Civic Intelligence

Central Coast Vna & Hospice Inc.

990 • Fiscal year 2015 • EIN 94-1205572

Jan 01, 2015 to Dec 31, 2015 • Filed on May 27, 2016

PO Box 2480Monterey, CA 93942

(831) 372-6668

Siviq Scores

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

Liabilities / Assets

46th percentile

0.24x

Higher debt load relative to assets than 46% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.12x

Higher debt load relative to revenue than 25% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

47th percentile

3.0%

Higher net margin than 47% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

72nd percentile

$362,437

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

66th percentile

5.7%

Faster asset growth than 66% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

58th percentile

6.7%

Faster revenue growth than 58% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Up

$14,253,435

Up $772,083 (+5.7%) from 2014

Net Assets

Up

$10,799,112

Up $598,496 (+5.9%) from 2014

Liabilities

Up

$3,454,323

Up $173,587 (+5.3%) from 2014

Revenue

Up

$28,541,279

Up $1,785,708 (+6.7%) from 2014

Expenses

Up

$27,694,686

Up $3,040,935 (+12%) from 2014

Net Income

Down

$846,593

Down $1,255,227 (-60%) from 2014

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $7,506,833Liabilities 2011: $2,492,301Net Assets 2011: $5,014,5322011Assets 2012: $9,480,764Liabilities 2012: $2,682,636Net Assets 2012: $6,798,1282012Assets 2013: $11,528,466Liabilities 2013: $3,177,539Net Assets 2013: $8,350,9272013Assets 2014: $13,481,352Liabilities 2014: $3,280,736Net Assets 2014: $10,200,6162014Assets 2015: $14,253,435Liabilities 2015: $3,454,323Net Assets 2015: $10,799,1122015Assets 2016: $16,929,891Liabilities 2016: $2,826,828Net Assets 2016: $14,103,0632016Assets 2017: $17,841,325Liabilities 2017: $2,028,657Net Assets 2017: $15,812,6682017Assets 2018: $16,504,059Liabilities 2018: $1,999,096Net Assets 2018: $14,504,9632018Assets 2019: $17,614,552Liabilities 2019: $2,086,627Net Assets 2019: $15,527,9252019Assets 2020: $27,446,591Liabilities 2020: $8,650,491Net Assets 2020: $18,796,1002020Assets 2021: $25,623,763Liabilities 2021: $5,173,289Net Assets 2021: $20,450,4742021Assets 2022: $20,348,198Liabilities 2022: $8,145,380Net Assets 2022: $12,202,8182022Assets 2023: $19,910,325Liabilities 2023: $4,635,206Net Assets 2023: $15,275,1192023Assets 2024: $20,632,962Liabilities 2024: $4,206,643Net Assets 2024: $16,426,3192024

Highlighted filing

2015

Assets$14,253,435
Liabilities$3,454,323
Net Assets$10,799,112

Operations Trend

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

$40M$20M$0-$20MRevenue 2011: $20,315,074Expenses 2011: $21,152,419Net Income 2011: -$837,3452011Expenses 2012: $23,002,2552012Revenue 2013: $24,470,063Expenses 2013: $23,329,566Net Income 2013: $1,140,4972013Revenue 2014: $26,755,571Expenses 2014: $24,653,751Net Income 2014: $2,101,8202014Revenue 2015: $28,541,279Expenses 2015: $27,694,686Net Income 2015: $846,5932015Revenue 2016: $31,364,121Expenses 2016: $28,063,005Net Income 2016: $3,301,1162016Revenue 2017: $30,449,749Expenses 2017: $29,409,674Net Income 2017: $1,040,0752017Revenue 2018: $29,408,420Expenses 2018: $29,941,845Net Income 2018: -$533,4252018Revenue 2019: $30,229,345Expenses 2019: $30,078,387Net Income 2019: $150,9582019Revenue 2020: $34,952,339Expenses 2020: $33,890,849Net Income 2020: $1,061,4902020Revenue 2021: $32,434,238Expenses 2021: $31,912,850Net Income 2021: $521,3882021Revenue 2022: $27,917,753Expenses 2022: $34,210,303Net Income 2022: -$6,292,5502022Revenue 2023: $28,919,362Expenses 2023: $28,283,351Net Income 2023: $636,0112023Revenue 2024: $28,683,904Expenses 2024: $28,288,998Net Income 2024: $394,9062024

Highlighted filing

2015

Revenue$28,541,279
Expenses$27,694,686
Net Income$846,593
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 27, 2016
Return Version
2015v2.0
Gross Receipts
$28,671,610
Mission and Program Overview

Mission

Central coast vna & hospice, inc. Is dedicated to providing the highest quality home care to the residents of the central coast by meeting their individual needs in a caring, effective, honorable, and accessible manner.

Central coast vna & hospice, inc. Is dedicated to providing the highest quality home care to the residents of the central coast by meeting their individual needs in an ethical, effective, caring, and fiscally responsible manner.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$3,421,307$6,272,036▲ $2,850,729
Investments in Publicly Traded Securities$2,037,718$2,058,299▲ $20,581
Land, Buildings, and Equipment, Net$1,340,256$1,180,714▼ $159,542
Savings and Temporary Cash Investments$1,156,800$1,077,750▼ $79,050
Cash and Non-Interest-Bearing Accounts$1,179,769$198,353▼ $981,416
Investments Other Securities$181,794$182,970▲ $1,176
Prepaid Expenses and Deferred Charges$43,987$50,376▲ $6,389
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$13,481,352$14,253,435▲ $772,083
Other Assets Total$4,119,721$3,232,937▼ $886,784
Liabilities
Accounts Payable and Accrued Expenses$2,218,304$2,218,961▲ $657
Deferred Revenue$1,055,112$1,231,894▲ $176,782
Other Liabilities$7,320$3,468▼ $3,852
Total Liabilities$3,280,736$3,454,323▲ $173,587
Net Assets / Fund Balance
Unrestricted Net Assets$8,661,911$9,376,224▲ $714,313
Permanently Rstr Net Assets$1,209,145$1,209,145→ $0
Temporarily Rstr Net Assets$329,560$213,743▼ $115,817
Total Net Assets Fund Balance$10,200,616$10,799,112▲ $598,496
Total Liabilities and Net Assets / Fund Balance$13,481,352$14,253,435▲ $772,083

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,031,898$1,117,472$2,149,370
Other Land Buildings$96,140$225,694$321,834
Leasehold Improvements$52,676$47,660$100,336
Other Assets Org$408,685--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$1,309,145---$1,309,145
2014$1,309,145---$1,309,145
2013$1,309,145---$1,309,145
2012$1,304,339$4,806--$1,309,145
2011$1,304,339---$1,304,339
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melissa C CuprillPhysical TherapistFT$169,798$7,241$177,039
Jane HalePhysical TherapistFT$160,441$13,527$173,968
Fatemeh ShirvaniPhyiscal TherapistFT$148,551$13,044$161,595
Barbara GruberSecretaryFT-$147,733$147,733
Jane RussoDirector-$133,765$12,612$146,377
Mary BaribeauRnFT$132,486$12,594$145,080
Ryan VerekerPhysical TherapistFT$134,718-$134,718

Board Members and Trustees

NameTitle
Steven a JohnsonChair/CEO
Allen Radner MdVice Chair
Susan Zoul TillmanDirector
Mike LeeTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Amn Healthcare Allied INCClinical StaffingPO BOX 910738, Dallas, TX 75391-0738$1,387,888
Mcbee Associates INCClinical CodingBOX 37135, Baltimore, MD 21297-3135$539,000
OfficeteamSupport StaffPO BOX 743295, Los Angeles, CA 90074$280,963
Sharon Fredrichs ConsultantsManagement Consultan2034 WINSOME WAY, Encinitas, CA 92024$110,621
Revenue and Support

Revenue Composition

Contributions and Grants
$1,448,958
Program Service Revenue
$26,935,119
Investment Income
$132,910
Other Revenue
$24,292
All Other Contributions
$1,448,958
Change in Net Assets
$846,593

Audited Revenue Reconciliation

Revenue per Audited Statements
$28,541,279
Revenue Not Reported on Form 990
$-248,097
Total Revenue per Audited Statements
$28,293,182
Total Revenue per Form 990
$28,541,279
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$18,152,249
Other Expenses$9,542,437
Total Fundraising Expense$169,019
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$13,804,524-$102,260$13,906,784
Other Employee Benefits$2,633,563-$9,310$2,642,873
Fees for Services Management-$2,365,376-$2,365,376
Payroll Taxes$1,155,545-$7,890$1,163,435
Fees for Services Other$887,353$192,985$282$1,080,620
Occupancy$489,772$170,976$9,197$669,945
All Other Expenses$349,455$81,949$17,073$448,477
Other Expenses$243,794$64,806$1,410$308,600
Pension Plan Contributions$292,780--$292,780
Depreciation Depletion$214,421$64,048-$278,469
Current Officers, Directors, Trustees, and Key Employees$146,377--$146,377
Office Expenses$73,444$19,524$5,378$98,346
Advertising$94,357-$51$94,408
Insurance$25,892$6,313-$32,205
Total Functional Expenses$24,559,690$2,965,977$169,019$27,694,686

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$27,694,686
Total Expenses per Audited Statements$27,694,686
Total Expenses per Form 990$27,694,686
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales Tax Payable$3,468
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

3 of the voting members are employees of salinas valley memorial hospital (svmh). Svmh has an affiliation agreement with ccvna. 2 of the voting members are employees of central coast community health care (ccchc)(see schedule r for related parties). Ccchc has a management agreement with ccvna. 1 of the voting members is an employee of ccvna. The board does not vote on issues such as wages and benefits for ccvna. This is done by the affiliates board in ccchc. This board purely monitors operations.

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

Central coast community health care, inc. Is a corporation established as an umbrella company to manage three related nonprofit organizations, including central coast vna & hospice, inc. Duties delegated to central coast community health care, inc. By central coast vna & hospice, inc. Include recording of financial transactions, managing staff, and performing various other management duties.

Form 990, Part VI, Line 11B: Form 990 Review Process

Copies of the 990 are provided to board members by management for review prior to the filing of the return.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members provide yearly statements of any conflicts

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

When determining the annual compensation for any insider, the organization shall always undertake and satisfy all three prongs of the rebuttable presumption set forth in the internal revenue code regarding intermediate sanctions (irc 4958).1. Compensation arrangement approved in advance by independent members of the organization's governing body (board of directors or a subcommittee thereof) that is composed of persons who do not have a conflict of interest with respect to the compensation arrangement. 2. Before making the reasonable compensation determination, the governing body (or subcommittee thereof) relied upon comparability data (comparability data includes compensation paid by comparable and similarly situated entities) in deciding whether to approve the compensation. 3. Governing body contemporaneously documents its basis for making a reasonable compensation determination as follows:a. Terms of the approved compensation and the date approved by the boardb. Members of the board present during debate on the compensation amount and those who voted on it and how they voted on it.c. Description of the comparability data obtained and relied upon and how such data was obtained. D. Any actions by a board member having a conflict of interest (e.g. Disclosure of the conflict of interest; recuse from the discussion)e. Documentation of the basis for the compensation determination before the later of the next board meeting or 60 days after the final actions of the authorized body are taken

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

See response at form 990,part vi,line 15a

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Copies of governing documents are available upon request; available on company intranet for organization staff and board

Filing and Contact Details

Filer

Filer Name
Central Coast Vna & Hospice Inc
EIN
94-1205572
Phone
8313726668
Address
PO BOX 2480, MONTEREY, CA 93942

Signing Officer

Name
Steven a Johnson
Title
Chair/CEO
Signed
2016-05-27
Discuss with paid preparer
Yes

Organization Details

Formed
1951
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
3
Employees
241

Preparer

Firm
Hutchinson and Bloodgood LLP
Address
579 Auto Center Drive, Watsonville, CA 95076
Preparer
Karen E Semingson CPA
Phone
8317242441
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Change in value of trusts receivable = -$7002

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The board has designated $100,000 as a general endowment to support the mission of the organization. Donor designated endowments are represented by three individual funds established to support patient care and the general operations of the organization.

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IRS990/ActivityOrMissionDesc0CENTRAL COAST VNA & HOSPICE, INC. IS DEDICATED TO PROVIDING THE HIGHEST QUALITY HOME CARE TO THE RESIDENTS OF THE CENTRAL COAST BY MEETING THEIR INDIVIDUAL NEEDS IN AN ETHICAL, EFFECTIVE, CARING, AND FISCALLY RESPONSIBLE MANNER.
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IRS990/MissionDesc0CENTRAL COAST VNA & HOSPICE, INC. IS DEDICATED TO PROVIDING THE HIGHEST QUALITY HOME CARE TO THE RESIDENTS OF THE CENTRAL COAST BY MEETING THEIR INDIVIDUAL NEEDS IN AN ETHICAL, EFFECTIVE, CARING, AND FISCALLY RESPONSIBLE MANNER.
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IRS990/OtherExpensesGrp/Desc1SUPPLIES
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IRS990/OtherExpensesGrp/FundraisingAmt016168
IRS990/OtherExpensesGrp/FundraisingAmt11410
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt064806
IRS990/OtherExpensesGrp/ProgramServicesAmt02019862
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IRS990/PensionPlanContributionsGrp/TotalAmt0292780
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IRS990/ProgSrvcAccomActy2Grp/Desc0HOSPICE: Medicare Certified Hospice Program providing services at the end stages of a patients life. All services are pursuant to Medicare A guidelines for Hospice care. Those services include skilled nursing, medical social worker, spiritual care, home health aides and others as needed. Volunteers play a significant role in Hospice and are mandated under conditions of participation. The focus of the care is pain and symptom management at the end stage of a patients life. The goal is to give the patient the best quality of life at this point in the disease process. Other than skilled medical care, the patient is provided such activities as music, pet therapy or in the case of patients with limited resources, donated funds can be used to provide transportation or meals. Hospice provided approximately 37,000 patient care days.
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IRS990/PYOtherRevenueAmt021362
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IRS990/PYSalariesCompEmpBnftPaidAmt015048780
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0537388
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0645674

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.6$4.21$16.4$28.7$28.3$0.39
2023Detailed filing. Detailed filing data is available for this year.$19.9$4.64$15.3$28.9$28.3$0.64
2022Detailed filing. Detailed filing data is available for this year.$20.3$8.15$12.2$27.9$34.2$6.29
2021Detailed filing. Detailed filing data is available for this year.$25.6$5.17$20.5$32.4$31.9$0.52
2020Detailed filing. Detailed filing data is available for this year.$27.4$8.65$18.8$35.0$33.9$1.06
2019Detailed filing. Detailed filing data is available for this year.$17.6$2.09$15.5$30.2$30.1$0.15
2018Detailed filing. Detailed filing data is available for this year.$16.5$2.00$14.5$29.4$29.9$0.53
2017Detailed filing. Detailed filing data is available for this year.$17.8$2.03$15.8$30.4$29.4$1.04
2016Detailed filing. Detailed filing data is available for this year.$16.9$2.83$14.1$31.4$28.1$3.30
2015Detailed filing. Detailed filing data is available for this year.$14.3$3.45$10.8$28.5$27.7$0.85
2014Detailed filing. Detailed filing data is available for this year.$13.5$3.28$10.2$26.8$24.7$2.10
2013Detailed filing. Detailed filing data is available for this year.$11.5$3.18$8.35$24.5$23.3$1.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.48$2.68$6.80$23.0
2011Summary only. Only limited summary data is available for this year.$7.51$2.49$5.01$20.3$21.2$0.84