Totals
- Total revenue
- $2,337,109,744
- Total expenses
- $2,241,630,575
- Contributions and grants received
- $442,616
- Grants paid
- $0
- Program service revenue
- $2,329,191,203
- Investment income
- $7,346,531
- Other revenue
- $129,394
- Total assets, end of year
- $735,944,441
- Total liabilities, end of year
- $351,573,009
- Net assets or fund balances, end of year
- $384,371,432
- Program services expenses (Part IX)
- $2,051,838,526
- Management and general expenses
- $189,792,049
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,051,838,526
Program services were 91.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$442,616
-
2a · Program service revenue: PROGRAM SERVICE REVENUE
total $2,329,191,203 · related or exempt $2,329,191,203
-
3 · Investment income
total $12,956,408 · unrelated business $0 · excluded $12,956,408
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $678,593,826
-
7b · Less cost or other basis and sales expenses
securities $684,203,703
-
7c · Gain or loss
securities -$5,609,877
-
7d · Net gain or loss
total -$5,609,877 · excluded -$5,609,877
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: MISCELLANEOUS INCOME
total $129,394 · excluded $129,394
-
11e · Other revenue, total
$129,394
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $753,046 · program services $170,750 · management and general $582,296
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $19,069,773 · program services $4,325,947 · management and general $14,743,826
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $2,018,499 · program services $448,999 · management and general $1,569,500
-
10 · Payroll taxes
total $1,335,682 · program services $299,607 · management and general $1,036,075
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $556,479 · management and general $556,479
-
11g · Fees: other
total $2,085,531,150 · program services $2,023,140,373 · management and general $62,390,777 · fundraising $0
-
12 · Advertising and promotion
total $1,853,346 · management and general $1,853,346
-
13 · Office expenses
total $1,433,707 · management and general $1,433,707
-
14 · Information technology
total $1,868,561 · management and general $1,868,561
-
15 · Royalties
total $0
-
16 · Occupancy
total $9,759,310 · management and general $9,759,310
-
17 · Travel
total $327,003 · management and general $327,003
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $140,681 · management and general $140,681
-
20 · Interest
total $7,494,722 · program services $841,944 · management and general $6,652,778
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $1,558,204 · program services $1,558,204
-
23 · Insurance
total $2,080,683 · management and general $2,080,683
-
24a · Other expenses: SHARED SERVICES
total $83,454,519 · management and general $83,454,519
-
24b · Other expenses: MEDICAL SUPPLIES
total $21,052,702 · program services $21,052,702
-
24c · Other expenses: OTHER EXPENSES
total $1,342,508 · management and general $1,342,508
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $11,450,717 · end of year $14,018,761
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $115,603,588 · end of year $159,847,475
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $22,615,716 · end of year $29,783,632
-
10a · Land, buildings and equipment: cost or other basis
$26,193,261
-
10b · Land, buildings and equipment: accumulated depreciation
$20,394,714
-
10c · Land, buildings and equipment, net
beginning of year $6,629,299 · end of year $5,798,547
-
11 · Investments: publicly traded securities
beginning of year $505,435,085 · end of year $415,674,915
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $3,250,000 · end of year $3,250,000
-
15 · Other assets
beginning of year $88,089,585 · end of year $107,571,111
-
17 · Accounts payable and accrued expenses
beginning of year $34,113,098 · end of year $27,860,376
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $455,498,698 · end of year $323,712,633
-
27 · Net assets without donor restrictions
beginning of year $263,462,194 · end of year $384,371,432
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2023
Mission
TO HELP MEMBERS CONTINUE TO LIVE INDEPENDENTLY IN THEIR OWN HOME AND COMMUNITIES FOR AS LONG AS POSSIBLE THROUGH PROACTIVE SUPPORT OF BOTH PREVENTATIVE AND EMERGENT CARE NEEDS. PLEASE REFER TO SCHEDULE O FOR ADDITIONAL INFORMATION.
Activities or mission (Part I)
TO HELP MEMBERS CONTINUE TO LIVE INDEPENDENTLY IN THEIR OWN HOMES AND COMMUNITIES. PLEASE REFER TO CORE FORM, PART III & SCHEDULE O FOR ADDITIONAL INFORMATION.
-
VNS HEALTH MLTC: This program provides an array of home, community, and facility-based long-term care services to eligible enrollees. MLTC Plus program provides both Medicare and Medicaid benefits to the eligible enrollees.
Expenses $1,869,817,422 · Revenue $2,129,828,339
-
SELECTHEALTH FROM VNS HEALTH: THIS PROGRAM SERVES THEMEDICAID HIV SPECIAL NEEDS POPULATION. THIS HIGH NEEDS HIGH ACUITY POPULATION INCLUDES HOMELESS AND TRANSGENDER AS WELL. FOR THE LAST THREE CONSECUTIVE YEARS, SELECTHEALTH HAS HAD THE HIGHEST VIRAL LOAD SUPPRESSION RATE FOR THE HIV POSITIVE MEMBERSHIP AND CONTINUES TO PARTNER AS A RECIPIENT OF THE ENDING THE EPIDEMIC GRANT. PLEASE REFER TO SCHEDULE O FOR ADDITIONAL INFORMATION.
Expenses $109,724,259 · Revenue $134,012,258
-
VNS HEALTH EASYCARE PLUS IS A D-SNP DESIGNED TO OFFER FOCUSED CARE MANAGEMENT TO INDIVIDUALS THAT HAVE BOTH MEDICARE AND MEDICAID. VNS HEALTH EASYCARE IS AN HMO MEDICARE ADVANTAGE PRESCRIPTION DRUG (MAPD) PLAN DESIGNED TO MAKE MEDICAL CARE MORE AFFORDABLE. THE PLAN PROVIDES BOTH PART A & PART B COVERAGE TO ENROLLEES WHO ARE ELIGIBLE FOR MEDICARE BENEFITS.
Expenses $72,296,845 · Revenue $65,350,606
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
DANIEL SAVITT
DIRECTOR;EX-OFFICIO - CEO/PRES
- Total calculated
- $2,140,459
- From this org
- $0
- From related orgs
- $2,003,708
- Other
- $136,751
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $0 + $1,346,113 related
- Bonus
- $0 + $445,578 related
- Other
- $0 + $212,017 related
- Deferred
- $0 + $49,793 related
- Nontaxable benefits
- $0 + $86,958 related
- Filer's total
- $0 + $2,140,459 related
-
KEITH PATTERSON
EVP & CFO
- Total calculated
- $838,132
- From this org
- $0
- From related orgs
- $782,883
- Other
- $55,249
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $0 + $568,903 related
- Bonus
- $0 + $127,500 related
- Other
- $0 + $86,480 related
- Deferred
- $0 + $20,831 related
- Nontaxable benefits
- $0 + $34,418 related
- Filer's total
- $0 + $838,132 related
-
HANY ABDELAAL DO
PRES, VHHP (TERM 6/2023)
- Total calculated
- $753,046
- From this org
- $724,380
- From related orgs
- $0
- Other
- $28,666
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $340,087
- Bonus
- $147,000
- Other
- $237,293
- Deferred
- $4,950
- Nontaxable benefits
- $23,716
- Filer's total
- $753,046
-
JAY DOBKIN MD
CMO, HEALTH PLANS
- Total calculated
- $392,679
- From this org
- $344,731
- From related orgs
- $0
- Other
- $47,948
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $283,797
- Bonus
- $37,198
- Other
- $23,736
- Deferred
- $9,681
- Nontaxable benefits
- $38,267
- Filer's total
- $392,679
-
DAVID ROBINSON
VP, SALES & PARTNERSHIP DEV.
- Total calculated
- $373,111
- From this org
- $319,065
- From related orgs
- $0
- Other
- $54,046
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $257,227
- Bonus
- $39,200
- Other
- $22,638
- Deferred
- $8,801
- Nontaxable benefits
- $45,245
- Filer's total
- $373,111
-
JAMES BIEBEL
VP, PROVIDER NTWK CONTRACTING
- Total calculated
- $330,480
- From this org
- $287,106
- From related orgs
- $0
- Other
- $43,374
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $248,663
- Bonus
- $29,344
- Other
- $9,099
- Deferred
- $8,227
- Nontaxable benefits
- $35,147
- Filer's total
- $330,480
-
Michael Tricomi
VP of Product Management
- Total calculated
- $320,439
- From this org
- $261,182
- From related orgs
- $0
- Other
- $59,257
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $231,399
- Bonus
- $28,800
- Other
- $983
- Deferred
- $7,071
- Nontaxable benefits
- $52,186
- Filer's total
- $320,439
-
TOBIAS GERMOSO
AVP, PARTNERSHIP DEVELOPMENT
- Total calculated
- $302,320
- From this org
- $251,515
- From related orgs
- $0
- Other
- $50,805
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $215,020
- Bonus
- $31,229
- Other
- $5,266
- Deferred
- $6,288
- Nontaxable benefits
- $44,517
- Filer's total
- $302,320
-
PETER L HUTCHINGS
CHAIR - DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARY R NINA HENDERSON
VICE CHAIR/SEC. - DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William Mike Allen
Director
- Total calculated
- $0
- Hours/week
- 1
-
Robert C Daum
Director
- Total calculated
- $0
- Hours/week
- 1
-
Darren Fogel
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joseph D Mark
Director
- Total calculated
- $0
- Hours/week
- 1
-
PHYLLIS J MILLS BSN RN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carol Raphael
Director
- Total calculated
- $0
- Hours/week
- 1
-
ANDREW N SCHIFF MD
DIRECTOR; EX-OFFICIO
- Total calculated
- $0
- Hours/week
- 1
-
Edward Torres
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mark Godfrey
Director (Term 9/2023)
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- CORE FORM, PART VII AND SCHEDULE J
- TAXABLE COMPENSATION REPORTED HEREIN IS DERIVED FROM 2023 FORMS W-2.
- SCHEDULE J, PART I; QUESTION 3
- CERTAIN OFFICERS ARE COMPENSATED FOR SERVICES PROVIDED TO VNS CHOICE D/B/A VNS HEALTH HEALTH PLANS ("VNS HEALTH HEALTH PLANS"). THE COMPENSATION POLICIES ADOPTED FROM VISITING NURSE SERVICE OF NEW YORK D/B/A VNS HEALTH ("VNS HEALTH"); A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION, ARE SUBJECT TO OVERSIGHT AND REVIEW. PLEASE REFER TO THE CORE FORM, PART VI, SECTION B; QUESTION 15 NARRATIVE INCLUDED WITHIN SCHEDULE O FOR ADDITIONAL INFORMATION.
- SCHEDULE J, PART I; QUESTION 4B
- THE AMOUNT REFLECTED IN SCHEDULE J, PART II, COLUMN B(III) FOR THE FOLLOWING INDIVIDUALS INCLUDES CURRENT YEAR VESTING IN AN INTERNAL REVENUE CODE SECTION 457(F) PLAN (NON-QUALIFIED DEFERRED COMPENSATION PLAN) AS THE AMOUNTS WERE NO LONGER SUBJECT TO A SUBSTANTIAL RISK OF COMPLETE FORFEITURE. THE AMOUNTS OUTLINED HEREIN WERE INCLUDED IN EACH INDIVIDUAL'S 2023 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES: DANIEL SAVITT, $189,739; KEITH PATTERSON, $63,920 AND HANY ABDELAAL, D.O., $125,872. THE DEFERRED COMPENSATION AMOUNT REFLECTED IN SCHEDULE J, PART II, COLUMN C FOR THE FOLLOWING INDIVIDUALS INCLUDES UNVESTED BENEFITS IN A LONG-TERM INCENTIVE PLAN, WHICH ARE SUBJECT TO A SUBSTANTIAL RISK OF COMPLETE FORFEITURE. ACCORDINGLY, THE INDIVIDUALS MAY NEVER ACTUALLY RECEIVE THIS UNVESTED BENEFIT AMOUNT. THE AMOUNT OUTLINED HEREIN WAS NOT INCLUDED IN EACH INDIVIDUAL'S 2023 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES: DANIEL SAVITT, $44,843; KEITH PATTERSON, $15,881; JAY DOBKIN, M.D., $5,115; DAVID ROBINSON, $4,620, JAMES BIEBEL, $4,035; MICHAEL TRICOMI, $3,960 AND TOBIAS GERMOSO, $3,681.
- SCHEDULE J, PART I; QUESTION 7
- CERTAIN INDIVIDUALS INCLUDED IN SCHEDULE J, PART II RECEIVED A BONUS DURING CALENDAR YEAR 2023 WHICH AMOUNTS WERE INCLUDED IN SCHEDULE J, PART II, COLUMN B(II) HEREIN AND IN EACH INDIVIDUAL'S 2023 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES. EMPLOYEE BONUSES ARE NON-FIXED PAYMENTS BASED UPON PERFORMANCE. PLEASE REFER TO THIS SECTION OF THE FORM 990, SCHEDULE J FOR THIS INFORMATION BY PERSON BY AMOUNT.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
VISITING NURSE SERVICE OF NEW YORK
501(C)(3) · HEALTH SVCS. · NY
Directly controlled by NA
-
VISITING NURSE SVC OF NY HOME CARE II
501(C)(3) · HEALTH SVCS. · NY · controlled entity
Directly controlled by VNSNY
-
VNS CONTINUING CARE DEVELOPMENT CORP
501(C)(3) · HEALTH SVCS. · NY · controlled entity
Directly controlled by VNSNY
-
501(C)(3) · HEALTH SVCS. · NY · controlled entity
Directly controlled by VNS CHOICE
-
501(C)(3) · HEALTH SVCS. · NY · controlled entity
Directly controlled by VNSNY
-
501(C)(3) · HEALTH SVCS. · NY · controlled entity
Directly controlled by VNSNY
-
501(C)(3) · HEALTH SVCS. · NY · controlled entity
Directly controlled by VNSNY
-
VNS HEALTH BEHAVIORAL HEALTH INC
501(C)(3) · HEALTH SVCS. · NY · controlled entity
Directly controlled by VNSNY
-
501(C)(3) · INACTIVE · NY · controlled entity
Directly controlled by VNSNY
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
HEALTH MGMT. · NY
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C CORP. · HEALTH SVCS. · NY
Directly controlled by NA
-
C CORP. · HOLDING COMPANY · NY · 0% owned · share of income $0 · share of assets $0 · controlled entity
Directly controlled by VNSNY
-
C CORP. · HEALTH SVCS. · NY · 0% owned · share of income $0 · share of assets $0 · controlled entity
Directly controlled by VNSNY
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422929349301752
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