Baylor Scott & White Holdings is located in Dallas, TX. The organization was established in 2013. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2021, Baylor Scott & White Holdings employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baylor Scott & White Holdings is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Baylor Scott & White Holdings generated $86.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 61.3% each year . All expenses for the organization totaled $139.6m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FAITH BASED SUPPORTING ORGANIZATION SERVING AS THE PARENT CORPORATION TO A NETWORK OF ACUTE CARE HOSPITALS AND RELATED HEALTH CARE ENTITIES THAT PROVIDE PATIENT CARE, MEDICAL EDUCATION, MEDICAL RESEARCH AND COMMUNITY SERVICES.
Describe the Organization's Program Activity:
SEE SCHEDULE OBAYLOR SCOTT & WHITE HOLDINGS (BSW HOLDINGS) SERVES AS THE ULTIMATE PARENT CORPORATION AND PROVIDES THE OVERALL GOVERNANCE, STRATEGIC PLANNING AND RELATED SERVICES FOR THE BAYLOR SCOTT & WHITE HEALTH SYSTEM (BSWH). BSWH IS A NONPROFIT, FAITH-BASED NATIONALLY ACCLAIMED NETWORK OF ACUTE CARE HOSPITALS AND RELATED HEALTH CARE ENTITIES PROVIDING QUALITY PATIENT CARE, MEDICAL EDUCATION, MEDICAL RESEARCH AND OTHER COMMUNITY SERVICES TO THE RESIDENTS OF NORTH AND CENTRAL TEXAS. AS THE LARGEST NOT-FOR-PROFIT HEALTH CARE SYSTEM IN TEXAS AND ONE OF THE LARGEST IN THE UNITED STATES, BSWH WAS BORN FROM THE 2013 COMBINATION OF BAYLOR HEALTH CARE SYSTEM AND SCOTT & WHITE HEALTHCARE. TODAY, BSWH HAS OVER 1,100 PATIENT ACCESS POINTS INCLUDING 51 HOSPITALS, 561 SPECIALTY CARE CLINICS, 195 OUTPATIENT CLINICS, 160 PRIMARY CARE CLINICS, 32 PHARMACIES, 29 AMBULATORY SURGERY CENTERS, AND MORE THAN 7,300 ACTIVE PHYSICIANS. THE SYSTEM ALSO INCLUDES A STATE CERTIFIED HEALTH MAINTENANCE ORGANIZATION, THE SCOTT AND WHITE HEALTH PLAN AND THE BAYLOR SCOTT & WHITE QUALITY ALLIANCE ACCOUNTABLE CARE ORGANIZATION BOTH COVERING OVER 983,000 LIVES. BSW HOLDINGS' GOVERNING BODY IS COMPRISED OF INDEPENDENT VOLUNTEER COMMUNITY REPRESENTATIVES WHO PROVIDE LEADERSHIP AND GOVERNANCE TO BSWH. THE MEMBERS OF THE GOVERNING BODY CONTRIBUTE THEIR WISDOM, INSIGHTS AND EXPERTISE TO ENSURE THAT BSWH IS FULFILLING ITS MISSION AND CHARITABLE PURPOSE WHILE PROVIDING EFFICIENT ADMINISTRATIVE SUPPORT SERVICES AND DIRECTION TO AFFILIATES OF BSWH. FOUNDED AS A CHRISTIAN MINISTRY OF HEALING, BAYLOR SCOTT & WHITE HEALTH PROMOTES THE WELL-BEING OF ALL INDIVIDUALS, FAMILIES AND COMMUNITIES. BSWH IS COMMITTED TO OFFERING ACCESS TO QUALITY HEALTH CARE INCLUDING FREE OR DISCOUNTED HEALTH CARE TO THE INDIGENT AND UNDERSERVED POPULATION THROUGH ITS AFFILIATED HEALTH CARE PROVIDERS. AS PART OF ITS CHARITABLE MISSION, BSWH'S NONPROFIT HOSPITALS PROVIDED COMMUNITY BENEFITS (AS REPORTED TO THE TEXAS DEPARTMENT OF STATE HEALTH SERVICES AND IN ACCORDANCE WITH THE STATE OF TEXAS STATUTORY METHODOLOGY) OF $930 MILLION WHICH INCLUDES THE UNREIMBURSED COST OF CHARITY CARE, MEDICAID, MEDICARE AND OTHER COMMUNITY BENEFITS. BSWH'S NONPROFIT HOSPITALS PROVIDED COMMUNITY BENEFITS (AS REPORTED ON FORM 990, SCHEDULE H) OF $534 MILLION DURING THE TAX YEAR, WHICH INCLUDED THE UNREIMBURSED COST OF CHARITY CARE, MEDICAID AND OTHER COMMUNITY BENEFITS, BUT EXCLUDES MEDICARE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Hinton Trustee/ceo | OfficerTrustee | 40 | $4,333,676 |
Gary Brock Former Key Employee | 40 | $2,562,466 | |
Peter Mccanna President | Officer | 40 | $2,422,721 |
Laura Irvine Evp Chief Netwrk Strat Officer | Officer | 40 | $1,776,178 |
John Mcwhorter Evp COO (thru 7/30/20) | Officer | 40 | $1,594,164 |
Penny Cermak Treasurer/evp CFO (thru 11/2/20) | Officer | 40 | $1,357,352 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Bain And Company Inc Professional Fees | 6/29/21 | $725,000 |
Ecg Management Cosultants Inc Professional Fees | 6/29/21 | $1,189,464 |
Everest Group Professional Fees | 6/29/21 | $5,033,958 |
Gist Healthcare Inc Professional Fees | 6/29/21 | $250,000 |
Russell Reynolds Associates Professional Fees | 6/29/21 | $240,073 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $34,715 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $34,715 |
Total Program Service Revenue | $49,657,826 |
Investment income | $26,193,733 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $10,489,771 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $86,376,045 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $20,060,729 |
Compensation of current officers, directors, key employees. | $20,060,729 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $18,595,733 |
Pension plan accruals and contributions | $145,023 |
Other employee benefits | $947,020 |
Payroll taxes | $563,818 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,820,081 |
Advertising and promotion | $17,084 |
Office expenses | $893,822 |
Information technology | $106,229 |
Royalties | $0 |
Occupancy | $130,679 |
Travel | $17,294 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $253,323 |
Interest | $91,001,280 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $10,288 |
Insurance | $5,307 |
All other expenses | $8,897 |
Total functional expenses | $139,625,208 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $532,395,706 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $46,353,263 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $184,415 |
Net Land, buildings, and equipment | $2,562 |
Investments—publicly traded securities | $4,665,400,783 |
Investments—other securities | $1,008,002,274 |
Investments—program-related | $2,289,008,842 |
Intangible assets | $0 |
Other assets | $8,203,807 |
Total assets | $8,549,551,652 |
Accounts payable and accrued expenses | $38,664,600 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $941,782,432 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $2,588,187,044 |
Other liabilities | $4,935,021,709 |
Total liabilities | $8,503,655,785 |
Net assets without donor restrictions | $45,895,867 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $8,549,551,652 |
Over the last fiscal year, we have identified 1 grants that Baylor Scott & White Holdings has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Christus Health Irving, TX | $2,730,342,875 | $1,012,200,002 |
Christus Spohn Health System Corporation Corpus Christi, TX | $773,059,009 | $811,978,988 |
Texas Health Resources Arlington, TX | $9,455,761,477 | $1,385,584,603 |
Texas Health Presbyterian Hospital Dallas Dallas, TX | $387,904,806 | $734,427,903 |
Integris Health Inc Oklahoma City, OK | $2,892,749,612 | $350,408,586 |
Christus Health Ark-La-Tex Texarkana, TX | $179,097,861 | $355,246,256 |
Franciscan Missionaries Of Our Lady Health System Inc Baton Rouge, LA | $2,901,002,958 | $303,834,510 |
Etx Successor System Tyler, TX | $6,821,008 | $298,468,898 |
Cook Childrens Health Care System Fort Worth, TX | $553,188,226 | $282,162,573 |
U T Physicians Houston, TX | $171,459,158 | $179,232,757 |
Baylor Health Care System Dallas, TX | $1,894,322,378 | $92,084,572 |
Baylor Scott & White Holdings Dallas, TX | $8,549,551,652 | $86,376,045 |