MONTGOMERY HOSPICE INC

EIN: 521114719 501(c)(3) Human Services

ROCKVILLE, MD

Total Revenue
$26,848,459
Total Expenses
$31,632,581
Total Assets
$42,434,609
Net Assets
$37,777,556
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
MD
Principal Officer
SCOTT THELEN
Phone
3019214400
Tax Period
2023-01-01 to 2023-12-31

MONTGOMERY HOSPICE INC, founded in 1979, is a mid-sized nonprofit in the Human Services sector that reported $26.8M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $31.6M exceeded revenue, resulting in a 18% operating deficit.

Mission

TO GENTLE THE JOURNEY THROUGH SERIOUS ILLNESS AND LOSS WITH SKILL AND COMPASSION. TO BRING COMFORT BY PROVIDING COMPASSIONATE, PROFESSIONAL CARE TO COMMUNITY RESIDENTS WHO ARE FACING SERIOUS ILLNESS AND LOSS. TO PROVIDE DIGNITY FOR THE DYING AND UNCONDITIONAL COMPASSION THROUGH DEDICATION, AND COLLABORATION.

Program Service Accomplishments

Program 1
Expenses: $29,007,291 Revenue: $23,765,259

HOSPICE CARE: THE ORGANIZATION PROVIDES SPECIALIZED MEDICAL AND PSYCHOSOCIAL END-OF-LIFE CARE TO MONTGOMERY AND PRINCE GEORGE'S COUNTY, MARYLAND RESIDENTS OF ALL AGES WHO ARE LIVING WITH A LIFE...

Read more

HOSPICE CARE: THE ORGANIZATION PROVIDES SPECIALIZED MEDICAL AND PSYCHOSOCIAL END-OF-LIFE CARE TO MONTGOMERY AND PRINCE GEORGE'S COUNTY, MARYLAND RESIDENTS OF ALL AGES WHO ARE LIVING WITH A LIFE LIMITING ILLNESS. PATIENTS (AND THEIR FAMILIES) ARE CARED FOR IN HOMES, EXTENDED CARE FACILITIES AND AT CASEY HOUSE, ITS INPATIENT HOSPICE FACILITY. TEAMS OF DOCTORS, NURSE PRACTITIONERS, NURSES, SPIRITUAL COUNSELORS, SOCIAL WORKERS, CERTIFIED NURSING ASSISTANTS, COMPLEMENTARY THERAPISTS, BEREAVEMENT COUNSELORS AND VOLUNTEERS WORK TOGETHER TO PROVIDE COMFORT CARE CUSTOMIZED FOR EACH PATIENT. MONTGOMERY HOSPICE INC. PROVIDES CONSULTATIVE PALLIATIVE CARE (PALLIATIVE MEDICINE CONSULTUNTS) PROVIDED BY DOCTORS, NURSE PRACTITIONORS, SOCIAL WORKERS AND SPRITUAL COUNSELORS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,410,279
Program Service Revenue $23,624,932
Investment Income $672,921
Other Revenue $140,327
TOTAL REVENUE $26,848,459

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,052,315
Fundraising Expenses $434,815
Program Expenses $29,007,291
Other Expenses $7,580,266
TOTAL EXPENSES $31,632,581

Year-over-Year Comparison

2023 2022 Change
Revenue $26,848,459 $30,142,333 -0.1%
Expenses $31,632,581 $29,653,889 +0.1%
Net Income $-4,784,122 $488,444 -10.8%
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

Sign In

Governance

Voting Members
16
Independent Members
15
Employees
340
Volunteers
175

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
6
$311,861
Total Directors
16
$311,861
Key Employees
3
$704,648
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANN MITCHELL PRESIDENT & CEO 40.00
Officer Director
$295,507 $16,354 $311,861
DAVID SCHRIER CHIEF MEDICAL OFFICER 40.00
Key Emp
$267,770 $37,294 $305,064
ANN LICHTENSTEIN ASSOCIATE MEDICAL OFFICER 40.00
Highest
$240,035 $36,153 $276,188
LISSA BERROA GARCIA PHYSICIAN 32.00
Highest
$194,371 $15,381 $209,752
JENNIFER PLUDE CHIEF CLINICAL OFFICER 40.00
Key Emp
$195,124 $7,517 $202,641
VAISHNAVI PREMKUMAR PHYSICIAN 40.00
Highest
$185,479 $15,025 $200,504
MARLENE BRADFORD CHIEF ADVANCEMENT OFFICER 40.00
Key Emp
$185,003 $11,940 $196,943
CORNELIA STRONG VP OF QUALITY & COMPLIANCE 40.00
Highest
$141,118 $34,659 $175,777
SOFIA MONTEBLANCO PHYSICIAN 40.00
Highest
$149,758 $1,358 $151,116
DIANE K KUWAMURA CHAIRMAN 1.00
Officer Director
$0 $0 $0
DAWN E DOEBLER VICE CHAIR 1.00
Officer Director
$0 $0 $0
CHRISTOPHER N PALMER SECRETARY 1.00
Officer Director
$0 $0 $0
JUSTIN G REAVES TREASURER 1.00
Officer Director
$0 $0 $0
ELMA M LEVY IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
REV JAMES E BONEY DIRECTOR 1.00
Director
$0 $0 $0
ANGELA GRAHAM DIRECTOR 1.00
Director
$0 $0 $0
DEBORAH PERHAM HOPSON DIRECTOR 1.00
Director
$0 $0 $0
SHADY JADALI DIRECTOR 1.00
Director
$0 $0 $0
AJA JERE JENKINS DIRECTOR 1.00
Director
$0 $0 $0
FRANCISCO NUGENT DIRECTOR 1.00
Director
$0 $0 $0
CECILIA M OTERO DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE Q PROFIT DIRECTOR 1.00
Director
$0 $0 $0
DEVANG SHAH DIRECTOR 1.00
Director
$0 $0 $0
SHOBHANA SHARMA DIRECTOR 1.00
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
2024 No data No data No data No data
2023 $26,848,459 $31,632,581 $42,434,609 $-4,784,122
2022 $30,142,333 $29,653,889 $43,787,259 $488,444
2021 $34,846,951 $28,258,698 $47,002,540 $6,588,253
2020 $36,887,354 $30,740,754 $45,336,363 $6,146,600
2019 $29,637,765 $29,700,258 $31,633,056 $-62,493
2018 $33,252,859 $28,919,431 $30,036,201 $4,333,428
Explore More Nonprofits
→Top 100 Nonprofits in Maryland →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MONTGOMERY HOSPICE INC with other nonprofits in Maryland and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.