2024-11-01T08:22:38-05:00 2024-06-30 030327374 MCSOLEY MCCOY & CO 118 TILLEY DRIVE STE 202 SOUTH BURLINGTON VT 05403 990 2023-07-01 237107832 UNIVERSITY MEDICAL EDUCATION ASSOCIATES C/O DEAN'S OFFICE COLLEGE OF MEDICINE UNIV 8026562156 89 BEAUMONT AVENUE BURLINGTON VT 05405 KRISTIN BAHN TREASURER 8026562156 2024-10-31 1 0 CONNIE FELLION P01875413 8026581808 2024-10-30 2023 2024-10-15 13:58:12Z KRISTIN BAHN 89 BEAUMONT AVENUE BURLINGTON VT 05405 2983261 0 X N/A X 1971 VT 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. 10 1 0 0 0 0 399147 0 0 0 304015 13358 0 0 703162 13358 0 0 0 0 0 0 0 0 0 830780 649668 830780 649668 -127618 -636310 59693918 64203716 43985735 48324979 15708183 15878737 UNIVERSITY MEDICAL EDUCATION ASSOCIATES, INC. IS A COMPONENT UNIT OF THE UNIVERSITY OF VERMONT WITH THE PURPOSE OF SUPPORTING THE OPERATIONS, ACTIVITIES, AND OBJECTIVES OF THE COLLEGE OF MEDICINE OF THE UNIVERSITY OF VERMONT. 0 0 537013 PROGRAM SERVICES INCLUDE SUPPLEMENTING MEDICAL RESEARCH, EDUCATION AND RELATED EXPENDITURES IN ORDER TO ENSURE THE TOP QUALITY EDUCATIONAL PROGRAMS OF THE UNIVERSITY OF VERMONT COLLEGE OF MEDICINE. 537013 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X KRISTIN BAHN 8026562156 E-126 GIVEN BLDG 89 BEAUMONT AVE BURLINGTON VT 05405 RICHARD PAGE PRESIDENT 4.00 X X 0 911569 76303 BRIAN COTE VICE-PRESIDENT 4.00 X X 0 279570 40423 LEWIS FIRST TRUSTEE 1.00 X 0 564238 95115 IRA BERNSTEIN TRUSTEE (END 12/23) 1.00 X 0 669472 116321 KRISTEN DESTIGTER TRUSTEE 1.00 X 0 822305 103585 JASON SANDERS TRUSTEE 1.00 X 0 688387 64910 RICK VINCENT TRUSTEE 1.00 X 0 783080 53639 CATHY DAVIS TRUSTEE 1.00 X 0 0 0 KRISTIN BAHN TREASURER 4.00 X X 0 103015 35210 REBECCA ASLAKSON TRUSTEE 1.00 X 0 680332 69763 RAMSEY HERRINGTON TRUSTEE (START 01/24) 1.00 X 0 677478 99802 0 6179446 755071 0 0 1 0 0 525950 525950 2457311 2969903 -512592 -512592 -512592 13358 0 0 13358 800 800 32450 32450 36500 36500 28710 28710 13075 13075 PROGRAM BRIDGING 311451 311451 LEADERSHIP RECRUITMENT 225562 225562 MISCELLANEOUS 1120 1120 649668 537013 112655 0 1020601 179361 565303 0 18663 11410 58089351 64012945 59693918 64203716 575181 438863 43410554 47886116 43985735 48324979 X 4078709 4260467 11629474 11618270 15708183 15878737 59693918 64203716 -636310 806864 0 X 0 1 X 1 0 X 368088 448485 423445 399147 1639165 368088 448485 423445 399147 1639165 1639165 525094 752755 625293 525695 525950 2954787 4593952 0.35680 0.39130 X 0 MARKETABLE SECURITIES 64012945 F 64012945 FUNDS HELD FOR OTHERS 47886116 47886116 X 967597 806864 183875 990739 -23142 36500 36500 13358 797043 183875 183875 613168 36500 36500 649668 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. ACCORDINGLY, THE ORGANIZATION HAS NOT PROVIDED FOR INCOME TAXES IN THESE FINANCIAL STATEMENTS. EACH YEAR, MANAGEMENT CONSIDERS WHETHER ANY MATERIAL TAX POSITION THE ORGANIZATION HAS TAKEN IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. MANAGEMENT BELIEVES THAT ANY POSITIONS THE ORGANIZATION HAS TAKEN ARE SUPPORTED BY SUBSTANTIAL AUTHORITY AND, THEREFORE, DO NOT NEED TO BE MEASURED OR DISCLOSED IN THESE FINANCIAL STATEMENTS. 0 0 0 0 0 0 0 0 0 RICHARD PAGE PRESIDENT 0 911569 0 0 0 0 0 52151 0 24152 0 987872 0 0 KRISTEN DESTIGTER TRUSTEE 0 736024 0 55246 0 31035 0 60628 0 42957 0 925890 0 0 RICK VINCENT TRUSTEE 0 607040 0 91500 0 84540 0 29700 0 23939 0 836719 0 0 IRA BERNSTEIN TRUSTEE (END 12/23) 0 604531 0 44891 0 20050 0 77317 0 39004 0 785793 0 0 RAMSEY HERRINGTON TRUSTEE (START 01/24) 0 620638 0 44550 0 12290 0 47676 0 52126 0 777280 0 0 JASON SANDERS TRUSTEE 0 590518 0 89269 0 8600 0 41071 0 23839 0 753297 0 0 REBECCA ASLAKSON TRUSTEE 0 666232 0 0 0 14100 0 17637 0 52126 0 750095 0 0 LEWIS FIRST TRUSTEE 0 519076 0 38599 0 6563 0 56111 0 39004 0 659353 0 0 BRIAN COTE VICE-PRESIDENT 0 279570 0 0 0 0 0 28347 0 12076 0 319993 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE VICE-PRESIDENT AND CLERK/TREASURER REVIEW THE FORM 990 ON BEHALF OF THE BOARD OF DIRECTORS. ONCE BOTH ARE SATISFIED THE RETURN IS COMPLETE AND ACCURATE TO THE BEST OF THEIR KNOWLEDGE, THE RETURN IS FILED. THE BOARD AS A WHOLE IS INFORMED THAT THE RETURN HAS BEEN FILED AND IS AVAILABLE FOR INSPECTION IF DESIRED. FORM 990, PART VI, SECTION C, LINE 19 MANAGEMENT MAKES THES DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. UNIVERSITY OF VERMONT COLLEGE OF MEDICINE (UVM) 85 SO PROSPECT STREET BURLINGTON VT 05405 030179440 HIGHER EDUCATION VT 501(C)(3) LINE 6 0 UNIVERSITY OF VERMONT MEDICAL CENTER 111 COLCHESTER AVE BURLINGTON VT 05401 030219309 VERMONT'S ACADEMIC MEDICAL CENTER AND PRIMARY COMMUNITY HOSPITAL VT 501(C)(3) LINE 3 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0