2024-11-12T08:27:51-06:00 2023-12-31 010523282 Berry Dunn McNeil & Parker LLC 1000 Elm Street 4th Floor Manchester NH 03101 990 2023-01-01 141638619 Hudson Valley Hospice Inc HUDS 8454732273 374 Violet Avenue Poughkeepsie NY 12601 Stephanie Wilson VP Finance/CFO 8454732273 2024-11-10 1 1 Melissa Magoon CPA P01712842 6036697337 2024-11-10 2023 2024-10-15 13:58:12Z Hudson Valley Hospice Michael S Kaminski 374 Violet Avenue Poughkeepsie NY 12601 53095929 0 X www.hvhospice.org X 1982 NY Hudson Valley Hospice, Inc. provides physical, emotional and spiritual care for terminally ill patients and their families. 12 12 431 165 0 0 636604 1257953 42909561 44805360 170368 603494 4518 0 43721051 46666807 0 0 0 0 25607682 30157738 0 0 0 10955742 12351314 36563424 42509052 7157627 4157755 36342564 40270456 10076402 11906233 26266162 28364223 X At Hudson Valley Hospice, our mission is to serve the people of Dutchess and Ulster Counties by enhancing the quality of living for those at the end of life. We are a private, not-for-profit health-care agency dedicated to helping individuals who are near the end of life maintain their dignity and enhance the quality of life. Not only do we care for the patient, but we also care for the family. By providing physical, spiritual and emotional support, our professional and volunteer staff will help family members through this challenging time. 0 0 36430359 44805360 Hudson Valley Hospice, Inc. provided services to 2,612 terminally ill patients in 2023. Services were coordinated through a team of professionals, which includes nurses, social workers, physicians, pastoral care, volunteers, and related therapists. Care is provided in individual homes, it's Hospice House, nursing homes, and hospitals. 36430359 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 164 0 1 431 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X Stephanie Wilson 8454732273 374 Violet Avenue Poughkeepsie NY 12601 Helen Rinaudo Chairperson Of Hudson Valley Hospice, Inc. 1.00 1.00 X X 0 0 0 Jeffrey Feldman Esq Vice Chairperson 1.00 1.00 X X 0 0 0 Stephen Lichtenberg MD Second Vice Chairperson 1.00 0.00 X X 0 0 0 Todd Baright Secretary 1.00 0.00 X X 0 0 0 Ellen Griffin Treasurer 1.00 0.00 X X 0 0 0 Frederick Shequine Assistant Secretary 1.00 0.00 X X 0 0 0 David Wise Esq Asst. Treasurer 1.00 0.00 X X 0 0 0 Susan Bisceglia Esq Member 1.00 0.00 X 0 0 0 Rev Cameron Hardy Member 1.00 0.00 X 0 0 0 John Keene MD Member 1.00 0.00 X 0 0 0 Mark Malone Chair of The Foundation/Member 1.00 1.00 X 0 0 0 Lee Miringoff PhD Member 1.00 0.00 X 0 0 0 Rev Paul Lent Past Member 1.00 0.00 X 0 0 0 Michael Deyo Past Member 1.00 0.00 X 0 0 0 Michael Kaminski President/CEO 36.00 5.00 X 348308 0 31354 William Mulvey VP Finance/CFO 36.00 5.00 X 161749 0 0 Teresa Holstein Senior VP/COO 40.00 0.00 X 97838 0 3364 Pricilla Kraut VP Patient Access 40.00 0.00 X 159472 0 26440 Allison Greene Nurse Practioner 40.00 0.00 X 238281 0 15547 Steven Jacobs Medical Director 40.00 0.00 X 214108 0 12047 Lisa Sager Medical Director 40.00 0.00 X 180699 0 20629 Lauren Lundy Nurse Practioner 40.00 0.00 X 175985 0 14786 Theresa Jennings Director of Therapeutic Services 40.00 0.00 X 147152 0 44934 1723592 0 169101 40 0 1 0 Mid Hudson Construction Management 85 Civic Center Plaza Poughkeepsie NY 12601 HV House Builder 4121120 WiseWisian LLC PO Box 248846 Oklahoma OK 73124 Medical Services 3539859 Respiratory Specialists 16 MT Ebo Rd South Brewster NY 10509 Medical Services 2083138 Vassar Brothers Medical Center 45 Reade Place Poughkeepsie NY 12601 Hospital Services 1759091 McKesson Medical Supply PO Box 204786 Dallas TX 75320 Medical Services 907156 29 1257953 1257953 Patient Service Revenue 623000 44800382 44800382 Other Operating Revenue 623000 4978 4978 44805360 638347 638347 6394269 6429122 -34853 -34853 -34853 46666807 44805360 0 603494 828525 733328 95197 23469314 20772705 2696609 539249 477289 61960 3466544 3068238 398306 1854106 1641069 213037 139389 139389 9008 9008 28147 28147 735412 715259 20153 706836 706836 533416 533416 370296 327749 42547 396455 350902 45553 870032 818044 51988 13098 13098 61587 61587 377256 377256 139238 139238 Patient Care 7339979 7339979 Other Expenses 546574 185797 360777 Equipment Rental 84591 84591 42509052 36430359 6078693 0 X 10138355 980823 26338 11870603 5427024 4898302 42897 187336 66638 18942009 3435735 11235468 15506274 5670268 6125511 2753684 0 480662 904091 298746 36342564 40270456 5618141 4293046 3893208 7117254 90 564963 495933 10076402 11906233 X 24433426 28364223 1832736 0 26266162 28364223 36342564 40270456 X 4157755 693990 -2753684 0 X 0 1 X 1 0 X 40951 298309 2979911 636604 1257953 5213728 18603969 23572409 32227854 42909561 44805360 162119153 18644920 23870718 35207765 43546165 46063313 167332881 0 0 0 167332881 136910 132293 182623 210635 638347 1300808 136910 132293 182623 210635 638347 1300808 1353 1560 4810 4518 12241 18783183 24004571 35395198 43761318 46701660 168645930 0.99220 0.99410 0.00770 0.00580 X Schedule A, Part III, Line 12, Explanation of Other Income: Other income - 2019 Amount: $ 1,353. 2020 Amount: $ 1,560. 2021 Amount: $ 4,810. 2022 Amount: $ 4,518. 2023 Amount: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1118200 1118200 14018286 524364 13493922 619648 619648 0 3185875 2291723 894152 15506274 Lease liability 495933 495933 X Part X, Line 2: The organization accounts for uncertain tax positions in accordance with provisions of FASB ASC 740, "income taxes", which provides a framework for how companies should recognize, measure, present and disclose uncertain tax positions in their financial statements. The organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. The organization doe does not have any uncertain tax positions as of December 31, 2023 and 2022. As of December 31, 2023, and 2022 the organization did not record any penalties or interest associated with uncertain tax positions. The organization would recognize interest and/or penal ties related to income tax matters in income tax expense. The organization's prior three tax years are open and subject to examination by the Internal Revenue Service. X X X 0 0 0 0 0 0 0 1 0 Michael Kaminski President/CEO 347308 0 1000 0 0 0 6600 0 24754 0 379662 0 0 0 Allison Greene Nurse Practioner 237281 0 1000 0 0 0 4751 0 10796 0 253828 0 0 0 Steven Jacobs Medical Director 213108 0 1000 0 0 0 346 0 11701 0 226155 0 0 0 Lisa Sager Medical Director 179699 0 1000 0 0 0 3792 0 16837 0 201328 0 0 0 Theresa Jennings Director of Therapeutic Services 146152 0 1000 0 0 0 3038 0 41896 0 192086 0 0 0 Lauren Lundy Nurse Practioner 174985 0 1000 0 0 0 3500 0 11286 0 190771 0 0 0 Pricilla Kraut VP Patient Access 158472 0 1000 0 0 0 727 0 25713 0 185912 0 0 0 William Mulvey VP Finance/CFO 160749 0 1000 0 0 0 0 0 0 0 161749 0 0 0 Part I, Line 7 During the calendar year 2023, a year-end bonus was awarded to all active employees and was approved by the board of directors. Form 990, Part VI, Section A, line 1a The executive committee is composed of at least the following: Chairperson, First Vice Chairperson, Second Vice Chairperson, Secretary, Assistant Secretary, Treasurer, Assistant Treasurer, Immediate Past Chairperson (if still serving on the board), and optionally, such other directors selected by the board. The Executive Committee has the power to transact necessary business between the regular meetings of the Board of Directors. Actions taken by the Executive Committee are reported at the regular meetings of the Board of Directors. The Executive Committee annually evaluates the performance of the President and Chief Executive Officer. Form 990, Part VI, Section B, line 11b A copy of Form 990 is provided to the organization's governing body prior to filing for their review and comments. Form 990, Part VI, Section B, line 12c Each board member, board officer, member of a committee, and key person the "interested persons" annually signs a statement which affirms that such person has complied with the conflict-of-interest policy. "Key Person" means any person, other than a Director, Trustee or Officer, whether or not an employee of the corporation, who (a) has responsibilities, or exercises powers or influence over the corporation as a whole similar to the responsibilities, powers or influence of the Trustees, Directors and Officers; (b) manages the corporation, or a segment of the corporation that represents a substantial portion of the activities, assets, income or expenses of the corporation; or (c) alone or with others controls or determines a substantial portion of the corporation's capital expenditures or operating budget. For purposes of this policy, key person shall include the following employees: President/Chief Executive Officer, Chief Financial Officer, and Vice Presidents. The Corporate Compliance Committee shall review the completed conflict of interest disclosure statement of all interested persons at the time of their submission and provide the board with copies of the disclosure statements of interested person that note exceptions or otherwise provide information concerning relationships, interest, or arrangements of the interest person. Disclosures can be made through the annual conflict of interest disclosure statement required under Article VI and at any time when a conflict otherwise arises. After disclosure of a potential conflict of interest and all material facts, and after any discussion with the interest person to clarify or obtain additional information relevant to the financial interest, he or she shall leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee member shall decide if a conflict of interest exists. If the board or committee has reasonable cause to believe that an interested person has failed to disclose an actual or possible conflict of interest, it shall inform the interested person of the basis for such belief and afford the interested person an opportunity to explain the alleged failure to disclose. If, after hearing the response of the interested person and making such further investigation as may be warranted in the circumstances, the board or committee determines that the interested person has in fact failed to disclose an actual or possible conflict of interest, it shall take such action as it considers appropriate, including disciplinary and corrective action if warranted. Form 990, Part VI, Section B, line 15 15a: Hudson Valley Hospice, Inc. evaluates management staff using a performance-based rating system and compensation plan commensurate with internal and external references. Hudson Valley Hospice, Inc. also utilizes the hospice salary and benefits report published by Hospital & Healthcare Compensation Service, MVI and Labor IQ. The last compensation review occurred in January 2023 for the CEO. 15b: Hudson Valley Hospice, Inc. evaluates management staff using a performance-based rating system and compensation plan commensurate with internal and external references, noted above. The last compensation review for the executive group occurred in April 2023. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policy, and financial statements are available to the public upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Hudson Valley Hospice, Inc. 374 Violet Avenue Poughkeepsie, NY 12601 EIN 14-1638619 Hudson Valley Hospice, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, Line 8: Prior Period Adjustment Explanation A prior period adjustment was made to the 2022 Net Assets balance to remove the inclusion of Hudson Valley Hospice Foundation, Inc.'s 2022 net assets of $2,753,684. The Hudson Valley Hospice Foundation, Inc. is a related organization and is included in the organization's consolidated financial statements. Hudson Valle Foundation, Inc. files their own separate Form 990 and reports their net assets respectively. Hudson Valley Hospice Foundation Inc 374 Violet Avenue Poughkeepsie NY 12601 141824200 Fundraising NY 501(c)(3) Line 7 Hudson Valley Hospice Inc 1 Hudson Valley Medical Health Choices PC 374 Violet Avenue Poughkeepsie NY 12601 843934431 Palliative Care NY 501(c)(3) Line 12c, III-FI Hudson Valley Hospice Inc 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 Hudson Valley Hospice Foundation Inc C 1257953 Actual cost Hudson Valley Medical Health Choices PC D 289581 Actual cost Hudson Valley Hospice Foundation Inc Q 251814 Actual cost Hudson Valley Medical Health Choices PC Q 249325 Actual cost