Southwestern Vermont Health Care Auxiliary

Nonprofit profile at a glance

EIN
222563243
IRS 990-EZ coverage
2009–2021
Forms available
Form 990 2020, Form 990-EZ 2021, Form 990-T 2020
Location
Bennington, VT, USA
Phone
8024426361
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Hospital, General

Official website

Reported finances

Revenue
$116,731
Expenses
$175,753
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • NANCY WHITTEN (VICE PRESIDENT (THRU 5/2022))
  • THOMAS A DEE (CEO/TRUSTEE (THRU 5/2022))

People named in this filing

  • NANCY WHITTEN (VICE PRESIDENT (THRU 5/2022))
  • BEVERLY PETRELIS (TRUSTEE (THRU 5/2022))
  • MARGORIE ROBINSON (TRUSTEE (THRU 5/2022))

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To serve and assist southwestern Vermont health care corporation and its not-for-profit subsidiaries in promoting the health and welfare of the community and to conduct various philanthropic activities for southwestern Vermont medical center. This entity dissolved as of 05/26/2022.

What it reported doing in 2021

Entity was dissolved 05/26/2022 and the revenue and operating expenses were absorbed by svmc.

Operating model

Revenue model
Earned-program. 100% 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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 76
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 2nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -50.6%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: -4.8% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: -5.7% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -8.9% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $176K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2009 to 2021
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 12 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 — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.