Vps Medical Services Pc
- Assets
- $1.1m
- Revenue
- $8.8m
- Investments
- $0.0
- Employees
- 75
- Location
- Holmdel, NJ
- Founding
- Data as of
- 12/2021
- EIN
- 84-3608112
Organization Overview
Vps Medical Services Pc is located in Holmdel, NJ. According to its NTEE Classification (E90) the organization is classified as: Nursing, under the broad grouping of Health Care and related organizations. As of 12/2021, Vps Medical Services Pc employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vps Medical Services Pc 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, Vps Medical Services Pc generated $8.8m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $8.6m during the year ending 12/2021. While expenses have increased by 5.2% per year over the past 2 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS ENGAGED IN THE BUSINESS OF RENDERING PROFESSIONAL SERVICES TO THE PUBLIC EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE VNA HEALTH GROUP AND ITS AFFILIATES, INCLUDING VPS MEDICAL SERVICES, PC, PROVIDED HOME HEALTH, HOSPICE AND COMMUNITY BASED SERVICES TO THE PEOPLE IN ITS SERVICE AREA. DURING 2021, APPROXIMATELY 925,000 VISITS WERE PROVIDED TO OVER 48,000 INDIVIDUALS WHO RECEIVED HOME HEALTH CARE, HOSPICE, AND OTHER HEALTHCARE SERVICES FROM THE ORGANIZATION AND ITS AFFILIATED ENTITIES. OUR INNOVATIVE, PROGRAMMATIC INSTITUTES FOCUS ON THREE CRITICAL CORES OF VNA HEALTH GROUP: HEALTH OF CHILDREN AND THEIR FAMILIES; COORDINATION OF CARE ENHANCED BY TECHNOLOGY; AND CARE FOR PATIENTS WITH SERIOUS, CHRONIC AND END-STAGE ILLNESS. EACH INSTITUTE HAS AN EXPERT THOUGHT LEADER AND IS PROVIDING ENHANCED ACCESS, CARE AND SERVICES FOR PATIENTS, THEIR FAMILIES AND OUR COMMUNITIES. OUR ADVANCED CARE INSTITUTE HELPS PATIENTS WITH LATE-STAGE, CHRONIC ILLNESSES STAY AT HOME COMFORTABLY WITH SUPPORT FROM FAMILY, A VISITING PHYSICIAN, AND A PALLIATIVE CARE TEAM. OUR GOAL IS TO EDUCATE CLINICIANS, COMMUNITIES, PATIENTS AND THEIR FAMILIES ON BEST PRACTICES IN CHRONIC DISEASE AND PALLIATIVE AND HOSPICE CARE. WITHIN THE CHILDREN AND FAMILY HEALTH INSTITUTE ARE THREE CENTERS FOCUSED ON HELPING CHILDREN AND FAMILIES ACHIEVE THEIR HIGHEST LEVEL OF HEALTH FROM PRE-NATAL TO ADULT: THE CENTER FOR EARLY CHILDHOOD DEVELOPMENT AND FAMILY SUPPORT; THE CENTER FOR PRIMARY CARE AND PUBLIC HEALTH; AND THE CENTER FOR PEDIATRIC HOME CARE. THE CONNECTED HEALTH INSTITUTE SPEARHEADS MOBILE AND DIGITAL INITIATIVES TO IMPROVE PATIENT OUTCOMES. WITH MORE THAN 1,500 CLINICIANS, VNA HEALTH GROUP AND ITS AFFILIATES HAVE THE UNIQUE OPPORTUNITY TO BECOME A NATIONALLY RECOGNIZED LEADER IN RESEARCHING, DEVELOPING, AND TESTING TECHNOLOGIES THAT IMPROVE PATIENT CARE. SIGNIFICANT CHANGES ARE UNDERWAY IN HEALTH CARE INCLUDING A DRAMATIC INCREASE IN THE OLDER ADULT POPULATION, A NATIONAL MOVEMENT TO CONTAIN HEALTH COSTS AND EXPANSION IN MOBILE AND DIGITAL HEALTH TECHNOLOGIES. VNA HEALTH GROUP IS TAKING BOLD STEPS TO REIMAGINE HOW IT CAN ADDRESS THESE CHALLENGES, SECURE ITS FUTURE AND IMPROVE CARE FOR ALL PATIENTS, INCLUDING THE MOST FRAIL AND VULNERABLE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven H Landers MD MPH President & CEO | OfficerTrustee | 10 | $0 |
Sara B Leonard MD Medical Director - Vps | 55 | $319,279 | |
Alex Binder V.P. Advanced Care Inst. | 55 | $260,773 | |
Yevgeniy D Vaysberg MD Physician, Md - Vps | 55 | $235,994 | |
Vikranta Sharma MD Med Dir Hos/pall Care Pro | 55 | $235,892 | |
Ahmed M Rezk Physician, Md - Vps | 55 | $180,359 |
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 | $2,331,484 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,331,484 |
| Total Program Service Revenue | $6,470,077 |
| 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 | $8,801,561 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,445,716 |
| Pension plan accruals and contributions | $165,141 |
| Other employee benefits | $397,631 |
| Payroll taxes | $475,453 |
| Fees for services: Management | $1,360,921 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $143,192 |
| Advertising and promotion | $137,633 |
| Office expenses | $109,826 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $75,707 |
| Travel | $4,746 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,518 |
| Interest | $51 |
| Payments to affiliates | $11,957 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $134,808 |
| All other expenses | $38,689 |
| Total functional expenses | $8,581,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,147 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $708,125 |
| 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 | $203,201 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $177,802 |
| Total assets | $1,116,275 |
| Accounts payable and accrued expenses | $927,798 |
| 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 | $156,680 |
| Total liabilities | $1,084,478 |
| Net assets without donor restrictions | $31,797 |
| 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 | $1,116,275 |