Overview
What is Hopehealth Visiting Nurse?
Established in 1908, Hopehealth Visiting Nurse (HHVN) is a dedicated nonprofit organization situated in Lincoln, Rhode Island. Their mission, which remains unchanged, is to enhance the quality of life in the communities they serve by providing skilled nursing care for common home health needs, such as post-operative care, wound care, IV therapy, and physical, occupational, and speech therapy. Safety is a top priority for HHVN, and they are committed to maintaining it while providing the best patient care during the pandemic. In FY22, HHVN offered nursing, home health aides, social workers, physical, occupational, and speech therapists' services to over 3,662 patients and families in the comfort of their homes. They are fully accredited by the Joint Commission, certified by Medicare and Medicaid for meeting quality standards, and have a 5-star rating for patient satisfaction on Medicare's Home Health Compare. HHVN is a vital part of the Hopehealth family of services, dedicated to providing the best possible care to the communities they serve through innovative programs and services. They are committed to improving the lives of the people they serve, working as a team to offer high-quality, compassionate care to patients in the comfort of their homes. Their patient-centered care includes primary services such as nursing, physical therapy, occupational therapy, speech therapy, home health aides, and medical social work, as well as specialty services like therapies for mobility, vision, and neurological disorders, telemedicine, wound care, and palliative home care.
Official website here: www.hopehealthco.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Hopehealth Visiting Nurse has received a Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance. With a score of 81%, the organization demonstrates excellent governance practices, including a fully independent board and comprehensive financial oversight. The metrics indicate a solid commitment to transparency, as all required policies and documents are properly listed and maintained.
The nonprofit's program expense ratio is notable at approximately 79.92%, suggesting that a significant portion of its expenses is allocated to programs rather than administrative costs. This efficiency in resource allocation is a positive sign for potential donors and stakeholders, indicating that the organization prioritizes its mission over overhead. The lack of material diversion of assets further enhances its credibility.
However, the organization faces a critical limitation with a liabilities-to-assets ratio of 292.93%, which raises concerns about financial stability. While the charity excels in many governance aspects, this high ratio suggests potential financial risks that could impact its operations in the long term. Overall, while Hopehealth Visiting Nurse showcases strong accountability, stakeholders should be aware of the financial challenges indicated by its liabilities.
This AI summary has been generated from information found on Charity Navigator.
Is Hopehealth Visiting Nurse legitimate?
Hopehealth Visiting Nurse is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hopehealth Visiting Nurse 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: $114,329
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,412,710
For more financial information, click here
Official website here: www.hopehealthco.org
What is the mission statement of Hopehealth Visiting Nurse?
Hopehealth Visiting Nurse's mission is centered around improving the quality of life in the communities they serve. They achieve this by providing compassionate and high-quality care to their patients in the comfort of their homes. The organization is committed to continually seeking quality in all they do, showing respect for everyone they serve, and having a vision for future needs. Their team of nurses, therapists, home health aides, and other professionals work together to deliver primary services such as nursing, physical therapy, occupational therapy, speech therapy, home health aides, and medical social work. Furthermore, they offer specialty services including therapies for mobility, vision, and neurological disorders, telemedicine, wound care, and palliative home care. Hopehealth Visiting Nurse is fully accredited by the Joint Commission and certified by Medicare and Medicaid for meeting quality standards, and they have a high patient satisfaction rating.
Official website here: www.hopehealthco.org
Who is the CEO of Hopehealth Visiting Nurse?
Diana Franchitto is the Director of Hopehealth Visiting Nurse. The CEO's salary of Hopehealth Visiting Nurse is $0 and their total compensation is $553,055.
Official website here: www.hopehealthco.org
What is the revenue of Hopehealth Visiting Nurse?
Hopehealth Visiting Nurse's revenue in 2022 was $7,979,541.
Official website here: www.hopehealthco.org
Who are the executives of Hopehealth Visiting Nurse and what are their salaries?
The average compensation at Hopehealth Visiting Nurse during 2022 was $55,346. There are 136 employees and 29 volunteers at Hopehealth Visiting Nurse.
Here are 36 key members and their salaries (Hopehealth Visiting Nurse's CEO's salary is $0 and their total compensation is $553,055):
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- Related: $329,952
- Other: $26,553
Official website here: www.hopehealthco.org
Where can I find the form 990 for Hopehealth Visiting Nurse?
Hopehealth Visiting Nurse's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopehealthco.org
Learn more at the official website: www.hopehealthco.org
Mission Statement of Hopehealth Visiting Nurse
Hopehealth Visiting Nurse, established in 1908, is dedicated to improving the quality of life in the communities it serves. This nonprofit organization, fully accredited by the Joint Commission and certified by Medicare and Medicaid, embodies a commitment to quality and compassionate care. Their core values drive them to continually seek improvements, envision future needs, and show respect for everyone they serve.
Hopehealth Visiting Nurse is distinguished by its patient-centered approach, providing high-quality care to patients in the comfort of their homes. Their team of nurses, therapists, home health aides, and other professionals work together to deliver compassionate care, encompassing primary services such as nursing, physical therapy, occupational therapy, speech therapy, home health aides, and medical social work. Beyond these primary services, Hopehealth Visiting Nurse offers specialty services, including therapies for mobility, vision, and neurological disorders, telemedicine, wound care, and palliative home care. Their mission to improve lives is evident in their innovative programs and services, making a difference in the lives of patients and their families.
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Impact
July, 2024
Hopehealth Visiting Nurse's impact is significant in providing high-quality, in-home health care services to patients and families in the communities it serves. With a history dating back to 1908, this organization has been making a difference by offering skilled nursing care for various home health needs, including post-operative care, wound care, IV therapy, and various therapies.
Through innovative programs and services, Hopehealth Visiting Nurse has demonstrated a commitment to improving the quality of life for its patients. With a team of dedicated nurses, therapists, home health aides, and other professionals, they provide compassionate care in the comfort of patients' homes. This patient-centered approach includes primary services such as nursing, physical therapy, occupational therapy, speech therapy, home health aides, and medical social work.
Furthermore, the organization's emphasis on safety, quality, and respect for everyone they serve is commendable. Fully accredited by the Joint Commission and certified by Medicare and Medicaid for meeting quality standards, Hopehealth Visiting Nurse has received a 5-star rating for patient satisfaction on Medicare's Home Health Compare.
In the fiscal year 2022 alone, Hopehealth Visiting Nurse provided essential healthcare services to over 3,662 patients and families, showcasing their impact and reach within the community. By focusing on improving the lives of those they serve and continually seeking excellence in their services, Hopehealth Visiting Nurse continues to play a vital role in enhancing community health and well-being.
This information is meant to be a general summary of Hopehealth Visiting Nurse. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $558
- Program Service Revenue: $7,200,679
- Gross Receipts: $7,979,541
Assets and Liabilities:
- Total Assets: $3,735,850
- Total Liabilities: $10,943,481
- Net Assets: -$7,207,631
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$7,180,184
OTHER PATIENT REVENUE
Revenue
$20,495
Organization Details
Founding Year
1908
Phone
(401) 769-5670Principal Officer
Diana Franchitto
Main Address
6 BLACKSTONE PLACE 515, LINCOLN, RI, 02865
Website
www.hopehealthco.orgNTEE Category
Code: E92Z - Health
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