Cornerstone Hospice & Palliative Care Inc

Organization Overview

Cornerstone Hospice & Palliative Care Inc is located in Tavares, FL. The organization was established in 1985. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 09/2021, Cornerstone Hospice & Palliative Care Inc employed 1,166 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Hospice & Palliative Care 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 09/2020, Cornerstone Hospice & Palliative Care Inc generated $88.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $84.8m during the year ending 09/2020. While expenses have increased by 3.2% per year over the past 6 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO MAKE QUALITY HOSPICE CARE AVAILABLE TO ALL PERSONS AFFECTED BY SERIOUS ILLNESS, AND TO BE RECOGNIZED AS THE LEADING RESOURCE IN CLINICAL, ETHICAL, AND SPIRITUAL ISSUES OF DYING AND GRIEF.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CORNERSTONE HOSPICE & PALLIATIVE CARE INC PROVIDED HOME-BASED SKILLED NURSING CARE, SOCIAL SERVICE, COUNSELING AND OTHER SERVICES TO THE TERMINALLY ILL PATIENTS INVOLVING APPROXIMATELY 441,117 PATIENT DAYS DURING THE YEAR. DURING FYE 9/30/2021, THE ORGANIZATION PROVIDED APPROXIMATELY $875,000 IN CHARITY CARE TO INDIVIDUALS WHO HAVE HEALTH CARE NEEDS AND ARE UNINSURED OR UNDER-INSURED, INELIGIBLE FOR A GOVERNMENT PROGRAM, AND OTHERWISE UNABLE TO PAY FOR MEDICALLY NECESSARY CARE BASED ON THEIR INDIVIDUAL FINANCIAL AND MEDICAL SITUATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Foundation Representative
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Brian F Liebersbach Md
Physician Services
$607,455
Ajit V Hansalia Md
Physician Services
$445,257
Hospice & Palliative Physicians Of Central Florida
Physician Services
$357,176
Juan Nova Md
Physician Services
$210,401
Hospice Strategies
Marketing Services
$191,520
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$5,382,933
Investment income $57,899
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$34,802
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $88,879,858

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Cornerstone Hospice & Palliative Care Inc has recieved totaling $10,050.

Awarding OrganizationAmount
The Community Foundation Of West Chester Liberty

West Chester, OH

PURPOSE: OPERATING SUPPORT

$10,000
Baird Foundation Inc

Milwaukee, WI

PURPOSE: HEALTH AND HUMAN SERVICES

$50
View Grant Recipient Profile

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