Fishermens Health Inc
- Assets
- $57.8m
- Revenue
- $66.3m
- Investments
- $0.0
- Employees
- 135
- Location
- Marathon, FL
- Founding
- 10/2017
- Data as of
- 09/2023
- 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 09/2023, Fishermens Health Inc employed 135 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 09/2023, Fishermens Health Inc generated $66.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 40.9% each year . All expenses for the organization totaled $52.3m during the year ending 09/2023. While expenses have increased by 23.6% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE FORM 990, PART III, LINE 1
Describe the Organization's Program Activity:
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 2 | $0 |
Name Not Listed Director - Beg 07/2023 | Trustee | 2 | $0 |
Name Not Listed Director - End 07/2023 | Trustee | 2 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Name Not Listed Chairman - End 07/2023 | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Robins & Morton Group Construction Services | 9/29/23 | $2,605,065 |
Shi Keys Llc Physician Services | 9/29/23 | $1,324,900 |
Aya Healthcare Inc Contract Labor | 9/29/23 | $1,302,090 |
Soliant Health Contract Labor | 9/29/23 | $734,437 |
Titan Medical Group Llc Physician Services | 9/29/23 | $1,237,977 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $388,933 |
| 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 | $388,933 |
| Total Program Service Revenue | $63,467,140 |
| Investment income | $6,084 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $99,650 |
| Net Gain/Loss on Asset Sales | $480 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $66,339,243 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $150,162 |
| Compensation of current officers, directors, key employees. | $150,162 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,625,918 |
| Pension plan accruals and contributions | $362,889 |
| Other employee benefits | $759,661 |
| Payroll taxes | $672,598 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $63,700 |
| 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 | $6,952,883 |
| Advertising and promotion | $239,055 |
| Office expenses | $1,564,986 |
| Information technology | $1,831,436 |
| Royalties | $0 |
| Occupancy | $1,038,912 |
| Travel | $54,612 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $808,192 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,013,099 |
| Insurance | $296,689 |
| All other expenses | $1,135,831 |
| Total functional expenses | $52,275,783 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,650 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,797,444 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,402,664 |
| Prepaid expenses and deferred charges | $245,843 |
| Net Land, buildings, and equipment | $43,985,938 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,395,630 |
| Total assets | $57,829,169 |
| Accounts payable and accrued expenses | $12,290,044 |
| Grants payable | $0 |
| Deferred revenue | $11,662 |
| Tax-exempt bond liabilities | $25,591,063 |
| 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 | $2,146,182 |
| Total liabilities | $40,038,951 |
| Net assets without donor restrictions | $14,067,111 |
| Net assets with donor restrictions | $3,723,107 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $57,829,169 |