Homestead Hospital Inc

Organization Overview

Homestead Hospital Inc is located in Homestead, FL. The organization was established in 1991. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2023, Homestead Hospital Inc employed 1,609 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homestead Hospital 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 09/2022, Homestead Hospital Inc generated $425.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $451.7m during the year ending 09/2022. While expenses have increased by 2.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEE FORM 990, PART III, LINE 1

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director
$0
Name Not Listed
Director
$0
Name Not Listed
Director
$0
Name Not Listed
Director
$0
Name Not Listed
Director
$0
Name Not Listed
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
South Dade Medical Group Llp
Physician Services
$4,973,073
Aya Healthcare Inc
Contract Labor
$10,291,115
Greater Miami Anesthesia Services Pa
Physician Services
$4,527,385
Management Health System Llc
Software Support
$2,997,209
Nuwest Group Holdings Llc
Contract Labor
$2,567,890
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$587,996
Government grants $1,081,037
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$1,669,033
Total Program Service Revenue$421,650,092
Investment income $126,003
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $72,020
Net Gain/Loss on Asset Sales $51,332
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $425,552,270

Peer Organizations

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$758,112,762
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Cobb Hospital
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$888,807,644
South Miami Hospital Inc
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$763,720,505
Boca Raton Regional Hospital Inc
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$654,580,710
Holy Cross Hospital Inc
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$609,413,165
Piedmont Athens Regional Medical Center Inc
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$694,294,485
Fayette Community Hospital Inc
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$606,357,965
Bethesda Hospital Inc
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$417,756,065
Mobile Infirmary Association
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$574,326,393
Trustees Of Mease Hospital Inc
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$541,895,408
Piedmont Henry Hospital Inc
Stockbridge, GA
$524,720,589
The Medical Center Inc
Columbus, GA
$511,893,899
Winter Haven Hospital Inc
Winter Haven, FL
$439,082,460
Homestead Hospital Inc
Homestead, FL
$425,552,270
St Anthonys Hospital Inc
St Petersburg, FL
$466,653,551
Candler Hospital Incorporated
Savannah, GA
$469,188,812

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