Adventist Health System Sunbelt Inc
88% goes to programs $0 to raise $100 Strong reserves Growing revenue
Adventist Health System Sunbelt Inc is a 501(c)(3) organization based in Altamonte Spg, Florida, registered in 1950, with $8,312,865,593 in FY2024 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
900 Hope Way, Altamonte Spg, FL, 32714 EIN 59-1479658 Since 1950
Revenue (FY2024)
$8.3B
▲ 17.6% vs prior year
Health median: $840K
Expenses (FY2024)
$6.9B
Net assets
$8.7B
Employees
37,154
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating88% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Adventist Health System Sunbelt Inc: 88% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +18% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Adventist Health System Sunbelt Inc: 15 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Adventist Health System Sunbelt Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Adventist Health System Sunbelt Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Operation of 11 acute-care hospitals & related healthcare services.
Contact & location
- Address
- 900 Hope Way, Altamonte Spg, FL, 32714
- City
- Altamonte Spg
- State
- Florida
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $3.2B (FY2013) to $8.3B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $5.4BNet assets $8.7B
Operating margin
17.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$14.1B
Total liabilities
$5.4B
Net assets
$8.7B
Salaries & benefits
$2.8B
42% of expenses
Board members
22
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,312,865,593▲17.6% | $6,857,775,203▲9.2% | $8,718,941,676▲21.7% | $14,087,207,811▲13.9% | 990 |
| 2023 | $7,068,777,044▲13.1% | $6,279,245,270▲8.1% | $7,165,721,068▲18.8% | $12,364,542,205▲12.3% | 990 |
| 2022 | $6,252,705,895▲5.8% | $5,809,231,036▲12.8% | $6,030,562,565▼0.8% | $11,012,939,296▼2.3% | 990 |
| 2021 | $5,907,306,351▲22.4% | $5,148,408,584▲15.7% | $6,079,263,280▲13.4% | $11,276,131,812▲17.9% | 990 |
| 2020 | $4,826,472,683▲2.8% | $4,450,231,883▲11.3% | $5,363,057,962▲9.2% | $9,561,434,235▲7.2% | 990 |
| 2019 | $4,693,907,348▲6.0% | $3,999,356,091▲3.2% | $4,911,370,656▲20.3% | $8,921,698,765▲9.9% | 990 |
| 2018 | $4,426,413,514▲8.5% | $3,876,266,167▲9.3% | $4,081,536,760▲10.3% | $8,117,641,825▲6.3% | 990 |
| 2017 | $4,081,168,229▲4.5% | $3,545,538,889▲0.3% | $3,701,713,155▲16.9% | $7,633,849,846▲6.7% | 990 |
| 2016 | $3,905,892,708▲7.2% | $3,533,878,803▲5.7% | $3,166,219,733▲13.4% | $7,155,851,570▲4.3% | 990 |
| 2015 | $3,643,873,548▲2.5% | $3,341,897,417▲2.7% | $2,791,973,766▲0.2% | $6,857,582,662▼7.1% | 990 |
| 2014 | $3,554,287,841▲10.2% | $3,254,875,267▲11.1% | $2,786,218,733▲10.7% | $7,381,553,307▲4.9% | 990 |
| 2013 | $3,225,219,481 | $2,930,524,205▲2.3% | $2,516,444,311▲12.6% | $7,038,810,789▲11.7% | 990 |
| 2012 | — | $2,865,960,990▲5.6% | $2,235,185,922▲14.1% | $6,299,999,146▲6.5% | 990 |
| 2011 | — | $2,713,748,836▲1.2% | $1,959,637,630▲9.9% | $5,913,996,141▲0.4% | 990 |
| 2010 | — | $2,680,490,732 | $1,782,755,394 | $5,892,298,669 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Bogar Md Linda — $1,798,089 (0.03% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bogar Md Linda | Physician - Heart Transplant | 75 | $1,798,089 |
| Davis Jr Robert Duane | Physician/medical Director | 50 | $1,682,217 |
| Zeeshan Md Ahmad | Physician - Heart Transplant | 85 | $1,639,909 |
| Angelis Md Michael | Physician - Kidney Transplant | 80 | $1,606,053 |
| Chin Md L Thomas | Physician - Liver Transplant | 75 | $1,603,201 |
| Adams Brian | Ceo Central Fl Division | 50 | — |
| Allen Kimberly | Director | 0.3 | — |
| Bigalke John T | Director | 0.4 | — |
| Brooks Stephen | Director (beg 9/24) | 0.5 | — |
| Carlson Ronald | Director | 0.3 | — |
| Cherry Md Robert A | Director | 0.4 | — |
| Cook Timothy | Former Key Employee | 0 | — |
| Craig Carlos J | Dir./vice Chair/secretary | 0.8 | — |
| Davidson James R | Director (end 9/24) | 0.5 | — |
| Deininger Robert | Ceo Ah Central Fl Market | 50 | — |
| Demoraes Dmin Elton | Director (beg 9/24) | 0.3 | — |
| Denslow Kenneth | Dir./vice Chair | 0.8 | — |
| Devore Susan D | Director | 0.3 | — |
| Edris Tricia | Chief Innovation & Partnership Officer | 50 | — |
| Finkler Md Neil | Former Key Employee | 0 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Brasfield & Gorrie LLC | Construction Services | $123,354,925 |
| Huntonbrady Architects PA | Design Services | $23,263,535 |
| Brown Parker & Demarinis Advertising Inc | Marketing Services | $22,480,794 |
| Rothman Orthopaedics of Florida Pllc | Medical Services | $13,493,932 |
| Earl Swensson Associates Inc | Design Services | $12,335,097 |
Grants received · $7.0M total
12 grants to Adventist Health System Sunbelt Inc totaling $7.0M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Northwestern University | Support of research activities | 2023 | $152,935 |
| Matthew 25 Ministries Inc | Humanitarian aid | 2020 | $15,090 |
| Adventist Health System Sunbelt Healthcare Corporation | Creation health patient care project | 2019 | $2,454,187 |
| Northwestern University | Support of research activities | 2019 | $22,923 |
| Adventist Health System Sunbelt Healthcare Corporation | Creation health patient care project | 2018 | $620,920 |
| Northwestern University | Support of research activities | 2018 | $15,142 |
| Adventist Health System Sunbelt Healthcare Corporation | General support | 2017 | $10,000 |
| Northwestern University | Support of research activities | 2017 | $6,649 |
| Adventist Health System Sunbelt Healthcare Corporation | Creation hlth-patient care, metabolism, diabetes, chronic disease mgmt, & gen support | 2016 | $2,803,858 |
| Adventist Health System Sunbelt Healthcare Corporation | Creation hlth-patient care, post-acute care, wellness coord, chronic disease mgmt, & gen support | 2015 | $521,410 |
| Adventist Health System Sunbelt Healthcare Corporation | Creation health-patient care, post-acute care, wellness coordinator | 2014 | $342,192 |
| Florida Health Sciences Center Inc | Support the mission of florida hospital tampa. | 2014 | $10,000 |
Grants made · $36.7M in FY2024
142 grants totaling $36.7M in FY2024 — showing the 15 largest. All grants made by Adventist Health System Sunbelt Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Florida Senior Housing Initiative Inc | General support | $11,442,800 |
| Adventhealth Foundation Inc | General support | $4,950,452 |
| Cristo Rey Orlando High School Inc | General support | $3,000,000 |
| Community Health Centers Inc | General support | $2,732,000 |
| Christian Sharing Center Inc | General support | $2,075,000 |
| Special Hearts Farm Inc | General support | $1,555,040 |
| The Salvation Army | General support | $1,310,000 |
| Central Florida Family Health Center Inc | General support | $1,304,354 |
| United Global Outreach Inc | General support | $1,000,000 |
| Foundation For Seminole State College of Florida Inc | General support | $1,000,000 |
| Aspire Health Partners Inc | General support | $389,208 |
| Florida Endowment Foundation For Vocational Rehabilitation Inc | General support | $350,000 |
| Osceola Mental Health Inc | General support | $302,000 |
| American Heart Association Inc | General support | $261,186 |
| Valencia College Foundation | General support | $255,000 |
Similar organizations in Health
Health
Orlando Health Inc
Orlando, FL
$4.8B
Bannual revenue
Health
Adventist Health System Sunbelt Healthcare Corporation
Altamonte Spg, FL
$3.2B
B+annual revenue
Health
Florida Health Sciences Center Inc
Tampa, FL
$3.2B
Aannual revenue
Health
Shands Teaching Hospital and Clinics Inc
Gainesville, FL
$2.7B
Aannual revenue
Health
Baptist Hospital of Miami Inc
Miami, FL
$2.6B
Aannual revenue
Health
Southern Baptist Hospital of Florida Inc
Jacksonville, FL
$2.6B
Aannual revenue
Health
The Nemours Foundation
Jacksonville, FL
$2.4B
Aannual revenue
Health
H Lee Moffitt Cancer Center and Research Institute Hospital Inc
Tampa, FL
$2.3B
Aannual revenue
Health
St Josephs Hospital Inc
Clearwater, FL
$2.0B
Aannual revenue
Health
Shriners Hospitals For Children
Tampa, FL
$1.8B
B+annual revenue
Compare Adventist Health System Sunbelt Inc
Frequently asked questions
- Is Adventist Health System Sunbelt Inc a legitimate nonprofit?
- Yes. Adventist Health System Sunbelt Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-1479658, based in Altamonte Spg, Florida. Donations are tax-deductible.
- What is Adventist Health System Sunbelt Inc's EIN?
- Adventist Health System Sunbelt Inc's Employer Identification Number (EIN) is 59-1479658.
- How much revenue does Adventist Health System Sunbelt Inc report?
- Adventist Health System Sunbelt Inc reported $8,312,865,593 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Adventist Health System Sunbelt Inc's spending goes to programs?
- Adventist Health System Sunbelt Inc spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Adventist Health System Sunbelt Inc have?
- CharityIndex grades Adventist Health System Sunbelt Inc A, based on program efficiency and fundraising cost.
- How much does Adventist Health System Sunbelt Inc's highest-paid employee make?
- The highest reported compensation on Adventist Health System Sunbelt Inc's latest Form 990 is $1,798,089, paid to Bogar Md Linda (Physician - Heart Transplant).
More nonprofits in Altamonte Spg
Explore more
Data for Adventist Health System Sunbelt Inc (EIN 59-1479658) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.