Vermont Fuel Dealers Association

Organization Overview

Vermont Fuel Dealers Association, operating under the name Vermont Oil Heat Institute Inc, is located in Berlin, VT. The organization was established in 1965. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Vermont Oil Heat Institute Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Oil Heat Institute 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 12/2022, Vermont Oil Heat Institute Inc generated $624.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $553.0k during the year ending 12/2022. While expenses have increased by 2.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE PROMOTION AND IMPROVEMENT OF THE OIL HEAT INDUSTRY THROUGHOUT VERMONT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEMBER BUSINESS MEETINGS, ENERGY CONSERVATION, SPILL CLEAN UP AND PREVENTION, COLLECTION OF MEMBER FEES AND PROGRAMS SPONSORED FOR MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Matt Cota
Executive D
$129,579
Stephanie Austin
Executive Di
$60,000
Peter Bourne
Director
$0
Dan Boyd
Director
$0
Mallory Corse
Director
$0
Kinson Craft
Director
$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$66,193
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$66,193
Total Program Service Revenue$530,244
Investment income $555
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 $624,606

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