Form 990 for tax year 2022
Filed by VILLAGE SENIOR SERVICES CORPORATION.
Totals
- Total revenue
- $1,018,986,452
- Total expenses
- $988,044,499
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $1,018,630,441
- Investment income
- $356,011
- Other revenue
- $0
- Total assets, end of year
- $329,821,096
- Total liabilities, end of year
- $184,528,386
- Net assets or fund balances, end of year
- $145,292,710
- Program services expenses (Part IX)
- $924,748,034
- Management and general expenses
- $63,296,465
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $924,748,034
Program services were 93.6% 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.
-
2a · Program service revenue: PREMIUM REVENUES
total $1,018,630,441 · related or exempt $1,018,630,441
-
3 · Investment income
total $1,608,855 · excluded $1,608,855
-
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 $41,164,045
-
7b · Less cost or other basis and sales expenses
securities $42,416,889
-
7c · Gain or loss
securities -$1,252,844
-
7d · Net gain or loss
total -$1,252,844 · excluded -$1,252,844
-
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
-
11e · Other revenue, total
$0
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 $998,706 · program services $761,384 · management and general $237,322
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $50,484,126 · program services $38,487,592 · management and general $11,996,534
-
8 · Pension plan contributions
total $1,909,893 · program services $1,456,045 · management and general $453,848
-
9 · Other employee benefits
total $6,394,049 · program services $4,874,632 · management and general $1,519,417
-
10 · Payroll taxes
total $3,767,796 · program services $2,872,455 · management and general $895,341
-
11a · Fees: management
total $36,183,667 · management and general $36,183,667
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $124,800 · management and general $124,800
-
11d · Fees: lobbying
total $54,827 · management and general $54,827
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $137,096 · management and general $137,096
-
11g · Fees: other
total $873,803,026 · program services $871,384,017 · management and general $2,419,009
-
12 · Advertising and promotion
total $2,429,148 · program services $258,781 · management and general $2,170,367
-
13 · Office expenses
total $3,541,741 · program services $1,874,346 · management and general $1,667,395
-
14 · Information technology
total $2,182,244 · program services $2,218 · management and general $2,180,026
-
15 · Royalties
total $0
-
16 · Occupancy
total $238,154 · program services $71,276 · management and general $166,878
-
17 · Travel
total $84,137 · program services $12,651 · management and general $71,486
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $32,547 · program services $5,686 · management and general $26,861
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $632,058 · program services $19,220 · management and general $612,838
-
23 · Insurance
total $1,240,572 · program services $216,745 · management and general $1,023,827
-
24a · Other expenses: ASSESSMENTS
total $3,701,700 · program services $2,432,779 · management and general $1,268,921
-
24b · Other expenses: MISCELLANEOUS
total $104,212 · program services $18,207 · management and general $86,005
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $191,425,178 · end of year $163,523,458
-
2 · Savings and temporary cash investments
beginning of year $143,482 · end of year $9,892,924
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $13,144,979 · end of year $18,055,572
-
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 $1,341,400 · end of year $1,270,259
-
10a · Land, buildings and equipment: cost or other basis
$3,965,718
-
10b · Land, buildings and equipment: accumulated depreciation
$1,937,757
-
10c · Land, buildings and equipment, net
beginning of year $1,392,717 · end of year $2,027,961
-
11 · Investments: publicly traded securities
beginning of year $25,367,588 · end of year $63,323,393
-
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 $0 · end of year $0
-
15 · Other assets
beginning of year $69,019,039 · end of year $71,727,529
-
17 · Accounts payable and accrued expenses
beginning of year $9,076,749 · end of year $12,692,642
-
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 $175,652,303 · end of year $171,835,744
-
27 · Net assets without donor restrictions
beginning of year $117,105,331 · end of year $145,292,710
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
VILLAGE SENIOR SERVICES CORPORATION (VSSC) OPERATES A MEDICAID MANAGED LONG-TERM CARE PLAN AND OTHER INSURANCE PLANS THAT COORDINATE HEALTH CARE SERVICES FOR CHRONICALLY ILL ADULTS WHO WISH TO CONTINUE TO STAY AT HOME AND IN THEIR COMMUNITIES FOR AS LONG AS POSSIBLE. IT WORKS CLOSELY WITH MEMBERS' DOCTORS TO HELP SET UP APPOINTMENTS, ARRANGE CARE, MONITOR MEDICATIONS AND PROVIDE GUIDANCE TOWARD THE BEST QUALITY HEALTH CARE OPTIONS AVAILABLE.
Activities or mission (Part I)
THE PLAN COVERS A WIDE RANGE OF LONG Term CARE AND MEDICARE SERVICES, INCLUDING A DEDICATED CARE TEAM, AND has MANAGED TO MAINTAIN OVER 19,000 MEMBERSHIPS DURING 2022.
-
VSSC OPERATES A PARTIALLY CAPITATED MEDICAID MANAGED LONG-TERM CARE PROGRAM (MLTCP) PLAN, A DUAL ELIGIBLE SPECIAL NEEDS PLAN (DSNP), AND A MEDICAID ADVANTAGE PLUS (MAP) PLAN. THE MLTCP PLAN COVERS A WIDE RANGE OF LONG TERM CARE SERVICES INCLUDING A DEDICATED CARE TEAM. THE VOLUME OF MEMBERSHIPS HAS INCREASED TO OVER 19,000 IN 2022.
Expenses $924,748,034 · Revenue $1,018,630,441
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Emma DevitoEMMA DEVITO
PRESIDENT AND CEO
- Total calculated
- $1,303,885
- From this org
- $0
- From related orgs
- $1,226,152
- Other
- $77,733
- Hours/week
- 22.75 + 12.25 related
Schedule J breakdown matched by us
- Base
- $0 + $999,141 related
- Bonus
- $0 + $192,734 related
- Other
- $0 + $34,277 related
- Deferred
- $0 + $57,100 related
- Nontaxable benefits
- $0 + $20,633 related
- Filer's total
- $0 + $1,303,885 related
-
Jill MoscowitzJILL MOSCOWITZ
CHIEF LEGAL OFFICER
- Total calculated
- $701,848
- From this org
- $0
- From related orgs
- $624,115
- Other
- $77,733
- Hours/week
- 18.25 + 16.75 related
Schedule J breakdown matched by us
- Base
- $0 + $521,909 related
- Bonus
- $0 + $69,750 related
- Other
- $0 + $32,456 related
- Deferred
- $0 + $57,100 related
- Nontaxable benefits
- $0 + $20,633 related
- Filer's total
- $0 + $701,848 related
-
Lisa GarayLISA GARAY
EVP OF CLINICAL STRATEGY & OPS
- Total calculated
- $662,890
- From this org
- $581,435
- From related orgs
- $0
- Other
- $81,455
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $500,718
- Bonus
- $54,057
- Other
- $26,660
- Deferred
- $56,427
- Nontaxable benefits
- $25,028
- Filer's total
- $662,890
-
Debra TiradoDEBRA TIRADO
CFO
- Total calculated
- $601,743
- From this org
- $0
- From related orgs
- $557,781
- Other
- $43,962
- Hours/week
- 22.75 + 12.25 related
Schedule J breakdown matched by us
- Base
- $0 + $493,391 related
- Bonus
- $0 + $62,775 related
- Other
- $0 + $1,615 related
- Deferred
- $0 + $36,600 related
- Nontaxable benefits
- $0 + $7,362 related
- Filer's total
- $0 + $601,743 related
-
Xin LiuXIN LIU
NURSE ASSESSOR
- Total calculated
- $376,425
- From this org
- $376,425
- From related orgs
- $0
- Other
- $0
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $376,425
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $376,425
-
Vanessa FernandezVANESSA FERNANDEZ
VP OF MEMBER EXP. AND SUP. SVC
- Total calculated
- $335,816
- From this org
- $293,947
- From related orgs
- $0
- Other
- $41,869
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $269,986
- Bonus
- $23,064
- Other
- $897
- Deferred
- $21,236
- Nontaxable benefits
- $20,633
- Filer's total
- $335,816
-
Steven ArnoldSTEVEN ARNOLD
SENIOR MEDICAL DIRECTOR
- Total calculated
- $322,615
- From this org
- $307,022
- From related orgs
- $0
- Other
- $15,593
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $286,680
- Bonus
- $17,561
- Other
- $2,781
- Deferred
- $15,243
- Nontaxable benefits
- $350
- Filer's total
- $322,615
-
Janice Leacock-BennettJANICE LEACOCK-BENNETT
VP OF CLINICAL OPERATIONS
- Total calculated
- $315,662
- From this org
- $271,780
- From related orgs
- $0
- Other
- $43,882
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $253,580
- Bonus
- $17,659
- Other
- $541
- Deferred
- $19,511
- Nontaxable benefits
- $24,371
- Filer's total
- $315,662
-
Xiaohong DongXIAOHONG DONG
AVP BUSINESS DEVELOPMENT
- Total calculated
- $284,956
- From this org
- $271,428
- From related orgs
- $0
- Other
- $13,528
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $255,396
- Bonus
- $15,000
- Other
- $1,032
- Deferred
- $13,528
- Nontaxable benefits
- $0
- Filer's total
- $284,956
-
Anibal VazquezANIBAL VAZQUEZ
AVP OF SALES OPERATIONS
- Total calculated
- $254,279
- From this org
- $228,696
- From related orgs
- $0
- Other
- $25,583
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $219,592
- Bonus
- $8,552
- Other
- $552
- Deferred
- $4,950
- Nontaxable benefits
- $20,633
- Filer's total
- $254,279
-
John W BehreJOHN W BEHRE
CHAIR
- Total calculated
- $0
- Hours/week
- 0.6 + 0.32 related
-
Judy ChoiJUDY CHOI
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.48 + 0.26 related
-
Mary CaracappaMARY CARACAPPA
TREASURER
- Total calculated
- $0
- Hours/week
- 0.48 + 0.26 related
-
Eleanor S ApplewhaiteELEANOR S APPLEWHAITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1 + 0.05 related
-
Lynne P BrownLYNNE P BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.03 + 0.01 related
-
Elizabeth ButsonELIZABETH BUTSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1 + 0.05 related
-
David H SidwellDAVID H SIDWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.26 + 0.14 related
-
Daniel M FoxDANIEL M FOX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1 + 0.14 related
-
Gail DonovanGAIL DONOVAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.36 + 0.2 related
-
Ruth LevinRUTH LEVIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.19 + 0.1 related
-
James J GardinerJAMES J GARDINER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.08 + 0.04 related
-
James R KnickmanJAMES R KNICKMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.06 + 0.03 related
-
Lynn LawLYNN LAW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1 + 0.05 related
-
Glenna R MichaelsGLENNA R MICHAELS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23 + 0.12 related
-
Leroy SharerLEROY SHARER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1 + 0.05 related
-
Judith SmithJUDITH SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1 + 0.05 related
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
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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)
- SCHEDULE J, PART I, LINE 7
- THE BONSUSES LISTED IN PART II, COLUMN B(II) ARE performance based and are DETERMINED AND APPROVED BY the BOARD.
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.
-
501(C)(3) · MANAGEMENT · NY
Directly controlled by NA
-
501(C)(3) · NH FACILITY · NY
Directly controlled by VCNY
-
VILLAGE HOUSING DEVELOPMENT FUND CORP
501(C)(3) · SEN. HOUSING · NY
Directly controlled by VCNY
-
501(C)(3) · FUNDRAISING · NY
Directly controlled by VCNY
-
501 (C)(3) · INACTIVE · NY
Directly controlled by VCNY
-
501(C)(3) · H.CARE SVCS · NY
Directly controlled by VCNY
-
VILLAGE DIAGNOSTICS AND TREATMENT
501(C)(3) · INACTIVE · NY
Directly controlled by NA
-
VILLAGE HOME AND COMMUNITY SERVICES
INACTIVE · NY
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 corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
VILLAGE CARE HOLDING
C CORP. · HOLDING COMPANY · NY
Directly controlled by VCNY
-
VILLAGE CARE PLUS
C CORP. · HEALTH CARE · NY
Directly controlled by VCNY
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 25 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303199349313170
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