Nonprofit · EIN 59-3140669
FLORIDA HOSPITAL WATERMAN INC
Also known as ADVENTHEALTH WATERMAN
Tax-exempt · TAVARES, FL 32778
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $476,170,410 | $403,846,074 | $72,324,336 | $709,284,627 | $120,389,328 | $588,895,299 |
| December 31, 2023 | 990 | $427,079,512 | $392,036,337 | $35,043,175 | $637,586,783 | $123,302,324 | $514,284,459 |
| December 31, 2022 | 990 | $357,639,867 | $357,972,893 | -$333,026 | $586,645,300 | $122,952,892 | $463,692,408 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,579,772
- of which government grants
- $30,791
- Program service revenue
- $455,288,898
- Investment income
- $18,301,740
- Net gain from sales of assets
- $6,074,420
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $2,418,752
- Compensation of officers, directors and key employees
- $3,441,591
- Other salaries and wages
- $108,154,602
- Salaries, compensation and benefits (total)
- $156,529,865
- Professional fundraising fees
- $0
- Legal fees
- $63,165
- Accounting fees
- $100,872
- Occupancy
- $6,979,864
- Travel
- $329,842
- Depreciation
- $17,521,657
- Program services (functional)
- $376,220,197
- Management and general (functional)
- $27,625,877
Balance sheet and other
- Total assets, start of year
- $637,586,783
- Total assets, end of year
- $709,284,627
- Total liabilities, end of year
- $120,389,328
- Net assets, end of year
- $588,895,299
- Land, buildings and equipment
- $180,852,825
- Net assets without donor restrictions
- $545,999,173
- Net assets with donor restrictions
- $42,896,126
- Gross unrelated business income
- $213,422
- Gross receipts
- $476,195,110
- Employees
- 2,683
- Volunteers
- 186
- Year formed
- 1992
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Ottati David | Former Reg. CEO Former | 0 | $0 | $2,778,371 | $224,088 |
| Azevedo Olesea | Director (end 2/2024) Trustee or director | 0.1 | $0 | $2,164,641 | $253,382 |
| Gregory PhD Audrey | Dir/Chairman/Reg. CEO Trustee or director, Officer | 10 | $0 | $1,701,959 | $253,636 |
| Celano Patricia | Former Key Employee Former | 0 | $0 | $1,760,793 | $156,227 |
| Biri Abel | Dir./Sec./Hospital Facility CEO Trustee or director, Officer | 50 | $0 | $843,364 | $88,188 |
| Fountain DO Michael | Director/Chief of Staff Trustee or director | 5.97 | $0 | $784,799 | $46,176 |
| Stewart Christine | Director (beg 2/2024) Trustee or director | 0.08 | $0 | $595,010 | $80,446 |
| Goeb-Burkett Michele | Director Trustee or director | 10.5 | $0 | $512,603 | $80,257 |
| Putigna DO Floriano | CMO-Hosp. Facility Key employee | 50 | $0 | $459,687 | $112,204 |
| Young Anita | COO-Hosp. Facility Key employee | 50 | $0 | $463,788 | $73,886 |
| Warren Terri | CFO-Hosp. Facility (end 9/2024) Officer | 50 | $0 | $416,174 | $41,966 |
| Bowman Lisa | CNO-Hosp. Facility Key employee | 50 | $0 | $347,271 | $53,560 |
| Duan Fei | Medical Physicist Highest-paid employee | 50 | $257,983 | $0 | $50,891 |
| Valdivia Diaz Mabel | Exec Director Foundation Highest-paid employee | 50 | $245,498 | $0 | $48,533 |
| Hefley Russell | Pharmacy Operations Manager Highest-paid employee | 50 | $229,722 | $0 | $20,884 |
17 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Rajeev Chandrakala | RN Staff Pool/Float Highest-paid employee | 50 | $208,561 | $0 | $39,531 |
| Tin Win Myat | Clinical Pharmacist Highest-paid employee | 50 | $208,599 | $0 | $22,499 |
| Stimson Michael | Former CNO Former | 0 | $0 | $193,164 | $8,407 |
| Korchuk Andrii | CFO-Hosp. Facility (beg 12/2024) Officer | 50 | $0 | $160,126 | $17,576 |
| Noseworthy Gordon | Director Trustee or director | 0.04 | $0 | $174,252 | $0 |
| Edmundson MD Ross | Former CMO Former | 0 | $0 | $152,339 | $0 |
| Smolter DO Patricia | Director Trustee or director | 1.92 | $310 | $11,075 | $0 |
| Werner Thomas | Director Trustee or director | 0.08 | $0 | $7,662 | $0 |
| Bartlett David | Director Trustee or director | 0.12 | $310 | $0 | $0 |
| Caddell DDS Susan | Director Trustee or director | 0.12 | $310 | $0 | $0 |
| Curet Sharlene | Director Trustee or director | 0.12 | $310 | $0 | $0 |
| DeVos Cynthia | Director Trustee or director | 0.1 | $310 | $0 | $0 |
| Howard Barbara | Director Trustee or director | 0.1 | $310 | $0 | $0 |
| Jean-Pierre Marlyne | Director Trustee or director | 0.12 | $310 | $0 | $0 |
| Mazenko Todd | Director Trustee or director | 0.06 | $310 | $0 | $0 |
| Simons Pam | Director Trustee or director | 0.1 | $310 | $0 | $0 |
| Weiss CPA David | Director Trustee or director | 0.17 | $310 | $0 | $0 |
990 for the year ended December 31, 2023: 34 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Ottati David | Former Reg. CEO Former | 0 | $0 | $1,981,848 | $214,123 |
| Gregory PhD Audrey | Dir/Chairman/Reg. CEO Trustee or director | 10 | $0 | $1,486,939 | $229,438 |
| Azevedo Olesea | Director Trustee or director | 0.15 | $0 | $1,197,267 | $216,442 |
| Celano Patricia | Former Key Employee Former | 0 | $0 | $1,153,266 | $142,301 |
| Fountain DO Michael | Director/Chief of Staff (beg 01/2023) Trustee or director | 1.54 | $7,275 | $905,503 | $43,745 |
| Biri Abel | Dir./Sec./Hospital Facility CEO Trustee or director, Officer | 50 | $0 | $717,004 | $87,931 |
| Putigna DO Floriano | CMO-Hosp. Facility Key employee | 50 | $0 | $427,899 | $105,835 |
| Crunk Frances | Former CFO Former | 0 | $0 | $484,095 | $38,977 |
| Goeb-Burkett Michele | Director Trustee or director | 10.5 | $0 | $442,013 | $72,517 |
| Warren Terri | CFO-Hosp. Facility Officer | 50 | $0 | $427,653 | $85,669 |
| Young Anita | COO-Hosp. Facility Key employee | 50 | $0 | $432,813 | $65,529 |
| Stimson Michael | CNO-Hosp. Facility (end 09/2023) Key employee | 50 | $0 | $345,766 | $36,658 |
| Bowman Lisa | CNO-Hosp. Facility (beg 10/2023) Key employee | 50 | $0 | $330,872 | $49,553 |
| Allen MD Gary | Director/Chief of Staff (end 02/2023) Trustee or director | 0.76 | $0 | $340,245 | $13,146 |
| Duan Fei | Medical Physicist Highest-paid employee | 50 | $267,632 | $0 | $47,945 |
| Rajeev Chandrakala | RN Staff Pool/Float Highest-paid employee | 50 | $229,786 | $0 | $37,139 |
| Valdivia Diaz Mabel | Exec Director Foundation Highest-paid employee | 50 | $222,190 | $0 | $44,143 |
| Hefley Russell | Pharmacy Operations Manager Highest-paid employee | 50 | $220,933 | $0 | $20,060 |
| Kinlaw Alton | Pharmacist Highest-paid employee | 50 | $209,812 | $0 | $10,103 |
| Noseworthy G Edward | Director (beg 05/2023) Trustee or director | 0.12 | $250 | $207,235 | $0 |
| Edmundson MD Ross | Former CMO Former | 0 | $0 | $134,106 | $0 |
| Smolter DO Patricia | Director (beg 05/2023) Trustee or director | 0.18 | $250 | $10,125 | $0 |
| Werner Thomas | Director Trustee or director | 0.12 | $250 | $6,585 | $0 |
| Pillow MD Steven | Director (end 03/2023) Trustee or director | 0.93 | $0 | $4,450 | $0 |
| Weiss CPA David | Director Trustee or director | 0.38 | $250 | $0 | $0 |
| Caddell DDS Susan | Director Trustee or director | 0.19 | $250 | $0 | $0 |
| DeVos Cynthia | Director Trustee or director | 0.19 | $250 | $0 | $0 |
| Howard Barbara | Director Trustee or director | 0.23 | $250 | $0 | $0 |
| Mazenko Todd | Director Trustee or director | 0.12 | $250 | $0 | $0 |
| Bartlett David | Director (beg 05/2023) Trustee or director | 0.12 | $250 | $0 | $0 |
| Curet Sharlene | Director (beg 05/2023) Trustee or director | 0.15 | $250 | $0 | $0 |
| Jean-Pierre Marlyne | Director (beg 05/2023) Trustee or director | 0.15 | $250 | $0 | $0 |
| Simons Pam | Director (beg 05/2023) Trustee or director | 0.12 | $250 | $0 | $0 |
| Comfort Lynda | Director (end 03/2023) Trustee or director | 0.2 | $0 | $0 | $0 |
990 for the year ended December 31, 2022: 27 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Ottati David A | Former Reg. CEO Former | 0 | $0 | $3,686,151 | $220,120 |
| Celano Patricia | Former Key Employee Former | 0 | $0 | $1,713,469 | $157,405 |
| Gregory PhD Audrey | Dir/Chairman/Reg. CEO Trustee or director | 9 | $0 | $1,335,554 | $231,534 |
| Azevedo Olesea | Director Trustee or director | 0.19 | $0 | $1,039,533 | $182,315 |
| Edmundson MD Ross B | Former CMO Former | 0 | $0 | $1,196,424 | $13,306 |
| Allen MD Gary | Director Trustee or director | 12.34 | $0 | $1,094,555 | $40,723 |
| Biri Abel | Dir./Sec./Hospital Facility CEO Trustee or director, Officer | 50 | $0 | $633,791 | $94,062 |
| Crunk Frances | Former CFO Former | 0 | $0 | $628,127 | $45,466 |
| Vincent Julie | Director (ended 12/2022) Trustee or director | 0.24 | $0 | $545,664 | $77,308 |
| Warren Terri J | CFO-Hosp. Facility Officer | 50 | $0 | $388,490 | $97,614 |
| Young Anita | COO-Hosp. Facility Key employee | 50 | $0 | $406,648 | $77,846 |
| Putigna DO Floriano | CMO-Hosp. Facility Key employee | 50 | $0 | $328,400 | $109,122 |
| Stimson Michael | CNO-Hosp. Facility Key employee | 50 | $0 | $293,218 | $54,963 |
| Duan Fei | Medical Physicist Highest-paid employee | 50 | $250,301 | $0 | $44,905 |
| Rajeev Chandrakala | RN Staff Pool/Float Highest-paid employee | 50 | $220,949 | $0 | $36,255 |
| Hefley Russell | Pharmacy Operations Manager Highest-paid employee | 50 | $215,543 | $0 | $19,855 |
| Smith Michelle | Assistant Nurse Manager Highest-paid employee | 50 | $200,440 | $0 | $33 |
| Sineas Daniela | RN Staff Flex Highest-paid employee | 50 | $194,567 | $0 | $0 |
| Marzek MD Peter | Dir./Sec./Treas./Chief of Staff (ended 12/2022) Trustee or director | 3.33 | $26,003 | $0 | $0 |
| Pillow MD Steven | Director Trustee or director | 3.75 | $19,778 | $0 | $0 |
| Werner Thomas L | Director Trustee or director | 0.19 | $253 | $5,585 | $0 |
| Weiss CPA David L | Director Trustee or director | 0.43 | $1,753 | $0 | $0 |
| Caddell DDS Susan | Director Trustee or director | 0.24 | $253 | $0 | $0 |
| Comfort Lynda | Director Trustee or director | 0.35 | $253 | $0 | $0 |
| DeVos Cynthia | Director Trustee or director | 0.19 | $253 | $0 | $0 |
| Howard Barbara | Director Trustee or director | 0.29 | $253 | $0 | $0 |
| Mazenko Todd | Director Trustee or director | 0.29 | $253 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1000 WATERMAN WAY, TAVARES, FL 32778-5266
- Principal officer (990 for 2024)
- Brandon Nudd, 1000 WATERMAN WAY, TAVARES, FL 32778
- Signed the 990
- Lynn C Addiscott, Assistant Secretary
- Phone
- (352) 253-3300
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.
Program accomplishments
- All program services revenues and expenses relate to the operation of a 310-bed acute care hospital in Tavares, Florida. In the current year there were 19,627 patient admissions, 89,308 patient days, and 144,357 outpatient visits.Expenses $376,220,197 · grants $2,418,752 · revenue $455,075,476
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 59-3140669
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Church
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E220)
- Group exemption
- 1071: GENERAL CONFERENCE OF SEVENTH DAY ADVENTIST
- Assets (IRS master file)
- $709,284,627
- Income (IRS master file)
- $476,195,110
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $476,170,410 | $403,846,074 | $709,284,627 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $427,079,512 | $392,036,337 | $637,586,783 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $357,639,867 | $357,972,893 | $586,645,300 | XML |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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 59-3140669).
Questions about FLORIDA HOSPITAL WATERMAN INC
- What is the EIN of FLORIDA HOSPITAL WATERMAN INC?
- The employer identification number (EIN) of FLORIDA HOSPITAL WATERMAN INC is 59-3140669.
- Is FLORIDA HOSPITAL WATERMAN INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Which annual return does FLORIDA HOSPITAL WATERMAN 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 FLORIDA HOSPITAL WATERMAN 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 FLORIDA HOSPITAL WATERMAN 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 FLORIDA HOSPITAL WATERMAN INC?
- The 990 for the year ended December 31, 2024 names Brandon Nudd.
- Who are the officers and directors of FLORIDA HOSPITAL WATERMAN INC?
- The 990 for the year ended December 31, 2024 lists 32 people; 15 received compensation from the organization.
- How much revenue does FLORIDA HOSPITAL WATERMAN INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $476,170,410, expenses of $403,846,074 and total assets of $709,284,627 at year end.
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