HOLY REDEEMER VISITING NURSE AGENCY INC

EIN: 222424253 501(c)(3) Health Care

EGG HARBOR TOWNSHIP, NJ

Total Revenue
$17,716,260
Total Expenses
$17,691,541
Total Assets
$52,330,982
Net Assets
$49,503,591
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
NJ
Principal Officer
MICHAEL B LAIGN
Phone
6094652082
Tax Period
2022-07-01 to 2023-06-30

HOLY REDEEMER VISITING NURSE AGENCY INC, founded in 1982, is a mid-sized nonprofit in the Health Care sector that reported $17.7M in total revenue in fiscal year 2022. Revenue fell 28% from the prior year — a significant decline worth monitoring. Net assets of $49.5M represent 34 months of operating reserves.

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: $8,883,093 Revenue: $13,381,039

HOMECARE PROVIDES 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)...

Read more

HOMECARE PROVIDES 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.

Program 2
Expenses: $6,365,490 Revenue: $3,447,576

HOSPICE: HOSPICE SEEKS NEITHER TO HASTEN NOR POSTPONE DEATH. PAIN RELIEF AND SYMPTOM CONTROL ARE APPROPRIATE CLINICAL GOALS. PSYCHOLOGICAL AND SPIRITUAL PAINS ARE AS SIGNIFICANT AS PHYSICAL PAIN...

Read more

HOSPICE: HOSPICE SEEKS NEITHER TO HASTEN NOR POSTPONE DEATH. PAIN RELIEF AND SYMPTOM CONTROL ARE APPROPRIATE CLINICAL GOALS. PSYCHOLOGICAL AND SPIRITUAL PAINS ARE AS SIGNIFICANT AS PHYSICAL PAIN. ADDRESSING ALL THREE REQUIRES THE SKILLS OF AN INTERDISCIPLINARY TEAM. THE HOLY REDEEMER HOSPICE TEAM IS GUIDED BY THE NEEDS AND WISHES OF THE PATIENT AND FAMILY AND INCLUDES THEM AS IMPORTANT MEMBERS OF THE CARE TEAM. THE INTEGRATED, MULTI-DISCIPLINARY GROUP INCLUDES: PATIENT AND FAMILY, PATIENT'S PERSONAL PHYSICIAN, HOSPICE MEDICAL DIRECTOR, SPECIALLY TRAINED NURSES, MEDICAL SOCIAL WORKERS, PASTORAL COUNSELORS, HOME HEALTH AIDES, PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS, COMPLEMENTARY THERAPISTS, VOLUNTEERS, AND BEREAVEMENT COUNSELORS AVAILABLE TO ASSIST WITH THE GRIEVING PROCESS.A COMPLEMENTARY (OR ALTERNATIVE) THERAPY PROGRAM OFFERS HOLISTIC SOLUTIONS FOR PATIENTS AND FAMILIES. HOLY REDEEMER ALSO OFFERS PALLIATIVE CARE SERVICES WHICH AIM TO PROVIDE COMFORT AND IMPROVE QUALITY OF LIFE AT ANY TIME DURING THE COURSE OF A SERIOUS ADVANCED ILLNESS, OFTEN AT THE SAME TIME AS A CURATIVE OR LIFE PROLONGING TREATMENTS. THE SUPPORT AND EDUCATION PROVIDED BY THE PALLIATIVE CARE TEAM ALSO PROVIDES MUCH NEEDED BENEFITS FOR FAMILY MEMBERS AND CAREGIVERS AND ASSISTS THE PATIENT AND FAMILY TO BETTER UNDERSTAND AND COPE WITH THE ILLNESS, AND IN MAKING CHOICES FOR CARE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $194,784
Program Service Revenue $16,828,615
Investment Income $691,535
Other Revenue $1,326
TOTAL REVENUE $17,716,260

Expense Breakdown

Grants Paid $1,347
Salaries & Benefits $10,211,318
Fundraising Expenses $0
Program Expenses $15,248,583
Other Expenses $7,478,876
TOTAL EXPENSES $17,691,541

Year-over-Year Comparison

2022 2021 Change
Revenue $17,716,260 $24,489,222 -0.3%
Expenses $17,691,541 $18,869,412 -0.1%
Net Income $24,719 $5,619,810 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
1
Employees
208
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
8
$2,398,456
Total Directors
4
$1,804,597
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL B LAIGN BOARD MEMBER, PRESIDENT/CE 2.40
Officer Director
$34,000 $23,945 $732,261
CARL ROSENBAUM MD BOARD MEMBER 1.30
Director
$11,017 $29,431 $580,278
DONALD F FRIEL BOARD MEMBER, ASST TREASUR 2.40
Officer Director
$18,679 $100,192 $489,329
MICHELE UROFSKY CHAIRMAN 0.50
Officer Director
$0 $2,729 $2,729
MICHAEL KEEN ASST TREASURER/CFO 0.01
Officer
$20,343 $44,270 $468,068
ALAN ROSENBERG EXEC VP 7.50
Officer
$51,333 $66,784 $340,556
GEORGE HAMILTON TREASURER, VP FINANCE 9.40
Officer
$31,497 $74,989 $209,649
CRISTINA PEOPLES CORPORATE SECRETARY 0.01
Officer
$0 $27,398 $98,707
EILEEN SMITH ASST SECRETARY 9.40
Officer
$12,798 $2,443 $57,157
THOMAS HARRIS SENIOR VP, GENERAL COUNSEL 1.90
Highest
$18,896 $95,227 $488,892
DONALD W FOX SENIOR VP 1.90
Highest
$12,905 $71,148 $339,997
JOSEPH TAYLOR SVP POPULATION HEALTH/EXEC 1.90
Highest
$14,540 $59,901 $362,812
JOSEPH CASSIDY RN VP HUMAN RESOURCES (UNTIL 12/21) 1.90
$8,141 $550 $170,153
KAREN RENSON RN VP, CQO/CSO (UNTIL 12/21) 1.90
$7,659 $22,562 $182,120
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 No data No data No data No data
2023 $17,716,260 $17,691,541 $52,330,982 $24,719
2022 $24,489,222 $18,869,412 $125,503,646 $5,619,810
2021 $27,081,096 $22,102,168 $118,325,626 $4,978,928
2020 $26,378,897 $24,976,386 $98,484,748 $1,402,511
2019 $29,986,289 $26,858,515 $77,447,635 $3,127,774
2018 $30,388,021 $28,957,087 $59,926,937 $1,430,934
Explore More Nonprofits
Top 100 Nonprofits in New Jersey Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HOLY REDEEMER VISITING NURSE AGENCY INC with other nonprofits in New Jersey and across the country.