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Cornerstone Hospice and Palliative Care

Temple Terrace, FL · EIN 59-2330114 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Cornerstone Hospice and Palliative Care reported $94.1 million in revenue and $100.1 million in expenses for calendar year 2024. Of every $100 it spent, $83.11 went to program services, $16.89 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.9% of the total. The highest compensation it reported for one person was $2,257,453 (PRESIDENT/CEO). 59 people received more than $100,000 in reportable compensation. Revenue rose 6% between FY2020 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $100M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $94M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 3,614 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
83.1%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
16.9%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.1%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%2.4%
Program service revenue share
Part VIII 2g ÷ 12
98.9%70.8%
Highest reported compensation
Part VII-A, columns D–F
$2,257,453$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.26%1.18%
People paid over $100,000
Part VII, line 2
596
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
2.26.9
Independent voting board members
Part VI 1a–1b
6 of 10100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$83M expenses · 100.0% of program spending · revenue $93M

The organization provides a full range of medical and supportive services to individuals and their families facing a crisis of terminal illness. These services include, but are not limited to customized treatment programs, comfort and pain management, regularly scheduled visits from nurses who specialize in the recognition and treatment of pain, 24/7 on call services, counseling for family members, and children's bereavement program. Care services are provided at home, in assisted living and nursing home environments, or in hospice care centers. During the year, Cornerstone Hospice served…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/CEO
Director/trustee, officer, 2.0 hrs/week
$0$1,594,079$663,374$2,257,453
Chief Medical Officer
Director/trustee, officer, 2.0 hrs/week
$0$652,983$106,634$759,617
Chief Business Development Officer
Officer, 2.0 hrs/week
$0$707,432$21,141$728,573
Chief Operating Officer
Director/trustee, officer, 2.0 hrs/week
$0$509,984$203,486$713,470
CHIEF FINANCIAL OFFICER
Director/trustee, officer, 2.0 hrs/week
$0$484,344$179,971$664,315
Chief People Officer
Officer, 2.0 hrs/week
$0$427,298$159,229$586,527
Chief Information Officer
Officer, 2.0 hrs/week
$0$454,183$70,395$524,578
Former Chief Administrative Officer
Former, 0.0 hrs/week
$0$520,000$0$520,000

59 people received more than $100,000 in reportable compensation from Cornerstone Hospice and Palliative Care (Part VII, line 2). Compensation of current officers, directors and key employees totaled $804K (Part IX, line 5).

6 filings since FY2020

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpensesShort periods (after a fiscal-year change) are in the table, not the chart.
$0$50M$100M$150M$200MFY2020FY2021FY202220232024$94M$100M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$94M$100M83.1%$18M$2,257,453
2023 ⓘ$86M$86M86.4%$53M$2,545,351
FY2022 (3 mo.) ⓘ$21M$18M76.7%$64M$2,237,403
FY2022 ⓘ$87M$77M73.9%$75M$1,354,100
FY2021 ⓘ$79M$77M72.4%$70M$585,024
FY2020 ⓘ$89M$85M72.4%$68M$508,306

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 6 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5728
  • Volunteers Part I, line 6306

Correct a figure or respond

Every number above is copied from Cornerstone Hospice and Palliative Care's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Cornerstone Hospice and Palliative Care, you can publish a response that is linked from this page.

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Questions people ask

How much of Cornerstone Hospice and Palliative Care's spending goes to programs?

In calendar year 2024, Cornerstone Hospice and Palliative Care reported that 83.1% of its $100.1 million in expenses went to program services, 16.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Cornerstone Hospice and Palliative Care pay its top executive?

The largest total compensation Cornerstone Hospice and Palliative Care reported for one person in calendar year 2024 was $2,257,453, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Cornerstone Hospice and Palliative Care get its money?

Of $94.1 million in revenue in calendar year 2024, 1.1% came from contributions and grants and 98.9% from program service revenue (Form 990, Part VIII).

Is Cornerstone Hospice and Palliative Care a registered charity?

The IRS lists EIN 59-2330114 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503139349300610 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443109349301149 · read the filing
  • FY2022 (3 mo.): Form 990 for the 3-month short period ending December 31, 2022, object 202342929349300839 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202342299349300744 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202202279349303360 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202142039349300704 · read the filing

All filings for EIN 59-2330114: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.