Baptist Health South Florida CEO salary and executive pay
Baptist Health South Florida paid its CEO, ALBERT BOULENGER, $5,597,018 for the fiscal year ending September 2025. That is up $1,411,120 (33.7%) from the fiscal year ending September 2024. Baptist Health South Florida ranks 51st of 148 hospital systems on this site by CEO pay. Baptist Health South Florida has 4 Form 990 returns on record, for fiscal years ending 2022 to 2025.
Last updated from IRS e-file data. EIN 65-0267668, Coral Gables, FL.
CEO, fiscal year ending September 2025
$5,597,018
Also listed with a chief executive title on this filing: MICHAEL ZINNER MD (CEO - MIAMI CANCER INSTITUTE), $2,322,726; LINCOLN S MENDEZ (CEO - BOCA RATON REGIONAL HOSPITAL), $1,931,716; WILLIAM G ULBRICHT (CEO - BHM), $1,742,722; ALEXANDRA VILLOCH (CEO - BHSF FOUNDATION), $1,653,546; LOURDES BOUE (CEO - WEST KENDALL BAPTIST HOSPITAL), $1,495,370.
- Total revenue
- $1,433,239,151
- CEO pay vs. peers
- Higher than 93%
Source: Form 990, fiscal year ending September 2025, IRS object ID 202612259349301731.View the filing
Peers: the 120 other hospital systems on this site. Ranked 9th of 121 by top pay as a share of revenue. Pay is 0.39% of revenue, our calculation from the same return. Revenue is Part I, line 12; peers are compared on their latest full-year returns.
The system's largest single return is filed separately by Baptist Hospital of Miami (EIN 59-0910342), so the revenue shown here is this return's own, not the whole system's.
Highest-paid people on the latest return
On the latest return, 13 people were paid more than $1 million and no one else more than $500,000.
| Name and title | Total |
|---|---|
| ALBERT BOULENGER CEO PRESIDENT AND CEO | $5,597,018 |
| MATTHEW ARSENAULTEVP / CFO | $2,640,780 |
| MICHAEL ZINNER MDCEO - MIAMI CANCER INSTITUTE | $2,322,726 |
| GLENN D WATERSEVP / COO | $2,274,767 |
| JOE NATOLIEVP / CAO | $2,182,166 |
CEO pay by year
Each row is the CEO on that year's return.
| Fiscal year ending | Name and title | Total | Revenue | Source |
|---|---|---|---|---|
| Sep 2025 | ALBERT BOULENGER CEO PRESIDENT AND CEO | $5,597,018 | $1,433,239,151 | Filing |
| Sep 2024 | Albert Boulenger CEO President and CEO | $4,185,898 | $1,342,504,676 | Filing |
| Sep 2023 Amended | Albert Boulenger CEO President and CEO - Beg 10/2022 | $3,051,166 | $1,102,432,278 | Filing |
| Sep 2022 | Brian Keeley CEO CEO President | $3,225,968 | $1,802,830,265 | Filing |
How this pay was reported
The parts of each total, as reported on the return for the fiscal year ending September 2025.
Source: Form 990, fiscal year ending September 2025, IRS object ID 202612259349301731.View the filing
| Part VII | Schedule J | |||||||
|---|---|---|---|---|---|---|---|---|
| Name and title | From org | Other | Base | Bonus | Other | Deferred | Nontaxable | Total |
| ALBERT BOULENGERPRESIDENT AND CEO | $4,801,398 | $795,620 | $2,436,737 | $2,341,616 | $23,045 | $741,940 | $53,680 | $5,597,018 |
| MATTHEW ARSENAULTEVP / CFO | $2,216,540 | $424,240 | $1,193,302 | $1,013,983 | $9,255 | $386,248 | $37,992 | $2,640,780 |
| MICHAEL ZINNER MDCEO - MIAMI CANCER INSTITUTE | $2,300,916 | $21,810 | $1,919,335 | $379,727 | $1,854 | $6,900 | $14,910 | $2,322,726 |
| GLENN D WATERSEVP / COO | $2,149,692 | $125,075 | $1,302,937 | $824,761 | $21,994 | $85,258 | $39,817 | $2,274,767 |
| JOE NATOLIEVP / CAO | $2,145,575 | $36,591 | $1,084,520 | $1,049,664 | $11,391 | $6,900 | $29,691 | $2,182,166 |
These figures come from Baptist Health South Florida's Form 990 returns, as the IRS publishes them. The methodology page explains how they're chosen. To report an error, email corrections@ceopaycheck.com.
How Baptist Health South Florida compares
Ranked 51st of 148 hospital systems by CEO pay.
Closest in revenue among the hospital systems on this site:
SSM Health$7,886,813 (CEO), fiscal year ending Dec 2024
Froedtert ThedaCare Health$5,280,159 (CEO), fiscal year ending Jun 2025
BayCare Health System$3,027,169 (CEO), fiscal year ending Dec 2024
Sentara Health$6,375,042 (CEO), fiscal year ending Dec 2024
Mercy$8,335,401 (CEO), fiscal year ending Jun 2025
Common questions
ALBERT BOULENGER (PRESIDENT AND CEO) was paid $5,597,018 for the fiscal year ending September 2025: $4,801,398 from Baptist Health South Florida and $795,620 in other compensation (Part VII columns D and F). Baptist Health South Florida ranks 51st of 148 hospital systems on this site by CEO pay.
The CEO, ALBERT BOULENGER, was the highest-paid person on the latest return, at $5,597,018. Next was MATTHEW ARSENAULT (EVP / CFO), at $2,640,780. On the latest return, 13 people were paid more than $1 million and no one else more than $500,000.
Baptist Health South Florida paid its CEO, ALBERT BOULENGER, $5,597,018 for the fiscal year ending September 2025. That is up $1,411,120 (33.7%) from the fiscal year ending September 2024. The earliest return on record is for the fiscal year ending September 2022, when the CEO was Brian Keeley, paid $3,225,968. By fiscal year end: September 2022, $3,225,968 (Brian Keeley); September 2023, $3,051,166 (Albert Boulenger); September 2024, $4,185,898; September 2025, $5,597,018.
From the 4 Form 990 returns Baptist Health South Florida filed with the IRS for fiscal years ending 2022 to 2025. Schedule J of the fiscal year ending September 2025 return breaks down pay for all 5 people in the pay breakdown above. The methodology page explains how they're chosen.