The Community Hospice Foundation Inc

Nonprofit profile at a glance

EIN
222692940
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Albany, NY, USA
Phone
5184824433
Rating
66
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Hospices

Official website

Reported finances

Revenue
$2,640,187
Expenses
$2,340,718
Assets
$18,641,454
Liabilities
$9,214,379

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

28 people listed

Executive titles in this filing

  • STEPHEN MANNY (TRUSTEE; EXECUTIVE DIRECTOR)
  • STEVEN HANKS MD (SPHP PRESIDENT & CEO)

Highest reported compensation

  • STEVEN HANKS MD (SPHP PRESIDENT & CEO): $1,744,842 total reported compensation
  • THOMAS ROBERT (VP, CFO & TREAS - NY REG THR 11/24): $1,123,341 total reported compensation
  • KIM BAKER (FORMER OFFICER; SPHP SVP HOSP OPS): $932,252 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We, st. Peter's health partners and trinity health, serve together in the spirit of the gospel as a compassionate and transforming healing presence within our communities. The community hospice foundation is a member of st. Peter's health partners and trinity health.

What it reported doing in 2024

The community hospice foundation receives, maintains, and distributes funds exclusively for the charitable activities of the community hospice, a related tax-exempt organization. The foundation organizes many annual fundraisers including the community hospice charity golf classic, the "touched by an angel" dinner gala, light-a-life, swinging on a star and walk for hospice. Additionally, the foundation organizes and supports "the wish fund" to provide patients with special attention to make a wish come true. The community hospice foundation raised over $1.7 million during fy25.please visit our website for additional information: www.givetocommunityhospice.org

Operating model

Revenue model
Donor-supported. 77% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 76
  • Accountability: 82
  • Sustainability: 60
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.5%; rating input score 65
  • Program expense ratio: 61.3%; rating input score 61
  • Fundraising efficiency: $2.6 raised per $1 spent on fundraising; rating input score 7; 7th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 84.2%; rating input score 84; 17th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 11.3%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 7.96; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0.49; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 36.7%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: -2.1% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: -0.5% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: 6.4% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: 64.5% of revenue deployed · 61.3% of spending went to programs
  • Governance: 16 of 19 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.4M in reported program spending
  • Leadership: top reported pay $1.7M · 28 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 312 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 7/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.