Little Rivers Health Care Inc

EIN: 161678092 501(c)(3) Health Care

Newbury, VT

Total Revenue
$12,211,836
Total Expenses
$12,478,666
Total Assets
$5,657,048
Net Assets
$2,193,302
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
VT
Principal Officer
Andrew Barter
Phone
8022224637
Tax Period
2024-01-01 to 2024-12-31

Little Rivers Health Care Inc, founded in 2006, is a mid-sized nonprofit in the Health Care sector that reported $12.2M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

Our mission is to provide respectful, comprehensive primary health care for all residents in our region regardless of their ability to pay for them. We offer quality health care services to everyone. In the spirit of community, we reach out to and welcome those who need health services but have insufficient means to access them. We commit ourselves to continually reduce the burden of illness, injury and disability, and to improve the health and function of the people in our region.

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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 $2,274,215
Program Service Revenue $9,933,371
Investment Income $0
Other Revenue $4,250
TOTAL REVENUE $12,211,836

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,765,936
Fundraising Expenses $0
Program Expenses $10,441,539
Other Expenses $3,712,730
TOTAL EXPENSES $12,478,666

Year-over-Year Comparison

2024 2023 Change
Revenue $12,211,836 $10,967,755 +0.1%
Expenses $12,478,666 $11,167,864 +0.1%
Net Income $-266,830 $-200,109 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
108
Volunteers
14

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
8
$253,594
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Margaret Burmeister Board Chair 1.00
Officer Director
$0 $0 $0
Carole Taylor Board Vice Chair 1.00
Officer Director
$0 $0 $0
Kelsey Root-Winchester Board Secretary 1.00
Officer Director
$0 $0 $0
Elizabeth Davis Board Treasurer 1.00
Officer Director
$0 $0 $0
William Campbell Board Member 1.00
Director
$0 $0 $0
Susan Gaelic Board Member 1.00
Director
$0 $0 $0
Susan Gordon Board Member 1.00
Director
$0 $0 $0
Matthew Knisely Board Member 1.00
Director
$0 $0 $0
Bernice Mills Board Member 1.00
Director
$0 $0 $0
Stacey Pratt Board Member 1.00
Director
$0 $0 $0
Debi Ruggles Board Member 1.00
Director
$0 $0 $0
Darren Sherburne Board Member 1.00
Director
$0 $0 $0
Jill Skochdpole Board Member 1.00
Director
$0 $0 $0
Victoria Dickenson Past Board Treasurer 1.00
Officer Director
$0 $0 $0
Andrew Barter Chief Executive Officer 41.40
Officer
$141,375 $23,156 $164,531
Celeste Pitts Chief Financial Officer-Interim 2.70
Officer
$17,625 $0 $17,625
Thomas Pitts Chief Financial Officer-Interim 10.30
Officer
$71,438 $0 $71,438
Simone Lessac-Chenen Chief Medical Officer 40.00
Highest
$195,920 $46,751 $242,671
Stephen Genereaux Physician 35.20
Highest
$158,508 $41,553 $200,061
Patricia Pratt Physician 35.40
Highest
$162,183 $6,263 $168,446
Carey Brodzinski Psychiatric Nurse Practitioner 38.50
Highest
$152,357 $7,291 $159,648
Grace Kozik Phych NP 39.10
Highest
$123,918 $16,965 $140,883
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 $12,211,836 $12,478,666 $5,657,048 $-266,830
2023 $10,967,755 $11,167,864 $5,597,769 $-200,109
2022 $10,255,548 $10,931,761 $5,641,262 $-676,213
2021 $10,137,492 $10,334,919 $4,989,916 $-197,427
2020 $9,267,445 $8,499,260 $4,801,802 $768,185
2019 $6,968,561 $7,046,432 $3,732,206 $-77,871
2018 $6,396,433 $6,207,363 $3,845,279 $189,070
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