Hospice Of Palm Beach County Inc
- Assets
- $54.3m
- Revenue
- $88.7m
- Investments
- $0.0
- Employees
- 894
- Location
- West Palm Beach, FL
- Founding
- 07/1978
- Data as of
- 12/2021
- EIN
- 59-1825937
Organization Overview
Hospice Of Palm Beach County Inc is located in West Palm Beach, FL. The organization was established in 1978. 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, Hospice Of Palm Beach County Inc employed 894 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hospice Of Palm Beach County 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, Hospice Of Palm Beach County Inc generated $88.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $87.7m during the year ending 12/2021. 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
THE ORGANIZATION'S MISSION IS TO PROVIDE FAMILIES WITH ACCESS TO COMPASSIONATE, EXPERT AND PROFESSIONAL HEALTHCARE SERVICES IN THEIR TIME OF NEED, THROUGHOUT THEIR LIFESPAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSPICE OF PALM BEACH COUNTY, INC. (HPBC) OFFERS MANY PROGRAMS AND SERVICES DESIGNED TO MEET END OF LIFE CARE NEEDS OF OUR COMMUNITY. INDIVIDUALS' NEEDS INVOLVE PHYSICAL, SOCIAL, EMOTIONAL, AND SPIRITUAL CARE, AS WELL AS INTERPERSONAL RELATIONSHIPS WITH FAMILY AND CLOSE FRIENDS. HOSPICES CARE FOR THE PATIENT AND FAMILY AS A UNIT, AND THUS EMPLOY THE SKILLS AND EXPERTISE OF MANY DISCIPLINES. DURING THE TWELVE MONTH PERIOD ENDED DECEMBER 31, 2021, HPBC ADMITTED AND SERVED 8,373 PATIENTS. HPBC PROVIDES CARE TO PATIENTS WHO MEET CERTAIN CRITERIA UNDER ITS CHARITY CARE POLICY WITHOUT CHARGE AT AMOUNTS LESS THAN ITS ESTABLISHED RATES. BECAUSE HPBC DOES NOT EXPECT PAYMENT, CHARGES ARE NOT INCLUDED IN THE NET PATIENT SERVICE REVENUES. THE COST OF CHARITY CARE PROVIDED DURING 2021 AMOUNTED TO $989,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,905,602 |
| Government grants | $1,541,452 |
| 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 | $4,447,054 |
| Total Program Service Revenue | $84,174,557 |
| Investment income | $0 |
| 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 | $88,701,268 |
| 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. | $234,969 |
| Compensation of current officers, directors, key employees. | $96,100 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,033,756 |
| Pension plan accruals and contributions | $1,387,534 |
| Other employee benefits | $8,155,214 |
| Payroll taxes | $3,897,034 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $397,523 |
| Fees for services: Accounting | $127,211 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,472,843 |
| Advertising and promotion | $306,841 |
| Office expenses | $734,094 |
| Information technology | $2,017,055 |
| Royalties | $0 |
| Occupancy | $7,746,883 |
| Travel | $339,041 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,378 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,530,190 |
| Insurance | $116,116 |
| All other expenses | $3,611,047 |
| Total functional expenses | $87,730,636 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,683,108 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $429,469 |
| Prepaid expenses and deferred charges | $759,454 |
| Net Land, buildings, and equipment | $17,052,282 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $29,374,123 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $54,298,636 |
| Accounts payable and accrued expenses | $5,425,874 |
| Grants payable | $0 |
| Deferred revenue | $570,332 |
| 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 | $9,402,480 |
| Total liabilities | $15,398,686 |
| Net assets without donor restrictions | $7,927,503 |
| Net assets with donor restrictions | $30,972,447 |
| 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 | $54,298,636 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Hospice Of Palm Beach County Inc has recieved totaling $3,059,656.
| Awarding Organization | Amount |
|---|---|
Trustbridge Foundation Inc West Palm Beach, FL PURPOSE: Program Support | $2,905,602 |
Z Garland And Content B Ferguson Charitable Foundation 02-72201 Chicago, IL PURPOSE: GENERAL | $44,000 |
Lucille Yeany Charitable Trust Detroit, MI PURPOSE: SUPPORT OF DAILY OPERATIONS | $36,000 |
Margaret M Fauver Charitable Foundation Chicago, IL PURPOSE: GENERAL | $23,702 |
Palm Beach Country Club Foundation Inc Palm Beach, FL PURPOSE: GENERAL PURPOSE GRANT | $10,000 |
United Way Miami Inc Miami, FL PURPOSE: GENERAL FUNDS | $7,500 |
Endowment Analysis
| Beg. Balance | $3,196,762 |
| Earnings | $311,610 |
| Other Expense | $288,592 |
| Ending Balance | $3,219,780 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hope Hospice And Community Services Inc Fort Myers, FL | $103,921,330 | $144,641,176 |
Hospice Of The Florida Suncoast Inc Clearwater, FL | $60,700,898 | $121,632,647 |
Community Hospice Of Northeast Florida Inc Jacksonville, FL | $107,746,508 | $118,853,375 |
Tidewell Hospice Inc Sarasota, FL | $30,737,381 | $110,856,744 |
Hospice Of Palm Beach County Inc West Palm Beach, FL | $54,298,636 | $88,701,268 |
Covenant Hospice Inc Pensacola, FL | $77,009,702 | $64,777,172 |
Catholic Hospice Inc Miami Lakes, FL | $34,194,758 | $52,128,143 |
Hospice By The Sea Inc West Palm Beach, FL | $24,238,802 | $53,733,577 |
Hernando-Pasco Hospice Inc Temple Terrace, FL | $10,228,935 | $47,079,732 |
North Central Florida Hospice Inc Gainesville, FL | $59,524,924 | $43,858,318 |
Hospice Of Marion County Inc Ocala, FL | $45,083,771 | $42,336,001 |
Hospice Of The Comforter Inc Altamonte Springs, FL | $23,267,854 | $39,513,160 |