Civic Intelligence

Onecare Vermont Accountable Care

EIN 45-5399218 • 501(c)3 • Colchester, VT

Profile

Onecare partners with local health care providers to transform vermont's health care system to one that focuses on health goals by providing actionable data and innovative payments that foster better outcomes for all (see schedule o).

356 MOUNTAIN VIEW DRIVE Suite 301Colchester, VT 05446

www.onecarevt.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

88th percentile

0.92x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

92nd percentile

5.15x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

43rd percentile

2.5%

Higher net margin than 43% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

54th percentile

$523,560

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

98th percentile

106%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-3.8%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$119,902,699

Up $61,579,402 (+106%) from 2023

Liabilities

Up

$110,888,099

Up $61,040,306 (+122%) from 2023

Net Assets

Up

$9,014,600

Up $539,096 (+6.4%) from 2023

Revenue

Down

$21,542,460

Down $859,842 (-3.8%) from 2023

Expenses

Down

$21,003,364

Down $804,087 (-3.7%) from 2023

Net Income

Down

$539,096

Down $55,755 (-9.4%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2020: $95,970,985Liabilities 2020: $90,284,556Net Assets 2020: $5,686,4292020Assets 2021: $43,985,225Liabilities 2021: $37,005,377Net Assets 2021: $6,979,8482021Assets 2022: $57,110,714Liabilities 2022: $49,230,061Net Assets 2022: $7,880,6532022Assets 2023: $58,323,297Liabilities 2023: $49,847,793Net Assets 2023: $8,475,5042023Assets 2024: $119,902,699Liabilities 2024: $110,888,099Net Assets 2024: $9,014,6002024

Highlighted filing

2024

Assets$119,902,699
Liabilities$110,888,099
Net Assets$9,014,600

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2020: $4,160,652Expenses 2020: $5,051,809Net Income 2020: -$891,1572020Revenue 2021: $27,384,795Expenses 2021: $26,091,376Net Income 2021: $1,293,4192021Revenue 2022: $24,067,959Expenses 2022: $23,167,154Net Income 2022: $900,8052022Revenue 2023: $22,402,302Expenses 2023: $21,807,451Net Income 2023: $594,8512023Revenue 2024: $21,542,460Expenses 2024: $21,003,364Net Income 2024: $539,0962024

Highlighted filing

2024

Revenue$21,542,460
Expenses$21,003,364
Net Income$539,096

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$21,542,460
Mission and Program Overview

Mission

Onecare partners with local health care providers to transform vermont's health care system to one that focuses on health goals by providing actionable data and innovative payments that foster better outcomes for all (see schedule o).

Onecare partners with local health care providers to transform vermont's health care system to one that focuses on health goals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$32,314,222$63,397,544▲ $31,083,322
Accounts Receivable$25,732,709$56,245,749▲ $30,513,040
Prepaid Expenses and Deferred Charges$258,669$248,788▼ $9,881
Land, Buildings, and Equipment, Net$17,697$10,618▼ $7,079
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$58,323,297$119,902,699▲ $61,579,402
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$47,927,702$105,354,903▲ $57,427,201
Deferred Revenue$1,920,091$5,533,196▲ $3,613,105
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$49,847,793$110,888,099▲ $61,040,306
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,475,504$9,014,600▲ $539,096
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$8,475,504$9,014,600▲ $539,096
Total Liabilities and Net Assets / Fund Balance$58,323,297$119,902,699▲ $61,579,402

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,618$38,931$49,549
Leasehold Improvements$0$9,953$9,953
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Abraham BermanCEO Til 12/24FT$368,101$155,459$523,560
Sara BarryVP & Chief Operating OfficerFT$308,631$99,589$408,220
Thomas BorysCFO, and CEO as of 12/24FT$254,473$103,902$358,375
Carrie Wulfman MdChief Medical OfficerPT$198,723$73,173$271,896
Aaron PerryChief Legal CounselPT$169,832$89,669$259,501
Martita GiardDirector Aco Strategy&planningFT$177,780$68,542$246,322
Amy BodetteDirector Public AffairsFT$159,557$53,549$213,106
Kimberley DouglasDirector Aco Finance & AccntgFT$153,128$57,093$210,221
Derek RaynesDirector Payment ReformFT$173,053$30,350$203,403
Jodi FreiAco Director of Data ServicesFT$156,166$32,842$189,008
Judy PetersonTrustee-$1,200-$1,200
Sierra LowellTrustee-$600-$600

Board Members and Trustees

NameTitle
Anya Rader WallackBoard Chair
Tom HuebnerBoard Vice Chairman
Adriane Trout MdTrustee
Jen Gilwee MdTrustee
Jessica MoschellaTrustee
Judi FoxTrustee
Michael CostaTrustee
Sandy RousseTrustee
Stephen LeblancTrustee
Teresa Fama MdTrustee
Thomas DeeTrustee
Toby Sadkin MdTrustee
Coleen CondonTrustee (formerly Kohaut)
Dick CourcelleTrustee as of 01/24
Leslie FerrerTrustee Til 01/24
Shawn TesterTrustee Til 03/24
Stuart MayTrustee Til 09/24
Daniel BennettTrustee Until 09/24
Regina AlexanderCCO

Highest Paid Contractors

ContractorServicesLocationCompensation
University Of Vermont Health NetworData & Analytics462 SHELBURNE ROAD, Burlington, VT 05401$1,703,973
Berry Dunn Mcneil Parker LLCCompliance2211 CONGRESS STREET, Portland, ME 04102$352,500
Convergence Health Consulting INCData & Analytics1688 ORVIETTO DRIVE, Roseville, CA 95661$331,373
Milliman INCActuarial1301 5TH AVENUE SUITE 3800, Seattle, WA 98101$278,827
Ernst Young US LLPAuditing200 PLAZA DRIVE STE 2222, Secaucus, NJ 07094$229,651
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$19,776,557
Investment Income
$1,765,903
Other Revenue
$0
Change in Net Assets
$539,096

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,542,460
Total Revenue per Audited Statements
$21,542,460
Total Revenue per Form 990
$21,542,460
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,969,946
Salaries, Compensation, and Employee Benefits$6,033,418
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,234,492$1,121,768$0$3,356,260
Fees for Services Other$2,537,841$635,300$0$3,173,141
Current Officers, Directors, Trustees, and Key Employees$849,270$973,992$0$1,823,262
Fees for Services Accounting$0$966,872$0$966,872
Other Employee Benefits$504,837$235,921$0$740,758
Other Expenses$0$601,987$0$601,987
Fees for Services Legal$15,009$269,383$0$284,392
Insurance$11,205$217,887$0$229,092
Information Technology$125,240$64,306$0$189,546
Payroll Taxes$43,271$19,248$0$62,519
Occupancy$16,053$43,401$0$59,454
Office Expenses$50,797$7,127$0$57,924
Fees for Services Lobbying$0$53,400$0$53,400
Pension Plan Contributions$35,035$15,584$0$50,619
Travel$16,986$18,184$0$35,170
Conferences and Meetings$7,663$17,757$0$25,420
Depreciation Depletion$1,908$5,170$0$7,078
Advertising$1,189$3,566$0$4,755
Total Functional Expenses$15,732,511$5,270,853$0$21,003,364

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$21,003,364
Total Expenses per Audited Statements$21,003,364
Total Expenses per Form 990$21,003,364
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3

Onecare has entered into a contractual relationship with berry dunn mcneil & parker, llc to provide outsourced compliance officer services. These services include overseeing the aco compliance program, overseeing aco privacy programs, chairing the compliance committee, communicating regulatory updates/responsibilities to the aco leadership and acting in the capacity of the chief compliance and privacy officer (ccpo) for the company. The person named at berry dunn as ccpo is regina alexander. Regina is employed by berry dunn mcneil & parker. Onecare pays berry dunn as its vendor and is not privy to regina's compensation arrangement.

Form 990, Part VI, Line 6

Members onecare vermont is a limited liability corporation, founded in 2012. On september 30, 2021, the university of vermont medical center ("uvmc") transferred its membership status to its parent organization, uvm health network. As of october 1, 2021, uvm health network became the sole corporate member of onecare.

Form 990, Part VI, Lines 7A

Member appointments to governing body uvm health network, the sole member of onecare has the right to appoint three members of the governing body. The governing body is comprised of up to twenty-one members in total. Other members of the governing body represent specific provider types represented in onecare's provider network, as set out in the organization's operating agreement.

Form 990, Part VI, Line 11B

Return preparation onecare vermont's form 990 is prepared by onecare staff and reviewed by pwc us tax llp (pwc). Following pwc's review, the return is reviewed by onecare's senior leadership. Finally, onecare's management presents the form 990 to the finance committee for review and comment. The completed form 990 is provided to all members of the onecare governing board prior to being filed with the irs.

Form 990, Part VI, Line 12C

Monitoring of the conflict of interest policy the organization regularly monitors and enforces compliance with its conflict of interest policy. In accordance with the policy, board of trustees, officers and certain other individuals are required to complete a conflict of interest disclosure and certification upon hiring, at least annually, prior to participating in any decision that may be affected by a personal interest, and whenever a potentially conflicting interest first arises. The conflict of interest policy is enforced by the onecare compliance team, who reports at least annually on conflict of interest issues to the audit committee of the board of managers. Conflicts of interest are managed in accordance with the policy, which provides for a variety of remedies to address conflicts of interest. Remedies to address conflicts of interest may include the following: recusal from decision making, disclosure to appropriate parties, committee participation limits and requested divestiture. An appeals process exists should the individual request a secondary review be performed.

Form 990, Part VI, Lines 15A and 15B

Compensation determination policy onecare utilizes the services of the uvm health network in the setting of all compensation. Compensation determination is subject to uvm health network's compensation framework, which involves utilization of national and regional peer groups, targeting the 50th percentile, with performance based variable pay opportunities.

Form 990, Part VI, Line 19

Document disclosure governance documents consist of the organization's articles of incorporation and operating agreement. The articles of incorporation are filed with the vermont secretary of state and are publicly available through that office. The operating agreement is not publicly posted, but a copy would be furnished to any member of the public who requested one. The conflict of interest policy is provided to green mountain care board (gmcb) and dept of vermont health access (dvha), both of which are subject to public record requests. Onecare's annual audited financial statements are posted to onecare's webiste as well as provided to gmcb and dvha.

Filing and Contact Details

Filer

Filer Name
Onecare Vermont Accountable Care
EIN
45-5399218
In Care Of
% THOMAS BORYS
Phone
8028477220
Address
356 MOUNTAIN VIEW DRIVE Suite 301, COLCHESTER, VT 05446

Signing Officer

Name
Thomas Borys
Title
Interim CEO&CFO, Ocv
Phone
8028477220
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Borys
Formed
2012
Legal Domicile
Vt
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
18

Preparer

Firm
PwC US Tax LLP
Address
101 SEAPORT BLVD SUITE 500, BOSTON, MA 02210
Preparer
Erica R Mcreynolds
Phone
6175305000
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

(mission continued) innovative payments made during this tax period, payments made to providers fostering innovation and better outcomes include fixed prospective payments to hospitals and certain primary care providers of $490m; global fixed payments of $31m, commercial plan population health payments of $836k; and medicare blueprint funding of $10m. All of these payments are netted out entirely on this return for purposes of following us gaap.

Form 990 Part IX Line 11G

Description:uvmhn data & analysis total fees:1703973

Form 990 Part IX Line 11G

Description:actuarial total fees:233827

Form 990 Part IX Line 11G

Description:compliance total fees:352500

Form 990 Part IX Line 11G

Description:evaluation total fees:325000

Form 990 Part IX Line 11G

Description:other services total fees:557841

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO TIL 12/24
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP & CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CFO, AND CEO AS OF 12/24
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHIEF MEDICAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHIEF LEGAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR ACO STRATEGY&PLANNING
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR PUBLIC AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR ACO FINANCE & ACCNTG
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR PAYMENT REFORM
IRS990/Form990PartVIISectionAGrp/TitleTxt9ACO DIRECTOR OF DATA SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE UNTIL 09/24
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE AS OF 01/24
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE (FORMERLY KOHAUT)
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE TIL 09/24
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE TIL 03/24

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