NATICK VISITING NURSE ASSOC INC

EIN: 042105918 501(c)(3)

NATICK, MA

Total Revenue
$404,262
Total Expenses
$401,829
Total Assets
$331,842
Net Assets
N/A
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Financial Trends

Organization Details

Formation Year
1914
Legal Domicile
MA
Principal Officer
CLAIRE COFRAN
Phone
5086533081
Tax Period
2019-01-01 to 2019-12-31

NATICK VISITING NURSE ASSOC INC, founded in 1914, is a small nonprofit that reported $404K in total revenue in fiscal year 2019. Revenue fell 93% from the prior year — a significant decline worth monitoring.

Mission

NATICK VNA, A NON-PROFIT AGENCY, IS COMMITTED TO EXCELLENCE IN PROVIDING CARING AND COMPASSIONATE MULTI-DISCIPLINARY HEALTH CARE SERVICES TO PATIENTS IN THEIR HOMES. THROUGH THE GENEROSITY OF THE DONORS AND COMMUNITIES, NATICK VNA ENDEAVORS TO PROVIDE SERVICES REGARDLESS OF A PERSON'S ABILITY TO PAY.

Program Service Accomplishments

Program 1
Expenses: $32,398 Revenue: $309,378

SKILLED NURSING AND HOME CARE AID - SKILLED NURSING SERVICES ARE AVAILABLE TO ANY INDIVIDUAL WITHIN THE NATICK VNA SERVICE AREA. A REGISTERED NURSE (RN) CONDUCTS AN IN-HOME EVALUATION TO ASSESS...

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SKILLED NURSING AND HOME CARE AID - SKILLED NURSING SERVICES ARE AVAILABLE TO ANY INDIVIDUAL WITHIN THE NATICK VNA SERVICE AREA. A REGISTERED NURSE (RN) CONDUCTS AN IN-HOME EVALUATION TO ASSESS NEEDS. THE RN CONTACTS PHYSICIANS TO COORDINATE CARE AND DEVELOP A PLAN THAT WILL SUPPORT IN RECOVERY AND ILLNESS OR DISEASE MANAGEMENT SO THAT THE PATIENT CAN REMAIN SAFELY IN THEIR HOME. HE OR SHE HELPS TO DETERMINE IF THE NURSING CARE IS COVERED BY THE PATIENT'S INSURANCE PLAN, AND HELPS TO OBTAIN THE RESOURCES NEEDED TO RECEIVE HEALTH CARE AT HOME.ALL HOME CARE AIDES ARE CERTIFIED THROUGH SPECIAL TRAINING, TESTING, AND SKILLS ASSESSMENT, WHICH ARE MANDATED BY THE FEDERAL GOVERNMENT AS PART OF MEDICARE/MEDICAID REGULATIONS. IN ADDITION, HOME CARE AIDES COMPLETE A MINIMUM OF 12 HOURS OF IN-SERVICE EDUCATION ANNUALLY. EFFECTIVE DECEMBER 4, 2018, THE V.N.A. DID NOT ADMIT ANY NEW PATIENTS AND CONTINUED TO PROVIDE SERVICES TO EXISTING PATIENTS WITH UNCOMPLETED EPISODES. THE V.N.A. DISCHARGED THEIR LAST PATIENT ON FEBRUARY 2, 2019. IN ORDER TO PROVIDE CONTINUING CARE FOR THE V.N.A.'S PATIENTS, THE V.N.A. ENTERED INTO AN AFFILIATION AGREEMENT ON OCTOBER 25, 2018, WITH NATICK WALPOE V.N.A.

Program 2
Revenue: $31,908

MANAGEMENT SERVICES - PROVIDED SERVICES TO A VNA ASSOCIATION COMPRISED OF NON-PROFIT MEMBERS. AS OF APRIL 1, 2019 THESE SERVICES WERE TRANSERRED TO NATICK WALPOLE NURSE ASSOCIATION INC.(WALPOLE...

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MANAGEMENT SERVICES - PROVIDED SERVICES TO A VNA ASSOCIATION COMPRISED OF NON-PROFIT MEMBERS. AS OF APRIL 1, 2019 THESE SERVICES WERE TRANSERRED TO NATICK WALPOLE NURSE ASSOCIATION INC.(WALPOLE V.N.A).

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Trantor Score

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

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $22,558
Program Service Revenue $314,761
Investment Income $40,418
Other Revenue $26,525
TOTAL REVENUE $404,262

Expense Breakdown

Grants Paid $0
Salaries & Benefits $194,390
Fundraising Expenses $0
Program Expenses $32,398
Other Expenses $207,439
TOTAL EXPENSES $401,829

Year-over-Year Comparison

2019 2018 Change
Revenue $404,262 $5,779,667 -0.9%
Expenses $401,829 $6,086,920 -0.9%
Net Income $2,433 $-307,253 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
31
Volunteers
8

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
$88,067
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLAIRE COFRAN CFO AND COO 40.00
Officer
$65,870 $3,024 $68,894
JUDITH BOYKO RETIRED IN 2019 CHIEF EXECUTIVE OFFICER 24.00
Officer
$17,584 $1,589 $19,173
MICHAEL J MURPHY CHAIR 1.00
Officer Director
$0 $0 $0
JUDITH B HAM CLERK 1.00
Officer Director
$0 $0 $0
CLINT HEYD VICE CHAIR 1.00
Officer Director
$0 $0 $0
DAVID B SHOREY TREASURER 1.00
Officer Director
$0 $0 $0
DANIEL MAINZER TRUSTEE 1.00
Director
$0 $0 $0
DONNA GALLO TRUSTEE 1.00
Director
$0 $0 $0
KAREN M CURTIS TRUSTEE 1.00
Director
$0 $0 $0
SALLY M EASTMAN TRUSTEE 1.00
Director
$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
2019 $404,262 $401,829 $331,842 $2,433
2018 $5,779,667 $6,086,920 $680,522 $-307,253
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