Community Benefit Reporting
As a not-for-profit organization, Bayhealth is exempt from paying income taxes. However, Bayhealth must document that we spend the monies saved by not paying taxes on health and community building programs for the underprivileged, underserved and uninsured as well as for the broader community.
To prove this spending, Bayhealth must collect this documented information and report it on our annual IRS 990 Schedule H tax form. Reporters from Bayhealth departments help collect community benefit information and the information is entered into a special computer software program which calculates the community benefit expense we are allowed to report on Schedule H.
Some examples of Bayhealth’s community work include:
Free clinics, health screenings and other community education projects
Financial and in-kind contributions to other not-for-profit organizations relating to community benefits
The cost of health profession education and training, as well as health research
The time spent by Bayhealth employees serving on community committees and boards relating to community benefits
The costs of healthcare workforce development and recruitment
We report our Community Benefit Activities because we are required to but the activities themselves represent our mission statement in action: To improve the health status of all members of the Bayhealth community.