VISITING NURSE ASSOCIATION OF BOSTON INC

EIN: 042105800 501(c)(3) Health Care

WORCESTER, MA

Total Revenue
$19,101,034
Total Expenses
$19,802,401
Total Assets
$6,904,878
Net Assets
$5,243,346
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
MA
Principal Officer
STEPHEN GUT
Phone
5087860693
Tax Period
2023-01-01 to 2023-12-31

VISITING NURSE ASSOCIATION OF BOSTON INC, founded in 1944, is a mid-sized nonprofit in the Health Care sector that reported $19.1M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

THE VISITING NURSE ASSOCIATION OF BOSTON, WITH A COMMITTMENT TO ALL WHO NEED US, PROVIDES THE HIGHEST QUALITY AND MOST EFFICIENT SOLUTIONS FOR KEEPING PEOPLE INDEPENDENT, AT HOME AND IN THE COMMUNITY, MAXIMIZING THEIR HEALTH AND QUALITY OF LIFE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,429,491
Program Service Revenue $15,489,575
Investment Income $181,862
Other Revenue $106
TOTAL REVENUE $19,101,034

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,509,643
Fundraising Expenses $79,292
Program Expenses $12,428,234
Other Expenses $8,292,758
TOTAL EXPENSES $19,802,401

Year-over-Year Comparison

2023 2022 Change
Revenue $19,101,034 $15,541,515 +0.2%
Expenses $19,802,401 $19,880,497 0.0%
Net Income $-701,367 $-4,338,982 -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

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
7
Independent Members
5
Employees
93
Volunteers
5

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
$830,211
Total Directors
7
$729,204
Key Employees
2
$589,312
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RENEE L HARPER CHAIR 0.50
Officer Director
$0 $0 $0
LINDA HOPE-SPRINGER FIRST VICE CHAIR 0.50
Officer Director
$0 $0 $0
TODD ROSE PRESIDENT/CHIEF EXECUTIVE OFFICER 1.00
Officer Director
$0 $30,078 $440,059
STEPHEN GUT TREASURER/CHIEF FINANCIAL OFFICER 1.00
Officer Director
$0 $19,144 $289,145
SMEETA TECCHANDANI CLERK 0.50
Officer Director
$0 $0 $0
DEBORAH MORSI BOARD MEMBER 0.50
Director
$0 $0 $0
RICKY PAMPHILE BOARD MEMBER 0.50
Director
$0 $0 $0
REBECCA JACKMAN ASSISTANT CLERK/EXEC. ADMIN. ASSIST. 1.00
Officer
$0 $316 $101,007
JANE PIKE-BENTON CHIEF CLINICAL OFFICER/COO 1.00
Key Emp
$0 $18,987 $346,262
DAVID ROSE CHIEF PEOPLE OFFICER 1.00
Key Emp
$0 $3,640 $243,050
NIKKI DUCEY PHYSICAL THERAPIST 40.00
Highest
$157,906 $4,425 $162,331
PAUL ALBUSHIES REGISTERED NURSE 40.00
Highest
$224,613 $29,398 $254,011
JILL B BEVERLY REGISTERED NURSE 40.00
Highest
$214,500 $8,594 $223,094
ANGELA LEE REGISTERED NURSE 40.00
Highest
$178,837 $30,790 $209,627
VALERIE GREEN REGISTERED NURSE 40.00
Highest
$167,481 $10,049 $177,530
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 No data No data No data No data
2023 $19,101,034 $19,802,401 $6,904,878 $-701,367
2022 $15,541,515 $19,880,497 $7,124,673 $-4,338,982
2021 $18,577,909 $20,806,083 $13,272,940 $-2,228,174
2020 $19,401,870 $22,075,607 $32,317,296 $-2,673,737
2019 $20,564,203 $24,420,920 $92,406,804 $-3,856,717
2018 $25,318,900 $27,386,154 $80,059,145 $-2,067,254
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