Doctors Hospital Inc

EIN: 043775926 501(c)(3) Health Care

Coral Gables, FL

Total Revenue
$325,434,145
Total Expenses
$314,094,293
Total Assets
$253,089,336
Net Assets
$78,462,825
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
FL
Phone
7866627000
Tax Period
2023-10-01 to 2024-09-30

Doctors Hospital Inc, founded in 2003, is a major nonprofit in the Health Care sector that reported $325.4M in total revenue in fiscal year 2023. Expenses of $314.1M left a modest 3% surplus.

Mission

SEE FORM 990, PART III, LINE 1

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $979,578
Program Service Revenue $325,451,892
Investment Income $144,443
Other Revenue $-1,141,768
TOTAL REVENUE $325,434,145

Expense Breakdown

Grants Paid $12,500
Salaries & Benefits $94,727,313
Fundraising Expenses $0
Program Expenses $283,253,106
Other Expenses $219,354,480
TOTAL EXPENSES $314,094,293

Year-over-Year Comparison

2023 2022 Change
Revenue $325,434,145 $302,428,878 +0.1%
Expenses $314,094,293 $295,269,350 +0.1%
Net Income $11,339,852 $7,159,528 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
1217
Volunteers
119

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$4,907,397
Total Directors
16
$5,500
Key Employees
4
$1,864,819
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Abel Iglesias Director 2.0
Director
$0 $0 $0
Bonnie Blaire ESQ Director 2.0
Director
$0 $0 $0
Carlos Garcia Director 2.0
Director
$0 $0 $0
George C Kakouris Director 2.0
Director
$0 $0 $5,500
Greg Barnes Director 2.0
Director
$0 $0 $0
Judith Zeder Director 2.0
Director
$0 $0 $0
Lisa Guerrant White Director 2.0
Director
$0 $0 $0
Lisa Mendelson Director 2.0
Director
$0 $0 $0
Mike Lowell Director 2.0
Director
$0 $0 $0
Miriam Lopez Director 2.0
Director
$0 $0 $0
Richard Anderson Director 2.0
Director
$0 $0 $0
Robert Berrin Director 2.0
Director
$0 $0 $0
Ronald A Shuffield Director 2.0
Director
$0 $0 $0
Rudy Kranys Director 2.0
Director
$0 $0 $0
Sheldon Anderson Director 2.0
Director
$0 $0 $0
Thad Adams Director 2.0
Director
$0 $0 $0
Edward G Shashaty VP Finance Hospital Operations 8.0
Officer
$0 $136,725 $743,190
Javier Hernandez-Lichtl CEO - END 11/2023 50.0
Officer
$0 $166,151 $3,122,748
Lourdes Boue CEO - Beg 11/2023 25.0
Officer
$0 $38,849 $1,041,459
Annette Alvarado de Castro VP - End 10/2023 50.0
Key Emp
$355,243 $45,569 $400,812
Carlos Hernandez COO - Beg 11/2023 25.0
Key Emp
$0 $83,881 $476,425
Diane Amado-Tate CNO 50.0
Key Emp
$451,886 $90,830 $542,716
Dolores Austin VP - End 01/2024 50.0
Key Emp
$363,226 $81,640 $444,866
Griselle Pastor AVP Nursing 45.0
Highest
$227,156 $25,078 $252,234
Luis Vargas MD Physician 45.0
Highest
$254,478 $18,997 $273,475
Peter Smith Director of Rehab Services 45.0
Highest
$196,712 $21,139 $217,851
Rolando M Lopez CL - CT Technologist 45.0
Highest
$216,323 $23,170 $239,493
Ronye I Kreiner Director Quality Outcomes - End 09/2023 45.0
Highest
$205,579 $14,099 $219,678
Edward Garabedian Former COO 0.0
$0 $98,107 $540,543
Nelson Lazo Former CEO 0.0
$0 $16,231 $441,480
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $325,434,145 $314,094,293 $253,089,336 $11,339,852
2023 $302,428,878 $295,269,350 $225,183,991 $7,159,528
2022 $296,907,706 $292,699,982 $215,685,792 $4,207,724
2021 $306,497,828 $273,590,896 $222,778,361 $32,906,932
2020 $223,176,422 $238,119,751 $215,891,127 $-14,943,329
2019 $237,895,884 $216,803,156 $200,166,141 $21,092,728
2018 $213,018,723 $205,362,160 $180,634,806 $7,656,563
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