HEALTH CARE & REHABILITATION SERVICES OF SOUTHEASTERN VT INC (EIN 237017624) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1968

Legal Domicile

Principal Officer

SARAH TRUCKLE

Phone

8028864500

Tax Period

2024-07-01 to 2025-06-30

HEALTH CARE & REHABILITATION SERVICES OF SOUTHEASTERN VT INC, founded in 1968, is a mid-sized nonprofit in the Health Care sector that reported $70.9M in total revenue in fiscal year 2024.

Mission

HCRS PROVIDES SERVICES AND SUPPORT FOR MORE THAN 4,000 PEOPLE ANNUALLY WHO ARE DEALING WITH THE CHALLENGES OF MENTAL HEALTH ISSUES, SUBSTANCE USE, AND/OR DEVELOPMENTAL DISABILITIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,672,633

Program Service Revenue $61,194,400

Investment Income $209,562

Other Revenue $866,184

TOTAL REVENUE $70,942,779

Expense Breakdown

Grants Paid $0

Salaries & Benefits $44,062,774

Fundraising Expenses $0

Program Expenses $62,872,859

Other Expenses $27,495,332

TOTAL EXPENSES $71,558,106

Year-over-Year Comparison

	2024	2023	Change
Revenue	$70,942,779	$66,134,915	+0.1%
Expenses	$71,558,106	$64,804,480	+0.1%
Net Income	$-615,327	$1,330,435	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

716

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

$936,471

Total Directors

Key Employees

$378,859

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE KARABAKAKIS	CEO	40.00	Officer	$211,790	$101,388	$313,178
EDMUND HMOORE IV	FORMER CFO	40.00		$177,349	$58,293	$235,642
ANNE BILODEAU	COO	40.00	Officer	$209,786	$48,357	$258,143
PAUL BOUTIN MD	MEDICAL DIRE	40.00	Key Emp	$312,963	$65,896	$378,859
KATHLEEN LAMPHERE	DIVISION DIR	40.00	Officer	$148,744	$41,192	$189,936
WARREN SERGEANT	IT DIRECTOR	40.00	Officer	$145,115	$30,099	$175,214
LYNN MCCORMICK	PSYCHIATRIST	16.00	Highest	$206,828	$17,458	$224,286
KULSOOM KHAN	MD	40.00	Highest	$264,175	$58,556	$322,731
SHAYER CHOWDHURY	MD	40.00	Highest	$119,399	$15,608	$135,007
ERIC JACOBSON	PA	40.00	Highest	$176,141	$22,295	$198,436
KRISTIN REIFENTATH	DIRECTOR OF	40.00	Highest	$120,727	$16,402	$137,129
PHIL BLACKBURN	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRISTINE HART	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JEFF ACKER	TREASURER	1.00	Officer Director	$0	$0	$0
MARK LATHAM	SECRETARY	1.00	Officer Director	$0	$0	$0
DUNCAN HOLLEY	DIRECTOR	1.00	Director	$0	$0	$0
KATHLEEN MCGRAW	DIRECTOR	1.00	Director	$0	$0	$0
SALVATORE ZAMPANO III	DIRECTOR	1.00	Director	$0	$0	$0
MIKE SCHMITT	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIN HANEY	DIRECTOR	1.00	Director	$0	$0	$0
LAURA RYAN	DIRECTOR	1.00	Director	$0	$0	$0
HETTY THOMAE	DIRECTOR	1.00	Director	$0	$0	$0
SARAH TRUCKLE	CFO	40.00	Officer	$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	$70,942,779	$71,558,106	$26,621,572	$-615,327
2024	$66,134,915	$64,804,480	$24,106,856	$1,330,435
2023	$58,236,885	$57,874,474	$22,367,538	$362,411
2022	$51,453,557	$49,646,270	$22,935,827	$1,807,287
2021	$47,573,414	$45,185,943	$22,048,615	$2,387,471
2020	$48,278,982	$46,615,981	$19,138,172	$1,663,001
2019	$45,324,296	$45,230,392	$16,806,732	$93,904
2018	$44,089,591	$43,222,970	$17,484,950	$866,621

HEALTH CARE & REHABILITATION SERVICES OF SOUTHEASTERN VT INC