Florida Hospital Healthcare Partners Inc
- Assets
- $26.9m
- Revenue
- $192.8m
- Investments
- $0.0
- Employees
- 1,257
- Location
- Ormond Beach, FL
- Founding
- 04/1947
- Data as of
- 12/2021
- EIN
- 46-2354804
Organization Overview
Florida Hospital Healthcare Partners Inc is located in Ormond Beach, FL. The organization was established in 1947. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Florida Hospital Healthcare Partners Inc employed 1,257 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Florida Hospital Healthcare Partners Inc 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 12/2021, Florida Hospital Healthcare Partners Inc generated $192.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $192.9m during the year ending 12/2021. While expenses have increased by 17.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF PHYSICIAN PRACTICES AND PROVISION OF RELATED MEDICAL SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY MISSION OF FLORIDA HOSPITAL HEALTHCARE PARTNERS, INC. (FHHP) IS TO SERVE THE HEALTH CARE NEEDS OF THE LOCAL COMMUNITY BY PROVIDING BROAD ACCESS TO SERVICES THROUGH VARIOUS PROGRAMS, INCLUDING PHYSICIAN PARTICIPATION IN MEDICARE, MEDICAID, AND BY PROVIDING INDIGENT CARE. THERE WERE 889,784 PATENT VISITS DURING THE CURRENT YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nanavati MD Amit Nitin Physician | 50 | $2,004,633 | |
Guru MD Samir Physician | 50 | $1,523,194 | |
Nasr MD Issam R Physician | 50 | $1,417,918 | |
Vinas MD Federico Physician | 50 | $1,331,963 | |
Mckinley MD Joseph Physician | 50 | $1,236,810 | |
Gilbert-Droge Ilene V Ceo/director | OfficerTrustee | 50 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Integrity Locums Physician Services | 12/30/21 | $1,327,363 |
Mplt Healthcare Llc Staffing Services | 12/30/21 | $1,264,487 |
Recruitwell Staffing Services | 12/30/21 | $535,110 |
Locumtenenscom Llc Physician Services | 12/30/21 | $890,878 |
Scribe Emr Inc Medical Scribe Services | 12/30/21 | $200,880 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $192,736,067 |
| Investment income | $46,174 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $50,422 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $192,832,663 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $1,942,954 |
| Compensation of current officers, directors, key employees. | $1,942,954 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $129,155,360 |
| Pension plan accruals and contributions | $4,581,411 |
| Other employee benefits | $13,948,917 |
| Payroll taxes | $6,265,113 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,095,012 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,949 |
| Fees for services: Other | $19,502,636 |
| Advertising and promotion | $687,677 |
| Office expenses | $2,961,105 |
| Information technology | $891,698 |
| Royalties | $0 |
| Occupancy | $3,883,162 |
| Travel | $147,779 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,588 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $298,374 |
| Insurance | $3,803,596 |
| All other expenses | $22,726 |
| Total functional expenses | $192,868,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,596,268 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,616,770 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $199,902 |
| Net Land, buildings, and equipment | $3,415,923 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,060,896 |
| Total assets | $26,889,759 |
| Accounts payable and accrued expenses | $20,836,109 |
| 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 | $7,284,018 |
| Total liabilities | $28,120,127 |
| Net assets without donor restrictions | -$1,230,368 |
| 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 | $26,889,759 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Florida Hospital Healthcare Partners Inc has recieved totaling $12,090.
| Awarding Organization | Amount |
|---|---|
Memorial Health Systems Inc Daytona Beach, FL PURPOSE: GENERAL SUPPORT | $12,090 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Memorial Health Systems Inc Daytona Beach, FL | $611,778,295 | $526,048,604 |
Tanner Medical Center Inc Carrollton, GA | $1,025,880,697 | $412,043,057 |
West Kendall Baptist Hospital Inc Miami, FL | $288,007,221 | $375,374,668 |
Tanner Medical Center Carrollton, GA | $469,761,069 | $338,508,721 |
Houston Hospitals Inc Warner Robins, GA | $374,033,073 | $309,918,266 |
West Georgia Medical Center Inc Marietta, GA | $243,101,632 | $237,917,313 |
Florida Hospital Healthcare Partners Inc Ormond Beach, FL | $26,889,759 | $192,832,663 |
Viera Hospital Inc Rockledge, FL | $296,417,064 | $158,671,950 |
Piedmont Mountainside Hospital Inc Jasper, GA | $64,178,508 | $116,427,064 |
Phoebe Sumter Medical Center Inc Americus, GA | $158,309,975 | $104,741,740 |
Hughston Hospital Inc Columbus, GA | $85,972,460 | $96,015,417 |
Piedmont Walton Hospital Inc Monroe, GA | $55,011,766 | $113,861,474 |