2025-10-30T15:33:32-05:00 2024-12-31 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2024-01-01 042794849 VNA Care Network Foundation Inc VNAC 5087860693 67 Millbrook Street 500 North Worcester MA 01606 Stephen Gut Interim CEO/CFO 5087860693 2025-10-29 1 1 Joseph R Byrne P01289281 2077752387 2025-10-29 2024 2025-03-06 01:10:19Z Stephen Gut 67 Millbrook Street 500 North Worcester MA 01606 9197694 0 X www.vnacare.org X 1983 MA To raise funds, manage investments, and provide management services to Affiliates 14 12 10 12 0 0 1504151 1375843 7641849 7040253 686470 746963 -54679 -64371 9777791 9098688 1814057 1860307 0 0 3537570 3025577 0 0 31163 4474328 4060714 9825955 8946598 -48164 152090 69834321 71021570 31590725 31791589 38243596 39229981 VNA Care Network Foundation, Inc. primary exempt purpose is to raise and invest funds for the benefit of its affiliates to further their charitable activities of home health care services as well as to provide operating facilities and management services. 0 0 1860307 1860307 7040253 VNA Care Network Foundation, Inc. primary exempt purpose is to raise and invest funds for the benefit of its affiliates to further their charitable activities of Home Health Care Services as well as to provide operating facilities and management services. 1860307 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 13 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 12 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MA X Stephen Gut 5087860693 333 Turnpike Road Southborough MA 01772 Todd Rose President/CEO 35.00 5.00 X X 359688 0 45358 Stephen Gut CFO/Treasurer 35.00 5.00 X X 236276 0 29844 Smeeta Teckchandani Chair 0.50 2.50 X X 0 0 0 Renee L Harper First Vice Chair 0.50 2.50 X X 0 0 0 Katharine Bolland Eshghi Clerk 0.50 2.00 X X 0 0 0 Rita Advani Board Member 0.50 2.00 X 0 0 0 James Cosgrove Board Member 0.50 2.00 X 0 0 0 Jane Flagler Fogg MD Board Member 0.50 2.00 X 0 0 0 Linda Hope-Springer Board Member 0.50 2.50 X 0 0 0 Laura Lee MD Board Member 0.50 2.00 X 0 0 0 Michael E Morris Board Member 0.50 2.00 X 0 0 0 Deborah Morsi Board Member 0.50 2.50 X 0 0 0 Abhijeet Nadkarni Board Member 0.50 2.00 X 0 0 0 Rebeca C Perez Board Member 0.50 2.00 X 0 0 0 David Rose Chief People Officer 35.00 5.00 X 217364 0 4397 Jane Pike-Benton Past Chief Clinical Officer/COO 35.00 5.00 X 249931 0 23257 Aaron Langlois VP of Hospice & Palliative Care 40.00 0.00 X 174670 0 6556 Lisa McCrystal-Moulton CIO 40.00 0.00 X 212979 0 19018 Robin Seidman VP Org Excellence/CCO 40.00 0.00 X 198401 0 33170 Catherine Frasco Past VP of Home Health Operations 40.00 0.00 X 176679 0 29446 Jennifer Casper VP, Patient Access 40.00 0.00 X 162478 0 42082 1988466 0 233128 10 0 1 0 0 380964 994879 1375843 Management Fees 541610 4234248 4234248 Rental Income 532000 2806005 2806005 7040253 510889 510889 223074 13000 0 0 223074 13000 236074 236074 34635 380964 99006 -64371 -64371 9098688 7040253 0 682592 1860307 1860307 1166115 1166115 1088528 1088528 9122 9122 649648 649648 112164 112164 95098 95098 173760 173760 165148 165148 10408 10408 2476006 2476006 20983 20983 1456 1456 217847 217847 329998 329998 538847 538847 Fundraising expense 31163 31163 8946598 1860307 7055128 31163 X 235102 0 23686 20584 152213 46043 4821999 3367967 1777542 1454032 18671272 18429933 6931032 5809248 42043474 45261730 69834321 71021570 427749 492151 2500000 2500000 28662976 28799438 31590725 31791589 X 31813336 32296417 6430260 6933564 38243596 39229981 69834321 71021570 X 152090 762247 72048 X 0 1 X 1 0 X 1158157 1647771 1590240 1504151 1375843 7276162 1158157 1647771 1590240 1504151 1375843 7276162 604996 6671166 239175 415555 502101 488435 510889 2156155 376660 71413 448073 9880390 37647485 0.67520 0.62530 X 0.00000 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18473168 1401111 2089511 17784768 20261603 -1250316 538119 18473168 6289925 14400960 429282 20261603 6260290 29635 6289925 6260290 6260290 0.70619 0.29198 0.00183 0 0 2547341 1413924 1133417 175288 166969 8319 2099370 1787074 312296 1454032 Due from Affiliates 43949772 Security Deposits 248918 Beneficial Interest in Perpetual Trust 1063040 45261730 Lease Liability 6386766 Due to Affiliates 22358466 Cash Overdraft 54206 28799438 X Part V, Line 4: The intended use of the endowment is to support the operations of the organization and affiliates, as needed. Part X, Line 2: The Association consists of public charities under Section 501(c)(3) of the Internal Revenue Code (IRC). As public charities, the Association is exempt from state and federal income taxes on income earned in accordance with its tax-exempt purpose. Unrelated business income is subject to state and federal income tax. Management has evaluated the Association's tax positions and concluded that there is no unrelated business income or uncertain tax positions that require adjustment to the consolidated financial statements. Gala Event 205428 198450 6978 41405 2950 28967 Walk/Run 83289 62148 21141 8517 2 126882 120366 6516 2900 8878 2000 3389 415599 380964 34635 2900 50283 4950 40873 99006 -64371 1 Visiting Nurse Association of Boston Inc 67 Millbrook Street 500 North Worcester MA 01606 042105800 501(c)(3) 313284 0 General Support VNA Care Network Inc 67 Millbrook Street 500 North Worcester MA 01606 042103825 501(c)(3) 750990 0 General Support VNA Care Hospice Inc 67 Millbrook Street 500 North Worcester MA 01606 043217872 501(c)(3) 796033 0 General Support 3 0 Part I, Line 2: The Organization transfers funds to its affiliated organizations reported on Schedule R. Additional monitoring is not deemed necessary. X X X 0 0 0 0 0 0 0 0 0 Todd Rose President/CEO 359688 0 0 0 0 0 7461 0 37897 0 405046 0 0 0 Jane Pike-Benton Past Chief Clinical Officer/COO 227699 0 0 0 22232 0 4579 0 18678 0 273188 0 0 0 Stephen Gut CFO/Treasurer 236276 0 0 0 0 0 4938 0 24906 0 266120 0 0 0 Lisa McCrystal-Moulton CIO 212979 0 0 0 0 0 3065 0 15953 0 231997 0 0 0 Robin Seidman VP Org Excellence/CCO 198401 0 0 0 0 0 0 0 33170 0 231571 0 0 0 David Rose Chief People Officer 217364 0 0 0 0 0 3640 0 757 0 221761 0 0 0 Catherine Frasco Past VP of Home Health Operations 176679 0 0 0 0 0 3759 0 25687 0 206125 0 0 0 Jennifer Casper VP, Patient Access 162478 0 0 0 0 0 3157 0 38925 0 204560 0 0 0 Aaron Langlois VP of Hospice & Palliative Care 174670 0 0 0 0 0 899 0 5657 0 181226 0 0 0 Form 990, Part VI, Section B, line 11b The Form 990 is prepared by the independent accountants and reviewed by the CEO and CFO and sent to the Finance Committee for review. The Finance Committee presents the Form 990 to the board for approval. Form 990, Part VI, Section B, line 12c Annually, the board is asked to sign a conflict of interest statement. Also, at the beginning of all board meetings the Board Chair asks if there is any conflicts with any of the agenda items. Form 990, Part VI, Section B, line 15 The Executive Compensation Committee is made up of independent board members. The committee obtains a competitive salary survey from an outside independent source. The Executive Compensation Committee then deliberates and decides on the executive compensation. Other officers and key employees salaries are determined by the CEO and the Executive Compensation Committee based on comparable data that was obtained by a competitive salary survey from an outside independent source. Form 990, Part VI, Section C, line 19 Consolidated financial statements of VNA Care Foundation and Affiliates is attached to the MA Form PC filed with the Attorney General's Office, which is open to public inspection. The Articles of Organization are available at the Massachusetts Secretary of State's Office, including on-line. Other governing documents and the conflicts of interest policy are not generally available to the public. Requests for copies of such documents are considered on a case by case basis. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: VNA Care Network Foundation, Inc. 67 Millbrook Street, 500 North Worcester, MA 01606 EIN: 04-2794849 VNA Care Network Foundation, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Change in Beneficial Interest in Perpetual Trust 72,048. VNA Care Network Inc 67 Millbrook Street 500 North Worcester MA 01606 042103825 Home Health Care Services MA 501(c)(3) Line 10 VNA Care Network Foundation Inc 1 VNA Care Hospice Inc 67 Millbrook Street 500 North Worcester MA 01606 043217872 Hospice and Palliative Care Services MA 501(c)(3) Line 10 VNA Care Network Foundation Inc 1 VNA Care Advantage Inc 67 Millbrook Street 500 North Worcester MA 01606 042953171 Private Duty Nursing Services MA 501(c)(3) Line 10 VNA Care Network Foundation Inc 1 Visiting Nurse Association of Boston Inc 67 Millbrook Street 500 North Worcester MA 01606 042105800 Home Health Care Services MA 501(c)(3) Line 10 VNA Care Network Foundation Inc 1 VNA Care Management Resources Inc 67 Millbrook Street 500 North Worcester MA 01606 042880108 Administrative and Management Services MA 501(c)(3) Line 12a, I VNA Care Network Foundation Inc 1 0 1 0 1 1 0 0 0 0 1 0 1 0 1 1 0 0 0 0 VNA Care Network Inc B 750990 FMV VNA Care Hospice Inc B 796033 FMV Visiting Nurse Association of Boston Inc B 313284 FMV VNA Care Network Inc D 19838605 FMV Visiting Nurse Association of Boston Inc D 5850569 FMV VNA Care Management Resources Inc D 18260598 FMV VNA Care Hospice Inc E 21751983 FMV VNA Care Advantage Inc E 606483 FMV VNA Care Hospice Inc J 61094 FMV VNA Care Network Inc J 1398799 FMV Visiting Nurse Association of Boston Inc J 1304676 FMV VNA Care Network Inc L 2819962 FMV VNA Care Hospice Inc L 791532 FMV Visiting Nurse Association of Boston Inc L 667118 FMV