The University of Vermont Health Network Medical Group Inc
100% goes to programs Thin reserves Growing revenue
The University of Vermont Health Network Medical Group Inc is a 501(c)(3) organization based in Burlington, Vermont, registered in 1971, with $385,379,036 in FY2023 revenue. CharityIndex grades it B, and it directs about 100% of spending to programs.
111 Colchester Ave, Burlington, VT, 05401 EIN 03-0225105 Since 1971
Revenue (FY2023)
$385.4M
▲ 9.3% vs prior year
Health median: $840K
Expenses (FY2023)
$385.4M
Net assets
$0
Employees
1,230
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating100% to programs
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 The University of Vermont Health Network Medical Group Inc: 100% to programs earns a A+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +0% 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 The University of Vermont Health Network Medical Group Inc: 0 mo reserves · +0% margin earns a C on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 The University of Vermont Health Network Medical Group Inc: 5 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 The University of Vermont Health Network Medical Group 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
Serve as the governing organization for physicians employed to provide clinical services to affiliated member hospitals of the university of vermont health network.
Contact & location
- Address
- 111 Colchester Ave, Burlington, VT, 05401
- City
- Burlington
- State
- Vermont
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $132.6M (FY2013) to $385.4M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$0
Total liabilities
$0
Net assets
$0
Salaries & benefits
$385.4M
100% of expenses
Board members
14
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $385,379,036▲9.3% | $385,379,036▲9.3% | $0 | $0 | 990 |
| 2022 | $352,661,914▲4.7% | $352,661,914▲4.7% | $0 | $0 | 990 |
| 2021 | $336,867,677▲10.1% | $336,867,677▲10.1% | $0 | $0 | 990 |
| 2020 | $305,856,449▲8.5% | $305,856,449▲8.5% | $0 | $0 | 990 |
| 2019 | $281,936,096▲7.8% | $281,936,096▲7.8% | $0 | $0 | 990 |
| 2018 | $261,483,908▲71.3% | $261,483,908▲71.3% | $0 | $0 | 990 |
| 2016 | $152,603,327▼0.7% | $152,603,327▼0.7% | $0 | $0 | 990 |
| 2015 | $153,677,630▲7.7% | $153,677,630▲7.7% | $0 | $0 | 990 |
| 2014 | $142,636,102▲7.6% | $142,636,102▲7.6% | $0 | $0 | 990 |
| 2013 | $132,594,932 | $132,594,932▲7.2% | $0 | $0 | 990 |
| 2012 | — | $123,681,871▲3.4% | $0 | $0 | 990 |
| 2011 | — | $119,582,360▲12.2% | $0 | $0 | 990 |
| 2010 | — | $106,539,886 | $0 | $0 | 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: Dr Marissa Matarrese — $879,047 (0.23% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Marissa Matarrese | Plastic Surgeon | 45 | $879,047 |
| Dr Eric Gauthier 1 | Physician Cardiology | 45 | $873,515 |
| Dr Bruce Tranmer 1 | Division Chief | 45 | $843,716 |
| Dr Roger Ishac 1 | Cardiology Physician Medicine | 45 | $820,410 |
| Dr Todd Whitman | Oncologist | 45 | $807,510 |
| Dr Claude Nichols 1 | Director | 45 | $712,820 |
| Dr Wajih Aksamawati Dit Arja | Director (til 12/2023) | 35 | $655,866 |
| Dr Kristen Destigter 1 | Fmr Secretary | 2 | $603,566 |
| Dr Ira Bernstein 1 | Fmr Officer, Net Chair (til 6/2024) | 45 | $490,305 |
| Dr Ramsey Herrington 1 | Director | 2 | $478,139 |
| Dr Debra Leonard 1 | Director | 43 | $424,880 |
| Dr Lewis Rfirst 1 | Director (til 12/2023) | 2 | $400,085 |
| Dr Stuart Hoffman | Secretary | 45 | $395,331 |
| Dr Benjamin Smith | Director (as of 1/2024) | 45 | $394,546 |
| Dr Mark Fung 1 | Director (til 12/2023) | 35 | $315,450 |
| Dr Anne Dixon 1 | Director (as of 8/2024) | 45 | $310,965 |
| Dr Natasha Withers | Fmr Vice Chair | 45 | $293,907 |
| Dr Kimberly Blake 1 | Director (as of 1/2024) | 45 | $268,985 |
| Dr Gregory Holmes 1 | Director (til 7/2024) | 2 | $256,587 |
| Dr Laura Mccray 1 | Director (as of 1/2024) | 44 | $232,239 |
Similar organizations in Health
Health
Rutland Hospital Inc
Rutland, VT
$363.8M
Aannual revenue
Health
Central Vermont Medical Center Inc Hcsr
Berlin, VT
$319.9M
A+annual revenue
Health
Southwestern Vermont Medical Center Inc
Bennington, VT
$228.8M
Aannual revenue
Health
Northwestern Medical Center Inc
St Albans, VT
$136.0M
Aannual revenue
Health
Northeastern Vermont Regional Hospital Inc
St Johnsbury, VT
$131.6M
Aannual revenue
Health
Porter Hospital Inc Hcsr
Middlebury, VT
$128.6M
Aannual revenue
Health
Brattleboro Memorial Hospital
Brattleboro, VT
$116.6M
Aannual revenue
Health
North Country Hospital & Health Center,inc
Newport, VT
$109.1M
Aannual revenue
Health
Copley Hospital Inc
Morrisville, VT
$107.6M
Aannual revenue
Health
Windsor Hospital Corporation
Windsor, VT
$76.5M
Aannual revenue
Compare The University of Vermont Health Network Medical Group Inc
Frequently asked questions
- Is The University of Vermont Health Network Medical Group Inc a legitimate nonprofit?
- Yes. The University of Vermont Health Network Medical Group Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 03-0225105, based in Burlington, Vermont. Donations are tax-deductible.
- What is The University of Vermont Health Network Medical Group Inc's EIN?
- The University of Vermont Health Network Medical Group Inc's Employer Identification Number (EIN) is 03-0225105.
- How much revenue does The University of Vermont Health Network Medical Group Inc report?
- The University of Vermont Health Network Medical Group Inc reported $385,379,036 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of The University of Vermont Health Network Medical Group Inc's spending goes to programs?
- The University of Vermont Health Network Medical Group Inc spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The University of Vermont Health Network Medical Group Inc have?
- CharityIndex grades The University of Vermont Health Network Medical Group Inc B, based on program efficiency and fundraising cost.
- How much does The University of Vermont Health Network Medical Group Inc's highest-paid employee make?
- The highest reported compensation on The University of Vermont Health Network Medical Group Inc's latest Form 990 is $879,047, paid to Dr Marissa Matarrese (Plastic Surgeon).
More nonprofits in Burlington
Explore more
Data for The University of Vermont Health Network Medical Group Inc (EIN 03-0225105) 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.