Charity Impact Media

Home › Human services

Vinfen Corporation

Cambridge, MA · EIN 04-2632219 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Vinfen Corporation reported $295.7 million in revenue and $281.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.41 went to program services, $11.46 to management and general costs and $0.13 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.7% of the total. The highest compensation it reported for one person was $597,779 (DIRECTOR, PRESIDENT & CEO). 168 people received more than $100,000 in reportable compensation. Revenue rose 65% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $281M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $296M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 3,614 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
88.4%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
11.5%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.1%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.13$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.0%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.7%2.4%
Program service revenue share
Part VIII 2g ÷ 12
97.7%70.8%
Highest reported compensation
Part VII-A, columns D–F
$597,779$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.21%1.18%
People paid over $100,000
Part VII, line 2
1686
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
3.86.9
Independent voting board members
Part VI 1a–1b
5 of 6100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$113M expenses · 45.3% of program spending · revenue $139M

The psychiatric rehabilitation division provides services for people with serious and persistent psychiatric disabilities, substance abuse, addiction and/or HIV/AIDS including assertive community treatment, employment services, residential supports, clubhouse day services and homeless outreach services

$103M expenses · 41.5% of program spending · revenue $119M

Developmental disability services deliver an array of services for persons with disabilities through operation of group homes, supported housing, outreach, work skills and employment training

$33M expenses · 13.2% of program spending · revenue $30M

Behavioral health services division provides an array of clinical services to adults and children with behavioral health challenges. Services include individual counseling, medication management, emergency services and crisis stabilization. Services are provided in licensed outpatient clinics, homes and other community locations. Behavioral health services help people cope with trauma or crisis, manage symptoms of mental illness and avoid unneeded higher levels of care. - innovation: the innovation division provides digital support services, assistive technology to individuals with…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
DIRECTOR, PRESIDENT & CEO
Director/trustee, officer, 31.00 hrs/week
$579,061$0$18,718$597,779
COO (THRU 09/27/24)
Officer, 40.00 hrs/week
$361,875$0$26,026$387,901
CHIEF MEDICAL OFFICER
Highest compensated employee, 40.00 hrs/week
$352,793$0$24,318$377,111
CFO & TREASURER
Officer, 31.00 hrs/week
$286,430$0$42,772$329,202
CHIEF STRATEGY OFFICER
Highest compensated employee, 40.00 hrs/week
$280,925$0$8,403$289,328
PSYCHIATRIST
Highest compensated employee, 40.00 hrs/week
$249,782$0$20,626$270,408
CHIEF INFO. & TECH. OFFICER
Highest compensated employee, 40.00 hrs/week
$250,072$0$19,260$269,332
CLERK (AS OF 09/19/24)
Officer, 39.50 hrs/week
$254,017$0$8,276$262,293

168 people received more than $100,000 in reportable compensation from Vinfen Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.9M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$296M$281M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$296M$281M88.4%$89M$597,779
FY2024 ⓘ$250M$243M88.5%$74M$590,040
FY2023 ⓘ$230M$223M88.0%$70M$326,330
FY2022 ⓘ$205M$200M88.2%$64M$414,493
FY2021 ⓘ$191M$186M88.8%$59M$398,984
FY2020 ⓘ$179M$174M89.0%$60M$398,589

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b6 · 5 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 53,566
  • Volunteers Part I, line 6100

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
COMMONWEALTH SOLUTIONS LLC
Direct care staffing
$5,841,917
SWIFT STAFFING AGENCY
Direct care staffing
$4,223,297
MOONHILL HOME CARE LLC
Direct care staffing
$2,628,489
MAXIM HEALTHCARE SERVICES HOLDINGS INC
Direct care staffing
$1,133,329
ANODYNE MEDICAL SERVICES
Direct care staffing
$1,063,600

Individuals listed as contractors are left out. 38 contractors were paid more than $100,000 in all.

Private foundation grants it received

6 private foundations reported grants to Vinfen Corporation totaling $112K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Vinfen Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Vinfen Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All human services charities · Largest charities in Massachusetts

Questions people ask

How much of Vinfen Corporation's spending goes to programs?

In the fiscal year ending June 30, 2025, Vinfen Corporation reported that 88.4% of its $281.1 million in expenses went to program services, 11.5% to management and general and 0.1% to fundraising (Form 990, Part IX).

How much does Vinfen Corporation pay its top executive?

The largest total compensation Vinfen Corporation reported for one person in the fiscal year ending June 30, 2025 was $597,779, for the role of DIRECTOR, PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Vinfen Corporation get its money?

Of $295.7 million in revenue in the fiscal year ending June 30, 2025, 1.0% came from contributions and grants (including 0.7% from government grants) and 97.7% from program service revenue (Form 990, Part VIII).

Is Vinfen Corporation a registered charity?

The IRS lists EIN 04-2632219 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601359349301330 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349305973 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349313826 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321339349301342 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201329349306430 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141349349304729 · read the filing

All filings for EIN 04-2632219: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.