AdventHealth West Florida Imaging Inc

EIN: 843225135 501(c)(3)

Tampa, FL

Total Revenue
$6,570,830
Total Expenses
$10,435,953
Total Assets
$5,819,574
Net Assets
$1,111,018
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
FL
Principal Officer
Jennifer Snider
Phone
8138034030
Tax Period
2023-01-01 to 2023-12-31

AdventHealth West Florida Imaging Inc, founded in 2019, is a community nonprofit that reported $6.6M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $10.4M exceeded revenue, resulting in a 59% operating deficit.

Mission

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.The filing organization and healthcare system whose parent is Adventist Health System Sunbelt Healthcare Corporation is known as AdventHealth. AdventHealth seeks to be widely respected as a consumer-focused organization that engages individuals in their health by delivering wholistic, best practice care across a connected, comprehensive continuum of services. With Christ as our example, AdventHealth cares for and nurtures people: our employees, our communities, our healthcare professionals, and those who trust us for care and healing.

Program Service Accomplishments

Program 1
Expenses: $9,191,200 Revenue: $6,570,434

The filing organization operates and provides outpatient imaging services to patients, freestanding emergency departments and independent freestanding imaging sites, and engages in other affiliated...

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The filing organization operates and provides outpatient imaging services to patients, freestanding emergency departments and independent freestanding imaging sites, and engages in other affiliated business activities to further the health and well-being of the communities served by the filing organization.

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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 $6,570,434
Investment Income $396
Other Revenue $0
TOTAL REVENUE $6,570,830

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,734,645
Fundraising Expenses $0
Program Expenses $9,191,200
Other Expenses $5,701,308
TOTAL EXPENSES $10,435,953

Year-over-Year Comparison

2023 2022 Change
Revenue $6,570,830 $4,856,831 +0.4%
Expenses $10,435,953 $8,661,814 +0.2%
Net Income $-3,865,123 $-3,804,983 +0.0%
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

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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
7
Independent Members
N/A
Employees
95
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
$2,714,929
Total Directors
8
$8,940,133
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OttatiDavid Director/Pres/Chairman 0.10
Officer Director
$0 $214,123 $2,195,971
BerghermBruce Secretary/Director 0.10
Director
$0 $36,935 $1,701,501
WanderslebenJennifer Director 0.10
Director
$0 $161,468 $1,381,811
DidenkoVadym Treasurer/Director 0.10
Director
$0 $152,149 $1,082,929
JohannessenJohn Director (End 03/2023) 2.50
Director
$0 $37,571 $865,323
McGuinnessRobin Director 0.10
Director
$0 $72,958 $724,095
PresswoodClay Director 2.50
Officer Director
$0 $94,552 $518,958
NewmyerJason Director (Beg 01/2023) 0.10
Director
$0 $90,784 $469,545
SchultzMicheal Former Officer 0.00
$0 $0 $228,763
Nelson Tina Imaging Manager 40.00
Highest
$133,535 $23,662 $157,197
WrightAmber C/T MRI Technologist 35.00
Highest
$101,911 $15,972 $142,286
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 $6,570,830 $10,435,953 $5,819,574 $-3,865,123
2022 $4,856,831 $8,661,814 $5,030,182 $-3,804,983
2021 $3,549,934 $5,905,365 $5,116,805 $-2,355,431
2020 $1,870,660 $3,523,591 $4,292,414 $-1,652,931
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