Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $27,750

• 1c · Fundraising events

  $0

• 1e · Government grants (contributions)

  $374,571

• 1f · All other contributions, gifts and grants

  $2,835,222

• 2a · Program service revenue: Hospice Patient Services

  total $105,783,522 · related or exempt $105,783,522

• 2f · All other program service revenue

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

• 3 · Investment income

  total $262,554 · excluded $262,554

• 6a · Gross rents

  real property $82,400

• 6c · Rental income or loss

  real property $82,400 · personal property $0

• 6d · Net rental income or loss

  total $82,400 · excluded $82,400

• 7a · Gross sales of assets other than inventory

  securities $7,753,985 · other assets $500

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

  securities $5,790,404

• 7c · Gain or loss

  securities $1,963,581 · other assets $500

• 7d · Net gain or loss

  total $1,964,081 · excluded $1,964,081

• 8c · Net income from fundraising events

  total $0

• 10a · Gross sales of inventory

  $2,344,166

• 10b · Cost of goods sold

  $1,994,312

• 10c · Net income from sales of inventory

  total $349,854 · excluded $349,854

• 11a · Other revenue: Flood Insurance Refund

  total $978,187 · excluded $978,187

• 11b · Other revenue: All other revenue

  total $133,801 · related or exempt $133,801

• 11d · All other revenue

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

• 11e · Other revenue, total

  $1,111,988

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $520,047 · program services $520,047

• 7 · Other salaries and wages

  total $51,871,708 · program services $47,014,584 · management and general $4,857,124

• 9 · Other employee benefits

  total $7,931,229 · program services $7,098,037 · management and general $833,192

• 10 · Payroll taxes

  total $3,295,932 · program services $2,997,078 · management and general $298,854

• 11b · Fees: legal

  total $625,460 · management and general $625,460

• 11c · Fees: accounting

  total $95,599 · management and general $95,599

• 11e · Fees: professional fundraising services

  total $25,000 · fundraising $25,000

• 11f · Fees: investment management

  total $11,931 · management and general $11,931

• 11g · Fees: other

  total $2,542,389 · program services $2,042,562 · management and general $499,827 · fundraising $0

• 12 · Advertising and promotion

  total $163,277 · program services $107,818 · management and general $55,459

• 13 · Office expenses

  total $1,542,409 · program services $528,496 · management and general $1,013,913

• 14 · Information technology

  total $1,896,807 · program services $28,307 · management and general $1,868,500

• 16 · Occupancy

  total $4,554,529 · program services $4,077,302 · management and general $477,227

• 17 · Travel

  total $740,182 · program services $677,039 · management and general $63,143

• 19 · Conferences, conventions and meetings

  total $63,954 · program services $35,189 · management and general $28,765

• 20 · Interest

  total $11,696 · management and general $11,696

• 22 · Depreciation, depletion and amortization

  total $1,986,989 · program services $1,092,510 · management and general $894,479

• 24a · Other expenses: PATIENT SERVICES

  total $14,415,789 · program services $14,415,789

• 24b · Other expenses: DRUGS

  total $9,780,358 · program services $9,780,358

• 24c · Other expenses: INPATIENT AND RESPITE

  total $4,735,134 · program services $4,735,134

• 24d · Other expenses: MEDICAL, OXYGEN & IV SUPPLIES, AND DME

  total $3,089,016 · program services $3,089,016

• 24e · All other expenses

  total $4,034,689 · program services $3,749,489 · management and general $285,200 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $10,453,924 · end of year $3,370

• 2 · Savings and temporary cash investments

  beginning of year $584,627 · end of year $11,851,660

• 4 · Accounts receivable

  beginning of year $10,035,527 · end of year $7,029,125

• 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

• 8 · Inventories for sale or use

  beginning of year $513,774 · end of year $513,774

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,018,580 · end of year $430,624

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

  $93,612,254

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

  $41,845,713

• 10c · Land, buildings and equipment, net

  beginning of year $54,935,261 · end of year $51,766,541

• 11 · Investments: publicly traded securities

  beginning of year $7,377,524 · end of year $7,422,011

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $5,375,000 · end of year $5,106,250

• 15 · Other assets

  beginning of year $4,978,308 · end of year $7,204,981

• 17 · Accounts payable and accrued expenses

  beginning of year $12,548,072 · end of year $9,982,432

• 19 · Deferred revenue

  end of year $83,433

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $2,802,414 · end of year $4,180,308

• 27 · Net assets without donor restrictions

  beginning of year $79,698,448 · end of year $76,858,572

• 28 · Net assets with donor restrictions

  beginning of year $223,591 · end of year $223,591

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

The President & CEO is paid by Chapters Health System, Inc. (a related organization). Chapters Health System uses a compensation committee, independent compensation consultant, compensation survey or study, forms 990 of other organizations, and approval by the board or compensation committee to determine his compensation. The company relies on Chapters Health System to ensure compensation is reasonable.

Schedule J, Part I, Line 4a Severance or change-of-control payment

During the Year, Chapters Health System, Inc. paid severance to: C.Lee $520,000

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

Chapters Health System, Inc. (a related organization) has a supplemental executive retirement plan (SERP) in which some of the interested persons participate. During the year, the following payments were made by Chapters Health System, Inc. into the SERP plans of the participants: A.Molosky $357,909 T.Friedman $96,087 R.White $76,107 N.Romence $64,011 S.Strobel $60,675 T. Webb $73,316 V.Zolman $42,167

Related partnerships

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

• ADVANCED ILLNESS PARTNERS LLC

  Related · MEDICARE DIRECT CONTRACT MEDICAL SERVICES · DE · 42.86% owned · general or managing partner

  Directly controlled by CAPITAL CARING

• Assurity DCE LLC

  N/A · Medical Services · FL

  Directly controlled by NA

Related corporations and trusts

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

• Chapters CareNu Inc

  C Corporation · Population Health · FL

  Directly controlled by NA

• SECUR Inc

  C Corporation · Licensed Health Plan · FL

  Directly controlled by NA