Baylor Health Care Systems Employee Welfare Benefit Trust

Organization Overview

Baylor Health Care Systems Employee Welfare Benefit Trust is located in Dallas, TX. The organization was established in 2001. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baylor Health Care Systems Employee Welfare Benefit Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Baylor Health Care Systems Employee Welfare Benefit Trust generated $593.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $557.0m during the year ending 12/2021. While expenses have increased by 13.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDES EMPLOYEE BENEFITS TO EMPLOYEES OF BAYLOR SCOTT & WHITE HEALTH AND ITS AFFILIATES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES HEALTHCARE, SURVIVOR AND DISABILITY, AND OTHER BENEFITS TO EMPLOYEES OF BAYLOR SCOTT & WHITE HEALTH AND ITS AFFILIATES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Unitedhealth Group (Dba Optum Rx)
Pbm
$46,696,145
Baylor Health Enterprises
Pharmacy
$67,106,589
Scott & White Memorial Hospital
Medical Services
$45,000,132
Scott & White Clinic
Medical Services
$33,781,418
Baylor University Medical Center
Medical Services
$21,179,304
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$593,662,025
Investment income $2,892
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $593,664,917

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