Visiting Nurse Association of Manchester and Southern New Hampshire Inc

EIN: 020395296 501(c)(3) Health Care

Manchester, NH

Total Revenue
$2,282,852
Total Expenses
$1,972,405
Total Assets
$5,499,620
Net Assets
$5,420,420
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
NH
Principal Officer
William G Baxter
Phone
6036223781
Tax Period
2024-07-01 to 2025-06-30

Visiting Nurse Association of Manchester and Southern New Hampshire Inc, founded in 1985, is a community nonprofit in the Health Care sector that reported $2.3M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $2.0M left a modest 14% surplus.

Mission

Advancing care at home through personal empowerment, compassion, and exceptional service.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,901,910
Investment Income $380,942
Other Revenue $0
TOTAL REVENUE $2,282,852

Expense Breakdown

Grants Paid $0
Salaries & Benefits $719,706
Fundraising Expenses $0
Program Expenses $1,250,264
Other Expenses $1,252,699
TOTAL EXPENSES $1,972,405

Year-over-Year Comparison

2024 2023 Change
Revenue $2,282,852 $1,943,354 +0.2%
Expenses $1,972,405 $1,937,760 +0.0%
Net Income $310,447 $5,594 +54.5%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
11
Employees
5
Volunteers
13

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
8
$3,163,667
Total Directors
14
$317,998
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Linda Kornfeld MD Secretary/Trustee 1.00
Officer Director
$0 $43,380 $317,998
Ryan Cashin Trustee 1.00
Director
$0 $0 $0
Sheila Evjy Trustee 1.00
Director
$0 $0 $0
Charles Goodwin Trustee 1.00
Director
$0 $0 $0
Michelle Gray Trustee 1.00
Director
$0 $0 $0
Stephanie Hewitt Trustee 1.00
Director
$0 $0 $0
Dorothy Kelley Trustee (end 4/2025) 1.00
Director
$0 $0 $0
Michelle Lambert Trustee 1.00
Director
$0 $0 $0
Elaine Michaud Trustee 1.00
Director
$0 $0 $0
Pamela Preston Trustee (end 2/2025) 1.00
Director
$0 $0 $0
Owen Scollan Trustee 1.00
Director
$0 $0 $0
Sean Doherty Chair/Trustee 1.00
Officer Director
$0 $0 $0
Sheila Lambert Vice Chair/Trustee 1.00
Officer Director
$0 $0 $0
Debra Achramowicz Treasurer/Trustee 1.00
Officer Director
$0 $0 $0
William G Baxter President & CEO 1.00
Officer
$0 $186,453 $1,581,095
Michael Turilli SVP/CFO, SolutionHealth 1.00
Officer
$0 $123,201 $907,034
Rachel Chaddock Elliot VNA Exec Director (end 12/24) 41.00
Officer
$348,589 $8,951 $357,540
Catherine Frasco Elliot VNA Exec Director (eff 1/25) 41.00
Officer
$0 $0 $0
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
2025 $2,282,852 $1,972,405 $5,499,620 $310,447
2024 No data No data No data No data
2023 $1,992,939 $1,931,159 $4,552,806 $61,780
2022 $2,338,415 $2,011,304 $4,322,029 $327,111
2021 $2,315,652 $1,969,904 $4,741,911 $345,748
2020 $2,036,573 $2,050,096 $4,112,041 $-13,523
2019 $2,185,311 $2,030,304 $4,160,947 $155,007
2018 $2,046,189 $2,006,945 $4,122,092 $39,244
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