LIVING WELL GROUP INC

EIN: 030358421 501(c)(3) Human Services

BURLINGTON, VT

Total Revenue
$6,334,182
Total Expenses
$6,559,456
Total Assets
$6,103,295
Net Assets
$-495,218
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
VT
Principal Officer
WENDY AUDETTE STARTED OCTOBER 2023
Phone
8026581573
Tax Period
2023-01-01 to 2023-12-31

LIVING WELL GROUP INC, founded in 2003, is a community nonprofit in the Human Services sector that reported $6.3M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

RESIDENT-FOCUSED CARING FOR ELDERS THAT PROMOTES WELL-BEING WITHIN A WIDE RANGE OF COMMUNITY CONNECTIONS.

Program Service Accomplishments

Program 1
Expenses: $6,029,792 Revenue: $5,192,758

LIVING WELL GROUP, INC OPERATES TWO RESIDENTIAL CARE HOMES BASED ON A HOLISTIC APPROACH TO HEALTH CARE AND WELLNESS WITHIN THE INDIVIDUAL CIRCUMSTANCES OF EACH RESIDENT. THE ORGANIZATION PROVIDES...

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LIVING WELL GROUP, INC OPERATES TWO RESIDENTIAL CARE HOMES BASED ON A HOLISTIC APPROACH TO HEALTH CARE AND WELLNESS WITHIN THE INDIVIDUAL CIRCUMSTANCES OF EACH RESIDENT. THE ORGANIZATION PROVIDES ACCESS TO ACTIVITIES TO KEEP THE RESIDENTS ACTIVE IN THE LOCAL COMMUNITY. LIVING WELL GROUP IS DEDICATED TO WHOLE-PERSON QUALITY CARE AND SUSTAINABLE PRACTICES. THE TWO LOCATIONS: ETHAN ALLEN RESIDENCE, BURLINGTON, VT SERVES UP TO 40 RESIDENTS AND HEATON WOODS RESIDENCE IN MONTPELIER, VT SERVES UP TO 51 RESIDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,041,759
Program Service Revenue $5,192,758
Investment Income $0
Other Revenue $99,665
TOTAL REVENUE $6,334,182

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,265,516
Fundraising Expenses $4,422
Program Expenses $6,029,792
Other Expenses $2,293,940
TOTAL EXPENSES $6,559,456

Year-over-Year Comparison

2023 2022 Change
Revenue $6,334,182 $5,602,377 +0.1%
Expenses $6,559,456 $6,097,328 +0.1%
Net Income $-225,274 $-494,951 -0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
195
Volunteers
4

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
5
$88,441
Total Directors
10
$88,441
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WENDY AUDETTE STARTED OCTOBER 2023 EXECUTIVE DI 40.00
Officer Director
$20,192 $0 $20,192
BETH HAMMOND LEFT JULY 2023 EXECUTIVE DI 40.00
Officer Director
$66,825 $1,424 $68,249
JIM HOLWAY PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRISTOPHER TROMBLY TREASURER 1.00
Officer Director
$0 $0 $0
TIM FORTUNE SECRETARY 1.00
Officer Director
$0 $0 $0
ROBERT GOWANS DIRECTOR 1.00
Director
$0 $0 $0
SAL ALFANO LEFT IN 2023 DIRECTOR 1.00
Director
$0 $0 $0
NANCY NATVIG LEFT IN 2023 DIRECTOR 1.00
Director
$0 $0 $0
RUTH HOGAN LEFT IN 2023 DIRECTOR 1.00
Director
$0 $0 $0
SUSAN HERRICK LEFT IN 2023 DIRECTOR 1.00
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
2024 No data No data No data No data
2023 $6,334,182 $6,559,456 $6,103,295 $-225,274
2022 $5,602,377 $6,097,328 $6,538,874 $-494,951
2021 $5,820,072 $6,159,898 $7,357,011 $-339,826
2020 $6,653,387 $6,465,654 $6,663,213 $187,733
2019 $5,841,428 $5,724,414 $6,551,644 $117,014
2018 $5,738,856 $5,580,865 $6,726,493 $157,991
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