Overview
What is Corvesta Inc?
Corvesta Inc, located at 4818 Starkey Road, Roanoke, VA, serves as a guiding and coordinating entity for Delta Dental of Virginia (DDVA) and other affiliated entities. This nonprofit organization's primary objective is to support the tax-exempt health care purposes of DDVA in an efficient and integrated manner. By providing opportunities through a holding company, Corvesta Inc aims to contribute to DDVA's mission. With a workforce of 55 individuals, this nonprofit plays a crucial role in monitoring and coordinating the activities of its subsidiaries to enhance healthcare services.
Official website here: www.corvesta.com
Is Corvesta Inc legitimate?
Corvesta Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Corvesta 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: $4,954,028
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,260,160
For more financial information, click here
Official website here: www.corvesta.com
What is the mission statement of Corvesta Inc?
Corvesta Inc's role is to guide, oversee, and coordinate the activities of its subsidiary, Delta Dental of Virginia (DDVA), and affiliated entities. Their primary objective is to help DDVA achieve its tax-exempt health care purposes in an efficient and integrated manner. This is done with the aim of supporting the mission of Delta Dental of Virginia and contributing to the broader health care sector. Corvesta Inc acts as a holding company, providing a framework for the effective operation of DDVA and its associated entities.
Official website here: www.corvesta.com
Who is the CEO of Corvesta Inc?
Mr Frank L Lucia is the CEO of Corvesta Inc The CEO's salary of Corvesta Inc is $2,041,318 and their total compensation is $2,138,177.
Official website here: www.corvesta.com
What is the revenue of Corvesta Inc?
Corvesta Inc's revenue in 2023 was -$509,499.
Official website here: www.corvesta.com
Who are the executives of Corvesta Inc and what are their salaries?
The average compensation at Corvesta Inc during 2023 was $177,196. There are 52 employees at Corvesta Inc.
Here are 18 key members and their salaries (Corvesta Inc's CEO's salary is $2,041,318 and their total compensation is $2,138,177):
- Compensation: $59,000
- Related: $0
- Other: $0
- Compensation: $35,000
- Related: $0
- Other: $0
- Compensation: $31,500
- Related: $0
- Other: $0
- Compensation: $39,875
- Related: $0
- Other: $0
- Compensation: $34,500
- Related: $0
- Other: $0
- Compensation: $37,625
- Related: $0
- Other: $0
- Compensation: $35,625
- Related: $0
- Other: $0
- Compensation: $0
- Related: $58,250
- Other: $0
- Compensation: $2,041,318
- Related: $0
- Other: $96,859
- Compensation: $803,832
- Related: $0
- Other: $83,660
- Compensation: $581,470
- Related: $0
- Other: $73,083
- Compensation: $536,093
- Related: $0
- Other: $61,850
- Compensation: $340,888
- Related: $0
- Other: $61,850
- Compensation: $209,671
- Related: $0
- Other: $54,239
- Compensation: $197,270
- Related: $0
- Other: $50,443
- Compensation: $200,205
- Related: $0
- Other: $47,501
- Compensation: $284,656
- Related: $0
- Other: $60,818
- Compensation: $176,926
- Related: $0
- Other: $54,603
Official website here: www.corvesta.com
Where can I find the form 990 for Corvesta Inc?
Corvesta Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.corvesta.com
Learn more at the official website: www.corvesta.com
Mission Statement of Corvesta Inc
Corvesta Inc, a holding company, is committed to supporting the mission of Delta Dental of Virginia (DDVA) by guiding, monitoring, and coordinating its activities and those of affiliated entities. The primary objective of Corvesta Inc is to help DDVA achieve its tax-exempt healthcare purposes in an efficient and integrated manner. By taking on this role, Corvesta Inc plays a crucial part in ensuring that DDVA can effectively deliver on its mission to provide dental care services. By coordinating the activities of these entities, Corvesta Inc helps to ensure that DDVA's resources are used effectively and efficiently to achieve its mission of providing dental care to its constituents.
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Impact
October, 2024
Corvesta Inc plays a vital role in enhancing community health by strategically guiding and coordinating the activities of its subsidiary, Delta Dental of Virginia (DDVA), along with other affiliated entities. By effectively overseeing these operations, Corvesta Inc ensures that DDVA can fulfill its tax-exempt health care purposes, making dental care more accessible and organized within the community.
In Roanoke, Virginia, Corvesta Inc's efforts contribute to the efficient delivery of dental services, thereby supporting preventive care and oral health initiatives. This coordinated approach not only streamlines operations but also allows for targeted programs that promote better health outcomes for individuals and families in the region. The impact of Corvesta Inc extends beyond operational management; it fosters a collaborative environment that amplifies the resources available for health care needs, ultimately enhancing the quality of life for those served by Delta Dental of Virginia.
This information is meant to be a general summary of Corvesta 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,738,744
- Gross Receipts: $1,743,576
Assets and Liabilities:
- Total Assets: $80,763,476
- Total Liabilities: $8,224,028
- Net Assets: $72,539,448
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Organization Details
Founding Year
2006
Principal Officer
R James Barker
Website
www.corvesta.comNTEE Category
Code: E11 - Health
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