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Southwestern Vermont Medical Center INC

Public charity
DBA: % STEPHEN MAJETICH
Other · BENNINGTON, VT · EIN 22-2563241

About

Organization's mission: also, to promote and support the development and maintenance of a highly efficient, patient-focused, integrated healthcare delivery system. Our vision: southwestern vermont health care is recognized as a preeminent, rural integrated health care system that provides exceptional, convenient, safe, and affordable care. Our values: known by the acronym quests, SVHC expects its employees to model the following values. Quality: achieving the BEST possible outcomes and satisfying the customer in the most cost-effective manner. Empathy: treating others in a compassionate and sensitive manner. Safety: preventing HARM to patients from treatment that is intended to help them and to employees from an environment that is intended to support them. Teamwork: promoting interpersonal relationships to enhance a successful team. Stewardship: conserving resources and making decisions that achieve the highest value at the lowest cost.

In care of Stephen Majetich

Donations are tax-deductible
Category
Other
Employees
1,227
Volunteers
19

Financial Snapshot

FY ending 2024-09-30
Revenue
$228.8M
Expenses
$225.3M
Assets
$135.0M
Liabilities
$81.1M

Financial history

$228.8M$114.4M$0
161718192021222324
RevenueExpenses
Latest FY2024: $228.8M · Avg: $184.5M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$27K
Grants Given
$8K
SOUTHWESTERN VERMONT MEDICAL CENTER INC
Your actions

Address

100 Hospital DR
Bennington, VT, 05201-500

Governance

Voting board members20
Independent members16
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Permanent endowment %76.5%
Endowment held by related orgYes
Public records
ProPublica Nonprofit Explorer
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