Copley Hospital Inc
84% goes to programs $0 to raise $100
Copley Hospital Inc is a 501(c)(3) organization based in Morrisville, Vermont, registered in 1934, with $107,626,908 in FY2023 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
528 Washington Hwy, Morrisville, VT, 05661 EIN 03-0179423 Since 1934
Revenue (FY2023)
$107.6M
▲ 9.3% vs prior year
Health median: $840K
Expenses (FY2023)
$104.1M
Net assets
$50.6M
Employees
676
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating84% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Copley Hospital Inc: 84% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Copley Hospital Inc: 6 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Copley Hospital Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Copley Hospital Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Copley is dedicated to helping people live healthier lives; providing exceptional care, superior service and assuring people have access to affordable health care.
Contact & location
- Address
- 528 Washington Hwy, Morrisville, VT, 05661
- City
- Morrisville
- State
- Vermont
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $62.0M (FY2013) to $107.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $43.4MNet assets $50.6M
Operating margin
3.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$94.0M
Total liabilities
$43.4M
Net assets
$50.6M
Salaries & benefits
$56.9M
55% of expenses
Board members
18
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $107,626,908▲9.3% | $104,081,487▲4.3% | $50,583,978▲8.0% | $93,963,237▲19.9% | 990 |
| 2022 | $98,450,070▲3.7% | $99,802,640▲4.7% | $46,836,338▼1.7% | $78,337,251▲2.3% | 990 |
| 2021 | $94,982,831▼3.3% | $95,335,403▲8.1% | $47,662,129▲2.5% | $76,557,039▼9.2% | 990 |
| 2020 | $98,228,330▲31.9% | $88,190,680▲14.9% | $46,482,045▲30.3% | $84,353,372▲2.9% | 990 |
| 2019 | $74,460,549▲8.6% | $76,769,290▲9.2% | $35,684,812▼5.7% | $81,994,926▲50.3% | 990 |
| 2018 | $68,533,825▲0.7% | $70,299,331▲0.9% | $37,861,277▼3.9% | $54,544,853▼3.6% | 990 |
| 2017 | $68,031,325▼2.1% | $69,683,656▲4.3% | $39,415,080▼4.0% | $56,568,832▼5.7% | 990 |
| 2016 | $69,456,475▲7.7% | $66,780,363▲3.8% | $41,045,129▲0.7% | $60,010,352▲16.2% | 990 |
| 2015 | $64,490,123▼1.6% | $64,312,407▲5.7% | $40,775,303▲1.8% | $51,647,574▲2.0% | 990 |
| 2014 | $65,522,862▲5.8% | $60,870,590▲5.8% | $40,071,688▲13.3% | $50,637,158▲7.7% | 990 |
| 2013 | $61,955,479 | $57,514,552▲7.4% | $35,354,228▲23.4% | $47,027,067▲17.4% | 990 |
| 2012 | — | $53,576,029▲2.5% | $28,647,998▲9.5% | $40,042,628▲6.8% | 990 |
| 2011 | — | $52,253,470▲9.9% | $26,157,159▲12.5% | $37,487,979▲11.4% | 990 |
| 2010 | — | $47,554,334▼33.6% | $23,243,986▲13.1% | $33,665,149▲4.6% | 990 |
| 2009 | — | $71,617,879 | $20,544,065 | $32,180,471 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Brian Aros — $1,003,388 (0.96% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brian Aros | Orthopedic Surgeon | 40 | $1,003,388 |
| John Macy | Orthopedic Surgeon | 40 | $881,221 |
| Joseph Mclaughlin | Orthopedic Surgeon | 40 | $779,567 |
| Nicholas Antell | Orthopedic Surgeon | 40 | $667,434 |
| Bryan Monier | Orthopedic Surgeon | 40 | $608,688 |
| Joseph Woodin | Ceo | 37 | $549,417 |
| Travis Knapp | Trustee Beg 02/24 / Anesthesia Director | 39.8 | $427,820 |
| J Martin Linseisen Md | Trustee End 02/24 | 39.8 | $404,314 |
| Jeffrey Hebert | Cfo | 37 | $260,707 |
| Wayne Stockbridge | Chief Admin & Hr Officer | 37 | $249,773 |
| Lori Profota | Cno End 02/24 | 38 | $218,967 |
| Samantha Allaire | Nurse Mgr / Interim Cno Beg 07/23 | 38 | $87,364 |
| Alden Launer | Trustee | 1.8 | — |
| Anne Bongiorno | Vice Chair | 1.8 | — |
| Bethany Salvas | Trustee Beg 02/24 | 1.8 | — |
| Bob Bleimeister | Treasurer | 1.8 | — |
| Cameron Page | Trustee | 1.8 | — |
| Carl Szlachetka | Trustee | 3.8 | — |
| Christopher Towne | Trustee | 1.8 | — |
| Dan Noyes | Trustee | 1.8 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Medefis Inc | Contracted Labor | $5,816,919 |
| Berstein-magoon-gay LLC | Laundry Services | $528,978 |
| Weatherby Locums Inc | Contracted Labor-providers | $424,001 |
| Forvis Mazars LLP | Audit/tax Services | $261,961 |
| University Medical Center | Lab Services | $259,079 |
Grants received · $398K total
26 grants to Copley Hospital Inc totaling $398K, reported by foundations on their Schedule I filings — showing the 15 most recent.
Similar organizations in Health
Health
North Country Hospital & Health Center,inc
Newport, VT
$109.1M
Aannual revenue
Health
Brattleboro Memorial Hospital
Brattleboro, VT
$116.6M
Aannual revenue
Health
Porter Hospital Inc Hcsr
Middlebury, VT
$128.6M
Aannual revenue
Health
Northeastern Vermont Regional Hospital Inc
St Johnsbury, VT
$131.6M
Aannual revenue
Health
Northwestern Medical Center Inc
St Albans, VT
$136.0M
Aannual revenue
Health
Windsor Hospital Corporation
Windsor, VT
$76.5M
Aannual revenue
Health
Gifford Medical Center Inc
Randolph, VT
$75.3M
Aannual revenue
Health
Health Care and Rehabilitation Services of Southeastern Vermont I
Springfield, VT
$66.1M
Aannual revenue
Health
Community Health Centers of the Rutland Region Inc
Rutland, VT
$64.3M
Aannual revenue
Health
Springfield Hospital Inc
Springfield, VT
$64.2M
Aannual revenue
Compare Copley Hospital Inc
Frequently asked questions
- Is Copley Hospital Inc a legitimate nonprofit?
- Yes. Copley Hospital Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 03-0179423, based in Morrisville, Vermont. Donations are tax-deductible.
- What is Copley Hospital Inc's EIN?
- Copley Hospital Inc's Employer Identification Number (EIN) is 03-0179423.
- How much revenue does Copley Hospital Inc report?
- Copley Hospital Inc reported $107,626,908 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Copley Hospital Inc's spending goes to programs?
- Copley Hospital Inc spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Copley Hospital Inc have?
- CharityIndex grades Copley Hospital Inc A, based on program efficiency and fundraising cost.
- How much does Copley Hospital Inc's highest-paid employee make?
- The highest reported compensation on Copley Hospital Inc's latest Form 990 is $1,003,388, paid to Brian Aros (Orthopedic Surgeon).
More nonprofits in Morrisville
Explore more
Data for Copley Hospital Inc (EIN 03-0179423) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.