Hospice Charitable Properties INC EIN 46-1574818 Form 990 (PDF) Claim this org

Hospice Charitable Properties INC

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Collects property income and gives it to a hospice. For fiscal year 2024 it reported $-101K in revenue, $0 in expenses, and $906K in net assets.Pt I

Type
Mutual-benefit / member-serving · Community Development
Location
Fresno, CA
Filings
5 on file (2020–2024)
Revenue
$-101KFY2024
Expenses
$0
Net assets
$906K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-1574818 Mutual-benefit / member-serving Fresno, CA
Form 990 (PDF)
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Size
<$100K
What they do
Collects property income and gives it to a hospice.
Leadership
Eric Klimes · CEO/President
Money in and out
$-101K revenue, $0 expenses
Reported financial activity · FY2024
Total revenue
$-101K
Pt VIII · Ln 12
Total expenses
$0
Pt IX · Ln 25
Net assets
$906K
Pt X · Ln 32

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$-101K
FY2024▲ +75%
Expenses
$0
FY2024
Total assets
$4.5M
FY2024▼ -4%
Total liabilities
$3.6M
FY2024▼ -44%
Total revenue
$-101K
Pt VIII · Ln 12
Total expenses
$0
Pt IX · Ln 25
Net assets
$906K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$101K
Total assetsPt X · Ln 16$4.5M
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2023.
01

Hospice Charitable Properties, Inc. ("HCPI") is a wholly owned subsidiary of Hinds Hospice, a 501(c)(3) corporation. It is a title holding corporation pursuant to Internal Revenue Code Section 501(c)(2).

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHospice Charitable Properties INC
EINHdr · item D46-1574818
Principal addressHdr · item CFresno, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(2) · active
NTEE classificationIRS BMFCommunity Development (S50)
Ruling yearIRS BMFJan 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
CEO/President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
See Hospice Charitable Properties INC executive salaries →

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Balance Sheet

Part X · end of year
CashLn 1$11K
Total assetsLn 16$4.5M
Total liabilitiesLn 26$3.6M
Total net assetsLn 32$906K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $11K · Operating expenses/yr $0
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $0 · Total expenses $0
Management & General
Management & general $0 · Total expenses $0
Fundraising
Fundraising $0 · Total expenses $0
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $6K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $19K · Total revenue $-101K
Government reliance
Government grants — · Total revenue $-101K
Earned-income share
Program service revenue $0 · Total revenue $-101K
Investment reliance
Investment income $41K · Total revenue $-101K
Program self-sufficiency
Program service revenue $0 · Total expenses $0
Growth & trend
Revenue growth (YoY)
This year $-101K · Prior year $-407K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $906K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $-101K · Expenses $0
Liabilities-to-Assets
Total liabilities — · Total assets $4.5M
Net-asset ratio
Net assets $906K · Total assets $4.5M
20%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $4.5M
0%
People & payroll
Highest Reported Total Compensation
Individual Eric Klimes · Reported title CEO/PRESIDENT · Highest reported compensation $0 · Total expenses $0
Total expenses not reported — showing dollar figure only
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $0
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Fundraising cost ratio 0%
Revenue growth 75%
Investment management fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$-101K revenue · viewing · ⤓ 990 PDF
FY2023$-407K revenue · ⤓ 990 PDF
FY2022$-287K revenue · ⤓ 990 PDF
FY2021$-254K revenue · ⤓ 990 PDF
FY2020$-220K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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