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Nonprofiteer
← HOSPICE OF HOPE INC

Form 990 for tax year 2022

Filed by HOSPICE OF HOPE INC.

Totals

Total revenue
$14,057,531
Total expenses
$14,405,509
Contributions and grants received
$130,190
Grants paid
$0
Program service revenue
$12,311,791
Investment income
$1,596,856
Other revenue
$18,694
Total assets, end of year
$41,519,942
Total liabilities, end of year
$3,935,805
Net assets or fund balances, end of year
$37,584,137
Program services expenses (Part IX)
$11,211,165
Management and general expenses
$3,190,849
Fundraising expenses
$3,495
Program service expenses (Part III)
$11,211,165

Program services were 77.8% 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.

  • 1e · Government grants (contributions)

    $45,371

  • 1f · All other contributions, gifts and grants

    $84,819

  • 1g · Noncash contributions included above

    $13,287

  • 2a · Program service revenue: PATIENT REVENUE

    total $11,336,588 · related or exempt $11,336,588

  • 2b · Program service revenue: KENTON POINTE

    total $957,788 · related or exempt $957,788

  • 2c · Program service revenue: RESIDENT SERVICES

    total $17,415 · related or exempt $17,415

  • 3 · Investment income

    total $636,307 · excluded $636,307

  • 7a · Gross sales of assets other than inventory

    securities $7,448,957 · other assets $3,854

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

    securities $6,455,278 · other assets $36,984

  • 7c · Gain or loss

    securities $993,679 · other assets -$33,130

  • 7d · Net gain or loss

    total $960,549 · excluded $960,549

  • 8a · Fundraising events: gross income

    $28,640

  • 8b · Fundraising events: direct expenses

    $12,766

  • 8c · Net income from fundraising events

    total $15,874 · excluded $15,874

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $2,820 · related or exempt $2,820

  • 11e · Other revenue, total

    $2,820

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $166,377 · management and general $166,377

  • 7 · Other salaries and wages

    total $6,399,626 · program services $5,295,317 · management and general $1,104,309

  • 8 · Pension plan contributions

    total $192,727 · program services $33,861 · management and general $158,866

  • 9 · Other employee benefits

    total $867,396 · program services $781,770 · management and general $85,626

  • 10 · Payroll taxes

    total $505,305 · program services $422,520 · management and general $82,785

  • 11b · Fees: legal

    total $4,818 · program services $34 · management and general $4,784

  • 11c · Fees: accounting

    total $53,283 · management and general $53,283

  • 11g · Fees: other

    total $14,481 · program services $384 · management and general $14,097

  • 12 · Advertising and promotion

    total $69,527 · program services $5,900 · management and general $63,627

  • 13 · Office expenses

    total $649,348 · program services $76,874 · management and general $572,474

  • 16 · Occupancy

    total $218,313 · program services $89,176 · management and general $129,137

  • 17 · Travel

    total $465,420 · program services $452,532 · management and general $12,888

  • 19 · Conferences, conventions and meetings

    total $2,705 · management and general $2,705

  • 20 · Interest

    total $98,376 · program services $450 · management and general $97,926

  • 22 · Depreciation, depletion and amortization

    total $343,692 · program services $83,909 · management and general $259,783

  • 23 · Insurance

    total $98,513 · program services $44,997 · management and general $53,516

  • 24a · Other expenses: OTHER PATIENT SERVICES

    total $2,888,191 · program services $2,887,512 · management and general $679

  • 24b · Other expenses: MEDICAL SUPPLIES

    total $534,086 · program services $451,136 · management and general $82,950

  • 24c · Other expenses: PHARMACY

    total $332,700 · program services $332,700

  • 24d · Other expenses: REPAIRS AND MAINTENANCE

    total $269,895 · program services $151,927 · management and general $117,968

  • 24e · All other expenses

    total $230,730 · program services $100,166 · management and general $127,069 · fundraising $3,495

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,341,391 · end of year $5,674,340

  • 2 · Savings and temporary cash investments

    beginning of year $59,983 · end of year $60,008

  • 4 · Accounts receivable

    beginning of year $1,230,820 · end of year $1,252,788

  • 8 · Inventories for sale or use

    beginning of year $67,162 · end of year $70,441

  • 9 · Prepaid expenses and deferred charges

    beginning of year $114,712 · end of year $114,407

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

    $13,435,089

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

    $5,287,003

  • 10c · Land, buildings and equipment, net

    beginning of year $8,419,597 · end of year $8,148,086

  • 11 · Investments: publicly traded securities

    beginning of year $29,347,337 · end of year $25,799,471

  • 15 · Other assets

    beginning of year $67,057 · end of year $400,401

  • 17 · Accounts payable and accrued expenses

    beginning of year $844,371 · end of year $958,673

  • 19 · Deferred revenue

    beginning of year $10,385 · end of year $9,200

  • 23 · Secured mortgages and notes payable

    beginning of year $2,684,204 · end of year $2,614,151

  • 25 · Other liabilities

    beginning of year $0 · end of year $353,781

  • 27 · Net assets without donor restrictions

    beginning of year $43,085,088 · end of year $37,560,869

  • 28 · Net assets with donor restrictions

    beginning of year $24,011 · end of year $23,268

Mission and programs · 2022

Mission

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.

  • HOSPICE OF HOPE IS AN ORGANIZATION DEVOTED TO CARING FOR THE PHYSICAL, PSYCHOSOCIAL, EMOTIONAL AND SPIRITUAL NEEDS OF TERMINALLY ILL INDIVIDUALS AND THEIR FAMILIES.

    Expenses $9,908,180 · Revenue $11,224,738

  • KENTON POINTE PROVIDES FOR AN ASSISTED LIVING FACILITY IN MAYSVILLE, KENTUCKY.

    Expenses $1,302,985 · Revenue $1,089,873

As filed on the 2022 return.

Listed in Part VII

  • JOHN H LAWLER

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • OWEN MCNEILL

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • LATRESSA GRAHAM

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • BARB CAMPBELL

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • ROGER CHEESBRO

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • STEPHANIE SCHUMACHER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MELISSA LAWRENCE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RONALD LYNCH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JAMES DAVIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • FRANK VICE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JOHN HUTCHINGS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • EUGENA O'CULL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • TINA TEEGARDEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ANTHONY TROVATO

    EXECUTIVE DIRECTOR

    Total calculated
    $188,203
    From this org
    $166,377
    From related orgs
    $0
    Other
    $21,826
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,818
    Bonus
    $15,559
    Other
    $0
    Deferred
    $7,787
    Nontaxable benefits
    $14,039
    Filer's total
    $188,203

  • DR CHARLES MCKINLEY

    MEDICAL DIRECTOR

    Total calculated
    $135,358
    From this org
    $128,965
    From related orgs
    $0
    Other
    $6,393
    Hours/week
    40

  • ELLEN MOORE

    PHARMACIST

    Total calculated
    $174,131
    From this org
    $145,817
    From related orgs
    $0
    Other
    $28,314
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,987
    Bonus
    $830
    Other
    $0
    Deferred
    $7,624
    Nontaxable benefits
    $20,690
    Filer's total
    $174,131

  • DEREK SHAWN FLAUGHER

    DIRECTOR OF BUSINESS OPS.

    Total calculated
    $133,833
    From this org
    $107,469
    From related orgs
    $0
    Other
    $26,364
    Hours/week
    40

  • TRAVIS STEVENS

    NURSE PRACTITIONER

    Total calculated
    $141,248
    From this org
    $122,655
    From related orgs
    $0
    Other
    $18,593
    Hours/week
    47

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

  • 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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

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

  • KENTON POINTE LLC

    ASSISTED LIVING FACILITY · KY · income $1,089,873 · assets $80,899

    Directly controlled by HOSPICE OF HOPE INC

Provenance

Return type
form_990
Tax year
2022
Filed
26 April 2023
IRS schema version
2022v5.0
Source object
202301309349301970

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