Visiting Nurse Association of Manchester and Southern New Hampshire Inc
Overview
Mission
We are dedicated to advancing care at home through personal empowerment, compassion, and exceptional service.
What it reported doing in 2024
The Visiting Nurse Association of Manchester and Southern New Hampshire, Inc. supports affiliated nonprofit healthcare organizations whose missions include the promotion of health through home health care and related community services. The organization fulfills its exempt purpose by serving as a supporting and coordinating entity for its affiliated organizations, including holding assets, facilitating organizational alignment, and supporting system.level governance and planning activities. Management and operational services utilized by affiliated organizations are provided by related entities within the Elliot Health System.
Operating model
- Revenue model
- Earned-program. 100% 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.
Nonprofit profile at a glance
- EIN
- 020395296
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Headquarters
- Manchester, NH, USA
- Phone
- 6036223781
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
The verdict
SUPPORTED - Most voting board members are independent and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 60
- Accountability: 95
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 65.7%; rating input score 66
- Program expense ratio: 63.4%; rating input score 63
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 91.7%; rating input score 92; 22nd 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: 13.6%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 2.79; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 83; 83rd percentile among comparable filings
- Officer compensation ratio: 36%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: 10.8% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 2% per year; rating input score 100; 20th percentile among comparable filings
- Asset growth: 4% per year; rating input score 100; 29th percentile among comparable filings
Details
- Where the money goes: 65.7% of revenue deployed · 63.4% of spending went to programs
- Governance: 11 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.3M in reported program spending
- Leadership: top reported pay $1.6M · 18 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $683K reported
- Consistency: 27 of 27 current checks pass
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 16 annual filings from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 17 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.
Leadership & pay
18 people listed
Highest reported compensation
- William G Baxter (President & CEO): $1,581,095 total reported compensation
- Michael Turilli (SVP/CFO, SolutionHealth): $907,034 total reported compensation
- Rachel Chaddock (Elliot VNA Exec Director (end 12/24)): $357,540 total reported compensation
Source: IRS Form 990. Selected filing: FY2024.