Baylor Medical Center at Waxahachie

EIN: 751844139 501(c)(3) Health Care

Dallas, TX

Total Revenue
$310,961,460
Total Expenses
$266,352,485
Total Assets
$430,265,916
Net Assets
$407,523,477
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
TX
Principal Officer
Will Turner
Phone
2148204135
Tax Period
2023-07-01 to 2024-06-30

Baylor Medical Center at Waxahachie, founded in 1982, is a major nonprofit in the Health Care sector that reported $311.0M in total revenue in fiscal year 2023. Expenses of $266.4M left a modest 14% surplus.

Mission

Faith based acute care hospital providing exemplary patient care, medical education, medical research and community service to Waxahachie, Texas and the surrounding 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 (2023)

Revenue Breakdown

Contributions & Grants $7,708,361
Program Service Revenue $290,783,270
Investment Income $11,626,673
Other Revenue $843,156
TOTAL REVENUE $310,961,460

Expense Breakdown

Grants Paid $285,560
Salaries & Benefits $91,229,941
Fundraising Expenses $0
Program Expenses $233,357,645
Other Expenses $174,836,984
TOTAL EXPENSES $266,352,485

Year-over-Year Comparison

2023 2022 Change
Revenue $310,961,460 $291,110,024 +0.1%
Expenses $266,352,485 $230,741,533 +0.2%
Net Income $44,608,975 $60,368,491 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
8
Employees
1127
Volunteers
125

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
$1,911,597
Total Directors
10
$1,152,662
Key Employees
3
$1,472,947
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Amy Wilson MD Trustee 1.00
Director
$0 $45,189 $599,189
Paul Madeley MD Trustee 1.00
Director
$0 $41,779 $553,473
Harry Neil Dugger Trustee/Chair 1.00
Officer Director
$0 $0 $0
Vince Hawkins Trustee 1.00
Director
$0 $0 $0
Wendy Hermes JD Trustee 1.00
Director
$0 $0 $0
Marissa Hernandez Trustee/Vice Chair 1.00
Officer Director
$0 $0 $0
Lisa Hultz Trustee 1.00
Director
$0 $0 $0
J Kent Newsom Trustee 1.00
Director
$0 $0 $0
Rodrick Robinson Trustee 1.00
Director
$0 $0 $0
Jeffrey Schmeltekopf Trustee 1.00
Director
$0 $0 $0
William Turner President/CEO 40.00
Officer
$726,208 $229,344 $955,552
Grant Teegarden Secretary 1.00
Officer
$0 $81,438 $615,767
Sabrina Johnson VP CFO 40.00
Officer
$311,133 $29,145 $340,278
Thomas G Ledbetter MD SVP CMO 40.00
Key Emp
$817,054 $35,932 $852,986
Justin Pond VP COO 40.00
Key Emp
$297,517 $14,133 $311,650
Elizabeth Ortiz VP CNO 40.00
Key Emp
$285,728 $22,583 $308,311
Andrew Eller Director Nursing 40.00
Highest
$197,855 $37,815 $235,670
Cynthia Hale Dir Nursing Clinical Excel 40.00
Highest
$199,130 $31,713 $230,843
Gary Pillans Director Surgical Services 40.00
Highest
$202,251 $26,258 $228,509
Gerardo Reyes Nuclear Med Tech 58.00
Highest
$202,073 $22,679 $224,752
Jaime Martin Director Nursing 40.00
Highest
$196,057 $26,241 $222,298
Jason Whitfield Former Officer 0.00
$0 $40,795 $1,046,988
Cindy Murray Former Key Employee 0.00
$0 $54,965 $432,450
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 $310,961,460 $266,352,485 $430,265,916 $44,608,975
2023 $291,110,024 $230,741,533 $370,168,649 $60,368,491
2022 $276,327,695 $227,763,443 $319,691,402 $48,564,252
2021 $249,419,770 $193,123,691 $302,796,293 $56,296,079
2020 $211,050,678 $186,904,422 $267,383,771 $24,146,256
2019 $200,654,852 $168,387,200 $226,789,881 $32,267,652
2018 $177,396,994 $157,388,049 $242,651,505 $20,008,945
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