Health First
Legal name: Health First Inc
Nonprofit profile at a glance
- EIN
- 593528774
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Melbourne, FL, US
- Phone
- 3214345150
- Rating confidence
- Limited
- Sector
- Single Organization Support
Reported finances
- Revenue
- $0
- Expenses
- $0
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- TERRY L FORDE (PRESIDENT/CEO BEG 8/2024)
- TAYLOR K SMITH (SECRETARY 10/2024 FORME CHAIR /INTERIM CEO END 8/2)
- STEVEN P JOHNSON (FORMER PRESIDENT/CEO END 2/2023)
Highest reported compensation
- BRETT A ESROCK (FORMER EXEC VP CFO/COO END 7/2024): $1,267,396 total reported compensation
- TERRY L FORDE (PRESIDENT/CEO BEG 8/2024): $1,081,516 total reported compensation
- NICHOLAS W ROMANELLO ESQ (ASSISTANT SECRETARY): $1,042,107 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Enhancing the health and wellness of our community.
What it reported doing in 2024
The primary exempt purpose of health first, inc. (hfi) is to provide governance and support to health first shared services, inc. (hfss), holmes regional medical center, inc. (hrmc), palm bay hospital (pbh), cape canaveral hospital, inc. (cch), viera hospital (vh), and hospice of health first, inc. (hhf) to make available the infrastructure to provide patient care. The services provided by hfi through the governance of hfss include but are not limited to: strategic planning, management and administrative support services, and integral services in it, finance.more specifically, hfi/hfss assists its affiliated organizations with:1. Coordination of patient care services across all its hospital provider locations to reduce duplication of resources and increase the cost-efficiency of patient care offered at any health first entity;2. Provision of enhanced clinical, marketing, planning, financial and organizational services and expertise, and;3. Service area community health planning to ensure that collectively all health first entities provide the healthcare services required to meet the needs of residents who live in central and south brevard county.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 43
- Accountability: 79
- Sustainability: NotEnoughData
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 66.7%; rating input score 67; 0th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 25th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: -22.9% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: -14.4% per year; rating input score 0; 25th percentile among comparable filings
- Asset growth: -9.7% per year; rating input score 0; 14th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 8 of 10 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $1.3M · 18 people listed · 0 of 6 pay-setting controls reported
- Consistency: 7 of 9 current checks pass · 2 findings to review
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 19 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Growth: Asset growth scored 0/100.