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Southwestern Vermont Health CARE Corporation

Bennington, VT · EIN 03-0179435 · 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

Southwestern Vermont Health CARE Corporation reported $14.3 million in revenue and $4.5 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $79.46 went to program services, $20.54 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 72.5% of the total. The highest compensation it reported for one person was $1,097,619 (TRUSTEE). 1 person received more than $100,000 in reportable compensation. Revenue rose 125% 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 $4.5M

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 $14M

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)
79.5%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
20.5%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
27.4%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,097,619$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
24.53%1.34%
People paid over $100,000
Part VII, line 2
127
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
230.86.6
Independent voting board members
Part VI 1a–1b
16 of 2188.9%

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
$3.6M expenses · 100.0% of program spending · revenue $6.1M

Southwestern Vermont Health Care corporation manages and maintains medical office buildings in bennington, manchester, wilmington, pownal and west dover in vermont as well as hoosick falls, new york and williamstown, massachusetts

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
TRUSTEE
Director/trustee, 1.00 hrs/week
$0$1,051,727$45,892$1,097,619
TRUSTEE
Director/trustee, 1.00 hrs/week
$0$1,016,111$54,138$1,070,249
CEO
Director/trustee, officer, 1.00 hrs/week
$0$665,360$141,489$806,849
CFO/TREASURER
Officer, 9.00 hrs/week
$0$381,669$3,790$385,459
TRUSTEE
Director/trustee, 1.00 hrs/week
$0$321,078$49,813$370,891
FORMER OFFICER
Former, 0.00 hrs/week
$0$273,404$201$273,605
PHYSICAL THERAPIST
Highest compensated employee, 40.00 hrs/week
$111,671$0$39,183$150,854
TRUSTEE
Director/trustee, 1.00 hrs/week
$0$133,864$9,182$143,046

1 people received more than $100,000 in reportable compensation from Southwestern Vermont Health CARE Corporation (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$14M$4.5M79.5%$86M$1,097,619
FY2024 ⓘ$16M$3.7M91.3%$79M$1,084,408
FY2023 ⓘ$5.7M$3.7M88.4%$79M$1,747,038
FY2022 ⓘ$7.7M$3.6M87.8%$65M$949,147
FY2021 ⓘ$14M$3.3M94.3%$78M$858,402
FY2020 ⓘ$6.4M$3.5M84.0%$70M$823,675

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–1b21 · 16 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 2Yes
  • 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 4No
  • 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 529

Private foundation grants it received

3 private foundations reported grants to Southwestern Vermont Health CARE Corporation totaling $139K 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 Southwestern Vermont Health CARE Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Southwestern Vermont Health CARE Corporation, you can publish a response that is linked from this page.

Questions people ask

How much of Southwestern Vermont Health CARE Corporation's spending goes to programs?

In the fiscal year ending September 30, 2025, Southwestern Vermont Health CARE Corporation reported that 79.5% of its $4.5 million in expenses went to program services, 20.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Southwestern Vermont Health CARE Corporation pay its top executive?

The largest total compensation Southwestern Vermont Health CARE Corporation reported for one person in the fiscal year ending September 30, 2025 was $1,097,619, for the role of TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Southwestern Vermont Health CARE Corporation get its money?

Of $14.3 million in revenue in the fiscal year ending September 30, 2025, 0.0% came from contributions and grants and 27.4% from program service revenue (Form 990, Part VIII).

Is Southwestern Vermont Health CARE Corporation a registered charity?

The IRS lists EIN 03-0179435 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 202612159349300186 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202512249349302326 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202432279349302678 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202312409349300896 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202212139349300341 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202142259349301724 · read the filing

All filings for EIN 03-0179435: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.