VISITING NURSE ASSOC OF CLEVELAND HOSPICE

EIN: 341638790 501(c)(3)

BROOKLYN HEIGHTS, OH

Total Revenue
$1,750,264
Total Expenses
$1,752,813
Total Assets
$1,283,570
Net Assets
$-96,738
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
OH
Principal Officer
CHRISTOPHER RINN CEO
Phone
2169311300
Tax Period
2023-01-01 to 2023-12-31

VISITING NURSE ASSOC OF CLEVELAND HOSPICE, founded in 1989, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.

Mission

TO PROVIDE COMPASSIONATE, INNOVATIVE AND EFFECTIVE COMMUNITY-BASED CARE THAT PROMOTES HEALTH, INDEPENDENCE AND DIGNITY TO THOSE WE SERVE IN THE NORTHEAST AND CENTRAL OHIO.

Program Service Accomplishments

Program 1
Expenses: $865,114 Revenue: $1,641,088

THE VNA HEALTH GROUP AND ITS AFFILIATES, INCLUDING VISITING NURSE ASSOC. OF CLEVELAND HOSPICE, PROVIDED HOME HEALTH, HOSPICE AND COMMUNITY BASED SERVICES TO THE PEOPLE IN ITS SERVICE AREA. DURING...

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THE VNA HEALTH GROUP AND ITS AFFILIATES, INCLUDING VISITING NURSE ASSOC. OF CLEVELAND HOSPICE, 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. Our unique organizational structure features joint venture partnerships with the Metrohealth System as well as acquisitions of organizations aligned with VNA's mission.

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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 (2023)

Revenue Breakdown

Contributions & Grants $81,654
Program Service Revenue $1,641,088
Investment Income $0
Other Revenue $27,522
TOTAL REVENUE $1,750,264

Expense Breakdown

Grants Paid $0
Salaries & Benefits $971,270
Fundraising Expenses $0
Program Expenses $865,114
Other Expenses $781,543
TOTAL EXPENSES $1,752,813

Year-over-Year Comparison

2023 2022 Change
Revenue $1,750,264 $1,921,386 -0.1%
Expenses $1,752,813 $1,960,661 -0.1%
Net Income $-2,549 $-39,275 -0.9%
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

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Governance

Voting Members
5
Independent Members
N/A
Employees
19
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
3
$1,694,174
Total Directors
5
$2,953,218
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR NABIL CHEHADE TRUSTEE 2.0
Director
$0 $223,886 $1,014,029
JULIE JACONO CHAIR 5.0
Officer Director
$0 $47,894 $684,700
PETER GAYLORD MBA CFO/COO 10.0
Officer Director
$0 $90,311 $653,636
CHRISTOPHER RINN VICE CHAIR/CEO 10.0
Officer Director
$0 $61,884 $355,838
TOM LOWENKAMP TRUSTEE 2.0
Director
$0 $47,746 $245,015
KELLEE SVANCARA CLINICAL MANAGER RN 40.0
Highest
$110,933 $11,104 $122,037
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 No data No data No data No data
2023 $1,750,264 $1,752,813 $1,283,570 $-2,549
2022 $1,921,386 $1,960,661 $1,374,280 $-39,275
2021 $2,471,315 $2,426,230 $623,904 $45,085
2020 $3,415,912 $2,681,218 $3,495,332 $734,694
2019 $2,841,063 $2,609,950 $2,192,504 $231,113
2018 $2,805,365 $2,641,908 $1,624,651 $163,457
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