Vermont Funeral Directors & Embalmers Association
- Assets
- $525.2k
- Revenue
- $118.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Woodstock, VT
- Founding
- 12/1986
- Data as of
- 05/2020
- EIN
- 03-0298001
Organization Overview
Vermont Funeral Directors & Embalmers Association is located in Woodstock, VT. The organization was established in 1986. According to its NTEE Classification (Y50) the organization is classified as: Cemeteries, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Funeral Directors & Embalmers Association 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 05/2020, Vermont Funeral Directors & Embalmers Association generated $118.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $102.5k during the year ending 05/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL FORUM FOR FUNERAL DIRECTORS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED MEMBERS WITH INDUSTRY KNOWLEDGE THROUGH PUBLICATIONS, CONTINUING EDUCATION AND OTHER MEETINGS/CONVENTIONS HELD THROUGHOUT THE YEAR.
PROVIDED MEMBERS WITH INDUSTRY KNOWLEDGE THROUGH PUBLICATIONS, CONTINUING EDUCATION AND OTHER MEETINGS/CONVENTIONS HELD THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Camp Executive Director | Officer | 20 | $36,000 |
Robert Brown Board Member | OfficerTrustee | 0.25 | $0 |
Chris Palermo President | Officer | 1 | $0 |
Adam Goss Vice President | Officer | 0.25 | $0 |
Glenn Ward Secretary | Officer | 0.25 | $0 |
J Malcollm Potter Treasurer | Officer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,789 |
| Investment income | $95,204 |
| 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 | $118,293 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $900 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $18,901 |
| Compensation of current officers, directors, key employees. | $36,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,097 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,921 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $600 |
| Office expenses | $273 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,810 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $102,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,595 |
| Savings and temporary cash investments | $70,222 |
| 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 |
| Investments—publicly traded securities | $436,365 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $525,182 |
| Accounts payable and accrued expenses | $3,286 |
| 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 | $3,286 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $521,896 |
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