HOSPICE OF LUBBOCK INC

EIN: 752133781 501(c)(3) Human Services

RENTON, WA

Total Revenue
$14,101,850
Total Expenses
$13,470,019
Total Assets
$26,568,957
Net Assets
$24,819,176
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
TX
Principal Officer
JEREMY L BROWN MD
Phone
8067952751
Tax Period
2023-01-01 to 2023-12-31

HOSPICE OF LUBBOCK INC, founded in 1986, is a mid-sized nonprofit in the Human Services sector that reported $14.1M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $13.5M left a modest 4% surplus.

Mission

AS EXPRESSIONS OF GOD'S HEALING LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.

Program Service Accomplishments

Program 1
Expenses: $13,421,848 Revenue: $13,365,543

AT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND...

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AT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND MAKING OUR SERVICES MORE CONVENIENT, ACCESSIBLE AND AFFORDABLE FOR ALL. IN AN INCREASINGLY UNCERTAIN WORLD, WE ARE COMMITTED TO HIGH-QUALITY, COMPASSIONATE CARE FOR EVERYONE - REGARDLESS OF COVERAGE OR ABILITY TO PAY. WE HELP PEOPLE AND COMMUNITIES BENEFIT FROM THE BEST HEALTH CARE MODEL FOR THE FUTURE - TODAY.TOGETHER, OUR 117,000 CAREGIVERS (ALL EMPLOYEES) SERVE IN 51 HOSPITALS, 1,000 CLINICS AND A COMPREHENSIVE RANGE OF HEALTH AND SOCIAL SERVICES ACROSS ALASKA, CALIFORNIA, MONTANA, NEW MEXICO, OREGON, TEXAS AND WASHINGTON. THE PROVIDENCE FAMILY INCLUDES:-PROVIDENCE ACROSS SEVEN WESTERN STATES-COVENANT HEALTH IN WEST TEXAS-PROVIDENCE FACEY MEDICAL FOUNDATION IN LOS ANGELES, CA-KADLEC IN SOUTHEAST WASHINGTON-PACIFIC MEDICAL CENTERS IN SEATTLE, WA-SWEDISH HEALTH SERVICES IN SEATTLE, WA AS A COMPREHENSIVE HEALTH CARE ORGANIZATION, WE ARE SERVING MORE PEOPLE, ADVANCING BEST PRACTICES AND CONTINUING OUR MORE THAN 100-YEAR TRADITION OF SERVING THE POOR AND VULNERABLE. DELIVERING SERVICES ACROSS SEVEN STATES, PROVIDENCE IS COMMITTED TO TOUCHING MILLIONS OF MORE LIVES AND ENHANCING THE HEALTH OF THE AMERICAN WEST TO TRANSFORM CARE FOR THE NEXT GENERATION AND BEYOND. THROUGH COMMUNITY BENEFIT PROGRAMS AND OTHER HIGH-IMPACT INVESTMENTS, WE WORK TO ENSURE BASIC HEALTH NEEDS ARE MET AND SERVE TO REMOVE BARRIERS TO CARE, BUILD COMMUNITY RESILIENCE AND INNOVATE FOR THE FUTURE. MINISTRIES AND AFFILIATES SUPPORT ORGANIZATIONS, PROGRAMS AND INITIATIVES THAT IMPROVE HEALTH AND WELL-BEING AND INCREASE EQUITABLE ACCESS TO QUALITY CARE AT THE COMMUNITY LEVEL AND AT SCALE ACROSS SEVEN STATES. WE ARE PROUD OF OUR HISTORY AND CONTINUED COMMITMENT TO HELPING BUILD A MORE EQUITABLE, SUSTAINABLE FUTURE. OUR STEADFAST COMMITMENT TO RESPONDING TO COMMUNITY NEED IS ONE OF THE MANY WAYS MINISTRIES, AFFILIATES AND CAREGIVERS LIVE OUT OUR SHARED MISSION AND CONTINUE TO SERVE AS A VITAL SAFETY NET FOR THOSE WHO ARE VULNERABLE. FOR MORE INFORMATION GO TO: HTTPS://WWW.PROVIDENCE.ORG/ABOUT/ANNUAL-REPORT ENVIRONMENTAL, SOCIAL, AND GOVERNANCE STANDARDSPROVIDENCE CONTINUES TO EXECUTE ON OUR INTEGRATED STRATEGIC AND FINANCIAL PLAN, WHICH CLEARLY EXPRESSES OUR COMMITMENT AND ACCELERATION OF THE IMPORTANT WORK TO ADDRESS SOCIAL, RACIAL, AND ECONOMIC DISPARITIES AND REDUCE OUR CARBON FOOTPRINT IN THE COMMUNITIES WE SERVE. PROVIDENCE ADVANCES PROGRESS ON OUR CARBON NEGATIVE GOAL AND IN 2023 WE ESTIMATED THAT WE DECREASED EMISSIONS BY OVER 12 PERCENT COMPARED TO OUR 2019 BASELINE. IN ADDITION, OUR EFFORTS LED TO THE INTRODUCTION OF THE GREEN HOSPITALS ACT, LEGISLATION MODELED AFTER PROVIDENCE THAT WOULD PROVIDE CRITICAL FEDERAL FUNDING TO WEATHERIZE AND MODERNIZE HEALTH CARE FACILITIES. PROVIDENCE COMPLETED A COMPREHENSIVE CLIMATE RESILIENCE PLAN IN ALIGNMENT WITH OUR COMMITMENT TO THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES CLIMATE PLEDGE. WE CONTINUE TO REDUCE GREENHOUSE GAS EMISSIONS WITH A FOCUS ON LED LIGHTING UPGRADES, WATER CONSERVATION, MORE EFFICIENT DELIVERY OF NITROUS OXIDE GAS DURING ANESTHESIA, AND ADVANCING OUR WASTE OPTIMIZATION WORK ACROSS ALL HOSPITALS AND CLINICS.PROGRAM SERVICE ACCOMPLISHMENTSGROUNDED IN OUR COMMITMENT TO COMMUNITY HOSPICE OF LUBBOCK IS ONE OF ONLY TWO NON-PROFIT HOSPICES IN OUR SERVICE AREA. HOSPICE OF LUBBOCK IS STILL THE ONLY HOSPICE PROVIDER IN THE REGION TO CARE FOR PEDIATRIC PATIENTS. THE AGENCY WAS INCORPORATED IN JULY 1986 AND BEGAN ADMITTING PATIENTS IN OCTOBER 1987.WHILE THE LARGEST PERCENTAGE OF OUR PATIENTS WERE SERVED IN LUBBOCK COUNTY THIS FISCAL YEAR, HOSPICE OF LUBBOCK SERVED TERMINALLY ILL PATIENTS AND THEIR FAMILIES WITH CARE AND SUPPORT IN THE MAJORITY OF THE SURROUNDING COUNTIES.THE MAJORITY OF HOSPICE PATIENTS WERE SERVED IN THEIR HOMES BUT SERVICES ARE PROVIDED IN NURSING HOMES, ASSISTED LIVING FACILITIES, HOSPITALS, AS WELL AS OTHER FACILITIES.HOSPICE OF LUBBOCK PATIENTS ARE REFERRED BY PHYSICIANS. WHILE THE MAJORITY OF PATIENTS WERE FUNDED BY MEDICARE, FUNDING IS ALSO RECEIVED BY MEDICAID, PRIVATE INSURANCE, SELF PAY AS WELL AS UNFUNDED PATIENTS.FOR MORE INFORMATION ON HOSPICE OF LUBBOCK GO TO:WWW.COVENANTHEALTH.ORG/HOSPICE-OF-LUBBOCK/FOR MORE INFORMATION ABOUT PROVIDENCE, PLEASE VISIT WWW.PROVIDENCE.ORG

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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 $153,496
Program Service Revenue $13,365,543
Investment Income $579,701
Other Revenue $3,110
TOTAL REVENUE $14,101,850

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,223,785
Fundraising Expenses $0
Program Expenses $13,421,848
Other Expenses $8,246,234
TOTAL EXPENSES $13,470,019

Year-over-Year Comparison

2023 2022 Change
Revenue $14,101,850 $12,861,412 +0.1%
Expenses $13,470,019 $12,558,669 +0.1%
Net Income $631,831 $302,743 +1.1%
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
10
Independent Members
9
Employees
78
Volunteers
43

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
$1,177,762
Total Directors
10
$447,504
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEREMY L BROWN MD EXEC DIRECTOR/CEO/MEDICAL DIRECTOR 54.00
Officer Director
$0 $72,052 $447,504
BRAD AGEE BOARD MEMBER/SECR. - THRU 12/31/23 1.00
Director
$0 $0 $0
BRADLEY WHITE BOARD MEMBER 0.50
Director
$0 $0 $0
KAREN GIIBSON BOARD MEMBER/CHAIR 1.00
Director
$0 $0 $0
KYLE PHILLIPS BOARD MEMBER 0.50
Director
$0 $0 $0
LAURA STORY BOARD MEMBER 0.50
Director
$0 $0 $0
LISA ROBERTSON BOARD MEMBER/VICE CHAIR 1.00
Director
$0 $0 $0
MARILY MURFEE BOARD MEMBER 0.50
Director
$0 $0 $0
PATTY FREIER BOARD MEMBER 0.50
Director
$0 $0 $0
TIANA HAYSLIP BOARD MEMBER 0.50
Director
$0 $0 $0
MELONIE PIPES CFO - THRU 10/23 14.00
Officer
$0 $32,497 $256,989
JENNIFER BRYAN CFO (PART YEAR) 8.00
Officer
$0 $40,067 $235,862
KATHLEEN BURRELL SECR. CHIEF GOVERNANCE OFF. (PT YR) 7.50
Officer
$0 $31,334 $193,718
LINDZI TIMBERLAKE SECRETARY - THRU 3/23 0.50
Officer
$0 $3,401 $43,689
CASSANDRA JUSTUS HOSPICE CARE MANAGER RN 50.00
Highest
$161,646 $53,706 $215,352
NATALIE PATRIDGE LEAD HOSPICE CARE MGR RN 50.00
Highest
$147,273 $22,375 $169,648
LAURA SAWYER MANAGER HOSPICE RN 50.00
Highest
$134,621 $31,997 $166,618
LESLIE MAUL NURSE PRACTITIONER 50.00
Highest
$118,274 $29,912 $148,186
CINDY LAND DIRECTOR HOSPICE RN 50.00
Highest
$122,793 $23,888 $146,681
JAMES KELLY FRMR OFF. - VP SENIOR CORP COUNSEL 0.00
$0 $104,422 $808,682
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 $14,101,850 $13,470,019 $26,568,957 $631,831
2022 $12,861,412 $12,558,669 $23,660,402 $302,743
2021 $12,394,038 $11,693,704 $23,034,161 $700,334
2020 $12,324,623 $11,520,387 $19,914,487 $804,236
2019 $11,058,168 $10,755,033 $14,497,726 $303,135
2018 $9,803,559 $8,788,267 $10,929,681 $1,015,292
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