Flagler Hospital Inc
- Assets
- $544.2m
- Revenue
- $309.6m
- Investments
- $3.8m
- Employees
- 2,250
- Location
- St Augustine, FL
- Founding
- 01/1938
- Data as of
- 09/2020
- EIN
- 59-0675143
Organization Overview
Flagler Hospital Inc is located in St Augustine, FL. The organization was established in 1938. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Flagler Hospital Inc employed 2,250 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flagler Hospital 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 09/2020, Flagler Hospital Inc generated $309.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $306.3m during the year ending 09/2020. While expenses have increased by 3.5% per year over the past 6 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.
Since 2015, Flagler Hospital Inc has awarded 71 individual grants totaling $2,462,424. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
BECOME A TOTAL CARE ENTERPRISE THAT ADVANCES THE PHYSICAL, SOCIAL, AND ECONOMIC HEALTH OF THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE ITS FOUNDING IN 1889, OUR PRIVATE, NOT-FOR-PROFIT FACILITY HAS GROWN INTO A DIVERSE CLINICAL ENTERPRISE THAT IS CONSISTENTLY RECOGNIZED NATIONALLY FOR CLINICAL EXCELLENCE BY HEALTHGRADES, TRUVEN, AND OTHER COMPARATIVE QUALITY DATA ORGANIZATIONS. HOSPITAL SERVICES ARE PROVIDED TO INPATIENTS AND OUTPATIENTS, INCLUDING CHARITY CARE TO THE INDIGENT AND OTHER PATIENTS. PLEASE SEE SCHEDULE H FOR DETAILS ON COMMUNITY BENEFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason P Barrett President/ceo | Officer | 50 | $571,702 |
Miguel A Machado Cmo | Officer | 50 | $459,453 |
Carlton Devooght Sevp/cao | Officer | 50 | $390,240 |
Todd Batenhorst VP Of Primary & Ambulatory Care | Officer | 50 | $360,123 |
Murray S Marsh Jr CFO (to Nov 2020) | Officer | 50 | $328,036 |
Julia Click Chief Human Resource Officer (former) | 0 | $273,336 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
First Coast Heart & Vas Medical Services | 9/29/21 | $20,210,156 |
Stellar Group Medical Services | 9/29/21 | $15,162,247 |
First City Hospitalist Group Medical Services | 9/29/21 | $2,857,957 |
Cancer Specialists Of North Florida Medical Services | 9/29/21 | $2,507,796 |
Cardiothoracic & Vascular Surgical Assoc Medical Services | 9/29/21 | $935,325 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,743,314 |
| Investment income | $3,231,200 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,920,311 |
| Net Gain/Loss on Asset Sales | $2,475,958 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $49,713 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $309,596,156 |
| Statement of Expenses | |
|---|---|
| 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. | $3,069,834 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,150,342 |
| Pension plan accruals and contributions | $2,469,721 |
| Other employee benefits | $13,711,481 |
| Payroll taxes | $6,985,860 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $824,316 |
| Fees for services: Accounting | $100,200 |
| Fees for services: Lobbying | $441,069 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $54,289,377 |
| Advertising and promotion | $1,162,504 |
| Office expenses | $1,619,119 |
| Information technology | $6,244,539 |
| Royalties | $0 |
| Occupancy | $3,569,229 |
| Travel | $503,326 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,998,909 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,646,959 |
| Insurance | $5,723,165 |
| All other expenses | $0 |
| Total functional expenses | $306,314,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,525,346 |
| Savings and temporary cash investments | $47,647,636 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,287,663 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,994,049 |
| Inventories for sale or use | $8,250,382 |
| Prepaid expenses and deferred charges | $3,316,810 |
| Investments—publicly traded securities | $88,140,228 |
| Investments—other securities | $3,827,559 |
| Investments—program-related | $3,981,867 |
| Intangible assets | $24,439,604 |
| Other assets | $38,007,241 |
| Total assets | $544,176,873 |
| Accounts payable and accrued expenses | $48,876,867 |
| Grants payable | $0 |
| Deferred revenue | $3,813,234 |
| Tax-exempt bond liabilities | $222,665,098 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $13,049,464 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $52,079,130 |
| Total liabilities | $340,483,793 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $203,693,080 |
Grants Awarded
Over the last fiscal year, Flagler Hospital Inc has awarded $542,810 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
St Augustine, FL PURPOSE: OPERATIONAL SUPPORT AND PROGRAM ASSISTANCE | $150,000 |
Ponte Vedra Beach, FL PURPOSE: OPERATIONAL SUPPORT AND PROGRAM ASSISTANCE | $87,860 |
Ponte Vedra, FL PURPOSE: OPERATIONAL SUPPORT AND PROGRAM ASSISTANCE | $85,000 |
Jacksonville, FL PURPOSE: OPERATIONAL SUPPORT AND PROGRAM ASSISTANCE | $50,000 |
St Augustine, FL PURPOSE: OPERATIONAL SUPPORT AND PROGRAM ASSISTANCE | $50,000 |
Dallas, TX PURPOSE: OPERATIONAL SUPPORT AND PROGRAM ASSISTANCE | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Flagler Hospital Inc has recieved totaling $19,378.
| Awarding Organization | Amount |
|---|---|
Northeast Florida Healthcare Coalition Inc Jacksonville, FL PURPOSE: MATERIALS AND TRAINING | $19,378 |
Endowment Analysis
| Beg. Balance | $4,064,225 |
| Net Contributions | $50 |
| Ending Balance | $4,064,275 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Community Hospital Inc Tampa, FL | $1,235,213,568 | $915,701,443 |
Morton Plant Hospital Association Inc Clearwater, FL | $1,389,589,934 | $934,836,650 |
Mount Sinai Medical Center Of Florida Inc Miami Beach, FL | $992,427,664 | $901,856,611 |
Shands Jacksonville Medical Center Inc Jacksonville, FL | $750,537,278 | $894,366,475 |
Lakeland Regional Medical Center Inc Lakeland, FL | $799,528,886 | $860,757,084 |
Tallahassee Memorial Healthcare Inc Tallahassee, FL | $1,130,180,703 | $783,859,263 |
Baptist Hospital Inc Pensacola, FL | $1,048,797,666 | $758,112,762 |
Medical Center Of Central Georgia Inc Macon, GA | $1,397,526,718 | $800,413,800 |
Holmes Regional Medical Center Rockledge, FL | $903,830,612 | $776,752,725 |
Phoebe Putney Memorial Hospital Inc Albany, GA | $729,879,818 | $712,342,689 |
Cobb Hospital Marietta, GA | $403,732,052 | $857,038,951 |
South Miami Hospital Inc Miami, FL | $413,367,432 | $763,720,505 |