Niagara Hospice Inc
- Assets
- $18.5m
- Revenue
- $17.7m
- Investments
- $0.0
- Employees
- 197
- Location
- Lockport, NY
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 22-2524016
Organization Overview
Niagara Hospice Inc is located in Lockport, NY. The organization was established in 1987. According to its NTEE Classification (P74) the organization is classified as: Hospices, under the broad grouping of Human Services and related organizations. As of 06/2022, Niagara Hospice Inc employed 197 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Niagara Hospice 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 06/2022, Niagara Hospice Inc generated $17.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $16.9m during the year ending 06/2022. While expenses have increased by 4.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SPECIALIZED SERVICES TO PERSONS WITH A LIFE LIMITING ILLNESS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATIENT REVENUE FOR NIAGARA HOSPICE (NH)IS EARNED BASED ON PATIENTS SERVICES PROVIDED AND THEN REIMBURSED BY INSURANCES. THERE ARE A FEW TYPES OF PATIENT SERVICE FEES, WHICH ARE EXPLAINED BELOW. PATIENTS RECEIVE VARIOUS TYPES OF SERVICES, IN WHICH THE LARGEST REVENUE TYPES INCLUDE HOMECARE ROUTINE, NURSING HOME REIMBURSEMENT AND IN-PATIENT GENERAL. HOMECARE ROUTINE CONSISTS OF THE BASIC IN-HOME VISISTS TO THE PATIENTS OWN HOME AT LEAST ONCE A WEEK TO DO VARIOUS CARE-TAKING SERVICES (IE. BATHS, LAUNDRY, VISITING). THE NURSING HOME REIMBURSEMENT REVENUE IS FROM THE HOSPICE PATIENTS THAT ARE IN NURSING HOMES, IN WHICH THE NURSING HOMES BILL NIAGARA HOSPICE AND NH, IN TURN, BILLS THE INSURANCES FOR REIMBURSEMENT. INPATIENT GENERAL CONSISTS OF PATIENTS IN THE VARIOUS HOSPITALS, IN WHICH THE HOSPITALS BILL NH AND NH SEEKS REIMBURSEMENT FROM THE INSURANCES. THE CONTINUOUS CARE PROGRAM PROVIDES "EXTENDED CARE" VERSUS THE REGULAR HOME HEALTH AIDES. THIS EXTENDED CARE IS BILLED AT A HIGHER RATE DUE TO THE INCREASED AMOUNT OF TIME THE LPNS. THIS SERVICE REQUIRES AT LEAST 12 HOURS OF TIME WITH A REGISTERED NURSE.
ALTHOUGH HOSPICE CARE WILL ALWAYS BE PRIMARILY PROVIDED IN A PATIENT'S OR CAREGIVER'S HOME, THERE ARE SOME INDIVIDUALS WHO DO NOT HAVE A HOME ENVIRONMENT APPROPRIATE FOR HOSPICE CARE, OR LACK THE FAMILY OR FRIENDS NECESSARY TO PROVIDE 24/7 CARE IN A HOME ENVIRONMENT. ADDITIONALLY, SOME HOSPICE PATIENTS NEED AROUND-THE-CLOCK MEDICAL ATTENTION DURING MEDICATION ADJUSTMENTS OR FOR SYMPTOM MANAGEMENT. IN RESPONSE TO THESE NEEDS, NIAGARA HOSPICE HOUSE WAS BUILT.NIAGARA HOSPICE HOUSE IS NIAGARA COUNTY'S ONLY RESIDENTIAL HOSPICE HOUSE, PROVIDING SERVICES TO PATIENTS AND THEIR FAMILIES WHO ARE NOT ABLE TO RECEIVE HOME HOSPICE CARE. THE RESIDENTIAL WING CONSISTS OF EIGHT SUITES SPECIFICALLY DESIGNED FOR LONGER STAYS WHEN THE HOME CAREGIVING STRUCTURE IS COMPROMISED. THE IN-PATIENT WING HAS TEN SUITES DESIGNED FOR PATIENTS NEEDING SHORT-TERM MEDICAL MONITORING AND SYMPTOM MANAGEMENT.EACH SUITE IS DESIGNED WITH PATIENT AND FAMILY IN MIND WITH A SITTING AREA AND EASY-CHAIR SLEEPER. EACH FAMILY ALSO HAS ACCESS TO GATHERING ROOMS, FIREPLACES, A CHAPEL, KITCHEN AND THE HOSPICE MEMORIAL GARDENS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Mandaville Director | Trustee | 0.5 | $0 |
Michael Cushman Director | Trustee | 0.5 | $0 |
James Baker Director | Trustee | 0.5 | $0 |
Paul Nanula Director | Trustee | 0.5 | $0 |
Janice P Litz Lcsw-R Director | Trustee | 0.5 | $0 |
Mary Brennan-Taylor Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Hospice And Palliative Care Group I Managment Fee | 6/29/22 | $1,277,564 |
Rp Mechanical Hvac Installation | 6/29/22 | $134,054 |
Waterbourne Construction Construction Advisors | 6/29/22 | $234,170 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $5,420 |
| Membership dues | $0 |
| Fundraising events | $98,846 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $609,748 |
| Noncash contributions included in lines 1a–1f | $27,395 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $714,014 |
| Total Program Service Revenue | $16,747,782 |
| Investment income | $91,358 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $47,924 |
| Net Income from Gaming Activities | $23,152 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,674,467 |
| 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. | $1,335,746 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,433,225 |
| Pension plan accruals and contributions | $230,487 |
| Other employee benefits | $1,633,877 |
| Payroll taxes | $586,976 |
| Fees for services: Management | $1,277,564 |
| Fees for services: Legal | $24,595 |
| Fees for services: Accounting | $24,496 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51 |
| Advertising and promotion | $110,288 |
| Office expenses | $81,692 |
| Information technology | $157,955 |
| Royalties | $0 |
| Occupancy | $168,933 |
| Travel | $0 |
| 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 | $348,863 |
| Insurance | $84,234 |
| All other expenses | $320,324 |
| Total functional expenses | $16,901,810 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,013 |
| Savings and temporary cash investments | $6,835,110 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,948,946 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,382,595 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $270,667 |
| Net Land, buildings, and equipment | $6,558,064 |
| Investments—publicly traded securities | $1,470,754 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,435 |
| Total assets | $18,472,584 |
| Accounts payable and accrued expenses | $1,842,281 |
| Grants payable | $0 |
| Deferred revenue | $170,542 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $116,636 |
| Total liabilities | $2,129,459 |
| Net assets without donor restrictions | $16,289,866 |
| Net assets with donor restrictions | $53,259 |
| 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 | $18,472,584 |