Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

Florida · Not ranked: see note below.

Southern Baptist Hospital of Florida

Michael A Mayo DHA, President. Fiscal year ending 2025-09.

$2.7M
CEO total compensation
Form 990 Part VII, columns D+E+F
2.52%
of expenses spent on charity care
Schedule H Part I line 7a
4.1%
CEO pay as a share of all charity care

Not in the ranking because the chief executive could not be identified from the filing with confidence. The figures below are shown as filed.

Most of the reported compensation ($2,587,578 of $2,654,184) came from a related organization (Part VII column E) and was reported on this filing.

§1The filing

Total revenue
$3,359,403,484
Total expenses
$2,579,324,361
Net assets
$4,015,433,538
Employees
12,693
Hospitals covered
5 facilities across 3 filings
Charity care, net
$65,016,214
Bad debt
$101,108,794
Medicare surplus (shortfall), as filed
($130,131,602)
CEO pay from the organization (Part VII col. D)
$0
From related organizations (col. E)
$2,587,578
Other compensation, including deferred pay and nontaxable benefits (col. F)
$66,606
CEO total compensation (D+E+F)
$2,654,184 to Michael A Mayo DHA

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Southern Baptist Hospital of Florida, EIN 59-0747311, fiscal year ending 2025-09, as published by the IRS. CEO identification: president title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$139.0M Of which charity care to patients who could not pay (line 7a)$65.0M (47%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($101.1M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

§3Filings in this system

Filing entityEINFY endRevenueCharity care% of expensesFiling
Southern Baptist Hospital of Florida Inc59-07473112025-09$3.0B$55.1M2.42%990
Baptist Medical Center of the Beaches Inc59-29806202025-09$243.5M$5.9M3.02%990
Baptist Medical Center of Nassau Inc59-32347212025-09$146.6M$4.0M3.62%990

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

§Share

Southern Baptist Hospital of Florida: CEO pay $2.7M, charity care 2.52% of expenses