Florida Hospital Healthcare Partners Inc

EIN: 462354804 501(c)(3)

Ormond Beach, FL

Total Revenue
$254,482,623
Total Expenses
$254,485,260
Total Assets
$32,950,423
Net Assets
$-1,230,366
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
FL
Principal Officer
Bryan Mueller
Phone
3862065908
Tax Period
2024-01-01 to 2024-12-31

Florida Hospital Healthcare Partners Inc, founded in 2013, is a major nonprofit that reported $254.5M in total revenue in fiscal year 2024.

Mission

Operation of physician practices and provision of related medical services.

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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 $0
Program Service Revenue $254,621,513
Investment Income $-138,890
Other Revenue $0
TOTAL REVENUE $254,482,623

Expense Breakdown

Grants Paid $0
Salaries & Benefits $205,230,742
Fundraising Expenses $0
Program Expenses $235,640,882
Other Expenses $49,254,518
TOTAL EXPENSES $254,485,260

Year-over-Year Comparison

2024 2023 Change
Revenue $254,482,623 $255,715,033 0.0%
Expenses $254,485,260 $256,040,671 0.0%
Net Income $-2,637 $-325,638 -1.0%
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
4
Independent Members
N/A
Employees
1209
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
2
$1,304,606
Total Directors
5
$10,577,036
Key Employees
2
$1,184,337
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gilbert-Droge Ilene V CEO/Director (End 08/24) 50.00
Officer Director
$0 $88,313 $935,684
Goodman Todd A Director 0.20
Director
$0 $193,035 $2,147,156
Gregory PhD Audrey Director/Chairperson 3.00
Director
$0 $253,636 $1,955,595
Haffner PhD Randall Director 0.20
Director
$0 $215,160 $4,345,131
Thomas Debora Dir/Sec/Treas 3.00
Director
$0 $124,119 $1,193,470
Patenaude Lisa CFO/VP of Finance 50.00
Officer
$0 $28,853 $368,922
Jordan MD Darin E CMO 50.00
Key Emp
$0 $85,939 $663,932
Nolan Ryan J COO 50.00
Key Emp
$0 $79,609 $520,405
Akture MD Erinc Physician 50.00
Highest
$1,764,619 $28,370 $1,792,989
Nasr MD Issam R Physician 50.00
Highest
$1,621,687 $49,028 $1,670,715
Mckinley MD Joseph Physician 50.00
Highest
$1,588,826 $49,029 $1,637,855
Sherid MD Muhammed Physician 50.00
Highest
$1,829,567 $54,047 $1,883,614
Guru MD Samir Physician 50.00
Highest
$2,025,576 $31,012 $2,056,588
Presswood J Clay Former Officer 0.00
$0 $99,527 $545,086
Celano Patricia Former Key Employee 0.00
$0 $156,227 $1,917,020
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 $254,482,623 $254,485,260 $32,950,423 $-2,637
2023 $255,715,033 $256,040,671 $32,370,307 $-325,638
2022 $212,111,873 $212,081,850 $23,384,083 $30,023
2021 $192,832,663 $192,868,643 $26,889,759 $-35,980
2020 $156,851,739 $156,271,969 $20,687,031 $579,770
2019 $148,531,228 $148,531,228 $10,966,139 No data
2018 $125,829,572 $125,829,572 $9,562,281 No data
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