Southwestern Vermont Health Care Corporation

Organization Overview

Southwestern Vermont Health Care Corporation is located in Bennington, VT. The organization was established in 1936. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 09/2023, Southwestern Vermont Health Care Corporation employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwestern Vermont Health Care Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2023, Southwestern Vermont Health Care Corporation generated $5.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $3.7m during the year ending 09/2023. While expenses have increased by 6.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

SOUTHWESTERN VERMONT HEALTH CARE CORPORATION MANAGES AND MAINTAINS MEDICAL OFFICE BUILDINGS IN BENNINGTON, MANCHESTER, WILMINGTON, POWNAL AND WEST DOVER IN VERMONT AS WELL AS HOOSICK FALLS, NEW YORK AND WILLIAMSTOWN, MASSACHUSETTS.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas A Dee
Trustee / CEO Svmc
$0
Michael E Brady
Trustee / Dentist
$0
Kathleen Fisher
Chair
$0
Stephen Kelly
Vice Chair
$0
Dimitri Garder
Secretary (as Of 10/2022)
$0
Richard Ader
Trustee (thru 9/23)
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Trane Us Inc
Contractor
$281,107
Symbria Inc
L.t.c. Consulting
$139,856
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $77,000
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$77,000
Total Program Service Revenue$3,678,532
Investment income $1,040,329
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $940,770
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,736,631

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