Overview
What is Florida Hospital Ocala Inc?
Florida Hospital Ocala Inc is a 385-bed acute care hospital situated in Marion County, Florida. With 17,508 patient admissions, 87,108 patient days, and 121,129 outpatient visits during the current year, the hospital plays a significant role in the local community by providing essential medical care. Established as part of Adventist Health System Sunbelt Healthcare Corporation, which was founded by the Seventh-Day Adventist Church, the hospital's mission is to extend the healing ministry of Christ. AdventHealth, the hospital system under Adventist Health System Sunbelt Healthcare Corporation, aims to be a consumer-focused organization, engaging individuals in their health through connected and comprehensive healthcare services. The hospital employs a team of 2,363 dedicated individuals to ensure the delivery of best-practice, wholistic care to the community.
Official website here: www.adventhealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% - Four-Star out of Four Star rating from Charity Navigator.
Florida Hospital Ocala Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's overall score is derived entirely from a single beacon score, indicating that it excels in financial management and transparency. The organization has a majority of independent board members, ensuring governance is free from conflicts of interest.
Strengths highlighted in the review include excellent financial oversight, with a perfect score in audit and oversight processes. Florida Hospital Ocala Inc also demonstrates a strong commitment to accountability through well-established policies, such as conflict of interest and whistleblower protections. The organization reports a high program expense ratio, indicating a significant portion of its funds are directed towards its core programs.
However, the organization has a liabilities to assets ratio of 54.93%, which suggests that while it is maintaining a healthy balance sheet, there may be room for improvement in managing liabilities. Overall, Florida Hospital Ocala Inc is recognized for its strong financial practices and commitment to transparency, making it a trustworthy option for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Hospital Ocala Inc legitimate?
Florida Hospital Ocala Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Hospital Ocala 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: $3,839,115
Professional Fundraising Fees: $0
Other Salaries and Wages: $120,059,095
For more financial information, click here
Official website here: www.adventhealth.com
What is the mission statement of Florida Hospital Ocala Inc?
Florida Hospital Ocala Inc is rooted in the mission of the Seventh-Day Adventist Church to bring healing and health to the communities it serves, as part of Adventist Health System Sunbelt Healthcare Corporation. The organization, known as AdventHealth, is dedicated to delivering comprehensive, consumer-focused healthcare through best practice care and a connected continuum of services. It focuses on nurturing and caring for various stakeholders: employees, communities, healthcare professionals, and those seeking care. With the example of Christ's healing ministry in mind, AdventHealth strives to engage individuals in their health and extend holistic care.
Official website here: www.adventhealth.com
Who is the CEO of Florida Hospital Ocala Inc?
Schultz Michael is the CEO of Florida Hospital Ocala Inc The CEO's salary of Florida Hospital Ocala Inc is $0 and their total compensation is $576,808.
Official website here: www.adventhealth.com
What is the revenue of Florida Hospital Ocala Inc?
Florida Hospital Ocala Inc's revenue in 2022 was $402,707,290.
Official website here: www.adventhealth.com
Who are the executives of Florida Hospital Ocala Inc and what are their salaries?
The average compensation at Florida Hospital Ocala Inc during 2022 was $49,979. There are 2479 employees and 484 volunteers at Florida Hospital Ocala Inc.
Here are 31 key members and their salaries (Florida Hospital Ocala Inc's CEO's salary is $0 and their total compensation is $576,808):
- Compensation: $0
- Related: $3,686,151
- Other: $220,120
- Compensation: $0
- Related: $910,346
- Other: $146,851
- Compensation: $0
- Related: $894,266
- Other: $42,927
- Compensation: $0
- Related: $839,919
- Other: $92,466
- Compensation: $0
- Related: $633,791
- Other: $94,062
- Compensation: $0
- Related: $633,401
- Other: $89,768
- Compensation: $0
- Related: $657,216
- Other: $48,251
- Compensation: $0
- Related: $571,667
- Other: $126,972
- Compensation: $0
- Related: $628,127
- Other: $45,466
- Compensation: $0
- Related: $566,508
- Other: $10,300
- Compensation: $511,822
- Related: $0
- Other: $0
- Compensation: $0
- Related: $362,355
- Other: $0
- Compensation: $0
- Related: $284,843
- Other: $54,489
- Compensation: $0
- Related: $249,367
- Other: $52,505
- Compensation: $24,525
- Related: $176,854
- Other: $35,226
- Compensation: $191,120
- Related: $0
- Other: $39,415
- Compensation: $195,087
- Related: $0
- Other: $28,194
- Compensation: $187,844
- Related: $0
- Other: $35,099
- Compensation: $192,189
- Related: $0
- Other: $28,028
- Compensation: $368
- Related: $5,585
- Other: $0
- Compensation: $368
- Related: $0
- Other: $0
- Compensation: $368
- Related: $0
- Other: $0
- Compensation: $368
- Related: $0
- Other: $0
- Compensation: $368
- Related: $0
- Other: $0
- Compensation: $368
- Related: $0
- Other: $0
- Compensation: $368
- Related: $0
- Other: $0
- Compensation: $368
- Related: $0
- Other: $0
- Compensation: $368
- Related: $0
- Other: $0
- Compensation: $368
- Related: $0
- Other: $0
- Compensation: $368
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.adventhealth.com
Where can I find the form 990 for Florida Hospital Ocala Inc?
Florida Hospital Ocala Inc's most recent form 990 was submitted in 2022 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 Ocala Inc
Florida Hospital Ocala Inc, a subsidiary organization under Adventist Health System Sunbelt Healthcare Corporation, is dedicated to delivering medical care to the community. Established by the Seventh-Day Adventist Church, this hospital embodies a ministry of healing and health. In line with its parent company's mission, Florida Hospital Ocala Inc strives to be widely respected as a consumer-focused organization that engages individuals in their health.
The nonprofit institution, known as AdventHealth, prides itself on providing wholistic and best practice care across a continuum of services. With Christ as its guiding example, Florida Hospital Ocala Inc extends care and nurturing to various stakeholders. It prioritizes the well-being of its employees, the communities it serves, the healthcare professionals in its ranks, and those who entrust it with their care and healing. The organization's mission is to extend the healing ministry of Christ through its provision of medical services.
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Impact
October, 2024
Florida Hospital Ocala Inc plays a vital role in the health and well-being of the Marion County community by providing essential medical care through its 385-bed acute care facility. The hospital facilitated a significant volume of healthcare services, with 17,508 patient admissions, 87,108 patient days, and 121,129 outpatient visits in the current year.
The institution is dedicated to delivering comprehensive and holistic care, operating under the mission to extend a healing ministry that embodies compassion and support for patients and their families. This commitment not only focuses on treating illness but also emphasizes overall wellness and preventative care, ensuring that the community has access to a wide range of medical services.
Through its operations, Florida Hospital Ocala Inc actively engages with the community, enhancing the local healthcare landscape by fostering partnerships and promoting health education. By prioritizing patient-centered care and cultivating a nurturing environment, the hospital significantly enriches the lives of those it serves, aiming to be a trusted resource for health and healing in Ocala and surrounding areas.
This information is meant to be a general summary of Florida Hospital Ocala 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 2022.
- Investment Income: $413,856
- Program Service Revenue: $402,082,175
- Gross Receipts: $403,415,536
Assets and Liabilities:
- Total Assets: $313,662,585
- Total Liabilities: $164,193,405
- Net Assets: $149,469,180
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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
$397,809,230
Medical Office Building Rentals
Revenue
$1,807,582
Cafeteria Revenue
Revenue
$1,649,532
Gift Shop
Revenue
$165,569
Laundry Revenue
Revenue
$93,505
Organization Details
Founding Year
2017
Principal Officer
Joe Johnson
Website
www.adventhealth.comNTEE Category
Code: E22 - Health
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