Medford Visiting Nurse Association Inc

EIN: 042103817 501(c)(3) Health Care

Arlington, MA

Total Revenue
$5,884,957
Total Expenses
$5,996,632
Total Assets
$7,474,570
Net Assets
$6,152,247
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1900
Legal Domicile
MA
Principal Officer
Kimberly Arouth
Phone
7813962633
Tax Period
2024-01-01 to 2024-12-31

Medford Visiting Nurse Association Inc, founded in 1900, is a community nonprofit in the Health Care sector that reported $5.9M in total revenue in fiscal year 2024.

Mission

The mission of our Organization is to promote health, prevent disease, provide skilled nursing and other therapeutic services, and offer health guidance to individuals, families and communities.

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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 $119,992
Program Service Revenue $5,418,588
Investment Income $340,190
Other Revenue $6,187
TOTAL REVENUE $5,884,957

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,442,678
Fundraising Expenses $0
Program Expenses $4,592,657
Other Expenses $1,553,954
TOTAL EXPENSES $5,996,632

Year-over-Year Comparison

2024 2023 Change
Revenue $5,884,957 $5,733,028 +0.0%
Expenses $5,996,632 $6,321,447 -0.1%
Net Income $-111,675 $-588,419 -0.8%
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

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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
9
Independent Members
9
Employees
124
Volunteers
22

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
6
$413,691
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Louise Mallett Chair 2.00
Officer Director
$0 $0 $0
Henry Risman Vice Chair 2.00
Officer Director
$0 $0 $0
Robert Driscoll Treasurer 2.00
Officer Director
$0 $0 $0
Denise Potts Clerk 2.00
Officer Director
$0 $0 $0
Paul Bardaro Director 2.00
Director
$0 $0 $0
Janice Crosby Director 2.00
Director
$0 $0 $0
David Leroux Director 2.00
Director
$0 $0 $0
John Moniz Director 2.00
Director
$0 $0 $0
Stephen Napier Director 2.00
Director
$0 $0 $0
Nancy Nager Past Director 2.00
Director
$0 $0 $0
Kimberly Arouth CEO 37.50
Officer
$181,283 $38,625 $219,908
Janie Gould CFO 37.50
Officer
$142,291 $51,492 $193,783
Heather Welch Clinical Super 37.50
Highest
$125,380 $16,350 $141,730
Monique Reckner QA Manager 37.50
Highest
$107,545 $19,568 $127,113
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 $5,884,957 $5,996,632 $7,474,570 $-111,675
2023 $5,733,028 $6,321,447 $6,629,420 $-588,419
2022 $7,376,093 $6,512,582 $6,890,982 $863,511
2021 $7,469,803 $6,150,133 $6,821,756 $1,319,670
2020 $7,041,326 $5,958,985 $6,253,224 $1,082,341
2019 $6,226,561 $6,764,482 $4,461,137 $-537,921
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