AdventHealth Polk North Inc
- Assets
- $191.6m
- Revenue
- $43.3m
- Investments
- $0.0
- Employees
- 1,385
- Location
- Davenport, FL
- Founding
- Data as of
- 12/2019
- EIN
- 84-1793121
Organization Overview
AdventHealth Polk North Inc, operating under the name AdventHealth Heart of Florida, is located in Davenport, FL. As of 12/2019, AdventHealth Heart of Florida employed 1,385 individuals. AdventHealth Heart of Florida is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE PROVISION OF MEDICAL CARE TO THE COMMUNITY THROUGH THE OPERATION OF A 193 BED HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A 193-BED ACUTE CARE HOSPITAL LOCATED IN POLK COUNTY, FL BEGINNING 9/1/2019. DURING THE CURRENT SHORT YEAR THERE WERE 2,451 PATIENT ADMISSIONS, 9,459 PATIENT DAYS, AND 27,802 OUTPATIENT VISITS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heinrich William Dir/cfo Ah Polk Nrth/sth (beg 9/19) | OfficerTrustee | 33.35 | $0 |
Adams Brian Dir/ceo Ah Polk Nrth/sth (beg 9/19) | OfficerTrustee | 33.35 | $0 |
Keller-Pickford Aimee COO (beg 9/19) | Officer | 50 | $0 |
Tol Daryl Director (beg 4/19) | Trustee | 0.1 | $0 |
Rathbun Paul Director (beg 4/19; End 9/19) | Trustee | 0.1 | $0 |
Trimble Tamara Director (beg 4/19; End 9/19) | Trustee | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morrison Healthcare Nutrition Services | 12/30/19 | $970,599 |
Hospital Management Services Of Florida Patient Financial Services | 12/30/19 | $1,376,088 |
Deloitte Consulting Llp Valuation Services | 12/30/19 | $2,477,627 |
Chspsc Llc It Services | 12/30/19 | $744,730 |
Florida Hospital Medical Group Inc Physician Services | 12/30/19 | $1,228,535 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $43,136,276 |
| Investment income | $125,384 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $62,799 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $43,324,459 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $372,137 |
| Compensation of current officers, directors, key employees. | $372,137 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,169,626 |
| Pension plan accruals and contributions | $558,496 |
| Other employee benefits | $3,163,309 |
| Payroll taxes | $1,081,122 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,223 |
| Fees for services: Other | $13,657,912 |
| Advertising and promotion | $138,287 |
| Office expenses | $1,053,462 |
| Information technology | $547,037 |
| Royalties | $0 |
| Occupancy | $1,843,247 |
| Travel | $35,982 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $160,705 |
| Interest | $220 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,578,403 |
| Insurance | $796 |
| All other expenses | $607,300 |
| Total functional expenses | $50,770,579 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,938 |
| Savings and temporary cash investments | $12,985,679 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,843,284 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,468,885 |
| Prepaid expenses and deferred charges | $1,971,143 |
| Net Land, buildings, and equipment | $118,663,417 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $26,315,891 |
| Other assets | $5,359,397 |
| Total assets | $191,610,634 |
| Accounts payable and accrued expenses | $12,499,547 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,060,128 |
| Total liabilities | $21,559,675 |
| Net assets without donor restrictions | $170,050,959 |
| Net assets with donor restrictions | $0 |
| 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 | $191,610,634 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that AdventHealth Polk North Inc has recieved totaling $31,085.
| Awarding Organization | Amount |
|---|---|
West Central Florida Disasterservices Incorporated Saint Petersburg, FL PURPOSE: FUND FOR EMERGENCIES | $31,085 |
View Grant Recipient Profile
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
4-County Electric Power Association Columbus, MS | $315,642,901 | $133,649,967 |
Christian & Missionary Alliance Foundation Inc Fort Myers, FL | $765,754,381 | $132,801,678 |
Eckerd College St Petersburg, FL | $226,479,498 | $127,879,721 |
Hopehealth Inc Florence, SC | $92,982,404 | $133,071,637 |
Georgia Bankers Association Insurance Trust Inc Atlanta, GA | $79,768,287 | $119,824,197 |
Wellmont Medical Associates Inc Johnson City, TN | $20,115,154 | $123,355,433 |
Leconte Medical Center Knoxville, TN | $91,240,969 | $144,185,798 |
Anderson University Anderson, SC | $269,873,980 | $130,183,026 |
Columbus Regional Healthcare System Whiteville, NC | $197,969,739 | $134,524,668 |
Moses Cone Physician Services Inc Greensboro, NC | $50,601,187 | $84,107,412 |
Georgia's Own Credit Union Atlanta, GA | $3,419,402,865 | $147,500,350 |
Foundation For Affordable Rental Housing Holdings Inc Atlanta, GA | $1,081,953,835 | $238,155,388 |