Skip to main content

Nonprofit · EIN 22-2610477

CENTRAL VT MEDICAL CENTER INC

Also known as CREDIT UNION

Tax-exempt · BARRE, VT 05641

Financials

$726K$596K2023$771K$867K2024$698K$607K2025
Revenue Expenses · by fiscal year end
Financials of CENTRAL VT MEDICAL CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$698,016$606,764$91,252$12,511,404$9,207,964$3,303,440
December 31, 2024990$770,827$866,826-$95,999$11,518,906$8,306,718$3,212,188
December 31, 2023990$726,406$595,813$130,593$12,862,476$9,553,091$3,309,385
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$371,112
Investment income
$290,053
Other revenue
$36,851

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$124,961
Other salaries and wages
$109,524
Salaries, compensation and benefits (total)
$255,544
Professional fundraising fees
$0
Accounting fees
$25,507
Occupancy
$17,776
Depreciation
$13,484

Balance sheet and other

Total assets, start of year
$11,518,906
Total assets, end of year
$12,511,404
Total liabilities, end of year
$9,207,964
Net assets, end of year
$3,303,440
Land, buildings and equipment
$19,968
Gross unrelated business income
$944
Gross receipts
$698,016
Employees
3
Volunteers
10
Year formed
1970
State of legal domicile
VT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
PATRICK REEVESTREASURER AN
Trustee or director, Officer
40$124,961
KELLY FOYVICE CHAIRPE
Trustee or director, Officer
0.5$0
EILEEN HEEBOARD MEMBER
Trustee or director
0.5$0
KELLY HOLLANDCHAIRPERSON
Trustee or director, Officer
0.5$0
DIXIE MERCIERBOARD MEMBER
Trustee or director
0.5$0
MICHELLE QUESNELBOARD MEMBER
Trustee or director
0.5$0
ORESTE READERBOARD MEMBER
Trustee or director
0.5$0
KATE SWEENEYBOARD MEMBER
Trustee or director
0.5$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensation
PATRICK REEVESTREASURER AN
Trustee or director, Officer
40$126,367
KELLY FOYVICE CHAIRPE
Trustee or director, Officer
–$0
EILEEN HEEBOARD MEMBER
Trustee or director
–$0
KELLY HOLLANDCHAIRPERSON
Trustee or director, Officer
–$0
DIXIE MERCIERBOARD MEMBER
Trustee or director
–$0
MICHELLE QUESNELBOARD MEMBER
Trustee or director
–$0
ORESTE READERBOARD MEMBER
Trustee or director
–$0
KATE SWEENEYBOARD MEMBER
Trustee or director
–$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
PATRICK REEVESTREASURER AN
Trustee or director, Officer
40$92,724
KELLY FOYVICE CHAIRPE
Trustee or director, Officer
–$0
EILEEN HEEBOARD MEMBER
Trustee or director
0$0
KELLY HOLLANDCHAIRPERSON
Trustee or director, Officer
–$0
DIXIE MERCIERBOARD MEMBER
Trustee or director
–$0
MICHELLE QUESNELBOARD MEMBER
Trustee or director
–$0
ORESTE READERBOARD MEMBER
Trustee or director
–$0
KATE SWEENEYBOARD MEMBER
Trustee or director
–$0

Address and contacts

Address (IRS master file)
PO BOX 547, BARRE, VT 05641-0547
In care of
% BANKING & INSURANCE DEPT
Principal officer (990 for 2025)
PATRICK REEVES, PO BOX 547, BARRE, VT 05641
Signed the 990
PATRICK REEVES, TREASURER AND CEO
Phone
(802) 371-4211
Return prepared by
MYSTIC ACCOUNTING GROUP LLP

Mission

CREDIT UNION MEMBER SERVICES. CENTRAL VT MEDICAL CENTER CREDIT UNION WAS ESTABLISHED TO PROVIDE COMPETITIVE LOAN AND DEPOSIT PRODUCTS AND MEET FINANCIAL NEEDS OF ITS MEMBER BASE.

990 for the year ended December 31, 2025

Program accomplishments

  • MAINTENANCE OF MEMBERS' ACCOUNTS AND THE PAYMENT OF INTEREST AND DIVIDENDS THERON. NUMBER OF DEPOSIT ACCOUNTS IS 2,465. MAKING LOANS TO MEMBERS AT INTEREST. NUMBER OF LOAN ACCOUNTS IS 405.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-2610477
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1987
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,511,404
Income (IRS master file)
$698,016

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$698,016$606,764$12,511,404XML
990December 2024$770,827$866,826$11,518,906XML
990December 2023$726,406$595,813$12,862,476XML
990December 2022$551,943$445,721$14,110,635IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2610477).

Questions about CENTRAL VT MEDICAL CENTER INC

What is the EIN of CENTRAL VT MEDICAL CENTER INC?
The employer identification number (EIN) of CENTRAL VT MEDICAL CENTER INC is 22-2610477.
Is CENTRAL VT MEDICAL CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1987.
Are donations to CENTRAL VT MEDICAL CENTER INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CENTRAL VT MEDICAL CENTER INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CENTRAL VT MEDICAL CENTER INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CENTRAL VT MEDICAL CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of CENTRAL VT MEDICAL CENTER INC?
The 990 for the year ended December 31, 2025 names PATRICK REEVES.
Who are the officers and directors of CENTRAL VT MEDICAL CENTER INC?
The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $124,961 (PATRICK REEVES, TREASURER AN).
How much revenue does CENTRAL VT MEDICAL CENTER INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $698,016, expenses of $606,764 and total assets of $12,511,404 at year end.

Other nonprofits in BARRE

All nonprofits in BARRE · Vermont