2023-07-20T06:46:35-05:00 2022-12-31 010494526 Baker Newman & Noyes PO Box 507 Portland ME 04112 990 2022-01-01 043204112 Hospitality Homes Inc HOSP 8885954678 PO Box 15265 Boston MA 02215 Marc Volpe Treasurer 8885954678 2023-07-18 1 Marc Volpe 999009999 0 Connor Smart P02285543 2078792100 2023-07-18 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Deborah Pepper PO Box 15265 Boston MA 02215 1076232 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. 15 15 10 120 0 0 724205 844643 140631 162447 3875 10211 19142 9949 887853 1027250 0 0 0 0 408254 510839 27000 27000 135494 499446 435806 934700 973645 -46847 53605 1224784 1263461 63685 135687 1161099 1127774 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 677077 162447 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 2022, as the pandemic thankfully began 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. 677077 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 10 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 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 Anu Advani Director 1.00 0.00 X 0 0 0 Rich Allred Director 1.00 0.00 X 0 0 0 Christina M Bergeron Director 1.00 0.00 X 0 0 0 Marty E Ellis SPHR Director (End 11/2022) 1.00 0.00 X 0 0 0 Rob Ettinger Director (Start 9/2022) 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 (Start 11/2022) 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 Sinead Oliver Director 1.00 0.00 X 0 0 0 Judy E Paradis Director 1.00 0.00 X 0 0 0 Namrata Singhal Director (End 6/2022) 1.00 0.00 X 0 0 0 Sara Nochur Chair 2.00 0.00 X X 0 0 0 Monica Fisher 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 128400 0 4187 128400 0 4187 1 0 0 0 0 154606 690037 844643 Support services 561000 100000 100000 Apartment service fees 532000 62447 62447 162447 10211 10211 46070 154606 48982 -2912 -2912 12861 0 12861 12861 1027250 162447 0 20160 132587 92811 19888 19888 306898 214828 46035 46035 9792 6854 1469 1469 30510 21358 4576 4576 31052 21736 4658 4658 22085 22085 27000 27000 24608 24608 7264 2081 5183 37530 12340 23224 1966 2474 2474 48396 33878 7259 7259 2355 2355 7272 7272 Special Projects 246660 246660 Housing services 19702 19702 Fundraising Appeals 17460 17460 973645 677077 161074 135494 306690 269384 432323 81718 23008 19352 2841 480 13877 13877 0 0 457322 831734 2600 60793 1224784 1263461 63685 76771 0 58916 63685 135687 X 984708 887289 176391 240485 1161099 1127774 1224784 1263461 53605 -86930 0 X X 0 1 X 1 0 X 508890 487837 679394 724205 844643 3244969 43105 42395 72007 140631 162447 460585 551995 530232 751401 864836 1007090 3705554 40930 10700 46552 52964 38080 189226 0 40930 10700 46552 52964 38080 189226 3516328 7874 11611 8163 3875 10211 41734 7874 11611 8163 3875 10211 41734 6010 6010 6074 19142 9949 47185 565879 547853 765638 887853 1027250 3794473 0.92670 0.86320 0.01100 0.01160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 98667 98667 98667 98667 98667 98667 98667 98667 98667 98667 0.00000 1.00000 0.00000 0 0 13877 13877 0 0 Operating Lease Liabilities 58916 58916 X 4111312 -86930 3122010 48982 3084062 1027250 0 1027250 4144637 3122010 48982 3170992 973645 0 973645 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, 2022, 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 Expense 48,982. Part XII, Line 2d - Other Adjustments: Fundraising Expense 48,982. 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 $3,122,010 and $1,667,306 for the years ended December 31, 2022 and 2021, respectively, have been recorded as both revenue and expense in the Organization's audited 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 $1,463,548 and $600,600 for the years ended December 31, 2022 and 2021, respectively, have been included in the donated goods and accommodations amount presented above. The value of these accommodations is based on 5,461 estimated equivalent hotel room nights in 2022 at a rate of $268 per night (3,003 in 2021 at a rate of $200). 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 $801,320 and $479,600 for the years ended December 31, 2022 and 2021, 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 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). Included in donated goods and accommodations for 2021 is an amount of $580,480, representing 7,256 nights provided at a discount of approximately $80 per night (which is the result of an average per night value of $200 less an average price paid by the Organization of approximately $120). 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, 2022, 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 260000 27000 233000 260000 27000 233000 MA Golf Tournament 121175 75105 46070 22588 12894 7475 Races & Marathons 79501 79501 6025 200676 154606 46070 22588 12894 13500 48982 -2912 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.