HOLMES REGIONAL MEDICAL CENTER INC Charity Report

Public IRS 990 nonprofit record

HOLMES REGIONAL MEDICAL CENTER INC

EIN 59-0624371 · Health Care (E220)

What they do

WE EXIST to IMPROVE THE HEALTH and WELLNESS of THE COMMUNITIES WE SERVE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders27 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

77.88%of revenue went to mission work89.9% of expenses · Program services

$86.62spent for every $100 of revenueRevenue covered expenses this year.

8.74%of revenue went to management and office costs10.1% of expenses

$4.83in assets for every $1 spent this yearSome assets cannot be spent right away.

0.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $33,876 for MICHAEL E MULLOWNEY (PRESIDENT HOSPITAL DIVISION BEG 10/2024). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$252,118,635

Mission workProgram services$196,351,24377.88% of revenue89.9% of expenses

ManagementOffice and general costs$22,034,9208.74% of revenue10.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$33,732,47213.38% of revenueShown in gray on the chart

Total expenses$218,386,16386.62% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 89.9% mission · 10.1% management · 0.0% fundraisingTotal expenses: 86.62% of revenue

2023Expense mix: 89.0% mission · 11.0% management · 0.0% fundraisingTotal expenses: 90.67% of revenue

2022Expense mix: 85.4% mission · 14.6% management · 0.0% fundraisingTotal expenses: 94.72% of revenue

2021Expense mix: 88.2% mission · 11.8% management · 0.0% fundraisingTotal expenses: 93.82% of revenue

2020Expense mix: 80.5% mission · 19.5% management · 0.0% fundraisingTotal expenses: 87.75% of revenue

2019Expense mix: 78.5% mission · 21.5% management · 0.0% fundraisingTotal expenses: 96.07% of revenue

2018Expense mix: 79.4% mission · 20.6% management · 0.0% fundraisingTotal expenses: 91.61% of revenue

2017Expense mix: 80.2% mission · 19.8% management · 0.0% fundraisingTotal expenses: 90.12% of revenue

Money in and money out

Revenue$252,118,635

Expenses$218,386,163

Annual surplus $33,732,472 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$196,351,243 · 89.9% of expenses

Management and office costs$22,034,920 · 10.1% of expenses

See all reported dollar amounts

Revenue$252,118,635

Expenses$218,386,163

Assets$1,054,421,129

Income$252,118,635

Contributions$59,278

Mission work (program services)$196,351,243

Grants given$5,360,136

Average grant$63,811

Management and general$22,034,920

Executive compensation (total)$1,041,600

Accounting fees$266,286

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHAEL E MULLOWNEYPRESIDENT HOSPITAL DIVISION BEG 10/2024 · 18 hrs/week $33,876Base · Other $33,876

CRAIG M CANDLEPHYSICIAN ADVISOR · 20 hrs/week $33,228Base · Other $33,228

NICHOLAS W ROMANELLO ESQASSISTANT SECRETARY · 9 hrs/week $31,967Base · Other $31,967

BRETT A ESROCKFMR VP CEO HOSP. EXE VP CFO/COO ASST TREASURER $31,208Base · Other $31,208

CHRISTINE M TOBINCFO HOSPITAL SERVICES · 40 hrs/week $28,484Base · Other $28,484

ANGELICA M RASTEGARLARISYS VP COO HRMC HD · 40 hrs/week $19,439Base · Other $19,439

VICTOR M VARGAS MDCHIEF MEDICAL OFFCER HOSP DIVISION · 39 hrs/week $17,288Base · Other $17,288

PAULA ABRAHAOVP MED AFFAIRS COMM HOSPIT · 40 hrs/week $16,161Base · Other $16,161

JEFFREY C STALNAKER MDFRMR SR VP CCO/INTERIM CEO HOSP $14,612Base · Other $14,612

MICHAEL A SCIALDONEFORMER EVP/CFO HFI $11,967Base · Other $11,967

TERRY L FORDEPRESIDENT/CEO BEG 8/5/2024 · 9 hrs/week $7,976Base · Other $7,976

STEVEN P JOHNSONFORMER PRESIDENT/CEO HFI $3,102Base · Other $3,102

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (27)

MICHAEL E MULLOWNEYPRESIDENT HOSPITAL DIVISION BEG 10/2024

CRAIG M CANDLEPHYSICIAN ADVISOR

NICHOLAS W ROMANELLO ESQASSISTANT SECRETARY

BRETT A ESROCKFMR VP CEO HOSP. EXE VP CFO/COO ASST TREASURER

CHRISTINE M TOBINCFO HOSPITAL SERVICES

ANGELICA M RASTEGARLARISYS VP COO HRMC HD

VICTOR M VARGAS MDCHIEF MEDICAL OFFCER HOSP DIVISION

PAULA ABRAHAOVP MED AFFAIRS COMM HOSPIT

JEFFREY C STALNAKER MDFRMR SR VP CCO/INTERIM CEO HOSP

MICHAEL A SCIALDONEFORMER EVP/CFO HFI

TERRY L FORDEPRESIDENT/CEO BEG 8/5/2024

STEVEN P JOHNSONFORMER PRESIDENT/CEO HFI

KRISTEN M PULIOEXECUTIVE VP CFO BEG 9/2024

DANA S KILBORNETREASURER

JAMES S MITCHELL IIIFRMR EXEC VP/COO HFI/ INTERIM PRESIDENT HOSPITAL D

TAYLOR K SMITHSECRETARY 10/24 PRIOR CHAIR INTERM CEO END 8/5/202

TAMER AHMED MDTRUSTEE

SCOTT T MIKUENTRUSTEE CHAIR 10/24 FORMER SECRETARY

ROBERT K HENRYTRUSTEE (FRMR SECRETARY)

PAMELA A GATTOFORMER TRUSTEE

DR THEODORE R RICHARDSON IIITRUSTEE BEG 10/2023

JAMES C SHAWVICE CHAIR

MARTIN W ISENMAN MDFORMER TRUSTEE

LARRY S BISHOP MDTRUSTEE

KIM K PATRICKTRUSTEE BEG 10/2021

JOSEPH GURRI MDTRUSTEE

JOHN F BREITFELLERFORMER VICE CHAIR

About this charity

Recognized since: January 1945
Location: 3300 S FISKE BLVD, ROCKLEDGE, FL 32955-4306
County: Brevard
In care of: % ARTHUR C SPRINGER II
Primary officer: KRISTEN M PULIO, EXECUTIVE VP CFO

How to reach them

WebsiteVisit the charity’s website Phone(321) 434-5150

Filing and classification

Latest tax year: 2024
Tax period began: October 1, 2024
Return type: 990
NTEE classification: Health Care (E220)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes