BFA Attachment A
V1SfDNG NURSE ReG!ONAI.. HEALD! CARE SYSTEM
BEFORE CHANGE IN OWNERSHIP
ORGANIZATIONAL CHARI
VlSmNG IflJRSE REGIONAl.
HEALTH CARE SYSTEM
{NON~EM8ER PARENl}
VNA OF BROOKLylt, INC.
CHHAll.THHCP
EMPIRE STATE HOME'CARE
SERVICES, INC.
CHHAII.THHCP
CHHM.THHCP Admini8tralor
Director of Pstient Cllnl
Slat!
Diriod
Clericsl Stall'
CHHAP_THHCPAdmm~
Oireclo( of PlI1ienl Car&
Dired Care Staff
care
ClcricaJ Stmf
AFTER CHANGE W OWNERSHP
CADlOLIC HEALTH CARE SYSTEM
QR(jANIZATlQNAL ctIART
CATHOUC HEALTH CARE SYSTEM
(SOLE CORPORATE
VNA OF BROOKLYN, INC.
CHHM.THHCP
~EM8ER)
EMPrRE STAIE HOME CARE
SERVICES, INC. ,
CHHM.THHCP
CHHM.THHCP Aclmlnlstr'ator
Dnctor of PatIent Car.
CHHM.THHCP Administrator
Dlrec<or d Patient C&nl
Clel'ical Staff
Direct Care StatT
Clerical &all'
DIrecl c..", Slel{
BFA Attachment B
CATHOLIC HEALTH CARE SYSTEM AS SOLE MEMBER OF
VISITING NURSE ASSOCIATES OF BROOKLYN, INC. AND EMPIRE STATE HOME CARE SERVICES, INC.
PRO FORMA BALANCE SHEET POST-PUBLIC HEALTH AND HEALTH PLANNING COUNCIL APPROVAL
Visiting Nurse Associates
of Brooklyn, Inc.
CURRENT ASSETS:
Cash & Cash Equivalents
Accounts Receivable
Investments
Prepaid Expenses
TOTAL CURRENT ASSETS
t=lTlJille State
J::!Q.m!LCare Services, Inc.
$2,358,763
$5,681,846
$620,182
$854,661
$5,541,022
$8,824,008
$620,182
$256,276
S7.272,140
$2,490,737
$593,216
$16,856,975
$28,764,935
$2,815,909
$4,662,171
$7,384.727
$22,134,946
CURRENT LIABILITIES:
Accounts Payable
Accrued Payroll
Due to Third Party
Notes Payable
TOTAL CURRENT LIABILITIES
$17,785,460
$1,238,962
$4.295,075
$2,345,926
$25.665,422
$8,902,368
$1,068,180
$939,443
$2,345,926
$13,255,916
Notes & Loans Payable
TOTAL LIABILITIES
$1,000,000
$26,665,422
$7,000,000
$20,255,916
$2.099.513
$1,879,030
$28,764,935
$22.134,946
Fixed Assets-Net
Intangible Assets
Investments
TOTAL ASSETS
$163,218
..._--_._----_.-.__._.__..._.---._..
_-----::-:.-:=-'=:-'-:~--
LIABILITIES AND MEMBER'S EqUITY
NETASSETS
TOTAL LIABILITIES AND
NET ASSETS
BFA Attachment C
Visiting Nurse Rcaional Health Care System. Inc.
Balance Sheet
Decenlqer31.2011
Visiting Nurse
Regional Hea!th Car~
System, Inc
Assets
Current assets
Cash and c8sh equivalents
Investments
Due from related pmiics
Prepaid expenses and security deposits
779,239
780,568
$
2,818,034
_ _--'3_~?,59~.
Totil! current assets
Fixed Assets-net
Investmen+S
!r,langible assets
4,003.971
22,232.448
Tobl long term assets
$
26.236,419
Tota! assets
$
31,009,854
Liabilities and Net As ets
Current liabilities
Accounts pa:/able and accrued expen"es (Note 7)
Accrued p<Jyr n ond related items
Current portion of capit8llease obligation and credii line (Note 4)
$
1,800,072
792,759
..... 3,91L~_
$
6,510.635
Total !lilhilities
$
6,510,635
Net assets - beginning of year
$
23,966.7i37
Net assets (deficit) (Exhibit 8)
$
532,432
Total
cun.,~nt
liabiliEes
Capital lease obiigalion. net of current portion
Notes payable
Tota! net assets (deficit)
Teial !!abitities ar:d net assests
_1__.
$
. ?i,_~~9.,~
..
31,009.854
'~;:--=~':':'~-"=:::.=='~~.~
BFA Attachment C (cont.)
Visiting Nurse egionaf Health
Statement of Activities
December 31, 2011
Can~
Sytem, Inc.
Management fees
$
15,579,941
Total Revenue
$
15,579,941
Sol3ries and fringe benefits
Contracted personal services
Supplies and olher
Interest Expense
Depreciation and amortization
$
8,254,272
1,886,092
4,941,270
38,095
460,212
Total Expenses
$
15,5T9,941
$
620,211
1,075
Expenses
Operatlnq Resl1lt
Surplus/Deficit
Nor,-QpgI9EQgj3.?.'{~nu~
Loss on disposal of fixed assets
Investment Income (net of fees)
Contributions
Other non-operating revenues I (expenses)
Net realized and unrealized gains on investments
30
__.__.
(88, 8831
Total Non Operating Revenue
$
532,432
Net Re~ult
Surplus/( Deficit)
$
532,432
BFA Attachment C (cont.)
Visiting Nurse Regional Health Care System, Inc.
Statement of Financial Position
March 31,2012
ASSETS
CUH:;-.nt Assets
Cash and Cash Equivalents
Investment
Due from Related Parties
Prepaid expenses and security deposits
03/31/2012
$
16,317
780,568
5,205,180
527,180
Total Current Assets
6,529,244
Land, Building and Equipment, net
Investment
3,900,001
21,109,409
Total Assets
$ 31,538,654
LIABILITIES and NKT ASSETS
Current Liabilities
Current Portion of Long-term Debr
Accounts Payllble and Accmed Expenses
Accrued Salaries and Related Ben"fits
$
Total Current Liabilities
Total Net Assets
Total Liabilities and Net Assets
3,992,867
1,372,691
796,706
6,162,264
25,376,390
$ 31,538,654
BFA Attachment C (cont.)
Vis'ting Nurse Regl0TIaJ Health Care System, Inc.
Statement of Operations
Murch 31, Z012
BFA Attachment D
12/311,2.011
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12.4(~9,3X-8
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BFA Attachment D (cont.)
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BFA Attachment D (cont.)
St2te:'LH~f!t of 0F~:·:\.tio~s
Man:h 3i., 2Hl2
BFA Attachment D (cont.)
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