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Central Vermont Medical Center

Berlin, VT · EIN 22-2547186 · 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

Central Vermont Medical Center reported $334.1 million in revenue and $332.2 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $88.66 went to program services, $11.26 to management and general costs and $0.08 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.3% of the total. The highest compensation it reported for one person was $2,235,745 (TRUSTEE). 218 people received more than $100,000 in reportable compensation. Revenue rose 41% 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 $332M

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 $334M

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)
88.7%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
11.3%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.1%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.19$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.4%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.3%0.1%
Program service revenue share
Part VIII 2g ÷ 12
98.3%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,235,745$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.67%1.34%
People paid over $100,000
Part VII, line 2
21827
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
3.46.6
Independent voting board members
Part VI 1a–1b
7 of 1188.9%

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
$185M expenses · 62.9% of program spending · grants $207K · revenue $251M

Hospital services: inpatient, outpatient, and 24/7 emergency department services: cvmc has 122 licensed beds to provide for a full spectrum of inpatient, outpatient, and emergency care services. 16,458 inpatient days, more than 250,000 outpatient procedures, and 28,163 emergency room visits were recorded during fiscal year 2025. Outpatient ancillary service units make up the majority of service volume, including 42,184 radiology procedures, 555,601 lab tests, 20,524 cardiology tests, and 153,143 units of physical, occupational and speech therapy. Emergency department: the er is open 24 hours…

$84M expenses · 28.4% of program spending · revenue $50M

Medical group practices: at the end of the fiscal year we had 25 primary care, infirmary, and specialty practices. This included 10 primary and family care clinics, 1 pediatric clinic, as well as specialty clinics for urology, cardiology, podiatry, rheumatology, ent, endocrinology, orthopaedics, psychology, and obstetrics/ gynecology. There were a total of 613,433 practice visits during fiscal year 2025

$26M expenses · 8.8% of program spending · grants $2,000 · revenue $27M

Woodridge rehab & nursing is a medicare-certified 153-licensed bed skilled nursing facility located on the campus of Central Vermont Medical Center. Approximately two-thirds of the facilities beds are dedicated to long term care, including palliative care/end of life care and the other one-third provide short term rehabilitation therapy and post-acute care for a great variety of medical care categories, including pain management and wound care. The facility provides "person-centered", round the clock nursing care and social services support complementing daily, robust activities programs…

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, 3.0 hrs/week
$0$2,009,470$226,275$2,235,745
PRESIDENT & COO/TRUSTEE
Director/trustee, officer, 45.0 hrs/week
$594,284$0$112,264$706,548
TRUSTEE
Director/trustee, 45.0 hrs/week
$0$457,653$60,109$517,762
TRUSTEE (AS OF 3/2025)
Director/trustee, 1.0 hrs/week
$0$406,794$56,828$463,622
TREASURER, CFO
Officer, 50.0 hrs/week
$331,379$0$43,401$374,780
VP SUPPORT SERVICES
Key employee, 50.0 hrs/week
$320,082$0$36,205$356,287
TRUSTEE (UNTIL 2/2025)
Director/trustee, 45.0 hrs/week
$0$284,847$53,807$338,654
VP PATIENT CARE SERVICES
Key employee, 50.0 hrs/week
$301,043$0$34,706$335,749

218 people received more than $100,000 in reportable compensation from Central Vermont Medical Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.1M (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$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$334M$332M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$334M$332M88.7%$93M$2,235,745
FY2024 ⓘ$320M$324M90.2%$89M$2,147,061
FY2023 ⓘ$274M$291M90.6%$70M$1,855,999
FY2022 ⓘ$266M$277M91.7%$91M$2,165,068
FY2021 ⓘ$252M$247M92.7%$121M$1,724,119
FY2020 ⓘ$238M$234M95.9%$93M$1,994,073

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–1b11 · 7 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 15aNo
  • 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 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 51,844
  • Volunteers Part I, line 6129

Private foundation grants it received

1 private foundation reported grants to Central Vermont Medical Center totaling $15,000 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 Central Vermont Medical 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 Central Vermont Medical Center, you can publish a response that is linked from this page.

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Questions people ask

How much of Central Vermont Medical Center's spending goes to programs?

In the fiscal year ending September 30, 2025, Central Vermont Medical Center reported that 88.7% of its $332.2 million in expenses went to program services, 11.3% to management and general and 0.1% to fundraising (Form 990, Part IX).

How much does Central Vermont Medical Center pay its top executive?

The largest total compensation Central Vermont Medical Center reported for one person in the fiscal year ending September 30, 2025 was $2,235,745, for the role of TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Central Vermont Medical Center get its money?

Of $334.1 million in revenue in the fiscal year ending September 30, 2025, 0.4% came from contributions and grants (including 0.3% from government grants) and 98.3% from program service revenue (Form 990, Part VIII).

Is Central Vermont Medical Center a registered charity?

The IRS lists EIN 22-2547186 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 202622259349300542 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202502269349302900 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202432279349301843 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302269349301645 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202232249349301613 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122289349301912 · read the filing

All filings for EIN 22-2547186: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.