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Nonprofiteer
← THE UNIVERSITY OF VERMONT HEALTH NETWORK MEDICAL GROUP INC

Form 990 for tax year 2023

Filed by THE UNIVERSITY OF VERMONT HEALTH NETWORK MEDICAL GROUP INC.

Totals

Total revenue
$385,379,036
Total expenses
$385,379,036
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$385,379,036
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$385,379,036

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DR WAJIH AKSAMAWATI DIT ARJA

    DIRECTOR (TIL 12/2023)

    Total calculated
    $719,753
    From this org
    $655,866
    From related orgs
    $0
    Other
    $63,887
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $631,950
    Bonus
    $0
    Other
    $23,916
    Deferred
    $19,800
    Nontaxable benefits
    $44,087
    Filer's total
    $719,753

  • DR KIMBERLY BLAKE 1

    DIRECTOR (AS OF 1/2024)

    Total calculated
    $320,987
    From this org
    $268,985
    From related orgs
    $0
    Other
    $52,002
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $258,324
    Bonus
    $5,000
    Other
    $5,661
    Deferred
    $23,878
    Nontaxable benefits
    $28,124
    Filer's total
    $320,987

  • DR LAURA MCCRAY 1

    DIRECTOR (AS OF 1/2024)

    Total calculated
    $286,870
    From this org
    $232,239
    From related orgs
    $0
    Other
    $54,631
    Hours/week
    44 + 1 related

    Schedule J breakdown matched by us

    Base
    $229,382
    Bonus
    $0
    Other
    $2,857
    Deferred
    $21,010
    Nontaxable benefits
    $33,621
    Filer's total
    $286,870

  • DR LEWIS RFIRST 1

    DIRECTOR (TIL 12/2023)

    Total calculated
    $467,105
    From this org
    $400,085
    From related orgs
    $0
    Other
    $67,020
    Hours/week
    2 + 48 related

    Schedule J breakdown matched by us

    Base
    $345,017
    Bonus
    $38,599
    Other
    $16,469
    Deferred
    $39,600
    Nontaxable benefits
    $27,420
    Filer's total
    $467,105

  • DR MARK FUNG 1

    DIRECTOR (TIL 12/2023)

    Total calculated
    $347,690
    From this org
    $315,450
    From related orgs
    $0
    Other
    $32,240
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $283,153
    Bonus
    $0
    Other
    $32,297
    Deferred
    $28,150
    Nontaxable benefits
    $4,090
    Filer's total
    $347,690

  • DR STUART HOFFMAN

    SECRETARY

    Total calculated
    $431,355
    From this org
    $395,331
    From related orgs
    $0
    Other
    $36,024
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $393,284
    Bonus
    $0
    Other
    $2,047
    Deferred
    $19,800
    Nontaxable benefits
    $16,224
    Filer's total
    $431,355

  • DR GREGORY HOLMES 1

    DIRECTOR (TIL 7/2024)

    Total calculated
    $285,045
    From this org
    $256,587
    From related orgs
    $0
    Other
    $28,458
    Hours/week
    2 + 48 related

    Schedule J breakdown matched by us

    Base
    $212,807
    Bonus
    $35,538
    Other
    $8,242
    Deferred
    $25,560
    Nontaxable benefits
    $2,898
    Filer's total
    $285,045

  • DR BENJAMIN SMITH

    DIRECTOR (AS OF 1/2024)

    Total calculated
    $449,781
    From this org
    $394,546
    From related orgs
    $0
    Other
    $55,235
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $371,009
    Bonus
    $0
    Other
    $23,537
    Deferred
    $19,800
    Nontaxable benefits
    $35,435
    Filer's total
    $449,781

  • AMIT LODHA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DR CLAUDE NICHOLS 1

    DIRECTOR

    Total calculated
    $758,304
    From this org
    $712,820
    From related orgs
    $0
    Other
    $45,484
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $568,559
    Bonus
    $60,747
    Other
    $83,514
    Deferred
    $39,600
    Nontaxable benefits
    $5,884
    Filer's total
    $758,304

  • DR ANNE DIXON 1

    DIRECTOR (AS OF 8/2024)

    Total calculated
    $370,348
    From this org
    $310,965
    From related orgs
    $0
    Other
    $59,383
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $269,045
    Bonus
    $34,693
    Other
    $7,227
    Deferred
    $24,898
    Nontaxable benefits
    $34,485
    Filer's total
    $370,348

  • DR WILLIAM RASZKA JR 1

    CHAIR

    Total calculated
    $98,291
    From this org
    $67,679
    From related orgs
    $0
    Other
    $30,612
    Hours/week
    45

  • DR JASON SANDERS 1

    PRESIDENT & CEO

    Total calculated
    $604,225
    From this org
    $0
    From related orgs
    $508,675
    Other
    $95,550
    Hours/week
    41 + 9 related

    Schedule J breakdown matched by us

    Base
    $0 + $407,420 related
    Bonus
    $0 + $89,269 related
    Other
    $0 + $11,986 related
    Deferred
    $0 + $58,037 related
    Nontaxable benefits
    $0 + $37,513 related
    Filer's total
    $0 + $604,225 related

  • MEGAN BUCKLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • EDWARD CARROLL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DR TERESA FAMA

    VICE CHAIR

    Total calculated
    $253,677
    From this org
    $226,005
    From related orgs
    $0
    Other
    $27,672
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $223,920
    Bonus
    $0
    Other
    $2,085
    Deferred
    $13,572
    Nontaxable benefits
    $14,100
    Filer's total
    $253,677

  • DR RAMSEY HERRINGTON 1

    DIRECTOR

    Total calculated
    $547,381
    From this org
    $478,139
    From related orgs
    $0
    Other
    $69,242
    Hours/week
    2 + 48 related

    Schedule J breakdown matched by us

    Base
    $421,103
    Bonus
    $44,550
    Other
    $12,486
    Deferred
    $29,700
    Nontaxable benefits
    $39,542
    Filer's total
    $547,381

  • DR DEBRA LEONARD 1

    DIRECTOR

    Total calculated
    $485,215
    From this org
    $424,880
    From related orgs
    $0
    Other
    $60,335
    Hours/week
    43 + 2 related

    Schedule J breakdown matched by us

    Base
    $366,329
    Bonus
    $39,745
    Other
    $18,806
    Deferred
    $29,700
    Nontaxable benefits
    $30,635
    Filer's total
    $485,215

  • JENNIFER GAGNON

    TREASURER & VP OF FIN

    Total calculated
    $302,953
    From this org
    $0
    From related orgs
    $282,332
    Other
    $20,621
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $0 + $251,494 related
    Bonus
    $0 + $25,820 related
    Other
    $0 + $5,018 related
    Deferred
    $0 + $17,605 related
    Nontaxable benefits
    $0 + $3,016 related
    Filer's total
    $0 + $302,953 related

  • LISA LGOODRICH

    VP MED GROUP OPS (TIL 1/2024)

    Total calculated
    $490,479
    From this org
    $0
    From related orgs
    $416,444
    Other
    $74,035
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $0 + $379,299 related
    Bonus
    $0 + $28,723 related
    Other
    $0 + $8,422 related
    Deferred
    $0 + $39,600 related
    Nontaxable benefits
    $0 + $34,435 related
    Filer's total
    $0 + $490,479 related

  • DR ERIC GAUTHIER 1

    PHYSICIAN CARDIOLOGY

    Total calculated
    $909,873
    From this org
    $873,515
    From related orgs
    $0
    Other
    $36,358
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $795,000
    Bonus
    $0
    Other
    $78,515
    Deferred
    $29,700
    Nontaxable benefits
    $6,658
    Filer's total
    $909,873

  • DR TODD WHITMAN

    ONCOLOGIST

    Total calculated
    $867,127
    From this org
    $807,510
    From related orgs
    $0
    Other
    $59,617
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $729,330
    Bonus
    $0
    Other
    $78,180
    Deferred
    $19,800
    Nontaxable benefits
    $39,817
    Filer's total
    $867,127

  • DR MARISSA MATARRESE

    PLASTIC SURGEON

    Total calculated
    $940,918
    From this org
    $879,047
    From related orgs
    $0
    Other
    $61,871
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $873,228
    Bonus
    $0
    Other
    $5,819
    Deferred
    $19,800
    Nontaxable benefits
    $42,071
    Filer's total
    $940,918

  • DR ROGER ISHAC 1

    CARDIOLOGY PHYSICIAN MEDICINE

    Total calculated
    $902,788
    From this org
    $820,410
    From related orgs
    $0
    Other
    $82,378
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $765,641
    Bonus
    $0
    Other
    $54,769
    Deferred
    $45,600
    Nontaxable benefits
    $36,778
    Filer's total
    $902,788

  • DR BRUCE TRANMER 1

    DIVISION CHIEF

    Total calculated
    $887,453
    From this org
    $843,716
    From related orgs
    $0
    Other
    $43,737
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $776,650
    Bonus
    $0
    Other
    $67,066
    Deferred
    $39,600
    Nontaxable benefits
    $4,137
    Filer's total
    $887,453

  • DR IRA BERNSTEIN 1

    FMR OFFICER, NET CHAIR (TIL 6/2024)

    Total calculated
    $588,065
    From this org
    $490,305
    From related orgs
    $0
    Other
    $97,760
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $413,378
    Bonus
    $44,891
    Other
    $32,036
    Deferred
    $59,400
    Nontaxable benefits
    $38,360
    Filer's total
    $588,065

  • RICHARD VINCENT

    FMR TREASURER

    Total calculated
    $847,689
    From this org
    $0
    From related orgs
    $783,080
    Other
    $64,609
    Hours/week
    2 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $581,305 related
    Bonus
    $0 + $91,500 related
    Other
    $0 + $110,275 related
    Deferred
    $0 + $29,700 related
    Nontaxable benefits
    $0 + $34,909 related
    Filer's total
    $0 + $847,689 related

  • DR KRISTEN DESTIGTER 1

    FMR SECRETARY

    Total calculated
    $676,834
    From this org
    $603,566
    From related orgs
    $0
    Other
    $73,268
    Hours/week
    2 + 48 related

    Schedule J breakdown matched by us

    Base
    $536,263
    Bonus
    $55,246
    Other
    $12,057
    Deferred
    $38,972
    Nontaxable benefits
    $34,296
    Filer's total
    $676,834

  • DR THOMAS PETERSON 1

    FMR CHAIR

    Total calculated
    $219,606
    From this org
    $187,835
    From related orgs
    $8,025
    Other
    $23,746
    Hours/week
    34 + 1 related

    Schedule J breakdown matched by us

    Base
    $173,551 + $8,025 related
    Bonus
    $0
    Other
    $14,284
    Deferred
    $20,868
    Nontaxable benefits
    $2,856 + $22 related
    Filer's total
    $211,559 + $8,047 related

  • DR NATASHA WITHERS

    FMR VICE CHAIR

    Total calculated
    $351,381
    From this org
    $293,907
    From related orgs
    $0
    Other
    $57,474
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $276,914
    Bonus
    $6,909
    Other
    $10,084
    Deferred
    $17,880
    Nontaxable benefits
    $39,594
    Filer's total
    $351,381

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
  • 8 · Paid under the initial-contract exception
  • 9 · Followed the rebuttable-presumption procedure

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

The filer's explanations (Part III)

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 EXECUTIVE LEVEL EMPLOYEES ACROSS THE NETWORK. PURSUANT TO THE TERMS OF THE SRP, ANNUAL CREDITS WERE MADE EQUAL TO A FIXED PERCENTAGE OF BASE SALARY. JASON SANDERS PARTICIPATED IN THE SRP IN CALENDAR YEAR 2023, AND HIS RESPECTIVE FIXED PERCENTAGE WAS 8.68%. 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. AMOUNTS DEFERRED REMAIN SUBJECT TO FORFEITURE IF CERTAIN CONDITIONS ARE NOT MET. AMOUNTS DEFERRED DURING CALENDAR YEAR 2023 ARE INCLUDED ON SCHEDULE J, PART II, COLUMN C.
PART I, LINE 7
THE ORGANIZATION PAID AWARDS TO CERTAIN MEMBERS OF UPPER MANAGEMENT (DIRECTORS, VICE PRESIDENTS, PHYSICIAN CHAIRS AND SENIOR EXECUTIVES) THROUGH ITS ANNUAL VARIABLE PAY PLAN AS THE PLAN'S PERFORMANCE MEASURES WERE MET. THE MEASURES WERE REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THESE MEASURES INCLUDED FINANCIAL, POPULATION HEALTH & QUALITY, AND OPERATIONAL RELATED METRICS.
PART I, LINE 8
SALARIES AND OTHER FIXED AMOUNTS PAYABLE TO EXECUTIVES SUCH AS OFFICERS AND CERTAIN KEY EMPLOYEES ARE SET BY CONTRACTS THAT ARE NEGOTIATED AND ENTERED INTO PRIOR TO THE COMMENCEMENT OF EACH EXECUTIVES' EMPLOYMENT. THE TERMS OF SUCH CONTRACTS ARE APPROVED IN ADVANCE BY THE APPROPRIATE COMPENSATION COMMITTEE OR OTHER BOARD-AUTHORIZED BODY, WHICH OBTAINS AND RELIES ON APPROPRIATE DATA AS TO COMPARABILITY PRIOR TO MAKING SUCH OFFER, AND CONCURRENTLY DOCUMENTS ITS BASIS FOR DETERMINATION.
COMPENSATION DETERMINATION
SCHEDULE J, PART I, QUESTION 3 UNIVERSITY OF VERMONT HEALTH NETWORK MEDICAL GROUP, INC. ("UVMHN MEDICAL GROUP") RELIED ON UNIVERSITY OF VERMONT HEALTH NETWORK ("UVM HEALTH NETWORK"), THE PARENT ORGANIZATION OF UVM MEDICAL GROUP, TO ESTABLISH ITS PRESIDENT/CEO'S COMPENSATION. UVM HEALTH NETWORK UTILIZED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OF COMPENSATION COMMITTEE

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.

Provenance

Return type
form_990
Tax year
2023
Filed
14 August 2025
IRS schema version
2023v6.0
Source object
202512269349300916

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

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