Orlando Health Medical Group Inc
- Assets
- $112.2m
- Revenue
- $483.1m
- Investments
- $0.0
- Employees
- 4,972
- Location
- Orlando, FL
- Founding
- 02/1997
- Data as of
- 09/2021
- EIN
- 59-3259553
Organization Overview
Orlando Health Medical Group Inc is located in Orlando, FL. The organization was established in 1997. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 09/2023, Orlando Health Medical Group Inc employed 4,972 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orlando Health Medical Group 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, Orlando Health Medical Group Inc generated $483.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $744.9m during the year ending 09/2021. While expenses have increased by 18.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUTPATIENT AND PHYSICIAN SUPPORT SERVICES. PROVISION OF SPECIALTY PHYSICIAN SERVICES, OUTPATIENT PHYSICIAN BILLING SERVICES PROVIDED ON BEHALF OF EXEMPT AFFILIATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Secretary/treasurer/director (until 7/12/23) | OfficerTrustee | 2 | $0 |
Name Not Listed President, Ohmg, Secretary/treasurer (as Of 7/12/23) | OfficerTrustee | 50 | $0 |
Name Not Listed Director, Chairman (as Of 7/12/23) | OfficerTrustee | 1 | $0 |
Name Not Listed President, Ohmg, Chairman (until 7/12/23) | OfficerTrustee | 50 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Name Not Listed Chief Financial Officer, Oh | Officer | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Coverall North America Inc Maintenance & Repair | 9/29/23 | $3,865,015 |
Recker Consulting Llc Computer Services | 9/29/23 | $2,473,067 |
Tegria Services Group Us Inc Consulting Services | 9/29/23 | $2,052,727 |
Jas Enterprises Pllc Physician | 9/29/23 | $1,645,000 |
Uptain Group Inc Financial Services | 9/29/23 | $1,518,629 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $403,609 |
| Investment income | $168,830 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $176,912 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $483,065,303 |
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $536,387,168 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,998,604 |
| Payroll taxes | $23,591,007 |
| Fees for services: Management | $269,367 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,015 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,626,546 |
| Advertising and promotion | $362,149 |
| Office expenses | $7,704,234 |
| Information technology | $11,063,043 |
| Royalties | $0 |
| Occupancy | $35,778,897 |
| Travel | $1,003,158 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,547 |
| Interest | $42,315 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,601,662 |
| Insurance | $15,810,552 |
| All other expenses | $0 |
| Total functional expenses | $744,877,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,046,993 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $65,782 |
| Accounts receivable, net | $36,021,761 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $459,677 |
| Prepaid expenses and deferred charges | $6,383 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $37,849,160 |
| Other assets | $1,174,095 |
| Total assets | $112,173,439 |
| Accounts payable and accrued expenses | $45,478,894 |
| 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 | $52,790,517 |
| Total liabilities | $98,269,411 |
| Net assets without donor restrictions | $838,339 |
| Net assets with donor restrictions | $13,065,689 |
| 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 | $13,904,028 |