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The Visiting Nurse Association Foundation Inc

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

EIN: 222581936 ✦ Lynn, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Visiting Nurse Association Foundation Inc?

The Visiting Nurse Association Foundation Inc, located in Lynn, Massachusetts, serves as a supporting entity for its affiliated organizations. Its primary role is to aid these affiliates in their developmental endeavors, ultimately helping them achieve their exempt purposes. The Foundation's mission is multifaceted, focusing on providing assistance in various development activities. By doing so, it plays a crucial role in enhancing the capabilities and effectiveness of its affiliated nonprofits.


Official website here: www.allcare.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 56%, One-Star out of Four Star rating.

The Visiting Nurse Association Foundation Inc has received a low rating of 56% from Charity Navigator, attributed solely to its Accountability & Finance score. While the organization demonstrates strong governance practices with an 87% independent board and solid oversight policies, other financial metrics indicate potential areas of concern.

Notably, the organization has a concerning Program Expense Ratio of 0.00%, suggesting that it may not be allocating funds effectively toward programmatic activities. Additionally, the Liabilities to Assets Ratio is at 11.77%, which raises questions about financial stability and management. These factors contribute to its overall low rating and indicate a need for improvement in financial transparency and program funding.

While the foundation has a number of strong governance and compliance policies in place, its financial performance and allocation of resources appear to be significant limitations. Stakeholders may want to consider these aspects when evaluating the organization's effectiveness and impact in the community.


This AI summary has been generated from information found on Charity Navigator.

Is The Visiting Nurse Association Foundation Inc legitimate?

The Visiting Nurse Association Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Visiting Nurse Association Foundation 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: $0

For more financial information, click here


Official website here: www.allcare.org

What is the mission statement of The Visiting Nurse Association Foundation Inc?

The Visiting Nurse Association Foundation Inc's mission is centered around assisting its affiliates in their developmental activities and facilitating the achievement of their exempt purposes. In simpler terms, the foundation's role is to provide support and guidance to its affiliated organizations, helping them to advance their own charitable objectives. This mission is aimed at contributing to the broader societal goals that these affiliates are committed to.


Official website here: www.allcare.org

Who is the CEO of The Visiting Nurse Association Foundation Inc?

Jo-Mary Koopman is the President/Ceo (End 02/22) of The Visiting Nurse Association Foundation Inc. The CEO's salary of The Visiting Nurse Association Foundation Inc is $0 and their total compensation is $485,360.


Official website here: www.allcare.org

What is the revenue of The Visiting Nurse Association Foundation Inc?

The Visiting Nurse Association Foundation Inc's revenue in 2022 was $1,034,321.


Official website here: www.allcare.org

Who are the executives of The Visiting Nurse Association Foundation Inc and what are their salaries?

There 7 volunteers at The Visiting Nurse Association Foundation Inc.


Here are 10 key members and their salaries (The Visiting Nurse Association Foundation Inc's CEO's salary is $0 and their total compensation is $485,360):


Shawn Potter (President/Ceo (End 02/22))
  • Compensation: $0
  • Related: $1,866,456
  • Other: $19,216
Jo-Mary Koopman (President/Ceo (From 03/22))
  • Compensation: $0
  • Related: $387,673
  • Other: $97,687
Daniel Meyler (Cfo/Senior Vp)
  • Compensation: $0
  • Related: $285,402
  • Other: $46,287
Ronald Plotka (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Clasby (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
F Robert Allison Esq (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Bransfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Fenton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Frost (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.allcare.org

Where can I find the form 990 for The Visiting Nurse Association Foundation Inc?

The Visiting Nurse Association Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.allcare.org

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

Mission Statement of The Visiting Nurse Association Foundation Inc

The Visiting Nurse Association Foundation Inc is committed to assisting its affiliated organizations in their development activities and aiding them in achieving their exempt purposes. In simpler terms, this esteemed foundation plays a crucial role in supporting its associated nonprofits as they work towards fulfilling their respective missions. By providing developmental aid, The Visiting Nurse Association Foundation Inc contributes significantly to the success and impact of its affiliated entities.

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Impact




October, 2024

The Visiting Nurse Association Foundation Inc plays a crucial role in enhancing healthcare services by supporting its affiliates in their development activities. Through targeted aid, the foundation enables these affiliates to achieve their exempt purposes, ultimately leading to improved health outcomes in the communities they serve. By focusing on organizational growth and capacity building, the foundation enhances the ability of healthcare providers to deliver essential services, ensuring that individuals receive the care they need. Operating out of Lynn, MA, the foundation’s commitment to health promotion and support for affiliated organizations strengthens the overall healthcare landscape, fostering a more effective response to community health challenges.




This information is meant to be a general summary of The Visiting Nurse Association Foundation 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
$1,034,321 (2022)
Expenses
$518,084 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $484,043
  • Gross Receipts: $3,438,037

Assets and Liabilities:

  • Total Assets: $46,398,018
  • Total Liabilities: $5,462,511
  • Net Assets: $40,935,507

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Organization Details

Founding Year

2003

Principal Officer

Jo-Mary Koopman

Main Address

210 Market Street, Lynn, MA, 01901

NTEE Category

Code: E92C - Health

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