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Nonprofiteer
← SVHC REALTY INC

Form 990 for tax year 2023

Filed by SVHC REALTY INC.

Totals

Total revenue
$240,327
Total expenses
$864,077
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
-$19,028
Other revenue
$259,355
Total assets, end of year
$4,707,846
Total liabilities, end of year
$1,822,572
Net assets or fund balances, end of year
$2,885,274
Program services expenses (Part IX)
$816,976
Management and general expenses
$47,101
Fundraising expenses
$0
Program service expenses (Part III)
$816,976

Program services were 94.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • THOMAS A DEE

    PRESIDENT/CEO

    Total calculated
    $1,084,408
    From this org
    $0
    From related orgs
    $716,001
    Other
    $368,407
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $442,030 related
    Bonus
    $0 + $230,683 related
    Other
    $0 + $43,288 related
    Deferred
    $0 + $335,832 related
    Nontaxable benefits
    $0 + $32,575 related
    Filer's total
    $0 + $1,084,408 related

  • KEVIN P DAILEY

    SECRETARY

    Total calculated
    $443,218
    From this org
    $0
    From related orgs
    $411,093
    Other
    $32,125
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $296,530 related
    Bonus
    $0 + $64,400 related
    Other
    $0 + $50,163 related
    Deferred
    $0 + $8,000 related
    Nontaxable benefits
    $0 + $24,125 related
    Filer's total
    $0 + $443,218 related

  • ROBERT LABA

    VP/TREASURER

    Total calculated
    $97,214
    From this org
    $0
    From related orgs
    $97,113
    Other
    $101
    Hours/week
    1 + 39 related

  • KATHLEEN FISHER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • STEPHEN KELLY

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • MICHAEL E BRADY

    TRUSTEE

    Total calculated
    $177,202
    From this org
    $0
    From related orgs
    $177,101
    Other
    $101
    Hours/week
    1 + 3 related

    Schedule J breakdown matched by us

    Base
    $0 + $176,162 related
    Bonus
    $0
    Other
    $0 + $939 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $101 related
    Filer's total
    $0 + $177,202 related

  • STEPHEN D MAJETICH

    FORMER OFFICER

    Total calculated
    $563,960
    From this org
    $0
    From related orgs
    $545,090
    Other
    $18,870
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $219,436 related
    Bonus
    $0 + $63,000 related
    Other
    $0 + $262,654 related
    Deferred
    $0 + $5,231 related
    Nontaxable benefits
    $0 + $13,639 related
    Filer's total
    $0 + $563,960 related

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

  • 4b · Supplemental nonqualified retirement plan

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
TOP MANAGEMENT OFFICIAL COMPENSATION DETERMINATION: SOUTHWESTERN VERMONT MEDICAL CENTER, A RELATED ORGANIZATION, USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE CEO: INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD.
PART I, LINE 4B
CERTAIN INDIVIDUALS LISTED IN SCHEDULE J, PART II PARTICIPATED IN A NON-QUALIFIED DEFERRED COMPENSATION ARRANGEMENT. UNDER THE TERMS OF THE PLAN, THE INDIVIDUAL WILL BECOME VESTED IN THE PLAN IF THEY REMAIN EMPLOYED THROUGH A TARGETED DATE PURSUANT TO THE PLAN. NO AMOUNTS VESTED IN CALENDAR YEAR 2023, AND AMOUNTS CREDITED UNDER THE PLAN ARE INCLUDED IN FORM 990, PART VII, SECTION A FOR THE FOLLOWING: THOMAS A. DEE - $327,832

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

No itemized grants to organizations 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.

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 corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2023
Filed
12 August 2025
IRS schema version
2023v6.0
Source object
202532249349302418

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