Florida · Ranked 377 of 1033 by CEO pay.
Holmes Regional Medical Center
Terry L Forde, President/CEO Beg 8/5/2024. Fiscal year ending 2024-12.
Form 990 Part VII, columns D+E+F
Schedule H Part I line 7a
The chief executive's title on the filing indicates a change during the year (PRESIDENT/CEO BEG 8/5/2024); the pay shown is what the filing reports for that person, which may cover part of the year.
Most of the reported compensation ($1,073,540 of $1,081,516) came from a related organization (Part VII column E) and was reported on this filing.
Also listed with a chief executive title in the same filings: Brett A Esrock, Fmr VP CEO Hosp. Exe VP CFO/COO Asst Treasurer, $1,267,396. Where a chief executive retired during the year, the filing reports the final-year payout.
§1The filing
- Total revenue
- $364,986,533
- Total expenses
- $310,666,775
- Net assets
- $908,274,017
- Employees
- 0
- Hospitals covered
- 4 facilities across 3 filings
- Charity care, net
- $14,657,152
- Bad debt
- $5,738,534
- Medicare surplus (shortfall), as filed
- ($19,248,242)
- CEO pay from the organization (Part VII col. D)
- $0
- From related organizations (col. E)
- $1,073,540
- Other compensation, including deferred pay and nontaxable benefits (col. F)
- $7,976
- CEO total compensation (D+E+F)
- $1,081,516 to Terry L Forde
Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.
Source: Form 990, Holmes Regional Medical Center, EIN 59-0624371, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title multiple.
§2Community benefit versus charity care
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($5.7M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.
§3Filings in this system
| Filing entity | EIN | FY end | Revenue | Charity care | % of expenses | Filing |
|---|---|---|---|---|---|---|
| Holmes Regional Medical Center Inc | 59-0624371 | 2024-12 | $252.1M | $10.7M | 5.08% | 990 |
| Viera Hospital Inc | 26-4019868 | 2024-12 | $59.8M | $1.3M | 3.20% | 990 |
| Cape Canaveral Hospital Inc | 59-2477479 | 2024-12 | $53.0M | $2.6M | 5.68% | 990 |
Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.
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