Form 990 for tax year 2023
Filed by ONECARE VERMONT ACCOUNTABLE CARE ORGANIZATION LLC.
Totals
- Total revenue
- $22,402,302
- Total expenses
- $21,807,451
- Contributions and grants received
- $0
- Grants paid
- $77,135
- Program service revenue
- $21,076,338
- Investment income
- $1,325,964
- Other revenue
- $0
- Total assets, end of year
- $58,323,297
- Total liabilities, end of year
- $49,847,793
- Net assets or fund balances, end of year
- $8,475,504
- Program services expenses (Part IX)
- $16,537,912
- Management and general expenses
- $5,269,539
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $16,537,912
Program services were 75.8% 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.
-
2a · Program service revenue: PROGRAM REVENUES
total $3,106,245 · related or exempt $3,106,245
-
2b · Program service revenue: PARTICIPATION FEES
total $17,920,093 · related or exempt $17,920,093
-
2c · Program service revenue: SETTLEMENT INCOME
total $50,000 · related or exempt $50,000
-
3 · Investment income
total $1,325,964 · related or exempt $0 · unrelated business $0 · excluded $1,325,964
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
7d · Net gain or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0 · unrelated business $0 · excluded $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $77,135 · program services $77,135
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $2,112,503 · program services $900,652 · management and general $1,211,851 · fundraising $0
-
6 · Compensation of disqualified persons
total $185,228 · program services $185,228 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $3,627,024 · program services $2,772,885 · management and general $854,139 · fundraising $0
-
8 · Pension plan contributions
total $52,909 · program services $37,796 · management and general $15,113 · fundraising $0
-
9 · Other employee benefits
total $741,329 · program services $535,810 · management and general $205,519 · fundraising $0
-
10 · Payroll taxes
total $64,116 · program services $45,802 · management and general $18,314 · fundraising $0
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $530,013 · program services $69,184 · management and general $460,829 · fundraising $0
-
11c · Fees: accounting
total $1,009,374 · program services $0 · management and general $1,009,374 · fundraising $0
-
11d · Fees: lobbying
total $53,850 · program services $0 · management and general $53,850 · fundraising $0
-
11e · Fees: professional fundraising services
total $0 · fundraising $0
-
11f · Fees: investment management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11g · Fees: other
total $2,905,663 · program services $2,461,422 · management and general $444,241 · fundraising $0
-
12 · Advertising and promotion
total $2,611 · program services $653 · management and general $1,958 · fundraising $0
-
13 · Office expenses
total $161,549 · program services $65,841 · management and general $95,708 · fundraising $0
-
14 · Information technology
total $1,501,329 · program services $1,465,985 · management and general $35,344 · fundraising $0
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $62,484 · program services $14,352 · management and general $48,132 · fundraising $0
-
17 · Travel
total $40,554 · program services $17,018 · management and general $23,536 · fundraising $0
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $29,435 · program services $11,597 · management and general $17,838 · fundraising $0
-
20 · Interest
total $0 · program services $0 · management and general $0 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $7,079 · program services $1,626 · management and general $5,453 · fundraising $0
-
23 · Insurance
total $235,402 · program services $9,820 · management and general $225,582
-
24a · Other expenses: POPUL. HEALTH PROVIDER PYMTS
total $7,865,106 · program services $7,865,106 · management and general $0 · fundraising $0
-
24b · Other expenses: GREEN MTN CARE BOARD ASSESSMNT
total $542,758 · program services $0 · management and general $542,758 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $33,497,335 · end of year $32,314,222
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $23,182,026 · end of year $25,732,709
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $406,578 · end of year $258,669
-
10a · Land, buildings and equipment: cost or other basis
$59,502
-
10b · Land, buildings and equipment: accumulated depreciation
$41,805
-
10c · Land, buildings and equipment, net
beginning of year $24,775 · end of year $17,697
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $47,129,842 · end of year $47,927,702
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $2,100,219 · end of year $1,920,091
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $7,880,653 · end of year $8,475,504
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2023
Mission
ONECARE PARTNERS WITH LOCAL HEALTH CARE PROVIDERS TO TRANSFORM VERMONT'S HEALTH CARE SYSTEM TO ONE THAT FOCUSES ON HEALTH GOALS BY PROVIDING ACTIONABLE DATA AND INNOVATIVE PAYMENTS THAT FOSTER BETTER OUTCOMES FOR ALL (SEE SCHEDULE O).
Activities or mission (Part I)
ONECARE PARTNERS WITH LOCAL HEALTH CARE PROVIDERS TO TRANSFORM VERMONT'S HEALTH CARE SYSTEM TO ONE THAT FOCUSES ON HEALTH GOALS.
-
DRIVE POPULATION HEALTH STRATEGY - NETWORK PERFORMANCE MANAGEMENT (SEE SCHEDULE O).
Expenses $10,872,089 · Grants $77,135 · Revenue $17,969,950
-
IMPLEMENTATION OF ACO FINANCIAL AND CLINICAL GOALS - DATA AND ANALYTICS (SEE SCHEDULE O).
Expenses $3,678,186
-
IMPLEMENTATION OF ACO FINANCIAL AND CLINICAL GOALS - PAYMENT REFORM (SEE SCHEDULE O).
Expenses $1,987,637 · Revenue $3,106,388
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Sara BarrySARA BARRY
VP & CHIEF OPERATING OFFICER
- Total calculated
- $397,878
- From this org
- $364,012
- From related orgs
- $0
- Other
- $33,866
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $301,843
- Bonus
- $56,963
- Other
- $5,206
- Deferred
- $21,294
- Nontaxable benefits
- $12,572
- Filer's total
- $397,878
-
Thomas BorysTHOMAS BORYS
CHIEF FINANCIAL OFFICER
- Total calculated
- $338,104
- From this org
- $299,720
- From related orgs
- $0
- Other
- $38,384
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $247,340
- Bonus
- $47,634
- Other
- $4,746
- Deferred
- $17,635
- Nontaxable benefits
- $20,749
- Filer's total
- $338,104
-
Aaron PerryAARON PERRY
CHIEF LEGAL COUNSEL AS OF 1/23
- Total calculated
- $297,349
- From this org
- $264,508
- From related orgs
- $0
- Other
- $32,841
- Hours/week
- 30
Schedule J breakdown matched by us
- Base
- $193,040
- Bonus
- $56,987
- Other
- $14,481
- Deferred
- $8,589
- Nontaxable benefits
- $24,252
- Filer's total
- $297,349
-
Carrie Wulfman MDCARRIE WULFMAN MD
CHIEF MEDICAL OFFICER
- Total calculated
- $275,968
- From this org
- $240,259
- From related orgs
- $0
- Other
- $35,709
- Hours/week
- 25
Schedule J breakdown matched by us
- Base
- $193,336
- Bonus
- $37,250
- Other
- $9,673
- Deferred
- $19,088
- Nontaxable benefits
- $16,621
- Filer's total
- $275,968
-
Abraham BermanABRAHAM BERMAN
CHIEF EXECUTIVE OFFICER
- Total calculated
- $264,849
- From this org
- $235,505
- From related orgs
- $0
- Other
- $29,344
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $175,479
- Bonus
- $30,176
- Other
- $29,850
- Deferred
- $13,327
- Nontaxable benefits
- $16,017
- Filer's total
- $264,849
-
Victoria LonerVICTORIA LONER
CHIEF EXEC OFFICER TIL 07/23
- Total calculated
- $250,371
- From this org
- $219,004
- From related orgs
- $0
- Other
- $31,367
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $212,173
- Bonus
- $0
- Other
- $6,831
- Deferred
- $15,109
- Nontaxable benefits
- $16,258
- Filer's total
- $250,371
-
Gregory DanielsGREGORY DANIELS
CHIEF COMPLIANCE OFFICER 12/23
- Total calculated
- $247,039
- From this org
- $211,319
- From related orgs
- $0
- Other
- $35,720
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $155,295
- Bonus
- $15,217
- Other
- $40,807
- Deferred
- $11,437
- Nontaxable benefits
- $24,283
- Filer's total
- $247,039
-
Martita GiardMARTITA GIARD
DIRECTOR ACO STRATEGY&PLANNING
- Total calculated
- $237,955
- From this org
- $197,562
- From related orgs
- $0
- Other
- $40,393
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $155,899
- Bonus
- $16,653
- Other
- $25,010
- Deferred
- $21,488
- Nontaxable benefits
- $18,905
- Filer's total
- $237,955
-
Joan ZipkoJOAN ZIPKO
DIRECTOR ACO OPERATIONS
- Total calculated
- $235,977
- From this org
- $194,800
- From related orgs
- $0
- Other
- $41,177
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $171,713
- Bonus
- $16,653
- Other
- $6,434
- Deferred
- $16,116
- Nontaxable benefits
- $25,061
- Filer's total
- $235,977
-
Kimberley DouglasKIMBERLEY DOUGLAS
DIRECTOR ACO FINANCE & ACCNTG
- Total calculated
- $210,580
- From this org
- $171,769
- From related orgs
- $0
- Other
- $38,811
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $148,105
- Bonus
- $12,334
- Other
- $11,330
- Deferred
- $14,149
- Nontaxable benefits
- $24,662
- Filer's total
- $210,580
-
Amy BodetteAMY BODETTE
DIRECTOR PUBLIC AFFAIRS
- Total calculated
- $205,444
- From this org
- $169,282
- From related orgs
- $0
- Other
- $36,162
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $153,830
- Bonus
- $15,122
- Other
- $330
- Deferred
- $11,302
- Nontaxable benefits
- $24,860
- Filer's total
- $205,444
-
Derek RaynesDEREK RAYNES
DIRECTOR PAYMENT REFORM
- Total calculated
- $196,730
- From this org
- $183,972
- From related orgs
- $0
- Other
- $12,758
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $166,195
- Bonus
- $15,659
- Other
- $2,118
- Deferred
- $11,701
- Nontaxable benefits
- $1,057
- Filer's total
- $196,730
-
Josiah MuellerJOSIAH MUELLER
DIR VALUE-BASED CARE TIL 10/23
- Total calculated
- $174,037
- From this org
- $142,578
- From related orgs
- $0
- Other
- $31,459
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $142,273
- Bonus
- $0
- Other
- $305
- Deferred
- $10,274
- Nontaxable benefits
- $21,185
- Filer's total
- $174,037
-
Sierra LowellSIERRA LOWELL
TRUSTEE
- Total calculated
- $1,500
- From this org
- $1,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Leslie FerrerLESLIE FERRER
TRUSTEE AS OF 01/23
- Total calculated
- $1,050
- From this org
- $1,050
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Betsy DavisBETSY DAVIS
TRUSTEE UNTIL 05/23
- Total calculated
- $600
- From this org
- $600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Daniel BennettDANIEL BENNETT
TRUSTEE, AUDIT COMMITTEE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Michael CostaMICHAEL COSTA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Thomas DeeTHOMAS DEE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Coleen CondonCOLEEN CONDON
TRUSTEE (formerly KOHAUT)
- Total calculated
- $0
- Hours/week
- 2
-
Stephen LeblancSTEPHEN LEBLANC
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Toby Sadkin MDTOBY SADKIN MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
John SaylesJOHN SAYLES
TRUSTEE UNTIL 10/23
- Total calculated
- $0
- Hours/week
- 2
-
Robert BickROBERT BICK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Jen Gilwee MDJEN GILWEE MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Tom HuebnerTOM HUEBNER
BOARD VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Stuart MaySTUART MAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Adriane Trout MDADRIANE TROUT MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Teresa Fama MDTERESA FAMA MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Anya Rader WallackANYA RADER WALLACK
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Shawn TesterSHAWN TESTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Kristi CrossKRISTI CROSS
TRUSTEE UNTIL 03/23
- Total calculated
- $0
- Hours/week
- 2
-
Judi FoxJUDI FOX
TRUSTEE AS OF 02/23
- Total calculated
- $0
- Hours/week
- 2
-
Jessica MoschellaJESSICA MOSCHELLA
TRUSTEE AS OF 10/23
- Total calculated
- $0
- Hours/week
- 2
-
Sandy RousseSANDY ROUSSE
TRUSTEE AS OF 08/23
- Total calculated
- $0
- Hours/week
- 2
-
Judy PetersonJUDY PETERSON
TRUSTEE AS OF 12/23
- Total calculated
- $0
- Hours/week
- 2
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
- 1a · Personal services (maid, chauffeur, chef)
- 7 · Other non-fixed payments
Answered no
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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)
- SCHEDULE J PART I, LINE 1A
- PERSONAL SERVICE COMPENSATION CERTAIN ONECARE OFFICERS AND KEY EMPLOYEES RECEIVED COMPENSATION OF $1,400 TO COVER PREPARATION AND FINANCIAL ADVISORY SERVICES. WHILE THERE IS NO ORGANIZATION-WIDE WRITTEN POLICY REGARDING PAYMENT, THE AMOUNT IS INCLUDED IN THE RESPECTIVE INDIVIDUAL'S EMPLOYMENT CONTRACT WHICH IS DETERMINED THROUGH ANNUAL REVIEW (AS DISCUSSED IN SCHEDULE O). PERSONAL SERVICE COMPENSATION IS A FLAT AMOUNT INCLUDED IN THE INDIVIDUAL'S RESPECTIVE FORM W-2 AS TAXABLE INCOME. NO REIMBURSEMENT IS MADE UNDER AN ACCOUNTABLE PLAN, THEREFORE SUBSTANTIATION OF EXPENSE IS UNNECESSARY.
- SCHEDULE J PART I, LINE 3
- CEO COMPENSATION METHOD ONECARE VERMONT RELIES ON UNIVERSITY OF VERMONT HEALTH NETWORK TO ESTABLISH CEO COMPENSATION VIA PERIODIC MARKET ANALYSIS AND COMPENSATION COMMITTEE REVIEW.
- SCHEDULE J, PART I, LINE 7
- NONFIXED PAYMENTS ONECARE VERMONT LEVERAGES THE UVM MEDICAL CENTER'S COMPENSATION PROCESS WHICH RESULTS IN PAID AWARDS TO CERTAIN MEMBERS OF UPPER MANAGEMENT (DIRECTORS, VICE PRESIDENTS AND SENIOR EXECUTIVES) THROUGH ITS ANNUAL VARIABLE PAY PLAN, AS THE PLAN'S PERFORMANCE MEASURES ARE MET. MEASURES, WHICH INCLUDE FINANCIAL, POPULATION HEALTH & QUALITY, AND OPERATIONAL ELEMENTS, ARE REVIEWED AND APPROVED BY ONECARE'S BOARD OF MANAGERS.
- SCHEDULE J, PART II
- UNRELATED ORGANIZATION ALL ONECARE STAFF ARE EMPLOYED BY UVMC, AN UNRELATED ORGANIZATION. ONECARE REIMBURSES UVMC FOR THE FULL ECONOMIC COST OF THE EMPLOYEES' EFFORTS. AN EXCEPTION TO THIS IS UNIVERSITY OF VERMONT HEALTH NETWORK (UVMHN) EMPLOYEES WHO WORK PART TIME FOR ONECARE EFFORTS UNDER A MASTER SERVICE AGREEMENT BETWEEN THE COMPANIES. UNDER THAT AGREEMENT, ONECARE REIMBURSEES UVMHN FOR THE APPLICABLE PERCENTAGE OF THE SALARY AND BENEFITS COST INCURRED. COMPENSATION PAID BY UVMC TO OFFICERS, DIRECTORS, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES FOR SERVICES TO OCV IS REPORTED IN FORM 990, PART VII AND SCHEDULE J.
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
-
$77,135
WELLNESS PLUS PROGRAM INNOVATION GRANT
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433169349304968
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