HOSPARUS INC HOSPARUS HEALTH

EIN: 610921718 501(c)(3) Human Services

LOUISVILLE, KY

Total Revenue
$95,639,731
Total Expenses
$89,023,702
Total Assets
$119,378,883
Net Assets
$102,124,480
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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
KY
Principal Officer
LAUREN WILSON
Phone
5024566200
Tax Period
2024-01-01 to 2024-12-31

HOSPARUS INC HOSPARUS HEALTH, founded in 1978, is a mid-sized nonprofit in the Human Services sector that reported $95.6M in total revenue in fiscal year 2024. Expenses of $89.0M left a modest 7% surplus.

Mission

THE MISSION OF HOSPARUS IS TO ASSIST IN THE MEETING OF PHYSICAL, PSYCHOLOGICAL, SOCIAL, AND SPIRITUAL NEEDS OF TERMINALLY ILL PERSONS, AND THEIR FAMILIES, REGARDLESS OF THEIR ABILITY TO PAY.

Program Service Accomplishments

Program 1
Expenses: $70,809,042 Revenue: $90,391,017

HOSPICE SERVICES: FOR 40 YEARS, HOSPARUS INC., D/B/A HOSPARUS HEALTH, IS A DULLY ACCREDITED HOSPICE AND PALLIATIVE CARE ORGANIZATION OFFERING GRIEF COUNSELING, PAIN MANAGEMENT AND MUCH MORE FOR...

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HOSPICE SERVICES: FOR 40 YEARS, HOSPARUS INC., D/B/A HOSPARUS HEALTH, IS A DULLY ACCREDITED HOSPICE AND PALLIATIVE CARE ORGANIZATION OFFERING GRIEF COUNSELING, PAIN MANAGEMENT AND MUCH MORE FOR PEOPLE FACING SERIOUS LIFE-LIMITING ILLNESSES IN KENTUCKY AND INDIANA. HOSPARUS HEALTH HAS OVER 800 EMPLOYEES AND 500 VOLUNTEERS WHO CARE FOR MORE THAN 8,600 PATIENTS AND THEIR FAMILIES PER YEAR. HOSPICE AND PALLIATIVE CARE IS THE PREMIER MODEL FOR QUALITY, COMPASSIONATE CARE FOR PEOPLE FACING LIFE-LIMITING ILLNESS OR INJURY. OUR CARE INVOLVES TREATMENT THAT ENHANCE A PATIENT'S COMFORT AND QUALITY OF LIFE. CARE ALSO ADDRESSES THE PATIENT'S AND THEIR FAMILY'S EMOTIONAL AND SPIRITUAL NEEDS. ALL SERVICES ARE DELIVERED WHEREVER A PATIENT CALLS HOME, 24 HOURS A DAY, 7 DAYS A WEEK. CARE LOCATIONS INCLUDE A FAMILY RESIDENCE, A NURSING HOME, AN ASSISTED LIVING FACILITY, AN INPATIENT UNIT OR A HOSPITAL. OUR SERVICES INCLUDE: PAIN CONTROL AND CONTROL OF SYSMPTOMS SUCH AS NAUSEA, VOMITING, SHORTNESS OF BREATH, AND RESTLESSNESS. WE PROVIDE MEDICATION MANAGEMENT AND PERSONAL CARE SUCH AS BATHING, SKIN CARE, LIGHT HOUSEKEEPING, COUNSELING, AND SPIRITUAL CARE. INTERDISCIPLINARY TEAMS OF HOSPICE AND PALLIATIVE CARE STAFF INCLUDE BOARD CERTIFIED PHYSICIANS, ADVANCED NURSE PRACTITIONERS, REGISTERED NURSES, CERTIFIED NURSING ASSISTANTS, GRIEF COUNSELORS AND SOCIAL WORKERS, CHAPLAINS, AND VOLUNTEERS. HOSPARUS INC. OPERATES AN INPATIENT CARE CENTER AT THE NOTON HEALTHCARE PAVILION (27 BEDS) IN LOUISVILLE, KY. THE CENTER OFFERS PATIENTS SHORT-TERM CARE IN PRIVATE ROOMS TO TREAT CHRONIC PAIN AND OTHER SYMPTOMS ASSOCIATED WITH LIFE-LIMITING ILLNESSES NOT RESPONSIVE TO HOME CARE, SUCH AS RESPIRATORY DISTRESS, END-STAGE CARDIAC SYMPTOMS, NAUSEA, AND VOMITING.

Program 2
Expenses: $825,719 Revenue: $3,583

BEREAVEMENT/GRIEF COUNSELING SERVICES: OUR HOSPARUS GRIEF COUNSELING CENTER, WITH OFFICES IN THE BARREN RIVER AREA, CENTRAL KENTUCKY, THE LOUISVILLE REGION, AND SOUTHERN INDIANA, OFFERS TEH AREA MOST...

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BEREAVEMENT/GRIEF COUNSELING SERVICES: OUR HOSPARUS GRIEF COUNSELING CENTER, WITH OFFICES IN THE BARREN RIVER AREA, CENTRAL KENTUCKY, THE LOUISVILLE REGION, AND SOUTHERN INDIANA, OFFERS TEH AREA MOST COMPREHENSIVE PROGRAMS AND SERVICES FOR THOSE STRUGGLING WITH LOSS. PROGRAMS INCLUDE: INDIVIDUAL AND FAMILY COUNSELING; PROGRAMS AND CLASSES FOR ADULTS; EDUCATION MATERIAL REGARDING GRIEF AND LOSS; CONTINUING EDUCATION PROGRAMS FOR PROFESSIONALS; AND ANNUAL MEMORIAL EVENTS. THESE PROGRAMS HELP GRIEVING PEOPLE UNDERSTAND THIER GRIEF EXPERIENCES AND PROVIDE THEM WITH PRACTICAL AND HELPFUL TOOLS FOR COPING WITH LOSS. HOSPARUS FAMILIES MAY ACCESS THESE SERVICES AT NO CHARGE TO THEM FOR UP TO 13 MONTHS FOLLOWING DEATH. THE GRIEF COUNSELING CENTER PROVIDED AN ESTIMATED 837 ADULT INDIVIDUAL AND FAMILY COUNSELING SESSIONS AND AN ESTIMATED 97 CHILD COUNSELING SESSION DURING 2024 FOR HOSPICE BEREAVEMENT.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,514,690
Program Service Revenue $89,802,058
Investment Income $1,600,918
Other Revenue $722,065
TOTAL REVENUE $95,639,731

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $63,535,301
Fundraising Expenses $2,176,127
Program Expenses $71,634,761
Other Expenses $25,483,401
TOTAL EXPENSES $89,023,702

Year-over-Year Comparison

2024 2023 Change
Revenue $95,639,731 $91,411,936 +0.0%
Expenses $89,023,702 $84,750,660 +0.1%
Net Income $6,616,029 $6,661,276 0.0%
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
12
Independent Members
12
Employees
772
Volunteers
570

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
$643,630
Total Directors
12
$0
Key Employees
5
$2,111,575
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHERI GLASS CHAIR (BEGINING APRIL 2024) 0.50
Officer Director
$0 $0 $0
STEPHANIE LIVERS CHAIR ELECT (BEGINING APRIL 2024 0.50
Officer Director
$0 $0 $0
BECKY PHILLIPS TREASURER 0.50
Officer Director
$0 $0 $0
LYNN BYNUM SECRETARY 0.50
Officer Director
$0 $0 $0
KEVIN WARDELL IMMEDIATE PAST CHAIR (APRIL 2024) 0.50
Officer Director
$0 $0 $0
LISA BOTTORFF DIRECTOR 0.50
Director
$0 $0 $0
NANDIP KOTHARI DIRECTOR 0.50
Director
$0 $0 $0
PAUL LOHEIDE MD DIRECTOR 0.50
Director
$0 $0 $0
PHILIP MOLESTINA DIRECTOR 0.50
Director
$0 $0 $0
WILLIAM SUMMERS DIRECTOR 0.50
Director
$0 $0 $0
JAMES WATSON DIRECTOR 0.50
Director
$0 $0 $0
CATHY ZION DIRECTOR 0.50
Director
$0 $0 $0
DAVID W COOK PRESIDENT/CEO 40.00
Officer
$607,751 $35,879 $643,630
BETHANY SNIDER SR VICE PRESIDENT/CMO 40.00
Key Emp
$505,594 $17,716 $523,310
LYNN FIELDHOUSE SR VICE PRESIDENT/ CHEIF LEGAL OFFICER 40.00
Key Emp
$422,562 $25,177 $447,739
SHARON A TANKERSLEY SR VICE PRESIDENT/ CHEIF FINANCIAL OFFICER 40.00
Key Emp
$376,509 $41,000 $417,509
TAWANDA OWSLEY SR. VP/ CHIEF MARKETING AND DEVELOPMENT OFFICER 40.00
Key Emp
$347,762 $26,714 $374,476
MELISSA M MERRIFIELD SR VICE PRESIDENT/CHIEF HUMAN RESOURCES OFFICER 40.00
Key Emp
$322,199 $26,342 $348,541
DUSTIN W DILLON MEDICAL DIRECTOR OF PALLATIVE SERVICES 8.00
Highest
$0 $29,592 $413,369
LORI A EARNSHAW SR HOSPICE & PALLIATIVE MEDICINE PHYSICIAN 40.00
Highest
$364,518 $28,961 $393,479
ROBERT C LUCAS SR HOSPICE & PALLIATIVE MEDICINE PHYSICIAN 40.00
Highest
$322,121 $24,860 $346,981
ANDREW M LALLY HOSPICE & PALLIATIVE MEDICINE PHYSICIAN 40.00
Highest
$322,135 $29,592 $351,727
TYLER S MCQUEEN HOSPICE & PALLIATIVE MEDICINE PHYSICIAN 40.00
Highest
$315,190 $26,022 $341,212
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 $95,639,731 $89,023,702 $119,378,883 $6,616,029
2023 $91,411,936 $84,750,660 $110,553,822 $6,661,276
2022 $86,782,362 $78,779,968 $96,955,475 $8,002,394
2021 $85,297,636 $74,928,084 $92,813,151 $10,369,552
2020 $81,533,957 $74,667,896 $83,627,731 $6,866,061
2019 $81,396,504 $76,679,109 $72,118,324 $4,717,395
2018 $85,960,949 $79,575,538 $62,929,348 $6,385,411
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