Florida Hospital Dade City Inc

EIN: 822567308 501(c)(3)

Dade City, FL

Total Revenue
$94,869,391
Total Expenses
$87,665,222
Total Assets
$58,742,033
Net Assets
$30,765,140
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
FL
Principal Officer
Mike Murrill
Phone
3525211100
Tax Period
2023-01-01 to 2023-12-31

Florida Hospital Dade City Inc, founded in 2017, is a mid-sized nonprofit that reported $94.9M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $87.7M left a modest 8% surplus.

Mission

Provision of medical care to the community through the operation of a 120 bed acute-care hospital.

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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 $0
Program Service Revenue $94,726,696
Investment Income $142,695
Other Revenue $0
TOTAL REVENUE $94,869,391

Expense Breakdown

Grants Paid $59,349
Salaries & Benefits $1,376,933
Fundraising Expenses $0
Program Expenses $81,545,858
Other Expenses $86,228,940
TOTAL EXPENSES $87,665,222

Year-over-Year Comparison

2023 2022 Change
Revenue $94,869,391 $84,523,775 +0.1%
Expenses $87,665,222 $81,488,133 +0.1%
Net Income $7,204,169 $3,035,642 +1.4%
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
19
Independent Members
13
Employees
N/A
Volunteers
27

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
4
$4,153,663
Total Directors
22
$5,595,294
Key Employees
3
$1,362,374
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jennifer Wandersleben Dir/Chair/CEO Heartland Re 3.00
Officer Director
$0 $161,468 $1,381,811
Amanda Maggard Dir/Sec/CEO (end 6/23) 25.00
Officer Director
$0 $121,202 $862,095
Rainer Chan MD Director 0.50
Director
$0 $76,794 $571,496
Rosalie Oliver Director 3.00
Director
$0 $91,492 $633,165
Royce Brown Director 0.50
Director
$0 $91,929 $419,552
Ken Bradley Director 0.50
Director
$0 $27,352 $231,481
Dale Maggard Director 0.50
Director
$0 $0 $614
John Scott Director 0.50
Director
$0 $0 $614
Rebecca Gaddis Director 0.50
Director
$0 $0 $614
Stephen Herr Director 0.50
Director
$0 $0 $614
Scott Cameron Director 0.50
Director
$0 $0 $614
Elaine Jones Director (end 10/23) 0.50
Director
$0 $0 $614
Randall Belcher Director 0.50
Director
$0 $0 $614
Edwin Aguayo Director 0.50
Director
$0 $0 $614
Leroy Hauff Director 0.50
Director
$0 $0 $614
Raymond Pichette Director 0.50
Director
$0 $0 $614
Melanie Barriffe Director 0.50
Director
$0 $0 $614
Reggie Roberts Director (end 6/23) 0.50
Director
$0 $0 $0
Michael Murrill Dir/CEO (beg 7/23) 25.00
Officer Director
$0 $54,621 $1,475,098
Lauran MonBarren Director (beg 8/23) 0.50
Director
$0 $0 $614
Javier Gonzalez MD Director (beg 1/23) 0.50
Director
$0 $0 $6,614
Shashank Mishra MD Director (beg 1/23) 1.27
Director
$6,000 $0 $6,614
Ryan Willis CFO 25.00
Officer
$0 $42,375 $434,659
Rodrigo Torres MD CMO (end 8/23) 25.00
Key Emp
$0 $89,013 $621,105
Gwen Alonso CNO 25.00
Key Emp
$0 $36,680 $376,134
Shane Bedward COO 25.00
Key Emp
$0 $49,763 $365,135
Michael Schultz Former Officer 0.00
$0 $0 $228,763
Jason Newmyer Former VP/Admin 0.00
$0 $90,784 $469,545
Bruce Bergherm Former Officer 0.00
$0 $36,935 $1,701,501
Robin McGuinness Former Key Employee 1.50
$0 $72,958 $724,095
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 $94,869,391 $87,665,222 $58,742,033 $7,204,169
2022 $84,523,775 $81,488,133 $49,935,386 $3,035,642
2021 $75,746,420 $75,031,465 $47,946,588 $714,955
2020 $56,777,143 $58,606,248 $47,924,483 $-1,829,105
2019 $40,629,784 $46,472,098 $39,715,388 $-5,842,314
2018 $22,212,382 $34,543,665 $15,772,672 $-12,331,283
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