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Viera Hospital

Rockledge, FL · EIN 26-4019868 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the 3-month short period ending December 31, 2024 (tax year 2024) · View the filing · Correct or respond

Viera Hospital reported $205.8 million in revenue and $161.1 million in expenses for the fiscal year ending September 30, 2024. Of every $100 it spent, $87.09 went to program services, $12.91 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.7% of the total. The highest compensation it reported for one person was $1,781,367 (MEDICAL STAFF PRES. END 1/2024). Revenue rose 53% between FY2020 and FY2024. Source: Form 990, FY2024 (3 mo.).

Where $100 of spending went

The 3-month short period ending December 31, 2024 · Form 990, Part IX, line 25 · total expenses $161M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The 3-month short period ending December 31, 2024 · Form 990, Part VIII · total revenue $206M

The 990 scorecard · same measures for every charity, no grades

FY2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2024Median
Program services
Part IX 25(B) ÷ 25(A)
87.1%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
12.9%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
99.7%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,781,367$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.11%1.34%
People paid over $100,000
Part VII, line 2
027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
14.36.6
Independent voting board members
Part VI 1a–1b
10 of 1088.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2024 (3 mo.) · Form 990, Part III · the three largest programs by expense
$140M expenses · 100.0% of program spending · grants $170K · revenue $205M

Health first's Viera Hospital (vh) opened in april of 2011 and features a 20-bed intensive care unit, and full medical and surgical capabilities. The hospital has 98 all-private patient rooms, which includes a 14-bed birth suite, inpatient diagnostic lab services and vitalwatch eicu which combines telemedicine, software, and 24/7 electronic-monitoring technology. With over 240 physicians in more than 30 specialties, vh offers da vinci robotic surgery and has been recognized as a urogynecology center of excellence in continence care for women and as an accredited comprehensive center metabolic…

Highest reported compensation

FY2024 (3 mo.) · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
MEDICAL STAFF PRES. END 1/2024
Director/trustee, 1.00 hrs/week
$0$1,751,229$30,138$1,781,367
FORMER PRESIDENT/CEO HFI
Former, 0.00 hrs/week
$0$1,703,863$20,932$1,724,795
FRMR SR. VP CEO HOS/EXEC VP CFO/COO END 7/15/2024
Director/trustee, officer, 2.00 hrs/week
$0$980,450$28,047$1,008,497
SR VP CCO/INTERIM CEO HOSP END 7/31/2024
Officer, 2.00 hrs/week
$0$875,347$26,054$901,401
ASSISTANT SECRETARY
Officer, 2.00 hrs/week
$0$817,230$30,967$848,197
FORMER EVP/CFO HFI
Former, 0.00 hrs/week
$0$799,466$20,263$819,729
CHAIR / INTERIM CEO HFI END 8/5/2024
Director/trustee, officer, 2.00 hrs/week
$0$516,274$0$516,274
FORMER VP COO COMM HOSPITA
Former, 0.00 hrs/week
$0$464,890$5,831$470,721

0 people received more than $100,000 in reportable compensation from Viera Hospital (Part VII, line 2).

6 filings since FY2020

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2024 (3 mo.) ⓘ$60M$44M89.1%$193M$1,267,396
FY2024 ⓘ$206M$161M87.1%$192M$1,781,367
FY2023 ⓘ$190M$154M83.5%$168M$2,208,499
FY2022 ⓘ$175M$143M86.0%$150M$3,728,858
FY2021 ⓘ$159M$122M76.6%$134M$3,222,280
FY2020 ⓘ$134M$115M75.4%$116M$3,106,394

Governance answers, as filed

FY2024 (3 mo.) · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 6393

Correct a figure or respond

Every number above is copied from Viera Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Viera Hospital, you can publish a response that is linked from this page.

Questions people ask

How much of Viera Hospital's spending goes to programs?

In the fiscal year ending September 30, 2024, Viera Hospital reported that 87.1% of its $161.1 million in expenses went to program services, 12.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Viera Hospital pay its top executive?

The largest total compensation Viera Hospital reported for one person in the fiscal year ending September 30, 2024 was $1,781,367, for the role of MEDICAL STAFF PRES. END 1/2024 (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Viera Hospital get its money?

Of $205.8 million in revenue in the fiscal year ending September 30, 2024, 0.0% came from contributions and grants and 99.7% from program service revenue (Form 990, Part VIII).

Is Viera Hospital a registered charity?

The IRS lists EIN 26-4019868 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2024 (3 mo.): Form 990 for the 3-month short period ending December 31, 2024, object 202533219349305973 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202521349349306437 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202442289349301564 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202332279349301013 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202222309349300842 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202102259349300505 · read the filing

All filings for EIN 26-4019868: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.