Munroe Regional Health System Inc
- Assets
- $0.0
- Revenue
- $185.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Ocala, FL
- Founding
- 08/1984
- Data as of
- 09/2021
- EIN
- 59-2390209
Organization Overview
Munroe Regional Health System Inc is located in Ocala, FL. The organization was established in 1984. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Munroe Regional Health System 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 09/2021, Munroe Regional Health System Inc generated $185.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (48.5%) each year. All expenses for the organization totaled $806.0k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Munroe Regional Health System Inc has awarded 91 individual grants totaling $12,739,379. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE MUST PRESERVE THE PUBLIC HEALTH FOR THE PUBLIC GOOD OF ALL MARION COUNTY RESIDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS WERE AWARDED FOR THE FOLLOWING: DIABETES EDUCATION AND PREVENTION; PRESCRIPTION MEDICATION PROGRAM ASSISTANCE; PROGRAM FOR AGES 6 - 14 TO ADDRESS CHILDHOOD OBESITY WITH PHYSICAL ACTIVITY, HEALTHY EATING AND SELF- ESTEEM; IMPLEMENTATION OF THE TRIPLE AIM INITIATIVE INCLUDING 80 ORGANIZATIONS; SMOKING CESSATION PROGRAM AND TOBACCO INTERVENTION; CRISIS ASSESSMENT, REFERRAL AND ENGAGEMENT TEAM AVAILABLE 24 HOURS EACH DAY THAT CAN RESPOND TO BEHAVIORAL HEALTH CRISES; INITIATE A CARE TEAM APPROACH FOR MENTAL HEALTH; MOBILE DENTAL CLINIC IN AN AREA WITHOUT DENTAL CARE; DENTAL CONSORTIUM TO BUILD CAPACITY IN THE COMMUNITY INCLUDING EVENING HOURS FOR ADULT DENTAL SERVICES, INCLUDING AN ANNUAL MEGA CLINIC TO PROVIDE FREE OF CHARGE PORTABLE DENTAL CLINIC; SCHOOL SYSTEM WIDE HEALTH PROGRAM TO HELP DECREASE OBESITY RATE IN MARION COUNTY; ASSIST TO INCREASE THE LATINO COMMUNITY'S DIABETES PREVENTION AND PROVIDE LINKAGE TO TREATMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ram Vasudevan Secretary/tr | OfficerTrustee | 1.15 | $0 |
Debra L Wise Velez COO | Officer | 40 | $0 |
Curt Bromund CEO | Officer | 40 | $0 |
Samuel M Mcconnell III Vice Chairma | Trustee | 1.15 | $0 |
H Randolph Klein Director | Trustee | 1.15 | $0 |
Teresa Stephens Director | Trustee | 1.15 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ocala Heart Institute Inc Rent | 9/29/15 | $616,202 |
Gray Robinson Legal | 9/29/15 | $416,944 |
Carlton Fields Pa Legal | 9/29/15 | $527,887 |
Emergency Acute Care Medical Medical Service | 9/29/15 | $698,507 |
Emcare Inc Medical Service | 9/29/15 | $493,401 |
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 | $61,639 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,639 |
| Total Program Service Revenue | $0 |
| Investment income | $124,265 |
| 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 | $185,904 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $36,909 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $769,048 |
| Total functional expenses | $805,957 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Munroe Regional Health System Inc has awarded $4,610,215 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
Ocala, FL PURPOSE: CONSTRUCTION | $1,812,604 |
MARION COUNTY BOARD OF COUNTY COMM PURPOSE: MCPHERSON TRAIL | $599,374 |
Ocala, FL PURPOSE: GRANT RESEARCH | $584,500 |
Ocala, FL PURPOSE: MENTAL | $349,972 |
Ocala, FL PURPOSE: CARE TEAM | $214,071 |
Washington, DC | | $209,984 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Munroe Regional Health System Inc has recieved totaling $230,345.
| Awarding Organization | Amount |
|---|---|
The Community Foundation For Ocala Marion County Inc Ocala, FL PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION | $230,345 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wellstar Atlanta Medical Center Inc Marietta, GA | $0 | $67,312,967 |
Russell Hospital Corporation Alexander City, AL | $200,974,308 | $111,392,517 |
Mariners Hospital Inc Tavernier, FL | $48,033,960 | $113,328,759 |
Baptist Medical Center Of Nassau I Nc Jacksonville, FL | $163,233,479 | $82,875,770 |
Stephens County Hospital Authority Toccoa, GA | $31,750,136 | $50,289,631 |
Bacon County Health Services Inc Alma, GA | $58,017,559 | $55,115,427 |
Donalsonville Hospital Inc Donalsonville, GA | $42,317,264 | $44,552,738 |
Taylor Regional Hospital Hawkinsville, GA | $27,030,419 | $40,495,793 |
Good Samaritan Hospital Inc Greensboro, GA | $59,786,458 | $36,297,937 |
Chatuge Regional Hospital Inc Hiawassee, GA | $18,176,211 | $37,180,775 |
Fishermens Health Inc Marathon, FL | $36,340,894 | $29,680,090 |
Baker County Medical Services Inc Macclenny, FL | $43,060,539 | $33,154,487 |