VNA CONSORTIUM INC

EIN: 043239135 501(c)(3) Health Care

WALPOLE, MA

Total Revenue
$634,855
Total Expenses
$648,563
Total Assets
$310,654
Net Assets
$294,940
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
MA
Principal Officer
LINDA BILLOWS
Phone
6177545644
Tax Period
2024-01-01 to 2024-12-31

VNA CONSORTIUM INC, founded in 1994, is a small nonprofit in the Health Care sector that reported $635K in total revenue in fiscal year 2024.

Mission

VNA CONSORTIUM, INC. IS A COLLABORATIVE, NON-PROFIT ORGANIZATION WITH A MISSION THAT USES AN INNOVATIVE APPROACH TO BRING BOSTON AREA HOSPITALS AND LOCAL VISITING NURSE ASSOCIATIONS TOGETHER. FOUNDED IN 1992, WE ARE COMPRISED OF INDEPENDENT VNAS THROUGHOUT MASSACHUSETTS. WE EMPLOY CLINICAL STAFF WHO ARE PLACED IN BOSTON AREA HOSPITALS TO ASSIST CONNECTING PATIENTS WITH QUALITY HOME HEALTH SERVICES IN THEIR COMMUNITIES, UPON DISCHARGE. OUR MEMBERS HAVE OVER 100 YEAR ROOTS IN NEW ENGLAND ALLOWING US TO EASILY IDENTIFY THE "BEST" SOLUTION FOR HOME HEALTH CARE. VNA CONSORTIUM, INC. (THE ORGANIZATION") COVERS OVER 250 CITIES AND TOWNS IN MASSACHUSETTS.

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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 $634,855
Investment Income $0
Other Revenue $0
TOTAL REVENUE $634,855

Expense Breakdown

Grants Paid $0
Salaries & Benefits $145,478
Fundraising Expenses $0
Program Expenses $561,614
Other Expenses $503,085
TOTAL EXPENSES $648,563

Year-over-Year Comparison

2024 2023 Change
Revenue $634,855 $663,575 0.0%
Expenses $648,563 $731,898 -0.1%
Net Income $-13,708 $-68,323 -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
6
Independent Members
6
Employees
N/A
Volunteers
N/A

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
$145,478
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RENEE MCINNESS CHAIR 1.00
Officer Director
$0 $0 $0
LINDA CORNELL VICE CHAIR 1.00
Officer Director
$0 $0 $0
JO-MARY KOOPMAN TREASURER 1.00
Officer Director
$0 $0 $0
LISA PARENT CLERK 1.00
Officer Director
$0 $0 $0
HOLLY CHAFFEE DIRECTOR 1.00
Director
$0 $0 $0
EILEEN GARVEY DIRECTOR 1.00
Director
$0 $0 $0
LINDA BILLOWS PRESIDENT 40.00
Officer
$135,227 $10,251 $145,478
SUSAN O'TOOLE CLINICAL NURSE LIAISON 40.00
Highest
$122,383 $736 $123,119
LAURIE DONOVAN CLINICAL NURSE LIAISON 40.00
Highest
$111,817 $19,455 $131,272
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 $634,855 $648,563 $310,654 $-13,708
2023 $663,575 $731,898 $433,181 $-68,323
2022 $700,700 $707,076 $502,143 $-6,376
2021 $780,386 $670,097 $530,712 $110,289
2020 $585,874 $652,700 $465,156 $-66,826
2019 $668,892 $691,807 $382,001 $-22,915
2018 $831,580 $699,174 $377,782 $132,406
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