Lakeland Regional Health Systems
Lakeland Regional Health Systems reported $356.4 million in revenue and $242.5 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $88.07 went to program services, $11.93 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 61.4% of the total. The highest compensation it reported for one person was $1,740,097 (President/Chief Exec. Officer). 328 people received more than $100,000 in reportable compensation. Revenue rose 399% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $243MFor 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 fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $356MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.1% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.9% | 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 | 37.6% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,740,097 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.72% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 328 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 41.5 | 6.6 |
| Independent voting board members Part VI 1a–1b | 13 of 13 | 88.9% |
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
FY2025 · Form 990, Part III · the three largest programs by expenseThe organization's strategic imperative is to develop as a nationally recognized, fiscally strong and growing collaborative regional health system that improves lives by offering safe, high quality, equitable and affordable healthcare, while demonstrating an equal commitment to the promotion of individual and community health, wellness and disease prevention
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President/Chief Exec. Officer Officer, 1.00 hrs/week | $0 | $1,487,708 | $252,389 | $1,740,097 |
| Physician Highest compensated employee, 1.00 hrs/week | $1,583,904 | $0 | $20,181 | $1,604,085 |
| Physician Highest compensated employee, 1.00 hrs/week | $1,200,035 | $0 | $51,176 | $1,251,211 |
| Physician Highest compensated employee, 1.00 hrs/week | $1,174,812 | $0 | $49,763 | $1,224,575 |
| Physician Highest compensated employee, 1.00 hrs/week | $1,159,690 | $0 | $49,796 | $1,209,486 |
| Physician Highest compensated employee, 1.00 hrs/week | $1,110,828 | $0 | $30,191 | $1,141,019 |
| EVP - Chief Financial Officer Officer, 1.00 hrs/week | $0 | $828,288 | $161,524 | $989,812 |
328 people received more than $100,000 in reportable compensation from Lakeland Regional Health Systems (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · 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–1b13 · 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 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 51,262
Correct a figure or respond
Every number above is copied from Lakeland Regional Health Systems's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Lakeland Regional Health Systems, you can publish a response that is linked from this page.
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Of every $100 Lakeland Regional Health Systems spent in FY2025, $88.07 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Lakeland Regional Health Systems's spending goes to programs?
In the fiscal year ending September 30, 2025, Lakeland Regional Health Systems reported that 88.1% of its $242.5 million in expenses went to program services, 11.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Lakeland Regional Health Systems pay its top executive?
The largest total compensation Lakeland Regional Health Systems reported for one person in the fiscal year ending September 30, 2025 was $1,740,097, for the role of President/Chief Exec. Officer (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Lakeland Regional Health Systems get its money?
Of $356.4 million in revenue in the fiscal year ending September 30, 2025, 0.0% came from contributions and grants and 37.6% from program service revenue (Form 990, Part VIII).
Is Lakeland Regional Health Systems a registered charity?
The IRS lists EIN 59-2650464 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
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202642269349302769 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202522279349300427 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202432269349301478 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202322139349300827 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202242239349302104 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122239349301962 · read the filing
All filings for EIN 59-2650464: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.