H H Holdings Inc

Organization Overview

H H Holdings Inc is located in Daytona Beach, FL. The organization was established in 1997. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., 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. H H Holdings 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 09/2023, H H Holdings Inc generated $6.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $120.2k during the year ending 09/2023. While expenses have increased by 21.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

HH HOLDINGS (THE CORPORATION)IS A SUPPORTING ORGANIZATION FOR HALIFAX HOSPITAL MEDICAL CENTER D/B/A HALIFAX HEALTH (EIN: 59-6001217). THE CORPORATION IS FORMED FOR THE SPECIFIC PURPOSE OF PROVIDING HEALTH CARE SERVICES AND ESTABLISHING HEALTH CARE FACILITIES IN THE COMMUNITY ON ITS OWN, AND IN CONJUNCTION WITH OTHERS, IN ORDER TO EFFECTIVELY MEET THE NEEDS OF THE COMMUNITY SERVED BY HALIFAX HEALTH. IN THAT MANNER, THE CORPORATION WILL SERVE TO PROMOTE THE GENERAL HEALTH OF THE CITIZENS OF THE DISTRICT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HH HOLDINGS INVESTS APPROXIMATELY 175 MILLION OF CASH AND INVESTMENTS AS WELL AS MANAGES VARIOUS STRATEGICALLY LOCATED PROPERTIES WITH A COMBINED BOOK VALUE OF APPROXIMATELY 17 MILLION.


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Board, Officers & Key Employees

Name (title)Compensation
Carl Lentz III MD
Chairman
$0
Glenn Ritchey
Vice Chair
$0
Harold Goodemote
Secretary
$0
Tom Mccall
Treasurer
$0
Alan Florez
Member
$0
Michael Munier MD
Member
$0

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$0
Investment income $5,024,854
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $776,734
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 $6,033,572

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