Visiting Nurse Association Of Somerset Hills
- Assets
- $7.0m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 21
- Location
- Basking Ridge, NJ
- Founding
- 10/1988
- Data as of
- 12/2019
- EIN
- 22-2888648
Organization Overview
Visiting Nurse Association Of Somerset Hills is located in Basking Ridge, NJ. The organization was established in 1988. 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 12/2019, Visiting Nurse Association Of Somerset Hills employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visiting Nurse Association Of Somerset Hills 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 12/2019, Visiting Nurse Association Of Somerset Hills generated $5.2m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $23.8m during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE INDIVIDUAL AND FAMILIES WITH COMPREHENSIVE, HIGH QUALITY, COST EFFECTIVE HOME AND COMMUNITY HEALTH CARE SERVICES, REGARDLESS OF ABILITY TO PAY, USING PARTNERSHIPS WHERE APPROPRIATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION PROVIDES MANAGEMENT FUNCTION FOR AFFILIATED NOT-FOR-PROFIT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Powell CEO | Officer | 40 | $548,175 |
Nicholas K Kouyialis Vice-Pres. F | Officer | 40 | $237,684 |
Marie Sperber Vice-Pres. B | Officer | 40 | $188,066 |
Rita Truex Nurse | 40 | $140,777 | |
Peter Mercer Chair | OfficerTrustee | 1 | $0 |
Elliot Stein 2nd Vice Cha | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Drinker Biddle & Reath Llp Consultants | 12/30/19 | $549,441 |
Homecare Homebase Consultants | 12/30/19 | $134,352 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,419,336 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $356,427 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,775,763 |
| Total Program Service Revenue | $0 |
| Investment income | $281,941 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$713,318 |
| Net Income from Fundraising Events | $49,087 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,235,670 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,999,238 |
| 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. | $973,925 |
| Compensation of current officers, directors, key employees. | $881,388 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,052,726 |
| Pension plan accruals and contributions | $415,830 |
| Other employee benefits | $202,079 |
| Payroll taxes | $64,854 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $570,784 |
| Fees for services: Accounting | $41,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $102,408 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $61,157 |
| Information technology | $191,647 |
| Royalties | $0 |
| Occupancy | $166,765 |
| Travel | $10,721 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,342 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $246,393 |
| Insurance | $82,425 |
| All other expenses | $301,802 |
| Total functional expenses | $23,784,958 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,327,937 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $123,746 |
| 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 | $7,500 |
| Net Land, buildings, and equipment | $134,793 |
| Investments—publicly traded securities | $98,011 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,263,753 |
| Total assets | $6,955,740 |
| Accounts payable and accrued expenses | $5,456,266 |
| 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 | $0 |
| Total liabilities | $5,456,266 |
| Net assets without donor restrictions | $1,487,466 |
| Net assets with donor restrictions | $12,008 |
| 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 | $6,955,740 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Visiting Nurse Association Of Somerset Hills has recieved totaling $29,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $20,000 |
Atlantic Health System Inc Morristown, NJ PURPOSE: General Support | $8,000 |
Kean Foundation Inc Parsippany, NJ PURPOSE: UNRESTRICTED | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lakeville Surgery Pc Westbury, NY | $0 | $24,920,784 |
Extraordinary Home Care Bayside, NY | $10,125,734 | $37,003,889 |
Person Directed Supports Inc Whitehall, PA | $7,470,318 | $33,920,174 |
Teva Cares Foundation Parsippany, NJ | $5,384,978 | $27,543,240 |
Visiting Nurse Association Of Somerset Hills Basking Ridge, NJ | $6,955,740 | $5,235,670 |
Mercy Flight Inc Buffalo, NY | $49,278,322 | $26,481,483 |
Cgfns International Inc Philadelphia, PA | $30,792,316 | $24,149,572 |
North Shore-Lij Radiology Services P C Westbury, NY | $6,438,473 | $17,406,935 |
Union Health Center Inc New York, NY | $18,690,918 | $15,923,798 |
Tja Orthopedic Surgery Pc New York, NY | $0 | $10,713,113 |
Nemours New Jersey Physician Practice Pc Wilmington, DE | $966,995 | $7,669,887 |
Ahivim Inc Monroe, NY | $8,974,297 | $15,675,686 |