AVMED INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- AVMED INC (EIN 59-2742907)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-14
- IRS object ID
- 202333189349310703
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-14T13:41:54-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 920460586 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PWC US TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 76 S LAURA STREET SUITE 2100 | AddressLine1Txt |
| City | JACKSONVILLE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 592742907 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AVMED INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AVME | BusinessNameControlTxt |
| Phone | 3523728400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 749 | AddressLine1Txt |
| City | GAINESVILLE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 326270749 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES M REPP | PersonNm |
| Person Title | PRESIDENT/COO | PersonTitleTxt |
| Phone | 3523728400 | PhoneNum |
| Signature | 2023-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JAMES | PersonFirstNm |
| Person Last | REPP | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | NADER FARHAT | PreparerPersonNm |
| PTIN | P01004599 | PTIN |
| Phone | 9043540671 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JAMES M REPP | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 749 | AddressLine1Txt |
| City | GAINESVILLE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 326270749 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $898,289,040 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.AVMED.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1986 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | TO HELP OUR MEMBERS LIVE HEALTHIER BY PROVIDING HIGH QUALITY HEALTH CARE PLANS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 590 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $770,128,789 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $823,248,577 | CYProgramServiceRevenueAmt |
| PY Investment Income | $29,135,269 | PYInvestmentIncomeAmt |
| CY Investment Income | -$1,515,831 | CYInvestmentIncomeAmt |
| PY Other Revenue | $895,023 | PYOtherRevenueAmt |
| CY Other Revenue | $1,335,946 | CYOtherRevenueAmt |
| PY Total Revenue | $800,159,081 | PYTotalRevenueAmt |
| CY Total Revenue | $823,068,692 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $44,932,135 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $47,496,293 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $776,754,534 | PYOtherExpensesAmt |
| CY Other Expenses | $941,425,530 | CYOtherExpensesAmt |
| PY Total Expenses | $821,686,669 | PYTotalExpensesAmt |
| CY Total Expenses | $988,921,823 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$21,527,588 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$165,853,131 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $315,740,193 | TotalAssetsBOYAmt |
| Total Assets EOY | $378,952,909 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $200,522,666 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $307,966,047 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $115,217,527 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $70,986,862 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF AVMED, INC. IS TO HELP OUR MEMBERS LIVE HEALTHIER BY PROVIDING ACCESS TO HIGH QUALITY, AFFORDABLE HEALTH CARE SERVICES THROUGH A NETWORK OF CREDENTIALED HEALTH CARE PROVIDERS LOCATED THROUGHOUT AVMED INC.'S SERVICE AREAS. AVMED PROVIDES AFFORDABLE, NON-COMMERCIAL-TYPE HEALTH BENEFITS CONTRACTS, EDUCATES ITS ENROLLEES ABOUT HEALTH ISSUES, PROVIDES WELLNESS AND DISEASE PREVENTION PROGRAMS, CONDUCTS HEALTH FAIRS, PROVIDES DISEASE AND CHRONIC CARE MANAGEMENT PROGRAMS, MANAGES COMPLEX CASES, AND PROVIDES PRESCRIPTION DRUGS AND CERTAIN MEDICAL RESEARCH PROGRAMS. AVMED OFFERS ITS PROGRAM OF SERVICES AT AFFORDABLE FIXED PRICES TO FLORIDA EMPLOYERS AND VULNERABLE POPULATIONS INCLUDING INDIVIDUALS, SMALL EMPLOYER GROUPS AND SENIOR CITIZENS THROUGH THE MEDICARE ADVANTAGE PROGRAM (INCLUDING PRESCRIPTION DRUGS). | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $942,229,645 | ExpenseAmt |
| Revenue | $823,737,355 | RevenueAmt |
| Desc | AVMED PROVIDED HEALTH MAINTENANCE ORGANIZATION SERVICES TO EMPLOYERS AND INDIVIDUALS, INCLUDING SMALL EMPLOYER GROUPS AND SENIOR CITIZENS, REPRESENTING 1,223,133 MEMBER MONTHS OF NETWORK ACCESS, 1,276,565 DRUG PRESCRIPTIONS, AND 46,005 DAYS OF INPATIENT CARE. AVMED ALSO PROVIDED ADMINISTRATIVE SERVICES FOR SELF-FUNDED HEALTH CARE PLANS.IN ADDITION, AVMED PROVIDED EDUCATION, WELLNESS AND DISEASE PREVENTION, HEALTH FAIRS, DISEASE AND CHRONIC CARE MANAGEMENT, MANAGEMENT OF COMPLEX CASES, CLINICAL EDUCATION AND COORDINATION, AND OTHER HEALTH IMPROVEMENT SERVICES. AVMED IS "ACCREDITED" FOR BOTH ITS MEDICARE, COMMERCIAL, AND MARKETPLACE/EXCHANGE PRODUCTS FROM THE NATIONAL COMMITTEE FOR QUALITY ASSURANCE (NCQA) FOR ITS PROGRAMS OF HEALTH CARE. AVMED ANNUALLY MEASURES THE HEALTH CARE PERFORMANCE OF ITS NETWORK OF PROVIDERS THROUGH THE HEALTHCARE EFFECTIVENESS DATA AND INFORMATION SET (HEDIS) PROCESS. HEDIS INCLUDES MORE THAN 90 MEASURES ACROSS 6 DOMAINS OF CARE.AT LAST MEASUREMENT, AVMED'S RESULTS WERE RANKED AT 4 STAR OR HIGHER FOR 12 OF THE 45 HEALTH PLAN RATING MEASURES AND AT 3 STAR OR HIGHER FOR 19 OF THE 45 MEASURES USED IN THE NCQA ACCREDITATION SCORING FOR ITS COMMERCIAL PRODUCTS. FOR THE MEDICARE PRODUCT, AVMED'S RESULTS WERE RANKED AT 4 STAR OR HIGHER FOR 16 OF THE 43 MEASURES AND 3 STAR OR HIGHER FOR 31 OUT OF THE 43 MEASURES USED IN THE NCQA ACCREDITATION SCORING. THIS WAS THE FIRST YEAR REPORTING MARKETPLACE/EXCHANGE PRODUCT LINE, THEREFORE RESULTS ARE NOT AVAILABLE YET.AVMED ALSO ANNUALLY MEASURES THE SATISFACTION OF ITS MEMBERS THROUGH THE CONSUMER ASSESSMENT OF HEALTHCARE PROVIDERS AND SYSTEMS (CAHPS) SURVEY. THE SURVEY PROVIDES INFORMATION ON THE EXPERIENCES OF AVMED MEMBERS WITH THE HEALTH PLAN AND HOW WELL THE HEALTH PLAN MEETS MEMBERS' EXPECTATIONS. AVMED AS A HEALTH PLAN WAS RATED A 4 OUT OF 5 BY MEDICARE MEMBERS AND A 5 OUT OF 5 BY COMMERCIAL MEMBERS. IN ADDITION TO HELPING MEMBERS LIVE HEALTHIER, AVMED HELPS BUILD HEALTHIER COMMUNITIES IN EACH MARKET IT SERVES. IN 2022, AVMED CONTINUED TO DEFINE WHAT IT MEANS TO BE WELLFLUENT. A COMBINATION OF WELL-BEING AND AFFLUENT, WELLFLUENT IS HAVING OR STRIVING TO HAVE A BALANCED LIFE, RICH IN WHAT MATTERS MOST: HEALTH AND HAPPINESS. BY DEVELOPING AND IMPLEMENTING PROGRAMS THAT ENCOURAGE THIS LIFESTYLE, AVMED ADVOCATES FOR ITS MORE THAN 200,000 MEMBERS ALONG WITH THEIR FLORIDIAN NEIGHBORS.IN 2022, AVMED CONTINUED ITS SUPPORT OF MIAMI-DADE COUNTY'S BIKE305 PROGRAM, WHICH CULMINATED WITH BIKE TO WORK DAY. THIS PROGRAM SHOWED RESIDENTS HOW EASY IT IS TO COMMUTE MORE HEALTHILY BY COMBINING THE EFFICIENCY OF PUBLIC TRANSPORTATION WITH THE OPEN AIR EXPERIENCE OF A BICYCLE RIDE. ALL MIAMI-DADE COUNTY PUBLIC TRANSPORTATION OPTIONS ACCOMMODATE BICYCLES ON BOARD, SO THIS ONE DAY IS DESIGNED TO DEVELOP HEALTHY HABITS THAT LAST A LIFETIME.IN ADDITION, AVMED EXPANDED ITS WELLNESS PROGRAMS, NOW AVAILABLE BOTH IN PERSON AND ONLINE VIA AVMED.ORG. THESE PROGRAMS ARE DESIGNED TO ENHANCE PHYSICAL AND MENTAL WELL-BEING FOR OUR MEMBERS AND FOR THE COMMUNITY.AVMED ALSO CONTINUED ITS SPONSORSHIP OF SEVERAL COMMUNITY FITNESS AND HEALTH EVENTS IN FORT LAUDERDALE AND MIAMI. THIS INCLUDES THE JOE DIMAGGIO TOUR DE BROWARD, THE ORANGE BOWL 5K AND THE MIAMI-DADE COUNTY HEALTH & SAFETY EXPO. | Desc |
| Total Program Service Expenses | $942,229,645 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (1) | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 15684 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 590 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIMOTHY MATSUBARA VP FINANCE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3523728400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4300 NW 89TH BLVD | AddressLine1Txt |
| City | GAINESVILLE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 326065688 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| LAWRENCE G SCHREIBER | ||||||||
| CHIEF EXECUTIVE OFFICER/DIRECTOR | 45.00 | 15.00 | Yes (X) | Yes (X) | $0 | $2,028,776 | $5,352,045 | |
| JAMES M REPP | ||||||||
| PRESIDENT/CHIEF OPERATING OFFICER | 60.00 | 0.00 | Yes (X) | $0 | $1,406,629 | $201,983 | ||
| STEVEN M ZIEGLER | ||||||||
| SR VP LEGAL & COMPLIANCE/ASST SEC. | 48.00 | 12.00 | Yes (X) | $0 | $650,123 | $881,793 | ||
| RANDALL L STUART | ||||||||
| SR VP/CFO/ASST TREAS. (THRU 3/31/22) | 51.00 | 9.00 | Yes (X) | $0 | $904,878 | $44,161 | ||
| PHILIP G BOWLING | ||||||||
| SR VP/CFO/ASSISTANT TREASURER | 51.00 | 9.00 | Yes (X) | $0 | $511,203 | $97,315 | ||
| EDUARDO E DE ARMAS | ||||||||
| SR SALES REP | 40.00 | 0.00 | $244,033 | $0 | $18,147 | Yes (X) | ||
| LYNN E MONACO | ||||||||
| ASSISTANT GENERAL COUNSEL | 40.00 | 0.00 | $209,209 | $0 | $37,118 | Yes (X) | ||
| OGNIAN K ASPAROUHOV PHD | ||||||||
| DIRECTOR ADVANCED ANALYTICS | 40.00 | 0.00 | $209,064 | $0 | $27,323 | Yes (X) | ||
| PATRICIA L TURNER | ||||||||
| DIRECTOR FIN. PLANNING & ANALYSIS | 40.00 | 0.00 | $199,674 | $0 | $24,361 | Yes (X) | ||
| ARVIND KUMAR | ||||||||
| DIRECTOR BUSINESS INTELLIGENCE | 40.00 | 0.00 | $206,760 | $0 | $6,790 | Yes (X) | ||
| GLENDA E HOOD | ||||||||
| CHAIR/DIRECTOR | 2.20 | 0.80 | Yes (X) | Yes (X) | $0 | $55,158 | $0 | |
| BENJAMIN I DOERR JR | ||||||||
| TREASURER/DIRECTOR | 0.70 | 0.80 | Yes (X) | Yes (X) | $0 | $45,596 | $0 | |
| JACKSON N SASSER PHD | ||||||||
| VICE CHAIR/DIRECTOR | 0.70 | 0.80 | Yes (X) | Yes (X) | $0 | $45,269 | $0 | |
| JAMES D LEE | ||||||||
| DIRECTOR | 0.70 | 0.80 | Yes (X) | $0 | $43,469 | $0 | ||
| PAMELA J MOONEY PHD | ||||||||
| DIRECTOR | 0.70 | 0.80 | Yes (X) | $0 | $43,142 | $0 | ||
| KATHERINE L FERNANDEZ | ||||||||
| SECRETARY/DIRECTOR | 0.70 | 0.80 | Yes (X) | Yes (X) | $0 | $41,996 | $0 | |
| KEVIN R MADDRON | ||||||||
| DIRECTOR | 0.70 | 0.80 | Yes (X) | $0 | $27,779 | $0 | ||
| GREGORY A HAILE | ||||||||
| DIRECTOR | 0.70 | 0.80 | Yes (X) | $0 | $27,779 | $0 | ||
| RITA M BARRETO | ||||||||
| DIRECTOR | 0.70 | 0.80 | Yes (X) | $0 | $27,779 | $0 | ||
| GEORGE E FLETCHER | ||||||||
| DIRECTOR (THRU 3/31/22) | 0.70 | 0.80 | Yes (X) | $0 | $13,890 | $0 | ||
| ROBERT L EPLING | ||||||||
| TREASURER/DIRECTOR (THRU 1/31/22) | 0.70 | 0.80 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,068,740 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $5,873,466 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $6,691,036 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 93 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BAPTIST HOSPITAL OF MIAMI INC | |||||
| 8900 N KENDALL DRIVE | MIAMI | FL | 33176 | MEDICAL SERVICES | $139,643,391 |
| SOUTH BROWARD HOSPITAL DISTRICT | |||||
| PO BOX 538527 | ATLANTA | GA | 303538527 | MEDICAL SERVICES | $114,646,084 |
| UNIV OF MIAMI HOSPCLNS | |||||
| 1475 NW 12TH AVENUE | MIAMI | FL | 33136 | MEDICAL SERVICES | $107,415,257 |
| PUBLIC HEALTH TRUST OF DADE COUNTY | |||||
| 1611 NW 12TH AVE | MIAMI | FL | 33136 | MEDICAL SERVICES | $71,163,430 |
| SOUTH MIAMI HOSPITAL INC | |||||
| 6200 SW 73RD ST | MIAMI | FL | 331434679 | MEDICAL SERVICES | $50,948,371 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 827 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| COMPREHENSIVE REVENUE | 524114 | $460,451,334 | $460,451,334 |
| MEDICARE REVENUE | 524114 | $295,790,451 | $295,790,451 |
| SELF-FUNDED ADMIN FEE | 524292 | $53,327,225 | $53,327,225 |
| FEDERAL REVENUE | 524114 | $13,679,567 | $13,679,567 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $823,248,577 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,458,761 | TotalRevenueColumnAmt |
| Exclusion | $2,458,761 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $67,315,616 | SecuritiesAmt |
| Other | $3,930,140 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $71,291,437 | SecuritiesAmt |
| Other | $3,928,911 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$3,975,821 | SecuritiesAmt |
| Other | $1,229 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$3,974,592 | TotalRevenueColumnAmt |
| Exclusion | -$3,974,592 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| MANAGEMENT FEES | 561000 | $796,425 | $796,425 | |
| FEE CREDITS AND SETTLEMENTS | 900099 | $488,778 | $488,778 | |
| MISCELLANEOUS REBATES | 900099 | $50,743 | $50,743 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,335,946 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $823,068,692 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $823,737,355 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$668,663 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,032,366 | TotalAmt |
| Program Services | $28,956,920 | ProgramServicesAmt |
| Management And General | $10,075,446 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,087,633 | TotalAmt |
| Program Services | $806,882 | ProgramServicesAmt |
| Management And General | $280,751 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,402,751 | TotalAmt |
| Program Services | $3,456,962 | ProgramServicesAmt |
| Management And General | $945,789 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,973,543 | TotalAmt |
| Program Services | $2,229,566 | ProgramServicesAmt |
| Management And General | $743,977 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,410,506 | TotalAmt |
| Program Services | $9,658,443 | ProgramServicesAmt |
| Management And General | $7,752,063 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,893,653 | TotalAmt |
| Program Services | $2,670 | ProgramServicesAmt |
| Management And General | $1,890,983 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $734,596 | TotalAmt |
| Management And General | $734,596 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $845,354,971 | TotalAmt |
| Program Services | $841,540,258 | ProgramServicesAmt |
| Management And General | $3,814,713 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,828,844 | TotalAmt |
| Program Services | $2,828,844 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,717,886 | TotalAmt |
| Program Services | $6,284,656 | ProgramServicesAmt |
| Management And General | $1,433,230 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,129,780 | TotalAmt |
| Program Services | $28,847,393 | ProgramServicesAmt |
| Management And General | $10,282,387 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,164,793 | TotalAmt |
| Program Services | $3,737,713 | ProgramServicesAmt |
| Management And General | $2,427,080 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $229,730 | TotalAmt |
| Program Services | $162,149 | ProgramServicesAmt |
| Management And General | $67,581 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,908 | TotalAmt |
| Program Services | $14,427 | ProgramServicesAmt |
| Management And General | $161,481 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $617 | TotalAmt |
| Management And General | $617 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $665,833 | TotalAmt |
| Program Services | $483,606 | ProgramServicesAmt |
| Management And General | $182,227 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $404,384 | TotalAmt |
| Management And General | $404,384 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| LICENSES AND FEES | $17,608,618 | $12,425,175 | $5,183,443 |
| DUES AND ASSESSMENTS | $807,938 | $499,008 | $308,930 |
| COMMUNITY SUPPORT | $297,473 | $294,973 | $2,500 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $988,921,823 | TotalAmt |
| Program Services | $942,229,645 | ProgramServicesAmt |
| Management And General | $46,692,178 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,000 | BOYAmt |
| EOY | $10,000 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,557,668 | BOYAmt |
| EOY | $20,862,324 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,633,812 | BOYAmt |
| EOY | $24,803,774 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,623,242 | BOYAmt |
| EOY | $18,612,690 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $55,613,400 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $48,404,205 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,022,610 | BOYAmt |
| EOY | $7,209,195 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130,036,903 | BOYAmt |
| EOY | $69,436,969 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,855,958 | BOYAmt |
| EOY | $238,017,957 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $315,740,193 | BOYAmt |
| EOY | $378,952,909 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,491,658 | BOYAmt |
| EOY | $169,569,553 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,061,870 | BOYAmt |
| EOY | $2,257,525 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,777,079 | BOYAmt |
| EOY | $67,803,839 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,192,059 | BOYAmt |
| EOY | $68,335,130 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $200,522,666 | BOYAmt |
| EOY | $307,966,047 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,217,527 | BOYAmt |
| EOY | $70,986,862 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,217,527 | BOYAmt |
| EOY | $70,986,862 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $315,740,193 | BOYAmt |
| EOY | $378,952,909 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$165,853,131 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$11,668,036 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $133,290,502 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $58,000 | PoliticalExpendituresAmt |
| Internal Funds Contributed | $58,000 | InternalFundsContributedAmt |
| Total Exempt Function Expend | $58,000 | TotalExemptFunctionExpendAmt |
| Form1120 POL Filed | Yes (1) | Form1120POLFiledInd |
Section527 Political Org Section527PoliticalOrgGrp (22 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Paid Internal FundsPaidInternalFundsAmt |
|---|---|---|---|---|---|
| A BOLDER FLORIDA | |||||
| 2600 S DOUGLAS RD STE 900 | CORAL GABLES | FL | 33134 | 842754770 | $6,000 |
| ALESSANDRO JAMES D'AMICO CAMPAIGN | |||||
| 6619 S DIXIE HWY NUM 148 | MIAMI | FL | 33143 | 873712871 | $2,000 |
| ALEXIS CALATAYUD CAMPAIGN | |||||
| 10865 SW 136 TERRACE | MIAMI | FL | 33176 | 881549399 | $1,000 |
| ALINA GARCIA CAMPAIGN | |||||
| 2600 S DOUGLAS RD STE 900 | CORAL GABLES | FL | 33134 | 874598647 | $1,000 |
| COMMITTEE FOR RESPONSIBILITY IN GOVERNMENT | |||||
| 6619 S DIXIE HWY NUM 148 | MIAMI | FL | 33134 | 272150835 | $1,500 |
| COMMON VOICES | |||||
| 6619 S DIXIE HWY NUM 148 | MIAMI | FL | 33134 | 831617490 | $2,000 |
| DANIELLE COHEN HIGGINS CAMPAIGN | |||||
| 1742 W FLAGLER STREET | MIAMI | FL | 33135 | 434560072 | $1,000 |
| DEMI BUSATTA CABRERA CAMPAIGN | |||||
| 2100 SALZEDO STREET STE 200 | CORAL GABLES | FL | 33134 | 843877071 | $1,000 |
| FIGHT FOR OUR FUTURE | |||||
| 1742 W FLAGLER STREET | MIAMI | FL | 33135 | 834422229 | $1,500 |
| FLORIDA DEMOCRATIC PARTY | |||||
| 214 S BRONOUGH STREET | TALLAHASSEE | FL | 32301 | 590772903 | $2,500 |
| FLORIDA REPUBLICAN SENATORIAL | |||||
| 2640-A MITCHAM DRIVE | TALLAHASSEE | FL | 32308 | 472058962 | $7,500 |
| FLORIDA SHINES | |||||
| 115 E PARK AVE STE 1 | TALLAHASSEE | FL | 32301 | 831795318 | $1,000 |
| HOUSE DISTRICT 120 RACE | |||||
| 150 TED WILLIAMS WAY | ISLAMORADA | FL | 33036 | 842923321 | $1,000 |
| ILEANA GARCIA CAMPAIGN | |||||
| 2055 NW IAMOND CREEK WAY | JENSEN BEACH | FL | 34957 | 851241275 | $1,000 |
| JORGE L FORS JR CAMPAIGN | |||||
| 2600 S DOUGLAS RD STE 900 | CORAL GABLES | FL | 33134 | 832150467 | $2,000 |
| JUAN CARLOS BERMUDEZ CAMPAIGN | |||||
| 2600 S DOUGLAS RD STE 900 | CORAL GABLES | FL | 33134 | 812176788 | $1,000 |
| JUAN CARLOS PORRAS FOR FLORIDA STATE REPRESENTATIVE DISTRICT 19 | |||||
| 15703 SW 43RD LANE | MIAMI | FL | 33185 | 881571149 | $1,000 |
| MIAMI UNITED PC | |||||
| 2100 SALZEDO STREET STE 200 | CORAL GABLES | FL | 33134 | 844043279 | $12,500 |
| MIAMI-DADE DISTRICT 2 UNITED | |||||
| 12790 W DIXIE HWY | MIAMI | FL | 33161 | 854125217 | $1,500 |
| NEXTGEN FLORIDA LEADERSHIP | |||||
| 2600 S DOUGLAS RD STE 900 | CORAL GABLES | FL | 33134 | 861850477 | $1,500 |
| REPUBLICAN PARTY OF FLORIDA | |||||
| 420 E JEFFERSON STREET | TALLAHASSEE | FL | 32301 | 590683241 | $7,500 |
| WALLACE ARISTIDE CAMPAIGN 2022 INC | |||||
| 3600 S STATE RD 7 STE 38 | MIRAMAR | FL | 33023 | 854338343 | $1,000 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I-A, LINE 1: | FormAndLineReferenceDesc |
| Explanation | DURING 2022, AVMED MADE CONTRIBUTIONS TO POLITICAL ACTION COMMITTEES AND THE GENERAL CAMPAIGN FUNDS OF STATE AND LOCAL POLITICAL CANDIDATES. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $235,420 | OtherCostOrOtherBasisAmt |
| Depreciation | $232,196 | DepreciationAmt |
| Book Value | $3,224 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $48,218,565 | OtherCostOrOtherBasisAmt |
| Depreciation | $48,172,009 | DepreciationAmt |
| Book Value | $46,556 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,159,415 | OtherCostOrOtherBasisAmt |
| Book Value | $7,159,415 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $7,209,195 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (10 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| CAPITAL CONTRIBUTION RECEIVABLE FROM SENTARA | $132,079,706 |
| REBATE RECEIVABLES | $56,510,032 |
| AMOUNTS DUE FROM ASO PLANS | $23,808,086 |
| RIGHT OF USE ASSET | $9,499,279 |
| RISK SHARING RECEIVABLES | $4,929,757 |
| OTHER HEALTH CARE RECEIVABLES | $4,005,752 |
| RECEIVABLE ON SALE OF PROPERTY | $3,928,405 |
| OTHER RECEIVABLES | $1,516,453 |
| REINSURANCE RECEIVABLES | $1,253,901 |
| INTEREST RECEIVABLE | $486,586 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $238,017,957 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| AFFORDABLE CARE ACT LIABILITIES | $51,508,758 |
| LEASE LIABILITIES | $14,172,733 |
| BENEFITS PAYABLE | $1,600,110 |
| OTHER LIABILITIES | $1,053,529 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $68,335,130 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $823,066,958 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $823,066,958 | RevenueSubtotalAmt |
| Other Revenues Not Included | $1,734 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,734 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $823,068,692 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $988,921,823 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $988,921,823 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $988,921,823 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | INCLUDED IN THIS LINE ARE OBLIGATIONS TO PAY BENEFITS FROM ESCROWED FUNDS ON BEHALF OF SELF-FUNDED HEALTH PLANS. |
| PART X, LINE 2: | AVMED IS AN ORGANIZATION AS DESCRIBED IN SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. AVMED IS SUBJECT TO INCOME TAX ON UNRELATED BUSINESS INCOME. AVMED INCURRED NO INCOME TAX EXPENSE IN 2022 AND 2021. IN ADDITION, AVMED HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2022 OR 2021. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT PARTNERSHIP REVENUE REALIZED FOR TAX AND NOT FOR FIN. STATEMENTS 1,734. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LAWRENCE G SCHREIBER | ||||||||||||||
| CHIEF EXECUTIVE OFFICER/DIRECTOR | $0 | $1,034,262 | $0 | $723,436 | $0 | $271,078 | $0 | $5,330,295 | $0 | $21,750 | $0 | $7,380,821 | $0 | $92,007 |
| JAMES M REPP | ||||||||||||||
| PRESIDENT/CHIEF OPERATING OFFICER | $0 | $627,724 | $0 | $178,769 | $0 | $600,136 | $0 | $175,223 | $0 | $26,760 | $0 | $1,608,612 | $0 | $383,549 |
| STEVEN M ZIEGLER | ||||||||||||||
| SR VP LEGAL & COMPLIANCE/ASST SEC. | $0 | $412,509 | $0 | $117,256 | $0 | $120,358 | $0 | $853,377 | $0 | $28,416 | $0 | $1,531,916 | $0 | $0 |
| RANDALL L STUART | ||||||||||||||
| SR VP/CFO/ASST TREAS. (THRU 3/31/22) | $0 | $172,863 | $0 | $145,772 | $0 | $586,243 | $0 | $36,811 | $0 | $7,350 | $0 | $949,039 | $0 | $391,051 |
| PHILIP G BOWLING | ||||||||||||||
| SR VP/CFO/ASSISTANT TREASURER | $0 | $376,923 | $0 | $0 | $0 | $134,280 | $0 | $77,531 | $0 | $19,784 | $0 | $608,518 | $0 | $0 |
| EDUARDO E DE ARMAS | ||||||||||||||
| SR SALES REP | $86,715 | $0 | $144,099 | $0 | $13,219 | $0 | $9,559 | $0 | $8,588 | $0 | $262,180 | $0 | $0 | $0 |
| LYNN E MONACO | ||||||||||||||
| ASSISTANT GENERAL COUNSEL | $192,007 | $0 | $5,986 | $0 | $11,216 | $0 | $8,344 | $0 | $28,774 | $0 | $246,327 | $0 | $0 | $0 |
| OGNIAN K ASPAROUHOV PHD | ||||||||||||||
| DIRECTOR ADVANCED ANALYTICS | $190,895 | $0 | $5,723 | $0 | $12,446 | $0 | $9,352 | $0 | $17,971 | $0 | $236,387 | $0 | $0 | $0 |
| PATRICIA L TURNER | ||||||||||||||
| DIRECTOR FIN. PLANNING & ANALYSIS | $178,610 | $0 | $14,130 | $0 | $6,934 | $0 | $7,849 | $0 | $16,512 | $0 | $224,035 | $0 | $0 | $0 |
| ARVIND KUMAR | ||||||||||||||
| DIRECTOR BUSINESS INTELLIGENCE | $198,594 | $0 | $4,275 | $0 | $3,891 | $0 | $2,752 | $0 | $4,038 | $0 | $213,550 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | TAX GROSS-UP PAYMENTS OCCUR FOR GROUP VARIABLE LIFE INSURANCE PREMIUMS PAID ON BEHALF OF THE LISTED AND OTHER EMPLOYEES. EMPLOYER PAID PREMIUMS ARE DEEMED TO BE TAXABLE COMPENSATION AND ARE GROSSED-UP FOR THE TAX IMPACT PRIOR TO BEING ADDED AS IMPUTED INCOME TO AN EMPLOYEE'S YEAR-END FORM W-2. TAX GROSS-UP PAYMENTS ARE PROVIDED FOR VESTED DISTRIBUTIONS FROM THE DEFINED CONTRIBUTION AND (NOW FROZEN) DEFINED BENEFIT PENSION RESTORATION PLANS. |
| PART I, LINE 3 | LAWRENCE G SCHREIBER IS THE CHIEF EXECUTIVE OFFICER (CEO) OF AVMED, INC. (THROUGH 12/31/2022). MR. SCHREIBER IS COMPENSATED BY SANTAFE HEALTHCARE, INC., A RELATED SUPPORTING ORGANIZATION. SANTAFE HEALTHCARE, INC. UTILIZES THE FOLLOWING PROCESS TO ESTABLISH THE CEO'S COMPENSATION AND BENEFITS: THE SANTAFE HEALTHCARE, INC. BOARD OF DIRECTORS ANNUALLY RETAINS AN INDEPENDENT THIRD PARTY COMPENSATION AND BENEFITS CONSULTING FIRM (FIRM) TO CONDUCT A MARKET COMPETITIVENESS REVIEW OF THE CEO'S TOTAL DIRECT COMPENSATION (BASE SALARY, ANNUAL INCENTIVES AND LONG TERM INCENTIVES) AND BENEFITS. THE COMPETITIVE ANALYSIS INCLUDES COMPARISON TO SIMILAR POSITIONS IN COMPANIES OF SIMILAR SIZE WITHIN THE SAME OR SIMILAR INDUSTRY. AFTER COMPLETION OF ITS REVIEW,THE FIRM MAKES RECOMMENDATIONS, IF ANY, DIRECTLY TO THE SANTAFE HEALTHCARE, INC. BOARD OF DIRECTORS. THE BOARD OF DIRECTORS ESTABLISHES THE FINAL COMPENSATION AND BENEFIT PACKAGE FOR THE CEO TAKING INTO CONSIDERATION THE MARKET COMPETITIVENESS REVIEW AND FINAL RECOMMENDATION OF THE FIRM. THE FIRM PROVIDES AN OPINION LETTER REGARDING THE REASONABLENESS OF THE CEO'S FINAL COMPENSATION AND BENEFITS PACKAGE. THE ACTIONS OF THE BOARD ARE DOCUMENTED IN THE MINUTES OF THE BOARD MEETING. |
| PART I, LINE 4B | (RELATES TO PART I, LINE 4A): LISTED PERSONS ARE EMPLOYEES OF AVMED OR RELATED ORGANIZATIONS AND ARE COVERED UNDER A SEVERANCE POLICY FOR THEIR RESPECTIVE RELATED ORGANIZATION. THE SEVERANCE POLICY INCLUDES MONTHLY PAYMENTS UP TO A MAXIMUM OF 12 - 36 MONTHS UNDER QUALIFYING CIRCUMSTANCES AND DEPENDING ON POSITION. NO ONE LISTED RECEIVED SEVERANCE OR CHANGE OF CONTROL PAYMENT DURING 2022. PART I, LINE 4B: CERTAIN LISTED PERSONS ARE EMPLOYEES OF SANTAFE HEALTHCARE, INC., A RELATED SUPPORTING ORGANIZATION. SANTAFE HEALTHCARE, INC. MAINTAINS TWO ACTIVE NONQUALIFIED DEFERRED COMPENSATION RETIREMENT PLANS FOR A CERTAIN GROUP OF EXECUTIVES TO INCLUDE THOSE LISTED EMPLOYEES OF SANTAFE HEALTHCARE, INC. ONE PLAN RESTORES RETIREMENT BENEFITS EQUIVALENT TO QUALIFIED 401(K) BENEFITS ON INCOME EARNED IN EXCESS OF THE INTERNAL REVENUE SERVICE CODE SECTION 401(A)(17) RECOGNIZABLE PAY LIMITS (A DEFINED CONTRIBUTION RESTORATION PLAN.) VESTING FOR THIS PLAN IS ACHIEVED AT AGE 55 AND 10 YEARS OF SERVICE OR AT AGE 65 AND 5 YEARS OF SERVICE. THE SECOND SUPPLEMENTAL DEFINED CONTRIBUTION PLAN PROVIDES ADDITIONAL RETIREMENT INCOME BASED ON A PERCENTAGE OF BASE SALARY AND VESTS AT THREE AND FIVE YEARS OF SERVICE. LISTED PERSONS VESTED AND RECEIVED PAYMENTS FROM SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS DURING 2022 AS FOLLOWS: JAMES M REPP $550,958 RANDALL L STUART $526,840 LAWRENCE G SCHREIBER $117,037 STEVEN M ZIEGLER $ 98,272 |
| SCHEDULE J, PART II: | CERTAIN SENIOR EXECUTIVES ARE ACCOUNTABLE FOR AND PERFORM SERVICES FOR SANTAFE HEALTHCARE, INC. AND EACH OF ITS AFFILIATES. SANTAFE HEALTHCARE, INC. AND AFFILIATES REPRESENT A DIVERSIFIED FAMILY OF NOT-FOR-PROFIT ORGANIZATIONS. THESE SENIOR EXECUTIVES ARE PAID DIRECTLY BY SANTAFE HEALTHCARE, INC. AND THEIR COMPENSATION AND BENEFITS ARE APPORTIONED AND CHARGED TO THE RESPECTIVE AFFILIATES BASED ON THE ESTIMATED AMOUNT OF TIME SPENT ON EACH AFFILIATE'S ACTIVITIES. |
| SCHEDULE J, PART II, COLUMN C: | LAWRENCE G SCHREIBER AND STEVEN M ZIEGLER ARE EMPLOYEES OF SANTAFE HEALTHCARE, INC. AS A RESULT OF THE SALE OF AVMED, INC. AS DESCRIBED IN SCHEDULE O, MR. SCHREIBER AND MR. ZIEGLER EARNED ADDITIONAL COMPENSATION PAYABLE IN 2023 AND 2024, WHICH IS CONTINGENT UPON THEIR EMPLOYMENT BY SANTAFE HEALTHCARE, INC. THE ADDITIONAL COMPENSATION WILL BE PAID ENTIRELY BY SANTAFE HEALTHCARE, INC. AND WILL NOT BE ALLOCATED OR CHARGED TO AVMED, INC. THE ADDITIONAL COMPENSATION IS REPORTED AS DEFERRED IN SCHEDULE J, PART II, COLUMN C FOR MR. SCHREIBER AND MR. ZIEGLER AND TOTALS $5,000,000 AND $841,177, RESPECTIVELY. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | ON DECEMBER 31, 2022, SENTARA HEALTHCARE, A VIRGINIA NONSTOCK CORPORATION EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, ACQUIRED CONTROL OF AVMED FROM SANTAFE HEALTHCARE, INC. CONTROL OF AVMED WAS ACQUIRED PURSUANT TO THE TRANSFER OF GOVERNANCE RIGHTS AGREEMENT BETWEEN AVMED, SANTAFE HEALTHCARE, INC., AND SENTARA HEALTHCARE. SENTARA HEALTHCARE, THROUGH ITS DIRECT WHOLLY OWNED SUBSIDIARY SENTARA HOLDINGS FLORIDA, LLC, MAINTAINS ULTIMATE CONTROL OF AVMED THROUGH THE ELECTION OF THE BOARD OF DIRECTORS. AVMED'S GOVERNING DOCUMENTS, INCLUDING THE ARTICLES OF INCORPORATION AND BYLAWS, WERE AMENDED AND RESTATED DUE TO THIS CHANGE IN CONTROL. |
| FORM 990, PART VI, SECTION A, LINE 6 | AS OF DECEMBER 31, 2022, THE ORGANIZATION'S SOLE MEMBER IS SENTARA HOLDINGS FLORIDA, LLC, A FLORIDA LIMITED LIABILITY COMPANY AND A DIRECT WHOLLY OWNED SUBSIDIARY OF SENTARA HEALTHCARE, A VIRGINIA NONSTOCK CORPORATION AND SECTION 501(C)(3) TAX-EXEMPT ENTITY. |
| FORM 990, PART VI, SECTION A, LINE 7A | PRIOR TO THE TRANSACTION DESCRIBED ABOVE IN SCHEDULE O, PART VI, SECTION A, LINE 4, AVMED'S ARTICLES OF INCORPORATION AND BYLAWS STATED THAT THE SANTAFE HEALTHCARE, INC. BOARD OF DIRECTORS SHALL CONSTITUTE THE ORGANIZATION'S BOARD OF DIRECTORS. THE AMENDED AND RESTATED ARTICLES OF INCORPORATION AND BYLAWS STATE THAT SENTARA HEALTHCARE, THROUGH ITS DIRECT WHOLLY OWNED SUBSIDIARY SENTARA HOLDINGS FLORIDA, LLC, HAS CONTROL TO APPOINT AVMED'S BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | PRIOR TO THE TRANSACTION DESCRIBED ABOVE IN SCHEDULE O, PART VI, SECTION A, LINE 4, THE SANTAFE HEALTHCARE, INC. BOARD OF DIRECTORS CONSTITUTED THE ORGANIZATION'S BOARD OF DIRECTORS, WHICH MADE ALL GOVERNANCE DECISIONS OF THE ORGANIZATION. THE SANTAFE HEALTHCARE, INC. BOARD OF DIRECTORS HAD THE POWER AND AUTHORITY TO ESTABLISH COMMITTEES, TO ELECT AND REMOVE OFFICERS, TO APPROVE AMENDMENTS OF THE ORGANIZATION'S GOVERNING DOCUMENTS, AND TO MODIFY, AMEND, RESCIND, OR REPEAL ANY ACTION TAKEN BY THE ORGANIZATION'S BOARD OF DIRECTORS. AS OF DECEMBER 31, 2022, SENTARA HEALTHCARE, THROUGH ITS DIRECT WHOLLY OWNED SUBSIDIARY SENTARA HOLDINGS FLORIDA, LLC, HAS THE POWER AND AUTHORITY TO AMEND, RESCIND, OR REPEAL ANY ACTION TAKEN BY THE ORGANIZATION'S BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION USED IN-HOUSE TAX DEPARTMENT PERSONNEL, WHO ARE LICENSED CERTIFIED PUBLIC ACCOUNTANTS, TO PREPARE AND REVIEW ITS FORM 990. DURING THE PREPARATION AND REVIEW PROCESS, THE TAX DEPARTMENT WORKED CLOSELY WITH OTHER DEPARTMENTS, SUCH AS LEGAL, HUMAN RESOURCES, COMPLIANCE, FINANCE, AND MARKETING, TO ENSURE THAT A COMPLETE AND ACCURATE RETURN WAS FILED. FOLLOWING INTERNAL PREPARATION AND REVIEW, PWC US TAX LLP REVIEWED THE FORM 990. A COPY OF THE ORGANIZATION'S FORM 990, AS ULTIMATELY FILED WITH THE IRS, WAS PROVIDED TO EACH VOTING MEMBER OF SENTARA HEALTHCARE'S GOVERNING BODY BEFORE SUBMISSION TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | AVMED, INC. HAS A PROCEDURE FOR MONITORING AND ENFORCING COMPLIANCE WITH ITS CORPORATE CONFLICT OF INTEREST POLICY (POLICY). EACH COVERED PERSON SHALL RECEIVE A COPY OF THE POLICY FOR REVIEW AND SUBMIT AN AFFIRMATION WHICH IS ATTACHED TO THE CODE OF ETHICAL BUSINESS CONDUCT. ADDITIONALLY, EACH COVERED PERSON ENGAGED IN MAKING OR INFLUENCING DECISIONS SHALL COMPLETE A QUESTIONNAIRE CONCERNING CONFLICTS OF INTEREST ANNUALLY. THE PROCEDURE DETAILS THAT THE CORPORATE SECRETARY HAS RESPONSIBILITY FOR DELIVERY OF THE POLICY TO DIRECTORS AND OFFICERS AND RECEIPT OF THEIR AFFIRMATIONS AND QUESTIONNAIRES. THE HUMAN RESOURCES DEPARTMENT SHALL OBTAIN THE AFFIRMATION AND QUESTIONNAIRE FROM EVERY NEW EMPLOYEE AT ORIENTATION. THE HUMAN RESOURCES DEPARTMENT SHALL ALSO OBTAIN THE AFFIRMATION FROM ALL EMPLOYEES AND THE CONFLICT OF INTEREST QUESTIONNAIRE FROM APPLICABLE EMPLOYEES ANNUALLY. MEMBERS OF CORPORATE ADVISORY BOARDS SUBMIT THE AFFIRMATION AND QUESTIONNAIRE TO THE CHIEF COMPLIANCE OFFICER. ANNUAL CONFLICT OF INTEREST STATEMENTS ARE REVIEWED BY INTERNAL STAFF TO ENSURE RECORDS ARE COMPLETE. AS PART OF THE CORPORATE CONTRACT REVIEW PROCESS, CONSIDERATION IS GIVEN TO ANY POTENTIAL CONFLICTS OF INTEREST INVOLVING OPERATIONAL OR FINANCIAL TRANSACTIONS. ALL EMPLOYEES ARE EXPECTED TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS. INITIAL REVIEW OF EMPLOYEE QUESTIONNAIRES WILL BE PERFORMED BY THE HUMAN RESOURCES DEPARTMENT AND AFFILIATE COMPLIANCE OFFICER, WITH REVIEW OF ANY DISCLOSURES BY THE CHIEF COMPLIANCE OFFICER WHO WILL EVALUATE, MAKE NECESSARY INQUIRIES, AND INVESTIGATE ALTERNATIVES. BOARD MEMBERS SHALL DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS TO THE CHAIRPERSON OF THE BOARD, AND THE CHAIRPERSON OR CHIEF COMPLIANCE OFFICER SHALL EVALUATE CONFLICT DISCLOSURES AND, IF APPROPRIATE, INVESTIGATE ALTERNATIVES AND REPORT TO DISINTERESTED BOARD MEMBERS FOR RESOLUTION. THE MINUTES OF THE BOARD OR ANY COMMITTEE MEETING AT WHICH A POTENTIAL OR ACTUAL CONFLICT OF INTEREST IS DISCLOSED OR DISCUSSED SHALL REFLECT THE NAME OF THE INTERESTED PARTY, THE NATURE OF THE CONFLICT, THE DELIBERATIONS AND THE RESOLUTION OF THE CONFLICT. IF IT IS DETERMINED THAT A COVERED PERSON HAS FAILED TO COMPLY WITH THE POLICY, THE CHIEF COMPLIANCE OFFICER OR THE CHAIRPERSON SHALL TAKE APPROPRIATE ACTION, WHICH MAY INCLUDE REMOVAL FROM OFFICE OR TERMINATION OF EMPLOYMENT. |
| FORM 990, PART VI, SECTION B, LINE 15 | LAWRENCE G SCHREIBER IS THE CHIEF EXECUTIVE OFFICER (CEO) OF AVMED, INC.(THROUGH 12/31/2022). MR. SCHREIBER IS COMPENSATED BY SANTAFE HEALTHCARE, INC., A RELATED SUPPORTING ORGANIZATION. SANTAFE HEALTHCARE, INC. UTILIZES THE FOLLOWING PROCESS TO ESTABLISH THE CEO'S COMPENSATION AND BENEFITS: THE SANTAFE HEALTHCARE, INC. BOARD OF DIRECTORS ANNUALLY RETAINS AN INDEPENDENT THIRD PARTY COMPENSATION AND BENEFITS CONSULTING FIRM (FIRM) TO CONDUCT A MARKET COMPETITIVENESS REVIEW OF THE CEO'S TOTAL DIRECT COMPENSATION (BASE SALARY, ANNUAL INCENTIVES, AND LONG TERM INCENTIVES) AND BENEFITS. THE COMPETITIVE ANALYSIS INCLUDES COMPARISON TO SIMILAR POSITIONS IN COMPANIES OF SIMILAR SIZE WITHIN THE SAME OR SIMILAR INDUSTRY. AFTER COMPLETION OF ITS REVIEW, THE FIRM MAKES RECOMMENDATIONS, IF ANY, DIRECTLY TO THE SANTAFE HEALTHCARE, INC. BOARD OF DIRECTORS. THE BOARD OF DIRECTORS ESTABLISHES THE FINAL COMPENSATION AND BENEFIT PACKAGE FOR THE CEO TAKING INTO CONSIDERATION THE MARKET COMPETITIVENESS REVIEW AND FINAL RECOMMENDATION OF THE FIRM. THE FIRM PROVIDES AN OPINION LETTER REGARDING THE REASONABLENESS OF THE CEO'S FINAL COMPENSATION AND BENEFITS PACKAGE. THE ACTIONS OF THE BOARD ARE DOCUMENTED IN THE MINUTES OF THE BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15B: THE PROCESS FOR DETERMINING COMPENSATION FOR OTHER LISTED PERSONS OF AVMED, INC. IS AS FOLLOWS: THE BOARD OF DIRECTORS ANNUALLY RETAINS AN INDEPENDENT THIRD PARTY COMPENSATION AND BENEFITS CONSULTING FIRM (FIRM) TO CONDUCT A MARKET COMPETITIVENESS REVIEW OF ALL AVMED, INC. NON-DIRECTOR OFFICERS AND KEY EMPLOYEES' TOTAL DIRECT COMPENSATION (BASE SALARY, ANNUAL INCENTIVES, AND LONG-TERM INCENTIVES) AND BENEFITS. THE COMPETITIVE ANALYSIS INCLUDES COMPARISONS TO SIMILAR POSITIONS IN COMPANIES OF SIMILAR SIZE WITHIN THE SAME OR SIMILAR INDUSTRY. AFTER COMPLETION OF ITS REVIEW, THE FIRM MAKES RECOMMENDATIONS, IF ANY, DIRECTLY TO THE BOARD OF DIRECTORS. THE FIRM PROVIDES AN OPINION LETTER REGARDING THE REASONABLENESS OF TOTAL DIRECT COMPENSATION AND EXECUTIVE BENEFITS. THE ACTIONS OF THE BOARD ARE DOCUMENTED IN THE MINUTES OF THE BOARD MEETINGS. THE BOARD OF DIRECTORS REGULARLY RETAINS AN INDEPENDENT THIRD PARTY CONSULTANT TO CONDUCT A MARKET COMPETITIVENESS REVIEW OF THE BOARD OF DIRECTORS' (INCLUDING OFFICER POSITIONS) COMPENSATION. THE COMPETITIVENESS ANALYSIS INCLUDES COMPARISONS TO BOTH NOT-FOR-PROFIT AND PUBLIC COMPANY (EXCLUDING EQUITY COMPONENT) DATA FOR COMPANIES WITHIN THE SAME OR SIMILAR INDUSTRY. ANY COMPENSATION CHANGES ARE APPROVED BY THE BOARD OF DIRECTORS BASED ON THE MARKET COMPETITIVENESS STUDY. |
| FORM 990, PART VI, SECTION C, LINE 19 | AVMED, INC.'S PROCEDURE FOR MAKING VARIOUS DOCUMENTS AVAILABLE TO THE PUBLIC IS AS FOLLOWS: THE ARTICLES OF INCORPORATION CAN BE ACCESSED DIRECTLY THROUGH THE FLORIDA DEPARTMENT OF STATE, DIVISION OF CORPORATIONS WEBSITE AT WWW.SUNBIZ.ORG. AVMED, INC.'S CONFLICT OF INTEREST POLICY IS INCLUDED IN ITS CODE OF ETHICAL BUSINESS CONDUCT AND IS AVAILABLE TO THE GENERAL PUBLIC AT HTTP://WWW.AVMED.ORG. AVMED, INC. DID NOT OTHERWISE MAKE ITS GOVERNING DOCUMENTS, INCLUDING BYLAWS, AVAILABLE TO THE PUBLIC. THE FLORIDA OFFICE OF INSURANCE REGULATION SERVES AS THE OVERSIGHT AND LICENSING ENTITY FOR FLORIDA HEALTH MAINTENANCE ORGANIZATIONS AND CONDUCTS ROUTINE AND REGULAR EXAMINATIONS OF THE FINANCIAL AND OPERATING CONDITIONS OF LICENSED ENTITIES. THE EXAMINATION REPORTS INCLUDE STATUTORY-BASIS FINANCIAL STATEMENT DETAILS AND ANALYSIS, AS WELL AS EVALUATION AND OPINIONS ON THE ENTITY'S GOVERNING DOCUMENTS AND GOVERNING BODY OPERATIONS AND MEETINGS. THE GENERAL PUBLIC HAS ACCESS TO THE FULL EXAMINATION REPORTS AT HTTP://WWW.FLOIR.COM/SECTIONS/LANDH/MANAGEDCARE/IS_MC_FINANCIAL_EXAMS.ASPX. AVMED, INC. DID NOT OTHERWISE MAKE ITS AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. |
| FORM 990, PART VII, SECTION A, LINE 1A: | CERTAIN SENIOR EXECUTIVES ARE ACCOUNTABLE FOR AND PERFORM SERVICES FOR SANTAFE HEALTHCARE, INC. AND EACH OF ITS AFFILIATES. SANTAFE HEALTHCARE, INC. AND AFFILIATES REPRESENT A DIVERSIFIED FAMILY OF NOT-FOR-PROFIT ORGANIZATIONS. THESE SENIOR EXECUTIVES ARE PAID DIRECTLY BY SANTAFE HEALTHCARE, INC. AND THEIR COMPENSATION AND BENEFITS ARE APPORTIONED AND CHARGED TO THE RESPECTIVE AFFILIATES BASED ON THE ESTIMATED AMOUNT OF TIME SPENT ON EACH AFFILIATE'S ACTIVITIES. FORM 990, PART VII, SECTION A, COLUMN F: LAWRENCE G SCHREIBER AND STEVEN M ZIEGLER ARE EMPLOYEES OF SANTAFE HEALTHCARE, INC. AS A RESULT OF THE SALE OF AVMED, INC. AS DESCRIBED IN SCHEDULE O, MR. SCHREIBER AND MR. ZIEGLER EARNED ADDITIONAL COMPENSATION PAYABLE IN 2023 AND 2024, WHICH IS CONTINGENT UPON THEIR EMPLOYMENT BY SANTAFE HEALTHCARE, INC. THE ADDITIONAL COMPENSATION WILL BE PAID ENTIRELY BY SANTAFE HEALTHCARE, INC. AND WILL NOT BE ALLOCATED OR CHARGED TO AVMED, INC. THE ADDITIONAL COMPENSATION IS REPORTED AS OTHER COMPENSATION IN FORM 990, PART VII, SECTION A, COLUMN F FOR MR. SCHREIBER AND MR. ZIEGLER AND TOTALS $5,000,000 AND $841,177, RESPECTIVELY. |
| FORM 990, PART IX, LINE 11G | HEALTH CARE SERVICES : PROGRAM SERVICE EXPENSES 811,513,300. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 811,513,300. AGENT/BROKER COMMISSIONS AND INCENT : PROGRAM SERVICE EXPENSES 21,014,041. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,014,041. HEALTH CARE CONSULTING AND OUTSIDE : PROGRAM SERVICE EXPENSES 8,176,326. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,176,326. TEMPORARY HELP : PROGRAM SERVICE EXPENSES 836,494. MANAGEMENT AND GENERAL EXPENSES 188,387. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,024,881. RECRUITING AND TESTING SERVICES : PROGRAM SERVICE EXPENSES 97. MANAGEMENT AND GENERAL EXPENSES 227,207. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 227,304. CONSULTING AND OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,399,119. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,399,119. |
| FORM 990, PART XI, LINE 9: | CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPLES 1,112,972. INVESTMENT PARTNERSHIP REVENUE REALIZED FOR TAX AND NOT FOR FIN. STATEMENTS -1,734. CAPITAL CONTRIBUTION FROM SENTARA HEALTHCARE 132,079,706. CHANGE IN INVESTMENT IN SUBSIDIARY 99,558. |
| FORM 990, PART XII, LINE 2C: | AUDIT OVERSIGHT PROCESS: THE COMPANY'S AUDIT COMMITTEE HAS NOT CHANGED ITS PROCESS FOR SELECTION OF THE INDEPENDENT ACCOUNTANT OR ITS PROCESS FOR MANAGING THE AUDIT. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (11 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SENTARA HEALTHCARE | |||||||||||
| 6015 POPLAR HALL DR | NORFOLK | VA | 23502 | 521271901 | HEALTH CARE | VA | 501(C)(3) | 7 | N/A | 0 | |
| SANTAFE HEALTHCARE INC | |||||||||||
| PO BOX 749 | GAINESVILLE | FL | 326270749 | 592317607 | MANAGEMENT AND FINANCIAL SUPPORT FOR NOT-FOR-PROFIT AFFILIATES | FL | 501(C)(3) | 12B TYPE II | N/A | 0 | |
| NORTH FLORIDA RETIREMENT VILLAGE INC | |||||||||||
| PO BOX 749 | GAINESVILLE | FL | 326270749 | 591912330 | RETIREMENT COMMUNITY | FL | 501(C)(3) | 10 | 0 | SANTAFE HEALTHCARE INC | |
| NORTH CENTRAL FLORIDA HOSPICE INC | |||||||||||
| PO BOX 749 | GAINESVILLE | FL | 326270749 | 592490893 | HOSPICE CARE | FL | 501(C)(3) | 10 | 0 | SANTAFE HEALTHCARE INC | |
| SANTAFE SENIOR LIVING INC | |||||||||||
| PO BOX 749 | GAINESVILLE | FL | 326270749 | 203700526 | MANAGEMENT AND FINANCIAL SUPPORT FOR NOT-FOR-PROFIT AFFILIATES | FL | 501(C)(3) | 12B TYPE II | 0 | SANTAFE HEALTHCARE INC | |
| BVG ACQUISITION INC | |||||||||||
| PO BOX 749 | GAINESVILLE | FL | 326270749 | 203701186 | RETIREMENT COMMUNITY | FL | 501(C)(3) | 10 | 0 | SANTAFE HEALTHCARE INC | |
| EAST RIDGE RETIREMENT VILLAGE INC | |||||||||||
| PO BOX 749 | GAINESVILLE | FL | 326270749 | 590903331 | RETIREMENT COMMUNITY | FL | 501(C)(3) | 10 | 0 | SANTAFE HEALTHCARE INC | |
| BONITA SPRINGS RETIREMENT VILLAGE INC | |||||||||||
| PO BOX 749 | GAINESVILLE | FL | 326270749 | 262386152 | RETIREMENT COMMUNITY | FL | 501(C)(3) | 10 | 0 | SANTAFE HEALTHCARE INC | |
| SANTAFE SENIOR LIVING FOUNDATION INC | |||||||||||
| PO BOX 749 | GAINESVILLE | FL | 326270749 | 264464727 | CHARITABLE AND EDUCATIONAL PURPOSES | FL | 501(C)(3) | 7 | 0 | SANTAFE HEALTHCARE INC | |
| HFK CARE CORPORATION | |||||||||||
| PO BOX 749 | GAINESVILLE | FL | 326270749 | 592386289 | HOSPICE CARE & HOME HEALTH CARE | FL | 501(C)(3) | 7 | 0 | SANTAFE HEALTHCARE INC | |
| HAVEN FOUNDATION INC | |||||||||||
| 4200 NW 90TH BLVD | GAINESVILLE | FL | 326069945 | 850863879 | CHARITABLE & EDUCATIONAL PURPOSES | FL | 501(C)(3) | 12A TYPE 1 | 0 | NORTH CENTRAL FLORIDA HOSPICE INC | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SF HOLDING CORP INC | |||||||||||
| PO BOX 749 | GAINESVILLE | FL | 326270749 | 592903901 | HOLDING COMPANY | FL | N/A | C | 0 | ||
| AVMED ADMINISTRATORS INC | |||||||||||
| PO BOX 749 | GAINESVILLE | FL | 326270749 | 842931956 | THIRD PARTY ADMINISTRATIVE SERVICES | FL | C | Yes (1) | AVMED INC | 1.00000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | Yes (1) | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AVMED ADMINISTRATORS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | S | TransactionTypeTxt |
| Involved | $256,673 | InvolvedAmt |
| Method Of Amount Determination | CASH VALUE | MethodOfAmountDeterminationTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART II | FormAndLineReferenceDesc |
| Explanation | ON DECEMBER 31, 2022, SENTARA HEALTHCARE, A VIRGINIA TAX-EXEMPT CORPORATION, ACQUIRED CONTROL OF AVMED, INC. FROM SANTAFE HEALTHCARE, INC. SENTARA HEALTHCARE IS THEREFORE LISTED ON SCHEDULE R, PART II FOR 2022. SEE SCHEDULE O FOR ADDITIONAL INFORMATION. | ExplanationTxt |
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