Florida Hospital Engineers Association
- Assets
- $1.0m
- Revenue
- $584.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Altamonte Springs, FL
- Founding
- 04/1995
- Data as of
- 01/2023
- EIN
- 59-3289879
Organization Overview
Florida Hospital Engineers Association is located in Altamonte Springs, FL. The organization was established in 1995. According to its NTEE Classification (E20) the organization is classified as: 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. Florida Hospital Engineers Association 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 01/2023, Florida Hospital Engineers Association generated $584.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $728.0k during the year ending 01/2023. While expenses have increased by 9.6% per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE PROFESSIONAL ROLE OF THE HEALTHCARE ENGINEER AND ADVANCE THE DEVELOPMENT OF HEALTHCARE ENGINEERING THROUGH EFFECTIVE COMMUNICATION, EDUCATIONAL OPPORTUNITIES AND ESTABLISHMENT OF PROFESSIONAL STANDARDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF MEMBERS
ASSISTANCE IN COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derrick Nail Director | Trustee | 1 | $0 |
Kevin Daniel Director | Trustee | 1 | $0 |
Felix Robinson Director | Trustee | 1 | $0 |
Russell Schilling Treasurer | OfficerTrustee | 1 | $0 |
Paul Hamilton Director | Trustee | 1 | $0 |
Lamar Bragg President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $53,630 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,079 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $178,709 |
| Total Program Service Revenue | $417,530 |
| Investment income | $12,544 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$24,804 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $583,979 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $26,080 |
| 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 | $68,700 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,000 |
| 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 | $5,063 |
| Information technology | $6,301 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $60,386 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $413,587 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,035 |
| All other expenses | $4,650 |
| Total functional expenses | $728,043 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $195,330 |
| Savings and temporary cash investments | $27,151 |
| 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 | $778,984 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,001,465 |
| 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 | $1,001,465 |
| Total liabilities and net assets/fund balances | $1,001,465 |
Grants Awarded
Over the last fiscal year, Florida Hospital Engineers Association has awarded $26,080 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ALLEGRO PRODUCTIONS INC PURPOSE: Science Education for FL Schools | $16,380 |
VOLUNTEER FLORIDA FOUNDATION PURPOSE: Disaster relief from Hurrican Ian | $9,700 |