Vermont Catholic Charities Inc

Nonprofit profile at a glance

EIN
030181216
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
So Burlington, VT, USA
Phone
8026586111
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations
Affiliation
Christianity

Official website

Reported finances

Revenue
$7,821,254
Expenses
$7,687,417
Assets
$12,508,552
Liabilities
$524,849

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • BISHOP JOHN J MCDERMOTT (PRESIDENT)
  • MARY BETH PINARD (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MARY BETH PINARD (EXECUTIVE DIRECTOR): $161,999 total reported compensation
  • BISHOP JOHN J MCDERMOTT (PRESIDENT): $46,507 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Vermont catholic charities, inc. (vcci) is a statewide social services agency which has been providing services to the young and elderly, individuals, and families, and the imprisoned of all faiths since 1929. Programs include emergency aid (continues in schedule o). (continued), residential care homes and counseling services.

What it reported doing in 2024

The emergency aid program provides financial and emotional help to individuals and families throughout Vermont experiencing a crisis. The top three categories of aid provided were food, housing (back rent/security deposits) and utility bills (electric, fuel/heating). The emergency aid program meets a community need as there is not an income threshold for clients to qualify for assistance. This means households which might fall through the cracks are helped.in addition, vcci provides limited financial support to newly released inmates to help them have a chance at a new start. Assistance might include: grocery cards, back rent or security deposits, and outstanding utility or fuel bills for those facing (continues in schedule o). (continued) shut offs. Vcci also offers case management to clients where they learn how to navigate through systems and community resources. The goal is to empower clients through education, advocacy, and networking to improve their ability to be self-sufficient. Vcci's emergency aid program served 2209 children and adults.for 30 years, vcci has provided financial help to individuals and families during the holiday season through the advent appeal. In december 2024, 1102 children and adults received food cards, gift cards, fuel/utility assistance, or help with back rent. The purpose of Vermont catholic charities 2023-2024 flood relief grants was to provide financial support to those impacted by the floods. Grant awards to long term recovery groups helped provide funds to assist communities throughout Vermont with their direct recovery, ensuring that most basic needs could be met, such as housing, food, and heat.

Operating model

Revenue model
Earned-program. 90% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 97% 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 68
  • Accountability: 84
  • Sustainability: 52
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94%; rating input score 94
  • Program expense ratio: 94.4%; rating input score 94
  • Fundraising efficiency: $40.12 raised per $1 spent on fundraising; rating input score 75; 75th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 13th 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: 98%; rating input score 98; 34th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.7%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 1.63; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 72; 72nd percentile among comparable filings
  • Officer compensation ratio: 2.2%; rating input score 75; 75th percentile among comparable filings

Growth

  • Program expense growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
  • Revenue growth: 2.7% per year; rating input score 100; 25th percentile among comparable filings
  • Asset growth: 2.6% per year; rating input score 100; 22nd percentile among comparable filings

Details

  • Where the money goes: 94% of revenue deployed · 94.4% of spending went to programs
  • Governance: 5 of 5 board members independent · 5 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $7.3M in reported program spending
  • Leadership: top reported pay $162K · 6 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $130K reported
  • Consistency: 34 of 35 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.