Vermont Chamber Foundation Inc
- Assets
- $138.9k
- Revenue
- $165.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Montpelier, VT
- Founding
- 11/1993
- Data as of
- 09/2022
- EIN
- 03-0335635
Organization Overview
Vermont Chamber Foundation Inc is located in Montpelier, VT. The organization was established in 1993. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Chamber Foundation Inc 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 09/2022, Vermont Chamber Foundation Inc generated $165.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 34.7% each year . All expenses for the organization totaled $202.8k during the year ending 09/2022. While expenses have increased by 13.9% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Smith Direct Of Outreach (thru May) | 5 | $41,500 | |
Bill Shouldice IV Past Chair | 1 | $0 | |
Phil Daniels Board Member | 1 | $0 | |
Paul Carroccio Board Member | 1 | $0 | |
Evan Langfeldt Vice Chair | 1 | $0 | |
Betsy Bishop Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $165,651 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $165,651 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $41,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,685 |
| Printing and publications | $73 |
| Other expenses | $56,420 |
| Total operating and administrative expenses | $202,768 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $202,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,979 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,938 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $138,917 |
| Accounts payable and accrued expenses | $8,870 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,870 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Vermont Chamber Foundation Inc has recieved totaling $32,751.
| Awarding Organization | Amount |
|---|---|
Vermont Community Foundation Middlebury, VT PURPOSE: GENERAL PURPOSE | $22,750 |
Vermont Ski Areas Association Inc Montpelier, VT PURPOSE: CASH CONTRIBUTION TO SUPPORT VERMONT FUTURE PROJECT. | $10,001 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Employment Opportunities Inc New York, NY | $41,857,908 | $87,797,672 |
Mdrc New York, NY | $143,919,606 | $93,136,568 |
1199 Seiu League Training And Upgrading Fund New York, NY | $42,542,566 | $63,487,129 |
Jobs For The Future Inc Boston, MA | $45,400,683 | $55,577,164 |
Common Ground Management Corporation New York, NY | $34,376,983 | $41,849,859 |
Consortium For Worker Education Inc New York, NY | $27,138,774 | $23,461,109 |
Youthbuild Usa Inc Roxbury, MA | $41,660,191 | $41,513,584 |
National Telecommuting Institute Boston, MA | $7,581,785 | $15,508,649 |
Masshire Hampden County Workforce Board Inc Springfield, MA | $3,346,725 | $13,329,757 |
South Middlesex Non-Profit Housing Corporation Framingham, MA | $86,868,885 | $12,461,508 |
Lifestyles For The Disabled Inc Staten Island, NY | $5,937,706 | $11,027,240 |
Vermont Associates For Training & Development Inc St Albans, VT | $530,190 | $11,812,343 |