NFP500

#235 of 500 · Member & Benefit Funds

Baylor Health Care Systems Employee Welfare Benefit Trust

EIN 75-1848557 · TX · NTEE Y43 · Form 990, fiscal 2023

A voluntary employees' beneficiary association (VEBA) organized under IRC Section 501(c)(9), based in Dallas, Texas. It functions as a funding vehicle to provide health and welfare benefits, such as medical and related coverage, to eligible employees of Baylor Health Care System (now Baylor Scott & White Health) and their dependents and beneficiaries. As an employee-benefit trust, it does not conduct public charitable programs.

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Financials, fiscal 2023

Revenue
$677.4M
Expenses
$684.0M
Total assets
$34.8M
Net assets
$17.8M
Operating margin
-1.0%
1-year growth
19.3%
5-year growth (CAGR)
9.4%
Reserve (years of spending)
0.3
Contributions share
n/a
Programme spending
99.9%
Fundraising cost
n/a
Executive pay share
0.00%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
22

NFP Health Score: 63 / 100

Financial 30 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history

YearRevenue
2019$473.2M
2020$536.8M
2021$593.7M
2022$567.6M
2023$677.4M