Hendrick Hospice Care Inc
- Assets
- $25.7m
- Revenue
- $11.6m
- Investments
- $0.0
- Employees
- 116
- Location
- Abilene, TX
- Founding
- 10/1985
- Data as of
- 08/2023
- EIN
- 75-1835287
Organization Overview
Hendrick Hospice Care Inc is located in Abilene, TX. 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 08/2023, Hendrick Hospice Care Inc employed 116 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hendrick Hospice Care 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 08/2023, Hendrick Hospice Care Inc generated $11.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $11.9m during the year ending 08/2023. While expenses have increased by 5.5% 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
COUNSELING FOR TERMINALLY ILL, INCLUDING BEREAVEMENT COUNSELING, NURSING SERVICES, AND SOCIAL WORK COUNSELING FOR TERMINALLY ILL PERSONS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
BEREAVEMENT COUNSELING, NURSING SERVICES, AND SOCIAL WORK COUNSELING FOR TERMINALLY ILL PERSONS AND THEIR FAMILIES. PROVIDED 51,867 PATIENT DAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Holland President/ceo | OfficerTrustee | 2 | $0 |
Jeremy Walker Chief Financial Officer | OfficerTrustee | 2 | $0 |
Susan Wade Vice President | OfficerTrustee | 2 | $0 |
Brian Bessent Chief Administrative Officer | OfficerTrustee | 2 | $0 |
David Stephenson Vice President | OfficerTrustee | 2 | $0 |
Kirk Canada Assistant Vice President | Officer | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Abilene State Supported Living Cent Inpatient Facility | 8/30/22 | $1,292,943 |
Abilene Snf Llc Inpatient Facility | 8/30/22 | $230,889 |
Coronado Nursing Center Inpatient Facility | 8/30/22 | $136,727 |
Cascade - Abilene Health Services Inpatient Facility | 8/30/22 | $103,092 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $282,897 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $182,895 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $465,792 |
| Total Program Service Revenue | $10,473,555 |
| Investment income | $701,889 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$87,628 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,581,670 |
| 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. | $200,217 |
| Compensation of current officers, directors, key employees. | $39,515 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,804,848 |
| Pension plan accruals and contributions | $149,390 |
| Other employee benefits | $817,044 |
| Payroll taxes | $501,200 |
| Fees for services: Management | $21,150 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,718 |
| Fees for services: Other | $397,859 |
| Advertising and promotion | $25,528 |
| Office expenses | $102,129 |
| Information technology | $117,680 |
| Royalties | $0 |
| Occupancy | $616,793 |
| Travel | $119,067 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $337,049 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $571,452 |
| Insurance | $65,568 |
| All other expenses | $126,318 |
| Total functional expenses | $11,870,448 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300 |
| Savings and temporary cash investments | $511,962 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,454,280 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $26,443 |
| Prepaid expenses and deferred charges | $26,204 |
| Net Land, buildings, and equipment | $599,843 |
| Investments—publicly traded securities | $3,377,726 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,671,985 |
| Total assets | $25,668,743 |
| Accounts payable and accrued expenses | $812,807 |
| 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 | $10,888,820 |
| Total liabilities | $11,701,627 |
| Net assets without donor restrictions | $13,664,492 |
| Net assets with donor restrictions | $302,624 |
| 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 | $25,668,743 |