Florida Hospital Ocala Inc
- Assets
- $313.7m
- Revenue
- $406.6m
- Investments
- $2.3m
- Employees
- 2,479
- Location
- Ocala, FL
- Founding
- 04/1947
- Data as of
- 12/2021
- EIN
- 82-4372339
Organization Overview
Florida Hospital Ocala Inc is located in Ocala, FL. The organization was established in 1947. As of 12/2022, Florida Hospital Ocala Inc employed 2,479 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Florida Hospital Ocala 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 12/2021, Florida Hospital Ocala Inc generated $406.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 41.4% each year . All expenses for the organization totaled $384.1m during the year ending 12/2021. While expenses have increased by 33.2% per year over the past 4 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.
Since 2019, Florida Hospital Ocala Inc has awarded 18 individual grants totaling $462,453. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PROVISION OF MEDICAL CARE TO THE COMMUNITY THROUGH THE OPERATION OF A 385 BED HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A 385-BED ACUTE CARE HOSPITAL LOCATED IN MARION COUNTY, FL. DURING THE CURRENT YEAR THERE WERE 18,453 PATIENT ADMISSIONS, 84,166 PATIENT DAYS, AND 144,989 OUTPATIENT VISITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ottati David Director/divisional CEO | OfficerTrustee | 6.8 | $0 |
Didenko Vadym Director/treasurer (end 12/22) | Trustee | 6.8 | $0 |
Hamilton MD Ted Director | Trustee | 0.2 | $0 |
Johnson Joel Director/president/ceo | OfficerTrustee | 50 | $0 |
Biri Abel Director | Trustee | 0.2 | $0 |
Mcguinness Robin Former Key Employee/divisional Cno | 6.8 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Amn Healthcare Inc Medical Staffing Agency | 12/30/22 | $12,187,485 |
Hhs Environmental Services Llc Environmental Services | 12/30/22 | $3,467,371 |
Jackson Coker Locum Tenens Llc Medical Staffing Agency | 12/30/22 | $2,528,699 |
Maxim Healthcare Services Inc Medical Staffing Agency | 12/30/22 | $2,050,750 |
Aya Healthcare Inc Medical Staffing Agency | 12/30/22 | $2,850,571 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,552,866 |
| 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 | $15,552,866 |
| Total Program Service Revenue | $388,371,832 |
| Investment income | $1,208,611 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,504,236 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $406,637,545 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $130,800 |
| 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. | $3,469,564 |
| Compensation of current officers, directors, key employees. | $3,469,564 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $102,456,462 |
| Pension plan accruals and contributions | $3,489,296 |
| Other employee benefits | $24,648,577 |
| Payroll taxes | $7,469,872 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $251,399 |
| Fees for services: Accounting | $70,743 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $103,362 |
| Fees for services: Other | $95,358,761 |
| Advertising and promotion | $2,948,815 |
| Office expenses | $5,233,252 |
| Information technology | $13,934,727 |
| Royalties | $0 |
| Occupancy | $7,959,717 |
| Travel | $60,597 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $277,776 |
| Interest | $2,273,356 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,220,148 |
| Insurance | $4,050,461 |
| All other expenses | $500,910 |
| Total functional expenses | $384,066,566 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,700 |
| Savings and temporary cash investments | $33,442,302 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $43,214,047 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,084,766 |
| Prepaid expenses and deferred charges | $8,793,476 |
| Net Land, buildings, and equipment | $200,043,464 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,290,428 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,790,402 |
| Total assets | $313,662,585 |
| Accounts payable and accrued expenses | $31,700,378 |
| 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 | $132,493,027 |
| Total liabilities | $164,193,405 |
| Net assets without donor restrictions | $149,469,180 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $313,662,585 |
Grants Awarded
Over the last fiscal year, Florida Hospital Ocala Inc has awarded $114,333 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
COLLEGE OF CENTRAL FLORIDA FOUNDATION INC PURPOSE: General Support | $58,333 |
AMERICAN HEART ASSOCIATION INC PURPOSE: General Support | $10,000 |
PUBLIC EDUCATION FOUNDATION OF MARION COUNTY INC PURPOSE: General Support | $6,000 |
MCKENZIE'S MOMENT INC PURPOSE: General Support | $40,000 |