Florida Hospital Assn Inc
- Assets
- $15.5m
- Revenue
- $12.2m
- Investments
- $4.5m
- Employees
- 26
- Location
- Tallahassee, FL
- Founding
- 06/1964
- Data as of
- 12/2022
- EIN
- 59-0690327
Organization Overview
Florida Hospital Assn Inc is located in Tallahassee, FL. The organization was established in 1964. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, Florida Hospital Assn Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Hospital Assn Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Florida Hospital Assn Inc generated $12.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $9.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP & PROMOTE HEALTH CARE EDUCATION, INFORMATION & CONSULTATION PROGRAMS AND SERVICES THAT ENHANCE THE QUALITY OF HEALTH CARE PROVIDED IN FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTED ABILITY OF MEMBER HOSPITALS AND HEALTHCARE SYSTEMS TOEFFECTIVELY AND EFFICIENTLY SERVE HEALTHCARE NEEDS OF THEIR COMMUNITIESTHROUGH ADVOCACY, EDUCATION, RESEARCH, REPRESENTATION AND SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bo Boulenger Chair-Elect | Trustee | 0.25 | $0 |
Conor P Delaney Trustee | Trustee | 0.25 | $0 |
Danielle Drummond Trustee | Trustee | 0.25 | $0 |
G Mark O'bryant Trustee | Trustee | 0.25 | $0 |
Gino Santorio Treasurer | OfficerTrustee | 0.25 | $0 |
Jeff Feasel Trustee | Trustee | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
King & Spalding Legal Services | 12/30/22 | $338,617 |
The Nickels Group Consulting And Lobbying | 12/30/22 | $165,000 |
Smith Bryan And Meyers Inc Consulting And Lobbying | 12/30/22 | $162,770 |
Aegis Business Technologies It Services | 12/30/22 | $131,144 |
Johnson And Blanton Consulting And Lobbying | 12/30/22 | $125,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $665,961 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $665,961 |
| Total Program Service Revenue | $8,192,064 |
| Investment income | $22,365 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,423,072 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,244,969 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $460,303 |
| Grants and other assistance to domestic individuals. | $739,838 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,548,201 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,508,116 |
| Pension plan accruals and contributions | $188,650 |
| Other employee benefits | $636,353 |
| Payroll taxes | $227,741 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $269,940 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $170,282 |
| Fees for services: Other | $996,047 |
| Advertising and promotion | $152,180 |
| Office expenses | $53,191 |
| Information technology | $198,413 |
| Royalties | $0 |
| Occupancy | $168,198 |
| Travel | $130,581 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $325,531 |
| Interest | $16,985 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $82,592 |
| Insurance | $111,423 |
| All other expenses | $0 |
| Total functional expenses | $9,209,118 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,238,979 |
| Savings and temporary cash investments | $2,557,883 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $239,461 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $344,326 |
| Net Land, buildings, and equipment | $836,468 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,486,568 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,794,162 |
| Total assets | $15,497,847 |
| Accounts payable and accrued expenses | $760,252 |
| Grants payable | $0 |
| Deferred revenue | $295,448 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,602,687 |
| Total liabilities | $3,658,387 |
| Net assets without donor restrictions | $11,839,460 |
| Net assets with donor restrictions | $0 |
| 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 | $15,497,847 |
Grants Awarded
Over the last fiscal year, Florida Hospital Assn Inc has awarded $8,136,898 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS FLORIDA HOSPITALS PURPOSE: COVID-19 ASSISTANCE | $7,711,898 |
FLORIDA CONSUMER AWARENESS PURPOSE: CONSUMER EDUCATION | $315,000 |
A HEALTHY FLORIDA WORKS PURPOSE: CONSUMER EDUCATION | $85,000 |
LET'S PRESERVE THE AMERICAN DREAM PURPOSE: CONSUMER EDUCATION | $25,000 |