Vna Care Network Inc

Organization Overview

Vna Care Network Inc is located in Worcester, MA. The organization was established in 1997. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2019, Vna Care Network Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Vna Care Network Inc generated $14.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $9.4m during the year ending 12/2019. While expenses have increased by 2.8% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

VNA CARE NETWORK FOUNDATION INC. PRIMARY EXEMPT PURPOSE IS TO RAISE AND INVEST FUNDS FOR THE BENEFIT OF ITS AFFILIATES TO FURTHER THEIR CHARITABLE ACTIVITIES HOME HEALTH CARE SERVICES AS WELL AS TO PROVIDE OPERATING FACILITIES AND MANAGEMENT SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

VNA CARE NETWORK FOUNDATION INC. PRIMARY EXEMPT PURPOSE IS TO RAISE AND INVEST FUNDS FOR THE BENEFIT OF ITS AFFILIATES TO FURTHER THEIR CHARITABLE ACTIVITIES OF HOME HEALTH CARE SERVICES AS WELL AS TO PROVIDE OPERATING FACILITIES AND MANAGEMENT SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Holly Chaffee
Past President & CEO
$437,607
Christopher Diguette
Chief Information Officer
$210,125
Michael Willette
Vp/strategic Transformatio
$197,037
Stephen Gut
VP Finance
$187,466
David Rose
Vp/human Resources
$178,157
Paula Boss
VP Clinical Services
$173,863

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Atrius Health Inc
Management Services
$785,802
Marsh & Mclennan Agency Llc
Legal Consulting
$115,916
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,409,638
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,409,638
Total Program Service Revenue$5,961,791
Investment income $869,588
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $3,379,651
Net Gain/Loss on Asset Sales $2,143,140
Net Income from Fundraising Events $460,794
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,224,602

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Vna Care Network Inc has recieved totaling $18,100.

Awarding OrganizationAmount
Umass Memorial Health Care Inc

Worcester, MA

PURPOSE: Support for Home Health and Hospice - Worcester Benefit Salute to Nurses

$10,000
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$8,100
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,690,752
Ending Balance$5,690,752

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