Vermont State Employees Assoc Inc
- Assets
- $2.8m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 27
- Location
- Montpelier, VT
- Founding
- 10/1971
- Data as of
- 09/2021
- EIN
- 03-0187599
Organization Overview
Vermont State Employees Assoc Inc is located in Montpelier, VT. The organization was established in 1971. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 09/2021, Vermont State Employees Assoc Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont State Employees Assoc Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2021, Vermont State Employees Assoc Inc generated $2.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $3.0m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BARGAINING UNIT/STATE EMPLOYEES
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTIVE BARGAINING FOR VERMONT STATE, VT STATE COLLEGES, VERMONT JUDICIARY, DEFENDER GENERAL'S OFFICE, AND VT HOUSING AUTHORITY EMPLOYEES (OVER 5,000 MEMBERS SERVED)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Belcher General Counsel | 40 | $128,245 | |
Gary Hoadley Labor Relations Director | 40 | $128,117 | |
Steve Howard Executive Director | Officer | 50 | $107,409 |
Gretchen Naylor Director Of Field Services | 40 | $104,138 | |
Aimee Towne President | OfficerTrustee | 10 | $5,302 |
Josh Cox Former Clerk | 2 | $2,187 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,905,168 |
| Investment income | $36,910 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,945,078 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $122,863 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,656,001 |
| Pension plan accruals and contributions | $229,788 |
| Other employee benefits | $242,320 |
| Payroll taxes | $137,598 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $54,856 |
| Fees for services: Accounting | $16,150 |
| Fees for services: Lobbying | $86,954 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,112 |
| Fees for services: Other | $3,791 |
| Advertising and promotion | $0 |
| Office expenses | $8,107 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,937 |
| Travel | $1,462 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $16,630 |
| Depreciation, depletion, and amortization | $52,035 |
| Insurance | $37,742 |
| All other expenses | $42,224 |
| Total functional expenses | $3,041,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $476,010 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,440 |
| 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 | $36,592 |
| Net Land, buildings, and equipment | $422,467 |
| Investments—publicly traded securities | $1,822,782 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,763,291 |
| Accounts payable and accrued expenses | $372,129 |
| 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 | $608,399 |
| Total liabilities | $980,528 |
| Net assets without donor restrictions | $1,782,763 |
| Net assets with donor restrictions | $0 |
| 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 | $2,763,291 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Federation Of Teachers New York, NY | $15,634,112 | $19,917,624 |
International Brotherhood Of Electrical Workers Flushing, NY | $42,808,557 | $29,527,864 |
American Federation Of State County & Municipal Employees New York, NY | $5,666,474 | $18,719,600 |
Laboers International Union Of North America New York, NY | $82,959,218 | $20,599,249 |
Electrical Workers Local No 86 Insurance Fund Plan And Trust Rochester, NY | $26,301,983 | $18,525,409 |
International Brotherhood Of Electrical Workers Dorchester, MA | $20,226,169 | $18,660,825 |
International Union Of Painters And Allied Trades New York, NY | $30,422,741 | $16,478,287 |
International Brotherhood Of Teamsters New York, NY | $10,937,127 | $16,693,793 |
New York State Correctional Albany, NY | $26,423,975 | $18,262,137 |
Retail Wholesale & Department Store Union New York, NY | $50,504,227 | $15,796,954 |
Laborers International Union Of North America Astoria, NY | $45,280,264 | $16,536,779 |
Council Of School Supervisors And Administrators Of The City Of Ny New York, NY | $57,802,367 | $21,293,230 |