Visiting Nurse Communities Inc

Organization Overview

Visiting Nurse Communities Inc is located in Somerville, MA. The organization was established in 2015. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visiting Nurse Communities 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 12/2021, Visiting Nurse Communities Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 4.4% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE AFFORDABLE ASSISTED LIVING SERVICES TO THOSE IN NEED INCLUDING BUT NOT LIMITED TO HOME HEALTH CARE, AFFORDABLE HOUSING AND SUPPORTIVE SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE AFFORDABLE ASSISTED LIVING SERVICES


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Board, Officers & Key Employees

Name (title)Compensation
Fran Gayron
Chairperson
$0
Linda S Cornell
President/ceo
$0
Elizabeth Minassian
Vice Chairperson
$0
Ellen O'brien
Secretary
$0
Shipley Mason
Treasurer
$0
Jacob Sauerborn
Cfo/director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $34,420
All other contributions, gifts, grants, and similar amounts not included above$41,900
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$76,320
Total Program Service Revenue$1,854,536
Investment income $326
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 $1,931,182

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