BURLINGTON, VT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)UNIVERSITY MEDICAL EDUCATION ASSOCIATES C/O DEAN'S OFFICE COLLEGE OF MEDICINE, founded in 1971, is a micro nonprofit that reported $13K in total revenue in fiscal year 2023. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $650K exceeded revenue, resulting in a 4764% operating deficit.
UNIVERSITY MEDICAL EDUCATION ASSOCIATES IS AN EDUCATIONAL NOT-FOR-PROFIT CORPORATION ESTABLISHED IN 1971. THE PRIMARY PURPOSE OF UMEA IS TO RECEIVE FUNDS TO BE DISBURSED TO AND FOR THE BENEFIT OF THE COLLEGE OF MEDICINE AT THE UNIVERSITY OF VERMONT. FUNDS ARE EXPENDED TO ASSIST THE COLLEGE OF MEDICINE IN SUPPLEMENTING THE INTERN-RESIDENT PROGRAMS, RESEARCH AND EDUCATION PROGRAMS TO INSURE THAT TOP QUALITY EFFORTS ARE ABLE TO CONTINUE AND SLOURISH.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $13,358 | $703,162 | -1.0% |
| Expenses | $649,668 | $830,780 | -0.2% |
| Net Income | $-636,310 | $-127,618 | +4.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RICHARD PAGE | PRESIDENT | 4.00 |
Officer
Director
|
$0 | $76,303 | $987,872 |
| BRIAN COTE | VICE-PRESIDENT | 4.00 |
Officer
Director
|
$0 | $40,423 | $319,993 |
| LEWIS FIRST | TRUSTEE | 1.00 |
Director
|
$0 | $95,115 | $659,353 |
| IRA BERNSTEIN | TRUSTEE (END 12/23) | 1.00 |
Director
|
$0 | $116,321 | $785,793 |
| KRISTEN DESTIGTER | TRUSTEE | 1.00 |
Director
|
$0 | $103,585 | $925,890 |
| JASON SANDERS | TRUSTEE | 1.00 |
Director
|
$0 | $64,910 | $753,297 |
| RICK VINCENT | TRUSTEE | 1.00 |
Director
|
$0 | $53,639 | $836,719 |
| CATHY DAVIS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KRISTIN BAHN | TREASURER | 4.00 |
Officer
Director
|
$0 | $35,210 | $138,225 |
| REBECCA ASLAKSON | TRUSTEE | 1.00 |
Director
|
$0 | $69,763 | $750,095 |
| RAMSEY HERRINGTON | TRUSTEE (START 01/24) | 1.00 |
Director
|
$0 | $99,802 | $777,280 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $13,358 | $649,668 | $64,203,716 | $-636,310 |
| 2023 | $703,162 | $830,780 | $59,693,918 | $-127,618 |
| 2022 | $1,062,895 | $916,759 | $57,134,635 | $146,136 |
| 2021 | $1,604,129 | $7,343,172 | $66,989,279 | $-5,739,043 |
| 2020 | $893,182 | $1,209,874 | $61,482,892 | $-316,692 |
| 2019 | $921,661 | $1,185,643 | $62,815,657 | $-263,982 |
Compare UNIVERSITY MEDICAL EDUCATION ASSOCIATES C/O DEAN'S OFFICE COLLEGE OF MEDICINE with other nonprofits in Vermont and across the country.