Shands Jacksonville Medical Center Inc
80% goes to programs $0 to raise $100 Growing revenue
Shands Jacksonville Medical Center Inc is a 501(c)(3) organization based in Jacksonville, Florida, registered in 1982, with $1,138,058,331 in FY2023 revenue. CharityIndex grades it B+, and it directs about 80% of spending to programs.
655 W 8th St, Jacksonville, FL, 32209 EIN 59-2142859 Since 1982
Revenue (FY2023)
$1.1B
▲ 24.2% vs prior year
Health median: $840K
Expenses (FY2023)
$1.1B
Net assets
$264.8M
Employees
6,572
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 rating80% 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 Shands Jacksonville Medical Center Inc: 80% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
BFinancial health25% of the rating3 mo reserves · +3% 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 Shands Jacksonville Medical Center Inc: 3 mo reserves · +3% margin earns a B on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Shands Jacksonville Medical Center Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Shands Jacksonville Medical Center Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The mission at shands jacksonville medical center, inc. ("sjmc") is to heal, comfort, educate and discover. we dedicate our work to improving the lives of our patients, and the community, through innovations in healthcare.
What they do
Shands jacksonville medical center is dedicating our work to improving education on health issues for the well being of the community.
Shands jacksonville medical center, inc is improving life through innovations in healthcare.
Contact & location
- Address
- 655 W 8th St, Jacksonville, FL, 32209
- City
- Jacksonville
- State
- Florida
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $538.6M (FY2013) to $1.1B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $853.7MNet assets $264.8M
Operating margin
3.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1B
Total liabilities
$853.7M
Net assets
$264.8M
Salaries & benefits
$462.9M
42% of expenses
Board members
9
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,138,058,331▲24.2% | $1,099,632,611▲13.3% | $264,786,737▲17.0% | $1,118,439,800▲8.6% | 990 |
| 2022 | $916,114,191▼1.5% | $970,738,047▲4.8% | $226,399,435▼18.5% | $1,029,728,546▼0.1% | 990 |
| 2021 | $929,944,820▲4.0% | $926,705,466▲12.4% | $277,666,891▲0.9% | $1,030,307,966▲37.3% | 990 |
| 2020 | $894,366,475▲2.6% | $824,314,667▼4.9% | $275,114,012▲32.5% | $750,537,278▲12.9% | 990 |
| 2019 | $872,003,409▲6.8% | $867,191,341▲5.9% | $207,684,335▲3.1% | $664,920,656▲7.0% | 990 |
| 2018 | $816,581,241▲3.1% | $818,542,090▲4.0% | $201,534,722▲0.1% | $621,638,477▼0.8% | 990 |
| 2017 | $791,681,876▲2.1% | $787,153,642▲1.8% | $201,381,205▲1.7% | $626,961,094▲0.1% | 990 |
| 2016 | $775,721,048▲0.3% | $773,111,149▲0.9% | $197,921,304▲1.6% | $626,608,774▼0.9% | 990 |
| 2015 | $773,560,193▲27.6% | $766,553,238▲31.4% | $194,745,184▲14.5% | $632,215,876▲19.7% | 990 |
| 2014 | $606,018,122▲12.5% | $583,592,924▲9.1% | $170,051,229▲3.2% | $528,300,746▲13.3% | 990 |
| 2013 | $538,637,403 | $534,796,922▲1.2% | $164,817,174▲1.2% | $466,269,206▼3.2% | 990 |
| 2012 | — | $528,543,337▼2.1% | $162,907,574▼5.4% | $481,775,504▲8.7% | 990 |
| 2011 | — | $539,731,389▲2.1% | $172,284,174▼12.3% | $443,089,686▲1.7% | 990 |
| 2010 | — | $528,588,658▲4.5% | $196,464,940▼1.9% | $435,608,200▼3.9% | 990 |
| 2009 | — | $505,956,762 | $200,265,197 | $453,092,447 | 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: Patrick Green Mba Fache — $940,662 (0.09% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Patrick Green Mba Fache | Director / Ceo (beg 7/10/2023) | 47.5 | $940,662 |
| Gregory Miller Mba | Director & Acting Ceo (7/1/2023-7/10/2023) / Evp Coo | 40 | $651,825 |
| Dean Cocchi Mba | Treasurer / Cfo | 47.5 | $561,346 |
| Russell E Armistead Jr Mba | Ceo (thru 6/30/2023) | 0 | $446,624 |
| Wayne A Marshall | Vp Ufh North | 48 | $365,748 |
| Thanh Hogan | Vp Clinical Operations | 48 | $344,628 |
| Linda Lawson | Vp Chief Nursing Officer (april 2023 Thru Dec 2023) | 48 | $293,216 |
| Jon Debardeleben Esq | Secretary / Vp Senior Counsel | 47.5 | $284,502 |
| Robert A Hervey | Vp Real Estate and Facilities | 40 | $281,056 |
| Jennifer Nitschmann | Interim Vp Chief Nursing Officer (beg Dec 2023) | 48 | $269,804 |
| Robert Phillips | Chief Technology Officer | 40 | $269,402 |
| Steven L Wylie | Vp Assoc. Business Development | 40 | $267,284 |
| Ann-marie Knight | Vp Comm Engmnt / Chief Diversity Officer | 50 | $251,940 |
| Michele L Worley | Coord Perioperative Serv Line | 40 | $249,062 |
| Patricia Rausch | Assistant Treasurer / Controller | 49.5 | $230,634 |
| Julie Simpson | Vp Assoc Communication & Mktng | 40 | $226,338 |
| Jun Santos | Registered Nurse | 40 | $223,443 |
| Patrice Jones | Vp Chief Nursing Officer (thru April 2023) | 48 | $189,509 |
| Robert Templin Esq | Asst. Secretary / Sr Associate General Counsel | 49.5 | $184,561 |
| John Clontz Esq | Asst. Secretary / Associate General Counsel | 49.5 | $174,523 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Batson Cook Danis Jv | General Contractor | $65,701,974 |
| Uf Pr Housestaff | Medical Staffing Services | $30,474,098 |
| Morrisons Management Specialists | General Contractor | $16,536,994 |
| Genesiscare USA of Florida LLC | Medical Staffing Services | $15,023,944 |
| Sodexo Inc & Affiliates | Food Services | $12,964,865 |
Grants received · $4.0M total
32 grants to Shands Jacksonville Medical Center Inc totaling $4.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $25,000 |
| Florida Essential Healthcare Partnerships Foundation Inc | — | 2023 | $560,000 |
| American Cancer Society Inc | Patient support | 2023 | $25,000 |
| American Heart Association Inc | Aortic stenosis initiative | 2023 | $7,500 |
| Florida Essential Healthcare Partnerships Foundation Inc | — | 2022 | $727,856 |
| Genesis Health Inc | Operational support | 2022 | $95,000 |
| Genesis Health Inc | Operational support | 2022 | $95,000 |
| Donor Advised Charitable Giving | Health | 2022 | $75,000 |
| Genesis Health Inc | Operational support | 2021 | $125,000 |
| Genesis Health Inc | Operational support | 2021 | $125,000 |
| State Chartered Credit Unions In Florida | Program support | 2021 | $100,000 |
| Pga Tour Inc | General support | 2021 | $100,000 |
| Shands Teaching Hospital and Clinics Inc | Cancer patient services fund | 2021 | $34,973 |
| University of Florida Jacksonville Physicians Inc | General support | 2020 | $150,000 |
| Shands Teaching Hospital and Clinics Inc | A night for heroes | 2020 | $79,876 |
Grants made · $86.4M in FY2023
3 grants totaling $86.4M in FY2023. All grants made by Shands Jacksonville Medical Center Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| University of Florida Jacksonville Physicians Inc | General support | $85,679,021 |
| Wolfson Children's Hospital | General support | $643,831 |
| Shands Jacksonville Foundation Inc | General support | $39,719 |
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Frequently asked questions
- Is Shands Jacksonville Medical Center Inc a legitimate nonprofit?
- Yes. Shands Jacksonville Medical Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-2142859, based in Jacksonville, Florida. Donations are tax-deductible.
- What is Shands Jacksonville Medical Center Inc's EIN?
- Shands Jacksonville Medical Center Inc's Employer Identification Number (EIN) is 59-2142859.
- How much revenue does Shands Jacksonville Medical Center Inc report?
- Shands Jacksonville Medical Center Inc reported $1,138,058,331 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Shands Jacksonville Medical Center Inc's spending goes to programs?
- Shands Jacksonville Medical Center Inc spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Shands Jacksonville Medical Center Inc have?
- CharityIndex grades Shands Jacksonville Medical Center Inc B+, based on program efficiency and fundraising cost.
- How much does Shands Jacksonville Medical Center Inc's highest-paid employee make?
- The highest reported compensation on Shands Jacksonville Medical Center Inc's latest Form 990 is $940,662, paid to Patrick Green Mba Fache (Director / Ceo (beg 7/10/2023)).
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Data for Shands Jacksonville Medical Center Inc (EIN 59-2142859) 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.