HOMESTEAD HOSPITAL INC Charity Report

Public IRS 990 nonprofit record

HOMESTEAD HOSPITAL INC

EIN 65-0232993 · General Hospitals (E22)

What they do

SEE FORM 990, PART III, LINE 1

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $93.20 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 explanation is very short. Ask what work they really do.

They name their leaders23 people are listed in the latest report.

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

Money made simple

94.25%of revenue went to mission work93.2% of expenses · Program services

$94.20spent for every $100 of revenueRevenue covered expenses this year.

6.92%of revenue went to management and office costs6.8% of expenses

$0.24in assets for every $1 spent this yearSome assets cannot be spent right away.

0.2%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 $623,135 for CHARLES ANDERSON AUGUSTUS II (CHIEF MEDICAL OFFICER). 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$529,922,145

Mission workProgram services$499,464,75194.25% of revenue93.2% of expenses

ManagementOffice and general costs$36,693,8306.92% of revenue6.8% of expenses

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

Total expenses$536,158,581101.18% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 93.2% mission · 6.8% management · 0.0% fundraisingTotal expenses: 101.18% of revenue

2022Expense mix: 91.7% mission · 8.3% management · 0.0% fundraisingTotal expenses: 109.24% of revenue

2021Expense mix: 90.4% mission · 9.6% management · 0.0% fundraisingTotal expenses: 106.14% of revenue

2020Expense mix: 90.4% mission · 9.6% management · 0.0% fundraisingTotal expenses: 97.74% of revenue

2019Expense mix: 91.5% mission · 8.5% management · 0.0% fundraisingTotal expenses: 103.44% of revenue

2018Expense mix: 92.5% mission · 7.5% management · 0.0% fundraisingTotal expenses: 108.66% of revenue

2017Expense mix: 94.0% mission · 6.0% management · 0.0% fundraisingTotal expenses: 110.40% of revenue

2016Expense mix: 94.0% mission · 6.0% management · 0.0% fundraisingTotal expenses: 105.93% of revenue

Money in and money out

Revenue$569,147,137

Expenses$536,158,581

Annual surplus $32,988,556 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)$499,464,751 · 93.2% of expenses

Management and office costs$36,693,830 · 6.8% of expenses

See all reported dollar amounts

Revenue$569,147,137

Expenses$536,158,581

Assets$128,118,528

Income$569,707,124

Contributions$855,765

Mission work (program services)$499,464,751

Grants given$36,376

Average grant$7,275

Management and general$36,693,830

Executive compensation (total)$332,883

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

CHARLES ANDERSON AUGUSTUS IICHIEF MEDICAL OFFICER · 50 hrs/week $623,135Base $590,698 · Other $32,437

ANA CABRERAVP OF NURSING · 50 hrs/week $433,544Base $347,205 · Other $86,339

DAVID ABERCROMBIEVP OPERATIONS · 50 hrs/week $413,143Base $348,902 · Other $64,241

KARL W CETTAAVP HOSPITAL ADMIN, END 10/1/2023 · 45 hrs/week $273,295Base $257,069 · Other $16,226

KURT H KADELAVP HOSPITAL ADMIN · 45 hrs/week $272,789Base $244,197 · Other $28,592

MARIE-ELSIE ADEPHARMACY DIRECTOR · 45 hrs/week $259,004Base $237,356 · Other $21,648

ANN M ALLENAVP NURSING, END 12/31/2023 · 45 hrs/week $254,018Base $222,323 · Other $31,695

SHERINE A CRAIGAVP NURSING · 45 hrs/week $247,175Base $225,661 · Other $21,514

KENNETH SPELLCEO · 50 hrs/week $162,416Base · Other $162,416

EDWARD G SHASHATYVP FINANCE HOSPITAL OPERATIONS · 8 hrs/week $136,725Base · Other $136,725

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 (23)

CHARLES ANDERSON AUGUSTUS IICHIEF MEDICAL OFFICER

ANA CABRERAVP OF NURSING

DAVID ABERCROMBIEVP OPERATIONS

KARL W CETTAAVP HOSPITAL ADMIN, END 10/1/2023

KURT H KADELAVP HOSPITAL ADMIN

MARIE-ELSIE ADEPHARMACY DIRECTOR

ANN M ALLENAVP NURSING, END 12/31/2023

SHERINE A CRAIGAVP NURSING

KENNETH SPELLCEO

EDWARD G SHASHATYVP FINANCE HOSPITAL OPERATIONS

WILLIE CARPENTERDIRECTOR

STEVEN SAPPDIRECTOR

REV WILLIAM CHAMBERS IIIDIRECTOR

RENE W TAYLORDIRECTOR

RAO UPPALURIDIRECTOR

MARIA COSTA SMITHDIRECTOR

JOSE PRADODIRECTOR

JOHN P MAAS ESQDIRECTOR - END 06/2024

JOHANNA PATERSON CARRIERDIRECTOR

JEANNE F JACOBSDIRECTOR

GEORGE E CADMAN IIIDIRECTOR

DAVID TRUEBA MDDIRECTOR - END 03/2024

BILL R TILLETTDIRECTOR

About this charity

Recognized since: January 1991
Location: 975 BAPTIST WAY, HOMESTEAD, FL 33033-7600
County: Miami-Dade
In care of: % FINANCE DEPARTMENT
Primary officer: JANETTE SANCHEZ, CORPORATE VP OF FINANCE

How to reach them

WebsiteVisit the charity’s website Phone(786) 662-7000

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: DELOITTE TAX LLP
NTEE classification: General Hospitals (E22)
IRS tax category: General Hospitals
Grant-giving organization: Yes