Adventist Health System Sunbelt Healthcare Corporation

Adventist Health System Sunbelt Healthcare Corporation Overview

Adventist Health System Sunbelt Healthcare Corporation is located in Altamonte Springs, FL. The organization was established in 1947. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2019, Adventist Health System Sunbelt Healthcare Corporation employed 4,940 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes.

For the year ending 12/2019, Adventist Health System Sunbelt Healthcare Corporation generated $1.3b in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 22.6% each year . All expenses for the organization totaled $1.3b during the year ending 12/2019. While expenses have increased by 23.1% 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 2014, Adventist Health System Sunbelt Healthcare Corporation has awarded 226 individual grants totaling $55,212,723. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

PROVISION OF EXECUTIVE LEADERSHIP AND OTHER PROFESSIONAL SUPPORT SERVICES TO SUBSIDIARIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING 2019, THE CORPORATION PROVIDED HOSPITAL MANAGEMENT SERVICES TO 27 WHOLLY OR PARTIALLY OWNED TAX-EXEMPT HOSPITAL AND NURSING HOME CORPORATIONS. THESE 27 CORPORATIONS OPERATE 47 ACUTE-CARE HOSPITALS, AND PROVIDE MANAGEMENT SERVICES TO 12 NURSING HOME FACILITIES.


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Adventist Health System Sunbelt Healthcare Corporation Board, Officers & Key Employees

Adventist Health System Sunbelt Healthcare Corporation Vendors

Vendor Name (Service)Compensation
22squared Inc
Advertising Services
$46,058,544
Cerner Corporation
It Services/support Fees
$48,061,266
Athenahealth Inc
Medical Records & Billing Services
$31,690,191
Cdw Llc
It Services/support Fees
$15,429,204
Advanced Icu Care Inc
Consulting Services
$6,742,280
View All Vendors

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$170,800
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$170,800
Total Program Service Revenue$967,007,110
Investment income $228,890,647
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,128,853
Net Gain/Loss on Asset Sales $90,665,918
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,287,863,328

Adventist Health System Sunbelt Healthcare Corporation Grants Awarded

Over the last fiscal year, Adventist Health System Sunbelt Healthcare Corporation has awarded $12,102,754 in support to 39 organizations.

Grant RecipientAmount

ADVENTIST HEALTH SYSTEMSUNBELT INC

Org PageRecipient Profile

Altamonte Springs, FL

PURPOSE: CREATION Health Patient Care Project

$2,454,187

SOUTHERN ADVENTIST UNIVERSITY

Org PageRecipient Profile

Collegedale, TN

PURPOSE: General Support

$1,452,243

ANDREWS UNIVERSITY

Org PageRecipient Profile

Berrien Springs, MI

PURPOSE: General Support

$1,329,977

SOUTHWESTERN ADVENTIST UNIVERSITY

Org PageRecipient Profile

Keene, TX

PURPOSE: General Support

$1,205,399

Lincoln, NE

PURPOSE: General Support

$1,204,448

OAKWOOD UNIVERSITY

Org PageRecipient Profile

Huntsville, AL

PURPOSE: General Support

$1,160,000
View Grant Profile

Adventist Health System Sunbelt Healthcare Corporation Grants Recieved

Over the last fiscal year, we have identified 1 grants that Adventist Health System Sunbelt Healthcare Corporation has recieved totaling $24,890.

Awarding OrganizationAmount
Adventist Healthcare Inc

Gaithersburg, MD

PURPOSE: PROVIDED DONATIONS TOWARDS THE NORTH AMERICAN DIVISION OF SEVENTH-DAY ADVENTIST (NAD) HEALTHCARE WALL, TO HIGHLIGHT THE HISTORY AND DEVELOPMENT OF ALL THE 5 ADVENTIST HEALTH SYSTEMS IN NORTH AMERICA BECAUSE THE HEALTH MINISTRY IS A MAJOR CORNERSTONE IN THE DEVELOPMENT OF THE ADVENTIST CHURCH.

$24,890
View Grant Recipient Profile

Adventist Health System Sunbelt Healthcare Corporation Peer Organizations

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