Precision Valley Free Clinic Inc
- Assets
- $435.6k
- Revenue
- $274.5k
- Investments
- $0.0
- Employees
- 5
- Location
- Springfield, VT
- Founding
- 05/2000
- Data as of
- 12/2021
- EIN
- 03-0364846
Organization Overview
Precision Valley Free Clinic Inc, operating under the name Valley Health Connections, is located in Springfield, VT. The organization was established in 2000. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. As of 12/2021, Valley Health Connections employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Health Connections 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 12/2021, Valley Health Connections generated $274.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $223.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEDICAL AND DENTAL REFERRAL SERVICES AND ENROLLMENT SERVICES TO LOW INCOME POPULATIONS IN VERMONT WHO ARE UNINSURED, UNDERINSURED, OR AT RISK OF LOSING INSURANCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE MEDICAL AND DENTAL REFERRAL SERVICES AND ENROLLMENT SERVICES TO LOW INCOME POPULATIONS IN VERMONT WHO ARE UNINSURED, UNDERINSURED, OR AT RISK OF LOSING INSURANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Beardsley Board Treasurer | Officer | 2 | $0 |
Erron Carey Board Chair | Officer | 2 | $0 |
Jim Cahill Board Vice Chair | Officer | 2 | $0 |
Scott Belt Board Secretary | Officer | 2 | $0 |
Daniel Caloras Board Member - Medical Director | Trustee | 2 | $0 |
Roger Owen Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $93,333 |
| All other contributions, gifts, grants, and similar amounts not included above | $176,109 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $269,442 |
| Total Program Service Revenue | $0 |
| Investment income | $71 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $274,513 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $172,381 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,504 |
| Payroll taxes | $13,016 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,146 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,409 |
| Advertising and promotion | $100 |
| Office expenses | $8,039 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,274 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $99 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,909 |
| All other expenses | $0 |
| Total functional expenses | $223,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $267,205 |
| Savings and temporary cash investments | $100,586 |
| Pledges and grants receivable | $65,661 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,115 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $435,567 |
| Accounts payable and accrued expenses | $3,135 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,135 |
| Net assets without donor restrictions | $432,432 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $435,567 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Precision Valley Free Clinic Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Vermont Community Foundation Middlebury, VT PURPOSE: GENERAL PURPOSE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Health Resources In Action Inc Boston, MA | $33,816,788 | $35,069,519 |
Fair Health Inc New York, NY | $43,905,293 | $32,401,678 |
Chmc Otolaryngologic Foundation Inc Boston, MA | $56,250,065 | $28,964,394 |
Cicatelli Associates Inc New York, NY | $5,888,559 | $27,747,071 |
Onecare Vermont Accountable Care Organization Llc Colchester, VT | $43,985,225 | $27,384,795 |
Finger Lakes Migrant Health Care Project Inc Penn Yan, NY | $24,796,436 | $20,780,428 |
Walpole Area Visiting Nurse Association Inc Walpole, MA | $9,639,737 | $11,196,875 |
Public Good Projects New York, NY | $3,040,032 | $8,988,626 |
Central New Hampshire Vna & Hospice Laconia, NH | $0 | $10,066,079 |
International Health Racquet And Sportsclub Association Boston, MA | $2,092,829 | $3,783,459 |
Global Healthy Living Foundationinc Upper Nyack, NY | $6,909,681 | $8,221,665 |
Gradian Health Systems Inc New York, NY | $21,514,567 | $7,272,178 |