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Nonprofit · EIN 65-0267668

BAPTIST HEALTH OF SOUTH FLORIDA INC

Tax-exempt · CORAL GABLES, FL 33143

Financials

$1.1B$1.5B2022$1.3B$1.5B2023$1.4B$1.5B2024
Revenue Expenses · by fiscal year end
Financials of BAPTIST HEALTH OF SOUTH FLORIDA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$1,433,239,151$1,548,584,923-$115,345,772$10,878,664,265$2,614,511,470$8,264,152,795
September 30, 2024990 (amended)$1,342,504,676$1,451,876,071-$109,371,395$9,142,636,070$2,047,500,777$7,095,135,293
September 30, 2023990 (amended)$1,102,432,278$1,478,455,923-$376,023,645$7,600,626,918$1,807,449,379$5,793,177,539
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$2,881,424
Program service revenue
$1,116,764,162
Investment income
$296,920,361
Net rental income
-$53,085
Net gain from sales of assets
$193,255,305
Other revenue
$16,673,204

Expenses

Grants and similar amounts paid
$299,217,234
Compensation of officers, directors and key employees
$15,942,195
Other salaries and wages
$535,646,058
Salaries, compensation and benefits (total)
$680,924,386
Professional fundraising fees
$0
Legal fees
$9,811,959
Accounting fees
$1,962,200
Occupancy
$21,183,896
Travel
$3,445,034
Depreciation
$45,712,821
Program services (functional)
$1,271,508,216
Management and general (functional)
$277,076,707

Balance sheet and other

Total assets, start of year
$9,142,636,070
Total assets, end of year
$10,878,664,265
Total liabilities, end of year
$2,614,511,470
Net assets, end of year
$8,264,152,795
Land, buildings and equipment
$500,629,926
Publicly traded securities
$5,326,151,228
Net assets without donor restrictions
$8,000,397,239
Net assets with donor restrictions
$263,755,556
Gross unrelated business income
-$4,058,750
Gross receipts
$2,981,023,584
Employees
5,963
Volunteers
36
Year formed
1991
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ALBERT BOULENGERPRESIDENT AND CEO
Officer
50$4,801,398$795,620
MATTHEW ARSENAULTEVP / CFO
Officer
50$2,216,540$424,240
MICHAEL ZINNER MDCEO - MIAMI CANCER INSTITUTE
Highest-paid employee
45$2,300,916$21,810
GLENN D WATERSEVP / COO
Officer
50$2,149,692$125,075
JOE NATOLIEVP / CAO
Officer
50$2,145,575$36,591
JACK ZIFFER MDEVP / CCO
Officer
50$2,100,448$61,836
ANA LOPEZ-BLAZQUEZEVP / CSO
Officer
50$1,952,724$18,665
LINCOLN S MENDEZCEO - BOCA RATON REGIONAL HOSPITAL
Highest-paid employee
45$1,865,405$66,311
WILLIAM G ULBRICHTCEO - BHM
Highest-paid employee
45$1,511,138$231,584
ALEXANDRA VILLOCHCEO - BHSF FOUNDATION
Highest-paid employee
45$1,614,474$39,072
ADRIENE MCCOYSENIOR VP OF HR
Key employee
50$1,394,011$250,441
DAVID FRIEDMANSENIOR VP / GENERAL COUNSEL
Key employee
50$1,318,482$270,901
LOURDES BOUECEO - WEST KENDALL BAPTIST HOSPITAL
Highest-paid employee
45$1,454,046$41,324
PHILOMENA TAYLORFORMER VP BUSINESS SYSTEMS
Former
0$367,756$0
PATRICIA ROSELLOFORMER CEO - BAPTIST HOSPITAL OF MIAMI
Former
0$312,353$0
41 more people on this return
NameTitleHours / weekCompensation
LANI KAHN DRODYTRUSTEE
Trustee or director
2$9,642
ALBERT NAHMADTRUSTEE
Trustee or director
2$1,800
JAMES CARRTRUSTEE
Trustee or director
2$703
BILL R TILLETTTRUSTEE
Trustee or director
2$330
JANE ALONSOTRUSTEE
Trustee or director
2$51
AIDA SHAFERTRUSTEE
Trustee or director
2$0
BRIAN KEELEYTRUSTEE
Trustee or director
2$0
CALVIN H BABCOCKTRUSTEE
Trustee or director
2$0
CARLOS CURBELOTRUSTEE
Trustee or director
2$0
CARLOS LOWELLTRUSTEE
Trustee or director
2$0
CARMEN PEREZ-CARLTONTRUSTEE
Trustee or director
2$0
CHARLIE MARTINEZTRUSTEE
Trustee or director
2$0
CHRISTINE E LYNNTRUSTEE
Trustee or director
2$0
ERNIE DIAZTRUSTEE
Trustee or director
2$0
GARY BECKER MDTRUSTEE - END 02/2025
Trustee or director
2$0
GEORGE E CADMAN IIITRUSTEE
Trustee or director
2$0
I JEFFREY PHETERSON ESQTRUSTEE
Trustee or director
2$0
JANA SIGARS-MALINATRUSTEE
Trustee or director
2$0
JAY A HERSHOFF ESQTRUSTEE
Trustee or director
2$0
JERRI DEVARDTRUSTEE
Trustee or director
2$0
JOHN SCOTT WESTONTRUSTEE
Trustee or director
2$0
KAREL FOTITRUSTEE
Trustee or director
2$0
KATE BLACKTRUSTEE - END 06/2025
Trustee or director
2$0
MARITZA G MONTIELTRUSTEE
Trustee or director
2$0
REV DR GARY JOHNSONTRUSTEE
Trustee or director
2$0
REV DR MARCOS A RAMOSTRUSTEE
Trustee or director
2$0
REV DR RICHARD LEDGISTERTRUSTEE
Trustee or director
2$0
REV DR WADLER JULESTRUSTEE
Trustee or director
2$0
REV DR WILLIAM W WHITETRUSTEE
Trustee or director
2$0
REV ERIK CUMMINGSTRUSTEE
Trustee or director
2$0
REV PABLO MIRETTRUSTEE
Trustee or director
2$0
REV WILLIAM CHAMBERS IIITRUSTEE
Trustee or director
2$0
RICHARD ROYTRUSTEE
Trustee or director
2$0
RICHARD SCHMIDTTRUSTEE
Trustee or director
2$0
ROBERTA STOKESTRUSTEE
Trustee or director
2$0
RONALD A SHUFFIELDTRUSTEE
Trustee or director
2$0
RUDY KRANYSTRUSTEE
Trustee or director
2$0
SATS TRIPATHYTRUSTEE
Trustee or director
2$0
SHELDON ANDERSONTRUSTEE
Trustee or director
2$0
SHERRILL W HUDSONTRUSTEE
Trustee or director
2$0
YERBY T BARKERTRUSTEE
Trustee or director
2$0
990 for the year ended September 30, 2024: 58 people
NameTitleHours / weekCompensationOther / benefits
Albert BoulengerPresident and CEO
Officer
50$3,561,994$623,904
Javier Hernandez-LichtlCEO - DH - End 11/2023
Highest-paid employee
0$2,956,597$166,151
Patricia RoselloFormer CEO - Baptist Hospital of Miami
Former
0$2,172,434$124,424
Matthew ArsenaultCFO
Officer
50$1,837,834$367,077
Joe NatoliEVP / CAO
Officer
50$2,091,204$34,904
Michael Zinner MDCEO - Miami Cancer Institute
Highest-paid employee
45$2,080,378$20,449
Jack Ziffer MDEVP / CCO
Officer
50$1,810,717$51,337
Ana Lopez-BlazquezEVP / CSO
Officer
50$1,765,466$19,978
Glenn D WatersEVP COO
Officer
50$1,686,722$84,362
Adriene McCoySenior VP of HR
Key employee
50$1,226,015$227,080
Lincoln S MendezCEO - Boca Raton Regional Hospital
Highest-paid employee
45$1,323,088$65,724
David FriedmanSenior VP / General Counsel
Key employee
50$1,135,439$247,394
William M DuquetteCEO - South Miami Hospital
Highest-paid employee
45$1,253,692$42,430
Qammer BokhariVP Chief Clinical
Highest-paid employee
45$1,241,269$54,535
Mihail Antonio AmbrozieChief Digital & Info Officer - End 10/2023
Key employee
50$656,521$211,067
Brian KeeleyFormer CEO & President, Trustee
Trustee or director
2$506,687$0
Nelson LazoCEO - Bethesda Hospital
Former
0$425,249$16,231
Philomena TaylorFormer VP Business Systems
Former
0$440,000$0
Albert NahmadTrustee
Trustee or director
2$7,055$0
Sats TripathyTrustee
Trustee or director
2$4,326$0
Rev Dr William W WhiteTrustee
Trustee or director
2$3,183$0
Jay A Hershoff ESQTrustee
Trustee or director
2$1,844$0
Gary Becker MDTrustee
Trustee or director
2$1,568$0
Bill R TillettTrustee
Trustee or director
2$200$0
Aida ShaferTrustee
Trustee or director
2$0$0
Calvin H BabcockTrustee
Trustee or director
2$0$0
Carlos CurbeloTrustee
Trustee or director
2$0$0
Carlos LowellTrustee
Trustee or director
2$0$0
Carmen Perez-CarltonTrustee
Trustee or director
2$0$0
Charlie MartinezTRUSTEE - Beg 10/2023
Trustee or director
2$0$0
CHRISTINE E LYNNTrustee
Trustee or director
2$0$0
Ernie DiazTrustee
Trustee or director
2$0$0
George E Cadman IIITrustee
Trustee or director
2$0$0
I Jeffrey Pheterson ESQTrustee
Trustee or director
2$0$0
James CarrTrustee
Trustee or director
2$0$0
Jana Sigars-MalinaTrustee
Trustee or director
2$0$0
Jane AlonsoTrustee
Trustee or director
2$0$0
Jerri DevardTrustee
Trustee or director
2$0$0
John Scott WestonTrustee
Trustee or director
2$0$0
Karel FotiTrustee
Trustee or director
2$0$0
Kate BlackTrustee
Trustee or director
2$0$0
Lani Kahn DrodyTrustee
Trustee or director
2$0$0
Maritza G MontielTrustee
Trustee or director
2$0$0
Rev Dr Gary JohnsonTrustee
Trustee or director
2$0$0
Rev Dr Marcos A RamosTrustee
Trustee or director
2$0$0
Rev Dr Richard LedgisterTrustee
Trustee or director
2$0$0
Rev Dr Wadler JulesTrustee
Trustee or director
2$0$0
Rev Erik CummingsTrustee
Trustee or director
2$0$0
Rev Pablo MiretTrustee
Trustee or director
2$0$0
Rev William Chambers IIITrustee
Trustee or director
2$0$0
Richard RoyTrustee
Trustee or director
2$0$0
Richard SchmidtTrustee
Trustee or director
2$0$0
Roberta StokesTrustee
Trustee or director
2$0$0
Ronald A ShuffieldTrustee
Trustee or director
2$0$0
Rudy KranysTrustee
Trustee or director
2$0$0
Sheldon AndersonTrustee
Trustee or director
2$0$0
Sherrill W HudsonTrustee
Trustee or director
2$0$0
Yerby T BarkerTrustee
Trustee or director
2$0$0
990 for the year ended September 30, 2023: 58 people
NameTitleHours / weekCompensationOther / benefits
Brian KeeleyFormer CEO & President, Trustee - Beg 10/2022
Trustee or director
2$4,854,289$21,247
Albert BoulengerPresident and CEO - Beg 10/2022
Officer
50$2,603,157$448,009
Ana Lopez-BlazquezEVP / CSO
Officer
50$2,163,004$252,847
Joe NatoliEVP / CAO
Officer
50$2,054,564$33,697
Michael Zinner MDCEO - Miami Cancer Institute
Highest-paid employee
45$2,048,361$18,100
Matthew ArsenaultCFO
Officer
50$1,689,541$328,916
Jack Ziffer MDEVP / CCO
Officer
50$1,704,985$54,297
Philomena TaylorFormer VP Business Systems
Former
0$1,624,249$97,084
Nelson LazoCEO - Bethesda Hospital
Highest-paid employee
45$1,470,287$214,239
Lincoln S MendezCEO - Boca Raton Regional Hospital
Highest-paid employee
45$1,355,447$59,365
Lourdes BoueCEO - West Kendall Baptist Hospital
Highest-paid employee
45$1,214,645$180,525
Patricia RoselloFormer CEO - Baptist Hospital of Miami
Former
0$1,123,313$266,550
Mihail Antonio AmbrozieSenior VP of TD
Key employee
50$1,021,310$236,883
David FriedmanSenior VP / General Counsel
Key employee
50$1,026,851$227,864
William M DuquetteCEO - South Miami Hospital
Highest-paid employee
45$1,186,272$39,694
Adriene McCoySenior VP of HR
Key employee
50$964,173$197,080
Albert NahmadTrustee
Trustee or director
2$7,167$0
Gary BeckerTrustee
Trustee or director
2$3,835$0
Sheldon AndersonTrustee
Trustee or director
2$3,392$0
Jay A Hershoff ESQTrustee
Trustee or director
2$2,365$0
Bill R TillettTrustee
Trustee or director
2$35$0
Aida ShaferTrustee
Trustee or director
2$0$0
Calvin H BabcockTrustee
Trustee or director
2$0$0
Carlos CurbeloTrustee
Trustee or director
2$0$0
Carlos LowellTrustee
Trustee or director
2$0$0
Carmen Perez-CarltonTrustee
Trustee or director
2$0$0
CHRISTINE E LYNNTrustee
Trustee or director
2$0$0
Ernie DiazTrustee
Trustee or director
2$0$0
George E Cadman IIITrustee
Trustee or director
2$0$0
I Jeffrey Pheterson ESQTrustee
Trustee or director
2$0$0
James CarrTrustee
Trustee or director
2$0$0
Jana Sigars-MalinaTrustee
Trustee or director
2$0$0
Jane AlonsoTrustee
Trustee or director
2$0$0
Jerri DevardTrustee - Beg 01/2023
Trustee or director
2$0$0
John Scott WestonTrustee
Trustee or director
2$0$0
Karel FotiTrustee
Trustee or director
2$0$0
Kate BlackTrustee
Trustee or director
2$0$0
Lani Kahn DrodyDirector - Beg 10/2022
Trustee or director
2$0$0
Maritza G MontielTrustee
Trustee or director
2$0$0
Pablo MiretTrustee
Trustee or director
2$0$0
Rev Dr Gary JohnsonTrustee
Trustee or director
2$0$0
Rev Dr Marcos A RamosTrustee
Trustee or director
2$0$0
Rev Dr Richard LedgisterTrustee
Trustee or director
2$0$0
Rev Dr Wadler JulesTrustee
Trustee or director
2$0$0
Rev Dr William W WhiteTrustee
Trustee or director
2$0$0
Rev Erik CummingsTrustee
Trustee or director
2$0$0
Rev William Chambers IIITrustee
Trustee or director
2$0$0
Richard DaileyTrustee, End 10/2022
Trustee or director
2$0$0
Richard RoyTrustee
Trustee or director
2$0$0
Richard SchmidtTrustee
Trustee or director
2$0$0
Roberta StokesTrustee
Trustee or director
2$0$0
Ronald A ShuffieldTrustee
Trustee or director
2$0$0
Rudy KranysTrustee
Trustee or director
2$0$0
Sats TripathyTrustee
Trustee or director
2$0$0
Sherrill W HudsonTrustee
Trustee or director
2$0$0
Tom DavidsonTrustee - End 12/2022
Trustee or director
2$0$0
William DickinsonTrustee, End 10/2022
Trustee or director
2$0$0
Yerby T BarkerTrustee
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
6855 RED ROAD SUITE 600, CORAL GABLES, FL 33143-3518
In care of
% FINANCE DEPARTMENT
Principal officer (990 for 2024)
ALBERT BOULENGER, 6855 RED ROAD SUITE 600, CORAL GABLES, FL 331433632
Signed the 990
JANETTE SANCHEZ, CORPORATE VP OF FINANCE
Phone
(786) 662-7000
Return prepared by
DELOITTE TAX LLP

Mission

SEE SCHEDULE O

990 for the year ended September 30, 2025

Program accomplishments

  • SEE SCHEDULE O
    Expenses $1,271,508,216 · grants $299,217,234 · revenue $1,129,522,830

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
65-0267668
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1992
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E210)
Assets (IRS master file)
$10,878,664,265
Income (IRS master file)
$2,981,023,584

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$1,433,239,151$1,548,584,923$10,878,664,265XML
990-TSeptember 2025–––IRS
990September 2024$1,342,504,676$1,451,876,071$9,142,636,070XML
990-TSeptember 2024–––IRS
990September 2023$1,102,432,278$1,478,455,923$7,600,626,918XML
990-TSeptember 2023–––IRS
990September 2022$1,802,830,265$1,325,776,403$7,014,479,692IRS
990-TSeptember 2022–––IRS
990September 2021–––IRS
990-TSeptember 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS
990September 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 65-0267668).

Questions about BAPTIST HEALTH OF SOUTH FLORIDA INC

What is the EIN of BAPTIST HEALTH OF SOUTH FLORIDA INC?
The employer identification number (EIN) of BAPTIST HEALTH OF SOUTH FLORIDA INC is 65-0267668.
Is BAPTIST HEALTH OF SOUTH FLORIDA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to BAPTIST HEALTH OF SOUTH FLORIDA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does BAPTIST HEALTH OF SOUTH FLORIDA INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BAPTIST HEALTH OF SOUTH FLORIDA INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BAPTIST HEALTH OF SOUTH FLORIDA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of BAPTIST HEALTH OF SOUTH FLORIDA INC?
The 990 for the year ended September 30, 2025 names ALBERT BOULENGER.
Who are the officers and directors of BAPTIST HEALTH OF SOUTH FLORIDA INC?
The 990 for the year ended September 30, 2025 lists 56 people; 20 received compensation from the organization, the highest $4,801,398 (ALBERT BOULENGER, PRESIDENT AND CEO).
How much revenue does BAPTIST HEALTH OF SOUTH FLORIDA INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $1,433,239,151, expenses of $1,548,584,923 and total assets of $10,878,664,265 at year end.

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