Pasco-Pinellas Hillsborough Community Health System Inc
- Assets
- $514.0m
- Revenue
- $370.5m
- Investments
- $0.0
- Employees
- 2,063
- Location
- Wesley Chapel, FL
- Founding
- 07/2008
- Data as of
- 12/2022
- EIN
- 20-8488713
Organization Overview
Pasco-Pinellas Hillsborough Community Health System Inc, operating under the name AdventHealth Wesley Chapel, is located in Wesley Chapel, FL. The organization was established in 2008. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2023, AdventHealth Wesley Chapel employed 2,063 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. AdventHealth Wesley Chapel is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, AdventHealth Wesley Chapel generated $370.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $299.7m during the year ending 12/2022. While expenses have increased by 11.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PROVISION OF MEDICAL CARE TO THE COMMUNITY THROUGH THE OPERATION OF A 169 BED HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF ACUTE CARE HOSPITAL TOTALING 169 BEDS. DURING THE CURRENT YEAR THERE WERE 11,413 ADMISSIONS RESULTING IN 42,957 PATIENT DAYS AND 128,202 OUTPATIENT VISITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Wandersleben Dir/chair/ceo Heartland Region | Trustee | 11.5 | $0 |
Joel Johnson Director/ceo Carrollwood | Trustee | 0.23 | $0 |
Erik Wangsness Director/ceo | OfficerTrustee | 50 | $0 |
Norman Stein Director | Trustee | 0.23 | $3,957 |
Davina Jones Director | Trustee | 0.23 | $614 |
Fred Edmister Director | Trustee | 0.23 | $614 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Greater Florida Anesthesiologists Anesthesia Services | 12/30/23 | $1,441,220 |
Aya Healthcare Inc Medical Staffing Agency | 12/30/23 | $1,528,011 |
Amn Healthcare Inc Medical Staffing Agency | 12/30/23 | $1,400,409 |
Adventist Health Systemsunbelt Inc Db Laundry Services | 12/30/23 | $733,394 |
Philips Healthcare Equipment Maintenance Services | 12/30/23 | $1,305,066 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $281,641 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $281,641 |
| Total Program Service Revenue | $366,619,853 |
| Investment income | $8,465,509 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,896,367 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $370,470,636 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $746,459 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,924,764 |
| Compensation of current officers, directors, key employees. | $1,924,764 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,453,979 |
| Pension plan accruals and contributions | $2,718,143 |
| Other employee benefits | $22,116,766 |
| Payroll taxes | $7,045,355 |
| Fees for services: Management | $0 |
| Fees for services: Legal | -$177,050 |
| Fees for services: Accounting | $72,784 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $840,781 |
| Fees for services: Other | $47,762,066 |
| Advertising and promotion | $1,110,532 |
| Office expenses | $6,168,808 |
| Information technology | $15,351,212 |
| Royalties | $0 |
| Occupancy | $7,280,746 |
| Travel | $112,118 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $564,934 |
| Interest | $3,546,984 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,415,836 |
| Insurance | $3,457,437 |
| All other expenses | $313,327 |
| Total functional expenses | $299,697,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,148 |
| Savings and temporary cash investments | $233,153,876 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $53,025,496 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,536,480 |
| Prepaid expenses and deferred charges | $23,822,452 |
| Net Land, buildings, and equipment | $184,180,104 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,308,097 |
| Total assets | $514,029,653 |
| Accounts payable and accrued expenses | $13,427,232 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $138,394,516 |
| Total liabilities | $151,821,748 |
| Net assets without donor restrictions | $362,207,905 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $514,029,653 |
Grants Awarded
Over the last fiscal year, Pasco-Pinellas Hillsborough Community Health System Inc has awarded $468,597 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FELLOWSHIP OF CHRISTIAN ATHLETES PURPOSE: General Support | $5,625 |
ADVENTHEALTH FOUNDATION INC DBA ADVENTHEALTH WESLEY CHAPEL FOUNDATION PURPOSE: Provision of General Administrative Support | $455,472 |
PASCO-HERNANDO STATE COLLEGE FOUNDATION INC PURPOSE: General Support | $7,500 |