Cornerstone Vna
- Assets
- $17.2m
- Revenue
- $21.6m
- Investments
- $0.0
- Employees
- 216
- Location
- Rochester, NH
- Founding
- 09/1971
- Data as of
- 12/2021
- EIN
- 02-0231026
Organization Overview
Cornerstone Vna is located in Rochester, NH. The organization was established in 1971. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Cornerstone Vna employed 216 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Vna is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Cornerstone Vna generated $21.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $16.8m during the year ending 12/2021. While expenses have increased by 8.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE OPTIMUM LEVEL OF WELL-BEING, INDEPENDENCE AND DIGNITY OF THOSE LIVING IN THE COMMUNITY BY PROVIDING TRUSTED, COMPASSIONATE AND EXPERT HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME HEALTH - PROVIDES ACUTE HOME CARE SERVICES TO PATIENTS WHO CAN BE CARED FOR AT HOME OR IN A CLINIC SETTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Kunkemueller Medical Director | 40 | $222,835 | |
Julie Reynolds President & Chief Executive Officer | Officer | 40 | $213,027 |
Jennifer Gullison Vice President Of Operations | Officer | 40 | $140,298 |
Haley Bustos Nurse Practioner | 40 | $121,179 | |
Alexa Gordon Nurse Practioner | 40 | $118,799 | |
Cornelius Donnelly Nurse | 40 | $115,160 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $3,166 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,806,171 |
| All other contributions, gifts, grants, and similar amounts not included above | $72,092 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,881,429 |
| Total Program Service Revenue | $16,618,757 |
| Investment income | $57,994 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $61,211 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,619,391 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $538,469 |
| Compensation of current officers, directors, key employees. | $538,469 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,742,533 |
| Pension plan accruals and contributions | $149,226 |
| Other employee benefits | $1,204,568 |
| Payroll taxes | $898,230 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $88,142 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,792 |
| Fees for services: Other | $424,439 |
| Advertising and promotion | $45,024 |
| Office expenses | $206,154 |
| Information technology | $469,290 |
| Royalties | $0 |
| Occupancy | $85,033 |
| Travel | $413,951 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,179 |
| Interest | $179 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $224,375 |
| Insurance | $63,443 |
| All other expenses | $0 |
| Total functional expenses | $16,844,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,034 |
| Savings and temporary cash investments | $2,553,128 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,160,212 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $156,725 |
| Net Land, buildings, and equipment | $2,493,685 |
| Investments—publicly traded securities | $6,612,591 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,161,392 |
| Total assets | $17,189,767 |
| Accounts payable and accrued expenses | $2,099,069 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $987,631 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,086,700 |
| Net assets without donor restrictions | $12,931,947 |
| Net assets with donor restrictions | $1,171,120 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,189,767 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cornerstone Vna has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
First Seacoast Community Foundation Inc Dover, NH PURPOSE: ROCHESTER BRANCH HOLIDAY DONATION | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catalyst Institute Inc Boston, MA | $933,932,322 | $52,496,525 |
Last Mile Health Boston, MA | $29,516,883 | $24,591,447 |
Uhealthsolutions Inc Shrewsbury, MA | $43,602,743 | $21,401,980 |
Cornerstone Vna Rochester, NH | $17,189,767 | $21,619,391 |
Opportunity Enterprises Auburn, ME | $4,183,146 | $8,438,268 |
Safe Voices Auburn, ME | $1,696,537 | $3,457,654 |
Radical Hope Inc Concord, MA | $3,514,835 | $2,245,709 |
Pernet Family Health Service Inc Worcester, MA | $1,375,447 | $2,346,894 |
Sexual Assault Support Services Of Midcoast Maine Brunswick, ME | $249,442 | $1,122,088 |
Nh Community Behavioral Health Association Concord, NH | $416,449 | $888,195 |
Path Check Inc Cambridge, MA | $791,654 | $869,356 |
Cancer Connection Inc Northampton, MA | $1,866,180 | $919,168 |