VITAL HEALTHCARE CAPITAL
85 BROAD STREET 28TH FLOOR, NEW YORK, NY 10004 www.vitalcap.org

Total Revenue
$686,204
Total Expenses
$1,180,289
Net Assets
$15,603,193

Organizations Filed Purposes: V-CAP WAS ORGANIZED TO PROVIDE FLEXIBLE FINANCING AND TARGETED DEVELOPMENT SERVICES TO CATALYZE QUALITY CARE AND GOOD HEALTHCARE JOBS IN LOW-INCOME COMMUNITIES.

VITAL HEALTHCARE CAPITAL ("V-CAP") WAS INCORPORATED IN WASHINGTON, D.C. DURING NOVEMBER 2011. V-CAP WAS FORMED AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION TO BRING NEW APPROACHES TO COMMUNITY FINANCE IN THE CONTEXT OF HEALTHCARE REFORM. V-CAP WAS ORGANIZED TO PROVIDE FLEXIBLE FINANCING AND TARGETED DEVELOPMENT SERVICES TO CATALYZE QUALITY CARE AND GOOD HEALTHCARE JOBS IN LOW-INCOME COMMUNITIES.

V-CAP IS A SOCIAL IMPACT FINANCIAL INSTITUTION FOCUSED ON IMPROVING HEALTHCARE FOR VULNERABLE POPULATIONS INCLUDING FRAIL ELDERLY, AT-RISK YOUTH, DISABLED INDIVIDUALS, AND PEOPLE LIVING WITH CHRONIC DISEASE OR MENTAL ILLNESS. V-CAP WILL PROVIDE CATALYTIC CAPITAL TO FINANCE SAFETY NET HEALTHCARE ORGANIZATIONS FOR WHOM ACCESS TO CAPITAL IS A POTENTIAL BARRIER AND TARGETED DEVELOPMENT SERVICES ALL IN SUPPORT OF QUALITY HEALTHCARE AND GOOD HEALTHCARE JOBS IN LOW-INCOME COMMUNITIES. V-CAP'S LENDING WILL SUPPORT CARE MODELS THAT DEMONSTRATE COST EFFECTIVENESS AND IMPROVED HEALTH OUTCOMES, AND THAT RAISE JOB QUALITY FOR FRONTLINE HEALTHCARE WORKERS. V-CAP'S DISTINCTIVE SECTORAL STRATEGY, EMPHASIZING INTEGRATIVE MODELS OF CARE AND VALUING THE FRONTLINE WORKFORCE, IS AN INNOVATIVE APPROACH TO IMPACT CAPITAL FOR COMMUNITIES IN NEED.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Steve WeingartenCHIEF EXECUTIVE OFFICER40$195,920
Kenneth GruberCHIEF FINANCIAL OFFICER15$31,989
Stephen AbrechtBOARD TREASURER (OUTGOING)2$0
Martin EakesDIRECTOR2$0
Louis GiraudoDIRECTOR2$0
Howard RifkinCHAIRMAN OF THE BOARD2$0
Deborah BachrachSECRETARY2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202012419349301121_public.xml