What is Homestead Hospital Inc's total revenue?

Homestead Hospital Inc reported total revenue of $458.5M for tax year 2023 on its IRS Form 990, against $500.9M in total expenses and $4K in net income.

What are Homestead Hospital Inc's total assets?

Homestead Hospital Inc reported total assets of $101.0M and net assets of $-572.3M on its FY2023 IRS Form 990.

Where can I find Homestead Hospital Inc's IRS Form 990?

Homestead Hospital Inc files IRS Form 990 annually under EIN 65-0232993. The financial summary, executive compensation, and community benefit data are shown on this page; the original filing is also available directly from the IRS.

IRS Form 990 · EIN 65-0232993

Homestead Hospital Inc

Homestead, FL 33033-7600 · Tax year 2023

NTEE E22Original filing PDF →

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$458.5M

Total revenue

$500.9M

Total expenses

$4K

Net income

0.0%

Operating margin

Financial summary

Total revenue: $458.5M
Contributions + grants: $459K
Program service revenue: $455.1M
Total expenses: $500.9M
Program expenses: —
Administrative expenses: —
Fundraising expenses: —
Net income: $4K
Total assets: $101.0M
Total liabilities: $673.3M
Net assets: $-572.3M

Peer comparison

Compared to 39 organizations with NTEE E22 in FL

Avg revenue (peers)

$686.8M

This org:$458.5M

Avg net income (peers)

$642K

This org:$4K

Avg top exec comp (peers)

$427K

This org (highest):$623K

Executive compensation (FY2023)

23 officers + key employees reported on Schedule J

Name	Title	Hours/wk	Base comp	Total comp
Charles Anderson Augustus II	Chief Medical Officer	50	$351K	$623K
Ana Cabrera	VP of Nursing	50	$243K	$434K
David Abercrombie	VP Operations	50	$255K	$413K
Karl W Cetta	AVP Hospital Admin, End 10/1/2023	45	$138K	$273K
Kurt H Kadel	AVP Hospital Admin	45	$150K	$273K
Marie-Elsie Ade	Pharmacy Director	45	$181K	$259K
Ann M Allen	AVP Nursing, End 12/31/2023	45	$170K	$254K
Sherine A Craig	AVP Nursing	45	$172K	$247K
Rao Uppaluri	Director	2	—	—
Rene W Taylor	Director	2	—	—
Rev William Chambers III	Director	2	—	—
Bill R Tillett	Director	2	—	—
Willie Carpenter	Director	2	—	—
Edward G Shashaty	VP Finance Hospital Operations	8	—	—
Kenneth Spell	CEO	50	—	—
Steven Sapp	Director	2	—	—
David Trueba MD	Director - END 03/2024	2	—	—
George E Cadman III	Director	2	—	—
Jeanne F Jacobs	Director	2	—	—
Johanna Paterson Carrier	Director	2	—	—
John P Maas ESQ	Director - END 06/2024	2	—	—
Jose Prado	Director	2	—	—
Maria Costa Smith	Director	2	—	—

10-year history

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2023	$458.5M	$500.9M	$4K	$101.0M
2022	$425.6M	$451.7M	$51K	$104.2M
2021	$446.0M	$435.9M	$-197K	$129.8M
2020	$409.3M	$423.3M	$64K	$84.0M
2019	$398.7M	$433.2M	$-71K	$64.9M
2018	$417.8M	$461.2M	$-61K	$63.6M
2017	$405.8M	$429.8M	$-48K	$71.2M
2016	$356.4M	$394.3M	$-28K	$80.9M
2015	$334.5M	$370.5M	$57K	$82.3M
2014	$348.8M	$383.5M	$-40K	$82.4M

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