BAYADA HOME CARE

EIN: 473268151 501(c)(3) Health Care

HONOLULU, HI

Total Revenue
$42,689,456
Total Expenses
$38,361,454
Total Assets
$16,343,098
Net Assets
$12,920,225
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
HI
Principal Officer
DAVID BAIADA
Phone
8567931775
Tax Period
2023-01-02 to 2023-12-31

BAYADA HOME CARE, founded in 2015, is a mid-sized nonprofit in the Health Care sector that reported $42.7M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $38.4M left a modest 10% surplus.

Mission

DESCRIPTION OF ORGANIZATION'S MISSION BAYADA HOME CARE (BHC) IS ORGANIZED AND OPERATED TO PROVIDE CHARITABLE HOME HEALTH CARE SERVICES. SUCH CHARITABLE HOME HEALTH CARE SERVICES INCLUDE PROVIDING NURSING CARE AFTER INJURY, ILLNESS OR SURGERY; CARE FOR NEEDS RELATED TO A CHRONIC CONDITION; PHYSICAL THERAPY FOR IMPROVING FUNCTION THROUGH THERAPEUTIC EXERCISE, BALANCE AND COORDINATION TRAINING AND EDUCATION, SPEECH LANGUAGE PATHOLOGY FOR EVALUATING AND TREATING COMMUNICATION AND SWALLOWING PROBLEMS; OCCUPATIONAL THERAPY FOR IMPROVING MOTOR SKILLS AND REASONING ABILITIES, OR TO COMPENSATE FOR PERMANENT LOSS OF FUNCTION; ASSISTIVE CARE (HOME HEALTH AIDE SERVICES) SUCH AS BATHING, DRESSING, AND MEDICATION REMINDERS, MEDICAL SOCIAL WORK SUCH AS MENTAL AND SOCIAL ASSESSMENTS; AND CONNECTING CLIENTS AND FAMILIES TO COMMUNITY. BHC'S PURPOSE IS TO HELP PEOPLE HAVE A SAFE HOME LIFE WITH COMFORT, INDEPENDENCE, AND DIGNITY. BHC WILL PROVIDE THE HIGHEST QUALITY HOME HEALTH CARE SERVICES INCLUDING NURSING, REHABILITATIVE, AND THERAPEUTIC CARE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $23,698
Program Service Revenue $41,858,385
Investment Income $817,384
Other Revenue $-10,011
TOTAL REVENUE $42,689,456

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,793,340
Fundraising Expenses $0
Program Expenses $38,251,454
Other Expenses $6,568,114
TOTAL EXPENSES $38,361,454

Year-over-Year Comparison

2023 2022 Change
Revenue $42,689,456 $35,890,148 +0.2%
Expenses $38,361,454 $33,358,181 +0.1%
Net Income $4,328,002 $2,531,967 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
N/A
Employees
1406
Volunteers
N/A

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
3
$4,143,257
Total Directors
9
$7,107,863
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID BAIADA PRESIDENT 1.0
Officer Director
$0 $19,375 $3,720,161
BRIAN PRESSLER TREASURER 1.0
Director
$0 $13,810 $2,183,688
TANYA HOLCOMB SECRETARY 1.0
Director
$0 $13,176 $824,544
JOSLIENE MILLER DIVISION DIRECTOR 40.0
Highest
$313,858 $11,192 $325,050
PAUL LINDENMUTH TREASURER (THROUGH 8/15/23) 5.0
Officer
$0 $12,467 $289,591
JULIE ANDERSON DIVISION DIRECTOR 40.0
Highest
$241,091 $3,371 $244,462
CHELSEA GORNICHEC DIRECTOR 40.0
Highest
$157,350 $6,831 $164,181
CHRISTINA WHITE DIVISION DIRECTOR 40.0
Highest
$147,192 $13,757 $160,949
ENRICO BALLEZZI DIRECTOR (THROUGH 8/15/23) 5.0
Director
$22,000 $0 $155,505
MELISSA GOUEYTES DIRECTOR 40.0
Highest
$138,604 $5,890 $144,494
P MELAN BAIADA CHAIRMAN (THROUGH 8/15/23) 1.0
Officer Director
$0 $0 $133,505
BARBARA COLIN DIRECTOR (THROUGH 8/15/23) 5.0
Director
$22,000 $0 $24,460
TRACY FUJITA DIRECTOR (THROUGH 8/15/23) 5.0
Director
$22,000 $0 $22,000
DONALD HORNER DIRECTOR (THROUGH 8/15/23) 5.0
Director
$22,000 $0 $22,000
TOM MYLET DIRECTOR (THROUGH 8/15/23) 5.0
Director
$22,000 $0 $22,000
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
2024 No data No data No data No data
2023 $35,890,148 $33,358,181 $28,327,861 $2,531,967
2023 $42,689,456 $38,361,454 $16,343,098 $4,328,002
2022 $36,933,155 $36,675,724 $24,657,621 $257,431
2020 $37,017,891 $35,938,663 $23,434,395 $1,079,228
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