Lake Pointe Operating Company LLC

EIN: 260194016 501(c)(3) Health Care

Dallas, TX

Total Revenue
$275,404,576
Total Expenses
$226,566,831
Total Assets
$459,279,965
Net Assets
$402,121,719
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Organization Details

Formation Year
2007
Legal Domicile
TX
Principal Officer
Donas Cole
Phone
2148204135
Tax Period
2022-07-01 to 2023-06-30

Lake Pointe Operating Company LLC, founded in 2007, is a major nonprofit in the Health Care sector that reported $275.4M in total revenue in fiscal year 2022. The organization ran a surplus of $48.8M, a strong 18% operating margin.

Mission

Founded as a Christian ministry of healing, Baylor Scott & White Health promotes the well-being of all individuals, families and communities.

Program Service Accomplishments

Program 1
Expenses: $197,853,878 Revenue: $271,967,207

Lake Pointe Operating Company, LLC dba Baylor Scott & White Medical Center - Lake Pointe (BSW Lake Pointe) is a faith-based, nonprofit, 176-bed acute care hospital providing exemplary patient care...

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Lake Pointe Operating Company, LLC dba Baylor Scott & White Medical Center - Lake Pointe (BSW Lake Pointe) is a faith-based, nonprofit, 176-bed acute care hospital providing exemplary patient care services to the residents of Forney, Greenville, Rockwall, Rowlett, and Wylie, Texas and the surrounding communities since 1987. BSW Lake Pointe began operations as a tax-exempt nonprofit hospital beginning May 22, 2019. BSW Lake Pointe is affiliated with Baylor Scott & White Health (BSWH), a faith-based nationally acclaimed network of acute care hospitals and related health care entities providing quality patient care, medical education, medical research and other community services to the residents of North and Central Texas. As the largest not-for-profit health care system in Texas and one of the largest in the United States, BSWH was born from the 2013 combination of Baylor Health Care System and Scott & White Healthcare. Today, BSWH has over 1,250 patient access points including 51 hospitals, 612 specialty care clinics, 261 outpatient clinics, 160 primary care clinics, 30 pharmacies, 31 ambulatory surgery centers, and more than 7,100 active physicians. The system also includes a state certified health maintenance organization, the Scott and White Health Plan and the Baylor Scott & White Quality Alliance accountable care organization both covering over 1,200,000 lives.With more than 500 physicians on staff, BSW Lake Pointe offers a wide range of medical specialties and services, including a Fast-Track Emergency Department, intensive care unit, women's services, Level III obstetric and maternity care, Level II NICU, interventional cardiology, diagnostic imaging, robotic-assisted surgery, orthopedics, vascular surgery, neurosurgery, urology and advanced cardiovascular healthcare.During the fiscal year, BSW Lake Pointe admitted 9,935 patients resulting in 37,778 days of care; delivered 2,294 babies and received 72,617 emergency department visits. Additionally, BSW Lake Pointe provided community benefits (as reported to the Texas Department of State Health Services and in accordance with the State of Texas Statutory methodology) of $41,599,425 and provided community benefits (as reported on the Internal Revenue Service (IRS) Form 990, Schedule H) of $12,100,117 during the tax year. The Texas Annual Statement of Community Benefit Standard includes approximately $28,318,634 of unreimbursed cost of Medicare that is not included in the IRS Form 990, Schedule H.See Schedule H for more information regarding these services and how BSW Lake Pointe promotes the health of the communities.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $71,167
Program Service Revenue $271,945,804
Investment Income $2,877,830
Other Revenue $509,775
TOTAL REVENUE $275,404,576

Expense Breakdown

Grants Paid $45,950
Salaries & Benefits $92,947,663
Fundraising Expenses $0
Program Expenses $197,853,878
Other Expenses $133,573,218
TOTAL EXPENSES $226,566,831

Year-over-Year Comparison

2022 2021 Change
Revenue $275,404,576 $257,913,706 +0.1%
Expenses $226,566,831 $208,396,238 +0.1%
Net Income $48,837,745 $49,517,468 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
8
Employees
1173
Volunteers
35

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$1,518,785
Total Directors
11
$2,367,017
Key Employees
3
$999,057
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Scott Peek Trustee (thru 1/6/2023) 1.00
Director
$0 $270,483 $1,345,046
Paul Madeley MD Trustee 1.00
Director
$0 $38,893 $517,378
Amy Wilson MD Trustee 1.00
Director
$0 $42,412 $504,593
Harry Neil Dugger Trustee/Vice Chair 1.00
Officer Director
$0 $0 $0
Vince Hawkins Trustee 1.00
Director
$0 $0 $0
Marissa Hernandez Trustee 1.00
Director
$0 $0 $0
Lisa Hultz Trustee 1.00
Director
$0 $0 $0
George McCleskey Trustee 1.00
Director
$0 $0 $0
J Kent Newsom Trustee/Chair 1.00
Officer Director
$0 $0 $0
Rodrick Robinson Trustee 1.00
Director
$0 $0 $0
Jeffrey Schmeltekopf Trustee 1.00
Director
$0 $0 $0
Donas Cole President/CEO 40.00
Officer
$571,828 $156,022 $727,850
Grant Teegarden Secretary 1.00
Officer
$0 $71,455 $482,601
Jennie Campbell VP CFO 40.00
Officer
$267,308 $41,026 $308,334
Jared Wolf Chief Medical Officer 26.00
Key Emp
$435,203 $2,696 $437,899
Tori Owens VP COO 40.00
Key Emp
$259,015 $34,797 $293,812
Amy Wilkins VP CNO 40.00
Key Emp
$240,199 $27,147 $267,346
Hope Enechukwu RN 53.00
Highest
$200,375 $1,053 $201,428
Mercy Matthew RN 46.00
Highest
$183,637 $14,395 $198,032
Michael Kidane Multimodality Tech 57.00
Highest
$191,583 $5,282 $196,865
Duc Huynh Multimodality Tech 44.00
Highest
$190,259 $3,828 $194,087
Yvonne Njoku RN 50.00
Highest
$182,916 $1,085 $184,001
Dan Rich Former Officer 0.00
$0 $39,392 $467,707
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $275,404,576 $226,566,831 $459,279,965 $48,837,745
2022 $257,913,706 $208,396,238 $409,613,860 $49,517,468
2021 $220,582,851 $168,940,241 $390,651,075 $51,642,610
2020 $181,258,067 $163,820,800 $338,803,465 $17,437,267
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