Northern Counties Health Care Inc

EIN: 510199559 501(c)(3) Health Care

St Johnsbury, VT

Total Revenue
$35,566,335
Total Expenses
$36,162,209
Total Assets
$28,856,158
Net Assets
$27,060,938
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
VT
Principal Officer
Christopher Towne
Phone
8027489405
Tax Period
2024-04-01 to 2025-03-31

Northern Counties Health Care Inc, founded in 1976, is a mid-sized nonprofit in the Health Care sector that reported $35.6M in total revenue in fiscal year 2024.

Mission

To provide high-quality, accessible, patient-centered health care.

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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 $5,686,499
Program Service Revenue $29,162,964
Investment Income $713,578
Other Revenue $3,294
TOTAL REVENUE $35,566,335

Expense Breakdown

Grants Paid $55,710
Salaries & Benefits $26,188,885
Fundraising Expenses $0
Program Expenses $32,533,794
Other Expenses $9,917,614
TOTAL EXPENSES $36,162,209

Year-over-Year Comparison

2024 2023 Change
Revenue $35,566,335 $34,443,722 +0.0%
Expenses $36,162,209 $34,036,439 +0.1%
Net Income $-595,874 $407,283 -2.5%
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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Governance

Voting Members
13
Independent Members
13
Employees
378
Volunteers
18

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
$592,442
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Louisa Driscoll President 1.00
Officer Director
$0 $0 $0
Adrienne Hutchin Vice President 1.00
Officer Director
$0 $0 $0
Sarah Galloway Treasurer 1.00
Officer Director
$0 $0 $0
Sung Hee Chung Secretary 1.00
Officer Director
$0 $0 $0
Rita Lafferriere Board Member 1.00
Director
$0 $0 $0
Stacey Henderson Board Member 1.00
Director
$0 $0 $0
Buffie Hegarty Board Member 1.00
Director
$0 $0 $0
Otto Wurzburg Board Member 1.00
Director
$0 $0 $0
Brian Cussimanio Board Member 1.00
Director
$0 $0 $0
Laura Newell Board Member 1.00
Director
$0 $0 $0
Maryellen Griffin Board Member 1.00
Director
$0 $0 $0
Sheri-Lee Ryan Board Member 1.00
Director
$0 $0 $0
Justin Barton-Caplin Board Member 1.00
Director
$0 $0 $0
Michael Costa Past Chief Executive Officer 40.00
Officer
$210,833 $16,850 $227,683
Christopher Towne Chief Executive Officer 40.00
Officer
$168,632 $18,182 $186,814
Angela Neil Chief Financial Officer 40.00
Officer
$167,525 $10,420 $177,945
Sarah Morgan Physician 40.00
Highest
$214,279 $20,390 $234,669
Jay Dege Physician 40.00
Highest
$214,343 $16,530 $230,873
Robert Primeau Physician 38.00
Highest
$202,101 $12,541 $214,642
Emily Oleson Physician 36.00
Highest
$192,033 $14,619 $206,652
Adrienne Rulon Dentist 36.00
Highest
$196,980 $10,088 $207,068
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 $35,566,335 $36,162,209 $28,856,158 $-595,874
2024 $34,443,722 $34,036,439 $30,156,223 $407,283
2023 $35,047,369 $33,151,464 $29,350,943 $1,895,905
2022 $36,751,074 $30,475,828 $28,204,455 $6,275,246
2021 $31,068,164 $27,460,103 $26,172,620 $3,608,061
2020 $28,095,734 $27,164,809 $17,267,497 $930,925
2019 $26,979,484 $25,717,740 $16,811,978 $1,261,744
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