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Adventist Health SystemSunbelt

Altamonte Springs, FL · EIN 59-1479658 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Adventist Health SystemSunbelt reported $8.31 billion in revenue and $6.86 billion in expenses for calendar year 2024. Of every $100 it spent, $87.81 went to program services, $12.19 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: 95.7% of the total. The highest compensation it reported for one person was $9,855,391 (Dir/President/AdventHealth CEO). 5,079 people received more than $100,000 in reportable compensation. Revenue rose 77% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $6.86B

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

Calendar year 2024 · Form 990, Part VIII · total revenue $8.31B

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

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
87.8%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
12.2%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
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.9%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.2%0.1%
Program service revenue share
Part VIII 2g ÷ 12
95.7%93.7%
Highest reported compensation
Part VII-A, columns D–F
$9,855,391$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.14%1.34%
People paid over $100,000
Part VII, line 2
5,07927
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
15.36.6
Independent voting board members
Part VI 1a–1b
13 of 2288.9%

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

2024 · Form 990, Part III · the three largest programs by expense
$6.02B expenses · 100.0% of program spending · grants $45M · revenue $7.95B

Operation of 11 acute care hospitals with 189,711 patient admissions, 964,803 patient days and 2,429,715 outpatient visits in the current year. In addition to hospital operations, the corporation provides medical care through a number of other activities such as urgent care centers, physician clinics, home health services, hospice services, sleep centers, wound centers, therapy and rehab

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Dir/President/AdventHealth CEO
Director/trustee, officer, 1.00 hrs/week
$0$8,529,704$1,325,687$9,855,391
AdventHealth CFO
Officer, 1.00 hrs/week
$0$4,373,413$350,211$4,723,624
Group CEO FL & Clinical
Officer, 1.00 hrs/week
$0$4,129,971$215,160$4,345,131
CEO AH South FL Market
Key employee, 50.00 hrs/week
$0$2,241,652$143,249$2,384,901
Group CFO FL & Clinical
Key employee, 1.00 hrs/week
$0$1,954,121$193,035$2,147,156
CEO Central FL Division
Key employee, 50.00 hrs/week
$0$1,878,402$247,277$2,125,679
Former Key Employee
Former, 0.00 hrs/week
$0$1,692,559$158,445$1,851,004
Physician - Heart Transplant
Highest compensated employee, 75.00 hrs/week
$1,798,089$0$20,209$1,818,298

5,079 people received more than $100,000 in reportable compensation from Adventist Health SystemSunbelt (Part VII, line 2). Compensation of current officers, directors and key employees totaled $16M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$2.50B$5.00B$7.50B$10.0B201920202021202220232024$8.31B$6.86B
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$8.31B$6.86B87.8%$8.72B$9,855,391
2023 ⓘ$7.07B$6.28B89.3%$7.17B$6,344,107
2022 ⓘ$6.25B$5.81B91.7%$6.03B$5,678,983
2021 ⓘ$5.91B$5.15B91.1%$6.08B$4,728,689
2020 ⓘ$4.83B$4.45B91.1%$5.36B$4,569,104
2019 ⓘ$4.69B$4.00B92.2%$4.91B$4,712,219

Governance answers, as filed

2024 · 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–1b22 · 13 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 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 537,154
  • Volunteers Part I, line 61,404

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
Brasfield & Gorrie LLC
Construction Services
$123,354,925
HuntonBrady Architects PA
Design Services
$23,263,535
Brown Parker & Demarinis Advertising Inc
Marketing Services
$22,480,794
Rothman Orthopaedics of Florida PLLC
Medical Services
$13,493,932
Earl Swensson Associates Inc
Design Services
$12,335,097

Individuals listed as contractors are left out. 693 contractors were paid more than $100,000 in all.

Correct a figure or respond

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

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Questions people ask

How much of Adventist Health SystemSunbelt's spending goes to programs?

In calendar year 2024, Adventist Health SystemSunbelt reported that 87.8% of its $6.86 billion in expenses went to program services, 12.2% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Adventist Health SystemSunbelt pay its top executive?

The largest total compensation Adventist Health SystemSunbelt reported for one person in calendar year 2024 was $9,855,391, for the role of Dir/President/AdventHealth CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Adventist Health SystemSunbelt get its money?

Of $8.31 billion in revenue in calendar year 2024, 0.9% came from contributions and grants (including 0.2% from government grants) and 95.7% from program service revenue (Form 990, Part VIII).

Is Adventist Health SystemSunbelt a registered charity?

The IRS lists EIN 59-1479658 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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

  • 2024: Form 990 for calendar year 2024, object 202523219349323827 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202541199349301639 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202420469349303252 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202310469349303026 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133199349331203 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202043219349320134 · read the filing

All filings for EIN 59-1479658: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.