Lake Sunapee Region Visiting Nurse Association

EIN: 020438862 501(c)(3) Health Care

New London, NH

Total Revenue
$314,639
Total Expenses
$108,737
Total Assets
$2,657,875
Net Assets
$2,657,527
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
NH
Principal Officer
James Culhane
Phone
6035264077
Tax Period
2024-10-01 to 2025-09-30

Lake Sunapee Region Visiting Nurse Association, founded in 1991, is a small nonprofit in the Health Care sector that reported $315K in total revenue in fiscal year 2024. The organization ran a surplus of $206K, a strong 65% operating margin.

Mission

Lake Sunapee Region VNA & Hospice provides health care and hospice services for individuals and families in homes and community settings, fostering continuity of care across settings and enabling people to stay in their homes as long as possible.

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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 $56,968
Investment Income $4
Other Revenue $257,667
TOTAL REVENUE $314,639

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $108,737
Other Expenses $108,737
TOTAL EXPENSES $108,737

Year-over-Year Comparison

2024 2023 Change
Revenue $314,639 $294,478 +0.1%
Expenses $108,737 $110,671 0.0%
Net Income $205,902 $183,807 +0.1%
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
14
Independent Members
13
Employees
N/A
Volunteers
43

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
7
$540,104
Total Directors
14
$241,541
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Daniel Junius Board Chair 1.00
Officer Director
$0 $0 $0
Linda Scofield Vice Chair 1.00
Officer Director
$0 $0 $0
Neil Shifrin Treasurer 1.00
Officer Director
$0 $0 $0
George Quackenbos Secretary 1.00
Officer Director
$0 $0 $0
Paul Buffum Trustee 0.50
Director
$0 $0 $0
Richard Cross Trustee 0.50
Director
$0 $0 $0
Donald Eberly Trustee 0.50
Director
$0 $0 $0
Elizabeth Falicon Trustee 0.50
Director
$0 $0 $0
Shari Goldberg Trustee 0.50
Director
$0 $0 $0
Lori Manor Underwood Trustee 0.50
Director
$0 $0 $0
Anthony Marino Trustee 0.50
Director
$0 $0 $0
Jane Peel Trustee 0.50
Director
$0 $0 $0
Anne Seger Trustee 0.50
Director
$0 $0 $0
James Culhane President & CEO 5.00
Officer Director
$0 $33,408 $241,541
Monique Malanga CFO 5.00
Officer
$0 $32,802 $153,630
Caitlin Barden COO 1.00
Officer
$0 $30,233 $144,933
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 $314,639 $108,737 $2,657,875 $205,902
2024 $294,478 $110,671 $2,451,769 $183,807
2023 $313,414 $111,431 $2,269,170 $201,983
2022 $304,199 $103,279 $2,066,986 $200,920
2021 $279,943 $105,520 $1,865,101 $174,423
2020 $242,353 $99,437 $1,693,711 $142,916
2019 $240,291 $101,408 $1,547,945 $138,883
2018 $267,359 $108,173 $1,409,021 $159,186
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