Vns Choice
- Assets
- $728.2m
- Revenue
- $1.9b
- Investments
- $0.0
- Employees
- 810
- Location
- New York, NY
- Founding
- 01/1998
- Data as of
- 12/2021
- EIN
- 13-3951057
Organization Overview
Vns Choice, operating under the name Vns Health Health Plans, is located in New York, NY. The organization was established in 1998. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Vns Health Health Plans employed 810 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vns Health Health Plans 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, Vns Health Health Plans generated $1.9b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.8b during the year ending 12/2021. While expenses have increased by 4.2% 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 HELP MEMBERS CONTINUE TO LIVE INDEPENDENTLY IN THEIR OWN HOMES AND COMMUNITIES. PLEASE REFER TO CORE FORM, PART III & SCHEDULE O FOR ADDITIONAL INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGED LONG-TERM CARE: VNS CHOICE D/B/A VNS HEALTH HEALTH PLANS, A MANAGED CARE ORGANIZATION LICENSED UNDER ARTICLE 44 OF THE NEW YORK STATE HEALTH LAWS, OPERATES A MANAGED LONG-TERM CARE ("MLTC") AND "MLTC PLUS" PROGRAMS.
SELECTHEALTH: IN 2012, VNS CHOICE D/B/A VNS HEALTH HEALTH PLANS, A MANAGED CARE ORGANIZATION LICENSED UNDER ARTICLE 44 OF THE NEW YORK STATE HEALTH LAWS, ACQUIRED A MEDICAID HIV SPECIAL NEEDS PLAN SELECTHEALTH FROM VNS HEALTH. PLEASE REFER TO SCHEDULE O FOR ADDITIONAL INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hany Abdelaal DO Pres., Vns Health Health Plans | Officer | 55 | $961,961 |
Lori Ferguson Svp, Cmd-Mso (term 11/2021) | Officer | 55 | $607,005 |
Thomas Dwyer Svp, Choice Select(term 05/21) | Officer | 55 | $506,867 |
Mihriban Gursoy Brickner Vp, Chief Qual & Imp Officer | 55 | $362,304 | |
Jay Dobkin MD Cmo, Health Plans | 55 | $355,553 | |
Alexander Torres Vp, Coo-Mso (term 11/2021) | 55 | $333,696 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cooperative Home Care Assoc Inc Home Health Aides | 12/30/21 | $48,007,532 |
Premier Home Health Care Services Home Health Aides | 12/30/21 | $47,227,961 |
Concepts Of Independence Home Health Aides | 12/30/21 | $69,792,984 |
New Partners Inc Home Health Aides | 12/30/21 | $166,415,304 |
Freedom Care Home Health Aides | 12/30/21 | $62,229,688 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $432,155 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $432,155 |
| Total Program Service Revenue | $1,914,575,687 |
| Investment income | $5,581,543 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $885,155 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,922,324,713 |
| 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. | $2,164,463 |
| Compensation of current officers, directors, key employees. | $1,435,235 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,997,711 |
| Pension plan accruals and contributions | $4,440,922 |
| Other employee benefits | $10,966,611 |
| Payroll taxes | $4,261,595 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $79,105 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $610,794 |
| Fees for services: Other | $1,632,132,759 |
| Advertising and promotion | $3,424,410 |
| Office expenses | $3,450,938 |
| Information technology | $1,201,439 |
| Royalties | $0 |
| Occupancy | $8,825,138 |
| Travel | $127,230 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $183,725 |
| Interest | $9,240,216 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,554,415 |
| Insurance | $1,485,708 |
| All other expenses | $0 |
| Total functional expenses | $1,832,589,558 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,017,675 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $96,930,290 |
| 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 | $15,464,108 |
| Net Land, buildings, and equipment | $8,087,135 |
| Investments—publicly traded securities | $509,421,553 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,250,000 |
| Other assets | $80,048,443 |
| Total assets | $728,219,204 |
| Accounts payable and accrued expenses | $30,790,824 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $437,664,823 |
| Total liabilities | $468,455,647 |
| Net assets without donor restrictions | $259,763,557 |
| Net assets with donor restrictions | $0 |
| 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 | $728,219,204 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elderserve Health Inc Bronx, NY | $276,950,489 | $957,027,070 |
Visiting Nurse Service Of New York Home Care Ii New York, NY | $66,481,927 | $266,599,993 |
Chinese-American Planning Council Home Attendant Program Inc New York, NY | $70,469,680 | $201,462,683 |
Visiting Nurse Association Of Central New York Inc Syracuse, NY | $77,454,509 | $171,449,300 |
Hartford Healthcare At Home Inc Wethersfield, CT | $115,645,089 | $133,490,508 |
Community Health Aide Services Inc Montebello, NY | $43,202,636 | $131,385,591 |
Wellspan Surgery And Rehabilitation Hospital York, PA | $85,216,385 | $93,901,214 |
Hamaspik Choice Inc Monsey, NY | $66,826,438 | $111,265,945 |
Genesee Region Home Care Association Inc Rochester, NY | $62,523,238 | $88,633,237 |
Visiting Nursing Association Of Western New York Inc Cheektowaga, NY | $57,829,171 | $111,105,902 |
Nursing Sisters Home Care Inc Farmingdale, NY | $82,721,495 | $86,717,260 |
Walnut Home Therapeutics Inc Philadelphia, PA | $66,661,852 | $70,874,075 |