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Comfort Bridge

Care Synergy

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 471820366 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Comfort Bridge?

Comfort Bridge, doing business as Care Synergy, is a Denver, Colorado-based nonprofit organization founded in 2014. It functions as the region's largest end-of-life care network, providing mission support services to four nonprofit home health care and community-based hospice and palliative care affiliate organizations in Colorado's Front Range area. Care Synergy offers vital services, including executive management, finance and accounting, information technology, human resources, and quality management, to ensure the efficiencies and economies of scale needed to achieve their exempt purposes: providing hospice and palliative care services, as specified in Rev. Rul. 79-17. By supporting these affiliate organizations, Care Synergy enables them to focus on delivering compassionate, personalized care to families and communities throughout the region, from the Rocky Mountain foothills to Bennett, and from Colorado Springs to Wyoming.


Official website here: www.caresynergynetwork.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56% (One-Star out of Four Stars)

Comfort Bridge has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial management. Although the organization shows strengths in governance, such as having a majority of independent board members and a comprehensive set of policies for oversight and accountability, its overall financial health is troubling. Notably, it has a high liabilities to assets ratio and a program expense ratio of 0%, suggesting that funds may not be effectively directed towards its mission.

Despite its strong governance practices, the lack of transparency in financial reporting is a major limitation. The absence of the tax form on its website raises questions about accountability and could hinder donor confidence. While the organization has established policies and procedures that ensure some degree of oversight, the financial metrics indicate a poor performance that could affect its ability to fulfill its objectives.

Overall, while Comfort Bridge demonstrates effective governance structures, the financial weaknesses highlighted in the ratings may overshadow these strengths and impact its sustainability and effectiveness as a nonprofit. Potential donors should carefully consider these aspects before contributing.


This AI summary has been generated from information found on Charity Navigator.

Is Comfort Bridge legitimate?

Comfort Bridge is a legitimate nonprofit organization registered as a 501(c)(3) entity. Comfort Bridge submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $2,847,164
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,179,077

For more financial information, click here


Official website here: www.caresynergynetwork.org/

What is the mission statement of Comfort Bridge?

Comfort Bridge, also known as Care Synergy, is a non-profit organization that provides mission support services to various non-profit home health care and community-based hospice and palliative care affiliate organizations in Colorado. Formed in 2014, Comfort Bridge is the largest end-of-life care network in the region, offering personalized palliative, hospice, and bereavement services to families. The organization aims to provide excellent and compassionate care, whether at home or in one of their inpatient care centers. Comfort Bridge began offering "back office" support in areas like executive management, finance, information technology, human resources, and quality management in 2015. Affiliate members pay for these services at cost to cover expenses and achieve efficiencies and economies of scale. Comfort Bridge currently supports four operational tax-exempt affiliates, including Hospice of Metro Denver, Pathways Hospice, Colorado Visiting Nurse Association, and Pikes Peak Hospice and Palliative Care, Inc.


Official website here: www.caresynergynetwork.org/

Who is the CEO of Comfort Bridge?

Tim J Bowen is the President/Chief Executive Officer of Comfort Bridge. The CEO's salary of Comfort Bridge is $846,922 and their total compensation is $1,048,094.


Official website here: www.caresynergynetwork.org/

What is the revenue of Comfort Bridge?

Comfort Bridge's revenue in 2022 was $13,472,761.


Official website here: www.caresynergynetwork.org/

Who are the executives of Comfort Bridge and what are their salaries?

The average compensation at Comfort Bridge during 2022 was $72,435. There are 97 employees and 17 volunteers at Comfort Bridge.


Here are 24 key members and their salaries (Comfort Bridge's CEO's salary is $846,922 and their total compensation is $1,048,094):


Tim J Bowen (President/Chief Executive Officer)
  • Compensation: $846,922
  • Related: $0
  • Other: $201,172
Douglas Flinn (Board Chairman (Thru 2/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Wagner (Board Chairman (From 3/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Price (Board Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Rice (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Sherwood (Treasurer (Thru 10/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Bergquist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Baumgartner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Premer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Dawson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Botiller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joann Lovins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adele Phelan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Cowling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul E Tosetti (Chief Financial Officer)
  • Compensation: $296,817
  • Related: $0
  • Other: $64,787
Patricia Mehnert (Dir. Of Corp. Comp. & Risk)
  • Compensation: $345,036
  • Related: $0
  • Other: $56,725
Patricia Ford (Vp Of Operations)
  • Compensation: $285,132
  • Related: $0
  • Other: $90,324
John Blaschke (Chief Information Officer)
  • Compensation: $270,330
  • Related: $0
  • Other: $84,534
Crystal O'Brien (Vp Of Human Resources)
  • Compensation: $221,446
  • Related: $0
  • Other: $72,973
Peter Schoomaker (Controller)
  • Compensation: $162,170
  • Related: $0
  • Other: $40,774
Evan Hyatt (Dir. Of Marketing & Communication)
  • Compensation: $223,085
  • Related: $0
  • Other: $47,456
David Giordano (Vp Development (From 10/22))
  • Compensation: $39,488
  • Related: $130,286
  • Other: $18,139
Mark Spencer (Vp Of Business Dev. (Thru 7/22))
  • Compensation: $133,889
  • Related: $0
  • Other: $25,761
Michele Blakeslee (Dir. Application Proj. Mgmt.)
  • Compensation: $116,609
  • Related: $0
  • Other: $15,268


Official website here: www.caresynergynetwork.org/

Where can I find the form 990 for Comfort Bridge?

Comfort Bridge's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.caresynergynetwork.org/

Learn more at the official website: www.caresynergynetwork.org/

Mission Statement of Comfort Bridge

Comfort Bridge, a nonprofit organization formed in 2014, is the leading end-of-life care network in the region. Serving families and communities from the Rocky Mountain foothills to Bennett, and from Colorado Springs to Wyoming, Comfort Bridge provides mission support services for nonprofit home health care and community-based hospice and palliative care affiliate organizations in Colorado's Front Range.

As the largest end-of-life care network in the region, Comfort Bridge offers personalized palliative, hospice, and bereavement services, promising support, excellence, and compassion. The organization's primary goal is to aid families in dealing with end-of-life decisions by providing the best care, whether in-home or at one of their inpatient care centers.

In addition to direct care services, Comfort Bridge began providing "back office" support in the areas of executive management, finance and accounting, information technology, human resources, and quality management in 2015. By combining these services under a single organization, Comfort Bridge achieves efficiencies and economies of scale, furthering the exempt purposes of providing hospice and palliative care services deemed exempt under Rev. Rul. 79-17. Currently, the organization serves four operational tax-exempt affiliates: Hospice of Metro Denver, Pathways Hospice, Colorado Visiting Nurse Association, and Pikes Peak Hospice and Palliative Care, Inc.

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Impact




October, 2024

Comfort Bridge significantly impacts the end-of-life care landscape along Colorado's Front Range. By providing mission support services to various home health care and hospice organizations, it helps ensure that families receive exceptional care during challenging times. The organization, which operates under the broader framework of Care Synergy, fosters collaboration among its affiliate members, enhancing the efficiency and quality of care across the region.

With a focus on personalized palliative, hospice, and bereavement services, Comfort Bridge addresses the unique needs of families dealing with end-of-life decisions. It offers support in various settings, whether at home or in inpatient care centers, ensuring that compassion and excellence remain at the forefront of their mission.

Furthermore, by centralizing back-office operations such as executive management and finance, Comfort Bridge enables its affiliates to concentrate more on clinical care. This strategic approach not only promotes economies of scale but also strengthens the overall healthcare network in the area. Combined, these efforts create a robust support system for both caregivers and patients, ultimately improving the quality of life during one of life’s most challenging phases.




This information is meant to be a general summary of Comfort Bridge. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$13,472,761 (2022)
Expenses
$12,762,110 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $22,930
  • Program Service Revenue: $13,449,831
  • Gross Receipts: $13,472,761

Assets and Liabilities:

  • Total Assets: $9,309,219
  • Total Liabilities: $6,745,637
  • Net Assets: $2,563,582

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MANAGEMENT SERVICES

Revenue

$13,265,431

CAPABLE PROGRAM

Revenue

$184,400

Organization Details

Founding Year

2014

Principal Officer

Tim J Bowen

Main Address

8289 E LOWRY BLVD, DENVER, CO, 80230

NTEE Category

Code: E02 - Health

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