THE CENTER FOR HOSPICE & PALLIATIVE CARE INC

EIN: 310952866 501(c)(3) Human Services

MISHAWAKA, IN

Total Revenue
$16,889,710
Total Expenses
$19,937,897
Total Assets
$56,841,773
Net Assets
$54,399,468
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
IN
Principal Officer
KARL HOLDERMAN
Phone
5742433100
Tax Period
2024-01-01 to 2024-12-31

THE CENTER FOR HOSPICE & PALLIATIVE CARE INC, founded in 1978, is a mid-sized nonprofit in the Human Services sector that reported $16.9M in total revenue in fiscal year 2024. Expenses of $19.9M exceeded revenue, resulting in a 18% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE HOSPICE AND HOME HEALTH CARE TO PATIENTS AND THEIR FAMILIES, AS WELL AS GRIEF COUNSELING AND COMMUNITY EDUCATION THROUGH A NINE COUNTY SERVICE AREA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,257
Program Service Revenue $16,425,705
Investment Income $399,284
Other Revenue $60,464
TOTAL REVENUE $16,889,710

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,723,467
Fundraising Expenses $0
Program Expenses $17,103,165
Other Expenses $5,214,430
TOTAL EXPENSES $19,937,897

Year-over-Year Comparison

2024 2023 Change
Revenue $16,889,710 $17,313,476 0.0%
Expenses $19,937,897 $20,726,854 0.0%
Net Income $-3,048,187 $-3,413,378 -0.1%
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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
256
Volunteers
300

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
2
$566,258
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARISSA MISNER MEDICAL DIRECTOR 40.00
Highest
$339,054 $8,261 $347,315
JOEL COHEN PHYSICIAN 40.00
Highest
$297,280 $7,300 $304,580
JOHN MASTROJOHN III CEO 35.00
Officer
$295,044 $8,436 $355,546
KARL HOLDERMAN VP CFO 35.00
Officer
$173,347 $6,774 $210,712
CHRISTINE MADLEM DIRECTOR OF NURSING 40.00
Highest
$131,361 $2,871 $134,232
LAURA LETHBRIDGE CASE MANAGER 40.00
Highest
$108,934 $1,189 $110,123
CATHERINE BENNETT NURSE PRACTITIONER 40.00
Highest
$123,007 $4,412 $127,419
DIANE KRILL DIRECTOR 0.00
Director
$0 $0 $0
DALE PATTERSON MD DIRECTOR 0.00
Director
$0 $0 $0
ANDY MURRAY DIRECTOR 0.00
Director
$0 $0 $0
TERRY RODINO DIRECTOR 0.00
Director
$0 $0 $0
JODI SPATARO DIRECTOR 0.00
Director
$0 $0 $0
MATTHEW ANDERSON DIRECTOR 0.00
Director
$0 $0 $0
CINDY KILGORE DIRECTOR 0.00
Director
$0 $0 $0
BUNMI OKANLAMI MD DIRECTOR 0.00
Director
$0 $0 $0
JEFFREY WYSONG DIRECTOR 0.00
Director
$0 $0 $0
TIM PORTOLESE FOUNDATION CHAIR 0.00
Director
$0 $0 $0
ROLAND W CHAMBLEE JR SECRETARY 0.00
Director
$0 $0 $0
BRIAN HUBER MD TREASURER 0.00
Director
$0 $0 $0
KEVIN MURPHY VICE CHAIR 0.00
Director
$0 $0 $0
KURT JANOWSKY CHAIR 0.00
Director
$0 $0 $0
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 $16,889,710 $19,937,897 $56,841,773 $-3,048,187
2023 $17,313,476 $20,726,854 $58,335,236 $-3,413,378
2022 $17,923,509 $19,950,334 $59,208,642 $-2,026,825
2021 $22,025,754 $20,683,231 $67,458,449 $1,342,523
2020 $24,278,111 $21,345,168 $63,595,718 $2,932,943
2019 $23,400,834 $21,597,879 $56,561,180 $1,802,955
2018 $22,662,962 $20,105,832 $50,109,477 $2,557,130
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