HOSPICE OF THE CHESAPEAKE INC

EIN: 521181448 501(c)(3)

PASADENA, MD

Total Revenue
$37,812,934
Total Expenses
$42,535,777
Total Assets
$25,281,349
Net Assets
$16,853,368
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
MD
Principal Officer
BECKY MILLER
Phone
4109872003
Tax Period
2023-01-01 to 2023-12-31

HOSPICE OF THE CHESAPEAKE INC, founded in 1979, is a mid-sized nonprofit that reported $37.8M in total revenue in fiscal year 2023. Expenses of $42.5M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO IMPROVE THE QUALITY OF LIFE FOR THOSE IN OUR COMMUNITIES EXPERIENCING ADVANCED ILLNESS OR BEREAVEMENT THROUGH HOSPICE AND OTHER PALLATIVE CARE, COMPASSIONATE SUPPORT AND EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $31,437,394 Revenue: $33,973,656

HOSPICE PROGRAM - AN INTERDISCIPLINARY TEAM OF PHYSICIANS, NURSES, SOCIAL WORKERS, CERTIFIED NURSING ASSISTANTS, COUNSELLORS, CHAPLAINS AND SPECIALLY TRAINED VOLUNTEERS WORK WITH THE HOSPICE ELIGIBLE...

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HOSPICE PROGRAM - AN INTERDISCIPLINARY TEAM OF PHYSICIANS, NURSES, SOCIAL WORKERS, CERTIFIED NURSING ASSISTANTS, COUNSELLORS, CHAPLAINS AND SPECIALLY TRAINED VOLUNTEERS WORK WITH THE HOSPICE ELIGIBLE PATIENTS AND THEIR CAREGIVERS TO COORDINATE A PLAN OF CARE. AMONG ITS MAJOR RESPONSIBILITIES, THE INTERDISCIPLINARY HOSPICE TEAM MANAGES THE PATIENT'S PAIN AND SYMPTOMS; ASSISTS THE PATIENT WITH THE EMOTIONAL AND PSYCHOSOCIAL AND SPIRITUAL ASPECTS OF DYING; PROVIDES NEEDED DRUGS, MEDICAL SUPPLIES, AND EQUIPMENT; COACHES THE FAMILY ON HOW TO CARE FOR THE PATIENT; AND PROVIDES BEREAVEMENT CARE AND COUNSELLING TO SURVIVING FAMILY AND FRIENDS. HOSPICE CARE IS PROVIDED FROM BIRTH TO DEATH REGARDLESS OF AGE, RACE OR ETHNICITY.

Program 2
Expenses: $3,218,629 Revenue: $2,717,951

PATIENT CARE CENTERS - PROVIDES CARE, ROOM AND BOARD TO ELIGIBLE HOSPICE PATIENTS IN RESIDENTIAL AND GENERAL INPATIENT ENVIRONMENTS.

Program 3
Expenses: $2,522,371 Revenue: $896,197

CHESAPEAKE SUPPORTIVE CARE - SUPPORTS HOSPICE PROGRAM WITH PHYSICIAN'S SERVICES AND PROVIDES PALLIATIVE MEDICINE CONSULTATIONS AND CARE TO THOSE LIVING WITH COMPLEX ILLNESS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $37,618,515
Investment Income $134,621
Other Revenue $59,798
TOTAL REVENUE $37,812,934

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,806,093
Fundraising Expenses $0
Program Expenses $37,852,981
Other Expenses $17,729,684
TOTAL EXPENSES $42,535,777

Year-over-Year Comparison

2023 2022 Change
Revenue $37,812,934 $38,956,871 0.0%
Expenses $42,535,777 $42,443,561 +0.0%
Net Income $-4,722,843 $-3,486,690 +0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
24
Independent Members
24
Employees
462
Volunteers
126

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
8
$1,190,055
Total Directors
25
$286,333
Key Employees
2
$333,419
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL BRADY CHIEF EXECUTIVE OFFICER 30.00
Officer Director
$268,823 $17,510 $286,333
BRIAN GIBBONS DIRECTOR 2.00
Director
$0 $0 $0
NANCY SMIT CHAIR 2.00
Officer Director
$0 $0 $0
MICHAEL DESTEFANO DIRECTOR 2.00
Director
$0 $0 $0
JOYCE R PHILLIP DIRECTOR 2.00
Director
$0 $0 $0
CHARLES BAGLEY IV DIRECTOR 2.00
Director
$0 $0 $0
JOHN BELCHER DIRECTOR 2.00
Director
$0 $0 $0
NOEL CERVINO DIRECTOR 2.00
Director
$0 $0 $0
JOANN DECESARIS DIRECTOR 2.00
Director
$0 $0 $0
JAMES HUMPHREY DIRECTOR EMERITUS 2.00
Director
$0 $0 $0
THERESA K HUSSMAN DIRECTOR 2.00
Director
$0 $0 $0
SUE HUFF VICE CHAIR 2.00
Officer Director
$0 $0 $0
DAVID HUNT DIRECTOR 2.00
Director
$0 $0 $0
REV DR JAMES KIRK DIRECTOR EMERITUS 2.00
Director
$0 $0 $0
PATRICIA LEHMANN SECRETARY 2.00
Director
$0 $0 $0
TIM MCDONOUGH DIRECTOR 2.00
Director
$0 $0 $0
CRAIG MUCKLE DIRECTOR 2.00
Director
$0 $0 $0
MARTHA O'HERLIHY DIRECTOR EMERITUS 2.00
Director
$0 $0 $0
EDITH PATTERSON DIRECTOR 2.00
Director
$0 $0 $0
SHELLEY GROSS-WADE DIRECTOR 2.00
Director
$0 $0 $0
GREG KERNAN DIRECTOR 2.00
Director
$0 $0 $0
DAVID WENG DIRECTOR 2.00
Director
$0 $0 $0
RICHARD WILDER DIRECTOR 2.00
Director
$0 $0 $0
ALBERT ZANGER TREASURER 2.00
Officer Director
$0 $0 $0
JASON CHERRY DIRECTOR 2.00
Director
$0 $0 $0
MARNY FETZER CHIEF MEDICAL OFFICER 40.00
Officer
$156,512 $5,929 $162,441
REBECCA MILLER CHIEF OPERATING OFFICER 40.00
Officer
$254,991 $15,933 $270,924
SHAUNA CHABOT CHIEF ADVANCEMENT OFFICER 1.00
Officer
$231,456 $7,144 $238,600
GERALD HILL CHIEF FINANCIAL OFFICER 40.00
Officer
$216,199 $15,558 $231,757
LISA GRIFFEE VP OF QUALITY 40.00
Key Emp
$155,623 $13,762 $169,385
BRAIN BERGER VP OF CONTINUUM OF CARE 40.00
Key Emp
$152,507 $11,527 $164,034
GAYLE WHITMER PHYSICIAN 40.00
Highest
$259,462 $6,515 $265,977
SUSIE KIM PHYSICIAN 40.00
Highest
$236,188 $16,158 $252,346
RACHEL SHERMAN DIRECTOR OF NURSEING 40.00
Highest
$148,570 $21,924 $170,494
KRISTIN WILLIAMS VP OF HOSPICE OPERATIONS 40.00
Highest
$147,540 $11,586 $159,126
JASMINE CREW DIRECTOR OF CLINICAL INTEGRATION 40.00
Highest
$146,409 $3,927 $150,336
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 $37,812,934 $42,535,777 $25,281,349 $-4,722,843
2023 No data No data No data No data
2022 $38,956,871 $41,785,019 $30,085,130 $-2,828,148
2022 $38,956,871 $42,443,561 $29,426,588 $-3,486,690
2021 $43,457,611 $38,510,739 $32,379,002 $4,946,872
2020 $39,615,567 $35,742,665 $31,185,271 $3,872,902
2019 $32,593,382 $34,018,435 $22,793,518 $-1,425,053
2018 $32,037,575 $32,194,421 $24,865,228 $-156,846
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