Sunsystem Development Corporation

Organization Overview

Sunsystem Development Corporation is located in Altamonte Springs, FL. The organization was established in 1983. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sunsystem Development Corporation 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 12/2021, Sunsystem Development Corporation generated $28.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $27.3m during the year ending 12/2021. While expenses have increased by 7.3% per year over the past 7 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, Sunsystem Development Corporation has awarded 241 individual grants totaling $177,436,410. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

FUND RAISING FOR AFFILIATED TAX-EXEMPT HOSPITALS AND HOSPICE ORGANIZATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUNSYSTEM DEVELOPMENT CORPORATION (SDC) IS INVOLVED IN PHILANTHROPIC ACTIVITIES FOR THE BENEFIT OF ITS AFFILIATED TAX-EXEMPT HOSPITAL ORGANIZATIONS. DURING THE CURRENT TAX YEAR, SDC SUPPORTED THE ACTIVITIES OF FOURTEEN CHARITABLE RELATED TAX-EXEMPT HOSPITAL ORGANIZATIONS AND ONE CHARITABLE HOSPICE ORGANIZATION.


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Board, Officers & Key Employees

Name (title)Compensation
Collis David
Dir/pres-Ah Fdn Central Fl
$0
Shaw Terry
President/ceo
$0
Rathbun Paul
Director/chairman
$0
Johnson Penny
Director
$0
Goodman Todd
Director
$0
Bergherm Bruce
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Blackbaud Inc
Maintenance Fees/training
$140,381
Workability
Consulting Services
$113,683
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$2,098,155
Related organizations$2,393,742
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$5,423,572
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$9,915,469
Total Program Service Revenue$13,168,151
Investment income $4,028,385
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,888,270
Net Income from Fundraising Events -$911,836
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $28,088,439

Grants Awarded

Over the last fiscal year, Sunsystem Development Corporation has awarded $22,830,135 in support to 34 organizations.

Grant RecipientAmount

ADVENTIST HEALTH SYSTEMSUNBELT INC DBA ADVENTHEALTH ORLANDO

Org PageRecipient Profile

Orlando, FL

PURPOSE: General Support

$19,391,753

SOUTHEAST VOLUSIA HEALTHCARE CORP

Org PageRecipient Profile

New Smyrna Beach, FL

PURPOSE: Medical Care

$575,000

CREATION DEVELOPMENT FOUNDATION INC

Org PageRecipient Profile

Celebration, FL

PURPOSE: General Support

$390,000

FLORIDA HOSPITAL MEDICAL GROUP INC

Org PageRecipient Profile

Maitland, FL

PURPOSE: General Support

$351,513

FLETCHER HOSPITAL INC

Org PageRecipient Profile

Hendersonville, NC

PURPOSE: General Support

$294,778

FLORIDA HOSPITAL ZEPHYRHILLS INC

Org PageRecipient Profile

Zephyrhills, FL

PURPOSE: Renovations

$287,776
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Sunsystem Development Corporation has recieved totaling $25,000.

Awarding OrganizationAmount
$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$21,835,332
Earnings$1,243,055
Other Expense$73,573
Ending Balance$23,004,814

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