MIDWAY SPECIALTY CARE CENTER INC

EIN: 461773887 501(c)(3) Health Care

FORT PIERCE, FL

Total Revenue
$102,147,363
Total Expenses
$99,337,403
Total Assets
$54,553,312
Net Assets
$51,610,844
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
FL
Phone
7724649746
Tax Period
2024-01-01 to 2024-12-31

MIDWAY SPECIALTY CARE CENTER INC, founded in 2013, is a major nonprofit in the Health Care sector that reported $102.1M in total revenue in fiscal year 2024.

Mission

The mission of Midway specialty care center is to provide intergrated quality and affordable primary care and pharmaceutical services to patients living with an infectious disease.

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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 (2024)

Revenue Breakdown

Contributions & Grants $287,743
Program Service Revenue $100,530,951
Investment Income $727,040
Other Revenue $601,629
TOTAL REVENUE $102,147,363

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,746,885
Fundraising Expenses $171,718
Program Expenses $98,007,238
Other Expenses $86,590,518
TOTAL EXPENSES $99,337,403

Year-over-Year Comparison

2024 2023 Change
Revenue $102,147,363 $103,311,207 0.0%
Expenses $99,337,403 $95,429,305 +0.0%
Net Income $2,809,960 $7,881,902 -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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
185
Volunteers
N/A

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
5
$1,431,472
Total Directors
1
$361,799
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHRYN HAYDEN CHIEF FINANCIAL 55.00
Officer
$374,675 $0 $374,675
RAJA TALATI CHIEF MED/INFO 65.00
Officer
$367,433 $0 $367,433
MOTI RAMGOPAL Chairman 65.00
Director
$361,799 $0 $361,799
LORAINE M DOWDY-COLLAZO DO PHYSICIAN 40.00
$333,598 $0 $333,598
CANDICE T JOSEPH PHYSICIAN 40.00
$310,097 $0 $310,097
RAJ B UTTAMCHANDANI PHYSICIAN 40.00
$304,109 $0 $304,109
DANIEL A WARNER PHYSICIAN 40.00
$301,928 $0 $301,928
HECTOR BOLIVAR PHYSICIAN 40.00
$297,617 $0 $297,617
BETHANY HARRIS CHIEF HUMAN RES 50.00
Officer
$289,007 $0 $289,007
ANAND SUKHRAM CHIEF EXECUTIVE 55.00
Officer
$217,174 $0 $217,174
MICHAEL TESSON CHIEF OPERATING 50.00
Officer
$183,183 $0 $183,183
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 No data No data No data No data
2024 $102,147,363 $99,337,403 $54,553,312 $2,809,960
2023 $103,311,207 $95,429,305 $51,095,281 $7,881,902
2022 $82,527,165 $80,959,310 $40,356,317 $1,567,855
2021 $72,218,081 $62,621,292 $38,905,057 $9,596,789
2020 $64,198,324 $50,995,786 $29,139,263 $13,202,538
2019 $48,678,944 $40,829,882 $15,285,391 $7,849,062
2018 $18,235,542 $14,779,954 $8,637,751 $3,455,588
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