Fishermens Health Inc
- Assets
- $36.3m
- Revenue
- $29.7m
- Investments
- $0.0
- Employees
- 113
- Location
- Marathon, FL
- Founding
- 10/2017
- Data as of
- 09/2020
- EIN
- 82-1682066
Organization Overview
Fishermens Health Inc is located in Marathon, FL. The organization was established in 2017. 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 09/2021, Fishermens Health Inc employed 113 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fishermens Health 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 09/2020, Fishermens Health Inc generated $29.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 37.7% each year . All expenses for the organization totaled $28.2m during the year ending 09/2020. While expenses have increased by 18.9% per year over the past 5 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
2020
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) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Robins & Morton Group Construction Services | 9/29/21 | $12,149,719 |
Criticare Inc Physician Services | 9/29/21 | $1,600,000 |
Monroe Concrete Products Inc Construction Services | 9/29/21 | $622,638 |
The Trane Company Construction Services | 9/29/21 | $491,085 |
Consolidated Electrical Distributions Inc Construction Services | 9/29/21 | $321,824 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,670,566 |
| Investment income | $1,237 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $76,070 |
| Net Gain/Loss on Asset Sales | $18,764 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,680,090 |
| 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. | $260,574 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,061,942 |
| Pension plan accruals and contributions | $144,076 |
| Other employee benefits | $721,337 |
| Payroll taxes | $498,542 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,060 |
| 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 | $4,591,388 |
| Advertising and promotion | $84,222 |
| Office expenses | $748,389 |
| Information technology | $1,419,803 |
| Royalties | $0 |
| Occupancy | $511,178 |
| Travel | $27,299 |
| 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 | $1,062,827 |
| Insurance | $506,352 |
| All other expenses | $0 |
| Total functional expenses | $28,153,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,650 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,306,640 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $300,585 |
| Prepaid expenses and deferred charges | $117,354 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,741,754 |
| Total assets | $36,340,894 |
| Accounts payable and accrued expenses | $3,860,702 |
| Grants payable | $0 |
| Deferred revenue | $3,953,099 |
| 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 | $42,021,578 |
| Total liabilities | $49,835,379 |
| 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 |
| Total liabilities and net assets/fund balances | -$13,494,485 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fishermens Health Inc has recieved totaling $2,522,310.
| Awarding Organization | Amount |
|---|---|
Baptist Health South Florida Foundation Inc Coral Gables, FL PURPOSE: OPERATIONS, PROPERTY & EQUIPMENT ACQUISITIONS | $2,522,310 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crisp Regional Hospital Inc Cordele, GA | $164,464,771 | $118,380,453 |
Upson County Hospital Inc Thomaston, GA | $251,563,523 | $131,936,777 |
Meadows Regional Medical Center Inc Vidalia, GA | $156,126,750 | $94,571,212 |
Union County Hospital Authority Blairsville, GA | $160,833,758 | $123,519,660 |
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 |