Hospice Of The Valley
- Assets
- $157.9m
- Revenue
- $173.1m
- Investments
- $0.0
- Employees
- 1,674
- Location
- Phoenix, AZ
- Founding
- 02/1978
- Data as of
- 09/2020
- EIN
- 86-0338886
Organization Overview
Hospice Of The Valley is located in Phoenix, AZ. 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 09/2021, Hospice Of The Valley employed 1,674 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hospice Of The Valley 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, Hospice Of The Valley generated $173.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $144.6m during the year ending 09/2020. While expenses have increased by 2.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
BRINGING COMFORT, DIGNITY, AND COMPASSIONATE CARE TO OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
SEE SCHEDULE O
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Shumway Executive Director | Officer | 55 | $632,470 |
Rachel Behrendt Senior VP Clinical | Officer | 55 | $383,373 |
Ned Stolzberg MD Executive Medical Director | Officer | 50 | $316,560 |
Gillian Hamilton MD Administrative Medical Dir | Officer | 40 | $309,350 |
Lin Sue Cooney Director Community Engagement | 40 | $272,886 | |
Alicia Acevedo-Urcuyo Medical Director | 40 | $262,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sukjit Singh Md Physician Services | 9/29/21 | $167,125 |
Lizard Rock Design Llc Architectural Svcs | 9/29/21 | $121,230 |
Construction Security Services Prop. Security Svcs | 9/29/21 | $107,626 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,079,026 |
| Investment income | $388,740 |
| 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 | $173,060,688 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $24,309 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,888,067 |
| Compensation to disqualified persons | $185,928 |
| Other salaries and wages | $89,226,920 |
| Pension plan accruals and contributions | $1,743,002 |
| Other employee benefits | $10,351,025 |
| Payroll taxes | $6,668,955 |
| Fees for services: Management | $26,697 |
| Fees for services: Legal | $46,485 |
| Fees for services: Accounting | $98,990 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,756,624 |
| Advertising and promotion | $874,688 |
| Office expenses | $3,322,061 |
| Information technology | $1,891,148 |
| Royalties | $0 |
| Occupancy | $3,533,195 |
| Travel | $2,417,226 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $59,769 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,828,091 |
| Insurance | $309,944 |
| All other expenses | $0 |
| Total functional expenses | $144,593,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,319 |
| Savings and temporary cash investments | $40,393,474 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,131,027 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $50,000 |
| Inventories for sale or use | $82,297 |
| Prepaid expenses and deferred charges | $990,872 |
| Investments—publicly traded securities | $29,799,526 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,959,644 |
| Other assets | $1,740,889 |
| Total assets | $157,912,301 |
| Accounts payable and accrued expenses | $15,555,932 |
| Grants payable | $0 |
| Deferred revenue | $6,448,479 |
| 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 | $0 |
| Total liabilities | $22,004,411 |
| 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 |
| Total liabilities and net assets/fund balances | $135,907,890 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hospice Of The Valley has recieved totaling $1,600.
| Awarding Organization | Amount |
|---|---|
Jess And Sheila Schwartz Family Foundation Phoenix, AZ PURPOSE: TO PROVIDE SUPPORT TO PATIENTS AND FAMILIES FOR END-OF-LIFE CARE | $1,000 |
Edward And Barbara E Chulew Private Foundation Scottsdale, AZ PURPOSE: CHARITABLE DONATION | $500 |
Robert & Joan Hill Family Foundation Fountain Hills, AZ PURPOSE: OPERATING EXPENSES FOR A 501(C) ORGANIZATION | $100 |
Endowment Analysis
| Beg. Balance | $275,402 |
| Earnings | $28 |
| Admin Expense | $28 |
| Ending Balance | $275,402 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sutter Visiting Nurse Association And Hospice Sacramento, CA | $147,948,407 | $455,018,653 |
Hospice Of The Valley Phoenix, AZ | $157,912,301 | $173,060,688 |
By The Bay Health Larkspur, CA | $93,189,192 | $71,785,749 |
Tru Community Care Lafayette, CO | $39,055,482 | $49,921,394 |
Nathan Adelson Hospice Inc Las Vegas, NV | $34,809,060 | $45,720,684 |
The Elizabeth Hospice Inc Escondido, CA | $44,445,077 | $41,153,745 |
Hospice Of Metro Denver Incorporated Denver, CO | $64,633,708 | $38,927,316 |
East Bay Integrated Care Inc Pleasant Hill, CA | $43,545,697 | $39,931,903 |
Pathways Home Health And Hospice Sunnyvale, CA | $72,582,123 | $33,673,234 |
Community Hospice Inc Modesto, CA | $19,417,533 | $27,425,912 |
Hinds Hospice Fresno, CA | $25,721,054 | $27,586,505 |
Vali Division Of Wasatch-Lakecrest Woods Cross, UT | $25,462,783 | $23,742,932 |