The Homemakers Health Services Inc

EIN: 020314400 501(c)(3)

Rochester, NH

Total Revenue
$289,456
Total Expenses
$347,082
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
NH
Principal Officer
Larry Gammon
Phone
6033351770
Tax Period
2018-07-01 to 2019-06-30

The Homemakers Health Services Inc, founded in 1974, is a small nonprofit that reported $289K in total revenue in fiscal year 2018. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $347K exceeded revenue, resulting in a 20% operating deficit.

Mission

The mission of the Organization was to provide comprehensive health care and support services to enhance the lives of individuals in need, so they may remain safely and comfortably in their homes.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $119,068
Program Service Revenue $170,279
Investment Income $109
Other Revenue $0
TOTAL REVENUE $289,456

Expense Breakdown

Grants Paid $0
Salaries & Benefits $245,035
Fundraising Expenses $1,064
Program Expenses $239,962
Other Expenses $102,047
TOTAL EXPENSES $347,082

Year-over-Year Comparison

2018 2017 Change
Revenue $289,456 $2,362,653 -0.9%
Expenses $347,082 $2,482,943 -0.9%
Net Income $-57,626 $-120,290 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
86
Volunteers
35

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
14
$988,231
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dennis Beaulieu Director 1.00
Director
$0 $0 $0
Jim Bee Director 1.00
Director
$0 $0 $0
Andrew MacWilliam Director 1.00
Director
$0 $0 $0
Larry Spector Past Director 1.00
Director
$0 $0 $0
Susan Reid MD Past President 1.00
Officer Director
$0 $0 $0
Matthew Boucher Chairman 1.00
Officer Director
$0 $0 $0
Tom Sullivan Vice Chairman 1.00
Officer Director
$0 $0 $0
Charles S Goodwin Vice Chairman 1.00
Officer Director
$0 $0 $0
Ronald Indorf Esq Past Vice President 1.00
Officer Director
$0 $0 $0
Bryan Bouchard Treasurer 1.00
Officer Director
$0 $0 $0
William Hartley Esq Past Treasurer 1.00
Officer Director
$0 $0 $0
Charles Panasis Assistant Treasurer 1.00
Officer Director
$0 $0 $0
Leslie Thompson Secretary 1.00
Officer Director
$0 $0 $0
Robert May Past Secretary 1.00
Officer Director
$0 $0 $0
Jean Lanciano Interim CEO (end 8/18) 40.00
Officer
$50,122 $4,634 $70,561
Larry Gammon President & CEO 1.00
Officer
$0 $28,723 $548,922
Jennifer Bickford Past Finance Director 40.00
Officer
$62,466 $2,022 $67,146
Elin Treanor CFO 1.00
Officer
$0 $15,475 $301,602
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
2019 $289,456 $347,082 No data $-57,626
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