Meridian Hospice
- Assets
- $42.7m
- Revenue
- $35.0m
- Investments
- $0.0
- Employees
- 212
- Location
- Downers Grove, IL
- Founding
- 04/1982
- Data as of
- 12/2021
- EIN
- 36-3158667
Organization Overview
Meridian Hospice is located in Downers Grove, IL. The organization was established in 1982. According to its NTEE Classification (P74) the organization is classified as: Hospices, under the broad grouping of Human Services and related organizations. As of 12/2021, Meridian Hospice employed 212 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meridian Hospice 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 12/2021, Meridian Hospice generated $35.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $28.5m during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE COMPASSIONATE, COST EFFECTIVE CARE TO IMPROVE THE QUALITY OF LIFE FOR TERMINALLY ILL PATIENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MERIDIAN HOSPICE PROVIDES:- END OF LIFE CARE FOUNDATIONS PAY FOR CERTAIN THERAPIES.- FREE & SUBSIDIZED CARE- CARE TO PERSONS COVERED BY GOVERNMENT PROGRAMS AT BELOW COST- UNREIMBURSED SERVICES SUCH AS GRIEF COUNSELING; MUSIC, PET & MASSAGE THERAPY AND CHAPLAINS- FINANCIAL & OTHER ASSISTANCE TO PATIENTS- PROVIDED 136,437 DAYS OF CARE DURING 2021. THE DAYS OF CARE CONSISTED OF 130,258 DAYS OF ROUTINE IN-HOME CARE, 6,161 DAYS OF INPATIENT CARE AT HOSPITALS AND NURSING HOMES, AND 18 DAYS OF CONTINUOUS CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hugh Robinson VP Financial Operations | Officer | 1 | $244,096 |
Amy Scheu VP Palliative Care & Hospice | Officer | 55 | $241,652 |
Rebecca Miller Dir Hospice Ops | 55 | $153,747 | |
Pamela Furmanek Hospice Clinical Director | 55 | $139,929 | |
Kathleen Quinn Manager Clinic Services | 55 | $119,529 | |
Christine Swiderski Supv Clin Ops | 55 | $119,241 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Crestwood Care Centre Co Symphony Post- Healthcare Services | 12/30/19 | $185,470 |
Msm Home Healthcare Solutions Inc Healthcare Services | 12/30/19 | $248,793 |
Generations Health Care Network Oakton P Healthcare Services | 12/30/19 | $173,527 |
Maxim Healthcare Services Inc Healthcare Services | 12/30/19 | $471,047 |
Aerie Ventures Llc Healthcare Services | 12/30/19 | $136,986 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $20,043 |
| Government grants | $192,726 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $212,769 |
| Total Program Service Revenue | $31,608,088 |
| Investment income | $3,220,308 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $35,043,303 |
| 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. | $734,051 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,850,866 |
| Pension plan accruals and contributions | $233,952 |
| Other employee benefits | $1,547,038 |
| Payroll taxes | $762,349 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,912 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,567,714 |
| Advertising and promotion | $0 |
| Office expenses | $169,207 |
| Information technology | $3,734 |
| Royalties | $0 |
| Occupancy | $256,237 |
| Travel | $475,601 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $580 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,740 |
| Insurance | $345,444 |
| All other expenses | $105,228 |
| Total functional expenses | $28,453,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,936,490 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,069,243 |
| 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 | $0 |
| Net Land, buildings, and equipment | $16,813 |
| Investments—publicly traded securities | $35,554,649 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $160,881 |
| Total assets | $42,738,076 |
| Accounts payable and accrued expenses | $4,872,344 |
| 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 | $100,958 |
| Total liabilities | $4,973,302 |
| Net assets without donor restrictions | $37,764,774 |
| Net assets with donor restrictions | $0 |
| 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 | $42,738,076 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Meridian Hospice has recieved totaling $19,963.
| Awarding Organization | Amount |
|---|---|
Advocate Charitable Foundation Downers Grove, IL PURPOSE: CLINICAL & GENERAL SUPPORT | $19,963 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Agrace Hospicecare Incorporated Fitchburg, WI | $127,559,308 | $81,380,739 |
Hospice Of The Bluegrass Inc Lexington, KY | $131,109,074 | $82,828,416 |
Hosparus Inc Louisville, KY | $92,813,151 | $85,297,636 |
Journeycare Inc Glenview, IL | $93,764,887 | $69,461,099 |
Saint Lukes Health System Home Care And Hospice Kansas City, MO | $18,474,856 | $54,557,559 |
Hospice Of The Emerald Coast Inc Louisville, KY | $50,374,918 | $44,119,293 |
Kansas City Hospice Inc Kansas City, MO | $15,935,469 | $33,128,436 |
Meridian Hospice Downers Grove, IL | $42,738,076 | $35,043,303 |
Pesi Inc Eau Claire, WI | $92,534,627 | $38,780,825 |
Unity Limited Partnership De Pere, WI | $36,485,228 | $33,072,896 |
Joliet Area Community Hospice Corporation Joliet, IL | $49,346,001 | $29,848,676 |
Rainbow Hospice And Palliative Care St Louis, MO | $5,767,079 | $25,835,818 |