Viecare Inc
Nonprofit profile at a glance
- EIN
- 205900922
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Cranberry Township, PA, USA
- Phone
- 7247422246
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Management & Technical Assistance
Reported finances
- Revenue
- $1,064,677
- Expenses
- $1,481,027
- Assets
- $26,149,112
- Liabilities
- $3,703,040
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Highest reported compensation
- DAVID J FENOGLIETTO (CHAIR): $502,791 total reported compensation
- JEFFREY L CARRAWAY (TREASURER): $268,264 total reported compensation
- CHARLES LAMB (SECRETARY): $220,408 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of viecare, inc. Is to provide a home and community-based program of all-inclusive healthcare to serve the frail, low income elderly as an alternative to institutional care for senior adults known nationally as p.a.c.e. And in pa l.i.f.e. (living independence for the elderly).
What it reported doing in 2024
Formed a partnership with heritage valley health system to provide pace, a national medicaid medicare program to service the fail, low income elderly in beaver county and lawrence county, known as life beaver and lawrence counties. Formed a partnership with butler health system to provide pace, a national medicaid medicare program to serve the frail, low income elderly in butler county, known as life butler county. Formed a partnership with armstrong memorial hospital to provide pace, a national medicaid and medicare program to serve the frail, low income elderly in armstrong county known as life armstrong county.
Operating model
- Revenue model
- Earned-program. 92% 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.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of voting board members are independent and a relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 43
- Transparency & Controls: 70
- Accountability: 37
- Sustainability: 35
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.6%; rating input score 54
- Program expense ratio: 38.6%; rating input score 39
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- 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: 0%; rating input score 0; 5th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -39.1%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 17.66; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 28.3%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: -8.5% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 16th percentile among comparable filings
- Asset growth: 11.2% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 53.6% of revenue deployed · 38.6% of spending went to programs
- Governance: 0 of 3 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $571K in reported program spending
- Leadership: top reported pay $503K · 5 people listed · 1 of 6 pay-setting controls reported
- Consistency: 29 of 29 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 21 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- Review — Financial Efficiency: Mission deployment rate scored 54/100.
- Moderate — Financial Efficiency: Program expense ratio scored 39/100.
- High — Sustainability: Operating margin scored 4/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Officer compensation ratio scored 8/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.