CHILDREN'S HEALTH VENTURES INC

EIN: 863124726 501(c)(3) Health Care

NEPTUNE, NJ

Total Revenue
$259,264
Total Expenses
$296,991
Total Assets
$321,951
Net Assets
$-317,648
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NJ
Principal Officer
CHRISTOPHER RINN CEO
Phone
7322246968
Tax Period
2023-01-01 to 2023-12-31

CHILDREN'S HEALTH VENTURES INC, founded in 2021, is a small nonprofit in the Health Care sector that reported $259K in total revenue in fiscal year 2023. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $297K exceeded revenue, resulting in a 15% operating deficit.

Mission

CHILDREN'S HEALTH VENTURES INC. IS A NONPROFIT ORGANIZATION DEDICATED TO HELPING INDIVIDUALS AND FAMILIES IN ACHIEVING THEIR BEST LEVEL OF WELL BEING BY PROVIDING COMPASSIONATE, COORDINATED, AND INNOVATIVE CARE IN THEIR HOMES AND COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $267,290 Revenue: $0

THE VNA HEALTH GROUP AND ITS AFFILIATES, INCLUDING CHILDREN'S HEALTH VENTURES, PROVIDED HOME HEALTH, HOSPICE AND COMMUNITY BASED SERVICES TO THE PEOPLE IN ITS SERVICE AREA. DURING 2023, APPROXIMATELY...

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THE VNA HEALTH GROUP AND ITS AFFILIATES, INCLUDING CHILDREN'S HEALTH VENTURES, 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.

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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 $259,264
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $259,264

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $267,290
Other Expenses $296,991
TOTAL EXPENSES $296,991

Year-over-Year Comparison

2023 2022 Change
Revenue $259,264 $765,891 -0.7%
Expenses $296,991 $764,784 -0.6%
Net Income $-37,727 $1,107 -35.1%
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
43
Independent Members
42
Employees
N/A
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
8
$2,127,779
Total Directors
43
$355,838
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN LANDERS MD MPH PRESIDENT (Termed) 10.0
Officer
$0 $31,935 $689,794
PETER GAYLORD MBA ASSISTANT TREASURER 5.0
Officer
$0 $90,311 $653,636
JOHN A CHIAPPINELLI ASSISTANT SECRETARY 5.0
Officer
$0 $62,126 $428,511
CHRISTOPHER RINN PRESIDENT/TRUSTEE 10.0
Officer Director
$0 $61,884 $355,838
PATRICK MCMENAMIN CHAIRMAN 5.0
Officer Director
$0 $0 $0
ROBERT DIBBLE VICE CHAIRMAN 5.0
Officer Director
$0 $0 $0
RONALD KLEIN TREASURER 5.0
Officer Director
$0 $0 $0
BILL ARNOLD MHA TRUSTEE 2.0
Director
$0 $0 $0
CHRISTOPHER BERNARD CFA TRUSTEE 2.0
Director
$0 $0 $0
JOSHUA BERSHAD MD MBA TRUSTEE 2.0
Director
$0 $0 $0
THOMAS BIGA FACHE TRUSTEE 2.0
Director
$0 $0 $0
PATRICK BOYLE TRUSTEE 2.0
Director
$0 $0 $0
WENDY C BUDIN PHD RN-BC FACHE TRUSTEE 2.0
Director
$0 $0 $0
RICHARD CALDWELL CPA TRUSTEE 2.0
Director
$0 $0 $0
MINNIE CAMPBELL DNSC MED RN TRUSTEE 2.0
Director
$0 $0 $0
STEPHEN DEFEO ESQ TRUSTEE 2.0
Director
$0 $0 $0
FRED DEGRANDIS TRUSTEE 2.0
Director
$0 $0 $0
JOHN DOLL TRUSTEE 2.0
Director
$0 $0 $0
LISA LAIRD DUNN TRUSTEE 2.0
Director
$0 $0 $0
CAROL SILVER ELLIOTT TRUSTEE 2.0
Director
$0 $0 $0
MEG FISHER MD FAAP TRUSTEE 2.0
Director
$0 $0 $0
ELI FELDMAN MBA TRUSTEE 2.0
Director
$0 $0 $0
ANTHONY GHEE LLM TRUSTEE 2.0
Director
$0 $0 $0
PAMELA GUBITOSI TRUSTEE 2.0
Director
$0 $0 $0
JIM HICKEY TRUSTEE 2.0
Director
$0 $0 $0
JOSEPH IANTOSCA CRISC CDPSE TRUSTEE 2.0
Director
$0 $0 $0
JESSICA ISRAEL MD TRUSTEE 2.0
Director
$0 $0 $0
BONNIE FEATHERSTONE JOHNSON TRUSTEE 2.0
Director
$0 $0 $0
KATHY JONES TRUSTEE 2.0
Director
$0 $0 $0
KENNY KING TRUSTEE 2.0
Director
$0 $0 $0
EILEEN O'HERN ESQ SECRETARY 5.0
Officer Director
$0 $0 $0
JANET MAHONEY PHD RN APN-C TRUSTEE 2.0
Director
$0 $0 $0
ANN MARIE MAURO PHD RN CNL CNE TRUSTEE 2.0
Director
$0 $0 $0
KERRY O'BRIEN TRUSTEE 2.0
Director
$0 $0 $0
NEAL ORISTANO TRUSTEE 2.0
Director
$0 $0 $0
PATTY OSTASZEWSKI MS BSN CRRN TRUSTEE 2.0
Director
$0 $0 $0
MICHAEL PIETROWICZ MBA TRUSTEE 2.0
Director
$0 $0 $0
CHRIS PUCILLO TRUSTEE 2.0
Director
$0 $0 $0
THOMAS SCOTT FACHE FABC TRUSTEE 2.0
Director
$0 $0 $0
LYNN SPECTOR LCSW TRUSTEE 2.0
Director
$0 $0 $0
MARYAM SPECTOR TRUSTEE 2.0
Director
$0 $0 $0
JASON SPIRO ESQ TRUSTEE 2.0
Director
$0 $0 $0
ALFRED TALLIA MD MPH TRUSTEE 2.0
Director
$0 $0 $0
VINCENT TIZZIO TRUSTEE 2.0
Director
$0 $0 $0
LOUIS URBAN TRUSTEE 2.0
Director
$0 $0 $0
AMI SPARANO TRUSTEE 2.0
Director
$0 $0 $0
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 $259,264 $296,991 $321,951 $-37,727
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