Baycare Medical Group Inc
87% goes to programs $0 to raise $100 Thin reserves Growing revenue
Baycare Medical Group Inc is a 501(c)(3) organization based in Tampa, Florida, registered in 1996, with $705,286,408 in FY2024 revenue. CharityIndex grades it C, and it directs about 87% of spending to programs.
3503 E Frontage Rd, Tampa, FL, 33607 EIN 59-3140335 Since 1996
Revenue (FY2024)
$705.3M
▲ 26.0% vs prior year
Health median: $840K
Expenses (FY2024)
$749.1M
Net assets
-$558.5M
Employees
3,433
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →C+Program efficiency40% of the rating87% 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 Medical Group Inc: 87% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -6% 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 Medical Group Inc: 0 mo reserves · -6% margin earns a F on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Medical Group Inc: 5 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 Medical Group Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Baycare medical group, 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
- 3503 E Frontage Rd, Tampa, FL, 33607
- City
- Tampa
- State
- Florida
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $61.8M (FY2013) to $705.3M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $714.3MNet assets -$558.5M
Operating margin
-6.2%
Spent more than it raised in the latest fiscal year.
Total assets
$155.8M
Total liabilities
$714.3M
Net assets
-$558.5M
Salaries & benefits
$563.3M
75% of expenses
Board members
15
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $705,286,408▲26.0% | $749,066,314▲26.2% | -$558,489,367▼6.0% | $155,833,401▲21.6% | 990 |
| 2023 | $559,930,669▲15.4% | $593,433,930▲14.1% | -$526,962,210▼4.4% | $128,185,788▲8.9% | 990 |
| 2022 | $485,042,935▲8.4% | $520,279,257▲9.6% | -$504,697,481▼5.8% | $117,740,652▲8.9% | 990 |
| 2021 | $447,431,386▲5.5% | $474,757,974▲2.7% | -$477,254,963▼4.0% | $108,083,695▲18.3% | 990 |
| 2020 | $424,005,025▲7.1% | $462,164,989▲2.6% | -$459,109,941▼6.7% | $91,360,591▲19.0% | 990 |
| 2019 | $395,883,121▲4.2% | $450,602,793▲3.6% | -$430,330,532▼11.9% | $76,790,988▲81.7% | 990 |
| 2018 | $380,029,067▲10.1% | $435,020,475▲6.9% | -$384,464,551▼13.4% | $42,270,298▼2.1% | 990 |
| 2017 | $345,169,942▲48.5% | $406,855,842▲8.8% | -$339,174,204▼18.3% | $43,162,387▲6.7% | 990 |
| 2016 | $232,399,193▲46.1% | $373,886,274▲53.7% | -$286,714,067▼98.9% | $40,439,861▲0.5% | 990 |
| 2015 | $159,043,838▲157% | $243,180,264▲280% | -$144,115,237▼6622% | $40,240,811▲465% | 990 |
| 2013 | $61,782,212 | $63,965,396▼3.0% | $2,209,761▼49.7% | $7,122,252▼11.0% | 990 |
| 2012 | — | $65,965,273▲11.8% | $4,392,945▼19.8% | $8,004,046▼8.0% | 990 |
| 2011 | — | $59,001,054▲10.3% | $5,477,307▲12.6% | $8,695,639▲8.0% | 990 |
| 2010 | — | $53,514,198 | $4,865,279 | $8,053,994 | 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: Ahmad Shaker — $2,224,803 (0.30% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ahmad Shaker | Member Physician-specialty | 45 | $2,224,803 |
| Akm Hossain | Member Physician-specialty | 45 | $2,223,005 |
| Christopher Mickler | Member Physician-specialty | 45 | $2,060,614 |
| Quan Tran | Member Physician - Specialty | 45 | $1,890,629 |
| Benjamin Fox | Member Physician - Specialty | 45 | $1,807,299 |
| Alok Singh | Trustee/physician Specialty | 45 | $1,679,087 |
| Dani Mathew | Trustee/physician Primary Care | 45 | $532,094 |
| Percy Bracamonte | Trustee/physician Primary Care | 45 | $531,946 |
| Yves Gabriel | Trustee/physician Specialty | 45 | $491,168 |
| Lisa Ball | Trustee/physician Primary Care | 45 | $369,054 |
| Christina Canody | Trustee/physician Primary Care | 45 | $328,630 |
| Benjamin Damsker | Trustee | 1 | — |
| Carl Tremonti | Vp, Cfo Bmg, Amb | 15 | — |
| Garrick Richards | Vp, Coo Bmg | 45 | — |
| Howard Watts | Trustee | 1 | — |
| Janice Polo | Trustee/evp, Cfo Baycare | 1 | — |
| Laura Arline | Trustee/ Vp Chief Quality Officer Baycare | 1 | — |
| Ralph Garcia | Trustee | 1 | — |
| Sowmya Viswanathan | Trustee/president/cpe Baycare | 1 | — |
| Stephanie Conners | Trustee/president & Ceo Baycare | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Arthur J Gallagher Risk Management Services | Management Services | $10,745,093 |
| Bay Area Chest Physicians PA | Medical Services | $8,141,657 |
| Hospital Staffing Partners LLC | Physician Services | $6,044,876 |
| Locumtenens Com LLC | Physician Staffing | $2,817,402 |
| Respiratory Specialists Pl | Physician Services | $2,296,354 |
Grants received · $39.7M total
16 grants to Baycare Medical Group Inc totaling $39.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Muscular Dystrophy Association | Medical diagnosis | 2024 | $25,000 |
| Muscular Dystrophy Association | Medical diagnosis | 2023 | $90,000 |
| Muscular Dystrophy Association | Medical diagnosis | 2023 | $25,000 |
| Muscular Dystrophy Association | Medical diagnosis | 2022 | $22,917 |
| Muscular Dystrophy Association | Medical diagnosis | 2021 | $12,500 |
| Muscular Dystrophy Association | Medical diagnosis | 2020 | $25,000 |
| Morton Plant Hospital Association Inc | Residency program | 2019 | $3,820,625 |
| Muscular Dystrophy Association | Medical diagnosis | 2019 | $25,000 |
| Morton Plant Hospital Association Inc | Residency program | 2018 | $3,719,370 |
| Muscular Dystrophy Association | Medical diagnosis | 2018 | $18,750 |
| Morton Plant Hospital Association Inc | Residency program | 2017 | $3,691,407 |
| Muscular Dystrophy Association | Medical diagnosis | 2017 | $25,000 |
| Morton Plant Hospital Association Inc | Residency program | 2016 | $3,361,100 |
| Morton Plant Hospital Association Inc | Residency program | 2015 | $3,487,818 |
| Morton Plant Mease Health Care Inc | Residency program | 2014 | $16,426,148 |
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Compare Baycare Medical Group Inc
Frequently asked questions
- Is Baycare Medical Group Inc a legitimate nonprofit?
- Yes. Baycare Medical Group Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-3140335, based in Tampa, Florida. Donations are tax-deductible.
- What is Baycare Medical Group Inc's EIN?
- Baycare Medical Group Inc's Employer Identification Number (EIN) is 59-3140335.
- How much revenue does Baycare Medical Group Inc report?
- Baycare Medical Group Inc reported $705,286,408 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Baycare Medical Group Inc's spending goes to programs?
- Baycare Medical Group Inc spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Baycare Medical Group Inc have?
- CharityIndex grades Baycare Medical Group Inc C, based on program efficiency and fundraising cost.
- How much does Baycare Medical Group Inc's highest-paid employee make?
- The highest reported compensation on Baycare Medical Group Inc's latest Form 990 is $2,224,803, paid to Ahmad Shaker (Member Physician-specialty).
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Explore more
Data for Baycare Medical Group Inc (EIN 59-3140335) 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.