PARKER ADVANCED CARE INSTITUTE AT VNAHG INC

EIN: 873098974 501(c)(3) Health Care

NEPTUNE, NJ

Total Revenue
$4,642,777
Total Expenses
$4,657,965
Total Assets
$7,484,801
Net Assets
$6,952,062
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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
7322246868
Tax Period
2023-01-01 to 2023-12-31

PARKER ADVANCED CARE INSTITUTE AT VNAHG INC, founded in 2021, is a community nonprofit in the Health Care sector that reported $4.6M in total revenue in fiscal year 2023.

Mission

PARKER ADVANCED CARE INSTITUTE AT VNAHG, INC. IS A NONPROFIT ORGANIZATION DEDICATED TO HELPING INDIVIDUALS AND FAMILIES IN ACHIEVING THEIR BEST LEVEL OF WELL-BEING BY PROVIDING MEDICAL ADVOCACY, CARE COORDINATION, PRIMARY AND PALLATIVE CARE IN THEIR HOMES AND COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $2,483,405 Revenue: $4,592,700

THE VNA HEALTH GROUP AND ITS AFFILIATES, INCLUDING PARKER ADVANCED CARE INSTITUTE, PROVIDED HOME HEALTH, HOSPICE AND COMMUNITY BASED SERVICES TO THE PEOPLE IN ITS SERVICE AREA. DURING 2023...

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THE VNA HEALTH GROUP AND ITS AFFILIATES, INCLUDING PARKER ADVANCED CARE INSTITUTE, 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 Parker Home and Community Based Services, 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 $23,834
Program Service Revenue $4,592,700
Investment Income $26,243
Other Revenue $0
TOTAL REVENUE $4,642,777

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,025,046
Fundraising Expenses $0
Program Expenses $2,483,405
Other Expenses $2,632,919
TOTAL EXPENSES $4,657,965

Year-over-Year Comparison

2023 2022 Change
Revenue $4,642,777 $4,591,841 +0.0%
Expenses $4,657,965 $4,479,165 +0.0%
Net Income $-15,188 $112,676 -1.1%
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
6
Independent Members
N/A
Employees
37
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
2
$280,067
Total Directors
6
$280,067
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX BINDER Vice Chairman 40.0
Officer Director
$261,515 $18,552 $280,067
ROBERT MUNIZ CHAIRMAN 5.0
Officer Director
$0 $0 $0
ELI FELDMAN MBA TRUSTEE 2.0
Director
$0 $0 $0
PETER GAYLORD MBA TRUSTEE 5.0
Director
$0 $0 $0
CLIFFORD HOLLAND TRUSTEE 2.0
Director
$0 $0 $0
DONNA SILBERT 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 $4,642,777 $4,657,965 $7,484,801 $-15,188
2022 $4,591,841 $4,479,165 $4,592,658 $112,676
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