2024-10-21T09:33:25-05:00 2023-12-31 010494526 Baker Newman & Noyes PO Box 507 Portland ME 04112 990 2023-01-01 043204112 Hospitality Homes Inc HOSP 8885954678 PO Box 15265 Boston MA 02215 Marc Volpe Treasurer 8885954678 2024-10-17 1 0 Connor Smart P02285543 2078792100 2024-10-17 2023 2024-10-15 13:58:12Z Deborah Pepper PO Box 15265 Boston MA 02215 1454683 0 X www.hosp.org X 1993 MA Hospitality Homes provides temporary housing (Continued on Schedule O)(Continued from 990, Page 1)in volunteer host homes and other donated accommodations for families and friends of patients seeking care at Boston-Area medical centers. 19 19 10 140 0 0 844643 1214286 162447 99927 10211 24811 9949 24019 1027250 1363043 0 0 0 0 510839 590794 27000 32250 143599 435806 462187 973645 1085231 53605 277812 1263461 1586118 135687 123782 1127774 1462336 X Hospitality Homes serves patients regardless of income level, background, religion, gender identity, sexual orientation, ability, age or diagnosis. (Continued on Schedule O)(Continued from 990, Page 2):We host people from all over New England, the country and the world, enabling them to receive the care they need from the medical providers we are so fortunate to have here. With a deeply rooted history in Boston and for the past 40 years, we have worked tirelessly to improve access to medical treatment by providing health equity and a safe harbor in a time of crisis. We are proud to serve as the trusted, go-to connector, providing medical housing to families in need. 0 0 777425 0 99927 Through its network of close to 120 host homes together with an increasing number of donated apartments and deep relationships with select local partner hotels and corporate furnished apartments, Hospitality Homes offers not only a comfortable bed in which to sleep, but also a compassionate presence in an unfamiliar city and a welcoming home to return to for families and friends who spend long days at the hospital, supporting their loved ones. Hospitality Homes is unique among Boston-area hospital housing programs because it is truly inclusive and open to all families, regardless of their income level, background, nationality, ethnicity, religion, gender identity, sexual orientation, ability, age, or diagnosis or medical facility of care.(Continued on Schedule O)(Continued from Form 990, Page 2)Over 60 percent of the program's guests have annual household incomes under $50,000, and all families are challenged with the high costs associated with serious and/or chronic illness. By providing housing atno or low cost, Hospitality Homes seeks to alleviate financial constraints and enable families to focus both their financial and their emotional resources on their hospitalized loved ones. Many guests report that, without the housing that Hospitality Homes offers, their family members simply would not be able to access the life-saving or life-changing treatment they need.Over the course of its 40-year history, Hospitality Homes has provided close to 231,000 nights of housing. In the last ten years alone, the organization has helped 6,458 patients, served 19,481 guests who traveled from over 50 U.S. States and Territories and 71 countries, saving them more than $18.8M in estimated equivalent hotel fees. Hospitality Homes believes that patients and their families deserve compassionate, affordable, and convenient accommodations while receiving medical care away from home. During 2023, as the pandemic continued to wind down, approximately half of our volunteer host community returned and increased the number of nights they provided almost to the levels of the full host community previously. We also reflected on the various new options we created and continued with some of the new and different resources we leveraged in the previous 3 years. We increased the number of donated apartments from 3 to 9 and continued efforts to seek support from specific grant providers to assist with our mission of health equity and to fund other non-hosted lodging options for patients with specific needs not appropriate for a host home. The success of our approach is reflected in our consistent track record of growth and impact. In the last 10 years, Hospitality Homes has helped 6,458 patients and provided 68,076 nights of housing. The program has broadened its impact, increasing families served by 139% and nights provided by 185%. Over 40% of guests with long-term treatment needs return for additional nights of lodging. Another key indicator of the organization's success is the financial relief provided to patients. 777425 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 1 10 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X Deborah Pepper Executive DirectorCEO 8885954678 PO Box 15265 Boston MA 02215 Ragu Adinarayanan Director 1.00 0.00 X 0 0 0 Anu Advani Director 1.00 0.00 X 0 0 0 Peter Barkan Director 1.00 0.00 X 0 0 0 Christina M Bergeron Director 1.00 0.00 X 0 0 0 Rob Ettinger Director 1.00 0.00 X 0 0 0 Nevan Clancy Hanumara PhD Director 1.00 0.00 X 0 0 0 Chelsey Huffman Director 1.00 0.00 X 0 0 0 Uma Kaundinya Director 1.00 0.00 X 0 0 0 John Sean M Kenny Director (Start 9/2023) 1.00 0.00 X 0 0 0 Kaarkuzhali Krishnamurthy MD Director 1.00 0.00 X 0 0 0 Monica Lussier MBA PMP Director 1.00 0.00 X 0 0 0 Sara Nochur Director/Immediate Past Chair 1.00 0.00 X 0 0 0 Sinead Oliver Director 1.00 0.00 X 0 0 0 Kevin Orr Director (Start 9/2023) 1.00 0.00 X 0 0 0 Judy E Paradis Director 1.00 0.00 X 0 0 0 Monica Fisher Chair 1.00 0.00 X X 0 0 0 Rich Allred Vice Chair 1.00 0.00 X X 0 0 0 Marc Volpe Treasurer 2.00 0.00 X X 0 0 0 Leslie Greenfield Secretary 1.00 0.00 X X 0 0 0 Deborah Pepper Executive Director/CEO 40.00 0.00 X 137762 0 4710 137762 0 4710 1 0 0 0 0 195791 1018495 28498 1214286 Apartment service fees 532000 99927 99927 99927 24811 24811 90172 195791 88926 1246 1246 25487 2714 22773 22773 1363043 99927 0 48830 142472 101155 19946 21371 355234 252216 49733 53285 13940 9897 1952 2091 42149 29925 5901 6323 36999 26269 5180 5550 47220 47220 32250 32250 418 418 14004 712 13292 33263 11896 19484 1883 11590 11590 46426 32962 6500 6964 3518 3518 7873 7873 Family Support Services 280719 280719 Housing Services 16566 16566 Fundraising Appeals 590 590 1085231 777425 164207 143599 269384 310468 81718 218745 19352 8597 480 2495 13877 13877 0 0 831734 1015152 60793 30661 1263461 1586118 76771 89875 5500 58916 28407 135687 123782 X 887289 991295 240485 471041 1127774 1462336 1263461 1586118 277812 56750 0 X X 0 1 X 1 0 X 487837 679394 724205 844643 1214286 3950365 42395 72007 140631 162447 99927 517407 530232 751401 864836 1007090 1314213 4467772 10700 46552 52964 38080 36891 185187 0 10700 46552 52964 38080 36891 185187 4282585 11611 8163 3875 10211 24811 58671 11611 8163 3875 10211 24811 58671 6010 6074 19142 9949 24019 65194 547853 765638 887853 1027250 1363043 4591637 0.93270 0.92670 0.01280 0.01100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 98667 26040 124707 98667 98667 98667 98667 98667 98667 98667 98667 0.00000 1.00000 0.00000 0 0 13877 13877 0 0 Operating Lease Liabilities 28407 28407 X 4445338 56750 2933905 91640 3082295 1363043 0 1363043 4110776 2933905 91640 3025545 1085231 0 1085231 Part V, Line 4: The Organization's endowment consists of an individual, donor-restricted endowment fund established to achieve the long-range goals of the Organization. Part X, Line 2: The Organization is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. Contributions to the Organization are tax deductible under Section 170(c) of the Internal Revenue Code. In determining the recognition of uncertain tax positions, the Organization applies a more-likely-than-not recognition threshold and determines the measurement of uncertain tax positions considering the amounts and probabilities of the outcomes that could be realized upon ultimate settlement with taxing authorities. As of December 31, 2023, the Organization has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The Organization is not currently under examination by any taxing jurisdiction. The Organization's federal and state tax returns are generally open for examination for three years following the date filed. Part XI, Line 2d - Other Adjustments: Fundraising event expenses 88,926. Gaming expenses 2,714. Part XII, Line 2d - Other Adjustments: Fundraising event expenses 88,926. Gaming expenses 2,714. Form 990, Schedule D, Part XI, Line 2b, and Part XII, Line 2b: The Organization records donated goods, accommodations, and other items which pass through the Organization's programs at their estimated fair value at the date of donation. Accordingly, donated goods and accommodations of $2,964,209 and $3,122,010 for the years ended December 31, 2023 and 2022, respectively, have been recorded as both revenue and expense in the accompanying statements of activities and changes in net assets. Donations of such type primarily fall into three categories, as further described below. Donated accommodations at hosts' homes with an estimated value of $1,042,944 and $1,463,548 for the years ended December 31, 2023 and 2022, respectively, have been included in the donated goods and accommodations amount presented above. The value of these accommodations is based on 3,584 estimated equivalent hotel room nights in 2023 at a rate of $291 per night (5,461 in 2022 at a rate of $268). In addition to host home accommodations, the Organization has also been provided with the use of various apartment units, donated by landlords who might otherwise rent such units under long-term leases. The donated apartments are furnished and made available by the organization for short-term stays. Such donations have been included in the donated goods and accommodations category in the amount of $1,151,778 and $801,320 for the years ended December 31, 2023 and 2022, respectively. The Organization also relies upon relationships with local hotels and short-term furnished apartment providers to procure needed housing for families seeking accommodations. As a result of its strong relationships with such organizations, the Organization was able to procure accommodations at a significant discount to what would ordinarily be paid, a discount that the Organization believes to be exclusive to its housing program. This discount is treated as a donation to the Organization's housing program by the organization providing the discount. Included in donated goods and accommodations for 2023 is an amount of $702,072 representing 4,776 nights provided at a discount of approximately $147 per night (which is the result of an average per night value of $291 less an average price paid by the Organization of approximately $144). Included in donated goods and accommodations for 2022 is an amount of $857,142 representing 5,994 nights provided at a discount of approximately $143 per night (which is the result of an average per night value of $268 less an average price paid by the Organization of approximately $125). In determining the recognition of uncertain tax positions, the Organization applies a more-likely-than-not recognition threshold and determines the measurement of uncertain tax positions considering the amounts and probabilities of the outcomes that could be realized upon ultimate settlement with taxing authorities. As of December 31, 2023, the Organization has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The Organization is not currently under examination by any taxing jurisdiction. The Organization's federal and state tax returns are generally open for examination for three years following the date filed. X X X X X X X 1 Page Consulting LLC 675 VFW Parkway Chestnut Hill MA 02467 Research; Analysis; Events; Grant Writing 0 386000 32250 353750 386000 32250 353750 MA Golf Tournament 144890 95377 49513 21505 13715 3000 8237 Anniversary Dinner 87059 46400 40659 650 650 12104 23000 2918 1 50351 50351 3147 282300 192128 90172 650 650 33609 36715 3000 14302 88926 1246 25487 2714 0 25487 2714 2714 22773 MA 0 Please refer to supplemental information included with this Form 990, Schedule G, Part IV. 0 1 0 1.00000 0.00000 The Organization see Part IV supp PO Box 15265 Boston MA 02215 1 25487 0 Event Groove PO Box 6934 22 South Central Avenue Harlowton MT 59036 Refer to supplemental disclosures 0 See Part IV, Supplemental Information. X 0 Form 990, Schedule G, Part III, Gaming Disclosures: From time-to-time the Organization's fundraising events may include one or more raffles as part of the event to generate additional support for its charitable mission. While the total gross receipts from all raffles during the year exceeded the $15,000 threshold for disclosure on Schedule G of this 990, relative to the Organization's total gross income, such receipts are immaterial to its operations as a whole. For this tax period, it was the Organization's understanding that these activities did not constitute "gaming" for purposes of any requirement to secure gaming licenses or registrations with any state or local authority. The Organization's representatives will contact the applicable municipal offices where such activities may occur to ensure that this position is appropriate. Accordingly, for this Form 990, Schedule G, Part III, Line 9a has been answered, "No". The raffle conducted during this tax period was managed entirely online and with the assistance of Event Groove, a third-party fundraising, event, and raffle management service provider and platform. Event Groove charged the Organization a service fee of 2.2% + $0.30 per raffle ticket transaction. However, the final amount deposited by Event Groove to the Organization ($25,487) was already net of these fees. Accordingly, the Organization is unable to determine an exact amount paid to Event Groove to manage this raffle, and so Schedule G, Part III, Line 15c has been left $0. However, given Event Groove's pricing formula, the amount paid could not have been less than approximately $573. As the raffle was conducted entirely online through Event Groove's system, the Organization has listed "no" on this Schedule G, Part III, Line 6, and 100% on Schedule G, Part III, Line 13a. No single or specific person employed by the Organization is responsible for managing the books and records of the Organization's charitable raffles, nor is any singular person designated as a "gaming manager". Rather, the Organization's development and communications manager, social media marketing coordinator, and the Organization's bookkeeper all contribute to the raffle management and recordkeeping process. Further, while these persons may assist the Organization in managing its fundraising events and initiatives may also from time-to-time assist with managing the raffles, such duties and activities are incidental to their overall role and position of employment within the Organization. If such persons are compensated by the Organization, such compensation is in relation and in return for their services in their capacity as an employee; any portion of compensation related to managing gaming activity would be de minimis in total and administratively impractical and immaterial to measure. X 842 Fair market value X 10 26098 Fair market value X Sporting goods 4 1558 Fair market value 0 1 0 Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an outside accounting firm. The Executive Director/CEO and Treasurer initially review the Form 990 after it is prepared by the contracted accounting firm and, upon their approval, the Form 990 is then distributed to the rest of the Board for their review and for final approval by the full Board. Form 990, Part VI, Section B, line 12c The Board Chair explains the Conflict of Interest Policy at board meetings to all board members and addresses any and all questions that the board may have at that time. The Conflict of Interest Disclosure Form is distributed to all board members at the board meeting. Any board members who are absent from the meeting are given the disclosure form electronically. Signed Conflict of Interest Disclosure Forms are collected at subsequent board meetings or are mailed to the offices of Hospitality Homes. Signed copies are kept in permanent files at the organization's corporate office. Form 990, Part VI, Section B, line 15 Officer compensation is reviewed by the board of directors. Hospitality Homes determines an appropriate wage for officer compensation by analyzing databases of the nonprofit sector. Hospitality Homes ultimately determines the amount to be paid to officers based on industry standards set by comparable tax-exempt entities relative to the officer's title, job description and responsibilities and length of service. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. The organization's tax filings and financial statements are also available from digital resources, such as Guidestar, The Boston Foundation Online Giving Common platform, and other public access databases. Form 990, Part XII, Line 2c: The audit process has not changed from the previous year.