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Nonprofit · EIN 88-2288563

ADVENTHEALTH PALM COAST PARKWAY INC

Tax-exempt · PALM COAST, FL 32137

Financials

$38.1M$55.3M2023$126.3M$126.8M2024
Revenue Expenses · by fiscal year end
Financials of ADVENTHEALTH PALM COAST PARKWAY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$126,310,391$126,792,185-$481,794$264,217,305$282,085,652-$17,868,347
December 31, 2023990$38,066,730$55,285,432-$17,218,702$177,647,090$196,103,260-$18,456,170
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$125,340,961
Investment income
$969,430
Net gain from sales of assets
$316,201
Other revenue
$0

Expenses

Grants and similar amounts paid
$130,791
Compensation of officers, directors and key employees
$2,009,653
Salaries, compensation and benefits (total)
$2,009,653
Professional fundraising fees
$0
Legal fees
$11,961
Accounting fees
$18,340
Occupancy
$2,205,113
Travel
$52,748
Depreciation
$9,627,529
Program services (functional)
$118,842,355
Management and general (functional)
$7,949,830

Balance sheet and other

Total assets, start of year
$177,647,090
Total assets, end of year
$264,217,305
Total liabilities, end of year
$282,085,652
Net assets, end of year
-$17,868,347
Land, buildings and equipment
$146,842,457
Net assets without donor restrictions
-$17,868,347
Gross unrelated business income
$25,494
Gross receipts
$126,310,391
Employees
0
Volunteers
28
Year formed
2021
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 orgsOther / benefits
Gregory PhD AudreyDir/Chairperson/Reg. CEO
Trustee or director, Officer
3.5$0$1,701,959$253,636
Celano PatriciaDir/ Chief Nursing Exec. (End 12/24)
Trustee or director
0.2$0$1,760,793$156,227
Bales-Chubb DenyseDir/Vice Chairperson
Trustee or director, Officer
12.5$0$1,066,602$137,850
Kilman MD MarkFormer Key Employee
Former
0$0$771,916$129,330
Herbert MD TeresaCMO - Hospital Facility
Key employee
25$0$595,080$61,631
Goeb-Burkett MicheleDir/CNO CFD North Region
Trustee or director
3.5$0$512,603$80,257
Alter MD DennisDirector (End 12/24)
Trustee or director
6$0$513,761$45,907
Rathbun MarkDir/Secretary/CFO - Hospital Facility
Trustee or director, Officer
25$0$426,606$107,909
De Aquino WalmirDir/Treasurer/VP/CEO
Trustee or director, Officer
50$0$411,849$100,204
Brazier JessicaDirector (Beg 01/24)
Trustee or director
0.2$0$418,914$83,810
Sutton KristenCNO - Hospital Facility (Beg 1/24)
Key employee
25$0$431,369$50,686
Scott CliftonCOO - Hospital Facility
Key employee
25$0$327,259$35,847
Fowler DavidDirector
Trustee or director
0.2$0$310$0
Gilvary LauraDirector (Beg 01/24)
Trustee or director
0.2$0$310$0
Leverton RogerDirector (End 12/24)
Trustee or director
0.2$0$310$0
6 more people on this return
NameTitleHours / weekCompensationFrom related orgs
Papandrea TonyDirector
Trustee or director
0.2$0$310
Revels BarbaraDirector (End 12/24)
Trustee or director
0.2$0$310
Sword RavenDirector
Trustee or director
0.2$0$310
Kabir MD RizwanulDir / Chief of Staff (End 03/24)
Trustee or director
0.2$0$0
Nanavati MD AmitDirector (Beg 01/24)
Trustee or director
0.2$0$0
Lopez SebastianDirector (Beg 01/24)
Trustee or director
0.2$0$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Gregory AudreyDir/Chairperson/Reg. CEO (Beg 04/23)
Trustee or director, Officer
3.5$0$1,486,939$229,438
Celano PatriciaDir/ Chief Nursing Executive
Trustee or director
0.2$0$1,153,266$142,301
Bales-Chubb DenyseDir/Vice Chairperson (Beg 06/23)
Trustee or director, Officer
25$0$847,501$144,265
Alter MD DennisDirector
Trustee or director
0.2$0$834,168$35,043
Kilman MD MarkCMO - Hospital Facility (End 05/23)
Key employee
25$0$693,769$106,063
Herbert MD TeresaCMO - Hospital Facility (Beg 11/23)
Key employee
25$0$608,673$61,693
Goeb-Burkett MicheleDir/CNO CFD North Region
Trustee or director
3.5$0$442,013$72,517
De Aquino WalmirDir/Treasurer/VP/CEO (begin 05/23)
Trustee or director, Officer
25$0$359,077$71,954
Rathbun MarkDir/Secretary/CFO - Hospital Facility
Trustee or director, Officer
25$0$368,854$52,470
Scott CliftonCOO - Hospital Facility (Beg 6/23)
Key employee
25$0$287,522$31,132
Brady MaryCNO - Hospital Facility
Key employee
25$0$261,045$31,659
Sowers ScottDirector
Trustee or director
0.2$0$250$0
Revels BarbaraDirector
Trustee or director
0.2$0$250$0
Papandrea TonyDirector
Trustee or director
0.2$0$250$0
Leverton RogerDirector
Trustee or director
0.2$0$250$0
Sword RavenDirector
Trustee or director
0.2$0$250$0
Fowler DavidDirector
Trustee or director
0.2$0$250$0
Chiumento MichaelDirector (End 12/23)
Trustee or director
0.2$0$250$0
Tibbits RichardDirector (End 6/23)
Trustee or director
0.2$0$0$0
Regan MD TerrenceDirector (End 12/23)
Trustee or director
0.2$0$0$0
Kabir MD RizwanulDir / Chief of Staff
Trustee or director
0.2$0$0$0

Address and contacts

Address (IRS master file)
1 ADVENTHEALTH WAY, PALM COAST, FL 32137-4702
In care of
% BEVERLY MORGAN
Principal officer (990 for 2024)
Walmir De Aquino, 1 AdventHealth Way, Palm Coast, FL 32137
Signed the 990
Lynn Addiscott, Asst. Secretary
Phone
(386) 302-1800

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

  • The organization's exempt purpose includes the provision of medial care to the surrounding community through the operation of a 100 bed inpatient facility providing surgery, diagnostic radiology, laboratory services and physical therapy. In the current year, there were 5,694 patient admissions, 22,644 patient days, and 46,799 outpatient visits.
    Expenses $118,842,355 · grants $130,791 · revenue $125,315,467

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
88-2288563
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Church
Exempt since
1947
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$264,217,305
Income (IRS master file)
$126,310,391

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$126,310,391$126,792,185$264,217,305XML
990-TDecember 2024–––IRS
990December 2023$38,066,730$55,285,432$177,647,090XML
990-EZDecember 2022–––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 88-2288563).

Questions about ADVENTHEALTH PALM COAST PARKWAY INC

What is the EIN of ADVENTHEALTH PALM COAST PARKWAY INC?
The employer identification number (EIN) of ADVENTHEALTH PALM COAST PARKWAY INC is 88-2288563.
Is ADVENTHEALTH PALM COAST PARKWAY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1947.
Which annual return does ADVENTHEALTH PALM COAST PARKWAY 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 ADVENTHEALTH PALM COAST PARKWAY 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 ADVENTHEALTH PALM COAST PARKWAY 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 ADVENTHEALTH PALM COAST PARKWAY INC?
The 990 for the year ended December 31, 2024 names Walmir De Aquino.
Who are the officers and directors of ADVENTHEALTH PALM COAST PARKWAY INC?
The 990 for the year ended December 31, 2024 lists 21 people; 0 received compensation from the organization.
How much revenue does ADVENTHEALTH PALM COAST PARKWAY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $126,310,391, expenses of $126,792,185 and total assets of $264,217,305 at year end.

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