Hudson Valley Hospice Foundation Inc

EIN: 141824200 501(c)(3) Education

Poughkeepsie, NY

Total Revenue
$1,375,028
Total Expenses
$1,627,405
Total Assets
$2,617,620
Net Assets
$2,572,211
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NY
Principal Officer
Michael S Kaminski
Phone
8454732273
Tax Period
2023-01-01 to 2023-12-31

Hudson Valley Hospice Foundation Inc, founded in 2000, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 64% from the prior year, signaling strong growth momentum. Expenses of $1.6M exceeded revenue, resulting in a 18% operating deficit.

Mission

To solicit, invest, and allocate charitable gifts and grants and perform research and community education on behalf on of Hudson Valley Hospice, Inc.

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Trantor Score

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 (2023)

Revenue Breakdown

Contributions & Grants $1,340,731
Program Service Revenue $0
Investment Income $101,762
Other Revenue $-67,465
TOTAL REVENUE $1,375,028

Expense Breakdown

Grants Paid $1,257,953
Salaries & Benefits $0
Fundraising Expenses $230,658
Program Expenses $1,257,953
Other Expenses $369,452
TOTAL EXPENSES $1,627,405

Year-over-Year Comparison

2023 2022 Change
Revenue $1,375,028 $840,893 +0.6%
Expenses $1,627,405 $891,097 +0.8%
Net Income $-252,377 $-50,204 +4.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
17
Independent Members
16
Employees
N/A
Volunteers
16

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
8
$679,679
Total Directors
17
$379,662
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael S Kaminski President/CEO 4.00
Officer Director
$0 $31,354 $379,662
Mark Malone Chair 1.00
Officer Director
$0 $0 $0
Heather Cimorelli Vice Chair 1.00
Officer Director
$0 $0 $0
Joseph Dalvechia Treasurer 1.00
Officer Director
$0 $0 $0
Sally Murphy Secretary 1.00
Officer Director
$0 $0 $0
Colleen Sinon Greco Member 1.00
Director
$0 $0 $0
Helen Rinaudo Member/Chairperson Of Hudson Valley Hospice, Inc. 1.00
Director
$0 $0 $0
Jeffrey Feldman Esq Member/Immediate Past Chair 1.00
Officer Director
$0 $0 $0
Joe Grosse Member 1.00
Director
$0 $0 $0
Kathryn Collins Member 1.00
Director
$0 $0 $0
Kim Kenyon Member 1.00
Director
$0 $0 $0
Loren Rosenthal MD Member 1.00
Director
$0 $0 $0
Margaret Qatani Member 1.00
Director
$0 $0 $0
Mark Trocino Member 1.00
Director
$0 $0 $0
Michelle Barone-Lapore Member 1.00
Director
$0 $0 $0
Nancy Brownell Member 1.00
Director
$0 $0 $0
Vincent Miller Member 1.00
Director
$0 $0 $0
William J Mulvey VP of Finance/CFO 4.00
Officer
$0 $0 $161,749
Lisa Wilson Executive Director 1.00
Officer
$0 $9,125 $138,268
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $1,375,028 $1,627,405 $2,617,620 $-252,377
2022 $840,893 $891,097 $2,827,549 $-50,204
2021 $1,745,058 $594,419 $3,062,671 $1,150,639
2020 $463,693 $289,369 $1,789,763 $174,324
2019 $696,671 $302,915 $1,537,090 $393,756
2018 $385,900 $303,024 $997,353 $82,876
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