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Nonprofiteer
← CENTRAL VERMONT MEDICAL CENTER INC HCSR

Form 990 for tax year 2022

Filed by CENTRAL VERMONT MEDICAL CENTER INC HCSR.

Totals

Total revenue
$274,059,874
Total expenses
$290,980,110
Contributions and grants received
$5,735,940
Grants paid
$70,603
Program services expenses (Part IX)
$263,575,594
Management and general expenses
$27,235,251
Fundraising expenses
$169,265
Program service expenses (Part III)
$263,575,594

Program services were 90.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JOHN BRUMSTED MD

    TRUSTEE, UNTIL 11/22

    Total calculated
    $1,855,999
    From this org
    $0
    From related orgs
    $1,787,177
    Other
    $68,822
    Hours/week
    6 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,054,101 related
    Bonus
    $0 + $345,321 related
    Other
    $0 + $387,755 related
    Deferred
    $0 + $36,600 related
    Nontaxable benefits
    $0 + $32,222 related
    Filer's total
    $0 + $1,855,999 related

  • CHRISTIAN BEAN MD

    PHYSICIAN

    Total calculated
    $650,276
    From this org
    $0
    From related orgs
    $594,314
    Other
    $55,962
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $553,942 related
    Bonus
    $0
    Other
    $0 + $40,372 related
    Deferred
    $0 + $18,300 related
    Nontaxable benefits
    $0 + $37,662 related
    Filer's total
    $0 + $650,276 related

  • CHRISTOPHER MERIAM MD

    TRUSTEE,FMR PRES MED,UNTIL6/23

    Total calculated
    $642,060
    From this org
    $0
    From related orgs
    $587,496
    Other
    $54,564
    Hours/week
    45 + 5 related

    Schedule J breakdown matched by us

    Base
    $0 + $522,377 related
    Bonus
    $0
    Other
    $0 + $65,119 related
    Deferred
    $0 + $18,300 related
    Nontaxable benefits
    $0 + $36,264 related
    Filer's total
    $0 + $642,060 related

  • SARA GRAVES MD

    PHYSICIAN

    Total calculated
    $628,196
    From this org
    $0
    From related orgs
    $575,318
    Other
    $52,878
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $534,748 related
    Bonus
    $0
    Other
    $0 + $40,570 related
    Deferred
    $0 + $18,300 related
    Nontaxable benefits
    $0 + $34,578 related
    Filer's total
    $0 + $628,196 related

  • ANNA T NOONAN

    TRUSTEE, PRESIDENT/COO

    Total calculated
    $613,016
    From this org
    $524,507
    From related orgs
    $0
    Other
    $88,509
    Hours/week
    35 + 15 related

    Schedule J breakdown matched by us

    Base
    $346,920
    Bonus
    $71,051
    Other
    $106,536
    Deferred
    $51,336
    Nontaxable benefits
    $37,173
    Filer's total
    $613,016

  • JOHN BEGLY MD

    PHYSICIAN

    Total calculated
    $590,914
    From this org
    $0
    From related orgs
    $531,029
    Other
    $59,885
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $487,980 related
    Bonus
    $0
    Other
    $0 + $43,049 related
    Deferred
    $0 + $18,300 related
    Nontaxable benefits
    $0 + $41,585 related
    Filer's total
    $0 + $590,914 related

  • NEJAT ZEYNELOGLU MD

    CHIEF MEDICAL OFFICER

    Total calculated
    $441,020
    From this org
    $417,104
    From related orgs
    $0
    Other
    $23,916
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $367,041
    Bonus
    $49,145
    Other
    $918
    Deferred
    $0
    Nontaxable benefits
    $23,916
    Filer's total
    $441,020

  • BENJAMIN SMITH MD

    PHYSICIAN

    Total calculated
    $438,692
    From this org
    $0
    From related orgs
    $386,444
    Other
    $52,248
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $367,857 related
    Bonus
    $0
    Other
    $0 + $18,587 related
    Deferred
    $0 + $18,300 related
    Nontaxable benefits
    $0 + $33,948 related
    Filer's total
    $0 + $438,692 related

  • JOHN MOTLEY MD

    PHYSICIAN

    Total calculated
    $435,981
    From this org
    $0
    From related orgs
    $378,323
    Other
    $57,658
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $307,903 related
    Bonus
    $0
    Other
    $0 + $70,420 related
    Deferred
    $0 + $18,300 related
    Nontaxable benefits
    $0 + $39,358 related
    Filer's total
    $0 + $435,981 related

  • KIMBERLY PATNAUDE

    TREASURER, CFO/VP FISCAL SVCS

    Total calculated
    $342,179
    From this org
    $302,779
    From related orgs
    $0
    Other
    $39,400
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $272,241
    Bonus
    $29,523
    Other
    $1,015
    Deferred
    $14,468
    Nontaxable benefits
    $24,932
    Filer's total
    $342,179

  • ROBERT PATTERSON

    VP HR & CLINICL OPERATIONS

    Total calculated
    $319,881
    From this org
    $273,618
    From related orgs
    $0
    Other
    $46,263
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $245,265
    Bonus
    $26,666
    Other
    $1,687
    Deferred
    $16,679
    Nontaxable benefits
    $29,584
    Filer's total
    $319,881

  • JAMES ALVAREZ

    VP SUPPORT SERVICES

    Total calculated
    $315,820
    From this org
    $281,781
    From related orgs
    $0
    Other
    $34,039
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $244,157
    Bonus
    $26,428
    Other
    $11,196
    Deferred
    $11,375
    Nontaxable benefits
    $22,664
    Filer's total
    $315,820

  • ANNA HANKINS MD

    TRUSTEE, PRESIDENT MED STAFF

    Total calculated
    $314,872
    From this org
    $0
    From related orgs
    $266,235
    Other
    $48,637
    Hours/week
    45 + 5 related

    Schedule J breakdown matched by us

    Base
    $0 + $236,890 related
    Bonus
    $0
    Other
    $0 + $29,345 related
    Deferred
    $0 + $16,357 related
    Nontaxable benefits
    $0 + $32,280 related
    Filer's total
    $0 + $314,872 related

  • MATTHEW CHOATE

    VP PATIENT CARE SERVICES

    Total calculated
    $307,925
    From this org
    $267,720
    From related orgs
    $0
    Other
    $40,205
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $240,620
    Bonus
    $26,214
    Other
    $886
    Deferred
    $16,396
    Nontaxable benefits
    $23,809
    Filer's total
    $307,925

  • SUNIL EAPPEN MD

    TRUSTEE, AS OF 11/22

    Total calculated
    $304,595
    From this org
    $0
    From related orgs
    $286,769
    Other
    $17,826
    Hours/week
    6 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $99,916 related
    Bonus
    $0 + $180,000 related
    Other
    $0 + $6,853 related
    Deferred
    $0 + $14,924 related
    Nontaxable benefits
    $0 + $2,902 related
    Filer's total
    $0 + $304,595 related

  • WILLIAM KOWALEWSKI

    ADMIN/VP AGING SVCS WDR

    Total calculated
    $196,252
    From this org
    $184,103
    From related orgs
    $0
    Other
    $12,149
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $164,380
    Bonus
    $17,824
    Other
    $1,899
    Deferred
    $8,835
    Nontaxable benefits
    $3,314
    Filer's total
    $196,252

  • LISA MULLER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • THOMAS GOLONKA

    TRUSTEE, IMMEDIATE FRMR CHAIR

    Total calculated
    $0
    Hours/week
    1

  • JOYCE JUDY

    TRUSTEE, CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • MARY MOULTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • TONI KAEDING

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SANDY ROUSSE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CONNIE COLMAN

    TRUSTEE, SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • PAULETTE THABAULT

    TRUSTEE, CHAIR

    Total calculated
    $0
    Hours/week
    1

  • JOAN MARIE MISEK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CHARLES MARTEL JR

    TRUSTEE, AS OF 12/22

    Total calculated
    $0
    Hours/week
    1

  • ERICA METZGER HARE

    TRUSTEE, AS OF 12/22

    Total calculated
    $0
    Hours/week
    1

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 — 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

  • 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)

SCHEDULE J, PART I, LINE 3
CVMC RECEIVES GUIDANCE REGARDING ITS PRESIDENT'S COMPENSATION FROM THE UVM HEALTH NETWORK COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, WHICH IS THE SOLE MEMBER OF THE HOSPITAL, THAT NETWORK COMPENSATION COMMITTEE UTILIZES THE FOLLOWING METHODS TO ESTABLISH THE GUIDANCE: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
SCHEDULE J, PART I, LINE 4B
THE UNIVERSITY OF VERMONT HEALTH NETWORK, BY AND THROUGH ITS AFFILIATED SUBSIDIARIES, MAINTAINS A SUPPLEMENTAL RETIREMENT BENEFIT PLAN (SRP) UNDER CONTRACTUAL ARRANGEMENTS WITH SEVERAL PERSONS LISTED ON FORM 990, PART VII, SECTION A, LINE 1A. PURSUANT TO THE TERMS OF THE SRP, ANNUAL CREDITS WERE MADE EQUAL TO A FIXED PERCENTAGE OF BASE SALARY. THE FOLLOWING PERSONS PARTICIPATED IN THE SRP IN CALENDAR YEAR 2022, AND THEIR RESPECTIVE FIXED PERCENTAGE IS DESIGNATED IN PARENTHESES: ANNA T. NOONAN (8.68%) AND SUNIL EAPPEN (12.24%). DEFERRED AMOUNTS VEST ON THE EARLIER OF: (I) JANUARY 1 OF THE THIRD PLAN YEAR AFTER THE PLAN YEAR FOR WHICH THE ACCOUNT WAS CREATED; OR (II) THE PARTICIPANT'S 65TH BIRTHDAY. ANNA T. NOONAN RECEIVED SRP DISTRIBUTIONS REFLECTED IN SCH J, PART II, COL (B)(III) AND (F). FOR THE PLANS NOTED ABOVE, THE AMOUNT DEFERRED FOR CALENDAR YEAR 2022 IS INCLUDED ON SCHEDULE J, PART II, COLUMN C. AMOUNTS DEFERRED REMAIN SUBJECT TO FORFEITURE IF CERTAIN CONDITIONS ARE NOT MET.
SCHEDULE J, PART I, LINE 7
CENTRAL VERMONT MEDICAL CENTER, INC (CVMC) HAS AN ANNUAL PERFORMANCE INCENTIVE PLAN. PERFORMANCE TARGETS AND PAYOUT METRICS ARE ESTABLISHED AND APPROVED BY THE UVM HEALTH NETWORK COMPENSATION COMMITTEE AT THE BEGINNING OF EACH PERFORMANCE CYCLE.

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

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.

Provenance

Return type
form_990
Tax year
2022
Filed
14 August 2024
IRS schema version
2022v5.0
Source object
202432279349301843

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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