St Vincents Development Inc

Trumbull, CT
Tax-exempt since April 1996
EIN: 22-2554128

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Type of Nonprofit

Designated as a 501(c)(25) Title holding corporations or trusts with multiple parent corporations, which hold titles and pay over income from property to 35 or fewer parents or beneficiaries.

Donations to this organization are not tax deductible.

Revenue

$2.77M (2024)

Expenses

$3.6M (2024)

Total Assets

$25.6M (2024)

Total Liabilities

$2.88M (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2024

Revenue

$2,771,627

Expenses

$3,598,288

Net Income

-$826,661

Net Assets

$22,678,036

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,741,472	98.9%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$30,155	1.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$25,557,336
Total Liabilities	$2,879,300
Net Assets	$22,678,036

Compensation

Key Employees and Officers	Compensation	Related	Other
Chibueze Agba (Director)	$0	$1,699,330	$235,578
Michael Daglio (Director (Thru 04/2024))	$0	$1,299,825	$188,591
Thomas Vaccarelli (Director & Secretary)	$0	$511,249	$55,906
Carol Wardell (Director & Treasurer)	$0	$422,645	$65,922
Fred Sorbo Iii (Former Dir & Treas (Thru 5/22))	$0	$97,077	$3,839

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990

Filed on Aug. 13, 2025

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Fiscal Year Ending Sept.
2023

Revenue

$3,269,311

Expenses

$4,139,438

Net Income

-$870,127

Net Assets

$23,471,562

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,235,566	99.0%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$33,745	1.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$26,550,931
Total Liabilities	$3,079,369
Net Assets	$23,471,562

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Daglio (Director & Ceo)	$0	$1,445,846	$168,817
Thomas Vaccarelli (Director & Secretary)	$0	$438,045	$55,548
Carol Wardell (Director & Treasurer)	$0	$370,890	$59,171
Fred Sorbo Iii (Former Dir & Treas (Thru 5/22))	$0	$243,465	$29,590

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990

Filed on Aug. 13, 2024

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Fiscal Year Ending Sept.
2022

Revenue

$3,429,268

Expenses

$3,268,762

Net Income

$160,506

Net Assets

$24,341,689

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,401,064	99.2%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$28,204	0.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$27,804,858
Total Liabilities	$3,463,169
Net Assets	$24,341,689

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Daglio (Director & Ceo)	$0	$1,545,768	$208,345
Dianne Auger (Former Vp & Secretary (Thru 9/19))	$0	$686,261	$45,848
Thomas Vaccarelli (Director & Secretary)	$0	$455,408	$68,021
Fred Sorbo (Director & Treasurer (Thru 5/22))	$0	$403,413	$65,464
Carol Wardell (Director & Treasurer)	$0	$393,303	$72,233

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990

Filed on Aug. 10, 2023

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Fiscal Year Ending Sept.
2021

Revenue

$3,404,975

Expenses

$3,700,266

Net Income

-$295,291

Net Assets

$24,181,183

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,375,168	99.1%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$29,807	0.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$27,854,287
Total Liabilities	$3,673,104
Net Assets	$24,181,183

Compensation

Key Employees and Officers	Compensation	Related	Other
Tracy Church (Director & Ceo)	$0	$1,152,696	$77,527
Thomas Vaccarelli (Director & Secretary)	$0	$436,103	$71,557
Dianne Auger (Former Vp & Secretary)	$0	$416,938	$50,102
Fred Sorbo (Director & Teasurer)	$0	$377,212	$82,079
Chritopher Given (Former Treasurer)	$0	$389,128	$42,422
Christopher Willey (Former Director)	$0	$324,908	$60,404

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990

Filed on Aug. 10, 2022

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Fiscal Year Ending Sept.
2020

Revenue

$2,299,712

Expenses

$1,953,351

Net Income

$346,361

Net Assets

$24,476,474

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$7,100	0.3%
Program Services	$2,261,941	98.4%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$598
Net Inventory Sales	$0
Other Revenue	$31,269	1.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$28,192,481
Total Liabilities	$3,716,007
Net Assets	$24,476,474

Compensation

Key Employees and Officers	Compensation	Related	Other
Tracy Church (Director & Ceo)	$0	$1,034,528	$73,223
Dawn Rudolph Thru 93019 (Former Director And President)	$0	$607,516	$67,813
Dianne Auger Thru 93019 (Former Vp & Secretary)	$0	$428,035	$49,977
Christopher Given Thru 93019 (Former Treasurer)	$0	$440,441	$33,991
Fred Sorbo Iii (Director & Treasurer)	$0	$383,132	$80,239
Thomas Vaccarelli (Director & Secretary)	$0	$370,512	$68,286
Christopher Willey Thru 93019 (Former Director)	$0	$313,907	$48,200

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990

Filed on Aug. 12, 2021

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Fiscal Year Ending Sept.
2019

Revenue

$2,842,494

Expenses

$2,244,002

Net Income

$598,492

Net Assets

$14,248,465

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$298,374	10.5%
Program Services	$2,499,338	87.9%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$44,782	1.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$15,172,763
Total Liabilities	$924,298
Net Assets	$14,248,465

Compensation

Key Employees and Officers	Compensation	Related	Other
Dawn M Rudolph (President/Ceo St. Vincent's Medical Center)	$0	$441,533	$33,232
Dianne J Auger (Vice President/Secretary)	$0	$366,231	$35,688
Christopher G Given (Treasurer)	$0	$295,184	$24,754
Christopher L Willey (Director)	$0	$256,991	$46,602
Stuart G Marcus Md (Former Officer (End 7/2016))	$0	$889,723	$18,368
Vincent C Caponi (Former Officer (End 6/2017))	$0	$236,612	$0

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990

Filed on Aug. 14, 2020

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Fiscal Year Ending Sept.
2018

Revenue

$3,110,833

Expenses

$2,450,933

Net Income

$659,900

Net Assets

$14,663,692

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,061,641	98.4%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$49,192	1.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$15,371,838
Total Liabilities	$708,146
Net Assets	$14,663,692

Compensation

Key Employees and Officers	Compensation	Related	Other
Dawn M Rudolph (President/Ceo St. Vincent's Medical Center (Start 3/2018))	$0	$479,102	$29,540
Dianne J Auger (Vice President/Secretary)	$0	$493,242	$34,380
Christopher G Given (Treasurer)	$0	$338,488	$22,953
Vicki Briggs (President/Ceo St. Vincent's Medical Center (End 3/2018))	$0	$444,051	$0
Christopher L Willey (Director)	$0	$259,035	$41,001
Vincent C Caponi (Former Officer (End 6/2017))	$0	$1,990,284	$30,713
Stuart G Marcus Md (Former Officer (End 7/2016))	$0	$1,029,755	$39,393
Stephen H Franko Iii (Former Officer (End 1/2017))	$0	$366,621	$11,323

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990

Filed on Aug. 14, 2019

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Fiscal Year Ending Sept.
2017

Revenue

$3,250,482

Expenses

$3,340,119

Net Income

-$89,637

Net Assets

$13,749,081

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,220,608	99.1%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$29,874	0.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$14,493,169
Total Liabilities	$744,088
Net Assets	$13,749,081

Compensation

Key Employees and Officers	Compensation	Related	Other
Dianne J Auger (Vice President/Secretary (Start 8/2017))	$0	$426,673	$34,189
Vicki Briggs (President (Start 8/2017))	$0	$383,001	$0
Vincent C Caponi (Secretary/Treasurer/Health System Pres & Ceo (End 6/2017))	$0	$3,614,828	$42,927
Christopher Given (Treasurer (Start 8/2017))	$0	$206,628	$33,222
Paul Richter (Chairperson (End 8/2017))	$0	$0	$0
Anthony Vallillo (Treasurer (End 6/2017))	$0	$0	$0
Bruce Silverstone (Director (End 8/2017))	$0	$0	$0
Christopher Willey (Director (Start 8/2017))	$0	$248,930	$16,438
Stephen H Franko Iii (Health System Svp/Cfo (End 1/2017))	$0	$438,757	$44,395
John C Gleckler (Former Officer (End 6/2015))	$0	$321,262	$11,276
Stuart G Marcus Md (Former Officer (End 7/2016))	$0	$1,563,194	$43,246

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990

Filed on Aug. 15, 2018

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Fiscal Year Ending Sept.
2016

Revenue

$3,102,118

Expenses

$3,517,026

Net Income

-$414,908

Net Assets

$16,038,300

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,067,072	98.9%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$4,973
Net Inventory Sales	$0
Other Revenue	$40,019	1.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$16,626,195
Total Liabilities	$587,895
Net Assets	$16,038,300

Compensation

Key Employees and Officers	Compensation	Related	Other
Vincent C Caponi (Secretary/Health System Pres & Ceo (Start 8/2016))	$0	$5,274,008	$57,240
Stuart G Marcus Md (Secretary/Health Sys Pres & Ceo (End 7/2016))	$0	$1,495,535	$49,199
Paul Richter (Chairperson)	$0	$0	$0
Ruben Rodriguez (Treasurer (End 5/2016))	$0	$0	$0
Anthony Vallillo (Treasurer (Start 5/2016))	$0	$0	$0
Bruce Silverstone (Director)	$0	$0	$0
Stephen Franko (Health Sys Svp/Cfo)	$0	$238,707	$18,399
John C Gleckler (Former Health Sys Svp/Cfo (End 6/2015))	$0	$652,428	$44,303

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990

Filed on Aug. 14, 2017

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Fiscal Year Ending Sept.
2015

Revenue

$4,240,300

Expenses

$4,110,609

Net Income

$129,691

Net Assets

$16,457,084

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,874,701	91.4%
Investment Income	$28,705	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$336,894	7.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$16,981,251
Total Liabilities	$524,167
Net Assets	$16,457,084

Compensation

Key Employees and Officers	Compensation	Related	Other
Stuart G Marcus Md (Secretary/President & Ceo Svhs)	$0	$1,197,518	$49,053
Paul Richter (Chairperson)	$0	$0	$0
Ruben Rodriguez (Treasurer)	$0	$0	$0
Bruce Silverstone (Director)	$0	$0	$0
Stephen Franko (Interim Cfo Svhs (Start 7/2015))	$0	$0	$0
John C Gleckler (Svp/Cfo Svhs (End 6/2015))	$0	$663,197	$50,270

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990

Filed on Aug. 12, 2016

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Fiscal Year Ending Sept.
2014

Revenue

$3,696,366

Expenses

$3,874,755

Net Income

-$178,389

Net Assets

$16,297,152

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,619,314	97.9%
Investment Income	$49,416	1.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$27,636	0.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$16,841,113
Total Liabilities	$543,961
Net Assets	$16,297,152

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2013

Revenue

$3,338,536

Expenses

$3,577,868

Net Income

-$239,332

Net Assets

$16,353,817

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,284,459	98.4%
Investment Income	$32,177	1.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$21,900	0.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$17,129,758
Total Liabilities	$775,941
Net Assets	$16,353,817

990

Filed on Sept. 16, 2014

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Fiscal Year Ending Sept.
2012

Revenue

$3,038,852

Expenses

$3,612,047

Net Income

-$573,195

Net Assets

$12,548,743

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,963,468	97.5%
Investment Income	$48,049	1.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$27,335	0.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$14,463,200
Total Liabilities	$1,914,457
Net Assets	$12,548,743

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Revenue

$2,841,912

Expenses

$3,437,016

Net Income

-$595,104

Net Assets

$13,340,485

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,741,654	96.5%
Investment Income	$69,732	2.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$30,526	1.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$14,256,060
Total Liabilities	$915,575
Net Assets	$13,340,485

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St Vincents Development Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $2.77M (2024)

Expenses $3.6M (2024)

Total Assets $25.6M (2024)

Total Liabilities $2.88M (2024)

Tax Filings by Year

Fiscal Year Ending Sept. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Sept. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Sept. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Sept. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Sept. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Sept. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Sept. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2012

Revenue

$2.77M (2024)

Expenses

$3.6M (2024)

Total Assets

$25.6M (2024)

Total Liabilities

$2.88M (2024)

Fiscal Year Ending Sept.
2024

Fiscal Year Ending Sept.
2023

Fiscal Year Ending Sept.
2022

Fiscal Year Ending Sept.
2021

Fiscal Year Ending Sept.
2020

Fiscal Year Ending Sept.
2019

Fiscal Year Ending Sept.
2018

Fiscal Year Ending Sept.
2017

Fiscal Year Ending Sept.
2016

Fiscal Year Ending Sept.
2015

Fiscal Year Ending Sept.
2014

Fiscal Year Ending Sept.
2013

Fiscal Year Ending Sept.
2012

Fiscal Year Ending Sept.
2011

Fiscal Year Ending Sept.
2010

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Sept.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005

Fiscal Year Ending Sept.
2004

Fiscal Year Ending Sept.
2001