Baycare Select Health Plans Inc is a 501(c)(4) organization based in Clearwater, Florida, registered in 2018, with $161,646,410 in FY2024 revenue. CharityIndex grades it A, and it directs about 90% of spending to programs.
Revenue (FY2024)
$161.6M
▲ 6.6% vs prior year
Health median: $840K
Expenses (FY2024)
$174.5M
Net assets
$42.3M
Employees
0
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 Select Health Plans Inc: 90% to programs earns a A on this criterion. See the exact thresholds →
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 Select Health Plans Inc: 3 mo reserves · -8% margin earns a B on this criterion. See the exact thresholds →
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 Select Health Plans Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
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 Select Health Plans Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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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.
Revenue grew from $35.3M (FY2019) to $161.6M (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-8.0%
Spent more than it raised in the latest fiscal year.
Total assets
$59.9M
Total liabilities
$17.6M
Net assets
$42.3M
Salaries & benefits
$0
0% of expenses
Board members
4
3 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $161,646,410▲6.6% | $174,498,515▼1.2% | $42,304,394▲10.9% | $59,869,454▲6.0% | 990 |
| 2023 | $151,635,595▲22.1% | $176,638,684▲23.8% | $38,156,499▲24.5% | $56,498,369▲21.6% | 990 |
| 2022 | $124,150,563▲37.5% | $142,660,796▲4.0% | $30,659,588▲21.8% | $46,467,439▼2.7% | 990 |
| 2021 | $90,273,183▲46.4% | $137,140,643▲69.2% | $25,169,821▲39.5% | $47,758,230▲72.2% | 990 |
| 2020 | $61,662,313▲74.7% | $81,038,424▲59.1% | $18,037,281▲181% | $27,731,489▲73.0% | 990 |
| 2019 | $35,290,963 | $50,949,242 | $6,413,390 | $16,034,114 | 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.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Andy Burwell | Trustee/secretary (eff April 2024) | 1 | — |
| David Hillis | Trustee | 1 | — |
| Jacquelyn Cawley | Former Vp & Cmo | 0 | — |
| Janice Polo | Treasurer/evp, Cfo Baycare | 1 | — |
| Melisa Shawn Armstrong | President & Vp Coo Value Based Care | 45 | — |
| Robert Mcgivney | Trustee/secretary (until April 2024) | 1 | — |
| Stephanie Conners | Trustee/president & Ceo Baycare | 1 | — |
| Victor Krauze | Trustee/chairman | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Medimpact Healthcare Systems Inc | Medical Services | $31,332,998 |
| Morton Plant Hospital Association Inc | Medical Services | $21,459,823 |
| Baycare Medical Group Inc | Medical Services | $10,257,132 |
| Trustees of Mease Hospital Inc | Medical Services | $9,522,483 |
| St Joseph's Hospital Inc | Medical Services | $9,025,043 |
Explore more
Data for Baycare Select Health Plans Inc (EIN 81-0795815) 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.