AdventHealth Home Health and Hospice Inc

EIN: 592935928 501(c)(3) Human Services

Maitland, FL

Total Revenue
$49,672,880
Total Expenses
$47,006,724
Total Assets
$19,068,021
Net Assets
$9,096,731
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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
FL
Principal Officer
Rema Cole
Phone
4076820808
Tax Period
2023-01-01 to 2023-12-31

AdventHealth Home Health and Hospice Inc, founded in 1990, is a mid-sized nonprofit in the Human Services sector that reported $49.7M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $47.0M left a modest 5% surplus.

Mission

Hospice of the Comforter is compassionate people providing compassionate and expert end of life care. Hospice is guided by the highest ethical principles while caring for the physical, emotional and spiritual needs of the patients and their families facing an incurable illness.Adventist Health System Sunbelt Healthcare Corporation and all its subsidiary organizations were established by the Seventh-Day Adventist Church to bring a ministry of healing and health to the communities served. Our mission is to extend the healing ministry of Christ.

Program Service Accomplishments

Program 1
Expenses: $34,582,237 Revenue: $49,462,456

Hospice provides services in Orange, Seminole, and Osceola counties - we were privileged in 2023 to provide end-of-life compassionate care to 4,119 adults and children living in Orange, Seminole and...

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Hospice provides services in Orange, Seminole, and Osceola counties - we were privileged in 2023 to provide end-of-life compassionate care to 4,119 adults and children living in Orange, Seminole and Osceola County and also at Hospice House on our campus. In 2023, 366 staff members and 140 active volunteers joined together believing in one mission. Our patients and families believe in our work and we are privileged to believe in our mission first. More information can be found on our website: www.adventhealth.com.

Program 2

Hospice started the Breathe! Pulmonary Care Program in 2020, aimed at serving patients with End-Stage COPD and other pulmonary diseases. This expansion was in order to provide even more resources and...

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Hospice started the Breathe! Pulmonary Care Program in 2020, aimed at serving patients with End-Stage COPD and other pulmonary diseases. This expansion was in order to provide even more resources and options to the Central Florida community and maintain its excellent service standard to extend the healing ministry of Christ.

Program 3

Horizons Bereavement Center - We specialize in offering grief support to caregivers and their families, for 13 months after a death. This commitment is seen at our Horizon's Bereavement center in...

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Horizons Bereavement Center - We specialize in offering grief support to caregivers and their families, for 13 months after a death. This commitment is seen at our Horizon's Bereavement center in 2023 providing 1,198 individual counseling sessions (for both adults and children), in addition to 131 group sessions offered at no cost to adults regardless of whether their loved one was served by our organization. Children are the "forgotten grievers and our licensed counselors were able to serve 85 different participants that attended 335 hours of group sessions including, virtual support groups and support groups in the public-school systems for both Orange and Seminole Counties. Bereavement support is not reimbursed and is provided at no cost through the generosity of our community.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $144,214
Program Service Revenue $49,462,456
Investment Income $66,210
Other Revenue $0
TOTAL REVENUE $49,672,880

Expense Breakdown

Grants Paid $0
Salaries & Benefits $33,461,242
Fundraising Expenses $0
Program Expenses $34,582,237
Other Expenses $13,545,482
TOTAL EXPENSES $47,006,724

Year-over-Year Comparison

2023 2022 Change
Revenue $49,672,880 $42,625,527 +0.2%
Expenses $47,006,724 $42,406,809 +0.1%
Net Income $2,666,156 $218,718 +11.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
510
Volunteers
143

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
1
$343,450
Total Directors
5
$534,692
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sitarik Sherrie L Director 0.10
Director
$0 $0 $0
Randolph Sandra L Director/Secretary 0.10
Director
$360 $0 $360
Halikman Farlen Vice Chairman/Director 0.10
Director
$0 $0 $0
Adler DO Lee M Director 0.10
Director
$0 $0 $729
Schoch MD Peter Chairman/Director (End 07/23) 0.10
Director
$0 $46,006 $533,603
Cole Rema Administrator 25.00
Officer
$0 $43,838 $343,450
Covington MD Michelle Physician 40.00
Highest
$225,495 $41,319 $266,814
Levison MD Bradford Physician 40.00
Highest
$200,644 $17,903 $218,547
Joshi DO Alok Physician 40.00
Highest
$211,854 $22,427 $234,281
Goldstein MD Steven Physician 40.00
Highest
$219,609 $30,982 $250,591
Moore MD Eric A Executive Medical Director 40.00
Highest
$254,205 $45,810 $396,934
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
2023 $49,672,880 $47,006,724 $19,068,021 $2,666,156
2022 $42,625,527 $42,406,809 $17,168,281 $218,718
2021 $39,513,160 $36,315,024 $23,267,854 $3,198,136
2020 $37,260,171 $33,754,041 $20,340,185 $3,506,130
2019 $37,465,224 $35,318,549 $14,979,074 $2,146,675
2018 $30,372,536 $28,985,128 $9,499,425 $1,387,408
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