Hospice Of The Valley Inc
- Assets
- $3.4m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 60
- Location
- Decatur, AL
- Founding
- 09/1985
- Data as of
- 12/2022
- EIN
- 63-0877006
Organization Overview
Hospice Of The Valley Inc is located in Decatur, AL. The organization was established in 1985. According to its NTEE Classification (P74) the organization is classified as: Hospices, under the broad grouping of Human Services and related organizations. As of 12/2022, Hospice Of The Valley Inc employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hospice Of The Valley 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 12/2022, Hospice Of The Valley Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $4.1m during the year ending 12/2022. While expenses have increased by 0.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOSPICE CARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSPICE OF THE VALLEY PROVIDES HOSPICE CARE TO PATIENTS AND THEIR FAMILIES. HOSPICE IS A SPECIAL KIND OF CARE DESIGNED TO PROVIDE SENSITIVE SUPPORT TO INDIVIDUALS IN THE FINAL STAGES OF A LIFE-THREATENING ILLNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connie Schultz CEO | Officer | 40 | $86,782 |
Angela Casciano Board Member | Trustee | 1 | $0 |
Destiny Fowler Board Member | Trustee | 1 | $0 |
Alicia Hamman Board Member | Trustee | 1 | $0 |
Haley Iverson Board Member | Trustee | 1 | $0 |
Robin Jackson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $371,707 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $371,707 |
| Total Program Service Revenue | $4,215,294 |
| Investment income | $4,394 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,616,795 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $600 |
| 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 | $2,189,284 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $386,611 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $491,652 |
| Travel | $0 |
| 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 | $137,143 |
| Insurance | $0 |
| All other expenses | $459,070 |
| Total functional expenses | $4,146,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,440,142 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $373,044 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,287 |
| Prepaid expenses and deferred charges | $55,918 |
| Net Land, buildings, and equipment | $1,508,994 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $41,635 |
| Total assets | $3,422,020 |
| Accounts payable and accrued expenses | $199,456 |
| 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 | $41,126 |
| Total liabilities | $240,582 |
| Net assets without donor restrictions | $3,181,438 |
| Net assets with donor restrictions | $0 |
| 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 | $3,422,020 |
Grants Awarded
Over the last fiscal year, Hospice Of The Valley Inc has awarded $472,601 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PALLIATIVE CARE PARTNERS INC | | | $35,242 |
HOSPICE OF THE VALLEY FOUNDATION | | | $437,359 |