Morton Plant Mease Health Care Inc

Nonprofit profile at a glance

EIN
592374556
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Clearwater, FL, USA
Phone
7274627878
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Health Systems

Reported finances

Revenue
$45,155,028
Expenses
$45,151,616
Assets
$1,273,938,008
Liabilities
$6,706,453

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

28 people listed

Executive titles in this filing

  • MATTHEW NOVAK (PRESIDENT MORTON PLANT HOSPITAL)
  • BRANDON MAY (PRESIDENT MP NORTH BAY)
  • KELLY ENRIQUEZ (PRESIDENT MEASE HOSPITALS)

Highest reported compensation

  • ANTHONY SCHUSTER (VP CHIEF MEDICAL OFFICER - MEASES): $1,258,829 total reported compensation
  • LOUIS GALDIERI (EX-OFFICIO TRUSTEE/CHIEF OPERATING OFFICER): $1,212,845 total reported compensation
  • RONALD BEAMON (VP, CFO BAYCARE HOSP DIV): $975,683 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To improve the health of all we serve through community-owned health care services that set the standard for high-quality, compassionate care. AS a part of BayCare Health System, Morton Plant Mease Health Care is the best place to work, receive and provide care. We are powered by an extraordinary team that delivers quality, drives innovation and embraces inclusivity.

What it reported doing in 2024

Morton Plant Mease Health Care, Inc's primary function is to provide support services to various tax-exempt related entities including Morton Plant Hospital Association, Inc. and Trustees of Mease Hospital, Inc. The types of support services provided to these entities include executive management, finance, team resources, education, administration, medical affairs, transcription, switchboard, clinical research, and social services.

Operating model

Revenue model
Other-operating. 76% of the money available for current operations came from other operating revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 72% for direct work, and 28% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 80
  • Accountability: 84
  • Sustainability: 57
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.2%; rating input score 83
  • Program expense ratio: 83.2%; rating input score 83
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 88.9%; rating input score 89; 21st 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: 0%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 28.21; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 94; 94th percentile among comparable filings
  • Officer compensation ratio: 11.9%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: -7.6% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -7.4% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 8.3% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 83.2% of revenue deployed · 83.2% of spending went to programs
  • Governance: 16 of 18 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $37.6M in reported program spending
  • Leadership: top reported pay $1.3M · 28 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $5.5M reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Related organizations: 42 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Operating margin scored 32/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.