Hospice of Marion County Inc

EIN: 592214796 501(c)(3) Human Services

LAKEWOOD RANCH, FL

Total Revenue
$49,454,800
Total Expenses
$46,656,267
Total Assets
$56,033,829
Net Assets
$52,127,127
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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
FL
Phone
3528737400
Tax Period
2023-10-01 to 2024-09-30

Hospice of Marion County Inc, founded in 1981, is a mid-sized nonprofit in the Human Services sector that reported $49.5M in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $46.7M left a modest 6% surplus.

Mission

HOSPICE OF MARION COUNTY (HMC) PROVIDES END-OF-LIFE CARE AND SERVICES TO RESIDENTS OF ALL AGES, REGARDLESS OF THEIR ABILITY TO PAY.

Program Service Accomplishments

Program 1
Expenses: $37,464,242 Revenue: $45,351,513

HOSPICE OF MARION COUNTY PROVIDES COMFORT CENTERED CARE TO RESIDENTS OF MARION COUNTY WITH ADVANCING ILLNESS (A PROGNOSIS OF 6 MONTHS OR LESS). WE COORDINATE AN EXTENSIVE PLAN OF CARE OVERSEEN BY AN...

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HOSPICE OF MARION COUNTY PROVIDES COMFORT CENTERED CARE TO RESIDENTS OF MARION COUNTY WITH ADVANCING ILLNESS (A PROGNOSIS OF 6 MONTHS OR LESS). WE COORDINATE AN EXTENSIVE PLAN OF CARE OVERSEEN BY AN INTERDISCIPLINARY TEAM OF MEDICAL PROFESSIONALS, INCLUDING PHYSICIANS, NURSES, CERTIFIED NURSING ASSISTANTS, SOCIAL WORKERS, CHAPLAINS, PHARMACISTS, BEREAVEMENT FACILITATORS AND TRAINED VOLUNTEERS, WHO ADDRESS THE PATIENT'S PHYSICAL, EMOTIONAL, PSYCHOLOGICAL, SOCIAL AND SPIRITUAL NEEDS. THE HOSPICE TEAM GUIDES PATIENTS AND THEIR FAMILIES THROUGH THE DIFFICULTIES OF DEALING WITH A LIFE-LIMITING ILLNESS BY PROVIDING COMPASSIONATE CARE IN ONE'S OWN HOME, IN ONE OF OUR THREE HOSPICE HOUSES, ASSISTED LIVING FACILITIES, NURSING HOMES OR ANYWHERE A PATIENT CALLS HOME.

Program 2
Expenses: $1,608,540 Revenue: $1,884,756

OUR FAMILY OF COMPANIES FORM A CONTINUUM OF CARE CENTERED ON THE INDIVIDUAL PATIENT'S AND FAMILY'S NEEDS. HOSPICE OF MARION COUNTY'S AFFILIATED COMPANIES, FLORIDA PALLIATIVE EQUIPMENT LLC D/B/A...

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OUR FAMILY OF COMPANIES FORM A CONTINUUM OF CARE CENTERED ON THE INDIVIDUAL PATIENT'S AND FAMILY'S NEEDS. HOSPICE OF MARION COUNTY'S AFFILIATED COMPANIES, FLORIDA PALLIATIVE EQUIPMENT LLC D/B/A ACCENT MEDICAL (DURABLE MEDICAL EQUIPMENT COMPANY) AND THE CENTER FOR COMPREHENSIVE PALLIATIVE CARE (CCPC) CONSULTING PRACTITIONER PROGRAM ARE BOTH WHOLLY OWNED LLCS AND COMPLEMENT THE PARENT COMPANY'S OFFERINGS, SHARING IN ITS COMMITMENT TO THE HIGHEST STANDARDS OF EXCELLENCE FOR PATIENTS, RESIDENTS, AND THEIR FAMILIES. CCPC WAS THE ONLY PALLIATIVE CONSULTING COMPANY IN THE NATION RECOGNIZED FOR EXCELLENCE AND AS A MODEL FOR OTHERS BY THE NATIONAL CONSENSUS PROJECT FOR ITS EXPERT MANAGEMENT OF PAIN AND SYMPTOMS FOR PATIENTS AT ANY STAGE IN THEIR ILLNESS IN THE HOSPITAL SETTING; THAT CARE HAS EXTENDED TO FACILITIES AND SOME HOME VISITS. THE COORDINATED RELATIONSHIPS BETWEEN OUR COMPANIES ENSURE AN EXCEPTIONAL RANGE OF SERVICES WHICH OFTEN REDUCES COSTS AND OFFERS CONSISTENCY OF CARE. EACH COMPANY IS A DISTINCT LLC WITHIN ITS AREA OF EXPERTISE, STAFF AND MANAGEMENT.

Program 3
Expenses: $912,023 Revenue: $0

HOSPICE OF MARION COUNTY OFFERS NUMEROUS OPPORTUNITIES TO ENHANCE COMMUNITY EDUCATION, GRIEF SUPPORT AND CAREGIVER RESOURCES. WHEN A FAMILY IS OVERWHELMED BY THE NEWS OF ADVANCING ILLNESS, OUR STAFF...

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HOSPICE OF MARION COUNTY OFFERS NUMEROUS OPPORTUNITIES TO ENHANCE COMMUNITY EDUCATION, GRIEF SUPPORT AND CAREGIVER RESOURCES. WHEN A FAMILY IS OVERWHELMED BY THE NEWS OF ADVANCING ILLNESS, OUR STAFF IS STANDING BY TO ASSIST WITH THE NECESSARY INFORMATION AND CONNECTIONS TO HELP OTHERS MAKE INFORMED DECISIONS THAT ARE BEST FOR THEIR FAMILY. OUR ANCILLARY PROGRAMS INCLUDE A PRE-HOSPICE PROGRAM, TRANSITIONS, NANCY RENYHART CENTER FOR DEMENTIA EDUCATION TO TRAIN THE CARE GIVERS OF THOSE SUFFERING WITH DEMENTIA, TELEMONITORING UNITS IN THE HOME, FAITH-BASED TRAININGS, LIVING WITH CHRONIC DISEASE WORKSHOPS, GRIEF SEMINARS AND BEREAVEMENT CAMP FOR YOUNGSTERS AGED 5-12 AND TEENS ALL SUPPORTED BY GENEROUS DONATIONS THUS AVAILABLE AT NO CHARGE TO THE PUBLIC. OUR GOAL IS TO ENLIGHTEN THE PUBLIC BY DEMYSTIFYING THE ROLE OF HOSPICE CARE TO ENCOURAGE EARLIER REFERRALS SO THAT EVERY PATIENT IN MARION COUNTY MAY LIVE LIFE TO THE FULLEST, DESPITE THE ADVANCEMENT OF SERIOUS 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 $234,611
Program Service Revenue $47,121,966
Investment Income $1,881,904
Other Revenue $216,319
TOTAL REVENUE $49,454,800

Expense Breakdown

Grants Paid $0
Salaries & Benefits $28,248,576
Fundraising Expenses $0
Program Expenses $39,984,805
Other Expenses $18,407,691
TOTAL EXPENSES $46,656,267

Year-over-Year Comparison

2023 2022 Change
Revenue $49,454,800 $31,399,417 +0.6%
Expenses $46,656,267 $31,672,534 +0.5%
Net Income $2,798,533 $-273,117 -11.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
398
Volunteers
550

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
7
$1,781,371
Total Directors
13
$0
Key Employees
1
$329,727
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNA HEATH SECRETARY 1.0
Officer Director
$0 $0 $0
MICHAEL TORRES MD TREASURER 1.0
Officer Director
$0 $0 $0
MICHELLE STONE CHAIR-ELECT 1.0
Officer Director
$0 $0 $0
RICH LARKIN CHAIRMAN 1.0
Officer Director
$0 $0 $0
CARLES TOBON BOARD MEMBER 1.0
Director
$0 $0 $0
DIANA HOLDER BOARD MEMBER 1.0
Director
$0 $0 $0
HEATHER SMITH BOARD MEMBER 1.0
Director
$0 $0 $0
JAMES CHICKLO MD BOARD MEMBER 1.0
Director
$0 $0 $0
JEFFREY SAUEY BOARD MEMBER 1.0
Director
$0 $0 $0
JIM HILTY PAST CHAIRMAN 1.0
Director
$0 $0 $0
JOAN RECTOR BOARD MEMBER 1.0
Director
$0 $0 $0
KENNETH DALEY BOARD MEMBER 1.0
Director
$0 $0 $0
RICHARD RIVERA BOARD MEMBER 1.0
Director
$0 $0 $0
CHRISTY HENDRICKS EMPATH CHIEF LEGAL OFFICER 1.0
Officer
$0 $38,110 $418,963
JONATHAN FLEECE EMPATH CEO/PRESIDENT 1.0
Officer
$0 $48,894 $876,727
SAIDA BOUHAMID EMPATH CHIEF FINANCIAL OFFICER 1.0
Officer
$0 $38,556 $485,681
MERY J LOSSADA CHIEF MEDICAL OFFICER 40.0
Key Emp
$303,952 $25,775 $329,727
AXEL MARTINEZ MEDICAL DIRECTOR 40.0
Highest
$226,068 $11,232 $237,300
DAVID SWIFT PHARMACIST 40.0
Highest
$159,171 $5,959 $165,130
JEREMY JOSE OLLOQUI MEDICAL DIRECTOR 40.0
Highest
$229,313 $0 $229,313
TAMARA LOPEZ DIAZ MEDICAL DIRECTOR 40.0
Highest
$209,695 $14,044 $223,739
VILMARIE VELEZ DIAZ MEDICAL DIRECTOR 40.0
Highest
$254,116 $7,270 $261,386
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 $49,454,800 $46,656,267 $56,033,829 $2,798,533
2023 $31,399,417 $31,672,534 $33,494,741 $-273,117
2022 $38,923,193 $40,437,181 $45,601,306 $-1,513,988
2021 $46,746,154 $37,830,460 $47,078,260 $8,915,694
2020 $42,336,001 $38,162,587 $45,083,771 $4,173,414
2019 $44,710,692 $36,460,573 $35,827,991 $8,250,119
2018 $36,224,393 $34,004,550 $26,789,711 $2,219,843
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