MISHAWAKA, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
ESTABLISHED IN 1978, THE CENTER FOR HOSPICE CARE (CHC) IS AN INDEPENDENT, COMMUNITY BASED, NOT-FOR-PROFIT ORGANIZATION, IMPROVING THE QUALITY OF LIVING THROUGH HOSPICE, HOME HEALTH, GRIEF COUNSELING, AND COMMUNITY EDUCATION WITH OFFICES IN SOUTH BEND, PLYMOUTH, ELKHART, LA PORTE AND MISHAWAKA. CHC SERVES A NINE-COUNTY AREA IN NORTHERN INDIANA, INCLUDING ELKHART, FULTON, KOSCIUSKO, LAGRANGE, LA PORTE, MARSHALL, ST. JOSEPH, STARKE, AND PORTER COUNTIES. CHC'S MISSION IS TO IMPROVE THE QUALITY OF LIVING THROUGHOUT NORTHERN INDIANA, AND OUR VISION IS TO BE THE PREMIERE HOSPICE AND PALLIATIVE CARE ORGANIZATION FOR ALL END-OF-LIFE ISSUES. OUR CORE VALUES INCLUDE COMPASSION, DIGNITY, INTEGRITY, INNOVATION, QUALITY, SERVICE, AND STEWARDSHIP.
THE CENTER FOR HOSPICE CARE (CHC) IS AN INDEPENDENT, COMMUNITY-BASED, NOT-FOR-PROFIT CORPORATION THAT ACHIEVES ITS MISSION OF "IMPROVING THE QUALITY OF LIVING" BY PROVIDING COMPREHENSIVE HOSPICE...
THE CENTER FOR HOSPICE CARE (CHC) IS AN INDEPENDENT, COMMUNITY-BASED, NOT-FOR-PROFIT CORPORATION THAT ACHIEVES ITS MISSION OF "IMPROVING THE QUALITY OF LIVING" BY PROVIDING COMPREHENSIVE HOSPICE, PALLIATIVE, AND HOME HEALTH CARE SERVICES TO ELIGIBLE PATIENTS AND THEIR FAMILIES, AS WELL AS GRIEF COUNSELING AND COMMUNITY EDUCATION TO ANY INTERESTED PARTIES WITHIN ITS NINE-COUNTY SERVICE AREA. NO PERSON IS EVER TURNED AWAY DUE TO LACK OF INSURANCE OR ABILITY TO PAY, AND CHC PROVIDED SERVICES TO 1,541 PATIENTS DURING 2024. CHC IS SUPPORTED PRIMARILY THROUGH THIRD PARTY REIMBURSEMENTS, APPROXIMATELY 91% OF THE NET PATIENT SERVICE REVENUE CAME FROM THIRD-PARTY REIMBURSEMENTS FOR THE YEAR ENDED DECEMBER 31, 2024. CHC ALSO RECEIVED SUPPORT FROM DONOR CONTRIBUTIONS, BEQUESTS, GRANTS, AND FUNDRAISING ACTIVITIES CONDUCTED THROUGH THE HOSPICE FOUNDATION, A RELATED TAX EXEMPT ORGANIZATION. THE ORGANIZATION DETERMINES EACH PATIENT'S ABILITY TO PAY DURING THE ADMISSION PROCESS. WHEN A PATIENT MEETS CERTAIN CRITERIA, PART OR ALL OF THE PATIENT'S CHARGES ARE DEEMED CHARITY CARE AND ARE NOT COLLECTED BECAUSE THE ORGANIZATION DOES NOT PURSUE COLLECTION OF AMOUNTS DETERMINED TO QUALIFY AS CHARITY CARE. THOSE AMOUNTS ARE EXCLUDED FROM NET PATIENT SERVICE REVENUE. CHARITY CARE CHARGES, AT RATE SIMILAR TO THOSE CHARGED TO PATIENTS AND THIRD PARTIES, APPROXIMATED $1,709,610 FOR THE YEAR ENDED DECEMBER 31, 2024. THE ORGANIZATION ALSO RECEIVES DONATED SERVICES FROM A VARIETY OF UNPAID VOLUNTEERS. THE VALUE OF DONATED SERVICES IS NOT REFLECTED IN THE FINANCIAL INFORMATION REPORTED. THE VALUE OF THE VOLUNTEER HOURS NOT RECOGNIZED APPROXIMATED $252,156 FOR THE YEAR ENDED DECEMBER 31, 2024.
THE CENTER FOR HOSPICE CARE IS THE SOLE MEMBER OF CENTER FOR ADULT DAY SERVICES, LLC, AN ORGANIZATION THAT PROVIDES A STRUCTURED SETTING TO ADULTS WHO NEED HEALTH, SOCIAL, AND SUPPORT SERVICES DURING...
THE CENTER FOR HOSPICE CARE IS THE SOLE MEMBER OF CENTER FOR ADULT DAY SERVICES, LLC, AN ORGANIZATION THAT PROVIDES A STRUCTURED SETTING TO ADULTS WHO NEED HEALTH, SOCIAL, AND SUPPORT SERVICES DURING THE DAY. THE SERVICES PROVIDED TO ADULTS ARE DESIGNED TO MEET THE INDIVIDUAL NEEDS OF FUNCTIONALLY IMPAIRED ADULTS WHO REQUIRE SUPERVISION DURING THE DAY. DURING THE TIME THE OPERATIONS WERE UNDER THE CENTER FOR HOSPICE, 80 ADULTS WERE SERVED.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| 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 |
| 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 |
Compare THE CENTER FOR HOSPICE & PALLIATIVE CARE INC with other nonprofits in Indiana and across the country.