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Nonprofiteer
← HOPEWEST

Form 990 for tax year 2023

Filed by HOPEWEST.

Totals

Total revenue
$59,103,062
Total expenses
$55,554,239
Contributions and grants received
$3,626,383
Grants paid
$0
Program service revenue
$52,276,799
Investment income
$127,268
Other revenue
$3,072,612
Total assets, end of year
$44,781,187
Total liabilities, end of year
$17,919,681
Net assets or fund balances, end of year
$26,861,506
Program services expenses (Part IX)
$49,187,425
Management and general expenses
$5,653,970
Fundraising expenses
$712,844
Program service expenses (Part III)
$49,187,425

Program services were 88.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $9,935

  • 1c · Fundraising events

    $959,325

  • 1f · All other contributions, gifts and grants

    $2,657,123

  • 1g · Noncash contributions included above

    $238,010

  • 2a · Program service revenue: Hospice Palliative Car

    total $37,138,325 · related or exempt $37,138,325

  • 2b · Program service revenue: PACE

    total $15,138,474 · related or exempt $15,138,474

  • 3 · Investment income

    total $120,182 · excluded $120,182

  • 7a · Gross sales of assets other than inventory

    other assets $7,086

  • 7b · Less cost or other basis and sales expenses

    other assets $0

  • 7c · Gain or loss

    other assets $7,086

  • 7d · Net gain or loss

    total $7,086 · excluded $7,086

  • 8a · Fundraising events: gross income

    $448,700

  • 8a · Fundraising events: contributions included on line 1c

    $959,325

  • 8b · Fundraising events: direct expenses

    $403,839

  • 8c · Net income from fundraising events

    total $44,861 · excluded $44,861

  • 10a · Gross sales of inventory

    $3,574,945

  • 10b · Cost of goods sold

    $626,390

  • 10c · Net income from sales of inventory

    total $2,948,555 · related or exempt $2,846,833 · unrelated business $101,722

  • 11a · Other revenue: Other revenue

    total $79,196 · related or exempt $79,196

  • 11e · Other revenue, total

    $79,196

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,104,891 · management and general $1,104,891

  • 7 · Other salaries and wages

    total $25,534,997 · program services $23,330,529 · management and general $1,784,458 · fundraising $420,010

  • 8 · Pension plan contributions

    total $202,781 · program services $192,933 · management and general $6,672 · fundraising $3,176

  • 9 · Other employee benefits

    total $4,170,239 · program services $3,696,148 · management and general $426,986 · fundraising $47,105

  • 10 · Payroll taxes

    total $1,826,057 · program services $1,739,183 · management and general $58,248 · fundraising $28,626

  • 11a · Fees: management

    total $36,056 · management and general $36,056

  • 11b · Fees: legal

    total $72,575 · program services $62,288 · management and general $10,287

  • 11c · Fees: accounting

    total $329,293 · management and general $329,293

  • 11g · Fees: other

    total $8,997,571 · program services $8,849,964 · management and general $147,607

  • 12 · Advertising and promotion

    total $155,828 · program services $21,510 · management and general $78,124 · fundraising $56,194

  • 13 · Office expenses

    total $449,806 · program services $405,759 · management and general $42,143 · fundraising $1,904

  • 14 · Information technology

    total $90,493 · program services $16,158 · management and general $74,335

  • 16 · Occupancy

    total $689,234 · program services $574,295 · management and general $111,179 · fundraising $3,760

  • 17 · Travel

    total $50,927 · program services $21,775 · management and general $24,345 · fundraising $4,807

  • 20 · Interest

    total $490,350 · program services $446,556 · management and general $43,794

  • 22 · Depreciation, depletion and amortization

    total $1,437,202 · program services $1,015,614 · management and general $417,045 · fundraising $4,543

  • 23 · Insurance

    total $530,249 · program services $305,133 · management and general $225,116

  • 24a · Other expenses: Medical Supplies and Dr

    total $7,190,496 · program services $7,190,496

  • 24b · Other expenses: Dues and Subscriptions

    total $652,931 · program services $253,531 · management and general $351,284 · fundraising $48,116

  • 24c · Other expenses: Miscellaneous

    total $549,287 · program services $465,314 · management and general $34,837 · fundraising $49,136

  • 24d · Other expenses: Repairs, Maintenance, a

    total $470,034 · program services $320,862 · management and general $148,990 · fundraising $182

  • 24e · All other expenses

    total $522,942 · program services $279,377 · management and general $198,280 · fundraising $45,285

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,825,236 · end of year $10,596,067

  • 2 · Savings and temporary cash investments

    beginning of year $939,511 · end of year $942,696

  • 3 · Pledges and grants receivable

    beginning of year $403,993 · end of year $19,544

  • 4 · Accounts receivable

    beginning of year $3,608,309 · end of year $3,993,420

  • 8 · Inventories for sale or use

    beginning of year $39,071 · end of year $41,264

  • 9 · Prepaid expenses and deferred charges

    beginning of year $365,023 · end of year $321,926

  • 10a · Land, buildings and equipment: cost or other basis

    $42,439,430

  • 10b · Land, buildings and equipment: accumulated depreciation

    $15,260,710

  • 10c · Land, buildings and equipment, net

    beginning of year $28,083,630 · end of year $27,178,720

  • 15 · Other assets

    beginning of year $1,049,779 · end of year $1,687,550

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,246,621 · end of year $6,549,079

  • 19 · Deferred revenue

    beginning of year $358,202 · end of year $345,180

  • 23 · Secured mortgages and notes payable

    beginning of year $10,560,616 · end of year $10,001,812

  • 25 · Other liabilities

    beginning of year $836,430 · end of year $1,023,610

  • 27 · Net assets without donor restrictions

    beginning of year $16,437,689 · end of year $19,809,351

  • 28 · Net assets with donor restrictions

    beginning of year $6,874,994 · end of year $7,052,155

Mission and programs · 2023

Mission

Created through a community-wide vision, HopeWest is dedicated to profoundly changing the experiences of aging, illness, and grief one family at a time through through creativity, volunteerism, and philanthropy.

Activities or mission (Part I)

Profoundly changing how our community experiences serious illness,aging&grief,a family at a time

  • HopeWest Hospice offers compassionate support and high quality comprehensive care to individuals and families across 10,000 miles of western Colorado serving five counties. Our largest program and expenditure is hospice care. We serve more than 450 patients and families every day. Patients are cared for by an expert interdisciplinary team including hospice/palliative certified physicians and advance practice nurses. Hospice served more than 1950 patients. More than 590 received individualized short-term care at Ferris Care Center. Care is designed to meet the needs of patients and families during times when a more intensive level of care is needed. Community support through philanthropy and volunteerism ensures HopeWest is able to be there for our community.

    Expenses $28,356,242 · Revenue $36,564,824

  • HopeWest PACE provided high quality care to more than 170 participants in 2023. With PACE, a team of health care professionals works with each individual to make sure needed services are coordinated. PACE programs get to know their participants and design services to meet each person's unique needs. The Center for Living Your Best houses a clinic, adult day center with activities and meals, as well as physical and occupation therapy opportunities that enhance the continued health and well-being of our participants. Our dedicated staff ensure each participant is provided with the medical and support services so they can be safe living at home for as long as possible.

    Expenses $15,135,997 · Revenue $15,138,474

  • Community programs is our third largest program expenditure. Services are offered to grieving adults through support groups and one-on-one counseling. HopeWest Kids provides grief services to children ages 3-19 through school groups, equine therapy, grief camps and art therapy. More than 1,080 children and adults were served last year. We also offer two different Palliative Care Programs. Palliative Care is for people with serious health conditions not yet eligible for hospice or are still receiving curative treatment. More than 230 patients were served last year. These programs offer a variety of specialized care to meet our patient's needs to gain back quality of life for them and their loved ones.

    Expenses $2,385,005 · Revenue $573,501

  • Retail Outlets- HopeWest operates retail entities to provide an opportunity for the community to know us before they need us. Heirlooms for Hospice is an upscale resale store featuring treasures donated by the community. Families of those HopeWest has served find comfort knowing the treasures they donate help support HopeWest. We have three different locations in Grand Junction, Montrose, and Delta. We also operate Spoons bistro and bakery located on the Ferris Care Center Campus in Grand Junction. While it serves patients and families who are in the Care Center, it is also a full-service restaurant open to the public. Proceeds from both Spoons and Heirlooms support the programs of HopeWest. Volunteer Services - People with a passion for helping others make our mission possible. More than 1070 volunteers gave 77,158 hours of time in 2023, adding a value of 37 full time equivalents (FTEs). Gifts of time are as unique as those who contribute. Volunteers change our world in so many ways. Through holding the hands of patients in need, providing art and music therapy to patients, supporting kids coping with grief, beautifying our gardens, creating a one-of-a-kind shopping experience at Heirlooms for Hospice, making our fundraising events special, and so much more. Volunteers are truly the heart of HopeWest.

    Expenses $3,310,181 · Revenue $2,926,029

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • S Todd Young

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Monique Serra

    SECRETARY / BOARD MEMBER

    Total calculated
    $0
    Hours/week
    6

  • Monika Tuell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Michelle Shiao

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Marc Lassaux

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Mark Francis

    VICE-CHAIR/BOARD MEMBER

    Total calculated
    $0
    Hours/week
    6

  • Jim Pedersen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Dr Donald Nicolay

    CHAIR/BOARD MEMBER

    Total calculated
    $0
    Hours/week
    6

  • Dee Burke

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Chris Thomas

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Cassandra Mitchell

    PRESIDENT/CEO

    Total calculated
    $405,692
    From this org
    $371,540
    From related orgs
    $0
    Other
    $34,152
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $326,358
    Bonus
    $37,617
    Other
    $7,565
    Deferred
    $1,000
    Nontaxable benefits
    $33,152
    Filer's total
    $405,692

  • Carter Bair

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Carolyn Payne

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Barbara Butler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Ashley Thurow

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Allison Nadel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Sarah Walsh

    CFO/SENIOR VP

    Total calculated
    $207,870
    From this org
    $205,694
    From related orgs
    $0
    Other
    $2,176
    Hours/week
    65

    Schedule J breakdown matched by us

    Base
    $172,377
    Bonus
    $25,000
    Other
    $8,317
    Deferred
    $1,000
    Nontaxable benefits
    $1,176
    Filer's total
    $207,870

  • Peter Schoomaker

    Chief Financial Officer

    Total calculated
    $40,775
    From this org
    $36,178
    From related orgs
    $0
    Other
    $4,597
    Hours/week
    50

  • Terri Walter

    CHIEF ADMIN OFFICER/SENIOR

    Total calculated
    $207,643
    From this org
    $195,160
    From related orgs
    $0
    Other
    $12,483
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $170,160
    Bonus
    $25,000
    Other
    $0
    Deferred
    $1,000
    Nontaxable benefits
    $11,483
    Filer's total
    $207,643

  • Georgia Rock

    EXECUTIVE VP OF CLINICAL S

    Total calculated
    $242,612
    From this org
    $217,913
    From related orgs
    $0
    Other
    $24,699
    Hours/week
    70

    Schedule J breakdown matched by us

    Base
    $192,913
    Bonus
    $25,000
    Other
    $0
    Deferred
    $1,000
    Nontaxable benefits
    $23,699
    Filer's total
    $242,612

  • Mary Wigington

    Vice President of Human Resources

    Total calculated
    $155,093
    From this org
    $140,731
    From related orgs
    $0
    Other
    $14,362
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $130,481
    Bonus
    $500
    Other
    $9,750
    Deferred
    $1,000
    Nontaxable benefits
    $13,362
    Filer's total
    $155,093

  • Jill Orrock

    Pace Executive Director

    Total calculated
    $151,415
    From this org
    $138,603
    From related orgs
    $0
    Other
    $12,812
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $120,794
    Bonus
    $500
    Other
    $17,309
    Deferred
    $1,000
    Nontaxable benefits
    $11,812
    Filer's total
    $151,415

  • Debra Horwitz

    SENIOR VP, CHIEF DEVELOPME

    Total calculated
    $204,509
    From this org
    $175,402
    From related orgs
    $0
    Other
    $29,107
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $144,633
    Bonus
    $25,000
    Other
    $5,769
    Deferred
    $1,000
    Nontaxable benefits
    $28,107
    Filer's total
    $204,509

  • Darrin Green

    Hospice Physician

    Total calculated
    $237,583
    From this org
    $209,679
    From related orgs
    $0
    Other
    $27,904
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $209,179
    Bonus
    $500
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $27,904
    Filer's total
    $237,583

  • Crystal Owens

    Chief Medical Director

    Total calculated
    $280,870
    From this org
    $279,870
    From related orgs
    $0
    Other
    $1,000
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $244,620
    Bonus
    $25,000
    Other
    $10,250
    Deferred
    $1,000
    Nontaxable benefits
    $0
    Filer's total
    $280,870

  • Casey Peiffer

    Nurse Practioner

    Total calculated
    $144,767
    From this org
    $140,599
    From related orgs
    $0
    Other
    $4,168
    Hours/week
    45

  • Christy Whitney Borchard

    FORMER PRESIDENT/CEO

    Total calculated
    $139,071
    From this org
    $139,071
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $139,071
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $139,071

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
27 September 2024
IRS schema version
2023v5.1
Source object
202422749349301157

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