Centre Homecare Inc
- Assets
- $7.7m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 54
- Location
- State College, PA
- Founding
- 01/1967
- Data as of
- 06/2022
- EIN
- 25-1150593
Organization Overview
Centre Homecare Inc is located in State College, PA. The organization was established in 1967. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. As of 06/2022, Centre Homecare Inc employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centre Homecare Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Centre Homecare Inc generated $3.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $3.0m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CENTRE HOMECARE INC. PROVIDES SKILLED SERVICES TO PATIENTS WHO ARE HOME BOUND, INCLUDING NURSING, THERAPY, SOCIAL SERVICES, AIDES, AND HOSPICE SERVICES. OUR MISSION IS TO PROVIDE QUALITY, COST EFFECTIVE HOME HEALTH AND HOSPICE SERVICES TO ALL PERSONS AND THEIR FAMILIES REGARDLESS OF THEIR ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT COSTS RELATING TO NURSING SERVICES: SPEECH, PHYSICAL AND OCCUPATIONAL THERAPY SERVICES; MEDICAL SOCIAL WORK (THE COUNSELING OF PATIENTS OF THE RESOURCES AVAILABLE TO THEM) AND OTHER NURSING SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph L Scopelliti Jr President/ceo | OfficerTrustee | 2 | $0 |
Christopher Purdy Vice President | OfficerTrustee | 2 | $0 |
Betsy Crossley Secretary/treasurer | OfficerTrustee | 2 | $0 |
Charles Yoder Board President | OfficerTrustee | 2 | $0 |
Catherine Alexander CFO | Officer | 2 | $0 |
Rev Michael Goodling Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $4,147 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $515,781 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,016 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $528,944 |
| Total Program Service Revenue | $2,643,616 |
| Investment income | $24,065 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $579 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,197,204 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,327,328 |
| Pension plan accruals and contributions | $54,359 |
| Other employee benefits | $265,503 |
| Payroll taxes | $102,210 |
| Fees for services: Management | $581,193 |
| Fees for services: Legal | $30,832 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $79,190 |
| Advertising and promotion | $1,420 |
| Office expenses | $81,440 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $58,725 |
| Travel | $182,515 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,361 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $24,546 |
| All other expenses | $0 |
| Total functional expenses | $2,958,561 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,859,801 |
| Savings and temporary cash investments | $6,500 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $278,109 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,701 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,505,533 |
| Total assets | $7,654,644 |
| Accounts payable and accrued expenses | $268,127 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $268,127 |
| Net assets without donor restrictions | $7,076,483 |
| Net assets with donor restrictions | $310,034 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,654,644 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Centre Homecare Inc has recieved totaling $27,793.
| Awarding Organization | Amount |
|---|---|
Centre County Community Foundation Inc State College, PA PURPOSE: GENERAL SUPPORT | $16,435 |
Shoemaker Charitable Tr Pennington, NJ PURPOSE: GENERAL OPERATING | $11,358 |
Endowment Analysis
| Beg. Balance | $682,288 |
| Earnings | -$385,607 |
| Other Expense | $11,293 |
| Ending Balance | $285,388 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vfi Community Services Washington, PA | $2,195,061 | $18,900,286 |
Visiting Nurse Service And Hospice Of Suffolk Inc Northport, NY | $10,640,891 | $18,228,424 |
Community Nurses Home Health And Hospice Inc St Marys, PA | $5,820,834 | $22,058,380 |
Vna Home Care Services Cheektowaga, NY | $69,311,048 | $27,656,855 |
Family Home Health Care Inc Tarrytown, NY | $2,569,495 | $14,598,356 |
Riverspring Licensed Home Care Services Agency Inc Bronx, NY | $1,678,682 | $16,405,863 |
Tower Health At Home-Berks Wyomissing, PA | $6,780,248 | $16,126,875 |
Childrens Home Care Of Dayton Dayton, OH | $25,218,105 | $21,497,470 |
Visiting Nurse Association Of Central Jersey Comm Health Ctr Inc Asbury Park, NJ | $6,979,723 | $16,665,936 |
Visiting Nurse Association Of Cleveland Brooklyn Heights, OH | $11,626,242 | $13,333,014 |
Independent Home Care Newburgh, NY | $12,916,827 | $16,171,715 |
Visiting Nurse Association Of Englewood Inc Englewood, NJ | $13,598,841 | $14,884,164 |