program services $101,156,601 · management and general $43,352,829 · fundraising $0

  • 23 · Insurance

    total $58,190,873 · program services $40,733,611 · management and general $17,457,262 · fundraising $0

  • 24a · Other expenses: Hospital/Medical Supplies

    total $493,575,598 · program services $493,575,598 · management and general $0 · fundraising $0

  • 24b · Other expenses: AHCA & NICA ASSESSMENTS

    total $23,388,843 · program services $23,388,843 · management and general $0 · fundraising $0

  • 24c · Other expenses: Patient Transportation

    total $6,890,522 · program services $6,890,522 · management and general $0 · fundraising $0

  • 24d · Other expenses: Patient Reference Lab

    total $6,492,356 · program services $6,492,356 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $26,891,859 · program services $18,824,302 · management and general $8,067,557 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $120,902 · end of year $84,690

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $337,721,784 · end of year $321,261,898

  • 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 $31,342,134 · end of year $35,187,388

  • 9 · Prepaid expenses and deferred charges

    beginning of year $15,992,699 · end of year $18,782,963

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

    $2,811,616,029

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

    $1,457,303,043

  • 10c · Land, buildings and equipment, net

    beginning of year $1,361,139,745 · end of year $1,354,312,986

  • 11 · Investments: publicly traded securities

    beginning of year $1,713,588,918 · end of year $2,280,454,575

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $5,754,175 · end of year $5,754,175

  • 15 · Other assets

    beginning of year $654,824,156 · end of year $713,139,414

  • 17 · Accounts payable and accrued expenses

    beginning of year $489,004,661 · end of year $508,712,967

  • 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 $930,244,077 · end of year $948,257,349

  • 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 $142,130,329 · end of year $185,919,520

  • 27 · Net assets without donor restrictions

    beginning of year $2,349,337,772 · end of year $2,837,537,260

  • 28 · Net assets with donor restrictions

    beginning of year $209,767,674 · end of year $248,550,993

  • 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 · 2023

Mission

To make hope, healing and well-being accessible to every person as an expression of God's love.

  • Southern Baptist Hospital of Florida, Inc. (SBHF) is a subsidiary of Baptist Health System, Inc. (Baptist Health), a tax-exempt parent company located in Jacksonville, Florida. SBHF is a tax-exempt organization that operates three acute care hospitals, Baptist Medical Center (Baptist Jacksonville), Baptist Medical Center South (Baptist South), and Baptist Medical Center Clay (Baptist Clay); one children's hospital, Wolfson Children's Hospital (WCH); and four emergency centers, Baptist Emergency Town Center, Baptist Emergency Center North, Baptist Emergency Center Oakleaf, and Baptist Emergency St. Augustine. The four hospitals have 513, 357, 102 and 257 licensed beds , respectively. Baptist Jacksonville is a full-service, magnet-designated tertiary care hospital representing nearly all major specialties. This flagship hospital is also home to the Baptist Heart Hospital, offering comprehensive, high-quality cardiovascular care. WCH is the only full-service tertiary hospital for children in the region, serving North Florida, South Georgia, and beyond. WCH is a pediatric trauma referral center and is recognized year after year as one of America's best children's hospitals by U.S. News & World Report. WCH serves as the main teaching facility for the University of Florida College of Medicine's Pediatric Residency Training Program. For fiscal year 2024, SBHF had 86,648 admissions accounting for 373,922 inpatient & observation days, 328,799 emergency room visits, and 45,370 surgeries. SBHF's primary focus is addressing unmet health needs, particularly among vulnerable populations who have limited health resources and access to health care. SBHF's community health efforts are guided by the community health committee, which is comprised of selected Baptist Health board members from across our health system. A cornerstone of SBHF's commitment to the community is caring for the health of vulnerable, uninsured and underserved people among us. During fiscal year 2024, SBHF provided the following uncompensated care and community benefit; (1) charity care - $71.0 million, (2) unreimbursed Medicaid costs - $63.8 million, (3) unreimbursed Medicare costs - $78.8 million, and (4) specific community programs - $14.7 million, for a total of $228.3 million of uncompensated care and community benefits. Southern Baptist Hospital of Florida, Inc. and MD Anderson Cancer Center have united to create Baptist MD Anderson Cancer Center. This partnership brings together MD Anderson's world-renowned cancer expertise and Baptist Health's comprehensive health system to create an unprecedented range of options for adult cancer patients in our region. The goal of the partnership is to provide the same high-level, multidisciplinary cancer care to patients in Northeast Florida that is available to MD Anderson patients in Houston. This includes all aspects along the continuum of cancer care -- patient care, research, education and prevention. The following are a subset of the awards and honors received by Baptist Health and/or the organizations entities in FY 2024 (10/01/23-9/30/24): A rating for The Leapfrog Hospital Safety Grades for multiple consecutive seasons; recognition from the American College of Surgeons National Surgical Quality Improvement Program (ACS NSQIP) for commitment to continuous improvement in the quality of surgical care at Baptist Jacksonville, Baptist South and Wolfson Children's; multiple awards from the American Heart Association including the Get With The Guidelines Stroke Gold Plus quality achievement award for Baptist South and Baptist Jacksonville (with Baptist Jacksonville also receiving the Target: Stroke Honor Roll Elite Plus and Advanced Therapy awards), the Stroke Silver Plus quality achievement award for Baptist Clay,, Target: Type 2 Diabetes Honor Roll award for Baptist Jacksonville, Baptist South and Baptist Clay; Baptist Jacksonville was honored to earn the highest rating (three stars) from The Society of Thoracic Surgeons for both lung cancer and heart bypass procedures; Money magazine ranked Baptist Jacksonville top in Florida (and one of top in the nation) for cardiac care; Baptist Jacksonville also earned the NRC Consumer Loyalty Award;; named a Lung Cancer Screening Center of Excellence from the American College of Radiology. Wolfson Children's Hospital is one of only four specialty-licensed Florida Specialty Hospitals for Children; recognized as a top hospital for children by The Leapfrog Group; the area's only Florida-designated Pediatric Trauma Center and an American College of Surgeons-verified as a Level I Pediatric Trauma Center; Wolfson Children's was one of 15 pediatric ERs in the nation to receive the 2024 Lantern Award from the Emergency Nurses Association for excellence in emergency nursing; and it is consistently recognized year after year for being among the "50 Best Children's Hospitals" by U.S. News & World Report. All eligible hospitals within the Baptist Health system achieved their fourth consecutive Magnet Recognition from the American Nurses Credentialing Center (ANCC). Magnet is considered the gold standard among health care organizations that meet rigorous standards for quality patient care, nursing excellence and innovations in professional nursing practice. Many other awards and honors can be viewed at the organization's website https://www.baptistjax.com/about-us/awards.

    Expenses $1,781,004,620 · Grants $35,979,471 · Revenue $2,527,576,281

As filed on the 2023 return.

Listed in Part VII

  • Asghar A Syed Esq

    Vice Chair through 03.27.24/Chair

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Ken Babby

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Michael A Mayo DHA

    President

    Total calculated
    $2,456,417
    From this org
    $0
    From related orgs
    $2,400,699
    Other
    $55,718
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,239,294 related
    Bonus
    $0 + $844,798 related
    Other
    $0 + $316,607 related
    Deferred
    $0 + $18,975 related
    Nontaxable benefits
    $0 + $36,743 related
    Filer's total
    $0 + $2,456,417 related

  • Michael K Diaz

    Chair through 03.27.24

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Rachel Tutwiler-Fortune

    Vice Chair

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Rev Kyle T Reese

    Secretary/Treasurer

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Barbara G Jaffe

    Director through 03.27.24

    Total calculated
    $0
    Hours/week
    0.1

  • Eric Mann

    Director through 03.27.24

    Total calculated
    $0
    Hours/week
    0.1

  • John Kelly Wachira MD

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Kristin Keen

    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

  • Marsha Oliver

    Director

    Total calculated
    $0
    Hours/week
    0.1 + 0.1 related

  • Matthew A Zuino

    Director

    Total calculated
    $1,577,184
    From this org
    $0
    From related orgs
    $1,423,109
    Other
    $154,075
    Hours/week
    0.1 + 39.9 related

    Schedule J breakdown matched by us

    Base
    $0 + $865,641 related
    Bonus
    $0 + $373,560 related
    Other
    $0 + $183,908 related
    Deferred
    $0 + $129,527 related
    Nontaxable benefits
    $0 + $24,548 related
    Filer's total
    $0 + $1,577,184 related

  • Nathaniel P Ford Sr

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Pamela Chally RNPhD

    Director through 03.27.24

    Total calculated
    $0
    Hours/week
    0.1 + 0.6 related

  • Rosa Beckett

    Director through 11.07.23

    Total calculated
    $0
    Hours/week
    0.1

  • Sanford Zimmerman

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • G Scott Baity Esq

    Asst. Secretary

    Total calculated
    $1,052,314
    From this org
    $0
    From related orgs
    $918,506
    Other
    $133,808
    Hours/week
    0.3 + 39.7 related

    Schedule J breakdown matched by us

    Base
    $0 + $566,725 related
    Bonus
    $0 + $212,481 related
    Other
    $0 + $139,300 related
    Deferred
    $0 + $120,024 related
    Nontaxable benefits
    $0 + $13,784 related
    Filer's total
    $0 + $1,052,314 related

  • Keith A Tickell

    Asst. Treasurer

    Total calculated
    $1,178,603
    From this org
    $0
    From related orgs
    $1,145,114
    Other
    $33,489
    Hours/week
    0.3 + 39.7 related

    Schedule J breakdown matched by us

    Base
    $0 + $738,276 related
    Bonus
    $0 + $271,777 related
    Other
    $0 + $135,061 related
    Deferred
    $0 + $15,675 related
    Nontaxable benefits
    $0 + $17,814 related
    Filer's total
    $0 + $1,178,603 related

  • Nicole Thomas

    SVP

    Total calculated
    $1,316,104
    From this org
    $1,173,955
    From related orgs
    $0
    Other
    $142,149
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $564,122
    Bonus
    $209,063
    Other
    $400,770
    Deferred
    $128,393
    Nontaxable benefits
    $13,756
    Filer's total
    $1,316,104

  • T Scott Finnegan

    Asst. Treasurer

    Total calculated
    $803,496
    From this org
    $0
    From related orgs
    $677,810
    Other
    $125,686
    Hours/week
    0.3 + 39.7 related

    Schedule J breakdown matched by us

    Base
    $0 + $359,938 related
    Bonus
    $0 + $111,997 related
    Other
    $0 + $205,875 related
    Deferred
    $0 + $111,729 related
    Nontaxable benefits
    $0 + $13,957 related
    Filer's total
    $0 + $803,496 related

  • Allegra C Jaros

    Hosp Pres, WCH

    Total calculated
    $797,745
    From this org
    $777,708
    From related orgs
    $0
    Other
    $20,037
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $523,986
    Bonus
    $219,319
    Other
    $34,403
    Deferred
    $0
    Nontaxable benefits
    $20,037
    Filer's total
    $797,745

  • Cicely L Brooks

    VP, Patient Care Services- WCH

    Total calculated
    $529,139
    From this org
    $457,238
    From related orgs
    $0
    Other
    $71,901
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $297,399
    Bonus
    $74,798
    Other
    $85,041
    Deferred
    $49,172
    Nontaxable benefits
    $22,729
    Filer's total
    $529,139

  • Jerry A Bridgham

    Med Dir, Physician Outreach

    Total calculated
    $515,358
    From this org
    $483,179
    From related orgs
    $0
    Other
    $32,179
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $259,955
    Bonus
    $149,238
    Other
    $73,986
    Deferred
    $22,275
    Nontaxable benefits
    $9,904
    Filer's total
    $515,358

  • Lee Ann M Mengel

    VP & Admin BMDA Cancer Center

    Total calculated
    $609,594
    From this org
    $559,200
    From related orgs
    $0
    Other
    $50,394
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $377,335
    Bonus
    $93,455
    Other
    $88,410
    Deferred
    $40,882
    Nontaxable benefits
    $9,512
    Filer's total
    $609,594

  • Theodore G Glasser

    VP, Medical Affairs - BMC

    Total calculated
    $664,502
    From this org
    $564,004
    From related orgs
    $0
    Other
    $100,498
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $430,372
    Bonus
    $105,777
    Other
    $27,855
    Deferred
    $86,190
    Nontaxable benefits
    $14,308
    Filer's total
    $664,502

  • Brett S McClung

    Former President/CEO (As of 05.01.21)

    Total calculated
    $512,000
    From this org
    $0
    From related orgs
    $512,000
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $125,000 related
    Other
    $0 + $387,000 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $512,000 related

  • Elizabeth R Ransom MD

    Former EVP/CPE (As of 08.15.21)

    Total calculated
    $105,000
    From this org
    $0
    From related orgs
    $105,000
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $105,000 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $105,000 related

  • Scott M Wooten

    Former Asst. Treasurer (As of 12.28.21)

    Total calculated
    $800,676
    From this org
    $0
    From related orgs
    $800,676
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $800,676 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $800,676 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

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

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

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
IN ACCORDANCE WITH THE EXECUTIVE COMPENSATION POLICY OF BAPTIST HEALTH SYSTEM, INC. (BHS), THE ORGANIZATION'S SOLE MEMBER, THE LEADERSHIP & COMPENSATION COMMITTEE (THE COMMITTEE) OF BHS (MADE UP OF INDEPENDENT DIRECTORS OF BHS) ANNUALLY ENGAGES A THIRD PARTY EXECUTIVE COMPENSATION CONSULTANT WHO PROVIDES COMPARABLES FOR EXECUTIVE COMPENSATION BASED ON CURRENT DATA REGARDING COMPENSATION PAID TO SIMILAR EXECUTIVES AT SIMILARLY-SITUATED TAX EXEMPT HEALTH SYSTEMS IN THE U.S. SUCH CONSULTANT USES THESE COMPARABLE HEALTH SYSTEMS , WHICH ARE GENERALLY THE SAME SIZE AS BHS (CONSIDERING REVENUE AND OTHER APPROPRIATE INDICATORS), TO ESTABLISH AN APPROPRIATE MARKET. WHEN THE COMMITTEE MEETS WITH SUCH CONSULTANT, THE CONSULTANT PROVIDES TO COMMITTEE MEMBERS EXECUTIVE COMPENSATION TARGET LEVELS THAT ARE COMPETITIVE WITH THE MARKET. GENERALLY, THE MEDIAN OF THE MARKET IS TARGETED. THE ACTUAL AMOUNT THAT BHS EXECUTIVES RECEIVE AS COMPENSATION MAY BE HIGHER OR LOWER THAN THE MEDIAN, DEPENDING ON BHS'S AND THE INDIVIDUAL'S PERFORMANCE. ONE OBJECTIVE OF THE COMMITTEE IS TO HAVE A STRONG LINK BETWEEN BHS AND INDIVIDUAL PERFORMANCE AND EXECUTIVE COMPENSATION SUCH THAT IF BHS AND THE INDIVIDUAL PERFORM AT AN OPTIMAL LEVEL, HIS OR HER COMPENSATION IS IN THE HIGHER RANGE OF THE MARKET. CONVERSELY, IF EITHER BHS OR INDIVIDUAL PERFORMANCE IS BELOW EXPECTATION, COMPENSATION MAY BE IN THE LOWER RANGE OF THE MARKET. OTHER FACTORS THAT INFLUENCE EXECUTIVE COMPENSATION RELATIVE TO THE MARKET INCLUDE THE EXECUTIVE'S EXPERIENCE AND BHS'S NEED TO ATTRACT AND RETAIN TOP EXECUTIVE TALENT. MINUTES OF THIS ANNUAL COMPENSATION REVIEW BY THE COMMITTEE ARE RECORDED BY SUCH CONSULTANT AND ARE APPROVED PROMPTLY BY THE CHAIR OF THE COMMITTEE.
Schedule J, Part I, Line 4a Severance or change-of-control payment
The following individuals received severance payments during calendar year 2023: Brett McClung $387,000, Scott Wooten $800,000, and Elizabeth Ransom $105,000. These amounts are included on Schedule J, part II, column b(iii).
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
Baptist Health System, Inc. (BHS) parent affiliate of Southern Baptist Hospital of Florida, Inc., 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 2023: G. Scott Baity $83,700, Cicely Brooks $21,038, Kyle Dorsey $63,152, T. Scott Finnegan $70,350, Theodore Glasser $46,587, Kimberly Jones $19,140, Lee Ann Mengel $21,907, Nicole B. Thomas $109,418, and Matthew Zuino $113,852. 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

  • Florida Essential Healthcare Partnerships Foundation

    $31,499,331

    To promote health and the relief of the poor and distressed by improving access, availability and efficiency in the delivery of healthcare services to low-income residents in Florida.

  • Blue Zones LLC

    $1,000,000

    To empower everyone, everywhere to live longer, better.

  • Jim & Tabitha Furyk Foundation

    $267,420

    To help families and children in need.

  • Gateway Community Services Inc

    $253,344

    To provide rehabilitation services to individuals and their families who are suffering from alcoholism & drug abuse, regardless of their ability to pay.

  • Local Initiatives Support Corp

    $250,000

    To assist community stakeholders in urban and rural areas across the US to improve the quality of life for historically underserved people and places.

  • Nemours Foundation

    $250,000

    To provide leadership, institutions, and services to restore and improve the health of children through care and programs not readily available.

  • Groundwork Jacksonville Inc

    $250,000

    To bring about the sustained regeneration, improvement and management of the physical environment by developing community-based partnerships to promote environmental, economic and social well-being in the Jacksonville, Florida area.

  • VISION IS PRICELESS COUNCIL

    $200,000

    To assess, sustain, and improve the visual health of children and adults in Northeast Florida through education, vision screenings, treatment and referrals.

  • United Way of NE FL Inc

    $167,519

    To solve the community's toughest challenges by connecting people, resources and ideas.

  • Art with a Heart in Healthcare Inc

    $150,000

    To provide personalized fine art experiences that enhance the healing process for patients and their families

The 10 largest by cash amount. The API serves every itemized grant.

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 Behavioral Health LLC

    Provide medical and healthcare services · FL · income -$11,476,699 · assets $2,657,971

    Directly controlled by Southern Baptist Hospital of Florida 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

    Directly controlled by BAPTIST HEALTH SYSTEM INC

  • Baptist Specialty Physicians Inc

    C Corporation · Physician Practices · FL · 100% owned · share of income -$8,587,287 · share of assets $2,236,325 · controlled entity

    Directly controlled by Southern Baptist Hospital of Florida Inc

Provenance

Return type
form_990
Tax year
2023
Filed
11 August 2025
IRS schema version
2023v6.0
Source object
202542239349300424

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

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