Florida Hospital Ocala Inc
501(c)(3)
93% goes to programs $0 to raise $100 Growing revenue
Florida Hospital Ocala Inc is a 501(c)(3) organization based in Ocala, Florida, registered in 1947, with $558,893,049 in FY2024 revenue. CharityIndex grades it A+, and it directs about 93% of spending to programs.
1500 Sw 1st Ave, Ocala, FL, 34471 EIN 82-4372339 Since 1947
Revenue (FY2024)
$558.9M
▲ 22.3% vs prior year
Expenses (FY2024)
$495.1M
Net assets
$209.0M
Employees
2,671
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating93% 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 Ocala Inc: 93% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · +11% 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 Ocala Inc: 5 mo reserves · +11% 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 Florida Hospital Ocala 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 Florida Hospital Ocala Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The provision of medical care to the community through the operation of a 385 bed hospital.
Contact & location
Financial trends
Revenue grew from $101.6M (FY2018) to $558.9M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $153.0MNet assets $209.0M
Operating margin
11.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$362.0M
Total liabilities
$153.0M
Net assets
$209.0M
Salaries & benefits
$204.4M
41% of expenses
Board members
16
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $558,893,049▲22.3% | $495,063,109▲12.4% | $209,017,745▲42.5% | $362,043,268▲15.5% | 990 |
| 2023 | $456,921,217▲13.5% | $440,625,413▲6.5% | $146,652,777▲8.5% | $313,450,615▲4.5% | 990 |
| 2022 | $402,707,290▼1.0% | $413,661,848▲7.7% | $135,225,909▼9.5% | $300,062,137▼4.3% | 990 |
| 2021 | $406,637,545▲21.3% | $384,066,566▲14.0% | $149,469,180▲13.5% | $313,662,585▲3.0% | 990 |
| 2020 | $335,217,324▲11.5% | $336,984,418▲4.3% | $131,699,941▼0.9% | $304,637,235▲15.7% | 990 |
| 2019 | $300,712,838▲196% | $322,969,311▲165% | $132,848,317▲141% | $263,384,649▲16.7% | 990 |
| 2018 | $101,584,171 | $121,981,220 | $55,170,620 | $225,782,788 | 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: Dang-do Minh — $217,290 (0.04% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dang-do Minh | Avp Finance | 41.4 | $217,290 |
| Harrison Kevin | Pharmacist | 42 | $211,345 |
| Cagle Richard | Pharmacist | 41.8 | $205,293 |
| Feit Paula | Avp Clin Exc & Risk | 40 | $202,808 |
| Peraza Faye | Hrbp Avp | 40 | $192,322 |
| Tolbert-rich Loretha | Director | 0.3 | $1,000 |
| Werner Thomas | Director | 0.1 | $1,000 |
| Bovell Md Don | Director | 0.2 | $614 |
| Colen Robert | Director | 0.2 | $614 |
| Davson Sterling Md Joan | Director | 0.1 | $614 |
| Donelly Joseph | Director | 0.2 | $614 |
| Ewers Ronald | Director | 0.3 | $614 |
| Pool Cory | Director | 0.1 | $614 |
| Biri Abel | Director | 0.2 | — |
| Casebolt Md Mark | Director (end 01/2024) | 0 | — |
| Crunk Frances | Cfo | 50 | — |
| Didenko Vadym | Director/treasurer | 7 | — |
| Hamilton Md Ted | Director | 0.3 | — |
| Johnson Adam | Coo | 50 | — |
| Johnson Joel | Former Officer | 0 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Jackson Coker Locum Tenens LLC | Medical Staffing Agency | $5,704,092 |
| Sheridan Healthcorp Inc | Medical Staffing Agency | $5,609,857 |
| Brasfield & Gorrie LLC | Contractor Services | $5,575,758 |
| The Robins and Morton Group | Contractor Services | $3,494,277 |
| Hhs Environmental Services LLC | Environmental Services | $3,470,976 |
Grants received · $12.2M total
5 grants to Florida Hospital Ocala Inc totaling $12.2M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Florida Essential Healthcare Partnerships Foundation Inc | — | 2024 | $1,746,000 |
| American Cancer Society Inc | Patient support | 2024 | $10,000 |
| Florida Essential Healthcare Partnerships Foundation Inc | — | 2023 | $3,000,000 |
| Florida Essential Healthcare Partnerships Foundation Inc | — | 2022 | $1,115,818 |
| Florida Essential Healthcare Partnerships Foundation Inc | — | 2021 | $6,281,442 |
Grants made · $1.6M in FY2024
5 grants totaling $1.6M in FY2024. All grants made by Florida Hospital Ocala Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Adventhealth Foundation Inc | Provision of general administrative support | $811,950 |
| College of Central Florida Foundation Inc | Nursing & health sciences endowment and program equipment | $741,667 |
| Mckenzies Moment Inc | General support | $40,000 |
| American Heart Association Inc | General support | $7,500 |
| Public Education Foundation of Marion County Inc | General support | $6,000 |
Frequently asked questions
- Is Florida Hospital Ocala Inc a legitimate nonprofit?
- Yes. Florida Hospital Ocala Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-4372339, based in Ocala, Florida.
- What is Florida Hospital Ocala Inc's EIN?
- Florida Hospital Ocala Inc's Employer Identification Number (EIN) is 82-4372339.
- How much revenue does Florida Hospital Ocala Inc report?
- Florida Hospital Ocala Inc reported $558,893,049 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Florida Hospital Ocala Inc's spending goes to programs?
- Florida Hospital Ocala Inc spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Florida Hospital Ocala Inc have?
- CharityIndex grades Florida Hospital Ocala Inc A+, based on program efficiency and fundraising cost.
- How much does Florida Hospital Ocala Inc's highest-paid employee make?
- The highest reported compensation on Florida Hospital Ocala Inc's latest Form 990 is $217,290, paid to Dang-do Minh (Avp Finance).
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Data for Florida Hospital Ocala Inc (EIN 82-4372339) 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.