2026-08-06T12:25:46+00:00 2025-09-30 440160260 FORVIS MAZARS LLP 910 E ST LOUIS 200 PO BOX 1190 SPRINGFIELD MO 658062523 990 2024-10-01 030301457 COPLEY HEALTH SYSTEMS INC COPL 8028888888 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 JOSEPH WOODIN CEO 8028888888 2026-08-06 true true BRIAN TODD P00422601 4178658701 2026-08-06 2024 2025-03-06 01:10:19Z JOSEPH WOODIN 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 3410118 false X WWW.COPLEYVT.ORG X 1987 VT COPLEY HEALTH SYSTEMS, INC. IS THE PARENT COMPANY OF SEVERAL ENTITIES THAT IT CONTROLS THROUGH SOLE CORPORATE MEMBERSHIP. 17 15 0 50 0 0 1052028 929178 768 802 533153 941657 -28611 -31386 1557338 1840251 1117851 2612162 0 84173 89139 0 184774 277547 158767 1479571 2860068 77767 -1019817 19004959 23778190 256526 138535 18748433 23639655 COPLEY HEALTH SYSTEMS, INC. IS THE PARENT COMPANY OF SEVERAL ENTITIES THAT IT CONTROLS THROUGH SOLE CORPORATE MEMBERSHIP. IT PROVIDES STRATEGIC AND FIDUCIARY LEADERSHIP FOR THE PHILANTHROPIC ENDEAVORS OF COPLEY HEALTH SYSTEMS, INC. AND ITS SUBSIDIARIES. false false 2671923 2612162 802 COPLEY HEALTH SYSTEMS, INC. SUPPORTS THE ADVANCEMENT OF PROGRAMS THAT CONTRIBUTE TO THE PHYSICAL AND EMOTIONAL WELL-BEING OF THE COMMUNITIES IT SERVES. PROGRAMS ARE GEARED TOWARDS THE CARE, TREATMENT, HEALING AND EDUCATION OF OUR PATIENTS. THE ACTIVITIES OF THE SUBSIDIARIES MUST BE CHARITABLE, SCIENTIFIC, OR EDUCATIONAL. COPLEY HOSPITAL SHALL NOT OPERATE EXCLUSIVELY FOR THE BENEFIT OF ANY ONE AFFILIATED TAX-EXEMPT ORGANIZATION. 2671923 true true false false false false false false false true true true false false true false false false false false false false false false true false false true true true false false false false false false false false false false false false false false false true true true false false true X 0 0 0 false false false false false true true false false false false false false X 17 15 false false false false true true false true true false false false true true true true true true true true false false X ANGELA LAMELL 8028888222 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 ANNE BONGIORNO VICE CHAIR END / CHAIR BEG 02/25 0.1 1.9 X X 0 0 0 BOB BLEIMEISTER TREASURER 0.1 1.9 X X 0 0 0 CARL SZLACHETKA TRUSTEE / CO VICE CHAIR BEG 02/25 0.1 2.9 X X 0 0 0 DEBORAH POMEROY SECRETARY 0.1 1.9 X X 0 0 0 JOSEPH WOODIN CEO 1.0 39.0 X X 0 558717 29723 KATHY DEMARS CHAIR END / CO VICE CHAIR BEG 02/25 0.1 1.9 X X 0 0 0 ALDEN LAUNER TRUSTEE 0.1 1.9 X 0 0 0 BETHANY SALVAS TRUSTEE 0.1 2.9 X 0 0 0 CAMERON PAGE TRUSTEE 0.1 1.9 X 0 0 0 CHRISTOPHER TOWNE TRUSTEE END 01/25 0.1 1.9 X 0 0 0 DAN NOYES TRUSTEE 0.1 1.9 X 0 0 0 DIANE COTE TRUSTEE 0.1 1.9 X 0 0 0 FRANCIS LANDREY TRUSTEE 0.1 1.9 X 0 0 0 JAMES HODGE TRUSTEE 0.1 1.9 X 0 0 0 MIKE FEULNER TRUSTEE 0.1 1.9 X 0 0 0 NAN CARLE BEAUREGARD TRUSTEE 0.1 2.9 X 0 0 0 PAMELA STANYON TRUSTEE END 04/25 0.1 1.9 X 0 0 0 SETH ABBENE TRUSTEE BEG 02/25 0.1 1.9 X 0 0 0 TRAVIS KNAPP TRUSTEE / ANESTHESIA DIRECTOR 0.1 39.9 X 0 499894 53680 CAROL FERRANTE INTERIM COO BEG 06/25 1.0 39.0 X 0 143317 40962 JEFFREY HEBERT CFO 1.0 39.0 X 0 295728 8710 SAMANTHA ALLAIRE CNO 1.0 39.0 X 0 134926 43950 WAYNE STOCKBRIDGE CHIEF ADMIN & HR OFFICER 1.0 39.0 X 0 274889 40300 0 1907471 217325 0 false true false 0 114777 10000 804401 21265 929178 OTHER REVENUE 900099 802 802 0 0 0 0 802 282416 282416 0 0 2180227 1520986 659241 0 659241 659241 17495 114777 48881 -31386 -31386 0 0 0 0 0 1840251 802 0 910271 2585452 2585452 26710 26710 68568 68568 20571 20571 3371 3371 117128 48700 0 68428 37207 10000 27207 1061 1061 0 0 0 0 2860068 2671923 3371 184774 1040500 4007175 748317 598928 300 0 0 0 0 0 2534 2842 989630 17277 972353 972353 12870237 14521635 3349534 3653622 0 21184 21635 19004959 23778190 6283 11472 58058 77592 0 0 192185 49471 256526 138535 X 11096489 20370053 7651944 3269602 18748433 23639655 19004959 23778190 X -1019817 1369458 -26670 4568251 X true X false X true false X X 3 COPLEY HOSPITAL INC 030179423 3 true 2585452 0 COPLEY WOODLANDS INC 030352086 9 true 0 0 LAMOILLE AREA HOUSING CORPORATION 030272055 9 true 0 0 3 2585452 0 true false false false false false false false false false false false false false false true RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2381012 40076 0 2421088 5249881 31730 -2900599 2381012 5034191 31180 184510 5249881 4866658 40000 127533 5034191 4765579 300 100779 4866658 0.0 1.0 0.0 false false 972353 972353 17277 17277 0 972353 CLOSELY-HELD EQUITY INTERESTS FINANCIAL DERIVATIVES INVESTMENT IN WOODLANDS 3650422 F INVESTMENT IN HEALTH CENTER BUILDING 3200 F 3653622 FEDERAL INCOME TAXES DUE TO RELATED PARTY 49471 49471 SCHEDULE D, PART X, LINE 2 UNCERTAIN TAX POSITIONS MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART V, LINE 4 INTENDED USES OF ENDOWMENT FUNDS THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO HELP SERVE THE LONG-TERM VIABILITY OF COPLEY HOSPITAL, INC. GOLF SCRAMBLE 30265 25240 5025 5052 0 0 1513 ART EVENT 74015 66395 7620 1500 17566 0 9883 1 27992 23142 4850 0 3840 500 9027 132272 114777 17495 6552 21406 500 20423 48881 -31386 true COPLEY HOSPITAL INC 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 030179423 501(C)(3) 2585452 SUPPORT 1 0 SCHOLARSHIPS 10 26710 SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING USE OF GRANT FUNDS GRANT FUNDS WERE AWARDED TO AN AFFILIATED ENTITY WHICH UTILIZES THE SAME ACCOUNTING STAFF, SO ALL GRANT AWARDS WERE MONITORED INTERNALLY. false false false false false false false false false JOSEPH WOODIN CEO 0 521027 0 0 0 37690 0 11500 0 18223 0 588440 0 0 TRAVIS KNAPP TRUSTEE / ANESTHESIA DIRECTOR 0 458457 0 0 0 41437 0 10338 0 43342 0 553574 0 0 CAROL FERRANTE INTERIM COO BEG 06/25 0 122126 0 0 0 21191 0 5493 0 35469 0 184279 0 0 JEFFREY HEBERT CFO 0 261290 0 0 0 34438 0 7573 0 1137 0 304438 0 0 SAMANTHA ALLAIRE CNO 0 114343 0 0 0 20583 0 2585 0 41365 0 178876 0 0 WAYNE STOCKBRIDGE CHIEF ADMIN & HR OFFICER 0 236889 0 0 0 38000 0 7340 0 32960 0 315189 0 0 SCHEDULE J, PART I, LINE 3 ARRANGEMENT USED TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION COPLEY HOSPITAL, INC, A RELATED PARTY OF THE ORGANIZATION, USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART V, LINE 2A COMMON PAYMASTER ARRANGEMENT & SALARIES COPLEY HOSPITAL INC, A RELATED PARTY OF THE CORPORATION, FILES ALL W-2'S AND W-3'S ON BEHALF OF COPLEY HEALTH SYSTEMS, INC. FORM 990, PART VI, LINE 15 PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL THE ORGANIZATION'S CEO IS PAID BY COPLEY HOSPITAL, A RELATED ORGANIZATION. THE CEO'S PAY IS DETERMINED BY USING MARKET SURVEY COMPENSATION DATA FROM THE NNE HEALTHCARE COMP SURVEY. THE CEO'S COMPENSATION IS ALSO APPROVED BY THE BOARD. SENIOR LEADERSHIP AND OTHER HIGHLY COMPENSATED INDIVIDUALS HAVE THEIR PAY RANGES DETERMINED THROUGH MARKET DATA FROM THE NNE HEALTHCARE COMPENSATION SURVEY. FORM 990, PART VI, LINE 6 7A & 7B - MEMBERS/ STOCKHOLDERS COPLEY HEALTH SYSTEMS, INC IS COMPOSED OF INDIVIDUALS WHO WERE MEMBERS OF COPLEY HOSPITAL, INC. ON DECEMBER 31, 1986, AND INDIVIDUALS WHO SUPPORT THE CORPORATION'S PURPOSE AND BELIEVE IN ITS MISSION. MEMBERS SHALL BE APPOINTED TO ONE, TWO AND THREE YEAR TERMS WHICH CORRESPOND TO THE LENGTH OF THEIR RESPECTIVE TERMS AS FORMER MEMBERS OF COPLEY HOSPITAL, INC. UPON EXPIRATION OF THESE TERMS, MEMBERS MAY BE RE-ELECTED AND NEW MEMBERS MAY BE ELECTED AT ANY ANNUAL MEETING OF THE MEMBERS. MEMBERS SHALL BE REQUIRED TO COMPLETE A WRITTEN MEMBERSHIP APPLICATION. MEMBERSHIP IN THE CORPORATION IS NOT TRANSFERABLE OR ASSIGNABLE. EACH YEAR, THE MEMBERS WILL HOLD AN ANNUAL MEETING. THE PURPOSES OF THE ANNUAL MEETING SHALL INCLUDE THE ELECTION OF MEMBERS TO THE CORPORATION, THE ELECTION OF TRUSTEES TO THE CORPORATION'S BOARD OF TRUSTEES, THE ELECTION OF THE COMMUNITY MEMBER AT LARGE OF THE GOVERNANCE AND BYLAWS COMMITTEE, AND THE TRANSACTION OF SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEMBERSHIP. THE BOARD SHALL CONSIST OF UP TO TWENTY-ONE ELECTED MEMBERS, THE CHIEF STAFF OF COPLEY HOSPITAL, INC. ALL AS VOTING MEMBERS. ALL TRUSTEES MUST BE MEMBERS OF THE CORPORATION. FORM 990, PART VI, LINE 11B REVIEW OF FORM 990 BY GOVERNING BODY THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE REVIEWED FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY THE ACCOUNTING DEPARTMENT OF THE ORGANIZATION. PRIOR TO FILING, A TENTATIVE DRAFT OF THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS. A COMPLETE COPY OF THE FORM IS MADE AVAILABLE TO ALL MEMBERS OF THE GOVERNING BODY THROUGH THE FINANCE OFFICE. FORM 990, PART VI, LINE 12C CONFLICT OF INTEREST POLICY THE GOVERNANCE COMMITTEE REVIEWS THE STATEMENTS AND SURVEYS COMPLETED BY INTERESTED PERSONS AND MAINTAINS A LIST OF INDIVIDUALS WHO MAY BE CONSIDERED DISQUALIFIED PERSONS UNDER IRS REGULATIONS. THE GOVERNANCE COMMITTEE REPORTS THE RESULTS OF ITS REVIEWS ANNUALLY TO THE BOARD. THE INTERNAL COMPLIANCE COMMITTEE OF THE CORPORATION REVIEWS ANY POTENTIAL CONFLICT OF INTEREST WHICH INVOLVES AN INTERESTED PERSON WHO IS NOT A TRUSTEE OR OFFICER OF THE CORPORATION. THE INTERNAL COMPLIANCE COMMITTEE REPORTS THE RESULTS OF ITS REVIEWS ANNUALLY TO THE BOARD. FORM 990, PART VI, LINE 19 REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC THE GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY AND MATRIX ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE SUMMARIZED IN AN ANNUAL REPORT THAT IS AVAILABLE TO THE PUBLIC. THE HOSPITAL ALSO SUBMITS BOTH THEIR BUDGET AND ACTUAL FINANCIAL INFORMATION TO THE STATE OF VERMONT'S DEPARTMENT OF FINANCIAL REGULATION. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES TRANSFER FROM AFFILIATES - 4266912; CHANGE IN INVESTMENT IN WOODLANDS - 300888; CHANGE IN BENEFICIAL INTEREST IN TRUST - 451; TOTAL - 4568251; LAMOILLE AREA HOUSING CORPORATION COPLEY TERRACE PROJECT 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 030272055 HUD HOUSING VT 501(C)(3) 10 CHSI true COPLEY HOSPITAL INC 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 030179423 HOSPITAL VT 501(C)(3) 3 CHSI true COPLEY WOODLANDS INC 125 THOMAS LANE STOWE VT 05672 030352086 ASSISTED LIVING VT 501(C)(3) 10 CHSI true HEALTH CENTER BUILDING INC 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 030220357 OFFICE BLDG RENT VT CHSI C CORPORATION 366440 1494596 1.0000 true false true false false false false false false false false false true false true true true true false true COPLEY HOSPITAL INC B 2585452 FMV LAMOILLE AREA HOUSING CORPORATION COPLEY TERRACE PROJECT S 4266912 FMV