HOSPICE CARE OF MIDDLETOWN INC

🔒

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

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

KEITH CLEMENTS

Phone

5134242273

Tax Period

2023-01-01 to 2023-12-31

HOSPICE CARE OF MIDDLETOWN INC, founded in 2005, is a community nonprofit in the Human Services sector that reported $4.8M in total revenue in fiscal year 2023. Expenses of $4.4M left a modest 9% surplus.

Mission

HOSPICE CARE OF MIDDLETOWN CARES FOR TERMINALLY ILL PATIENTS. THE DAILY AVERAGE NUMBER OF PATIENTS RECEIVING CARE IN 2023 WAS 53 PATIENTS PER DAY.

Program Service Accomplishments

Program 1

Expenses: $3,846,397 Revenue: $4,527,512

HOSPICE CARE OF MIDDLETOWN CARES FOR TERMINALLY ILL PATIENTS. THE DAILY AVERAGE NUMBER OF PATIENTS RECEIVING CARE IN 2023 WAS 53 PATIENTS PER DAY.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $129,372

Program Service Revenue $4,526,012

Investment Income $171,385

Other Revenue $8,675

TOTAL REVENUE $4,835,444

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,285,882

Fundraising Expenses $0

Program Expenses $3,846,397

Other Expenses $2,119,545

TOTAL EXPENSES $4,405,427

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,835,444	$4,881,000	0.0%
Expenses	$4,405,427	$3,940,293	+0.1%
Net Income	$430,017	$940,707	-0.5%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$112,497

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNA PRUETT	CHAIR	1.00	Officer Director	$0	$0	$0
BETSY ROSSI	TREASURER	1.00	Officer Director	$0	$0	$0
SARAH KAUP	TRUSTEE	1.00	Director	$0	$0	$0
E RONALD HALE	TRUSTEE	1.00	Director	$0	$0	$0
JESSIE APONTE	TRUSTEE	1.00	Director	$0	$0	$0
RAY KIEFHABER	SECRETARY	1.00	Officer Director	$0	$0	$0
KENT BRADSHAW	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CHUCK INWOOD	TRUSTEE	1.00	Director	$0	$0	$0
JOE MULLIGAN	TRUSTEE	1.00	Director	$0	$0	$0
JON SULENTIC	TRUSTEE	1.00	Director	$0	$0	$0
MIKE SCORTI	TRUSTEE	1.00	Director	$0	$0	$0
VERLENA STEWART	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTOPHER MACK	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM BROCK	TRUSTEE	1.00	Director	$0	$0	$0
KEITH CLEMENTS	PRESIDENT/CEO	40.00	Officer	$107,631	$4,866	$112,497

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	$4,835,444	$4,405,427	$5,457,605	$430,017
2022	$4,881,000	$3,940,293	$4,849,522	$940,707
2021	$3,705,420	$3,198,501	$4,302,536	$506,919
2020	$2,743,832	$2,508,009	$3,533,391	$235,823
2019	$2,258,041	$2,076,865	$3,120,805	$181,176
2018	$2,712,788	$2,274,868	$2,729,821	$437,920