Leesburg Regional Medical Center Inc
- Assets
- $413.5m
- Revenue
- $255.2m
- Investments
- $0.0
- Employees
- 2,161
- Location
- Leesburg, FL
- Founding
- 07/1962
- Data as of
- 06/2020
- EIN
- 59-0878982
Organization Overview
Leesburg Regional Medical Center Inc, operating under the name Uf Health Leesburg Hospital, is located in Leesburg, FL. The organization was established in 1962. 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 06/2021, Uf Health Leesburg Hospital employed 2,161 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Uf Health Leesburg Hospital 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 06/2020, Uf Health Leesburg Hospital generated $255.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $242.5m during the year ending 06/2020. While expenses have increased by 0.7% 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, Uf Health Leesburg Hospital has awarded 26 individual grants totaling $486,950. 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
THE MISSION OF LEESBURG REGIONAL MEDICAL CENTER, INC. ("UFHL") IS TO IMPROVE THE HEALTH AND QUALITY OF LIFE OF THE PATIENTS AND COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEESBURG REGIONAL MEDICAL CENTER, INC. ("UFHL"): UFHL IS AN ACUTE CARE HOSPITAL THAT OFFERS WORLD CLASS SERVICES CLOSE TO HOME IN LAKE, SUMTER, AND MARION COUNTIES. LOCATED JUST NORTH OF ORLANDO, FLORIDA, UFHL HAS GROWN FROM A SMALL COMMUNITY HOSPITAL BUILT IN 1963 TO A COMPREHENSIVE MEDICAL CENTER. THE LEESBURG REGIONAL HEART INSTITUTE OFFERS PREMIER CARDIOVASCULAR SERVICES AND IS RECOGNIZED FOR ITS CUTTING-EDGE TECHNOLOGY, OUTSTANDING OUTCOMES, AND CONSISTENTLY HIGH PATIENT SATISFACTION RATINGS. HOME TO ONE OF THE LARGEST OPEN HEART PROGRAMS IN THE STATE, THE LEESBURG REGIONAL HEART INSTITUTE IS PIONEERING MANY GROUNDBREAKING PROCEDURES SUCH AS MINIMALLY-INVASIVE HEART VALVE SURGERY. AT UFHL, WE ARE COMMITTED TO PROVIDING QUALITY CARE AND SERVICE EXCELLENCE. OUR HOSPITAL IS THE REGION'S FIRST DESIGNATED STROKE CENTER WITH THE JOINT COMMISSION SEAL OF APPROVAL, AND WE PROVIDE A MULTIDISCIPLINARY APPROACH TO NEUROSURGICAL CARE. THE JOINT CENTER AT UFHL OFFERS WORLD-CLASS ORTHOPEDIC SERVICES SUCH AS HIP AND KNEE REPLACEMENTS, AND THE HOSPITAL ALSO FEATURES STATE OF THE ART DIAGNOSTIC IMAGING, EMERGENCY ROOM, LABOR AND DELIVERY, PEDIATRIC SERVICES, CANCER CARE AND SO MUCH MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director (through September 2020) | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cardiovascular Anesthesia Consultants Anesthesia Services | 6/29/21 | $1,250,246 |
Florida Clinical Practice Association Inc Physician And Professional Medical Services | 6/29/21 | $4,906,992 |
Teamhealth Anesthesia Anesthesia Services | 6/29/21 | $1,186,635 |
Total Renal Care Dialysis Services | 6/29/21 | $1,000,164 |
Leesburg Cardiovascular Associates Physician Services | 6/29/21 | $1,170,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,743,782 |
| Investment income | $7,283,973 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $474,479 |
| Net Gain/Loss on Asset Sales | $103,880 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $255,247,174 |
| 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. | $3,801,104 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $85,288,122 |
| Pension plan accruals and contributions | $2,063,035 |
| Other employee benefits | $11,408,440 |
| Payroll taxes | $6,084,627 |
| Fees for services: Management | $1,875,168 |
| Fees for services: Legal | $455,140 |
| Fees for services: Accounting | $232,963 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,027,009 |
| Advertising and promotion | $1,348,966 |
| Office expenses | $560,676 |
| Information technology | $4,727,389 |
| Royalties | $0 |
| Occupancy | $3,942,427 |
| Travel | $46,304 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $138,390 |
| Interest | $1,638,763 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,297,396 |
| Insurance | $2,462,496 |
| All other expenses | $0 |
| Total functional expenses | $242,460,241 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,398,282 |
| Savings and temporary cash investments | $3,076,824 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,956,309 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,416,425 |
| Prepaid expenses and deferred charges | $5,789,613 |
| Investments—publicly traded securities | $130,973,661 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $42,697,460 |
| Total assets | $413,507,047 |
| Accounts payable and accrued expenses | $69,566,701 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $38,179,319 |
| 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 | $9,117,161 |
| Total liabilities | $116,863,181 |
| 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 | $296,643,866 |
Grants Awarded
Over the last fiscal year, Leesburg Regional Medical Center Inc has awarded $36,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
The Villages, FL PURPOSE: Program Support | $20,000 |
The Villages, FL PURPOSE: Program Support | $10,000 |
Leesburg, VA PURPOSE: Program Support | $6,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Leesburg Regional Medical Center Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
D Richard Mead Charitable Foundation Chicago, IL PURPOSE: GENERAL | $5,000 |
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 |