Boca Raton Regional Hospital Inc
- Assets
- $780.2m
- Revenue
- $582.3m
- Investments
- $0.0
- Employees
- 3,065
- Location
- Boca Raton, FL
- Founding
- 01/1964
- Data as of
- 09/2020
- EIN
- 59-1006663
Organization Overview
Boca Raton Regional Hospital Inc is located in Boca Raton, FL. The organization was established in 1964. 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 09/2020, Boca Raton Regional Hospital Inc employed 3,065 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 09/2020, Boca Raton Regional Hospital Inc generated $582.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $558.0m during the year ending 09/2020. While expenses have increased by 5.1% 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 2015, Boca Raton Regional Hospital Inc has awarded 93 individual grants totaling $1,478,361. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE FORM 990, PART III, LINE 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Ex-Officio Member - President Of Debbie-Rand Memorial Service League, Inc. | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Center For Hematology - Oncology Pa Med/phys Fees | 9/29/20 | $31,781,326 |
Invivo Corp Equipment Maintenance | 9/29/20 | $2,415,856 |
Finfrock Construction Inc Construction | 9/29/20 | $6,466,247 |
Ge Precision Healthcare Llc Construction | 9/29/20 | $3,262,319 |
Finfrock Industries Llc Construction | 9/29/20 | $6,193,714 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $500,000 |
| Government grants | $14,543,204 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,192,039 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,235,243 |
| Total Program Service Revenue | $533,293,010 |
| Investment income | $157,825 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$46,798 |
| Net Gain/Loss on Asset Sales | $8,953 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $582,251,934 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $292,896 |
| Grants and other assistance to domestic individuals. | $500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,616,619 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $173,327,297 |
| Pension plan accruals and contributions | $5,099,373 |
| Other employee benefits | $17,328,944 |
| Payroll taxes | $12,255,612 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,037,273 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $63,056,416 |
| Advertising and promotion | $793,069 |
| Office expenses | $11,291,030 |
| Information technology | $10,963,165 |
| Royalties | $0 |
| Occupancy | $1,585,351 |
| Travel | $86,252 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $185,345 |
| Interest | $435,492 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,324,000 |
| Insurance | $15,514,955 |
| All other expenses | $13,739,709 |
| Total functional expenses | $557,980,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,547 |
| Savings and temporary cash investments | $895,018 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $69,007,373 |
| Loans from Officers, Directors, or Controlling Persons | $197,338 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,663,819 |
| Prepaid expenses and deferred charges | $4,988,918 |
| Net Land, buildings, and equipment | $203,713,148 |
| Investments—publicly traded securities | $26,615,320 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $463,079,177 |
| Total assets | $780,179,658 |
| Accounts payable and accrued expenses | $62,282,678 |
| Grants payable | $0 |
| Deferred revenue | $96,723,621 |
| 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 | $435,281 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $104,923,936 |
| Total liabilities | $264,365,516 |
| Net assets without donor restrictions | $188,600,340 |
| Net assets with donor restrictions | $327,213,802 |
| 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 | $780,179,658 |
Grants Awarded
Over the last fiscal year, Boca Raton Regional Hospital Inc has awarded $285,147 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Boca Raton, FL PURPOSE: SUPPORT FOR MEMORY AND WELLNESS CENTER | $55,000 |
Boynton Beach, FL PURPOSE: SUPPORT | $36,547 |
AMERICAN ASSOCIATION OF CAREGIVING YOUTH PURPOSE: SUPPORT | $25,000 |
Boca Raton, FL PURPOSE: SUPPORT | $25,000 |
PALM BEACH COUNTY MEDICAL SOCIETY PURPOSE: SUPPORT | $20,000 |
Boca Raton, FL PURPOSE: SUPPORT | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 35 grants that Boca Raton Regional Hospital Inc has recieved totaling $1,006,710.
| Awarding Organization | Amount |
|---|---|
Louis And Anne Green Family Foundation Boca Raton, FL PURPOSE: GENERAL | $304,900 |
Louis And Anne Green Family Foundation Boca Raton, FL PURPOSE: GENERAL | $271,700 |
Harvey And Phyllis Sandler Foundation Inc Boca Raton, FL PURPOSE: CHARITABLE PURPOSE | $103,400 |
Louis And Anne Green Family Foundation Boca Raton, FL PURPOSE: GENERAL | $100,100 |
Gerald & Olivia Shapiro Family Foundation Las Vegas, NV PURPOSE: PLATINUM VALUED | $27,500 |
Gerald & Olivia Shapiro Family Foundation Las Vegas, NV PURPOSE: PLATINUM VALUED | $27,500 |
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 |