Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $11,721,210

• 1e · Government grants (contributions)

  $1,802,875

• 1f · All other contributions, gifts and grants

  $84,262

• 2a · Program service revenue: NET PATIENT SERVICE REVENUE

  total $3,935,879,398 · related or exempt $3,935,039,391 · unrelated business $840,007

• 2b · Program service revenue: RETAIL PHARMACY

  total $351,360,212 · related or exempt $351,360,212

• 2c · Program service revenue: STATE OF FL SPECIAL MEDICAID PMTS

  total $150,792,838 · related or exempt $150,792,838

• 2d · Program service revenue: LIP TIER 3 STATE REVENUE

  total $111,665,008 · related or exempt $111,665,008

• 2e · Program service revenue: Medicaid Voluntary Contribution

  total $25,996,999 · related or exempt $25,996,999

• 2f · All other program service revenue

  total $113,433,334 · related or exempt $112,127,845 · unrelated business $1,305,489 · excluded $0

• 3 · Investment income

  total $83,369,095 · unrelated business -$623,851 · excluded $83,992,946

• 4 · Income from investment of tax-exempt bond proceeds

  total $16,464 · excluded $16,464

• 6a · Gross rents

  real property $2,894,162

• 6b · Less rental expenses

  real property $81,080

• 6c · Rental income or loss

  real property $2,813,082 · personal property $0

• 6d · Net rental income or loss

  total $2,813,082 · unrelated business $1,336,299 · excluded $1,476,783

• 7a · Gross sales of assets other than inventory

  securities $471,686,195 · other assets $1,804,995

• 7b · Less cost or other basis and sales expenses

  securities $431,292,519 · other assets $4,311,251

• 7c · Gain or loss

  securities $40,393,676 · other assets -$2,506,256

• 7d · Net gain or loss

  total $37,887,420 · unrelated business -$305 · excluded $37,887,725

• 11a · Other revenue: PHYSICIANS ANSWERING SVCS

  total $303,932 · related or exempt $100,912 · unrelated business $203,020

• 11b · Other revenue: PARKING GARAGE

  total $108,242 · excluded $108,242

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $412,174

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,435,573 · program services $4,435,573

• 5 · Compensation of officers, directors and key employees

  total $18,374,075 · program services $2,350,678 · management and general $16,023,397

• 6 · Compensation of disqualified persons

  total $820,220 · program services $820,220

• 7 · Other salaries and wages

  total $1,126,668,208 · program services $916,334,878 · management and general $205,377,266 · fundraising $4,956,064

• 8 · Pension plan contributions

  total $94,666,946 · program services $76,308,885 · management and general $18,358,061

• 9 · Other employee benefits

  total $186,062,439 · program services $150,054,443 · management and general $34,707,232 · fundraising $1,300,764

• 10 · Payroll taxes

  total $79,685,777 · program services $66,498,930 · management and general $12,845,114 · fundraising $341,733

• 11b · Fees: legal

  total $28,305,614 · management and general $28,305,614

• 11c · Fees: accounting

  total $1,518,550 · management and general $1,517,699 · fundraising $851

• 11d · Fees: lobbying

  total $911,300 · program services $911,300

• 11f · Fees: investment management

  total $2,426,953 · management and general $2,426,953

• 11g · Fees: other

  total $288,747,772 · program services $215,915,424 · management and general $72,731,967 · fundraising $100,381

• 12 · Advertising and promotion

  total $49,662,195 · program services $44,979,186 · management and general $4,536,487 · fundraising $146,522

• 13 · Office expenses

  total $94,661,912 · program services $80,159,451 · management and general $13,979,838 · fundraising $522,623

• 14 · Information technology

  total $140,752,427 · program services $38,980,855 · management and general $101,739,602 · fundraising $31,970

• 16 · Occupancy

  total $96,177,197 · program services $34,257,295 · management and general $61,332,441 · fundraising $587,461

• 17 · Travel

  total $6,944,454 · program services $3,804,920 · management and general $2,932,519 · fundraising $207,015

• 19 · Conferences, conventions and meetings

  total $3,360,692 · program services $2,655,266 · management and general $412,015 · fundraising $293,411

• 20 · Interest

  total $42,607,716 · program services $28,340,013 · management and general $14,267,703

• 22 · Depreciation, depletion and amortization

  total $185,189,768 · program services $123,176,762 · management and general $62,013,006

• 23 · Insurance

  total $85,457,679 · program services $72,885,663 · management and general $12,572,016

• 24a · Other expenses: Medical Supplies

  total $951,675,840 · program services $951,675,840

• 24b · Other expenses: Patient Med Assist Trust Fund

  total $204,522,037 · program services $204,396,860 · management and general $125,177

• 24c · Other expenses: Eligibility Fees

  total $33,240,505 · program services $33,240,505

• 24d · Other expenses: Discharge Support

  total $11,535,680 · program services $11,535,680

• 24e · All other expenses

  total $31,966,921 · program services $23,504,998 · management and general $7,533,929 · fundraising $927,994

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $722,770,031 · end of year $9,209,129

• 2 · Savings and temporary cash investments

  beginning of year $155,333,168 · end of year $1,120,621,473

• 3 · Pledges and grants receivable

  beginning of year $0 · end of year $0

• 4 · Accounts receivable

  beginning of year $646,749,437 · end of year $642,027,160

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $88,166,221 · end of year $100,023,075

• 9 · Prepaid expenses and deferred charges

  beginning of year $64,263,710 · end of year $1,108,891,689

• 10a · Land, buildings and equipment: cost or other basis

  $5,353,271,366

• 10b · Land, buildings and equipment: accumulated depreciation

  $2,675,464,274

• 10c · Land, buildings and equipment, net

  beginning of year $2,179,832,930 · end of year $2,677,807,092

• 11 · Investments: publicly traded securities

  beginning of year $2,535,044,803 · end of year $2,686,551,741

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0 · end of year $198,889,581

• 14 · Intangible assets

  beginning of year $237,314,385 · end of year $237,895,614

• 15 · Other assets

  beginning of year $736,925,633 · end of year $699,447,439

• 17 · Accounts payable and accrued expenses

  beginning of year $763,510,350 · end of year $805,787,632

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $994,186 · end of year $1,239,000

• 20 · Tax-exempt bond liabilities

  beginning of year $2,121,117,638 · end of year $2,924,686,282

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $191,383,018 · end of year $200,658,371

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $694,054,941 · end of year $1,040,900,568

• 27 · Net assets without donor restrictions

  beginning of year $3,430,371,250 · end of year $4,322,871,732

• 28 · Net assets with donor restrictions

  beginning of year $164,968,935 · end of year $185,220,408

• 29 · Capital stock, trust principal or current funds

  beginning of year $0 · end of year $0

• 30 · Paid-in or capital surplus, or land, building or equipment fund

  beginning of year $0 · end of year $0

• 31 · Retained earnings, endowment or other funds

  beginning of year $0 · end of year $0

The filer's explanations (Part III)

Schedule J, Part I, Line 1a First-class or charter travel

Orlando Health may provide the following benefits to certain executives, officers, and board members when they are necessary to achieve Orlando Health's charitable mission objectives: first-class or charter travel; and/or travel for companions. Provision of any such benefits is predicated on compliance with the organization's policies, is subject to review and approval process, and is treated as taxable income to the individual where required under the Internal Revenue Code.

Schedule J, Part I, Line 1a Tax indemnification and gross-up payments

When applicable, payments made to board members and board officers were grossed-up for tax indemnification purposes.

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

ORLANDO HEALTH, INC. IS A COMMON PAYMASTER AND COMMON PAY AGENT FOR ORLANDO HEALTH MEDICAL GROUP, INC (EIN: 59-3259553), ORLANDO HEALTH FOUNDATION, INC. (EIN: 59-2244943), ORLANDO HEALTH CENTRAL, INC. (EIN:80-0764192), SOUTH LAKE HOSPITAL, INC. (EIN: 59-3322533), OSCEOLASC, LLC (EIN: 20-3728235), OHI WEST, INC. (EIN: 84-5074208), OHI WEST MEDICAL GROUP, LLC (EIN: 85-2733660), OHI WEST MEDICAL GROUP II, LLC (EIN: 92-3479126), OHRI, LLC (EIN: 47-2067699) AND ORLANDO PHYSICIANS NETWORK, INC. (EIN: 59-3110868) AND THEIR EMPLOYEES ARE INCLUDED ON THE ORLANDO HEALTH, INC. 941. THE ORLANDO HEALTH, INC. INDEPENDENT COMPENSATION COMMITTEE APPROVES ALL OFFICER COMPENSATION ARRANGEMENTS, WHICH REPORTS TO THE ORLANDO HEALTH BOARD OF DIRECTORS AND FOLLOWS IRS GUIDELINES.

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

457(B) DEFERRED COMPENSATION PLAN: ELIGIBILITY TO PARTICIPATE IN THIS PLAN IS DETERMINED BY JOB CLASSIFICATION. THE PLAN ACCEPTS PRE-TAX EMPLOYEE CONTRIBUTIONS ONLY, AND THE AMOUNT OF THE CONTRIBUTION IS DETERMINED BY THE EMPLOYEE. PARTICIPANTS ARE AUTOMATICALLY VESTED IN THE PLAN, SINCE THERE ARE NO COMPANY CONTRIBUTIONS. THE TEAM MEMBER RETIREMENT PLAN OVERSIGHT COMMITTEE OVERSEES THE PLAN AND DETERMINES THE INVESTMENT OPTIONS WITH THE ASSISTANCE OF A THIRD-PARTY INVESTMENT ADVISORY FIRM. EXECU-FLEX 457(F) AND DIRECTOR/ADMIN 457(F) PLANS: ELIGIBILITY TO PARTICIPATE IN THESE PLANS IS DETERMINED BY JOB CLASSIFICATION. ANNUAL CONTRIBUTIONS TO THE PLAN OR PAYMENTS TO PARTICIPANTS WILL BE BASED ON A PERCENTAGE OF THE PARTICIPANT'S BASE SALARY AS OF NOVEMBER 1ST OF THE PRIOR PLAN YEAR. VESTING OCCURS FOR EACH ANNUAL CONTRIBUTION THREE YEARS AFTER THE CONTRIBUTION OCCURS. ONCE THE PARTICIPANT REACHES AGE 62, THEY ARE FULLY VESTED IN THE PLAN AND BEGIN TO RECEIVE ADDITIONAL WAGES IN LIEU OF CONTRIBUTIONS. THE TEAM MEMBER RETIREMENT PLAN OVERSIGHT COMMITTEE OVERSEES THE PLAN AND DETERMINES THE INVESTMENT OPTIONS WITH THE ASSISTANCE OF A THIRD-PARTY INVESTMENT ADVISORY FIRM. THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL QUALIFIED RETIREMENT PLAN. DEFERRAL DEPOSITS: DAVID W. STRONG $352,751 LESLIE FLAKE $143,100 ERICK R. HAWKINS $122,537 KELLY NIERSTEDT $109,375 THIBAUT VAN MARCKE DE LUMMEN $89,626 GEORGE A. RALLS $88,000 RYAN WILLIAM ZIKA $87,155 MARK A. JONES $59,678 DEFERRAL DISTRIBUTIONS MADE TO THE FOLLOWING: DAVID W. STRONG $556,755 JAMAL A. HAKIM MD $308,597 ERICK R. HAWKINS $148,335 MARK A. JONES $124,729 GREGORY P. OHE $102,031 KELLY NIERSTEDT $93,226 THIBAUT VAN MARCKE DE LUMMEN $70,346 GEORGE A. RALLS $62,301 RYAN WILLIAM ZIKA $44,288

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• OSCEOLASC LLC

  HEALTHCARE · FL · income $136,568,025 · assets $139,620,218

  Directly controlled by OHI

• OHRI LLC

  IMAGING SVCS · FL · income $34,795,780 · assets $29,877,611

  Directly controlled by OHI

• HEALTHCARE CAPTIVE LLC

  CAPTIVE INS · NC · income $449,624 · assets $120,818,530

  Directly controlled by OHI

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• ORLANDO HEALTH VENTURES I LLC

  Excluded · INVESTMENTS · FL · 94.12% owned · share of income -$1,978,376 · share of assets $9,942,043

  Directly controlled by OHI

• Orlando Health Ventures II LLC

  Excluded · INVESTMENTS · FL · 98.04% owned · share of income $119,138 · share of assets $74,366,343

  Directly controlled by OHI

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• HEALTHNET SERVICES INC & SUBS

  C Corporation · MEDICAL SVCS · FL · 100% owned · share of income $45,771,962 · share of assets $375,439,730 · controlled entity

  Directly controlled by OHI