Health Systems Of Indian River Inc

Organization Overview

Health Systems Of Indian River Inc is located in Vero Beach, FL. The organization was established in 1999. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Health Systems Of Indian River Inc 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 12/2018, Health Systems Of Indian River Inc generated $571.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $725.9k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF ITS SOLE MEMBER, INDIAN RIVER MEMORIAL HOSPITAL, A SECTION 501(C)(3) ORGANIZATION, TO PROVIDE HEALTHCARE SERVICES TO THE RESIDENTS OF INDIAN RIVER COUNTY IN FLORIDA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HEALTH SYSTEMS OF INDIAN RIVER, INC. HOLDS INVESTMENTS WHICH SUPPORT THE PURPOSES OF INDIAN RIVER MEMORIAL HOSPITAL, INC. IN ADDITION, HEALTH SYSTEMS OF INDIAN RIVER, INC. HOLDS THE LAND AND BUILDING WHICH ARE USED BY VERO RADIOLOGY ASSOCIATES, A DISREGARDED ENTITY OF INDIAN RIVER MEMORIAL HOSPITAL, INC. HEALTH SYSTEMS OF INDIAN RIVER, INC. ALSO HOLDS THE LAND AND BUILDING OF THE HEALTH AND WELLNESS CENTER, WHICH IS OCCUPIED BY MANY OF INDIAN RIVER MEDICAL CENTER'S PHYSICIAN PRACTICES. THE PROXIMITY OF THESE FACILITIES TO INDIAN RIVER MEMORIAL HOSPITAL PROVIDES CONVENIENTLY LOCATED MEDICAL CARE TO AREA RESIDENTS.


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)Compensation
Gerri Smith
Secretary
$0
Jack Pastor
Vice Chairman
$0
Wayne Hockmeyer PHD
Chairman
$0
Jack Weisbaum
Treasurer
$0
Jeffrey L Susi
President/ceo
$0
George Eighmy
Senior Vp, CFO (as Of 1/01/17)
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $2,997
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$18,757
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $571,189

Create an account to unlock the data you need.

or