Hospice Of The Western Reserve Inc is located in Cleveland, OH. The organization was established in 1978. According to its NTEE Classification (P74) the organization is classified as: Hospices, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hospice Of The Western Reserve 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 The Western Reserve Inc generated $83.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $75.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. 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
WE PROVIDE PALLIATIVE END OF LIFE CARE, CAREGIVER SUPPORT, AND BEREAVEMENT SERVICES THROUGHOUT NORTHERN OHIO. WE STRIVE TO RELIEVE SUFFERING & ENHANCE COMFORT IN END OF LIFE CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSPICE CARE SERVICES ARE ABOUT PROVIDING PEOPLE (ADULTS AND CHILDREN) WITH A LIFE-LIMITING ILLNESS, AND THEIR FAMILIES WITH CHOICES AND DIGNITY. CARE IS PROVIDED WHEREVER THE PATIENTS LIVE; IN THEIR HOME, IN A HOSPITAL, ASSISTED LIVING/LONG-TERM CARE FACILITY OR AT TWO HOSPICE HOUSE RESIDENTIAL FACILITIES. IN 2021, HOSPICE OF WESTERN RESERVE PROVIDED 313,627 PATIENT DAYS. CARE IS PROVIDED BY A TEAM OF PAID STAFF AND VOLUNTEERS WHO ARE AVAILABLE 24-HOURS A-DAY, SEVEN DAYS A WEEK. ADDITIONALLY, BEREAVEMENT SERVICES ARE PROVIDED FOR FAMILIES FOR MORE THAN A YEAR FOLLOWING THE LOSS OF A LOVED ONE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Baach Vice Chair | OfficerTrustee | 2 | $0 |
William Herzberger Chair | OfficerTrustee | 2 | $0 |
Laura Navin Secretary | OfficerTrustee | 2 | $0 |
Mark Ross Treasurer | OfficerTrustee | 2 | $0 |
William E Finn President & CEO | Officer | 3 | $0 |
Julia A Bartel Chief Clinical Officer | Officer | 40 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Park Place Technologies Llc It & Staffing Svcs | 12/30/21 | $137,989 |
Schill Grounds Management Llc Landscaping/snowplow | 12/30/21 | $115,621 |
Transimpact Llc It Consulting | 12/30/21 | $361,038 |
Ron James Dba Rj3 Security Consul On-site Security | 12/30/21 | $143,775 |
Involta Data Connections | 12/30/21 | $102,684 |
Statement of Revenue | |
---|---|
Federated campaigns | $103,335 |
Membership dues | $0 |
Fundraising events | $124,324 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $3,680,375 |
Noncash contributions included in lines 1a–1f | $99,816 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,908,034 |
Total Program Service Revenue | $72,783,776 |
Investment income | $1,001,734 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $5,106,664 |
Net Income from Fundraising Events | $93,260 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $83,830,185 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $30,358,589 |
Pension plan accruals and contributions | $380,879 |
Other employee benefits | $6,829,627 |
Payroll taxes | $2,399,425 |
Fees for services: Management | $9,242,336 |
Fees for services: Legal | $10,298 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,378,058 |
Advertising and promotion | $961 |
Office expenses | $1,174,853 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,181,541 |
Travel | $213 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $19,431 |
Interest | $523,921 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,768,299 |
Insurance | $247,879 |
All other expenses | $1,168,791 |
Total functional expenses | $75,789,855 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,101,533 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $2,031,149 |
Accounts receivable, net | $17,434,064 |
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 | $584,566 |
Net Land, buildings, and equipment | $36,856,055 |
Investments—publicly traded securities | $57,180,664 |
Investments—other securities | $405,171 |
Investments—program-related | $0 |
Intangible assets | $364,417 |
Other assets | $0 |
Total assets | $122,957,619 |
Accounts payable and accrued expenses | $7,399,491 |
Grants payable | $0 |
Deferred revenue | $20,910 |
Tax-exempt bond liabilities | $20,926,250 |
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 | $1,171,251 |
Total liabilities | $29,517,902 |
Net assets without donor restrictions | $87,489,466 |
Net assets with donor restrictions | $5,950,251 |
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 | $122,957,619 |
Over the last fiscal year, we have identified 2 grants that Hospice Of The Western Reserve Inc has recieved totaling $20,000.
Awarding Organization | Amount |
---|---|
Edwin D Northrup Ii Fund Ins Trust Pittsburgh, PA PURPOSE: CREATIVE EXPRESSION PROGRAM | $15,000 |
Sears-Swetland Family Foundation Bratenahl, OH PURPOSE: SOCIAL SERVICES | $5,000 |
Beg. Balance | $2,558,701 |
Earnings | $294,566 |
Admin Expense | $6,574 |
Net Contributions | $125,516 |
Other Expense | $37,625 |
Ending Balance | $2,934,584 |
Organization Name | Assets | Revenue |
---|---|---|
The Hospice Of Dayton Inc Dayton, OH | $116,257,424 | $74,620,486 |
Hospice Of The Bluegrass Inc Lexington, KY | $131,109,074 | $82,828,416 |
Hospice Of The Western Reserve Inc Cleveland, OH | $122,957,619 | $83,830,185 |
Hosparus Inc Louisville, KY | $92,813,151 | $85,297,636 |
Hospice Of Michigan Inc Ann Arbor, MI | $47,973,819 | $70,125,455 |
Hospice Of Cincinnati Incorporated Cincinnati, OH | $91,944,183 | $69,294,090 |
Hospice & Community Care Lancaster, PA | $68,034,775 | $44,243,514 |
Hospice Care Of Southwest Michigan Kalamazoo, MI | $74,966,417 | $46,603,506 |
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 |
Hospice Of Northwest Ohio Perrysburg, OH | $48,749,413 | $42,435,060 |
Hospice Of The Emerald Coast Inc Louisville, KY | $50,374,918 | $44,119,293 |