Gifford Medical Center Inc
73% goes to programs $0 to raise $100 Strong reserves Growing revenue
Gifford Medical Center Inc is a 501(c)(3) organization based in Randolph, Vermont, registered in 1937, with $75,341,174 in FY2023 revenue. CharityIndex grades it A, and it directs about 73% of spending to programs.
44 S Main St, Randolph, VT, 05060 EIN 03-0179418 Since 1937
Revenue (FY2023)
$75.3M
▲ 7.2% vs prior year
Health median: $840K
Expenses (FY2023)
$77.8M
Net assets
$65.8M
Employees
512
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating73% 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 Gifford Medical Center Inc: 73% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating10 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 Gifford Medical Center Inc: 10 mo reserves · -3% margin earns a B+ 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 Gifford Medical Center Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Gifford Medical Center Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Gifford medical center is a non-profit acute care hospital providing healthcare on an inpatient and outpatient basis.
What they do
Gifford medical center offers a range of clinical services at its main campus and outlying clinics. specialty services include: anesthesiology, cardiology, chiropractic care, hospitalist, neurology, oncology, orthopedics, pathology, podiatry, sports medicine, radiology, rehabilitative services, general surgery and urology.
Gifford medical center's caring and knowledgeable surgery team offers general surgery services including skin lesion and cyst removal, comprehensive breast care, diagnosis and treatment of all forms of cancer, wound care, pill endoscopy, colonoscopies and appendix removal. general surgeons provide a wide range of procedures (primarily focusing on the abdominal organs as well as diseases of the skin, breast, soft tissue and hernias) in both office and operating room settings.
Contact & location
- Address
- 44 S Main St, Randolph, VT, 05060
- City
- Randolph
- State
- Vermont
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $69.8M (FY2013) to $75.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $35.3MNet assets $65.8M
Operating margin
-3.3%
Spent more than it raised in the latest fiscal year.
Total assets
$101.2M
Total liabilities
$35.3M
Net assets
$65.8M
Salaries & benefits
$44.1M
57% of expenses
Board members
14
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $75,341,174▲7.2% | $77,804,073▲5.5% | $65,824,782▼7.8% | $101,156,177▼1.3% | 990 |
| 2022 | $70,252,978▼9.3% | $73,781,432▲5.2% | $71,382,024▼3.3% | $102,439,864▼0.5% | 990 |
| 2021 | $77,453,902▲20.0% | $70,165,288▲23.8% | $73,817,622▼0.7% | $102,925,623▼6.0% | 990 |
| 2020 | $64,519,063▲9.5% | $56,662,309▲6.9% | $74,363,321▲17.1% | $109,529,508▲3.3% | 990 |
| 2019 | $58,940,770▲2.2% | $52,988,407▼0.1% | $63,491,087▲6.2% | $106,034,169▲11.9% | 990 |
| 2018 | $57,677,588▲3.9% | $53,061,681▼4.2% | $59,807,769▼0.6% | $94,756,847▼0.2% | 990 |
| 2017 | $55,535,383▼8.5% | $55,373,124▼2.6% | $60,141,078▼2.8% | $94,970,572▼2.8% | 990 |
| 2016 | $60,662,086▼6.0% | $56,849,784▼0.4% | $61,847,589▲6.5% | $97,671,733▲8.4% | 990 |
| 2015 | $64,520,617▲2.6% | $57,096,328▲1.6% | $58,046,175▲10.3% | $90,124,325▲3.3% | 990 |
| 2014 | $62,889,688▼9.9% | $56,204,394▼12.1% | $52,648,931▲3.9% | $87,269,891▲3.5% | 990 |
| 2013 | $69,773,944 | $63,953,487▼1.7% | $50,682,973▲14.3% | $84,306,183▲8.4% | 990 |
| 2012 | — | $65,062,254▲5.5% | $44,346,151▲23.8% | $77,776,406▲12.9% | 990 |
| 2011 | — | $61,665,394▼1.1% | $35,831,256▲15.6% | $68,859,686▲9.0% | 990 |
| 2010 | — | $62,354,291▲8.8% | $30,995,721▲2.9% | $63,195,707▲2.9% | 990 |
| 2009 | — | $57,328,011 | $30,136,545 | $61,389,592 | 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: Jeffrey J Bath — $487,399 (0.63% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jeffrey J Bath | Physician | 40 | $487,399 |
| Dennis P Gilroy | Physician | 40 | $486,759 |
| Aleksandr Sokolovsky | Surgeon | 40 | $447,127 |
| John A Dreslin | Physician Specialty Clinic | 40 | $445,060 |
| Bruce W Andrus | Physician | 40 | $438,541 |
| Daniel Bennett | President & Ceo | 40 | $399,393 |
| William King | Past Inteirm Cfo | 40 | $369,968 |
| Jennifer Bertrand | Past Cfo | 40 | $279,345 |
| Emilija Florance | Trustee/med. Staff President | 40 | $257,917 |
| Cheyenne Holland | Cfo | 40 | $158,925 |
| Cindy Rosalbo | Director/trustee | 1 | — |
| Clay Westbrook | Director/trustee | 1 | — |
| Frederick Hauser | Trustee | 1 | — |
| Jeffrey Nelb | Director/trustee | 1 | — |
| Jody Davignon | Director/trustee | 1 | — |
| Kristin Chandler | Secretary | 1 | — |
| Matthew Considine | Director/trustee | 1 | — |
| Megan Cicio | Vice Chair | 1 | — |
| Morgan Rilling | Director/trustee | 1 | — |
| Peter Reed | Treasurer | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Focusone Solutions LLC | Contract Nursing | $2,072,308 |
| Forvis Mazars | Coding & Billing | $2,009,832 |
| Medstream Anesthesia Pllc | Contract Anesthesia | $1,250,695 |
| Obhg Vermont PC | Contract Providers | $1,077,844 |
| Weatherby Locums Inc | Contract Providers | $878,106 |
Grants received · $60K total
6 grants to Gifford Medical Center Inc totaling $60K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Health | 2023 | $5,100 |
| Vermont Community Foundation | General purpose | 2020 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $6,100 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2017 | $26,000 |
| Donor Advised Charitable Giving | Health & human services | 2015 | $6,600 |
| Donor Advised Charitable Giving | Health & human services | 2014 | $6,200 |
Grants made · $10K in FY2023
1 grant totaling $10K in FY2023. All grants made by Gifford Medical Center Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Tri-valley Transit Inc | Operations support | $10,173 |
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Frequently asked questions
- Is Gifford Medical Center Inc a legitimate nonprofit?
- Yes. Gifford Medical Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 03-0179418, based in Randolph, Vermont. Donations are tax-deductible.
- What is Gifford Medical Center Inc's EIN?
- Gifford Medical Center Inc's Employer Identification Number (EIN) is 03-0179418.
- How much revenue does Gifford Medical Center Inc report?
- Gifford Medical Center Inc reported $75,341,174 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Gifford Medical Center Inc's spending goes to programs?
- Gifford Medical Center Inc spends about 73% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Gifford Medical Center Inc have?
- CharityIndex grades Gifford Medical Center Inc A, based on program efficiency and fundraising cost.
- How much does Gifford Medical Center Inc's highest-paid employee make?
- The highest reported compensation on Gifford Medical Center Inc's latest Form 990 is $487,399, paid to Jeffrey J Bath (Physician).
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Data for Gifford Medical Center Inc (EIN 03-0179418) 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.