Agrace Hospicecare Incorporated is located in Fitchburg, WI. The organization was established in 1979. 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, Agrace Hospicecare Incorporated employed 1,113 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Agrace Hospicecare Incorporated 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, Agrace Hospicecare Incorporated generated $107.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $107.5m during the year ending 12/2023. While expenses have increased by 8.3% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION, "PROVIDING PERSONALIZED CARE AND SUPPORT, WHERE AND WHEN YOU NEED IT, FOR LIFE'S CHANGING HEALTH NEEDS," (CONTINUED ON SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLINICAL PATIENT CARE - AGRACE OFFERS THE MOST COMPREHENSIVE CARE AVAILABLE. PATIENTS AND FAMILIES SERVED BY AGRACE ARE PROVIDED THE EXPERT HELP OF A COMPASSIONATE TEAM OF END-OF-LIFE PROFESSIONALS INCLUDING: NURSES, CERTIFIED NURSING ASSISTANTS, SOCIAL WORKERS, SPIRITUAL & GRIEF COUNSELORS, VOLUNTEERS, PHYSICIANS AND PHARMACISTS. THE HOSPICE CARE TEAM ASSESSES THE UNIQUE NEEDS OF EACH PATIENT AND FAMILY. FOR HOSPICE PATIENTS WHO HAVE DEMENTIA OR OTHER MEMORY CARE NEEDS, THE AGRACE HOSPICE MEMORY CARE SUITES ARE A HOMELIKE, 12 ROOM SECURE UNIT THAT IS SPECIALLY DESIGNED TO BE COMFORTING AND SAFE. THE SUITES ARE LOCATED IN OUR MADISON AREA CAMPUS IN FITCHBURG. IN 2023, 57 PATIENTS WERE SERVED IN THE MEMORY CARE SUITES. WORKING TOGETHER, AGRACE STAFF, TRAINED VOLUNTEERS, AND THE PATIENT'S PHYSICIAN DELIVER COMPREHENSIVE CARE FOCUSED ON HELPING THE PATIENT AND THEIR FAMILY LIVE LIFE TO THE FULLEST. AGRACE ALSO PROVIDES SUPPORTIVE CARE, A PALLIATIVE CARE SERVICES FOR PEOPLE WHO HAVE A SERIOUS ILLNESS BUT ARE NOT RECEIVING HOSPICE CARE. IN 2023, THE ORGANIZATION PROVIDED APPROXIMATELY $6,634,000 OF COMMUNITY BENEFIT.
AGRACE'S OTHER PROGRAMS INCLUDE THE VOLUNTEER SERVICES PROGRAM, THE FOOD SERVICE PROGRAM AND GRANTS TO SUPPORT RELATED ORGANIZATIONS. IN 2023, 749 SPECIALLY TRAINED VOLUNTEERS PROVIDED 63,750 HOURS OF SERVICE. BECAUSE OF THIS SUPPORT, AGRACE IS ABLE TO DEFER SOME STAFFING COSTS AND CONTINUE TO PROVIDE COMPASSIONATE, EXPERT CARE TO PATIENTS AND FAMILIES. SOME OF THE VOLUNTEER POSITIONS INCLUDE IN-HOME AND RESIDENTIAL PATIENT AND FAMILY VOLUNTEER; GRIEF SERVICES, ADMINISTRATIVE OFFICE WORK, FLOWER ROOM AND KITCHEN VOLUNTEER; VIGIL PROGRAM; AND AGRACE HOSPITALITY VOLUNTEER. FOOD SERVICE: AGRACE EMPLOYS TALENTED CHEFS TO PROVIDE OUR PATIENTS AND FAMILIES COMFORTING MEALS COOKED WITH LOCALLY GROWN, OFTEN ORGANIC FRESH PRODUCE, MEATS AND HERBS. STAFF DIETITIANS WORK WITH THE KITCHEN STAFF TO PREPARE MEALS THAT PROVIDE SUSTENANCE AND COMFORT TO PATIENTS. SOMETIMES A PATIENT WILL NOT BE ABLE TO DIGEST SOLID FOODS, BUT SMALL MEALS CAN BE PREPARED FOR THEM TO ENJOY THE COMFORTS OF THE SMELLS THAT MEALS PROVIDE. IN ADDITION TO PATIENT AND FAMILY MEALS, AGRACE FOOD SERVICES MAKES NUTRITIOUS MEALS AND SNACKS FOR CLIENTS AT THE AGRACE ADULT DAY CENTER. FRESH BAKED GOODS, COFFEE AND TEA AVAILABLE FOR PURCHASE BY STAFF, VOLUNTEERS, GUESTS, EDUCATIONAL EVENT ATTENDEES AT THE DOC ROCK CAFE AT OUR MADISON CAMPUS. IN 2023, AGRACE, INC. TRANSFERRED FUNDS TOTALING $6,050,000 TO THE RISK RESERVE ACCOUNT HELD BY AGRACE HOSPICECARE FOUNDATION, INC.
AGRACE HME, LLC IS A DISREGARDED ENTITY THAT WAS ESTABLISHED IN 2019 TO PROVIDE HOME MEDICAL EQUIPMENT TO AGRACE HOSPICE PATIENTS. WITH A FLEET OF DELIVERY VANS AND A CARING CREW OF DME TECHNICIANS, AGRACE DELIVERS HOME MEDICAL EQUIPMENT TO OUR HOSPICE PATIENTS. AGRACE HME HAS TWO EQUIPMENT WAREHOUSES, IN WAUNAKEE AND MILTON, WHERE WE USE STATE-OF-THE-ART SOFTWARE AND SYSTEMS TO ENSURE MEDICAL EQUIPMENT IS DELIVERED TO PATIENTS QUICKLY AND ACCURATELY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Past Chair - Beginning 4/2023; Chair - Until 3/2023 | OfficerTrustee | 1 | $0 |
Name Not Listed Vice Chair - Beginning 4/2023; Treasurer - Until 3/2023 | OfficerTrustee | 1 | $0 |
Name Not Listed Vice Chair - Until 3/2023 / Director | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer - Beginning 4/2023 | OfficerTrustee | 1 | $0 |
Name Not Listed Chair - Beginning 4/2023; Secretary - Until 3/2023 | OfficerTrustee | 1 | $0 |
Name Not Listed President & CEO | OfficerTrustee | 30 | $781,840 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Amergis Healthcare Staffing Inc Nurse Staffing Services | 12/30/23 | $381,626 |
St Mary's Hospital Therapies & Lab Services | 12/30/23 | $300,250 |
University Of Wi Hospitalclinic Therapies & Imaging Services | 12/30/23 | $544,024 |
Uw Medical Foundation Physician Services | 12/30/23 | $218,291 |
Midwest Medical Transport Company Llc Ambulance Service | 12/30/23 | $159,887 |
Statement of Revenue | |
---|---|
Federated campaigns | $65,604 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $3,331,204 |
Government grants | $0 |
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 | $3,396,808 |
Total Program Service Revenue | $100,540,021 |
Investment income | $171,650 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$27,660 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $107,515,776 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $6,050,000 |
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. | $2,701,850 |
Compensation of current officers, directors, key employees. | $1,888,901 |
Compensation to disqualified persons | $234,583 |
Other salaries and wages | $53,410,852 |
Pension plan accruals and contributions | $1,342,684 |
Other employee benefits | $7,774,364 |
Payroll taxes | $3,958,675 |
Fees for services: Management | $0 |
Fees for services: Legal | $173,742 |
Fees for services: Accounting | $63,091 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $24 |
Fees for services: Other | $669,387 |
Advertising and promotion | $529,104 |
Office expenses | $1,156,327 |
Information technology | $2,364,537 |
Royalties | $0 |
Occupancy | $3,220,395 |
Travel | $225,561 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $290,734 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $117,007 |
Insurance | $295,369 |
All other expenses | $1,871,658 |
Total functional expenses | $107,544,084 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,583,248 |
Savings and temporary cash investments | $518,245 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $8,872,565 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $31,760 |
Prepaid expenses and deferred charges | $2,021,149 |
Net Land, buildings, and equipment | $318,264 |
Investments—publicly traded securities | $827,679 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $120,272,740 |
Total assets | $139,445,650 |
Accounts payable and accrued expenses | $10,143,751 |
Grants payable | $0 |
Deferred revenue | $292,790 |
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 | $2,473,000 |
Total liabilities | $12,909,541 |
Net assets without donor restrictions | $110,574,345 |
Net assets with donor restrictions | $15,961,764 |
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 | $139,445,650 |