Morton Plant Hospital Association Inc
- Assets
- $1.2b
- Revenue
- $852.1m
- Investments
- $0.0
- Employees
- 5,289
- Location
- Clearwater, FL
- Founding
- 08/1942
- Data as of
- 12/2019
- EIN
- 59-0624462
Organization Overview
Morton Plant Hospital Association Inc is located in Clearwater, FL. The organization was established in 1942. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2019, Morton Plant Hospital Association Inc employed 5,289 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, Morton Plant Hospital Association Inc generated $852.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $785.1m during the year ending 12/2019. While expenses have increased by 5.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Morton Plant Hospital Association Inc has awarded 32 individual grants totaling $27,022,050. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
MORTON PLANT HOSPITAL ASSOCIATION, INC. WILL IMPROVE THE HEALTH OF ALL WE SERVE THROUGH COMMUNITY-OWNED HEALTH CARE SERVICES THAT SET THE STANDARD FOR HIGH-QUALITY, COMPASSIONATE CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MORTON PLANT HOSPITAL ASSOCIATION, INC. (MPHA) IS A FULL-SERVICE 837-BED COMMUNITY HOSPITAL. DURING 2019, MPHA PROVIDED INPATIENT CARE TO 41,868 PATIENTS, TREATED 140,069 PATIENTS IN THE EMERGENCY DEPARTMENT, AND DELIVERED 2,231 BABIES. THROUGH EFFORTS OF THE MEDICAL ASSISTANCE PROGRAM AND THE HOSPITAL'S CHARITY CARE PROGRAM MPHA SAW A NET COMMUNITY BENEFIT EXPENSE OF $88 MILLION. THE HOSPITAL ALSO PROVIDED OTHER COMMUNITY SERVICES TOTALING MORE THAN $7.8 MILLION. THESE INCLUDE HEALTH SCREENINGS, EDUCATIONAL PROGRAMS, SPONSORSHIPS AND RESEARCH. REFER TO SCHEDULE H FOR ADDITIONAL INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Key, Director Operations | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
In Compass Health Inc Medical Services | 12/30/19 | $6,495,181 |
Wehr Constructors Inc Construction Services | 12/30/19 | $4,381,138 |
Bay Linen Inc Laundry Services | 12/30/19 | $6,042,289 |
Aegis Therapies Inc Therapy Services | 12/30/19 | $4,077,314 |
Sayyahs Cleaning Services Inc Cleaning Services | 12/30/19 | $2,541,397 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $7,533,965 |
| Government grants | $143,058 |
| All other contributions, gifts, grants, and similar amounts not included above | $366,591 |
| Noncash contributions included in lines 1a–1f | $92,314 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,043,614 |
| Total Program Service Revenue | $837,143,986 |
| Investment income | $879 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $680,919 |
| Net Gain/Loss on Asset Sales | -$287 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,564,866 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $852,052,211 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,525,324 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $514,297 |
| Compensation of current officers, directors, key employees. | $514,297 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $243,953,527 |
| Pension plan accruals and contributions | $9,367,460 |
| Other employee benefits | $16,875,683 |
| Payroll taxes | $17,497,547 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $165,486 |
| Fees for services: Accounting | -$343 |
| Fees for services: Lobbying | $6,925 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,901,173 |
| Advertising and promotion | $392,494 |
| Office expenses | $11,838,330 |
| Information technology | $1,569,850 |
| Royalties | $0 |
| Occupancy | $20,203,611 |
| Travel | $1,528,986 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,103,071 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,632,835 |
| Insurance | $12,244,290 |
| All other expenses | $62,134,452 |
| Total functional expenses | $785,050,819 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $377,536 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $75,044,626 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $247,930 |
| Inventories for sale or use | $17,048,584 |
| Prepaid expenses and deferred charges | $4,086,217 |
| Net Land, buildings, and equipment | $444,819,114 |
| Investments—publicly traded securities | $3,878 |
| Investments—other securities | $0 |
| Investments—program-related | $5,606,850 |
| Intangible assets | $0 |
| Other assets | $651,903,509 |
| Total assets | $1,199,138,244 |
| Accounts payable and accrued expenses | $30,706,284 |
| Grants payable | $0 |
| Deferred revenue | $333,847 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $7,611,233 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $102,527 |
| Total liabilities | $38,753,891 |
| Net assets without donor restrictions | $1,160,026,574 |
| Net assets with donor restrictions | $357,779 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,199,138,244 |
Grants Awarded
Over the last fiscal year, Morton Plant Hospital Association Inc has awarded $4,525,024 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Tampa, FL PURPOSE: RESIDENCY PROGRAM | $3,820,625 |
Clearwater, FL PURPOSE: MEDICAL CLINIC FUNDING | $325,000 |
Clearwater, FL PURPOSE: HOMELESS SHELTER FUNDING | $97,968 |
New Port Richey, FL PURPOSE: PATHWAYS PROGRAM | $78,300 |
New Port Richey, FL PURPOSE: MEDICAL CLINIC FUNDING | $75,000 |
Dade City, FL PURPOSE: MEDICAL CLINIC FUNDING | $58,131 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Morton Plant Hospital Association Inc has recieved totaling $14,912,446.
| Awarding Organization | Amount |
|---|---|
Morton Plant Mease Health Care Inc Clearwater, FL PURPOSE: HOSPITAL SUPPORT | $7,456,223 |
Morton Plant Mease Health Care Foundation Inc Clearwater, FL PURPOSE: SEE SCHEDULE O FOR GRANT DESCRIPTIONS | $7,456,223 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Piedmont Hospital Incorporated Atlanta, GA | $1,763,549,225 | $1,110,027,803 |
Shands Jacksonville Medical Center Inc Jacksonville, FL | $664,920,656 | $872,003,409 |
Lakeland Regional Medical Center Inc Lakeland, FL | $848,882,351 | $905,422,211 |
Morton Plant Hospital Association Inc Clearwater, FL | $1,199,138,244 | $852,052,211 |
Medical Center Of Central Georgia Inc Macon, GA | $1,263,100,131 | $832,091,905 |
Mount Sinai Medical Center Of Florida Inc Miami Beach, FL | $1,036,825,508 | $767,922,503 |
University Community Hospital Inc Tampa, FL | $1,125,458,239 | $761,872,885 |
Tallahassee Memorial Healthcare Inc Tallahassee, FL | $991,316,249 | $705,262,777 |
Holmes Regional Medical Center Rockledge, FL | $836,033,476 | $676,432,078 |
Baptist Hospital Inc Pensacola, FL | $424,581,073 | $637,271,785 |
Cobb Hospital Marietta, GA | $377,533,901 | $772,795,328 |
South Miami Hospital Inc Miami, FL | $328,157,202 | $674,336,307 |