VISITING NURSE ASSOCIATIONS OF NEW ENGLAND INC

EIN: 042910487 501(c)(3) Health Care

WALPOLE, MA

Total Revenue
$438,049
Total Expenses
$441,042
Total Assets
$501,208
Net Assets
$468,920
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
MA
Principal Officer
DONNA DEVENS
Phone
5084800060
Tax Period
2023-07-01 to 2024-06-30

VISITING NURSE ASSOCIATIONS OF NEW ENGLAND INC, founded in 1985, is a small nonprofit in the Health Care sector that reported $438K in total revenue in fiscal year 2023.

Mission

VISITING NURSE ASSOCIATIONS OF NEW ENGLAND, INC. (VNANE) IS A NOT-FOR-PROFIT ORGANIZATION FORMED IN 1985. VNANE IS A MEMBERSHIP ORGANIZATION OF EXCEPTIONAL COMMUNITY BASED NON-PROFIT HOME HEALTH CARE AND HOSPICE AGENCIES THAT SECURES AND ADMINISTERS COLLABORATIVE BUSINESS RELATIONSHIPS.VNANE IS COMMITTED TO SUPERIOR SERVICES TO MEET THE NEEDS OF PURCHASERS, PROVIDERS, AND CONSUMERS IN THE EVER-CHANGING HEALTHCARE ENVIRONMENT. PROMOTING EVIDENCE-BASED PRACTICES, THE VNANE NETWORK STRIVES TO IMPROVE THE HEALTH OF COMMUNITIES ACROSS NEW ENGLAND.

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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 $0
Program Service Revenue $424,417
Investment Income $12,118
Other Revenue $1,514
TOTAL REVENUE $438,049

Expense Breakdown

Grants Paid $0
Salaries & Benefits $393,207
Fundraising Expenses $0
Program Expenses $366,019
Other Expenses $47,835
TOTAL EXPENSES $441,042

Year-over-Year Comparison

2023 2022 Change
Revenue $438,049 $406,176 +0.1%
Expenses $441,042 $413,379 +0.1%
Net Income $-2,993 $-7,203 -0.6%
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

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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
8
Independent Members
8
Employees
4
Volunteers
9

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
5
$166,491
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL CASELAS CHAIR/DIRECTOR 0.25
Officer Director
$0 $0 $0
LISA SABACINSKI TREASURER/DIRECTOR 0.25
Officer Director
$0 $0 $0
LISA PARENT SECRETARY/DIRECTOR 0.25
Officer Director
$0 $0 $0
RENEE MCINNES VICE CHAIR/DIRECTOR 0.25
Officer Director
$0 $0 $0
JO-MARY KOOPMAN DIRECTOR 0.25
Director
$0 $0 $0
HOLLY CHAFFEE DIRECTOR 0.25
Director
$0 $0 $0
DIANA FRANCHITTO DIRECTOR 0.25
Director
$0 $0 $0
MARY THERIAN DIRECTOR 0.25
Director
$0 $0 $0
EVERETT DEVANEY PRESIDENT/CEO 24.00
Officer
$146,146 $20,345 $166,491
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 No data No data No data No data
2024 $438,049 $441,042 $501,208 $-2,993
2022 $452,374 $428,560 $527,459 $23,814
2021 $451,730 $432,851 $576,044 $18,879
2020 $480,638 $459,203 $491,112 $21,435
2019 $437,864 $600,781 $455,663 $-162,917
2018 $636,057 $669,687 $636,376 $-33,630
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