99 Arnot Avenue
Red Deer, AB T4R 3S6
Executive Director: Jerri Taylor
Board President: Wendi Ronspies

Charitable Reg. #:86645 0547 RR0001

STAR RATING

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✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

C

RESULTS REPORTING

Grade based on the charity's public reporting of the work it does and the results it achieves.

n/r

DEMONSTRATED IMPACT

The demonstrated impact per dollar Ci calculates from available program information.

NEED FOR FUNDING

Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.

88%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 88 cents are available for programs.



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Programs

About Red Deer Hospice:

Founded in 2000, Red Deer Hospice provides palliative care in a home-like setting in the community, providing physical, social, emotional, and spiritual support for people who are dying and their loved ones. It aims to support peoples' end of life that is peaceful and comfortable with dignity. The regional need for hospice care and respite care is growing. Hospice care helps the larger community by providing palliative care which frees up hospital beds and can reduce wait times.

Red Deer Hospice provides specialized palliative care 24/7 with nurses specifically trained in hospice nursing. Its goal is to provide “Cadillac care”, individualized and personal, for those at the end of life. Each resident has a private room/living room. Red Deer Hospice covers a wide area of Central Alberta and family can sleep over, with pets!

To meet the growing need in the community, Red Deer Hospice fundraised to expand its home from 10 beds to 16 beds. This expansion will enable Red Deer Hospice to serve 100 new patients and families each year. During this construction year, Red Deer Hospice provided care to 142 patients compared with 169 patients in F2018. Since opening its residential hospice in 2005, Red Deer Hospice has served over 1,400 residents. The recent hospice expansion cost $5.2 million and opened on October 7, 2019.

Alongside its 24-hour palliative care for residents, Red Deer Hospice offers bereavement programs. Through community outreach, Red Deer Hospice supports people through grief. Red Deer Hospice also provides respite care with day programs for people still able to function at home but where the caregiver requires a break.

During COVID-19, Red Deer Hospice has remained operational at approximately 75% capacity, despite temporarily reducing staffing. It has taken all precautions for its residents and staff. Only essential family were allowed to visit with special considerations granted on a case-by-case basis. No COVID cases reported as of the date of this report.

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Results and Impact

Charity Intelligence calculates that Red Deer Hospice's total operating costs per day of stay are $803, in line with Alberta hospital costs of $805 in 2018. For the year ending August 2019 Red Deer Hospice provided end-of-life care to 142 residents for a combined 2,840 days in residency. On average, end-of-life care is 20 days. Hospices free up hospital beds. Red Deer Hospice does not report results and impact on its counselling programs and grief support.

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Finances

Red Deer Hospice is a medium-sized charity with donations of $1.7 million and government funding of $1.6 million. Its management and administrative costs are only $48k which is 1.4% of total revenues. Its fundraising costs are 10% of donations. Red Deer Hospice spends 12% on overhead. For every dollar donated, 88 cents go to the cause. This is within Charity Intelligence’s reasonable range.

To pay for the hospice expansion, Red Deer Hospice took out a $2.2m mortgage. As such its funding reserves are ($281k) indicating a need for support.

Red Deer Hospice reports that Alberta Health Services has committed to grant $2.8m yearly that will reduce its need for donations to fund operations.

This year Jerri Taylor became Red Deer Hospice’s Executive Director.

This charity report is an update that has been sent to Red Deer Hospice for review. Changes and edits may be forthcoming.

Updated on June 19, 2020 by Kate Bahen. 

Financial Review


Financial Ratios

Fiscal year ending August
201920182017
Administrative costs as % of revenues 1.4%2.5%2.7%
Fundraising costs as % of donations 10.2%17.9%18.9%
Total overhead spending 11.6%20.4%21.5%
Program cost coverage (%) (15.6%)116.9%112.7%

Summary Financial Statements

All figures in $s
201920182017
Donations 1,696,3791,216,3881,031,928
Goods in kind 29,75979,5010
Government funding 1,627,394841,174843,675
Fees for service 8,19810,07810,724
Investment income 70,63275,37752,938
Other income 00600
Total revenues 3,432,3622,222,5181,939,865
Program costs 1,979,0281,731,7321,701,519
Administrative costs 47,85353,60249,946
Fundraising costs 173,041217,341194,598
Other costs 5,2235,5150
Total spending 2,205,1402,008,1901,946,063
Cash flow from operations 1,227,217214,328(6,198)
Capital spending 3,676,740544,35217,386
Funding reserves (281,450)2,051,6181,944,339

Note: Charity Intelligence's analysis unwinds deferred donations to show donations in the year received. This creates a difference in the donations Red Deer Hospice reports in its audited financial statements from the numbers shown by Charity Intelligence. Charity Intelligence reports an increase in donations of $835k in F2019, $73k in F2018, and $0 in F2017. Donations for the expansion of the hospice are similarly not shown in the year received but rather amortized with a portion of the donation shown in each year over the life of the hospice. Charity Intelligence removes this amortization of donations: ($70k) in F2019, ($81k) in F2018 and ($90k) in F2017. Red Deer Hospice presents its unrealized investment income below the line. Charity Intelligence reports realized and unrealized investment income together in revenues.

Salary Information

Full-time staff: 12

Avg. Compensation: $63,506

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
4
$40k - $80k
6
< $40k
0

Information from most recent CRA Charities Directorate filings for F2019

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Comments & Contact

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Charity Contact

Website: www.reddeerhospice.com
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 403-309-4344

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