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Nonprofiteer
← BAYCARE PASCO INC

Form 990 for tax year 2024

Filed by BAYCARE PASCO INC.

Totals

Total revenue
$86,362,646
Total expenses
$96,064,980
Contributions and grants received
$0
Grants paid
$390,925
Program service revenue
$85,996,234
Investment income
$0
Other revenue
$366,412
Total assets, end of year
$203,994,646
Total liabilities, end of year
$238,214,884
Net assets or fund balances, end of year
-$34,220,238
Program services expenses (Part IX)
$84,195,495
Management and general expenses
$11,869,485
Fundraising expenses
$0
Program service expenses (Part III)
$84,195,495

Program services were 87.6% 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.

  • 2a · Program service revenue: Patient Service Revenue

    total $84,960,739 · related or exempt $84,960,739

  • 2b · Program service revenue: RENTAL INCOME FROM AFFILIATES

    total $1,035,495 · related or exempt $1,035,495

  • 2f · All other program service revenue

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

  • 6a · Gross rents

    real property $15,838

  • 6c · Rental income or loss

    real property $15,838 · personal property $0

  • 6d · Net rental income or loss

    total $15,838 · excluded $15,838

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: Cafeteria

    total $349,600 · excluded $349,600

  • 11b · Other revenue: MISCELLANEOUS REVENUE

    total $974 · related or exempt -$9,145 · unrelated business $10,119

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $350,574

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $390,925 · program services $390,925

  • 5 · Compensation of officers, directors and key employees

    total $596,610 · management and general $596,610

  • 7 · Other salaries and wages

    total $28,326,584 · program services $27,697,209 · management and general $629,375

  • 8 · Pension plan contributions

    total $849,986 · program services $831,395 · management and general $18,591

  • 9 · Other employee benefits

    total $2,412,568 · program services $2,359,482 · management and general $53,086

  • 10 · Payroll taxes

    total $2,059,731 · program services $1,987,050 · management and general $72,681

  • 11b · Fees: legal

    total $1,645 · management and general $1,645

  • 11g · Fees: other

    total $16,402,851 · program services $7,431,619 · management and general $8,971,232 · fundraising $0

  • 12 · Advertising and promotion

    total $26,675 · program services $23,897 · management and general $2,778

  • 13 · Office expenses

    total $1,794,507 · program services $1,746,754 · management and general $47,753

  • 14 · Information technology

    total $312,528 · program services $242,756 · management and general $69,772

  • 16 · Occupancy

    total $3,250,530 · program services $2,937,821 · management and general $312,709

  • 17 · Travel

    total $30,782 · program services $29,845 · management and general $937

  • 20 · Interest

    total $4,118,412 · program services $4,118,412

  • 22 · Depreciation, depletion and amortization

    total $17,953,354 · program services $17,647,685 · management and general $305,669

  • 23 · Insurance

    total $1,197,852 · program services $1,197,852

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $9,780,779 · program services $9,765,737 · management and general $15,042

  • 24b · Other expenses: Repairs & Maintenance

    total $2,893,233 · program services $2,867,101 · management and general $26,132

  • 24c · Other expenses: Physician FEES

    total $1,890,554 · program services $1,890,554

  • 24d · Other expenses: Bad Debts

    total $23,976 · program services $23,976

  • 24e · All other expenses

    total $1,750,898 · program services $1,005,425 · management and general $745,473 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $77,718 · end of year $114,068

  • 4 · Accounts receivable

    beginning of year $8,426,171 · end of year $8,413,332

  • 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 $4,604 · end of year $4,837

  • 8 · Inventories for sale or use

    beginning of year $2,750,466 · end of year $2,882,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $256,502 · end of year $239,790

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

    $220,516,005

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

    $28,177,538

  • 10c · Land, buildings and equipment, net

    beginning of year $193,470,379 · end of year $192,338,467

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $2,152

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,885,312 · end of year $4,394,824

  • 18 · Grants payable

    end of year $0

  • 19 · Deferred revenue

    beginning of year $41,550 · end of year $47,275

  • 20 · Tax-exempt bond liabilities

    end of year $0

  • 21 · Escrow or custodial account liability

    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

    end of year $0

  • 24 · Unsecured notes and loans payable

    end of year $0

  • 25 · Other liabilities

    beginning of year $225,576,882 · end of year $233,772,785

  • 27 · Net assets without donor restrictions

    beginning of year -$24,517,904 · end of year -$34,220,238

  • 28 · Net assets with donor restrictions

    end of year $0

Mission and programs · 2024

Mission

To improve the health of all we serve through community-owned health care services that set the standard for high-quality, compassionate care. AS a part of BayCare Health System, BayCare Hospital Wesley Chapel is the best place to work, receive and provide care. We are powered by an extraordinary team that delivers quality, drives innovation and embraces inclusivity.

Activities or mission (Part I)

To improve the health of all we serve through community-owned health care services that set the standard for high-quality, compassionate care.

  • BayCare Hospital Wesley Chapel (BHWC) opened its doors in March 2023 and is excited to join the neighborhood as Pasco County's newest, state-of-the-art community hospital. BHWC's 86-bed facility provides comprehensive health care services for patients and their families. At BayCare Hospital Wesley Chapel, patients always receive the very best compassionate care, close to home. Through efforts of the medical assistance program and the hospital's charity care program, BHWC saw a net community benefit expense totaling over $8.4 Million IN 2024. The hospital also provided other community services totaling $2.9 Million. Refer to schedule h for additional information.

    Expenses $84,195,495 · Grants $390,925 · Revenue $85,987,089

As filed on the 2024 return.

Listed in Part VII

  • Dewey Mitchell

    TRUSTEE/CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Hope Kennedy

    TRUSTEE/SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Kimberly Guy

    TRUSTEE/President/CHIEF OPERATING OFFICER

    Total calculated
    $1,198,137
    From this org
    $0
    From related orgs
    $1,096,497
    Other
    $101,640
    Hours/week
    5 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $642,798 related
    Bonus
    $0 + $309,976 related
    Other
    $0 + $143,723 related
    Deferred
    $0 + $66,991 related
    Nontaxable benefits
    $0 + $34,649 related
    Filer's total
    $0 + $1,198,137 related

  • Mark McBride

    TRUSTEE/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Adrienne Hymes

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Kari Whaley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michael Alvarez

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Robyn Ostrem

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ryan Fink

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Terry Schrader

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ronald Beamon

    VP, CFO BAYCARE HOSP DIV

    Total calculated
    $975,683
    From this org
    $0
    From related orgs
    $869,572
    Other
    $106,111
    Hours/week
    1 + 47 related

    Schedule J breakdown matched by us

    Base
    $0 + $435,755 related
    Bonus
    $0 + $144,361 related
    Other
    $0 + $289,456 related
    Deferred
    $0 + $68,818 related
    Nontaxable benefits
    $0 + $37,293 related
    Filer's total
    $0 + $975,683 related

  • Rebecca Schulkowski

    PRESIDENT BAYCARE HOSPITAL WESLEY CHAPEL

    Total calculated
    $596,610
    From this org
    $568,391
    From related orgs
    $0
    Other
    $28,219
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $161,779
    Bonus
    $81,296
    Other
    $325,316
    Deferred
    $3,558
    Nontaxable benefits
    $24,661
    Filer's total
    $596,610

  • Bethany Wells

    DIRECTOR PATIENT SVCS - WESLEY CHAPEL

    Total calculated
    $215,380
    From this org
    $170,661
    From related orgs
    $0
    Other
    $44,719
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $143,393
    Bonus
    $20,765
    Other
    $6,503
    Deferred
    $6,083
    Nontaxable benefits
    $38,636
    Filer's total
    $215,380

  • Markus Calabro

    ADMINISTRATOR ON DUTY

    Total calculated
    $176,932
    From this org
    $156,705
    From related orgs
    $0
    Other
    $20,227
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $152,490
    Bonus
    $4,170
    Other
    $45
    Deferred
    $7,924
    Nontaxable benefits
    $12,303
    Filer's total
    $176,932

  • Michael Ruble

    PHARMACY CLINICAL COORD

    Total calculated
    $205,588
    From this org
    $169,913
    From related orgs
    $0
    Other
    $35,675
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $167,518
    Bonus
    $2,120
    Other
    $275
    Deferred
    $8,756
    Nontaxable benefits
    $26,919
    Filer's total
    $205,588

  • Nicole Correll

    CLINICAL PHARMACIST

    Total calculated
    $186,578
    From this org
    $152,339
    From related orgs
    $0
    Other
    $34,239
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $148,020
    Bonus
    $620
    Other
    $3,699
    Deferred
    $7,780
    Nontaxable benefits
    $26,459
    Filer's total
    $186,578

  • William Sedey

    DIRECTOR OPERATIONS - WESLEY CHAPEL

    Total calculated
    $201,402
    From this org
    $172,757
    From related orgs
    $0
    Other
    $28,645
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $149,592
    Bonus
    $17,750
    Other
    $5,415
    Deferred
    $8,148
    Nontaxable benefits
    $20,497
    Filer's total
    $201,402

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
The filing organization does not use any of the options listed in Schedule J, Part I, Line 3 to establish the compensation of the CEO/Executive Director. However, the related organization, BayCare Health System Inc, uses Compensation committee, Independent compensation consultant, Written employment contract, Compensation survey or study and Approval by the board or compensation committee as a means to establish compensation of the CEO (or COO) of the filing organization.
Schedule J, Part I, Line 4a Severance or change-of-control payment
Rebecca Schulkowski received a severance payment in the amount of $243,131 during 2024.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
BayCare Health System provides two nonqualified deferred compensation plans to executive level employees: Executive Nonqualified Defined Contribution Plan The plan provides for annual credits of a specified percentage of an eligible participant's eligible compensation paid in a plan year and interest credits. Plan participants vest in increasing percentages based on years of service. Further, a participant shall become fully vested upon the participant's death, total and permanent disability or due to involuntary separation of employment other than for cause, or upon reaching retirement age. Payments made during employment are made for required tax withholding and reduce the participant's account balance. Distribution of the vested account balance occurs upon termination of employment. The plan is frozen for the participants hired after 1.1.2018. Supplemental Executive Retirement Plan The plan provides for annual credits to the participant's company contribution account of a specified percentage of an eligible participant's eligible compensation paid in a plan year and investment income credits. Plan participants vest on January 1 of the fifth Plan Year following the Plan Year for which the contribution was made. Further, a participant shall become fully vested upon the participant's death, total and permanent disability or due to involuntary separation of employment other than for cause, or upon reaching retirement age. Distribution of the vested amounts shall be made no later than the earlier of 90 days following the date the amounts become vested or the March 15th following the Plan Year in which the participant became vested. Amounts accrued, vested and distributed for plan participants are provided below. Kimberly Guy - Participated in a supplemental nonqualified deferred compensation plan. She had $110,168 in benefits vest in 2024. This amount is included in Part II (B)(iii) Other compensation. The plan made cash distribution of $43,351 in 2024. Ronald Beamon - Participated in a supplemental nonqualified deferred compensation plan. He had $269,867 in benefits vest in 2024. This amount is included in Part II (B)(iii) Other compensation. He had $51,568 of nonvested benefits accrue during 2024. This amount is included in Part II (C) Retirement and other deferred compensation. The plan made cash distribution of $269,867 in 2024.

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

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.

Related partnerships

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

  • CARILLON SURGERY CENTER

    N/A · Surgery Center · FL

    Directly controlled by NA

  • BayCare Purchasing Partners LLC

    Related · Group Purchasing · FL · 1.33% owned · share of income $185,470 · share of assets $183,172

    Directly controlled by BCHS

  • BayCare Surgery Center LLC

    N/A · Surgery Center · FL

    Directly controlled by NA

  • Tampa Minimally Invasive Spine Surgery Center LLC

    N/A · Surgery Center · FL

    Directly controlled by NA

Related corporations and trusts

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

  • Bay Linen Inc

    C Corporation · Laundry Services · FL

    Directly controlled by NA

  • BCHS Insurance Ltd

    C Corporation · Insurance Captive · CJ

    Directly controlled by NA

  • GLOBAL HEALTH CARE INC

    C Corporation · HEALTH SERVICES · FL

    Directly controlled by NA

  • HEALTHPOINT MEDICAL GROUP INC

    C Corporation · Holding Company · FL

    Directly controlled by NA

  • Medspecialists Inc

    C Corporation · Payroll Services · FL

    Directly controlled by NA

  • MFP INC

    C Corporation · COLLECTIONS · FL

    Directly controlled by NA

  • MORTON PLANT HEALTH VENTURES INC

    C Corporation · HEALTH SERVICES · FL

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.1
Source object
202533159349306058

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