Form 990 for tax year 2024
Filed by JUPITER MEDICAL CENTER FOUNDATION INC.
Totals
- Total revenue
- $69,231,671
- Total expenses
- $28,083,213
- Contributions and grants received
- $51,807,855
- Grants paid
- $22,250,732
- Program service revenue
- $0
- Investment income
- $18,137,746
- Other revenue
- -$713,930
- Total assets, end of year
- $216,913,601
- Total liabilities, end of year
- $1,528,490
- Net assets or fund balances, end of year
- $215,385,111
- Program services expenses (Part IX)
- $22,250,732
- Management and general expenses
- $0
- Fundraising expenses
- $5,832,481
- Program service expenses (Part III)
- $22,250,732
Program services were 79.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$1,529,766
-
1f · All other contributions, gifts and grants
$50,278,089
-
1g · Noncash contributions included above
$8,362,093
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $4,116,222 · excluded $4,116,222
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $304,191,981
-
7b · Less cost or other basis and sales expenses
securities $290,170,457
-
7c · Gain or loss
securities $14,021,524 · other assets $0
-
7d · Net gain or loss
total $14,021,524 · excluded $14,021,524
-
8a · Fundraising events: gross income
$172,870
-
8a · Fundraising events: contributions included on line 1c
$1,529,766
-
8b · Fundraising events: direct expenses
$889,730
-
8c · Net income from fundraising events
total -$716,860 · excluded -$716,860
-
9a · Gaming: gross income
$2,930
-
9c · Net income from gaming
total $2,930 · excluded $2,930
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $22,250,732 · program services $22,250,732
-
5 · Compensation of officers, directors and key employees
total $479,973 · fundraising $479,973
-
7 · Other salaries and wages
total $2,596,704 · fundraising $2,596,704
-
8 · Pension plan contributions
total $41,973 · fundraising $41,973
-
9 · Other employee benefits
total $163,687 · fundraising $163,687
-
10 · Payroll taxes
total $227,230 · fundraising $227,230
-
11f · Fees: investment management
total $175,947 · fundraising $175,947
-
11g · Fees: other
total $1,000,492 · program services $0 · management and general $0 · fundraising $1,000,492
-
12 · Advertising and promotion
total $455,772 · fundraising $455,772
-
13 · Office expenses
total $263,708 · fundraising $263,708
-
14 · Information technology
total $111,255 · fundraising $111,255
-
16 · Occupancy
total $18,351 · fundraising $18,351
-
17 · Travel
total $15,805 · fundraising $15,805
-
22 · Depreciation, depletion and amortization
total $33,040 · fundraising $33,040
-
24a · Other expenses: COMMUNITY ACTIVITIES
total $93,560 · fundraising $93,560
-
24b · Other expenses: DONOR RECOGNITION
total $71,752 · fundraising $71,752
-
24c · Other expenses: RECRUITMENT
total $30,000 · fundraising $30,000
-
24d · Other expenses: MEMBERSHIPS & LICENSES
total $27,141 · fundraising $27,141
-
24e · All other expenses
total $26,091 · program services $0 · management and general $0 · fundraising $26,091
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $40,280,087 · end of year $28,206,294
-
3 · Pledges and grants receivable
beginning of year $58,571,739 · end of year $61,190,066
-
4 · Accounts receivable
beginning of year $0 · end of year $275,534
-
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
-
9 · Prepaid expenses and deferred charges
beginning of year $345,747 · end of year $291,651
-
10a · Land, buildings and equipment: cost or other basis
$306,717
-
10b · Land, buildings and equipment: accumulated depreciation
$161,291
-
10c · Land, buildings and equipment, net
beginning of year $178,467 · end of year $145,426
-
11 · Investments: publicly traded securities
beginning of year $76,430,689 · end of year $126,804,630
-
12 · Investments: other securities
beginning of year $6,632,185
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $17,375 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $438,093
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $1,131,719 · end of year $1,090,397
-
27 · Net assets without donor restrictions
beginning of year $83,494,911 · end of year $103,382,833
-
28 · Net assets with donor restrictions
beginning of year $97,794,909 · end of year $112,002,278
Mission and programs · 2024
Mission
THE MISSION OF THE JUPITER MEDICAL CENTER FOUNDATION, INC. IS TO SECURE THE FINANCIAL RESOURCES REQUIRED TO SUSTAIN CLINICAL EXCELLENCE AND QUALITY OF CARE AT JUPITER MEDICAL CENTER, INC. & ITS AFFILIATES.
Activities or mission (Part I)
TO SECURE THE FINANCIAL RESOURCES REQUIRED TO SUSTAIN CLINICAL EXCELLENCE AND QUALITY OF CARE AT JUPITER MEDICAL CENTER, INC. & ITS AFFILIATES.
-
JUPITER MEDICAL CENTER FOUNDATION, INC. SECURES AND DEPLOYS PHILANTHROPIC RESOURCES THAT SUPPORT CLINICAL EXCELLENCE, QUALITY OF CARE, AND EXPANDED ACCESS TO HEALTH CARE SERVICES AT JUPITER MEDICAL CENTER, INC. ("JMC") AND ITS AFFILIATES. DURING THE YEAR, THE FOUNDATION PROVIDED $22M IN GRANTS TO JMC FOR GENERAL PROGRAM SUPPORT. THESE RESOURCES HELP JMC RESPOND TO THE EVOLVING HEALTH CARE NEEDS OF THE COMMUNITY THROUGH INVESTMENTS IN PATIENT-CENTERED CARE, ADVANCED TECHNOLOGY, AND MODERN FACILITIES.
Expenses $22,250,732 · Grants $22,250,732
As filed on the 2024 return.
Listed in Part VII
-
DONALD MCCREE JR
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
JOSEPH M PETRI
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
PETER A LUND
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
SALVATORE TIANO
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
BURTON M TANSKY
TRUSTEE (THRU MARCH 2025)
- Total calculated
- $0
- Hours/week
- 1
-
DENNIS K WILLIAMS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DONNA DEMAIO-BIJOU
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DOUGLAS S BROWN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
EDWARD L BABINGTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
GEORGE H DAMMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JAMES E PERRELLA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JANE F NAPIER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
KATHARINE F PLUM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
LEONARD ABRAMSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
M JUDE REYES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MARTIN DYTRYCH CPA
TRUSTEE (THRU JULY 2025)
- Total calculated
- $0
- Hours/week
- 1 + 6 related
-
MARY LEHRMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
NEIL S DEVLIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ALLISON VIRAMONTES MHA CPA FACHE
CFO (BEG JUNE 2025)
- Total calculated
- $0
- Hours/week
- 1 + 44 related
-
MICHAEL LOFTUS
SVP & CFO (THRU DEC 2024)
- Total calculated
- $623,698
- From this org
- $0
- From related orgs
- $588,324
- Other
- $35,374
- Hours/week
- 1 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $480,271 related
- Bonus
- $0 + $89,250 related
- Other
- $0 + $18,803 related
- Deferred
- $0 + $12,308 related
- Nontaxable benefits
- $0 + $23,066 related
- Filer's total
- $0 + $623,698 related
-
STEPHAN QUIRICONI
INTERIM CFO (JAN 2025 THRU JUNE 2025)
- Total calculated
- $0
- Hours/week
- 1 + 44 related
-
TRACI SIMONSEN CFRE LCSW
CHIEF PHILANTHROPY OFFICER
- Total calculated
- $479,973
- From this org
- $428,784
- From related orgs
- $0
- Other
- $51,189
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $301,810
- Bonus
- $120,724
- Other
- $6,250
- Deferred
- $18,697
- Nontaxable benefits
- $32,492
- Filer's total
- $479,973
-
JAMIE TAYLOR
EXEC DIR CONCIERGE SERVICES & DONOR RELATIONS
- Total calculated
- $215,373
- From this org
- $179,760
- From related orgs
- $0
- Other
- $35,613
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,308
- Bonus
- $26,136
- Other
- $316
- Deferred
- $6,564
- Nontaxable benefits
- $29,049
- Filer's total
- $215,373
-
JENNIFER D AMARNICK
SENIOR DIRECTOR OF DEVELOPMENT & PLANNED GIVING
- Total calculated
- $224,896
- From this org
- $201,209
- From related orgs
- $0
- Other
- $23,687
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $174,594
- Bonus
- $26,321
- Other
- $294
- Deferred
- $5,399
- Nontaxable benefits
- $18,288
- Filer's total
- $224,896
-
KRISTEN M DANIEL
SENIOR DIRECTOR MAJOR GIFTS
- Total calculated
- $176,615
- From this org
- $165,551
- From related orgs
- $0
- Other
- $11,064
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,039
- Bonus
- $22,348
- Other
- $164
- Deferred
- $1,461
- Nontaxable benefits
- $9,603
- Filer's total
- $176,615
-
REGAN CUNNINGHAM-TARPEY
EXEC DIR FOUNDATION COMM
- Total calculated
- $242,993
- From this org
- $204,791
- From related orgs
- $0
- Other
- $38,202
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $176,901
- Bonus
- $27,449
- Other
- $441
- Deferred
- $8,304
- Nontaxable benefits
- $29,898
- Filer's total
- $242,993
-
STEVEN ESCHELMAN
DIRECTOR OF PHILANTHROPY
- Total calculated
- $175,143
- From this org
- $160,351
- From related orgs
- $0
- Other
- $14,792
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $137,855
- Bonus
- $22,185
- Other
- $311
- Deferred
- $5,637
- Nontaxable benefits
- $9,155
- Filer's total
- $175,143
-
AMIT RASTOGI MD MHCM
CURRENT JMC PRESIDENT / FORMER INTERIM JMCF PRESIDENT
- Total calculated
- $2,236,730
- From this org
- $0
- From related orgs
- $2,003,669
- Other
- $233,061
- Hours/week
- 0 + 48 related
Schedule J breakdown matched by us
- Base
- $0 + $1,165,925 related
- Bonus
- $0 + $485,000 related
- Other
- $0 + $352,744 related
- Deferred
- $0 + $203,800 related
- Nontaxable benefits
- $0 + $29,261 related
- Filer's total
- $0 + $2,236,730 related
-
DALE HOCKING CPA
FORMER CFO
- Total calculated
- $443,039
- From this org
- $0
- From related orgs
- $436,696
- Other
- $6,343
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $80,021 related
- Bonus
- $0
- Other
- $0 + $356,675 related
- Deferred
- $0 + $3,089 related
- Nontaxable benefits
- $0 + $3,254 related
- Filer's total
- $0 + $443,039 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, and on a Form 990-PF Part VIII's — 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
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- SCHEDULE J, PART I, LINE 3 ARRANGEMENT USED TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION
- THE COMPENSATION COMMITTEE OF THE BOARD OF JUPITER MEDICAL CENTER, INC. DETERMINES THE COMPENSATION OF THE JUPITER MEDICAL CENTER FOUNDATION CHIEF PHILANTHROPY OFFICER. THE COMMITTEE USES AN INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEYS, FORM 990 OF OTHER ORGANIZATIONS, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO ESTABLISH COMPENSATION.
- SCHEDULE J, PART I, LINE 4A SEVERANCE OR CHANGE-OF-CONTROL PAYMENT
- DURING CALENDAR YEAR 2024, DALE HOCKING RECEIVED SEVERANCE PAYMENTS FROM A RELATED ORGANIZATION TOTALING $270,971.
- SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN
- DURING CALENDAR YEAR 2024, ACCRUALS RELATED TO A RETENTION BONUS PLAN WERE MADE FOR THE FOLLOWING INDIVIDUALS. THESE AMOUNTS ARE INCLUDED ON SCHEDULE J, PART II, COL (C): AMIT RASTOGI - $190,000 NONE OF THE INDIVIDUALS REPORTED ON THE FILING ORGANIZATION'S FORM 990, PART VII, SECTION A RECEIVED A RETENTION BONUS PAYOUT DURING CALENDAR YEAR 2024. DURING CALENDAR YEAR 2024, ACCRUALS INTO A 457(F) PLAN WERE MADE FOR THE FOLLOWING INDIVIDUALS. THESE AMOUNTS ARE INCLUDED ON SCHEDULE J, PART II, COL (C): TRACI SIMONSEN - $6,000 THE FOLLOWING INDIVIDUALS RECEIVED A DISTRIBUTION FROM THE 457(F) PLAN DURING CALENDAR YEAR 2024. THESE AMOUNTS ARE INCLUDED ON SCHEDULE J, PART II, COL (B)(III): AMIT RASTOGI - $302,702 MICHAEL LOFTUS - $16,291 DALE HOCKING - $84,150
- SCHEDULE J, PART I, LINE 7 NON-FIXED PAYMENTS
- THE ORGANIZATION OFFERS BONUSES BASED ON THE ACHIEVEMENT OF INDIVIDUAL AND ORGANIZATIONAL GOALS; THIS BONUS IS BASED ON A PERCENTAGE OF BASE SALARY OF THE EMPLOYEE. IN ADDITION, SOME INTERESTED PERSONS RECEIVED AN ADDITIONAL PERFORMANCE BONUS THAT IS NOT BASED ON A FIXED FORMULA.
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
-
$22,250,732
GENERAL PROGRAM SUPPORT
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.
-
501(C)(3) · HOSPITAL · FL
Directly controlled by JUPITER HEALTH INC
-
JUPITER MEDICAL CENTER PHYSICIANS GROUP
501(C)(3) · PHYSICIAN OFFICES · FL
Directly controlled by JUPITER HEALTH OUTPATIENT SERVICES INC
-
JUPITER HEALTH OUTPATIENT SERVICES INC
501(C)(3) · AMBULATORY CARE SERVICES · FL
Directly controlled by JUPITER HEALTH INC
-
501(C)(3) · PARENT ORGANIZATION · FL
Directly controlled by NA
-
501(C)(3) · SUPPORTING ORGANIZATION · FL
Directly controlled by JUPITER MEDICAL CENTER INC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
N/A · LAND RENTAL · FL
Directly controlled by NA
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C CORPORATION · PHYSICIAN GROUP · FL
Directly controlled by NA
-
C CORPORATION · JV HOLDING COMPANY · FL
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 August 2026
- IRS schema version
- 2024v5.1
- Source object
- 202602269349303610
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.