Granite VNA
Legal name: Granite VNA Inc
Overview
Mission
We enhance dignity and independence for people by delivering quality health care and promoting wellness in homes and communities through all stages of life. Our History For more than 125 years, Granite VNA has made a difference in the lives of people in our community, both as a not-for-profit home health care and hospice provider and trusted resource for ensuring community wellness, and as an employer. From our highly skilled clinical teams to those who provide leadership and administrative support in our offices, our entire team is deeply committed to meeting the health needs of our patients, clients and their families in the 72 New Hampshire communities we serve. Granite VNA offers a wide range of personalized services and programs including home care, hospice, pediatric and maternal child health services, and wellness programming.
What it reported doing in 2024
Community Health Services - provides community based health care services including senior health clinics, immunization clinics, and community health education including "Healthy Steps for Older Adults" a program to assist older adults reduce their fall risk by increasing awareness and teaching them how to make changes to their health habits and lifestyle to improve safety and well-being and "A Matter of Balance" a program that assists older adults in reducing their fear of falling and improving their activity levels.
Operating model
- Revenue model
- Earned-program. 91% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 020222122
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Headquarters
- Concord, NH, USA
- Phone
- (603) 224-4093; (800) 924-8620
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Home Health Care
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 89
- Accountability: 100
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.3%; rating input score 81
- Program expense ratio: 78.3%; rating input score 78
- Fundraising efficiency: $21.04 raised per $1 spent on fundraising; rating input score 58; 58th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -3.2%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 1.2; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 4.1%; rating input score 58; 58th percentile among comparable filings
Growth
- Program expense growth: 4.7% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 4.9% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 6.6% per year; rating input score 100; 46th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site
- Where the money goes: 81.3% of revenue deployed · 78.3% of spending went to programs
- Governance: 16 of 16 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $33.7M in reported program spending
- Leadership: top reported pay $453K · 28 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $683K reported
- Consistency: 39 of 39 current checks pass
- Schedules: 9 filed schedules · includes major donors and executive pay
- Filing history: 15 annual filings from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Leadership & pay
28 people listed
Highest reported compensation
- Beth J Slepian (President/CEO): $453,094 total reported compensation
- Jason Edwards (Nurse): $307,418 total reported compensation
- James Manahan (CFO): $251,162 total reported compensation
Source: IRS Form 990. Selected filing: FY2024.