Holy Cross Hospital Inc
94% goes to programs $10 to raise $100
Holy Cross Hospital Inc is a 501(c)(3) organization based in Ft Lauderdale, Florida, registered in 1998, with $663,736,435 in FY2023 revenue. CharityIndex grades it A+, and it directs about 94% of spending to programs.
4725 N Federal Hwy, Ft Lauderdale, FL, 33308 EIN 59-0791028 Since 1998
Revenue (FY2023)
$663.7M
▲ 4.9% vs prior year
Health median: $840K
Expenses (FY2023)
$663.7M
Net assets
$186.0M
Employees
3,926
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 rating94% to programs · $10 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 Holy Cross Hospital Inc: 94% to programs · $10 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating3 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 Holy Cross Hospital Inc: 3 mo reserves · +0% 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 Holy Cross Hospital 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 Holy Cross Hospital Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide health care and hospital services
Contact & location
- Address
- 4725 N Federal Hwy, Ft Lauderdale, FL, 33308
- City
- Ft Lauderdale
- State
- Florida
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $480.2M (FY2013) to $663.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $313.4MNet assets $186.0M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$499.4M
Total liabilities
$313.4M
Net assets
$186.0M
Salaries & benefits
$333.8M
50% of expenses
Board members
16
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $663,736,435▲4.9% | $663,695,330▲7.7% | $186,030,228▼1.5% | $499,408,485▲4.3% | 990 |
| 2022 | $632,648,302▲3.8% | $616,268,968▲0.6% | $188,944,373▲2.6% | $478,627,936▼1.9% | 990 |
| 2021 | $609,413,165▲1.7% | $612,841,974▲7.6% | $184,244,071▼10.3% | $487,782,996▼14.4% | 990 |
| 2020 | $599,380,743▲13.9% | $569,661,394▲4.4% | $205,513,794▲18.0% | $569,536,642▲4.8% | 990 |
| 2019 | $526,024,246▼1.0% | $545,689,634▲2.3% | $174,144,032▼16.0% | $543,322,336▲12.5% | 990 |
| 2018 | $531,492,981▲6.0% | $533,234,459▲8.2% | $207,392,336▼3.7% | $482,989,827▲0.6% | 990 |
| 2017 | $501,215,140▲1.5% | $492,985,377▲0.2% | $215,258,174▲5.3% | $480,266,320▼0.1% | 990 |
| 2016 | $493,844,053▲0.5% | $492,084,110▼1.4% | $204,497,986▼1.2% | $480,979,392▼1.1% | 990 |
| 2015 | $491,328,386▼0.3% | $499,318,606▲2.5% | $207,002,066▼7.2% | $486,123,108▲3.7% | 990 |
| 2014 | $492,738,864▲2.6% | $487,342,738▲6.1% | $223,161,860▲0.2% | $468,847,594▲0.6% | 990 |
| 2013 | $480,208,631 | $459,371,417▲7.9% | $222,751,348▲54.8% | $466,111,195▲2.6% | 990 |
| 2012 | — | $425,881,908▼5.0% | $143,859,688▲10.1% | $454,290,670▲3.1% | 990 |
| 2011 | — | $448,415,421▲7.4% | $130,711,302▼9.1% | $440,593,577▲6.7% | 990 |
| 2010 | — | $417,417,931 | $143,833,182 | $412,961,127 | 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 (FY2023)
Highest-paid: Ross Wodicka Md — $1,617,333 (0.24% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ross Wodicka Md | Physician - Orthopedics | 50 | $1,617,333 |
| Andrew Lovy Md | Physician - Orthopedics | 50 | $1,428,335 |
| Felipe Albuquerque Md | Physician - Cardiology | 50 | $1,305,843 |
| Kevin Wang Md | Physician - Orthopedics | 50 | $1,304,939 |
| William Leone Jr Md | Physician - Orthopedics | 50 | $1,302,442 |
| Guillermo Davila Md | Director, Physician - Ob/gyn | 50 | $834,426 |
| Jon Kotler Md | Director; Physician - Nuclear Med | 50 | $551,496 |
| Todd Radosevich | Treasurer; Vp of Finance | 48 | $315,032 |
| Brian Nelson | Director As of 1/24 | 1 | — |
| Douglas Strong | Former Officer, Hch Interim Ceo | 0 | — |
| Fritz Laporte | Director; Chair Thr 12/23 | 1 | — |
| John Cunha Md | Director | 1 | — |
| Jonathan Ayers | Director As of 1/24 | 1 | — |
| Jose Lopez | Chief Medical Officer | 50 | — |
| Karen O'byrne | Director; Vice Chair As of 1/24 | 1 | — |
| Katherine Gorrell | Secretary; General Counsel | 48 | — |
| Kathleen Mcmanus Rsm | Director As of 1/24 | 1 | — |
| Keith Koenig | Director | 1 | — |
| Laronda Chastang | Director; Trinity Svp Dei | 1 | — |
| Linda Carter | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| University of Miami | Physician Services | $9,173,744 |
| Ccs Capturis LLC | Billing Services | $5,200,614 |
| Robins and Morton Group | Construction Services | $3,700,316 |
| Sound Physicians | Physician Services | $2,850,949 |
| Shearwater Health Inc | Staffing Services | $2,820,215 |
Grants received · $15.7M total
58 grants to Holy Cross Hospital Inc totaling $15.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Florida Essential Healthcare Partnerships Foundation Inc | — | 2024 | $9,693,000 |
| Amyotrophic Lateral Sclerosis Assn | Bitner plante quarterly grant fy25/annual grant payment fy25 center of excellence/research | 2024 | $147,101 |
| American Cancer Society Inc | Patient support | 2024 | $35,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $20,000 |
| National Christian Charitable Foundation | Medical care | 2024 | $10,000 |
| American Cancer Society Inc | Patient support | 2024 | $10,000 |
| Columbus Foundation | Health | 2024 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $503,100 |
| Trinity Health Corporation | Community welfare - transforming communities initiative & community grants | 2023 | $255,000 |
| Amyotrophic Lateral Sclerosis Assn | Bitner plante quarterly grant | 2023 | $237,532 |
| American Endowment Foundation | Health, general | 2023 | $50,000 |
| National Philanthropic Tr | Culture & arts | 2023 | $22,600 |
| American Cancer Society Inc | Patient support | 2023 | $10,000 |
| The Bessemer Giving Fund | General support | 2023 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $10,000 |
Grants made · $134K in FY2023
10 grants totaling $134K in FY2023. All grants made by Holy Cross Hospital Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| South Florida Hunger Coalition | General support | $30,000 |
| American Heart Association Inc | General support | $20,000 |
| American Cancer Society Inc | General support | $16,500 |
| United Way of Broward County | General support | $15,000 |
| Young Mens Christian Association of South Florida Inc | General support | $10,000 |
| Gildas Club of South Florida Inc | General support | $10,000 |
| Compassion Health Foundation Inc | General support | $9,000 |
| Fire Cheifs Assn of Broward County | General support | $8,000 |
| The Cooperative Feeding Program Inc | General support | $7,500 |
| Wmeg Inc | General support | $7,500 |
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Compare Holy Cross Hospital Inc
Frequently asked questions
- Is Holy Cross Hospital Inc a legitimate nonprofit?
- Yes. Holy Cross Hospital Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-0791028, based in Ft Lauderdale, Florida. Donations are tax-deductible.
- What is Holy Cross Hospital Inc's EIN?
- Holy Cross Hospital Inc's Employer Identification Number (EIN) is 59-0791028.
- How much revenue does Holy Cross Hospital Inc report?
- Holy Cross Hospital Inc reported $663,736,435 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Holy Cross Hospital Inc's spending goes to programs?
- Holy Cross Hospital Inc spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Holy Cross Hospital Inc have?
- CharityIndex grades Holy Cross Hospital Inc A+, based on program efficiency and fundraising cost.
- How much does Holy Cross Hospital Inc's highest-paid employee make?
- The highest reported compensation on Holy Cross Hospital Inc's latest Form 990 is $1,617,333, paid to Ross Wodicka Md (Physician - Orthopedics).
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Data for Holy Cross Hospital Inc (EIN 59-0791028) 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.