Hospice Of Marthas Vineyard Inc is located in Vineyard Haven, MA. The organization was established in 1982. According to its NTEE Classification (P74) the organization is classified as: Hospices, under the broad grouping of Human Services and related organizations. As of 12/2021, Hospice Of Marthas Vineyard Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hospice Of Marthas Vineyard Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Hospice Of Marthas Vineyard Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 16.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING HOSPICE CARE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SERVICE & CARING PROGRAMS FOR THE TERMINALLY ILL AND THEIR FAMILIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cathy Wozniak Executive Director | Officer | 40 | $59,000 |
Thomas Hallahan Former Executive Director | Officer | 40 | $44,317 |
Alfred Wollacott III Treasurer | OfficerTrustee | 2 | $0 |
Sharon Eckhardt Clerk | OfficerTrustee | 2 | $0 |
Robert Sarno Vice President | OfficerTrustee | 2 | $0 |
Jim Butterick President | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $189,767 |
Related organizations | $0 |
Government grants | $173,065 |
All other contributions, gifts, grants, and similar amounts not included above | $368,457 |
Noncash contributions included in lines 1a–1f | $34,172 |
Total Revenue from Contributions, Gifts, Grants & Similar | $731,289 |
Total Program Service Revenue | $0 |
Investment income | $156,189 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $173,060 |
Net Income from Fundraising Events | $55,071 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,115,609 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $103,317 |
Compensation of current officers, directors, key employees. | $82,654 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $735,688 |
Pension plan accruals and contributions | $5,546 |
Other employee benefits | $11,140 |
Payroll taxes | $66,189 |
Fees for services: Management | $0 |
Fees for services: Legal | $29,156 |
Fees for services: Accounting | $28,096 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $22,319 |
Fees for services: Other | $204,499 |
Advertising and promotion | $9,680 |
Office expenses | $127,000 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $80,848 |
Travel | $6,977 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $16,691 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,488,354 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $180,911 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $12,702 |
Net Land, buildings, and equipment | $367,014 |
Investments—publicly traded securities | $6,976,113 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $7,536,740 |
Accounts payable and accrued expenses | $39,344 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $599,938 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $639,282 |
Net assets without donor restrictions | $1,758,041 |
Net assets with donor restrictions | $5,139,417 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $7,536,740 |
Over the last fiscal year, we have identified 12 grants that Hospice Of Marthas Vineyard Inc has recieved totaling $64,150.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $19,600 |
Kathryn Goodman Foundation West Tisbury, MA PURPOSE: HOSPICE AND BEREAVEMENT SERVICES | $10,000 |
Peter & Elizabeth C Tower Foundation Tr Getzville, NY PURPOSE: CHARITABLE | $10,000 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: MEDICAL / PUBLIC SERVICES | $5,200 |
The Tow Foundation Inc New Canaan, CT PURPOSE: 2021 DISCRETIONARY GRANT | $5,000 |
Kohlberg Foundation Inc Armonk, NY PURPOSE: GRANT TO FURTHER DONEE'S EXEMPT PURPOSE | $5,000 |
Beg. Balance | $6,134,796 |
Earnings | $698,193 |
Admin Expense | $150,000 |
Net Contributions | $103,403 |
Ending Balance | $6,786,392 |
Organization Name | Assets | Revenue |
---|---|---|
Tufts Medicine Care At Home Inc Lawrence, MA | $34,697,054 | $22,121,108 |
Hospice Of The Good Shepherd Inc Newton, MA | $15,111,435 | $18,556,868 |
The Connecticut Hospice Inc Branford, CT | $20,802,713 | $21,548,024 |
Vna Care Hospice Inc Worcester, MA | $19,818,375 | $17,813,208 |
Hospice Of Orange & Sullivan Counties Inc Newburgh, NY | $15,508,795 | $17,553,346 |
Niagara Hospice Inc Lockport, NY | $17,396,237 | $19,351,682 |
Central Vermont Home Health & Hospice Inc Barre, VT | $29,117,936 | $18,588,932 |
Regional Hospice And Home Care Of Western Connecticut Inc Danbury, CT | $17,743,367 | $12,967,328 |
Old Colony Hospice Inc West Bridgewater, MA | $9,721,380 | $15,166,124 |
Hebrew Seniorlife Hospice Care Inc Boston, MA | $6,881,796 | $13,201,054 |
East End Hospice Inc Westhampton Beach, NY | $19,358,291 | $12,310,188 |
The Caring Coalition Of Central New York Liverpool, NY | $15,436,835 | $11,979,869 |