2025-08-12T06:34:48-05:00 2024-09-30 010494526 Baker Newman & Noyes PO Box 507 Portland ME 04112 990 2023-10-01 043358048 Lamoille Health Partners Inc LAMO 8028880595 609 Washington Highway Morrisville VT 05661 Susan Bartlett Interim Chief Executive Officer 8028880595 2025-07-31 1 0 Connor Smart P02285543 2078792100 2025-07-31 2023 2025-03-06 01:10:19Z Susan Bartlett 609 Washington Highway Morrisville VT 05661 24711261 0 X http://www.LamoilleHealthPartners.org X 1998 VT To provide quality integrated health care services and promote wellness for residents of the Lamoille Valley Region. 8 8 220 10 181798 0 5658398 5151347 15506526 19551195 6846 8719 0 0 21171770 24711261 4870 3068 0 0 15503176 17053570 0 0 0 7039005 9286462 22547051 26343100 -1375281 -1631839 11294591 11121535 8391447 9850230 2903144 1271305 To provide quality integrated health care services and promote wellness for residents of the Lamoille Valley Region. 0 0 17653553 3068 19369397 The Organization provides ambulatory medical services in the Lamoille Valley including behavioral health and wellness services, substance use disorder treatment, psychiatry and telemedicine services, dentistry, and primary care physician services. 17653553 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 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 0 0 0 0 1 32 0 1 220 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 0 X Your Part Time Controller LLC 8574654463 75 State Street Boston MA 02110 Shelly Citron Director 1.00 X 0 0 0 Mary Paul Loomis Director 1.00 X 0 0 0 Richard Westman Director 1.00 X 0 0 0 Dave Yacovone Director 1.00 X 0 0 0 Susan Bartlett Chair 1.00 X X 0 0 0 Peter Anderson Vice Chair 1.00 X X 0 0 0 Josh Smith Treasurer 1.00 X X 0 0 0 Alison Calderara Secretary 1.00 X X 0 0 0 Melissa Volansky MD Chief Medical Officer (end 11/2023) 32.00 X 268243 0 42780 Lance Broy MD Chief Medical Officer(start 10/2023) 32.00 X 47233 0 6202 Stuart G May President/CEO 40.00 X 303632 0 24441 David Simmons CFO (end 2/2024) 40.00 X 177352 0 7405 Evalie Crosby Interim CFO (start 3/2024) 40.00 X 0 0 0 Linda Zamvil MD Physician 32.00 X 331879 0 38308 Robert Quinn MD Physician 28.00 X 227390 0 43529 Katherine Marvin MD Physician 40.00 X 226699 0 42681 Steven Soriano DO Physician 40.00 X 222540 0 39868 Sara Davis DDS Dentist 40.00 X 230762 0 33045 2035730 0 278259 26 0 1 0 0 5002564 148783 5151347 Patient service revenue 621110 14506790 14506790 340B contract revenue 621110 2288784 2288784 Pharmacy services 623000 2207453 2025655 181798 Pharmacy network 621110 336914 336914 Other program services 621110 211254 211254 19551195 6688 6688 2031 0 2031 2031 2031 24711261 19369397 181798 8719 X 3068 3068 877288 364458 512830 12884439 8994278 3890161 426826 294770 132056 1913600 1258306 655294 951417 636370 315047 50302 50302 69000 69000 2707796 1229583 1478213 120138 2755 117383 697006 145000 552006 196627 196627 763639 587914 175725 50618 20625 29993 166918 105552 61366 253381 203219 50162 423708 207398 216310 136279 21892 114387 340B drugs/med supplies 3163124 3163124 Provision for bad debts 322344 322344 Lab supplies 91955 91955 Recruitment 73320 942 72378 307 307 26343100 17653553 8689547 0 242878 66319 537655 107234 101787 114165 1090165 1476006 219239 298879 225919 185479 14385993 6795085 7531004 7590908 23598 210770 706037 1322346 365738 11294591 11121535 2232257 3510651 5183 367031 5209372 5246268 944635 726280 8391447 9850230 X 2595464 1271305 307680 0 2903144 1271305 11294591 11121535 -1631839 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 417 0 0 0 417 0 Part II-B, Line 1: Lamoille Health Partners is a member of the Bi-State Primary Care Association, a health care industry group. To maintain its relationship with the Association, Lamoille Health Partners is required to remit dues and fees back to the Association. It is possible that a portion of the dues paid to this Association was available for lobbying expenditures on behalf of Lamoille Health Partners and the other Association members in furtherance of their exempt purposes. At the time of filing this Form 990, the Association was unable to provide Lamoille Health Partners with an estimate of the portion of dues paid during this tax year that was available for lobbying. However, in past years, of the total dues paid, approximately 1.5% was determined to be used on lobbying expenditures. Accordingly, Lamoille Health Partners estimates that of the $27,821 in total dues paid during this year, approximately $417 may have been available for use by the Association on lobbying purposes. For transparency purposes, such has been reported on this Form 990, Schedule C, Part II-B, Line 1f. 591176 591176 7812771 2022085 5790686 1914590 1683269 231321 3720414 2954120 766294 347042 135611 211431 7590908 Operating lease liabilities 726280 726280 X 24424917 36000 36000 24388917 322344 322344 24711261 26056756 36000 36000 26020756 322344 322344 26343100 Part X, Line 2: The Organization has been organized without capital stock and operates exclusively for charitable and/or educational purposes. The Organization complies with the provisions of Section 501(c)(3) of the Internal Revenue Code (IRC) to operate as a not-for-profit organization and is exempt from income taxes. As a tax-exempt public charity as described in Section 501(c)(3) of the IRC, only unrelated business income, as described by Section 512(a)(1) of the IRC, is subject to federal income tax. The Organization considers its activities to determine any unrelated business income filing and tax payment requirements as appropriate with its annual tax return submissions. Tax-exempt organizations could be required to record an obligation for income taxes as the result of a tax position they have historically taken on various tax exposure items including unrelated business income or tax status. Under guidance issued by the FASB, assets and liabilities are established for uncertain tax positions taken or positions expected to be taken in income tax returns when such positions are judged to not meet the "more-likely-than-not" threshold, based upon the technical merits of the position. The Organization has evaluated the position taken on its filed tax returns. The Organization has concluded no uncertain income tax positions exist at September 30, 2024. Part XI, Line 2d - Other Adjustments: Internal pharmacy rent adjustments 36,000. Part XI, Line 4b - Other Adjustments: Provision for bad debts 322,344. Part XII, Line 2d - Other Adjustments: Internal pharmacy rent adjustments 36,000. Part XII, Line 4b - Other Adjustments: Provision for bad debts 322,344. X X X 0 0 0 0 0 0 0 0 0 Linda Zamvil MD Physician 325221 0 0 0 6658 0 13130 0 25178 0 370187 0 0 0 Stuart G May President/CEO 301732 0 0 0 1900 0 12203 0 12238 0 328073 0 0 0 Melissa Volansky MD Chief Medical Officer (end 11/2023) 267123 0 0 0 1120 0 10733 0 32047 0 311023 0 0 0 Robert Quinn MD Physician 226977 0 0 0 413 0 9218 0 34311 0 270919 0 0 0 Katherine Marvin MD Physician 226469 0 0 0 230 0 9166 0 33515 0 269380 0 0 0 Sara Davis DDS Dentist 230652 0 0 0 110 0 9290 0 23755 0 263807 0 0 0 Steven Soriano DO Physician 222383 0 0 0 157 0 8900 0 30968 0 262408 0 0 0 David Simmons CFO (end 2/2024) 174269 0 0 0 3083 0 6987 0 418 0 184757 0 0 0 Form 990, Part VI, Section A, line 3 During the period covered by this Form 990, Lamoille Health Partners engaged an indepdent third-party accounting firm, BerryDunn, to provide interim Chief Financial Officer (CFO) services to the Organization. As per the Interim CFO Agreement, BerryDunn was to provide the following services: interim CFO support and related services; budgeting and financial reporting; forecasting and projections; support for the CEO and other key employees and officers; and to assist in the development and recruitment of a permanent CFO role and BerryDunn's eventual replacement. The agreement with BerryDunn was signed effective January 2024. In March 2024, through the agreement with BerryDunn, Evalie Crosby was placed as the Interim CFO, in which role Ms. Crosby served through the end of this tax year, and up until November 2024. In this capacity, Evalie Crosby fulfilled the same general responsibilities assigned to BerryDunn under the original Interim CFO Agreement. As these agreements all began effective January 2024 or later, no compensation or other payments were paid by Lamoille Health Partners regarding these arrangements during the 2023 calendar year. Therefore, in accordance with IRS Instructions, no compensation, benefits, or other payments regarding these Interim CFO contracts have been reported on this Form 990, Part VII, or on the accompanying Schedule J. Form 990, Part VI, Section B, line 11b The Organization's Form 990 is prepared with the assistance of an independent public accounting firm. The draft is then thoroughly reviewed by the Finance Committee and other key financial staff. Once any changes are made, the Organization makes the Form 990 available for all Board Members to review via secure web portal, email, or in hard copy prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The Board of Directors fills out a conflict of interest questionnaire/disclosure form annually in April. Form 990, Part VI, Section B, line 15 The CEO compensation is determined and executed by the Board of Directors taking into consideration individual and organizational performance, experience, and comparable market rates for the position. All other officer and key employee compensation is determined by the CEO focusing on individual performance, experience, and utilizing outside compensation data. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, audited financial statements, and Forms 1023 and 990 available to the public upon request at its central offices. Form 990, Part IX, Column D: The Organization did not incur any fundraising expenses during the current fiscal year. All grants are received primarily from state and federal sources on an on-going basis. Form 990, Part XI, Line 2c The audit process has not changed from the prior year. Form 990, Part VI, Line 16b: While no policy or procedure that is written exists, in every instance where Lamoille Health Partners (LHP) has entered into a joint venture, LHP has secured legal advice to understand the implications of entering into an LLC agreement and its impact on the Organization's tax exempt status. This is the normal procedure followed to safeguard the Organization's tax exempt status for all LLC agreements. Previously, LHP's Schedule R listed several LLC entities as related organizations which constituted the Organization's joint ventures. The Organization has disposed of its interest in all joint ventures it previously participated in with taxable entities in previous tax years.