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Adventist Health System Sunbelt Healthcare Corporation

Altamonte Springs, FL · EIN 59-2170012 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Adventist Health System Sunbelt Healthcare Corporation reported $3.19 billion in revenue and $2.74 billion in expenses for calendar year 2024. Of every $100 it spent, $82.11 went to program services, $17.89 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: 73.7% of the total. Government grants made up 10.8%. The highest compensation it reported for one person was $9,855,391 (Dir/President/CEO). 2,691 people received more than $100,000 in reportable compensation. Revenue rose 148% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $2.74B

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 $3.19B

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)
82.1%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
17.9%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
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
10.8%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
10.8%0.1%
Program service revenue share
Part VIII 2g ÷ 12
73.7%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)
0.36%1.34%
People paid over $100,000
Part VII, line 2
2,69127
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
3.06.6
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
$2.25B expenses · 100.0% of program spending · grants $17M · revenue $2.34B

During 2024, the Corporation provided hospital management services to 33 wholly or partially owned tax-exempt hospital corporations. These 33 corporations operate 52 acute-care hospitals

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/CEO
Director/trustee, officer, 50.00 hrs/week
$8,529,704$0$1,325,687$9,855,391
SEVP/Group CEO PHD MSD Strategy
Key employee, 50.00 hrs/week
$4,659,499$0$210,159$4,869,658
SEVP/CFO/Treasurer
Officer, 50.00 hrs/week
$4,373,413$0$350,211$4,723,624
SEVP/Group CEO FL & Clncl
Key employee, 50.00 hrs/week
$4,129,971$0$215,160$4,345,131
Former Key Employee
Former, 0.00 hrs/week
$3,105,063$0$5,748$3,110,811
EVP/CEO West FL Division
Key employee, 50.00 hrs/week
$2,778,371$0$224,088$3,002,459
EVP/Chief Legal Officer
Key employee, 50.00 hrs/week
$2,341,035$0$188,142$2,529,177
EVP/Chief Culture/Transformation Off.
Key employee, 50.00 hrs/week
$2,164,641$0$253,382$2,418,023

2,691 people received more than $100,000 in reportable compensation from Adventist Health System Sunbelt Healthcare Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $37M (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$1.00B$2.00B$3.00B$4.00B201920202021202220232024$3.19B$2.74B
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$3.19B$2.74B82.1%$689M$9,855,391
2023 ⓘ$1.86B$1.87B76.6%$372M$6,344,107
2022 ⓘ$1.64B$1.66B82.2%$299M$5,678,983
2021 ⓘ$1.75B$1.73B81.0%$404M$4,728,689
2020 ⓘ$1.33B$1.28B75.7%$765M$4,569,104
2019 ⓘ$1.29B$1.33B79.1%$673M$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 15aYes
  • 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 57,970
  • Volunteers Part I, line 613

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
The CSI Companies Inc
Staffing Services
$32,565,083
Oracle Health
Implementation/IT Services
$29,729,973
KPMG LLP
Professional Services
$29,009,556
CDW LLC
Maintenance/Support
$27,552,461
EPIC Systems Corp
Implementation/IT Services
$24,772,994

Individuals listed as contractors are left out. 289 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Adventist Health System Sunbelt Healthcare Corporation totaling $2,500 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Adventist Health System Sunbelt Healthcare Corporation'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 System Sunbelt Healthcare Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

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Questions people ask

How much of Adventist Health System Sunbelt Healthcare Corporation's spending goes to programs?

In calendar year 2024, Adventist Health System Sunbelt Healthcare Corporation reported that 82.1% of its $2.74 billion in expenses went to program services, 17.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Adventist Health System Sunbelt Healthcare Corporation pay its top executive?

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

Where does Adventist Health System Sunbelt Healthcare Corporation get its money?

Of $3.19 billion in revenue in calendar year 2024, 10.8% came from contributions and grants (including 10.8% from government grants) and 73.7% from program service revenue (Form 990, Part VIII).

Is Adventist Health System Sunbelt Healthcare Corporation a registered charity?

The IRS lists EIN 59-2170012 as a 501(c)(3) organization (supporting organization (509(a)(3))), 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 202523219349324357 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202521199349301637 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202430459349301973 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202310459349302496 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143199349325949 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003169349306255 · read the filing

All filings for EIN 59-2170012: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.