Joliet Area Community Hospice Corporation
- Assets
- $56.6m
- Revenue
- $38.3m
- Investments
- $0.0
- Employees
- 279
- Location
- Joliet, IL
- Founding
- 05/1983
- Data as of
- 12/2023
- EIN
- 36-3191281
Organization Overview
Joliet Area Community Hospice Corporation, operating under the name Lightways Hospice and Serious Illness Care, is located in Joliet, IL. The organization was established in 1983. According to its NTEE Classification (P74) the organization is classified as: Hospices, under the broad grouping of Human Services and related organizations. As of 12/2023, Lightways Hospice and Serious Illness Care employed 279 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lightways Hospice and Serious Illness Care 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 12/2023, Lightways Hospice and Serious Illness Care generated $38.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $32.3m during the year ending 12/2023. While expenses have increased by 12.5% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
LIGHTWAYS HOSPICE AND SERIOUS ILLNESS CARE PROVIDES COMPREHENSIVE, HOLISTIC, COMMUNITY-BASED SERVICES AND CARE.
Describe the Organization's Program Activity:
LIGHTWAYS HOSPICE AND SERIOUS ILLNESS CARE PROVIDES A COORDINATED PROGRAM OF SUPPORT, SERVICE AND CARE FOR TERMINALLY ILL PATIENTS AND THEIR CAREGIVERS BOTH THROUGHOUT THE SURROUNDING COUNTIES AND WITHIN OUR 24 BED INPATIENT UNIT. LIGHTWAYS HOSPICE AND SERIOUS ILLNESS CARE SERVED OVER 2,800 PATIENTS IN 2023. LIGHTWAYS HOSPICE AND SERIOUS ILLNESS CARE RENDERS SERVICES TO INDIVIDUALS WHO ARE FINANCIALLY UNABLE TO PAY FOR CARE WHO MEET CERTAIN CRITERIA UNDER ITS CHARITY CARE POLICY WITHOUT CHARGE OR AT AMOUNTS LESS THAN THE ESTABLISHED RATES. THE AMOUNT OF CHARITY CARE PROVIDED DURING 2023 WAS $443,357. IN ADDDITION TO THE CHARITY CARE PROVIDED, THE ORGANIZATION ALSO PROVIDES BEREAVEMENT SERVICES, PEDIATRIC SERVICES, EDUCATION TO THE COMMUNITY, CHILD LIFE SPECIALISTS, SERIOUS ILLNESS SERVICES, INTEGRATED THERAPY SERVICES, AND ROOM RENTALS TO THE COMMUNITY, WHICH ESTIMATED $2,048,401 DURING 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer (until April 2023) | OfficerTrustee | 1 | $0 |
Name Not Listed Immediate Past Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Vice Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Integrated Respiratory Solutions Respiratory Health Company | 12/30/23 | $623,365 |
Secure Healthcare Billing Billing Services | 12/30/23 | $391,315 |
Samir B Patel Triage Services | 12/30/23 | $303,737 |
Elite Therapy And Management Home Health Services | 12/30/23 | $123,266 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $13,039 |
| Membership dues | $0 |
| Fundraising events | $122,640 |
| Related organizations | $0 |
| Government grants | $177,750 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,685,584 |
| Noncash contributions included in lines 1a–1f | $5,893 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,999,013 |
| Total Program Service Revenue | $34,997,642 |
| Investment income | $820,227 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $572,070 |
| Net Income from Fundraising Events | -$57,581 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $38,337,079 |
| 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. | $1,337,853 |
| Compensation of current officers, directors, key employees. | $299,395 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,687,056 |
| Pension plan accruals and contributions | $414,982 |
| Other employee benefits | $2,122,820 |
| Payroll taxes | $1,212,017 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,291 |
| Fees for services: Accounting | $135,556 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $60,625 |
| Fees for services: Other | $1,922,273 |
| Advertising and promotion | $218,291 |
| Office expenses | $1,289,255 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $371,350 |
| Travel | $658,371 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,618 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $770,635 |
| Insurance | $179,319 |
| All other expenses | $253,949 |
| Total functional expenses | $32,301,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,000 |
| Savings and temporary cash investments | $8,615,048 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,679,436 |
| 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 | $527,989 |
| Net Land, buildings, and equipment | $14,276,089 |
| Investments—publicly traded securities | $27,423,811 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,041 |
| Total assets | $56,569,414 |
| Accounts payable and accrued expenses | $4,233,341 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $181,813 |
| Total liabilities | $4,415,154 |
| Net assets without donor restrictions | $52,107,833 |
| Net assets with donor restrictions | $46,427 |
| 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 | $56,569,414 |