Central Vermont Medical Center
Legal name: Central Vermont Medical Center Inc
Nonprofit profile at a glance
- EIN
- 222547186
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Berlin, VT, US
- Phone
- 802-371-4100
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Hospital, General
Reported finances
- Revenue
- $334,130,468
- Expenses
- $332,186,242
- Assets
- $189,524,709
- Liabilities
- $96,663,232
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- ANNA T NOONAN (PRESIDENT & COO/TRUSTEE)
Highest reported compensation
- DR SUNIL EAPPEN (TRUSTEE): $2,235,745 total reported compensation
- ANNA T NOONAN (PRESIDENT & COO/TRUSTEE): $706,548 total reported compensation
- RYAN CLOUSER MD (TRUSTEE): $517,762 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Care You Can Trust. Close to Home.
What it reported doing in 2024
Hospital services: inpatient, outpatient, and 24/7 emergency department services: cvmc has 122 licensed beds to provide for a full spectrum of inpatient, outpatient, and emergency care services. 16,458 inpatient days, more than 250,000 outpatient procedures, and 28,163 emergency room visits were recorded during fiscal year 2025. Outpatient ancillary service units make up the majority of service volume, including 42,184 radiology procedures, 555,601 lab tests, 20,524 cardiology tests, and 153,143 units of physical, occupational and speech therapy. Emergency department: the er is open 24 hours a day 365 days a year. The number of patients seen in the er in fiscal year 2025 was 28,029. The cancer treatment center provided 2,471 oncology and radiation treatments. The hospital also has been active in its outreach to central Vermont's uninsured and under insured residents.
Operating model
- Revenue model
- Other-operating. 96% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 67
- Accountability: 74
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.3%; rating input score 88
- Program expense ratio: 88.7%; rating input score 89
- Fundraising efficiency: $5.35 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 17th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 69.7%; rating input score 70; 14th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 63.6%; rating input score 64; 18th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.6%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0.57; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0.51; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 1.2%; rating input score 71; 71st percentile among comparable filings
Growth
- Program expense growth: 5.6% per year; rating input score 100; 46th percentile among comparable filings
- Revenue growth: 5.5% per year; rating input score 100; 47th percentile among comparable filings
- Asset growth: 1.8% per year; rating input score 100; 14th percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 88.3% of revenue deployed · 88.7% of spending went to programs
- Governance: 7 of 11 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $294.5M in reported program spending
- Leadership: top reported pay $2.2M · 23 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $20.9M reported
- Consistency: 36 of 37 current checks pass · 1 finding to review
- Schedules: 10 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 13 filed money-flow records
- Related organizations: 26 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 23/100.
- Moderate — Sustainability: Operating margin scored 35/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- Review — Accountability: Governance controls: CEO compensation review process not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.