Civic Intelligence

Visiting Nurse Communities Inc.

990 • Fiscal year 2018 • EIN 47-1890512

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 08, 2019

Organization ProfileWWW.VNAEM.ORG
259 Lowell StreetSomerville, MA 02144

(617) 776-9800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

81st percentile

0.63x

Higher debt load relative to assets than 81% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

91st percentile

2.80x

Higher debt load relative to revenue than 91% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

62nd percentile

7.7%

Higher net margin than 62% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

89th percentile

$302,451

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 14.8% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

37th percentile

-1.2%

Faster asset growth than 37% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

68th percentile

13%

Faster revenue growth than 68% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$9,129,704

Down $114,737 (-1.2%) from 2017

Net Assets

Up

$3,412,913

Up $156,935 (+4.8%) from 2017

Liabilities

Down

$5,716,791

Down $271,672 (-4.5%) from 2017

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin62nd percentile

Revenue

Up

$2,043,925

Up $228,237 (+13%) from 2017

Expenses

Up

$1,886,990

Up $101,066 (+5.7%) from 2017

Net Income

Up

$156,935

Up $127,171 (+427%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2016: $9,119,902Liabilities 2016: $5,893,688Net Assets 2016: $3,226,2142016Assets 2017: $9,244,441Liabilities 2017: $5,988,463Net Assets 2017: $3,255,9782017Assets 2018: $9,129,704Liabilities 2018: $5,716,791Net Assets 2018: $3,412,9132018Assets 2019: $8,873,934Liabilities 2019: $5,869,954Net Assets 2019: $3,003,9802019Assets 2020: $8,685,062Liabilities 2020: $5,585,479Net Assets 2020: $3,099,5832020Assets 2021: $8,522,333Liabilities 2021: $5,299,621Net Assets 2021: $3,222,7122021Assets 2022: $8,324,512Liabilities 2022: $5,148,540Net Assets 2022: $3,175,9722022Assets 2023: $8,529,249Liabilities 2023: $4,999,379Net Assets 2023: $3,529,8702023Assets 2024: $8,578,785Liabilities 2024: $4,874,394Net Assets 2024: $3,704,3912024

Highlighted filing

2018

Assets$9,129,704
Liabilities$5,716,791
Net Assets$3,412,913
Open 2018 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $1,493,273Expenses 2016: $1,396,182Net Income 2016: $97,0912016Revenue 2017: $1,815,688Expenses 2017: $1,785,924Net Income 2017: $29,7642017Revenue 2018: $2,043,925Expenses 2018: $1,886,990Net Income 2018: $156,9352018Revenue 2019: $1,716,524Expenses 2019: $1,846,082Net Income 2019: -$129,5582019Revenue 2020: $1,819,384Expenses 2020: $1,723,781Net Income 2020: $95,6032020Revenue 2021: $1,931,182Expenses 2021: $1,808,053Net Income 2021: $123,1292021Revenue 2022: $1,928,937Expenses 2022: $1,975,677Net Income 2022: -$46,7402022Revenue 2023: $1,971,210Expenses 2023: $1,617,312Net Income 2023: $353,8982023Revenue 2024: $1,810,613Expenses 2024: $1,636,092Net Income 2024: $174,5212024

Highlighted filing

2018

Revenue$2,043,925
Expenses$1,886,990
Net Income$156,935
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 8, 2019
Return Version
2018v3.1
Gross Receipts
$2,043,925
Mission and Program Overview

Mission

To provide affordable assisted living services to those in need including but not limited to home health care, affordable housing and supportive services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,905,320$8,715,392▼ $189,928
Cash and Non-Interest-Bearing Accounts$18,762$80,053▲ $61,291
Prepaid Expenses and Deferred Charges$2,021$12,137▲ $10,116
Accounts Receivable$14,887$11,614▼ $3,273
Total Assets$9,244,441$9,129,704▼ $114,737
Other Assets Total$303,451$310,508▲ $7,057
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,000,543$4,888,524▼ $112,019
Other Liabilities$914,679$756,719▼ $157,960
Accounts Payable and Accrued Expenses$73,241$71,548▼ $1,693
Total Liabilities$5,988,463$5,716,791▼ $271,672
Net Assets / Fund Balance
Unrestricted Net Assets$2,814,614$2,986,808▲ $172,194
Temporarily Rstr Net Assets$441,364$426,105▼ $15,259
Total Net Assets Fund Balance$3,255,978$3,412,913▲ $156,935
Total Liabilities and Net Assets / Fund Balance$9,244,441$9,129,704▼ $114,737

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,330,214$494,242$6,824,456
Land$1,950,000-$1,950,000
Equipment$435,178$126,638$561,816
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleOtherTotal
Jacob H Sauerborn JrCFO$116,777$116,777

Board Members and Trustees

NameTitle
Fran GayronChairperson
Linda S CornellPresident/CEO
Elizabeth MinassianVice Chairperson
Mary AntonelliDirector
Robert DitucciDirector
Rose CiampaDirector
ELLEN O'BRIENSecretary
Shipley MasonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$372,500
Program Service Revenue
$1,670,980
Investment Income
$445
Other Revenue
$0
All Other Contributions
$372,500
Change in Net Assets
$156,935

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,043,925
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,043,925
Total Revenue per Form 990
$2,043,925
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,195,549
Salaries, Compensation, and Employee Benefits$691,441
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$390,256$193,208-$583,464
Occupancy$264,602--$264,602
Depreciation Depletion$241,409--$241,409
Interest$188,396--$188,396
Fees for Services Management$85,778--$85,778
Other Employee Benefits$44,985$22,272-$67,257
Insurance$62,769--$62,769
Payroll Taxes$27,237$13,483-$40,720
Office Expenses-$24,150-$24,150
Other Expenses$23,610$29,782-$23,610
All Other Expenses-$15,334-$15,334
Fees for Services Accounting-$12,760-$12,760
Advertising-$9,012-$9,012
Fees for Services Legal-$5,273-$5,273
Total Functional Expenses$1,561,716$325,274$0$1,886,990

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,886,990
Total Expenses per Audited Statements$1,886,990
Total Expenses per Form 990$1,886,990
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$575,353
Accrued Interest$181,366
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The board of directors meets at a regularly scheduled board meeting and will review the 990 followed by a vote to approve.”

Form 990, Part VI, Section B, Line 12C

“All directors and officers are required to annually disclose any conflicts of interest. The transactions and activities of the organization are monitored on an ongoing basis by management, the board of directors and board appointed committees. Any conflicts that arise are dealt with according to the organization's detailed conflict of interest policies.”

Form 990, Part VI, Section B, Line 15

“The executive personnel committee meets annually to review comparable salaries and form 990's of similar organizations and submits this information ot the full board of directors for review and approval of executive compensation.”

Form 990, Part VI, Section C, Line 19

“The organization makes it's form 990, governing documents, conflict of interest policy, and financial statements available to the public upon request as well as various websites such as the massachusetts attorney general, "the foundation center and "guidestar".”

Filing and Contact Details

Filer

Filer Name
Visiting Nurse Communities Inc
EIN
47-1890512
Phone
6177769800
Address
259 LOWELL STREET, SOMERVILLE, MA 02144

Signing Officer

Name
Linda Cornell
Title
President/CEO
Phone
6177769800
Signed
2019-11-08

Organization Details

Principal Officer
Linda Cornell
Formed
2015
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Daniel Dennis & Company Llp
Address
990 WASHINGTON STREET STE 308A, DEDHAM, MA 02026
Preparer
Eric Mahoney
Phone
6172629898
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent auditor”

Financial Statement Notes

PART X, LINE 2:

“Vnci has evaluated the tax positions taken in its previously filed returns and those expected to be taken in its 2018 returns and believes they are more-likely-than-not of being sustained if examined by federal or state tax authorities. At december 31, 2018, vnci believes that it has no uncertain tax positions within any of its open tax returns.”

Raw XML AppendixShowing 400 of 573 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt073241
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt071548
IRS990/AccountsReceivableGrp/BOYAmt014887
IRS990/AccountsReceivableGrp/EOYAmt011614
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE AFFORDABLE ASSISTED LIVING SERVICES TO THOSE IN NEED INCLUDING BUT NOT LIMITED TO HOME HEALTH CARE, AFFORDABLE HOUSING AND SUPPORTIVE SERVICES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt09012
IRS990/AdvertisingGrp/TotalAmt09012
IRS990/AllOtherContributionsAmt0372500
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt015334
IRS990/AllOtherExpensesGrp/TotalAmt015334
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JACOB SAUERBORN CFO
IRS990/BooksInCareOfDetail/PhoneNum06177769800
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0259 LOWELL STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0SOMERVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002144
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt018762
IRS990/CashNonInterestBearingGrp/EOYAmt080053
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0372500
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0445
IRS990/CYOtherExpensesAmt01195549
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01670980
IRS990/CYRevenuesLessExpensesAmt0156935
IRS990/CYSalariesCompEmpBnftPaidAmt0691441
IRS990/CYTotalExpensesAmt01886990
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02043925
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0241409
IRS990/DepreciationDepletionGrp/TotalAmt0241409
IRS990/Desc0TO PROVIDE AFFORDABLE ASSISTED LIVING SERVICES
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01561716
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012760
IRS990/FeesForServicesAccountingGrp/TotalAmt012760
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05273
IRS990/FeesForServicesLegalGrp/TotalAmt05273
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt085778
IRS990/FeesForServicesManagementGrp/TotalAmt085778
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt276544
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt713083
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0FRAN GAYRON
IRS990/Form990PartVIISectionAGrp/PersonNm1ELIZABETH MINASSIAN
IRS990/Form990PartVIISectionAGrp/PersonNm2LINDA S CORNELL
IRS990/Form990PartVIISectionAGrp/PersonNm3ELLEN O'BRIEN
IRS990/Form990PartVIISectionAGrp/PersonNm4SHIPLEY MASON
IRS990/Form990PartVIISectionAGrp/PersonNm5MARY ANTONELLI
IRS990/Form990PartVIISectionAGrp/PersonNm6ROSE CIAMPA
IRS990/Form990PartVIISectionAGrp/PersonNm7JACOB H SAUERBORN JR
IRS990/Form990PartVIISectionAGrp/PersonNm8ROBERT DITUCCI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2225907
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7103694
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02043925
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt062769
IRS990/InsuranceGrp/TotalAmt062769
IRS990/InterestGrp/ProgramServicesAmt0188396
IRS990/InterestGrp/TotalAmt0188396
IRS990/InvestmentIncomeGrp/ExclusionAmt0445
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0445
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0620880
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08905320
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08715392
IRS990/LandBldgEquipCostOrOtherBssAmt09336272
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE AFFORDABLE ASSISTED LIVING SERVICES TO THOSE IN NEED INCLUDING BUT NOT LIMITED TO HOME HEALTH CARE, AFFORDABLE HOUSING AND SUPPORTIVE SERVICES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05000543
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04888524
IRS990/NetAssetsOrFundBalancesBOYAmt03255978
IRS990/NetAssetsOrFundBalancesEOYAmt03412913
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0264602
IRS990/OccupancyGrp/TotalAmt0264602
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt024150
IRS990/OfficeExpensesGrp/TotalAmt024150
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0303451
IRS990/OtherAssetsTotalGrp/EOYAmt0310508
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt022272
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt044985
IRS990/OtherEmployeeBenefitsGrp/TotalAmt067257
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1RESIDENT SERVICES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3REAL ESTATE TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt029782
IRS990/OtherExpensesGrp/ProgramServicesAmt0156638
IRS990/OtherExpensesGrp/ProgramServicesAmt176036
IRS990/OtherExpensesGrp/ProgramServicesAmt223610
IRS990/OtherExpensesGrp/TotalAmt0156638
IRS990/OtherExpensesGrp/TotalAmt176036
IRS990/OtherExpensesGrp/TotalAmt229782
IRS990/OtherExpensesGrp/TotalAmt323610
IRS990/OtherLiabilitiesGrp/BOYAmt0914679
IRS990/OtherLiabilitiesGrp/EOYAmt0756719
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0193208
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0390256
IRS990/OtherSalariesAndWagesGrp/TotalAmt0583464
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013483
IRS990/PayrollTaxesGrp/ProgramServicesAmt027237
IRS990/PayrollTaxesGrp/TotalAmt040720
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02021
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012137
IRS990/PrincipalOfficerNm0LINDA CORNELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1621610
IRS990/ProgramServiceRevenueGrp/BusinessCd2531120
IRS990/ProgramServiceRevenueGrp/BusinessCd3623990
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENT
IRS990/ProgramServiceRevenueGrp/Desc1RESIDENT SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2COMMERCIAL RENT
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0884477
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1703637
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt272000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt310866
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0884477
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1703637
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt272000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt310866
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0210000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0353
IRS990/PYOtherExpensesAmt01231754
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01605335
IRS990/PYRevenuesLessExpensesAmt029764
IRS990/PYSalariesCompEmpBnftPaidAmt0554170
IRS990/PYTotalExpensesAmt01785924
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01815688
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0156935
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01670980
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0372500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0210000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0582500
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0445
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0353
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0515
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01313
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01670980
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01605335
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01492758
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04769073
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0445
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0353
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0515
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01313
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt05351573
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02043480
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01815335
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01492758
IRS990ScheduleA/Total509Grp/TotalAmt05351573
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02043925
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01815688
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01493273
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05352886
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt06330214
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0494242
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06824456
IRS990ScheduleD/EquipmentGrp/BookValueAmt0435178
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0126638
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0561816
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01886990
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01950000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01950000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0575353
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1181366
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02043925
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0VNCI HAS EVALUATED THE TAX POSITIONS TAKEN IN ITS PREVIOUSLY FILED RETURNS AND THOSE EXPECTED TO BE TAKEN IN ITS 2018 RETURNS AND BELIEVES THEY ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED IF EXAMINED BY FEDERAL OR STATE TAX AUTHORITIES. AT DECEMBER 31, 2018, VNCI BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS WITHIN ANY OF ITS OPEN TAX RETURNS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08715392
IRS990ScheduleD/TotalExpensesPerForm990Amt01886990
IRS990ScheduleD/TotalLiabilityAmt0756719
IRS990ScheduleD/TotalRevenuePerForm990Amt02043925
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02043925
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01886990
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0225907
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt065000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt011544
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LINDA S CORNELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0302451
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE PERSONNEL COMMITTEE MEETS ANNUALLY TO REVIEW COMPARABLE SALARIES AND FORM 990'S OF SIMILAR ORGANIZATIONS AND SUBMITS THIS INFORMATION TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL OF EXECUTIVE COMPENSATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS MEETS AT A REGULARLY SCHEDULED BOARD MEETING AND WILL REVIEW THE 990 FOLLOWED BY A VOTE TO APPROVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DIRECTORS AND OFFICERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST. THE TRANSACTIONS AND ACTIVITIES OF THE ORGANIZATION ARE MONITORED ON AN ONGOING BASIS BY MANAGEMENT, THE BOARD OF DIRECTORS AND BOARD APPOINTED COMMITTEES. ANY CONFLICTS THAT ARISE ARE DEALT WITH ACCORDING TO THE ORGANIZATION'S DETAILED CONFLICT OF INTEREST POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE PERSONNEL COMMITTEE MEETS ANNUALLY TO REVIEW COMPARABLE SALARIES AND FORM 990'S OF SIMILAR ORGANIZATIONS AND SUBMITS THIS INFORMATION OT THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL OF EXECUTIVE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES IT'S FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AS WELL AS VARIOUS WEBSITES SUCH AS THE MASSACHUSETTS ATTORNEY GENERAL, "THE FOUNDATION CENTER AND "GUIDESTAR".
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0043385242
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0TO PROMOTE THE ACTIVITIES ASSOCIATED WITH CURRENT AND FUTURE ASSISTED LIVING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0VISITING NURSE ASSISTED LIVING INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0259 LOWELL STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0SOMERVILLE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd002144

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,129,704
Liabilities
$5,716,791
Net assets
$3,412,913
Revenue
$2,043,925
Expenses
$1,886,990
Net income
$156,935
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.58$4.87$3.70$1.81$1.64$0.17
2023Detailed filing. Detailed filing data is available for this year.$8.53$5.00$3.53$1.97$1.62$0.35
2022Detailed filing. Detailed filing data is available for this year.$8.32$5.15$3.18$1.93$1.98$0.05
2021Detailed filing. Detailed filing data is available for this year.$8.52$5.30$3.22$1.93$1.81$0.12
2020Detailed filing. Detailed filing data is available for this year.$8.69$5.59$3.10$1.82$1.72$0.10
2019Detailed filing. Detailed filing data is available for this year.$8.87$5.87$3.00$1.72$1.85$0.13
2018Detailed filing. Detailed filing data is available for this year.$9.13$5.72$3.41$2.04$1.89$0.16
2017Detailed filing. Detailed filing data is available for this year.$9.24$5.99$3.26$1.82$1.79$0.03
2016Detailed filing. Detailed filing data is available for this year.$9.12$5.89$3.23$1.49$1.40$0.10