Florida Hospital Medical Group Inc
501(c)(3) Donations tax-deductible
90% goes to programs $0 to raise $100 Thin reserves Growing revenue
Florida Hospital Medical Group Inc is a 501(c)(3) organization based in Maitland, Florida, registered in 1990, with $1,116,995,832 in FY2024 revenue. CharityIndex grades it B+, and it directs about 90% of spending to programs.
2600 Westhall Ln Ste 4, Maitland, FL, 32751 EIN 59-3214635 Since 1990
Revenue (FY2024)
$1.1B
▲ 7.3% vs prior year
Expenses (FY2024)
$1.1B
Net assets
$76.7M
Employees
5,262
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
A+Program efficiency40% of the rating90% 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 Florida Hospital Medical Group Inc: 90% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +0% 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 Florida Hospital Medical Group Inc: 1 mo reserves · +0% margin earns a C+ on this criterion. See the exact thresholds →
BGovernance25% of the rating4 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 Florida Hospital Medical Group Inc: 4 of 6 checks met earns a B 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 Florida Hospital Medical Group Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Operation of physician practices and provision of related medical services.
Contact & location
Financial trends
Revenue grew from $375.1M (FY2013) to $1.1B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $241.5MNet assets $76.7M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$318.2M
Total liabilities
$241.5M
Net assets
$76.7M
Salaries & benefits
$906.2M
81% of expenses
Board members
4
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,116,995,832▲7.3% | $1,116,933,695▲6.8% | $76,674,459 | $318,196,217▲4.4% | 990 |
| 2023 | $1,041,103,141▲19.4% | $1,045,470,854▲20.9% | $76,674,459 | $304,698,326▲15.2% | 990 |
| 2022 | $871,635,550▲12.4% | $864,647,972▲11.4% | $76,674,459 | $264,573,268▲1.0% | 990 |
| 2021 | $775,240,217▲19.9% | $776,360,139▲19.9% | $76,675,463 | $261,853,637▲19.9% | 990 |
| 2020 | $646,457,847▲8.5% | $647,397,266▲7.8% | $76,675,463▼0.1% | $218,308,219▲17.0% | 990 |
| 2019 | $595,979,283▲5.9% | $600,302,902▲7.1% | $76,719,488▼8.1% | $186,531,620▲35.9% | 990 |
| 2018 | $562,588,844▲5.1% | $560,499,877▲4.8% | $83,474,781▼12.5% | $137,291,365▼4.1% | 990 |
| 2017 | $535,542,193▲18.1% | $534,922,330▲17.8% | $95,432,465▲12.6% | $143,193,330▲6.1% | 990 |
| 2016 | $453,456,811▲7.5% | $454,250,171▲7.9% | $84,769,546▲9.3% | $134,919,004▲17.3% | 990 |
| 2015 | $421,851,858▲16.0% | $420,919,958▲10.5% | $77,569,230▲38.9% | $115,049,759▲18.1% | 990 |
| 2014 | $363,679,877▼3.0% | $381,008,452▼1.0% | $55,861,103▼18.7% | $97,454,063▼6.1% | 990 |
| 2013 | $375,110,218 | $384,691,496▲19.0% | $68,672,926▲46.4% | $103,811,481▲33.8% | 990 |
| 2012 | — | $323,231,090▲20.0% | $46,903,380▲131% | $77,575,340▲75.7% | 990 |
| 2011 | — | $269,408,086 | $20,298,289 | $44,140,237 | 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: Patel Md Vipul — $4,414,004 (0.40% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Patel Md Vipul | Physician | 69 | $4,414,004 |
| Bhatheja Md Rohit | Physician | 63 | $2,268,569 |
| Ververis Md John | Physician | 45 | $2,081,606 |
| Barsoum Md Basiem | Physician | 45 | $2,063,854 |
| Martinez Md Jose | Physician | 45 | $1,956,940 |
| Adams Brian | Director/chairperson | 0.5 | — |
| Cacciatore Md Michael | Former Key Employee | 0 | — |
| Deshaies Md Eric | Chief Physician Exec | 50 | — |
| Hatcher Nichole | Cfo | 50 | — |
| Hilliard Doug | Director | 0.5 | — |
| Jimenez Kristin | Director | 0.5 | — |
| Mckinney Jillyan | Ceo | 28.5 | — |
| Mclarren Vance | Coo | 50 | — |
| Stiltz Bryan | Director | 0.5 | — |
| Wylie II Warren | Former Key Employee | 0 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Transparent Imaging PC | Staffing | $10,877,167 |
| Locumtenenscom LLC | Staffing | $3,828,652 |
| Central Florida Pulmonary Group PA | Consulting/staffing | $3,795,914 |
| Orlando Neurosurgery PA | Consulting/staffing | $2,598,600 |
| Weatherby Healthcare | Staffing | $2,031,759 |
Grants received · $183K total
2 grants to Florida Hospital Medical Group Inc totaling $183K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Patient Access Network Foundation | Patient assistance | 2015 | $132,133 |
| Patient Access Network Foundation | Patient assistance | 2014 | $51,244 |
Grants made · $16K in FY2023
2 grants totaling $16K in FY2023. All grants made by Florida Hospital Medical Group Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| One More Child Foundation Inc | General support | $10,000 |
| Adventhealth University Inc | General support | $6,000 |
Frequently asked questions
- Is Florida Hospital Medical Group Inc a legitimate nonprofit?
- Yes. Florida Hospital Medical Group Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-3214635, based in Maitland, Florida. Donations are tax-deductible.
- What is Florida Hospital Medical Group Inc's EIN?
- Florida Hospital Medical Group Inc's Employer Identification Number (EIN) is 59-3214635.
- How much revenue does Florida Hospital Medical Group Inc report?
- Florida Hospital Medical Group Inc reported $1,116,995,832 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Florida Hospital Medical Group Inc's spending goes to programs?
- Florida Hospital Medical Group Inc spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Florida Hospital Medical Group Inc have?
- CharityIndex grades Florida Hospital Medical Group Inc B+, based on program efficiency and fundraising cost.
- How much does Florida Hospital Medical Group Inc's highest-paid employee make?
- The highest reported compensation on Florida Hospital Medical Group Inc's latest Form 990 is $4,414,004, paid to Patel Md Vipul (Physician).
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Data for Florida Hospital Medical Group Inc (EIN 59-3214635) 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.