Northeastern Vermont Regional Hospital Inc is located in St Johnsbury, VT. The organization was established in 1967. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Northeastern Vermont Regional Hospital Inc employed 761 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeastern Vermont Regional Hospital Inc 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 09/2021, Northeastern Vermont Regional Hospital Inc generated $104.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $100.6m during the year ending 09/2021. While expenses have increased by 5.2% per year over the past 6 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
CRITICAL ACCESS HOSPITAL
Describe the Organization's Program Activity:
NORTHEASTERN VERMONT REGIONAL HOSPITAL, INC. IS A FULL SERVICE, STATE OF THE ART, CRITICAL ACCESS HOSPITAL. THE HOSPITAL MAKES ITS SERVICES AVAILABLE TO APPROXIMATELY 30,000 RESIDENTS OF THE GREATER ST. JOHNSBURY COMMUNITY. INPATIENT SERVICES INCLUDE MEDICAL AND SURGICAL, INTENSIVE CARE, PEDIATRICS, AND OBSTETRICS. THE EMERGENCY ROOM AT NVRH IS FULLY STAFFED BY FULL-TIME BOARD CERTIFIED/ELIGIBLE PHYSICIANS. THE AMBULATORY SURGERY UNIT HAS SPACE FOR 16 PRE- AND POST-OPERATIVE PATIENTS. OVER 95% OF OUR SURGERIES AND PROCEDURES ARE CONDUCTED THROUGH DAY SURGERY. THESE SERVICES ARE SUPPORTED BY THE LABORATORY, DIAGNOSTIC IMAGING, MRI, CT SCAN, CARDIAC SERVICES, REHABILITATION, RESPIRATORY, AND OTHER ANCILLARY SERVICES. SURGICAL SPECIALTIES INCLUDE GENERAL SURGERY, NEUROSURGERY, ORAL/MAXILLOFACIAL, OTOLARYNGOLOGY, OBSTETRICS/GYNECOLOGY, ORTHOPEDICS, OPHTHALMOLOGY, AND UROLOGY. NVRH IS ONE OF TWO VERMONT HOSPITALS TO HAVE BEEN AWARDED THE INTERNATIONAL BABY-FRIENDLY DESIGNATION BY THE WORLD HEALTH ORGANIZATION.NVRH'S CHARITY CARE PROGRAM IS AVAILABLE TO PATIENTS WHO ARE UNINSURED, UNDERINSURED, OR HAVE OTHERWISE DEMONSTRATED THEY DON'T HAVE THE FINANCIAL RESOURCES TO FULLY PAY FOR THEIR HOSPITAL CARE. PATIENTS WITH INCOME LEVELS BELOW 200% OF THE FEDERAL POVERTY GUIDELINE FOR THE APPLICABLE FAMILY SIZE HAVE THEIR HOSPITAL BILL DISCOUNTED BY 100%. PATIENTS WITH INCOME LEVELS BETWEEN 200% AND 400% OF THE FEDERAL POVERTY GUIDELINE RECEIVE A DISCOUNT ON THEIR HOSPITAL BILL BETWEEN 85% AND 47%. FOREGONE CHARGES, BASED ON ESTABLISHED RATES, FURNISHED UNDER NVRH'S FREE CARE PROGRAM AMOUNTED TO $1,639,213 DURING THE YEAR ENDED SEPTEMBER 30, 2021.THE EMERGENCY ROOM AT NVRH IS FULLY STAFFED BY FULL-TIME PHYSICIANS AND SPECIALIZED NURSES WHO ARE TRAINED TO DEAL WITH ALL ASPECTS OF MEDICAL CARE. EMERGENCY ROOM STAFF PROVIDE PRE-HOSPITAL PROVIDER TRAINING AND SUPPORT, PARTICIPATION IN LOCAL EDUCATION PROGRAMS, HOSPITAL CONTINUING MEDICAL EDUCATION AND QUALITY ASSURANCE PROGRAMS. CARE PROVIDED BY THE EMERGENCY ROOM IS COORDINATED WITH APPROPRIATE LOCAL PHYSICIAN PRACTICES. THE NVRH PHARMACY PROVIDES PHARMACEUTICAL SERVICES FOR PATIENTS, INCLUDING A COMPLETE PATIENT MEDICATION PROFILE AND COMPUTERIZED MONITORING. OUR PHARMACY STAFF IS A VITAL COMPONENT OF THE HEALTHCARE TEAM, CONSULTING WITH PHYSICIANS AND OTHER HEALTH PROFESSIONALS TO ENSURE THAT PATIENTS RECEIVE THE APPROPRIATE DRUG THERAPIES. NVRH OWNS FOUR RURAL HEALTH CLINICS THAT ARE STAFFED WITH A COMBINATION OF MEDICAL DOCTORS, NURSE PRACTITIONERS, PHYSICIAN ASSISTANTS AND NURSE MIDWIVES IN ORDER TO MEET THE NEED OF OUR PATIENTS. THE FOUR CLINICS INCLUDE:1. CORNER MEDICAL - A FAMILY PRACTICE.2. KINGDOM INTERNAL MEDICINE3. ST. JOHNSBURY PEDIATRICS4. WOMANS WELLNESS CENTER - PROVIDING A FULL OB/GYN CARE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matthew Prohaska Physician | 40 | $712,458 | |
Ryan Sexton MD Past President Of The Medical Staff | Trustee | 40 | $485,062 |
Eugene Dixon Physician | 40 | $459,394 | |
Jeremy Korsh Physician | 40 | $423,679 | |
Michael Lahey Physician | 28 | $381,895 | |
Richard Gagnon Physician | 24 | $376,110 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Dan Wyand Pt & Associates Pllc Physical Therapy | 9/29/21 | $2,117,479 |
Littleton Regional Hospital Surgical Services | 9/29/21 | $559,512 |
Avant Healthcare Professionals Llc Temporary Staffing | 9/29/21 | $520,446 |
Dartmouth Hitchcock Cardiology Services | 9/29/21 | $703,502 |
Vermont Radiologists Radiologist Services | 9/29/21 | $1,545,522 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $5,671,046 |
All other contributions, gifts, grants, and similar amounts not included above | $90,000 |
Noncash contributions included in lines 1a–1f | $53,190 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,761,046 |
Total Program Service Revenue | $97,414,023 |
Investment income | $444,475 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $92,709 |
Net Gain/Loss on Asset Sales | $1,077,375 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $104,789,628 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $163,795 |
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. | $1,539,148 |
Compensation of current officers, directors, key employees. | $649,211 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $44,793,927 |
Pension plan accruals and contributions | $1,823,553 |
Other employee benefits | $8,619,341 |
Payroll taxes | $3,204,513 |
Fees for services: Management | $117,877 |
Fees for services: Legal | $76,218 |
Fees for services: Accounting | $53,525 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $59,942 |
Fees for services: Other | $10,835,240 |
Advertising and promotion | $101,672 |
Office expenses | $841,291 |
Information technology | $561,979 |
Royalties | $0 |
Occupancy | $5,627,748 |
Travel | $51,375 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $42,402 |
Interest | $255,820 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,389,397 |
Insurance | $1,254,815 |
All other expenses | $0 |
Total functional expenses | $100,623,314 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,548 |
Savings and temporary cash investments | $25,774,635 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $10,961,289 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,631,732 |
Prepaid expenses and deferred charges | $719,777 |
Net Land, buildings, and equipment | $24,760,941 |
Investments—publicly traded securities | $23,605,668 |
Investments—other securities | $334,900 |
Investments—program-related | $0 |
Intangible assets | $842,083 |
Other assets | $7,438,519 |
Total assets | $96,071,092 |
Accounts payable and accrued expenses | $10,991,182 |
Grants payable | $0 |
Deferred revenue | $749,006 |
Tax-exempt bond liabilities | $8,607,371 |
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 | $22,331,099 |
Total liabilities | $42,678,658 |
Net assets without donor restrictions | $51,299,642 |
Net assets with donor restrictions | $2,092,792 |
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 | $96,071,092 |
Over the last fiscal year, Northeastern Vermont Regional Hospital Inc has awarded $141,855 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
St Johnsbury, VT PURPOSE: Community Benefit Grant | $113,015 |
Burlington, VT PURPOSE: General Support | $28,840 |
Over the last fiscal year, we have identified 6 grants that Northeastern Vermont Regional Hospital Inc has recieved totaling $45,225.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $30,000 |
Hawk Rock Foundation PURPOSE: FURTHER THE CHARITY ACTIVITY | | $10,000 |
Windham Foundation Grafton, VT PURPOSE: HEALTH SERVICES | $3,000 |
Price Choppers Golub Foundation Schenectady, NY PURPOSE: GENERAL SUPPORT/CAPITAL CAMPAIGN | $1,000 |
Kinney Drugs Foundation Inc Gouverneur, NY PURPOSE: LET'S TWIST AGAIN EVENT | $1,000 |
The Makesense Foundation Sapulpa, OK PURPOSE: CHARITABLE | $225 |
Organization Name | Assets | Revenue |
---|---|---|
Lahey Clinic Hospital Inc Burlington, MA | $439,333,881 | $1,036,261,688 |
Newyork-Presbyterian-Queens Flushing, NY | $898,800,022 | $913,594,490 |
New York-Presbyterian Brooklyn Methodist Brooklyn, NY | $1,733,884,296 | $932,635,722 |
St Francis Hospital Roslyn, NY | $1,505,143,319 | $834,224,682 |
Bronxcare Health System Bronx, NY | $743,333,524 | $835,076,495 |
United Health Services Hospitals Inc Binghamton, NY | $821,708,896 | $773,726,450 |
Good Samaritan Hosptial Medical Center West Islip, NY | $1,039,152,790 | $802,832,775 |
South Shore Hospital Inc South Weymouth, MA | $826,172,591 | $754,117,212 |
White Plains Hospital Medical Center White Plains, NY | $1,287,581,438 | $833,931,324 |
Vassar Brothers Medical Center Poughkeepsie, NY | $1,245,233,477 | $744,600,234 |
Jamaica Hospital Medical Center Jamaica, NY | $292,806,464 | $710,077,311 |
Mary Imogene Bassett Hospital Cooperstown, NY | $473,816,345 | $653,736,548 |