Vermont State Grange Inc
- Assets
- $1.7m
- Revenue
- $96.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Wells River, VT
- Founding
- 05/1956
- Data as of
- 09/2023
- EIN
- 03-0164910
Organization Overview
Vermont State Grange Inc is located in Wells River, VT. The organization was established in 1956. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 09/2023, Vermont State Grange Inc employed 4 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Vermont State Grange Inc is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 09/2023, Vermont State Grange Inc generated $96.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $84.0k during the year ending 09/2023. While expenses have increased by 1.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ADVOCATES FOR RURAL AMERICA AND AGRICULTURE, THROUGH ACTIVITIES, SCHOLARSHIPS AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR LOCAL GRANGE ORGANIZATIONS, FAMILY/YOUTH ACTIVITIES, EDUCATIONAL SCHOLARSHIPS AND LOANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Goodrich Exec Committee | Trustee | 1 | $0 |
Kendal Holden Master/president | OfficerTrustee | 12 | $6,000 |
Nancy Perkins Secretary | OfficerTrustee | 4 | $3,000 |
Martha Kirchner Treasurer | OfficerTrustee | 4 | $2,000 |
Janice Rousselle Trust Officer | Trustee | 2 | $1,000 |
Brenda Rousselle Exec Committee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $24,669 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,794 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,463 |
| Total Program Service Revenue | $5,672 |
| Investment income | $52,468 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,269 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,272 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $96,144 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,325 |
| Grants and other assistance to domestic individuals. | $9,200 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $12,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $959 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,245 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,408 |
| Office expenses | $1,577 |
| Information technology | $1,822 |
| Royalties | $0 |
| Occupancy | $12,646 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,402 |
| Interest | $0 |
| Payments to affiliates | $11,571 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,138 |
| All other expenses | $2,898 |
| Total functional expenses | $83,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,538 |
| Savings and temporary cash investments | $672,981 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $189,118 |
| Investments—publicly traded securities | $779,687 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $57,419 |
| Total assets | $1,730,743 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,429,921 |
| Net assets with donor restrictions | $300,822 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,730,743 |