Albany Visiting Nurse Home Care Services Group Inc

EIN: 222778949 501(c)(3) Health Care

Albany, NY

Total Revenue
$5,893,786
Total Expenses
$5,332,739
Total Assets
$1,822,422
Net Assets
$1,444,653
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
NY
Principal Officer
Samantha DiCicco
Phone
5184892681
Tax Period
2022-01-01 to 2022-12-31

Albany Visiting Nurse Home Care Services Group Inc, founded in 1985, is a community nonprofit in the Health Care sector that reported $5.9M in total revenue in fiscal year 2022. Revenue surged 324% from the prior year, signaling strong growth momentum. Expenses of $5.3M left a modest 10% surplus.

Mission

Planning and coordinating the delivery of home health care services.

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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 (2022)

Revenue Breakdown

Contributions & Grants $209,971
Program Service Revenue $5,683,815
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,893,786

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,747,499
Fundraising Expenses $0
Program Expenses $4,593,255
Other Expenses $585,240
TOTAL EXPENSES $5,332,739

Year-over-Year Comparison

2022 2021 Change
Revenue $5,893,786 $1,389,231 +3.2%
Expenses $5,332,739 $526,999 +9.1%
Net Income $561,047 $862,232 -0.3%
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
13
Independent Members
13
Employees
86
Volunteers
14

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
$627,787
Total Directors
13
$3,050,929
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anthony Durante President 1.00
Officer Director
$0 $0 $0
Joan Hart Vice President 1.00
Officer Director
$0 $0 $0
Theodore DeConno Treasurer 1.00
Officer Director
$0 $0 $0
Amy Lee Secretary 1.00
Officer Director
$0 $0 $0
Terry Griesmer Board Member 1.00
Director
$0 $0 $0
Frederick J Hinrichsen Board Member 1.00
Director
$0 $0 $0
Janine Mangione Board Member 1.00
Director
$0 $0 $0
Nancy Michela Board Member 1.00
Director
$0 $0 $0
Greg Scott Board Member 1.00
Director
$0 $0 $0
Peter Paige Board Member 1.00
Director
$0 $22,708 $451,568
Fran Speer-Albert Board Member 1.00
Director
$0 $94,468 $1,214,434
John Smack Past Board Member 1.00
Director
$0 $0 $0
Steven M Frisch MD Past Board Member 1.00
Director
$0 $74,928 $1,384,927
Samantha DiCicco Chief Executive Officer 1.00
Officer
$0 $25,288 $163,355
Paul Rice Chief Financial Officer 1.00
Officer
$0 $18,192 $198,710
Susan Larman Past Chief Executive Officer 1.00
Officer
$0 $36,438 $265,722
Carlo Sparacino Dir. of Talent Acq. and Operations 40.00
Highest
$117,267 $5,570 $122,837
Kimberly Johnson RN 40.00
Highest
$171,465 $11,592 $183,057
Katie Brown RN 40.00
Highest
$151,944 $43,232 $195,176
Jenna Watson RN 40.00
Highest
$157,145 $11,592 $168,737
Lacey Stangle RN 40.00
Highest
$130,769 $11,680 $142,449
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
2022 $5,893,786 $5,332,739 $1,822,422 $561,047
2021 $1,389,231 $526,999 $910,844 $862,232
2020 $6 No data $21,374 No data
2019 $18 No data $21,368 No data
2018 $4 No data $81,350 No data
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