HEALTH SYSTEMS OF INDIAN RIVER INC Charity Report

Public IRS 990 nonprofit record

HEALTH SYSTEMS OF INDIAN RIVER INC

EIN 65-0705680 · Ambulatory & Primary Health Care (E30)

What they do

to OPERATE EXCLUSIVELY for THE BENEFIT of ITS SOLE MEMBER, INDIAN RIVER MEMORIAL HOSPITAL, A SECTION 501(C)(3) ORGANIZATION, to PROVIDE HEALTHCARE SERVICES to THE RESIDENTS of INDIAN RIVER COUNTY IN FLORIDA.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $99.70 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 2016The 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 leaders24 people are listed in the latest report.

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

Money made simple

209.19%of revenue went to mission work99.7% of expenses · Program services

$209.80spent for every $100 of revenueSpending was higher than revenue this year.

0.61%of revenue went to management and office costs0.3% of expenses

$17.04in assets for every $1 spent this yearSome assets cannot be spent right away.

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.

Worth asking: Expenses exceeded revenue by $1,344,776 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $47,726 for JANICE DONLAN (VP FOUNDATION & COMMUNITY). 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 2016

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$1,224,759

Mission workProgram services$2,562,108209.19% of revenue99.7% of expenses

ManagementOffice and general costs$7,4270.61% of revenue0.3% of expenses

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

Total expenses$2,569,535209.80% 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

2016CurrentExpense mix: 99.7% mission · 0.3% management · 0.0% fundraisingTotal expenses: 209.80% of revenue

2015Expense mix: 99.3% mission · 0.7% management · 0.0% fundraisingTotal expenses: 113.04% of revenue

Money in and money out

Revenue$1,224,759

Expenses$2,569,535

Annual shortfall $1,344,776 Expenses were higher than revenue 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)$2,562,108 · 99.7% of expenses

Management and office costs$7,427 · 0.3% of expenses

See all reported dollar amounts

Revenue$1,224,759

Expenses$2,569,535

Assets$43,777,954

Income$589,946

Mission work (program services)$2,562,108

Management and general$7,427

Accounting fees$7,226

People

Leadership and board

Tax year 2016

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

People reported as paid

Person and titleCompensation

JANICE DONLANVP FOUNDATION & COMMUNITY · 1 hrs/week $47,726Base · Other $47,726

WARREN FULLERVP FINANCE · 1 hrs/week $46,979Base · Other $46,979

JEFFREY L SUSIPRESIDENT/CEO · 1 hrs/week $31,208Base · Other $31,208

CHARLES MACKETT MDSENIOR. VP, CHIEF MEDICAL OFFICER · 1 hrs/week $29,144Base · Other $29,144

GREGORY GARDNERSENIOR VP, CFO (THROUGH 12/31/16) · 1 hrs/week $26,703Base · Other $26,703

VALERIE LARCOMBESENIOR. VP, CLO · 1 hrs/week $19,325Base · Other $19,325

MARGOT HEDENSTROMVP, CNO · 1 hrs/week $10,327Base · Other $10,327

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 (24)

JANICE DONLANVP FOUNDATION & COMMUNITY

WARREN FULLERVP FINANCE

JEFFREY L SUSIPRESIDENT/CEO

CHARLES MACKETT MDSENIOR. VP, CHIEF MEDICAL OFFICER

GREGORY GARDNERSENIOR VP, CFO (THROUGH 12/31/16)

VALERIE LARCOMBESENIOR. VP, CLO

MARGOT HEDENSTROMVP, CNO

WILLIAM BAXTMEMBER

ANTHONY C WOODRUFFMEMBER

WAYNE HOCKMEYER PHDCHAIRMAN

PRANAY RAMDEV MDMEDICAL STAFF REPRESENTATIVE

MICHAEL J HAMMESMEMBER

MATTHEW REISERMEMBER

KEITH MORGANMEMBER

KATHY HENDRIXMEMBER

JULIETTE LOMAX-HOMIER MDMEMBER

JOHN LINDENTHAL MDVICE CHIEF OF STAFF

JACK WEISBAUMTREASURER

JACK PASTORVICE CHAIRMAN

HUGH MCCRYSTAL MDMEMBER

HAL BROWN MDCHIEF OF STAFF

GERRI SMITHSECRETARY

GEORGE EIGHMYSENIOR VP, CFO (AS OF 1/01/17)

DONALD LAURIEMEMBER

About this charity

Recognized since: January 1928
Location: 1000 36TH ST, VERO BEACH, FL 32960-4862
County: Indian River
In care of: % DIANE P HARDEN
Primary officer: GEORGE EIGHMY, CFO

How to reach them

Phone(772) 567-4311

Filing and classification

Latest tax year: 2016
Tax period began: October 1, 2016
Return type: 990
Tax preparer: RSM US LLP
NTEE classification: Ambulatory & Primary Health Care (E30)
IRS tax category: Ambulatory & Primary Health Care