SOUTH LAKE HOSPITAL INC Charity Report

Public IRS 990 nonprofit record

SOUTH LAKE HOSPITAL INC

EIN 59-3322533 · Health Care (E220)

What they do

to IMPROVE THE HEALTH and QUALITY of LIFE of THE INDIVIDUALS and COMMUNITIES IN SOUTH LAKE COUNTY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $99.40 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 2023The report may be old. Ask for a newer one.

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

They name their leaders16 people are listed in the latest report.

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

Money made simple

81.52%of revenue went to mission work99.4% of expenses · Program services

$65.35spent for every $100 of revenueRevenue covered expenses this year.

0.52%of revenue went to management and office costs0.6% of expenses

$2.42in assets for every $1 spent this yearSome assets cannot be spent right away.

0.1%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 $603,466 for MAHMOUD FUAD BAKEER MD (BOARD MEMBER). 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 2023

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$437,923,390

Mission workProgram services$356,999,60581.52% of revenue99.4% of expenses

ManagementOffice and general costs$2,296,6600.52% of revenue0.6% of expenses

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

Revenue left after expensesReported annual surplus$78,627,12517.95% of revenueShown in gray on the chart

Total expenses$359,296,26582.05% 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

2023CurrentExpense mix: 99.4% mission · 0.6% management · 0.0% fundraisingTotal expenses: 82.05% of revenue

2022Expense mix: 99.4% mission · 0.6% management · 0.0% fundraisingTotal expenses: 84.63% of revenue

2021Expense mix: 99.4% mission · 0.6% management · 0.0% fundraisingTotal expenses: 84.88% of revenue

2020Expense mix: 98.7% mission · 1.3% management · 0.0% fundraisingTotal expenses: 82.61% of revenue

2019Expense mix: 85.9% mission · 14.1% management · 0.0% fundraisingTotal expenses: 85.83% of revenue

2018Expense mix: 95.9% mission · 4.1% management · 0.0% fundraisingTotal expenses: 80.45% of revenue

2017Expense mix: 82.7% mission · 17.3% management · 0.0% fundraisingTotal expenses: 85.89% of revenue

2016Expense mix: 82.5% mission · 17.5% management · 0.0% fundraisingTotal expenses: 88.99% of revenue

Money in and money out

Revenue$549,826,570

Expenses$359,296,265

Annual surplus $190,530,305 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)$356,999,605 · 99.4% of expenses

Management and office costs$2,296,660 · 0.6% of expenses

See all reported dollar amounts

Revenue$549,826,570

Expenses$359,296,265

Assets$868,261,683

Income$801,417,546

Contributions$342,041

Mission work (program services)$356,999,605

Grants given$950,086

Average grant$190,017

Management and general$2,296,660

Stocks and bonds$245,748,049

Investing fees$2,715

People

Leadership and board

Tax year 2023

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

People reported as paid

Person and titleCompensation

MAHMOUD FUAD BAKEER MDBOARD MEMBER · 55 hrs/week $603,466Base $525,178 · Other $78,288

PAUL MARK JOHNSAVP, OH & COO, SLH · 55 hrs/week $367,829Base $322,093 · Other $45,736

JENNIFER GRAFTONAVP, OH & CFO, SLH · 55 hrs/week $348,889Base $289,602 · Other $59,287

BONNIE J ONOFREBOARD MEMBER UNTIL 3/29/24 · 55 hrs/week $319,361Base $293,365 · Other $25,996

BONNIE BENNETTADM, PATIENT CARE · 55 hrs/week $315,662Base $285,292 · Other $30,370

JEANETTE M BONSTROMDIR, PHARMACY SERVICES · 55 hrs/week $242,714Base $206,863 · Other $35,851

STEPHANIE STAPELFELDTSR. DIR, HUMAN RESOURCES · 55 hrs/week $227,226Base $180,089 · Other $47,137

LESLIE FLAKECHIEF FINANCIAL OFFICER (UNTIL JULY 2024) · 2 hrs/week $174,203Base · Other $174,203

JOHN A MOOREFORMER BOARD MEMBER, CHAIRMAN UNTIL 09/2020 $134,583Base · Other $134,583

LANCE E SEWELLBOARD MEMBER, CHAIRMAN/PRESIDENT · 55 hrs/week $129,737Base · Other $129,737

CARY J DTONABOARD MEMBER, SECRETARY/TREASURER · 2 hrs/week $115,173Base · Other $115,173

MILDRED DENISE BEAMFORMER BOARD MEMBER, VICE-CHAIR (TERM END 12/2019) $93,567Base · Other $93,567

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 (16)

MAHMOUD FUAD BAKEER MDBOARD MEMBER

PAUL MARK JOHNSAVP, OH & COO, SLH

JENNIFER GRAFTONAVP, OH & CFO, SLH

BONNIE J ONOFREBOARD MEMBER UNTIL 3/29/24

BONNIE BENNETTADM, PATIENT CARE

JEANETTE M BONSTROMDIR, PHARMACY SERVICES

STEPHANIE STAPELFELDTSR. DIR, HUMAN RESOURCES

LESLIE FLAKECHIEF FINANCIAL OFFICER (UNTIL JULY 2024)

JOHN A MOOREFORMER BOARD MEMBER, CHAIRMAN UNTIL 09/2020

LANCE E SEWELLBOARD MEMBER, CHAIRMAN/PRESIDENT

CARY J DTONABOARD MEMBER, SECRETARY/TREASURER

MILDRED DENISE BEAMFORMER BOARD MEMBER, VICE-CHAIR (TERM END 12/2019)

LUSHANTHA SAJOTHA GUNASEKERA MDFORMER BOARD MEMBER (TERM END 12/2019)

BERNADETTE SPONGINTERIM CHIEF FINANCIAL OFFICER (AS OF JULY 2024)

AMIT VARMA MDBOARD MEMBER, VICE CHAIRMAN

JEFFREY FITCH MDBOARD MEMBER

About this charity

Recognized since: January 1997
Location: 1900 DON WICKHAM DRIVE, CLERMONT, FL 34711-1979
County: Lake
In care of: % LESLIE FLAKE
Primary officer: BERNADETTE SPONG, Interim CFO

How to reach them

WebsiteVisit the charity’s website Phone(352) 394-4071 Officer phone(321) 841-5078

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: ERNST & YOUNG US LLP
NTEE classification: Health Care (E220)
Grant-giving organization: Yes