Resource A Nonprofit Community Enterprise Inc, operating under the name Resource, is located in Williston, VT. The organization was established in 1991. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Resource employed 334 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Resource is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Resource generated $5.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $5.3m during the year ending 12/2022. While expenses have increased by 4.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
RESOURCE'S MISSION IS TO MEET COMMUNITY AND INDIVIDUAL NEEDS THROUGH 1) EDUCATION AND JOB SKILLS TRAINING, 2)ENVIRONMENTAL STEWARDSHIP, AND 3)ECONOMIC OPPORTUNITIES. THE ORGANIZATION IS DEDICATED TO EXTENDING ITS IMPACT, CHANGING MORE LIVES, PROVIDING RELIEF, RETRAINING, REBUILDING, REPAIRING, AND RESTORING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE OSINCE 1991 RESOURCE HAS BEEN EMPOWERING INDIVIDUALS AND STRENGTHENING VERMONT COMMUNITIES THROUGH WORKFORCE DEVELOPMENT, POVERTY RELIEF, AND ENVIRONMENTAL STEWARDSHIP. RESOURCE OPERATES FOUR REUSE CENTERS ACROSS THE STATE THAT ACCEPT AND REDISTRIBUTE HOUSEHOLD GOODS AND BUILDING MATERIALS TO VERMONTERS: TWO IN CHITTENDEN COUNTY, 339 PINE STREET IN BURLINGTON, AND 329 HARVEST LANE IN WILLISTON; ONE IN WASHINGTON COUNTY, 30 GRANITE STREET, BARRE; AND ONE IN LAMOILLE COUNTY, 590 EAST MAIN STREET, HYDE PARK. THROUGH THESE REUSE CENTERS, RESOURCE FINDS NEW HOMES FOR MAJOR APPLIANCES, COMPUTERS, ELECTRONICS, FURNITURE, AND BUILDING MATERIALS, DIVERTING USABLE ITEMS FROM THE LANDFILL AND INTO THE HOMES OF THOSE IN NEED. RESOURCE HAS EXPANDED ITS SERVICES AND PROGRAMMING TO OFFER MORE OPPORTUNITIES TO AT RISK-YOUTH AND LOW-INCOME INDIVIDUALS AND FAMILIES. ALL OF RESOURCE'S TRAINING PROGRAMS ARE DESIGNED TO PROVIDE A SYMBIOTIC BENEFIT IN EACH OF THE ORGANIZATION'S THREE MISSION AREAS; COMBINING THESE ELEMENTS PROVIDES IMPORTANT SYNERGIES AND VALUE THAT SUPPORT THE SUSTAINABILITY OF PROGRAMS.ENVIRONMENTAL STEWARDSHIP: REUSE PROGRAMS KEEP OVER 1,000 TONS OF WASTE OUT OF THE LANDFILL ANNUALLY, WHILE SUPPORTING LOW-AND MODERATE-INCOME VERMONTERS. IN ADDITION TO REUSE PROGRAMS, RESOURCE PROVIDES OTHER SERVICES SUCH AS WEATHERIZATION AND AFFORDABLE HOUSING CONSTRUCTION THROUGH ITS JOB TRAINING PROGRAMS THAT RESULT IN WELL INSULATED HOMES THAT REDUCE HEATING AND COOLING COSTS FOR LOW INCOME BENEFICIARIES AND HAVE LOWER CARBON EMISSIONS AND FEWER OTHER ENVIRONMENTAL IMPACTS.POVERTY RELIEF: IN ADDITION TO THE AFFORDABLE HOUSING CONSTRUCTION AND WEATHERIZATION SERVICES IDENTIFIED ABOVE, RESOURCE ALSO PROVIDES SKILL TRAINING TO DISADVANTAGED INDIVIDUALS AND DISTRIBUTES ESSENTIAL GOODS TO LOW INCOME FAMILIES AND VICTIMS OF DISASTER. OVER 85% OF WORKFORCE DEVELOPMENT TRAINEES THAT GRADUATE FROM RESOURCE'S PROGRAMS ARE PLACED INTO EMPLOYMENT WITHIN 3-MONTHS OF COMPLETING PROGRAM. RESOURCE'S ESSENTIAL GOODS PROGRAM SUPPORTS OVER 30-NONPROFIT PARTNER AGENCIES AND ALLEVIATES POVERTY BY DISTRIBUTING HOUSEHOLD APPLIANCES, COOKING EQUIPMENT, BEDS, OTHER FURNITURE, AND BUILDING MATERIALS TO THOSE WITH THE LOWEST INCOME.TRAINING: RESOURCE HAS THREE CATEGORIES OF JOB SKILL TRAINING.WORK EXPERIENCE: INDIVIDUALS WHO AREN'T READY TO WORK BUT ARE LOOKING TO GAIN EXPERIENCE MAY DO SO IN A SAFE AND SUPPORTIVE ENVIRONMENT AS A STEP TOWARD BECOMING WORK READY. WORKFORCE DEVELOPMENT: INDIVIDUALS WITH BARRIERS TO EMPLOYMENT LEARN SOFT AND TECHNICAL SKILLS AND EARN CREDENTIALS NEEDED TO BE PLACED IN EMPLOYMENT IN THEIR DESIRED CAREER. WORKFORCE ADVANCEMENT: THROUGH TWELVE MONTH CONSTRUCTION APPRENTICESHIP LABORERS EMPLOYED BY AREA CONSTRUCTION CONTRACTORS ARE PROVIDED CARPENTRY SKILL TRAINING THAT ALLOWS THEM TO BECOME CERTIFIED CARPENTERS THROUGH REGISTERED APPRENTICESHIP. RESOURCE ALSO OFFERS EMBEDDED TRAININGS EXPLORING CAREER OPPORTUNITIES WITH LOCAL BUSINESSES, AND CUSTOM SKILLED-BASED TRAININGS, CERTIFICATIONS, AND REFRESHERS FOR INCUMBENT WORKERS SUPPORTING THOSE WHO ARE UNDER-EMPLOYED. TRAINING OUTCOMES: EACH YEAR, RESOURCE TRAINS OVER 300 INDIVIDUALS. BY PROVIDING TRAINING CUSTOMIZED TO EACH INDIVIDUAL'S NEEDS AS WELL AS PROVIDING CERTIFICATIONS AND BASIC SOFT-SKILLS TRAINING NEEDED TO LAY THE GROUNDWORK FOR FUTURE EMPLOYMENT, TRAINEES DEVELOP THE PERSONAL AND PROFESSIONAL SKILLS NECESSARY TO SUCCEED IN THE WORKFORCE.IN 2022, RESOURCE ACHIEVED THE FOLLOWING IMPACTS WITHIN EACH MISSION AREA:ENVIRONMENTAL STEWARDSHIP:*KEPT 745 TONS OF GOODS (TRANSLATING TO 773,694REUSABLE ITEMS) OUT OF VERMONT'S ONLY LANDFILL*10 UNITS OF AFFORDABLE HOUSING REHABBED AS WELL AS 34 PUBLIC SERVICE PROJECTS COMPLETED BY WORKFORCE DEVELOPMENT TRAINEESPOVERTY RELIEF:*$60,751 IN ESSENTIAL GOODS VOUCHERS WERE PROVIDED TO 989 VERMONTERS IN NEED*26 ESSENTIAL GOODS PARTNER AGENCIES ASSISTED IN RELIEVING POVERTY IN OUR COMMUNITIESTRAINING:*250 TRAINEES GAINED PROFESSIONAL SKILLS THROUGH OUR TRAINING PROGRAMS*83% OVERALL PROGRAM GRADUATION RATE*94% OF TRAINEES EARNED INDUSTRY CERTIFICATIONS*$18.30 WAS THE AVERAGE STARTING WAGE FOR WORKFORCE DEVELOPMENT GRADUATES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ben Bosher Director | Trustee | 2 | $0 |
Katherine Arthaud Secretary | OfficerTrustee | 2 | $0 |
Harry Frank Vice President | OfficerTrustee | 2 | $0 |
Charles Ginsburg Director | Trustee | 2 | $0 |
Sharon Morrison Director | Trustee | 2 | $0 |
Carolyn Dube President | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,359,320 |
All other contributions, gifts, grants, and similar amounts not included above | $1,911,367 |
Noncash contributions included in lines 1a–1f | $1,271,084 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,270,687 |
Total Program Service Revenue | $2,636,238 |
Investment income | $1,198 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $29,546 |
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 | $5,937,669 |
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. | $119,952 |
Compensation of current officers, directors, key employees. | $13,364 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,786,276 |
Pension plan accruals and contributions | $9,167 |
Other employee benefits | $257,246 |
Payroll taxes | $284,306 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,404 |
Fees for services: Accounting | $14,950 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $130,970 |
Advertising and promotion | $33,592 |
Office expenses | $31,236 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $277,725 |
Travel | $16,781 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $12,399 |
Interest | $147,647 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $234,891 |
Insurance | $74,533 |
All other expenses | $0 |
Total functional expenses | $5,274,760 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,333,621 |
Savings and temporary cash investments | $123,993 |
Pledges and grants receivable | $517,562 |
Accounts receivable, net | $242,207 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $285,707 |
Prepaid expenses and deferred charges | $43,289 |
Net Land, buildings, and equipment | $7,583,834 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $355,022 |
Total assets | $10,485,235 |
Accounts payable and accrued expenses | $402,000 |
Grants payable | $0 |
Deferred revenue | $41,500 |
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 | $6,004,518 |
Unsecured mortgages and notes payable | $159,414 |
Other liabilities | $345,375 |
Total liabilities | $6,952,807 |
Net assets without donor restrictions | $3,407,259 |
Net assets with donor restrictions | $125,169 |
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 | $10,485,235 |