Civic Intelligence

Brattleboro Mutual Aid Association Inc.

990 • Fiscal year 2013 • EIN 03-0179415

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 30, 2014

80 Maple StreetBrattleboro, VT 05301

(802) 254-4977

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

60th percentile

0.20x

Higher debt load relative to assets than 60% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

55th percentile

0.14x

Higher debt load relative to revenue than 55% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

54th percentile

4.0%

Higher net margin than 54% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

81st percentile

$128,850

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

58th percentile

4.6%

Faster asset growth than 58% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

34th percentile

-2.1%

Faster revenue growth than 34% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Assets

Up

$3,310,722

Up $144,722 (+4.6%) from 2012

Net Assets

Up

$2,634,375

Up $278,410 (+12%) from 2012

Liabilities

Down

$676,347

Down $133,688 (-17%) from 2012

Revenue

Down

$4,725,314

Down $99,684 (-2.1%) from 2012

Expenses

Down

$4,536,051

Down $73,636 (-1.6%) from 2012

Net Income

Down

$189,263

Down $26,048 (-12%) from 2012

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $2,456,254Liabilities 2011: $352,119Net Assets 2011: $2,104,1352011Assets 2012: $3,166,000Liabilities 2012: $810,035Net Assets 2012: $2,355,9652012Assets 2013: $3,310,722Liabilities 2013: $676,347Net Assets 2013: $2,634,3752013Assets 2014: $3,301,936Liabilities 2014: $605,941Net Assets 2014: $2,695,9952014Assets 2015: $3,282,347Liabilities 2015: $649,564Net Assets 2015: $2,632,7832015Assets 2016: $2,982,697Liabilities 2016: $661,947Net Assets 2016: $2,320,7502016Assets 2017: $3,257,058Liabilities 2017: $767,722Net Assets 2017: $2,489,3362017Assets 2018: $3,220,822Liabilities 2018: $748,902Net Assets 2018: $2,471,9202018Assets 2019: $3,186,790Liabilities 2019: $712,554Net Assets 2019: $2,474,2362019Assets 2020: $4,110,496Liabilities 2020: $691,725Net Assets 2020: $3,418,7712020Assets 2021: $4,078,098Liabilities 2021: $769,223Net Assets 2021: $3,308,8752021Assets 2022: $3,382,382Liabilities 2022: $895,370Net Assets 2022: $2,487,0122022Assets 2023: $4,033,976Liabilities 2023: $940,610Net Assets 2023: $3,093,3662023Assets 2024: $3,858,860Liabilities 2024: $594,073Net Assets 2024: $3,264,7872024

Highlighted filing

2013

Assets$3,310,722
Liabilities$676,347
Net Assets$2,634,375

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $4,523,639Expenses 2011: $4,478,936Net Income 2011: $44,7032011Revenue 2012: $4,824,998Expenses 2012: $4,609,687Net Income 2012: $215,3112012Revenue 2013: $4,725,314Expenses 2013: $4,536,051Net Income 2013: $189,2632013Revenue 2014: $4,933,636Expenses 2014: $4,611,058Net Income 2014: $322,5782014Revenue 2015: $4,754,120Expenses 2015: $4,759,721Net Income 2015: -$5,6012015Revenue 2016: $4,558,451Expenses 2016: $4,913,233Net Income 2016: -$354,7822016Revenue 2017: $5,175,654Expenses 2017: $5,154,826Net Income 2017: $20,8282017Revenue 2018: $5,139,852Expenses 2018: $5,092,614Net Income 2018: $47,2382018Revenue 2019: $4,985,626Expenses 2019: $5,129,968Net Income 2019: -$144,3422019Revenue 2020: $6,052,299Expenses 2020: $5,312,318Net Income 2020: $739,9812020Revenue 2021: $5,070,066Expenses 2021: $5,380,175Net Income 2021: -$310,1092021Revenue 2022: $5,775,015Expenses 2022: $6,231,027Net Income 2022: -$456,0122022Revenue 2023: $7,234,939Expenses 2023: $6,813,782Net Income 2023: $421,1572023Revenue 2024: $7,320,509Expenses 2024: $7,113,253Net Income 2024: $207,2562024

Highlighted filing

2013

Revenue$4,725,314
Expenses$4,536,051
Net Income$189,263
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 30, 2014
Return Version
2013v3.1
Gross Receipts
$4,725,314
Mission and Program Overview

Mission

To care for the sick, prevention of disease, maintenance of health, education and service in health & kindred matters and training nurses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,014,686$1,125,541▲ $110,855
Land, Buildings, and Equipment, Net$1,194,157$1,090,282▼ $103,875
Accounts Receivable$447,369$525,752▲ $78,383
Cash and Non-Interest-Bearing Accounts$270,321$304,382▲ $34,061
Savings and Temporary Cash Investments$227,886$242,525▲ $14,639
Inventories for Sale or Use$5,853$11,036▲ $5,183
Other Notes and Loans Receivable, Net$4,212$9,783▲ $5,571
Intangible Assets$1,516$1,421▼ $95
Total Assets$3,166,000$3,310,722▲ $144,722
Liabilities
Mortgage Notes Payable Secured by Investment Property$429,757$414,538▼ $15,219
Accounts Payable and Accrued Expenses$380,278$261,809▼ $118,469
Total Liabilities$810,035$676,347▼ $133,688
Net Assets / Fund Balance
Unrestricted Net Assets$2,313,480$2,590,837▲ $277,357
Temporarily Rstr Net Assets$31,660$32,713▲ $1,053
Permanently Rstr Net Assets$10,825$10,825→ $0
Total Net Assets Fund Balance$2,355,965$2,634,375▲ $278,410
Total Liabilities and Net Assets / Fund Balance$3,166,000$3,310,722▲ $144,722

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$950,562$2,530,474$3,481,036
Equipment$139,720$633,553$773,273

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$10,825---$10,825
2012$10,825---$10,825
2011$10,825---$10,825
2010$10,825---$10,825
2009$10,825---$10,825
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dane a RankAdministratoFT$111,682$17,168$128,850

Board Members and Trustees

NameTitle
Theresa MasielloPresident
Charles CummingsAdvisory Director
David NeumeisterAdvisory Director
Herb RestAdvisory Director
Richard GuthrieAdvisory Director
Amy Thompson LandryDirector
Betty TylerDirector
Donna BorofskyDirector
Kathleen K BrooksDirector
Trudy CritesDirector
Thomas JohnsonDirector Eme
John C Mabie EsqSeretary
John AbelTreasurer
Joe FortierVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Fitz Vogt & AssociatesDietary Service-$688,875
Genesis EldercareTherapy Service-$402,203
Mvp HealthcareHealth Ins.-$270,924
Memic Indemnity CoWc Insurance-$101,733
Revenue and Support

Revenue Composition

Contributions and Grants
$13,510
Program Service Revenue
$4,671,259
Investment Income
$16,786
Other Revenue
$23,759
All Other Contributions
$13,510
Change in Net Assets
$189,263

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,723,668
Revenue Not Reported on Financial Statements
$1,646
Revenue Not Reported on Form 990
$89,147
Total Revenue per Audited Statements
$4,812,815
Total Revenue per Form 990
$4,725,314
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,475,082
Other Expenses$2,060,969
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,773,551$276,662-$2,050,213
All Other Expenses$674,902--$674,902
Other Employee Benefits$193,681$31,530-$225,211
Payroll Taxes$152,318$24,796-$177,114
Insurance$146,372--$146,372
Depreciation Depletion$135,543--$135,543
Other Expenses$134,109--$134,109
Fees for Services Accounting-$37,784-$37,784
Advertising$32,610--$32,610
Pension Plan Contributions$19,388$3,156-$22,544
Office Expenses$20,054--$20,054
Fees for Services Other$18,134--$18,134
Interest$13,898--$13,898
Travel$3,596--$3,596
Fees for Service Investment Mgmnt Fees-$1,646-$1,646
Total Functional Expenses$4,160,477$375,574$0$4,536,051

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,536,051
Expenses per Audited Statements$4,534,405
Total Expenses per Audited Statements$4,534,405
Expenses Not Reported on Financial Statements$1,646
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$6,965
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of the form 990 is provided to the full board of directors upon filing.

Form 990, Page 6, Part VI, Line 12C

Each director has a duty of loyalty to, and a fiduciary relationship with brattleboro mutual aid association which requires each board member: a) to act in a manner reasonably believed by the board member to be in the best interest of brattleboro mutual aid association, and b) to fully disclose in advance to the board situations in which the interest of the brattleboro mutual aid association may conflict with the interest of the board member or any person related to the board member. These situations include but are not limited to, 1) financial conflict of interest, 2) the use of brattleboro mutual aid association property of confidential information, 3) a material benefit arising out of a position with the brattleboro mutual aid association, 4) action by or on behalf of a person having an adverse interest to the brattleboro mutual aid association, 5) competition with the brattleboro mutual aid association, or 6) taking a business or grant opportunity away from the brattleboro mutual aid association. When a conflict of interest is presented, the board may approve the transaction between brattleboro mutual aid association and the conflicted board member, or may waive the conflict with the brattleboro mutual aid association's interest in the transaction if the board reasonably believes the transaction members of the board, who have no interest in the transaction being approved or the conflict being waived. If the transaction involving a conflict of interest with a board member is deemed not in the interest of, or unfair to, the brattleboro mutual aid association, the board will take steps to cancel or decline to enter into the transaction.

Form 990, Page 6, Part VI, Line 15A

The compensation committee of brattleboro mutual aid association and the board of directors considers the financial performance, grants and clinical excellence in determing the compensation paid to the key employees and management.

Form 990, Page 6, Part VI, Line 15B

Board reimbursement committee yearly review with measurement tool

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy and financial statements are available during the normal business hours with a request to the administrator

Filing and Contact Details

Filer

EIN
03-0179415
Phone
8022544977

Signing Officer

Name
Dane Rank
Title
Administrator
Phone
8022544977
Signed
2014-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dane Rank
Formed
1926
Legal Domicile
Vt
Voting Board Members
14
Independent Board Members
14
Employees
103

Preparer

Preparer
Andrew Bachand
Phone
8025249531
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Repairs and maint 128,904 0 0 occupational therapy 115,771 0 0 fuel and gas 93,915 0 0 electricity 74,048 0 0 pharmacy 50,253 0 0 dietary supplies 33,886 0 0 other patient services 30,021 0 0 housekeeping supplies 23,072 0 0 activities expense 20,106 0 0 speech therapy 18,292 0 0 laundry supplies 16,553 0 0 bad debt expense 15,757 0 0 miscellaneous expenses 14,966 0 0 prior year settlements 9,324 0 0 water and sewage 8,182 0 0 communications 7,987 0 0 licensing and dues 5,655 0 0 education 5,504 0 0 linens 2,706 0 0

Financial Statement Notes

Schedule D, Page 3, Part X

Income taxes the organization is exempt from federal income tax under the internal revenue code. Correspondingly, the organization is exempt from state income tax. Consideration has been given to uncertain tax positions. The federal income tax returns for the year ended after december 31, 2010 remain open for potential examination by major tax jurisdictions, generally for three years after they were filed.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR EME
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IRS990/Form990PartVIISectionAGrp/TitleTxt13ADVISORY DIR
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt043125
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.86$0.59$3.26$7.32$7.11$0.21
2023Detailed filing. Detailed filing data is available for this year.$4.03$0.94$3.09$7.23$6.81$0.42
2022Detailed filing. Detailed filing data is available for this year.$3.38$0.90$2.49$5.78$6.23$0.46
2021Detailed filing. Detailed filing data is available for this year.$4.08$0.77$3.31$5.07$5.38$0.31
2020Detailed filing. Detailed filing data is available for this year.$4.11$0.69$3.42$6.05$5.31$0.74
2019Detailed filing. Detailed filing data is available for this year.$3.19$0.71$2.47$4.99$5.13$0.14
2018Detailed filing. Detailed filing data is available for this year.$3.22$0.75$2.47$5.14$5.09$0.05
2017Detailed filing. Detailed filing data is available for this year.$3.26$0.77$2.49$5.18$5.15$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.98$0.66$2.32$4.56$4.91$0.35
2015Detailed filing. Detailed filing data is available for this year.$3.28$0.65$2.63$4.75$4.76$0.01
2014Detailed filing. Detailed filing data is available for this year.$3.30$0.61$2.70$4.93$4.61$0.32
2013Detailed filing. Detailed filing data is available for this year.$3.31$0.68$2.63$4.73$4.54$0.19
2012Summary only. Only limited summary data is available for this year.$3.17$0.81$2.36$4.82$4.61$0.22
2011Summary only. Only limited summary data is available for this year.$2.46$0.35$2.10$4.52$4.48$0.04