HOSPICE OF THE CALUMET AREA INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

ADRIANNE MAY

Phone

2199222732

Tax Period

2024-01-01 to 2024-12-31

HOSPICE OF THE CALUMET AREA INC, founded in 1980, is a community nonprofit in the Human Services sector that reported $6.7M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $6.0M left a modest 10% surplus.

Mission

HOSPICE OF THE CALUMET AREA IS A NOT FOR PROFIT ORGANIZATION DEDICATED TO IMPROVING THE QUALITY OF LIFE THROUGH COMPASSIONATE CARE FOR INDIVIDUALS AND FAMILES FACING LIFE-LIMITING ILLNESS.

Program Service Accomplishments

Program 1

Expenses: $5,223,529 Revenue: $3,824,310

HOSPICE OF THE CALUMET AREA PROVIDES FAMILY CENTERED CARE TO ELIGIBLE INDIVIDUALS WITH A LIFE-LIMITING ILLNESS. HOSPICE CARE IS PROVIDED BY AN INTERDISCIPLINARY TEAM INCLUDING DOCTORS, NURSES, SOCIAL WORKERS, COUNSELORS, & TRAINED VOLUNTEERS WHO ADDRESS THE PHYSICAL, EMOTIONAL AND SPIRITUAL NEEDS OF THE PATIENT. 542 HOSPICE PATIENTS WERE CARED FOR IN 2024. SUPPORT SERVICES FOR 311 CLIENTS WITH SERIOUS ILLNESS, BUT NOT YET READY FOR HOSPICE, WERE PROVIDED. IN ADDITION, HOSPICE OF THE CALUMET AREA PROVIDED GRIEF SUPPORT AND EDUCATIONAL PROGRAMS FOR INTERESTED PARTIES THROUGHOUT THE COMMUNITIES WE SERVE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $960,028

Program Service Revenue $3,824,310

Investment Income $1,893,376

Other Revenue $0

TOTAL REVENUE $6,677,714

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,730,097

Fundraising Expenses $128,850

Program Expenses $5,223,529

Other Expenses $1,251,154

TOTAL EXPENSES $5,981,251

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,677,714	$5,735,652	+0.2%
Expenses	$5,981,251	$5,769,427	+0.0%
Net Income	$696,463	$-33,775	-21.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

373

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

$298,574

Total Directors

$114,694

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYLE MUNN MD	DIRECTOR/MEDICAL DIRECTOR	12.00	Director	$111,456	$3,238	$114,694
GENE DIAMOND	PRESIDENT	2.00	Officer Director	$0	$0	$0
R LOUIS GONZALEZ	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
PEYMON TORABI	TREASURER	2.00	Officer Director	$0	$0	$0
KAY NELSON	SECRETARY	2.00	Officer Director	$0	$0	$0
RUTHELLYN BOBAK	DIRECTOR (THRU JUNE 2024)	0.50	Director	$0	$0	$0
LINDA DELUNAS	DIRECTOR	2.00	Director	$0	$0	$0
JANICE DOBRINICH	DIRECTOR (THRU JUNE 2024)	0.50	Director	$0	$0	$0
LINDA EISENHAUER	DIRECTOR (THRU JUNE 2024)	0.50	Director	$0	$0	$0
DONALD FESKO	DIRECTOR	0.50	Director	$0	$0	$0
MITCHELL GAFFIGAN	DIRECTOR	0.50	Director	$0	$0	$0
REBECCA GROVE	DIRECTOR	0.50	Director	$0	$0	$0
WILLIAM A HASSE III	DIRECTOR	0.50	Director	$0	$0	$0
PATTY LAZZARO	DIRECTOR	0.50	Director	$0	$0	$0
JOANNE MARKIEWICZ	DIRECTOR	0.50	Director	$0	$0	$0
FATHER DECLAN MCNICHOLAS	DIRECTOR	0.50	Director	$0	$0	$0
JEFFREY MONBERG	DIRECTOR	0.50	Director	$0	$0	$0
ROCHARDA MOORE MORRIS	DIRECTOR	0.50	Director	$0	$0	$0
RALPH NEFF	DIRECTOR (THRU JUNE 2024)	0.50	Director	$0	$0	$0
DAVID NELLANS	DIRECTOR	0.50	Director	$0	$0	$0
LINDA RANDOLPH	DIRECTOR	0.50	Director	$0	$0	$0
RICHARD REFFKIN	DIRECTOR (THRU JUNE 2024)	0.50	Director	$0	$0	$0
ADRIANNE MAY	CEO	40.00	Officer	$271,290	$27,284	$298,574
DIANE MUSKIN	PT CARE COORDINATOR	40.00	Highest	$147,825	$23,547	$171,372
JOHN DZUROVCIK	RN	45.00	Highest	$100,438	$18,516	$118,954
CATHERINE OSOWSKI	RN	50.00	Highest	$106,249	$22,427	$128,676

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	$6,677,714	$5,981,251	$8,645,525	$696,463
2023	$5,735,652	$5,769,427	$9,004,770	$-33,775
2022	$5,422,831	$5,562,429	$8,822,335	$-139,598
2021	$5,479,034	$5,829,502	$10,082,990	$-350,468
2020	$6,336,862	$6,114,424	$9,690,256	$222,438