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Nonprofiteer
← FLORIDA HOSPITAL ZEPHYRHILLS INC

Form 990 for tax year 2023

Filed by FLORIDA HOSPITAL ZEPHYRHILLS INC.

Totals

Total revenue
$246,694,750
Total expenses
$223,927,055
Contributions and grants received
$21,398
Grants paid
$532,431
Program services expenses (Part IX)
$209,231,209
Management and general expenses
$14,695,846
Fundraising expenses
$0
Program service expenses (Part III)
$209,231,209

Program services were 93.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JENNIFER WANDERSLEBEN

    DIR/CHAIR/CEO HEARTLAND RE

    Total calculated
    $1,381,811
    From this org
    $0
    From related orgs
    $1,220,343
    Other
    $161,468
    Hours/week
    7.5 + 42.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $680,694 related
    Bonus
    $0 + $216,920 related
    Other
    $0 + $322,729 related
    Deferred
    $0 + $121,227 related
    Nontaxable benefits
    $0 + $40,241 related
    Filer's total
    $0 + $1,381,811 related

  • AMANDA MAGGARD

    DIR/SEC/CEO (END 6/23)

    Total calculated
    $862,095
    From this org
    $0
    From related orgs
    $740,893
    Other
    $121,202
    Hours/week
    25 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $473,886 related
    Bonus
    $0 + $125,596 related
    Other
    $0 + $141,411 related
    Deferred
    $0 + $90,250 related
    Nontaxable benefits
    $0 + $30,952 related
    Filer's total
    $0 + $862,095 related

  • RAINER CHAN MD

    DIRECTOR

    Total calculated
    $571,496
    From this org
    $0
    From related orgs
    $494,702
    Other
    $76,794
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $335,285 related
    Bonus
    $0 + $54,594 related
    Other
    $0 + $104,823 related
    Deferred
    $0 + $45,422 related
    Nontaxable benefits
    $0 + $31,372 related
    Filer's total
    $0 + $571,496 related

  • ROSALIE OLIVER

    DIRECTOR

    Total calculated
    $633,165
    From this org
    $0
    From related orgs
    $541,673
    Other
    $91,492
    Hours/week
    7.5 + 42.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $408,160 related
    Bonus
    $0 + $84,509 related
    Other
    $0 + $49,004 related
    Deferred
    $0 + $62,059 related
    Nontaxable benefits
    $0 + $29,433 related
    Filer's total
    $0 + $633,165 related

  • ROYCE BROWN

    DIRECTOR

    Total calculated
    $419,552
    From this org
    $0
    From related orgs
    $327,623
    Other
    $91,929
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $255,529 related
    Bonus
    $0 + $52,988 related
    Other
    $0 + $19,106 related
    Deferred
    $0 + $57,799 related
    Nontaxable benefits
    $0 + $34,130 related
    Filer's total
    $0 + $419,552 related

  • KEN BRADLEY

    DIRECTOR

    Total calculated
    $231,481
    From this org
    $0
    From related orgs
    $204,129
    Other
    $27,352
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $165,680 related
    Bonus
    $0 + $20,743 related
    Other
    $0 + $17,706 related
    Deferred
    $0 + $9,347 related
    Nontaxable benefits
    $0 + $18,005 related
    Filer's total
    $0 + $231,481 related

  • DALE MAGGARD

    DIRECTOR

    Total calculated
    $614
    From this org
    $614
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5 + 0.5 related

  • JOHN SCOTT

    DIRECTOR

    Total calculated
    $614
    From this org
    $614
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5 + 0.5 related

  • REBECCA GADDIS

    DIRECTOR

    Total calculated
    $614
    From this org
    $614
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5 + 0.5 related

  • STEPHEN HERR

    DIRECTOR

    Total calculated
    $614
    From this org
    $614
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5 + 0.5 related

  • SCOTT CAMERON

    DIRECTOR

    Total calculated
    $614
    From this org
    $614
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5 + 0.5 related

  • ELAINE JONES

    DIRECTOR (END 10/23)

    Total calculated
    $614
    From this org
    $614
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5 + 0.5 related

  • RANDALL BELCHER

    DIRECTOR

    Total calculated
    $614
    From this org
    $614
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5 + 0.5 related

  • EDWIN AGUAYO

    DIRECTOR

    Total calculated
    $614
    From this org
    $614
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5 + 0.5 related

  • LEROY HAUFF

    DIRECTOR

    Total calculated
    $614
    From this org
    $614
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5 + 0.5 related

  • RAYMOND PICHETTE

    DIRECTOR

    Total calculated
    $614
    From this org
    $614
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5 + 0.5 related

  • MELANIE BARRIFFE

    DIRECTOR

    Total calculated
    $614
    From this org
    $614
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5 + 0.5 related

  • REGGIE ROBERTS

    DIRECTOR (END 6/23)

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • MICHAEL MURRILL

    DIR/CEO (BEG 7/23)

    Total calculated
    $1,475,098
    From this org
    $0
    From related orgs
    $1,420,477
    Other
    $54,621
    Hours/week
    25 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $401,055 related
    Bonus
    $0 + $141,291 related
    Other
    $0 + $878,131 related
    Deferred
    $0 + $17,727 related
    Nontaxable benefits
    $0 + $36,894 related
    Filer's total
    $0 + $1,475,098 related

  • LAURAN MONBARREN

    DIRECTOR (BEG 8/23)

    Total calculated
    $614
    From this org
    $614
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5 + 0.5 related

  • JAVIER GONZALEZ MD

    DIRECTOR (BEG 1/23)

    Total calculated
    $6,614
    From this org
    $6,614
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.27 + 0.5 related

  • SHASHANK MISHRA MD

    DIRECTOR (BEG 1/23)

    Total calculated
    $6,614
    From this org
    $614
    From related orgs
    $6,000
    Other
    $0
    Hours/week
    0.5 + 1.27 related

  • RYAN WILLIS

    CFO

    Total calculated
    $434,659
    From this org
    $0
    From related orgs
    $392,284
    Other
    $42,375
    Hours/week
    25 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $317,915 related
    Bonus
    $0 + $60,481 related
    Other
    $0 + $13,888 related
    Deferred
    $0 + $17,727 related
    Nontaxable benefits
    $0 + $24,648 related
    Filer's total
    $0 + $434,659 related

  • RODRIGO TORRES MD

    CMO (END 8/23)

    Total calculated
    $621,105
    From this org
    $0
    From related orgs
    $532,092
    Other
    $89,013
    Hours/week
    25 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $398,955 related
    Bonus
    $0 + $73,112 related
    Other
    $0 + $60,025 related
    Deferred
    $0 + $55,185 related
    Nontaxable benefits
    $0 + $33,828 related
    Filer's total
    $0 + $621,105 related

  • GWEN ALONSO

    CNO

    Total calculated
    $376,134
    From this org
    $0
    From related orgs
    $339,454
    Other
    $36,680
    Hours/week
    25 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $266,124 related
    Bonus
    $0 + $55,961 related
    Other
    $0 + $17,369 related
    Deferred
    $0 + $17,677 related
    Nontaxable benefits
    $0 + $19,003 related
    Filer's total
    $0 + $376,134 related

  • SHANE BEDWARD

    COO

    Total calculated
    $365,135
    From this org
    $0
    From related orgs
    $315,372
    Other
    $49,763
    Hours/week
    25 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $251,632 related
    Bonus
    $0 + $46,286 related
    Other
    $0 + $17,454 related
    Deferred
    $0 + $16,550 related
    Nontaxable benefits
    $0 + $33,213 related
    Filer's total
    $0 + $365,135 related

  • PAVITAR CHEEMA MD

    PHYSICIAN

    Total calculated
    $324,156
    From this org
    $307,787
    From related orgs
    $0
    Other
    $16,369
    Hours/week
    38.47

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $304,575
    Other
    $3,212
    Deferred
    $16,176
    Nontaxable benefits
    $193
    Filer's total
    $324,156

  • BASSEL RAMADAN MD

    PHYSICIAN

    Total calculated
    $1,643,462
    From this org
    $1,594,094
    From related orgs
    $0
    Other
    $49,368
    Hours/week
    41.5

    Schedule J breakdown matched by us

    Base
    $587,428
    Bonus
    $998,140
    Other
    $8,526
    Deferred
    $17,727
    Nontaxable benefits
    $31,641
    Filer's total
    $1,643,462

  • BERTRAM LEWIS JR MD

    PHYSICIAN

    Total calculated
    $623,667
    From this org
    $577,471
    From related orgs
    $0
    Other
    $46,196
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $503,264
    Bonus
    $66,605
    Other
    $7,602
    Deferred
    $17,727
    Nontaxable benefits
    $28,469
    Filer's total
    $623,667

  • KHALED SHAHROUR MD

    PHYSICIAN

    Total calculated
    $639,805
    From this org
    $588,356
    From related orgs
    $0
    Other
    $51,449
    Hours/week
    41.5

    Schedule J breakdown matched by us

    Base
    $495,331
    Bonus
    $87,868
    Other
    $5,157
    Deferred
    $17,727
    Nontaxable benefits
    $33,722
    Filer's total
    $639,805

  • PATRICK GUTHRIE MD

    PHYSICIAN

    Total calculated
    $648,703
    From this org
    $599,782
    From related orgs
    $0
    Other
    $48,921
    Hours/week
    41.5

    Schedule J breakdown matched by us

    Base
    $524,227
    Bonus
    $73,266
    Other
    $2,289
    Deferred
    $17,727
    Nontaxable benefits
    $31,194
    Filer's total
    $648,703

  • DIMA DIDENKO

    FORMER OFFICER

    Total calculated
    $1,082,929
    From this org
    $0
    From related orgs
    $930,780
    Other
    $152,149
    Hours/week
    3.5 + 46.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $627,726 related
    Bonus
    $0 + $177,428 related
    Other
    $0 + $125,626 related
    Deferred
    $0 + $117,466 related
    Nontaxable benefits
    $0 + $34,683 related
    Filer's total
    $0 + $1,082,929 related

  • MICHAEL SCHULTZ

    FORMER OFFICER

    Total calculated
    $228,763
    From this org
    $0
    From related orgs
    $228,763
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $228,763 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $228,763 related

  • BRUCE BERGHERM

    FORMER OFFICER

    Total calculated
    $1,701,501
    From this org
    $0
    From related orgs
    $1,664,566
    Other
    $36,935
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $692,913 related
    Bonus
    $0 + $223,637 related
    Other
    $0 + $748,016 related
    Deferred
    $0 + $17,727 related
    Nontaxable benefits
    $0 + $19,208 related
    Filer's total
    $0 + $1,701,501 related

  • ROBIN MCGUINNESS

    FORMER KEY EMPLOYEE

    Total calculated
    $724,095
    From this org
    $0
    From related orgs
    $651,137
    Other
    $72,958
    Hours/week
    3.5 + 46.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $420,334 related
    Bonus
    $0 + $118,892 related
    Other
    $0 + $111,911 related
    Deferred
    $0 + $52,695 related
    Nontaxable benefits
    $0 + $20,263 related
    Filer's total
    $0 + $724,095 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 1a · Discretionary spending account
  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
THE FILING ORGANIZATION IS A PART OF THE SYSTEM OF HEALTHCARE ORGANIZATIONS KNOWN AS ADVENTHEALTH. MEMBERS OF THE FILING ORGANIZATION'S EXECUTIVE MANAGEMENT TEAM THAT HOLD THE POSITION OF VICE-PRESIDENT OR ABOVE ARE COMPENSATED BY AND ON THE PAYROLL OF ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION (AHSSHC), THE PARENT ORGANIZATION OF THE HEALTHCARE SYSTEM KNOWN AS ADVENTHEALTH. AHSSHC IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3). THE FILING ORGANIZATION REIMBURSES AHSSHC FOR THE SALARY AND BENEFIT COST OF THOSE EXECUTIVES LISTED IN PART VII THAT ARE ON THE PAYROLL OF AHSSHC. AT THE DIRECTION OF AHSSHC, AND IN ACCORDANCE WITH THE RESERVED POWERS IN THE FILING ORGANIZATION'S GOVERNING DOCUMENTS, THE EXECUTIVE TEAM LISTED ON PART VII PROVIDES SERVICES TO THE FILING ORGANIZATION. FIRST-CLASS OR CHARTER TRAVEL: PURSUANT TO THE ADVENTHEALTH SYSTEM-WIDE GENERAL POLICY REGARDING BUSINESS TRAVEL, NO REIMBURSEMENT WILL BE PROVIDED FOR ANY ADDITIONAL COST INCURRED WITH RESPECT TO FIRST-CLASS OR CHARTER AIR TRAVEL BEYOND THE COST OF A REGULAR COACH AIRFARE. AS A MEANS OF PROVIDING ADDITIONAL BUSINESS TRAVEL REIMBURSEMENT FOR THOSE MEMBERS OF THE AHSSHC SENIOR EXECUTIVE MANAGEMENT TEAM THAT TRAVEL FREQUENTLY ON BEHALF OF ADVENTHEALTH, A SPECIAL ANNUAL TRAVEL ALLOWANCE IS PROVIDED FOR THOSE EXECUTIVES. AS ADVENTHEALTH OPERATES 50 HOSPITALS IN 9 STATES, THE SENIOR LEADERSHIP OF AHSSHC TRAVEL EXTENSIVELY AND OFTEN VISIT MULTIPLE HOSPITAL LOCATIONS IN DIFFERENT STATES AS A PART OF A SINGLE BUSINESS TRIP. THE SPECIAL TRAVEL ALLOWANCE CAN PROVIDE REIMBURSEMENTS TO THE EXECUTIVE FOR SUCH ITEMS AS THE PURCHASE OF AIR TRAVEL UPGRADE COUPONS, TO COVER THE COST DIFFERENTIAL BETWEEN COACH AND FIRST-CLASS TRAVEL, OR TO COVER THE COST OF A CHARTER FLIGHT. THE SPECIAL TRAVEL ALLOWANCE BENEFIT WAS ORIGINALLY AUTHORIZED BY AND CODIFIED INTO A POLICY BY THE AHSSHC BOARD COMPENSATION COMMITTEE (THE COMMITTEE), AN INDEPENDENT BODY OF THE AHSSHC BOARD OF DIRECTORS, WHO ALSO APPROVES THE ANNUAL CAP ON THE AMOUNT OF THE ALLOWANCE. THE SPECIAL TRAVEL ALLOWANCE HAS AN ANNUAL CAP OF $24,000 FOR MEMBERS OF THE LEADERSHIP EXECUTIVE TEAM (15 ADVENTHEALTH CABINET MEMBERS AND THE ADVENTHEALTH MULTI-STATE CFO) AND $15,000 FOR ADVENTHEALTH CORPORATE OFFICE SENIOR VICE PRESIDENTS, REGIONAL CEO'S, AND DIVISION CHIEF OFFICERS (GENERALLY 45 - 55 INDIVIDUAL EXECUTIVES). THREE INDIVIDUALS LISTED IN PART VII (JENNIFER WANDERSLEBEN, DIMA DIDENKO AND ROBIN MCGUINNESS) RECEIVED THE SPECIAL TRAVEL ALLOWANCE IN 2023. THESE THREE INDIVIDUALS ARE CONSIDERED COMMON LAW EMPLOYEES OF AND ARE ON THE PAYROLL OF AHSSHC. WHILE THE SPECIAL TRAVEL ALLOWANCE BENEFIT IS AN AHSSHC COMPENSATION POLICY AND PRACTICE, THE COST OF PROVIDING THIS BENEFIT IS ALLOCATED TO AND EITHER WHOLLY OR PARTIALLY REIMBURSED BY THE FILING ORGANIZATION. ACCORDINGLY, THE FILING ORGANIZATION HAS CHECKED THE BOX IN SCHEDULE J, PART I, LINE 1A FOR FIRST-CLASS OR CHARTER TRAVEL SINCE IT HAS WHOLLY OR PARTIALLY PAID FOR THE COST OF PROVIDING THIS BENEFIT. THOSE EXECUTIVES WHO RECEIVE THE SPECIAL TRAVEL ALLOWANCE ARE RESPONSIBLE FOR TRACKING THE EXPENSES REIMBURSABLE UNDER THE SPECIAL TRAVEL ALLOWANCE AND MUST SUBMIT SUCH EXPENSES ON THEIR ACCOUNTABLE PLAN EXPENSE REPORT. A REPORT ON CHARTER TRAVEL IS PROVIDED TO THE AHSSHC BOARD COMPENSATION COMMITTEE AT EACH MEETING. ANY TAXABLE REIMBURSEMENTS MADE TO EXECUTIVES UNDER THE SPECIAL TRAVEL ALLOWANCE ARRANGEMENT ARE TREATED AS TAXABLE COMPENSATION TO THE EXECUTIVE. TRAVEL FOR COMPANIONS: AHSSHC HAS A CORPORATE EXECUTIVE POLICY THAT PROVIDES A BENEFIT TO ALLOW FOR A TRAVELING AHSSHC EXECUTIVE TO HAVE HIS OR HER SPOUSE ACCOMPANY THE EXECUTIVE ON CERTAIN BUSINESS TRIPS EACH YEAR. TYPICALLY, REIMBURSEMENT IS ONLY PROVIDED TO CERTAIN EXECUTIVE LEADERS AND IS USUALLY LIMITED TO ONE BUSINESS TRIP PER YEAR BEYOND THE ANNUAL ADVENTHEALTH PRESIDENT'S COUNCIL BUSINESS MEETING AND OTHER MEETINGS WHERE THE SPOUSE IS SPECIFICALLY INVITED. THE AHSSHC CORPORATE EXECUTIVE SPOUSAL TRAVEL POLICY WAS ORIGINALLY APPROVED AND REVIEWED BY THE AHSSHC BOARD COMPENSATION COMMITTEE, AN INDEPENDENT BODY OF THE AHSSHC BOARD OF DIRECTORS. ALL SPOUSAL TRAVEL COSTS REIMBURSED TO THE EXECUTIVE ARE CONSIDERED TAXABLE COMPENSATION TO THE EXECUTIVE. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: ADVENTHEALTH HAS A SYSTEM-WIDE POLICY ADDRESSING GROSS-UP PAYMENTS PROVIDED IN CONNECTION WITH EMPLOYER-PROVIDED BENEFITS/OTHER TAXABLE ITEMS. UNDER THE POLICY, CERTAIN TAXABLE BUSINESS-RELATED REIMBURSEMENTS (I.E. TAXABLE BUSINESS-RELATED MOVING EXPENSES, TAXABLE ITEMS PROVIDED IN CONNECTION WITH EMPLOYMENT) PROVIDED TO ANY EMPLOYEE MAY BE GROSSED-UP AT A 25% RATE UPON APPROVAL BY THE FILING ORGANIZATION'S CEO AND CFO. ADDITIONALLY, EMPLOYEES AT THE DIRECTOR LEVEL AND ABOVE ARE ELIGIBLE FOR GROSS-UP PAYMENTS ON GIFTS RECEIVED FOR BOARD OF DIRECTOR SERVICES. DISCRETIONARY SPENDING ACCOUNT: OCCASIONAL DISCRETIONARY SPENDING AMOUNTS ARE PERIODICALLY PROVIDED TO ELIGIBLE EXECUTIVES WHO ATTEND ANNUAL BUSINESS MEETINGS SUCH AS THE ADVENTHEALTH PRESIDENT'S COUNCIL, CFO CONFERENCE OR THE CMO/CNO BUSINESS MEETING. PAYMENTS PROVIDED TO EACH EXECUTIVE ARE CONSIDERED TAXABLE COMPENSATION TO THE EXECUTIVE. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: AHSSHC HAS A CORPORATE EXECUTIVE POLICY THAT ADDRESSES ASSISTANCE TO EXECUTIVES WHO HAVE BEEN RELOCATED BY THE COMPANY DURING THE YEAR. RELOCATION ASSISTANCE PROVIDED TO EXECUTIVES MAY INCLUDE RELOCATION ALLOWANCES TO ASSIST WITH DUPLICATE HOUSING EXPENSES. RELOCATION ASSISTANCE IS ADMINISTERED PER AHSSHC POLICY BY AN EXTERNAL RELOCATION COMPANY. ALL TAXABLE REIMBURSEMENTS MADE TO EXECUTIVES IN CONNECTION WITH RELOCATION ASSISTANCE ARE TREATED AS WAGES TO THE EXECUTIVE AND ARE SUBJECT TO ALL PAYROLL WITHHOLDING AND REPORTING REQUIREMENTS.
PART I, LINE 3
THE INDIVIDUAL WHO SERVES AS THE CEO OF THE FILING ORGANIZATION IS APPOINTED AND COMPENSATED BY ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION (AHSSHC). COMPENSATION AND BENEFITS PROVIDED TO THIS INDIVIDUAL ARE DETERMINED PURSUANT TO POLICIES, PROCEDURES, AND PROCESSES OF AHSSHC THAT ARE DESIGNED TO ENSURE COMPLIANCE WITH THE INTERMEDIATE SANCTIONS LAWS AS SET FORTH IN IRC SECTION 4958. AHSSHC HAS TAKEN STEPS TO ENSURE THAT PROCESSES ARE IN PLACE TO SATISFY THE REBUTTABLE PRESUMPTION OF REASONABLENESS STANDARD AS SET FORTH IN TREASURY REGULATION SECTION 53.4958-6 WITH RESPECT TO ITS ACTIVE EXECUTIVE-LEVEL POSITIONS. THE AHSSHC BOARD COMPENSATION COMMITTEE (THE COMMITTEE) SERVES AS THE GOVERNING BODY FOR ALL EXECUTIVE COMPENSATION MATTERS. THE COMMITTEE IS COMPOSED OF CERTAIN MEMBERS OF THE BOARD OF DIRECTORS (THE BOARD) OF AHSSHC. VOTING MEMBERS OF THE COMMITTEE INCLUDE ONLY INDIVIDUALS WHO SERVE ON THE BOARD AS INDEPENDENT REPRESENTATIVES, WHO HOLD NO EMPLOYMENT POSITIONS WITH AHSSHC AND WHO DO NOT HAVE RELATIONSHIPS WITH ANY OF THE INDIVIDUALS WHOSE COMPENSATION IS UNDER THEIR REVIEW THAT IMPACTS THEIR BEST INDEPENDENT JUDGMENT AS FIDUCIARIES OF AHSSHC. THE COMMITTEE'S ROLE IS TO REVIEW AND APPROVE ALL COMPONENTS OF THE EXECUTIVE COMPENSATION PLAN OF AHSSHC. AS AN INDEPENDENT GOVERNING BODY WITH RESPECT TO EXECUTIVE COMPENSATION, IT SHOULD BE NOTED THAT THE COMMITTEE WILL OFTEN CONFER IN EXECUTIVE SESSIONS ON MATTERS OF COMPENSATION POLICY AND POLICY CHANGES. IN SUCH EXECUTIVE SESSIONS, NO MEMBERS OF MANAGEMENT OF AHSSHC ARE PRESENT, OTHER THAN THE CHIEF PEOPLE OFFICER, WHO REMAINS AT THE REQUEST OF THE CHAIRMAN/COMMITTEE TO PROVIDE ASSISTANCE/INFORMATION AS NEEDED. THE COMMITTEE IS ADVISED BY AN INDEPENDENT THIRD-PARTY COMPENSATION ADVISOR. THIS ADVISOR PREPARES ALL THE BENCHMARK STUDIES FOR THE COMMITTEE. COMPENSATION LEVELS ARE BENCHMARKED WITH A NATIONAL PEER GROUP OF OTHER NOT-FOR-PROFIT HEALTHCARE SYSTEMS AND HOSPITALS OF SIMILAR SIZE AND COMPLEXITY TO ADVENTHEALTH AND EACH OF ITS AFFILIATED ENTITIES. THE FOLLOWING PRINCIPLES GUIDE THE ESTABLISHMENT OF INDIVIDUAL EXECUTIVE COMPENSATION: - THE SALARY OF THE PRESIDENT/CEO OF ADVENTHEALTH WILL NOT EXCEED THE 50TH PERCENTILE OF COMPARABLE SALARIES PAID BY SIMILARLY SITUATED ORGANIZATIONS; AND - OTHER EXECUTIVE SALARIES SHALL BE ESTABLISHED USING MARKET MEDIANS. THE COMPENSATION PHILOSOPHY, POLICIES, AND PRACTICES OF AHSSHC ARE CONSISTENT WITH THE ORGANIZATION'S FAITH-BASED MISSION AND CONFORM TO APPLICABLE LAWS, REGULATIONS, AND BUSINESS PRACTICES. AS A FAITH-BASED ORGANIZATION SPONSORED BY THE SEVENTH-DAY ADVENTIST CHURCH (THE CHURCH), AHSSHC'S PHILOSOPHY AND PRINCIPLES WITH RESPECT TO ITS EXECUTIVE COMPENSATION PRACTICES REFLECT THE CONSERVATIVE APPROACH OF THE CHURCH'S MISSION OF SERVICE AND WERE DEVELOPED IN COUNSEL WITH THE CHURCH'S LEADERSHIP.
PART I, LINES 4A-B
DURING THE YEAR ENDING DECEMBER 31, 2023, MICHAEL MURRILL RECEIVED SEVERANCE PAYMENTS IN THE AMOUNT OF $373,237. PURSUANT TO THE AHSSHC CORPORATE EXECUTIVE POLICY GOVERNING EXECUTIVE SEVERANCE, SEVERANCE AGREEMENTS FOR EXECUTIVES OPERATING AT THE VICE PRESIDENT LEVEL AND ABOVE ARE ENTERED INTO UPON ELIGIBILITY TO FACILITATE THE TRANSITION TO SUBSEQUENT EMPLOYMENT FOLLOWING AN INVOLUNTARY SEPARATION FROM EMPLOYMENT WITH ADVENTHEALTH. AS DISCUSSED IN LINE 1A ABOVE, EXECUTIVES ON THE FILING ORGANIZATION'S MANAGEMENT TEAM THAT HOLD THE POSITION OF VICE-PRESIDENT OR ABOVE ARE COMPENSATED BY AND ON THE PAYROLL OF ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION (AHSSHC), THE PARENT ORGANIZATION OF THE HEALTHCARE SYSTEM KNOWN AS ADVENTHEALTH. IN RECOGNITION OF THE CONTRIBUTION THAT EACH EXECUTIVE MAKES TO THE SUCCESS OF ADVENTHEALTH, ADVENTHEALTH PROVIDES SUPPLEMENTAL EXECUTIVE RETIREMENT BENEFIT PLANS TO ELIGIBLE EXECUTIVES. AS THE SUPPLEMENTAL EXECUTIVE RETIREMENT BENEFIT PLANS WERE UPDATED IN 2020 AND CERTAIN INDIVIDUALS STILL PARTICIPATE AS GRAND-FATHERED PARTICIPANTS IN CERTAIN PLANS, THE NARRATIVE BELOW DISCUSSES ALL PLANS IN WHICH THERE WERE ANY PARTICIPANTS IN 2023. THE SERP III PLAN EFFECTIVELY REPLACES THE PRIOR SERP II PLAN, THE EXECUTIVE FLEX BENEFIT PROGRAM PLAN, AND THE SENIOR EXECUTIVE DEATH BENEFIT PLAN FOR QUALIFIED EXECUTIVES EXCEPT FOR CERTAIN GRANDFATHERED EXECUTIVE EMPLOYEES. SERP III PLAN: THE SERP III PLAN PROVIDES ELIGIBLE EXECUTIVES A PERCENTAGE OF THEIR BASE PAY, WHICH IS CREDITED TO A DEFERRED COMPENSATION ACCOUNT. THE PLAN ALSO PROVIDES FOR COMPENSATION DEFERRAL AND SELECTION OF LIFE INSURANCE COVERAGE AND LONG-TERM CARE INSURANCE. TO BE ELIGIBLE TO PARTICIPATE IN THE SERP III PLAN, EXECUTIVES MUST BE ON THE AHSSHC CORPORATE PAYROLL AND BE EITHER A CEO OF AN ADVENTHEALTH ENTITY, AN AHSSHC VICE PRESIDENT (VP) OR VP OF AN ADVENTHEALTH ENTITY WITH A BASE SALARY OF AT LEAST $330,000 IN 2023 (ADJUSTED ANNUALLY BY THE SAME PERCENTAGE AS IRC SECTION 401(A)(17) LIMIT INCREASES), OR OTHER LEADER SPECIFICALLY APPROVED BY THE ADVENTHEALTH PRESIDENT. ELIGIBLE EXECUTIVES DO NOT INCLUDE GRANDFATHERED EXECUTIVES, MEANING THOSE EXECUTIVES WHO WOULD SATISFY ALL THE ELIGIBILITY REQUIREMENTS OF THE SERP II PLAN PRIOR TO DEC 31, 2027, HAD THE PLAN NOT BEEN AMENDED AND RESTATED AS OF JAN. 1, 2020. CONTRIBUTION CREDITS WILL BE ESTABLISHED AND MAINTAINED BY CLASS YEAR ACCOUNTS FOR EACH PARTICIPANT USING TIERED CONTRIBUTION CREDIT PERCENTAGES OF ANNUAL BASE COMPENSATION. CONTRIBUTION CREDIT PERCENTAGES RANGE BETWEEN 15% AND 19% OF BASE COMPENSATION. CONTRIBUTION CREDITS WILL BE MADE EACH QUARTER IN 25% INCREMENTS WITH REDUCTIONS IN CONTRIBUTIONS IF THE EXECUTIVE IS ALSO A GRANDFATHERED FLEX PARTICIPANT (SEE BELOW). SERP III PROVIDES FOR A CLASS YEAR VESTING AND PAYMENT SCHEDULE (7 YEARS FOR EACH CLASS YEAR) WITH RESPECT TO AMOUNTS ACCUMULATED IN THE EXECUTIVE'S DEFERRED COMPENSATION ACCOUNT. UPON ATTAINMENT OF A NORMAL RETIREMENT AGE (AGE 62), OR UPON CERTAIN OTHER CIRCUMSTANCES AS DEFINED IN THE SERP III PLAN DOCUMENT, ALL DEFERRED AMOUNTS ARE PAID IMMEDIATELY TO THE PARTICIPANT. FOR ANY EXECUTIVES WORKING BEYOND THE NORMAL RETIREMENT AGE, FUTURE EMPLOYER CONTRIBUTIONS WILL BE MADE QUARTERLY FROM SERP III DIRECTLY TO THE PARTICIPANT AS A TAXABLE CASH BONUS. SERP II PLAN: THE SERP II PLAN IS A DEFINED BENEFIT, NON-TAX-QUALIFIED DEFERRED COMPENSATION PLAN FOR CERTAIN EXECUTIVES WHO HAVE PROVIDED LENGTHY SERVICE TO ADVENTHEALTH AND/OR TO OTHER SEVENTH-DAY ADVENTIST CHURCH HOSPITALS OR HEALTH CARE INSTITUTIONS. UNDER THE PROVISIONS OF THE SERP II PLAN, BENEFITS ARE PROVIDED TO QUALIFYING EXECUTIVE PARTICIPANTS ON A PRO-RATA SCHEDULE BEGINNING WITH 20 YEARS OF SERVICE AS AN EMPLOYEE OF ADVENTHEALTH AND/OR ANOTHER HOSPITAL OR HEALTH CARE INSTITUTION CONTROLLED BY THE SEVENTH-DAY ADVENTIST CHURCH AND WHO SATISFY CERTAIN OTHER QUALIFYING CRITERIA. ELIGIBLE EMPLOYEES ARE RESTRICTED TO THOSE EXECUTIVES WHO, AS OF JANUARY 1, 2020, SATISFIED, OR IF EMPLOYMENT CONTINUES, WILL SATISFY THE ELIGIBILITY REQUIREMENTS OF SERP II PRIOR TO DECEMBER 31, 2027. THIS SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP II) WAS DESIGNED TO PROVIDE ELIGIBLE EXECUTIVES WITH THE ECONOMIC EQUIVALENT OF AN ANNUAL INCOME BEGINNING AT NORMAL RETIREMENT AGE EQUAL TO 60% OF THE AVERAGE OF THE PARTICIPANT'S THREE, FIVE OR SEVEN HIGHEST YEARS OF BASE SALARY FROM ADVENTHEALTH ACTIVE EMPLOYMENT INCLUSIVE OF INCOME FROM ALL OTHER SEVENTH-DAY ADVENTIST CHURCH HEALTHCARE EMPLOYER-FINANCED RETIREMENT INCOME SOURCES AND INVESTMENT INCOME EARNED ON THOSE CONTRIBUTIONS THROUGH SOCIAL SECURITY NORMAL RETIREMENT AGE AS DEFINED IN THE PLAN. THE NUMBER OF YEARS INCLUDED IN HIGHEST AVERAGE COMPENSATION IS DETERMINED BY THE INDIVIDUAL'S YEAR OF ENTRY TO SERP II AND BY THE INDIVIDUAL'S YEAR OF ENTRY TO THE ADVENTHEALTH EXECUTIVE FLEX BENEFIT PROGRAM. FLEX PLAN: THE FLEX PLAN WAS ORIGINALLY DESIGNED TO PROVIDE ELIGIBLE EXECUTIVES AN OPPORTUNITY TO SELECT FROM AMONG A VARIETY OF SUPPLEMENTAL BENEFITS, INCLUDING A SPLIT DOLLAR LIFE INSURANCE POLICY AND LONG-TERM CARE INSURANCE, TO INDIVIDUALLY TAILOR A BENEFITS PROGRAM APPROPRIATE TO EACH EXECUTIVE'S NEEDS. IN 2020, THE FLEX PLAN WAS AMENDED TO EXCLUDE EMPLOYED EXECUTIVES WHO ARE HIRED OR PROMOTED AFTER A CERTAIN DATE FROM BEING ELIGIBLE TO PARTICIPATE IN THE FLEX PLAN EXCEPT FOR CERTAIN INSURANCE COVERAGE FEATURES OF THE PLAN. THE FLEX PLAN PROVIDES ELIGIBLE PARTICIPANTS A PRE-DETERMINED BENEFITS ALLOWANCE CREDIT THAT IS EQUAL TO A PERCENTAGE OF THE EXECUTIVE'S BASE PAY FROM WHICH THE COST OF MANDATORY AND ELECTIVE EMPLOYEE BENEFITS IS DEDUCTED. THE BENEFITS ALLOWANCE CREDIT PERCENTAGE FOR ANY PLAN YEAR SHALL NOT BE GREATER THAN THE MAXIMUM DOLLAR AMOUNT OR THE PERCENTAGE OF COMPENSATION AS DETERMINED BY THE ADVENTHEALTH BENEFITS ADMINISTRATION COMMITTEE. FOR GRANDFATHERED ELIGIBLE EMPLOYEES, THE ANNUAL PRE-DETERMINED FLEX ALLOWANCE IS CONTRIBUTED AND ANY FUNDS THAT REMAIN AFTER THE COST OF MANDATORY AND ELECTIVE BENEFITS ARE SUBTRACTED ARE, AT THE EMPLOYEE'S OPTION, CONTRIBUTED TO EITHER AN IRC 457(F) DEFERRED COMPENSATION ACCOUNT OR TO AN IRC 457(B) ELIGIBLE DEFERRED COMPENSATION PLAN. UPON ATTAINMENT OF AGE 65, ALL PREVIOUS 457(F) DEFERRED AMOUNTS ARE PAID IMMEDIATELY TO THE PARTICIPANT AND ANY FUTURE EMPLOYER CONTRIBUTIONS ARE MADE QUARTERLY FROM THE PLAN DIRECTLY TO THE PARTICIPANT. THE PLAN PROVIDES FOR A CLASS YEAR VESTING SCHEDULE (2 YEARS FOR EACH CLASS YEAR) WITH RESPECT TO AMOUNTS ACCUMULATED IN THE EXECUTIVE'S 457(F) DEFERRED COMPENSATION ACCOUNT. DISTRIBUTIONS COULD ALSO BE MADE FROM THE EXECUTIVE'S 457(F) DEFERRED COMPENSATION ACCOUNT UPON ATTAINMENT OF AGE 65 OR UPON AN INVOLUNTARY SEPARATION. THE ACCOUNT WILL BE FORFEITED BY THE EXECUTIVE UPON A VOLUNTARY SEPARATION. WITH RESPECT TO GRANDFATHERED PARTICIPANTS, THE FLEX PLAN DOCUMENTS DEFINE ELIGIBLE EMPLOYEES TO INCLUDE THE CHIEF EXECUTIVE OFFICERS OF ADVENTHEALTH ENTITIES AND VICE PRESIDENTS OF ALL ADVENTHEALTH ENTITIES WHOSE BASE SALARY WAS AT LEAST EQUAL TO THE INTERNAL REVENUE CODE SECTION 401(A)(17) COMPENSATION LIMIT EACH YEAR. FLEX PLAN FLEX PLAN SERP II SERP III SERP III CONTR. DISTR.* CONTR/DISTR CONTR. DISTR.* BRUCE BERGHERM $126,372 $103,872 $541,847 $ 0 $ 0 MICHAEL MURRILL $ 0 $ 0 $ 0 $ 25,962 $ 303,568 JENNIFER WANDERSLEBEN $115,299 $82,132 $ 0 $ 10,702 $ 0 DIMA DIDENKO $99,739 $ 90,599 $ 0 $ 0 $ 0 AMANDA MAGGARD $60,520 $ 45,738 $ 0 $ 12,003 $ 0 ROBIN MCGUINNESS $57,468 $ 36,267 $ 0 $ 6,645 $ 6,645 ROSALIE OLIVER $44,332 $ 25,234 $ 0 $ 0 $ 0 RODRIGO TORRES $39,417 $ 11,074 $ 0 $ 20,541 $ 0 RAINER CHAN MD $23,019 $ 25,612 $ 0 $ 27,176 $ 0 ROYCE BROWN $ 0 $ 0 $ 0 $ 40,500 $ 0 457B DISTR. MICHAEL SCHULTZ $ 219,948 * INCLUDING INVESTMENT EARNINGS

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
11 October 2024
IRS schema version
2023v5.1
Source object
202442999349301539

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