Hudson Valley Hospice Inc
- Assets
- $27.2m
- Revenue
- $35.6m
- Investments
- $0.0
- Employees
- 334
- Location
- Poughkeepsie, NY
- Founding
- 10/1984
- Data as of
- 12/2021
- EIN
- 14-1638619
Organization Overview
Hudson Valley Hospice Inc, operating under the name Hudson Valley Hospice, is located in Poughkeepsie, NY. The organization was established in 1984. 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, Hudson Valley Hospice employed 334 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hudson Valley Hospice 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, Hudson Valley Hospice generated $35.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $27.6m during the year ending 12/2021. While expenses have increased by 17.1% 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
HUDSON VALLEY HOSPICE, INC. PROVIDES PHYSICAL, EMOTIONAL AND SPIRITUAL CARE FOR TERMINALLY ILL PATIENTS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HUDSON VALLEY HOSPICE, INC. PROVIDED SERVICES TO 2,594 TERMINALLY ILL PATIENTS IN 2021. SERVICES WERE COORDINATED THROUGH A TEAM OF PROFESSIONALS, WHICH INCLUDES NURSES, SOCIAL WORKERS, PHYSICIANS, PASTORAL CARE, VOLUNTEERS AND RELATED THERAPISTS. CARE IS PROVIDED IN INDIVIDUAL HOMES, NURSING HOMES, AND HOSPITALS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Respiratory Specialists Medical Services | 12/30/21 | $1,278,553 |
Pines Nh Nursing Home | 12/30/21 | $718,854 |
Vassar Brothers Medical Center Hospital Services | 12/30/21 | $1,179,730 |
Ferncliff Nh Nursing Home | 12/30/21 | $590,749 |
Lutheran Nh Nursing Home | 12/30/21 | $487,601 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $38,840 |
| Government grants | $2,941,071 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,979,911 |
| Total Program Service Revenue | $32,227,854 |
| Investment income | $182,623 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $162,206 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $35,557,404 |
| 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. | $704,125 |
| Compensation of current officers, directors, key employees. | $73,767 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,877,118 |
| Pension plan accruals and contributions | $307,353 |
| Other employee benefits | $3,047,326 |
| Payroll taxes | $1,152,737 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,542 |
| Fees for services: Accounting | $89,209 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,076 |
| Fees for services: Other | $559,677 |
| Advertising and promotion | $359,082 |
| Office expenses | $146,460 |
| Information technology | $441,946 |
| Royalties | $0 |
| Occupancy | $173,633 |
| Travel | $461,056 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,732 |
| Interest | $57,007 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $294,723 |
| Insurance | $79,183 |
| All other expenses | $64,769 |
| Total functional expenses | $27,638,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,476,847 |
| Savings and temporary cash investments | $26,123 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,184,335 |
| 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 | $152,694 |
| Net Land, buildings, and equipment | $4,153,155 |
| Investments—publicly traded securities | $6,811,814 |
| Investments—other securities | $0 |
| Investments—program-related | $3,032,146 |
| Intangible assets | $0 |
| Other assets | $313,979 |
| Total assets | $27,151,093 |
| Accounts payable and accrued expenses | $4,565,088 |
| Grants payable | $0 |
| Deferred revenue | $217,724 |
| 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 | $1,730,450 |
| Unsecured mortgages and notes payable | $90 |
| Other liabilities | $0 |
| Total liabilities | $6,513,352 |
| Net assets without donor restrictions | $19,402,089 |
| Net assets with donor restrictions | $1,235,652 |
| 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 | $27,151,093 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Hudson Valley Hospice Inc has recieved totaling $290,634.
| Awarding Organization | Amount |
|---|---|
Dyson Foundation Millbrook, NY PURPOSE: TO BUILD A NEW 14-SUITE HOSPICE HOUSE IN HYDE PARK. | $250,000 |
Herbert H Redl Family Foundation Poughkeepsie, NY PURPOSE: GENERAL SUPPORT | $12,500 |
Evelyn M@davies Charitable Trust Poughkeepsie, NY PURPOSE: AID TO CHRONICALLY ILL | $10,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $7,134 |
George T Whalen Jr Foundation Inc Millbrook, NY PURPOSE: GENERAL OPERATIONS | $7,000 |
Thendara Foundation Inc Wilmington, DE PURPOSE: GENERAL SUPPORT | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Visiting Nurse Service Of New York Hospice New York, NY | $52,411,806 | $111,293,600 |
Mjhs Hospice And Palliative Care Inc Brooklyn, NY | $22,615,879 | $95,126,752 |
Care Dimensions Inc Danvers, MA | $84,137,816 | $77,104,167 |
Hospice Care Network Woodbury, NY | $95,498,541 | $55,850,359 |
Samaritan Healthcare & Hospice Inc Mount Laurel, NJ | $59,413,950 | $50,633,320 |
Good Shepherd Hospice Farmingdale, NY | $49,854,120 | $46,464,236 |
Hospice & Community Care Lancaster, PA | $68,034,775 | $44,243,514 |
Hospice Buffalo Inc Cheektowaga, NY | $15,381,266 | $36,481,567 |
Wissahickon Hospice Of Uphs Bala Cynwyd, PA | $7,765,486 | $33,958,744 |
Visiting Nurse Association Of Saint Lukes-Home Health-Hospice Inc Allentown, PA | $23,513,920 | $38,716,311 |
The Community Hospice Inc Albany, NY | $59,812,063 | $39,404,274 |
Hudson Valley Hospice Inc Poughkeepsie, NY | $27,151,093 | $35,557,404 |