WASHINGTON COUNTY MENTAL HEALTH SERVICES INC

EIN: 030215872 501(c)(3)

MONTPELIER, VT

Total Revenue
$78,500,168
Total Expenses
$75,028,047
Total Assets
$38,219,338
Net Assets
$24,507,632
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
VT
Principal Officer
HEIDI SPAULDING
Phone
8022291399
Tax Period
2024-07-01 to 2025-06-30

WASHINGTON COUNTY MENTAL HEALTH SERVICES INC, founded in 1967, is a mid-sized nonprofit that reported $78.5M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $75.0M left a modest 4% surplus.

Mission

WASHINGTON COUNTY MENTAL HEALTH SERVICES ADVOCATES INCLUSION OF ALL PERSONS INTO OUR COMMUNITY AND ACTIVELY ENCOURAGES SELF-DETERMINATION AND RECOVERY BY SERVING INDIVIDUALS AND FAMILIES COPING WITH MENTAL HEALTH AND DEVELOPMENTAL DISABILITY-RELATED CHALLENGES WITH MODEL SERVICES TO ASSIST THEM IN ACHIEVING THEIR HIGHEST LEVEL OF POTENTIAL AND QUALITY OF LIFE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,190,216
Program Service Revenue $72,085,255
Investment Income $224,697
Other Revenue $0
TOTAL REVENUE $78,500,168

Expense Breakdown

Grants Paid $0
Salaries & Benefits $50,756,526
Fundraising Expenses $0
Program Expenses $64,080,942
Other Expenses $24,271,521
TOTAL EXPENSES $75,028,047

Year-over-Year Comparison

2024 2023 Change
Revenue $78,500,168 $70,669,975 +0.1%
Expenses $75,028,047 $69,142,262 +0.1%
Net Income $3,472,121 $1,527,713 +1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
815
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$514,121
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUSTIN ROGER KNAPP MEDICAL DIRE 40.00
Highest
$232,035 $22,333 $254,368
ROBERT DUNCAN PSYCHIATRIST 40.00
Highest
$174,679 $31,200 $205,879
HEIDI SPAULDING CFO 40.00
Officer
$160,163 $31,109 $191,272
JESSICA KELL COO 40.00
Officer
$150,568 $22,242 $172,810
PAUL LEVIN DIRECTOR 40.00
Highest
$142,816 $19,359 $162,175
KEITH GRIER DIRECTOR 40.00
Highest
$129,818 $31,108 $160,926
MARY MOULTON EXECUITIVE D N/A
$147,958 $11,121 $159,079
KAREN KURRLE DIRECTOR 40.00
Highest
$119,641 $31,109 $150,750
BETH SIGHTLER EXECUTIVE DI 40.00
Officer
$128,634 $21,405 $150,039
AMY CAFFRY BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTEN CHANDLER VICE PRESIDE 1.00
Officer Director
$0 $0 $0
FAITH COVEY BOARD MEMBER 1.00
Director
$0 $0 $0
REGAN DEMASI BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT HARVEY TREASURER 1.00
Officer Director
$0 $0 $0
SARAH HOLLAND PRESIDENT 1.00
Officer Director
$0 $0 $0
ERIC NORDENSON BOARD MEMBER 1.00
Director
$0 $0 $0
DEBBIE REYNOLDS BOARD MEMBER 1.00
Director
$0 $0 $0
KRIS ROWLEY BOARD MEMBER 1.00
Director
$0 $0 $0
CINDY TABOR BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL WALLACE-BRODEUR SECRETARY 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $78,500,168 $75,028,047 $38,219,338 $3,472,121
2024 No data No data No data No data
2023 $67,433,518 $65,707,640 $33,792,126 $1,725,878
2022 $61,997,285 $59,487,243 $30,354,916 $2,510,042
2021 $58,801,152 $55,255,046 $30,263,441 $3,546,106
2020 $57,017,355 $55,656,442 $26,686,292 $1,360,913
2019 $53,654,348 $52,805,232 $23,060,952 $849,116
2018 $52,030,504 $51,929,912 $21,244,552 $100,592
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