Hudson Valley Hospice Inc

Poughkeepsie, New York - EIN 14-1638619 - Latest filing: fiscal 2025 (Jan 1, 2025 - Dec 31, 2025)

HOW TO READ THIS PAGE

How to read this page: every figure below is from the fiscal-2025 Form 990, filed May 5, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 5, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.

THE FILING IN ONE PARAGRAPH

Hudson Valley Hospice Inc reported $52,178,634 in revenue and $48,940,341 in expenses in fiscal 2025, a surplus of $3,238,293 for the year. Program services took $41,097,196 of expenses, or 84.0%. The organization closed the year with $34,881,210 in net assets - about 8.6 months of expenses at the fiscal-2025 spending level.

At a Glance - Fiscal 2025

All values are fiscal 2025 unless a tile says otherwise.

TOTAL REVENUE - FISCAL 2025
$52,178,634

Up 4.1% from $50,136,534 in fiscal 2024.

TOTAL EXPENSES - FISCAL 2025
$48,940,341

Revenue minus expenses: $3,238,293 in fiscal 2025.

PROGRAM EXPENSE SHARE - FISCAL 2025
84.0%

$41,097,196 of $48,940,341 went to program services.

NET ASSETS - END OF FISCAL 2025
$34,881,210

Total assets $44,200,048 minus total liabilities $9,318,838.

TOP EXECUTIVE PAY - FISCAL 2025
$423,758

Michael Kaminski, President/CEO, as reported on the fiscal-2025 Form 990, filed May 5, 2026. Total across all compensation columns.

PEOPLE REPORTED - FISCAL 2025
476 Employees

Plus 178 volunteers reported on the fiscal-2025 Form 990.

Money In, Money Out - Fiscal 2025

Revenue and expenses as reported on the fiscal-2025 Form 990, filed May 5, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.

Where the Money Went - Fiscal 2025

Program Services$41,097,196 (84.0%)
Fundraising$0 (0.0%)
Management and General$7,843,145 (16.0%)

Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.00 - $0 in fundraising expenses divided by $798,810 in total contributions.

Where the Money Came From - Fiscal 2025

SourceFiscal 2025
Total Contributions$798,810
Related Organizations$797,810
All Other Contributions$1,000
Program Service Revenue$50,385,905
Investment Income$893,919
Other Revenue$100,000
Total Revenue (All Sources)$52,178,634
Government Grants - Not Broken Out
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.

Reserves and Balance Sheet - Fiscal 2025

Reserves and Runway

8.6 Months

of reserves - $34,881,210 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $4,078,361 in fiscal 2025.

Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.

Balance Sheet - End of Fiscal 2025

Total Assets$44,200,048
Total Liabilities$9,318,838
Liabilities as Share of Assets21.1%
Net Assets$34,881,210

Leadership Pay - Fiscal 2025

Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed May 5, 2026.

Name and Title, as ReportedTotal Pay - Fiscal 2025Share of Expenses
Michael Kaminski - President/CEO$423,7580.87%
Steven Jacobs - Medical Director$290,5890.59%
Teresa Holstein - Senior VP/COO$228,8610.47%
Allison Greene - Nurse Practioner$211,3150.43%
Lisa Sager - Past Medical Director$197,2380.40%
Jason Wertheim - VP Patient Services$190,6450.39%
Pricilla Kraut - VP Patient Access$186,0150.38%
Lauren Lundy - Nurse Practioner$182,5020.37%
Stephanie Wilson - VP Finance/CFO$164,9560.34%
Bernadette Ryan - Nurse Practitioner$164,9120.34%
Lisa Wilson - Executive Director$160,4730.33%

The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.

Board and Governance - Fiscal 2025

Board and policy answers as reported on the fiscal-2025 Form 990, filed May 5, 2026.

Board Roster - as Reported on the Fiscal-2025 Form 990

14 voting members, 14 independent - independence count as reported on the fiscal-2025 Form 990.

Name, as ReportedRole, as Reported
Michael KaminskiPresident/CEO
Steven JacobsMedical Director
Teresa HolsteinSenior VP/COO
Allison GreeneNurse Practioner
Lisa SagerPast Medical Director
Jason WertheimVP Patient Services
Pricilla KrautVP Patient Access
Lauren LundyNurse Practioner
Stephanie WilsonVP Finance/CFO
Bernadette RyanNurse Practitioner
Lisa WilsonExecutive Director
Jeffrey Feldman EsqChairperson
Helen RinaudoFirst Vice Chairperson
Stephen Lichtenberg MDSecond Vice Chairperson
Todd BarightSecretary
Ellen GriffinTreasurer
Frederick ShequineAssistant Secretary
Chuck BenferMember
Susan Bisceglia EsqMember
Sarah GillespieMember
Rev Cameron HardyMember
Gaye MalletMember
Mark MaloneMember
James Scaduto MDMember
David Wise EsqMember
John Keene MDPast Member
Lee Miringoff PhDPast Member
Charlie NorthPast Member

Governance Policy Flags - Fiscal 2025

Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence14 voting / 14 independent

Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.

Grants - Fiscal 2025

Grants Made - Fiscal 2025

This organization reported $0 in grants paid and filed no Schedule I for fiscal 2025. The page states that directly instead of leaving a blank grants section. Grantmaking organizations show a full recipient list in this section - recipient name, amount and stated purpose, as reported.

Trend - Revenue

Years are shown only where a filing is held. Missing years are absent, never filled in.

FY24 FY25
Revenue, fiscal 2024 to fiscal 2025 - the two years held on this record.
Fiscal YearRevenueChange
Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing)$50,136,534-
Fiscal 2025$52,178,634+4.1%

This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.

Filings on Record

Tax PeriodFormStatusSource
Jan 1, 2025 - Dec 31, 2025Form 990In Force - Filed May 5, 2026Original Filing at the IRS

If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.

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