Central Vt Medical Center Inc

Credit Union

Barre, VT
Tax-exempt since Jan. 1987
EIN: 22-2610477

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Type of Nonprofit

Designated as a 501(c)(14) State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Revenue

$771k (2024)

Expenses

$867k (2024)

Total Assets

$11.5M (2024)

Total Liabilities

$8.31M (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 Dec.
2024

Revenue

$770,827

Expenses

$866,826

Net Income

-$95,999

Net Assets

$3,212,188

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$372,418	48.3%
Investment Income	$357,820	46.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$40,589	5.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$126,367	14.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$66,199	7.6%

Assets/Debt
Total Assets	$11,518,906
Total Liabilities	$8,306,718
Net Assets	$3,212,188

Compensation

Key Employees and Officers	Compensation	Related	Other
Patrick Reeves (Treasurer An)	$126,367	$0	$0
Kelly Foy (Vice Chairpe)	$0	$0	$0
Eileen Hee (Board Member)	$0	$0	$0
Kelly Holland (Chairperson)	$0	$0	$0
Dixie Mercier (Board Member)	$0	$0	$0
Michelle Quesnel (Board Member)	$0	$0	$0
Oreste Reader (Board Member)	$0	$0	$0
Kate Sweeney (Board Member)	$0	$0	$0

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990

Filed on Sept. 22, 2025

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

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Fiscal Year Ending Dec.
2023

Revenue

$726,406

Expenses

$595,813

Net Income

$130,593

Net Assets

$3,309,385

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$375,811	51.7%
Investment Income	$294,813	40.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$55,782	7.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$92,724	15.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$83,183	14.0%

Assets/Debt
Total Assets	$12,862,476
Total Liabilities	$9,553,091
Net Assets	$3,309,385

Compensation

Key Employees and Officers	Compensation	Related	Other
Patrick Reeves (Treasurer An)	$92,724	$0	$0
Kelly Foy (Vice Chairpe)	$0	$0	$0
Eileen Hee (Board Member)	$0	$0	$0
Kelly Holland (Chairperson)	$0	$0	$0
Dixie Mercier (Board Member)	$0	$0	$0
Michelle Quesnel (Board Member)	$0	$0	$0
Oreste Reader (Board Member)	$0	$0	$0
Kate Sweeney (Board Member)	$0	$0	$0

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990

Filed on Aug. 7, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$551,943

Expenses

$445,721

Net Income

$106,222

Net Assets

$3,202,320

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$413,670	74.9%
Investment Income	$81,101	14.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$57,172	10.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$90,692	20.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$78,343	17.6%

Assets/Debt
Total Assets	$14,110,635
Total Liabilities	$10,908,315
Net Assets	$3,202,320

Compensation

Key Employees and Officers	Compensation	Related	Other
Patrick Reeves (Treasurer An)	$90,692	$0	$0
Kelly Foy (Vice Chairpe)	$0	$0	$0
Eileen Hee (Board Member)	$0	$0	$0
Kelly Holland (Chairperson)	$0	$0	$0
Dixie Mercier (Board Member)	$0	$0	$0
Oreste Reader (Board Member)	$0	$0	$0
Kate Sweeney (Board Member)	$0	$0	$0
Delta Thurston (Board Member)	$0	$0	$0

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990

Filed on Nov. 6, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$489,074

Expenses

$423,746

Net Income

$65,328

Net Assets

$3,096,098

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$408,322	83.5%
Investment Income	$29,675	6.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$51,077	10.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$95,675	22.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$52,491	12.4%

Assets/Debt
Total Assets	$14,129,688
Total Liabilities	$11,033,590
Net Assets	$3,096,098

Compensation

Key Employees and Officers	Compensation	Related	Other
Patrick Reeves (Treasurer An)	$95,675	$0	$0
Kelly Foy (Vice Chairpe)	$0	$0	$0
Eileen Hee (Board Member)	$0	$0	$0
Kelly Holland (Board Member)	$0	$0	$0
Karin Morrow (Chairperson)	$0	$0	$0
Oreste Reader (Board Member)	$0	$0	$0
Kate Sweeney (Board Member)	$0	$0	$0
Delta Thurston (Board Member)	$0	$0	$0

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990

Filed on May 16, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$590,585

Expenses

$459,660

Net Income

$130,925

Net Assets

$3,030,770

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$437,393	74.1%
Investment Income	$82,667	14.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$70,525	11.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$170,793	37.2%

Assets/Debt
Total Assets	$13,219,098
Total Liabilities	$10,188,328
Net Assets	$3,030,770

Compensation

Key Employees and Officers	Compensation	Related	Other
Kelly Foy (Board Member)	$0	$0	$0
Kelly Holland (Board Member)	$0	$0	$0
Karin Morrow (Chairperson)	$0	$0	$0
Patrick Reeves (Treasurer An)	$0	$0	$0
Delta Thurston (Board Member)	$0	$0	$0
Steven Trepanier (Vice Chairpe)	$0	$0	$0
Dana Wehe (Board Member)	$0	$0	$0

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990

Filed on Oct. 12, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$714,776

Expenses

$550,893

Net Income

$163,883

Net Assets

$2,899,845

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$456,791	63.9%
Investment Income	$156,419	21.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$101,566	14.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$86,620	15.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$123,522	22.4%

Assets/Debt
Total Assets	$12,477,440
Total Liabilities	$9,577,595
Net Assets	$2,899,845

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Patrick Reeves (Treasurer An)	$86,620	$0	$0
Kelly Foy (Board Member)	$0	$0	$0
Kelly Holland (Board Member)	$0	$0	$0
Karin Morrow (Chairperson)	$0	$0	$0
Delta Thurston (Board Member)	$0	$0	$0
Steven Trepanier (Vice Chairpe)	$0	$0	$0
Dana Wehe (Board Member)	$0	$0	$0

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990

Filed on Nov. 9, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$678,070

Expenses

$489,445

Net Income

$188,625

Net Assets

$2,735,962

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$481,461	71.0%
Investment Income	$107,335	15.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$2,250
Net Inventory Sales	$0
Other Revenue	$91,524	13.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$76,821	15.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$129,255	26.4%

Assets/Debt
Total Assets	$12,131,566
Total Liabilities	$9,395,604
Net Assets	$2,735,962

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Patrick Reeves (Treasurer An)	$76,821	$0	$0
Karin Morrow (Board Member)	$0	$0	$0
Steven Trepanier (Vice Chairpe)	$0	$0	$0
Delta Thurston (Board Member)	$0	$0	$0
Kelly Holland (Board Member)	$0	$0	$0
Kelly Foy (Chairperson)	$0	$0	$0
Dana Wehe (Board Member)	$0	$0	$0

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990

Filed on Nov. 13, 2019

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

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Fiscal Year Ending Dec.
2017

Revenue

$667,772

Expenses

$526,504

Net Income

$141,268

Net Assets

$2,547,337

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$520,669	78.0%
Investment Income	$59,077	8.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$2,500
Net Inventory Sales	$0
Other Revenue	$90,526	13.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$148,615	28.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$70,395	13.4%

Assets/Debt
Total Assets	$12,781,237
Total Liabilities	$10,233,900
Net Assets	$2,547,337

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Susana E D Williams (Secretary)	$115,212	$0	$1,822
Patrick Reeves (Treasurer An)	$31,581	$0	$0
Karin Morrow (Chairperson)	$0	$0	$0
Steven Trepanier (Vice Chairpe)	$0	$0	$0
Connie Filiault (Board Member)	$0	$0	$0
Kelly Holland (Board Member)	$0	$0	$0
Kelly Foy (Board Member)	$0	$0	$0
Dana Wehe (Board Member)	$0	$0	$0

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990

Filed on Nov. 9, 2018

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

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Fiscal Year Ending Dec.
2016

Revenue

$666,981

Expenses

$471,186

Net Income

$195,795

Net Assets

$2,406,069

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$546,975	82.0%
Investment Income	$32,830	4.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$6,046
Net Inventory Sales	$0
Other Revenue	$93,222	14.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$99,275	21.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$83,908	17.8%

Assets/Debt
Total Assets	$11,688,639
Total Liabilities	$9,282,570
Net Assets	$2,406,069

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Susana E D Williams (Treasurer/Se)	$97,031	$0	$2,244
Karin Morrow (Chairperson)	$0	$0	$0
Steven Trepanier (Vice Chairpe)	$0	$0	$0
Connie Filiault (Board Member)	$0	$0	$0
Kelly Holland (Board Member)	$0	$0	$0
Kelly Foy (Board Member)	$0	$0	$0
Dana Wehe (Board Member)	$0	$0	$0

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990

Filed on Oct. 12, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$679,198

Expenses

$424,014

Net Income

$255,184

Net Assets

$2,210,274

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$555,693	81.8%
Investment Income	$26,447	3.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$1,835
Net Inventory Sales	$0
Other Revenue	$98,893	14.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$94,802	22.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$81,601	19.2%

Assets/Debt
Total Assets	$10,777,995
Total Liabilities	$8,567,721
Net Assets	$2,210,274

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Susana Williams (Manager/Treasur)	$94,802	$0	$2,262
Connie Filiault (Director)	$0	$0	$0
Kelly Holland (Director)	$0	$0	$0
Kelly Foy (Director)	$0	$0	$0
Dana Wehe (Director)	$0	$0	$0
Karin Morrow (Chairperson)	$0	$0	$0
Steven Trepanier (Vice Chair)	$0	$0	$0

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990

Filed on May 10, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$702,243

Expenses

$413,964

Net Income

$288,279

Net Assets

$1,955,090

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$576,811	82.1%
Investment Income	$17,939	2.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$107,493	15.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$157,416	38.0%

Assets/Debt
Total Assets	$11,952,670
Total Liabilities	$9,997,580
Net Assets	$1,955,090

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Susana D Williams (Treasurer/Manager/Ceo)	$92,014	$0	$2,278
Karin Morrow (Chairperson)	$0	$0	$0
Steven Trepanier (Vice Chairperson)	$0	$0	$0
Connie Filiault (Board Member)	$0	$0	$0
Careen Floyd (Board Member)	$0	$0	$0
Kelly Foy (Board Member)	$0	$0	$0
Kelly Holland (Board Member)	$0	$0	$0

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990

Filed on May 13, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$702,898

Expenses

$445,830

Net Income

$257,068

Net Assets

$1,666,811

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$582,577	82.9%
Investment Income	$13,645	1.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$106,676	15.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$155,924	35.0%

Assets/Debt
Total Assets	$10,398,370
Total Liabilities	$8,731,559
Net Assets	$1,666,811

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Susana D Williams (Treasurer/Manager/Ceo)	$87,989	$0	$2,171
Karin Morrow (Chairperson)	$0	$0	$0
Steven Trepanier (Vice Chairperson)	$0	$0	$0
Connie Filiault (Board Member)	$0	$0	$0
Careen Floyd (Board Member)	$0	$0	$0
Kelly Foy (Board Member)	$0	$0	$0
Kelly Holland (Board Member)	$0	$0	$0

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990

Filed on May 14, 2014

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

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Fiscal Year Ending Dec.
2012

Revenue

$678,877

Expenses

$435,629

Net Income

$243,248

Net Assets

$1,409,741

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$558,475	82.3%
Investment Income	$12,942	1.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$107,460	15.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$153,070	35.1%

Assets/Debt
Total Assets	$10,166,141
Total Liabilities	$8,756,400
Net Assets	$1,409,741

990

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

PDF

Fiscal Year Ending Dec.
2011

Revenue

$653,331

Expenses

$487,292

Net Income

$166,039

Net Assets

$1,166,493

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$517,660	79.2%
Investment Income	$12,428	1.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$123,243	18.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$150,248	30.8%

Assets/Debt
Total Assets	$9,360,781
Total Liabilities	$8,194,288
Net Assets	$1,166,493

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Central Vt Medical Center Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $771k (2024)

Expenses $867k (2024)

Total Assets $11.5M (2024)

Total Liabilities $8.31M (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

Revenue

$771k (2024)

Expenses

$867k (2024)

Total Assets

$11.5M (2024)

Total Liabilities

$8.31M (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004