Comfort Bridge
- Assets
- $5.2m
- Revenue
- $12.5m
- Investments
- $0.0
- Employees
- 69
- Location
- Denver, CO
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 47-1820366
Organization Overview
Comfort Bridge, operating under the name Care Synergy, is located in Denver, CO. The organization was established in 2015. According to its NTEE Classification (E02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Health Care and related organizations. As of 12/2021, Care Synergy employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Care Synergy 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, Care Synergy generated $12.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.1% each year . All expenses for the organization totaled $12.5m during the year ending 12/2021. While expenses have increased by 27.1% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES MISSION SUPPORT SERVICES FOR NONPROFIT HOME HEALTH CARE AND COMMUNITY-BASED HOSPICE AND PALLIATIVE CARE AFFILIATE ORGANIZATIONS SERVING COLORADO'S FRONT RANGE.
Describe the Organization's Program Activity:
COMFORT BRIDGE D/B/A CARE SYNERGY, WAS FORMED IN 2014 AND IS THE REGION'S LARGEST END-OF-LIFE CARE NETWORK. CARE SYNERGY PROVIDES MISSION SUPPORT SERVICES FOR NONPROFIT HOME HEALTH CARE AND COMMUNITY-BASED HOSPICE AND PALLIATIVE CARE AFFILIATE ORGANIZATIONS SERVING COLORADO'S FRONT RANGE. AS THE REGION'S LEADING END-OF-LIFE CARE NETWORK, WE SERVE FAMILIES AND COMMUNITIES FROM THE ROCKY MOUNTAIN FOOTHILLS TO BENNETT, FROM COLORADO SPRINGS TO WYOMING. CARING FOR COLORADANS IS IMPORTANT. WE AID FAMILIES IN DEALING WITH END-OF-LIFE DECISIONS BY PROVIDING THE BEST CARE, WHETHER IN-HOME OR AT ONE OF OUR INPATIENT CARE CENTERS, PROMISING SUPPORT, EXCELLENCE, AND COMPASSION THROUGH PERSONALIZED PALLIATIVE, HOSPICE, AND BEREAVEMENT SERVICES. IN 2015, THE COMPANY BEGAN PROVIDING "BACK OFFICE" SUPPORT IN THE AREAS OF EXECUTIVE MANAGEMENT, FINANCE AND ACCOUNTING, INFORMATION TECHNOLOGY, HUMAN RESOURCES, AND QUALITY MANAGEMENT. CARE SYNERGY WILL CHARGE THE AFFILIATE MEMBERS OF THE GROUP FOR THE SERVICES PERFORMED AT COST IN ORDER TO COVER ITS EXPENSES. CARE SYNERGY FURTHERS THE EXEMPT PURPOSES OF PROVIDING HOSPICE AND PALLIATIVE CARE SERVICES DEEMED EXEMPT UNDER REV. RUL. 79-17 BY COMBINING BACK OFFICE SERVICES UNDER A SINGLE ORGANIZATION IN ORDER TO ACHIEVE EFFICIENCIES AND ECONOMIES OF SCALE. CARE SYNERGY CURRENTLY SERVES FOUR OPERATIONAL TAX-EXEMPT AFFILIATES, WHICH INCLUDES THE HOSPICE OF METRO DENVER, PATHWAYS HOSPICE, COLORADO VISITING NURSE ASSOCIATION, AND PIKES PEAK HOSPICE AND PALLIATIVE CARE, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim J Bowen President/chief Executive Officer | OfficerTrustee | 56 | $1,292,395 |
John Blaschke Chief Information Officer | Officer | 40 | $418,204 |
Patricia Ford VP Of Operations | Officer | 40 | $293,460 |
Paul E Tosetti Chief Financial Officer | Officer | 42 | $285,717 |
Jane Bedrosian VP Of Human Resources (thru 7/21) | Officer | 40 | $275,747 |
Patricia Mehnert Dir. Of Corp. Comp. & Risk Mgt | 40 | $224,245 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sterling Infosystems Inc Employee Recruiting | 12/30/21 | $120,041 |
Ultimate Software Group Payroll & Hr Software Support | 12/30/21 | $149,120 |
Se2 Marketing | 12/30/21 | $330,820 |
Netsmart Emr Hosting | 12/30/21 | $586,874 |
Indeed Advertising | 12/30/21 | $176,120 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $12,442,747 |
| Investment income | $1,023 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,669 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,453,439 |
| 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. | $3,259,522 |
| Compensation of current officers, directors, key employees. | $3,259,522 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,513,542 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $434,979 |
| Payroll taxes | $455,722 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,283 |
| Fees for services: Accounting | $38,200 |
| Fees for services: Lobbying | $270 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $993,396 |
| Advertising and promotion | $346,624 |
| Office expenses | $430,004 |
| Information technology | $477,682 |
| Royalties | $0 |
| Occupancy | $433,649 |
| Travel | $40,546 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,307 |
| Interest | $11,952 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $183,604 |
| Insurance | $554,673 |
| All other expenses | $6,895 |
| Total functional expenses | $12,453,439 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,201,270 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,299 |
| 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 | $382,650 |
| Net Land, buildings, and equipment | $244,443 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,329,859 |
| Total assets | $5,212,521 |
| Accounts payable and accrued expenses | $2,036,738 |
| 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 | $1,297,783 |
| Total liabilities | $3,334,521 |
| Net assets without donor restrictions | $1,878,000 |
| 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 | $5,212,521 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Medical Center Inc Falls City, NE | $48,885,584 | $31,365,709 |
Kvc Health Systems Inc Olathe, KS | $8,418,684 | $13,175,327 |
Comfort Bridge Denver, CO | $5,212,521 | $12,453,439 |
Christian Care Management Inc Phoenix, AZ | $22,822,184 | $8,638,165 |
Quality Health Network Grand Junction, CO | $10,220,292 | $7,289,603 |
New Mexico Primary Medical Care Albuquerque, NM | $7,543,133 | $6,036,016 |
Myhealth Access Network Inc Tulsa, OK | $2,014,032 | $4,400,201 |
American Academy Of Family Physicians Foundation Leawood, KS | $25,207,430 | $5,392,097 |
Kansas Foundation For Medical Care Inc Topeka, KS | $3,484,437 | $4,847,331 |
Ollie Webb Center Inc Omaha, NE | $600,690 | $1,481,535 |
Heartland Community Health Network Inc Omaha, NE | $970,215 | $1,080,238 |
Sooneverse Inc Oklahoma City, OK | $321,522 | $971,754 |