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Nonprofit · EIN 46-1876304

ATLANTIC COAST ASC GP 1 INC

Tax-exempt · FT LAUDERDALE, FL 33312

Financials

$356K$616K2023$89K$692K2024
Revenue Expenses · by fiscal year end
Financials of ATLANTIC COAST ASC GP 1 INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$89,357$692,256-$602,899$6,550,754$84,422$6,466,332
December 31, 2023990$355,594$615,840-$260,246$6,741,897$160,613$6,581,284
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$89,357
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$234,057
Salaries, compensation and benefits (total)
$300,186
Professional fundraising fees
$0
Legal fees
$81,054
Accounting fees
$17,258
Occupancy
$14,204
Travel
$884
Depreciation
$567
Management and general (functional)
$692,256

Balance sheet and other

Total assets, start of year
$6,741,897
Total assets, end of year
$6,550,754
Total liabilities, end of year
$84,422
Net assets, end of year
$6,466,332
Net assets without donor restrictions
$6,466,332
Gross receipts
$89,357
Employees
0
Volunteers
2
Year formed
2012
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
Paul SallwasserCEO
Officer
1$0$669,467
Steve EinhornDirector
Trustee or director
1$0$0
Shane StrumDirector
Trustee or director
1$0$0
Scott WesterDirector (until 9/24)
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensationFrom related orgs
Paul SallwasserCEO
Officer
1$0$612,115
Steve EinhornDirector
Trustee or director
1$0$0
Scott WesterDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
3109 STIRLING RD STE 201, FT LAUDERDALE, FL 33312-6558
In care of
% ATTN DIRECTOR OF FINANCE
Principal officer (990 for 2024)
Paul Sallwasser, 3109 Stirling Road 201, Ft Lauderdale, FL 33312
Signed the 990
Paul Sallwasser, CEO
Phone
(954) 302-4765
Return prepared by
RSM US LLP

Mission

To serve the objectives and purposes of its parent, Atlantic Coast ASC Holding Company, Inc. in supporting and benefiting Florida Community Health Network Corp/Memorial Foundation and the South Broward Hospital District and its residents through ownership of a 51% controlling interest in Ambulatory Surgical Facility of South Florida, LLLP, DBA Memorial Same Day Surgery Centers (ASFSF). ASFSF operates ambulatory surgical facilities in the hospital district providing quality health services to residents of the district at reasonable costs, operating in accordance with the community benefit standards of tax exempt healthcare organizations.

990 for the year ended December 31, 2024

Program accomplishments

  • Controlling interest in ASFSF, as described in detail on Schedule O, with the mission to provide efficient and reduced cost healthcare services to the community, in accordance with the policies of the district.
    revenue $89,357

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-1876304
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E21)
Assets (IRS master file)
$6,550,754
Income (IRS master file)
$89,357

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$89,357$692,256$6,550,754XML
990December 2023$355,594$615,840$6,741,897XML
990December 2022$1,090,547$602,553$6,692,303IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-1876304).

Questions about ATLANTIC COAST ASC GP 1 INC

What is the EIN of ATLANTIC COAST ASC GP 1 INC?
The employer identification number (EIN) of ATLANTIC COAST ASC GP 1 INC is 46-1876304.
Is ATLANTIC COAST ASC GP 1 INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to ATLANTIC COAST ASC GP 1 INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does ATLANTIC COAST ASC GP 1 INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ATLANTIC COAST ASC GP 1 INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ATLANTIC COAST ASC GP 1 INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ATLANTIC COAST ASC GP 1 INC?
The 990 for the year ended December 31, 2024 names Paul Sallwasser.
Who are the officers and directors of ATLANTIC COAST ASC GP 1 INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does ATLANTIC COAST ASC GP 1 INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $89,357, expenses of $692,256 and total assets of $6,550,754 at year end.

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