Totals
- Total revenue
- $389,413,764
- Total expenses
- $360,325,867
- Contributions and grants received
- $4,611,588
- Grants paid
- $629,085
- Program service revenue
- $378,122,148
- Investment income
- $7,029,539
- Other revenue
- -$349,511
- Total assets, end of year
- $440,486,246
- Total liabilities, end of year
- $103,097,478
- Net assets or fund balances, end of year
- $337,388,768
- Program services expenses (Part IX)
- $280,965,545
- Management and general expenses
- $78,875,824
- Fundraising expenses
- $484,498
- Program service expenses (Part III)
- $280,965,545
Program services were 78.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$88,328
-
1e · Government grants (contributions)
$1,714,375
-
1f · All other contributions, gifts and grants
$2,808,885
-
2a · Program service revenue: Net Patient Service Revenue
total $353,290,478 · related or exempt $353,290,478
-
2b · Program service revenue: Pharmacy
total $19,342,403 · related or exempt $15,766,047 · unrelated business $3,576,356
-
2c · Program service revenue: Lab & Screening Services
total $3,016,038 · related or exempt $2,255,872 · unrelated business $760,166
-
2d · Program service revenue: Other Revenue
total $1,384,289 · related or exempt $1,384,289
-
2e · Program service revenue: Cafeteria
total $1,088,940 · excluded $1,088,940
-
3 · Investment income
total $6,997,501 · excluded $6,997,501
-
6a · Gross rents
real property $201,091
-
6b · Less rental expenses
real property $512,888
-
6c · Rental income or loss
real property -$311,797
-
6d · Net rental income or loss
total -$311,797 · excluded -$311,797
-
7a · Gross sales of assets other than inventory
securities $7,087,397 · other assets $218,700
-
7b · Less cost or other basis and sales expenses
securities $7,016,528 · other assets $257,531
-
7c · Gain or loss
securities $70,869 · other assets -$38,831
-
7d · Net gain or loss
total $32,038 · excluded $32,038
-
8a · Fundraising events: gross income
$27,975
-
8a · Fundraising events: contributions included on line 1c
$88,328
-
8b · Fundraising events: direct expenses
$68,745
-
8c · Net income from fundraising events
total -$40,770 · excluded -$40,770
-
9a · Gaming: gross income
$925
-
9b · Gaming: direct expenses
$462
-
9c · Net income from gaming
total $463 · excluded $463
-
10a · Gross sales of inventory
$135,894
-
10b · Cost of goods sold
$133,301
-
10c · Net income from sales of inventory
total $2,593 · excluded $2,593
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $629,085 · program services $629,085
-
5 · Compensation of officers, directors and key employees
total $4,852,449 · program services $4,267,233 · management and general $575,108 · fundraising $10,108
-
7 · Other salaries and wages
total $143,262,189 · program services $125,984,491 · management and general $16,979,288 · fundraising $298,410
-
8 · Pension plan contributions
total $5,874,399 · program services $5,165,935 · management and general $696,228 · fundraising $12,236
-
9 · Other employee benefits
total $23,682,964 · program services $20,826,753 · management and general $2,806,880 · fundraising $49,331
-
10 · Payroll taxes
total $9,399,336 · program services $8,265,758 · management and general $1,114,000 · fundraising $19,578
-
11b · Fees: legal
total $470,597 · management and general $470,597
-
11c · Fees: accounting
total $264,262 · management and general $264,262
-
11d · Fees: lobbying
total $75,566 · management and general $75,566
-
11f · Fees: investment management
total $180,293 · management and general $180,293
-
11g · Fees: other
total $43,309,085 · program services $26,893,444 · management and general $16,350,668 · fundraising $64,973
-
12 · Advertising and promotion
total $333,079 · program services $167,291 · management and general $165,788
-
13 · Office expenses
total $1,417,047 · program services $711,723 · management and general $705,324
-
14 · Information technology
total $5,896,934 · program services $2,954,634 · management and general $2,928,068 · fundraising $14,232
-
16 · Occupancy
total $4,724,567 · program services $2,630,553 · management and general $2,094,014
-
19 · Conferences, conventions and meetings
total $621,906 · program services $312,357 · management and general $309,549
-
20 · Interest
total $1,308,984 · program services $1,131,423 · management and general $176,928 · fundraising $633
-
22 · Depreciation, depletion and amortization
total $13,006,461 · program services $11,242,157 · management and general $1,758,015 · fundraising $6,289
-
23 · Insurance
total $3,607,821 · program services $1,807,683 · management and general $1,791,430 · fundraising $8,708
-
24a · Other expenses: Medical Supplies
total $58,325,172 · program services $58,316,420 · management and general $8,752
-
24b · Other expenses: Medicaid Tax Assessment
total $19,964,733 · management and general $19,964,733
-
24c · Other expenses: Other Expenses
total $18,549,259 · program services $9,658,605 · management and general $8,890,654
-
24d · Other expenses: Unrelated Business Inco
total $569,679 · management and general $569,679
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,555 · end of year $6,409
-
2 · Savings and temporary cash investments
beginning of year $21,196,730 · end of year $19,137,698
-
3 · Pledges and grants receivable
beginning of year $402,012 · end of year $433,622
-
4 · Accounts receivable
beginning of year $36,344,983 · end of year $38,647,228
-
8 · Inventories for sale or use
beginning of year $3,207,024 · end of year $3,022,696
-
9 · Prepaid expenses and deferred charges
beginning of year $4,009,729 · end of year $4,797,505
-
10a · Land, buildings and equipment: cost or other basis
$338,577,396
-
10b · Land, buildings and equipment: accumulated depreciation
$235,460,468
-
10c · Land, buildings and equipment, net
beginning of year $97,540,703 · end of year $103,116,928
-
11 · Investments: publicly traded securities
beginning of year $208,933,244 · end of year $227,765,794
-
14 · Intangible assets
beginning of year $6,444,622 · end of year $5,359,784
-
15 · Other assets
beginning of year $24,474,486 · end of year $38,198,582
-
17 · Accounts payable and accrued expenses
beginning of year $27,103,315 · end of year $31,641,803
-
20 · Tax-exempt bond liabilities
beginning of year $7,466,440 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $31,238,626 · end of year $29,987,951
-
25 · Other liabilities
beginning of year $46,163,342 · end of year $41,467,724
-
27 · Net assets without donor restrictions
beginning of year $286,296,576 · end of year $332,358,985
-
28 · Net assets with donor restrictions
beginning of year $4,291,789 · end of year $5,029,783
Mission and programs · 2024
Mission
RRMC provides high-quality hospital and specialty care for all through the strength and compassion of our people.Our Mission: RRMC provides high-quality hospital and specialty care for all through the strength and compassion of our people.Our Vision: RRMC excels at meeting the needs of those RRMC serves as the preferred healthcare provider and employer.Our Values: Excellence - RRMC strives to achieve the highest standards of quality and performance in everything RRMC does. Professionalism - RRMC acts with integrity and respect and hold each other accountable for everything RRMC does. Innovation - RRMC seeks opportunities to continuously improve and adapt to the ever-changing healthcare environment. Collaboration - RRMC creates a diverse and inclusive community and work together as a team to fulfill our mission. Compassion - RRMC provides empathetic, patient-centered, and equitable care by acting with kindness, dignity, and respect.
Activities or mission (Part I)
RRMC provides high-quality hospital and specialty care for all.
-
Ancillary Care. Ancillary care services include Operating Room, Emergency Room, Physical Rehabilitation, Anesthesiology, Oncology, Pulmonary, Respiratory, Physical Therapy, Cardiac Cath, Endoscopy, Ambulatory, Delivery, Radiation, Psychiatric Counseling, Occupational Therapy, Recovery, HIV Clinic, and Speech Therapy.Rutland Regional Medical Center FY 2024 Community Benefits Report: Rutland Regional Medical Center is committed to providing superior, integrated, diagnostic, therapeutic and preventative health services and to promoting overall community health and well-being. Community benefits are the activities and services Rutland Regional engages in and supports that go beyond the routine patient care services. Documenting these efforts is a part of what differentiates tax-exempt from taxable health care organizations.Free and Discounted Care Rutland Regional provides low and no-cost care for eligible residents of our area through a financial assistance program. The free care provision for 2025 totaled $11,750,570. RRMC is addressing the key issues that have the most significant impact on the community health and well-being, which include the following:Clinical Care- Continuing to address the drug problem in the community through mental health and substance abuse services for adults and youth, including treatment, aftercare and prevention.- Continuing to improve access to care for all community members by continuing focused provider recruitment and retention activities.Healthy Behaviors- Improving and promoting healthy choices and activities to support a healthy community in which to live and raise a family, by supporting and promoting life skills development for and by youth, and physical activity and healthy eating by adults and youth.Social & Economic Determinants- Improving the health and well-being of the community, making it an attractive place to live and work.Physical Environment- Improving infrastructure to support a healthy community with access to work, recreational opportunities and services.For more details on these activities and the work performed by Rutland Regional with community partners, please review the progress report on http://www.rrmc.org/about/community-health-needs-assessment/.In addition to these activities, Rutland Regional is now required by federal regulations to conduct a community needs assessment every three years. The Rutland County Health Needs Assessment Steering Committee worked hard to be inclusive, both in the information collected and reviewed, and by broadly requesting input from around our communities. From start to finish, the assessment takes about one year to complete, and includes compilation of secondary data from other sources, collecting individual input through consumer surveys and through focus group meetings.All of the information gathered is reviewed and prioritized by a broad, community-based committee. A final report has now been published with the findings. This report is made publicly available on www.rrmc.org.The purpose of the assessment is to:- Describe the health status of the community- Identify the community's health needs- Compare the needs to those identified previously conducting assessments periodically for more than 15 years, we have seen some health indicators improve and others decline. By monitoring these changes, the committee is able to identify where additional resources are needed. Organizations, including Rutland Regional, use this important information to guide their planning. For Rutland Regional specifically, it helps with the development of new hospital services and community programs.
Expenses $135,554,695 · Revenue $182,428,895
-
Inpatient Care. Inpatient care services include Medical and Surgical, Intensive Care, Hospitalists, Psychiatric, Obstetrics and Gynecology, Nursery, and Nursing.
Expenses $52,986,625 · Revenue $71,309,160
-
Diagnostic Services. Diagnostic services include Laboratory, Radiology, Electroencephalography, and CT Scanning.
Expenses $35,722,361 · Revenue $48,074,993
-
The revenues and expenses reported on Part III, Line 4d, represent those amounts that are attributable to other program services conducted by the organization. These other services primarily represent other support services that are provided to hospital patients or that are conducted to support the overall function of the hospital, such as Central Supply and Pharmacy Services. Other services also include benefit to the community through the payment of grants to other community organizations. See Schedule I for detail regarding these grant payments.
Expenses $56,701,864 · Grants $629,085 · Revenue $76,309,100
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Denise A Clark
Chair
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Joan F Gamble
Vice Chair
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Margaret Jones
Secretary
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mark Alderman
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jill Berry Bowen RN
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Katherine Brady
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mary M Beerworth MD
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Renee Bousquet
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dick Courcelle
Director
- Total calculated
- $0
- Hours/week
- 1
-
Alison Davis MD
Director/Physician
- Total calculated
- $548,916
- From this org
- $478,267
- From related orgs
- $0
- Other
- $70,649
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $444,202
- Bonus
- $31,767
- Other
- $2,298
- Deferred
- $29,325
- Nontaxable benefits
- $41,324
- Filer's total
- $548,916
-
Michael Dimeola MD
Director/Physician
- Total calculated
- $636,778
- From this org
- $597,245
- From related orgs
- $0
- Other
- $39,533
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $542,696
- Bonus
- $52,861
- Other
- $1,688
- Deferred
- $22,425
- Nontaxable benefits
- $17,108
- Filer's total
- $636,778
-
Mark K Foley Jr
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Michael Gardner
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jessica Boutin
Director
- Total calculated
- $0
- Hours/week
- 1
-
Matt Kinsman
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Michele Nelson
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Bill Olsen
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Charlene Seward
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Sen David Weeks
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mark Bisanzo MD
Past Director
- Total calculated
- $0
- Hours/week
- 1
-
Daniel Doenges
Past Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Paul Gallo
Past Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jonathan Huntington MD
Past Director
- Total calculated
- $0
- Hours/week
- 1
-
Sara King
Past Director
- Total calculated
- $0
- Hours/week
- 1
-
Judi K Fox
President/CEO
- Total calculated
- $820,052
- From this org
- $669,193
- From related orgs
- $0
- Other
- $150,859
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $665,059
- Bonus
- $1,512
- Other
- $2,622
- Deferred
- $103,810
- Nontaxable benefits
- $47,049
- Filer's total
- $820,052
-
Jennifer A Bertrand
Chief Financial Officer
- Total calculated
- $363,019
- From this org
- $359,990
- From related orgs
- $0
- Other
- $3,029
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $358,923
- Bonus
- $0
- Other
- $1,067
- Deferred
- $1,725
- Nontaxable benefits
- $1,304
- Filer's total
- $363,019
-
Jonathan Reynolds
VP Clinical Services
- Total calculated
- $383,964
- From this org
- $322,154
- From related orgs
- $0
- Other
- $61,810
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $313,189
- Bonus
- $8,250
- Other
- $715
- Deferred
- $14,951
- Nontaxable benefits
- $46,859
- Filer's total
- $383,964
-
Mitchell E Baroody
VP Chief Legal Officer
- Total calculated
- $371,857
- From this org
- $316,943
- From related orgs
- $0
- Other
- $54,914
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $316,281
- Bonus
- $0
- Other
- $662
- Deferred
- $14,920
- Nontaxable benefits
- $39,994
- Filer's total
- $371,857
-
Kelly O Watson
VP Chief Nursing Officer
- Total calculated
- $353,553
- From this org
- $298,544
- From related orgs
- $0
- Other
- $55,009
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $297,868
- Bonus
- $0
- Other
- $676
- Deferred
- $13,790
- Nontaxable benefits
- $41,219
- Filer's total
- $353,553
-
Elizabeth A Kyhill
VP Medical Group Operations
- Total calculated
- $281,857
- From this org
- $266,652
- From related orgs
- $0
- Other
- $15,205
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $242,818
- Bonus
- $314
- Other
- $23,520
- Deferred
- $12,023
- Nontaxable benefits
- $3,182
- Filer's total
- $281,857
-
Laura Galster
VP Strategic Planning & IT Services
- Total calculated
- $246,731
- From this org
- $195,032
- From related orgs
- $0
- Other
- $51,699
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $194,645
- Bonus
- $0
- Other
- $387
- Deferred
- $9,190
- Nontaxable benefits
- $42,509
- Filer's total
- $246,731
-
Rick Hildebrant MD
Chief Medical Information Officer
- Total calculated
- $495,187
- From this org
- $425,843
- From related orgs
- $0
- Other
- $69,344
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $411,909
- Bonus
- $12,992
- Other
- $942
- Deferred
- $22,425
- Nontaxable benefits
- $46,919
- Filer's total
- $495,187
-
Brian Kerns
Past VP Human Resources
- Total calculated
- $350,535
- From this org
- $290,241
- From related orgs
- $0
- Other
- $60,294
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $273,606
- Bonus
- $0
- Other
- $16,635
- Deferred
- $13,463
- Nontaxable benefits
- $46,831
- Filer's total
- $350,535
-
Eric Marsh MD
Orthopedics
- Total calculated
- $1,313,653
- From this org
- $1,253,528
- From related orgs
- $0
- Other
- $60,125
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $593,939
- Bonus
- $658,071
- Other
- $1,518
- Deferred
- $29,325
- Nontaxable benefits
- $30,800
- Filer's total
- $1,313,653
-
Melbourne D Boynton MD
Orthopedic Surgeon
- Total calculated
- $1,272,308
- From this org
- $1,201,297
- From related orgs
- $0
- Other
- $71,011
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $745,864
- Bonus
- $424,909
- Other
- $30,524
- Deferred
- $36,225
- Nontaxable benefits
- $34,786
- Filer's total
- $1,272,308
-
Lindsay Kleeman-Forsthuber MD
Orthopedics
- Total calculated
- $1,076,180
- From this org
- $1,012,606
- From related orgs
- $0
- Other
- $63,574
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $550,352
- Bonus
- $461,705
- Other
- $549
- Deferred
- $22,425
- Nontaxable benefits
- $41,149
- Filer's total
- $1,076,180
-
Michael Robertello MD
Cardiology
- Total calculated
- $1,019,338
- From this org
- $941,962
- From related orgs
- $0
- Other
- $77,376
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $512,853
- Bonus
- $392,647
- Other
- $36,462
- Deferred
- $36,025
- Nontaxable benefits
- $41,351
- Filer's total
- $1,019,338
-
Veronika Jedlovszky MD
Physician/Medical Director
- Total calculated
- $961,712
- From this org
- $898,000
- From related orgs
- $0
- Other
- $63,712
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $432,811
- Bonus
- $440,077
- Other
- $25,112
- Deferred
- $22,425
- Nontaxable benefits
- $41,287
- Filer's total
- $961,712
-
Roger F Wakeman
Former VP Support Services
- Total calculated
- $187,242
- From this org
- $171,155
- From related orgs
- $0
- Other
- $16,087
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $169,561
- Bonus
- $0
- Other
- $1,594
- Deferred
- $7,735
- Nontaxable benefits
- $8,352
- Filer's total
- $187,242
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 4b
- Judi Fox, President/CEO partcipated in a 457(f) supplemental retirement agreement (SERP) during the calendar year. For the 2024 calendar year, which falls within FY2025, a contribution of $67,616 was made to Ms. Fox's plan.
- Part I, Line 7
- Physicians earn bonuses based upon their productivity against established targets. Increased productivity is directly related to increased revenues for the organization.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$68,964
Comm Health Improvement
-
Comm Health Improvement
-
Comm Health Improvement
-
$46,334
Comm Health Improvement
-
Comm Health Improvement
-
$39,150
Comm Health Improvement
-
$30,000
Comm Health Improvement
-
$29,561
Comm Health Improvement
-
$28,428
Comm Health Improvement
-
Rutland United Methodist Church
$25,000
Comm Health Improvement
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Rutland Regional Health Services Inc
501(c)(3) · Holding Co · VT
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
Elder Care · VT
-
Elder Care · VT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 August 2026
- IRS schema version
- 2024v5.5
- Source object
- 202642239349301249
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.