University Of Vermont Medical Center Inc

Organization Overview

University Of Vermont Medical Center Inc is located in Burlington, VT. The organization was established in 1968. 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, University Of Vermont Medical Center Inc employed 9,078 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Vermont 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 09/2021, University Of Vermont Medical Center Inc generated $1.7b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $1.6b 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.

Since 2015, University Of Vermont Medical Center Inc has awarded 168 individual grants totaling $19,382,923. 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE HEALTH OF THE PEOPLE IN THE COMMUNITIES WE SERVE BY INTEGRATING PATIENT CARE, EDUCATION, AND RESEARCH IN A CARING ENVIRONMENT.

Describe the Organization's Program Activity:

OUTPATIENT SERVICES. FOR MORE INFORMATION, SEE SCHEDULE O.


INPATIENT SERVICES. FOR MORE INFORMATION, SEE SCHEDULE O.


PROFESSIONAL SERVICES. FOR MORE INFORMATION, SEE SCHEDULE O.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Tegria Services Group
Healthcare Consulting Services
$9,920,904
Cross Country Staffing Inc
Traveling Nursing Services
$21,301,335
Farrington Construction Co
Construction
$6,579,347
Clinical Research Sequencing Platform Ll
Laboratory Services
$5,080,000
Mayo Medical Laboratories Inc
Laboratory Services
$3,442,150
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$331,641
Related organizations$351,540
Government grants $82,623,184
All other contributions, gifts, grants, and similar amounts not included above$18,055,069
Noncash contributions included in lines 1a–1f $209,872
Total Revenue from Contributions, Gifts, Grants & Similar$101,361,434
Total Program Service Revenue$1,552,052,488
Investment income $9,580,255
Tax Exempt Bond Proceeds $4,104,891
Royalties $0
Net Rental Income $415,687
Net Gain/Loss on Asset Sales $18,517,246
Net Income from Fundraising Events $31,067
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,686,063,068

Grants Awarded

Over the last fiscal year, University Of Vermont Medical Center Inc has awarded $1,820,706 in support to 26 organizations.

Grant RecipientAmount

UNITED WAY OF CHITTENDEN COUNTY

Org PageRecipient Profile

South Burlington, VT

PURPOSE: COMMUNITY HEALTH IMPROVEMENT

$320,000

AREA HEALTH EDUCATION CENTER

Org PageRecipient Profile

Burlington, VT

PURPOSE: COMMUNITY HEALTH IMPROVEMENT

$260,000

Burlington, VT

PURPOSE: COMMUNITY HEALTH IMPROVEMENT

$145,000

Burlington, VT

PURPOSE: COMMUNITY HEALTH IMPROVEMENT

$126,580

COMMUNITY HEALTH CENTERS OF BURLINGTON

Org PageRecipient Profile

Burlington, VT

PURPOSE: COMMUNITY HEALTH IMPROVEMENT

$101,500

BUILDING BRIGHT FUTURES

Org PageRecipient Profile

Williston, VT

PURPOSE: COMMUNITY HEALTH IMPROVEMENT

$100,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that University Of Vermont Medical Center Inc has recieved totaling $65,000.

Awarding OrganizationAmount
Lintilhac Foundation

Shelburne, VT

PURPOSE: MIDWIFERY RESEARCH & EXPANSIONOF MULTIDISCIPLINARY EDUCATION

$55,000
Organization Name not Listed

PURPOSE: GENERAL SUPPORT

|

$5,000
Lintilhac Foundation

Shelburne, VT

PURPOSE: DERMATOLOGYDEPARTMENT

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$42,096,683
Earnings$9,972,688
Net Contributions$215,486
Other Expense$2,639,382
Ending Balance$46,645,474

Peer Organizations

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