Baylor Health Care Systems Employee Welfare Benefit Trust

Organization Overview

Baylor Health Care Systems Employee Welfare Benefit Trust is located in Dallas, TX. The organization was established in 2001. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baylor Health Care Systems Employee Welfare Benefit Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2023, Baylor Health Care Systems Employee Welfare Benefit Trust generated $677.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $684.0m during the year ending 12/2023. While expenses have increased by 12.6% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDES EMPLOYEE BENEFITS TO EMPLOYEES OF BAYLOR SCOTT & WHITE HEALTH AND ITS AFFILIATES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES HEALTHCARE, SURVIVOR AND DISABILITY, AND OTHER BENEFITS TO EMPLOYEES OF BAYLOR SCOTT & WHITE HEALTH AND ITS AFFILIATES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Baylor Scott & White Health Enterprises
Pharmacy
$100,912,440
Unitedhealth Group (Dba Optum Rx)
Pbm
$58,859,192
Scott & White Memorial Hospital
Medical Services
$52,476,283
Scott & White Clinic
Medical Services
$39,939,230
Scott And White Health Plan
Administration
$27,125,441
View All Vendors

Financial Statements

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$676,380,003
Investment income $1,003,728
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $677,383,731

Peer Organizations

Organization NameAssets
Baylor Health Care Systems Employee Welfare Benefit Trust
Dallas, TX
$677,383,731
Bp Corporation North America Inc Veba Master Trust
Houston, TX
$421,074,334
Schlumberger Master Health Care Trust
Houston, TX
$168,127,522
Bank Of Amercia Retiree Group Benefits Program
Dallas, TX
$198,807,855
Kohls Department Stores Inc Health And Welfare Benefits Trust
Dallas, TX
$193,773,801
T I Employees Health Benefits Trust
Dallas, TX
$193,862,509
Bank Of America Short-Term Disability Plan Trust
Dallas, TX
$119,071,395
Ibew-Neca Southwestern Health Benefit Fund
Dallas, TX
$95,474,599
Citgo Employees Benefit Trust
Tulsa, OK
$98,130,215
Louisiana Sheriffs Association Group Benefits Tr
Baton Rouge, LA
$81,338,259
Fluor Employee Benefit Trust-Veba
Irving, TX
$61,432,436
Medical And Life Benefits Plan Tr For Hourly Retirees
Plano, TX
$41,459,694
Bellsouth Corporation Rfa Life Veba Trust
Dallas, TX
$172,806,030
Pipeline Industry Benefit Fund
Tulsa, OK
$44,150,642
Hensel Phelps Construction Co Employee Benefit Tr
Dallas, TX
$49,045,783
Allied Pilots Association Welfare Benefits Master Trust
Fort Worth, TX
$36,519,563
Texas Pipe Trades Health Benefit Fund
Richardson, TX
$45,000,190
Toyota Motor Sales Usa Inc Post-Retirement Medical Trust
Plano, TX
$36,768,181
Ti Retiree Welfare Benefit Trust No 6
Dallas, TX
$11,012,912
Oklahoma City Firefighters Health And Welfare Trust Veba
Oklahoma City, OK
$28,096,034
Texas Operators Association
Houston, TX
$28,367,430
Aramco US Welfare Benefit Plan Trust
Houston, TX
$28,235,247
Public Service Company Benefit Trust
Albuquerque, NM
$26,710,636
Washington Regional Medical System Welfare Benefit Plan
Fayetteville, AR
$27,144,530
Ti Retiree Welfare Benefit Trust No 7
Dallas, TX
$3,291,801

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