ROCKINGHAM VISITING NURSE ASSOCIATION AND HOSPICE

EIN: 020274905 501(c)(3) Health Care

CHARLESTOWN, MA

Total Revenue
$13,187,298
Total Expenses
$15,407,209
Total Assets
$4,545,991
Net Assets
$-1,002,146
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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
NH
Principal Officer
DEBORAH COSTELLO RN
Phone
6035806694
Tax Period
2023-10-01 to 2024-09-30

ROCKINGHAM VISITING NURSE ASSOCIATION AND HOSPICE, founded in 1996, is a mid-sized nonprofit in the Health Care sector that reported $13.2M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $15.4M exceeded revenue, resulting in a 17% operating deficit.

Mission

RMH NH LLC ("RMH") IS AN OFFICIAL NH-RECOGNIZED GAME OPERATOR EMPLOYER LICENSED TO CONDUCT GAMES OF CHANCES PURSUANT TO NH RSA 287-D:8, AND IS A PREMIER DESTINATION FOR CASINO GAMING IN NEW ENGLAND. RMH SERVED AS NH LICENSED GAME OPERATOR TO OPERATE GAMES OF CHANCE ON BEHALF OF ROCKINGHAM VISITING NURSE ASSOCIATION ("RVNA"). AS PART OF ITS AGREEMENT WITH RVNA, RMH AGREED TO HOLD ALL APPLICABLE AND VALID GAMING LICENSES TO CONDUCT SUCH AN EVENT IN ACCORDANCE WITH NH AND FEDERAL LAWS. RMH ALSO AGREED TO REMIT TO RVNA NO LESS THAN 35% OF ALL GAMING REVENUES BACK TO RVNA. RMH MAINTAINED ADEQUATE BOOKS, RECORDS, AND SECURITY FOR THE EVENT, AND PROVIDED THE EQUIPMENT AND STAFFING TO CONDUCT SUCH GAMING ACTIVITIES. AS RMH WAS REQUIRED TO REMIT TO RVNA AT LEAST 35% OF GROSS REVENUES FROM THE EVENT, RMH WAS ABLE TO RETAIN AS AN OPERATOR FEE $211,089. RVNA ALSO PAID RMH A $3,750 FACILITY AND RENTAL FEE.

Program Service Accomplishments

Program 1
Expenses: $13,363,907 Revenue: $12,876,233

ROCKINGHAM VNA & HOSPICE'S HOSPICE PROGRAM PROVIDES A COMPREHENSIVE, MEDICALLY DIRECTED, TEAM ORIENTED PROGRAM OF CARE. THE ESSENTIAL COMPONENTS INCLUDE CARE OF THE PATIENT AND FAMILY AS ONE UNIT...

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ROCKINGHAM VNA & HOSPICE'S HOSPICE PROGRAM PROVIDES A COMPREHENSIVE, MEDICALLY DIRECTED, TEAM ORIENTED PROGRAM OF CARE. THE ESSENTIAL COMPONENTS INCLUDE CARE OF THE PATIENT AND FAMILY AS ONE UNIT, PAIN AND SYMPTOM MANAGEMENT, 24 HOUR ON-CALL AVAILABILITY, MEDICAL AND NURSING CARE, HOME HEALTH AIDE, SOCIAL WORK SERVICES, BEREAVEMENT AND SPIRITUAL CARE, VOLUNTEERS, REHAB SERVICES, AND COORDINATION OF MEDICATIONS, MEDICAL SUPPLIES, AND DURABLE MEDICAL EQUIPMENT. ROCKINGHAM VNA & HOSPICE PROVIDED 17,643 VISITS TO 559 PATIENTS WHO RECEIVED 29,215 DAYS OF PATIENT CARE DURING FISCAL YEAR 2024. ROCKINGHAM VNA & HOSPICE'S COMMUNITY OUTREACH PROGRAM IS DEDICATED TO ASSISTING IN IMPROVING THE HEALTH OF THE COMMUNITIES SERVED THROUGH OFFERING A VARIETY OF WELLNESS CLINICS AND EDUCATIONAL OPPORTUNITIES. COMMUNITY PROGRAMS INCLUDE COMMUNITY FOOT CLINICS, DIABETES SUPPORT GROUPS, AND HEALTH EDUCATION PROGRAMS. IN FISCAL YEAR 2024, RVNA & HOSPICE SUPPORTED ITS MISSION BY PROVIDING $127,911 IN COMMUNITY OUTREACH, BENEFITS AND FINANCIAL SUPPORT TO THE COMMUNITY WHICH EXCLUDING $460,194 IN UNCOVERED MEDICAID EXPENSES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $161,375
Program Service Revenue $12,876,233
Investment Income $39,777
Other Revenue $109,913
TOTAL REVENUE $13,187,298

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,484,852
Fundraising Expenses $0
Program Expenses $13,363,907
Other Expenses $3,922,357
TOTAL EXPENSES $15,407,209

Year-over-Year Comparison

2023 2022 Change
Revenue $13,187,298 $14,938,637 -0.1%
Expenses $15,407,209 $18,491,545 -0.2%
Net Income $-2,219,911 $-3,552,908 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
N/A
Employees
158
Volunteers
65

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$4,109,436
Total Directors
8
$6,052,692
Key Employees
2
$631,177
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RIOS CINDY TTEE & TREAS (EXOFF) (EVP/CFO, BILH) 1.00
Officer Director
$0 $217,736 $1,689,163
CRESTA DEBRA CHAIR & TTEE (EX-OFF) (PRES, EHR) 1.00
Officer Director
$0 $16,277 $1,115,031
MEEHAN DO NEIL TTEE (CHIEF EXECUTIVE PHYS, EHR) 1.00
Director
$0 $63,260 $882,059
CASASSA ALLISON J TRUSTEE 1.00
Director
$0 $23,250 $708,497
MCKINNEY DONNA SEC & TTEE (CHIEF NURSING EXEC, EH) 1.00
Officer Director
$0 $51,557 $624,960
GUY DO DARREN TRUSTEE 1.00
Director
$0 $50,537 $352,700
COSTELLO RN MSN DEBORAH PRESIDENT & TRUSTEE (EX-OFFICIO) 1.00
Officer Director
$0 $26,656 $352,668
MICHEL KAREN TTEE & PRES (EX-OFF) (EXECUTIVE DIR) 55.00
Officer Director
$308,875 $18,739 $327,614
LEVESQUE SHANNON VP, HUMAN RESOURCES 1.00
Key Emp
$0 $45,108 $440,032
BURLEIGH SHERRY OVENS SENIOR DIR, HOME CARE & HOSPICE SVCS 55.00
Key Emp
$185,292 $5,853 $191,145
WRIGHT KAREN DIRECTOR, HOSPICE 55.00
Highest
$171,815 $16,241 $188,056
DELYANI DEBRA REGISTERED NURSE CASE MGR, HOSPICE 55.00
Highest
$135,396 $18,214 $153,610
GORDON AMY REGISTERED NURSE, HOSPICE MANAGER 55.00
Highest
$128,372 $22,754 $151,126
WINN NICOLE NURSE, HOSPICE HOUSE 55.00
Highest
$128,265 $19,404 $147,669
MALLOY JULIA PHYSICAL THERAPY CASE MANAGER 55.00
Highest
$128,201 $5,202 $133,403
CALLAHAN KEVIN J FORMER CHAIR & TRUSTEE (EX-OFFICIO) 0.00
$0 $367,707 $2,116,778
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $13,187,298 $15,407,209 $4,545,991 $-2,219,911
2023 $14,938,637 $18,491,545 $3,565,265 $-3,552,908
2022 $17,241,263 $19,173,666 $3,859,979 $-1,932,403
2021 $17,268,809 $19,436,898 $4,116,836 $-2,168,089
2020 $20,083,309 $20,573,351 $4,894,203 $-490,042
2019 $19,313,600 $20,159,186 $4,995,432 $-845,586
2018 $18,598,147 $18,673,601 $5,620,720 $-75,454
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