Visiting Nurse Association Of Albany Inc
- Assets
- $3.8m
- Revenue
- $12.2m
- Investments
- $0.0
- Employees
- 132
- Location
- Albany, NY
- Founding
- 12/1942
- Data as of
- 12/2021
- EIN
- 14-1340125
Organization Overview
Visiting Nurse Association Of Albany Inc is located in Albany, NY. The organization was established in 1942. 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, Visiting Nurse Association Of Albany Inc employed 132 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visiting Nurse Association Of Albany Inc 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, Visiting Nurse Association Of Albany Inc generated $12.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $10.0m during the year ending 12/2021. 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
THE ORGANIZATION IS A VOLUNTARY, NON-PROFIT HOME HEALTH CARE AGENCY THAT PROVIDES NURSING, THERAPY, AND HOME HEALTH AIDE SERVICES TO PATIENTS IN THEIR RESIDENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NURSING, THERAPY AND HOME HEALTH AIDE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larman Susan CEO | Officer | 22.5 | $311,497 |
Chaffee Holly A Vp/chief Operating Officer | Officer | 38 | $226,070 |
Rice Paul B CFO | Officer | 22.5 | $180,580 |
Robinson Mark Physical Therapist | 38 | $142,475 | |
Ruetz Jeffrey Registered Nurse | 51 | $140,086 | |
Kretser Jacqueline N VP Of Care Transitions | 19 | $136,438 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Simione Healthcare Consultants Management Services | 12/30/18 | $265,804 |
The Corridor Group Management Services | 12/30/18 | $131,654 |
Amn Healthcare Allied Inc Nursing Services | 12/30/18 | $194,502 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,842,055 |
| All other contributions, gifts, grants, and similar amounts not included above | $150,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,992,055 |
| Total Program Service Revenue | $10,195,340 |
| Investment income | $1,526 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,188,921 |
| 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. | $807,580 |
| Compensation of current officers, directors, key employees. | $570,831 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,230,687 |
| Pension plan accruals and contributions | $126,914 |
| Other employee benefits | $578,815 |
| Payroll taxes | $555,907 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,859 |
| Fees for services: Accounting | $30,572 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $299,316 |
| Advertising and promotion | $78,248 |
| Office expenses | $221,405 |
| Information technology | $98,669 |
| Royalties | $0 |
| Occupancy | $81,678 |
| Travel | $404,022 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,368 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $63,061 |
| Insurance | $49,331 |
| All other expenses | $0 |
| Total functional expenses | $9,952,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,267,326 |
| Savings and temporary cash investments | $9,099 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $934,656 |
| 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 | $49,220 |
| Net Land, buildings, and equipment | $435,953 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $57,636 |
| Total assets | $3,753,890 |
| Accounts payable and accrued expenses | $583,886 |
| 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 | $642,078 |
| Total liabilities | $1,225,964 |
| Net assets without donor restrictions | $2,476,565 |
| Net assets with donor restrictions | $51,361 |
| 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 | $3,753,890 |
Endowment Analysis
| Beg. Balance | $10,377 |
| Ending Balance | $10,377 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Care Central Vna & Hospice Inc Gardner, MA | $22,239,473 | $19,675,412 |
All Care Vna Of Greater Lynn Inc Lynn, MA | $6,212,670 | $20,998,367 |
Vfi Community Services Washington, PA | $2,195,061 | $18,900,286 |
Visiting Nurse Service And Hospice Of Suffolk Inc Northport, NY | $10,640,891 | $18,228,424 |
Community Nurses Home Health And Hospice Inc St Marys, PA | $5,820,834 | $22,058,380 |
Overlook Visiting Nurses Association Inc Charlton, MA | $6,671,533 | $18,917,049 |
Western Connecticut Home Care Inc Danbury, CT | $8,375,956 | $16,276,802 |
Vna Home Care Services Cheektowaga, NY | $69,311,048 | $27,656,855 |
Hartford Healthcare Independence At Home Inc Wethersfield, CT | $7,536,146 | $15,467,672 |
Family Home Health Care Inc Tarrytown, NY | $2,569,495 | $14,598,356 |
Riverspring Licensed Home Care Services Agency Inc Bronx, NY | $1,678,682 | $16,405,863 |
Tower Health At Home-Berks Wyomissing, PA | $6,780,248 | $16,126,875 |