Hopehealth Community Visiting Nurse Agency Inc
- Assets
- $15.8m
- Revenue
- $10.3m
- Investments
- $0.0
- Employees
- 175
- Location
- Attleboro, MA
- Founding
- 04/1971
- Data as of
- 09/2021
- EIN
- 04-2475924
Organization Overview
Hopehealth Community Visiting Nurse Agency Inc is located in Attleboro, MA. The organization was established in 1971. 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 09/2021, Hopehealth Community Visiting Nurse Agency Inc employed 175 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopehealth Community Visiting Nurse Agency 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 09/2021, Hopehealth Community Visiting Nurse Agency Inc generated $10.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $8.6m during the year ending 09/2021. 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
COMMUNITY VISITING NURSE AGENCY PROVIDES COMPREHENSIVE, MULTI-DISCIPLINARY, THERAPEUTIC, AND HOSPICE SERVICES IN THE HOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME HEALTH SERVICES: THE AGENCY PROVIDES SKILLED NURSING, REHABILITATION, HOME HEALTH AIDES, SOCIAL WORK, PALLIATIVE AND DIETARY ASSISTANCE TO PATIENTS IN THEIR HOMES. THROUGH SEPTEMBER 30TH, 2021, 1,886 PATIENTS WERE SERVICED WITH 36,028 CLINICAL VISITS. FREE CARE CONSISTS OF SERVICES PROVIDED AT REDUCED STATE ESTABLISHED RATES AND DIRECT FREE CARE SERVICES AND PROGRAMS.
HOME HOSPICE CARE: THE AGENCY PROVIDES MEDICAL AND EMOTIONAL RESOURCES FOR PATIENTS AND THEIR FAMILIES IN THE FIRST STAGES OF THEIR TERMINAL ILLNESS. CARE IS PROVIDED IN PATIENT HOMES BY TRAINED HOSPICE CARE CLINICIANS. THE AGENCY SERVED 158 PATIENTS THROUGH SEPTEMBER 30TH, 2021, WITH A TOTAL OF 5,692 SERVICE DAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reynold G Spadoni CEO | Officer | 23 | $0 |
Russell T Dubuc CFO | Officer | 22 | $0 |
Michael Murphy President | Trustee | 0.25 | $0 |
Gerard Lavoie Treasurer | Trustee | 0.25 | $0 |
Jeffrey Bradley Vice-President | Trustee | 0.25 | $0 |
Michael Poissant Clerk | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $39,652 |
| Membership dues | $0 |
| Fundraising events | $40,072 |
| Related organizations | $482,510 |
| Government grants | $1,522,067 |
| All other contributions, gifts, grants, and similar amounts not included above | $181,730 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,266,031 |
| Total Program Service Revenue | $7,742,056 |
| Investment income | $4,331 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,388 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$6,614 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,259,602 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,997,182 |
| Pension plan accruals and contributions | $100,687 |
| Other employee benefits | $597,507 |
| Payroll taxes | $395,587 |
| Fees for services: Management | $749,054 |
| Fees for services: Legal | $12,139 |
| Fees for services: Accounting | $62,354 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $304,008 |
| Advertising and promotion | $49,213 |
| Office expenses | $102,929 |
| Information technology | $205,310 |
| Royalties | $0 |
| Occupancy | $261,150 |
| Travel | $132,457 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,105 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,265 |
| Insurance | $38,239 |
| All other expenses | $88 |
| Total functional expenses | $8,635,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $688,820 |
| Savings and temporary cash investments | $2,056,478 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $998,784 |
| 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 | $279,263 |
| Net Land, buildings, and equipment | $3,083,448 |
| Investments—publicly traded securities | $5,000,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,700,736 |
| Total assets | $15,807,529 |
| Accounts payable and accrued expenses | $1,548,614 |
| Grants payable | $0 |
| Deferred revenue | $272,661 |
| 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 | $336,085 |
| Total liabilities | $2,157,360 |
| Net assets without donor restrictions | $8,956,141 |
| Net assets with donor restrictions | $4,694,028 |
| 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 | $15,807,529 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hopehealth Community Visiting Nurse Agency Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
U-A Attleboro Foundation Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $2,500 |
Endowment Analysis
| Earnings | $464,513 |
| Net Contributions | $608,317 |
| Ending Balance | $1,072,830 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Care Central Vna & Hospice Inc Gardner, MA | $22,239,473 | $19,675,412 |
Rockingham Visiting Nurse Association And Hospice Exeter, NH | $4,116,836 | $17,268,809 |
All Care Vna Of Greater Lynn Inc Lynn, MA | $6,212,670 | $20,998,367 |
Visiting Nurse Service And Hospice Of Suffolk Inc Northport, NY | $10,640,891 | $18,228,424 |
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 |
Brockton Visiting Nurse Association Brockton, MA | $9,421,383 | $18,699,459 |
Vna Home Health & Hospice Services Inc Manchester, NH | $14,859,113 | $16,405,289 |