Vermont Business Association For Social Responsibility
- Assets
- $569.5k
- Revenue
- $275.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Burlington, VT
- Founding
- 07/1992
- Data as of
- 12/2022
- EIN
- 03-0329869
Organization Overview
Vermont Business Association For Social Responsibility is located in Burlington, VT. The organization was established in 1992. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Business Association For Social Responsibility 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 Business Association For Social Responsibility generated $275.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $232.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO ADVANCE A BUSINESS ETHIC THAT VALUES MULTIPLE BOTTOM LINES--ECONOMIC, SOCIAL AND ENVIRONMENTAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTHER PROGRAMS ARE PROGRAMS AND SERVICES NOT OFFERED ON A REGULAR BASIS, SUCH AS ONE-TIME WORKSHOPS OR EDUCATIONAL OFFERINGS WE PRESENT OR CO-PRESENT WITH OTHER ORGANIZATIONS. THIS CATEGORY CAN ALSO INCLUDE ASSESSING THE FEASIBILITY OF POTENTIAL NEW PROGRAMS.
VBSR MEMBERSHIP SERVICES PROVIDES GENERAL MEMBERSHIP SERVICE AND SUPPORT RELATING TO SOCIALLY RESPONSIBLE BUSINESS PRACTICES, INCLUDING RESOURCES VIA A WEBSITE, NEWSLETTERS AND NETWORKING AND EDUCATIONAL PROGRAMS. VBSR ALSO SERVES MEMBERS AS AN INFORMATION CLEARINGHOUSE ON SOCIALLY RESPONSIBLE BUSINESS PRACTICES AND RESOURCES.
OUR PUBLIC POLICY PROGRAM INCLUDES THE DEVELOPMENT OF NEW PUBLIC POLICY INITIATIVES AND OUR STATE HOUSE ADVOCACY CAMPAIGNS. VBSR IDENTIFIES PUBLIC POLICY ISSUES OF IMPORTANCE TO OUR BUSINESS MEMBERS THROUGH PUBLIC POLICY SURVEYS AND FORUMS AND ADOPTS TRIPLE-BOTTOM-LINE ORGANIZATIONAL POSITIONS ON A VARIETY OF PUBLIC POLICY ISSUES. VBSR EDUCATES BUSINESSES, THE PUBLIC AND LEGISLATORS ON THE ISSUES VIA WORKSHOPS, FORUMS, AND NEWSLETTERS AND PROVIDES A POLICY VOICE ON BEHALF OF MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jed Davis Director | Trustee | 1 | $0 |
David Blittersdorf Director | Trustee | 1 | $0 |
David Epstein Vice Chair | OfficerTrustee | 1 | $0 |
Duane Peterson Director | Trustee | 1 | $0 |
Mark Curran Director | Trustee | 1 | $0 |
Beth Rusnock Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $259,108 |
| 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 | $259,108 |
| Total Program Service Revenue | $14,954 |
| Investment income | $1,449 |
| 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 | $275,511 |
| 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. | $38,136 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $147,639 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,683 |
| Advertising and promotion | $3,700 |
| Office expenses | $547 |
| Information technology | $4,016 |
| Royalties | $0 |
| Occupancy | $4,738 |
| Travel | $1,156 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,732 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,902 |
| All other expenses | $176 |
| Total functional expenses | $232,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,272 |
| Savings and temporary cash investments | $327,992 |
| Pledges and grants receivable | $38,006 |
| Accounts receivable, net | $93,531 |
| 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 | $999 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $71,719 |
| Total assets | $569,519 |
| Accounts payable and accrued expenses | $10,608 |
| 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 | $300 |
| Total liabilities | $10,908 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $558,611 |
| Total liabilities and net assets/fund balances | $569,519 |