Hospice Of Hope Inc
- Assets
- $46.6m
- Revenue
- $17.2m
- Investments
- $0.0
- Employees
- 184
- Location
- Maysville, KY
- Founding
- 03/1993
- Data as of
- 12/2021
- EIN
- 61-1145339
Organization Overview
Hospice Of Hope Inc is located in Maysville, KY. The organization was established in 1993. 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 Hope Inc employed 184 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hospice Of Hope 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 Hope Inc generated $17.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $14.2m during the year ending 12/2021. While expenses have increased by 0.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HOSPICE OF HOPE IS AN ORGANIZATION DEVOTED TO CARING FOR THE PHYSICAL, PSYCHOSOCIAL, EMOTIONAL AND SPIRITUAL NEEDS OF TERMINALLY ILL INDIVIDUALS AND THEIR FAMILIES. THE ORGANIZATION ALSO PROVIDES FOR AN ASSISTED LIVING FACILITY IN MAYSVILLE, KENTUCKY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSPICE OF HOPE IS AN ORGANIZATION DEVOTED TO CARING FOR THE PHYSICAL, PSYCHOSOCIAL, EMOTIONAL AND SPIRITUAL NEEDS OF TERMINALLY ILL INDIVIDUALS AND THEIR FAMILIES.
KENTON POINTE PROVIDES FOR AN ASSISTED LIVING FACILITY IN MAYSVILLE, KENTUCKY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Craig Denham Medical Director | 40 | $204,563 | |
Anthony Trovato CEO | Officer | 40 | $158,303 |
Ellen Moore Pharmacist | 40 | $147,303 | |
Derek Shawn Flaugher Director Of Business Ops. | 40 | $107,161 | |
Travis Stevens Nurse Practitioner | 47 | $103,610 | |
John H Lawler Vice Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ohio Valley Manor Patient Nursing Home Room And Board | 12/30/21 | $283,993 |
Robertson Manor Llc Dba Robertson Count Patient Nursing Home Room And Board | 12/30/21 | $182,561 |
Congregate Living Of America Patient Nursing Home Room And Board | 12/30/21 | $188,487 |
Maysville Nursing And Rehabilitation Patient Nursing Home Room And Board | 12/30/21 | $446,347 |
Community Nursing Service Inc Patient Nursing Home Room And Board | 12/30/21 | $257,775 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,921 |
| Related organizations | $0 |
| Government grants | $2,321,139 |
| All other contributions, gifts, grants, and similar amounts not included above | $131,019 |
| Noncash contributions included in lines 1a–1f | $595 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,463,079 |
| Total Program Service Revenue | $12,742,032 |
| Investment income | $656,994 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,298,436 |
| Net Income from Fundraising Events | $17,781 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,180,027 |
| 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. | $170,581 |
| Compensation of current officers, directors, key employees. | $170,581 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,277,171 |
| Pension plan accruals and contributions | $190,616 |
| Other employee benefits | $922,093 |
| Payroll taxes | $495,976 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,345 |
| Fees for services: Accounting | $45,435 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,714 |
| Advertising and promotion | $50,787 |
| Office expenses | $612,407 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $181,901 |
| Travel | $401,216 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,904 |
| Interest | $103,901 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $355,342 |
| Insurance | $89,411 |
| All other expenses | $176,819 |
| Total functional expenses | $14,159,953 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,341,391 |
| Savings and temporary cash investments | $59,983 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,230,820 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $67,162 |
| Prepaid expenses and deferred charges | $114,712 |
| Net Land, buildings, and equipment | $8,419,597 |
| Investments—publicly traded securities | $29,347,337 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $67,057 |
| Total assets | $46,648,059 |
| Accounts payable and accrued expenses | $844,371 |
| Grants payable | $0 |
| Deferred revenue | $10,385 |
| 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 | $2,684,204 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,538,960 |
| Net assets without donor restrictions | $43,085,088 |
| Net assets with donor restrictions | $24,011 |
| 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 | $46,648,059 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hospice Of Hope Inc has recieved totaling $9,249.
| Awarding Organization | Amount |
|---|---|
Pulley Foundation Cincinnati, OH PURPOSE: PROGRAM SUPPORT | $5,000 |
Burnette Fam Charitable Foundation Inc Maysville, KY PURPOSE: UNRESTRICTED GRANT FOR USE IN DONEEE'S PROGRAMS | $4,187 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $62 |
Endowment Analysis
| Beg. Balance | $19,372,796 |
| Net Contributions | $5,676,395 |
| Ending Balance | $25,049,191 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hospice Of Chattanooga Inc Chattanooga, TN | $104,628,496 | $120,194,973 |
Hospice Of Northwest Ohio Perrysburg, OH | $48,749,413 | $42,435,060 |
Hospice Of The Emerald Coast Inc Louisville, KY | $50,374,918 | $44,119,293 |
Alive Hospice Inc Nashville, TN | $38,867,559 | $36,593,502 |
Kansas City Hospice Inc Kansas City, MO | $15,935,469 | $33,128,436 |
Meridian Hospice Downers Grove, IL | $42,738,076 | $35,043,303 |
Kanawha Hospice Care Inc Charleston, WV | $25,711,521 | $31,083,749 |
Hospice Of Central Ohio Newark, OH | $16,375,167 | $27,086,519 |
Joliet Area Community Hospice Corporation Joliet, IL | $49,346,001 | $29,848,676 |
Rainbow Hospice And Palliative Care St Louis, MO | $5,767,079 | $25,835,818 |
Hospice Of The Piedmont Inc Charlottesville, VA | $26,519,312 | $25,324,976 |
Blue Ridge Hospice Inc Winchester, VA | $12,389,536 | $22,906,674 |