Central Vermont Medical Center Inc Hcsr

Organization Overview

Central Vermont Medical Center Inc Hcsr is located in Berlin, VT. The organization was established in 1970. 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, Central Vermont Medical Center Inc Hcsr employed 1,972 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Vermont Medical Center Inc Hcsr 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, Central Vermont Medical Center Inc Hcsr generated $252.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $247.3m during the year ending 09/2021. While expenses have increased by 3.8% 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.

Since 2015, Central Vermont Medical Center Inc Hcsr has awarded 23 individual grants totaling $1,634,205. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CVMC WORKS COLLABORATIVELY TO MEET THE NEEDS AND IMPROVE THE HEALTH OF THE RESIDENTS OF CENTRAL VERMONT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOSPITAL SERVICES: INPATIENT, OUTPATIENT, AND 24/7 EMERGENCY DEPARTMENT SERVICES: CVMC HAS 122 LICENSED BEDS TO PROVIDE FOR A FULL SPECTRUM OF INPATIENT, OUTPATIENT, AND EMERGENCY CARE SERVICES. 18,111 INPATIENT DAYS, MORE THAN 250,000 OUTPATIENT PROCEDURES, AND 21,595 EMERGENCY ROOM VISITS WERE RECORDED DURING FISCAL YEAR 2021. OUTPATIENT ANCILLARY SERVICE UNITS MAKE UP THE MAJORITY OF SERVICE VOLUME, INCLUDING 31,978 RADIOLOGY PROCEDURES, 493,280 LAB TESTS, 15,832 CARDIOLOGY TESTS, AND 150,462 UNITS OF PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY. EMERGENCY DEPARTMENT: THE ER IS OPEN 24 HOURS A DAY 365 DAYS A YEAR. THE NUMBER OF PATIENTS SEEN IN THE ER IN FISCAL YEAR 2021 WAS 21,595. THE CANCER TREATMENT CENTER PROVIDED 4,534 ONCOLOGY AND RADIATION TREATMENTS. THE HOSPITAL ALSO HAS BEEN ACTIVE IN ITS OUTREACH TO CENTRAL VERMONT'S UNINSURED AND UNDER INSURED RESIDENTS.


MEDICAL GROUP PRACTICES: AT THE END OF THE FISCAL YEAR WE HAD 28 PRIMARY CARE, INFIRMARY, AND SPECIALTY PRACTICES. THIS INCLUDED 10 PRIMARY AND FAMILY CARE CLINICS, 1 PEDIATRIC CLINIC, AS WELL AS SPECIALTY CLINICS FOR UROLOGY, CARDIOLOGY, PODIATRY, RHEUMATOLOGY, ENT, ENDOCRINOLOGY, ORTHOPAEDICS, PSYCHOLOGY, AND OBSTETRICS/ GYNECOLOGY. THERE WERE A TOTAL OF 374,557 PRACTICE VISITS DURING FISCAL YEAR 2021.


WOODRIDGE REHAB & NURSING IS A MEDICARE-CERTIFIED 153-BED SKILLED NURSING FACILITY LOCATED ON THE CAMPUS OF CENTRAL VERMONT MEDICAL CENTER. APPROXIMATELY TWO-THIRDS OF THE FACILITIES BEDS ARE DEDICATED TO LONG TERM CARE, INCLUDING PALLIATIVE CARE/END OF LIFE CARE AND THE OTHER ONE-THIRD PROVIDE SHORT TERM REHABILITATION THERAPY AND POST-ACUTE CARE FOR A GREAT VARIETY OF MEDICAL CARE CATEGORIES, INCLUDING PAIN MANAGEMENT AND WOUND CARE. THE FACILITY PROVIDES "PERSON-CENTERED", ROUND THE CLOCK NURSING CARE AND SOCIAL SERVICES SUPPORT COMPLEMENTING DAILY, ROBUST ACTIVITIES PROGRAMS, FINE DINING AND HAS A FULL COMPLIMENT OF SUPPORT SERVICES INCLUDING HOUSEKEEPING/LAUNDRY, MAINTENANCE AND TRANSPORTATION. MANY OTHER AMENITIES ARE AVAILABLE TO FACILITY RESIDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Connor Contracting Inc
Construction Cntrctr
$923,914
Pc Construction Company
Construction Cntrctr
$1,162,007
Mayo Collaborative Services
Lab Services
$747,077
Janitronics Facility Services
Cleaning Services
$600,447
Medical Solutions
Nurse Staffing
$1,886,090
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$38,154
Government grants $2,346,765
All other contributions, gifts, grants, and similar amounts not included above$71,716
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,456,635
Total Program Service Revenue$246,378,333
Investment income $3,261,175
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $175,629
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 $252,271,772

Grants Awarded

Over the last fiscal year, Central Vermont Medical Center Inc Hcsr has awarded $74,250 in support to 3 organizations.

Grant RecipientAmount

PEOPLES HEALTH AND WELLNESS CENTER

Org PageRecipient Profile

Barre, VT

PURPOSE: HEALTH CARE FOR THE UNINSURED

$30,000

AREA HLTH EDU CNTRS PRM UNIV VT COL OF MED

Org PageRecipient Profile

Burlington, VT

PURPOSE: EDU LOAN RPMT TO HLTHCR PRFSNLS

$29,250

CAPSTONE COMMUNITY ACTION

Org PageRecipient Profile

Barre, VT

PURPOSE: FUEL YOUR NEIGHBORS CAMPAIGN

$15,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Central Vermont Medical Center Inc Hcsr has recieved totaling $15,000.

Awarding OrganizationAmount
American Endowment Foundation

Hudson, OH

PURPOSE: GENERAL OPERATING SUPPORT

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,967,045
Earnings$779,068
Admin Expense$45,701
Other Expense$40,000
Ending Balance$8,660,412

Peer Organizations

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