Overview
What is Hosparus Inc?
Hosparus Inc, doing business as Hosparus Health, is a nonprofit organization based in Louisville, Kentucky. For over four decades, they have provided compassionate care to individuals with serious and life-limiting illnesses in Kentucky and Indiana. Their team of over 760 employees and volunteers offer medical care, grief counseling, pain management, and various support services for more than 8,300 patients and their families each year. Hospice and palliative care is their specialized model of care, focusing on enhancing patients' comfort and quality of life while addressing their emotional, social, and spiritual needs. Hosparus Health offers services at the patient's home, nursing homes, assisted living facilities, hospitals, and in an inpatient care center at the Norton Healthcare Pavilion in Louisville, Kentucky. Their mission is to help meet the physical, psychological, social, and spiritual needs of terminally ill persons and their families, regardless of their ability to pay.
Official website here: www.hosparus.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Hosparus Inc has achieved a high rating of 96% from Charity Navigator, reflecting strong performance in accountability and finance. This rating is significant as it indicates that the organization effectively manages its resources and adheres to best practices in governance and transparency. The charity scored particularly well in areas such as independent board membership, with 93% of its members being independent, and a perfect score in auditing and oversight.
The organization has demonstrated solid financial health, evidenced by a low liabilities-to-assets ratio of 13.78% and a program expense ratio of 79.05%. This suggests that a substantial portion of its expenditures is directed towards its programs, which is a positive indicator of its commitment to fulfilling its mission.
While the rating highlights the strengths of Hosparus Inc, it does not mention any specific limitations or areas for improvement. Overall, the organization presents itself as a trustworthy and effective nonprofit in the hospice care sector.
This AI summary has been generated from information found on Charity Navigator.
Is Hosparus Inc legitimate?
Hosparus Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hosparus Inc 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: $2,295,852
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,545,669
For more financial information, click here
Official website here: www.hosparus.org
What is the mission statement of Hosparus Inc?
Hosparus Inc is dedicated to addressing the physical, psychological, social, and spiritual needs of terminally ill individuals and their families, regardless of their ability to pay. In 2022, the organization cared for over 8,300 patients and their families and provided over $155,000 in charity care. Hosparus offers hospice and palliative care services that focus on enhancing patients' comfort and quality of life, addressing emotional and spiritual needs, and providing pain management and symptom control. Their interdisciplinary teams consist of healthcare professionals and volunteers who deliver care wherever the patient calls home, 24 hours a day, 7 days a week. Services include medication management, personal care, counseling, and spiritual care. Hosparus operates an inpatient care center for patients with symptoms not responsive to home care.
Official website here: www.hosparus.org
Who is the CEO of Hosparus Inc?
Unavailable The CEO's salary of Hosparus Inc is $432,884 and their total compensation is $464,298.
Official website here: www.hosparus.org
What is the revenue of Hosparus Inc?
Hosparus Inc's revenue in 2022 was $86,782,362.
Official website here: www.hosparus.org
Who are the executives of Hosparus Inc and what are their salaries?
The average compensation at Hosparus Inc during 2022 was $58,693. There are 764 employees and 542 volunteers at Hosparus Inc.
Here are 30 key members and their salaries (Hosparus Inc's CEO's salary is $432,884 and their total compensation is $464,298):
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- Compensation: $432,884
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- Other: $24,588
Official website here: www.hosparus.org
Where can I find the form 990 for Hosparus Inc?
Hosparus Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hosparus.org
Learn more at the official website: www.hosparus.org
Mission Statement of Hosparus Inc
Hosparus Inc, a renowned nonprofit organization, is dedicated to helping terminally ill persons and their families by addressing their physical, psychological, social, and spiritual needs, irrespective of their financial abilities. With a mission rooted in compassion and care, Hosparus reaches out to over 8,300 patients and their families every year.
The organization's team of experienced professionals, including physicians, advanced nurse practitioners, registered nurses, certified nursing assistants, grief counselors, social workers, chaplains, and volunteers, work tirelessly to provide medical care, pain management, and emotional support to those in need. Hosparus' interdisciplinary teams ensure that patients receive comprehensive care in the comfort of their own homes, 24 hours a day, 7 days a week. Their services extend to various care locations, such as family residences, nursing homes, assisted living facilities, inpatient units, and hospitals.
Hosparus' commitment to care goes beyond the medical aspect. Their team addresses the emotional and spiritual needs of patients, offering counseling and spiritual care to help improve their quality of life. The organization's services aim to alleviate symptoms like pain, nausea, vomiting, shortness of breath, and restlessness through medication management and personal care, including bathing, skin care, and light housekeeping. By offering all these services, Hosparus Inc creates a sanctuary of care and compassion for the terminally ill and their families.
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Impact
October, 2024
Hosparus Inc plays a vital role in enhancing the quality of life for individuals facing serious and life-limiting illnesses. With over 40 years of experience, the organization provides comprehensive hospice and palliative care in Kentucky and Indiana, focusing on the physical, psychological, social, and spiritual needs of patients and their families. Each year, Hosparus serves more than 8,300 patients, ensuring access to compassionate care regardless of their ability to pay.
The services offered by Hosparus include pain management, symptom control, personal care, and grief counseling. An interdisciplinary team of healthcare professionals—including physicians, nurses, social workers, and chaplains—works together to deliver care in various settings, such as homes, nursing facilities, and hospitals. This holistic approach not only addresses the medical needs of patients but also supports their emotional and spiritual well-being.
In addition to in-home care, Hosparus operates an inpatient care center in Louisville, KY, providing patients with immediate relief for symptoms not manageable at home. This dedicated service emphasizes comfort and personalized care in a supportive environment.
In 2022 alone, Hosparus helped 8,378 patients and families, and also contributed over $155,000 in charity care, reflecting the organization's commitment to ensuring that critical healthcare services are available to all, irrespective of financial circumstances. Through these efforts, Hosparus Inc significantly impacts the lives of those it serves, fostering dignity and comfort in their final days.
This information is meant to be a general summary of Hosparus Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $973,144
- Program Service Revenue: $82,120,422
- Gross Receipts: $87,880,220
Assets and Liabilities:
- Total Assets: $96,955,475
- Total Liabilities: $13,367,263
- Net Assets: $83,588,212
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$82,120,422
Organization Details
Founding Year
1978
Phone
(502) 456-6200Main Address
6200 Dutchmans Lane, Louisville, KY, 40205
Website
www.hosparus.orgNTEE Category
Code: P74Z - Human services
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