Overview
What is Southwestern Vermont Medical Center?
Southwestern Vermont Medical Center is a 99-bed hospital situated in Bennington, Vermont. The institution offers a comprehensive range of medical services, including inpatient and outpatient care, physician services, and emergency care with a fully staffed emergency department, a chest pain unit, and surgical services. The hospital is unique in Vermont for achieving the Magnet designation for nursing excellence. Beyond Bennington, it has satellite campuses in Deerfield Valley, Northshire, and Pownal. The mission of Southwestern Vermont Medical Center is to provide compassionate care and support for its patients, residents, and their loved ones, while striving to enhance the health status of the local communities. Services include a cancer center, a family-centered birth place, renal dialysis unit, a full-service accredited laboratory, and primary care and specialist physicians.
Official website here: www.svhealthcare.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 86%, Three-Star out of Four Star rating.
Southwestern Vermont Medical Center has received an overall score of 86%, which reflects a strong performance in accountability and finance. This score is derived solely from its Accountability & Finance beacon, indicating a focus on transparency and responsible management of funds. The organization boasts a high percentage of independent board members and has received full marks for its audit and oversight practices.
Strengths highlighted include its excellent program expense ratio of 88.14%, demonstrating a commitment to directing the majority of funds towards its programs and services. Additionally, the absence of material diversion of assets emphasizes financial integrity. The organization also has effective policies in place, including a conflict of interest policy and a whistleblower policy, contributing to its strong governance framework.
However, one area noted for potential improvement is the liabilities to assets ratio, which stands at 62.95%. While this indicates a manageable level of debt, it may suggest room for strengthening financial stability. Overall, Southwestern Vermont Medical Center shows a solid commitment to accountability and effective financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Southwestern Vermont Medical Center legitimate?
Southwestern Vermont Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwestern Vermont Medical Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,407,641
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,466,071
For more financial information, click here
Official website here: www.svhealthcare.org
What is the mission statement of Southwestern Vermont Medical Center?
Southwestern Vermont Medical Center is dedicated to providing compassionate care for patients and their loved ones, striving to enhance the health and wellbeing of the communities it serves. The center offers various medical services including emergency care, cancer treatment, maternity ward, surgeries, dialysis, laboratory services, and primary care with specialist physicians. The institution is Vermont's only Magnet Hospital for nursing excellence, ensuring a high standard of healthcare delivery. By providing a fully staffed emergency department, including a chest pain unit, and a family-centered birth place, Southwestern Vermont Medical Center aims to address urgent medical needs and support new families. Additionally, the center offers minimally invasive and other surgical services, ensuring patients receive the most advanced care available.
Official website here: www.svhealthcare.org
Who is the CEO of Southwestern Vermont Medical Center?
Thomas Dee is the Principal Officer of Southwestern Vermont Medical Center. The CEO's salary of Southwestern Vermont Medical Center is $625,561 and their total compensation is $949,147.
Official website here: www.svhealthcare.org
What is the revenue of Southwestern Vermont Medical Center?
Southwestern Vermont Medical Center's revenue in 2022 was $196,284,227.
Official website here: www.svhealthcare.org
Who are the executives of Southwestern Vermont Medical Center and what are their salaries?
The average compensation at Southwestern Vermont Medical Center during 2022 was $48,520. There are 1234 employees and 18 volunteers at Southwestern Vermont Medical Center.
Here are 33 key members and their salaries (Southwestern Vermont Medical Center's CEO's salary is $625,561 and their total compensation is $949,147):
- Compensation: $625,561
- Related: $0
- Other: $323,586
- Compensation: $176,942
- Related: $0
- Other: $130
- Compensation: $0
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- Compensation: $529,250
- Related: $0
- Other: $78,824
- Compensation: $358,109
- Related: $0
- Other: $48,880
- Compensation: $313,329
- Related: $0
- Other: $34,020
- Compensation: $281,369
- Related: $0
- Other: $56,896
- Compensation: $263,767
- Related: $0
- Other: $22,830
- Compensation: $0
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- Other: $0
- Compensation: $242,900
- Related: $0
- Other: $22,267
- Compensation: $214,061
- Related: $0
- Other: $27,933
- Compensation: $230,553
- Related: $0
- Other: $12,139
- Compensation: $189,028
- Related: $0
- Other: $27,227
- Compensation: $210,894
- Related: $0
- Other: $22,267
Official website here: www.svhealthcare.org
Where can I find the form 990 for Southwestern Vermont Medical Center?
Southwestern Vermont Medical Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.svhealthcare.org
Learn more at the official website: www.svhealthcare.org
Mission Statement of Southwestern Vermont Medical Center
Southwestern Vermont Medical Center, a renowned healthcare institution, is dedicated to providing compassionate care and comfort to its patients, residents, and their loved ones. The organization's primary goal is to enhance the health status of the communities it serves.
The medical center is an esteemed 99-bed facility that offers both inpatient and outpatient medical services, as well as physician services, in Bennington and the surrounding area. Southwestern Vermont Medical Center is Vermont's only Magnet Hospital for Nursing Excellence, reflecting its commitment to delivering exceptional patient care. Its extensive range of services encompasses a fully staffed emergency department with a chest pain unit, a Cancer Center, a Family-Centered Birth Place, minimally invasive and other surgical services, a Renal Dialysis Unit, a full-service accredited laboratory, and primary care and specialist physicians.
Southwestern Vermont Medical Center's mission goes beyond the walls of the hospital. The institution has satellite campuses in Deerfield Valley, Northshire, and Pownal, extending its reach to a broader population. The organization's services are not limited to acute care; it proudly boasts a Fully Staffed Emergency Department, including a Chest Pain Unit, as well as a Cancer Center, a Family-Centered Birth Place, and a wide array of surgical services. The medical center also houses a Renal Dialysis Unit, a Full-Service Accredited Laboratory, and a team of Primary Care and Specialist Physicians. By providing these comprehensive healthcare services, Southwestern Vermont Medical Center plays a vital role in improving the health and well-being of the diverse communities it serves.
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Impact
October, 2024
Southwestern Vermont Medical Center (SVMC) significantly impacts the Bennington community and surrounding areas by providing essential healthcare services. As a 99-bed hospital, SVMC offers both inpatient and outpatient medical services, ensuring comprehensive care is accessible to local residents.
The facility is recognized as Vermont's only Magnet Hospital for nursing excellence, underscoring its commitment to high-quality patient care through skilled nursing staff. SVMC operates a fully staffed emergency department, including a dedicated chest pain unit, which is crucial for treating urgent health issues promptly.
In addition to emergency care, SVMC has a wide range of specialty services, including a cancer center, family-centered birth services, minimally invasive and other surgical options, and a renal dialysis unit. Its full-service accredited laboratory supports accurate diagnostics vital for effective treatment.
The medical center's reach extends beyond its main hospital location, with satellite campuses in Deerfield Valley, Northshire, and Pownal, further enhancing access to healthcare for various communities. Through its mission to care for and comfort patients, residents, and their families, SVMC plays a pivotal role in improving the overall health status of the populations it serves.
This information is meant to be a general summary of Southwestern Vermont Medical Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $423,310
- Program Service Revenue: $193,757,263
- Gross Receipts: $196,322,695
Assets and Liabilities:
- Total Assets: $124,177,920
- Total Liabilities: $78,181,611
- Net Assets: $45,996,309
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERV. REV
Revenue
$154,884,051
FIXED PROSPECTIVE REV
Revenue
$31,845,094
PHARMACY
Revenue
$2,419,005
PROGRAM INCENTIVES
Revenue
$1,490,065
CHILDCARE TUITION
Revenue
$604,686
Organization Details
Founding Year
1912
Phone
(802) 442-6361Principal Officer
Thomas Dee
Main Address
100 HOSPITAL DRIVE, BENNINGTON, VT, 05201
Website
www.svhealthcare.orgNTEE Category
Code: E220 - Health
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