Hospice Of The Red River Valley
- Assets
- $29.2m
- Revenue
- $33.8m
- Investments
- $38.8k
- Employees
- 318
- Location
- Fargo, ND
- Founding
- 05/1994
- Data as of
- 12/2020
- EIN
- 45-0349152
Organization Overview
Hospice Of The Red River Valley is located in Fargo, ND. The organization was established in 1994. 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, Hospice Of The Red River Valley employed 318 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hospice Of The Red River Valley 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 12/2020, Hospice Of The Red River Valley generated $33.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $30.2m during the year ending 12/2020. While expenses have increased by 5.2% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVICE HOSPICE & PALLIATIVE CARE TO TERMINALLY ILL INDIVIDUALS AT THE END OF THEIR LIFE
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSPICE CARE: MEDICALLY DIRECTED AND TEAM-COORDINATED SERVICES TO TERMINALLY ILL PATIENTS AND THEIR FAMILIES. PATIENTS AND FAMILIES RECEIVE CARE ACCORDING TO PLANS PERSONALIZED TO EACH PATIENT AND FAMILY'S NEEDS, WISHES AND ABILITIES, ENLISTING ALL THE SKILLS OF THE HOSPICE TEAM. THE CARE AND SERVICES ARE PROVIDED TO PEOPLE IN A MORE THAN 44 COUNTY SERVICE AREA IN THE GREATER RED RIVER VALLEY AREA OF THE NORTH DAKOTA/MINNESOTA BORDER AND IS PROVIDED WITHOUT REGARD FOR THE PATIENT OR FAMILY'S ABILITY TO PAY. IN 2021, HOSPICE OF THE RED RIVER VALLEY SERVED 2,352 PATIENTS FROM OFFICES IN FARGO, GRAND FORKS, VALLEY CITY, AND BISMARCK, NORTH DAKOTA AND DETROIT LAKES AND THIEF RIVER FALLS, MINNESOTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Capron Executive Director | Officer | 45 | $281,593 |
Tracie Mallber Sylvester Medical Director | 38.5 | $274,101 | |
Becky Pfau - Director Of Clinical Operational | 40 | $137,011 | |
Jennifer Johnson Nurse Practitioner | 40 | $136,295 | |
Theresa Stahl Director Of Finance | Officer | 47.5 | $134,895 |
Margaret Sterling - Director Of Quality & Education | 40 | $134,043 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Matrix Architects Architectural Services | 12/30/21 | $1,070,888 |
Flint Group Advertising & Marketing Consulting Servi | 12/30/21 | $244,881 |
Sanford Health Equip Diagnostic Medical Equipment | 12/30/21 | $768,118 |
High Point Networks It Technical Support Services & Hardware | 12/30/21 | $213,799 |
Delta Care Rx Claims Processing | 12/30/21 | $1,044,649 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $15,207 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $191,442 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,207,860 |
| Noncash contributions included in lines 1a–1f | $72,097 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,414,509 |
| Total Program Service Revenue | $30,868,254 |
| Investment income | $275,936 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$5,497 |
| Net Gain/Loss on Asset Sales | $205,128 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $90,731 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $33,849,061 |
| 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. | $421,930 |
| Compensation of current officers, directors, key employees. | $421,930 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,099,910 |
| Pension plan accruals and contributions | $268,981 |
| Other employee benefits | $1,820,886 |
| Payroll taxes | $815,715 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,621 |
| Fees for services: Accounting | $36,423 |
| Fees for services: Lobbying | $1,810 |
| Fees for services: Fundraising | $90,750 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,584,514 |
| Advertising and promotion | $253,207 |
| Office expenses | $478,576 |
| Information technology | $382,353 |
| Royalties | $0 |
| Occupancy | $326,051 |
| Travel | $703,613 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $40,508 |
| Interest | $45,071 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $300,710 |
| Insurance | $124,421 |
| All other expenses | $22,089 |
| Total functional expenses | $30,172,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,212 |
| Savings and temporary cash investments | $7,183,286 |
| Pledges and grants receivable | $1,244,959 |
| Accounts receivable, net | $4,377,233 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $69,826 |
| Prepaid expenses and deferred charges | $135,701 |
| Net Land, buildings, and equipment | $5,309,715 |
| Investments—publicly traded securities | $10,543,478 |
| Investments—other securities | $38,773 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $311,837 |
| Total assets | $29,216,020 |
| Accounts payable and accrued expenses | $2,609,444 |
| Grants payable | $0 |
| Deferred revenue | $989,048 |
| Tax-exempt bond liabilities | $723,673 |
| 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 | $2,647,700 |
| Other liabilities | $0 |
| Total liabilities | $6,969,865 |
| Net assets without donor restrictions | $14,521,942 |
| Net assets with donor restrictions | $7,724,213 |
| 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 | $29,216,020 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hospice Of The Red River Valley has recieved totaling $45,000.
| Awarding Organization | Amount |
|---|---|
Thundering Saints Valley City, ND PURPOSE: CANCER PATIENT CARE | $45,000 |
Endowment Analysis
| Beg. Balance | $5,927,134 |
| Earnings | $706,896 |
| Net Contributions | $258,887 |
| Other Expense | $204,551 |
| Ending Balance | $6,688,366 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hospice Of The Red River Valley Fargo, ND | $29,216,020 | $33,849,061 |
Saint Anne Of Winona Minneapolis, MN | $16,379,206 | $17,452,810 |
Our Lady Of Peace St Paul, MN | $30,478,378 | $14,806,119 |
Clare Housing Minneapolis, MN | $11,378,951 | $5,835,851 |
Prairie Home Hospice Inc Marshall, MN | $3,019,803 | $3,521,560 |
Lutheran Brethren Hospice Care Services Inc Fergus Falls, MN | $766,654 | $2,773,677 |
Crescent Cove Brooklyn Center, MN | $6,185,591 | $2,512,892 |
Quiet Oaks St Cloud, MN | $3,139,295 | $2,004,334 |
Countryside Hospice Support And Memory Center Inc Pierre, SD | $2,430,217 | $988,418 |
Hospice Of Murray County Inc Slayton, MN | $2,216,237 | $1,163,876 |
Minnesota Network Of Hospice And Palliative Care Arden Hills, MN | $554,657 | $524,296 |
Care Partners Of Cook County Grand Marais, MN | $159,372 | $228,858 |