University of Vermont Medical Center Inc
80% goes to programs $15 to raise $100 Strong reserves Growing revenue
University of Vermont Medical Center Inc is a 501(c)(3) organization based in Burlington, Vermont, registered in 1968, with $2,367,257,223 in FY2023 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
111 Colchester Ave, Burlington, VT, 05401 EIN 03-0219309 Since 1968
Revenue (FY2023)
$2.4B
▲ 12.7% vs prior year
Health median: $840K
Expenses (FY2023)
$2.3B
Net assets
$1.2B
Employees
9,634
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 rating80% to programs · $15 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 University of Vermont Medical Center Inc: 80% to programs · $15 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +4% 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 University of Vermont Medical Center Inc: 7 mo reserves · +4% 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 University of Vermont 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 University of Vermont Medical Center Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To improve the health of the people in the communities we serve by integrating patient care, education, and research in a caring environment.
What they do
Inpatient services. for more information, see schedule o.
Professional services. for more information, see schedule o.
Contact & location
- Address
- 111 Colchester Ave, Burlington, VT, 05401
- City
- Burlington
- State
- Vermont
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.1B (FY2013) to $2.4B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $724.9MNet assets $1.2B
Operating margin
4.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.0B
Total liabilities
$724.9M
Net assets
$1.2B
Salaries & benefits
$1.2B
52% of expenses
Board members
17
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,367,257,223▲12.7% | $2,269,779,876▲11.0% | $1,241,357,145▲16.6% | $1,966,303,783▲12.8% | 990 |
| 2022 | $2,099,784,886▲9.0% | $2,045,273,591▲7.0% | $1,064,239,628▲11.7% | $1,743,170,870▲7.6% | 990 |
| 2021 | $1,927,049,540▲14.3% | $1,911,207,531▲17.9% | $952,977,426▼17.4% | $1,619,652,702▼15.6% | 990 |
| 2020 | $1,686,063,068▲7.9% | $1,620,842,953▲6.1% | $1,154,041,437▲12.8% | $1,918,641,832▲5.0% | 990 |
| 2019 | $1,563,304,234▲2.2% | $1,528,196,543▲4.2% | $1,022,913,671▼1.0% | $1,827,295,314▲7.8% | 990 |
| 2018 | $1,529,529,583▲6.7% | $1,467,200,924▲7.8% | $1,033,709,335▲6.5% | $1,695,000,215▲1.1% | 990 |
| 2017 | $1,433,600,411▲8.6% | $1,360,613,119▲14.1% | $971,034,012▲8.7% | $1,676,785,691▲6.1% | 990 |
| 2016 | $1,319,597,368▲2.5% | $1,192,797,258▲6.7% | $893,625,809▲11.8% | $1,580,807,001▲7.9% | 990 |
| 2015 | $1,287,920,998▲13.1% | $1,117,687,935▲4.1% | $799,159,742▲12.9% | $1,465,439,155▲16.1% | 990 |
| 2014 | $1,138,709,373▲5.2% | $1,073,589,550▲5.2% | $708,029,604▲8.3% | $1,261,751,278▲2.7% | 990 |
| 2013 | $1,082,865,476 | $1,020,736,273▲1.3% | $654,032,082▲13.5% | $1,228,572,190▲6.3% | 990 |
| 2012 | — | $1,007,650,046▲10.4% | $576,000,888▲16.1% | $1,155,937,299▲6.5% | 990 |
| 2011 | — | $912,572,884▲5.7% | $495,924,803▲16.9% | $1,084,994,687▲7.4% | 990 |
| 2010 | — | $863,000,093▲0.2% | $424,080,986▲12.0% | $1,010,076,116▲4.2% | 990 |
| 2009 | — | $861,068,861 | $378,593,244 | $969,633,570 | 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 Sunil Eappen — $1,948,480 (0.09% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Sunil Eappen | Ntwk Pres/ceo | 8 | $1,948,480 |
| Dr Stephen M Leffler | Pres & Coo | 43 | $820,631 |
| Richard Vincent | Ntwk Evp Finance & Cfo | 10 | $783,080 |
| Alfred Gobeille | Ntwk Exec Vp/coo (til 5/2023) | 13 | $768,317 |
| Dr Douglas Gentile | Svp, Network It | 13 | $590,382 |
| Dr David Clauss | Ntwk Svp/chief Med Off | 13 | $586,260 |
| Eric Miller Esq | Svp, Network General Counsel | 8 | $575,491 |
| Jerald Novak | Ntwk Svp Chief People Off | 8 | $549,683 |
| Dr Isabelle Desjardins | Chief Medical Off | 50 | $536,244 |
| Dr Jason Sanders | Pres/ceo, Uvmhnmg | 2 | $508,675 |
| Lori Boisjoli | Network Cio | 13 | $486,868 |
| Jessica Moschella | Svp, High Value Care | 13 | $465,914 |
| Bradley Krompf | Executive Director Uvmhn Mg | 5 | $437,588 |
| Lisa L Goodrich | Vp Med Group Ops (til 1/2024) | 5 | $416,444 |
| Judy Peek-lee | Svp/cfo | 44 | $391,536 |
| Charles M Miceli | Chief Sup Chain Off (til 3/2024) | 13 | $365,411 |
| Marc Stanislas | Network Vp Treasury & Fin | 13 | $355,996 |
| Margaret Gagne | Chief Nursing Off | 50 | $337,914 |
| Christina Oliver | Vp Clinicial Services | 50 | $332,531 |
| Dr Howard M Schapiro | Fmr Svp, Chief Pop Hlth & Qual | 33 | $331,461 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Cross Country Staffing Inc | Traveling Nursing Services | $95,573,093 |
| Echostor Technologies Inc | Technology Solutions | $12,893,606 |
| Hayes Locums LLC | Traveling Nursing Services | $5,662,916 |
| Vital Delivery Solutions LLC | Delivery Services | $3,992,276 |
| Premier Coach Company Inc | Transportation Services | $3,412,755 |
Grants received · $8.0M total
107 grants to University of Vermont Medical Center Inc totaling $8.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Vermont Community Foundation | Uvm cancer center fund, attn: manon o'connor | 2024 | $512,102 |
| Cystic Fibrosis Foundation | Cf care center | 2024 | $193,020 |
| Cystic Fibrosis Foundation | Adult care | 2024 | $60,480 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $25,000 |
| American Cancer Society Inc | Patient support | 2024 | $25,000 |
| American Cancer Society Inc | Patient support | 2024 | $25,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $20,000 |
| Muscular Dystrophy Association | Medical diagnosis and registry support | 2024 | $20,000 |
| Cystic Fibrosis Foundation | Adherence | 2024 | $15,635 |
| The Albertsons Companies Foundation | Hunger | 2024 | $10,000 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $10,000 |
| American Endowment Foundation | Health, general | 2024 | $7,500 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $6,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $1,243,162 |
| Vermont Community Foundation | General purpose | 2023 | $745,141 |
Grants made · $1.5M in FY2023
17 grants totaling $1.5M in FY2023 — showing the 15 largest. All grants made by University of Vermont Medical Center Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| University of Vermont and State Agricultural College | Community health improvement | $473,800 |
| United Way of Northwest Vermont Inc | Community health improvement | $200,000 |
| University of Vermont and State Agricultural College | Community health improvement | $169,060 |
| Community Health Centers of Burlington Inc | Community health improvement | $100,000 |
| Dad Guild Inc | Community health improvement | $50,000 |
| Janet S Munt Family Room | Community health improvement | $50,000 |
| Pathways Vermont Inc | Community health improvement | $50,000 |
| Boys and Girls Club of Burlington Inc | Community health improvement | $50,000 |
| Dismas of Vermont Inc | Community health improvement | $50,000 |
| Chittenden Community Television | Community health improvement | $50,000 |
| Vermonters For Criminal Justice Reform | Community health improvement | $50,000 |
| Vermont Interfaith Action Inc | Community health improvement | $50,000 |
| Vermont Housing Finance Agency | Community health improvement | $40,000 |
| Community Resilience Organizations | Community health improvement | $37,000 |
| The Dream Program Inc | Community health improvement | $25,000 |
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Frequently asked questions
- Is University of Vermont Medical Center Inc a legitimate nonprofit?
- Yes. University of Vermont Medical Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 03-0219309, based in Burlington, Vermont. Donations are tax-deductible.
- What is University of Vermont Medical Center Inc's EIN?
- University of Vermont Medical Center Inc's Employer Identification Number (EIN) is 03-0219309.
- How much revenue does University of Vermont Medical Center Inc report?
- University of Vermont Medical Center Inc reported $2,367,257,223 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of University of Vermont Medical Center Inc's spending goes to programs?
- University of Vermont Medical Center Inc spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does University of Vermont Medical Center Inc have?
- CharityIndex grades University of Vermont Medical Center Inc A, based on program efficiency and fundraising cost.
- How much does University of Vermont Medical Center Inc's highest-paid employee make?
- The highest reported compensation on University of Vermont Medical Center Inc's latest Form 990 is $1,948,480, paid to Dr Sunil Eappen (Ntwk Pres/ceo).
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Data for University of Vermont Medical Center Inc (EIN 03-0219309) 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.