VISITING NURSE AND HEALTH SERVICES INC

EIN: 221501364 501(c)(3) Health Care

RUNNEMEDE, NJ

Total Revenue
$10,545,769
Total Expenses
$14,309,492
Total Assets
$5,630,831
Net Assets
$-1,502,617
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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
NJ
Principal Officer
GREGORY T WOZNIAK
Phone
8569399000
Tax Period
2024-07-01 to 2025-06-30

VISITING NURSE AND HEALTH SERVICES INC, founded in 1968, is a mid-sized nonprofit in the Health Care sector that reported $10.5M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $14.3M exceeded revenue, resulting in a 36% operating deficit.

Mission

AS A CATHOLIC HEALTH SYSTEM, ROOTED IN THE TRADITION OF THE SISTERS OF THE HOLY REDEEMER, WE CARE, COMFORT AND HEAL, FOLLOWING THE EXAMPLE OF JESUS, PROCLAIMING THE HOPE GOD OFFERS IN THE MIDST OF HUMAN STRUGGLE.OUR PROFESSIONAL NURSES AND THERAPISTS OFFER EXPERT CARE SERVICES INCLUDING WOUND CARE, PAIN AND DISEASE MANAGEMENT AS WELL AS REHABILITATIVE THERAPY SERVICES SUCH AS PHYSICAL, OCCUPATIONAL AND SPEECH THERAPIES.

Program Service Accomplishments

Program 1
Expenses: $12,049,534 Revenue: $3,148,542

HOMECARE - THE FOLLOWING SERVICES ARE PROVIDED: (1) SPECIALIZED NURSING CARE, (2) THERAPY, (3) LIFEASSESS PROGRAM, (4) HEARTASSESS PROGRAM, (5) BREATHE EASY PROGRAM, AND (6) TELEMONITORING.(1)...

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HOMECARE - THE FOLLOWING SERVICES ARE PROVIDED: (1) SPECIALIZED NURSING CARE, (2) THERAPY, (3) LIFEASSESS PROGRAM, (4) HEARTASSESS PROGRAM, (5) BREATHE EASY PROGRAM, AND (6) TELEMONITORING.(1) SPECIALIZED NURSING CARE DELIVERED BY OUR HIGHLY-TRAINED NURSING STAFF WITH A COMPASSIONATE APPROACH.(2) THERAPY SERVICES BY OUR SPECIALIZED REHABILITATION THERAPISTS WHO OFFER A VARIETY OF THERAPIES TO MEET THE UNIQUE NEEDS OF EACH PATIENT.(3) LIFEASSESS PROGRAM, A COMPREHENSIVE ASSESSMENT, EDUCATION, SUPPORT AND REHABILITATION PROGRAM THAT IDENTIFIES AND TREATS OLDER ADULTS WHO ARE AT RISK FOR FOUR OF THE MOST COMMON GERIATRIC SYNDROMES - DEPRESSION, DEMENTIA, FALLS RISK AND INCONTINENCE - ALLOWING THEM TO LIVE SAFELY AT HOME.(4) HEARTASSESS PROGRAM, DESIGNED TO IMPROVE QUALITY OF LIFE FOR HEART FAILURE PATIENTS BY HELPING THEM FOCUS ON THE MOST IMPORTANT ASPECTS OF MANAGING THEIR HEART FAILURE AT HOME. PATIENTS ARE TAUGHT SYMPTOM AND MEDICATION MANAGEMENT AND ARE ASSIGNED HOME HEALTH CARE NURSES TO HELP WITH MEDICATIONS, DIET, DISEASE MANAGEMENT AND ASSISTING WITH LIFESTYLE CHANGES.(5) BREATHE EASY PROGRAM, ALLOWS PATIENTS WHO SUFFER FROM CHRONIC OBSTRUCTIVE PULMONARY DISEASE (COPD) TO BETTER MANAGE THEIR CONDITION AT HOME, IMPROVING THEIR OVERALL QUALITY OF LIFE.(6) TELEMONITORING, AN ADVANCED SYSTEM AVAILABLE TO REMOTELY MONITOR VITAL INFORMATION, SUCH AS BLOOD PRESSURE, HEART RATE, WEIGHT AND BLOOD OXYGEN LEVELS FOR CARDIAC PATIENTS OR ANY PATIENTS WHO NEED ADDITIONAL SUPERVISION. RESULTS ARE AUTOMATICALLY TRANSMITTED TO A HOMECARE NURSE WHO WILL PERFORM TRIAGE TO DETERMINE AN APPROPRIATE PLAN OF ACTION.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $705,687
Program Service Revenue $3,148,542
Investment Income $6,691,244
Other Revenue $296
TOTAL REVENUE $10,545,769

Expense Breakdown

Grants Paid $8,789,474
Salaries & Benefits $2,339,202
Fundraising Expenses $0
Program Expenses $12,049,534
Other Expenses $3,180,816
TOTAL EXPENSES $14,309,492

Year-over-Year Comparison

2024 2023 Change
Revenue $10,545,769 $11,396,491 -0.1%
Expenses $14,309,492 $11,040,873 +0.3%
Net Income $-3,763,723 $355,618 -11.6%
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
4
Independent Members
2
Employees
18
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
7
$2,477,574
Total Directors
6
$2,180,651
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL B LAIGN UNTIL 1024 BOARD MEMBER, PRESIDENT/CEO 1.70
Officer Director
$22,275 $43,023 $798,107
CARL ROSENBAUM MD BOARD MEMBER 1.30
Director
$2,975 $32,299 $181,055
DONALD F FRIEL UNTIL 1225 BOARD MEMBER, ASST TREASUR 1.70
Officer Director
$24,696 $29,513 $866,655
MICHELE UROFSKY CHAIRMAN 0.50
Officer Director
$0 $0 $0
GARRICK STOLDT BOARD MEMBER 0.01
Director
$0 $0 $0
GREGORY WOZNIAK AS OF 0724 BOARD MEMBER, PRESIDENT/CEO 1.70
Officer Director
$8,501 $46,677 $334,834
MICHAEL KEEN 0525 ASST TREASURER/CFO 1.20
Officer
$10,762 $31,777 $396,597
KAREN PRICE OWEN VP MARKETING 1.20
Officer
$0 $0 $0
CRISTINA PEOPLES CORPORATE SECRETARY 0.01
Officer
$0 $10,143 $81,381
THOMAS HARRIS UNTIL 0525 SENIOR VP, GENERAL COUNSEL 1.20
Highest
$12,973 $78,027 $517,772
DONALD W FOX SENIOR VP 1.20
Highest
$8,742 $56,662 $352,988
JOSEPH TAYLOR SVP POPULATION HEALTH/EXEC 1.20
Highest
$9,347 $50,143 $366,977
JACK DEMPSTER VP CONSTRUCTION-FACILITIES 1.20
Highest
$5,604 $23,153 $213,101
SHARON GLOGOWSKI VP IN-HOUSE COUNSEL, CCO 1.20
Highest
$5,536 $1,875 $189,533
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 $10,545,769 $14,309,492 $5,630,831 $-3,763,723
2024 No data No data No data No data
2023 $11,579,355 $11,452,749 $42,556,870 $126,606
2022 $13,829,531 $11,097,859 $178,489,865 $2,731,672
2021 $11,896,761 $12,074,033 $167,204,879 $-177,272
2020 $12,529,056 $13,294,403 $3,534,970 $-765,347
2019 $13,694,918 $14,775,583 $4,531,019 $-1,080,665
2018 $13,855,805 $14,823,392 $4,427,492 $-967,587
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