HOSPICE OF THE PIEDMONT INC Charity Report

Public IRS 990 nonprofit record

HOSPICE OF THE PIEDMONT INC

EIN 58-1453827 · Hospices (P74)

What they do

to PROVIDE COMPASSIONATE INTERDISCIPLINARY HOSPICE and PALLIATIVE CARE to PATIENTS WITH A PROGNOSIS of SIX MONTHS or LESS. THIS CARE is PROVIDED IN THE PATIENTS HOME, NURSING and ASSISTED LIVING FACILITIES IN THE PIEDMONT TRIAD of NORTH CAROLINA, IN THE ORGANIZATIONS 18-BED HOSPICE FACILITY IN HIGH POINT, or IN THE ORGANIZATIONS 16-BED FACILITY IN ASHEBORO.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders27 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

83.28%of revenue went to mission work82.6% of expenses · Program services

2.00%of revenue went to fundraising2.0% of expenses

$100.77spent for every $100 of revenueSpending was higher than revenue this year.

15.49%of revenue went to management and office costs15.4% of expenses

$1.53in assets for every $1 spent this yearSome assets cannot be spent right away.

4.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $214,623 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $303,427 for HOMA MAGSI (MEDICAL DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$27,788,615

Mission workProgram services$23,142,81883.28% of revenue82.6% of expenses

ManagementOffice and general costs$4,305,17615.49% of revenue15.4% of expenses

FundraisingAsking for donations$555,2442.00% of revenue2.0% of expenses

Total expenses$28,003,238100.77% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 82.6% mission · 15.4% management · 2.0% fundraisingTotal expenses: 100.77% of revenue

2023Expense mix: 82.8% mission · 15.1% management · 2.1% fundraisingTotal expenses: 101.74% of revenue

2022Expense mix: 82.6% mission · 15.3% management · 2.0% fundraisingTotal expenses: 90.61% of revenue

2021Expense mix: 84.1% mission · 13.6% management · 2.3% fundraisingTotal expenses: 94.22% of revenue

2020Expense mix: 85.8% mission · 12.3% management · 1.9% fundraisingTotal expenses: 90.16% of revenue

2019Expense mix: 84.8% mission · 12.8% management · 2.4% fundraisingTotal expenses: 88.99% of revenue

2018Expense mix: 86.8% mission · 10.8% management · 2.3% fundraisingTotal expenses: 97.95% of revenue

2017Expense mix: 86.8% mission · 10.8% management · 2.4% fundraisingTotal expenses: 95.13% of revenue

Money in and money out

Revenue$27,788,615

Expenses$28,003,238

Annual shortfall $214,623 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$23,142,818 · 82.6% of expenses

Management and office costs$4,305,176 · 15.4% of expenses

Fundraising$555,244 · 2.0% of expenses

See all reported dollar amounts

Revenue$27,788,615

Expenses$28,003,238

Assets$42,842,400

Income$34,635,094

Contributions$1,368,063

Mission work (program services)$23,142,818

Fundraising$555,244

Management and general$4,305,176

Executive compensation (total)$1,811,035

Accounting fees$78,280

Investing fees$49,887

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

HOMA MAGSIMEDICAL DIRECTOR · 40 hrs/week $303,427Base $278,714 · Other $24,713

AMY BARUCHPHYSICIAN · 40 hrs/week $286,650Base $251,341 · Other $35,309

TRENT COCKERHAMCEO · 40 hrs/week $257,299Base $234,783 · Other $22,516

GENE FREEMANMEDICAL DIRECTOR · 40 hrs/week $255,290Base $226,575 · Other $28,715

PATRICIA SHELVINPHYSICIAN · 40 hrs/week $239,751Base $217,997 · Other $21,754

BARRY LEONARDCFO · 40 hrs/week $187,096Base $169,148 · Other $17,948

MAIKE COPELANDPHYSICIAN · 32 hrs/week $175,839Base $167,466 · Other $8,373

SUSAN COXCHIEF NURSING OFFICER · 40 hrs/week $173,804Base $155,281 · Other $18,523

CARLEY BLOOMFIELDPHYSICIAN · 40 hrs/week $140,547Base $129,827 · Other $10,720

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (27)

HOMA MAGSIMEDICAL DIRECTOR

AMY BARUCHPHYSICIAN

TRENT COCKERHAMCEO

GENE FREEMANMEDICAL DIRECTOR

PATRICIA SHELVINPHYSICIAN

BARRY LEONARDCFO

MAIKE COPELANDPHYSICIAN

SUSAN COXCHIEF NURSING OFFICER

CARLEY BLOOMFIELDPHYSICIAN

VICKIE GALLIMOREBOARD MEMBER

TYLER WILHOITBOARD MEMBER

SUSAN MORRIS WOODBOARD MEMBER

STEVE HEADLEETREASURER

STEPHANIE JOHNSONVICE CHAIRMAN

PAULA CORREABOARD MEMBER

MARY POWELL DELILLEBOARD MEMBER

LUKE HOLLINGSWORTHBOARD MEMBER

LEAH PRICEBOARD MEMBER

KERR RAMSAYBOARD MEMBER

KAREN ODOMBOARD MEMBER

JENNIFER CONRADBOARD MEMBER

JEFF MILLERIMMEDIATE PAST CHAIRMAN

DEAN SEXTONBOARD CHAIRMAN

COURTNEY BESTSECRETARY

CONNIE LINEBERRYBOARD MEMBER

CLARK GIBSONBOARD MEMBER

BRAD CRUMPLERBOARD MEMBER

About this charity

Recognized since: January 1982
Location: 1801 WESTCHESTER DR, HIGH POINT, NC 27262-7009
County: Guilford
In care of: WILLIAM T COCKERHAM
Primary officer: WILLIAM T COCKERHAM, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Phone(336) 889-8446

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: WILLIAMS OVERMAN PIERCE LLP
NTEE classification: Hospices (P74)
IRS tax category: Hospices