Southwestern Vermont Health Care Corporation

Organization Overview

Southwestern Vermont Health Care Corporation is located in Bennington, VT. The organization was established in 1936. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwestern Vermont Health Care Corporation 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, Southwestern Vermont Health Care Corporation generated $6.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $3.5m during the year ending 09/2020. While expenses have increased by 6.6% 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 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDING HEALTH CARE ON BOTH AN INPATIENT AND OUTPATIENT BASIS WITH FACILITIES IN AND AROUND THE BENNINGTON, VT AREA AS WELL AS NEIGHBORING NY AND MA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SOUTHWESTERN VERMONT HEALTH CARE CORPORATION MANAGES AND MAINTAINS MEDICAL OFFICE BUILDINGS IN BENNINGTON, MANCHESTER, WILMINGTON, POWNAL AND WEST DOVER IN VERMONT, AS WELL AS HOOSICK FALLS, NEW YORK AND WILLIAMSTOWN, MASSACHUSETTS.


SOUTHWESTERN VERMONT HEALTH CARE CORPORATION SUPPORTS SOUTHWESTERN VERMONT MEDICAL CENTER AND OTHER RELATED PARTIES THROUGH GRANT ADMINISTRATION, ACCOUNTING SERVICES AND SUPPORT OF TRUSTEE EXPENSES.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas A Dee
CEO
$0
James Brown
Trustee, Vice Chair
$0
Kathleen Fisher
Trustee, Vice Chair (beg 10/21)
$0
Tommy Harmon Jr
Trustee, Chair
$0
Lara Shore-Sheppard
Trustee, Secretary
$0
Stephen D Majetich
CFO
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Trane Us Inc
Contractor
$281,107
Symbria Inc
L.t.c. Consulting
$139,856
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $671,083
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $144,142
Net Gain/Loss on Asset Sales $2,154,289
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,374,667

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Southwestern Vermont Health Care Corporation has recieved totaling $50,000.

Awarding OrganizationAmount
Vermont Community Foundation

Middlebury, VT

PURPOSE: GENERAL PURPOSE

$50,000
View Grant Recipient Profile

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