Hospitality Homes Inc

EIN: 043204112 501(c)(3) Housing & Shelter

Boston, MA

Total Revenue
$1,344,091
Total Expenses
$1,231,603
Total Assets
$1,809,160
Net Assets
$1,615,042
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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
MA
Principal Officer
Deborah Pepper
Phone
8885954678
Tax Period
2024-01-01 to 2024-12-31

Hospitality Homes Inc, founded in 1993, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.2M left a modest 8% surplus.

Mission

Hospitality Homes provides temporary housing in volunteer host homes and other donated accommodations for families and friends of patients seeking care at Boston-Area medical centers. Hospitality Homes' unique, homeaway-from-home lodging option has provided a caring response as well as relief from emotional and financial challenges for these individuals and families.

Program Service Accomplishments

Program 1
Expenses: $911,102 Revenue: $134,618

Through its network of close to 120 host homes together with an increasing number of donated apartments and deep relationships with select local partner hotels and corporate furnished apartments...

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Through its network of close to 120 host homes together with an increasing number of donated apartments and deep relationships with select local partner hotels and corporate furnished apartments, Hospitality Homes offers not only a comfortable bed in which to sleep, but also a compassionate presence in an unfamiliar city and a welcoming home to return to for families and friends who spend long days at the hospital, supporting their loved ones. Hospitality Homes is unique among Boston-area hospital housing programs because it is truly inclusive and open to all families, regardless of their income level, background, nationality, ethnicity, religion, gender identity, sexual orientation, ability, age, or diagnosis or medical facility of care. Over 60 percent of the program's guests have annual household incomes under $75,000, and all families are challenged with the high costs associated with serious and/or chronic illness. By providing housing at no-cost or low-cost, Hospitality Homes seeks to alleviate financial constraints and enable families to focus both their financial and emotional resources on their hospitalized loved ones. Many guests report that, without the housing that Hospitality Homes offers, their family members simply would not be able to access the life-saving or life-changing treatment they need.During 2024, we experienced a 24% increase in the number of active hosts compared to 2023, driven by the return to our program of a number of volunteer hosts that paused during the pandemic who not only returned to the program, but also increased the average number of nights they provided. In addition, we recruited 20 new hosts. We increased the number of donated and grant funded apartments from 9 to 17 by continued efforts to seek support from generous individual donors and specific grant providers to assist with our mission of health equity and to fund other non-hosted lodging options for patients with specific needs not appropriate for a host home. Since its inception in 1983, Hospitality Homes has been dedicated to providing housing and emotional support to families traveling to Boston for critical medical care. Over the last decade alone, the organization has demonstrated continued growth and impact, helping over 8,000 patients and providing more than 84,000 nights of lodging. The program has broadened its impact, increasing families served by 279% and nights provided by 231%. Over 40% of guests with long-term treatment needs return for additional nights of lodging. Another key indicator of the organization's success is the financial relief provided to patients. In 2024, Hospitality Homes saved patients about $3.7 million, and over $16 million in the past 10 years alone.

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Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,158,747
Program Service Revenue $134,618
Investment Income $43,504
Other Revenue $7,222
TOTAL REVENUE $1,344,091

Expense Breakdown

Grants Paid $0
Salaries & Benefits $659,998
Fundraising Expenses $129,014
Program Expenses $911,102
Other Expenses $542,305
TOTAL EXPENSES $1,231,603

Year-over-Year Comparison

2024 2023 Change
Revenue $1,344,091 $1,363,043 0.0%
Expenses $1,231,603 $1,085,231 +0.1%
Net Income $112,488 $277,812 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
9
Volunteers
120

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$159,959
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anu Advani Director 1.00
Director
$0 $0 $0
Rich Allred Director 1.00
Director
$0 $0 $0
Peter Barkan Director 1.00
Director
$0 $0 $0
Brett Chatfield Director 1.00
Director
$0 $0 $0
Rob Ettinger Director 1.00
Director
$0 $0 $0
Nevan Clancy Hanumara PhD Director 1.00
Director
$0 $0 $0
Chelsey Huffman Director 1.00
Director
$0 $0 $0
Uma Kaundinya Director 1.00
Director
$0 $0 $0
John Sean M Kenny Director 1.00
Director
$0 $0 $0
Kaarkuzhali Krishnamurthy MD Director 1.00
Director
$0 $0 $0
Monica Lussier MBA PMP Director (End Jan 2024) 1.00
Director
$0 $0 $0
Sara Nochur Director/Immediate Past Chair 1.00
Director
$0 $0 $0
Sinead Oliver Director 1.00
Director
$0 $0 $0
Kevin Orr Director 1.00
Director
$0 $0 $0
Judy E Paradis Director 1.00
Director
$0 $0 $0
Shaivalina Purohit PhD Director 1.00
Director
$0 $0 $0
Monica Fisher Chair 1.00
Officer Director
$0 $0 $0
Ragu Adinarayanan Vice Chair 1.00
Officer Director
$0 $0 $0
Marc Volpe Treasurer 2.00
Officer Director
$0 $0 $0
Leslie Greenfield Secretary 1.00
Officer Director
$0 $0 $0
Deborah Pepper Executive Director/CEO 40.00
Officer
$154,768 $5,191 $159,959
Denise Duclos VP, Director of Program & Operations 40.00
Highest
$102,809 $3,752 $106,561
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,344,091 $1,231,603 $1,809,160 $112,488
2023 $1,363,043 $1,085,231 $1,586,118 $277,812
2022 $1,027,250 $973,645 $1,263,461 $53,605
2021 $887,853 $934,700 $1,224,784 $-46,847
2020 $765,638 $766,611 $1,263,752 $-973
2019 $520,407 $488,887 $1,136,057 $31,520
2018 $503,464 $508,375 $1,033,068 $-4,911
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