Baycare Select Health Plans Inc
- Assets
- $47.8m
- Revenue
- $90.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Clearwater, FL
- Founding
- 08/2018
- Data as of
- 12/2021
- EIN
- 81-0795815
Organization Overview
Baycare Select Health Plans Inc is located in Clearwater, FL. The organization was established in 2018. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baycare Select Health Plans Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Baycare Select Health Plans Inc generated $90.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 36.8% each year . All expenses for the organization totaled $137.1m during the year ending 12/2021. While expenses have increased by 39.1% per year over the past 3 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH OF ALL WE SERVE THROUGH COMMUNITY-OWNED HEALTH CARE THAT SETS THE STANDARD FOR HIGH-QUALITY, COMPASSIONATE CARE AT AFFORDABLE PRICES TO ALL MEMBERS IN THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICARE ADVANTAGE PLANS: BAYCARE SELECT HEALTH PLANS OFFERS MEMBERS HEALTH CARE SERVICES ALONG WITH ADDITIONAL SERVICES INCLUDING DENTAL, VISION, OVER THE COUNTER, AND TRANSPORTATION BENEFITS FOR OUR MEMBERS. BAYCARE EDUCATES HEALTH CARE PROFESSIONALS IN POPULATION HEALTH TO IMPROVE THE CARE OF OUR MEMBERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | Trustee | 1 | $0 |
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 | $90,270,077 |
| Investment income | $3,106 |
| 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 | $90,273,183 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $9,957,246 |
| Fees for services: Legal | $840 |
| Fees for services: Accounting | $422,103 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,517,209 |
| Advertising and promotion | $2,450,747 |
| Office expenses | $1,023,233 |
| Information technology | $37,852 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $21,630 |
| All other expenses | $2,347,975 |
| Total functional expenses | $137,140,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $40,322,440 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,218,910 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,787,175 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $129,705 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $300,000 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $47,758,230 |
| Accounts payable and accrued expenses | $10,509,006 |
| Grants payable | $0 |
| Deferred revenue | $15,450 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,063,953 |
| Total liabilities | $22,588,409 |
| Net assets without donor restrictions | $25,169,821 |
| 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 | $47,758,230 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Avmed Inc Gainesville, FL | $315,740,193 | $800,159,081 |
Florida Hospital Medical Group Inc Maitland, FL | $261,853,637 | $775,240,217 |
Florida Hospital Physician Group Inc Tampa, FL | $40,564,224 | $202,269,880 |
Baycare Select Health Plans Inc Clearwater, FL | $47,758,230 | $90,273,183 |
Sharity Ministries Inc Atlanta, GA | $1,395,232 | $129,043,524 |
Pediatric Specialty Group Inc Miami, FL | $0 | $58,299,031 |
Athens Regional Specialty Services Inc Athens, GA | $28,364,283 | $72,507,816 |
Hamilton Physician Group Inc Dalton, GA | $5,859,770 | $25,048,912 |
Archbold Medical Group Inc Thomasville, GA | $5,272,330 | $16,475,298 |
Alpha & Omega Health Care Providers Huntsville, AL | $43,378 | $327,346 |
Florida Health Maintenance Organization Consumer Assistance Tallahassee, FL | $10,030,216 | $307,982 |
Georgia Medical Group Administrators Inc Cornelia, GA | $132,096 | $270,900 |