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Carlos G Otis Health Care Center

Also known as Grace Cottage Hospital

Townshend, VT · EIN 03-0177161 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Carlos G Otis Health Care Center reported $39.9 million in revenue and $39.8 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $92.24 went to program services, $6.82 to management and general costs and $0.94 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.2% of the total. The highest compensation it reported for one person was $427,091 (CEO (end 06/2024)). 51 people received more than $100,000 in reportable compensation. Revenue rose 45% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $40M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $40M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
92.2%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
6.8%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.9%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.24$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
3.8%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.7%0.1%
Program service revenue share
Part VIII 2g ÷ 12
96.2%93.7%
Highest reported compensation
Part VII-A, columns D–F
$427,091$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.07%1.34%
People paid over $100,000
Part VII, line 2
5127
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
6.36.6
Independent voting board members
Part VI 1a–1b
12 of 1388.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$37M expenses · 100.0% of program spending · revenue $38M

Grace Cottage Hospital is a critical access hospital offering 24-hour emergency services, inpatient acute and skilled care, 24-hour diagnostic imaging services, a full-service laboratory, a pharmacy, a variety of outpatient medical care services, including physical therapy, occupational therapy, and speech therapy, and a rural health clinic providing primary care and psychiatric services. Please refer to this Form 990, Schedule H, for additional information regarding the Hospital's patient services and community benefits

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO (end 06/2024)
Officer, 40.00 hrs/week
$393,836$0$33,255$427,091
CFO
Officer, 44.52 hrs/week
$338,258$0$39,005$377,263
Trustee (start 12/24)/Physician
Director/trustee, 43.77 hrs/week
$264,715$0$56,026$320,741
Physician
Highest compensated employee, 33.15 hrs/week
$262,480$0$35,703$298,183
PA-C (Physician Assistant)
Highest compensated employee, 42.62 hrs/week
$240,633$0$35,070$275,703
Trustee (end 12/24)/Physician
Director/trustee, 37.62 hrs/week
$239,105$0$36,103$275,208
Physician
Highest compensated employee, 35.79 hrs/week
$219,473$0$50,912$270,385
Physician
Highest compensated employee, 30.79 hrs/week
$228,730$0$9,820$238,550

51 people received more than $100,000 in reportable compensation from Carlos G Otis Health Care Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$40M$40M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$40M$40M92.2%$21M$427,091
FY2024 ⓘ$38M$40M91.0%$16M$423,291
FY2023 ⓘ$34M$35M90.8%$15M$373,150
FY2022 ⓘ$31M$32M90.6%$15M$389,901
FY2021 ⓘ$31M$27M90.1%$16M$376,598
FY2020 ⓘ$27M$26M90.3%$12M$336,748

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 12 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5286
  • Volunteers Part I, line 621

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
EM Staff
Staffing solutions
$372,049
LaVallee Brensinger Architects
Architectural Services
$283,935
Host Healthcare
Temporary Agency Staffing
$259,776
Cerner Corporation
Hardware and software support
$255,998

Individuals listed as contractors are left out. 15 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Carlos G Otis Health Care Center totaling $69,912 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Carlos G Otis Health Care Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Carlos G Otis Health Care Center, you can publish a response that is linked from this page.

Similar-sized charities in this cause

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Questions people ask

How much of Carlos G Otis Health Care Center's spending goes to programs?

In the fiscal year ending September 30, 2025, Carlos G Otis Health Care Center reported that 92.2% of its $39.8 million in expenses went to program services, 6.8% to management and general and 0.9% to fundraising (Form 990, Part IX).

How much does Carlos G Otis Health Care Center pay its top executive?

The largest total compensation Carlos G Otis Health Care Center reported for one person in the fiscal year ending September 30, 2025 was $427,091, for the role of CEO (end 06/2024) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Carlos G Otis Health Care Center get its money?

Of $39.9 million in revenue in the fiscal year ending September 30, 2025, 3.8% came from contributions and grants (including 0.7% from government grants) and 96.2% from program service revenue (Form 990, Part VIII).

Is Carlos G Otis Health Care Center a registered charity?

The IRS lists EIN 03-0177161 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202612269349301926 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202502249349300800 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202422269349300747 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202342239349300319 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202212249349300111 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122259349300912 · read the filing

All filings for EIN 03-0177161: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.