Civic Intelligence

Hospice-Vnsw Wphc Inc.

990 • Fiscal year 2020 • EIN 13-3634734

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 08, 2021

1025 WESTCHESTER AVENUE Suite 200White Plains, NY 10604

(914) 682-1484

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

44th percentile

0.17x

Higher debt load relative to assets than 44% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

28th percentile

0.13x

Higher debt load relative to revenue than 28% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

66th percentile

11%

Higher net margin than 66% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

65th percentile

$224,407

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

73rd percentile

19%

Faster asset growth than 73% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

61st percentile

7.2%

Faster revenue growth than 61% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$7,266,633

Up $1,165,182 (+19%) from 2019

Net Assets

Up

$6,062,532

Up $1,405,988 (+30%) from 2019

Liabilities

Down

$1,204,101

Down $240,806 (-17%) from 2019

Revenue

Up

$9,626,774

Up $643,858 (+7.2%) from 2019

Expenses

Down

$8,519,702

Down $510,975 (-5.7%) from 2019

Net Income

Up

$1,107,072

Up $1,154,833 (+2418%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $6,573,401Liabilities 2011: $1,487,162Net Assets 2011: $5,086,2392011Assets 2012: $6,722,678Liabilities 2012: $1,904,593Net Assets 2012: $4,818,0852012Assets 2013: $6,409,685Liabilities 2013: $1,367,353Net Assets 2013: $5,042,3322013Assets 2014: $6,218,527Liabilities 2014: $1,762,372Net Assets 2014: $4,456,1552014Assets 2015: $5,990,307Liabilities 2015: $2,191,482Net Assets 2015: $3,798,8252015Assets 2016: $5,722,709Liabilities 2016: $1,867,293Net Assets 2016: $3,855,4162016Assets 2017: $6,266,715Liabilities 2017: $1,862,076Net Assets 2017: $4,404,6392017Assets 2018: $5,817,642Liabilities 2018: $1,637,655Net Assets 2018: $4,179,9872018Assets 2019: $6,101,451Liabilities 2019: $1,444,907Net Assets 2019: $4,656,5442019Assets 2020: $7,266,633Liabilities 2020: $1,204,101Net Assets 2020: $6,062,5322020Assets 2021: $7,508,393Liabilities 2021: $1,246,455Net Assets 2021: $6,261,9382021Assets 2022: $6,957,372Liabilities 2022: $1,930,606Net Assets 2022: $5,026,7662022Assets 2023: $7,366,382Liabilities 2023: $1,740,085Net Assets 2023: $5,626,2972023Assets 2024: $9,188,012Liabilities 2024: $3,396,584Net Assets 2024: $5,791,4282024

Highlighted filing

2020

Assets$7,266,633
Liabilities$1,204,101
Net Assets$6,062,532

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $11,180,886Expenses 2011: $11,007,578Net Income 2011: $173,3082011Revenue 2012: $11,220,341Expenses 2012: $11,639,456Net Income 2012: -$419,1152012Revenue 2013: $11,145,995Expenses 2013: $11,134,235Net Income 2013: $11,7602013Revenue 2014: $10,682,453Expenses 2014: $11,106,176Net Income 2014: -$423,7232014Revenue 2015: $10,538,176Expenses 2015: $11,152,353Net Income 2015: -$614,1772015Revenue 2016: $10,213,612Expenses 2016: $10,371,999Net Income 2016: -$158,3872016Revenue 2017: $10,936,875Expenses 2017: $10,721,451Net Income 2017: $215,4242017Revenue 2018: $10,335,424Expenses 2018: $10,201,125Net Income 2018: $134,2992018Revenue 2019: $8,982,916Expenses 2019: $9,030,677Net Income 2019: -$47,7612019Revenue 2020: $9,626,774Expenses 2020: $8,519,702Net Income 2020: $1,107,0722020Revenue 2021: $8,068,324Expenses 2021: $8,122,262Net Income 2021: -$53,9382021Revenue 2022: $8,147,554Expenses 2022: $8,030,422Net Income 2022: $117,1322022Revenue 2023: $7,847,855Expenses 2023: $7,932,256Net Income 2023: -$84,4012023Revenue 2024: $9,283,859Expenses 2024: $9,112,447Net Income 2024: $171,4122024

Highlighted filing

2020

Revenue$9,626,774
Expenses$8,519,702
Net Income$1,107,072
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 8, 2021
Return Version
2020v4.1
Gross Receipts
$10,706,062
Mission and Program Overview

Mission

Hospice of westchester is committed to providing compassionate end of life care. We combine the highest level of quality medical care with emotional and spiritual support enabling individuals and their loved ones to make the most of each day. The organization provides physical, psychosocial, medical and spiritual care wherever patients reside, including private homes, assisted living residences, nursing homes or hospitals. Working with primary care physicians, the organization provides a team of experts that includes a medical director, nurses, social workers, counselors, volunteers and home health aides. All staff are trained in compassionate end-of-life care and support.

See schedule o - page 45 & 46

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,594,633$5,080,482▲ $485,849
Savings and Temporary Cash Investments$476,946$890,438▲ $413,492
Accounts Receivable$707,958$758,058▲ $50,100
Cash and Non-Interest-Bearing Accounts$100,991$301,939▲ $200,948
Land, Buildings, and Equipment, Net$168,306$174,631▲ $6,325
Prepaid Expenses and Deferred Charges$25,124$45,820▲ $20,696
Pledges and Grants Receivable$21,000$15,265▼ $5,735
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$6,101,451$7,266,633▲ $1,165,182
Other Assets Total$6,493$0▼ $6,493
Liabilities
Accounts Payable and Accrued Expenses$1,444,907$1,204,101▼ $240,806
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,444,907$1,204,101▼ $240,806
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,722,574$5,178,871▲ $1,456,297
Net Assets With Donor Restrictions$933,970$883,661▼ $50,309
Total Net Assets Fund Balance$4,656,544$6,062,532▲ $1,405,988
Total Liabilities and Net Assets / Fund Balance$6,101,451$7,266,633▲ $1,165,182

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$143,163$595,192$738,355
Leasehold Improvements$31,468$36,628$68,096
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary K SpenglerChief Executive OfficerFT$204,948$229$204,948
Carol Townsend RossDirector of Clinical ServicesFT$155,230$17,050$155,459
Timothy J RiordanDirector of FinanceFT$140,490$396$140,886
Mary Pat BardenPatient Care CoordinatorFT$120,760$10,246$131,006

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
St Cabrini Nursing HomeNursing Home115 BROADWAY, Dobbs Ferry, NY 10522$756,188
Sarah Neuman Nursing HomeNursing Home845 PALMER AVE, Mamaroneck, NY 10543$237,364
People Care Westchester INCHome Care Agency116 WEST 32ND ST, New York, NY 10001$214,836
Osborn Home CareHome Care Agency101 THEALL ROAD, Rye, NY 10580$182,690
Andrus On HudsonNursing Home185 OLD BROADWAY, Hustins On Hudson, NY 10706$172,366
Revenue and Support

Revenue Composition

Contributions and Grants
$1,958,810
Program Service Revenue
$7,316,809
Investment Income
$317,988
Other Revenue
$33,167
All Other Contributions
$375,957
Change in Net Assets
$1,107,072

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,574,619
Revenue Not Reported on Financial Statements
$52,155
Revenue Not Reported on Form 990
$326,484
Total Revenue per Audited Statements
$9,901,103
Total Revenue per Form 990
$9,626,774
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,888,058
Other Expenses$3,631,644
Total Fundraising Expense$82,764
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,965,480$548,792$58,116$3,572,388
Fees for Services Other$608,684$85,503-$694,187
Other Employee Benefits$390,826$99,248$7,659$497,733
Current Officers, Directors, Trustees, and Key Employees-$381,220-$381,220
Payroll Taxes$214,435$64,662$4,202$283,299
Occupancy$210,110$63,358$4,118$277,586
Information Technology$26,608$138,495-$165,103
Pension Plan Contributions$129,128$21,759$2,531$153,418
Office Expenses$26,509$107,751$239$134,499
All Other Expenses$6,096$110,876$5,739$122,711
Travel$74,561$121$160$74,842
Advertising-$59,219-$59,219
Depreciation Depletion$40,501$13,006-$53,507
Fees for Service Investment Mgmnt Fees-$52,155-$52,155
Insurance$50,850--$50,850
Fees for Services Accounting-$48,000-$48,000
Fees for Services Legal-$19,484-$19,484
Conferences and Meetings-$10,689-$10,689
Other Expenses$8,444--$8,444
Interest$510--$510
Total Functional Expenses$6,612,600$1,824,338$82,764$8,519,702

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$8,519,702
Total Expenses per Audited Statements$8,495,115
Expenses per Audited Statements$8,467,547
Expenses Not Reported on Financial Statements$52,155
Expenses Not Reported on Form 990$27,568
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$60,695
Fundraising Direct Expenses$27,568
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$60,695$60,695$1,845$58,850
In Celebration$34,646---
Total Events$95,341$60,695$27,568$33,127
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Michael Palumbo MDChief Medical OfficerSee Schedule ONo$166,114

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Line 12C

The organization has a conflict of interest policy in place to address any and all conflicts that arise, are reported or are otherwise discovered. On an annual basis, all members of the board of directors along with certain members of the management team and other employees are provided a current copy of the policy and are also required to complete a conflict of interest questionnaire. These questionnaires are reviewed by the board chair of the organization to identify the number, magnitude and nature of all disclosed conflicts. Any conflicts are then referred to the board of directors for discussion and resolution, as necessary.

Part VI, Section B, Line 15A

The policy principles utilized in determining the compensation of the CHIEF EXECUTIVE officer are as follows: 1. A salary survey based upon salary comparisons among individuals in similar positions from other Hospice agencies as well as with other not for profit Medicare certified agencies. the board monitors and ensures that the Executive compensation continues to be commensurate with the employee's skills, abilities and experience. 2. The annual increase in compensation is reviewed against the budget expectations developed by the Board, the outcomes and objectives of the strategic plan and the quality of patient care that contributes to the achievement of the Organization's mission and goals. 3. The evaluation process provides the individual with constructive comments that enable them to develop professionally and improve performance.

Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements of the organization are made available to the public upon request.

Part VI, Section B, Line 11B

The board of directors of the organization has delegated responsibility for reviewing The Form 990 to the Audit Committee of the organization. A copy of the Form 990 was reviewed by the audit committee of the organization and provided to the Board of Directors prior to submission.

Part VI, Section A, Line 7A

The organization was established as a cooperative effort of its founding sponsors, visiting nurse services in westchester, inc. (vnsw) and white plains hospital center (wphc). The board of directors of the organization consists of equal members nominated and approved by its founding sponsors.

Filing and Contact Details

Filer

Filer Name
Hospice - Vnswwphc Inc
EIN
13-3634734
In Care Of
% TIMOTHY RIORDAN
Phone
9146821484
Address
1025 WESTCHESTER AVENUE Suite 200, WHITE PLAINS, NY 10604

Signing Officer

Name
Mary Spengler
Title
CEO
Phone
9146821484
Signed
2021-10-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Spengler
Formed
1991
Legal Domicile
Ny
Voting Board Members
16
Independent Board Members
15
Employees
68
Volunteers
18

Preparer

Firm
Withumsmithbrownpc
Address
331 NEWMAN SPRINGS RD STE 125, RED BANK, NJ 07701-6765
Preparer
Michael a Serluco CPA
Phone
7328423113
Supplemental Narrative

Additional Explanations

PART 1, Line 1

Hospice of westchester is committed to providing compassionate end of life care. We combine the highest level of quality medical care with emotional and spiritual support enabling individuals and their loved ones to make the most of each day.

Schedule L, Part IV

michael palumbo, m.d. is employed as the executive vice president/chief medical officer at white plains hospital center (WPHC). Amounts paid by the organization to WPHC for inpatient and respite care were $166,114.

Financial Statement Notes

Part XI, Line 2D

Special events expenses $ 27,568 (990, part viii, line 8b)

Part XII, Line 2D

Special events expenses $ 27,568 (990, part viii, line 8b)

Part X, LINE 2

THE FOLLOWING REPRESENTS THE FIN 48 (ASC 740) FOOTNOTE DISCLOSURE INCLUDED IN THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2020 ANd 2019: THE ORGANIZATION EVALUATES UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH PROFESSIONAL ACCOUNTING STANDARDS. THE ORGANIZATION HAS DETERMINED THAT NO UNRECOGNIZED TAX BENEFITS EXIST AS OF DECEMBER 31, 2020 AND 2019 AND DOES NOT EXPECT THIS DETERMINATION TO CHANGE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. THE ORGANIZATION HAS NOT INCURRED ANY INCOME TAX RELATED PENALTIES OR INTEREST FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019. SHOULD ANY SUCH PENALTIES AND INTEREST BE INCURRED, THE ORGANIZATION'S POLICY WOULD BE TO RECOGNIZE THEM AS OPERATING EXPENSES.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR OF CLINICAL SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt3PATIENT CARE COORDINATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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IRS990/MissionDesc0HOSPICE OF WESTCHESTER IS COMMITTED TO PROVIDING COMPASSIONATE END OF LIFE CARE. WE COMBINE THE HIGHEST LEVEL OF QUALITY MEDICAL CARE WITH EMOTIONAL AND SPIRITUAL SUPPORT ENABLING INDIVIDUALS AND THEIR LOVED ONES TO MAKE THE MOST OF EACH DAY. THE ORGANIZATION PROVIDES PHYSICAL, PSYCHOSOCIAL, MEDICAL AND SPIRITUAL CARE WHEREVER PATIENTS RESIDE, INCLUDING PRIVATE HOMES, ASSISTED LIVING RESIDENCES, NURSING HOMES OR HOSPITALS. WORKING WITH PRIMARY CARE PHYSICIANS, THE ORGANIZATION PROVIDES A TEAM OF EXPERTS THAT INCLUDES A MEDICAL DIRECTOR, NURSES, SOCIAL WORKERS, COUNSELORS, VOLUNTEERS AND HOME HEALTH AIDES. ALL STAFF ARE TRAINED IN COMPASSIONATE END-OF-LIFE CARE AND SUPPORT.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.19$3.40$5.79$9.28$9.11$0.17
2023Detailed filing. Detailed filing data is available for this year.$7.37$1.74$5.63$7.85$7.93$0.08
2022Detailed filing. Detailed filing data is available for this year.$6.96$1.93$5.03$8.15$8.03$0.12
2021Detailed filing. Detailed filing data is available for this year.$7.51$1.25$6.26$8.07$8.12$0.05
2020Detailed filing. Detailed filing data is available for this year.$7.27$1.20$6.06$9.63$8.52$1.11
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$6.10$1.44$4.66$8.98$9.03$0.05
2018Detailed filing. Detailed filing data is available for this year.$5.82$1.64$4.18$10.3$10.2$0.13
2017Detailed filing. Detailed filing data is available for this year.$6.27$1.86$4.40$10.9$10.7$0.22
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.72$1.87$3.86$10.2$10.4$0.16
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.99$2.19$3.80$10.5$11.2$0.61
2014Detailed filing. Detailed filing data is available for this year.$6.22$1.76$4.46$10.7$11.1$0.42
2013Detailed filing. Detailed filing data is available for this year.$6.41$1.37$5.04$11.1$11.1$0.01
2012Summary only. Only limited summary data is available for this year.$6.72$1.90$4.82$11.2$11.6$0.42
2011Summary only. Only limited summary data is available for this year.$6.57$1.49$5.09$11.2$11.0$0.17