Vna Consortium Inc
- Assets
- $433.2k
- Revenue
- $663.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Natick, MA
- Founding
- 09/1995
- Data as of
- 12/2023
- EIN
- 04-3239135
Organization Overview
Vna Consortium Inc is located in Natick, MA. The organization was established in 1995. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vna Consortium 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 12/2023, Vna Consortium Inc generated $663.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $731.9k during the year ending 12/2023. While expenses have increased by 2.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
VNA CONSORTIUM, INC. IS A COLLABORATIVE, NON-PROFIT ORGANIZATION WITH A MISSION THAT USES AN INNOVATIVE APPROACH TO BRING BOSTON AREA HOSPITALS AND LOCAL VISITING NURSE ASSOCIATIONS TOGETHER. FOUNDED IN 1992, WE ARE COMPRISED OF INDEPENDENT VNAS THROUGHOUT MASSACHUSETTS. WE EMPLOY CLINICAL STAFF WHO ARE PLACED IN BOSTON AREA HOSPITALS TO ASSIST CONNECTING PATIENTS WITH QUALITY HOME HEALTH SERVICES IN THEIR COMMUNITIES, UPON DISCHARGE. OUR MEMBERS HAVE OVER 100 YEAR ROOTS IN NEW ENGLAND ALLOWING US TO EASILY IDENTIFY THE "BEST" SOLUTION FOR HOME HEALTH CARE. VNA CONSORTIUM, INC. (THE ORGANIZATION") COVERS OVER 250 CITIES AND TOWNS IN MASSACHUSETTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE VNA CONSORTIUM, INC. (VNAC) TAKES PRIDE IN ITS REPUTATION AS THE NUMBER ONE HOME HEALTH CARE RESOURCE FOR BOSTON HOSPITALS. OUR LIAISON NURSES HAVE THE SOLE RESPONSIBILITY OF PROVIDING CASE MANAGERS WITH THE ASSISTANCE THEY NEED TO FIND THE "BEST" LOCAL CARE FOR THEIR PATIENTS PRIOR TO HOSPITAL DISCHARGE. LEAVING THE HOSPITAL CAN BE A SCARY AND CONFUSING TIME FOR A PATIENT. THE VNAC EASES THE BURDEN FOR CASE MANAGERS BY ACTING AS THEIR CENTRAL POINT OF CONTACT FOR COORDINATING HOME CARE. SOME OF THE VNAC LIAISON NURSE DUTIES INCLUDE: MANAGING INSURANCE CLAIMS; ASSISTING IN THE PATIENT DISCHARGE PROCESS; SETTING UP FUTURE APPOINTMENTS; AND COORDINATING HOME CARE WITH A PATIENT'S "LOCAL" VNA OR ANOTHER REPUTABLE AND SKILLED HOME HEALTH CARE RESOURCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renee Mcinness Chair | OfficerTrustee | 1 | $0 |
Linda Cornell Vice Chair | OfficerTrustee | 1 | $0 |
Jo-Mary Koopman Treasurer | OfficerTrustee | 1 | $0 |
Eileen Garvey Director | OfficerTrustee | 1 | $0 |
Holly Chafee Director | Trustee | 1 | $0 |
Lisa Parent Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Natick Walpole Vna Inc Management Services | 12/30/19 | $428,912 |
Natick Vna Inc Management Services | 12/30/19 | $172,543 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $663,575 |
| Investment income | $0 |
| 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 | $663,575 |
| 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. | $164,434 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $42,885 |
| Fees for services: Legal | $159 |
| Fees for services: Accounting | $8,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51 |
| Advertising and promotion | $446 |
| Office expenses | $10,717 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,579 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,212 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,361 |
| All other expenses | $25 |
| Total functional expenses | $731,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $329,315 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $103,866 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $433,181 |
| Accounts payable and accrued expenses | $124,533 |
| 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 | $124,533 |
| Net assets without donor restrictions | $308,648 |
| 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 | $433,181 |