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Nonprofiteer
← BAPTIST HEALTH MEDICAL GROUP INC

Form 990 for tax year 2022

Filed by BAPTIST HEALTH MEDICAL GROUP INC.

Totals

Total revenue
$574,657,918
Total expenses
$585,828,765
Contributions and grants received
$289,675,612
Grants paid
$0
Program services expenses (Part IX)
$478,914,281
Management and general expenses
$106,914,484
Fundraising expenses
$0
Program service expenses (Part III)
$478,914,281

Program services were 81.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Adelaide Skoglund

    Director

    Total calculated
    $0
    Hours/week
    2

  • Audra Hill Wallace

    Director

    Total calculated
    $13,729
    From this org
    $0
    From related orgs
    $13,729
    Other
    $0
    Hours/week
    2 + 4 related

  • Bill R Tillett

    Director

    Total calculated
    $35
    From this org
    $0
    From related orgs
    $35
    Other
    $0
    Hours/week
    2 + 6 related

  • CHRISTOPHER WHEELER

    Director

    Total calculated
    $0
    Hours/week
    2 + 6 related

  • Gary Becker

    Director

    Total calculated
    $3,835
    From this org
    $0
    From related orgs
    $3,835
    Other
    $0
    Hours/week
    2 + 2 related

  • J Randolph Millian

    Director

    Total calculated
    $0
    Hours/week
    2

  • J RICHARD DAMRON JR

    Director

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • Lawrence Altschul

    Director

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • Lloyd Wruble DMD

    Director

    Total calculated
    $0
    Hours/week
    2

  • Ralph Lawson

    Director

    Total calculated
    $0
    Hours/week
    2 + 6 related

  • Ramon Oyarzun

    Director - End 10/2022

    Total calculated
    $0
    Hours/week
    2

  • Ramon Rodriguez

    Director

    Total calculated
    $0
    Hours/week
    2

  • Rev William Chambers III

    Director

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • Sixto Ferro

    Director

    Total calculated
    $0
    Hours/week
    2

  • Stanley Shapiro

    Director

    Total calculated
    $0
    Hours/week
    2

  • Steven Litinsky MD MBA

    Director

    Total calculated
    $0
    Hours/week
    2 + 8 related

  • Alan A Gomez

    VP of Finance - MCI & Physician Ops

    Total calculated
    $141,731
    From this org
    $0
    From related orgs
    $115,002
    Other
    $26,729
    Hours/week
    25 + 25 related

  • Bernardo Fernandez

    CEO

    Total calculated
    $832,740
    From this org
    $0
    From related orgs
    $798,277
    Other
    $34,463
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $685,513 related
    Bonus
    $0 + $72,100 related
    Other
    $0 + $40,664 related
    Deferred
    $0 + $6,100 related
    Nontaxable benefits
    $0 + $28,363 related
    Filer's total
    $0 + $832,740 related

  • Edward Garabedian

    COO

    Total calculated
    $520,203
    From this org
    $423,093
    From related orgs
    $0
    Other
    $97,110
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $280,803
    Bonus
    $134,803
    Other
    $7,488
    Deferred
    $75,784
    Nontaxable benefits
    $21,326
    Filer's total
    $520,203

  • Leonard Kalman MD

    Deputy Director Oncology

    Total calculated
    $1,060,318
    From this org
    $0
    From related orgs
    $1,034,256
    Other
    $26,062
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $0 + $935,748 related
    Bonus
    $0 + $90,000 related
    Other
    $0 + $8,508 related
    Deferred
    $0 + $6,100 related
    Nontaxable benefits
    $0 + $19,962 related
    Filer's total
    $0 + $1,060,318 related

  • Panagiotis Mallias

    COO/CAO Clinical Enterprise

    Total calculated
    $725,734
    From this org
    $0
    From related orgs
    $610,629
    Other
    $115,105
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $390,578 related
    Bonus
    $0 + $213,208 related
    Other
    $0 + $6,844 related
    Deferred
    $0 + $74,353 related
    Nontaxable benefits
    $0 + $40,752 related
    Filer's total
    $0 + $725,734 related

  • Harry Michael Salinas

    Physician

    Total calculated
    $1,706,802
    From this org
    $1,668,757
    From related orgs
    $0
    Other
    $38,045
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $815,501
    Bonus
    $852,771
    Other
    $486
    Deferred
    $6,100
    Nontaxable benefits
    $31,945
    Filer's total
    $1,706,802

  • John E Zvijac

    Physician

    Total calculated
    $1,554,631
    From this org
    $1,527,114
    From related orgs
    $0
    Other
    $27,517
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $1,266,478
    Bonus
    $257,071
    Other
    $3,564
    Deferred
    $5,119
    Nontaxable benefits
    $22,397
    Filer's total
    $1,554,630

  • Joseph Thomas McGinn Jr

    Physician

    Total calculated
    $1,883,110
    From this org
    $1,843,715
    From related orgs
    $0
    Other
    $39,395
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $1,489,524
    Bonus
    $350,000
    Other
    $4,191
    Deferred
    $6,100
    Nontaxable benefits
    $33,295
    Filer's total
    $1,883,111

  • Michael W McDermott

    Physician

    Total calculated
    $1,498,814
    From this org
    $1,462,118
    From related orgs
    $0
    Other
    $36,696
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $1,325,465
    Bonus
    $130,000
    Other
    $6,653
    Deferred
    $6,100
    Nontaxable benefits
    $30,596
    Filer's total
    $1,498,813

  • Miguel A Medina

    Physician

    Total calculated
    $1,989,494
    From this org
    $1,950,399
    From related orgs
    $0
    Other
    $39,095
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $814,451
    Bonus
    $1,133,908
    Other
    $2,040
    Deferred
    $6,100
    Nontaxable benefits
    $32,995
    Filer's total
    $1,989,494

  • William G Ulbricht

    Former COO/CAO Clinical Enterprise

    Total calculated
    $1,050,827
    From this org
    $0
    From related orgs
    $960,035
    Other
    $90,792
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $652,667 related
    Bonus
    $0 + $296,539 related
    Other
    $0 + $10,828 related
    Deferred
    $0 + $40,480 related
    Nontaxable benefits
    $0 + $50,313 related
    Filer's total
    $0 + $1,050,827 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 — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a First-class or charter travel
EXECUTIVE COMPENSATION BAPTIST HEALTH EXECUTIVES ARE PROVIDED WITH A COMMON SET OF PERQUISITES THAT ARE TYPICAL OF OTHER RESPONSIBLE NOT-FOR PROFIT ORGANIZATIONS TO ENABLE THEM TO MORE EFFECTIVELY CONDUCT THEIR BUSINESS. THESE BENEFITS ARE DEEMED BY THE COMPENSATION COMMITTEE TO BE APPROPRIATE AND CONSERVATIVE. PERQUISITES ARE GENERALLY LIMITED TO AUTO AND CELL PHONE ALLOWANCES WHICH ARE FULLY TAXABLE TO THE EXECUTIVE. OTHER PERQUISITES PROVIDED TO EXECUTIVES, SUCH AS PAID TIME OFF OR REIMBURSEMENT FOR RELEVANT EDUCATIONAL EXPENSES, ARE OFFERED TO ALL EMPLOYEES IN ACCORDANCE WITH ENTERPRISE-WIDE POLICIES AND PROCEDURES. BUSINESS TRAVEL FOR EXECUTIVES ON COMMERCIAL AIRLINES IS LIMITED TO COACH FARES (AN UPGRADE TO THE NEXT AVAILABLE CLASS OF SERVICE, E.G., BUSINESS CLASS, MAY BE PERMITTED WHEN THE FLIGHT DURATION IS IN EXCESS OF FIVE HOURS OR AN OVERNIGHT ACCOMMODATION CAN BE AVOIDED). CHARTERED PLANE TRAVEL, SPOUSAL TRAVEL, LUXURY RESIDENCES FOR PERSONAL USE, HEALTH, AND PERSONAL SERVICES (SUCH AS MAID, CHAUFFEUR, CHEF, LANDSCAPER) ARE NOT PROVIDED (OR REIMBURSED) TO BAPTIST HEALTH EXECUTIVES. In FY2023, the following employee traveled first class in accordance with the BHSF travel policy. The first class travel benefit was not treated as taxable income to the employee. - Michael W. McDermott - Physician
Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
THE DETERMINATION OF THE COMPENSATION OF THE CEO FOLLOWS THE SAME PROCESS DELINEATED HEREIN. THE BYLAWS OF BAPTIST HEALTH MEDICAL GROUP DELEGATE THE AUTHORITY TO SET EXECUTIVE COMPENSATION TO BHSF. BHSF'S COMPENSATION COMMITTEE IS COMPRISED EXCLUSIVELY OF INDEPENDENT BOARD MEMBERS WHO SERVE VOLUNTARILY WITHOUT ANY REMUNERATION, AND WHO MUST ADHERE TO A STRINGENT CONFLICT OF INTEREST POLICY THAT PRECLUDES THEM OR THEIR FAMILIES FROM DOING BUSINESS WITH BAPTIST HEALTH. THE COMMITTEE IS RESPONSIBLE FOR REVIEWING THE PERFORMANCE AND APPROVING THE COMPENSATION FOR EXECUTIVES. THE TERM "COMPENSATION" INCLUDES SALARIES, BENEFITS AND INCENTIVES. THE COMPENSATION COMMITTEE ANNUALLY ENGAGES A NATIONALLY-RECOGNIZED, INDEPENDENT CONSULTANT TO CONDUCT COMPENSATION SURVEYS AND TO ADVISE THE BOARD ON COMPENSATION POLICIES. THE COMPENSATION COMMITTEE DECISIONS ARE BASED ON THE FOLLOWING: 1. TOTAL COMPENSATION PACKAGE: RECRUITMENT AND RETENTION OF CAPABLE, PRODUCTIVE EXECUTIVES IS ACCOMPLISHED THROUGH DESIGN OF A TOTAL COMPENSATION PACKAGE THAT INCLUDES A BASE SALARY, AT-RISK INCENTIVE PAY, AND BENEFITS. IT IS THE OBJECTIVE OF BAPTIST HEALTH TO ENSURE A CONSISTENT COMPENSATION PHILOSOPHY ACROSS ALL EMPLOYEE AND LEADERSHIP LEVELS THAT REWARDS OUTSTANDING PERFORMANCE USING A CASH PLUS EMPLOYEE BENEFITS PACKAGE TARGETING THE 75TH PERCENTILE. BASE SALARIES OF FULLY PRODUCTIVE EXECUTIVES ARE INDEXED TO THE MEDIAN (50TH PERCENTILE) SALARY PAID BY SIMILAR HEALTHCARE ORGANIZATIONS. INCENTIVE PAY FOR SUPERIOR ACHIEVEMENT PROVIDES THE OPPORTUNITY FOR TOTAL CASH COMPENSATION AT THE 75TH PERCENTILE OF THE EXECUTIVE'S PEER GROUP IF THE EXECUTIVE EXCEEDS HIS/HER PERFORMANCE METRICS. 2. PERFORMANCE-BASED SALARY INCREASES: ONE OF THE KEY ELEMENTS OF BAPTIST HEALTH'S EXECUTIVE COMPENSATION PHILOSOPHY IS "PAY FOR PERFORMANCE." SALARY INCREASES ARE BASED UPON THE DEGREE TO WHICH EACH EXECUTIVE ACHIEVES HIS/HER INDIVIDUAL PERFORMANCE OBJECTIVES FOR THE YEAR, WHICH ARE TIED TO CORPORATE OBJECTIVES. GENERALLY THESE OBJECTIVES RELATE TO CLINICAL QUALITY; PATIENT, PHYSICIAN AND COMMUNITY SATISFACTION; CHARITY CARE AND MISSION GOALS; FINANCIAL PERFORMANCE AND EXPENSE MANAGEMENT. INDIVIDUAL AND GROUP PERFORMANCE AGAINST THESE OBJECTIVES IS REVIEWED BY THE COMPENSATION COMMITTEE AND BOARD OF TRUSTEES ANNUALLY AFTER THE CLOSE OF THE FISCAL YEAR. 3. MARKET-BASED SALARY INCREASES: THE BOARD'S COMPENSATION COMMITTEE REVIEWS THE MARKET VALUE OF EXECUTIVE POSITIONS ANNUALLY TO ASSURE THAT BAPTIST HEALTH'S PAY LEVELS ARE COMPETITIVE. THE INDEPENDENT CONSULTANT, SELECTED BY THE COMPENSATION COMMITTEE, OBTAINS EXECUTIVE SALARY INFORMATION FOR FUNCTIONALLY COMPARABLE POSITIONS AT HEALTHCARE INSTITUTIONS OF COMPARABLE SIZE WITHIN FLORIDA AND THE UNITED STATES. BAPTIST HEALTH'S PEER GROUP IS COMPRISED OF OTHER COMPLEX NOT-FOR-PROFIT HOSPITAL SYSTEMS OF SIMILAR SIZE. THE PEER GROUP DOES NOT INCLUDE FOR-PROFIT HOSPITALS, WHOSE COMPENSATION PRACTICES ARE FAR MORE GENEROUS (AND INCLUDE SUCH THINGS AS STOCK OPTIONS AND EQUITY/OWNERSHIP INTERESTS). 4. NO GUARANTEED SALARY INCREASES: THERE IS NO GUARANTEE OF ANNUAL EXECUTIVE SALARY INCREASES. SALARY INCREASES DEPEND UPON THE ORGANIZATION'S ABILITY TO PAY, THE EXECUTIVE'S SALARY IN RELATION TO THE MARKET, THE EXECUTIVE'S PERFORMANCE LEVEL, AND INTERNAL PAY RELATIONSHIPS TO PEERS. 5. AT-RISK INCENTIVE PAY: KEY EXECUTIVES WHO CONTROL SIGNIFICANT ASSETS OR WHO HAVE A MAJOR IMPACT ON OPERATIONS MAY EARN INCENTIVE PAY. THE PURPOSE OF INCENTIVE PAY IS TO FOCUS EXECUTIVE ACTION ON KEY "PERFORMANCE THRESHOLDS CORPORATE GOALS THAT ARE APPROVED BY THE BOARD'S COMPENSATION COMMITTEE. THE ACHIEVEMENT OF THESE GOALS REQUIRES EXTRAORDINARY EFFORT, COMMITMENT AND ACHIEVEMENT. THE INCENTIVE COMPONENT OF THE EXECUTIVE'S TOTAL COMPENSATION IS VARIABLE AND TOTALLY AT RISK, DEPENDING UPON THE ACHIEVEMENT OF THE AGREED-UPON GOALS. 6. PERQUISITES: BAPTIST HEALTH EXECUTIVES ARE PROVIDED WITH A COMMON SET OF PERQUISITES THAT ARE TYPICAL OF OTHER RESPONSIBLE NOT-FOR-PROFIT ORGANIZATIONS TO ENABLE THEM TO MORE EFFECTIVELY CONDUCT THEIR BUSINESS. THESE BENEFITS ARE DEEMED BY THE COMPENSATION COMMITTEE TO BE APPROPRIATE AND CONSERVATIVE.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
AS PART OF THE BAPTIST HEALTH SOUTH FLORIDA EXECUTIVE BENEFIT PLAN, EXECUTIVES ARE ELIGIBLE TO ALLOCATE A PORTION OF THEIR FLEXIBLE SPENDING ALLOWANCE TO A SUPPLEMENTAL SURVIVOR ACCUMULATION BENEFIT (SSAB) ACCOUNT. THE SSAB IS A LIFE INSURANCE PRODUCT THAT PROVIDES A DEFERRED RETIREMENT BENEFIT FOR THE EXECUTIVE OR A DEATH BENEFIT FOR THE EXECUTIVE'S SURVIVORS. CONTRIBUTIONS TO THE SSAB MAY BE MADE ANNUALLY TO THE PARTICIPANT'S ACCOUNT. ALL CONTRIBUTIONS ACCUMULATE, ALONG WITH INVESTMENT EARNINGS, FOR THE PERIOD THE EXECUTIVE PARTICIPATES. THE EXECUTIVE DOES NOT HAVE ACCESS TO THE CONTRIBUTIONS MADE OR THE RELATED INVESTMENT INCOME, ALL OF WHICH IS SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE. PURSUANT TO THE SSAB PLAN GUIDELINES, THIS BENEFIT IS TERMINATED UPON AN EXECUTIVE REACHING AGE 65. HOWEVER, PAYMENT CAN BE DEFERRED TO A DATE AT LEAST TWO YEARS AFTER REACHING AGE 65 BUT NO LATER THAN 68. AT THAT TIME THE ENTIRE AMOUNT ACCUMULATED IS PAID OUT IN A LUMP SUM.
Schedule J, Part I, Line 7 Non-fixed payments
KEY EXECUTIVES WHO CONTROL SIGNIFICANT ASSETS OR WHO HAVE A MAJOR IMPACT ON OPERATIONS MAY EARN INCENTIVE PAY, CAPPED AT A PRE-DETERMINED PERCENTAGE OF THE EXECUTIVE'S BASE SALARY. THE PURPOSE OF INCENTIVE PAY IS TO FOCUS EXECUTIVE ACTION ON KEY "PERFORMANCE THRESHOLDS CORPORATE GOALS THAT ARE APPROVED BY THE BOARD'S COMPENSATION COMMITTEE. THE ACHIEVEMENT OF THESE GOALS REQUIRES EXTRAORDINARY EFFORT, COMMITMENT AND ACHIEVEMENT. THE INCENTIVE COMPONENT OF THE EXECUTIVE'S TOTAL COMPENSATION IS VARIABLE AND TOTALLY AT RISK, DEPENDING UPON THE ACHIEVEMENT OF THE AGREED-UPON GOALS.
Schedule J, Part II, Column (B)(ii) Executive Compensation
ALL EXECUTIVE COMPENSATION IS REVIEWED AND APPROVED ANNUALLY BY THE COMPENSATION COMMITTEE, WHICH IS COMPRISED OF INDEPENDENT UNCOMPENSATED MEMBERS OF THE BOARD OF TRUSTEES WHO HAVE CERTIFIED THAT THEY HAVE NO CONFLICT OF INTEREST WITH THE ORGANIZATION. REPORTABLE COMPENSATION INCLUDES BASE SALARY AS WELL AS PAYMENTS UNDER A FORMAL INCENTIVE PLAN, WHICH REWARDS SUCCESSFUL ACHIEVEMENT OF QUALITY, MISSION, CHARITY CARE, AND FINANCIAL CORPORATE OBJECTIVES.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
13 August 2024
IRS schema version
2022v5.0
Source object
202432269349300963

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

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