Baycare Health Systems Inc
91% goes to programs $0 to raise $100 Strong reserves Growing revenue
Baycare Health Systems Inc is a 501(c)(3) organization based in Clearwater, Florida, registered in 1987, with $1,605,385,449 in FY2024 revenue. CharityIndex grades it A, and it directs about 91% of spending to programs.
2985 Drew St, Clearwater, FL, 33759 EIN 59-2796965 Since 1987
Revenue (FY2024)
$1.6B
▲ 58.0% vs prior year
Health median: $840K
Expenses (FY2024)
$835.2M
Net assets
$6.9B
Employees
8,197
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating91% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Baycare Health Systems Inc: 91% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating100 mo reserves · +48% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Baycare Health Systems Inc: 100 mo reserves · +48% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Baycare Health Systems Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Baycare Health Systems Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Baycare health system, inc. will improve the health of all we serve through community-owned health care services that set the standard for high-quality, compassionate care.
Contact & location
- Address
- 2985 Drew St, Clearwater, FL, 33759
- City
- Clearwater
- State
- Florida
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $475.4M (FY2013) to $1.6B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $9.1BNet assets $6.9B
Operating margin
48.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$16.0B
Total liabilities
$9.1B
Net assets
$6.9B
Salaries & benefits
$484.2M
58% of expenses
Board members
21
20 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,605,385,449▲58.0% | $835,172,844▲13.3% | $6,929,403,445▲327% | $16,024,272,637▲88.2% | 990 |
| 2023 | $1,016,136,880▲25.5% | $736,877,354▲9.8% | $1,623,885,525▲10.3% | $8,514,386,918▲7.8% | 990 |
| 2022 | $809,989,109▼29.2% | $671,167,632▲3.3% | $1,472,422,735▲15.6% | $7,895,171,196▼9.5% | 990 |
| 2021 | $1,143,303,420▲43.0% | $649,817,463▲7.9% | $1,273,804,646▲14.2% | $8,728,312,613▲11.3% | 990 |
| 2020 | $799,519,554▼2.3% | $601,976,441▲2.0% | $1,115,267,340▲3.5% | $7,843,380,754▲26.0% | 990 |
| 2019 | $818,608,318▲15.9% | $590,237,264▲8.3% | $1,077,145,297▲6.1% | $6,226,593,311▲22.6% | 990 |
| 2018 | $706,339,259▼7.6% | $544,787,339▲8.5% | $1,015,531,648▲14.8% | $5,078,766,568▲4.6% | 990 |
| 2017 | $764,431,201▲46.9% | $502,317,643▲13.5% | $884,303,830▲23.5% | $4,853,850,458▲16.9% | 990 |
| 2016 | $520,513,299▲4.1% | $442,597,235▲19.4% | $716,127,849▲61.4% | $4,153,317,598▲19.0% | 990 |
| 2015 | $499,834,403▲7.7% | $370,680,287▲23.4% | $443,660,655▲47.6% | $3,489,033,561▲8.6% | 990 |
| 2014 | $463,977,247▼2.4% | $300,361,156▲34.8% | $300,556,555▼0.8% | $3,212,571,344▲12.3% | 990 |
| 2013 | $475,378,539 | $222,887,891▲12.0% | $302,937,892▲202% | $2,861,054,687▲19.7% | 990 |
| 2012 | — | $199,019,429▼0.4% | $100,364,240▲7.3% | $2,389,987,222▲134% | 990 |
| 2011 | — | $199,788,581▲2.6% | $93,547,083▲105% | $1,020,443,835▲4.9% | 990 |
| 2010 | — | $194,682,398 | $45,643,772 | $973,108,631 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Stephanie Conners — $2,488,756 (0.30% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Stephanie Conners | President & Ceo Baycare | 45 | $2,488,756 |
| Janice Polo | Evp, Cfo Baycare | 45 | $2,117,618 |
| Tim Thompson | Chief Administrative Officer | 45 | $1,251,188 |
| William Walders | Svp Information Services | 45 | $1,185,829 |
| Sowmya Viswanathan | Chief Physician Executive | 45 | $1,168,347 |
| Kimberly Guy | Co-chief Operating Officer | 10 | $1,096,497 |
| Louis Galdieri | Co-chief Operating Officer | 6 | $1,092,711 |
| Kyle Barr | Chief Team Resources Officer | 45 | $1,083,089 |
| Jennifer Touse | Chief Legal Officer | 45 | $971,365 |
| Edward Rafalski | Chief Strategy & Marketing Officer | 45 | $882,359 |
| Breanda Goralski | Vp Applications | 45 | $292,876 |
| Lynnette Clinton | Chief Information Officer | 45 | $221,697 |
| Glenn Waters | Former Evp, Coo Baycare | 0 | $213,824 |
| Alan Bomstein | Trustee | 1 | — |
| Andy Burwell | Trustee | 1 | — |
| Benjamin Damsker | Trustee | 1 | — |
| Cathy Swanson | Trustee | 1 | — |
| Charles Osterholt | Trustee/secretary/treasurer | 1 | — |
| Gay Lancaster | Trustee | 1 | — |
| Hugh Campbell | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Cerner Corporation | Software | $32,609,277 |
| Gresham Smith | Architectural Services | $7,101,289 |
| Merkle Inc | Marketing Services | $6,464,007 |
| Stern Drake Isbell & Associate DBA Sdi Radiology | Medical Services | $4,859,954 |
| Aya Healthcare Inc | Medical Services | $4,741,258 |
Grants received · $194K total
6 grants to Baycare Health Systems Inc totaling $194K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $25,000 |
| American Cancer Society Inc | Patient support | 2024 | $20,000 |
| American Cancer Society Inc | Patient support | 2022 | $32,500 |
| American Cancer Society Inc | Patient support | 2021 | $10,000 |
| Bon Secours Mercy Health Foundation | Program support | 2020 | $100,000 |
| American Heart Association Inc | Action registry | 2015 | $6,000 |
Grants made · $1.1M in FY2024
23 grants totaling $1.1M in FY2024 — showing the 15 largest. All grants made by Baycare Health Systems Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Advocates For World Health Inc | Access to health and social services | $514,434 |
| Metropolitan Ministries Inc | Access to health and social services | $100,000 |
| Feeding America Tampa Bay Inc | Hurricanes helene and milton relief | $100,000 |
| St Petersburg Free Clinic Inc | Hurricanes helene and milton relief | $100,000 |
| American Cancer Society Inc | Access to health and social services | $75,000 |
| Alzheimers Disease and Related Disorders Association Inc | Access to health and social services | $30,000 |
| Blood Cancer United Inc | Access to health and social services | $25,000 |
| St Josephs Hospital of Tampa Foundation Inc | Access to health and social services | $22,500 |
| Tampa Bay Performing Arts Center | Access to health and social services | $20,000 |
| Sleep In Heavenly Peace Inc | Behavioral health | $20,000 |
| Girl Scouts of West Central Florida Inc | Access to health and social services | $20,000 |
| Morton Plant Mease Health Care Foundation Inc | Access to health and social services | $12,500 |
| Winter Haven Hospital Foundation Inc | Access to health and social services | $12,000 |
| Cove Behavioral Health Inc | Behavioral health | $10,000 |
| Florida Recovery Schools of Tampa Bay | Behavioral health | $10,000 |
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Compare Baycare Health Systems Inc
Frequently asked questions
- Is Baycare Health Systems Inc a legitimate nonprofit?
- Yes. Baycare Health Systems Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-2796965, based in Clearwater, Florida. Donations are tax-deductible.
- What is Baycare Health Systems Inc's EIN?
- Baycare Health Systems Inc's Employer Identification Number (EIN) is 59-2796965.
- How much revenue does Baycare Health Systems Inc report?
- Baycare Health Systems Inc reported $1,605,385,449 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Baycare Health Systems Inc's spending goes to programs?
- Baycare Health Systems Inc spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Baycare Health Systems Inc have?
- CharityIndex grades Baycare Health Systems Inc A, based on program efficiency and fundraising cost.
- How much does Baycare Health Systems Inc's highest-paid employee make?
- The highest reported compensation on Baycare Health Systems Inc's latest Form 990 is $2,488,756, paid to Stephanie Conners (President & Ceo Baycare).
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Data for Baycare Health Systems Inc (EIN 59-2796965) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.