Northwestern Medical Center
Nonprofit profile at a glance
- EIN
- 030266986
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- St Albans, VT, USA
- Phone
- 8025245911
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $146,626,057
- Expenses
- $148,271,216
- Assets
- $184,617,783
- Liabilities
- $45,950,707
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- John Cassavant (Immediate Past President)
- Barbara Toof (President)
- Corey Parent (Vice President)
- Peter Wright (CEO)
Highest reported compensation
- Dr Lawrence Sullivan (Physician): $843,342 total reported compensation
- Dr Robert Beattie (Orthopedic Surgeon): $698,936 total reported compensation
- Dr Gregory Brophey (Ophthalmologist): $653,901 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Northwestern Medical Center's mission is to provide exceptional healthcare for our community.
What it reported doing in 2024
Charity Care - The Hospital provides care to patients who meet certain criteria under its charity care policy. Because the Hospital does not pursue collection or amounts determined to qualify as charity care they are not reported in revenue. The Hospital maintains records to identify and monitor the level of charity care it provides. The records include the amount of charges foregone for services and supplies furnished under its charity care policy, the estimated cost of those services and supplies and equivalent service statistics. The following information measures the level of charity care provided during the year ended September 30, 2025.See continuation on Schedule O. Estimated costs and expenses incurred to provide charity care: $741,000Number of charity care patients served: 1,182The Hospital provides health care services to residents of St. Albans, Vermont, and the surrounding area, without regard to the individual's ability to pay for their services.
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some related-organization disclosures are missing.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 85
- Accountability: 100
- Sustainability: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.6%; rating input score 81
- Program expense ratio: 80.9%; rating input score 81
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 94.1%; rating input score 94; 28th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: No; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: -1.1%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 1.25; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0.25; rating input score 62; 62nd percentile among comparable filings
- Officer compensation ratio: 2.8%; rating input score 41; 41st percentile among comparable filings
Growth
- Program expense growth: 3.6% per year; rating input score 100; 27th percentile among comparable filings
- Revenue growth: 3.5% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: 4.3% per year; rating input score 100; 30th percentile among comparable filings
Details
- Where the money goes: 80.6% of revenue deployed · 80.9% of spending went to programs
- Governance: 11 of 11 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $120M in reported program spending
- Leadership: top reported pay $843K · 18 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $10.6M reported
- Consistency: 39 of 40 current checks pass · 1 finding to review
- Schedules: 11 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: 8 filed money-flow records
- Related organizations: 2 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 22/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- Moderate — Sustainability: Officer compensation ratio scored 41/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.