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UNIVERSITY HEALTH CENTER INC: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
UNIVERSITY HEALTH CENTER INC (EIN 03-0229931)
Tax period
2015-10-01 to 2016-09-30
Filed
2017-08-14
IRS object ID
201712269349301101
Schema version
2015v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-08-14T09:36:31-05:00ReturnTs
Tax Period End2016-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN030225774PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GALLAGHER FLYNN & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line155 COMMUNITY DRIVE SUITE 401AddressLine1Txt
CitySOUTH BURLINGTONCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05403ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN030229931EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1UNIVERSITY HEALTH CENTER INCBusinessNameLine1Txt
Business Name Line2C/O STEPHEN P ADAMSBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlUNIVBusinessNameControlTxt
Phone8028472550PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1716 SHAW HILL RDAddressLine1Txt
CitySTOWECityNm
State AbbreviationVTStateAbbreviationCd
ZIP05672ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHEN P ADAMS MDPersonNm
Person TitleSECRETARY/TREASURERPersonTitleTxt
Phone8022234188PhoneNum
Signature2017-08-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL S KELLER CPAPreparerPersonNm
PTINP00867541PTIN
Phone8028631331PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerSTEPHEN P ADAMS MDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1716 SHAW HILL RDAddressLine1Txt
CitySTOWECityNm
State AbbreviationVTStateAbbreviationCd
ZIP05672ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,157,166GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1972FormationYr
Legal Domicile StateVTLegalDomicileStateCd
Activity Or MissionADMINISTRATION OF FUNDS FOR USE BY VARIOUS CLINICAL PRACTICES OF FLETCHER ALLEN HEALTH CARE AND SIMILAR DEPARTMENTS AT UNIVERSITY OF VERMONT COLLEGE OF MEDICINEActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,594,544PYInvestmentIncomeAmt
CY Investment Income$413,251CYInvestmentIncomeAmt
PY Other Revenue$918,970PYOtherRevenueAmt
CY Other Revenue$628,003CYOtherRevenueAmt
PY Total Revenue$2,513,514PYTotalRevenueAmt
CY Total Revenue$1,041,254CYTotalRevenueAmt
PY Grants And Similar Paid$1,454,538PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,436,986CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$30,000PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$37,197CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$146,593PYOtherExpensesAmt
CY Other Expenses$129,590CYOtherExpensesAmt
PY Total Expenses$1,631,131PYTotalExpensesAmt
CY Total Expenses$1,603,773CYTotalExpensesAmt
PY Revenues Less Expenses$882,383PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$562,519CYRevenuesLessExpensesAmt
Total Assets BOY$30,055,424TotalAssetsBOYAmt
Total Assets EOY$29,359,401TotalAssetsEOYAmt
Total Liabilities BOY$393,555TotalLiabilitiesBOYAmt
Total Liabilities EOY$260,536TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$29,661,869NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$29,098,865NetAssetsOrFundBalancesEOYAmt
MissionUNIVERSITY HEALTH CENTER'S MISSION IS TO MAINTAIN FUNDS TO BE USED BY VARIOUS MEDICAL PRACTICES OF THE UNIVERSITY OF VERMONT MEDICAL CENTER AND CORRESPONDING DEPARTMENTS OF THE UNIVERSITY OF VERMONT COLLEGE OF MEDICINE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,572,605ExpenseAmt
Grant$1,436,986GrantAmt
Revenue$0RevenueAmt
DescADMINISTRATION OF FUNDS FOR USE BY VARIOUS PRACTICES OF THE UNIVERSITY OF VERMONT MEDICAL CENTER AND SIMILAR DEPARTMENTS AT THE UNIVERSITY OF VERMONT COLLEGE OF MEDICINEDesc
Total Program Service Expenses$1,572,605TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STEPHEN ADAMSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8022534188PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1716 SHAW HILL ROADAddressLine1Txt
CitySTOWECityNm
State AbbreviationVTStateAbbreviationCd
ZIP05672ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MARJORIE MEYER MD
PRESIDENT2.00Yes (X)Yes (X)$0$438,046$131,414
CLAUDE NICHOLS MD
CHAIR2.00Yes (X)Yes (X)$0$749,582$224,875
STEPHEN P ADAMS MD
SECRETARY/ TREASURER5.00Yes (X)Yes (X)$37,197$0$0
MARK CAPELESS MD
DIRECTOR2.00Yes (X)$0$342,429$102,729
JAMES HEBERT MD
DIRECTOR2.00Yes (X)$0$454,685$136,406
SHARON MOUNT MD
DIRECTOR2.00Yes (X)$0$232,898$69,869
ROBERT SHAPIRO MD
DIRECTOR2.00Yes (X)$0$195,730$58,719
JAMES VECCHIO MD
DIRECTOR2.00Yes (X)$0$498,133$149,440
FieldValueIRS element (for citing)
Total Reportable Comp From Org$37,197TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$2,911,503TotReportableCompRltdOrgAmt
Total Other Compensation$873,452TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,925TotalRevenueColumnAmt
Exclusion$21,925ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$6,507,238SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$6,115,912SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$391,326SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$391,326TotalRevenueColumnAmt
Exclusion$391,326ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescREGISTERED INVESTMENT COMPANY INVDesc
Business900099BusinessCd
Total Revenue Column$628,003TotalRevenueColumnAmt
Exclusion$628,003ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$628,003OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,041,254TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,041,254ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,436,986TotalAmt
Program Services$1,436,986ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$37,197TotalAmt
Program Services$37,197ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$25,250TotalAmt
Management And General$25,250ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$836TotalAmt
Program Services$418ProgramServicesAmt
Management And General$418ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$11,000TotalAmt
Program Services$5,500ProgramServicesAmt
Management And General$5,500ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$84,447TotalAmt
Program Services$84,447ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$8,057TotalAmt
Program Services$8,057ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,603,773TotalAmt
Program Services$1,572,605ProgramServicesAmt
Management And General$31,168ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$253,749BOYAmt
EOY$544,786EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$29,674,780BOYAmt
EOY$28,693,067EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$126,895BOYAmt
EOY$121,548EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$30,055,424BOYAmt
EOY$29,359,401EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$16,016BOYAmt
EOY$10,782EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$377,539BOYAmt
EOY$249,754EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$393,555BOYAmt
EOY$260,536EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,821,760BOYAmt
EOY$5,816,719EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$23,840,109BOYAmt
EOY$23,282,146EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$29,661,869BOYAmt
EOY$29,098,865EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$30,055,424BOYAmt
EOY$29,359,401EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$562,519ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$485OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type3 Func IntYes (X)SupportingOrgType3FuncIntInd
Supported Organizations2SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp (2 entries)

EINEINOrganization TypeOrganizationTypeCdGoverning Document ListedGoverningDocumentListedIndSupportSupportAmtOther SupportOtherSupportAmt
UNIVERSITY OF VERMONT MEDICAL CENTER
0302193093Yes (1)$1,015,886$0
UNIVERSITY OF VERMONT & STATE AGRICULTURAL COLLEGE
0301794405Yes (1)$421,100$0
FieldValueIRS element (for citing)
Supported Organizations Total2SupportedOrganizationsTotalCnt
Support Sum$1,436,986SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp

FieldValueIRS element (for citing)
Timely Provided DocumentsYes (1)TimelyProvidedDocumentsInd
Officers Close RelationshipYes (1)OfficersCloseRelationshipInd
Supported Org Voice InvestmentYes (1)SupportedOrgVoiceInvestmentInd

Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp

FieldValueIRS element (for citing)
Activities TestYes (X)ActivitiesTestInd
Activities Further Exempt PrpsYes (1)ActivitiesFurtherExemptPrpsInd
Activities Engaged Org InvlmntYes (1)ActivitiesEngagedOrgInvlmntInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, SECTION D, LINE 3BOARD MEMBERS OF THE UNIVERSITY HEALTH CENTER, INC. (UHC) ARE EMPLOYEES OF THE UNIVERSITY OF VERMONT MEDICAL CENTER AND/OR THE UNIVERSITY OF VERMONT & STATE AGRICULTURAL COLLEGE. AS SUCH, THEY FUNCTION AS AGENTS OF THOSE RESPECTIVE SUPPORTED ORGANIZATIONS IN THEIR CAPACITY TO OVERSEE UHC INVESTMENT POLICIES, SELECT GRANT RECIPIENTS AND DIRECT THE USE OF UHC INCOME AND ASSETS. THE SUPPORTED ORGANIZATIONS ALSO PROVIDE OVERALL APPROVAL FOR INTERNAL DEPARTMENT BUDGETS, WHICH INCLUDE A FUNDING REQUEST TO AND GRANT ALLOCATION FROM UHC.
PART IV, SECTION D, LINE 2ATHE BY-LAWS REQUIRE UNIVERSITY HEALTH CENTER, INC. TO BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF ITS SUPPORTED ORGANIZATIONS, UNIVERSITY OF VERMONT MEDICAL CENTER (EIN: 03-0219309) AND UNIVERSITY OF VERMONT & STATE AGRICULTURAL COLLEGE (EIN: 03-0179440). THE PURPOSE OF UHC IS TO PROVIDE FUNDING TO VARIOUS DEPARTMENTS WITHIN THE SUPPORTING ORGANIZATIONS TO FURTHER THEIR EXEMPT PURPOSE, AS OUTLINED IN THEIR RESPECTIVE TAX FILINGS. THE BOARD AND ITS COMMITTEES MEET ON A QUARTERLY BASIS AT WHICH TIME THEY REVIEW INTERNAL FINANCIAL STATEMENTS, INVESTMENT PERFORMANCE, NEW FUNDING REQUESTS, AND OTHER ITEMS ON AN AS NEEDED BASIS TO ENSURE THE ORGANIZATION OPERATES IN ACCORDANCE WITH ITS STATED PURPOSE. SPENDING BUDGETS ARE REVIEWED PRIOR TO THE START OF EACH FISCAL YEAR AND ANY SIGNIFICANT DEVIATIONS MUST BE APPROVED. THE BOARD ALSO APPROVES ANY CHANGES TO SPENDING OR INVESTMENT POLICIES BASED ON THE NEEDS OF THE SUPPORTED ORGANIZATIONS.
PART IV, SECTION D, LINE 2BTHE BY-LAWS REQUIRE UNIVERSITY HEALTH CENTER, INC. (UHC) TO BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF ITS SUPPORTED ORGANIZATIONS, UNIVERSITY OF VERMONT MEDICAL CENTER (EIN: 03-0219309) AND UNIVERSITY OF VERMONT & STATE AGRICULTURAL COLLEGE (EIN: 03-0179440). THE PURPOSE OF UHC IS TO HOLD AND MANAGE EXEMPT-USE ASSETS AND PROVIDE FUNDING TO VARIOUS DEPARTMENTS WITHIN THE SUPPORTING ORGANIZATIONS TO FURTHER THEIR EXEMPT PURPOSES, AS OUTLINED IN THEIR RESPECTIVE TAX FILINGS.

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescM&T INVESTMENT GROUPDesc
Book Value$28,693,067BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$28,693,067TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DEFERRED COMPENSATION$121,548
COMMITTED FUNDS FOR THE BENEFIT OF OTHERS$128,206
FieldValueIRS element (for citing)
Total Liability$249,754TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$103,227TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$2,019,538NetUnrealizedGainsInvstAmt
Revenue Not Reported$2,019,538RevenueNotReportedAmt
Revenue Subtotal-$1,916,311RevenueSubtotalAmt
Other Revenues Not Included$2,957,565OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$2,957,565RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,041,254TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$40,163TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$40,163ExpensesSubtotalAmt
Other Expenses Not Included$1,563,610OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1,563,610ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,603,773TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:WHEN TAX RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD BE ULTIMATELY SUSTAINED. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS TAKEN ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING BALANCE SHEET ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. INTEREST AND PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS ARE CLASSIFIED AS ADDITIONAL INCOME TAXES IN THE STATEMENTS OF ACTIVITIES. UHC FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. AS OF SEPTEMBER 30, 2015 AND 2014, THERE WERE NO MATERIAL UNRECOGNIZED/DERECOGNIZED TAX BENEFITS OR TAX PENALTIES OR INTEREST. WITH FEW EXCEPTIONS, UHC IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE THE YEAR ENDED SEPTEMBER 30, 2012.
PART XI, LINE 4B - OTHER ADJUSTMENTS:INTEREST AND DIVIDEND INCOME ON INVESTMENTS HELD FOR OTHERS 628,003. REALIZED AND UNREALIZED GAIN ON INVESTMENTS HELD FOR OTHERS 2,329,562.
PART XII, LINE 4B - OTHER ADJUSTMENTS:ALLOCATED EXPENSES ON INVESTMENTS HELD FOR OTHERS 126,630. GRANTS AND ALLOCATIONS ON FUNDS HELD FOR OTHERS - CASH 1,436,980.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (13 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
UVMMC NEUROLOGY DEPARTMENT
111 COLCHESTER AVENUEBURLINGTONVT05401030219309501(C)(3)$30,938GENERAL SUPPORT
UVMMC FAMILY PRACTICE
111 COLCHESTER AVENUEBURLINGTONVT05401030219309501(C)(3)$48,110GENERAL SUPPORT
UVMMC MEDICINE DEPARTMENT
111 COLCHESTER AVENUEBURLINGTONVT05401030219309501(C)(3)$73,890GENERAL SUPPORT
UVMMC GIVEN HEALTH
111 COLCHESTER AVENUEBURLINGTONVT05401030219309501(C)(3)$24,200GENERAL SUPPORT
UVMMC OBGYN
111 COLCHESTER AVENUEBURLINGTONVT05401030219309501(C)(3)$100,635GENERAL SUPPORT
UVMMC ORTHOPEDICSREHAB
111 COLCHESTER AVENUEBURLINGTONVT05401030219309501(C)(3)$182,852GENERAL SUPPORT
UVMMC SURGERY
111 COLCHESTER AVENUEBURLINGTONVT05401030219309501(C)(3)$292,281GENERAL SUPPORT
UVMMC PSYCHIATRY
111 COLCHESTER AVENUEBURLINGTONVT05401030219309501(C)(3)$34,498GENERAL SUPPORT
UVMMC PATHOLOGY
111 COLCHESTER AVENUEBURLINGTONVT05401030219309501(C)(3)$228,482GENERAL SUPPORT
UNIVERSITY OF VERMONT- MEDICINE
85 SOUTH PROSPECT STREETBURLINGTONVT05401030179440501(C)(3)$43,050GENERAL SUPPORT
UNIVERSITY OF VERMONT- SURGERY
85 SOUTH PROSPECT STREETBURLINGTONVT05401030179440501(C)(3)$310,000GENERAL SUPPORTGENERAL SUPPORT
UNIVERSITY OF VERMONT- GIVEN
85 SOUTH PROSPECT STREETBURLINGTONVT05401030179440501(C)(3)$43,050GENERAL SUPPORT
UNIVERSITY OF VERMONT- RESEARCH GRANT
85 SOUTH PROSPECT STREETBURLINGTONVT05401030179440501(C)(3)$25,000GENERAL SUPPORT

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationMANAGEMENT HAS ONGOING INTERACTION WITH GRANTEES AND REVIEWS GRANTEE PERFORMANCE AT MINIMUM ON AN ANNUAL BASIS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MARJORIE MEYER MD
PRESIDENT$0$438,046$0$0$0$0$0$0$0$131,414$0$569,460$0$0
CLAUDE NICHOLS MD
CHAIR$0$749,582$0$0$0$0$0$0$0$224,875$0$974,457$0$0
MARK CAPELESS MD
DIRECTOR$0$342,429$0$0$0$0$0$0$0$102,729$0$445,158$0$0
JAMES HEBERT MD
DIRECTOR$0$454,685$0$0$0$0$0$0$0$136,406$0$591,091$0$0
SHARON MOUNT MD
DIRECTOR$0$232,898$0$0$0$0$0$0$0$69,869$0$302,767$0$0
ROBERT SHAPIRO MD
DIRECTOR$0$195,730$0$0$0$0$0$0$0$58,719$0$254,449$0$0
JAMES VECCHIO MD
DIRECTOR$0$498,133$0$0$0$0$0$0$0$149,440$0$647,573$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11THE ACCOUNTANT AND SECRETARY/TREASURER REVIEW THE FORM 990 ON BEHALF OF THE BOARD OF DIRECTORS. ONCE BOTH ARE SATISFIED THE RETURN IS COMPLETE AND ACCURATE TO THE BEST OF THEIR KNOWLEDGE, THE RETURN IS FILED. THE BOARD AS A WHOLE IS INFORMED THAT THE RETURN HAS BEEN FILED AND IS AVAILABLE FOR INSPECTION IF REQUESTED.
FORM 990, PART VI, SECTION B, LINE 15ATHE BOARD OF DIRECTORS OBTAINS COMPARABLE PAY INFORMATION FROM RELATED ORGANIZATIONS AND ADJUSTS PAY INCREASES TO THE CORRESPONDING PERCENTAGE.
FORM 990, PART VI, SECTION C, LINE 19MANAGEMENT MAKES THESE DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:ADDITIONAL UNREALIZED ADJUSTMENTS -485.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtControlled OrganizationControlledOrganizationInd
UNIVERSITY OF VERMONT MEDICAL CENTER
111 COLCHESTER AVENUEBURLINGTONVT05401030219309VERMONT'S ACADEMIC MEDICAL CENTER AND PRIMARY COMMUNITY HOSPITALVT501(C)(3)170(B)(1)(A)(II)0
UNIVERSITY OF VERMONT & STATE AGRICULTURAL COLLEGE
85 S PROSPECT STBURLINGTONVT05401030179440HIGHER EDUCATIONVT501(C)(3)170(B)(1)(A)(II)0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
UNIVERSITY OF VERMONT MEDICAL CENTER
B$1,015,886CASH SUPPORT
UNIVERSITY OF VERMONT & STATE AGRICULTURAL COLLEGE
B$421,100CASH SUPPORT