Gifford Medical Center Inc

Organization Overview

Gifford Medical Center Inc is located in Randolph, VT. The organization was established in 1937. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Gifford Medical Center Inc employed 488 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gifford Medical Center 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 09/2020, Gifford Medical Center Inc generated $58.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $53.0m during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

GIFFORD MEDICAL CENTER IS A NON-PROFIT ACUTE CARE HOSPITAL PROVIDING HEALTHCARE ON AN INPATIENT AND OUTPATIENT BASIS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GIFFORD MEDICAL CENTER INC. ("GIFFORD") OPERATES A NOT-FOR-PROFIT, 25 BED CRITICAL ACCESS HOSPITAL WHEREBY MEDICAL PROVIDERS AND NURSES PROVIDE AROUND THE CLOCK CARE TO PATIENTS. INPATIENT CARE SERVICES INCLUDE A MEDICAL/SURGICAL UNIT, A BIRTHING CENTER, AND END OF LIFE CARE. GIFFORD ALSO OFFERS A RANGE OF CLINICAL AND ANCILLARY SERVICES: DIAGNOSTIC IMAGING, LABORATORY TESTING, ANESTHESIOLOGY, CARDIOLOGY, CHIROPRACTIC CARE, HOSPITALISTS, NEUROLOGY, ONCOLOGY, ORTHOPEDICS, PATHOLOGY, PODIATRY, SPORTS MEDICINE, GENERAL SURGERY, AND UROLOGY. GIFFORD MEDICAL CENTER'S CARING AND KNOWLEDGEABLE SURGERY TEAM OFFERS GENERAL SURGERY SERVICES INCLUDING SKIN LESION AND CYST REMOVAL, COMPREHENSIVE BREAST CARE, DIAGNOSIS AND TREATMENT OF ALL FORMS OF CANCER, WOUND CARE, PILL ENDOSCOPY, COLONOSCOPIES AND APPENDIX REMOVAL. GENERAL SURGEONS PROVIDE A WIDE RANGE OF PROCEDURES (PRIMARILY FOCUSING ON THE ABDOMINAL ORGANS AS WELL AS DISEASES OF THE SKIN, BREAST, SOFT TISSUE AND HERNIAS) IN BOTH OFFICE AND OPERATING ROOM SETTINGS.GIFFORD MEDICAL CENTER OFFERS VARIOUS OTHER HEALTH CARE SERVICES TO THE CENTRAL VERMONT AREA. OTHER SERVICES AVAILABLE INCLUDE RADIOLOGY, LABORATORY, RESPIRATORY THERAPY, PHYSICAL THERAPY, OCCUPATIONAL THERAPY, SPEECH PATHOLOGY, ELECTRO CARDIOLOGY, CHEMOTHERAPY, EMERGENCY, SKILLED NURSING, LABOR AND DELIVERY, NURSERY, RADIOISOTOPE, AND ELECTROENCEPHALOGRAPHY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Weatherby Locums Inc
Contracted Labor
$501,209
Focusone Solutions Llc
Contracted Labor
$481,171
Neagley & Chase Construction Company
Construction
$1,317,714
University Of Vermont Medical
Contracted Labor
$425,802
Vhv Vermont Heating & Ventilat
Construction
$375,294
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$8,174,059
Investment income $1,067,004
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $436,470
Net Gain/Loss on Asset Sales $213,238
Net Income from Fundraising Events -$10,842
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $58,940,770

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Gifford Medical Center Inc has recieved totaling $79,918.

Awarding OrganizationAmount
$30,000
$23,263
Gifford Medical Center Auxiliary Inc

Randolph, VT

PURPOSE: VARIOUS PROGRAMS

$16,355
Gary And Mary West Foundation

La Jolla, CA

PURPOSE: TO SUPPORT LAST MILE EVENT 2021

$10,000
Janice Couture Greenberg Foundation

Winchendon, MA

PURPOSE: MEDICAL NEEDS

$300
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$10,541,208
Earnings$1,315,462
Admin Expense$436,933
Net Contributions$100,000
Ending Balance$11,519,737

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