Waveny At Home Inc
- Assets
- $346.1k
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 0
- Location
- New Canaan, CT
- Founding
- 12/2014
- Data as of
- 09/2021
- EIN
- 46-2756541
Organization Overview
Waveny At Home Inc is located in New Canaan, CT. The organization was established in 2014. According to its NTEE Classification (E60) the organization is classified as: Health Support, 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. Waveny At Home 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, Waveny At Home Inc generated $2.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $3.2m 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
PROFESSIONAL SERVICES TO ENABLE CLIENTS TO REMAIN SAFELY IN THEIR HOMES (SEE SCH O) WAVENY LIFECARE NETWORK PROVIDES A COMPREHENSIVE CONTINUUM OF HEALTHCARE TO SERVE THE GROWING NEEDS OF ADULTS FROM ALL AREAS. WE OFFER A PROGRESSION OF THERAPEUTIC PROGRAMS, SERVICES AND LIVING OPTIONS TO ENHANCE QUALITY OF LIFE FOR THOSE WE SERVE. AS PART OF WAVENY LIFECARE NETWORK'S TRUSTED NONPROFIT CONTINUUM OF CARE, WAVENY AT HOME, INC. BRINGS THE EXPERTISE AND RESOURCES OF A FULL HEALTHCARE SYSTEM INTO THE HOME AND COMMUNITY.THE INTERDISCIPLINARY TEAM MAKES ILLNESS RECOVERY AND REHABILITATION AT HOME A REALISTIC CHOICE. WAVENY AT HOME, INC. OFFERS A FULL SPECTRUM OF LICENSED AND CERTIFIED IN-HOME CARE FROM PROFESSIONAL SKILLED NURSING SERVICES AT YOUR DOOR WITHIN 24 HOURS OF REFERRAL, INCLUDING ON WEEKENDS AND HOLIDAYS, TO A RANGE OF PARA PROFESSIONAL CAREGIVING SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AT HOME COMPANION AND HOMEMAKER SERVICES INCLUDING HOUSEHOLD TASKS, TRANSPORTATION AND MEAL PREPARATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Corbet Chairman | OfficerTrustee | 1 | $0 |
Leo Karl III Vice Chairman | OfficerTrustee | 1 | $0 |
David Hunt Treasurer | OfficerTrustee | 1 | $0 |
Marian Curtis Blair Secretary | OfficerTrustee | 1 | $0 |
K Rone Baldwin Vice Chair (start 1/1/2021) | OfficerTrustee | 1 | $0 |
Sharon Bradley President Vnhfc Thru 7/1/2021 Director | OfficerTrustee | 0 | $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 | $2,690,632 |
| 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 | $2,690,632 |
| 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. | $110,765 |
| Compensation of current officers, directors, key employees. | $110,765 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,326,045 |
| Pension plan accruals and contributions | $28,512 |
| Other employee benefits | $219,540 |
| Payroll taxes | $75,914 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,417 |
| Fees for services: Accounting | $119,863 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,711 |
| Advertising and promotion | $37,010 |
| Office expenses | $102,509 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,738 |
| Travel | $2,057 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $200 |
| Interest | $4,288 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $36,485 |
| All other expenses | $0 |
| Total functional expenses | $3,151,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $346,136 |
| 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 | $346,136 |
| Accounts payable and accrued expenses | $46,615 |
| 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 | $163,098 |
| Total liabilities | $209,713 |
| Net assets without donor restrictions | $136,423 |
| 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 | $346,136 |
Endowment Analysis
| Beg. Balance | $12,406,693 |
| Earnings | $2,544,534 |
| Admin Expense | $25,327 |
| Net Contributions | $4,294,595 |
| Other Expense | $559,822 |
| Ending Balance | $18,660,673 |
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Western New York Clinical Information Exchange Inc Depew, NY | $10,718,220 | $12,539,818 |
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Rhode Island Quality Institute Providence, RI | $6,291,309 | $10,854,721 |
Empire Home Infusion Service Inc Malta, NY | $4,763,448 | $9,472,781 |
Avenir Health Inc Glastonbury, CT | $9,602,786 | $8,298,230 |
Cerebral Palsy Transport Inc New York, NY | $994,796 | $7,391,152 |
Palliative Home Care Of Niagara Inc Lockport, NY | $5,102,123 | $6,771,721 |