HOSPICE CARE OF MIDDLETOWN INC

EIN: 743131974 501(c)(3) Human Services

MIDDLETOWN, OH

Total Revenue
$4,835,444
Total Expenses
$4,405,427
Total Assets
$5,457,605
Net Assets
$5,155,161
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
OH
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 ABOUT 53 PATIENTS PER DAY.

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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 $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
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
40
Volunteers
44

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
5
$112,497
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
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
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