Genesis Health Inc
74% goes to programs $0 to raise $100 Strong reserves
Genesis Health Inc is a 501(c)(3) organization based in Jacksonville, Florida, registered in 1983, with $56,411,158 in FY2024 revenue. CharityIndex grades it B+, and it directs about 74% of spending to programs.
3599 University Blvd S, Jacksonville, FL, 32216 EIN 59-2249370 Since 1983
Revenue (FY2024)
$56.4M
▲ 14.0% vs prior year
Health median: $840K
Expenses (FY2024)
$51.9M
Net assets
$314.1M
Employees
323
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
B+Program efficiency40% of the rating74% 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 Genesis Health Inc: 74% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating73 mo reserves · +8% 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 Genesis Health Inc: 73 mo reserves · +8% margin earns a B+ 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 Genesis Health 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 Genesis Health 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
Support and administration for brooks rehabilitation hospital and affiliates.
Contact & location
- Address
- 3599 University Blvd S, Jacksonville, FL, 32216
- City
- Jacksonville
- State
- Florida
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $33.8M (FY2013) to $56.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $320.5MNet assets $314.1M
Operating margin
8.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$634.7M
Total liabilities
$320.5M
Net assets
$314.1M
Salaries & benefits
$25.2M
49% of expenses
Board members
19
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $56,411,158▲14.0% | $51,886,317▲13.6% | $314,142,063▲16.5% | $634,657,043▲6.5% | 990 |
| 2023 | $49,466,568▲4.4% | $45,667,488▲13.3% | $269,613,017▲18.7% | $596,194,016▲6.9% | 990 |
| 2022 | $47,400,241▼17.2% | $40,302,475▼3.9% | $227,229,478▼26.9% | $557,773,912▼14.6% | 990 |
| 2021 | $57,247,537▲37.5% | $41,944,855▲34.8% | $310,992,949▲15.9% | $653,224,899▲39.3% | 990 |
| 2020 | $41,636,971▼32.5% | $31,113,511▼8.2% | $268,402,432▲9.0% | $468,882,576▲8.3% | 990 |
| 2019 | $61,687,831▲388% | $33,901,508▲5.7% | $246,313,838▲25.7% | $433,126,271▲13.7% | 990 |
| 2018 | $12,647,833▼74.3% | $32,066,767▲3.8% | $195,985,646▼16.7% | $381,055,063▼9.8% | 990 |
| 2017 | $49,279,711▲48.0% | $30,904,050▲11.5% | $235,337,168▲19.4% | $422,572,780▲11.6% | 990 |
| 2016 | $33,300,915▲7.8% | $27,714,718▼2.0% | $197,139,150▲1.2% | $378,574,677▼4.3% | 990 |
| 2015 | $30,890,341▼17.3% | $28,292,781▲27.8% | $194,852,280▼6.9% | $395,475,041▲6.7% | 990 |
| 2014 | $37,356,990▲10.5% | $22,146,279▲9.1% | $209,188,177▲1.2% | $370,624,822▲0.4% | 990 |
| 2013 | $33,796,417 | $20,302,348▼9.0% | $206,683,440▲12.4% | $369,257,788▲16.9% | 990 |
| 2012 | — | $22,321,626▲22.2% | $183,926,626▲9.7% | $315,772,143▲9.7% | 990 |
| 2011 | — | $18,264,352▲5.3% | $167,594,060▼9.3% | $287,859,044▼2.2% | 990 |
| 2010 | — | $17,348,071 | $184,743,413 | $294,392,700 | 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: Douglas M Baer — $830,737 (1.60% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Douglas M Baer | Chairman / Ceo | 39 | $830,737 |
| Trevor Paris Md | Cmo | 30 | $596,797 |
| J Britton Tabor | Sec. / Treas. / Cfo | 37 | $593,761 |
| Kerry A Maher Md | Svp Pm&r Consulting & Education | 40 | $467,898 |
| Kris A Roberts | Coo Ip & Home Health | 22 | $375,438 |
| Victor Derienzo | Coo Aging Services & Op | 20 | $370,039 |
| Joanne Hoertz | Svp Nursing | 40 | $338,497 |
| Lisa Kemph | Vp Chief Human Resources Officer | 40 | $291,215 |
| Kathy Barbour | Vp Chief Marketing & Communications Officer | 40 | $271,009 |
| Robert Rowe | Executive Director of Higher Learning | 40 | $194,327 |
| Eric Mann | Chairman | 2 | $45,900 |
| Howard C Serkin | Vice-chairman | 2 | $33,600 |
| Pamela S Chally Phd Rn | Board Member | 1 | $27,000 |
| Bruce M Johnson | Board Member | 2 | $26,100 |
| Ernest N Brodsky | Board Member | 1 | $26,100 |
| Lynn Pappas | Board Member | 1 | $23,700 |
| Lee Lomax | Board Member | 1 | $23,100 |
| Stanley W Carter | Board Member | 1 | $22,500 |
| Russell Newton | Board Member | 1 | $17,100 |
| Timothy Cost | Board Member | 1 | $14,700 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Hoefer Welker LLC | Design | $929,358 |
| Smith Hulsey & Busey | Attorney | $824,143 |
| Childs Hester and Love PA | Attorney | $530,550 |
| Forvis Mazars LLP | Audit / Tax | $450,282 |
| Park Place International LLC | Technology Consulting | $336,028 |
Grants received · $450K total
5 grants to Genesis Health Inc totaling $450K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mayo Clinic Group Return | Support charitable programs | 2024 | $12,500 |
| Lutheran Services Florida Inc | Dcf samh provider | 2023 | $129,245 |
| Lutheran Services Florida Inc | Dcf samh provider | 2022 | $295,755 |
| Mayo Clinic Group Return | Support charitable programs | 2020 | $5,120 |
| Mayo Clinic Group Return | Support charitable programs | 2019 | $7,500 |
Grants made · $452K in FY2024
22 grants totaling $452K in FY2024 — showing the 15 largest. All grants made by Genesis Health Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Flagler Health Care Foundation | Operational support | $88,333 |
| Mayo Clinic | Operational support | $83,335 |
| Jacksonville Sports Medicine Program Inc | Operational support | $47,500 |
| American Heart Association Inc | Operational support | $45,000 |
| Jim and Tabitha Furyk Foundation | Operational support | $42,500 |
| Jasmyn | Operational support | $25,000 |
| Shands Jacksonville Medical Center | Operational support | $20,000 |
| 1st Place Sports | Operational support | $12,650 |
| Natational Multiple Sclerosis Society | Operational support | $10,318 |
| We Care Jacksonville Inc | Operational support | $10,000 |
| Alzheimer's Association | Operational support | $7,500 |
| Jt Townsend Foundation | Operational support | $7,500 |
| Wolfson Childrens Hospital of Jacksonville Inc | Operational support | $6,000 |
| Jax Area Golf Assoc | Operational support | $6,000 |
| Cathedral Arts Project | Operational support | $5,500 |
Similar organizations in Health
Health
Health Choice Network of Florida Inc
Doral, FL
$56.0M
Aannual revenue
Health
Partnership For Strong Families Inc
Gainesville, FL
$54.9M
C+annual revenue
- Health
Cape Canaveral Hospital Inc
Rockledge, FL
$53.0M
Aannual revenue
- Health
Viera Hospital Inc
Rockledge, FL
$59.8M
Aannual revenue
Health
Tampa General Hospital Foundation Inc
Tampa, FL
$52.5M
Bannual revenue
Health
St Josephs Hospital of Tampa Foundation Inc
Tampa, FL
$52.4M
Bannual revenue
Health
Florida Proton Therapy Institute Inc
Jacksonville, FL
$51.3M
Bannual revenue
Health Choice Network Inc
Doral, FL
$51.0M
Dannual revenue
Health
Lifestream Behavioral Center Inc
Leesburg, FL
$62.5M
Aannual revenue
Health
Plymouth Harbor Inc
Sarasota, FL
$50.1M
Bannual revenue
Compare Genesis Health Inc
Frequently asked questions
- Is Genesis Health Inc a legitimate nonprofit?
- Yes. Genesis Health Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-2249370, based in Jacksonville, Florida. Donations are tax-deductible.
- What is Genesis Health Inc's EIN?
- Genesis Health Inc's Employer Identification Number (EIN) is 59-2249370.
- How much revenue does Genesis Health Inc report?
- Genesis Health Inc reported $56,411,158 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Genesis Health Inc's spending goes to programs?
- Genesis Health Inc spends about 74% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Genesis Health Inc have?
- CharityIndex grades Genesis Health Inc B+, based on program efficiency and fundraising cost.
- How much does Genesis Health Inc's highest-paid employee make?
- The highest reported compensation on Genesis Health Inc's latest Form 990 is $830,737, paid to Douglas M Baer (Chairman / Ceo).
More nonprofits in Jacksonville
Explore more
Data for Genesis Health Inc (EIN 59-2249370) 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.