Village Senior Services Corporation
94% goes to programs $0 to raise $100 Growing revenue
Village Senior Services Corporation is a 501(c)(3) organization based in New York, New York, registered in 2014, with $1,749,873,219 in FY2024 revenue. CharityIndex grades it B+, and it directs about 94% of spending to programs.
120 Broadway Ste 2840, New York, NY, 10271 EIN 26-2006545 Since 2014
Revenue (FY2024)
$1.7B
▲ 38.8% vs prior year
Health median: $840K
Expenses (FY2024)
$1.8B
Net assets
$171.9M
Employees
1,160
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating94% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Village Senior Services Corporation: 94% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Village Senior Services Corporation: 1 mo reserves · -0% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Village Senior Services Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Village Senior Services Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See schedule o
Contact & location
- Address
- 120 Broadway Ste 2840, New York, NY, 10271
- City
- New York
- State
- New York
- Category
- Health Care
- Subcategory
- Health Care Financing
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $88.7M (FY2013) to $1.7B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $252.0MNet assets $171.9M
Operating margin
-0.3%
Spent more than it raised in the latest fiscal year.
Total assets
$424.0M
Total liabilities
$252.0M
Net assets
$171.9M
Salaries & benefits
$104.7M
6% of expenses
Board members
14
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,749,873,219▲38.8% | $1,755,590,217▲42.5% | $171,931,916▼3.7% | $423,956,884▲21.7% | 990 |
| 2023 | $1,261,011,773▲23.8% | $1,231,587,338▲24.6% | $178,618,989▲22.9% | $348,267,318▲5.6% | 990 |
| 2022 | $1,018,986,452▲10.5% | $988,044,499▲14.2% | $145,292,710▲24.1% | $329,821,096▲9.3% | 990 |
| 2021 | $921,915,427▲8.8% | $865,211,935▲3.8% | $117,105,331▲88.0% | $301,834,383▲31.3% | 990 |
| 2020 | $847,125,598▲6.2% | $833,230,668▲4.1% | $62,299,768▲29.4% | $229,918,797▲77.1% | 990 |
| 2019 | $797,314,262▲31.3% | $800,725,911▲33.9% | $48,129,531▼4.7% | $129,842,961 | 990 |
| 2018 | $607,032,171▲42.0% | $598,118,459▲43.2% | $50,528,114▲23.0% | $129,902,803▲18.7% | 990 |
| 2017 | $427,363,335▲42.1% | $417,780,498▲43.0% | $41,083,759▲7.2% | $109,438,367▲42.0% | 990 |
| 2016 | $300,739,665▲52.0% | $292,090,114▲58.8% | $38,322,303▲26.7% | $77,083,327▲39.5% | 990 |
| 2015 | $197,872,718▲41.6% | $183,959,122▲36.2% | $30,238,994▲83.8% | $55,262,410▲26.2% | 990 |
| 2014 | $139,714,921▲57.4% | $135,023,454▲67.0% | $16,455,763▲39.3% | $43,802,223▲70.6% | 990 |
| 2013 | $88,749,353 | $80,838,880 | $11,816,857 | $25,670,764 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Vanessa Fernandez — $494,515 (0.03% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Vanessa Fernandez | Svp of Business Development & Health Plan Ops | 35 | $494,515 |
| Lisa Garay | Chief Operating Officer (through 6/2024) | 35 | $459,831 |
| Chiung Ying Tsao | Medicare Benefit Advisor | 35 | $454,979 |
| Anne Spina | Evp of Clinical Svcs & Network Mgmt | 35 | $438,914 |
| Xin Liu | Nurse Assessor | 35 | $406,530 |
| Prateek Arora | Vp Innovation, Strat. Initiatives & Prod Deve | 35 | $353,453 |
| Xiaohong Dong | Avp Business Development | 35 | $351,738 |
| Daniel M Fox | Director | 0.1 | — |
| Debra Tirado | Cfo | 26.3 | — |
| Eleanor S Applewhaite | Director | 0.1 | — |
| Elizabeth Butson | Director | 0.1 | — |
| Emma Devito | President and Ceo | 26.3 | — |
| Gail Donovan | Director | 0.4 | — |
| Glenna R Michaels | Director | 0.1 | — |
| James J Gardiner | Director | 0.1 | — |
| Joel Levi | Vp and General Counsel | 25 | — |
| John W Behre | Chair | 0.6 | — |
| Judy Choi | Secretary | 0.4 | — |
| Leroy Sharer | Director | 0.1 | — |
| Lynn Law | Director | 0.1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Medimpact | Pharmacy Benefit Mgt | $38,151,280 |
| Platinum Home Health Care Inc | Provider | $31,004,824 |
| Nae Edison LLC Edison Home Health Care | Provider | $25,742,183 |
| Assistcare Hh Svcs Preferred Hc of Ny | Provider | $23,212,506 |
| S & A Unified Home Care Inc | Provider | $20,025,804 |
Grants received · $10K total
1 grant to Village Senior Services Corporation totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| New York University | Support | 2022 | $10,000 |
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Frequently asked questions
- Is Village Senior Services Corporation a legitimate nonprofit?
- Yes. Village Senior Services Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-2006545, based in New York, New York. Donations are tax-deductible.
- What is Village Senior Services Corporation's EIN?
- Village Senior Services Corporation's Employer Identification Number (EIN) is 26-2006545.
- How much revenue does Village Senior Services Corporation report?
- Village Senior Services Corporation reported $1,749,873,219 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Village Senior Services Corporation's spending goes to programs?
- Village Senior Services Corporation spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Village Senior Services Corporation have?
- CharityIndex grades Village Senior Services Corporation B+, based on program efficiency and fundraising cost.
- How much does Village Senior Services Corporation's highest-paid employee make?
- The highest reported compensation on Village Senior Services Corporation's latest Form 990 is $494,515, paid to Vanessa Fernandez (Svp of Business Development & Health Plan Ops).
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Data for Village Senior Services Corporation (EIN 26-2006545) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.