Copley Hospital Inc

Organization Overview

Copley Hospital Inc is located in Morrisville, VT. The organization was established in 1934. 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, Copley Hospital Inc employed 615 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Copley 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, Copley Hospital Inc generated $98.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $88.2m during the year ending 09/2021. While expenses have increased by 6.4% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

COPLEY IS DEDICATED TO HELPING PEOPLE LIVE HEALTHIER LIVES; PROVIDING EXCEPTIONAL CARE, SUPERIOR SERVICE AND ASSURING PEOPLE HAVE ACCESS TO AFFORDABLE HEALTH CARE.

Describe the Organization's Program Activity:

COPLEY HOSPITAL PROVIDES QUALITY MEDICAL HEALTHCARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, AGE OR ABILITY TO PAY. ALTHOUGH REIMBURSEMENT IS CRITICAL TO THE HOSPITAL, IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Vaco Llc
Consulting - It Svc
$1,096,868
Bernstein-magoon-gay Llc
Laundry Services
$380,315
University Of Vermont
Lab Services
$436,540
Travel Nurse Across America
Travel Nurses
$339,451
Kara Pitt
Physician Services
$202,400
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$178,890
Government grants $11,475,805
All other contributions, gifts, grants, and similar amounts not included above$1,914
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$11,656,609
Total Program Service Revenue$86,372,634
Investment income $206,716
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $7,124
Net Gain/Loss on Asset Sales -$14,753
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $98,228,330

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Copley Hospital Inc has recieved totaling $2,000.

Awarding OrganizationAmount
Evslin Family Foundation Inc

Stowe, VT

PURPOSE: OPERATINGSUPPORT.

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,765,579
Earnings$100,779
Net Contributions$300
Ending Balance$4,866,658

Peer Organizations

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