2022-11-09T09:43:41-06:00 2021-12-31 010494526 Baker Newman & Noyes PO Box 507 Portland ME 04112 990 2021-01-01 043204112 Hospitality Homes Inc HOSP 8885954678 PO Box 15265 Boston MA 02215 Marc Volpe Treasurer 8885954678 2022-10-31 1 Marc Volpe 999009999 Connor Smart P02285543 2078792100 2022-10-31 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z Deborah Pepper PO Box 15265 Boston MA 02215 931190 0 X www.hosp.org X 1993 MA Hospitality Homes provides temporary housing (additional information on Schedule O...)(continued from page 1...) in volunteer host homes and other donated accommodations for families and friends of patients seeking care at Boston-Area medical centers. 16 16 7 120 0 0 679394 724205 72007 140631 8163 3875 6074 19142 765638 887853 0 0 0 0 344401 408254 26438 27000 98239 395772 499446 766611 934700 -973 -46847 1263752 1224784 115411 63685 1148341 1161099 X Hospitality Homes serves patients regardless of income level, background, religion, gender identity, sexual orientation, ability, age or diagnosis. We host people from all over 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 for more than 35 years, we work tirelessly to improve access to medical treatment by providing a safe harbor in a time of crisis. We are proud to serve as the trusted, go-to connector, providing medical hou 0 0 754004 0 140631 Through its network of close to 120 host homes, 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 open to all families, regardless of their income level, background, nationality, ethnicity, religion, gender identity, sexual orientation, ability, age, or diagnosis.(Continued on Schedule O)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 at no 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 38-year history, Hospitality Homes has provided close to 200,000 nights of housing. In the last ten years alone, the organization has served over 12,800 guests who traveled from over 50 U.S. States and Territories and 69 countries, saving them more than $18.8M in estimated equivalent hotel fees. These guests accompanied patients seeking treatment at 26 Boston-area healthcare facilities, and stayed an average of 12 nights.During 2021, the number of volunteer host homes available was still dramatically limited as the pandemic wore on and as people continued to use their modified guest rooms as home offices, or had family members home from school or were fearful or cautious given the many turns the virus had taken. Additionally, the CDC and the World Health Organization guidelines placed restrictions on capacity limits. Even so, we remained open and took care of more nights of stay in 2021 than ever before: 11,068 with an average length of stay of 14 nights. We did this by keeping our mission of helping families at the forefront and by utilizing significant cash reserves, negotiating discounted rates with select local hotel partners, corporate furnished apartment partners, and securing additional donated apartments as well as appealing to many generous donors and seeking support through specific grant providers. 754004 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 13 0 1 7 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 16 16 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 Kathryn Crist Director 1.00 0.00 X 0 0 0 Marty E Ellis SPHR 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 Kaarkuzhali Krishnamurthy MD Director 1.00 0.00 X 0 0 0 Jay Levine Director (end 4/2021) 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 1.00 0.00 X 0 0 0 Sara Nochur Chair 2.00 0.00 X X 0 0 0 Sarah L Schwartz Chair (end 6/21) 3.00 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 123115 0 4925 123115 0 4925 1 0 0 0 0 116968 47500 559737 5261 724205 Support services 561000 78652 78652 Apartment service fees 532000 61979 61979 140631 3875 3875 47820 116968 43337 4483 4483 14659 0 14659 14659 887853 140631 0 23017 128040 102432 6402 19206 228743 182995 11437 34311 8514 6811 426 1277 15741 12593 787 2361 27216 21433 1353 4430 12500 12500 27000 27000 40168 23128 15161 1879 1830 1830 38128 16144 21163 821 490 490 42996 34395 6450 2151 284 284 6778 6778 Housing services 186317 186317 Special Projects 165152 165152 Fundraising Appeals 4803 4803 934700 754004 82457 98239 439086 306690 223659 432323 184901 23008 12000 2841 13877 13877 0 0 401506 457322 2600 2600 1263752 1224784 67911 63685 47500 0 115411 63685 X 1039674 984708 108667 176391 1148341 1161099 1263752 1224784 -46847 59605 0 X X 0 1 X 1 0 X 529848 508890 487837 679394 724205 2930174 43985 43105 42395 72007 140631 342123 573833 551995 530232 751401 864836 3272297 168040 40930 10700 46552 52964 319186 0 168040 40930 10700 46552 52964 319186 2953111 8250 7874 11611 8163 3875 39773 8250 7874 11611 8163 3875 39773 71698 6010 6010 6074 19142 108934 653781 565879 547853 765638 887853 3421004 0.86320 0.79480 0.01160 0.01480 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 X 2652840 59605 1662045 43337 1764987 887853 0 887853 2640082 1662045 43337 1705382 934700 0 934700 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, 2021, 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 43,337. Part XII, Line 2d - Other Adjustments: Fundraising Expense 43,337. 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 $1,667,306 and $1,328,299 for the years ended December 31, 2021 and 2020 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 $600,600 and $568,200 for the years ended December 31, 2021 and 2020, respectively, have been included in the donated goods and accommodations amount presented above. The value of these accommodations is based on 3,003 estimated equivalent hotel room nights in 2021 at a rate of $200 per night (2,841 in 2020 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 property owners 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 $479,600 and $340,600 for the years ended December 31, 2021 and 2020, respectively. During the COVID-19 pandemic, as a result of the lack of available host accommodations, the Organization relied 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 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). Included in donated goods and accommodations for 2020 is an amount of $358,810, representing 3,604 nights provided at a discount of approximately $100 per night (which is the result of an average per night value of $200 less an average price paid by the Organization of approximately $100). X X X X X X 1 Page Consulting LLC 675 VFW Parkway Chestnut Hill MA 02467 Research; Analysis; Events; Grant Writing 0 131000 27000 104000 131000 27000 104000 MA Golf Tournament 122082 74262 47820 30719 10868 Races & Marathons 42706 42706 1750 164788 116968 47820 30719 12618 43337 4483 Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an outside accounting firm. The President, 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 Chairman of the Board 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.