NEPTUNE, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VISITING NURSE ASSOCIATION OF CENTRAL JERSEY, founded in 1919, is a mid-sized nonprofit that reported $24.7M in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $28.4M exceeded revenue, resulting in a 15% operating deficit.
VISITING NURSE ASSOCIATION OF CENTRAL JERSEY, INC. IS A NONPROFIT ORGANIZATION DEDICATED TO HELPING INDIVIDUALS AND FAMILIES IN ACHIEVING THEIR BEST LEVEL OF WELL-BEING BY PROVIDING COMPASSIONATE, COORDINATED, AND INNOVATIVE CARE IN THEIR HOMES AND COMMUNITIES.
THE VNA HEALTH GROUP AND ITS AFFILIATES, INCLUDING VNA OF CENTRAL JERSEY, PROVIDED HOME HEALTH, HOSPICE AND COMMUNITY BASED SERVICES TO THE PEOPLE IN ITS SERVICE AREA. DURING 2023, APPROXIMATELY...
THE VNA HEALTH GROUP AND ITS AFFILIATES, INCLUDING VNA OF CENTRAL JERSEY, PROVIDED HOME HEALTH, HOSPICE AND COMMUNITY BASED SERVICES TO THE PEOPLE IN ITS SERVICE AREA. DURING 2023, APPROXIMATELY 819,000 VISITS WERE PROVIDED TO OVER 41,500 INDIVIDUALS WHO RECEIVED HOME HEALTH CARE, HOSPICE, AND OTHER HEALTHCARE SERVICES FROM THE ORGANIZATION AND ITS AFFILIATED ENTITIES. Our innovative, programmatic Institutes focus on three critical cores of VNA Health Group: health of children and their families; coordination of care enhanced by technology; and care for patients with serious, chronic and end-stage illness. Each institute has an expert thought leader and is providing enhanced access, care and services for patients, their families and our communities. Our Advanced Care Institute helps patients with late-stage, chronic illnesses stay at home comfortably with support from family, a visiting physician, and A palliative care team. Our goal is to educate clinicians, communities, patients and their families on best practices in chronic disease and palliative and hospice care. Within the Children and Family Health Institute are three centers focused on helping children and families achieve their highest level of health from pre-natal to adult: the Center for Early Childhood Development and Family Support; the Center for Primary Care and Public Health; and the Center for Pediatric Home Care. The Connected Health Institute spearheads mobile and digital initiatives to improve patient outcomes. With more than 1,500 clinicians, VNA Health Group and its affiliates have the unique opportunity to become a nationally recognized leader in researching, developing, and testing technologies that improve patient care. SIGNIFICANT changes are underway in health care including a dramatic increase in the older adult population, a national movement to contain health costs and expansion in mobile and digital health technologies. VNA Health Group is taking bold steps to reimagine how IT can address these challenges, secure ITS future and improve care for all patients, including the most frail and vulnerable.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $24,672,125 | $20,611,374 | +0.2% |
| Expenses | $28,385,579 | $24,682,190 | +0.2% |
| Net Income | $-3,713,454 | $-4,070,816 | -0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| STEVEN H LANDERS MD MPH | PRESIDENT/CEO (TERMED) | 10.0 |
Officer
|
$0 | $31,935 | $689,794 |
| PETER GAYLORD MBA | ASSISTANT TREASURER/CFO/COO | 10.0 |
Officer
|
$0 | $90,311 | $653,636 |
| JOHN CHIAPPINELLI ESQ | ASST SEC/CHIEF-LEGAL AFFAIRS | 10.0 |
Officer
|
$0 | $62,126 | $428,511 |
| CHRISTOPHER RINN | PRESIDENT/CEO | 10.0 |
Officer
Director
|
$0 | $61,884 | $355,838 |
| COLLEEN NELSON | VP CLINICAL OPERATIONS | 55.0 |
Highest
|
$147,515 | $19,542 | $167,057 |
| KERI E LOGOSSO-MISURELL | EXEC DIR MEDICAID ACO | 55.0 |
Highest
|
$143,344 | $7,565 | $150,909 |
| PETER J EVANS | PROJECT MANAGER | 55.0 |
Highest
|
$128,594 | $6,637 | $135,231 |
| CONSTANCE JEAN PETINE | PHYS ASST, ADDICTION MED | 55.0 |
Highest
|
$124,292 | $8,871 | $133,163 |
| CYNTHIA A ROGERS | DIR. OF FINANCE | 55.0 |
Highest
|
$122,183 | $819 | $123,002 |
| PATRICK J MCMENAMIN | CHAIR | 5.0 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT DIBBLE | VICE CHAIR | 5.0 |
Officer
Director
|
$0 | $0 | $0 |
| RONALD KLEIN | TREASURER | 5.0 |
Officer
Director
|
$0 | $0 | $0 |
| BILL ARNOLD MHA | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER BERNARD CFA | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| JOSHUA BERSHAD MD MBA | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| THOMAS BIGA FACHE | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| PATRICK BOYLE | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| WENDY C BUDIN PHD RN-BC | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| RICHARD CALDWELL CPA | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| MINNIE CAMPBELL DNSc MED | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| STEPHEN DEFEO ESQ | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| FRED DEGRANDIS | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| JOHN DOLL | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| LISA LAIRD DUNN | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| CAROL SILVER ELLIOTT | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| ELI FELDMAN MBA | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| MEG FISHER MD FAAP | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| ANTHONY GHEE LLM | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| PAMELA GUBITOSI | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| JAMES HICKEY | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| JOSEPH IANTOSCA CRISC CDPSE | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| JESSICA ISRAEL MD | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| BONNIE FEATHERSTONE JOHNSON | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| KATHY JONES | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| KENNY KING | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| EILEEN O'HERN ESQ | SECRETARY | 5.0 |
Officer
Director
|
$0 | $0 | $0 |
| JANET MAHONEY PHD | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| ANN MARIE MAURO PHD RN CNL CNE | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| KERRY O'BRIEN | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| NEAL ORISTANO | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| PATTY OSTASZEWSKI MS BSN | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| MICHAEL PIETROWICZ MBA | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| CHRIS PUCILLO | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| THOMAS SCOTT FACHE FABC | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| LYNN SPECTOR LCSW | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| MARYAM SPECTOR | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| JASON SPIRO ESQ | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| ALFRED TALLIA MD MPH | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| VINCENT TIZZIO | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| LOUIS URBAN | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| AMI SPARANO | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $24,672,125 | $28,385,579 | $36,908,746 | $-3,713,454 |
| 2022 | $20,611,374 | $24,682,190 | $39,234,455 | $-4,070,816 |
| 2021 | $20,229,825 | $21,876,419 | $38,964,092 | $-1,646,594 |
| 2020 | $17,783,742 | $22,112,094 | $47,551,482 | $-4,328,352 |
| 2019 | $24,531,594 | $28,229,798 | $38,255,544 | $-3,698,204 |
| 2018 | $24,065,581 | $24,990,240 | $38,042,048 | $-924,659 |
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