Nascentia Health Inc
- Assets
- $43.8m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 9
- Location
- Syracuse, NY
- Founding
- 01/1996
- Data as of
- 12/2022
- EIN
- 16-1483069
Organization Overview
Nascentia Health Inc is located in Syracuse, NY. The organization was established in 1996. As of 12/2022, Nascentia Health Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nascentia Health 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 12/2022, Nascentia Health Inc generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $3.6m during the year ending 12/2022. While expenses have increased by 17.3% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
IT IS THE MISSION OF NASCENTIA HEALTH, INC. TO BE THE PREMIER HOME AND COMMUNITY-BASED CARE SYSTEM FOR THE REGIONS WE SERVE.NASCENTIA HEALTH, INC.'S GOAL OF MAINTAINING, RESTORING AND PROMOTING THE HEALTH AND INDEPENDENCE OF THOSE WE SERVE IS ACHIEVED BY UTILIZING OUR AGENCY AND COMMUNITY RESOURCES, BY WORKING COLLABORATIVELY, AND BY PROVIDING THE PROPER ENVIRONMENT FOR DEVELOPMENT AND RETENTION OF A CARING, COMPETENT STAFF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP LONG RANGE STRATEGIC PLAN FOR ITS SUBSIDIARIES IN ORDER TO DIVERSIFY AND IMPROVE HOME HEALTH CARE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Crossett 18-23 Director | Trustee | 0.5 | $0 |
Kevin Wade 18-23 Vice Chair | OfficerTrustee | 0.5 | $0 |
Dell Ford Jordan 18-20 21-23 Director | Trustee | 0.5 | $0 |
Robert Galusha 18-23 Chair | OfficerTrustee | 0.5 | $0 |
Lawrence Williams 20-23 Director | Trustee | 0.5 | $0 |
Anita Lombardi 18-23 Director | Trustee | 0.5 | $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 | $3,600,417 |
| 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 | $3,600,417 |
| 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. | $2,769,900 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,600 |
| Pension plan accruals and contributions | $19,112 |
| Other employee benefits | $184,272 |
| Payroll taxes | $111,443 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,875 |
| Fees for services: Lobbying | $24,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,633 |
| Advertising and promotion | $0 |
| Office expenses | $7,143 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $93,328 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $178,505 |
| Interest | $771 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,076 |
| All other expenses | $428 |
| Total functional expenses | $3,600,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $190,950 |
| 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 | $24,521 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $43,584,816 |
| Total assets | $43,800,287 |
| Accounts payable and accrued expenses | $384,810 |
| 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 | $567,587 |
| Total liabilities | $952,397 |
| Net assets without donor restrictions | $42,457,141 |
| Net assets with donor restrictions | $390,749 |
| 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 | $43,800,287 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Las Geriatric Care Services Inc Cranberry Township, PA | $3,024,908 | $7,399,880 |
Nascentia Health Inc Syracuse, NY | $43,800,287 | $3,600,417 |
1889-Chs Foundation Inc Johnstown, PA | $157,573,180 | $12,544,016 |
Jewish Senior Life Rochester, NY | $254,109 | $426,575 |
Vna Foundation Of Central New York Syracuse, NY | $954,956 | $170,119 |
Integritus Healthcare Inc Pittsfield, MA | $975,792 | $0 |
Hillside Family Of Agencies Rochester, NY | $0 | $0 |
Viahealth Home Care Inc Rochester, NY | $0 | $0 |