Richford Health Center Inc
- Assets
- $25.3m
- Revenue
- $21.2m
- Investments
- $466.4k
- Employees
- 284
- Location
- Richford, VT
- Founding
- 07/1994
- Data as of
- 12/2021
- EIN
- 03-0215982
Organization Overview
Richford Health Center Inc, operating under the name Notch, is located in Richford, VT. The organization was established in 1994. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. As of 12/2021, Notch employed 284 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Notch 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 12/2021, Notch generated $21.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $17.5m during the year ending 12/2021. While expenses have increased by 10.9% per year over the past 7 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE, PRESERVE AND RESTORE THE HEALTH OF PERSONS RESIDING IN NORTHWESTERN VERMONT.
Describe the Organization's Program Activity:
NOTCH'S LARGEST PROGRAM SERVICES, AS MEASURED BY TOTAL EXPENSES INCURRED, ARE COMPREHENSIVE HEALTH SERVICES DELIVERED TO MORE THAN 14,900 PATIENTS OF ALL AGES. OUR FEDERALLY QUALIFIED HEALTH CENTER (FQHC) SERVES THE GENERAL POPULATION OF 15 TOWNS IN VERMONT'S FRANKLIN AND GRAND ISLE COUNTIES AT FACILITIES SITUATED IN ALBURGH, ENOSBURG, FAIRFAX, RICHFORD, SWANTON, AND ST. ALBANS. NOTCH OFFERS PRIMARY MEDICAL, BEHAVIORAL, AND SUPPORT SERVICES AT ALL SIX LOCATIONS AND DENTAL SERVICES IN RICHFORD AND SWANTON. MEDICATION ASSISTED TREATMENT (MAT) SERVICES ARE DELIVERED AT ALL NOTCH MEDICAL OFFICES EXCEPT ALBURG HEALTH CENTER. EITHER THROUGH DIRECT PROVISION OR ARRANGEMENT, NOTCH ENSURES ITS USERS ACCESS TO ALL SERVICES REQUIRED UNDER THE FEDERAL 330(E) PROGRAM, REGARDLESS OF ABILITY TO PAY. OUR HEALTH CARE TEAM WORKS FROM AN INTEGRATED HEALTH MODEL. NOTCH MEDICAL PROVIDERS WORK COLLABORATIVELY WITH BEHAVIORAL PROVIDERS TO DELIVER OPTIMUM CARE. INTEGRATED HEALTH SERVICES ARE DESIGNED TO MEET THE NEEDS OF THE ENTIRE FAMILY AND ADDRESS THE WHOLE PERSON. THESE SERVICES INCLUDE: PHYSICAL EXAMINATIONS, IMMUNIZATIONS, CHRONIC DISEASE MANAGEMENT, ACUTE CARE, LABORATORY SERVICES, CARE COORDINATION, REFERRALS, BIRTH CONTROL, DOT PHYSICALS, COUNSELING, GOAL SETTING TO IMPROVE PERSONAL HEALTH, SYMPTOMS MANAGEMENT OF ANXIETY AND DEPRESSION, IDENTIFICATION OF MENTAL HEALTH BARRIERS TO MEET HEALTH CARE GOALS, AND MAT SERVICES.
DENTAL - NOTCH PROVIDES GENERAL DENTAL SERVICES TO PEOPLE OF ALL AGES. PREVENTIVE TREATMENT AND PRIMARY DENTAL CARE SERVICES INCLUDE: CLEANINGS, EXAMS, X-RAYS, FLUORIDE APPLICATIONS, SEALANTS, FILLINGS (AMALGAM AND COMPOSITE), ROOT CANALS, EXTRACTIONS, DENTURES, AND CROWNS.
PHARMACY - THE ORGANIZATION OWNS AND OPERATES THREE PHARMACIES THAT ARE OPEN TO THE GENERAL PUBLIC IN RICHFORD, SWANTON AND FAIRFAX AND IS PART- OWNER OF A MAIL ORDER PHARMACY BASED IN CHITTENDEN COUNTY THAT SERVES FQHC PATIENTS EXCLUSIVELY. NOTCH ALSO CONTRACTS WITH MULTIPLE INDEPENDENT PHARMACIES ACROSS FRANKLIN COUNTY TO DISPENSE MEDICATIONS TO OUR FQHC PATIENTS PURCHASED THROUGH THE US FEDERAL GOVERNMENT 340B DRUG PRICING PROGRAM. MEDICATION PACKAGING IS OFFERED AT OUR PHARMACY IN RICHFORD AND AT THE MAIL ORDER PHARMACY. A SLIDING FEE DISCOUNT PROGRAM IS AVAILABLE TO ELIGIBLE NOTCH PATIENTS AT ALL OWNED PHARMACIES.
COMMUNITY BENEFIT PROGRAMS INCLUDING OPERATION OF GROCERY STORE FOR THE BENEFIT OF THE COMMUNITY AS NOTCH IS LOCATED IN A FOOD DESERT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Pamela Martin Dentist | 40 | $229,340 | |
Dr Audrey Von Lepel Medical Dire | Officer | 40 | $206,898 |
Dr Erick Lavallee Physician | 40 | $195,329 | |
Dr Ankush Jindal Dentist | 30 | $192,777 | |
Dr Ernesto Cantu Physician | 40 | $186,549 | |
Dr Therese Ray Physician | 40 | $174,252 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Thomas O'bryan Construction | 12/30/21 | $172,100 |
Open Approach It Support | 12/30/21 | $211,144 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,674,424 |
| All other contributions, gifts, grants, and similar amounts not included above | $251,201 |
| Noncash contributions included in lines 1a–1f | $37,942 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,925,625 |
| Total Program Service Revenue | $12,411,574 |
| Investment income | $117,519 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $54,540 |
| Net Gain/Loss on Asset Sales | $114,688 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,349,576 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,205,017 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $343,377 |
| Compensation of current officers, directors, key employees. | $343,377 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,353,555 |
| Pension plan accruals and contributions | $352,474 |
| Other employee benefits | $1,245,506 |
| Payroll taxes | $782,655 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,506 |
| Fees for services: Accounting | $52,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,050 |
| Advertising and promotion | $15,281 |
| Office expenses | $66,414 |
| Information technology | $157,757 |
| Royalties | $0 |
| Occupancy | $478,509 |
| Travel | $22,325 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $107 |
| Interest | $54 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $410,764 |
| Insurance | $77,995 |
| All other expenses | $663,282 |
| Total functional expenses | $17,508,046 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,025,110 |
| Savings and temporary cash investments | $990,500 |
| Pledges and grants receivable | $43,677 |
| Accounts receivable, net | $2,623,723 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $55,900 |
| Inventories for sale or use | $1,355,578 |
| Prepaid expenses and deferred charges | $181,883 |
| Net Land, buildings, and equipment | $6,725,930 |
| Investments—publicly traded securities | $10,057,381 |
| Investments—other securities | $466,393 |
| Investments—program-related | $0 |
| Intangible assets | $708,252 |
| Other assets | $30,626 |
| Total assets | $25,264,953 |
| Accounts payable and accrued expenses | $1,259,017 |
| Grants payable | $0 |
| Deferred revenue | $6,773 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $160,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,425,790 |
| Net assets without donor restrictions | $23,757,744 |
| Net assets with donor restrictions | $81,419 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $25,264,953 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Richford Health Center Inc has recieved totaling $156,738.
| Awarding Organization | Amount |
|---|---|
Direct Relief Santa Barbara, CA PURPOSE: SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS | $111,465 |
Bi-State Primary Care Assoc Inc Bow, NH PURPOSE: Pass Through - US DHHS Healthcare Consortium (HO-21) | $33,955 |
Vermont Childrens Trust Foundation Burlington, VT PURPOSE: OPERATIONS | $11,313 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uphams Corner Health Committee Inc Dorchester, MA | $23,283,775 | $48,958,688 |
Faculty Practice Foundation Inc Boston, MA | $98,365,059 | $45,984,440 |
Jordan Physician Associates Inc Plymouth, MA | $15,971,092 | $31,653,632 |
Academic Medicine Services Inc Amherst, NY | $13,449,740 | $46,145,494 |
University Of Buffalo Pediatric Associates P C Buffalo, NY | $15,840,260 | $40,658,673 |
Community Care Cooperative Inc Boston, MA | $58,957,905 | $48,013,134 |
Adirondack Health Institute Inc Glens Falls, NY | $33,135,931 | $28,558,628 |
Childrens Sport Medicine Foundation Inc Boston, MA | $54,618,061 | $30,327,152 |
Lenox Hill Hospital Medical Pc Westbury, NY | $7,028,959 | $23,639,356 |
University Neurology Inc Buffalo, NY | $5,475,460 | $21,710,139 |
Peconic Cardiology Pc Westbury, NY | $6,698,322 | $17,198,539 |
Tufts Medical Center Physicians Organization Inc Boston, MA | $39,489,684 | $33,874,460 |