Vermont Information Technology Leaders Inc
- Assets
- $10.4m
- Revenue
- $8.4m
- Investments
- $0.0
- Employees
- 30
- Location
- South Burlington, VT
- Founding
- 03/2009
- Data as of
- 06/2023
- EIN
- 20-3131747
Organization Overview
Vermont Information Technology Leaders Inc is located in South Burlington, VT. The organization was established in 2009. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2023, Vermont Information Technology Leaders Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Information Technology Leaders 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 06/2023, Vermont Information Technology Leaders Inc generated $8.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $7.9m during the year ending 06/2023. While expenses have increased by 1.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SECURELY AGGREGATE, STANDARDIZE, AND SHARE THE DATA NEEDED TO IMPROVE HEALTHCARE FOR VERMONTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VITL IS THE LEGISLATIVELY DESIGNATED OPERATOR OF THE VERMONT HEALTH INFORMATION EXCHANGE ("VHIE"). AS DEFINED BY THE OFFICE OF THE NATIONAL COORDINATOR OF HEALTH INFORMATION TECHNOLOGY. ELECTRONIC HEALTH INFORMATION EXCHANGE (HIE) ALLOWS DOCTORS, NURSES, PHARMACISTS, OTHER HEALTH CARE PROVIDERS AND PATIENTS TO APPROPRIATELY ACCESS AND SECURELY SHARE A PATIENT'S VITAL MEDICAL INFORMATION ELECTRONICALLY IMPROVING THE SPEED, QUALITY, SAFETY AND COST OF PATIENT CARE.THE VHIE RECEIVES DATA FROM, AND PROVIDES DATA TO, HEALTH CARE ORGANIZATIONS THROUGHOUT THE STATE OF VERMONT, INCLUDING PRIMARY AND SPECIALTY CARE PRACTICES, HOSPITALS, FEDERALLY QUALIFIED HEALTH CENTERS, LABORATORIES, PAYERS, AND OTHERS. DURING FISCAL YEAR 2023, THE VITL ACCESS CLINICAL PORTAL WAS QUERIED OVER 130,000 TIMES AND THE VHIE DELIVERED OVER 1.1 MILLION LAB RESULTS TO THE ELECTRIC HEALTH RECORD SYSTEMS OF VERMONT HEALTH CARE PROVIDERS. THE VITL TEAM CONTINUED FOCUSED EFFORTS TO EDUCATE HEALTH CARE ORGANIZATIONS ABOUT THE AVAILABILITY OF THE PORTAL, AND TO ONBOARD PROVIDERS TO USE THE TOOL TO ACCESS COMPREHENSIVE PATIENT RECORDS. DURING FISCAL YEAR 2023, VITL LAUNCHED THE FIRST BI-DIRECTIONAL IMMUNIZATION DATA SHARING CONNECTION BETWEEN THE VERMONT DEPARTMENT OF HEALTH AND TWO HEALTH CARE PROVIDERS, ALLOWING CLINICIANS TO QUERY FOR PATIENTS' COMPREHENSIVE IMMUNIZATION RECORDS FROM INSIDE THEIR ELECTRONIC HEALTH RECORDS SYSTEM. THIS FEATURE, WHICH RESULTS IN MORE COMPLETE PATIENT HEALTH RECORDS AND MORE EFFICIENT WORKFLOW, WILL CONTINUE TO BE ROLLED OUT TO ADDITIONAL PROVIDERS OVER THE NEXT YEARS. IN ADDITION TO CONTINUING TO BUILD CONNECTIONS TO HOSPITALS AND PRACTICES TO COLLECT HEALTH DATA, VITL BEGAN WORK TO INTEGRATE NEW TYPES OF DATA INTO THE VHIE, ENGAGING WITH NEW TYPES OF CARE PROVIDERS, IN ORDER TO OFFER PROVIDERS A MORE COMPREHENSIVE PICTURE OF THEIR PATIENT'S HEALTH. FINALLY, THE VITL TEAM CONTINUED EFFORTS TO EDUCATE PATIENTS ABOUT HOW THEIR HEALTH DATA IS SHARED BY VITL, AND TO HELP THEM UNDERSTAND THE CHOICES THEY HAVE AROUND HOW THEIR DATA IS SHARED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Elmore Chair | OfficerTrustee | 2 | $0 |
Shawn Burroughs Vice Chair | OfficerTrustee | 2 | $0 |
Debra Royce Treasurer | OfficerTrustee | 2 | $0 |
Jessa Barnard Secretary | OfficerTrustee | 2 | $0 |
Leah Fullem Director | Trustee | 1 | $0 |
Kelly Lange Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Galen Healthcare Solutions Contract Staffing | 6/29/23 | $879,108 |
Health Catalyst Software Licensing | 6/29/23 | $818,700 |
Medicasoft Software Licensing And It Services | 6/29/23 | $1,193,446 |
Bistate Primary Care Association Hc Provider Qi Programming | 6/29/23 | $243,000 |
Cureous Innovations Software Licensing And Data Services | 6/29/23 | $445,320 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,737,815 |
| 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 | $7,737,815 |
| Total Program Service Revenue | $589,370 |
| Investment income | $109,854 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,437,039 |
| 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. | $401,508 |
| Compensation of current officers, directors, key employees. | $350,495 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,055,638 |
| Pension plan accruals and contributions | $58,244 |
| Other employee benefits | $583,105 |
| Payroll taxes | $187,412 |
| Fees for services: Management | $1,932,278 |
| Fees for services: Legal | $45,503 |
| Fees for services: Accounting | $83,483 |
| Fees for services: Lobbying | $21,470 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,933 |
| Information technology | $2,486,336 |
| Royalties | $0 |
| Occupancy | $27,218 |
| Travel | $4,086 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $49,084 |
| Insurance | $108,131 |
| All other expenses | $0 |
| Total functional expenses | $7,887,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,390,463 |
| Savings and temporary cash investments | $5,531,725 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,796,892 |
| 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 | $613,891 |
| Net Land, buildings, and equipment | $54,167 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,510 |
| Total assets | $10,390,648 |
| Accounts payable and accrued expenses | $1,985,248 |
| Grants payable | $0 |
| Deferred revenue | $2,216,955 |
| 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 | $0 |
| Total liabilities | $4,202,203 |
| Net assets without donor restrictions | $6,188,445 |
| 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 | $10,390,648 |