Public Charity

MEMORIAL HEALTH SYSTEMS INC

MEMORIAL HEALTH SYSTEMS INC is a Public Charity headquartered in DAYTONA BEACH, FL. Financial data from the 2024 filing: $785.8M revenue, $690.4M expenses, $752.3M total assets. 27 publicly reported grants to this organization, totaling roughly $23.1M, appear in IRS filings.

EIN: 590973502 DAYTONA BEACH, FL Hospitals NTEE: E20 Latest filing: 2024
Total Revenue$785.8M
Total Expenses$690.4M
Total Assets$752.3M
Grant Records27
Funding Total$23.1M
Filing Years2019–2024

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.

Where $100 goes at Memorial Health Systems Inc

How Memorial Health Systems Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$92 Programs the work itself
$8 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $92 for programs

$92
Operation of a acute care hospital with 24,495 patient admissions, 124,749 patient days, 226,777 outpatient visits, and 192,950 physician practice patient visits in the current year
All program spending · Reported in the filing: 226,777 visits; 192,950 visits
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Adams John
DIRECTOR Arocho Md James
EXECUTIVE MED DIRECTOR-REV CYCLE Brown Md Douglas
DIRECTOR Burt David
DIRECTOR Ceballos Gloria
FORMER KEY EMPLOYEE Celano Patricia

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,519,178 18 grants
Health & Medicine
$421,866 4 grants
Unspecified
$19,114,785 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $785.8M $690.4M $752.3M
2023 $665.9M $604.3M $663.5M
2022 $543.8M $544.0M $557.3M
2020 $441.9M $415.9M $577.7M
2019 $424.1M $384.7M $537.7M

Between 2019 and 2024, reported annual revenue grew from $424.1M to $785.8M (+85%), with total assets most recently reported at $752.3M.

Interactive year-over-year charts and full filing details available with membership.

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