Joliet, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Joliet Area Community Hospice Corp, founded in 1982, is a mid-sized nonprofit in the Human Services sector that reported $42.0M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $6.6M, a strong 16% operating margin.
THE MISSION OF THE LIGHTWAYS HOSPICE AND SERIOUS ILLNESS CARE IS TO PROVIDE COMPREHENSIVE, HOLISTIC, COMMUNITY BASED SUPPORT SERVICES AND CARE FOR TERMINALLY ILL PERSONS, THEIR CAREGIVERS AND LOVED ONES WITHOUT REGARD TO ECONOMIC STATUS, TO ENABLE THE DYING PERSON TO LIVE PEACEFULLY, IN COMFORT, AND WITH DIGNITY TO THE LAST MOMENT OF LIFE.
Lightways Hospice and Serious Illness Care delivers a coordinated program of support, services, and compassionate care for adults and children facing serious or terminal illness across eleven...
Lightways Hospice and Serious Illness Care delivers a coordinated program of support, services, and compassionate care for adults and children facing serious or terminal illness across eleven counties in Illinois. Care is provided in patients' homes, nursing facilities, and in a 24-bed inpatient hospice unit. In 2024, Lightways supported: - 2,795 patients through hospice care (including both adults and children) - 136 pediatric patients through its specialized non-hospice Pediatric Palliative Care Program - 701 individuals and families through grief counseling - 21 children through the annual Kids Grief Camp In addition, the Serious Illness Care Program provided 3,269 home visits, while 1,066 patients benefited from integrative therapies such as massage, music, and child life services. Lightways also invested more than $2.7 million in charity care and uncompensated services to ensure access for vulnerable populations. This included: - $288,000 in audited charity care - $776,000 for pediatric palliative care - $125,000 for child life specialists - $234,000 for nurse navigators - $803,000 for integrative therapies - $217,000 for non-reimbursed inpatient room and board - $174,000 for community bereavement services - $55,000 for community education - $25,000 in room rentals This comprehensive approach reflects Lightways' mission to provide compassionate, expert care and support to patients and families-regardless of age, diagnosis, or ability to pay.
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 | $41,962,246 | $38,337,079 | +0.1% |
| Expenses | $35,362,243 | $32,301,714 | +0.1% |
| Net Income | $6,600,003 | $6,035,365 | +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 |
|---|---|---|---|---|---|---|
| Bryan Niehaus | TREASURER | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Karen Isberg Sorbero | CHAIR | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Leslie Rienzie-Barry | SECRETARY | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Nannette Alton-Labus | IMMEDIATE PAST CHAIR | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Rob Stanek | VICE CHAIR | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Alyssa Knoderer | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| Bishop Warren C Dorris | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| Helen Ross | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| Jane Wetterling Clifford | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| Jaya Varghese | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| JD Wright | DIRECTOR (Retired October 2024) | 1.0 |
Director
|
$0 | $0 | $0 |
| Kristin Mulvey | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| Mary Jaworski | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Michael Mutterer | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| William Benoit | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| Anne Van Oost | Chief Financial Officer through January 2024 | 40.0 |
Officer
|
$20,197 | $808 | $21,005 |
| Cynthia Brassea | Chief Operating Officer | 40.0 |
Officer
|
$191,405 | $18,925 | $210,330 |
| Mary K Sheehan | CEO | 40.0 |
Officer
|
$251,932 | $9,459 | $261,391 |
| Steven Crockett | Chief Financial Officer | 40.0 |
Officer
|
$179,841 | $18,329 | $198,170 |
| Dr Muhamad Krad | Medical Director | 40.0 |
Key Emp
|
$664,872 | $13,800 | $678,672 |
| Erin Flanagan Hardies | Pediatric Hospice & Palliative Care Physician | 40.0 |
Highest
|
$197,306 | $21,169 | $218,475 |
| Julie D Mulhollan | Senior Director of Operations | 40.0 |
Highest
|
$143,316 | $9,782 | $153,098 |
| Kathleen Peterson | Senior Director of Marketing | 40.0 |
Highest
|
$145,136 | $5,800 | $150,936 |
| Maureen Gorszczyk | Nurse Practioner | 40.0 |
Highest
|
$125,180 | $19,166 | $144,346 |
| Paola Molina | Associate Medical Director | 40.0 |
Highest
|
$148,904 | $2,004 | $150,908 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $41,962,246 | $35,362,243 | $63,606,725 | $6,600,003 |
| 2023 | $38,337,079 | $32,301,714 | $56,569,414 | $6,035,365 |
| 2022 | $29,798,917 | $28,070,662 | $48,925,309 | $1,728,255 |
| 2021 | $29,848,676 | $25,866,919 | $49,346,001 | $3,981,757 |
| 2020 | $30,232,844 | $24,394,056 | $45,016,086 | $5,838,788 |
| 2019 | $26,250,875 | $21,870,666 | $37,209,069 | $4,380,209 |
| 2018 | $24,702,821 | $21,429,515 | $30,319,705 | $3,273,306 |
Compare Joliet Area Community Hospice Corp with other nonprofits in Illinois and across the country.