Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $7,061

• 1e · Government grants (contributions)

  $1,828,875

• 1f · All other contributions, gifts and grants

  $4,135,369

• 1g · Noncash contributions included above

  $175,594

• 2a · Program service revenue: NET PATIENT SERVICE REVENUE

  total $84,039,648 · related or exempt $84,039,648

• 3 · Investment income

  total $196,218 · excluded $196,218

• 6a · Gross rents

  real property $72,051

• 6b · Less rental expenses

  real property $80,940

• 6c · Rental income or loss

  real property -$8,889

• 6d · Net rental income or loss

  total -$8,889 · excluded -$8,889

• 7a · Gross sales of assets other than inventory

  securities $6,452,673

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

  securities $5,801,137

• 7c · Gain or loss

  securities $651,536

• 7d · Net gain or loss

  total $651,536 · excluded $651,536

• 8a · Fundraising events: gross income

  $11,090

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

  $7,061

• 8b · Fundraising events: direct expenses

  $16,270

• 8c · Net income from fundraising events

  total -$5,180 · excluded -$5,180

• 11a · Other revenue: THRIFT STORE REVENUE

  total $232,956 · excluded $232,956

• 11b · Other revenue: CONTRACT STAFF REVENUE

  total $71,154 · excluded $71,154

• 11d · All other revenue

  total $3,390 · excluded $3,390

• 11e · Other revenue, total

  $307,500

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,866,770 · program services $380,725 · management and general $1,384,585 · fundraising $101,460

• 6 · Compensation of disqualified persons

  total $135,000 · management and general $135,000

• 7 · Other salaries and wages

  total $41,643,122 · program services $35,644,451 · management and general $5,502,919 · fundraising $495,752

• 8 · Pension plan contributions

  total $1,935 · management and general $1,769 · fundraising $166

• 9 · Other employee benefits

  total $4,747,497 · program services $3,971,700 · management and general $714,860 · fundraising $60,937

• 10 · Payroll taxes

  total $3,198,350 · program services $2,650,763 · management and general $503,958 · fundraising $43,629

• 11b · Fees: legal

  total $485,058 · management and general $485,058

• 11c · Fees: accounting

  total $297,246 · management and general $297,246

• 11f · Fees: investment management

  total $31,008 · management and general $31,008

• 11g · Fees: other

  total $16,965,861 · program services $14,524,490 · management and general $2,329,190 · fundraising $112,181

• 12 · Advertising and promotion

  total $514,156 · program services $426,442 · management and general $85,750 · fundraising $1,964

• 13 · Office expenses

  total $2,341,698 · program services $734,282 · management and general $1,520,196 · fundraising $87,220

• 14 · Information technology

  total $1,674,059 · program services $493,843 · management and general $1,172,882 · fundraising $7,334

• 16 · Occupancy

  total $3,501,362 · program services $1,798,551 · management and general $1,473,271 · fundraising $229,540

• 17 · Travel

  total $1,210,195 · program services $878,873 · management and general $331,322

• 19 · Conferences, conventions and meetings

  total $58,855 · program services $58,855

• 20 · Interest

  total $318,666 · management and general $298,861 · fundraising $19,805

• 22 · Depreciation, depletion and amortization

  total $1,211,281 · program services $1,165,292 · management and general $31,880 · fundraising $14,109

• 23 · Insurance

  total $557,616 · program services $511,593 · management and general $37,457 · fundraising $8,566

• 24a · Other expenses: MEDICAL SUPPLIES

  total $7,281,218 · program services $7,280,175 · management and general $1,043

• 24b · Other expenses: UNCOLLECTIBLE INTEREST

  total $183,801 · management and general $183,801 · fundraising $0

• 24c · Other expenses: AIP

  total $149,999 · management and general $149,999

• 24d · Other expenses: MISCELLANEOUS FINANCIAL

  total $135,795 · management and general $135,795

• 24e · All other expenses

  total $175,784 · program services $56,681 · management and general $55,285 · fundraising $63,818

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,880 · end of year $6,566

• 2 · Savings and temporary cash investments

  beginning of year $1,374,684 · end of year $4,416,212

• 3 · Pledges and grants receivable

  beginning of year $420,881 · end of year $843,865

• 4 · Accounts receivable

  beginning of year $12,500,099 · end of year $12,348,618

• 9 · Prepaid expenses and deferred charges

  beginning of year $509,002 · end of year $1,330,358

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

  $39,251,502

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

  $19,814,023

• 10c · Land, buildings and equipment, net

  beginning of year $20,484,298 · end of year $19,437,479

• 11 · Investments: publicly traded securities

  beginning of year $7,134,207 · end of year $3,176,898

• 12 · Investments: other securities

  beginning of year $16,373 · end of year $20,212

• 15 · Other assets

  beginning of year $4,261,612 · end of year $27,766,510

• 17 · Accounts payable and accrued expenses

  beginning of year $18,280,071 · end of year $15,768,137

• 23 · Secured mortgages and notes payable

  beginning of year $8,731,745 · end of year $5,000,000

• 24 · Unsecured notes and loans payable

  end of year $429,554

• 25 · Other liabilities

  beginning of year $216,930 · end of year $27,500,752

• 27 · Net assets without donor restrictions

  beginning of year $10,584,662 · end of year $13,701,842

• 28 · Net assets with donor restrictions

  beginning of year $8,890,628 · end of year $6,946,433

The filer's explanations (Part III)

PART I, LINE 4B

DURING THE 2022 CALENDAR YEAR, CAPITAL HOSPICE MAINTAINED A SUPPLEMENTAL NON-QUALIFIED 457(F) DEFERRED COMPENSATION PLAN. THE FOLLOWING REPORTABLE INDIVIDUALS WERE ELIGIBLE TO PARTICIPATE IN THAT PLAN: -JAMES CAMERON MUIR MD DURING 2022, THE THERE WERE NO CONTRIBUTIONS MADE BY CAPITAL HOSPICE TO THE PLAN. DURING 2022, THE FOLLOWING DISTRIBUTIONS WERE MADE BY CAPITAL HOSPICE FROM THE PLAN: -JAMES CAMERON MUIR MD - $24,468 DURING THE 2022 CALENDAR YEAR, THE COMPANY MAINTAINED A NON QUALIFIED 457(B) DEFERRED COMPENSATION PLAN FOR THE FOLLOWING EMPLOYEE: JOHN T. KOUTSOUMPAS DURING 2022, THE COMPANY MADE CONTRIBUTIONS TO THE PLAN TOTALING $10,400. IN 2022, THERE WERE NO DISBURSEMENTS FROM THE PLAN.

PART I, LINE 7

IF THE ORGANIZATION REACHES ITS BUDGETED AMOUNT OF NET INCOME FROM OPERATIONS FOR THE YEAR THEN EMPLOYEES ARE ELIGIBLE FOR A BONUS, WHICH IS BASED UPON CERTAIN KEY METRICS THAT ARE UNRELATED TO NET INCOME.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• CAPITAL PALLIATIVE CARE CONSULTANTS

  PALLIATIVE CARE · VA · income $838,106 · assets $5,640,694

  Directly controlled by CAPITAL HOSPICE

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• ADVANCED ILLNESS PARTNERS LLC

  RELATED · MEDICARE DIRECT CONTRACTED MEDICAL SERVICES · DE · general or managing partner

  Directly controlled by CAPITAL HOSPICE

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHARITABLE REMAINDER TRUST

  T · INVESTMENTS · KY

  Directly controlled by CAPITAL HOSPICE