Baylor Scott & White Medical Center - Centennial

EIN: 824052186 501(c)(3) Health Care

Dallas, TX

Total Revenue
$177,263,109
Total Expenses
$140,673,755
Total Assets
$219,030,631
Net Assets
$209,461,209
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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
TX
Principal Officer
Wes Tidwell
Phone
2148204135
Tax Period
2024-07-01 to 2025-06-30

Baylor Scott & White Medical Center - Centennial, founded in 2018, is a major nonprofit in the Health Care sector that reported $177.3M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $36.6M, a strong 21% operating margin.

Mission

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

Program Service Accomplishments

Program 1
Expenses: $122,556,245 Revenue: $169,674,278

Baylor Scott & White Medical Center - Centennial (BSW Centennial) is a faith-based, nonprofit, 118-bed acute care hospital providing exemplary patient care services to the residents of Frisco, Texas...

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Baylor Scott & White Medical Center - Centennial (BSW Centennial) is a faith-based, nonprofit, 118-bed acute care hospital providing exemplary patient care services to the residents of Frisco, Texas. BSW Centennial began operations as a tax-exempt nonprofit hospital beginning March 1, 2018.BSW Centennial 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 1,300 patient access points including 53 hospitals, 600+ specialty care clinics, 250+ outpatient clinics, 150+ primary care clinics, 29 pharmacies, 30+ ambulatory surgery centers, 60+ urgent care clinics, and over 7,300 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 approximately 1,200,000 lives.BSW Centennial is a full-service hospital with more than 600 physicians on the medical staff. The hospital services include digestive care, labor and delivery, heart health, emergency and trauma care, surgical services, orthopedics, intensive care, internal medicine, and more. BSW Centennial is the only Trauma Center in Frisco and is also certified as a Primary Stroke Center by the Texas Department of State Health Services and the Joint Commission. The hospital also has the distinction of being the first Level III Maternal facility in Frisco.During the tax year, BSW Centennial admitted 6,005 patients resulting in 24,328 days of care; delivered 1,727 babies and received 22,316 emergency department visits. Additionally, BSW Centennial provided community benefits (as reported to the Texas Department of State Health Services and in accordance with the State of Texas Statutory methodology) of $27,806,074 and provided community benefits (as reported on the Internal Revenue Service (IRS) Form 990, Schedule H) of $10,770,950 during the tax year. The Texas Annual Statement of Community Benefit Standard includes approximately $17,547,238 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 Centennial 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 (2024)

Revenue Breakdown

Contributions & Grants $1,545,098
Program Service Revenue $169,607,587
Investment Income $5,708,192
Other Revenue $402,232
TOTAL REVENUE $177,263,109

Expense Breakdown

Grants Paid $2,429,694
Salaries & Benefits $57,435,188
Fundraising Expenses $0
Program Expenses $122,556,245
Other Expenses $80,808,873
TOTAL EXPENSES $140,673,755

Year-over-Year Comparison

2024 2023 Change
Revenue $177,263,109 $159,433,473 +0.1%
Expenses $140,673,755 $131,135,069 +0.1%
Net Income $36,589,354 $28,298,404 +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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Governance

Voting Members
9
Independent Members
7
Employees
671
Volunteers
148

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
9
$2,796,641
Total Directors
9
$644,044
Key Employees
4
$2,152,806
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Harry Neil Dugger Trustee/Chair 1.00
Officer Director
$0 $0 $0
Marissa Hernandez Trustee/Vice Chair 1.00
Officer Director
$0 $0 $0
Amy Wilson MD Trustee 1.00
Director
$0 $61,857 $644,044
Wendy Hermes JD Trustee 1.00
Director
$0 $0 $0
Lisa Hultz Trustee 1.00
Director
$0 $0 $0
Pamela Linton Trustee 1.00
Director
$0 $0 $0
Timothy Owens 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
Wes Tidwell President/CEO(eff.2/17/2025) 40.00
Officer
$0 $0 $0
Stephanie Miland VP CFO(eff.4/28/2025) 40.00
Officer
$0 $0 $0
Jacob Ryan Gebhart President/CEO(Thru 1/13/2025) 40.00
Officer
$778,244 $87,555 $865,799
Heather Jones VP CFO(Thru 12/31/2024) 40.00
Officer
$291,489 $22,759 $314,248
Dan Rich Interim CFO(Thru 4/27/25) 1.00
Officer
$0 $43,280 $577,288
Grant Teegarden Secretary 1.00
Officer
$0 $87,259 $706,956
Shane O'Neill Interim President/VP COO 40.00
Officer
$201,318 $40,056 $332,350
John F Marcucci MD Interim CMO(eff.1/01/2025) 1.00
Key Emp
$0 $100,009 $812,754
Eric Beshires MD CMO (Thru 12/31/2024) 40.00
Key Emp
$460,572 $51,327 $511,899
Christin Timmons VP CNO(Thru 12/31/2024) 40.00
Key Emp
$294,392 $29,677 $324,069
Susan Moats Interim CNO 1.00
Key Emp
$0 $37,143 $504,084
Heather Carlisle Director Surgical Services 40.00
Highest
$202,173 $37,158 $239,331
Meagan James Director Nursing 40.00
Highest
$193,916 $35,465 $229,381
Olaide Akinniyi RN 47.00
Highest
$270,551 $33,661 $304,212
Mischelle Smoot Manager Pharmacy 40.00
Highest
$196,148 $43,616 $239,764
Rachel Vannoy Dir Nursing 40.00
Highest
$211,027 $18,869 $229,896
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 $177,263,109 $140,673,755 $219,030,631 $36,589,354
2024 $159,433,473 $131,135,069 $180,774,983 $28,298,404
2023 $137,294,277 $120,094,801 $160,302,395 $17,199,476
2022 $123,800,207 $111,104,327 $139,024,391 $12,695,880
2021 $106,216,316 $93,572,782 $137,105,077 $12,643,534
2020 $85,264,452 $88,203,471 $120,336,895 $-2,939,019
2019 $100,283,828 $103,524,265 $123,565,236 $-3,240,437
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