Vna Management Corporation
- Assets
- $0.0
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 6
- Location
- Bridgeport, CT
- Founding
- 12/1988
- Data as of
- 06/2019
- EIN
- 06-1246818
Organization Overview
Vna Management Corporation is located in Bridgeport, CT. The organization was established in 1988. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. As of 06/2019, Vna Management Corporation employed 6 individuals. Vna Management Corporation 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 06/2019, Vna Management Corporation generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 4 years. 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
PROVIDE MANAGEMENT SERVICES TO TWO NONPROFIT CHARITABLE ORGANIZATIONS, WHICH SERVE THE ELDERLY AND INDIGENT. ONE ORGANIZATION PROVIDES HOME HEALTH CARE AND HOSPICE SERVICES. THE OTHER ORGANIZATION PROVIDES HOME CARE SERVICES. THE TWO ORGANIZATIONS MANAGED ARE RELATED THROUGH COMMON CONTROL AND THE MANAGEMENT SERVICES ARE PROVIDED AT COST. AT THE END OF FY 2019 VNA MANAGEMENT WAS FULL MERGED INTO VISITING NURSE SERVICES OF CT IND 06-0665196
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME HEALTH CARE: PROMOTE THE CHARITABLE AND EDUCATIONAL PURPOSES OF TWO NONPROFIT CHARITABLE ORGANIZATIONS BY PROVIDING MANAGEMENT SERVICES. ALL ENTITIES FOR WHICH THESE SERVICES ARE PROVIDED ARE EXEMPT UNDER SECTION 501(C)(3). THE SERVICES PROVIDED INCLUDE ADMINISTRATIVE, STRATEGIC PLANNING, FINANCIAL OVERSIGHT, EMPLOYEE RELATIONS AND BENEFITS MANAGEMENT AND INFORMATION TECHNOLOGY SERVICES. THESE SERVICES ARE PROVIDED AT COST TO THESE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Olson President Thur 04-01-2019 | OfficerTrustee | 2 | $224,392 |
F Edward Nicolas Jr Vp/cfo Thur 04-01-2019 | Officer | 2 | $179,471 |
Joy Angelone Director Of Human Resources | 2 | $120,535 | |
James Burn Director It Services | 2 | $110,333 | |
Church - Tracy Anne Chair From 04 01 2019 | OfficerTrustee | 2 | $0 |
Parisi Rita Ann Director From 04 01 2019 | OfficerTrustee | 2 | $0 |
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 | $1,003,534 |
| 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 | $1,003,534 |
| 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. | $550,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $260,798 |
| Pension plan accruals and contributions | $6,192 |
| Other employee benefits | $122,543 |
| Payroll taxes | $56,571 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,003,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
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