Baycare Home Care Inc
- Assets
- $69.1m
- Revenue
- $205.3m
- Investments
- $0.0
- Employees
- 1,694
- Location
- Largo, FL
- Founding
- 07/2001
- Data as of
- 12/2020
- EIN
- 59-3582520
Organization Overview
Baycare Home Care Inc is located in Largo, FL. The organization was established in 2001. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Baycare Home Care Inc employed 1,694 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baycare Home Care Inc 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 12/2020, Baycare Home Care Inc generated $205.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $194.3m during the year ending 12/2020. While expenses have increased by 2.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
BAYCARE HOME CARE, INC. WILL IMPROVE THE HEALTH OF ALL WE SERVE THROUGH COMMUNITY-OWNED HEALTH CARE SERVICES THAT SET THE STANDARD FOR HIGH-QUALITY, COMPASSIONATE CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BAYCARE HOME CARE, INC. IS A NOT-FOR-PROFIT CORPORATION THAT PROVIDES A COMPLETE RANGE OF HOME HEALTH SERVICES, UNDER PHYSICIAN ORDER, TO PERSONS IN NEED OF CARE WHO ARE HOMEBOUND IN THEIR PLACE OF RESIDENCE. THE SERVICES DELIVERED TO THE APPLICANT ARE PERFORMED BY REGISTERED NURSES, REGISTERED PHYSICAL THERAPISTS, MEDICAL SOCIAL WORKERS, HOME HEALTH AIDS, AND HOMEMAKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee/cfo Sarasota Memorial Hosp | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Care Team Inc Medical Services | 12/30/21 | $970,636 |
United Parcel Service Shipping | 12/30/21 | $428,062 |
Insulet Corp Medical Services | 12/30/21 | $416,220 |
Tandem Diabetes Care Inc Medical Services | 12/30/21 | $372,735 |
Ppm Fulfillment Llc Freight Services | 12/30/21 | $315,998 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,853,769 |
| Investment income | $49,207 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,327 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $205,252,484 |
| Statement of Expenses | |
|---|---|
| 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. | $1,569,410 |
| Compensation to disqualified persons | $60,138 |
| Other salaries and wages | $81,992,667 |
| Pension plan accruals and contributions | $3,400,379 |
| Other employee benefits | $12,165,415 |
| Payroll taxes | $5,868,809 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $2,154 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,768,408 |
| Advertising and promotion | $24,677 |
| Office expenses | $3,773,961 |
| Information technology | $961,364 |
| Royalties | $0 |
| Occupancy | $2,660,007 |
| Travel | $2,035,225 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,463 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,172,221 |
| Insurance | $1,404,897 |
| All other expenses | $0 |
| Total functional expenses | $194,252,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,471,573 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,476,068 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,715,930 |
| Prepaid expenses and deferred charges | $75,490 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $100 |
| Intangible assets | $0 |
| Other assets | $11,545 |
| Total assets | $69,140,138 |
| Accounts payable and accrued expenses | $9,681,862 |
| Grants payable | $0 |
| Deferred revenue | $2,986,003 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,232,179 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,696,924 |
| Total liabilities | $32,596,968 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $36,543,170 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Baycare Home Care Inc has recieved totaling $189,674.
| Awarding Organization | Amount |
|---|---|
Area Agency On Aging Of Pasco-Pinellas Inc St Petersburg, FL PURPOSE: HOMEMAKER | $189,674 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baycare Home Care Inc Largo, FL | $69,140,138 | $205,252,484 |
Morselife Home Care Inc West Palm Beach, FL | $27,463,868 | $81,547,047 |
Lifepath Hospice Inc Temple Terrace, FL | $26,713,137 | $78,257,695 |
Visiting Nurse Health System Inc Atlanta, GA | $13,153,913 | $39,375,626 |
Visiting Nurse Association Of Florida Inc Stuart, FL | $21,611,123 | $33,324,154 |
United Home Care Services Inc Miami, FL | $13,477,949 | $31,856,953 |
Patient Business & Financial Services Inc Daytona Beach, FL | $0 | $23,734,073 |
Vna Hospice Of Indian River County Inc Vero Beach, FL | $12,034,382 | $15,330,911 |
Visiting Nurse Association Of The Treasure Coast Inc Vero Beach, FL | $5,261,799 | $19,481,405 |
Visiting Nurse Association Of Indian River County Inc Vero Beach, FL | $1,262,114 | $11,055,720 |
Masada Home Care Inc Miami, FL | $4,929,292 | $10,155,063 |
Sjc Home Health Services Inc Savannah, GA | $1,827,558 | $8,843,081 |