Gulf Health Hospitals Inc
92% goes to programs $0 to raise $100 Growing revenue
Gulf Health Hospitals Inc is a 501(c)(3) organization based in Mobile, Alabama, registered in 1986, with $429,649,803 in FY2024 revenue. CharityIndex grades it B+, and it directs about 92% of spending to programs.
Po Box 2226, Mobile, AL, 36652 EIN 63-0891904 Since 1986
Revenue (FY2024)
$429.6M
▲ 21.5% vs prior year
Health median: $840K
Expenses (FY2024)
$383.1M
Net assets
$132.5M
Employees
2,066
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
AProgram efficiency40% of the rating92% 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 Gulf Health Hospitals Inc: 92% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating4 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 Gulf Health Hospitals Inc: 4 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
C+Governance25% of the rating3 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 Gulf Health Hospitals Inc: 3 of 6 checks met earns a C+ 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 Gulf Health Hospitals Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To advance the promotion of health & to participate in any activity designed to promote health or healing in the gulf coast region.
Contact & location
- Address
- Po Box 2226, Mobile, AL, 36652
- City
- Mobile
- State
- Alabama
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $171.9M (FY2013) to $429.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $279.5MNet assets $132.5M
Operating margin
10.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$411.9M
Total liabilities
$279.5M
Net assets
$132.5M
Salaries & benefits
$133.6M
35% of expenses
Board members
7
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $429,649,803▲21.5% | $383,101,427▲13.8% | $132,454,434▲57.7% | $411,925,818▲25.1% | 990 |
| 2023 | $353,644,139▲6.3% | $336,530,325▲9.2% | $84,011,413▲32.6% | $329,366,677▲17.4% | 990 |
| 2022 | $332,660,348▼2.8% | $308,148,442▼2.2% | $63,344,672▲63.2% | $280,647,921▲10.1% | 990 |
| 2021 | $342,124,939▲20.5% | $315,062,184▲16.5% | $38,824,273▲269% | $254,941,753▼6.4% | 990 |
| 2020 | $283,970,559▲8.6% | $270,455,559▲6.3% | $10,515,215▲184% | $272,470,569▲22.6% | 990 |
| 2019 | $261,562,236▲4.7% | $254,439,077▲3.9% | -$12,574,317▼23.5% | $222,273,291▲2.3% | 990 |
| 2018 | $249,936,793▲10.4% | $244,771,136▲12.2% | -$10,184,963▲22.6% | $217,198,837▲8.2% | 990 |
| 2017 | $226,314,124▲5.1% | $218,236,723▲5.6% | -$13,165,691▲32.9% | $200,685,895▲8.1% | 990 |
| 2016 | $215,298,004▲11.1% | $206,672,447▲10.9% | -$19,608,600▲43.9% | $185,670,922▲4.9% | 990 |
| 2015 | $193,833,346▲6.1% | $186,421,938▲4.6% | -$34,950,970▲6.6% | $176,979,886▲3.0% | 990 |
| 2014 | $182,724,601▲6.3% | $178,244,196▲3.9% | -$37,421,758▼7.4% | $171,807,754▲1.8% | 990 |
| 2013 | $171,903,798 | $171,494,063▲1.3% | -$34,858,175▲13.0% | $168,719,628▲3.9% | 990 |
| 2012 | — | $169,341,512▼2.5% | -$40,075,735▼7.1% | $162,361,061▲5.6% | 990 |
| 2011 | — | $173,734,745▼0.5% | -$37,432,457▼87.5% | $153,821,836▼0.7% | 990 |
| 2010 | — | $174,655,582▲5.4% | -$19,967,546▼54.0% | $154,849,924▼2.2% | 990 |
| 2009 | — | $165,771,236 | -$12,963,590 | $158,267,961 | 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: Furhan Yunas — $757,250 (0.20% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Furhan Yunas | Director | 24 | $757,250 |
| Paul Glisson | Physician | 45 | $440,600 |
| Leeann Cain | Vice Preside | 45 | $334,263 |
| David Clarkson | Md | 45 | $328,038 |
| Holly Pursley | Md | 45 | $258,626 |
| Arthur Johnson | Vice Preside | 45 | $216,527 |
| Matthew Williams | Physicist | 45 | $216,182 |
| Charles Bullington | Physicist | 45 | $213,716 |
| Joann Nix | Vice Preside | 45 | $202,092 |
| Roland Nasman | Director | 45 | $180,821 |
| D Mark Nix | Pres/ceo | 2 | — |
| Frank Lott III | Director | 0.1 | — |
| Jason M Badgett | Director | 0.1 | — |
| Joe T Stough III | Vice Preside | 2 | — |
| John Baker III | Chairman | 0.1 | — |
| Joseph Denton | Assistanttre | 2 | — |
| Kerry Tolleson | Treasurer | 2 | — |
| Laura Morrissette Clark | Director | 0.1 | — |
| Michael Holberg | Director | 0.1 | — |
| Michael Pierce | Director | 0.1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Laboratory Corp of America Holdings | — | $10,864,153 |
| Crothall Healthcare | — | $7,822,994 |
| Morrisons Mgt Service Inc | — | $5,180,183 |
| Eastern Shore Anesthesia PC | Anesthesia | $4,991,335 |
| Witherington Construction Group | — | $1,843,887 |
Grants received · $162K total
7 grants to Gulf Health Hospitals Inc totaling $162K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $45,000 |
| American Cancer Society Inc | Patient support | 2024 | $32,500 |
| American Cancer Society Inc | Patient support | 2023 | $40,000 |
| American Cancer Society Inc | Patient support | 2022 | $15,000 |
| American Heart Association Inc | Atrial fibrillation initiative | 2022 | $8,000 |
| American Heart Association Inc | Cholesterol initiative | 2021 | $7,000 |
| American Heart Association Inc | Cholesterol management | 2020 | $14,000 |
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Frequently asked questions
- Is Gulf Health Hospitals Inc a legitimate nonprofit?
- Yes. Gulf Health Hospitals Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 63-0891904, based in Mobile, Alabama. Donations are tax-deductible.
- What is Gulf Health Hospitals Inc's EIN?
- Gulf Health Hospitals Inc's Employer Identification Number (EIN) is 63-0891904.
- How much revenue does Gulf Health Hospitals Inc report?
- Gulf Health Hospitals Inc reported $429,649,803 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Gulf Health Hospitals Inc's spending goes to programs?
- Gulf Health Hospitals Inc spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Gulf Health Hospitals Inc have?
- CharityIndex grades Gulf Health Hospitals Inc B+, based on program efficiency and fundraising cost.
- How much does Gulf Health Hospitals Inc's highest-paid employee make?
- The highest reported compensation on Gulf Health Hospitals Inc's latest Form 990 is $757,250, paid to Furhan Yunas (Director).
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Data for Gulf Health Hospitals Inc (EIN 63-0891904) 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.