Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $678,805

• 2a · Program service revenue: HOSPICE SERVICE REVENUE

  total $12,211,822 · related or exempt $12,211,822

• 2b · Program service revenue: NET CLIENT SERVICE REVENUE

  total $2,224,189 · related or exempt $2,224,189

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $51 · excluded $51

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7c · Gain or loss

  securities $0 · other assets $0

• 11a · Other revenue: MISCELLANEOUS REVENUE

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $318,301 · program services $238,726 · management and general $79,575

• 7 · Other salaries and wages

  total $6,550,704 · program services $3,864,803 · management and general $2,685,901

• 8 · Pension plan contributions

  total $5,620 · management and general $5,620

• 9 · Other employee benefits

  total $216,954 · program services $123,879 · management and general $93,075

• 10 · Payroll taxes

  total $626,543 · program services $425,648 · management and general $200,895

• 11a · Fees: management

  total $1,284,763 · management and general $1,284,763

• 11b · Fees: legal

  total $456,100 · management and general $456,100

• 11c · Fees: accounting

  total $2,673 · management and general $2,673

• 11g · Fees: other

  total $1,417,999 · program services $1,198,730 · management and general $219,269 · fundraising $0

• 12 · Advertising and promotion

  total $313,882 · program services $3,790 · management and general $310,092

• 13 · Office expenses

  total $109,211 · program services $4,760 · management and general $104,451

• 14 · Information technology

  total $181,225 · program services $181,225

• 16 · Occupancy

  total $375,553 · program services $59,423 · management and general $316,130

• 17 · Travel

  total $182,036 · program services $147,339 · management and general $34,697

• 19 · Conferences, conventions and meetings

  total $18,524 · program services $1,215 · management and general $17,309

• 20 · Interest

  total $61,605 · program services $57,561 · management and general $4,044

• 22 · Depreciation, depletion and amortization

  total $68,997 · program services $68,997

• 23 · Insurance

  total $155,051 · management and general $155,051

• 24a · Other expenses: INPATIENT CARE

  total $2,487,171 · program services $2,487,171

• 24b · Other expenses: MEDICAL CLAIM EXPENSE

  total $1,031,851 · program services $1,031,851

• 24c · Other expenses: MEDICAL SUPPLIES

  total $469,662 · program services $469,662

• 24d · Other expenses: PATIENT TRANSPORTATION

  total $146,424 · program services $146,424

• 24e · All other expenses

  total $192,745 · program services $46,760 · management and general $145,985 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $97,832 · end of year $301,857

• 4 · Accounts receivable

  beginning of year $1,295,008 · end of year $4,619,087

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $123,738 · end of year $136,390

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

  $653,940

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

  $334,553

• 10c · Land, buildings and equipment, net

  beginning of year $252,841 · end of year $319,387

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $3,389,908 · end of year $3,716,185

• 17 · Accounts payable and accrued expenses

  beginning of year $623,577 · end of year $1,110,872

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  end of year $4,732,061

• 25 · Other liabilities

  beginning of year $72,852 · end of year $345,802

• 27 · Net assets without donor restrictions

  beginning of year $4,462,898 · end of year $2,904,171

The filer's explanations (Part III)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

MORSELIFE HOME CARE, INC., A RELATED ORGANIZATION, MAINTAINS A NONQUALIFIED EMPLOYEE DEFERRED COMPENSATION PLAN OPEN TO CERTAIN KEY EMPLOYEES UNDER INTERNAL REVENUE CODE 457(B) AND SECTION 457(F) (COLLECTIVELY, THE 457 PLANS). THE 457 PLANS PROVIDE, AMONG OTHER THINGS, FOR VOLUNTARY CONTRIBUTIONS TO BE MADE BY ELIGIBLE PARTICIPANTS. THESE FUNDS REMAIN THE PROPERTY OF MORSELIFE HEALTH SYSTEM, INC. AND SUBSIDIARIES. MORSELIFE SUBSIDIARIES HAVE A FIDUCIARY DUTY OF ACCOUNTABILITY FOR THESE FUNDS.