Overview
What is Veterans Education And Research Association Of Northern New England Inc?
Veterans Education and Research Association of Northern New England Inc. is a nonprofit organization located in White River Junction, Vermont. Their primary mission is to enhance healthcare for veterans by promoting research and educational programs at various Veterans Affairs (VA) medical centers in the Northern New England region, including White River Junction, Vermont; Manchester, New Hampshire; Augusta, Maine; and Northampton, Massachusetts. Through this association, they provide a flexible funding mechanism to support VA-authorized research and education activities at their partner VA medical centers, aiming to advance state-of-the-art healthcare for our nation's veterans. With a workforce of 37 individuals, they contribute to the well-being of veterans by facilitating groundbreaking research and educational initiatives.
Official website here: www.veranneinc.org
What are the reviews and ratings of this charity?
96% rating from Charity Navigator, earning a Four-Star out of Four Star rating, indicates strong performance in accountability and finance for Veterans Education And Research Association Of Northern New England Inc. This high score is determined entirely by their accountability and finance practices, showcasing their commitment to transparency and responsible management of funds.
The organization has demonstrated exemplary governance with 100% of board members being independent, ensuring unbiased decision-making. They maintain a healthy financial structure, evidenced by a low liabilities-to-assets ratio of 14.34% and a high program expense ratio of 90.12%, meaning the majority of their resources are directed towards their mission and programs.
While the data reflects a robust operational model with comprehensive policies in place, there are no noted limitations in this assessment. Overall, the organization appears to be effectively structured, with strong financial stewardship and governance practices that should inspire confidence among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Veterans Education And Research Association Of Northern New England Inc legitimate?
Veterans Education And Research Association Of Northern New England Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veterans Education And Research Association Of Northern New England 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: $212,304
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,166,996
For more financial information, click here
Official website here: www.veranneinc.org
What is the mission statement of Veterans Education And Research Association Of Northern New England Inc?
The Veterans Education and Research Association of Northern New England Inc's primary mission is to enhance healthcare for veterans through the promotion of research and educational programs at various Veterans Affairs Medical Centers in the northern region. This organization operates under a flexible funding mechanism, as authorized by Congress, to support VA-sanctioned research and education at its partner medical centers. The association aims to facilitate research and education at VA Medical Centers in White River Junction, VT, Manchester, NH, the VA Maine Healthcare System in Augusta, ME, and the VA Central Western Massachusetts in Northampton, MA.
Official website here: www.veranneinc.org
What is the revenue of Veterans Education And Research Association Of Northern New England Inc?
Veterans Education And Research Association Of Northern New England Inc's revenue in 2024 was $3,336,011.
Official website here: www.veranneinc.org
Who are the executives of Veterans Education And Research Association Of Northern New England Inc and what are their salaries?
The average compensation at Veterans Education And Research Association Of Northern New England Inc during 2024 was $59,482. There are 40 employees and 13 volunteers at Veterans Education And Research Association Of Northern New England Inc.
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- Compensation: $155,976
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Official website here: www.veranneinc.org
Where can I find the form 990 for Veterans Education And Research Association Of Northern New England Inc?
Veterans Education And Research Association Of Northern New England Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.veranneinc.org
Learn more at the official website: www.veranneinc.org
Mission Statement of Veterans Education And Research Association Of Northern New England Inc
The Veterans Education and Research Association of Northern New England, often referred to as VERANNE, is an organization committed to improving veterans' healthcare. Its principal mission, as outlined by Congress under 38 USC 7361-7366, is to provide a flexible funding mechanism to support research and education at Veterans Affairs Medical Centers in the northern New England region. This association aims to advance healthcare for veterans by fostering state-of-the-art research and educational programs at these medical centers, thereby contributing significantly to the overall well-being of the veteran community. By facilitating research and education at VA Medical Centers in White River Junction, VT, Manchester, NH, the VA Maine Healthcare System, Augusta, ME, and the VA Central Western Massachusetts, Northampton, MA, VERANNE plays a vital role in enhancing healthcare services for veterans in this region.
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Impact
October, 2024
Veterans Education And Research Association Of Northern New England Inc significantly impacts the healthcare landscape for veterans in the region by advancing state-of-the-art medical care through dedicated research and education initiatives. By facilitating research and supporting educational programs at Veterans Affairs Medical Centers in White River Junction, VT, Manchester, NH, Augusta, ME, and Northampton, MA, the organization plays a crucial role in enhancing the quality of care provided to veterans.
The association's funding mechanisms allow for the conduct of VA-authorized research, which leads to innovative treatments and improved healthcare practices tailored to the unique needs of veterans. This not only benefits individual patients but also contributes to the overall enhancement of healthcare systems within the VA framework, fostering a culture of continuous improvement and clinical excellence.
In summary, the Veterans Education And Research Association Of Northern New England Inc is instrumental in ensuring that veterans receive top-tier healthcare, driven by research and educational efforts that address their specific needs and challenges.
This information is meant to be a general summary of Veterans Education And Research Association Of Northern New England 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 2024.
- Investment Income: $3,402
- Program Service Revenue: $3,332,774
- Gross Receipts: $3,337,789
Assets and Liabilities:
- Total Assets: $3,573,335
- Total Liabilities: $366,897
- Net Assets: $3,206,438
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEDERAL AWARDS AND GRA
Revenue
$1,624,559
IPA RESEARCH FUNDS
Revenue
$664,592
INDIRECT INCOME
Revenue
$436,557
PHARMACEUTICAL COMPANY
Revenue
$400,128
OTHER GRANTS
Revenue
$158,756
Organization Details
Founding Year
1989
Principal Officer
Sheila Noone
Website
www.veranneinc.orgNTEE Category
Code: H00 - Medical research
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