Regional Hospice Services Inc
- Assets
- $7.5m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 69
- Location
- Ashland, WI
- Founding
- 04/1995
- Data as of
- 12/2021
- EIN
- 39-1688390
Organization Overview
Regional Hospice Services Inc is located in Ashland, WI. The organization was established in 1995. As of 12/2021, Regional Hospice Services Inc employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Regional Hospice Services 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 12/2021, Regional Hospice Services Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 0.7% 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
PROVIDE HOSPICE CARE TO TERMINALLY ILL PATIENTS IN NORTHERN WISCONSIN AND MICHIGAN'S UPPER PENINSULA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGIONAL HOSPICE IS COMMITTED TO PROVIDING COMPASSIONATE CARE AND SUPPORT TO PATIENTS WITH LIFE-LIMITING ILLNESSES AND END OF LIFE CONDITIONS. IT IS OUR VISION THAT REGIONAL HOSPICE IS THE PROVIDER OF CHOICE FOR EXCEPTIONAL CARE AND SUPPORT IN THE GEOGRAPHIC AREA WE SERVE. WE PROVIDE SERVICE AND SUPPORT TO APPROXIMATELY 325 TERMINALLY ILL PATIENTS PER YEAR. WE ALSO GIVE SUPPORT TO THEIR FAMILIES WHILE THEY ARE LIVING AND THROUGH OUR BEREAVEMENT PROGRAM AFTER THEIR LOVED ONE'S DEATH, THUS TOUCHING THE LIVES OF THOUSANDS IN OUR COMMUNITIES ON AN ANNUAL BASIS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynda Anderson Executive Director | Officer | 40 | $154,634 |
Mike Schafer Vice President | OfficerTrustee | 1 | $0 |
Jason Douglas President | OfficerTrustee | 1 | $0 |
Gordon Lewis Treasurer | OfficerTrustee | 1 | $0 |
Luke Beirl Director | Trustee | 1 | $0 |
Len Meysemborg Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $183,123 |
| All other contributions, gifts, grants, and similar amounts not included above | $81,578 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $264,701 |
| Total Program Service Revenue | $3,478,455 |
| Investment income | $185,185 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $115,256 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,044,793 |
| 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. | $162,750 |
| Compensation of current officers, directors, key employees. | $162,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,278,088 |
| Pension plan accruals and contributions | $44,394 |
| Other employee benefits | $90,344 |
| Payroll taxes | $106,334 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,710 |
| Fees for services: Other | $20,042 |
| Advertising and promotion | $40,946 |
| Office expenses | $64,650 |
| Information technology | $50,713 |
| Royalties | $0 |
| Occupancy | $38,048 |
| Travel | $118,817 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,323 |
| Insurance | $32,291 |
| All other expenses | $35,570 |
| Total functional expenses | $3,019,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,266 |
| Savings and temporary cash investments | $1,539,684 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $531,974 |
| 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 | $31,767 |
| Net Land, buildings, and equipment | $30,143 |
| Investments—publicly traded securities | $5,362,672 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,498,506 |
| Accounts payable and accrued expenses | $255,501 |
| 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 | $255,501 |
| Net assets without donor restrictions | $7,235,917 |
| Net assets with donor restrictions | $7,088 |
| 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 | $7,498,506 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Regional Hospice Services Inc has recieved totaling $9,900.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $9,900 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Midmichigan Health Services Houghton Lake, MI | $14,679,039 | $20,215,598 |
Michigan Center For Rural Health East Lansing, MI | $1,118,649 | $15,241,971 |
Infinity Health Leon, IA | $10,144,821 | $15,337,549 |
Rural Health Inc Anna, IL | $29,445,660 | $19,976,435 |
East Jordan Family Health Center East Jordan, MI | $14,413,893 | $15,381,761 |
Sterling Area Health Center Sterling, MI | $9,889,044 | $11,532,947 |
Northwest Michigan Health Services Inc Traverse City, MI | $6,841,056 | $10,103,872 |
Henderson County Rural Health Center Inc Oquawka, IL | $4,358,948 | $4,441,390 |
Regional Hospice Services Inc Ashland, WI | $7,498,506 | $4,044,793 |
Aspirus Health Foundation Inc Wausau, WI | $42,241,795 | $2,276,548 |
Beaver Island Rural Health Center Beaver Island, MI | $2,215,157 | $1,021,094 |
Shelby County Health Foundation Harlan, IA | $3,482,606 | $215,436 |