Vermont Association Of Hospitals And Health Systems Inc
- Assets
- $3.9m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 6
- Location
- Montpelier, VT
- Founding
- 05/1974
- Data as of
- 09/2023
- EIN
- 03-0218615
Organization Overview
Vermont Association Of Hospitals And Health Systems Inc is located in Montpelier, VT. The organization was established in 1974. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2023, Vermont Association Of Hospitals And Health Systems Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Association Of Hospitals And Health Systems Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2023, Vermont Association Of Hospitals And Health Systems Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $1.9m during the year ending 09/2023. While expenses have increased by 1.8% 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.
Since 2020, Vermont Association Of Hospitals And Health Systems Inc has awarded 27 individual grants totaling $806,885. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AS A COLLABORATIVE VOICE AND TRUSTED PARTNER, ADVANCE INITIATIVES TO SUPPORT PROVIDERS AND PATIENTS AND BUILD HEALTHY COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VERMONT ASSOCIATION OF HOSPITALS AND HEALTH SYSTEMS, INC. ("VAHHS") ASSISTS ITS MEMBERS TO IMPROVE THE HEALTH AND STATUS OF VERMONTERS, WORKS WITH ITS MEMBERS TO IMPROVE THE DELIVERY OF THE HEALTH CARE TO VERMONTERS, INFLUENCES THE POLITICAL, ECONOMIC, SOCIAL AND REGULATORY ENVIRONMENT IN WAYS TO SUPPORT THE NATIONAL DELIVERY OF HEALTH CARE SERVICES TO VERMONTERS AND SUPPORTS COORDINATION OF ITS MEMBERS' HEALTH CARE SERVICES WITH OTHER HEALTH OR SOCIAL SERVICES ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Bennett Chair | OfficerTrustee | 1 | $0 |
Anna Noonan Vice Chair | OfficerTrustee | 1 | $0 |
Shawn Tester Secretary/tr | OfficerTrustee | 1 | $0 |
Christopher Dougherty Board Member | Trustee | 1 | $0 |
Linda Rossi Board Member | Trustee | 1 | $0 |
Joe Woodin Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,145,121 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $2,145,121 |
| Total Program Service Revenue | $71,791 |
| Investment income | $65,135 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$224,170 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,046,574 |
| 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. | $567,810 |
| Compensation of current officers, directors, key employees. | $99,541 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $499,476 |
| Pension plan accruals and contributions | $26,728 |
| Other employee benefits | $84,080 |
| Payroll taxes | $57,846 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $111,818 |
| Fees for services: Accounting | $5,384 |
| Fees for services: Lobbying | $4,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,717 |
| Fees for services: Other | $265,234 |
| Advertising and promotion | $2,540 |
| Office expenses | $12,903 |
| Information technology | $13,291 |
| Royalties | $0 |
| Occupancy | $47,152 |
| Travel | $20,644 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $119,049 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,635 |
| Insurance | $15,107 |
| All other expenses | $0 |
| Total functional expenses | $1,917,330 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $275,803 |
| Savings and temporary cash investments | $1,161,275 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,157 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $24,649 |
| Net Land, buildings, and equipment | $80,409 |
| Investments—publicly traded securities | $2,250,500 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $56,885 |
| Total assets | $3,868,678 |
| Accounts payable and accrued expenses | $220,729 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,277 |
| Total liabilities | $223,006 |
| Net assets without donor restrictions | $3,645,672 |
| Net assets with donor restrictions | $0 |
| 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 | $3,868,678 |
Grants Awarded
Over the last fiscal year, Vermont Association Of Hospitals And Health Systems Inc has awarded $530,252 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
THE BRATTLEBORO RETREAT PURPOSE: FUNDING TO SUPPORT ACTIVITIES THAT PREPARE HEALTH CARE SYSTEMS AND PROVIDERS TO IDENTIFY, ISOLATE, ASSESS, TRANSPORT, AND TREAT PATIENTS WITH COVID19 OR OTHER SPECIAL PATHOGENS OR PUIS FOR SUCH AN ILLNESS, IN ACCORDANCE WITH THE ACTIVITIES DESCRIBED IN THE ASPR COOPERATIVE AGREEMENT WITH HOSPITAL ASSOCIATIONS. FOR A LIST OF SPECIFIC ACTIVITIES THAT ARE ALLOWABLE SEE THE INDIVIDUAL SUBGRANTS. | $48,544 |
CENTRAL VERMONT MEDICAL CENTER INC PURPOSE: FUNDING TO SUPPORT ACTIVITIES THAT PREPARE HEALTH CARE SYSTEMS AND PROVIDERS TO IDENTIFY, ISOLATE, ASSESS, TRANSPORT, AND TREAT PATIENTS WITH COVID19 OR OTHER SPECIAL PATHOGENS OR PUIS FOR SUCH AN ILLNESS, IN ACCORDANCE WITH THE ACTIVITIES DESCRIBED IN THE ASPR COOPERATIVE AGREEMENT WITH HOSPITAL ASSOCIATIONS. FOR A LIST OF SPECIFIC ACTIVITIES THAT ARE ALLOWABLE SEE THE INDIVIDUAL SUBGRANTS. | $48,547 |
BRATTLEBORO MEMORIAL HOSPITAL INC PURPOSE: FUNDING TO SUPPORT ACTIVITIES THAT PREPARE HEALTH CARE SYSTEMS AND PROVIDERS TO IDENTIFY, ISOLATE, ASSESS, TRANSPORT, AND TREAT PATIENTS WITH COVID19 OR OTHER SPECIAL PATHOGENS OR PUIS FOR SUCH AN ILLNESS, IN ACCORDANCE WITH THE ACTIVITIES DESCRIBED IN THE ASPR COOPERATIVE AGREEMENT WITH HOSPITAL ASSOCIATIONS. FOR A LIST OF SPECIFIC ACTIVITIES THAT ARE ALLOWABLE SEE THE INDIVIDUAL SUBGRANTS. | $48,547 |
COPLEY HOSPITAL INC PURPOSE: FUNDING TO SUPPORT ACTIVITIES THAT PREPARE HEALTH CARE SYSTEMS AND PROVIDERS TO IDENTIFY, ISOLATE, ASSESS, TRANSPORT, AND TREAT PATIENTS WITH COVID19 OR OTHER SPECIAL PATHOGENS OR PUIS FOR SUCH AN ILLNESS, IN ACCORDANCE WITH THE ACTIVITIES DESCRIBED IN THE ASPR COOPERATIVE AGREEMENT WITH HOSPITAL ASSOCIATIONS. FOR A LIST OF SPECIFIC ACTIVITIES THAT ARE ALLOWABLE SEE THE INDIVIDUAL SUBGRANTS. | $48,547 |
GIFFORD MEDICAL CENTER INC PURPOSE: FUNDING TO SUPPORT ACTIVITIES THAT PREPARE HEALTH CARE SYSTEMS AND PROVIDERS TO IDENTIFY, ISOLATE, ASSESS, TRANSPORT, AND TREAT PATIENTS WITH COVID19 OR OTHER SPECIAL PATHOGENS OR PUIS FOR SUCH AN ILLNESS, IN ACCORDANCE WITH THE ACTIVITIES DESCRIBED IN THE ASPR COOPERATIVE AGREEMENT WITH HOSPITAL ASSOCIATIONS. FOR A LIST OF SPECIFIC ACTIVITIES THAT ARE ALLOWABLE SEE THE INDIVIDUAL SUBGRANTS. | $48,547 |
CARLOS G OTIS HEALTH CARE CENTER INC (DBA GRACE COTTAGE HOSPITAL) PURPOSE: FUNDING TO SUPPORT ACTIVITIES THAT PREPARE HEALTH CARE SYSTEMS AND PROVIDERS TO IDENTIFY, ISOLATE, ASSESS, TRANSPORT, AND TREAT PATIENTS WITH COVID19 OR OTHER SPECIAL PATHOGENS OR PUIS FOR SUCH AN ILLNESS, IN ACCORDANCE WITH THE ACTIVITIES DESCRIBED IN THE ASPR COOPERATIVE AGREEMENT WITH HOSPITAL ASSOCIATIONS. FOR A LIST OF SPECIFIC ACTIVITIES THAT ARE ALLOWABLE SEE THE INDIVIDUAL SUBGRANTS. | $48,547 |