Montgomery Hospice Inc

Organization Overview

Montgomery Hospice Inc is located in Rockville, MD. The organization was established in 1980. 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, Montgomery Hospice Inc employed 345 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montgomery Hospice 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, Montgomery Hospice Inc generated $34.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $28.3m during the year ending 12/2021. While expenses have increased by 3.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO GENTLE THE JOURNEY THROUGH SERIOUS ILLNESS AND LOSS WITH SKILL AND COMPASSION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOSPICE CARE: THE ORGANIZATION PROVIDES SPECIALIZED MEDICAL AND PSYCHOSOCIAL END-OF-LIFE CARE TO MONTGOMERY AND PRINCE GEORGE'S COUNTY, MARYLAND RESIDENTS OF ALL AGES WHO ARE LIVING WITH A LIFE LIMITING ILLNESS. PATIENTS (AND THEIR FAMILIES) ARE CARED FOR IN HOMES, EXTENDED CARE FACILITIES AND AT CASEY HOUSE, ITS INPATIENT HOSPICE FACILITY. TEAMS OF DOCTORS, NURSE PRACTITIONERS, NURSES, SPIRITUAL COUNSELORS, SOCIAL WORKERS, CERTIFIED NURSING ASSISTANTS, COMPLEMENTARY THERAPISTS, BEREAVEMENT COUNSELORS AND VOLUNTEERS WORK TOGETHER TO PROVIDE COMFORT CARE CUSTOMIZED FOR EACH PATIENT. MONTGOMERY HOSPICE INC. PROVIDES CONSULTATIVE PALLIATIVE CARE (PALLIATIVE MEDICINE CONSULTUNTS) PROVIDED BY DOCTORS, NURSE PRACTITIONORS, SOCIAL WORKERS AND SPRITUAL COUNSELORS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Hospice Pharmacy Solutions
Pharmacy
$764,139
Joerns Healthcare
Medical Equipments
$642,443
Medline Industries
Medical Supplies
$517,876
Wellsky Inc
Billing Software
$193,604
Integrated Cellular & Molecular Diagnost
Anatomic And Clinical Pathology Laborato
$154,400
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,290,700
All other contributions, gifts, grants, and similar amounts not included above$7,430,022
Noncash contributions included in lines 1a–1f $1,019,117
Total Revenue from Contributions, Gifts, Grants & Similar$12,720,722
Total Program Service Revenue$20,415,350
Investment income $693,684
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $936,185
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $34,846,951

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Montgomery Hospice Inc has recieved totaling $5,900.

Awarding OrganizationAmount
Miller & Chevalier Charitable Foundation

Washington, DC

PURPOSE: HEALTH & WELFARE

$3,400
R Edwin And Winsome S Brown Foundation

Barnesville, MD

PURPOSE: GENERAL

$2,000
Robert J & Frances V Lawrence Foundation Inc

Frederick, MD

PURPOSE: CONTRIBUTION

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$18,113,610
Earnings$2,201,406
Net Contributions$5,398,000
Other Expense$629,242
Ending Balance$25,083,774

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