BAPTIST HEALTH SOUTH FLORIDA INC Charity Report

Public IRS 990 nonprofit record

BAPTIST HEALTH SOUTH FLORIDA INC

EIN 65-0267668 · Health Care (E210)

What they do

SEE FORM 990, PART III, LINE 1

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders58 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

88.35%of revenue went to mission work81.7% of expenses · Program services

$101.30spent for every $100 of revenueSpending was higher than revenue this year.

19.80%of revenue went to management and office costs18.3% of expenses

$7.49in assets for every $1 spent this yearSome assets cannot be spent right away.

0.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $18,636,920 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $4,185,898 for ALBERT BOULENGER (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,342,504,676

Mission workProgram services$1,186,044,50288.35% of revenue81.7% of expenses

ManagementOffice and general costs$265,831,56919.80% of revenue18.3% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$1,451,876,071108.15% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 81.7% mission · 18.3% management · 0.0% fundraisingTotal expenses: 108.15% of revenue

2022Expense mix: 81.3% mission · 18.7% management · 0.0% fundraisingTotal expenses: 134.11% of revenue

2021Expense mix: 79.7% mission · 20.3% management · 0.0% fundraisingTotal expenses: 73.54% of revenue

2020Expense mix: 71.8% mission · 28.2% management · 0.0% fundraisingTotal expenses: 58.97% of revenue

2019Expense mix: 83.7% mission · 16.3% management · 0.0% fundraisingTotal expenses: 118.30% of revenue

2018Expense mix: 67.7% mission · 32.3% management · 0.0% fundraisingTotal expenses: 53.75% of revenue

2017Expense mix: 74.8% mission · 25.2% management · 0.0% fundraisingTotal expenses: 66.97% of revenue

2016Expense mix: 76.7% mission · 23.3% management · 0.0% fundraisingTotal expenses: 76.33% of revenue

Money in and money out

Revenue$1,433,239,151

Expenses$1,451,876,071

Annual shortfall $18,636,920 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,186,044,502 · 81.7% of expenses

Management and office costs$265,831,569 · 18.3% of expenses

See all reported dollar amounts

Revenue$1,433,239,151

Expenses$1,451,876,071

Assets$10,878,664,265

Income$2,981,023,584

Contributions$2,870,619

Mission work (program services)$1,186,044,502

Grants given$2,067,546,097

Average grant$2,192,520

Management and general$265,831,569

Executive compensation (total)$13,250,550

Stocks and bonds$4,171,571,503

Accounting fees$1,962,200

Investing fees$11,746,592

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ALBERT BOULENGERPRESIDENT AND CEO · 50 hrs/week $4,185,898Base $3,561,994 · Other $623,904

JAVIER HERNANDEZ-LICHTLCEO - DH - END 11/2023 $3,122,748Base $2,956,597 · Other $166,151

PATRICIA ROSELLOFORMER CEO - BAPTIST HOSPITAL OF MIAMI $2,296,858Base $2,172,434 · Other $124,424

MATTHEW ARSENAULTCFO · 50 hrs/week $2,204,911Base $1,837,834 · Other $367,077

JOE NATOLIEVP / CAO · 50 hrs/week $2,126,108Base $2,091,204 · Other $34,904

MICHAEL ZINNER MDCEO - MIAMI CANCER INSTITUTE · 45 hrs/week $2,100,827Base $2,080,378 · Other $20,449

JACK ZIFFER MDEVP / CCO · 50 hrs/week $1,862,054Base $1,810,717 · Other $51,337

ANA LOPEZ-BLAZQUEZEVP / CSO · 50 hrs/week $1,785,444Base $1,765,466 · Other $19,978

GLENN D WATERSEVP COO · 50 hrs/week $1,771,084Base $1,686,722 · Other $84,362

ADRIENE MCCOYSENIOR VP OF HR · 50 hrs/week $1,453,095Base $1,226,015 · Other $227,080

LINCOLN S MENDEZCEO - BOCA RATON REGIONAL HOSPITAL · 45 hrs/week $1,388,812Base $1,323,088 · Other $65,724

DAVID FRIEDMANSENIOR VP / GENERAL COUNSEL · 50 hrs/week $1,382,833Base $1,135,439 · Other $247,394

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (58)

ALBERT BOULENGERPRESIDENT AND CEO

JAVIER HERNANDEZ-LICHTLCEO - DH - END 11/2023

PATRICIA ROSELLOFORMER CEO - BAPTIST HOSPITAL OF MIAMI

MATTHEW ARSENAULTCFO

JOE NATOLIEVP / CAO

MICHAEL ZINNER MDCEO - MIAMI CANCER INSTITUTE

JACK ZIFFER MDEVP / CCO

ANA LOPEZ-BLAZQUEZEVP / CSO

GLENN D WATERSEVP COO

ADRIENE MCCOYSENIOR VP OF HR

LINCOLN S MENDEZCEO - BOCA RATON REGIONAL HOSPITAL

DAVID FRIEDMANSENIOR VP / GENERAL COUNSEL

WILLIAM M DUQUETTECEO - SOUTH MIAMI HOSPITAL

QAMMER BOKHARIVP CHIEF CLINICAL

MIHAIL ANTONIO AMBROZIECHIEF DIGITAL & INFO OFFICER - END 10/2023

BRIAN KEELEYFORMER CEO & PRESIDENT, TRUSTEE

NELSON LAZOCEO - BETHESDA HOSPITAL

PHILOMENA TAYLORFORMER VP BUSINESS SYSTEMS

ALBERT NAHMADTRUSTEE

SATS TRIPATHYTRUSTEE

REV DR WILLIAM W WHITETRUSTEE

JAY A HERSHOFF ESQTRUSTEE

GARY BECKER MDTRUSTEE

BILL R TILLETTTRUSTEE

REV DR GARY JOHNSONTRUSTEE

REV DR MARCOS A RAMOSTRUSTEE

REV WILLIAM CHAMBERS IIITRUSTEE

REV DR RICHARD LEDGISTERTRUSTEE

REV DR WADLER JULESTRUSTEE

REV ERIK CUMMINGSTRUSTEE

REV PABLO MIRETTRUSTEE

KATE BLACKTRUSTEE

RICHARD ROYTRUSTEE

RICHARD SCHMIDTTRUSTEE

ROBERTA STOKESTRUSTEE

RONALD A SHUFFIELDTRUSTEE

RUDY KRANYSTRUSTEE

SHELDON ANDERSONTRUSTEE

SHERRILL W HUDSONTRUSTEE

YERBY T BARKERTRUSTEE

GEORGE E CADMAN IIITRUSTEE

AIDA SHAFERTRUSTEE

CALVIN H BABCOCKTRUSTEE

CARLOS CURBELOTRUSTEE

CARLOS LOWELLTRUSTEE

CARMEN PEREZ-CARLTONTRUSTEE

CHARLIE MARTINEZTRUSTEE - BEG 10/2023

CHRISTINE E LYNNTRUSTEE

ERNIE DIAZTRUSTEE

MARITZA G MONTIELTRUSTEE

I JEFFREY PHETERSON ESQTRUSTEE

JAMES CARRTRUSTEE

JANA SIGARS-MALINATRUSTEE

JANE ALONSOTRUSTEE

JERRI DEVARDTRUSTEE

JOHN SCOTT WESTONTRUSTEE

KAREL FOTITRUSTEE

LANI KAHN DRODYTRUSTEE

About this charity

Recognized since: January 1992
Location: 6855 RED ROAD SUITE 600, CORAL GABLES, FL 33143-3518
County: Miami-Dade
In care of: % FINANCE DEPARTMENT
Primary officer: Janette Sanchez, Corporate VP of Finance

How to reach them

WebsiteVisit the charity’s website Phone(786) 662-7000

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: DELOITTE TAX LLP
NTEE classification: Health Care (E210)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes