BayCare St. Anthony's Hospital
Legal name: St Anthony's Hospital Inc
Nonprofit profile at a glance
- EIN
- 592043026
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Saint Petersburg, FL, US
- Phone
- (727) 825-1100
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $557,829,106
- Expenses
- $508,631,661
- Assets
- $553,842,331
- Liabilities
- $35,515,190
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
29 people listed
Executive titles in this filing
- STEPHANIE CONNERS (EX-OFFICIO TRUSTEE/PRESIDENT & CEO BAYCARE)
- MICHAEL SCOTT SMITH (PRESIDENT ST ANTHONY'S HOSPITAL)
Highest reported compensation
- STEPHANIE CONNERS (EX-OFFICIO TRUSTEE/PRESIDENT & CEO BAYCARE): $3,027,169 total reported compensation
- LOUIS GALDIERI (TRUSTEE/CHIEF OPERATING OFFICER): $1,212,845 total reported compensation
- JOHN HAFFNER (VP/CHIEF MEDICAL OFFICER - SAH): $985,737 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To improve the health of all we serve through community-owned health care services that set the standard for high-quality, compassionate care. AS a part of BayCare Health System, St. Anthony's Hospital is the best place to work, receive and provide care. We are powered by an extraordinary team that delivers quality, drives innovation and embraces inclusivity.
What it reported doing in 2024
St. Anthony's Hospital, Inc (SAH) is a full-service 448-bed community hospital. During 2024, SAH provided inpatient care to 19,952 patients and treated 62,439 patients in the emergency department. Through efforts of the medical assistance program and the hospital's charity care program SAH saw a net community benefit expense of almost $30 million. The hospital also provided other community services totaling more than $6.7 million. Some of the services include services for the St. Petersburg free clinic, Faith Community Nursing and health fairs. Refer to schedule H for additional information.
Operating model
- Revenue model
- Other-operating. 99% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 76
- Accountability: 84
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.8%; rating input score 79
- Program expense ratio: 86.5%; rating input score 86
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 96.9%; rating input score 97; 31st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 89.5%; rating input score 89; 37th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8.8%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 1.09; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 87; 87th percentile among comparable filings
- Officer compensation ratio: 0.8%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: 6.6% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 7.2% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: 10.8% per year; rating input score 100; 74th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 78.8% of revenue deployed · 86.5% of spending went to programs
- Governance: 17 of 19 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $439.9M in reported program spending
- Leadership: top reported pay $3M · 29 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $25.5M reported
- Consistency: 33 of 34 current checks pass · 1 finding to review
- Schedules: 10 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 30 filed money-flow records
- Related organizations: 64 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.