NATIONAL NURSE PRACTITIONER RESIDENCY & FELLOWSHIP TRAINING CONSORTIUM INC

EIN: 475041001 501(c)(3) Health Care

MIDDLETOWN, CT

Total Revenue
$478,768
Total Expenses
$632,653
Total Assets
$191,212
Net Assets
$-840,996
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
CT
Principal Officer
MARK MASSELLI
Phone
8603476971
Tax Period
2023-07-01 to 2024-06-30

NATIONAL NURSE PRACTITIONER RESIDENCY & FELLOWSHIP TRAINING CONSORTIUM INC, founded in 2015, is a small nonprofit in the Health Care sector that reported $479K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $633K exceeded revenue, resulting in a 32% operating deficit.

Mission

ESTABLISHING, DEVELOPING AND REFINING AN EDUCATIONAL AND TRAINING MODEL FOR NURSE PRACTITIONERS

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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 $0
Program Service Revenue $478,768
Investment Income $0
Other Revenue $0
TOTAL REVENUE $478,768

Expense Breakdown

Grants Paid $0
Salaries & Benefits $346,550
Fundraising Expenses $0
Program Expenses $293,469
Other Expenses $286,103
TOTAL EXPENSES $632,653

Year-over-Year Comparison

2023 2022 Change
Revenue $478,768 $356,680 +0.3%
Expenses $632,653 $547,961 +0.2%
Net Income $-153,885 $-191,281 -0.2%
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
11
Independent Members
8
Employees
3
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
6
$1,934,522
Total Directors
11
$1,715,084
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK MASSELLI PRESIDENT/CEO 2.00
Officer Director
$0 $56,657 $882,897
JASON PNIEWSKI TREASURER 2.00
Officer Director
$0 $31,985 $280,408
MARGARET FLINTER CHAIRPERSON 2.00
Officer Director
$0 $40,630 $551,779
VANESSA ROTHSTEIN DIRECTOR 0.50
Director
$0 $0 $0
AMANDA PEARS KELLY DIRECTOR 0.50
Director
$0 $0 $0
MITCHEL ERICKSON DIRECTOR 0.50
Director
$0 $0 $0
RAMONA BENKERT DIRECTOR 0.50
Director
$0 $0 $0
SHANNON FITZGERALD DIRECTOR 0.50
Director
$0 $0 $0
LISA J PARKER DIRECTOR 0.50
Director
$0 $0 $0
JULIE STUCKEY SECRETARY 0.50
Officer Director
$0 $0 $0
PATRICIA DENNEHY VICE CHAIRPERSON 0.50
Officer Director
$0 $0 $0
KERRYANNE BAMRICK EXECUTIVE DIRECTOR 40.00
Officer
$188,798 $30,640 $219,438
MARK KEELEY FORMER CFO 0.00
$0 $4,394 $205,174
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 $478,768 $632,653 $191,212 $-153,885
2023 $356,680 $547,961 $150,236 $-191,281
2022 $362,047 $410,369 $100,721 $-48,322
2021 $417,947 $344,407 $102,804 $73,540
2020 $251,176 $372,660 $52,700 $-121,484
2018 $44,700 $312,809 $54,179 $-268,109
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