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Nonprofit · EIN 59-2170012

ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION

Tax-exempt · ALTAMONTE SPG, FL 32714

Financials

$1.6B$1.7B2022$1.9B$1.9B2023$3.2B$2.7B2024
Revenue Expenses · by fiscal year end
Financials of ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,188,539,500$2,738,002,698$450,536,802$12,470,500,054$11,781,172,577$689,327,477
December 31, 2023990$1,862,805,097$1,871,776,075-$8,970,978$10,118,641,975$9,746,166,334$372,475,641
December 31, 2022990$1,641,947,111$1,661,959,102-$20,011,991$8,189,002,593$7,890,178,527$298,824,066
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$343,697,149
of which government grants
$343,570,827
Program service revenue
$2,349,316,986
Investment income
$495,179,677
Net rental income
$345,688
Net gain from sales of assets
$161,656,601
Other revenue
$345,688

Expenses

Grants and similar amounts paid
$17,148,687
Compensation of officers, directors and key employees
$36,811,146
Other salaries and wages
$761,419,799
Salaries, compensation and benefits (total)
$1,125,694,978
Professional fundraising fees
$0
Legal fees
$12,937,750
Accounting fees
$3,252,883
Occupancy
$8,854,051
Travel
$14,169,815
Depreciation
$107,119,127
Program services (functional)
$2,248,095,020
Management and general (functional)
$489,907,678

Balance sheet and other

Total assets, start of year
$10,118,641,975
Total assets, end of year
$12,470,500,054
Total liabilities, end of year
$11,781,172,577
Net assets, end of year
$689,327,477
Land, buildings and equipment
$696,798,672
Net assets without donor restrictions
$689,327,477
Gross unrelated business income
$11,211,123
Gross receipts
$3,188,539,500
Employees
7,970
Volunteers
13
Year formed
1981
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 / weekCompensationOther / benefits
Shaw Terry DDir/President/CEO
Trustee or director, Officer
50$8,529,704$1,325,687
Banks DavidSEVP/Group CEO PHD MSD Strategy
Key employee
50$4,659,499$210,159
Rathbun Paul CSEVP/CFO/Treasurer
Officer
50$4,373,413$350,211
Haffner PhD Randall LSEVP/Group CEO FL & Clncl
Key employee
50$4,129,971$215,160
Bacon KennethFormer Key Employee
Former
0$3,105,063$5,748
Ottati DavidEVP/CEO West FL Division
Key employee
50$2,778,371$224,088
Bromme JeffreyEVP/Chief Legal Officer
Key employee
50$2,341,035$188,142
Azevedo OleseaEVP/Chief Culture/Transformation Off.
Key employee
50$2,164,641$253,382
Harcombe DouglasCEO South Market CF South
Highest-paid employee
50$2,241,652$143,249
Snyder Esq Brent GEVP/Chief Information Officer
Key employee
50$2,268,979$40,182
Huffman DavidSVP Finance Operations
Highest-paid employee
50$2,059,235$131,045
Goodman ToddSEO/CFO FL Division
Highest-paid employee
50$1,954,121$193,035
Adams BrianEVP/CEO Central FL Division
Key employee
50$1,878,402$247,277
Moorhead MD DavidEVP/Chief Clinical Off. (End 3/24)
Key employee
50$2,068,264$39,069
Stiltz BryanEVP/CEO PCN/Physician Enterprise
Key employee
50$1,848,121$187,248
39 more people on this return
NameTitleHours / weekCompensationOther / benefits
Gregory AudreyEVP/CEO East Florida Division
Key employee
50$1,701,959$253,636
Celano PatriciaSVP/Associate Chief Clinical Officer
Key employee
50$1,760,793$156,227
Cacciatore MD MichaelEVP/Chief Clinical Officer
Key employee
50$1,820,625$44,295
Box MD BrentSVP/Assoc. Chief Clinical Off. & CMO
Highest-paid employee
50$1,773,770$48,398
Bergherm BrucePres Tampa/CEO West FL Region
Highest-paid employee
50$1,761,749$39,509
Jahn AndrewEVP/CEO Multi-State Div. (Beg 4/24)
Key employee
50$1,591,197$209,932
White VickieSVP/Chief Brand/Consumer Officer
Key employee
50$1,097,580$120,940
Davis BrentEVP/CEO Primary Hlth Div.(Beg 10/24)
Key employee
50$1,025,347$180,470
Baker CraigSVP Strategy & Corp Communications
Key employee
50$499,213$102,919
Schultz MichaelFormer Key Employee
Former
0$570,004$0
Johnson Sandra KFormer Key Employee
Former
24$544,432$17,023
Bigalke John TDirector
Trustee or director
1.7$40,314$0
Tikker BlairDirector
Trustee or director
1.4$38,982$0
Devore Susan DDirector
Trustee or director
1.4$34,982$0
Allen KimberlyDirector
Trustee or director
1.4$31,417$0
Cherry MD Robert ADirector
Trustee or director
1.5$30,868$0
Freese Decker ChristinaDirector
Trustee or director
1.4$29,482$0
Hatton MelindaDirector (Beg 7/24)
Trustee or director
1.1$19,982$0
Thurber Gary FDirector/Vice Chair
Trustee or director
3.3$13,387$0
Smith DMin PhD Ron CDirector/Chairperson
Trustee or director
3.2$9,667$0
Werner Thomas LDirector
Trustee or director
1.1$7,662$0
VandeVere DavidDirector (End 9/24)
Trustee or director
2.5$7,195$0
Rustad GaryDirector
Trustee or director
1.1$7,132$0
Denslow KennethDir./Vice Chair
Trustee or director
3.3$6,890$0
Sauder PhD VinitaDirector (End 5/24)
Trustee or director
1.1$6,682$0
Carlson RonaldDirector
Trustee or director
1.1$6,402$0
Davidson James RDirector (End 9/24)
Trustee or director
2$6,287$0
Freedman DavidDirector (Beg 9/24)
Trustee or director
2.5$6,287$0
Craig Carlos JDir./Vice Chair/Secretary
Trustee or director
3.2$6,062$0
Brooks StephenDirector (Beg 9/24)
Trustee or director
2$5,682$0
DeMoraes DMin EltonDirector (Beg 9/24)
Trustee or director
1.1$5,682$0
Gabriel GarthDirector
Trustee or director
1.1$5,682$0
Grys DMin JohnDirector (End 9/24)
Trustee or director
1.1$5,682$0
Morel Jr D Min Hubert JDirector (Beg 9/24)
Trustee or director
2$5,682$0
Page John MDirector (End 9/24)
Trustee or director
2.5$5,682$0
Patterson AnaDirector
Trustee or director
2$5,682$0
Ramirez EldenDirector (End 9/24)
Trustee or director
2$5,682$0
Scott Glynn CWDirector (Beg 9/24)
Trustee or director
2$5,682$0
Morgan William HDirector (End 10/24)
Trustee or director
1.4$0$0
990 for the year ended December 31, 2023: 53 people
NameTitleHours / weekCompensationOther / benefits
Shaw Terry DDir/President/CEO
Trustee or director, Officer
50$5,008,968$1,335,139
Rathbun Paul CSEVP/CFO/Treasurer
Officer
50$2,658,136$503,993
Haffner PhD Randall LSEVP/Group CEO FL & Clncl
Key employee
50$2,445,711$205,401
Banks DavidSEVP/Group CEO PHD MSD Strategy
Key employee
50$2,205,351$180,461
Randolph KarstenSEO/CFO Multi State Div.
Highest-paid employee
50$2,198,983$169,849
Ottati DavidEVP/CEO West FL Division
Key employee
50$1,981,848$214,123
Bacon KennethSEVP/CEO Multi-State Div.(End 10/23)
Key employee
50$1,770,929$273,737
Moorhead MD DavidEVP/Chief Clinical Officer
Key employee
50$1,879,026$27,212
Goodman ToddSEO/CFO FL Division
Highest-paid employee
50$1,595,485$187,885
Gregory AudreyEVP/CEO East FL Division
Key employee
50$1,486,939$229,438
Bergherm BrucePres Tampa/CEO W FL Region
Highest-paid employee
50$1,664,566$36,935
Zbaraschuk AmySVP/SFO Northwest FL Market
Highest-paid employee
50$1,515,552$111,230
Bromme JeffreyEVP/Chief Legal Officer
Key employee
50$1,424,585$179,624
Snyder Esq Brent GEVP/Chief Information Officer
Key employee
50$1,472,845$38,000
Murrill MichaelCEO Zephyrhills/Dade/Connerton
Highest-paid employee
50$1,420,477$54,621
Azevedo OleseaEVP/Chief Admin. Officer
Key employee
50$1,197,267$216,442
Adams BrianEVP/CEO Central FL Division
Key employee
50$1,225,857$183,603
Stiltz BryanEVP/CEO PCN/Physician Enterprise
Key employee
50$1,226,531$167,645
Celano PatriciaSVP/Associate Chief Clinical Officer
Key employee
50$1,153,266$142,301
White VickieSVP/Chief Brand/Consumer Officer
Key employee
50$699,771$110,122
Johnson Sandra KFormer Key Employee
Former
24$578,592$17,727
Baker CraigSVP Strategy & Corp Communications
Key employee
50$411,860$91,343
Schultz MichaelFormer Key Employee
Former
0$228,763$0
Soler EddieFormer Key Employee
Former
16$178,702$7,015
Bigalke John TDirector
Trustee or director
1.7$42,605$0
Devore Susan DDirector
Trustee or director
1.4$29,606$0
Tikker BlairDirector
Trustee or director
1.4$29,606$0
Cherry MD Robert ADirector
Trustee or director
1.5$29,105$0
Johnson Tidjani MichelleDirector (End 12/23)
Trustee or director
1.4$25,606$0
Freese Decker ChristinaDirector (Beg 3/23)
Trustee or director
1.4$18,606$0
Smith DMin PhD Ron CDirector/Chairperson
Trustee or director
3.3$11,541$0
Allen KimberlyDirector (Beg 12/23)
Trustee or director
1.4$10,606$0
Werner Thomas LDirector
Trustee or director
1.1$6,835$0
Thurber Gary FDirector/Chairperson
Trustee or director
3.3$6,503$0
Rustad GaryDirector
Trustee or director
1.1$6,306$0
Craig Carlos JDir./Vice Chair/Secretary
Trustee or director
3.2$6,181$0
Denslow KennethDir./Vice Chair
Trustee or director
3.3$6,181$0
Davidson James RDirector (Beg 9/23)
Trustee or director
2$6,166$0
Freedman DavidDirector (End 9/23)
Trustee or director
2.5$6,166$0
Carlson RonaldDirector (Beg 9/23)
Trustee or director
1.1$6,128$0
VandeVere DavidDirector (Beg 9/23)
Trustee or director
2.5$6,128$0
Machado AllanDirector (End 9/23)
Trustee or director
1.1$6,066$0
Shaw EdD KennethDirector (End 9/23)
Trustee or director
1.1$6,066$0
Brooks StephenDirector (End 9/23)
Trustee or director
1.1$5,806$0
Gabriel GarthDirector
Trustee or director
1.1$5,806$0
Grys DMin MD JohnDirector
Trustee or director
1.1$5,806$0
Morel Jr D Min Hubert JDirector (End 9/23)
Trustee or director
2$5,806$0
Page John MDirector (Beg 9/23)
Trustee or director
2.5$5,806$0
Patterson AnaDirector (Beg 9/23)
Trustee or director
1.1$5,806$0
Ramirez EldenDirector (Beg 9/23)
Trustee or director
2$5,806$0
Sauder PhD VinitaDirector
Trustee or director
1.1$5,806$0
Scott Glynn CWDirector (End 9/23)
Trustee or director
2.5$5,806$0
Morgan William HDirector
Trustee or director
1.4$0$0
990 for the year ended December 31, 2022: 50 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Shaw Terry DDir/President/CEO
Trustee or director, Officer
50$4,723,276$0$955,707
Ottati DavidSEVP/CEO West FL Division
Key employee
50$3,686,151$0$220,120
Banks DavidSEVP/Chief Strategy Officer
Key employee
50$2,647,274$0$205,822
Rathbun Paul CSEVP/CFO
Officer
50$2,536,010$0$211,956
Haffner PhD Randall LSEVP/CEO Central FL Division
Key employee
50$2,420,244$0$190,032
Goodman ToddSVP/CFO Central FL Division
Highest-paid employee
50$1,822,857$0$204,341
Bacon KennethSEVP/CEO Multi-State Division
Key employee
50$1,621,638$0$290,272
Celano PatriciaSVP/Associate Chief Clinic Officer
Key employee
50$1,713,469$0$157,405
Keller HerbSVP Applications & Tech AIT
Highest-paid employee
50$1,669,502$0$117,761
Moorhead MD DavidEVP/Chief Clinical Officer
Key employee
50$1,734,675$0$34,340
Christian BruceCEO Bolingbrook/GlenOaks (End 10/22)
Highest-paid employee
50$1,475,732$116,140$39,312
Bromme JeffreyEVP/Chief Legal Officer
Key employee
50$1,361,834$0$193,803
Snyder Esq Brent GEVP/Chief Information Officer
Key employee
50$1,466,962$0$43,282
Bergherm BruceCEO West FL Division
Highest-paid employee
50$1,410,394$0$49,535
Laue MD EdwardVP/CMO THH Mansfied (End 7/22)
Highest-paid employee
50$1,380,377$0$29,711
Stiltz BryanEVP/Physician Enterprise
Key employee
50$1,150,265$0$164,518
Azevedo OleseaSVP/Chief People Officer
Key employee
50$1,039,533$0$182,315
Johnson Sandra KFormer Exec VP/CAO
Former
28$1,055,911$0$57,040
Tol DarylFormer SEVP/CEO Central FL Division
Former
0$792,032$0$104
White VickieSVP/Chief Brand & Consumer Officer
Key employee
50$651,441$0$120,813
Soler EddieFormer SEO/CFO Multi-State
Former
18$679,902$0$44,568
Schultz MichaelFormer SEVP/CEO West FL Division
Former
0$566,508$0$10,300
Bigalke John TDirector
Trustee or director
2$37,511$0$0
Devore Susan DDirector
Trustee or director
2$34,013$0$0
Tikker BlairDirector
Trustee or director
2$34,013$0$0
Cherry MD Robert ADirector
Trustee or director
2$29,511$0$0
Johnson Tidjani MichelleDirector
Trustee or director
2$26,013$0$0
Rustad GaryDirector (Beg 9/22)
Trustee or director
1$6,913$0$0
Aguilera RonaldDirector (End 5/22)
Trustee or director
1$6,088$0$0
Thurber Gary FDirector/Vice Chair
Trustee or director
2$6,063$0$0
VandeVere DavidDirector (End 9/22)
Trustee or director
1$5,888$0$0
Bernard Roger ADirector (End 9/22)
Trustee or director
1$5,708$0$0
Denslow KennethDir./Vice Chair
Trustee or director
2$5,692$0$0
Shaw EdD KennethDirector
Trustee or director
1$5,613$0$0
Werner Thomas LDirector
Trustee or director
1$5,585$0$0
Smith DMin PhD Ron CDirector/Chairperson
Trustee or director
2$5,542$0$0
Craig Carlos JDir./Vice Chair/Secretary
Trustee or director
2$5,417$0$0
Davidson James RDirector (End 9/22)
Trustee or director
1$5,363$0$0
Freedman DavidDirector (Beg 9/22)
Trustee or director
1$5,363$0$0
Ramirez EldenDirector (End 9/22)
Trustee or director
1$5,363$0$0
Scott Glynn CWDirector (Beg 9/22)
Trustee or director
1$5,363$0$0
Brooks StephenDirector (Beg 9/22)
Trustee or director
1$5,238$0$0
Morel Jr D Min Hubert JDirector (Beg 9/22)
Trustee or director
1$5,238$0$0
Page John MDirector (End 9/22)
Trustee or director
1$5,213$0$0
Sauder PhD VinitaDirector
Trustee or director
1$5,213$0$0
Gabriel GarthDirector (Beg 9/22)
Trustee or director
1$5,088$0$0
Machado AllanDirector
Trustee or director
1$5,088$0$0
Thurber John MicDirector (End 9/22)
Trustee or director
1$5,088$0$0
Grys DMin MD JohnDirector (Beg 5/22)
Trustee or director
1$5,013$0$0
Morgan William HDirector
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
900 HOPE WAY, ALTAMONTE SPG, FL 32714-1502
Principal officer (990 for 2024)
David Banks, 900 Hope Way, Altamonte Springs, FL 32714
Signed the 990
Lynn C Addiscott, Officer/Asst. Sec.
Phone
(407) 357-1000

Mission

Adventist Health System Sunbelt Healthcare Corporation and all its subsidiary organizations were established by the Seventh-Day Adventist Church to bring a ministry of healing and health to the communities served. Our mission is to extend the healing ministry of Christ.The hospital and healthcare system whose parent is Adventist Health System Sunbelt Healthcare Corporation is known as AdventHealth. AdventHealth seeks to be widely respected as a consumer-focused organization that engages individuals in their health by delivering wholistic, best practice care across a connected, comprehensive continuum of services. With Christ as our example, AdventHealth cares for and nurtures people: our employees, our communities, our healthcare professionals, and those who trust us for care and healing.

990 for the year ended December 31, 2024

Program accomplishments

  • During 2024, the Corporation provided hospital management services to 33 wholly or partially owned tax-exempt hospital corporations. These 33 corporations operate 52 acute-care hospitals.
    Expenses $2,248,095,020 · grants $17,148,687 · revenue $2,338,105,863

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
59-2170012
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Exempt since
1947
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E210)
Assets (IRS master file)
$12,470,500,054
Income (IRS master file)
$3,188,539,500

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,188,539,500$2,738,002,698$12,470,500,054XML
990-TDecember 2024–––IRS
990December 2023$1,862,805,097$1,871,776,075$10,118,641,975IRS
990-TDecember 2023–––IRS
990December 2022$1,641,947,111$1,661,959,102$8,189,002,593XML
990-TDecember 2022–––IRS
990December 2021$1,749,897,821$1,726,132,145$10,063,109,355IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 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 59-2170012).

Questions about ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION

What is the EIN of ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION?
The employer identification number (EIN) of ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION is 59-2170012.
Is ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1947.
Which annual return does ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION 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 ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION 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 ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION 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 ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION?
The 990 for the year ended December 31, 2024 names David Banks.
Who are the officers and directors of ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION?
The 990 for the year ended December 31, 2024 lists 54 people; 53 received compensation from the organization, the highest $8,529,704 (Shaw Terry D, Dir/President/CEO).
How much revenue does ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,188,539,500, expenses of $2,738,002,698 and total assets of $12,470,500,054 at year end.

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