Nonprofit · EIN 51-0188568
SARASOTA MEMORIAL HEALTHCARE FOUNDATION
Tax-exempt · SARASOTA, FL 34239
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $36,006,342 | $18,830,229 | $17,176,113 | $186,617,988 | $1,345,217 | $185,272,771 |
| September 30, 2024 | 990 | $35,433,550 | $13,125,211 | $22,308,339 | $167,856,429 | $9,025,454 | $158,830,975 |
| September 30, 2023 | 990 | $18,368,153 | $9,389,378 | $8,978,775 | $139,004,778 | $10,678,009 | $128,326,769 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $26,158,554
- Program service revenue
- $0
- Investment income
- $7,786,157
- Net gain from sales of assets
- $3,032,507
- Net income from fundraising events
- $1,661,120
- Other revenue
- $2,061,631
Expenses
- Grants and similar amounts paid
- $14,315,702
- Compensation of officers, directors and key employees
- $418,629
- Other salaries and wages
- $2,016,615
- Salaries, compensation and benefits (total)
- $2,702,653
- Professional fundraising fees
- $151,761
- Legal fees
- $7,890
- Accounting fees
- $31,255
- Occupancy
- $57,864
- Travel
- $7,857
- Depreciation
- $9,275
- Program services (functional)
- $14,315,702
- Management and general (functional)
- $2,079,565
- Fundraising (functional)
- $2,434,962
Balance sheet and other
- Total assets, start of year
- $167,856,429
- Total assets, end of year
- $186,617,988
- Total liabilities, end of year
- $1,345,217
- Net assets, end of year
- $185,272,771
- Land, buildings and equipment
- $56,580
- Publicly traded securities
- $130,328,210
- Net assets without donor restrictions
- $35,789,629
- Net assets with donor restrictions
- $149,483,142
- Gross unrelated business income
- $21,142
- Gross receipts
- $94,320,852
- Employees
- 0
- Volunteers
- 120
- Year formed
- 1976
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STACEY CORLEY | PRESIDENT Officer | 50 | $336,990 | $38,989 |
| PATRICK J MCQUILLAN | VICE PRES. OF STRATEGIC PHILANTHROPY Highest-paid employee | 50 | $191,897 | $33,929 |
| CRAIG A MORAN | DIR. OF DEVELOPMENT Highest-paid employee | 50 | $181,729 | $25,090 |
| SALLY A SCHULE | DIR. OF COMMUNITY ENGAGEMENT Highest-paid employee | 50 | $178,553 | $15,651 |
| SHANA MEADOWS | DIR. OF FINANCE AND OPERATIONS Highest-paid employee | 50 | $171,685 | $15,498 |
| PATRICIA MAHLER | DIR. OF COMMUNICATIONS Highest-paid employee | 50 | $160,223 | $13,052 |
| ROBERT G BARTNER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| CARL W BATTLE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| KEVIN COLLINS | TRUSTEE Trustee or director | 5 | $0 | $0 |
| GARY DORNBUSH | TRUSTEE Trustee or director | 5 | $0 | $0 |
| ROBERT ESSNER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| JOHN GROETELAARS | TRUSTEE Trustee or director | 5 | $0 | $0 |
| THOMAS F KELLY MD | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MICHAEL KLEIN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| TERRY LUNDGREN | TRUSTEE Trustee or director | 5 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GWEN MACKENZIE | TRUSTEE Trustee or director | 5 | $0 |
| DIANE MAYER | TRUSTEE Trustee or director | 5 | $0 |
| JONATHAN E MITCHELL | TRUSTEE Trustee or director | 5 | $0 |
| BARBARA RODKIN | TRUSTEE Trustee or director | 5 | $0 |
| SAMUEL C SCOTT III | TRUSTEE Trustee or director | 5 | $0 |
| JON SODERBERG | TRUSTEE Trustee or director | 5 | $0 |
| JACKIE TILTON | TRUSTEE Trustee or director | 5 | $0 |
| DAVID VERINDER | TRUSTEE Trustee or director | 5 | $0 |
| KIRK VOELKER MD | TRUSTEE Trustee or director | 5 | $0 |
| JOEL MORGANROTH MD | SECRETARY Trustee or director, Officer | 10 | $0 |
| SANDRA K STUART | VICE CHAIR Trustee or director, Officer | 10 | $0 |
| ROBERT LEE WOOD | CHAIR Trustee or director, Officer | 10 | $0 |
| DEBORAH KABINOFF | IMMEDIATE PAST CHAIR Trustee or director, Officer | 5 | $0 |
| ERIC SPIEGEL | TREASURER Trustee or director, Officer | 10 | $0 |
990 for the year ended September 30, 2024: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STACEY CORLEY | PRESIDENT Officer | 50 | $323,606 | $40,929 |
| CRAIG A MORAN | DIR. OF DEVELOPMENT Highest-paid employee | 50 | $175,776 | $26,054 |
| PATRICK J MCQUILLAN | DIR. OF DEVELOPMENT Highest-paid employee | 50 | $166,005 | $35,339 |
| MICHELLE BUTLER | DIR. OF DEVELOPMENT Highest-paid employee | 50 | $160,423 | $35,667 |
| SALLY A SCHULE | DIRECTOR OF COMMUNITY ENGAGEMENT Highest-paid employee | 50 | $174,003 | $22,055 |
| PATRICIA MAHLER | DIR. OF COMMUNICATIONS Highest-paid employee | 50 | $166,419 | $16,514 |
| ROBERT G BARTNER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| CARL W BATTLE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| GARY DORNBUSH | TRUSTEE Trustee or director | 5 | $0 | $0 |
| ROBERT ESSNER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| THOMAS F KELLY MD | TRUSTEE Trustee or director | 5 | $0 | $0 |
| TERRY LUNDGREN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| GWEN MACKENZIE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DIANE MAYER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| JONATHAN E MITCHELL | TRUSTEE Trustee or director | 5 | $0 | $0 |
| BARBARA RODKIN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| SAM SCOTT | TRUSTEE Trustee or director | 5 | $0 | $0 |
| JON SODERBERG | TRUSTEE Trustee or director | 5 | $0 | $0 |
| SANDRA STUART | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DAVID VERINDER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| KIRK VOELKER MD | TRUSTEE Trustee or director | 5 | $0 | $0 |
| JOEL MORGANROTH MD | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| ROBERT LEE WOOD | VICE CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| DEBORAH KABINOFF | CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| PHILIP A DELANEY JR | IMMEDIATE PAST CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| ERIC SPIEGEL | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
990 for the year ended September 30, 2023: 28 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| G MASON AYRES | PRESIDENT TO SEPT 2022 Officer | 50 | $297,976 | $35,004 |
| CRAIG A MORAN | DIR. OF DEVELOPMENT Highest-paid employee | 50 | $168,554 | $27,050 |
| PATRICK J MCQUILLAN | DIR. OF DEVELOPMENT Highest-paid employee | 50 | $159,603 | $35,395 |
| SALLY A SCHULE | DIRECTOR OF COMMUNITY ENGA Highest-paid employee | 50 | $165,338 | $24,165 |
| MICHELLE BUTLER | DIR. OF DEVELOPMENT Highest-paid employee | 50 | $153,831 | $35,391 |
| PATRICIA MAHLER | DIR. OF COMMUNICATIONS Highest-paid employee | 50 | $140,279 | $16,298 |
| STACEY CORLEY | PRESIDENT EFF. OCT 2022 Officer | 50 | $61,654 | $5,077 |
| ROBERT G BARTNER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| CARL W BATTLE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| GARY DORNBUSH | TRUSTEE Trustee or director | 5 | $0 | $0 |
| ROBERT ESSNER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| THOMAS F KELLY MD | TRUSTEE Trustee or director | 5 | $0 | $0 |
| ROBERT P MARTIN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DIANE MAYER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| BARBARA RODKIN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| SAM SCOTT | TRUSTEE Trustee or director | 5 | $0 | $0 |
| JON SODERBERG | TRUSTEE Trustee or director | 5 | $0 | $0 |
| ERIC SPIEGEL | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DAVID VERINDER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| KIRK VOELKER MD | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MARY EVELYN GUYTON | EXEC COMMITTEE MEMBER-AT-L Trustee or director | 5 | $0 | $0 |
| JONATHAN E MITCHELL | EXEC COMMITTEE MEMBER-AT-L Trustee or director | 5 | $0 | $0 |
| ROBERT L WOOD | EXEC COMMITTEE MEMBER-AT-L Trustee or director | 5 | $0 | $0 |
| SANDRA STUART | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| GWEN MACKENZIE | VICE CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| DEBORAH KABINOFF | CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| PHILIP A DELANEY JR | IMMEDIATE PAST CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| JOEL MORGANROTH MD | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1515 S OSPREY AVE STE B4, SARASOTA, FL 34239-2918
- Principal officer (990 for 2024)
- STACEY CORLEY, 1515 S OSPREY AVE B4, SARASOTA, FL 34239
- Signed the 990
- STACEY CORLEY, PRESIDENT
- Phone
- (941) 917-1286
- Website
- WWW.SMHF.ORG
- Return prepared by
- KERKERING BARBERIO & CO
Mission
SARASOTA MEMORIAL HEALTHCARE FOUNDATION IS THE PHILANTHROPIC PARTNER THAT HELPS SARASOTA MEMORIAL HEALTH CARE SYSTEM BRING WORLD-CLASS CARE TO OUR COMMUNITY.
Program accomplishments
- GRANTS TO SARASOTA COUNTY PUBLIC HOSPITAL BOARD, SARASOTA MEMORIAL HOSPITAL AND OTHER NOT-FOR-PROFIT HEALTHCARE ORGANIZATIONS IN SARASOTA COUNTY FOR RESEARCH, PATIENT CARE AND OTHER NEEDS WITH PROGRAMS THAT WILL IMPROVE EFFICIENCY, EFFECTIVENESS, PATIENT SAFETY, AVAILABILITY AND ADVOCACY OF HEALTHCARE IN AN ENVIRONMENT OF WELL BEING FOR OVER 2M INPATIENT AND OUTPATIENT/PHYSICIAN VISITS PER YEAR. THE ONLY HOSPITAL IN FLORIDA TO RECEIVE THE HIGHEST 5-STAR QUALITY RATING FROM THE CENTERS FOR MEDICARE AND MEDICAID IN ALL REPORTING PERIODS SINCE THE PROGRAM BEGAN IN 2016.Expenses $7,612,324 · grants $7,612,324
- GRANTS TO SARASOTA COUNTY PUBLIC HOSPITAL BOARD, SARASOTA MEMORIAL HOSPITAL FOR FACILITIES, AND EQUIPMENT THAT WILL PROVIDE THE MOST ADVANCED, STATE-OF-THE -ART TREATMENTS AND THE HIGHEST QUALITY OF CARE AND COMFORT. NAMED ONE OF THE WORLD'S BEST HOSPITALS 2019-2025 BY NEWSWEEK MAGAZINE. NAMED A TOP HOSPITAL NATIONWIDE IN MONEY MAGAZINE'S THE BEST HOSPITALS OF 2025. RANKED AMONG THE 50 BEST HOSPITALS IN THE NATION IN OBSTETRICS/GYNECOLOGY AND HIGH PERFORMING IN 21 OTHER SPECIALTIES, AND PROCEDURES AND CONDITIONS IN U.S. NEWS' BEST HOSPITALS REPORT FOR 2025/2026. RANKED AMONG THE "BEST MATERNITY CARE HOSPITALS."Expenses $4,726,143 · grants $4,726,143
- GRANTS TO SARASOTA COUNTY PUBLIC HOSPITAL BOARD, SARASOTA MEMORIAL HOSPITAL FOR PROFESSIONAL AND COMMUNITY EDUCATION PROGRAMS REPRESENTING CONTINUING MEDICAL AND PROFESSIONAL EDUCATION, PROFESSIONAL CERTIFICATION AND ONGOING EDUCATIONAL PROGRAMS FOR OVER 10,700+ EMPLOYEES. SARASOTA MEMORIAL HOSPITAL IS ONE OF JUST 1% OF U.S. HOSPITALS TO EARN MAGNET NURSING RECOGNITION-THE HIGHEST HONOR FOR NURSING EXCELLENCE-FIVE TIMES.Expenses $1,977,235 · grants $1,977,235
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 51-0188568
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1978
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E22I)
- Assets (IRS master file)
- $186,617,988
- Income (IRS master file)
- $94,320,852
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $36,006,342 | $18,830,229 | $186,617,988 | XML |
| 990-T | September 2025 | – | – | – | IRS |
| 990 | September 2024 | $35,433,550 | $13,125,211 | $167,856,429 | XML |
| 990-T | September 2024 | – | – | – | IRS |
| 990 | September 2023 | $18,368,153 | $9,389,378 | $139,004,778 | XML |
| 990-T | September 2023 | – | – | – | IRS |
| 990 | September 2022 | $45,874,936 | $21,544,068 | $130,865,564 | IRS |
| 990-T | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990-T | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | 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 51-0188568).
Questions about SARASOTA MEMORIAL HEALTHCARE FOUNDATION
- What is the EIN of SARASOTA MEMORIAL HEALTHCARE FOUNDATION?
- The employer identification number (EIN) of SARASOTA MEMORIAL HEALTHCARE FOUNDATION is 51-0188568.
- Is SARASOTA MEMORIAL HEALTHCARE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to SARASOTA MEMORIAL HEALTHCARE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SARASOTA MEMORIAL HEALTHCARE FOUNDATION 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 SARASOTA MEMORIAL HEALTHCARE FOUNDATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SARASOTA MEMORIAL HEALTHCARE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of SARASOTA MEMORIAL HEALTHCARE FOUNDATION?
- The 990 for the year ended September 30, 2025 names STACEY CORLEY.
- Who are the officers and directors of SARASOTA MEMORIAL HEALTHCARE FOUNDATION?
- The 990 for the year ended September 30, 2025 lists 29 people; 6 received compensation from the organization, the highest $336,990 (STACEY CORLEY, PRESIDENT).
- How much revenue does SARASOTA MEMORIAL HEALTHCARE FOUNDATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $36,006,342, expenses of $18,830,229 and total assets of $186,617,988 at year end.
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- SARASOTA MEDICAL PREGNANCY CENTER INC EIN 05-0533818 · last filed 990 for 2025
- HEALTHY START COALITION OF SARASOTA COUNTY INC EIN 31-1591167 · last filed 990 for 2025