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South Lake Hospital Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 593322533 ✦ Clermont, FL ✦ Designated as a 501(c)(3)

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Overview

What is South Lake Hospital Inc?

South Lake Hospital Inc is a nonprofit organization situated in South Lake County. Their primary goal is to enhance the health and overall well-being of individuals and communities within the area. They achieve this mission by integrating both preventative and medical care with fitness, health activities, nutrition, and community education. The campus functions as a hub for health improvement and wellness, offering a comprehensive approach to promoting optimal health for all.


Official website here: www.southlakehospital.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

South Lake Hospital Inc has earned a Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance, with a score of 81%. This rating indicates a reliable financial structure and adherence to best practices in governance, making it a trustworthy organization for potential donors.

The organization demonstrated strong financial management with notable metrics, such as a program expense ratio of 93.56%, which suggests that a large portion of its expenses are dedicated to its programs rather than administrative costs. Additionally, South Lake Hospital Inc has successfully implemented governance policies, including a conflict of interest policy and a whistleblower policy, both of which are essential for maintaining transparency and integrity.

While there are no reported issues regarding asset diversion and the hospital's financial statements have received top scores in audit and oversight, the overall rating is based solely on accountability and finance. This focus means there may be less visibility into other operational aspects, which could be an area for future enhancement in evaluation metrics.


This AI summary has been generated from information found on Charity Navigator.

Is South Lake Hospital Inc legitimate?

South Lake Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Lake Hospital 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: $863,411
Professional Fundraising Fees: $0
Other Salaries and Wages: $107,060,113

For more financial information, click here


Official website here: www.southlakehospital.com

What is the mission statement of South Lake Hospital Inc?

South Lake Hospital Inc is dedicated to enhancing the health and improving the quality of life for individuals and communities. The organization goes beyond traditional medical care by integrating preventative measures, fitness, healthy activities, nutrition, and community education. The South Lake Hospital campus serves as a hub for overall well-being.


Official website here: www.southlakehospital.com

Who is the CEO of South Lake Hospital Inc?

Unavailable


Official website here: www.southlakehospital.com

What is the revenue of South Lake Hospital Inc?

South Lake Hospital Inc's revenue in 2022 was $360,908,981.


Official website here: www.southlakehospital.com

Who are the executives of South Lake Hospital Inc and what are their salaries?

The average compensation at South Lake Hospital Inc during 2022 was $63,898. There are 1689 employees and 1056 volunteers at South Lake Hospital Inc.


Here are 15 key members and their salaries:


Amit Varma Md (Board Mem/Bervice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cary J D'Ortona (Board Member Secretary/Treasurer)
  • Compensation: $0
  • Related: $631,911
  • Other: $103,559
Lance E Sewell (Board Member, Chairman/President)
  • Compensation: $0
  • Related: $580,132
  • Other: $104,646
Bonnie J Onofre (Board Member)
  • Compensation: $273,291
  • Related: $0
  • Other: $21,781
Jeffrey Fitch Md (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mahmoud Fuad Bakeer Md (Board Member)
  • Compensation: $438,857
  • Related: $0
  • Other: $63,582
Bernadette Spong (Cfo (Term End 6/2022))
  • Compensation: $0
  • Related: $2,210,466
  • Other: $41,812
Dalton John Lamsen (Rn, Advanced Care)
  • Compensation: $208,501
  • Related: $0
  • Other: $0
Diane Bowen Jones (Clin Assistant Nurse Manager)
  • Compensation: $205,555
  • Related: $0
  • Other: $34,743
Jeanette M Bonstrom (Director, Pharmacy Services)
  • Compensation: $199,780
  • Related: $0
  • Other: $24,338
Jennifer Grafton (Avp, Oh & Cfo, Slh)
  • Compensation: $251,454
  • Related: $0
  • Other: $59,155
Paul Mark Johns (Avp, Oh & Coo, Slh)
  • Compensation: $285,593
  • Related: $0
  • Other: $33,183
John A Moore (Former Board Member, Chairman Until 09/2020)
  • Compensation: $0
  • Related: $819,721
  • Other: $128,234
Lushantha Sajotha Gunasekera (Former Board Member (Term End 12/2019))
  • Compensation: $0
  • Related: $1,079,269
  • Other: $49,141
Mildred Denise Beam (Former Board Member, Vice-Chair (Term End 12/2019))
  • Compensation: $0
  • Related: $823,182
  • Other: $121,461


Official website here: www.southlakehospital.com

Where can I find the form 990 for South Lake Hospital Inc?

South Lake Hospital Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.southlakehospital.com

Learn more at the official website: www.southlakehospital.com

Mission Statement of South Lake Hospital Inc

South Lake Hospital Inc, a leading nonprofit organization, is dedicated to enhancing the health and improving the quality of life for individuals and communities in its jurisdiction. The mission of this esteemed institution is multifaceted, encompassing both preventative and medical care.

Situated at the heart of South Lake, South Lake Hospital Inc functions as a beacon of wellness and fitness. Its campus is designed to promote health in various ways, extending beyond medical treatments to include fitness, healthy activities, and community education. By integrating these elements, South Lake Hospital Inc aims to create a holistic approach to healthcare, focusing not just on treating illnesses but also preventing them.

The preventative aspects of South Lake Hospital Inc's services are integral to its mission. It offers a range of programs and initiatives aimed at fostering healthy lifestyles and preventing the onset of various health conditions. These efforts include community education on nutrition, fitness, and disease prevention, all working together to empower individuals to take charge of their health. The medical care provided by South Lake Hospital Inc is complemented by the fitness and wellness offerings, creating a unique and comprehensive approach to healthcare.

In addition to its preventative measures, South Lake Hospital Inc is also committed to delivering top-notch medical care to those in need. Its medical professionals are dedicated to providing compassionate and expert care, ensuring the best possible outcomes for patients. By combining preventative care with medical treatments, South Lake Hospital Inc ensures that it addresses the health needs of its community in a holistic and effective manner.

South Lake Hospital Inc is more than just a healthcare provider; it is a community partner, dedicated to improving the lives of its residents. Its mission to enhance individual and community health is at the forefront of every initiative and program it offers. Through its integrated approach to healthcare, South Lake Hospital Inc is making a significant impact on the lives of those it serves.

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Impact




October, 2024

South Lake Hospital Inc plays a vital role in enhancing the health and quality of life for individuals and communities in South Lake County. The hospital serves as a comprehensive center for health, wellness, and fitness, effectively integrating preventative and medical care with a focus on fitness, healthy activities, and nutrition. By prioritizing community education, South Lake Hospital empowers residents with the knowledge and resources needed to make informed health choices. Located in Clermont, Florida, the hospital actively contributes to the well-being of the local population, fostering a healthier community through its initiatives and services.




This information is meant to be a general summary of South Lake Hospital 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.

Revenue
$360,908,981 (2022)
Expenses
$306,354,983 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,006,675
  • Program Service Revenue: $348,792,886
  • Gross Receipts: $373,738,095

Assets and Liabilities:

  • Total Assets: $652,834,012
  • Total Liabilities: $151,859,459
  • Net Assets: $500,974,553

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$331,768,731

ST OF FLA SPECIAL MEDICAID

Revenue

$12,564,193

CAFETERIA SALES

Revenue

$329,834

LATE FEES - PATIENT ACCOUNTS

Revenue

$26,348

Organization Details

Founding Year

1995

Main Address

1900 DON WICKHAM DRIVE, CLERMONT, FL, 347111979

NTEE Category

Code: E220 - Health

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