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Nonprofiteer
← BAPTIST HEALTH SYSTEM FOUNDATION INC

Form 990 for tax year 2022

Filed by BAPTIST HEALTH SYSTEM FOUNDATION INC.

Totals

Total revenue
$33,064,858
Total expenses
$23,024,503
Contributions and grants received
$19,960,120
Grants paid
$9,564,892
Program service revenue
not reported
Investment income
not reported
Other revenue
not reported
Total assets, end of year
not reported
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
not reported
Program services expenses (Part IX)
$18,725,404
Management and general expenses
$2,109,856
Fundraising expenses
$2,189,243
Program service expenses (Part III)
$18,725,404

Program services were 81.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Cleve Warren

    Vice Chair

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Dennis Blackburn Esq

    Secretary/Treasurer

    Total calculated
    $0
    Hours/week
    0.5

  • Martha Baker

    Chair

    Total calculated
    $0
    Hours/week
    0.5

  • Michael A Aubin

    Former Interim SVP/Former Director (As of 01.31.23)

    Total calculated
    $1,261,294
    From this org
    $0
    From related orgs
    $1,227,560
    Other
    $33,734
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $487,809 related
    Bonus
    $0 + $665,756 related
    Other
    $0 + $73,995 related
    Deferred
    $0 + $17,538 related
    Nontaxable benefits
    $0 + $16,196 related
    Filer's total
    $0 + $1,261,294 related

  • Michael A Mayo DHA

    President

    Total calculated
    $1,507,935
    From this org
    $0
    From related orgs
    $1,457,401
    Other
    $50,534
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,178,835 related
    Bonus
    $0 + $217,401 related
    Other
    $0 + $61,165 related
    Deferred
    $0 + $17,538 related
    Nontaxable benefits
    $0 + $32,996 related
    Filer's total
    $0 + $1,507,935 related

  • Adam Dimitrov MD

    Director

    Total calculated
    $349,620
    From this org
    $0
    From related orgs
    $348,221
    Other
    $1,399
    Hours/week
    0.1 + 39.9 related

    Schedule J breakdown matched by us

    Base
    $0 + $221,195 related
    Bonus
    $0 + $125,188 related
    Other
    $0 + $1,838 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $1,399 related
    Filer's total
    $0 + $349,620 related

  • Art Graham

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Benjamin Hakimian

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Chris Ball

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Christina Bryan

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Christine Granfield MD

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Connie Hodges

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Courtney Lane Reames

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Deborah C Abram MD

    Director

    Total calculated
    $444,594
    From this org
    $0
    From related orgs
    $418,883
    Other
    $25,711
    Hours/week
    0.1 + 39.9 related

    Schedule J breakdown matched by us

    Base
    $0 + $380,856 related
    Bonus
    $0 + $38,002 related
    Other
    $0 + $25 related
    Deferred
    $0 + $16,534 related
    Nontaxable benefits
    $0 + $9,177 related
    Filer's total
    $0 + $444,594 related

  • Don Wolfson

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Elizabeth Langley

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Elli Zimmerman

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Grace Wooten (Saber)

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Jane E Rollinson

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Jeff Edwards MD

    Former Director (As of 03.10.23)

    Total calculated
    $0
    Hours/week
    0.1

  • John H Williams Jr

    Former Director (As of 03.10.23)

    Total calculated
    $0
    Hours/week
    0.1

  • Julius Demps III

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Kimberly Sisisky

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Kimberly Stein-Tonning

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Kurt Mori MD

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Lauren Rueger

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Mark Shorstein

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Marsha Oliver

    Director

    Total calculated
    $0
    Hours/week
    0.1 + 0.1 related

  • Michael K Diaz

    Former Director (As of 03.10.23)

    Total calculated
    $0
    Hours/week
    0.1 + 0.6 related

  • Pamela Rama Depadua MD

    Director

    Total calculated
    $945,077
    From this org
    $0
    From related orgs
    $922,629
    Other
    $22,448
    Hours/week
    0.1 + 39.9 related

    Schedule J breakdown matched by us

    Base
    $0 + $464,010 related
    Bonus
    $0 + $331,176 related
    Other
    $0 + $127,443 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $22,448 related
    Filer's total
    $0 + $945,077 related

  • Paul Bosland

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Susan Dubow

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Tabitha Furyk

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Vikram Gopal MD

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • G Scott Baity Esq

    Asst. Secretary

    Total calculated
    $810,313
    From this org
    $0
    From related orgs
    $655,656
    Other
    $154,657
    Hours/week
    0.3 + 39.7 related

    Schedule J breakdown matched by us

    Base
    $0 + $549,772 related
    Bonus
    $0 + $66,960 related
    Other
    $0 + $38,924 related
    Deferred
    $0 + $142,844 related
    Nontaxable benefits
    $0 + $11,813 related
    Filer's total
    $0 + $810,313 related

  • Kimberly Jones

    SVP

    Total calculated
    $167,387
    From this org
    $0
    From related orgs
    $157,515
    Other
    $9,872
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $157,058 related
    Bonus
    $0
    Other
    $0 + $457 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $9,872 related
    Filer's total
    $0 + $167,387 related

  • T Scott Finnegan

    Asst. Treasurer

    Total calculated
    $528,958
    From this org
    $0
    From related orgs
    $407,047
    Other
    $121,911
    Hours/week
    0.3 + 39.7 related

    Schedule J breakdown matched by us

    Base
    $0 + $348,811 related
    Bonus
    $0 + $36,001 related
    Other
    $0 + $22,235 related
    Deferred
    $0 + $109,918 related
    Nontaxable benefits
    $0 + $11,993 related
    Filer's total
    $0 + $528,958 related

  • Brett S McClung

    Former President (AS OF 05.01.21)

    Total calculated
    $1,267,141
    From this org
    $0
    From related orgs
    $1,267,141
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $1,118,000 related
    Bonus
    $0 + $125,000 related
    Other
    $0 + $24,141 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $1,267,141 related

  • Keith A Tickell

    Former Asst. Treasurer (As of 07.25.22)

    Total calculated
    $727,724
    From this org
    $0
    From related orgs
    $698,129
    Other
    $29,595
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $637,865 related
    Bonus
    $0 + $60,239 related
    Other
    $0 + $25 related
    Deferred
    $0 + $14,488 related
    Nontaxable benefits
    $0 + $15,107 related
    Filer's total
    $0 + $727,724 related

  • Scott M Wooten

    Former Asst. Treasurer (As of 12.28.21)

    Total calculated
    $3,559,074
    From this org
    $0
    From related orgs
    $3,556,910
    Other
    $2,164
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $800,065 related
    Bonus
    $0 + $103,047 related
    Other
    $0 + $2,653,798 related
    Deferred
    $0 + $1,793 related
    Nontaxable benefits
    $0 + $371 related
    Filer's total
    $0 + $3,559,074 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 individual received severance payments during calendar year 2022: Brett McClung $1,118,000 and Scott Wooten $784,616. This amount is 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 Baptist Health System Foundation, 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 2022: T. Scott Finnegan $63,919, Deborah Abram $2,046 and G. Scott Baity $99,204. 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). Scott Wooten has vested his SERP benefit during 2022. In addition to Mr. Wooten's yearly compensation of $156,590 ($156,219 taxable compensation and deferred compensation with non-taxable benefits of $371), the total amount of the taxable SERP was also included in his W-2, Box 5 in the amount of $2,617,868, per IRS guidelines. The taxable SERP compensation was paid to Mr. Wooten as a one-time lump sum amount. The SERP amount is reported on Schedule J, Part II, Column (B)(iii) "Other Reportable Compensation on Form 990, Part VII. Any amounts already reported as deferred compensation on a prior Form 990 are reported on Schedule J, Part II, Column (F) "Compensation in Column (B) Reported as Deferred on Prior Form 990."

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

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.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
14 August 2024
IRS schema version
2022v5.0
Source object
202412279349302591

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