North Florida Medical Centers Inc

EIN: 591915144 501(c)(3) Health Care

Tallahassee, FL

Total Revenue
$17,884,580
Total Expenses
$17,338,334
Total Assets
$26,903,461
Net Assets
$17,593,045
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
FL
Principal Officer
Lane M Lunn
Phone
8502986040
Tax Period
2024-04-01 to 2025-03-31

North Florida Medical Centers Inc, founded in 1978, is a mid-sized nonprofit in the Health Care sector that reported $17.9M in total revenue in fiscal year 2024. Expenses of $17.3M left a modest 3% surplus.

Mission

To increase access to quality healthcare and improve the overall health of the community.

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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 $8,500,429
Program Service Revenue $9,133,678
Investment Income $183,428
Other Revenue $67,045
TOTAL REVENUE $17,884,580

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,265,416
Fundraising Expenses $0
Program Expenses $13,362,986
Other Expenses $6,072,918
TOTAL EXPENSES $17,338,334

Year-over-Year Comparison

2024 2023 Change
Revenue $17,884,580 $18,538,518 0.0%
Expenses $17,338,334 $23,394,931 -0.3%
Net Income $546,246 $-4,856,413 -1.1%
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
11
Independent Members
11
Employees
226
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
3
$633,509
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lane M Lunn CEO 40.00
Officer
$200,189 $43,423 $243,612
Jeffrey Wasserman Provider 40.00
Highest
$215,070 $24,481 $239,551
Patrick Brown Chief Medical Officer 40.00
Officer
$207,676 $23,470 $231,146
Christian Hernandez Nazario Provider 40.00
Highest
$178,913 $19,964 $198,877
Bogdan Maliszewski Provider 40.00
Highest
$174,639 $22,041 $196,680
Jenifer Brickler Provider 40.00
Highest
$170,524 $6,942 $177,466
Jennifer Whitfield Provider 40.00
Highest
$148,880 $18,465 $167,345
Victoria Wiggins CFO 40.00
Officer
$140,675 $18,076 $158,751
Grayson Shepard Board member 1.00
Director
$0 $0 $0
Johnny Henderson Board member 1.00
Director
$0 $0 $0
Barbara Coulthurst Board Treasurer 1.00
Director
$0 $0 $0
Patrick Williams Board member 1.00
Director
$0 $0 $0
Perla Palomo Board Secretary 1.00
Director
$0 $0 $0
Berta Jean Kemp Board member 1.00
Director
$0 $0 $0
Anne Tucker Board Chair 1.00
Director
$0 $0 $0
Ella Mae Parrish Board member 1.00
Director
$0 $0 $0
Stan Johnson Board member 1.00
Director
$0 $0 $0
Benjamin Harris Board member 1.00
Director
$0 $0 $0
Frank Williams Board Vice Chair 1.00
Director
$0 $0 $0
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
2025 $17,884,580 $17,338,334 $26,903,461 $546,246
2024 $18,538,518 $23,394,931 $26,832,006 $-4,856,413
2023 $19,560,190 $18,284,100 $25,619,881 $1,276,090
2022 $18,753,953 $17,644,651 $24,539,952 $1,109,302
2021 $19,532,773 $15,264,359 $21,957,444 $4,268,414
2020 $15,342,404 $14,281,848 $17,519,648 $1,060,556
2019 $14,047,027 $13,546,527 $16,729,743 $500,500
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