VALLEY HOSPICE, INC.
COMBINED OFFICE OPERATIONS
STATEMENT OF ASSETS, LIABILITIES, & EQUITY
FOR THE YEAR ENDED DECEMBER 31, 2014
ASSETS
CURRENT ASSETS:
Short & Long Term Investments $ 1,267,693
Cash $ 2,089,691
Accounts Receivable $ 1,548,570
Prepaid Expenses $ 81,045
Total Current Assets $ 4,986,999
TOTAL RESTRICTED ASSETS:
Restricted Assets –
Total Restricted Assets –
TOTAL FIXED ASSETS:
Fixed Assets $ 7,214,362
Total Fixed Assets $ 7,214,362
TOTAL ASSETS $12,201,361
LIABILITIES AND EQUITY
CURRENT LIABILITY:
Accrued Expenses $ 4,904,152
Total Current Liability $ 4,904,152
EQUITY:
Fund Balance $ 7,297,209
Total Equity $ 7,297,209
TOTAL LIABILITIES & EQUITY $12,201,361
VALLEY HOSPICE, INC.
WEST VIRGINIA OPERATIONS
STATEMENT OF REVENUE AND EXPENSES
FOR YEAR ENDED DECEMBER 31, 2014
INCOME
Service Revenue $7,562,090
OPERATING EXPENSES
Operating Expenses $6,780,251
NET PROFIT (LOSS) ON
OPERATIONS $781,839
OTHER INCOME
Other Income $83,282
Extraordinary Item –
FUNDS AVAILABLE FOR
PROGRAM DEVELOPMENT $865,121
Valley Hospice, Inc. is a nonprofit 501 (C) (3)
corporation serving the following counties
in Ohio and West Virginia. In Ohio: Belmont,
Columbiana, Guernsey, Harrison, Jefferson,
and Monroe. In West Virginia: Brooke,
Hancock, Marshall, and Ohio. Valley
Hospice, Inc. is governed by a Board of Trustees
made up by individuals from communities throughout our service area.
The details from the above advertisement are available for copying or public inspection at:
Health Care Cost Review Authority
100 Dee Drive, Suite 201
Charleston, WV 25311
N.R. April 28, 2015
234289