Potomac Home Support Inc
- Assets
- $1.9m
- Revenue
- $7.2m
- Investments
- $0.0
- Employees
- 324
- Location
- Baltimore, MD
- Founding
- 06/1992
- Data as of
- 06/2021
- EIN
- 52-1750383
Organization Overview
Potomac Home Support Inc is located in Baltimore, MD. The organization was established in 1992. According to its NTEE Classification (E90) the organization is classified as: Nursing, under the broad grouping of Health Care and related organizations. As of 06/2021, Potomac Home Support Inc employed 324 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Potomac Home Support 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 06/2021, Potomac Home Support Inc generated $7.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $7.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOME HEALTH CARE THROUGH PRIVATE DUTY SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POTOMAC HOME SUPPORT: IT IS A PRIVATE DUTY HOME HEALTH CARE AGENCY WHICH PROVIDED 261,636 HOURS OF HOME CARE SERVICES TO INDIVIDUALS AND THEIR FAMILIES. A TOTAL OF 1,433 PATIENTS WERE ASSISTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Myers Ms Mn Trustee, Chairman, CEO | OfficerTrustee | 20 | $0 |
Lauren Simpson CEO | Officer | 20 | $0 |
James Van Daniker Vp, Finance & Treasurer, CFO | Officer | 5 | $0 |
Vadim Schick Secretary | Officer | 1 | $0 |
Leighann Sideone RN Trustee | Trustee | 1 | $0 |
Thomas Stewart Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $800,000 |
| 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 | $800,000 |
| Total Program Service Revenue | $6,425,411 |
| Investment income | $3 |
| 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 | $7,225,414 |
| 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 | $5,890,240 |
| Pension plan accruals and contributions | $9,412 |
| Other employee benefits | $107,917 |
| Payroll taxes | $650,833 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $814 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $277,240 |
| Advertising and promotion | $8,000 |
| Office expenses | $85,164 |
| Information technology | $20,335 |
| Royalties | $0 |
| Occupancy | $219,390 |
| Travel | $7,755 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,823 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,631 |
| All other expenses | -$137,651 |
| Total functional expenses | $7,325,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $678,776 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,044,991 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $126,946 |
| Total assets | $1,850,713 |
| Accounts payable and accrued expenses | $606,436 |
| 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 | $18,757 |
| Total liabilities | $625,193 |
| Net assets without donor restrictions | $0 |
| 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 | $1,225,520 |
| Total liabilities and net assets/fund balances | $1,850,713 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Potomac Home Support Inc has recieved totaling $400,000.
| Awarding Organization | Amount |
|---|---|
Lucy Webb Haynes National Training School For Deaconesses And Mission Washington, DC PURPOSE: TO SUPPORT HEALTH CARE PUBLIC CHARITY | $400,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Board Of Directors Of The Rouse Estate Youngsville, PA | $19,678,572 | $19,377,507 |
Mercy Center Nursing Unit Dallas, PA | $12,579,600 | $9,603,457 |
Kendal Corporation Kennett Square, PA | $25,472,058 | $12,423,091 |
South Central Alpha Housing And Healthcare Inc Pittsburgh, PA | $3,757,282 | $7,449,302 |
Potomac Home Support Inc Baltimore, MD | $1,850,713 | $7,225,414 |
Bay Shore Services Inc Salisbury, MD | $5,172,176 | $5,399,916 |
Community Nursing Services Of North East North East, PA | $2,807,637 | $3,426,878 |
Lost And Found Pharmacy Inc Pittsburgh, PA | $112,872 | $1,567,123 |
District Of Columbia Nurses Assoc Washington, DC | $657,514 | $1,146,413 |
Midwives For Haiti Inc Richmond, VA | $378,525 | $850,979 |
American College Of Health Care Administrators Washington, DC | $831,107 | $530,422 |
Intervention Associates Blue Bell, PA | $100,861 | $146,543 |