Overview
What is Florida Hospital Waterman Inc?
Florida Hospital Waterman Inc is a 300-bed acute care hospital located in Tavares, Florida, operated by Adventist Health System Sunbelt Healthcare Corporation. The hospital had 14,495 patient admissions, 70,283 patient days, and 131,423 outpatient visits in the current year. Established by the Seventh-Day Adventist Church, the organization's mission is to extend the healing ministry of Christ. It employs 2,330 individuals dedicated to delivering comprehensive, consumer-focused healthcare services. The hospital's parent organization, Adventist Health System Sunbelt Healthcare Corporation, aims to be widely respected for its wholistic, best practice care.
Official website here: www.adventhealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Florida Hospital Waterman Inc has received a solid Three-Star rating from Charity Navigator, primarily reflecting its strong performance in accountability and finance. The organization excels in various aspects, including having a completely independent board and a robust audit and oversight committee, both of which contribute to its overall high score in financial practices. The absence of any material diversion of assets adds to its credibility, demonstrating sound financial management.
The organization has shown commitment to maintaining transparency, as evidenced by its adherence to policies regarding conflict of interest, whistleblower protections, and document retention. Additionally, the program expense ratio is impressive at 94.11%, indicating that a significant portion of funds raised is dedicated to programs rather than administrative costs.
However, while the overall score is encouraging, the rating is primarily based on the financial aspects, with no additional beacons evaluated. Potential donors and supporters may want to consider other factors such as program impact and community engagement to gain a complete picture of the organization's effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Hospital Waterman Inc legitimate?
Florida Hospital Waterman Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Hospital Waterman Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $3,338,290
Professional Fundraising Fees: $0
Other Salaries and Wages: $112,448,026
For more financial information, click here
Official website here: www.adventhealth.com
What is the mission statement of Florida Hospital Waterman Inc?
Florida Hospital Waterman Inc, a subsidiary of Adventist Health System Sunbelt Healthcare Corporation, is dedicated to continuing the healing ministry of Christ. The organization's mission is to deliver compassionate, best practice care in a connected and comprehensive healthcare system. By engaging individuals in their health, AdventHealth aims to nurture employees, communities, healthcare professionals, and those seeking care and healing. With a focus on whole-person care, AdventHealth extends the ministry of healing and health as guided by Christ.
Official website here: www.adventhealth.com
Who is the CEO of Florida Hospital Waterman Inc?
Biri Abel is the CEO of Florida Hospital Waterman Inc The CEO's salary of Florida Hospital Waterman Inc is $0 and their total compensation is $804,935.
Official website here: www.adventhealth.com
What is the revenue of Florida Hospital Waterman Inc?
Florida Hospital Waterman Inc's revenue in 2023 was $427,079,512.
Official website here: www.adventhealth.com
Who are the executives of Florida Hospital Waterman Inc and what are their salaries?
The average compensation at Florida Hospital Waterman Inc during 2023 was $43,892. There are 2638 employees and 180 volunteers at Florida Hospital Waterman Inc.
Here are 34 key members and their salaries (Florida Hospital Waterman Inc's CEO's salary is $0 and their total compensation is $804,935):
- Compensation: $0
- Related: $340,245
- Other: $13,146
- Compensation: $0
- Related: $1,197,267
- Other: $216,442
- Compensation: $0
- Related: $717,004
- Other: $87,931
- Compensation: $0
- Related: $442,013
- Other: $72,517
- Compensation: $0
- Related: $1,486,939
- Other: $229,438
- Compensation: $250
- Related: $207,235
- Other: $0
- Compensation: $0
- Related: $4,450
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $250
- Related: $6,585
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $7,275
- Related: $905,503
- Other: $43,745
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $250
- Related: $10,125
- Other: $0
- Compensation: $0
- Related: $427,653
- Other: $85,669
- Compensation: $0
- Related: $427,899
- Other: $105,835
- Compensation: $0
- Related: $345,766
- Other: $36,658
- Compensation: $0
- Related: $432,813
- Other: $65,529
- Compensation: $0
- Related: $330,872
- Other: $49,553
- Compensation: $267,632
- Related: $0
- Other: $47,945
- Compensation: $229,786
- Related: $0
- Other: $37,139
- Compensation: $222,190
- Related: $0
- Other: $44,143
- Compensation: $220,933
- Related: $0
- Other: $20,060
- Compensation: $209,812
- Related: $0
- Other: $10,103
- Compensation: $0
- Related: $134,106
- Other: $0
- Compensation: $0
- Related: $1,981,848
- Other: $214,123
- Compensation: $0
- Related: $484,095
- Other: $38,977
- Compensation: $0
- Related: $1,153,266
- Other: $142,301
Official website here: www.adventhealth.com
Where can I find the form 990 for Florida Hospital Waterman Inc?
Florida Hospital Waterman Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.adventhealth.com
Learn more at the official website: www.adventhealth.com
Mission Statement of Florida Hospital Waterman Inc
Florida Hospital Waterman Inc, a subsidiary of Adventist Health System Sunbelt Healthcare Corporation, is driven by a mission to extend the healing ministry of Christ. Established by the Seventh-Day Adventist Church, this 300-bed acute care hospital is committed to bringing a ministry of healing and health to the communities it serves. In alignment with Adventist Health System, Florida Hospital Waterman aspires to be widely respected as a consumer-focused organization that engages individuals in their health by delivering best practice, wholistic care across a comprehensive continuum of services.
Christ's example of compassion and care guides Florida Hospital Waterman's interactions with its employees, communities, healthcare professionals, and patients seeking care and healing. The hospital seeks to nurture and support each of these groups, going beyond the provision of medical services to create a connected and sustainable healthcare ecosystem.
Florida Hospital Waterman's mission is rooted in a dedication to the wellbeing of its communities. By extending the healing ministry of Christ, the organization aims to make a difference in people's lives, empowering them to take charge of their health and wellbeing. Through its commitment to delivering best practice, compassionate care, Florida Hospital Waterman is a beacon of hope and healing for all who come through its doors.
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Impact
October, 2024
Florida Hospital Waterman Inc significantly impacts the Tavares community by providing critical healthcare services through its 300-bed acute care facility. In the last year, the hospital admitted 14,495 patients, facilitated 70,283 patient days, and managed 131,423 outpatient visits, showcasing its integral role in delivering comprehensive medical care.
As part of the AdventHealth system, Florida Hospital Waterman adheres to a mission rooted in the principles of holistic health and healing, emphasizing not just physical care but also the overall well-being of individuals. This commitment fosters a supportive environment for patients and their families, reinforcing the notion that healthcare extends beyond just treatment.
The hospital's operations contribute to the local economy by generating employment and facilitating access to essential health services, which is vital for a community's prosperity and quality of life. In addition, Florida Hospital Waterman plays a key role in public health promotion and disease prevention through various outreach programs and health initiatives, reflecting its dedication to improving the health of the communities it serves.
This information is meant to be a general summary of Florida Hospital Waterman Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $6,937,342
- Program Service Revenue: $403,090,781
- Gross Receipts: $430,534,676
Assets and Liabilities:
- Total Assets: $648,007,349
- Total Liabilities: $125,584,864
- Net Assets: $522,422,485
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Net patient revenue
Revenue
$381,385,687
Reimb of exp - TE Affiliate
Revenue
$17,455,441
Rent from exempt affiliates
Revenue
$1,788,673
Cafeteria revenue
Revenue
$1,605,077
Medical office building
Revenue
$380,703
Organization Details
Founding Year
1992
Principal Officer
Biri Abel
Website
www.adventhealth.comNTEE Category
Code: E220 - Health
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