Evernorth Inc logo

Evernorth Inc

Foundation · Grantmaker Burlington, VT EIN: 85-1409438 Website

Produce permanently affordable housing and enable investments in economic and community development to benefit residents through partnerships with communities and the private sector.

Key facts about Evernorth Inc

In short: Evernorth Inc gave $12K across 1 grant in 2024 (avg $12K), mostly in Vermont. Source: 2024 IRS Form 990 filing.

EIN
85-1409438
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$12,000
Grants made (2024)
1
Average grant
$12,000
Median grant
$12,000
Total assets
$25,994,507
Primary geography
Vermont (100% of itemized 2024 grant dollars)

Data from IRS Form 990 filing, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$26.0M

+3.1% YoY

Annual Giving

$12K

Grant Count

1

Avg Grant Size

$12K

About Evernorth Inc

Based on IRS filings

Evernorth Inc is a nonprofit organization focused on Housing & Shelter, based in Burlington, VT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $26.0M in total assets. In 2024, it awarded 1 grant totaling $12K. Net investment income was $540K.

Focus Areas

Open Grants

3 open opportunities from Evernorth Inc

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

Winooski

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K0 grants20200 grants20210 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Vermont Student Assistance Corporation: $12KVermont Student AssistanceCorporation$12K

Grant Size Distribution

1 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
VERMONT STUDENT ASSISTANCE CORPORATION Winooski, VTSTUDENT SCHOLARSHIPS$12,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M20202021202220232024
Metric202420232022
Total Assets$25,994,507$25,211,058$25,975,172
Revenue$11,186,036$8,935,294$9,285,260
Expenses$10,242,507$9,124,614$8,351,216
Qualifying Distributions———
Net Investment Income$539,582$175,427$261,410
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Evernorth Inc is led by Nancy Owens, President since 2023 (on filings since 2021); 13 of 28 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Nancy Owens

    President

    Co-President → President, 2023

    On filings since 2021

    40 hrs/week

    $198K (2021) → $269K (2024)

  • Charlie Baker

    Chair

    Secretary → Director, 2022

    Director → Chair, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Julia Morgan

    Director of Community Investment Risk Management

    New on the 2024 filing

    40 hrs/week

    $130K (2024)

  • Michael Sprague

    Director of Asset Management

    New on the 2024 filing

    40 hrs/week

    $124K (2024)

  • Paul Ottoson

    Director of Capital Management

    New on the 2024 filing

    40 hrs/week

    $126K (2024)

  • Amy Demetrowitz

    Director

    Board Member → Director, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Andrew Winter

    Director

    Board Member → Director, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Chris Miller

    Director

    Board Member → Director, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Dave Birkhahn

    Director

    Board Member → Director, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Vogel

    Director

    Co-Chair → Director, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kelly Laflamme

    Director

    Board Member → Director, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael Clarke

    Director

    Board Member → Director, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Walt Greiner

    Director

    Board Member → Director, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Marc Landry

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Mike Anthony

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Anna Adachi-Mejia

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Elizabeth Wagner-Boutin

    Vice President Community Investments

    Vice President - Community Investments → Vice President Community Investments, 2024

    On filings since 2021

    40 hrs/week

    $136K (2021) → $177K (2024)

  • Janet Spitler

    Treasurer

    Chief Financial Officer → Treasurer, 2022

    On filings since 2021

    40 hrs/week

    $147K (2021) → $217K (2024)

  • Kathy Beyer

    Vice President Real Estate

    Vice President - Development → Vice President Real Estate, 2024

    On filings since 2021

    40 hrs/week

    $154K (2021) → $203K (2024)

  • Sherrin Vail

    Vice President Asset Management & Portfolio Initiatives

    Vice President → Vice President Asset Management & Portfolio Initiatives, 2024

    On filings since 2021

    40 hrs/week

    $129K (2021) → $184K (2024)

  • Amy Dohner

    Project Management

    New on the 2024 filing

    40 hrs/week

    $126K (2024)

  • Cynthia Lacasse

    Executive Vice President & Cpo

    New on the 2024 filing

    40 hrs/week

    $246K (2024)

  • David Graves

    Controller

    New on the 2024 filing

    40 hrs/week

    $123K (2024)

  • Jennifer Ogden

    Vice President Hr & Org. Development

    New on the 2024 filing

    40 hrs/week

    $181K (2024)

  • William Eric Schmitt

    COO

    New on the 2024 filing

    40 hrs/week

    $218K (2024)

  • Cullen Ryan

    Secretary

    Co-Chair → Secretary, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kara Sweeney

    Vice Chair

    Director → Treasurer, 2022

    Treasurer → Vice Chair, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Karyn Hale

    Assistant Treasurer

    Board Member → Director, 2021

    Director → Assistant Treasurer, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (7)
  • Former: William Shanahan (2021–2023) — Co-President
  • Former: Deborah Flannery (2022–2023) — Vice President
  • Former: Eric W. Schmitt (2022–2023) — Vice President - Asset Mgt
  • Former: Jennifer Odgen (2023) — Vice President
  • Former: Art Casavant (2021) — Treasurer
  • Former: Holly Burbank (2021) — Vice President
  • Former: W. Eric Schmitt (2021) — Vice President - Asset Mgt.

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Nancy Owens — President: $269KNancy OwensPresident$269KCynthia Lacasse — Executive VP & Cpo: $246KCynthia LacasseExecutive VP & Cpo$246KWilliam Eric Schmitt — COO: $218KWilliam Eric SchmittCOO$218KJanet Spitler — Treasurer (End 12/31/24): $217KJanet SpitlerTreasurer (End 12/31/24)$217KKathy Beyer — VP Real Estate: $203KKathy BeyerVP Real Estate$203KSherrin Vail — VP Asset Management & Portfolio Initiatives: $184KSherrin VailVP Asset Management & Portfolio…$184KJennifer Ogden — VP HR & Org. Development: $181KJennifer OgdenVP HR & Org. Development$181KElizabeth Wagner-Boutin — VP Community Investments: $177KElizabeth Wagner-BoutinVP Community Investments$177KJulia Morgan — Director of Community Investment Risk Management: $130KJulia MorganDirector of Community…$130KAmy Dohner — Project Management: $126KAmy DohnerProject Management$126KPaul Ottoson — Director of Capital Management: $126KPaul OttosonDirector of Capital Management$126KMichael Sprague — Director of Asset Management: $124KMichael SpragueDirector of Asset Management$124KDavid Graves — Controller: $123KDavid GravesController$123K

Frequently asked questions about Evernorth Inc

How much does Evernorth Inc give each year?

Evernorth Inc gave $12K across 1 grant in 2024, according to its 2024 IRS Form 990 filing.

How large is Evernorth Inc?

Evernorth Inc reported $26.0M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $11.2M.

What is Evernorth Inc?

Evernorth Inc is a nonprofit organization focused on Housing & Shelter, based in Burlington, VT. It holds $26.0M in total assets as of 2024.

Where does Evernorth Inc operate?

Evernorth Inc has awarded grants in Vermont.

What is Evernorth Inc's EIN?

Evernorth Inc's EIN (Employer Identification Number) is 85-1409438. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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