National Nurse Practitioner Residency & Fellowship Training Co
- Assets
- $100.7k
- Revenue
- $362.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Middletown, CT
- Founding
- 06/2016
- Data as of
- 06/2022
- EIN
- 47-5041001
Organization Overview
National Nurse Practitioner Residency & Fellowship Training Co is located in Middletown, CT. The organization was established in 2016. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. As of 06/2022, National Nurse Practitioner Residency & Fellowship Training Co employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Nurse Practitioner Residency & Fellowship Training Co 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 06/2022, National Nurse Practitioner Residency & Fellowship Training Co generated $362.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 51.9% each year . All expenses for the organization totaled $410.4k during the year ending 06/2022. While expenses have increased by 5.6% per year over the past 5 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
ESTABLISHING, DEVELOPING AND REFINING AN EDUCATIONAL AND TRAINING MODEL FOR NURSE PRACTITIONERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IMPROVE THE AVAILABILITY, EFFICIENCY AND QUALITY OF HEALTHCARE THROUGH THE DEVELOPMENT AND SUPPORT OF POST-GRADUATE RESIDENCY AND FELLOWSHIP TRAINING PROGRAMS FOR NURSE PRACTITIONERS (NP'S) AND TO FUNCTION AS AN ACCREDITING AGENCY WITH THE PURPOSE OF ACCREDITING POST-GRADUATE RESIDENCY AND FELLOWSHIP TRAINING PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Masselli President/ceo | OfficerTrustee | 2 | $0 |
Margaret Flinter Chairperson | OfficerTrustee | 2 | $0 |
Jennifer Knebel Treasurer (to 7/2021) | OfficerTrustee | 2 | $0 |
Julie Stuckey Secretary | OfficerTrustee | 0.5 | $0 |
Shannon Fitzgerald Director | Trustee | 0.5 | $0 |
Lisa Parker 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 | $362,047 |
| 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 | $362,047 |
| 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. | $189,178 |
| Compensation of current officers, directors, key employees. | $189,178 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $61,126 |
| Pension plan accruals and contributions | $796 |
| Other employee benefits | $15,957 |
| Payroll taxes | $15,616 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,875 |
| Fees for services: Accounting | $3,204 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,779 |
| Advertising and promotion | $2,300 |
| Office expenses | $15,410 |
| Information technology | $4,044 |
| Royalties | $0 |
| Occupancy | $7,454 |
| Travel | $17,752 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,681 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $469 |
| All other expenses | $0 |
| Total functional expenses | $410,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,034 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $8,500 |
| 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 | $20,187 |
| 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 | $100,721 |
| Accounts payable and accrued expenses | $48,898 |
| Grants payable | $0 |
| Deferred revenue | $46,300 |
| 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 | $501,353 |
| Total liabilities | $596,551 |
| Net assets without donor restrictions | -$495,830 |
| 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 | $100,721 |