South Florida Hospital Association Inc
- Assets
- $268.7k
- Revenue
- $505.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Plantation, FL
- Founding
- 01/1965
- Data as of
- 12/2023
- EIN
- 59-0979494
Organization Overview
South Florida Hospital Association Inc is located in Plantation, FL. The organization was established in 1965. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, South Florida Hospital Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Florida Hospital Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, South Florida Hospital Association Inc generated $505.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $633.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 9 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
REGIONAL HEALTHCARE PROVIDER ASSOCIATION THAT SERVES AS AN ADVOCATE, FACILITATOR AND EDUCATOR FOR ITS MEMBERS AND SEEKS TO IMPROVE THE LOCAL HEALTHCARE INDUSTRY THROUGH INTERACTION AND COMMUNICATION. THE ASSOCIATION SEEKS TO IMPROVE THE EFFICIENT DELIVERY OF QUALITY HEALTHCARE SERVICES TO OUR COMMUNITIES BY CHAMPIONING COLLABORATION AND COMMUNICATION AMONG LEADERS ACROSS THE HEALTHCARE CONTINUUM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION SERVES AS A COOPERATIVE ALLEGIANCE BETWEEN HEALTHCARE PROVIDERS THROUGHOUT SOUTH FLORIDA. THE ASSOCIATION ALSO PROVIDES SPECIAL PROJECTS AND EVENTS SUCH AS EDUCATIONAL PROGRAMS AND SEMINARS, LEGISLATIVE ADVOCACY, SHARED SERVICES AND NETWORKING OPPORTUNITIES FOR ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jaime Caldwell President | Officer | 38 | $148,932 |
Lourdes DE Los Rios Barroso Vice Preside | Officer | 38 | $89,048 |
David Wagner Director | Trustee | $0 | |
Scott Ross MD Director | Trustee | $0 | |
Steve Demers Director | Trustee | $0 | |
William Duquette Director | OfficerTrustee | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Andrew Kurth Kenyon Llp Attorneys Fees | 12/30/18 | $124,750 |
J Kennedy And Associates Inc Consultants | 12/30/18 | $100,608 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $473,933 |
| 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 | $473,933 |
| Total Program Service Revenue | $30,940 |
| Investment income | $121 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $504,994 |
| 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. | $237,980 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,030 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $56,987 |
| Payroll taxes | $19,916 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,570 |
| Advertising and promotion | $700 |
| Office expenses | $1,108 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,498 |
| Travel | $6,621 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $101,685 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,818 |
| All other expenses | $8,000 |
| Total functional expenses | $633,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $198,012 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $67,500 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,231 |
| Total assets | $268,743 |
| Accounts payable and accrued expenses | $37,175 |
| 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 | $77,884 |
| Total liabilities | $115,059 |
| Net assets without donor restrictions | $153,684 |
| 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 | $268,743 |