Shands Jacksonville Medical Center Inc
- Assets
- $750.5m
- Revenue
- $894.4m
- Investments
- $0.0
- Employees
- 5,951
- Location
- Jacksonville, FL
- Founding
- 05/1982
- Data as of
- 06/2021
- EIN
- 59-2142859
Organization Overview
Shands Jacksonville Medical Center Inc, operating under the name Uf Health Jacksonville, is located in Jacksonville, FL. The organization was established in 1982. 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 06/2021, Uf Health Jacksonville employed 5,951 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Uf Health Jacksonville is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Uf Health Jacksonville generated $894.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $824.3m during the year ending 06/2021. While expenses have increased by 1.2% per year over the past 6 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION AT SHANDS JACKSONVILLE MEDICAL CENTER, INC. ("SJMC") IS TO HEAL, COMFORT, EDUCATE AND DISCOVER. WE DEDICATE OUR WORK TO IMPROVING THE LIVES OF OUR PATIENTS, AND THE COMMUNITY, THROUGH INNOVATIONS IN HEALTHCARE.
Describe the Organization's Program Activity:
SHANDS JACKSONVILLE MEDICAL CENTER, INC. PROVIDES QUALITY HEALTHCARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, AGE OR ABILITY TO PAY. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION AND STABILITY OF THE MEDICAL CENTER, IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE THESE ESSENTIAL MEDICAL SERVICES. OUR MISSION IS TO SERVE THE COMMUNITY WITH RESPECT BY PROVIDING HEALTHCARE SERVICES AND HEALTH EDUCATION. THE FOLLOWING SERVICES AND ACTIVITIES ARE PROVIDED WHERE THE NEED AND AN INDIVIDUAL'S INABILITY TO PAY COEXIST: FREE CARE AND/OR SUBSIDIZED CARE, CARE PROVIDED TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT OR BELOW COST AND HEALTH ACTIVITIES AND PROGRAMS TO SUPPORT THE COMMUNITY. (CONTINUED IN SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sodexo Inc & Affiliates Food Services | 6/29/21 | $12,204,035 |
Crothall Healthcare Fka Professional Services Housekeeping And Other Management Services | 6/29/21 | $6,820,310 |
Uf Pr Housestaff Medical Staffing Services | 6/29/21 | $24,160,963 |
Morrisons Management Specialists Food Services | 6/29/21 | $6,657,808 |
Sound Physicians Of Florida Ii Medical Staffing Services | 6/29/21 | $5,975,744 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $2,685 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $276,986 |
| Government grants | $74,012,552 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,832,344 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,124,567 |
| Total Program Service Revenue | $807,692,433 |
| Investment income | $1,873,567 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,838,397 |
| Net Gain/Loss on Asset Sales | -$202,704 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $217,545 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $894,366,475 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $40,241,052 |
| 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. | $3,117,263 |
| Compensation of current officers, directors, key employees. | $3,117,263 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $297,069,559 |
| Pension plan accruals and contributions | $11,061,580 |
| Other employee benefits | $40,768,554 |
| Payroll taxes | $22,098,492 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $304,901 |
| Fees for services: Accounting | $212,500 |
| Fees for services: Lobbying | $93,220 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $123,509,251 |
| Advertising and promotion | $2,710,467 |
| Office expenses | $5,303,613 |
| Information technology | $11,340,865 |
| Royalties | $0 |
| Occupancy | $42,420,436 |
| Travel | $267,003 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $292,689 |
| Interest | $7,100,395 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,678,767 |
| Insurance | $3,923,043 |
| All other expenses | $666,836 |
| Total functional expenses | $824,314,667 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,525,812 |
| Savings and temporary cash investments | $80,677,077 |
| Pledges and grants receivable | $9,456,598 |
| Accounts receivable, net | $125,685,896 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $18,233,027 |
| Prepaid expenses and deferred charges | $2,876,872 |
| Net Land, buildings, and equipment | $234,273,588 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $128,808,408 |
| Total assets | $750,537,278 |
| Accounts payable and accrued expenses | $170,923,764 |
| Grants payable | $0 |
| Deferred revenue | $5,541,115 |
| Tax-exempt bond liabilities | $204,540,011 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $13,588,482 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $80,829,894 |
| Total liabilities | $475,423,266 |
| Net assets without donor restrictions | $271,544,660 |
| Net assets with donor restrictions | $3,569,352 |
| 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 | $750,537,278 |
Grants Awarded
Over the last fiscal year, Shands Jacksonville Medical Center Inc has awarded $40,178,396 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Jacksonville, FL PURPOSE: GENERAL SUPPORT | $39,387,953 |
Jacksonville, FL PURPOSE: GENERAL SUPPORT | $705,443 |
Jacksonville, FL PURPOSE: General Support | $85,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Shands Jacksonville Medical Center Inc has recieved totaling $374,237.
| Awarding Organization | Amount |
|---|---|
Genesis Health Inc Jacksonville, FL PURPOSE: OPERATIONAL SUPPORT | $125,000 |
State Chartered Credit Unions In Florida Jacksonville, FL PURPOSE: PROGRAM SUPPORT | $100,000 |
Pga Tour Inc Ponte Vedra Beach, FL PURPOSE: GENERAL SUPPORT | $100,000 |
Northeast Florida Healthcare Coalition Inc Jacksonville, FL PURPOSE: MATERIALS AND TRAINING | $26,206 |
Driven Brands Charitable Foundation Charlotte, NC PURPOSE: CHARITABLE ASSISTANCE | $22,910 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $121 |
Endowment Analysis
| Beg. Balance | $19,550,000 |
| Ending Balance | $19,550,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Community Hospital Inc Tampa, FL | $1,235,213,568 | $915,701,443 |
Morton Plant Hospital Association Inc Clearwater, FL | $1,389,589,934 | $934,836,650 |
Mount Sinai Medical Center Of Florida Inc Miami Beach, FL | $992,427,664 | $901,856,611 |
Shands Jacksonville Medical Center Inc Jacksonville, FL | $750,537,278 | $894,366,475 |
Lakeland Regional Medical Center Inc Lakeland, FL | $799,528,886 | $860,757,084 |
Tallahassee Memorial Healthcare Inc Tallahassee, FL | $1,130,180,703 | $783,859,263 |
Baptist Hospital Inc Pensacola, FL | $1,048,797,666 | $758,112,762 |
Medical Center Of Central Georgia Inc Macon, GA | $1,397,526,718 | $800,413,800 |
Holmes Regional Medical Center Rockledge, FL | $903,830,612 | $776,752,725 |
Phoebe Putney Memorial Hospital Inc Albany, GA | $729,879,818 | $712,342,689 |
Cobb Hospital Marietta, GA | $403,732,052 | $857,038,951 |
South Miami Hospital Inc Miami, FL | $413,367,432 | $763,720,505 |