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Managed Health Resources Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043189108 ✦ Somerville, MA ✦ Designated as a 501(c)(3)

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Overview

What is Managed Health Resources Inc?

Managed Health Resources Inc, located in Somerville, Massachusetts, is a nonprofit organization dedicated to offering management services to its affiliated tax-exempt organizations. Their mission, as stated, involves providing community-based services to those in need, extending beyond basic healthcare to include affordable housing and supportive services. The organization further supports the charitable activities of its affiliated entities, contributing to the betterment of the community on multiple fronts. With a workforce of 274 individuals, Managed Health Resources Inc is committed to making a positive impact in the lives of those it serves.


Official website here: www.vnaem.org

Is Managed Health Resources Inc legitimate?

Managed Health Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Managed Health Resources Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,683,120

For more financial information, click here


Official website here: www.vnaem.org

What is the mission statement of Managed Health Resources Inc?

Managed Health Resources Inc, as an organization, is committed to providing community-based services to those in need. Their mission encompasses offering home health care, affordable housing, and supportive services. Additionally, they support the charitable activities of their affiliated organizations. This commitment extends to providing management services to their tax-exempt affiliate organizations.


Official website here: www.vnaem.org

Who is the CEO of Managed Health Resources Inc?

Linda Cornell is the Chairperson of Managed Health Resources Inc. The CEO's salary of Managed Health Resources Inc is $230,983 and their total compensation is $310,754.


Official website here: www.vnaem.org

What is the revenue of Managed Health Resources Inc?

Managed Health Resources Inc's revenue in 2021 was $10,079,712.


Official website here: www.vnaem.org

Who are the executives of Managed Health Resources Inc and what are their salaries?

The average compensation at Managed Health Resources Inc during 2021 was $28,041. There are 274 employees at Managed Health Resources Inc.


Here are 10 key members and their salaries (Managed Health Resources Inc's CEO's salary is $230,983 and their total compensation is $310,754):


Fran Gayron (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Minassian (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda S Cornell (President/Ceo)
  • Compensation: $230,983
  • Related: $0
  • Other: $79,771
Ellen O'Brien (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shipley Mason (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Landers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Ditucci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Sauerborn (Cfo, Director)
  • Compensation: $113,300
  • Related: $0
  • Other: $29,849
Maryanne Guillemette (Clinical Director)
  • Compensation: $118,733
  • Related: $0
  • Other: $15,332
Nancy Bergeron (Director Of Sales And Marketing)
  • Compensation: $104,667
  • Related: $0
  • Other: $1,505


Official website here: www.vnaem.org

Where can I find the form 990 for Managed Health Resources Inc?

Managed Health Resources Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.vnaem.org

Learn more at the official website: www.vnaem.org

Mission Statement of Managed Health Resources Inc

Managed Health Resources Inc, as a nonprofit organization, is dedicated to providing community-based services to individuals in need. This encompasses a wide range of support, including home health care services, affordable housing options, and various forms of supportive services. Furthermore, Managed Health Resources Inc plays a crucial role in bolstering the charitable activities of its affiliated organizations. By offering these services, the organization aims to improve the living conditions and well-being of those who are less fortunate, thereby contributing positively to their communities.

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Impact




October, 2024

Managed Health Resources Inc. plays a significant role in enhancing community well-being by offering a range of essential services tailored to individuals in need. The organization focuses on providing community-based resources, including home health care, affordable housing, and supportive services. By addressing critical areas of health and living conditions, Managed Health Resources Inc. helps to improve the quality of life for vulnerable populations.

In addition to direct services, the organization also supports the charitable activities of its affiliated entities, fostering a collaborative network that amplifies the impact of their initiatives. Based in Somerville, MA, its mission underscores a commitment to community improvement, ensuring that those facing challenges have access to necessary resources and support. Through these efforts, Managed Health Resources Inc. contributes to the overall health and stability of the communities it serves.




This information is meant to be a general summary of Managed Health Resources Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$10,079,712 (2021)
Expenses
$10,293,920 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $34,590
  • Program Service Revenue: $10,040,767
  • Gross Receipts: $10,079,712

Assets and Liabilities:

  • Total Assets: $3,938,917
  • Total Liabilities: $884,681
  • Net Assets: $3,054,236

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT STAFFING

Revenue

$7,185,570

CONTRACT SERVICES

Revenue

$2,528,925

MANAGEMENT FEES

Revenue

$326,272

Organization Details

Founding Year

1993

Principal Officer

Linda Cornell

Main Address

259 LOWELL STREET, SOMERVILLE, MA, 02144

NTEE Category

Code: S50I - Community improvement

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