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Memorial Health Systems Inc

DAYTONA BEACH, FL EIN: 59-0973502 Website

ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION AND ALL ITS SUBSIDIARY ORGANIZATIONS WERE ESTABLISHED BY THE SEVENTH-DAY ADVENTIST CHURCH TO BRING A MINISTRY OF HEALING AND HEALTH TO THE COMMUNITIES SERVED. OUR MISSION IS TO EXTEND THE HEALING MINISTRY OF CHRIST. THE HOSPITAL AND HEALTHCARE SYSTEM WHOSE PARENT IS ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION IS KNOWN AS ADVENTHEALTH. ADVENTHEALTH SEEKS TO BE WIDELY RESPECTED AS A CONSUMER-FOCUSED ORGANIZATION THAT ENGAGES INDIVIDUALS IN THEIR HEALTH BY DELIVERING WHOLISTIC, BEST PRACTICE CARE ACROSS A CONNECTED, COMPREHENSIVE CONTINUUM OF SERVICES. WITH CHRIST AS OUR EXAMPLE, ADVENTHEALTH CARES FOR AND NURTURES PEOPLE: OUR EMPLOYEES, OUR COMMUNITIES, OUR HEALTHCARE PROFESSIONALS, AND THOSE WHO TRUST US FOR CARE AND HEALING.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$752.3M

+13.4% YoY

Annual Giving

$477K

-12.5% YoY

Grant Count

3

-57.1% YoY

Avg Grant Size

$159K

+104.1% YoY

About Memorial Health Systems Inc

Based on IRS filings

Memorial Health Systems Inc is a nonprofit organization focused on Health, based in DAYTONA BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $752.3M in total assets. In 2024, it awarded 3 grants totaling $477K. Net investment income was $11.5M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Daytona BeachDelandFlagler BeachJacksonvilleOrlandoOrmond BeachPalm CoastPort Orange

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$216M$432M$648M$864M20202021202220232024
Metric202420232022
Total Assets$752,259,114$663,451,885$557,347,310
Revenue$785,818,974$665,936,146$543,759,757
Expenses$690,379,641$604,329,353$543,958,755
Qualifying Distributions
Net Investment Income$11,513,822$2,398,831$3,378,145
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$136K$272K$409K$545K3 grants20204 grants20219 grants20227 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

ADVENTHEALTH UNIVERSITY$300KDAYTONA STATE COLLEGE FO…$127KFIRST STEP SHELTER INC$50K

Grant Size Distribution

26 grants across all recorded years

14<$50K5$50–100K6$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BROWN MD DOUGLASEXECUTIVE MED DIRECTOR-REV C…$350KKEYES MD MICHAELEXECUTIVE MED DIRECTOR-REV C…$340KPAZ MD GEORGEEXECUTIVE MED DIRECTOR-REV C…$322KDORR JOHNREGIONAL DIRECTOR-MEDICAL PH…$296KCOLLINS WILLIAMSENIOR MEDICAL PHYSICIST THE…$283KPATEL MD KETULDIRECTOR/CHIEF OF STAFF$24KADAMS JOHNDIRECTOR$310AROCHO MD JAMESDIRECTOR$310BURT DAVIDDIRECTOR$310CEBALLOS GLORIADIRECTOR$310DAWSON MELINDADIRECTOR (END 12/2024)$310DESAI MD METEESHDIRECTOR (END 12/2024)$310FERGUSON JOHNDIRECTOR$310HOOPER ANDREADIRECTOR$310HOSSEINI NIKADIRECTOR (BEG 02/2024)$310MARONEY PHILIPDIRECTOR$310

From 2024 filing

NameTitleHoursCompensation
HAFFNER PHD RANDALLDIRECTOR0.2
OTTATI DAVIDFORMER OFFICER
GOODMAN TODDDIR/AH CEN FL DIV CFO0.1
GREGORY PHD AUDREYDIR/CHAIR/FL EAST DIVISION13.5
CELANO PATRICIAFORMER KEY EMPLOYEE
THOMAS DEBORADIRECTOR13.5
WEIS DAVIDCEO-HOSPITAL FACILITY45
HERNANDEZ MD DENNISDIRECTOR0.2
SINCLAIR MD DAVIDCMO-HOSPITAL FACILITY50
CHAPMAN CULLYFORMER OFFICER
LUNDE ERICFORMER KEY EMPLOYEE
GOEB-BURKETT MICHELEFORMER KEY EMPLOYEE14
DOMAYER CORYCFO - HOSPITAL FACILITY45
DESAI MD SURESHDIRECTOR0.2
TKACHUCK DERRIKCOO-HOSPITAL FACIITY50
KABANUK JAMIECNO-HOSPITAL FACILITY50
BROWN MD DOUGLASEXECUTIVE MED DIRECTOR-REV CYCLE50$350,471
PAZ MD GEORGEEXECUTIVE MED DIRECTOR-REV CYCLE50$322,302
GRAY KRISTENFORMER KEY EMPLOYEE
DORR JOHNREGIONAL DIRECTOR-MEDICAL PHYSICIST50$295,881
KEYES MD MICHAELEXECUTIVE MED DIRECTOR-REV CYCLE50$339,786
COLLINS WILLIAMSENIOR MEDICAL PHYSICIST THERAPY50$283,325
PATEL MD KETULDIRECTOR/CHIEF OF STAFF3.3$24,310
ADAMS JOHNDIRECTOR0.2$310
AROCHO MD JAMESDIRECTOR0.1$310
BURT DAVIDDIRECTOR0.2$310
CEBALLOS GLORIADIRECTOR0.2$310
DAWSON MELINDADIRECTOR (END 12/2024)0.1$310
DESAI MD METEESHDIRECTOR (END 12/2024)0.1$310
FERGUSON JOHNDIRECTOR0.2$310
HOOPER ANDREADIRECTOR0.2$310
HOSSEINI NIKADIRECTOR (BEG 02/2024)0.1$310
MARONEY PHILIPDIRECTOR0.2$310

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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