Hospice Of Laurens County Inc
- Assets
- $5.1m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 72
- Location
- Charlotte, NC
- Founding
- 09/1987
- Data as of
- 12/2021
- EIN
- 57-0843527
Organization Overview
Hospice Of Laurens County Inc is located in Charlotte, NC. 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 12/2021, Hospice Of Laurens County Inc employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hospice Of Laurens County 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 Laurens County Inc generated $3.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $4.5m during the year ending 12/2021. 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
OPERATING SINCE 1987, HOSPICE OF LAURENS COUNTY (HOLC) PROVIDES EXPERT END OF LIFE CARE, INCLUDING HOSPICE, GRIEF SUPPORT AND COMMUNITY EDUCATION. HOLC IS COMMITTED TO OFFERING QUALITY OF LIFE TO PATIENTS AND FAMILIES IN OUR COMMUNITY WHO ARE COPING WITH TERMINAL ILLNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT HOSPICE CARE SERVICES - HOSPICE CARE IS PROVIDED TO PATIENTS WHO ARE FACING ILLNESSES THAT NO LONGER RESPOND TO CURE-ORIENTED TREATMENT AND WHO HAVE A LIFE EXPECTANCY OF SIX MONTHS OR LESS. CARE IS PROVIDED IN MULTIPLE SETTINGS, INCLUDING THE PATIENT'S PRIVATE RESIDENCE, NURSING FACILITIES, OR OUR OWN HOSPICE HOUSE. AS A NOT-FOR-PROFIT ORGANIZATION, HOSPICE OF LAURENS COUNTY PROVIDES SERVICES WITHOUT REGARD TO A PATIENT'S INSURANCE STATUS OR ABILITY TO PAY. THESE SERVICES INCLUDE NURSING CARE, PHYSICIAN VISITS, SOCIAL WORK, AND CHAPLAIN SERVICES. IN ADDITION, ANCILLARY SERVICES AND BEREAVEMENT SUPPORT ARE PROVIDED AFTER THE PATIENT'S DEATH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bethany Demet Strategic Account Manager | 40 | $138,317 | |
Patricia Sadler MD Physician | 40 | $127,891 | |
Michael A Mcnamara Treasurer | OfficerTrustee | 1 | $0 |
John A Morrice Secretary | OfficerTrustee | 1 | $0 |
Jane B Neese PHD RN Past Board Chair | OfficerTrustee | 1 | $0 |
Jeffrey G Gore Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $34,488 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $153,020 |
| Noncash contributions included in lines 1a–1f | $23,558 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $187,508 |
| Total Program Service Revenue | $2,846,730 |
| Investment income | $29 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$13,520 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $313,080 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,333,827 |
| 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 | $2,549,659 |
| Pension plan accruals and contributions | $20,884 |
| Other employee benefits | $366,126 |
| Payroll taxes | $181,355 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $161,979 |
| Advertising and promotion | $10,264 |
| Office expenses | $72,480 |
| Information technology | $2,038 |
| Royalties | $0 |
| Occupancy | $223,023 |
| Travel | $103,190 |
| 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 | $204,814 |
| Insurance | $30,223 |
| All other expenses | $69,234 |
| Total functional expenses | $4,521,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,043,307 |
| Savings and temporary cash investments | $187,045 |
| Pledges and grants receivable | $4,088 |
| Accounts receivable, net | $375,632 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $26,096 |
| Prepaid expenses and deferred charges | $28,982 |
| Net Land, buildings, and equipment | $3,346,761 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $51,500 |
| Other assets | $0 |
| Total assets | $5,063,411 |
| Accounts payable and accrued expenses | $223,470 |
| 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 | $5,186,215 |
| Total liabilities | $5,409,685 |
| Net assets without donor restrictions | -$354,914 |
| Net assets with donor restrictions | $8,640 |
| 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 | $5,063,411 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hospice Of Laurens County Inc has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Prisma Health - Upstate Greenville, SC PURPOSE: OPERATIONAL/COMMUNITY ENGAGEMENT | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hospice Of Iredell County Inc Statesville, NC | $28,149,266 | $19,069,489 |
Columbus Hospice Inc Columbus, GA | $6,884,132 | $16,717,590 |
Hospice Of Cleveland County Inc Shelby, NC | $13,229,602 | $14,228,182 |
Hospice Savannah Inc Savannah, GA | $17,907,205 | $13,591,466 |
Hospice Of The Upstate Inc Anderson, SC | $15,925,828 | $10,760,433 |
Hospice Of Gaston County Inc Gastonia, NC | $30,855,783 | $12,047,336 |
Hospice Of Rutherford County Inc Forest City, NC | $46,569,993 | $13,863,011 |
National Hospice And Palliative Care Organization Incorporated Alexandria, VA | $15,803,186 | $12,180,046 |
Hospice & Palliative Care Of The Blue Ridge Inc Spruce Pine, NC | $1,986,702 | $9,359,305 |
Hospice Of Davidson County North Carolina Inc Lexington, NC | $15,902,327 | $9,451,306 |
Carolina Community Care Inc Rock Hill, SC | $10,300,639 | $7,789,638 |
Hospice And Palliative Care Of The Piedmont Inc Greenwood, SC | $6,221,561 | $7,422,323 |