Vermont Retail And Grocers Association Inc

Organization Overview

Vermont Retail And Grocers Association Inc is located in Berlin, VT. The organization was established in 1949. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 04/2024, Vermont Retail And Grocers Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Retail And Grocers Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 04/2024, Vermont Retail And Grocers Association Inc generated $470.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $392.4k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

THE VERMONT RETAIL AND GROCERS ASSOCIATION'S MISSION IS TO UNITE MERCHANTS AND TRADE PARTNERS TO PROMOTE THE SUSTAINABLE GROWTH OF THE INDUSTRY THROUGH THE EDUCATIONAL, ECONOMIC, AND LEGISLATIVE NEEDS OF ITS MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

YEARBOOK AND NEWSLETTER (SALES SLIP) - PROVIDE INDUSTRY-SPECIFIC AND GENERAL INFORMATION TO AND BETWEEN MEMBERS. CIRCULATION OF OVER 1,000 FOR BOTH THE YEARBOOK AND THE NEWSLETTER.


DENTAL AND BUSINESS INSURANCE PROGRAMS - PROVIDED ADMINISTRATIVE SERVICES ALLOWING MEMBERS TO PURCHASE DENTAL AND BUSINESS INSURANCE AT COMPETITIVE RATES.


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Board, Officers & Key Employees

Name (title)Compensation
Erin Sigrist
President
$97,000
Todd Keyworth
Board Chair
$0
Heather Tremblay
Treasurer
$0
Ray Bouffard
Director
$0
Pat Lannotti
Director
$0
Patricia Brown
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$36,127
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$36,127
Total Program Service Revenue$355,303
Investment income $25,328
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $44,843
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $470,701

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